Honasa declares maiden ₹3/share dividend after Q4 profit triples to ₹69.4 cr

Mamaearth parent Honasa Consumer announced its first-ever dividend (₹98 cr payout) on the back of record Q4FY26 profit of ₹69.4 cr (+178% YoY) and revenue of ₹657 cr (+23%). FY26 profit jumped to ₹200 cr from ₹72.6 cr. Younger brands The Derma Co and Reginald Men (ARR ₹100 cr+) led growth; Mamaearth direct distribution hit 120,000 outlets with 120 bps share gain.

— Source publishedThu, 21 May, 2026, 19:20 IST·First seen Thu, 21 May, 2026, 19:27 IST·Source Mint

What happened

Mamaearth (Honasa Consumer) · Honasa Consumer announced its first-ever ₹3/share dividend after record Q4 profit of ₹69.4 cr (+178% YoY) and FY26 profit of ₹200

Key facts

  • ₹3/share dividend
  • ₹98 crore payout
  • Q4 net profit ₹69.4 cr (+178% YoY)
  • Q4 revenue ₹657 cr (+23% YoY)
  • FY26 net profit ₹200 cr vs ₹72.6 cr
  • FY26 revenue ₹2,391 cr (+15%)
  • 120,000 outlets direct billed
  • Reginald Men ARR ₹100 cr+
  • Mamaearth share gain 120 bps
  • share price ₹361.70 (+1.4%)

Why this matters

With multiple sub-brands scaling past ₹100 cr ARR and Mamaearth gaining 120 bps share, Honasa is building an in-house House-of-Brands engine that could shift its M&A posture from acquirer of capabilities to acquirer of distribution or adjacent categories.