Honasa Consumer Limited

NSEI:HONASA Stock Report

Market Cap: ₹126.6b

Honasa Consumer Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Varun Alagh

Chief executive officer

₹20.0m

Total compensation

CEO salary percentage100.0%
CEO tenure2.3yrs
CEO ownershipn/a
Management average tenure2.3yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Honasa Consumer Limited Just Recorded A 13% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 13
Honasa Consumer Limited Just Recorded A 13% EPS Beat: Here's What Analysts Are Forecasting Next

We Think Honasa Consumer's (NSE:HONASA) Robust Earnings Are Conservative

Jun 05
We Think Honasa Consumer's (NSE:HONASA) Robust Earnings Are Conservative

CEO Compensation Analysis

How has Varun Alagh's remuneration changed compared to Honasa Consumer's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹1b

Mar 31 2024₹20m₹20m

₹1b

Dec 31 2023n/an/a

-₹787m

Sep 30 2023n/an/a

-₹951m

Jun 30 2023n/an/a

-₹1b

Mar 31 2023₹15mn/a

-₹1b

Mar 31 2022₹11mn/a

₹157m

Mar 31 2021₹6mn/a

-₹13b

Mar 31 2020₹4mn/a

-₹4b

Compensation vs Market: Varun's total compensation ($USD237.58K) is below average for companies of similar size in the Indian market ($USD471.41K).

Compensation vs Earnings: Varun's compensation has been consistent with company performance over the past year.

CEO

Varun Alagh (40 yo)

2.3yrs

Tenure

₹19,980,000

Compensation

Mr. Varun Alagh is Executive Chairman & since July 26, 2022 as CEO of Honasa Consumer Private Limited and serving as and a director since September 16, 2016. He holds a bachelor’s degree of engineering (el...

Leadership Team

NamePositionTenureCompensationOwnership
Varun Alagh
Executive Chairman & CEO2.3yrs₹19.98mno data
Raman Sohi
Chief Financial Officer2.3yrs₹147.39mno data
Dhanraj Dagar
Company Secretary & Compliance Officer2.5yrs₹3.85mno data
Ghazal Alagh
Chief Innovation Officer & Whole-Time Director2.3yrs₹14.38mno data
Jayant Chauhan
Chief Product & Technology Officer4yrs₹21.30mno data
Tripti Pandey
Assistant Vice President of Corporate Communicationsno datano datano data
Anuja Mishra
Chief Marketing Officer2.7yrs₹2.71mno data
Mohit Srivastava
Senior Vice President of Corporate Developmentno datano datano data
Karanveer Bajwa
Senior Vice President of Human Resourcesno datano datano data
Pratik Mukherjee
Head & Vice President of Brand Factory2.3yrsno datano data
Zairus Master
Chief Business Officer3.3yrs₹9.89mno data
Nishchay Bahl
Senior Vice President of Offline Revenue1.1yrsno datano data

2.3yrs

Average Tenure

40yo

Average Age

Experienced Management: HONASA's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Varun Alagh
Executive Chairman & CEO8.2yrs₹19.98mno data
Ghazal Alagh
Chief Innovation Officer & Whole-Time Director8.2yrs₹14.38mno data
Vivek Gambhir
Independent Director3.7yrs₹2.30mno data
Subramaniam Somasundaram
Independent Director2.8yrs₹3.00mno data
Ishaan Mittal
Non-Executive Director4.8yrsno datano data
Namita Gupta
Independent Director2.4yrs₹2.20mno data

4.3yrs

Average Tenure

43yo

Average Age

Experienced Board: HONASA's board of directors are considered experienced (4.3 years average tenure).