HONASABSEHonasa Consumer LtdMediumNeutral
Announced Thu, 21 May · 17:01 IST

Honasa Consumer Limited has informed the exchange regarding change in management of the Company.

Management Changes View source PDF

HONASA · price

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Price reaction · full curve 14 horizons · vs prior close
+7.9%1-day move
₹361.70
prior close
₹385.00
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After-mkt
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AI summary

Honasa Consumer Limited (Mamaearth brand) reported strong audited financial results for FY26 ending March 2026. Standalone revenue grew 14% to Rs 23,054 million while profit after tax nearly tripled to Rs 1,908 million from Rs 690 million in FY25. The Board recommended a maiden final dividend of Rs 3 per share (30% of face value), subject to shareholder approval at the AGM. Three senior management personnel were added: Mr. Vipul Maheshwari as EVP Product and Data, Mr. Nishchay Bahl as SVP Offline Revenue, and Mr. Nilesh Kotalwar as SVP Online Revenue. The Board also re-appointed Mr. Subramaniam Somasundaram as Independent Director for a second 5-year term and appointed BDO India Services Private Limited as Internal Auditors for FY27.

Likely market impact

Strong financial performance with near-tripling of PAT demonstrates operational efficiency and market leadership in the beauty and personal care segment. The maiden dividend signals management confidence in sustained cash generation. Expanded senior management in revenue-focused roles indicates strategic focus on channel growth.