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Tag: MamaEarth

  • Honasa Welcomes Yatish Bhargava from Flipkart as Chief Business Officer

    Honasa Welcomes Yatish Bhargava from Flipkart as Chief Business Officer


    Honasa Consumer Limited Appoints Yatish Bhargava as Chief Business Officer

    Honasa Consumer Limited, the parent company of Mamaearth, has appointed Yatish Bhargava as the Chief Business Officer effective immediately. This position had been unoccupied since February 28, following the resignation of Zairus Master, who departed from the Gurugram-based company for personal reasons.

    In addition to his new role, Bhargava will be regarded as a Senior Management Personnel, as stated in a recent stock exchange announcement.

    With over 17 years of expertise in P&L management and overseeing large teams across various sectors including general trade, modern trade, and e-commerce, Bhargava is set to make a significant impact. Before joining Honasa, he held prominent leadership positions at Flipkart and Hindustan Unilever Limited.

    Recent Executive Changes at Honasa

    In recent developments, Honasa has promoted Karan Bajwa, who previously served as Senior Vice President of Human Resources, to the role of Chief Human Resources Officer (CHRO). Additionally, Avinash Dhagat, who was formerly the Senior Vice President of Supply Chain, has been appointed as Chief Supply Chain Officer (CSCO).

    Mamaearth’s Financial Performance

    These appointments come on the heels of Mamaearth’s Q4 financial results. The company reported a 13% year-on-year increase in revenue from operations, reaching Rs 533 crore, up from Rs 471 crore in Q4 FY24. The profit after tax for Q4 FY25 was Rs 25 crore, a slight decline from Rs 30 crore in Q4 FY24.

  • Mamaearth’s Parent Company Honasa Reports Rs 533 Crore Revenue in Q4 FY25; Sees 17% Dip in Profit

    Mamaearth’s Parent Company Honasa Reports Rs 533 Crore Revenue in Q4 FY25; Sees 17% Dip in Profit


    Mamaearth Financial Results for Q4 FY25

    Honasa Consumer Limited, the parent company of the personal care brand Mamaearth, has released its financial results for the fourth quarter of the previous fiscal year (Q4 FY25) on Thursday. This Gurugram-based company reported a 13% improvement in scale, although its profits year-on-year (YoY) fell by 17% during the same timeframe.

    Mamaearth’s revenue from operations rose by 13% YoY to Rs 533 crore in Q4 FY25, up from Rs 471 crore in Q4 FY24, as per the consolidated financial statements obtained from the National Stock Exchange (NSE).

    For the entire fiscal year (FY25), Mamaearth’s operating revenue grew by 8% to Rs 2,067 crore in FY25, compared to Rs 1,920 crore in FY24.

    The company has not provided a detailed revenue breakdown for the last quarter or FY25. Additionally, it generated Rs 20 crore from non-operating activities, bringing the total revenue to Rs 554 crore in Q4 FY25. For the full fiscal year (FY25), total income was reported at Rs 2,146 crore.

    In terms of costs, the procurement of products for the D2C brand constituted 30% of total expenditures. This cost grew by 11% to Rs 156 crore in Q4 FY25, from Rs 141 crore in Q4 FY24.

    The increase in the company’s spending on employee benefits, marketing, legal expenses, rent, and other overheads contributed to a 16% rise in total expenditure, which reached Rs 522 crore in Q4 FY25, up from Rs 451 crore in Q4 FY24. For the fiscal year ending March 2025, total costs escalated to Rs 2,056 crore.

    Ultimately, the company reported a profit after tax of Rs 25 crore for Q4 FY25, reflecting a 17% decline from Rs 30 crore in Q4 FY24. On an annual basis, profit decreased to Rs 73 crore in FY25, in contrast to Rs 110 crore in FY24.

    Recently, the company appointed Karan Bajwa and Avinash Dhagat to CXO roles, following the departure of Anuja Mishra (CMO).

    Mamaearth’s parent company saw its shares trading at Rs 275 at the end of the day, with a total market capitalisation of Rs 8,944 crore ($1.04 billion).

  • Honasa, Parent Company of Mamaearth, Reports ₹533 Cr Revenue in Q4 FY25 Amid 17% Profit Decline

    Honasa, Parent Company of Mamaearth, Reports ₹533 Cr Revenue in Q4 FY25 Amid 17% Profit Decline


    Mamaearth Reports Financial Results for Q4 FY25

    Honasa Consumer Limited, known for the personal care brand Mamaearth, has shared its financial performance for the fourth quarter of the last fiscal year (Q4 FY25) on Thursday. The company, based in Gurugram, experienced a 13% growth in scale. However, its year-on-year (YoY) profits saw a decline of 17% during this period.

    According to the consolidated financial statements obtained from the National Stock Exchange (NSE), Mamaearth’s revenue from operations grew by 13% YoY, reaching Rs 533 crore in Q4 FY25 compared to Rs 471 crore in Q4 FY24. For the complete fiscal year (FY25), Mamaearth recorded an 8% rise in operating revenue, attaining Rs 2,067 crore, up from Rs 1,920 crore in FY24.

    The company did not outline its revenue distribution for the last quarter or for FY25. Additionally, Mamaearth added Rs 20 crore from non-operational activities, bringing its total revenue to Rs 554 crore in Q4 FY25. For the fiscal year FY25, the total income was recorded at Rs 2,146 crore.

    For the direct-to-consumer (D2C) brand, product procurement costs constituted 30% of total expenses, which surged by 11% to Rs 156 crore in Q4 FY25 from Rs 141 crore in Q4 FY24.

    The rise in employee benefits, marketing, legal, rent, and other overheads led to a 16% year-on-year increase in total expenses, amounting to Rs 522 crore in Q4 FY25, compared to Rs 451 crore in Q4 FY24. For the fiscal year that concluded in March 2025, total expenses escalated to Rs 2,056 crore.

    Ultimately, the company reported a profit after tax of Rs 25 crore in Q4 FY25, reflecting a 17% decline from Rs 30 crore in Q4 FY24. On a fiscal level, the profit dropped to Rs 73 crore in FY25 from Rs 110 crore in FY24.

    Recently, the company has promoted Karan Bajwa and Avinash Dhagat to CXO positions, following the departure of Anuja Mishra (CMO).

    The shares of Mamaearth’s parent company were traded at Rs 275 at the close of the day, with a total market capitalisation of Rs 8,944 crore ($1.04 billion).

  • Mamaearth’s Parent Company Promotes Karan Bajwa and Avinash Dhagat to Key CXO Positions

    Mamaearth’s Parent Company Promotes Karan Bajwa and Avinash Dhagat to Key CXO Positions



    Honasa Consumer Limited Leadership Promotions



    Honasa Consumer Limited Leadership Promotions

    Honasa Consumer Limited, the parent company behind personal care brand Mamaearth, has made significant strides in its leadership team with the promotion of two senior executives, effective April 24. Karan Bajwa has transitioned from Senior Vice President – Human Resources to the role of Chief Human Resources Officer (CHRO). At the same time, Avinash Dhagat has been elevated from Senior Vice President – Supply Chain to Chief Supply Chain Officer (CSCO).

    With these advancements, both Bajwa and Dhagat have now acquired status as senior management personnel within the company.

    Bajwa joined Honasa in April 2021, bringing with him a wealth of experience from notable firms like Airtel and Reckitt. Similarly, Dhagat, who has also been part of Honasa since April 2021, has held several prominent positions at L’Oréal, Supermax, and Ashok Leyland.

    This leadership change follows the recent resignation of Anuja Mishra from her role as Chief Marketing Officer (CMO) at Honasa. As indicated in a circular issued by Honasa earlier this month, Varun Alagh, the CEO and whole-time director, will temporarily take on the duties of CMO.

    In Q3 FY25, Mamaearth marked its return to profitability, reporting a profit after tax of Rs 26 crore alongside a 5.9% year-on-year revenue growth, rising to Rs 517 crore compared to Rs 488 crore in Q3 FY24.

    Currently, as of 1:30 PM, Honasa Consumer Limited is trading at Rs 238 per share, boasting a total market capitalisation of Rs 7,758 crore, which is approximately $900 million.


  • Honasa, the parent company of Mamaearth, Achieves Profitability in Q3 FY25

    Honasa, the parent company of Mamaearth, Achieves Profitability in Q3 FY25


    Honasa Shows Revenue Growth in Q3 FY25

    Honasa, the parent company of Mamearth, saw a positive shift with its revenue reaching Rs 517 crore for Q3 FY25, following a modest dip in Q2 FY25. During this quarter, the company also returned to profitability.

    The latest consolidated financial statements, released through the National Stock Exchange (NSE), indicate that Mamearth’s revenue from operations rose by 5.9% year-on-year, from Rs 488 crore in Q3 FY24 to Rs 517 crore in Q3 FY25.

    Revenue Generation Sources for Honasa

    Honasa’s revenue is primarily derived from the sale of beauty, personal care, and related products, which includes categories like skin care, hair care, and baby care. Additionally, the company reported an extra Rs 19.2 crore from non-operating activities, bringing its total revenue to Rs 536.7 crore for the quarter.

    Expenditure Analysis

    For the direct-to-consumer (D2C) brand, procurement costs comprised 27.8% of the total expenses. These costs rose by 16.5% to Rs 141 crore in Q3 FY25, up from Rs 121 crore in Q3 FY24.

    Employee benefits, alongside expenses for marketing, legal, rent, and other overheads, contributed to an overall expenditure increase of 9.3% year-on-year, resulting in total costs of Rs 507 crore in Q3 FY25, compared to Rs 464 crore the previous year.

    Profitability Insights

    In terms of profits, the company reported Rs 26 crore for Q3 FY25, consistent with the figures from Q3 FY24. This marked a significant recovery from Q2 FY25, where Honasa recorded a loss of Rs 24.3 crore. It’s also worth noting that Q1 FY25 delivered record-high profits of Rs 40 crore.

    Current Market Performance

    At the close of trading, the company’s share price was Rs 205.78, with a total market capitalization of Rs 6,684 crore (approximately $795 million). On this day, Honasa Consumer also reached its 52-week low price.

  • Eternal Capital Supports Dressfolk with Mamaearth’s Ghazal Alagh at the Helm

    Eternal Capital Supports Dressfolk with Mamaearth’s Ghazal Alagh at the Helm

    Funding Update: Dressfolk Secures Investment for Expansion

    Dressfolk, a brand dedicated to handloom clothing, has successfully secured a new round of funding, the details of which remain undisclosed. This round was led by Eternal Capital and included contributions from notable D2C entrepreneurs such as Ghazal Alagh, the founder of Mamaearth, and Dhruv Koli, the founder of Boba Bhai. Additional support came from Nobody Ventures and Eagle Wings Ventures.

    The funding round also saw participation from 3 Peaks Ventures, alongside existing investors including All In Capital, Sidhant Keshwani, associated with Libas, and Vidur Kataria of Master Chow.

    The funds raised are intended to assist the brand in rapidly diversifying its offerings beyond sarees, aiming to develop a wider range of contemporary Indian apparel.

    Previous Funding and Brand Background

    In early October 2023, Dressfolk closed a seed funding round of Rs 3.3 crore, which was led by All-In Capital along with other investors.

    Founded in 2017 by Nitin Mehrotra, Dressfolk is committed to empowering local artisans and promoting sustainable fashion. The brand has witnessed impressive growth, with a remarkable 200% increase in FY24. It boasts an Average Order Value (AOV) exceeding Rs 7,000.

    Artisan Collaboration and Distribution Expansion

    Currently, Dressfolk partners with a vast network comprising more than 800 weavers and 120 artisans across six states in India. In addition to its own website, the brand has enhanced its distribution through major marketplaces like Aza Fashions, Nykaa, and Myntra, while also organising pop-up events throughout the country.

  • Varun Alagh’s Bold IPO Triumph: Securing 160,000 Shares of Mamearth in a Game-Changing Move!

    Varun Alagh, the co-founder and CEO of Honasa consumer Limited, which operates under the mamaearth brand, has recently increased his investment in the company by purchasing an additional 160,000 shares. This strategic move underscores his confidence in Mamaearth’s potential for growth and aligns with Honasa’s goal to enhance its market presence despite ongoing challenges related to stock performance.

    As of September 30th, Alagh held approximately 10.355 crore equity shares in Mamaearth; though, recent updates from StartupSuperb reveal that this number has now risen to around 10.371 crore shares.

    According to a report from Fintrackr, alagh’s latest acquisition of shares is valued at roughly ₹4.26 crore. As a result,his total investment in Mamaearth is estimated at about ₹2,722 crore (approximately $324 million) as of December 3rd.

    On December 3rd, Mamaearth’s stock was trading at ₹262.45 with a total market capitalization reaching ₹8,525 crore (around $1 billion). The stock has experienced considerable fluctuations over the past three months; it peaked at ₹547 in September before dropping to a low of ₹222.5 in November.

    In its second quarter for this fiscal year, the Gurugram-based firm reported a revenue decline of 9.3%, generating earnings of ₹417 crore compared to ₹460 crore during Q2 FY24.