Honasa Consumer share price
NSE: HONASABSE: 544014Personal ProductsSmall Cap
Honasa Consumer Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 2023 · Issue price ₹324
Last close ₹451.10down ₹0.80 (0.18%)BSE ₹449.85
Share price at the NSE close on 28 Oct 2026. Previous close ₹451.90.
28 Oct: open ₹449.00, high ₹453.05, low ₹445.90
52-week range of traded prices to 28 Oct 2026
₹248.40Low, 11 Dec 2025₹509.80High, 14 Aug 2026
- Next results date: the board meets on 6 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹14,707 Cr531st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 59.10
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 10.42
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.67%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 19.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 18.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,59,90842.7% delivered
About Honasa Consumer
Honasa Consumer Limited is a digital-first beauty and personal care company that sells skincare, haircare, baby care, colour cosmetics and men's grooming products through a house of brands.12 Contract manufacturers make its products, which it sells mainly in India through its own websites and online marketplaces, and offline through distributors, modern trade stores and its own brand outlets.34
Its brands are Mamaearth, The Derma Co, Aqualogica, Dr.Sheth's, BBlunt, Staze, Lumineve, Reginald Men and Molecular.3 Mamaearth, its first brand, sells toxin-free products made with natural ingredients across skincare, haircare, baby care and colour care.56 The Derma Co sells skincare built on active ingredients, Aqualogica hydrating skincare aimed at Gen Z, Staze 9to9 long-wear make-up and Reginald Men skincare for Indian men.789 BBlunt, a wholly owned subsidiary, sells professional haircare; its own subsidiary B:Blunt-Spratt runs the BBlunt salon chain.10
It was incorporated in 2016 and is registered in New Delhi, with its corporate office in Gurugram.11 Its shares were listed on the NSE and BSE in November 2023.12 It was founded by Varun Alagh, its chairman and chief executive officer, and Ghazal Alagh, a whole-time director and its chief innovation officer.131415 Its promoter group held 35.54% of its shares on 31 Mar 2026; Varun Alagh's own stake rose to 32.45% when he bought more shares on 29 Dec 2025.1617
Honasa Consumer key points
Results
- In the quarter to Jun 2026, revenue from operations rose 31.8% to ₹785 crore on a like-for-like basis that adjusts for a change in Flipkart's settlement method; the company called it its highest quarterly revenue and profit.18
- In the quarter to Jun 2026, EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹110 crore, a 14.1% margin on like-for-like revenue, and profit after tax ₹90 crore, an 11.5% margin.19
- In the year to Mar 2026, consolidated revenue from operations grew 15.7% to ₹23,919.42 million, EBITDA 237.4% to ₹2,312.18 million and profit after tax 175.4% to ₹2,001.90 million, with Reginald Men included only for the quarter to Mar 2026.2021
- The board recommended a first dividend, ₹3.00 a share for the year to Mar 2026 (about 51.2% of standalone profit after tax), for the annual meeting of 28 Sep 2026; the documents give no outcome.2223
Market position
Brands
- The Derma Co's annual run rate of net sales value (recent sales scaled to a year) reached ₹1,000 crore in the quarter to Jun 2026; 80% of its sales are online.2627
- Younger brands, including The Derma Co, Aqualogica and Reginald Men, grew over 40% in the quarter to Jun 2026, or over 30% without Reginald Men, whose run rate on net sales value passed ₹150 crore.282930
Revenue mix
- Honasa's 7 focus categories (face cleansers, shampoos, sunscreens, moisturisers, face serums, baby care, lipsticks) made up over 80% of revenue in the year to Mar 2026, up around 500 basis points (hundredths of a percentage point).31
- In the year to Mar 2026, online channels (own websites and e-commerce marketplaces) brought in 68% of revenue; quick commerce (apps delivering within minutes), one of those online channels, now brings in about 10%.32
- In the quarter to Jun 2026, e-commerce sales grew over 20%, general trade (neighbourhood shops) secondary sales, from distributors to shops, over 40%, and modern trade (supermarket chains) offtake, sales to shoppers, over 40%.33
Distribution
- Mamaearth was in about 3 lakh retail outlets in India in Jun 2026, direct and indirect; Honasa billed about 1.2 lakh outlets directly through distributors in the year to Mar 2026.3435
- Direct distributors, which replaced super-stockists (wholesalers above distributors), now carry 80% of Honasa's general trade primary sales (sales from the company to distributors); distributor stock is around 30 days.36
- Consolidated revenue by customer location, ₹ million37
Item year to Mar 2026 year to Mar 2025 India 23,274.87 20,094.09 Outside India 644.55 575.40 - On a standalone basis, Honasa exports directly to 27 countries and through merchant exporters to 4 more, 31 countries in all.38
What the company expects
- The company stated in its annual report for the year to Mar 2026 that it intends to reach ₹5,000 crore (₹5,500 crore by the year to Mar 2031) and a 15% EBITDA margin, a further 500 basis points.39
- On its earnings call of 13 Aug 2026, the company said it targets high-teens compound annual growth (average yearly growth) over 5 years, and faster growth in the year to Mar 2027.40
- On its earnings call of 13 Aug 2026, the company said it targets EBITDA margin gains of 100 to 150 basis points a year, and at least 150 to 200 in the year to Mar 2027.4142
Recent events
- On 25 Aug 2026, Honasa called off its planned purchase of 58% of Fluence Pharma, a nutraceuticals (dietary supplements) company, as closing conditions were not met.4344
- On 6 Jan 2026, Honasa bought 95% of BTM Ventures, owner of Reginald Men, for ₹1,979.62 million.4546
- On 15 Dec 2025, Honasa took a 25% stake in Couch Commerce, owner of the teeth-whitening brand Fang Oral, by subscribing to its compulsorily convertible preference shares (CCPS) for ₹99.98 million.47
Litigation and regulatory matters
- RSM General Trading, an overseas distributor, sued Honasa in the UAE over the end of its distributorship; a court ordered Honasa to pay AED 25.07 million in May 2024, a ruling Honasa appealed.48
- The company stated in its annual report for the year to Mar 2026 that a legal matter in the UAE was resolved in February 2026, with an earlier award of about AED 25 million cut to AED 1.7 million.49
- In arbitration with RSM, the award of 14 May 2026, corrected on 26 Jun 2026, directs RSM to pay Honasa AED 9,918,514 and any sum Dubai courts make Honasa pay; the filings record no payment.5051
Last updated
All 51 sources, each with its page
- 1. Annual report, 3 Sep 2026, page 5
- 2. Annual report, 3 Sep 2026, page 11
- 3. Annual report, 3 Sep 2026, page 169
- 4. Annual report, 3 Sep 2026, page 99
- 5. Annual report, 3 Sep 2026, page 18
- 6. Annual report, 3 Sep 2026, page 12
- 7. Annual report, 3 Sep 2026, page 8
- 8. Earnings call, 13 Aug 2026, page 14
- 9. Annual report, 3 Sep 2026, page 16
- 10. Annual report, 3 Sep 2026, page 55
- 11. Annual report, 3 Sep 2026, page 1
- 12. Annual report, 3 Sep 2026, page 54
- 13. Annual report, 3 Sep 2026, page 10
- 14. Annual report, 3 Sep 2026, page 59
- 15. Annual report, 3 Sep 2026, page 74
- 16. Annual report, 3 Sep 2026, page 77
- 17. Exchange filing, 29 Dec 2025, page 1
- 18. Investor presentation, 13 Aug 2026, page 8
- 19. Investor presentation, 13 Aug 2026, page 8
- 20. Annual report, 3 Sep 2026, page 53
- 21. Annual report, 3 Sep 2026, page 52
- 22. Annual report, 3 Sep 2026, page 54
- 23. Annual report, 3 Sep 2026, page 1
- 24. Investor presentation, 13 Aug 2026, page 14
- 25. Annual report, 3 Sep 2026, page 47
- 26. Investor presentation, 13 Aug 2026, page 16
- 27. Earnings call, 13 Aug 2026, page 11
- 28. Investor presentation, 13 Aug 2026, page 15
- 29. Earnings call, 13 Aug 2026, page 14
- 30. Investor presentation, 13 Aug 2026, page 17
- 31. Annual report, 3 Sep 2026, page 47
- 32. Annual report, 3 Sep 2026, page 48
- 33. Earnings call, 13 Aug 2026, page 5
- 34. Investor presentation, 13 Aug 2026, page 18
- 35. Annual report, 3 Sep 2026, page 46
- 36. Annual report, 3 Sep 2026, page 19
- 37. Annual report, 3 Sep 2026, page 169
- 38. Annual report, 3 Sep 2026, page 83
- 39. Annual report, 3 Sep 2026, page 10
- 40. Earnings call, 13 Aug 2026, page 7
- 41. Earnings call, 13 Aug 2026, page 4
- 42. Earnings call, 13 Aug 2026, page 10
- 43. Exchange filing, 25 Aug 2026, page 1
- 44. Exchange filing, 23 Jun 2026, page 2
- 45. Annual report, 3 Sep 2026, page 54
- 46. Annual report, 3 Sep 2026, page 174
- 47. Annual report, 3 Sep 2026, page 55
- 48. Annual report, 3 Sep 2026, page 169
- 49. Annual report, 3 Sep 2026, page 52
- 50. Exchange filing, 26 Jun 2026, page 1
- 51. Exchange filing, 26 Jun 2026, page 3
Results
Consolidated; ₹ crore.Honasa Consumer quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +21.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +237.4%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹756 Crup 15.05%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹90 Crup 30.26%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 12.0%
Revenue by quarter
Peak revenue ₹756 Cr, quarter to Jun 2026; lowest ₹462 Cr, quarter to Sep 2024
Net profit by quarter, a loss in red
- Net profit
- Loss
A loss in 1 of the 8 quarters shown
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 462 | 518 | 534 | 595 | 538 | 602 | 657 | 756 |
| Net profit | −19 | 26 | 25 | 41 | 39 | 50 | 69 | 90 |
| Net margin | −4.0% | 5.0% | 4.7% | 6.9% | 7.3% | 8.3% | 10.6% | 12.0% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,392 Crup 15.72%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹200 Crup 175.41%
- Net margin
- 8.4%
Revenue by year
Peak revenue ₹2,392 Cr, year to Mar 2026; lowest ₹1,920 Cr, year to Mar 2024
Net profit by year, a loss in red
| ₹ crore | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Revenue | 1,920 | 2,067 | 2,392 |
| Net profit | 111 | 73 | 200 |
| Net margin | 5.8% | 3.5% | 8.4% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Beauty and Personal care, which carries all its revenue.
Valuation
Today, against the company's own history.Honasa Consumer PE ratio and valuation
Price to earnings
At or below today's level on 3% of 599 trading days since May 2024.
LowestHighest
Its median99.93Industry median32.38
Price to book
At or below today's level on 57% of 725 trading days since Nov 2023.
LowestHighest
Its median8.92Industry median5.47
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 99% of 735 trading days since Nov 2023.
LowestHighest
Its median0.00%Industry median2.68%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +29.6% | +174.6% | −53.1% | 1.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
93 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 48 of the 67 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 93 funds holding Honasa Consumer
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 6
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 56
- CutCut. Funds that held fewer shares than at the end of the month before.
- 11
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 18
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
 Franklin India Mid Cap FundFranklin Templeton Mutual Fund | 33,33,333 | 1.18% | ₹143.8 Cr |
 Bandhan Large & Mid Cap FundBandhan Mutual Fund | 31,34,321 | 0.65% | ₹135.2 Cr |
 Helios Flexi Cap FundHelios Mutual Fund | 23,67,927 | 1.16% | ₹102.1 Cr |
 Mirae Asset Great Consumer FundMirae Asset Mutual Fund | 20,53,943 | 1.99% | ₹88.6 Cr |
| Bandhan Innovation FundBandhan Mutual Fund | 13,63,555 | 1.91% | ₹58.8 Cr |
| Mirae Asset Multicap FundMirae Asset Mutual Fund | 13,33,333 | 1.07% | ₹57.5 Cr |
 TRUSTMF Small Cap FundTrust Mutual Fund | 12,46,453 | 1.39% | ₹53.8 Cr |
 JM Flexi Cap FundJM Financial Mutual Fund | 12,40,772 | 1.06% | ₹53.5 Cr |
 Nippon India Innovation FundNippon India Mutual Fund | 12,14,565 | 1.79% | ₹52.4 Cr |
 Union Innovation & Opportunities FundUnion Mutual Fund | 6,74,571 | 2.23% | ₹29.1 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Honasa Consumer insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 1 pledge filing of unclear kind
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Honasa Consumer competitors and peers
Personal Care, 21 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Honasa Consumer in market cap.FMCG companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 CupidCUPID | 42,296 | 308.38 | 93.82 | – | – | 34.6% | 30.9% | 0.00% |
 Gillette IndiaGILLETTE | 23,683 | 35.45 | 25.02 | – | – | 67.8% | 93.5% | 3.30% |
 Procter & Gamble Hygiene and Health CarePGHH | 22,330 | 28.24 | 29.64 | – | – | 106.1% | 137.6% | 3.71% |
 EmamiEMAMILTD | 16,001 | 21.38 | 5.47 | +2.8% | −8.5% | 26.6% | 26.3% | 2.68% |
 Bajaj Consumer CareBAJAJCON | 4,980 | 19.85 | 5.55 | +28.5% | +83.8% | 32.5% | 31.4% | 0.00% |
 Anondita MedicareANONDITA | 1,905 | 55.54 | – | – | – | 26.5% | – | 0.00% |
 Recode StudiosRECODE | 411 | 36.64 | – | – | – | 56.1% | – | 0.06% |
 Radix Industries (India)RADIXIND | 232 | 79.45 | 9.98 | −7.0% | +7.6% | 13.3% | 13.9% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Honasa Consumer dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹3.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 28 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹3.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Honasa Consumer announcements
Oct 2026
23 Oct · Updates
6 Oct · Updates
Sep 2026
28 Sep · Meeting
Honasa Consumer share price by year
Each calendar year to 2025.Honasa Consumer share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 286.25 | +12.2% | 329.25 | 200.89 |
| 2024 | 255.20 | −42.1% | 541.75 | 224.75 |
| 2023 | 440.80 | – | 475.10 | 302.10 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 7 Nov 2023.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 443.65 | 456.75 | 442.15 | 451.90 | 451.79 | 4,75,127 | 57.0% |
| 26 Oct 2026 | 423.00 | 449.35 | 415.30 | 443.65 | 437.81 | 10,14,879 | 40.4% |
| 23 Oct 2026 | 438.40 | 439.85 | 423.00 | 431.80 | 429.54 | 9,56,002 | 51.5% |
| 22 Oct 2026 | 437.45 | 447.65 | 433.60 | 442.40 | 442.19 | 7,61,179 | 60.9% |
| 21 Oct 2026 | 444.05 | 446.50 | 435.55 | 441.15 | 440.24 | 3,67,332 | 48.2% |
| 19 Oct 2026 | 447.55 | 451.60 | 433.60 | 441.40 | 439.07 | 9,26,253 | 53.8% |
| 16 Oct 2026 | 452.90 | 458.00 | 449.25 | 452.25 | 453.14 | 3,37,751 | 39.2% |
| 15 Oct 2026 | 458.00 | 461.55 | 445.10 | 447.90 | 449.91 | 6,59,414 | 48.3% |
| 14 Oct 2026 | 467.70 | 471.90 | 454.15 | 456.55 | 461.30 | 8,23,925 | 52.5% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- HONASA
- BSE code
- 544014
- ISIN
- INE0J5401028
- Industry
- Personal Products
- Website
- www.honasa.in
- CIN
- L74999DL2016PLC306016
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2016
- Registered office
- Unit No. 404, City Centre, 4th Floor, Plot No 05, Sector - 12, Dwarka- South West Delhi New, 110075
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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