Honasa Consumer Limited

NSEI:HONASA Stock Report

Market Cap: ₹94.6b

Honasa Consumer Management

Management criteria checks 3/4

Honasa Consumer's CEO is Varun Alagh, appointed in Jul 2022, has a tenure of 3.67 years. total yearly compensation is ₹30.94M, comprised of 71% salary and 29% bonuses, including company stock and options. directly owns 32.48% of the company’s shares, worth ₹30.73B. The average tenure of the management team and the board of directors is 3 years and 5.6 years respectively.

Key information

Varun Alagh

Chief executive officer

₹30.9m

Total compensation

CEO salary percentage71.04%
CEO tenure3.7yrs
CEO ownership32.5%
Management average tenure3yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

Honasa Consumer Limited Just Beat EPS By 32%: Here's What Analysts Think Will Happen Next

Feb 15
Honasa Consumer Limited Just Beat EPS By 32%: Here's What Analysts Think Will Happen Next

We Like These Underlying Return On Capital Trends At Honasa Consumer (NSE:HONASA)

Dec 31
We Like These Underlying Return On Capital Trends At Honasa Consumer (NSE:HONASA)

Honasa Consumer's (NSE:HONASA) Earnings Are Of Questionable Quality

Nov 24
Honasa Consumer's (NSE:HONASA) Earnings Are Of Questionable Quality

We Like These Underlying Return On Capital Trends At Honasa Consumer (NSE:HONASA)

Sep 27
We Like These Underlying Return On Capital Trends At Honasa Consumer (NSE:HONASA)

Honasa Consumer Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 15
Honasa Consumer Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Honasa Consumer Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 26
Honasa Consumer Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Honasa Consumer Limited (NSE:HONASA) Soars 40% But It's A Story Of Risk Vs Reward

May 24
Honasa Consumer Limited (NSE:HONASA) Soars 40% But It's A Story Of Risk Vs Reward

Be Wary Of Honasa Consumer (NSE:HONASA) And Its Returns On Capital

Apr 30
Be Wary Of Honasa Consumer (NSE:HONASA) And Its Returns On Capital

Market Cool On Honasa Consumer Limited's (NSE:HONASA) Revenues

Mar 15
Market Cool On Honasa Consumer Limited's (NSE:HONASA) Revenues
User avatar

Offline Market Expansion And R&D Investment Will Strengthen Future Earnings

Honasa Consumer is enhancing its offline distribution strategy and direct distribution to drive revenue and earnings growth.

There's Been No Shortage Of Growth Recently For Honasa Consumer's (NSE:HONASA) Returns On Capital

Nov 07
There's Been No Shortage Of Growth Recently For Honasa Consumer's (NSE:HONASA) Returns On Capital

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
Dec 31 2025n/an/a

₹2b

Sep 30 2025n/an/a

₹1b

Jun 30 2025n/an/a

₹738m

Mar 31 2025₹31m₹22m

₹727m

Dec 31 2024n/an/a

₹782m

Sep 30 2024n/an/a

₹781m

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 ($USD336.66K) is about average for companies of similar size in the Indian market ($USD432.78K).

Compensation vs Earnings: Varun's compensation has increased by more than 20% in the past year.

CEO

Varun Alagh (41 yo)

3.7yrs
Tenure
₹30,940,000
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 & CEO3.7yrs₹30.94m32.48%
₹ 30.7b
Raman Sohi
Chief Financial Officer3.7yrs₹46.21mno data
Ghazal Alagh
Chief Innovation Officer & Whole-Time Director3.7yrs₹18.99m3.06%
₹ 2.9b
Lokesh Chhaparwal
Senior Vice President of Technology & Engineering1.2yrsno datano data
Gaurav Pandit
Company Secretary & Compliance Officerless than a yearno datano data
Tripti Pandey
Assistant Vice President of Corporate Communicationsno datano datano data
Karanveer Bajwa
Chief Human Resources Officerno datano datano data
Pratik Mukherjee
Head & Vice President of Brand Factory3.6yrsno datano data
Nishchay Bahl
Senior Vice President of Offline Revenue2.4yrsno datano data
Avinash Dhagat
Chief Supply Chain Officerno datano datano data
Mohit Srivastava
Executive Vice President1.2yrsno datano data
Abhishek Gupta
Senior Vice President of Online Revenueno datano datano data
3.0yrs
Average Tenure

Experienced Management: HONASA's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Varun Alagh
Executive Chairman & CEO9.5yrs₹30.94m32.48%
₹ 30.7b
Ghazal Alagh
Chief Innovation Officer & Whole-Time Director9.5yrs₹18.99m3.06%
₹ 2.9b
Vivek Gambhir
Independent Director5yrs₹2.20mno data
Subramaniam Somasundaram
Independent Director4.1yrs₹3.00mno data
Ishaan Mittal
Non-Executive Nominee Director6.2yrsno datano data
Namita Gupta
Independent Director3.8yrs₹2.20mno data
5.6yrs
Average Tenure
44yo
Average Age

Experienced Board: HONASA's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/06 07:06
End of Day Share Price 2026/03/06 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Honasa Consumer Limited is covered by 21 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Videesha ShethAmbit Capital
Ashwin MehtaAmbit Capital
Nitin BhasinAmbit Capital