Honasa Consumer Limited - trading in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN L74999DL2016PLC306016 Incorporated 16 September 2016 ROC Delhi HQ New Delhi, Delhi, India
Active Listed Public Limited Company trading
Data last updated
Market Cap
₹15,419 Cr
HONASA · NSE
Share Price
₹465.50
-1.58% today
Revenue
₹2,392 Cr
FY 2025-26 · +8.1% YoY
EBITDA
₹231 Cr
Margin 9.7%
Net Profit
₹204 Cr
FY 2025-26 · +180.2% YoY
P/E (TTM)
62.6x
P/B 11.2x

About Honasa Consumer Limited

Data last updated: 26 September 2026

Honasa Consumer Limited is a public limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It specialises in wholesale distribution, a part of the broader trading and commerce sector. Incorporated on 16 September 2016, the company has been in operation for over 10 years.

Registered with ROC Delhi under CIN L74999DL2016PLC306016. Listed.

Capital: an authorised share capital of ₹342.28 Cr and a paid-up capital of ₹326.02 Cr. It is led by directors including Varun Alagh and Ghazal Alagh.

Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Unit No – 404 4Th Floor City Centre Plot No 05 Sector – 12 Dwarka, New Delhi, Delhi, India – 110075.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,391.94 Cr, a growth of 15.72% compared to the previous year. The net worth stands at ₹1,411.85 Cr (up 19.67% YoY). Total assets are valued at ₹1,559.02 Cr (up 17.48% YoY).

The company has a workforce of approximately 864 employees as per the latest available data.

The company is associated with 6 brands, including Aqualogica, Ayuga, Yoto Box, The Derma Co, Mamaearth among others. As per MCA filings, the company has open charges of ₹59.88 Cr and satisfied charges of ₹18.03 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mamaearth.in.

Company Details of Honasa Consumer Limited
CIN L74999DL2016PLC306016
Registration Number 306016
Incorporation Date 16 September 2016
ROC Delhi
Listing Status Listed
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Apps
  • Registered Address
    Unit No – 404 4Th Floor City Centre Plot No 05 Sector – 12 Dwarka, New Delhi, Delhi, India – 110075
  • Industry
    Trading, Other Wholesale, Wholesale, Retail Trading, Retailers
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Financials, compliance, directors, charges, ownership and filings for Honasa Consumer Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Honasa Consumer Limited

Honasa Consumer Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999DL2016PLC306016, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L74999DL2016PLC306016 Current
U74999DL2016PTC306016 Previous
U74999DL2016PLC306016 Previous

Associated Brands with Honasa Consumer Limited

Honasa Consumer Limited operates multiple associated brands including Aqualogica, Ayuga, and Yoto Box. These brands represent Honasa Consumer Limited's diversified market presence and brand portfolio.

Brand Description Website
Operates a direct-to-consumer brand offering high-quality skincare products. aqualogica.in
Offers natural skincare formulations with Kashmiri saffron for skin health. ayuga.in
Operates an e-commerce store specializing in beauty and personal care products. yotobox.in
A brand specializing in skin care products. thedermaco.com
Online brand offering multi-category natural skin care and makeup products mamaearth.in
Online beauty brand offering multi-category products honasa.in

Competitors & Alternatives of Honasa Consumer Limited

Brands and companies operating in the same space as Honasa Consumer Limited include Smytten, Foxtale, WOW Skin Science and 7 more.

Competitor Description Location Founded
Smytten Smytten Multi-category product samples are provided via an online discovery platform. Bengaluru, India, India 2015
Foxtale Foxtale Online brand of skincare, face, lip, body care, and perfume products Mumbai, India, India 2021
WOW Skin Science WOW Skin Science Organic beauty products are offered by an internet-first brand. Bengaluru, India, India 2014
World of Asaya World of Asaya Skincare products tailored for darker skin tones are offered online. Bengaluru, India, India 2021
Brillare Brillare Multi-category natural beauty products are offered online by Brillare. Ahmedabad, India, India 2009
Dot & Key Dot & Key Internet-first brand of natural skincare products Kolkata, India, India 2018
Soulflower Soulflower Organic beauty products are offered online by Soulflower. Mumbai, India, India 2001
Juicy Chemistry Juicy Chemistry Natural skin and hair care products are sold online. Coimbatore, India, India 2014
Conscious Chemist Conscious Chemist Skin care products are offered via an internet-first brand. Gurugram, India, India 2019
WishCare WishCare Skincare and haircare products are sold online by WishCare. Kolkata, India, India 2019

Business Activity of Honasa Consumer Limited

Honasa Consumer Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading, retail trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
G Trade G2 Retail Trading Locked
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Business activity turnover details for Honasa Consumer Limited

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Board of Directors and KMP of Honasa Consumer Limited

Honasa Consumer Limited currently reports 6 directors and 1 key managerial person. 2 former directors have served the organization.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Varun Alagh Whole-Time Director 16 Sep 2016 10 Years 0 Months Current
Ghazal Alagh Whole-Time Director 16 Sep 2016 10 Years 0 Months Current
Ishaan Mittal Nominee Director 03 Jan 2020 6 Years 8 Months Current
Namita Gupta Director 08 Jun 2022 4 Years 3 Months Current
Raman Preet Sohi Cfo 26 Jul 2022 4 Years 2 Months Current
Vivek Gambhir Director 24 Mar 2021 5 Years 6 Months Current
Showing 6 of 7 current directors and KMP. View all directors and KMP

Financials of Honasa Consumer Limited FY 2025-26 filings available

Honasa Consumer Limited reported revenue of ₹2,391.94 Cr (up 15.72% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,392 Cr
+15.7% YoY
EBITDA
₹231 Cr
+237.4% YoY
Profit After Tax
₹204 Cr
+180.2% YoY
Net Worth
₹1,412 Cr
+19.7% YoY
Total Assets
₹1,559 Cr
+17.5% YoY
Total Debt
₹135 Cr
-0.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue2,3922,0671,9201,493943460
Revenue growth+8.1%+12.1%+9.7%+74.3%-48.1%+9997.0%
EBITDA23168.53137(132)11.47(1,334)
EBITDA margin+9.7%+3.3%+7.1%-8.8%+1.2%-290.0%
Profit before tax25789.60147(141)22.44(1,325)
Net profit20472.6711329.0815.74(1,332)
Net profit margin+8.5%+3.5%+5.9%+2.0%+1.7%-289.6%
EPS (₹)6.122.243.45(10.47)12,088.46(9,51,582.14)
Balance sheet
Total assets1,5591,3271,234704829208
Net worth1,4121,1801,095606706(1,765)
Total debt13513613192.1959.631,954
Cash & bank21433148668.0687.6920.75
Net working capital17324444111065.7818.09
Cash flow
Cash from operations141102235(51.55)44.5929.73
Cash from investing(17.06)(145)(470)39.87(505)(20.61)
Cash from financing(38.03)(31.11)337(14.06)481(1.28)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue756657602538595534518462
Revenue growth (YoY)+27.0%+23.2%+16.2%+16.5%+7.4%+13.3%+6.0%-6.9%
Other income22.5718.8820.6820.1423.8920.7819.2220.02
EBITDA11077.0860.6847.6445.8026.9926.13(30.70)
EBITDA margin+14.6%+11.7%+10.1%+8.9%+7.7%+5.1%+5.0%-6.6%
Depreciation10.5010.8011.0411.7410.8212.4212.6110.56
Interest3.023.333.233.303.283.173.323.13
Profit before tax11981.8367.0952.7455.5932.1829.42(24.37)
Tax28.8012.4016.8813.5214.277.193.39(5.80)
Net profit90.4569.4350.2139.2241.3224.9926.03(18.57)
EPS (₹)2.762.121.541.201.260.770.79(0.57)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,3052,0621,9121,495932460110
Revenue growth+4.4%+12.7%+11.1%+75.0%-48.9%+231.3%+2442.3%
EBITDA20953.81130(108)15.62(1,334)(432)
EBITDA margin+9.1%+2.6%+6.8%-7.2%+1.7%-290.0%-393.3%
Profit before tax24584.13158(107)27.80(1,325)(428)
Net profit19564.0712148.0019.87(1,332)(428)
Net profit margin+8.4%+3.1%+6.3%+3.2%+2.1%-289.6%-389.9%
EPS (₹)5.841.973.73(8.84)15,283.08(10,24,780.77)(3,29,250.77)
Balance sheet
Total assets1,5151,2931,241705762210156
Net worth1,3961,1731,124627712189156
Total debt10911011073.4544.0620.330.38
Cash & bank19031848053.4278.5220.7526.42
Net working capital16523444310254.6719.8330.59
Cash flow
Cash from operations11990.34218(22.90)52.0329.73(10.36)
Cash from investing(13.05)(145)(459)2.96(518)(20.61)(117)
Cash from financing(29.60)(24.23)344(6.63)481(1.28)129
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue696608587527584523505417
Revenue growth (YoY)+19.3%+16.3%+16.4%+26.2%+7.4%+22.3%+12.0%-9.3%
Other income21.9217.7619.5719.9523.3820.3318.8219.48
Total expenses597539532483542499483447
EBITDA99.7168.1755.8343.5341.5223.9121.64(29.55)
EBITDA margin+14.3%+11.2%+9.5%+8.3%+7.1%+4.6%+4.3%-7.1%
Depreciation7.978.268.539.308.399.7510.118.35
Interest2.422.542.582.712.692.632.672.66
Profit before tax11175.1364.2951.4753.8231.8627.68(21.08)
Tax26.9310.6516.1913.1213.927.252.98(6.16)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Sep 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue756657602538595534518462
Revenue growth (YoY)+27.0%+23.2%+16.2%+16.5%+7.4%+13.3%+6.0%-6.9%
Other income22.5718.8820.6820.1423.8920.7819.2220.02
EBITDA11077.0860.6847.6445.8026.9926.13(30.70)
EBITDA margin+14.6%+11.7%+10.1%+8.9%+7.7%+5.1%+5.0%-6.6%
Depreciation10.5010.8011.0411.7410.8212.4212.6110.56
Interest3.023.333.233.303.283.173.323.13
Profit before tax11981.8367.0952.7455.5932.1829.42(24.37)
Tax28.8012.4016.8813.5214.277.193.39(5.80)
Net profit90.4569.4350.2139.2241.3224.9926.03(18.57)
EPS (₹)2.762.121.541.201.260.770.79(0.57)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue2,3922,0671,9201,493943460
Revenue growth+8.1%+12.1%+9.7%+74.3%-48.1%+9997.0%
Other income83.5878.7349.7022.5220.8812.11
Total expenses2,1611,9981,7831,6259321,794
Employee cost0.0020017116578.8527.76
EBITDA23168.53137(132)11.47(1,334)
EBITDA margin+9.7%+3.3%+7.1%-8.8%+1.2%-290.0%
Depreciation44.4045.0130.6224.966.901.71
Interest13.1412.659.046.663.010.98
Profit before tax25789.60147(141)22.44(1,325)
Tax57.0716.9336.609.938.007.61
Net profit20472.6711329.0815.74(1,332)
Net profit margin+8.5%+3.5%+5.9%+2.0%+1.7%-289.6%
EPS (₹)6.122.243.45(10.47)12,088.46(9,51,582.14)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital3253253241,9291,7930.03
Reserves & surplus1,086855771(1,323)(1,087)(1,765)
Shareholders' funds (net worth)1,4121,1801,095606706(1,765)
Minority interest0.000.000.000.000.000.00
Secured loans0.000.000.000.000.000.00
Unsecured loans13513613192.1959.631,954
Total debt13513613192.1959.631,954
Total liabilities1,5591,3271,234704829208
Assets
Gross block63741537130535022.80
Net block48930229925234221.09
Capital work in progress0.000.080.460.001.880.00
Investments272305292260339164
Inventories17917613212167.1441.35
Sundry debtors19813215913172.7933.84
Cash & bank balances21433148668.0687.6920.75
Loans & advances13084.8768.7070.7537.2114.97
Total current assets721725846390265111
Total current liabilities54848140528119992.82
Net working capital17324444111065.7818.09
Total assets1,5591,3271,234704829208
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash32.971074.6530.399.761.92
Net cash from operating activities141102235(51.55)44.5929.73
Net cash from investing activities(17.06)(145)(470)39.87(505)(20.61)
Net cash from financing activities(38.03)(31.11)337(14.06)481(1.28)
Net change in cash86.26(74.05)102(25.74)20.637.84
Closing cash21433148668.0687.6920.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+15.7%+7.7%+28.6%+58.2%+105.1%+9997.0%
EBITDA growth+237.4%-50.0%+9998.0%-+9998.0%+9997.0%
PBT growth+187.1%-39.1%+9998.0%-+9998.0%+9997.0%
Net income growth+180.2%-35.5%+287.2%+84.8%+9998.0%+9997.0%
Revenue CAGR (3Y)+17.0%+29.9%+61.0%---
EBITDA CAGR (3Y)-+81.5%----
Profitability & leverage
Net income margin+8.4%+3.5%+5.8%-10.1%+1.5%-289.6%
Return on capital employed-+8.0%+16.1%0.0%+1.8%0.0%
Return on net worth-+6.4%-240.9%0.0%-2.6%0.0%
Debt / equity-0.120.130.120.000.00
Long-term debt / equity-0.100.110.090.000.00
Interest cover7.0353.788.49-4.2565.86-0.07
Efficiency & per share
Fixed asset turnover-5.265.684.565.0620.18
Inventory turnover-13.4015.1715.8817.3911.12
Debtors turnover-14.1713.2314.6717.7013.59
EPS (₹)6.122.243.45(10.47)12,088.46(9,51,582.14)
Dividend per share (₹)3.000.000.000.000.000.00
Book value per share (₹)0.0036.2833.78(87.07)(8,36,393.85)(12,60,824.29)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue696608587527584523505417
Revenue growth (YoY)+19.3%+16.3%+16.4%+26.2%+7.4%+22.3%+12.0%-9.3%
Other income21.9217.7619.5719.9523.3820.3318.8219.48
Total expenses597539532483542499483447
EBITDA99.7168.1755.8343.5341.5223.9121.64(29.55)
EBITDA margin+14.3%+11.2%+9.5%+8.3%+7.1%+4.6%+4.3%-7.1%
Depreciation7.978.268.539.308.399.7510.118.35
Interest2.422.542.582.712.692.632.672.66
Profit before tax11175.1364.2951.4753.8231.8627.68(21.08)
Tax26.9310.6516.1913.1213.927.252.98(6.16)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,3052,0621,9121,495932460110
Revenue growth+4.4%+12.7%+11.1%+75.0%-48.9%+231.3%+2442.3%
Other income80.6676.3758.3420.4420.6812.114.38
Total expenses2,0962,0081,7821,6039161,794542
Employee cost0.0018115812572.0327.768.90
EBITDA20953.81130(108)15.62(1,334)(432)
EBITDA margin+9.1%+2.6%+6.8%-7.2%+1.7%-290.0%-393.3%
Depreciation34.4835.5222.8714.785.651.710.65
Interest10.5310.537.195.062.850.980.05
Profit before tax24584.13158(107)27.80(1,325)(428)
Tax53.8820.0637.3113.277.937.610.00
Net profit19564.0712148.0019.87(1,332)(428)
Net profit margin+8.4%+3.1%+6.3%+3.2%+2.1%-289.6%-389.9%
EPS (₹)5.841.973.73(8.84)15,283.08(10,24,780.77)(3,29,250.77)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3253253241,9291,7931,954593
Reserves & surplus1,071848800(1,302)(1,081)(1,765)(437)
Shareholders' funds (net worth)1,3961,1731,124627712189156
Secured loans0.000.000.000.000.000.000.00
Unsecured loans10911011073.4544.0620.330.38
Total debt10911011073.4544.0620.330.38
Total liabilities1,5151,2931,241705762210156
Assets
Gross block31128920614910522.801.74
Net block18819817012697.7521.091.01
Capital work in progress0.000.080.290.001.880.000.00
Investments549391426392532164124
Inventories16117412411365.8741.7413.67
Sundry debtors19613214711464.7733.8410.61
Cash & bank balances19031848053.4278.5220.7526.42
Loans & advances12485.9270.3866.0633.1114.974.62
Total current assets67171082134624211155.32
Total current liabilities50647637824418891.4724.73
Net working capital16523444310254.6719.8330.59
Total assets1,5151,2931,241705762210156
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash25.16104(1.94)24.639.761.920.51
Net cash from operating activities11990.34218(22.90)52.0329.73(10.36)
Net cash from investing activities(13.05)(145)(459)2.96(518)(20.61)(117)
Net cash from financing activities(29.60)(24.23)344(6.63)481(1.28)129
Net change in cash76.68(78.70)103(26.56)14.877.841.41
Closing cash19031848053.4278.5220.7526.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.8%+7.9%+27.8%+60.5%+102.6%+319.0%+551.9%
EBITDA growth+288.5%-58.6%+9998.0%-+9998.0%-209.0%-9580.0%
PBT growth+190.9%-46.9%+9998.0%-+9998.0%-209.5%-
Net income growth+203.6%-47.0%+152.0%+141.6%+9998.0%-211.2%-9584.4%
Revenue CAGR (3Y)+15.5%+30.3%+60.8%+138.8%+281.1%--
EBITDA CAGR (3Y)-+51.0%--37.0%---
Profitability & leverage
Net income margin+8.3%+3.1%+6.3%-8.1%+2.1%-289.6%-389.9%
Return on capital employed-+7.4%+17.0%0.0%+2.3%0.0%0.0%
Return on net worth-+5.5%-581.9%0.0%-3.6%0.0%0.0%
Debt / equity-0.090.100.060.070.060.00
Long-term debt / equity-0.080.090.050.070.060.00
Interest cover6.0357.576.71-4.1328.59-0.07-0.01
Efficiency & per share
Fixed asset turnover-9.3910.7911.7914.5737.49105.05
Inventory turnover-14.3916.1716.7617.3216.6014.57
Debtors turnover-15.2314.6416.7018.9020.7016.57
EPS (₹)5.841.973.73(8.84)15,283.08(10,24,780.77)(3,29,250.77)
Dividend per share (₹)3.000.000.000.000.000.000.00
Book value per share (₹)0.0036.9234.68(85.53)(8,31,385.38)(13,57,802.31)(3,36,284.62)
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Charges & Borrowings of Honasa Consumer Limited

Open charges
₹59.88 Cr
Satisfied charges
₹18.03 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹43.48 Cr
Others₹16.40 Cr
Latest charge details
DateLenderAmountStatus
28 Aug 2024 Hdfc Bank Limited ₹1.16 Cr Open
09 Aug 2024 Hdfc Bank Limited ₹1.01 Cr Open
08 Apr 2024 Hdfc Bank Limited ₹2 Cr Open
04 Jul 2023 Hdfc Bank Limited ₹11.2 Lakh Open
21 Jun 2023 Hdfc Bank Limited ₹17 Lakh Open

Total charge records: 25 View all charges

Employees and EPFO Compliance at Honasa Consumer Limited

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GST Compliance of Honasa Consumer Limited

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Credit Ratings, Litigation & Regulatory Alerts for Honasa Consumer Limited

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MSME Payment Delays by Honasa Consumer Limited

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MSME payment history for Honasa Consumer Limited

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Subsidiaries & Group Companies of Honasa Consumer Limited

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Corporate group structure for Honasa Consumer Limited

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MCA Filings & Documents of Honasa Consumer Limited

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MCA filings and documents for Honasa Consumer Limited

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

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Recent Activity on Honasa Consumer Limited

Charges
21 May 2026
A charge registered on 09 Aug 2022 via Charge ID 100633404 with Hdfc Bank Limited was fully satisfied on 21 May 2026.
Charges
21 May 2026
A charge registered on 21 Jul 2022 via Charge ID 100602152 with Hdfc Bank Limited was fully satisfied on 21 May 2026.
Activity
25 Sep 2025
Honasa Consumer Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Directors
31 Jul 2025
Gaurav Pandit was appointed as a Company Secretary on 31 Jul 2025 & has been associated with this company since 1 year 1 month.
Charges
07 Apr 2025
A charge registered on 27 Oct 2023 via Charge ID 100810836 with Hdfc Bank Limited was fully satisfied on 07 Apr 2025.
Activity
31 Mar 2025
Honasa Consumer Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.

Recent News on Honasa Consumer Limited

Frequently Asked Questions about Honasa Consumer Limited

Honasa Consumer Limited is an active public limited company in the trading sector based in New Delhi, Delhi, India. It was incorporated on 16 September 2016 (10+ years old) and is registered under CIN L74999DL2016PLC306016. The company has 864 employees.

Honasa Consumer Limited reported revenue of ₹2,391.94 Cr for FY 2025-26 (up 15.72% YoY) based on consolidated financials.

The current directors and KMP of Honasa Consumer Limited are:

The primary industry of Honasa Consumer Limited is trading. The company specifically operates in other wholesale. The company is currently active in this sector.

Yes, Honasa Consumer Limited is a listed company.

Yes, Honasa Consumer Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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