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Incorporated in 2016, Honasa Consumer Limited (HCL) provides beauty and personal care products through its digital platform.
Honasa Consumer has set a record date for its proposed final dividend of ₹3 per equity share for FY26. This dividend awaits shareholder approval at the upcoming Annual General Meeting.
A Dubai court awarded AED 1.71 million (~INR 4.43 Cr) to RSM against Honasa. Crucially, an Indian arbitration award legally requires RSM to pay Honasa any sum recovered from Dubai courts, leading to zero net financial impact for the company.
Honasa Consumer elevated Nilesh Kotalwar to Chief Marketing Officer. He will now lead integrated marketing to strengthen consumer connections, accelerate brand growth, and drive innovation across its portfolio. This strategic move leverages his expertise in digital commerce to bolster market leadership.
Honasa Consumer anticipates strong Q1 FY27 performance, expecting revenue growth around thirties (mid-twenties adjusted). Mamaearth sees high-teens growth, with younger brands growing in early forties. Offline channels remain a key driver, complemented by healthy online growth. Double-digit operating margins are expected from operating leverage.
Honasa Consumer secured a favorable order, revising its award in a legal dispute. The company is now due AED 9.92 million, approximately INR 25.54 Cr, plus indemnification against any related Dubai court decisions.