Honasa Consumer Valuation Multiples

Honasa Consumer Overview

About Honasa Consumer

Honasa Consumer Ltd is a digital-first beauty and personal care (BPC) company in India. It trades various beauty and personal care products across baby care, skin care, hair, and other related personal care categories. The products are manufactured through third-party contract manufacturers under the brand name of Mamaearth, The Derma Co, BBlunt, Aqualogica, and Ayuga. Geographically, the company generates a majority of its revenue within India.

Founded

2016

HQ

Employees

923

Website

honasa.in

Sectors

Health & BeautyFood & Beverages

Financials (LTM)

Revenue: $255M

EBITDA: $22M

EV

$1B

Valuation Multiples

Multiples.vc

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Honasa Consumer Financials

Honasa Consumer reported last 12-month revenue of $255M and EBITDA of $22M.

In the same LTM period, Honasa Consumer generated $178M in gross profit, $22M in EBITDA, and $19M in net income.

Honasa Consumer P&L

In the most recent fiscal year, Honasa Consumer reported revenue of $240M and EBITDA of $16M.

Honasa Consumer expects next 12-month revenue of XXX and NTM EBITDA of XXX

Honasa Consumer Stock Performance

Honasa Consumer has current market cap of $1B, and enterprise value of $1B.

Honasa Consumer's stock price is $3.35.

Honasa Consumer Valuation Multiples

Honasa Consumer trades at 4.1x EV/Revenue multiple, and 46.8x EV/EBITDA.

Honasa Consumer Financial Valuation Multiples

As of March 7, 2026, Honasa Consumer has market cap of $1B and EV of $1B.

Equity research analysts estimate Honasa Consumer's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Honasa Consumer has a P/E ratio of 58.5x.

Honasa Consumer Margins & Growth Rates

Honasa Consumer's revenue in the last 12 month grew by 15%.

Honasa Consumer's revenue per employee in the last FY averaged $0.3M.

Honasa Consumer's rule of 40 is 23% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Honasa Consumer's rule of X is 45% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Honasa Consumer Public Comps

See public comps and valuation multiples for other Health & Beauty and Food & Beverages comps.

Honasa Consumer M&A Activity

Honasa Consumer acquired XXX companies to date.

Last acquisition by Honasa Consumer was on XXXXXXXX, XXXXX. Honasa Consumer acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Honasa Consumer Investment Activity

Honasa Consumer invested in XXX companies to date.

Honasa Consumer made its latest investment on XXXXXXXX, XXXXX. Honasa Consumer invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).