Honasa Consumer files FY26 BRSR report with stock exchanges

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Honasa Consumer filed its FY26 BRSR report disclosing standalone turnover of ₹2,305.4 crore
  • Permanent employee turnover declined to 37.55% from 48.47% in the prior year
  • Scope 1 emissions fell 56.2% to 34.70 tonnes despite energy use rising 15.5%
  • Consumer complaints accounted for just 0.007% of products sold
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Honasa Consumer Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the National Stock Exchange of India Limited and BSE Limited.

The filing, signed by Company Secretary Gaurav Pandit on September 3, 2026, discloses standalone sustainability metrics across environmental, social, and governance parameters as mandated under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial and Operational Overview

The report confirms the company’s standalone turnover for FY26 at ₹2,30,54,11,85,41 and net worth at ₹1,39,61,00,31,66. The entity reported paid-up capital of ₹3,25,36,97,940 as on March 31, 2026. Business activities are split between wholesale trading with B2B and offline partners (45.24% of turnover) and retail trading through online platforms (54.76%).

Metric FY26 Value
Standalone Turnover ₹2,30,54,11,85,41
Net Worth ₹1,39,61,00,31,66
Paid-up Capital ₹3,25,36,97,940

Exports contributed 2.8% to total standalone turnover, with the company serving markets in 31 countries internationally alongside its pan-India domestic presence.

Employee and Social Metrics

Honasa employed 3,453 individuals as of the fiscal year-end, comprising 936 permanent employees and 2,517 non-permanent staff. Women constitute 52.92% of the total workforce. The permanent employee turnover rate stood at 37.55% for FY26, down from 48.47% in FY25.

The company reported 9,127 consumer complaints during FY26, representing approximately 0.007% of total products sold, compared to 0.009% in the prior year. All complaints were resolved by year-end. No fatalities or high-consequence work-related injuries were recorded.

Environmental Disclosures

Total energy consumption rose to 5,654.12 Giga Joules in FY26 from 4,896.36 Giga Joules in FY25, entirely sourced from non-renewable electricity. Scope 1 greenhouse gas emissions fell significantly to 34.70 metric tonnes of CO2 equivalent from 79.20 in the previous year, while Scope 2 emissions increased to 1,115.12 metric tonnes.

The company reported total waste generation of 163 metric tonnes, classified as non-hazardous office waste. Water withdrawal remained constant at 430 kilolitres from third-party sources, with consumption dropping to 86 kilolitres.

What the Numbers Show

The divergence between rising energy consumption (+15.5%) and falling Scope 1 emissions (-56.2%) suggests improved efficiency in direct operational processes or a shift in energy mix intensity, despite higher overall power usage. Meanwhile, the reduction in permanent employee turnover from nearly 48% to 37.5% indicates stabilizing retention trends among core staff.

Historical Stock Returns for Mamaearth

1 Day5 Days1 Month6 Months1 Year5 Years
+1.51%+0.33%+6.12%+62.95%+60.49%0.0%

How does Honasa plan to address the 15.5% increase in energy consumption while maintaining its downward trend in Scope 1 emissions, given that all electricity is currently sourced from non-renewable providers?

With exports contributing only 2.8% of turnover, what specific strategies is Honasa pursuing to accelerate international growth and mitigate reliance on the domestic Indian market?

Given that 54.76% of turnover comes from online retail, how might evolving digital advertising regulations or platform commission changes impact Honasa's future profit margins and customer acquisition costs?

Honasa Consumer schedules 10th AGM for September 28, proposes dividend

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Honasa Consumer Limited scheduled its 10th AGM for September 28, 2026
  • Board recommended a final dividend of ₹3 per equity share for FY26
  • Agenda includes re-appointment of Varun Alagh and Subramaniam Somasundaram
  • Shareholders to approve non-executive director commission up to 1% of net profits
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Honasa Consumer Limited has scheduled its 10th Annual General Meeting for Monday, September 28, 2026. The meeting will be conducted via video conference to transact ordinary and special business items.

Key Agenda Items

The Board of Directors recommended a final dividend of ₹3 per equity share for the financial year ended March 31, 2026. This payout represents 30% on the face value of ₹10 per share. Shareholders whose names appear in the register of members as on Friday, August 28, 2026, will be eligible for the dividend.

The meeting will also address the re-appointment of Mr. Varun Alagh as a director upon his retirement by rotation. Additionally, shareholders will vote on the re-appointment of Mr. Subramaniam Somasundaram as an Independent Director for a second five-year term, effective from February 11, 2027.

Governance and Remuneration

Members will consider a special resolution to approve fees and compensation payable by way of commission to Non-Executive Directors, including Independent Directors. The proposed framework allows for payments up to 1% of the net profits of the company per annum, starting from the financial year 2027-28. This limit is calculated in accordance with Section 198 of the Companies Act, 2013.

The company disclosed remuneration details for Non-Executive Directors over the preceding three financial years:

Director Name FY24 Sitting Fees FY24 Commission FY24 Total FY25 Sitting Fees FY25 Commission FY25 Total FY26 Sitting Fees FY26 Commission FY26 Total
Subramaniam Somasundaram ₹1.60 million ₹1.40 million ₹3.00 million ₹1.30 million ₹1.70 million ₹3.00 million ₹1.60 million ₹1.40 million ₹3.00 million
Vivek Gambhir ₹2.30 million - ₹2.30 million ₹1.20 million ₹1.00 million ₹2.20 million ₹1.40 million ₹0.80 million ₹2.20 million
Namita Gupta ₹1.60 million ₹0.60 million ₹2.20 million ₹0.80 million ₹1.40 million ₹2.20 million ₹1.00 million ₹1.20 million ₹2.20 million

Note: Figures are in millions of rupees. Mr. Ishaan Mittal did not draw remuneration during this period.

Meeting Logistics

Remote e-voting will commence on Thursday, September 24, 2026, at 9:00 am and conclude on Sunday, September 27, 2026, at 5:00 pm. The cut-off date for eligibility to attend or vote is Monday, September 21, 2026. Members holding shares in demat mode can cast votes through their depository participant interfaces or directly via the CDSL e-voting platform.

Historical Stock Returns for Mamaearth

1 Day5 Days1 Month6 Months1 Year5 Years
+1.51%+0.33%+6.12%+62.95%+60.49%0.0%

How might the proposed increase in director commission limits to 1% of net profits impact Honasa's future payout ratios and shareholder returns?

What strategic initiatives is Honasa Consumer planning for FY27-28 that justify the re-appointment of key directors and the new remuneration framework?

Will the continued reliance on video conference AGMs influence investor engagement levels or voting participation rates for Honasa in upcoming years?

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