Mamaearth

Women entrepreneurs face uphill task in startup world amid funding winter

Even as the entrepreneurial ecosystem continues to grow, the number of startups with at least one woman founder has been on the decline since at least 2020

Honasa Consumer, parent of Mamaearth jumps 8% on posting Q3; Buy or sell?

The company's consolidated profit rose slightly to Rs 26.04 as compared to Rs 25.9 crore a year ago

Stocks to Watch, Feb 13, 2025: Honasa, ITI, Godrej Ind, Muthoot Finance

Stocks to Watch on February 13, 2025: Investors will focus on Q3 results of Godrej Industries, ITI and others. They will also focus on stock specific development in Vi, ONGC, NTPC Green and others

Honasa Consumer Q3 results: Net profit rises marginally to Rs 26.02 cr

FMCG firm Honasa Consumer Ltd on Wednesday reported a marginal rise in its consolidated net profit to Rs 26.02 crore in the third quarter ended December 31, 2024. The company, which owns brands including Mamaearth, had posted a consolidated net profit of Rs 25.9 crore in the October-December quarter last fiscal, Honasa Consumer Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 517.51 crore compared to Rs 488.22 crore in the year-ago period, it added. Total expenses in the third quarter were higher at Rs 507.31 crore against Rs 464.46 crore in the same period a year ago, the company said. During the continued to strengthen its offline distribution through direct distributors in the top 50 cities, Varun Alagh, Honasa Consumer Ltd Chairman and CEO & Co-founder, said.

Honasa Consumer stock hits 10% upper circuit after co-founder ups stake

According to reports, promoter Varun Alagh increased his stake in the company to 31.93 per cent.

Honasa Consumer stock hits 10% lower limit; down 36% in 3 days post Q2 show

The stock hit a new low even as the company denied allegations claimed by AICPDF around the company's practices with its distributors and distribution transition.

Mamaearth parent loses $415 mn in value as Q2 loss fans demand worries

The sharp selloff was triggered after Honasa posted its first quarterly loss since listing in Nov. 2023 late on Thursday

Honasa Consumer stock tanks 20%, hits 52-week low on weak Q2 results

Mamaearth is growing slower than expectations and Honasa said the company is making identified structural changes to bring it back to its growth trajectory in a few quarters.

Mamaearth parent Honasa Consumer slips into red in Q2, revenue down 7%

The decline was attributed to the company's ongoing transition to a D2C model under "Project Neev", which has necessitated an inventory correction of Rs 63 crore

Market, consumers best teachers for biz growth: Mamaearth co-founder

Market and consumer insights are the best teachers to learn from to grow business, a philosophy which has guided Mamaearth's decisions, contributing significantly to its growth, its co-founder Varun Alagh said on Thursday. Alagh, co-founder and CEO of beauty and personal care brand Mamaearth, speaking at the 119th Annual Session of the PHD Chamber of Commerce and Industry (PHDCCI) here, stressed the significance of consumer feedback in shaping business strategies. "I think the market and the consumer are the best teachers. As long as you're listening, they keep telling and teaching you. There is no better teacher than them. And we have treated the market and consumer like that, which has been very helpful because they have guided a lot of our decisions and got us to where we are today," he said. Alagh further highlighted the transformative impact of e-commerce and digital marketing in India, noting that these platforms are crucial for expanding access to products across diverse inco

Mamaearth parent Honasa clarifies it has no assets in UAE, no attachment

Honasa Consumer Ltd, which owns Mamaearth, brand, on Saturday said there will be no attachment of its assets in the UAE as it has no assets there, although a court in Dubai has ordered such an action in its ongoing litigation with RSM General Trading LLC over termination of distributorship. The company, which also owns The Derma Co and Aqualogica brands, had on Friday said a court in Dubai has ordered attachment of its assets in the UAE but refused to cancel the trading licence of Honasa Consumer General Trading LLC. In a filing on Saturday, the company said,"... there shall be no attachment of the company assets, as the company has no assets located in the UAE." Honasa Consumer General Trading LLC, a subsidiary of Honasa Consumer Ltd has been exempted from this order, it added. RSM General Trading LLC (RSM) and Honasa Consumer Ltd (Honasa) had filed grievance statements against the precautionary attachment order passed by Court of Merits at Dubai, the UAE on June 6, 2024. The Dub

Peak XV Partners, other PE funds sell 7.94% in Mamaearth for Rs 1,276 cr

PN Gadgil Jewellers' IPO saw nearly 60 times more bids than shares on offer and attracted bids of more than Rs 48,100 crore

Peak XV Partners, 4 others sell stake worth Rs 1,601 cr in Honasa Consumer

Peak XV Partners (formerly Sequoia Capital India & SEA), and four others on Thursday divested a 10 per cent stake in Honasa Consumer, which owns Mamaearth brand, for Rs 1,601 crore through open market transactions, while ICICI Prudential Life Insurance and Morgan Stanley acquired stakes in the company. Peak XV Partners through its arm Peak XV Partners Investments VI, Fireside Ventures through its affiliate Fireside Ventures Investment Fund I, Sequoia Capital Global Growth Fund III-US/ India Annex Fund, Sofina and Stellaris Venture Partners India I sold more than 3.23 crore shares or 10 per cent stake in Honasa Consumer, as per the data. According to the bulk deal data available on the National Stock Exchange (NSE), Peak XV Partners sold over 1.23 crore shares or 3.81 per cent stake in Honasa Consumer and Fireside Ventures offloaded 65.83 lakh shares or 2.03 per cent stake in Gurugram-based company. In addition, Brussels-headquartered Sofina Ventures SA divested 60.15 lakh shares ..

Honasa Consumer down 6.1% after 2.06 mn shares change hands via block deals

Peak XV Partners, Sequoia Capital, Redwood Trust, Fireside Ventures, Stellaris Ventures, and Sofina Ventures were the likely sellers

Mamaearth's parent Honasa Consumer clocks all time high; here's why

Honasa Consumer got an order from NCLT regarding its scheme of amalgamation with Just4Kids Services and Fusion Cosmeceuticals

Quick commerce continues to be our fastest growing channel: Varun Alagh

He discussed the company's Q1 performance, festival season plans, challenges and future plans

Mamaearth parent net profit rises 62.7% to Rs 40.2 crore in Q1 FY25

In Q1 FY25, Honasa registered product business growth of 20.3 per cent, with underlying volume growth (UVG) of 25.2 per cent

Block deal: Mamaearth slides 5% after 6.6 mn shares change hands

Shares of Honasa Consumer, parent company of Mamaearth dropped by 4.8 per cent at Rs 435.05 per share on the BSE in Tuesday's early morning trades

Growing presence: D2C brands hitch a ride on the quick-commerce wagon

D2C brands growth in quick commerce has overtaken traditional e-commerce, and the channel is currently proving to be more profitable as well

Mamaearth parent acquires cosmetic formulation brand CosmoGenesis

Founded by Rohini Manoj in 2011, CosmoGenesis has until now facilitated over 5,000 cosmetic and personal care formulations for businesses in India using its fully-equipped, state-of-the-art laboratory