The Board at its meeting held on May 21, 2026, recommended a maiden final dividend of Rs. 3 per equity share for the financial year 2025-26, subject to the approval of the shareholders.
HONASA · price
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Honasa Consumer Limited (Mamaearth) has recommended its first-ever dividend of Rs. 3 per equity share (30% of face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company reported strong FY26 results with standalone revenue of Rs. 23,054 million (up 14% YoY) and profit after tax of Rs. 1,908 million (up 177% YoY). Consolidated PAT stood at Rs. 2,002 million. The board meeting was held on May 21, 2026 and lasted about 45 minutes. Other key outcomes include reappointment of an Independent Director, appointment of BDO India as Internal Auditors, and designation of 3 senior management personnel.
The maiden dividend signals management confidence in sustainable cash flows and represents the company's first return to shareholders since its IPO in November 2023. Positive for investor sentiment, though the absolute payout is modest given the current scale of operations.