Honasa Consumer Shares Fall 5% After ₹643-Crore Block Deal
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Honasa Consumer shares fell 5% after around ₹643 crore worth of shares changed hands in a block deal. The Mamaearth parent had reported a 116.5% rise in Q1 FY27 profit to ₹90 crore.
Honasa Consumer shares fell as much as 5% to ₹445 on the Bombay Stock Exchange (BSE) on Tuesday after around 1.4 crore shares worth ₹643 crore changed hands in a block deal.
According to media reports, Peak XV Partners Investments VI, Sequoia Capital Global Growth Fund III and Redwood Trust were among the sellers. Around 89 lakh shares were reportedly offered at ₹450 apiece, with Jefferies acting as the sole bookrunner.
The block deal comes after a strong June quarter for the Mamaearth parent, which reported its highest-ever quarterly profit and revenue.
At 11:52 AM, Honasa Consumer’s share price on the BSE stood at ₹452.95, down 2.90% from the previous session’s closing price.
Peak XV And Sequoia Among Major Public Shareholders
Promoter entities held a 35.47% stake in Honasa Consumer at the end of the June quarter, according to stock exchange data.
Public shareholders owned the remaining 64.53% stake. Peak XV Partners Investments VI held 14.8%, while Sequoia Capital Global Growth Fund III - US/India owned 3.44%.
The reported block deal involved a portion of the shares held by these investors.
Honasa Consumer Profit Rises 117% In Q1
Honasa Consumer reported a consolidated profit after tax of ₹90 crore for Q1 FY27, more than doubling from ₹41.6 crore in the same quarter last year. Revenue from operations rose 27% year-on-year to ₹756 crore from ₹595 crore in Q1 FY26.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) also increased sharply, rising 140.7% to ₹110 crore from ₹46 crore a year earlier. The EBITDA margin stood at 14.6%, compared with 7.7% in the year-ago quarter.
The June quarter marked the company's strongest quarterly performance on both profit and revenue.
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Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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