Shares of Honasa Consumer Limited were trading at ₹351.70 on the NSE, down 0.35% as of 12:29 PM on Tuesday, following a peak of ₹362.80 reached on May 11, marking a 52-week high. The personal care firm, known for its Mamaearth brand, is under scrutiny after submitting two regulatory disclosures to stock exchanges yesterday.
The company has scheduled a Board of Directors meeting for May 21, 2026, where it will approve the audited standalone and consolidated financial results for the quarter and full year ending March 31, 2026, and recommend a final dividend for FY2025-26, contingent on shareholder approval. The trading window for designated personnel will remain closed until 48 hours following the release of the results to the exchanges.
In a separate report, ICRA Limited, acting as a monitoring agency, confirmed that Honasa’s use of proceeds from its IPO—conducted during its November 2023 listing—aligns fully with the stated objectives, reporting no deviations. From the net proceeds of ₹350.49 crore, the company has allocated ₹315.27 crore as of March 31, 2026, leaving ₹35.23 crore unutilized, primarily held in fixed deposits with HDFC Bank.
Currently, the stock has appreciated over 41% in the past year and approximately 24% year-to-date, significantly outperforming the Nifty 500, which has declined nearly 6% YTD. The stock is trading at a trailing price-to-earnings (PE) ratio of 73.73, consistently exceeding 50 for four consecutive quarters. The company’s market capitalization is around ₹11,443 crore.
Intraday trading shows a notable sell-side pressure, with about 80% of pending orders on the sell side compared to 20% on the buy side. Trading volume was recorded at 137,000 shares, with a total value of ₹4.83 crore by midday. The stock’s daily volatility is at 2.39%, while the annualized volatility stands at 45.66%.
Published on May 12, 2026.
