Honasa Consumer
Mamaearth's parent company Honasa Consumer has performed brilliantly in the March quarter. After the company's strong results and announcement of dividend for the first time, there was a tremendous rise in the company's shares on Friday. The stock jumped 10.5% to a new 52-week high of Rs 397.65 on BSE. Investors responded positively to the company's profits and growth.
Big jump of 177% in profits
Honasa Consumer reported a consolidated net profit of Rs 69 crore in the fourth quarter of FY 2025-26. The company's profit in the same quarter last year was Rs 25 crore. In this way the company's profit has increased by 177% on an annual basis.
The company's income also registered a strong increase. Revenue from operations increased by 23% to Rs 657 crore in the March quarter, compared to Rs 533 crore last year. At the same time, EBITDA increased to a record Rs 77 crore, which is 185% more than last year. EBITDA margin also increased to 11.7%.
Dividend will be available for the first time
The company's board has recommended final dividend for the first time. Honasa Consumer has proposed to pay a dividend of Rs 3 per share. However, for this, approval of the shareholders will be required. The company says that this accounts for about 51% of the standalone PAT of FY26.
Great performance throughout the year
The company's performance remained very strong in the entire financial year 2025-26. The company's net profit for the year was Rs 200.2 crore, which is 176% more than Rs 72.7 crore in the last financial year. The total annual income of the company was Rs 2,391.9 crore, in which an increase of about 16% was recorded.
Management expressed confidence
The company's CEO and co-founder Varun Alagh said that FY26 was a year of strong growth and business stabilization for the company. He told that the company paid special attention to its focus products, offline distribution, content and innovation.
He said that the company's new brands have also registered a growth of more than 40%. Whereas Reginald Men brand achieved ARR of more than Rs 100 crore in the first quarter itself.
Brokerage gave buy rating
Brokerage firm JM Financial has maintained Buy rating on Honasa Consumer and has kept the target price of the share at Rs 420. The brokerage believes that the company's growth may remain strong going forward and margins will continue to improve.
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