Honasa Consumer acquires 58% stake in Fluence Pharma to enter nutraceuticals
Honasa Consumer · Personal Products
Key highlights
- Honasa Consumer Limited acquired a majority 58% stake in Fluence Pharma on June 23, 2026.
- Fluence Pharma specializes in patented Cyclical Nutrition Therapy, with revenue ~₹40 crore and 20%+ EBITDA margin in FY26.
- Honasa will build a new subsidiary, Honasa Health, to scale Fluence’s nutraceutical portfolio leveraging digital and dermatology networks.
Why it's rated notable: The filing states a 58% majority stake but no purchase price, and Fluence's ~INR 40 Crore FY26 revenue is small against the company's ₹2,746 crore annual revenue, so the level is medium by default without an amount.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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More from Honasa Consumer
- Acquisition / mergerNotableHonasa Consumer Ltd calls off proposed acquisition of Fluence Pharma Pvt Ltd
- Acquisition / mergerMajor developmentHonasa Consumer Limited announces audited FY26 results with unqualified audit opinion
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Potential multibaggers · Q2 FY27
Potential multibaggers in Personal Products
on management's own guidance
- Strong growth2
- Strong growth1
- EmamiGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
