HONASABSEHonasa Consumer LtdHighNeutral
Announced Thu, 21 May · 16:23 IST

Outcome of Board Meeting held today i.e. May 21, 2026

Pat Growth 25pctExceptional ItemResults RestatedResults View source PDF

HONASA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+7.9%1-day move
₹361.70
prior close
₹385.00
base price
After-mkt
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+2.5+1.5+2.2+0.8+7.9+9.8+15.6+13.4+10.6+11.3+12.5+14.2+26.3
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AI summary

Honasa Consumer Limited reported strong FY2026 results with standalone revenue of ₹23,054 million (up 14% YoY) and PAT of ₹1,908 million (up 177% YoY from ₹690 million). Q4 PAT jumped to ₹645 million from ₹246 million in Q4 FY2025. The Board approved audited financials with unmodified opinion from S.R. Batliboi & Associates. Key decisions include recommending a maiden final dividend of ₹3 per share (30% payout), reappointing an Independent Director for 5 years, and appointing BDO India as internal auditors. The Company also acquired 95% stake in BTM Ventures for ₹1,980 million and won a favorable arbitration award of AED 7.25 million against former distributor RSM. Figures for FY2025 were restated due to completed amalgamation of Fusion Cosmeceutics and Just4Kids.

Likely market impact

The 177% PAT growth and maiden dividend signal strong profitability turnaround and shareholder-friendly posture. The unmodified audit opinion with no going concern issues is positive. The RSM arbitration win reduces legal uncertainty. However, 14% revenue growth is below the 20% threshold, and EBITDA margins show compression which investors should monitor.