Honasa names Saahil Nayar to head emerging beauty brands as it pushes beyond Mamaearth

Mamaearth parent Honasa Consumer has appointed Saahil Nayar as Business Head and SVP for its emerging beauty brands portfolio, spanning colour cosmetics and prestige skincare across Mila Beauté, Swiss Beauty and Kama Ayurveda. The hire signals deeper bets on adjacent beauty categories as the stock trades near 52-week highs with a ₹11,651 crore market cap.

— Source publishedThu, 21 May, 2026, 11:36 IST·First seen Thu, 21 May, 2026, 11:50 IST·Source The Hindu BusinessLine

What happened

Honasa Consumer, parent of Mamaearth, appointed Saahil Nayar as Business Head and SVP for its emerging beauty brands portfolio covering colour cosmetics and

Key facts

  • ₹358.15 share price
  • ₹11,651 crore market cap
  • 32% one-year gain
  • 26% YTD gain
  • ₹364.70 52-week high

Why this matters

The senior hire suggests Honasa is gearing up to actively manage—and likely acquire or scale—adjacent beauty assets, making it a more active counterparty in prestige skincare and colour cosmetics M&A conversations.