Honasa Consumer Limited has informed the Exchange about change in Management of the Company
HONASA · price
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On the reaction day the stock moved 5.2 pts more than Nifty Smallcap 250 and 5.0 pts more than its Personal Care peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Honasa Consumer (Mamaearth brand) reported strong FY26 results with consolidated revenue of Rs 23,919 million (up 16% YoY) and PAT of Rs 2,002 million, nearly 3x the Rs 727 million from FY25. The Board recommended a maiden final dividend of Rs 3 per share (30% on Rs 10 face value). It also re-appointed Mr. Subramaniam Somasundaram as Independent Director for another 5-year term effective February 2027, appointed BDO India Services as new internal auditors, and designated 3 senior management personnel (EVP Product & Data, SVP Offline Revenue, and SVP Online Revenue). Key updates include a favorable arbitration award in the RSM UAE dispute (AED 7.25 million in company's favor) and acquisition of 95% stake in BTM Ventures for Rs 1,980 million.
Strong profit growth nearly 3x YoY with maiden dividend signals financial strength and shareholder-friendly policies. The senior management additions in revenue-focused roles indicate strategic focus on expanding distribution channels.