Mamaearth parent Honasa Consumer may become first new-age company to announce dividend

Honasa Consumer on Monday announced that its board will consider and recommend a final dividend during its meeting on May 21, which would make Mamaearth’s parent company the first among today's new age firms to reward its shareholders with a dividend.

In an exchange filing, Honasa said that its board will meet on May 21 to consider and approve its earnings for the January-March quarter of the financial year 2026, along with the dividend, which would be subject to shareholders' approval at its upcoming Annual General Meeting (AGM). It added that the trading window for the designated persons will remain close till 48 hours after the release of the results next week.

Among the new-age firms, Nykaa-parent FSN E-Commerce Ventures rewarded its shareholders with a 5:1 bonus issue back in 2022, in around an year from its much-awaited market debut following its IPO. Zomato-parent Eternal on the other hand has not yet declared any such rewards for its shareholders, despite holding a cash balance of Rs 17,972 crore at the end of FY26.


Paytm, Ola Electric Mobility, Delhivery, Lenskart, Urban Company and other new age companies are also yet to announce any dividend for its shareholders.

Honasa Consumer share price history

Honasa Consumer shares made a muted debut on stock markets back in 2023. The shares of the company listed with a premium of nearly 2% over the IPO price at Rs 330 apiece on NSE in November 2023.

After hitting a 52-week low of Rs 237 apiece on NSE on May 9 last year, the stock rallied 53% in one year to hit a fresh 52-week high of Rs 362.8 apiece today. The shares of the company however are up only 10% from their listing price.

Honasa Consumer Q4 expectations

Gurugram-based Honasa Consumer is expected to deliver a steady performance in Q4, with growth moderating due to changes in revenue recognition tied to the Flipkart group, it said in an exchange filing.

The Mamaearth parent said it is likely to clock revenue growth in the late twenties on an adjusted basis, and in the early twenties as reported, according to its quarterly update.

The company said its flagship brand Mamaearth is projected to grow in the teens, while newer labels such as The Derma Co, Aqualogica, and Dr Sheth’s are expected to expand at a faster clip, in the mid-twenties.

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