Honasa Consumer Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
HONASA · price
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Honasa Consumer (Mamaearth parent) reported its FY25 audited results with standalone revenue from operations of Rs 1,865.7 crore, up 5.7% from Rs 1,764.4 crore in FY24. Q4 FY25 revenue grew 12.2% YoY to Rs 479.3 crore. However, standalone profit after tax fell sharply to Rs 64.1 crore in FY25 from Rs 121 crore in FY24, a drop of about 47%, while Q4 PAT dipped to Rs 22.6 crore from Rs 26.7 crore. EPS for FY25 stood at Rs 1.97 vs Rs 3.86 last year. The auditor (S.R. Batliboi & Associates LLP) issued an unmodified opinion. The company also appointed a new Secretarial Auditor for five years and set the 9th AGM for September 25, 2025. A pending UAE legal dispute with former distributor RSM General Trading (potential exposure up to Rs 1,001 million) remains under arbitration in India, though the company expects no material financial impact.
Despite modest top-line growth, the steep ~47% fall in FY25 standalone PAT signals significant margin pressure that shareholders should note, likely weighing on the stock in the short term. However, the clean audit opinion, ongoing business restructuring (Project Neev distribution overhaul), and the company's view that the UAE litigation will not materially hurt financials limit the downside risk.