Honasa Consumer projects up to Rs 1,000 Cr ARR in 3-5 years across brands

Quick Summary:

In FY 23-24, Honasa Consumer achieved like-for-like growth of 31.6%, generated free cash of Rs 224 crore, and had a negative working capital cycle of minus 13 days.

The company expects The Derma Co.to reach Rs 1,000 crore annual recurring revenue (ARR) while Aqualogica and Dr.

The company’s offline channels include general trade outlets, modern trade chains, and exclusive brand outlets.

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Article Details

Author / Journalist: Pooja Malik

Category: StartupsEconomyBusiness

Markets: India

Topics: Consumer Offline Brand Crore Annual Report Growth Company Privacy Honasa Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 09:18:15 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 21954536

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