HONASA CONSUMER PRIVATE LIMITED

Standalone Financial Statements for period 01/04/2020 to 31/03/2021

(generated by PrivateCircle)

[100100] Balance sheet

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 245,970.00 245,790.00
Reserves and surplus 1,820,243,939.00 1,531,189,907.00
Total shareholders' funds 1,820,489,909.00 1,531,435,697.00
Share application money pending allotment 0 0
Non-current liabilities [Abstract]
Long-term borrowings 5,045,964.00 0
Other long-term liabilities 1,175,067.00 0
Long-term provisions 9,546,949.00 3,237,161.00
Total non-current liabilities 15,767,980.00 3,237,161.00
Current liabilities [Abstract]
Short-term borrowings 0 0
Trade payables 803,404,010.00 219,030,112.00
Other current liabilities 90,777,874.00 22,508,229.00
Short-term provisions 21,269,874.00 5,680,430.00
Total current liabilities 915,451,758.00 247,218,771.00
Total equity and liabilities 2,751,709,647.00 1,781,891,629.00
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 20,831,323.00 4,155,130.00
Intangible assets 0 9,000.00
Total fixed assets 20,831,323.00 4,164,130.00
Non-current investments 0 0
Deferred tax assets (net) 11,154,517.00 0
Long-term loans and advances 18,219,520.00 5,722,275.00
Other non-current assets 53,271,531.00 0
Total non-current assets 103,476,891.00 9,886,405.00
Current assets [Abstract]
Current investments 1,542,163,917.00 1,218,936,454.00
Inventories 413,473,655.00 136,711,147.00
Trade receivables 338,426,834.00 106,057,685.00
Cash and bank balances 207,543,825.00 264,164,485.00
Short-term loans and advances 145,515,325.00 39,652,555.00
Other current assets 1,109,200.00 6,482,898.00
Total current assets 2,648,232,756.00 1,772,005,224.00
Total assets 2,751,709,647.00 1,781,891,629.00
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[100200] Statement of profit and loss

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company [Abstract]
Revenue from sale of products 4,608,594,986.00 1,097,841,731.00
Revenue from sale of services 0 0
Total revenue from operations other than finance company 4,608,594,986.00 1,097,841,731.00
Total revenue from operations 4,608,594,986.00 1,097,841,731.00
Other income 44,216,288.00 22,284,016.00
Total revenue 4,652,811,274.00 1,120,125,747.00
Expenses [Abstract]
Cost of materials consumed 0 0
Purchases of stock-in-trade 1,607,770,889.00 505,485,141.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade -276,762,508.00 -122,680,742.00
Employee benefit expense 278,174,175.00 85,131,564.00
Finance costs 1,222,908.00 219,904.00
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 4,702,513.00 3,091,120.00
Amortisation expense 9,000.00 9,000.00
Total depreciation, depletion and amortisation expense 4,711,513.00 3,100,120.00
CSR expenditure 0 0
Other expenses 2,741,037,270.00 708,064,565.00
Total expenses 4,356,154,247.00 1,179,320,552.00
Total profit before prior period items, exceptional items, extraordinary items and tax 296,657,027.00 -59,194,805.00
Total profit before extraordinary items and tax 296,657,027.00 -59,194,805.00
Total profit before tax 296,657,027.00 -59,194,805.00
Tax expense [Abstract]
Current tax 61,892,800.00 0
Deferred tax -11,154,517.00 0
Total tax expense 50,738,283.00 0
Total profit (loss) for period from continuing operations 245,918,744.00 -59,194,805.00
Total profit (loss) for period before minority interest 245,918,744.00 -59,194,805.00
Total profit (loss) for period 245,918,744.00 -59,194,805.00
Earnings per equity share [Abstract]
[INR/shares] [INR/shares]
Basic earning per equity share 18,758 -4,281
[INR/shares] [INR/shares]
Diluted earnings per equity share 8,699 -4,281
Nominal value of per equity share [INR/shares] 10 [INR/shares] 10

2
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[100300] Cash flow statement, direct

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020 FY 2019
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Net cash flows from (used in) operations 367,927,341.00 -100,021,807.00
Interest paid -1,222,908.00 -219,904.00
Interest received -19,134,248.00 -6,931,990.00
Income taxes paid (refund) 62,845,045.00 397,513.00
Net cash flows from (used in) operating activities before extraordinary items 287,170,956.00 -107,131,406.00
Net cash flows from (used in) operating activities 287,170,956.00 -107,131,406.00
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets 605,822.00 0
Purchase of tangible assets 13,170,015.00 4,616,970.00
Interest received 24,507,946.00 732,892.00
(A) -220,359,526. (B) -1,165,321,81
Other inflows (outflows) of cash 00 8.00
Net cash flows from (used in) investing activities before extraordinary items -208,415,773.00 -1,169,205,896.00
Net cash flows from (used in) investing activities -208,415,773.00 -1,169,205,896.00
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 895,347.00 1,290,665,612.00
Proceeds from borrowings 0 -525,417.00
Interest paid 1,222,908.00 219,904.00
Net cash flows from (used in) financing activities before extraordinary items -327,561.00 1,289,920,291.00
Net cash flows from (used in) financing activities -327,561.00 1,289,920,291.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate
changes 78,427,622.00 13,582,989.00
Net increase (decrease) in cash and cash equivalents 78,427,622.00 13,582,989.00
Cash and cash equivalents cash flow statement at end of period 97,592,107.00 19,164,485.00 5,581,496.00

Footnotes

(A) Redemption/(Investment) in fixed deposits, net 81,776,751 Investment in mutual funds (749,863,707) Redemption of mutual funds 447,727,430

(B)

Redemption/(Investment) in fixed deposits, net (223,766,700) Investment in mutual funds (1,343,459,381) Redemption of mutual funds
401,904,263

3
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[100400] Cash flow statement, indirect

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020 FY 2019
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax 296,657,027.00 -59,194,805.00
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for depreciation and amortisation expense 4,711,513.00 3,100,120.00
Adjustments for unrealised foreign exchange losses gains -1,761,812.00 41,112.00
(A) 24,246,872.0 (B) -11,989,531.0
Other adjustments to reconcile profit (loss) 0 0
Total adjustments to profit (loss) 27,196,573.00 -8,848,299.00
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories -276,762,508.00 -122,680,742.00
Adjustments for decrease (increase) in trade receivables -233,610,358.00 -80,645,965.00
Adjustments for decrease (increase) in other current assets -117,407,769.00 -35,675,539.00
Adjustments for increase (decrease) in trade payables 584,399,282.00 181,878,047.00
Adjustments for increase (decrease) in other current liabilities 65,555,862.00 17,375,494.00
Adjustments for provisions 21,899,232.00 7,770,002.00
Total adjustments for working capital 44,073,741.00 -31,978,703.00
Total adjustments for reconcile profit (loss) 71,270,314.00 -40,827,002.00
Net cash flows from (used in) operations 367,927,341.00 -100,021,807.00
Interest paid -1,222,908.00 -219,904.00
Interest received -19,134,248.00 -6,931,990.00
Income taxes paid (refund) 62,845,045.00 397,513.00
Net cash flows from (used in) operating activities before extraordinary items 287,170,956.00 -107,131,406.00
Net cash flows from (used in) operating activities 287,170,956.00 -107,131,406.00
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets 605,822.00 0
Purchase of tangible assets 13,170,015.00 4,616,970.00
Interest received 24,507,946.00 732,892.00
(C) -220,359,526. (D) -1,165,321,81
Other inflows (outflows) of cash 00 8.00
Net cash flows from (used in) investing activities before extraordinary items -208,415,773.00 -1,169,205,896.00
Net cash flows from (used in) investing activities -208,415,773.00 -1,169,205,896.00
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 895,347.00 1,290,665,612.00
Proceeds from borrowings 0 -525,417.00
Interest paid 1,222,908.00 219,904.00
Net cash flows from (used in) financing activities before extraordinary items -327,561.00 1,289,920,291.00
Net cash flows from (used in) financing activities -327,561.00 1,289,920,291.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate
changes 78,427,622.00 13,582,989.00
Net increase (decrease) in cash and cash equivalents 78,427,622.00 13,582,989.00
Cash and cash equivalents cash flow statement at end of period 97,592,107.00 19,164,485.00 5,581,496.00

Footnotes

(A)

Net gain on sale of current investments (22,206,851) - Employee stock compensation expense (Refer note 30) 42,240,121 Loss on sale of
property, plant and equipment 120,300 Provision for dimunition in value of investments 1,115,663 Provision for doubtful debts 2,977,639

(B)

Net gain on sale of current investments (14,885,207) Provision no longer required written back (466,819) Employee stock compensation expense
(Refer note 30) 2,437,253 Provision for doubtful debts 925,242

(C) Redemption/(Investment) in fixed deposits, net 81,776,751 Investment in mutual funds (749,863,707) Redemption of mutual funds 447,727,430

(D)

Redemption/(Investment) in fixed deposits, net (223,766,700) Investment in mutual funds (1,343,459,381) Redemption of mutual funds
401,904,263

4
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[200100] Notes - Share capital

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Disclosure of public offering [Abstract]
Whether money raised from public offering during year No No

Disclosure of classes of share capital [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [Line Items]
Number of shares authorised [shares] 57,310 [shares] 57,310 [shares] 40,580 [shares] 40,580
Value of shares authorised 625,300.00 625,300.00 458,000.00 458,000.00
Number of shares issued [shares] 21,987 [shares] 21,969 [shares] 10,515 [shares] 10,497
Value of shares issued 245,970.00 245,790.00 131,250.00 131,070.00
Number of shares subscribed and fully paid [shares] 21,987 [shares] 21,969 [shares] 10,515 [shares] 10,497
Value of shares subscribed and fully paid 245,970.00 245,790.00 131,250.00 131,070.00
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0.00 0.00 0.00 0.00
Total number of shares subscribed [shares] 21,987 [shares] 21,969 [shares] 10,515 [shares] 10,497
Total value of shares subscribed 245,970.00 245,790.00 131,250.00 131,070.00
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 21,987 [shares] 21,969 [shares] 10,515 [shares] 10,497
Value of shares called 245,970.00 245,790.00 131,250.00 131,070.00
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0.00 0.00 0.00 0.00
Calls unpaid by officers 0.00 0.00 0.00 0.00
Total calls unpaid by directors and officers 0.00 0.00 0.00 0.00
Calls unpaid by others 0.00 0.00 0.00 0.00
Total calls unpaid 0.00 0.00 0.00 0.00
Forfeited shares 0.00 0.00 0.00 0.00
Forfeited shares reissued 0.00 0.00 0.00 0.00
Value of shares paid-up 245,970.00 245,790.00 131,250.00 131,070.00
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private placement arising
out of conversion of debentures preference shares
during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in other private placement [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as preferential allotment
arising out of conversion of debentures preference
shares during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as other preferential allotment [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares allotted for contracts without payment
received in cash [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issues of shares [shares] 18 [shares] 7 [shares] 18 [shares] 7
Number of shares issued under employee stock option
plan [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issue of shares arising out of
conversion of securities [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 18 [shares] 7 [shares] 18 [shares] 7
Decrease in number of shares during period [Abstract]
Number of shares redeemed [shares] 0 [shares] 0
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding [shares] 18 [shares] 7 [shares] 18 [shares] 7
Number of shares outstanding at end of period [shares] 21,987 [shares] 21,969 [shares] 10,515 [shares] 10,497
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]

5
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Increase in share capital during period [Abstract]

Amount of public issue during period 0.00 0.00 0.00 0.00
Amount of bonus issue during period 0.00 0.00 0.00 0.00
Amount of rights issue during period 0.00 0.00 0.00 0.00
Amount of private placement issue arising out of
conversion of debentures preference shares during
period 0.00 0.00 0.00 0.00
Amount of other private placement issue during period 0.00 0.00 0.00 0.00
Amount of preferential allotment issue arising out of
conversion of debentures preference shares during
period 0.00 0.00 0.00 0.00
Amount of other preferential allotment issue during
period 0.00 0.00 0.00 0.00
Amount of issue allotted for contracts without payment
received in cash during period 0.00 0.00 0.00 0.00
Amount of issue under scheme of amalgamation during
period 0.00 0.00 0.00 0.00
Amount of other issues during period 180.00 70.00 180.00 70.00
Amount of employee stock option plan issued during
period 0.00 0.00 0.00 0.00
Amount of other issue arising out of conversion of
securities during period 0.00 0.00 0.00 0.00
Total aggregate amount of increase in share capital
during period 180.00 70.00 180.00 70.00
Decrease in share capital during period [Abstract]
Decrease in amount of shares redeemed 0.00 0.00
Decrease in amount of shares bought back 0.00 0.00 0.00 0.00
Other decrease in amount of shares 0.00 0.00 0.00 0.00
Total decrease in share capital during period 0.00 0.00 0.00 0.00
Total increase (decrease) in share capital 180.00 70.00 180.00 70.00
Share capital at end of period 245,970.00 245,790.00 131,250.00 131,070.00
Shares in company held by holding company or ultimate
holding company or by its subsidiaries or associates
[Abstract]
Shares in company held by holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by ultimate holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by subsidiaries of its holding
company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by subsidiaries of its ultimate
holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by associates of its holding
company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by associates of its ultimate holding
company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total shares in company held by holding company or
ultimate holding company or by its subsidiaries or
associates [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares reserved for issue under options and contracts or
commitments for sale of shares or disinvestment [shares] 0 [shares] 0 [shares] 0 [shares] 0
Amount of shares reserved for issue under options and
contracts or commitments for sale of shares or disinvestment 0.00 0.00 0.00 0.00
Aggregate number of fully paid-up shares issued pursuant to
contracts without payment being received in cash during last
five years [shares] 0 [shares] 0 [shares] 0 [shares] 0
Aggregate number of fully paid-up shares issued by way of
bonus shares during last five years [shares] 0 [shares] 0 [shares] 0 [shares] 0
Aggregate number of shares bought back during last five
years [shares] 0 [shares] 0 [shares] 0 [shares] 0
Original paid-up value of forfeited shares 0.00 0.00 0.00 0.00
Details of application money received for allotment of
securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and
due for refund and interest accrued thereon [Abstract]
Application money received for allotment of securities
and due for refund, principal 0.00 0.00 0.00 0.00
Application money received for allotment of securities
and due for refund, interest accrued 0.00 0.00 0.00 0.00
Total application money received for allotment of
securities and due for refund and interest accrued thereon 0 0 0.00 0.00
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0

6
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Share premium for shares to be allotted 0.00 0.00 0.00 0.00

Disclosure of classes of share capital [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Equity shares 1 [Member] Equity shares 2 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [Line Items]
Type of share Equity Equity Equity Equity
Number of shares authorised [shares] 40,000 [shares] 40,000 [shares] 580 [shares] 580
Value of shares authorised 400,000.00 400,000.00 58,000.00 58,000.00
Number of shares issued [shares] 10,225 [shares] 10,207 [shares] 290 [shares] 290
Value of shares issued 102,250.00 102,070.00 29,000.00 29,000.00
Number of shares subscribed and fully paid [shares] 10,225 [shares] 10,207 [shares] 290 [shares] 290
Value of shares subscribed and fully paid 102,250.00 102,070.00 29,000.00 29,000.00
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0.00 0.00 0.00 0.00
Total number of shares subscribed [shares] 10,225 [shares] 10,207 [shares] 290 [shares] 290
Total value of shares subscribed 102,250.00 102,070.00 29,000.00 29,000.00
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 10,225 [shares] 10,207 [shares] 290 [shares] 290
Value of shares called 102,250.00 102,070.00 29,000.00 29,000.00
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0.00 0.00 0.00 0.00
Calls unpaid by officers 0.00 0.00 0.00 0.00
Total calls unpaid by directors and officers 0.00 0.00 0.00 0.00
Calls unpaid by others 0.00 0.00 0.00 0.00
Total calls unpaid 0.00 0.00 0.00 0.00
Forfeited shares 0.00 0.00 0.00 0.00
Forfeited shares reissued 0.00 0.00 0.00 0.00
Value of shares paid-up 102,250.00 102,070.00 29,000.00 29,000.00
Par value per share [INR/shares] 10 [INR/shares] 10 [INR/shares] 100 [INR/shares] 100
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0 [INR/shares] 0 [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private placement arising
out of conversion of debentures preference shares
during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in other private placement [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as preferential allotment
arising out of conversion of debentures preference
shares during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as other preferential allotment [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares allotted for contracts without payment
received in cash [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issues of shares [shares] 18 [shares] 7 [shares] 0 [shares] 0
Number of shares issued under employee stock option
plan [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issue of shares arising out of
conversion of securities [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 18 [shares] 7 [shares] 0 [shares] 0
Decrease in number of shares during period [Abstract]
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding [shares] 18 [shares] 7 [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 10,225 [shares] 10,207 [shares] 290 [shares] 290
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period 0.00 0.00 0.00 0.00
Amount of bonus issue during period 0.00 0.00 0.00 0.00

7
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Amount of rights issue during period 0.00 0.00 0.00 0.00

Amount of private placement issue arising out of
conversion of debentures preference shares during
period 0.00 0.00 0.00 0.00
Amount of other private placement issue during period 0.00 0.00 0.00 0.00
Amount of preferential allotment issue arising out of
conversion of debentures preference shares during
period 0.00 0.00 0.00 0.00
Amount of other preferential allotment issue during
period 0.00 0.00 0.00 0.00
Amount of issue allotted for contracts without payment
received in cash during period 0.00 0.00 0.00 0.00
Amount of issue under scheme of amalgamation during
period 0.00 0.00 0.00 0.00
Amount of other issues during period 180.00 70.00 0.00 0.00
Amount of employee stock option plan issued during
period 0.00 0.00 0.00 0.00
Amount of other issue arising out of conversion of
securities during period 0.00 0.00 0.00 0.00
Total aggregate amount of increase in share capital
during period 180.00 70.00 0.00 0.00
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back 0.00 0.00 0.00 0.00
Other decrease in amount of shares 0.00 0.00 0.00 0.00
Total decrease in share capital during period 0.00 0.00 0.00 0.00
Total increase (decrease) in share capital 180.00 70.00 0.00 0.00
Share capital at end of period 102,250.00 102,070.00 29,000.00 29,000.00
Shares in company held by holding company or ultimate
holding company or by its subsidiaries or associates
[Abstract]
Shares in company held by holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by ultimate holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by subsidiaries of its holding
company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by subsidiaries of its ultimate
holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by associates of its holding
company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by associates of its ultimate holding
company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total shares in company held by holding company or
ultimate holding company or by its subsidiaries or
associates [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares reserved for issue under options and contracts or
commitments for sale of shares or disinvestment [shares] 0 [shares] 0 [shares] 0 [shares] 0
Amount of shares reserved for issue under options and
contracts or commitments for sale of shares or disinvestment 0.00 0.00 0.00 0.00
Aggregate number of fully paid-up shares issued pursuant to
contracts without payment being received in cash during last
five years [shares] 0 [shares] 0 [shares] 0 [shares] 0
Aggregate number of fully paid-up shares issued by way of
bonus shares during last five years [shares] 0 [shares] 0 [shares] 0 [shares] 0
Aggregate number of shares bought back during last five
years [shares] 0 [shares] 0 [shares] 0 [shares] 0
Original paid-up value of forfeited shares 0.00 0.00 0.00 0.00
Details of application money received for allotment of
securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and
due for refund and interest accrued thereon [Abstract]
Application money received for allotment of securities
and due for refund, principal 0.00 0.00 0.00 0.00
Application money received for allotment of securities
and due for refund, interest accrued 0.00 0.00 0.00 0.00
Total application money received for allotment of
securities and due for refund and interest accrued thereon 0.00 0.00 0.00 0.00
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0.00 0.00 0.00 0.00

Disclosure of classes of share capital [Table] ..(3)

8
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares [Member] Preference shares 1 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [Line Items]
Type of share Preference Preference
Number of shares authorised [shares] 16,730 [shares] 16,730 [shares] 16,730 [shares] 16,730
Value of shares authorised 167,300.00 167,300.00 167,300.00 167,300.00
Number of shares issued [shares] 11,472 [shares] 11,472 [shares] 11,472 [shares] 11,472
Value of shares issued 114,720.00 114,720.00 114,720.00 114,720.00
Number of shares subscribed and fully paid [shares] 11,472 [shares] 11,472 [shares] 11,472 [shares] 11,472
Value of shares subscribed and fully paid 114,720.00 114,720.00 114,720.00 114,720.00
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0.00 0.00 0.00 0.00
Total number of shares subscribed [shares] 11,472 [shares] 11,472 [shares] 11,472 [shares] 11,472
Total value of shares subscribed 114,720.00 114,720.00 114,720.00 114,720.00
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 11,472 [shares] 11,472 [shares] 11,472 [shares] 11,472
Value of shares called 114,720.00 114,720.00 114,720.00 114,720.00
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0.00 0.00 0.00 0.00
Calls unpaid by officers 0.00 0.00 0.00 0.00
Total calls unpaid by directors and officers 0.00 0.00 0.00 0.00
Calls unpaid by others 0.00 0.00 0.00 0.00
Total calls unpaid 0.00 0.00 0.00 0.00
Forfeited shares 0.00 0.00 0.00 0.00
Forfeited shares reissued 0.00 0.00 0.00 0.00
Value of shares paid-up 114,720.00 114,720.00 114,720.00 114,720.00
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private placement arising
out of conversion of debentures preference shares
during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in other private placement [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as preferential allotment
arising out of conversion of debentures preference
shares during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as other preferential allotment [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares allotted for contracts without payment
received in cash [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under employee stock option
plan [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issue of shares arising out of
conversion of securities [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Decrease in number of shares during period [Abstract]
Number of shares redeemed [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 11,472 [shares] 11,472 [shares] 11,472 [shares] 11,472
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period 0.00 0.00 0.00 0.00
Amount of bonus issue during period 0.00 0.00 0.00 0.00
Amount of private placement issue arising out of
conversion of debentures preference shares during
period 0.00 0.00 0.00 0.00
Amount of other private placement issue during period 0.00 0.00 0.00 0.00

9
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Amount of preferential allotment issue arising out of

conversion of debentures preference shares during
period 0.00 0.00 0.00 0.00
Amount of other preferential allotment issue during
period 0.00 0.00 0.00 0.00
Amount of issue allotted for contracts without payment
received in cash during period 0.00 0.00 0.00 0.00
Amount of issue under scheme of amalgamation during
period 0.00 0.00 0.00 0.00
Amount of other issues during period 0.00 0.00 0.00 0.00
Amount of employee stock option plan issued during
period 0.00 0.00 0.00 0.00
Amount of other issue arising out of conversion of
securities during period 0.00 0.00 0.00 0.00
Total aggregate amount of increase in share capital
during period 0.00 0.00 0.00 0.00
Decrease in share capital during period [Abstract]
Decrease in amount of shares redeemed 0.00 0.00 0.00 0.00
Decrease in amount of shares bought back 0.00 0.00 0.00 0.00
Other decrease in amount of shares 0.00 0.00 0.00 0.00
Total decrease in share capital during period 0.00 0.00 0.00 0.00
Total increase (decrease) in share capital 0.00 0.00 0.00 0.00
Share capital at end of period 114,720.00 114,720.00 114,720.00 114,720.00
Shares in company held by holding company or ultimate
holding company or by its subsidiaries or associates
[Abstract]
Shares in company held by holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by ultimate holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by subsidiaries of its holding
company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by subsidiaries of its ultimate
holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by associates of its holding
company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by associates of its ultimate holding
company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total shares in company held by holding company or
ultimate holding company or by its subsidiaries or
associates [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares reserved for issue under options and contracts or
commitments for sale of shares or disinvestment [shares] 0 [shares] 0 [shares] 0 [shares] 0
Amount of shares reserved for issue under options and
contracts or commitments for sale of shares or disinvestment 0.00 0.00 0.00 0.00
Aggregate number of fully paid-up shares issued pursuant to
contracts without payment being received in cash during last
five years [shares] 0 [shares] 0 [shares] 0 [shares] 0
Aggregate number of fully paid-up shares issued by way of
bonus shares during last five years [shares] 0 [shares] 0 [shares] 0 [shares] 0
Aggregate number of shares bought back during last five
years [shares] 0 [shares] 0 [shares] 0 [shares] 0
Original paid-up value of forfeited shares 0.00 0.00 0.00 0.00
Details of application money received for allotment of
securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and
due for refund and interest accrued thereon [Abstract]
Application money received for allotment of securities
and due for refund, principal 0.00 0.00 0.00 0.00
Application money received for allotment of securities
and due for refund, interest accrued 0.00 0.00 0.00 0.00
Total application money received for allotment of
securities and due for refund and interest accrued thereon 0.00 0.00 0.00 0.00
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0.00 0.00 0.00 0.00

Disclosure of shareholding more than five per cent in company [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

10
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Classes of share capital [Axis] Share capital [Member]

Name of shareholder [Axis] Name of shareholder [Member]
Period FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company [Abstract]
Whether there are any shareholders holding more than five per cent shares in company Yes Yes

Disclosure of shareholding more than five per cent in company [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Equity shares [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Number of shares held in company [shares] 8,804 [shares] 8,804 [shares] 788 [shares] 1,000

Disclosure of shareholding more than five per cent in company [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Name of shareholder [Member] Shareholder 1 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Equity shares of Equity shares of
Rs 10/- each fully Rs 10/- each fully
Type of share Equity Equity paid paid
Name of shareholder Varun Alagh Varun Alagh
PAN of shareholder AGEPA6168M AGEPA6168M
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 8,514 [shares] 8,514
Percentage of shareholding in company 82% 83%

Disclosure of shareholding more than five per cent in company [Table] ..(4)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 2 [Member]
Period FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company [Abstract]
Disclosure of shareholding more than five per cent in company [Line Items]
Equity shares of Equity shares of
Rs 10/- each fully Rs 10/- each fully
Type of share paid paid
Name of shareholder Ghazal Alagh Ghazal Alagh
PAN of shareholder CIWPS9731A CIWPS9731A
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 788 [shares] 1,000
Percentage of shareholding in company 8% 10%

Disclosure of shareholding more than five per cent in company [Table] ..(5)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Equity shares 2 [Member]
Name of shareholder [Axis] Name of shareholder [Member] Shareholder 1 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Equity shares of Equity shares of
Rs 100/- each Rs 100/- each
Type of share Equity Equity fully paid fully paid
Shilpa Shetty Shilpa Shetty
Name of shareholder Kundra Kundra
PAN of shareholder ACPPS6622P ACPPS6622P
Country of incorporation or residence of shareholder INDIA INDIA

11
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Number of shares held in company [shares] 290 [shares] 290

Percentage of shareholding in company 100% 100%

Disclosure of shareholding more than five per cent in company [Table] ..(6)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Number of shares held in company [shares] 5,466 [shares] 6,727 [shares] 2,328 [shares] 2,879

Disclosure of shareholding more than five per cent in company [Table] ..(7)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares [Member]
Shareholder 4 Shareholder 5
Name of shareholder [Axis] Shareholder 3 [Member] [Member] [Member]
Period FY 2021 FY 2020 FY 2021
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Number of shares held in company [shares] 1,299 [shares] 1,552 [shares] 706 [shares] 1,062

Disclosure of shareholding more than five per cent in company [Table] ..(8)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares 1 [Member]
Name of shareholder [Axis] Name of shareholder [Member] Shareholder 1 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Class A NCCCPS Class A NCCCPS
of Rs 10/- each of Rs 10/- each
Type of share Preference Preference fully paid fully paid
Fireside Ventures Fireside Ventures
Name of shareholder Trust Trust
PAN of shareholder AAATF4800F AAATF4800F
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 141 [shares] 254
Percentage of shareholding in company 24% 44%

Disclosure of shareholding more than five per cent in company [Table] ..(9)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares 1 [Member]
Name of shareholder [Axis] Shareholder 2 [Member] Shareholder 3 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Class A NCCCPS Class A NCCCPS Class A NCCCPS Class A NCCCPS
of Rs 10/- each of Rs 10/- each of Rs 10/- each of Rs 10/- each
Type of share fully paid fully paid fully paid fully paid
SCI Investments SCI Investments
Name of shareholder Suhail Sameer Suhail Sameer VI VI
PAN of shareholder BLHPS1902C BLHPS1902C ABACS6767N ABACS6767N
Country of incorporation or residence of shareholder INDIA INDIA MAURITIUS MAURITIUS
Number of shares held in company [shares] 116 [shares] 116 [shares] 209 [shares] 186
Percentage of shareholding in company 20% 20% 36% 32%

Disclosure of shareholding more than five per cent in company [Table] ..(10)

12
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares 2 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Class B NCCCPS Class B NCCCPS Class B NCCCPS Class B NCCCPS
of Rs 10/- each of Rs 10/- each of Rs 10/- each of Rs 10/- each
Type of share fully paid fully paid fully paid fully paid
Fireside Ventures Fireside Ventures
Name of shareholder Investment Fund-I Investment Fund-I Kunal Bahl Kunal Bahl
PAN of shareholder AAATF5691G AAATF5691G AFXPB7749F AFXPB7749F
Country of incorporation or residence of shareholder INDIA INDIA INDIA INDIA
Number of shares held in company [shares] 199 [shares] 1,347 [shares] 85 [shares] 269
Percentage of shareholding in company 10% 72% 5% 14%

Disclosure of shareholding more than five per cent in company [Table] ..(11)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares 2 [Member]
Shareholder 4 Shareholder 5
Name of shareholder [Axis] Shareholder 3 [Member] [Member] [Member]
Period FY 2021 FY 2020 FY 2021
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Class B NCCCPS Class B NCCCPS Class B NCCCPS Class B NCCCPS
of Rs 10/- each of Rs 10/- each of Rs 10/- each of Rs 10/- each
Type of share fully paid fully paid fully paid fully paid
Rohit Kumar Rohit Kumar SCI Investments Sofina Ventures
Name of shareholder Bhansal Bhansal VI S.A.
PAN of shareholder ALMPB9018Q ALMPB9018Q ABACS6767N
Country of incorporation or residence of shareholder INDIA INDIA MAURITIUS BELGIUM
Number of shares held in company [shares] 85 [shares] 269 [shares] 454 [shares] 1,062
Percentage of shareholding in company 5% 14% 24% 56%

Disclosure of shareholding more than five per cent in company [Table] ..(12)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares 3 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Class C NCCCPS Class C NCCCPS Class C NCCCPS Class C NCCCPS
of Rs 10/- each of Rs 10/- each of Rs 10/- each of Rs 10/- each
Type of share fully paid fully paid fully paid fully paid
Fireside Ventures Fireside Ventures Stellaris Venture Stellaris Venture
Name of shareholder Investment Fund-I Investment Fund-I Partners Partners
PAN of shareholder AAATF5691G AAATF5691G AARTS6917P AARTS6917P
Country of incorporation or residence of shareholder INDIA INDIA INDIA INDIA
Number of shares held in company [shares] 1,780 [shares] 1,780 [shares] 1,764 [shares] 2,131
Percentage of shareholding in company 37% 37% 36% 44%

Disclosure of shareholding more than five per cent in company [Table] ..(13)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares 3 [Member]
Shareholder 4
Name of shareholder [Axis] Shareholder 3 [Member] [Member]
Period FY 2021 FY 2020 FY 2021
Disclosure of shareholding more than five per cent in company [Abstract]
Disclosure of shareholding more than five per cent in company [Line Items]
Class C NCCCPS Class C NCCCPS Class C NCCCPS
of Rs 10/- each of Rs 10/- each of Rs 10/- each
Type of share fully paid fully paid fully paid

13
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Sofina Ventures
Name of shareholder Rishabh Mariwala Rishabh Mariwala S.A.
PAN of shareholder AHLPM4852G AHLPM4852G
Country of incorporation or residence of shareholder INDIA INDIA BELGIUM
Number of shares held in company [shares] 642 [shares] 734 [shares] 252
Percentage of shareholding in company 13% 15% 5%

Disclosure of shareholding more than five per cent in company [Table] ..(14)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares 4 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Class D NCCCPS Class D NCCCPS Class D NCCCPS Class D NCCCPS
of Rs 10/- each of Rs 10/- each of Rs 10/- each of Rs 10/- each
Type of share fully paid fully paid fully paid fully paid
SCI Investments SCI Investments Fireside Ventures Fireside Ventures
Name of shareholder VI VI Investment Fund-I Investment Fund-I
PAN of shareholder ABACS6767N ABACS6767N AAATF5691G AAATF5691G
Country of incorporation or residence of shareholder MAURITIUS MAURITIUS INDIA INDIA
Number of shares held in company [shares] 3,346 [shares] 3,346 [shares] 363 [shares] 363
Percentage of shareholding in company 80% 80% 9% 9%

Disclosure of shareholding more than five per cent in company [Table] ..(15)

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Preference shares 4 [Member]
Name of shareholder [Axis] Shareholder 3 [Member]
Period FY 2021 FY 2020
Disclosure of shareholding more than five per cent in company [Abstract]
Disclosure of shareholding more than five per cent in company [Line Items]
Class D NCCCPS Class D NCCCPS
of Rs 10/- each of Rs 10/- each
Type of share fully paid fully paid
Stellaris Venture Stellaris Venture
Name of shareholder Partners Partners
PAN of shareholder AARTS6917P AARTS6917P
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 363 [shares] 363
Percentage of shareholding in company 9% 9%

14
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[200200] Notes - Reserves and surplus

Statement of changes in reserves [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Components of reserves [Axis] Reserves [Member]
Period FY 2021 FY 2020
Statement of changes in reserves [Abstract]
Statement of changes in reserves [Line Items]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 245,918,744.00 -59,194,805.00
Other additions to reserves 43,553,396.00 1,293,061,185.00
Total additions to reserves 289,472,140.00 1,233,866,380.00
Deductions to reserves [Abstract]
Other deductions to reserves 418,108.00 0
Total deductions to reserves 418,108.00 0
Total changes in reserves 289,054,032.00 1,233,866,380.00
Reserves at end of period 1,820,243,939.00 1,531,189,907.00

Statement of changes in reserves [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Components of reserves [Axis] Securities premium account [Member]
Period FY 2021 FY 2020 FY 2019
Statement of changes in reserves [Abstract]
Statement of changes in reserves [Line Items]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 0 0
Other additions to reserves 1,313,275.00 1,290,623,932.00
Total additions to reserves 1,313,275.00 1,290,623,932.00
Total changes in reserves 1,313,275.00 1,290,623,932.00
Reserves at end of period 1,630,729,962.00 1,629,416,687.00 338,792,755.00

Statement of changes in reserves [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Components of reserves [Axis] Employee stock options outstanding [Member]
Period FY 2021 FY 2020 FY 2019
Statement of changes in reserves [Abstract]
Statement of changes in reserves [Line Items]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 0 0
Other additions to reserves 42,240,121.00 2,437,253.00
Total additions to reserves 42,240,121.00 2,437,253.00
Deductions to reserves [Abstract]
Other deductions to reserves 418,108.00 0
Total deductions to reserves 418,108.00 0
Total changes in reserves 41,822,013.00 2,437,253.00
Reserves at end of period 44,259,266.00 2,437,253.00 0

Statement of changes in reserves [Table] ..(4)

Unless otherwise specified, all monetary values are in INR

Components of reserves [Axis] Surplus [Member]
Period FY 2021 FY 2020 FY 2019
Statement of changes in reserves [Abstract]
Statement of changes in reserves [Line Items]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 245,918,744.00 -59,194,805.00
Total additions to reserves 245,918,744.00 -59,194,805.00
Total changes in reserves 245,918,744.00 -59,194,805.00
Reserves at end of period 145,254,711.00 -100,664,033.00 -41,469,228.00

15
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[200300] Notes - Borrowings

Classification of borrowings [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Borrowings [Member] Other loans and advances [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Details of borrowings [Abstract]
Details of borrowings [Line Items]
Borrowings 5,045,964.00 0 5,045,964.00 0

Classification of borrowings [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Other loans and advances, others [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member]
Period FY 2021 FY 2020
Details of borrowings [Abstract]
Details of borrowings [Line Items]
Borrowings (A) 5,045,964.00 0

Footnotes

(A)

Finance lease obligation includes computer equiment taken on lease. The gross investment in leases, i.e lease obligation plus interest, is
payable in 12 quarterly installments of approx. Rs 1,068,140 each including interest.

16
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[200500] Notes - Current investments

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Current investments [Abstract]
(A) 1,542,163,91
Aggregate amount of quoted current investments 7.00 1,034,565,085.00
Market value of quoted current investments 1,644,256,414.00 1,058,904,320.00
Aggregate amount of unquoted current investments 0 184,371,369.00
Aggregate provision for diminution in value of current investments 0 0
Share current investments joint ventures 0 0

Footnotes

(A)

Agreegate Amount of Qouted investment 1543279580 Less: Provision for dimunition in value of invesmtent: -1115663 Total: 1542163917

Details of current investments [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 1 2
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 39,240,550.00 25,000,000.00 3,748,945.00 50,000,000.00
(Valued at lower (Valued at lower (Valued at lower (Valued at lower
of cost and fair of cost and fair of cost and fair of cost and fair
value, unless value, unless value, unless value, unless
Basis of valuation of current investments stated otherwise) stated otherwise) stated otherwise) stated otherwise)
Kotak Money Kotak Money
Market Fund UTI Liquid Cash UTI MMMF Market Fund
Name of body corporate in whom investment has been made Direct - Growth Direct - Growth Direct - Growth Direct - Growth

Details of current investments [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 3 4
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 56,734,689.00 60,000,000.00 75,000,000.00 56,734,690.00
(Valued at lower (Valued at lower (Valued at lower (Valued at lower
of cost and fair of cost and fair of cost and fair of cost and fair
value, unless value, unless value, unless value, unless
Basis of valuation of current investments stated otherwise) stated otherwise) stated otherwise) stated otherwise)
SBI Magnum
Aditya Birla SL Ultra Short Aditya Birla SL
Savings Direct - UTI MMMF Duration Direct - Savings Direct -
Name of body corporate in whom investment has been made Ultra Short term Direct - Growth Growth Ultra Short term

Details of current investments [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 5 6
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds

17
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Current Current Current Current

Class of current investments investments investments investments investments
Current investments 102,500,000.00 60,000,000.00 100,079,645.00 102,500,000.00
(Valued at lower (Valued at lower (Valued at lower (Valued at lower
of cost and fair of cost and fair of cost and fair of cost and fair
value, unless value, unless value, unless value, unless
Basis of valuation of current investments stated otherwise) stated otherwise) stated otherwise) stated otherwise)
IDFC Banking SBI Magnum IDFC Banking
and PSU Debt Ultra Short HDFC Corporate and PSU Debt
Fun - Direct Plan - Duration Direct - Bond Direct - Fun - Direct Plan -
Name of body corporate in whom investment has been made Growth Growth Growth Growth

Details of current investments [Table] ..(4)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 7 8
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 150,000,000.00 100,079,645.00 130,052,578.00 150,000,000.00
(Valued at lower (Valued at lower (Valued at lower (Valued at lower
of cost and fair of cost and fair of cost and fair of cost and fair
value, unless value, unless value, unless value, unless
Basis of valuation of current investments stated otherwise) stated otherwise) stated otherwise) stated otherwise)
ICICI Prudential HDFC Corporate ICICI Prudential
Corporate Bond Bond Direct - DSP Short Term Corporate Bond
Name of body corporate in whom investment has been made Direct - Growth Growth Direct - Growth Direct - Growth

Details of current investments [Table] ..(5)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 9 10
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 50,000,000.00 130,052,578.00 100,052,442.00 100,000,000.00
(Valued at lower (Valued at lower (Valued at lower (Valued at lower
of cost and fair of cost and fair of cost and fair of cost and fair
value, unless value, unless value, unless value, unless
Basis of valuation of current investments stated otherwise) stated otherwise) stated otherwise) stated otherwise)
HDFC Short Term HDFC Short Term
Debt Direct - DSP Short Term "IDFC Bond Debt Direct -
Name of body corporate in whom investment has been made Growth Direct - Growth Short Growth

Details of current investments [Table] ..(6)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 11 12
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 100,145,731.00 100,052,441.00 45,000,000.00 100,145,731.00
(Valued at lower (Valued at lower (Valued at lower (Valued at lower
of cost and fair of cost and fair of cost and fair of cost and fair
value, unless value, unless value, unless value, unless
Basis of valuation of current investments stated otherwise) stated otherwise) stated otherwise) stated otherwise)
Kotak Bond Tata Short Term Kotak Bond
Short-term Direct Bond Short-term Direct
Name of body corporate in whom investment has been made - Growth IDFC Bond Short Direct-Growth - Growth

18
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Details of current investments [Table] ..(7)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 13 14
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 104,655,949.00 0 50,000,000.00 0
Basis of valuation of current investments NA NA NA NA
HDFC Money Reliance Liquid HDFC Ultra Short IDFC Corporate
Market Fund Direct Plan - Term Fund Bond Fund Direct
Name of body corporate in whom investment has been made Direct-Growth Growth Direct-Growth Plan - Growth

Details of current investments [Table] ..(8)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 15 16
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Other current
Type of current investments mutual funds mutual funds mutual funds investments
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 25,000,000.00 0 40,000,000.00 184,371,369.00
(Valued at lower (Valued at lower
of cost and fair of cost and fair
value, unless value, unless
Basis of valuation of current investments NA NA stated otherwise) stated otherwise)
Axis Banking & HSBC Cash Fund Kotak Banking
PSU Debt Direct Plan - and PSU Debt CFSL
Name of body corporate in whom investment has been made Direct-Growth Growth Direct-Growth Commercial Paper

Details of current investments [Table] ..(9)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 17 18 19 20
Period FY 2021
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 30,000,000.00 80,000,000.00 1,961,295.00 10,000,000.00
(Valued at lower (Valued at lower (Valued at lower (Valued at lower
of cost and fair of cost and fair of cost and fair of cost and fair
value, unless value, unless value, unless value, unless
Basis of valuation of current investments stated otherwise) stated otherwise) stated otherwise) stated otherwise)
Kotak Corporate L&T Triple Ace Axis Treasury ICICI Pru Short
Bond Bond Advantage Term
Name of body corporate in whom investment has been made Direct-Growth Direct-Growth Direct-Growth Direct-Growth

Details of current investments [Table] ..(10)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 21 22 23 24
Period FY 2021
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Current Current Current Current
Class of current investments investments investments investments investments
Current investments 48,500,000.00 50,000,000.00 19,973,786.00 0

19
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

(Valued at lower (Valued at lower (Valued at lower

of cost and fair of cost and fair of cost and fair
value, unless value, unless value, unless
Basis of valuation of current investments stated otherwise) stated otherwise) stated otherwise) NA
Bharat Bond FOF Bharat Bond FOF India Grid Trust
- April 2025 - April 2030 Invit Fund - UTI Liquid Cash
Name of body corporate in whom investment has been made Direct-Growth Direct-G Perpetual Direct - Growth

Details of current investments [Table] ..(11)

Unless otherwise specified, all monetary values are in INR

Classification of current investments [Axis] 25 26
Period FY 2021
Disclosure of details of current investments [Abstract]
Details of current investments [Line Items]
Investments in
debentures or Investments in
Type of current investments bonds mutual funds
Current Current
Class of current investments investments investments
(A) 129,518,307.
Current investments 00 (B) 0
(Valued at lower (Valued at lower
of cost and fair of cost and fair
value, unless value, unless
Basis of valuation of current investments stated otherwise) stated otherwise)
Provision for
Muthoot Fincorp dimunition in
Limtied - Market value of
Linked Debenture investments
Name of body corporate in whom investment has been made - Non Convertible (Refer note 24)

Footnotes

(A)

Muthoot Fincorp Limtied - Market Linked Debenture - Non Convertible 13,06,33,970 130 units of Rs 1,004,876.6923 each (March 31, 2020: Nil)
Less: As it is not allowed to mentioned figures in negative Provision for dimunition in value of investments (Refer note 24) (11,15,663)

(B) Provision for dimunition in value of investments (Refer note 24) (11,15,663)

20
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[200600] Notes - Subclassification and notes on liabilities and assets

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Subclassification and notes on liabilities and assets [Abstract]
Other long-term liabilities notes [Abstract]
Other long-term liabilities [Abstract]
Trade payables, long-term 0 0
Others, long-term [Abstract]
Others long-term, others (A) 1,175,067.00 0
Total others, long-term 1,175,067.00 0
Total other long-term liabilities 1,175,067.00 0
Other current liabilities notes [Abstract]
Other current liabilities [Abstract]
Current maturities of long-term debt 3,888,850.00 0
Interest accrued but not due on borrowings 0 0
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Unpaid dividends 0 0
Application money received for allotment of securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and due for refund, principal 0.00 0.00
Application money received for allotment of securities and due for refund, interest accrued 0.00 0.00
Total application money received for allotment of securities and due for refund and interest accrued
thereon 0 0
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Other payables, current [Abstract]
Taxes payable other tax 25,630,790.00 8,756,248.00
Public deposit payable, current 0 0
Total other payables, current 25,630,790.00 8,756,248.00
Advance received from customers 15,319,619.00 3,030,140.00
Short-term employee related liabilities 45,152,939.00 10,721,841.00
Current liabilities portion of share application money pending allotment 0 0
Other current liabilities, others 785,676.00 0
Total other current liabilities 90,777,874.00 22,508,229.00
Details of application money received for allotment of securities and due for refund and interest accrued
thereon [Abstract]
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0.00 0.00
Other non-current assets notes [Abstract]
Other non-current assets [Abstract]
Other non-current assets, others 53,271,531.00 0
Total other non-current assets 53,271,531.00 0
Deposits with Deposits with
remaining remaining
maturity for more maturity for more
than 12 months than 12 months
Nature of other non-current assets, others (refer note 15)* (refer note 15)*
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Aggregate amount of trade receivables outstanding for period exceeding six months 338,426,834.00 106,057,685.00
Cash and bank balances notes [Abstract]
Cash and bank balances [Abstract]
Classification of cash and bank balances [Abstract]
Cash and cash equivalents [Abstract]
Balance with banks [Abstract]
Fixed deposits with banks 0 0
Other balances with banks 97,239,787.00 19,052,811.00
Total balance with banks 97,239,787.00 19,052,811.00
Cash on hand 352,320.00 111,674.00
Total cash and cash equivalents 97,592,107.00 19,164,485.00
Other bank balances 109,951,718.00 245,000,000.00
Total cash and bank balances 207,543,825.00 264,164,485.00
Details of balances held with banks to extent held as margin money or security against borrowings,
guarantees or other commitments [Abstract]

21
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Total balances held with banks to extent held as margin money or security against borrowings,
guarantees or other commitments 0 0
Bank deposits with more than twelve months maturity 0 0
Other current assets notes [Abstract]
Other current assets [Abstract]
Other current assets, others 1,109,200.00 6,482,898.00
Total other current assets 1,109,200.00 6,482,898.00

Footnotes

(A) Rent equalization reserve

Disclosure of breakup of provisions [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classification based on time period
Classification based on time period [Axis] [Member] Long-term [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [Line Items]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision gratuity 9,546,949.00 3,237,161.00
Total provisions for employee benefits 9,546,949.00 3,237,161.00
CSR expenditure provision 0 0
Total provisions 9,546,949.00 3,237,161.00
Provision for Provision for
Nature of other provisions customer credits customer credits

Disclosure of breakup of provisions [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classification based on time period [Axis] Short-term [Member]
Period FY 2021 FY 2020
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [Line Items]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision gratuity 38,576.00 0
Provision leave encashment 9,421,313.00 2,569,902.00
Total provisions for employee benefits 9,459,889.00 2,569,902.00
CSR expenditure provision 0 0
Other provisions 11,809,985.00 3,110,528.00
Total provisions 21,269,874.00 5,680,430.00

Loans and advances [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classification based on time period [Axis] Long-term [Member]
Classification of loans and advances [Axis] Loans and advances [Member] Security deposits [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Loans and advances [Abstract]
Disclosure of loans and advances [Line Items]
Loans and advances, gross 18,219,520.00 5,722,275.00 16,696,000.00 5,151,000.00
Allowance for bad and doubtful loans and advances 0 0 0 0
Loans and advances 18,219,520.00 5,722,275.00 16,696,000.00 5,151,000.00
Details of loans and advances due by directors, other officers
or others [Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Details of loans and advances due by firms or companies in
which any director is partner or director [Abstract]
Loans and advances due by firms in which any director is
partner 0 0 0 0
Total loans and advances due by firms or companies in
which any director is partner or director 0 0 0 0

22
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Loans and advances [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classification based on time period [Axis] Long-term [Member]
Classification of loans and advances [Axis] Other loans and advances [Member] Advance tax [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Loans and advances [Abstract]
Disclosure of loans and advances [Line Items]
Loans and advances, gross 1,523,520.00 571,275.00 1,523,520.00 571,275.00
Allowance for bad and doubtful loans and advances 0 0 0 0
Loans and advances 1,523,520.00 571,275.00 1,523,520.00 571,275.00
Details of loans and advances due by directors, other officers
or others [Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Details of loans and advances due by firms or companies in
which any director is partner or director [Abstract]
Loans and advances due by firms in which any director is
partner 0 0 0 0
Total loans and advances due by firms or companies in
which any director is partner or director 0 0 0 0

Loans and advances [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Classification based on time period [Axis] Long-term [Member]
Classification of loans and advances [Axis] Advance income tax paid [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2021 FY 2020
Loans and advances [Abstract]
Disclosure of loans and advances [Line Items]
Loans and advances, gross 1,523,520.00 571,275.00
Allowance for bad and doubtful loans and advances 0 0
Loans and advances 1,523,520.00 571,275.00
Details of loans and advances due by directors, other officers or others [Abstract]
Loans and advances due by directors 0 0
Loans and advances due by other officers 0 0
Details of loans and advances due by firms or companies in which any director is partner or director
[Abstract]
Loans and advances due by firms in which any director is partner 0 0
Total loans and advances due by firms or companies in which any director is partner or director 0 0

Loans and advances [Table] ..(4)

Unless otherwise specified, all monetary values are in INR

Classification based on time period [Axis] Short-term [Member]
Classification of loans and advances [Axis] Loans and advances [Member] Security deposits [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Loans and advances [Abstract]
Disclosure of loans and advances [Line Items]
Loans and advances, gross 145,515,325.00 39,652,555.00 281,000.00 1,363,500.00
Allowance for bad and doubtful loans and advances 0 0 0 0
Loans and advances 145,515,325.00 39,652,555.00 281,000.00 1,363,500.00
Details of loans and advances due by directors, other officers
or others [Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Details of loans and advances due by firms or companies in
which any director is partner or director [Abstract]
Loans and advances due by firms in which any director is
partner 0 0 0 0
Total loans and advances due by firms or companies in
which any director is partner or director 0 0 0 0

Loans and advances [Table] ..(5)

Unless otherwise specified, all monetary values are in INR

23
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Classification based on time period [Axis] Short-term [Member]

Classification of loans and advances [Axis] Loans advances given suppliers [Member] Loans advances given employees [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Loans and advances [Abstract]
Disclosure of loans and advances [Line Items]
Loans and advances, gross 68,354,048.00 14,031,405.00 6,504,415.00 0
Allowance for bad and doubtful loans and advances 0 0 0 0
Loans and advances 68,354,048.00 14,031,405.00 6,504,415.00 0
Details of loans and advances due by directors, other officers
or others [Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Details of loans and advances due by firms or companies in
which any director is partner or director [Abstract]
Loans and advances due by firms in which any director is
partner 0 0 0 0
Total loans and advances due by firms or companies in
which any director is partner or director 0 0 0 0

Loans and advances [Table] ..(6)

Unless otherwise specified, all monetary values are in INR

Classification based on time period [Axis] Short-term [Member]
Classification of loans and advances [Axis] Other loans and advances [Member] Prepaid expenses [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Loans and advances [Abstract]
Disclosure of loans and advances [Line Items]
Loans and advances, gross 70,375,862.00 24,257,650.00 18,632,704.00 440,432.00
Allowance for bad and doubtful loans and advances 0 0 0 0
Loans and advances 70,375,862.00 24,257,650.00 18,632,704.00 440,432.00
Details of loans and advances due by directors, other officers
or others [Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Details of loans and advances due by firms or companies in
which any director is partner or director [Abstract]
Loans and advances due by firms in which any director is
partner 0 0 0 0
Total loans and advances due by firms or companies in
which any director is partner or director 0 0 0 0

Loans and advances [Table] ..(7)

Unless otherwise specified, all monetary values are in INR

Classification based on time period [Axis] Short-term [Member]
Deposits with statutory authorities
Classification of loans and advances [Axis] [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2021 FY 2020
Loans and advances [Abstract]
Disclosure of loans and advances [Line Items]
Loans and advances, gross 51,743,158.00 23,817,218.00
Allowance for bad and doubtful loans and advances 0 0
Loans and advances 51,743,158.00 23,817,218.00
Details of loans and advances due by directors, other officers or others [Abstract]
Loans and advances due by directors 0 0
Loans and advances due by other officers 0 0
Details of loans and advances due by firms or companies in which any director is partner or director
[Abstract]
Loans and advances due by firms in which any director is partner 0 0
Total loans and advances due by firms or companies in which any director is partner or director 0 0

Classification of inventories [Table]

Unless otherwise specified, all monetary values are in INR

24
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Classification of inventories [Axis] Company total inventories [Member] Stock-in-trade [Member]

Period FY 2021 FY 2020 FY 2021 FY 2020
Classification of inventories [Abstract]
Details of inventories [Line Items]
Inventories 413,473,655.00 136,711,147.00 413,473,655.00 136,711,147.00
Textual Textual Textual Textual
Mode of valuation Information (1) Information (2) Information (3) Information (4)

Subclassification of trade receivables [Table]

Unless otherwise specified, all monetary values are in INR
Classification of assets based on security
Classification of assets based on security [Axis] [Member] Unsecured considered good [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Subclassification of trade receivables [Abstract]
Subclassification of trade receivables [Line Items]
Breakup of trade receivables [Abstract]
Trade receivables, gross 338,426,834.00 106,057,685.00 338,426,834.00 106,057,685.00
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 338,426,834.00 106,057,685.00 338,426,834.00 106,057,685.00
Details of trade receivables due by directors, other officers or
others [Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Details of trade receivables due by firms or companies in
which any director is partner or director [Abstract]
Total trade receivables due by firms or companies in which
any director is partner or director 0 0

Textual information (1): Mode of valuation

Traded goods are valued at lower of cost and net realizable value. Cost includes cost of purchase and other costs incurred in bringing the
inventories to their present location and condition. Cost is determined on a weighted average basis. Net realizable value is the estimated selling
price in the ordinary course of business, less estimated costs of completion and estimated costs necessary to make the sale.

Textual information (2): Mode of valuation

Traded goods are valued at lower of cost and net realizable value. Cost includes cost of purchase and other costs incurred in bringing the
inventories to their present location and condition. Cost is determined on a weighted average basis. Net realizable value is the estimated selling
price in the ordinary course of business, less estimated costs of completion and estimated costs necessary to make the sale.

Textual information (3): Mode of valuation

Traded goods are valued at lower of cost and net realizable value. Cost includes cost of purchase and other costs incurred in bringing the
inventories to their present location and condition. Cost is determined on a weighted average basis. Net realizable value is the estimated selling
price in the ordinary course of business, less estimated costs of completion and estimated costs necessary to make the sale.

Textual information (4): Mode of valuation

Traded goods are valued at lower of cost and net realizable value. Cost includes cost of purchase and other costs incurred in bringing the
inventories to their present location and condition. Cost is determined on a weighted average basis. Net realizable value is the estimated selling
price in the ordinary course of business, less estimated costs of completion and estimated costs necessary to make the sale.

25
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[200700] Notes - Additional disclosures on balance sheet

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Textual
Disclosure of additional balance sheet notes explanatory [Text Block] Information (5)
Additional balance sheet notes [Abstract]
Contingent liabilities and commitments [Abstract]
Classification of contingent liabilities [Abstract]
(A) 14,271,530.0
Guarantees 0 0
Total contingent liabilities 14,271,530.00 0
Total contingent liabilities and commitments 14,271,530.00 0
Details regarding dividends [Abstract]
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity shareholders [INR/shares] 0 [INR/shares] 0
Details of deposits [Abstract]
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Details of share application money received and paid [Abstract]
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [pure] 0 [pure] 0
Number of person share application money received during year [pure] 0 [pure] 0
Number of person share application money paid as at end of year [pure] 0 [pure] 0
Number of person share application money received as at end of year [pure] 0 [pure] 0
Details regarding cost records and cost audit[Abstract]
Details regarding cost records [Abstract]
Whether maintenance of cost records by company has been mandated under Companies (Cost Records
and Audit) Rules, 2014 No No
Net worth of company 1,820,489,909.00 1,531,435,697.00
Details of unclaimed liabilities [Abstract]
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Financial parameters balance sheet items [Abstract]
Number of warrants converted into equity shares during period [pure] 0 [pure] 0
Number of warrants converted into preference shares during period [pure] 0 [pure] 0
Number of warrants converted into debentures during period [pure] 0 [pure] 0
Number of warrants issued during period (in foreign currency) [pure] 0 [pure] 0
Number of warrants issued during period (INR) [pure] 0 [pure] 0

Footnotes

(A)

(a) Estimated amount of contracts remaining to be executed on capital account (net of advances) and not provided for as at March 31, 2021: Nil
(March 31, 2020: Nil). (b) For commitments relating to lease arrangements refer note 26. (c) The holders of all classes of NCCCPS are entitled to
call all or part of the securities held by them at valuations prescribed in the shareholders agreement, in the event the Company and the
promoters fail to complete either qualified public offer or strategic sale or buyback within the exit period or material breach of the transaction
documents by the promoters or the Company, subject to certain conditions prescribed in the shareholders agreement. The Company is confident
that it will be able to create an exit for all classes of NCCCPS shareholders by either qualified public offer or strategic sale or buyback in near
future and accordingly no provision is required in this regard. (d) The Company has entered into a celebrity endorsement agreement
('Agreement') dated April 4th, 2018 with Shilpa Shetty Kundra ('Celebrity') and an addendum to the Agreeement dated May 30th, 2020. As per
the addendum, the celebrity is entitled to Rs. 10,000,000 as fixed remuneration for 1 year from May 30th, 2020 to May 29th, 2021 and
additionally Rs 1,000,000 for each of the two workdays of the celebrity. Accordingly, the Company has accounted for the cost over the period of
the agreement. As per the agreement, the company would issue to the celebrity a warrant certificate of Rs 10,000,000 on completion of the
agreement. The celebrity at her sole discretion shall be entitled to exercise the warrant on expiry of the term of the agreement or on earlier
termination of the agreement. Accordingly, the warrant has not yet been exercised and hence no accounting is required to be done as at March
31, 2021. (e) Contingent Liabilities March 31, 2021March 31, 2020 (Rs)(Rs) i) Claims against the Company not acknowledged as debts* - - ii)
Bank guarantee** 1,42,71,530 - 1,42,71,530 - *The Company has certain disputes, lawsuits and claims, which arise in from time to time in the
ordinary course of business. The Company believes that these matters are not expected to have material impact on its financial statements.

26
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

**Includes Bank Guarantees issued in favour of Hewlett Packard Financial Services (India) Pvt Ltd against laptops taken on finance lease.

Textual information (5): Disclosure of additional balance sheet notes explanatory [Text Block]

'25. Capital and other commitments

(a) Estimated amount of contracts remaining to be executed on capital account (net of advances) and not provided for as at March 31, 2021:
Nil (March 31, 2020: Nil).
(b) For commitments relating to lease arrangements refer note 26.
(c) The holders of all classes of NCCCPS are entitled to call all or part of the securities held by them at valuations prescribed in the
shareholders agreement, in the event the Company and the promoters fail to complete either qualified public offer or strategic sale or buyback
within the exit period or material breach of the transaction documents by the promoters or the Company, subject to certain conditions prescribed
in the shareholders agreement. The Company is confident that it will be able to create an exit for all classes of NCCCPS shareholders by either
qualified public offer or strategic sale or buyback in near future and accordingly no provision is required in this regard.
(d) The Company has entered into a celebrity endorsement agreement ('Agreement') dated April 4th, 2018 with Shilpa Shetty Kundra
('Celebrity') and an addendum to the Agreeement dated May 30th, 2020. As per the addendum, the celebrity is entitled to Rs. 10,000,000 as
fixed remuneration for 1 year from May 30th, 2020 to May 29th, 2021 and additionally Rs 1,000,000 for each of the two workdays of the celebrity.
Accordingly, the Company has accounted for the cost over the period of the agreement. As per the agreement, the company would issue to the
celebrity a warrant certificate of Rs 10,000,000 on completion of the agreement. The celebrity at her sole discretion shall be entitled to exercise
the warrant on expiry of the term of the agreement or on earlier termination of the agreement. Accordingly, the warrant has not yet been
exercised and hence no accounting is required to be done as at March 31, 2021.
(e) Contingent Liabilities

March 31, 2021 March 31, 2020

(Rs) (Rs)

i) Claims against the Company not acknowledged as debts* - -

ii) Bank guarantee** 14,271,530 -

14,271,530 -

*The Company has certain disputes, lawsuits and claims, which arise in from time to time in the ordinary course of business. The Company
believes that these matters are not expected to have material impact on its financial statements.
**Includes Bank Guarantees issued in favour of Hewlett Packard Financial Services (India) Pvt Ltd against laptops taken on finance lease.
'26. Leases
Operating lease : Company as a lessee
Office and other premises taken on lease
The Company has occupied office facilities and other premises under non-cancellable operating lease agreements. The Company intends to
renew such leases in the normal course of its business. Total rental expense under non-cancellable operating leases was Rs. 11,260,743 for the
year ended March 31, 2021 (for the year ended March 31, 2020 Rs. 2,369,444).
The total future minimum lease payments under the non-cancellable leases are as follows:

March 31, 2021 March 31, 2020

(Rs) (Rs)

Within one year 41,100,000 389,813

After one year but not more than 5 years 52,857,500 -

93,957,500 389,813

The Company has also occupied office facilities and other premises under cancellable operating lease agreements. The Company intends to
renew such leases in the normal course of its business. Total rental expense under cancellable operating leases was Rs. 8,529,458 for the year
ended March 31, 2021 (for the year ended March 31, 2020: Rs. 5,293,516). Office and other premises are obtained on operating lease for terms
ranging from 1-5 years and are renewable at the option of the Company or lessor.
Finance lease : Company as a lessee
Computers & Peripherals taken on lease
The Company has finance leases for computer equipment. These leases have terms of renewal and bargain purchase option. However, there is
no escalation clause. Future minimum lease payments (MLP) under finance leases together with the present value of the net MLP are as follows:

March 31, 2021 March 31, 2020

Present value of
Period Minimum payments Present value of MLP Minimum payments
MLP

` ` ` `

Within one year 4,272,561 3,888,850 - -

27
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

After one year but not more than five years 6,117,544 5,045,964 - -

Total minimum lease payments 10,390,105 8,934,814 - -

Less: amounts representing finance charges (1,455,292) - - -

Present value of minimum lease payments 8,934,814 8,934,814 - -

'27. Employee benefits

The Company operates a defined benefit gratuity plan for its employees. Under the gratuity plan, every employee who has completed at least five
years of service gets a gratuity on departure at 15 days of last drawn salary for each completed year of service.
The principal assumptions used in determining gratuity and leave benefit obligations for the Company's plan are as follows:

March 31, 2021 March 31, 2020

Discount rate 6.76% 6.76%

Salary escalation rate 10.00% 10.00%

Employee turnover 10.00% 10.00%

Retirement age 60 60

The estimates of future salary increases, considered in actuarial valuation, take account of inflation, seniority, retention policy, standing of the
Company, promotion and other relevant factors, such as supply and demand in the employment market.
Statement of profit and loss
Net employee benefit expense recognized in the employee benefits expense

March 31, 2021 March 31, 2020

(Rs) (Rs)

Current service cost 6,243,514 2,280,167

Interest cost on benefit obligation 218,832 52,875

Expected return on plan assets - -

Net actuarial gain recognized in the year (113,982) 213,841

Net benefit expense 6,348,364 2,546,883

Balance sheet

Benefit asset/ (liability)

March 31, 2021 March 31, 2020

(Rs) (Rs)

Present value of defined benefit obligation (9,585,525) (3,237,161)

Fair value of plan assets - -

Plan asset / (liability) (9,585,525) (3,237,161)

Changes in the present value of the defined benefit

obligation are as follows:

March 31, 2021 March 31, 2020

(Rs) (Rs)

Opening defined benefit obligation 3,237,161 690,278

Current service cost 6,243,514 2,280,167

Interest cost 218,832 52,875

Benefits paid - -

Actuarial gains on obligation (113,982) 213,841

Closing defined benefit obligation 9,585,525 3,237,161

March 31, 2021 March 31, 2020 March 31, 2019

Amounts for the current and previous two periods are as
follows:
(Rs) (Rs) (Rs)

Defined benefit obligation (9,585,525) (3,237,161) (690,278)

28
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Plan assets - - -

Deficit (9,585,525) (3,237,161) (690,278)

Experience adjustments on plan liabilities (113,982) 213,841 -

Experience adjustments on plan assets - - -

28. Earnings/(Loss) per share

Particulars March 31, 2021 March 31, 2020

(Rs) (Rs)

Profit/(Loss) after tax (A) 245,918,744 (59,194,805)

Weighted average number of equity shares used for calculation of basic

earnings per share

Equity shares of Rs. 10 each (B) 10,210 10,200

Equity shares of Rs. 100 each (C) 2,900 2,900

Potentially dilutive shares

Equity shares of Rs. 10 each (D) 11,805 -

Equity shares of Rs. 100 each (E) - -

Weighted average number of equity shares used for calculation of diluted

earnings per share

Equity shares of Rs. 10 each (F=B+D) 22,015 10,200

Equity shares of Rs. 100 each (G=C+E) 2,900 2,900

Profit/(Loss) for computing Basic and Diluted earnings/(Loss) per share

Profit/(Loss) for equity shares of Rs 10 each (H) 191,520,242 (43,669,145)

Profit/(Loss) for equity shares of Rs 100 each (I) 54,398,502 (12,415,132)

Basic earnings/(loss) per share

Equity shares of Rs. 10 each (H/B) 18,758 (4,281)

Equity shares of Rs. 100 each (I/C) 18,758 (4,281)

Diluted earnings/(loss) per share

Equity shares of Rs. 10 each (H/F) 8,699 (4,281)

Equity shares of Rs. 100 each (I/G) 18,758 (4,281)

Weighted average number of equity shares (basic)

Particulars March 31, 2021 March 31, 2020

(Rs) (Rs)

Opening balances 13,107 13,100

Shares issued during the year 18 7

Weighted average number of equity shares for the year 13,110 13,100

Weighted average number of equity shares (diluted)

Particulars March 31, 2021 March 31, 2020

(Rs) (Rs)

Weighted average number of equity shares (basic) 13,110 13,100

Effect of exercise of share option 333 -

Effect of convertible preference shares 11,472 -

Weighted average number of equity shares (diluted) for the year 24,915 13,100

30. Employee stock option plan

29
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

The Company provides share-based payment schemes to its employees.

The Company has adopted the Guidance Note issued by the Institute of
Chartered Accountants of India w.e.f September 25, 2017 for accounting of
ESOP scheme.

On August 02, 2018, the Board of Directors approved the equity settled
"Honasa Consumer Private Limited Employees Stock Option Plan 2018" for
issue of stock options to various employees of the Company. According to
the scheme, the employees will be entitled to options, subject to their
continued employment with the Company. There would be graded vesting
on annual basis for the next 4 years. The contractual life (comprising the
vesting period and the exercise period) of options granted is from the date of
such grant till the resignation of the employee. The other relevant terms of
the grant are as below:

Particulars March 31, 2021 March 31, 2020

Vesting period 4 years 4 years

Grant dates Various Various

Till the resignation of the Till the resignation of the

Exercise period
employee employee

Rs.25,889, Rs. 25,889,

Exercise price
Rs. 54,522 and 263,566 Rs. 54,522 and 263,566

Rs. 25,889, Rs. 54,522, Rs Rs. 25,889,

Intrinsic value on date of grant 263,566, Rs. 869,248 and Rs.
1,054,529 Rs. 54,522 and 263,566

* In the absence of fair value report on the date of grant of ESOP's, the fair value used for issue of NCCCPS have been considered as intrinsic
value.

Particulars March 31, 2021 March 31, 2020

No. of options WAEP (Rs) No. of options WAEP (Rs)

Outstanding at the beginning of the year 279 116,143 167 51,264

Granted during the year 168 263,566 140 181,232

Forfeited during the year - - 21 54,512

Exercised during the year 18 49,742 7 54,512

Outstanding at the end of the year 429 176,662 279 116,143

Exercisable at the end of the year 75 105,156 42 49,383

'The Company measures the cost of ESOP using the intrinsic value method as per the Guidance note issued by the Institute of Chartered
Accountants of India. In the absence of fair value details for such ESOP's, the management has not made disclosure of impact of using fair
value model for computing such costs on loss before tax and loss per share.

31. Value of imports calculated on CIF basis

March 31, 2021 March 31, 2020

(Rs) (Rs)

Purchases of traded goods - -

- -

Earnings in foreign
32.
currency

March 31, 2021 March 31, 2020

(Rs) (Rs)

Sale of products 82,269,598 8,622,684

82,269,598 8,622,684

30
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Expenditure in foreign
33. currency (on accrual
basis):

March 31, 2021 March 31, 2020

(Rs) (Rs)

Communication costs

Legal and professional

fees

Software support
4,292,744 653,170
expenses

Travelling and
26,467 267,943
conveyance

Advertising and sales

25,355,924 3,493,525
promotion

Sales commission - 1,088,895

Freight and forwarding

1,275,080 1,770,368
charges

30,950,215 7,273,901

Imported and
indigenous raw
36. material and
components
consumed

March 31, 2019 March 31, 2018

% of total Consumption
% of total Consumption Value
consumption Value

consumption

Raw materials
and components

Imported 6% 9,053,925 2% 1,031,104

Indigenous 94% 139,004,322 98% 53,433,725

100% 148,058,248 100% 54,464,829

Unhedged
34. foreign currency
exposure

March 31, 2021 March 31, 2020

FC Value (Rs) FC Value (Rs)

Trade payable

-AED 1,209,850 24,136,508 - -

-USD 691 50,770 - -

Trade
receivable

-AED 1,122,265 22,434,073 - -

-USD 219,372 16,124,873 3,083 232,370

Advance from
customers

-GBP 2,884 271,531 - -

-USD 940 69,058 - -

31
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Advance to
Suppliers

-AED 40,000 798,000

Cash in hand

-AED 670 13,364 - -

2,596,671 63,898,176 3,083 232,370

'35. Details of dues to micro and small enterprises as defined under the MSMED Act, 2006
Disclosure of dues/ payments to micro and small enterprises as envisaged under the Micro, Small and Medium Enterprises Development Act,
2006 (MSMED) to the extent such enterprises are identified by the Company:

Particulars March 31, 2021 March 31, 2020

(Rs) (Rs)

The principal amount and the interest due thereon remaining unpaid to any supplier as at the end
of each accounting year

Principal amount due to micro and small enterprises 120,361,360 76,876,497

Interest due on above 852,597 40,181

The amount of interest paid by the buyer in terms of section 16 of the MSMED Act 2006 along
with the amounts of the payment made to the supplier beyond the appointed day during each - -
accounting year

The amount of interest due and payable for the period of delay in making payment (which have
been paid but beyond the appointed day during the year) but without adding the interest - -
specified under the MSMED Act 2006.

The amount of interest accrued and remaining unpaid at the end of each accounting year 852,597 40,181

The amount of further interest remaining due and payable even in the succeeding years, until
such date when the interest dues as above are actually paid to the small enterprise for the 947,711 95,114
purpose of disallowance as a deductible expenditure under section 23 of the MSMED Act 2006

Note: The above information has been determined based on the vendors identified by the Company and confirmed by the vendors.
'36. The Code on Social Security, 2020 (the Code) relating to employee benefits during employment and post-employment benefits, received
President's assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come
into effect has not been notified and the final rules/interpretation have not yet been issued. The Company will assess the impact of the Code
when it comes into effect and will record any related impact accordingly.
'37. The Company has considered the possible effects that may result from the COVID-19 pandemic on the carrying value of assets including
property, plant and equipment, intangible assets, loans, inventories and receivables. The Company has used the principles of prudence in
applying judgements, estimates and assumptions and based on the current estimates, the Company expects to fully recover the carrying amount
of its assets. The impact of the pandemic may be different from that estimated as at the date of approval of these financial statements and the
Company will continue to closely monitor any material changes to its assessment of economic impact of COVID- 19 pandemic.
'38. The figures of the previous period have been regrouped/ reclassified, wherever necessary, to conform with the current year classification.

32
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Textual
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block] Information (6)

Textual information (6): Disclosure of accounting policies, change in accounting policies and changes in estimates
explanatory [Text Block]

1. Corporate Information
Honasa Consumer Private Limited (‘the Company’) was incorporated under the provisions of the Companies Act, 2013 (‘the Act’) on September
16, 2016 in New Delhi. The Company is engaged in the trading of variety of personal care products such as baby care, skin care, hair and other
related products which are manufactured through third party contract manufacturers under the brand name of ‘Mamaearth’ and ‘The Derma Co’.
2. Basis of preparation
The financial statements of the Company have been prepared in accordance with the generally accepted accounting principles in India (Indian
GAAP). The company has prepared these financial statements to comply in all material respects with the accounting principles generally
accepted in India, including the Companies (Accounting Standards) Rules, 2006 (as amended) specified under section 133 of the Act, read with
the Companies (Accounts) Rules, 2014.
The financial statements have been prepared on an accrual basis and under the historical cost convention. The accounting policies adopted in
the preparation of financial statements are consistent with those of previous year.
2.1 Summary of significant accounting policies
Use of estimates
The preparation of financial statements in conformity with Indian GAAP requires the management to make judgments, estimates and
assumptions that affect the reported amounts of revenues, expenses, assets and liabilities and the disclosure of contingent liabilities, at the end
of the reporting period. Although these estimates are based on the management’s best knowledge of current events and actions, uncertainty
about these assumptions and estimates could result in the outcomes requiring a material adjustment to the carrying amounts of assets or
liabilities in future periods. Any revision to accounting estimates is recognized prospectively.
Property, plant and equipment
Property, plant and equipment are stated at cost, net of accumulated depreciation and accumulated impairment losses, if any. The cost
comprises purchase price, borrowing costs if capitalization criteria are met, directly attributable cost of bringing the asset to its working condition
for the intended use and initial estimate of decommissioning, restoring and similar liabilities. Any trade discounts and rebates are deducted in
arriving at the purchase price. Such cost includes the cost of replacing part of the plant and equipment. When significant parts of plant and
equipment are required to be replaced at intervals, the Company depreciates them separately based on their specific useful lives. Likewise,
when a major inspection is performed, its cost is recognized in the carrying amount of the plant and equipment as a replacement if the
recognition criteria are satisfied. All other repair and maintenance costs are recognized in profit or loss as incurred. Items of stores and spares
that meet the definition of property, plant and equipment are capitalized at cost and depreciated over their useful life. Otherwise, such items are
classified as inventories.
Gains or losses arising from derecognition of property, plant and equipment are measured as the difference between the net disposal proceeds
and the carrying amount of the asset and are recognized in the statement of profit and loss when the asset is derecognized.
The Company identifies and determines cost of each component/ part of the asset separately, if the component/ part has a cost which is
significant to the total cost of the asset and has useful life that is materially different from that of the remaining asset.
Depreciation on property, plant and equipment
Depreciation on property, plant and equipment is provided on the written down value method basis using the useful lives as below:

Property, plant and equipment Useful lives (in years)

Office equipment 5

Plant & machinery 3-8

Furniture & fixtures 10

Computer & peripherals 3

Leasehold improvement is depreciated on the written down value method over the lease period of 3 years or estimated useful life whichever is
less.
Management, based on technical estimates, believes that the above useful life will result in more appropriate presentation and will give a
systematic basis of depreciation charge, representative of the time pattern in which the economic benefits will be derived from the use of these
assets.
The residual values, useful lives and methods of depreciation of property, plant and equipment are reviewed at each financial year end and
adjusted prospectively, if appropriate.
Intangible assets
Intangible assets acquired separately are measured on initial recognition at cost. Following initial recognition, intangible assets are carried at cost
less accumulated amortization and accumulated impairment losses, if any. Intangible assets are amortized on a straight line basis over the
estimated useful economic life of 5 years.

33
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Gains or losses arising from derecognition of an intangible asset are measured as the difference between the net disposal proceeds and the
carrying amount of the asset and are recognized in the statement of profit and loss when the asset is derecognized.
Impairment of property, plant and equipment and intangible assets
The Company assesses at each reporting date whether there is an indication that property, plant and equipment or intangible asset may be
impaired. If any indication exists, or when annual impairment testing for an asset is required, the Company estimates the asset’s recoverable
amount. An asset’s recoverable amount is the higher of an asset’s or cash-generating unit’s (CGU) net selling price and its value in use. The
recoverable amount is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those
from other assets or groups of assets. Where the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered
impaired and is written down to its recoverable amount. In assessing value in use, the estimated future cash flows are discounted to their present
value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. In
determining net selling price, recent market transactions are taken into account, if available. If no such transactions can be identified, an
appropriate valuation model is used.
Impairment losses are recognized in the statement of profit and loss. After impairment, depreciation is provided on the revised carrying amount of
the asset over its remaining useful life.
Leases
Where the Company is lessee
Finance lease
Finance leases, which effectively transfer to the Company substantially all the risks and benefits incidental to ownership of the leased item, are
capitalized at the inception of the lease term at the lower of the fair value of the leased property and present value of minimum lease payments.
Lease payments are apportioned between the finance charges and reduction of the lease liability so as to achieve a constant rate of interest on
the remaining balance of the liability. Finance charges are recognized as finance costs in the statement of profit and loss. Lease management
fees, legal charges and other initial direct costs of lease are capitalized.
A leased asset is depreciated on a straight-line basis over the useful life of the asset. However, if there is no reasonable certainty that the
Company will obtain the ownership by the end of the lease term, the capitalized asset is depreciated on a straight-line basis over the shorter of
the estimated useful life of the asset or the lease term.
Operating Lease
Leases, where the lessor effectively retains substantially all the risks and benefits of ownership of the leased item, are classified as operating
leases. Operating lease payments are recognized as an expense in the statement of profit and loss on a straight-line basis over the lease term.
Revenue recognition
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably
measured.
The following specific recognition criteria must also be met before revenue is recognized:
Sale of goods
Revenue from sale of goods is recognized when all the significant risks and rewards of ownership of the goods have been passed to the buyer at
the time of delivery based on terms of the contract. The Company collects Goods and Services Tax (GST) on behalf of the government and,
therefore, these are not economic benefits flowing to the Company. Hence, they are excluded from revenue. Revenue from sale of goods are
accounted net of sales returns, trade discounts and other promotional discounts, if any.
Interest
Interest income is recognized on a time proportion basis taking into account the amount outstanding and the applicable interest rate. Interest
income is included under the head “other income” in the statement of profit and loss.
Inventories
Traded goods are valued at lower of cost and net realizable value. Cost includes cost of purchase and other costs incurred in bringing the
inventories to their present location and condition. Cost is determined on a weighted average basis.
Net realizable value is the estimated selling price in the ordinary course of business, less estimated costs of completion and estimated costs
necessary to make the sale.
Foreign currency translation - Foreign currency transactions and balances
i. Initial recognition - Foreign currency transactions are recorded in the reporting currency, by applying to the foreign currency amount the
exchange rate between the reporting currency and the foreign currency at the date of the transaction.
ii. Conversion - Foreign currency monetary items are retranslated using the exchange rate prevailing at the reporting date. Non-monetary items,
which are measured in terms of historical cost denominated in a foreign currency, are reported using the exchange rate at the date of the
transaction. Non-monetary items, which are measured at fair value or other similar valuation denominated in a foreign currency, are translated
using the exchange rate at the date when such value was determined.
iii. Exchange differences - The Company accounts for exchange differences arising on translation/ settlement of foreign currency monetary items
as income or as expense in the period in which they arise.
Retirement and other employee benefits
Retirement benefits in the form of Employee Provident Fund and Employee State Insurance are defined contribution schemes (collectively the
‘Schemes’). The Company has no obligation, other than the contribution payable to the Schemes. The Company recognizes contribution payable
to the Schemes as expenditure, when an employee renders the related service. The contribution paid in excess of amount due is recognized as
an asset and the contribution due in excess of amount paid is recognized as a liability.
Gratuity is a defined benefit obligation and is provided for on the basis of an actuarial valuation using projected unit credit method, made at the
end of each financial year. Actuarial gains and losses are recognized in full in the period in which they occur in the statement of profit and loss.
Accumulated leave, which is expected to be utilized within the next twelve months, is treated as short-term employee benefit. The Company
measures the expected cost of such absences as the additional amount that it expects to pay as a result of the unused entitlement that has

34
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

accumulated at the reporting date.

The Company treats accumulated leave expected to be carried forward beyond twelve months, as long-term employee benefit for measurement
purposes. Such long-term compensated absences are provided for based on the actuarial valuation using the projected unit credit method, made
at the end of each financial year. Actuarial gains/losses are immediately taken to the statement of profit and loss. The Company presents the
accumulated leave liability as a current liability in the balance sheet, since it does not have an unconditional right to defer its settlement for twelve
months after the reporting date.
Income taxes
Tax expense comprises current and deferred tax. Current income-tax is measured at the amount expected to be paid to the tax authorities in
accordance with the Income-tax Act, 1961 enacted in India and tax laws prevailing in the respective tax jurisdictions where the Company
operates. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted, at the reporting date.
Deferred income taxes reflect the impact of timing differences between taxable income and accounting income originating during the current year
and reversal of timing differences for the earlier years. Deferred tax is measured using the tax rates and the tax laws enacted or substantively
enacted at the reporting date.
Deferred tax liabilities are recognized for all taxable timing differences. Deferred tax assets are recognized for deductible timing differences only
to the extent that there is reasonable certainty that sufficient future taxable income will be available against which such deferred tax assets can
be realized. In situations where the Company has unabsorbed depreciation or carry forward tax losses, all deferred tax assets are recognized
only if there is virtual certainty supported by convincing evidence that they can be realized against future taxable profits.
At each reporting date, the Company re-assesses unrecognized deferred tax assets. It recognizes unrecognized deferred tax asset to the extent
that it has become reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will be available against which
such deferred tax assets can be realized.
The carrying amount of deferred tax assets are reviewed at each reporting date. The Company writes-down the carrying amount of deferred tax
asset to the extent that it is no longer reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will be
available against which deferred tax asset can be realized.
Earnings/(Loss) Per Share
Basic earnings/(Loss) per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders by the weighted
average number of equity shares outstanding during the period. Partly paid equity shares are treated as a fraction of an equity share to the extent
that they are entitled to participate in dividends relative to a fully paid equity share during the reporting period.
For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity shareholders and the weighted
average number of shares outstanding during the period are adjusted for the effects of all dilutive potential equity shares.
Provisions
A provision is recognized when the Company has a present obligation as a result of past event, it is probable that an outflow of resources
embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation.
Provisions are not discounted to their present value and are determined based on the best estimate required to settle the obligation at the
reporting date. These estimates are reviewed at each reporting date and adjusted to reflect the current best estimates.
Contingent liabilities
A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence or non-occurrence
of one or more uncertain future events beyond the control of the Company or a present obligation that is not recognized because it is not
probable that an outflow of resources will be required to settle the obligation. A contingent liability also arises in extremely rare cases where there
is a liability that cannot be recognized because it cannot be measured reliably. The Company does not recognize a contingent liability but
discloses its existence in the financial statements.
Employee stock option
Employees of the Company receive remuneration in the form of share-based payment transactions, whereby employees render services as
consideration for equity instruments (equity-settled transactions).
In accordance with the Guidance Note on Accounting for Employee Share-based Payments, the cost of equity-settled transactions is measured
using the intrinsic value method. The cumulative expense recognized for equity-settled transactions at each reporting date until the vesting date
reflects the extent to which the vesting period has expired and the Company’s best estimate of the number of equity instruments that will
ultimately vest. The expense or credit recognized in the statement of profit and loss for a period represents the movement in cumulative expense
recognized as at the beginning and end of that period and is recognized in employee benefits expense.
Cash and cash equivalents
Cash and cash equivalents for the purposes of cash flow statement comprise cash at bank and in hand and short-term investments with an
original maturity of three months or less.
Investments
Current investments are carried in the financial statements at lower of cost and fair value determined on an individual investment basis.
Long-term investments are carried at cost. However, provision for diminution in value is made to recognize a decline other than temporary in the
value of the investments.
On disposal of an investment, the difference between its carrying amount and net disposal proceeds is charged or credited to the statement of
profit and loss.
Segment reporting
The Company's business activity falls within a single business segment i.e. business of trading of personal care products. Further, the
Company's operations are predominantly in India and there are no significant operations outside of India. Hence, there are no material additional
disclosures to be provided under Accounting Standard 17 - Segment Reporting, other than those already provided in the financial statements.
<<This space has been intentionally left blank>>

35
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[201000] Notes - Tangible assets

Disclosure of tangible assets [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 22,104,828.00 4,616,970.00 22,104,828.00 4,616,970.00
Depreciation tangible assets -4,702,513.00 -3,091,120.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 726,122.00 0 1,528,202.00 0
Total disposals tangible assets 726,122.00 0 1,528,202.00 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 16,676,193.00 1,525,850.00 20,576,626.00 4,616,970.00
Tangible assets at end of period 20,831,323.00 4,155,130.00 28,653,234.00 8,076,608.00

Disclosure of tangible assets [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 4,702,513.00 3,091,120.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 802,080.00 0
Total disposals tangible assets 802,080.00 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 3,900,433.00 3,091,120.00
Tangible assets at end of period 7,821,911.00 3,921,478.00

Disclosure of tangible assets [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 22,104,828.00 4,616,970.00 22,104,828.00 4,616,970.00
Depreciation tangible assets -4,702,513.00 -3,091,120.00
Impairment loss recognised in profit or loss tangible assets 0 0

36
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Reversal of impairment loss recognised in profit or loss

tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 726,122.00 0 1,528,202.00 0
Total disposals tangible assets 726,122.00 0 1,528,202.00 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 16,676,193.00 1,525,850.00 20,576,626.00 4,616,970.00
Tangible assets at end of period 20,831,323.00 4,155,130.00 28,653,234.00 8,076,608.00

Disclosure of tangible assets [Table] ..(4)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 4,702,513.00 3,091,120.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 802,080.00 0
Total disposals tangible assets 802,080.00 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 3,900,433.00 3,091,120.00
Tangible assets at end of period 7,821,911.00 3,921,478.00

Disclosure of tangible assets [Table] ..(5)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Plant and equipment [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 5,327,500.00 95,000.00 5,327,500.00 95,000.00
Depreciation tangible assets -779,256.00 -54,413.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0 0 0
Total disposals tangible assets 0 0 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 4,548,244.00 40,587.00 5,327,500.00 95,000.00
Tangible assets at end of period 4,723,151.00 174,907.00 5,569,751.00 242,251.00

Disclosure of tangible assets [Table] ..(6)

Unless otherwise specified, all monetary values are in INR

37
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Classes of tangible assets [Axis] Plant and equipment [Member]

Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 779,256.00 54,413.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0
Total disposals tangible assets 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 779,256.00 54,413.00
Tangible assets at end of period 846,600.00 67,344.00

Disclosure of tangible assets [Table] ..(7)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Plant and equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 5,327,500.00 95,000.00 5,327,500.00 95,000.00
Depreciation tangible assets -779,256.00 -54,413.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0 0 0
Total disposals tangible assets 0 0 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 4,548,244.00 40,587.00 5,327,500.00 95,000.00
Tangible assets at end of period 4,723,151.00 174,907.00 5,569,751.00 242,251.00

Disclosure of tangible assets [Table] ..(8)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Plant and equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 779,256.00 54,413.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0
Total disposals tangible assets 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 779,256.00 54,413.00
Tangible assets at end of period 846,600.00 67,344.00

38
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Disclosure of tangible assets [Table] ..(9)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Furniture and fixtures [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 2,326,127.00 1,424,372.00 2,326,127.00 1,424,372.00
Depreciation tangible assets -606,497.00 -226,018.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0 0 0
Total disposals tangible assets 0 0 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 1,719,630.00 1,198,354.00 2,326,127.00 1,424,372.00
Tangible assets at end of period 3,146,582.00 1,426,952.00 4,009,699.00 1,683,572.00

Disclosure of tangible assets [Table] ..(10)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Furniture and fixtures [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 606,497.00 226,018.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0
Total disposals tangible assets 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 606,497.00 226,018.00
Tangible assets at end of period 863,117.00 256,620.00

Disclosure of tangible assets [Table] ..(11)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Furniture and fixtures [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 2,326,127.00 1,424,372.00 2,326,127.00 1,424,372.00
Depreciation tangible assets -606,497.00 -226,018.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0 0 0

39
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Total disposals tangible assets 0 0 0 0

Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 1,719,630.00 1,198,354.00 2,326,127.00 1,424,372.00
Tangible assets at end of period 3,146,582.00 1,426,952.00 4,009,699.00 1,683,572.00

Disclosure of tangible assets [Table] ..(12)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Furniture and fixtures [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 606,497.00 226,018.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0
Total disposals tangible assets 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 606,497.00 226,018.00
Tangible assets at end of period 863,117.00 256,620.00

Disclosure of tangible assets [Table] ..(13)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 2,413,729.00 836,793.00 2,413,729.00 836,793.00
Depreciation tangible assets -887,096.00 -270,774.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0 0 0
Total disposals tangible assets 0 0 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 1,526,633.00 566,019.00 2,413,729.00 836,793.00
Tangible assets at end of period 2,356,536.00 829,903.00 3,615,321.00 1,201,592.00

Disclosure of tangible assets [Table] ..(14)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]

40
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Depreciation tangible assets 887,096.00 270,774.00

Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0
Total disposals tangible assets 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 887,096.00 270,774.00
Tangible assets at end of period 1,258,785.00 371,689.00

Disclosure of tangible assets [Table] ..(15)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 2,413,729.00 836,793.00 2,413,729.00 836,793.00
Depreciation tangible assets -887,096.00 -270,774.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0 0 0
Total disposals tangible assets 0 0 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 1,526,633.00 566,019.00 2,413,729.00 836,793.00
Tangible assets at end of period 2,356,536.00 829,903.00 3,615,321.00 1,201,592.00

Disclosure of tangible assets [Table] ..(16)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 887,096.00 270,774.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0
Total disposals tangible assets 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 887,096.00 270,774.00
Tangible assets at end of period 1,258,785.00 371,689.00

Disclosure of tangible assets [Table] ..(17)

Unless otherwise specified, all monetary values are in INR

41
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Classes of tangible assets [Axis] Computer equipments [Member]

Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 12,037,472.00 2,260,805.00 12,037,472.00 2,260,805.00
Depreciation tangible assets -2,429,664.00 -908,226.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 726,122.00 0 1,528,202.00 0
Total disposals tangible assets 726,122.00 0 1,528,202.00 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 8,881,686.00 1,352,579.00 10,509,270.00 2,260,805.00
Tangible assets at end of period 10,605,054.00 1,723,368.00 13,356,938.00 2,847,668.00

Disclosure of tangible assets [Table] ..(18)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 2,429,664.00 908,226.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 802,080.00 0
Total disposals tangible assets 802,080.00 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 1,627,584.00 908,226.00
Tangible assets at end of period 2,751,884.00 1,124,300.00

Disclosure of tangible assets [Table] ..(19)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 12,037,472.00 2,260,805.00 12,037,472.00 2,260,805.00
Depreciation tangible assets -2,429,664.00 -908,226.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 726,122.00 0 1,528,202.00 0
Total disposals tangible assets 726,122.00 0 1,528,202.00 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0

42
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Total other adjustments tangible assets 0 0

Total changes in tangible assets 8,881,686.00 1,352,579.00 10,509,270.00 2,260,805.00
Tangible assets at end of period 10,605,054.00 1,723,368.00 13,356,938.00 2,847,668.00

Disclosure of tangible assets [Table] ..(20)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 2,429,664.00 908,226.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 802,080.00 0
Total disposals tangible assets 802,080.00 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 1,627,584.00 908,226.00
Tangible assets at end of period 2,751,884.00 1,124,300.00

Disclosure of tangible assets [Table] ..(21)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 0 0 0 0
Depreciation tangible assets 0 -1,631,689.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0 0 0
Total disposals tangible assets 0 0 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 0 -1,631,689.00 0 0
Tangible assets at end of period 0 0 2,101,525.00 2,101,525.00

Disclosure of tangible assets [Table] ..(22)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 0 1,631,689.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0

43
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Disposals tangible assets [Abstract]

Disposals tangible assets, others 0 0
Total disposals tangible assets 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 0 1,631,689.00
Tangible assets at end of period 2,101,525.00 2,101,525.00

Disclosure of tangible assets [Table] ..(23)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 0 0 0 0
Depreciation tangible assets 0 -1,631,689.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0 0 0
Total disposals tangible assets 0 0 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 0 -1,631,689.00 0 0
Tangible assets at end of period 0 0 2,101,525.00 2,101,525.00

Disclosure of tangible assets [Table] ..(24)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 0 1,631,689.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0
Total disposals tangible assets 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 0 1,631,689.00
Tangible assets at end of period 2,101,525.00 2,101,525.00

Disclosure of additional information tangible assets [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Period FY 2021 FY 2020
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [Line Items]
Depreciation method tangible assets - -
Useful lives or depreciation rates tangible assets NA NA

44
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Disclosure of additional information tangible assets [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Plant and equipment [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [Line
Items]
Written Down Written Down
Depreciation method tangible assets - - Value Value
Useful lives or depreciation rates tangible assets NA NA 8.00 8.00

Disclosure of additional information tangible assets [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Furniture and fixtures [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [Line
Items]
Written Down Written Down
Depreciation method tangible assets - - Value Value
Useful lives or depreciation rates tangible assets NA NA 10.00 10.00

Disclosure of additional information tangible assets [Table] ..(4)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [Line
Items]
Written Down Written Down
Depreciation method tangible assets - - Value Value
Useful lives or depreciation rates tangible assets NA NA 5.00 5.00

Disclosure of additional information tangible assets [Table] ..(5)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [Line
Items]
Written Down Written Down
Depreciation method tangible assets - - Value Value
Useful lives or depreciation rates tangible assets NA NA 3.00 3.00

Disclosure of additional information tangible assets [Table] ..(6)

Unless otherwise specified, all monetary values are in INR

Classes of tangible assets [Axis] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [Line
Items]
Written Down Written Down
Depreciation method tangible assets - - Value Value
As Per companies As Per companies
Useful lives or depreciation rates tangible assets NA NA Act 2013 Act 2013

45
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[201100] Notes - Intangible assets

Disclosure of intangible assets [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and
gross carrying amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Additions to intangible assets [Abstract]
Additions other than through business combinations
intangible assets 0 0 0 0
Total additions to intangible assets 0 0 0 0
Amortization intangible assets -9,000.00 -9,000.00
Impairment loss recognised in profit or loss intangible
assets 0 0
Reversal of impairment loss recognised in profit or loss
intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0 0 0
Total disposals intangible assets 0 0 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets -9,000.00 -9,000.00 0 0
Intangible assets at end of period 0 9,000.00 45,000.00 45,000.00

Disclosure of intangible assets [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Company total intangible assets [Member]
Internally generated and other than
internally generated intangible assets
Sub classes of intangible assets [Axis] [Member]
Accumulated amortization and impairment
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Amortization intangible assets 9,000.00 9,000.00
Impairment loss recognised in profit or loss intangible assets 0 0
Reversal of impairment loss recognised in profit or loss intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0
Total disposals intangible assets 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets 9,000.00 9,000.00
Intangible assets at end of period 45,000.00 36,000.00

Disclosure of intangible assets [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and
gross carrying amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]

46
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Additions to intangible assets [Abstract]

Additions other than through business combinations
intangible assets 0 0 0 0
Total additions to intangible assets 0 0 0 0
Amortization intangible assets -9,000.00 -9,000.00
Impairment loss recognised in profit or loss intangible
assets 0 0
Reversal of impairment loss recognised in profit or loss
intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0 0 0
Total disposals intangible assets 0 0 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets -9,000.00 -9,000.00 0 0
Intangible assets at end of period 0 9,000.00 45,000.00 45,000.00

Disclosure of intangible assets [Table] ..(4)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Company total intangible assets [Member]
Internally generated intangible assets
Sub classes of intangible assets [Axis] [Member]
Accumulated amortization and impairment
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Amortization intangible assets 9,000.00 9,000.00
Impairment loss recognised in profit or loss intangible assets 0 0
Reversal of impairment loss recognised in profit or loss intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0
Total disposals intangible assets 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets 9,000.00 9,000.00
Intangible assets at end of period 45,000.00 36,000.00

Disclosure of intangible assets [Table] ..(5)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Brands and trade marks [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and
gross carrying amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Additions to intangible assets [Abstract]
Additions other than through business combinations
intangible assets 0 0 0 0
Total additions to intangible assets 0 0 0 0
Amortization intangible assets -9,000.00 -9,000.00
Impairment loss recognised in profit or loss intangible
assets 0 0
Reversal of impairment loss recognised in profit or loss
intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0 0 0
Total disposals intangible assets 0 0 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0

47
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Total changes in intangible assets -9,000.00 -9,000.00 0 0

Intangible assets at end of period 0 9,000.00 45,000.00 45,000.00

Disclosure of intangible assets [Table] ..(6)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Brands and trade marks [Member]
Internally generated and other than
internally generated intangible assets
Sub classes of intangible assets [Axis] [Member]
Accumulated amortization and impairment
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Amortization intangible assets 9,000.00 9,000.00
Impairment loss recognised in profit or loss intangible assets 0 0
Reversal of impairment loss recognised in profit or loss intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0
Total disposals intangible assets 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets 9,000.00 9,000.00
Intangible assets at end of period 45,000.00 36,000.00

Disclosure of intangible assets [Table] ..(7)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Brands and trade marks [Member]
Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and
gross carrying amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Additions to intangible assets [Abstract]
Additions other than through business combinations
intangible assets 0 0 0 0
Total additions to intangible assets 0 0 0 0
Amortization intangible assets -9,000.00 -9,000.00
Impairment loss recognised in profit or loss intangible
assets 0 0
Reversal of impairment loss recognised in profit or loss
intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0 0 0
Total disposals intangible assets 0 0 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets -9,000.00 -9,000.00 0 0
Intangible assets at end of period 0 9,000.00 45,000.00 45,000.00

Disclosure of intangible assets [Table] ..(8)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Brands and trade marks [Member]
Internally generated intangible assets
Sub classes of intangible assets [Axis] [Member]
Accumulated amortization and impairment
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]

48
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Changes in intangible assets [Abstract]

Amortization intangible assets 9,000.00 9,000.00
Impairment loss recognised in profit or loss intangible assets 0 0
Reversal of impairment loss recognised in profit or loss intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0
Total disposals intangible assets 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets 9,000.00 9,000.00
Intangible assets at end of period 45,000.00 36,000.00

Disclosure of intangible assets [Table] ..(9)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Trade marks [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and
gross carrying amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Additions to intangible assets [Abstract]
Additions other than through business combinations
intangible assets 0 0 0 0
Total additions to intangible assets 0 0 0 0
Amortization intangible assets -9,000.00 -9,000.00
Impairment loss recognised in profit or loss intangible
assets 0 0
Reversal of impairment loss recognised in profit or loss
intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0 0 0
Total disposals intangible assets 0 0 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets -9,000.00 -9,000.00 0 0
Intangible assets at end of period 0 9,000.00 45,000.00 45,000.00

Disclosure of intangible assets [Table] ..(10)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Trade marks [Member]
Internally generated and other than
internally generated intangible assets
Sub classes of intangible assets [Axis] [Member]
Accumulated amortization and impairment
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Amortization intangible assets 9,000.00 9,000.00
Impairment loss recognised in profit or loss intangible assets 0 0
Reversal of impairment loss recognised in profit or loss intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0
Total disposals intangible assets 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets 9,000.00 9,000.00
Intangible assets at end of period 45,000.00 36,000.00

49
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Disclosure of intangible assets [Table] ..(11)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Trade marks [Member]
Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and
gross carrying amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Additions to intangible assets [Abstract]
Additions other than through business combinations
intangible assets 0 0 0 0
Total additions to intangible assets 0 0 0 0
Amortization intangible assets -9,000.00 -9,000.00
Impairment loss recognised in profit or loss intangible
assets 0 0
Reversal of impairment loss recognised in profit or loss
intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0 0 0
Total disposals intangible assets 0 0 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets -9,000.00 -9,000.00 0 0
Intangible assets at end of period 0 9,000.00 45,000.00 45,000.00

Disclosure of intangible assets [Table] ..(12)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Trade marks [Member]
Internally generated intangible assets
Sub classes of intangible assets [Axis] [Member]
Accumulated amortization and impairment
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Amortization intangible assets 9,000.00 9,000.00
Impairment loss recognised in profit or loss intangible assets 0 0
Reversal of impairment loss recognised in profit or loss intangible assets 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets, others 0 0
Total disposals intangible assets 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets 9,000.00 9,000.00
Intangible assets at end of period 45,000.00 36,000.00

Disclosure of additional information intangible assets [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Company total intangible assets [Member]
Internally generated and other than
internally generated intangible assets
Sub classes of intangible assets [Axis] [Member]
Period FY 2021 FY 2020
Disclosure of additional information intangible assets [Abstract]
Disclosure of additional information intangible assets [Line Items]
Useful lives or amortization rates intangible assets NA NA
Description of amortization method used - -

Disclosure of additional information intangible assets [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

50
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Classes of intangible assets [Axis] Brands and trade marks [Member]

Internally generated and other than
internally generated intangible assets Internally generated intangible assets
Sub classes of intangible assets [Axis] [Member] [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of additional information intangible assets [Abstract]
Disclosure of additional information intangible assets [Line
Items]
Useful lives or amortization rates intangible assets NA NA
Description of amortization method used - -

Disclosure of additional information intangible assets [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Classes of intangible assets [Axis] Trade marks [Member]
Internally generated and other than
internally generated intangible assets Internally generated intangible assets
Sub classes of intangible assets [Axis] [Member] [Member]
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of additional information intangible assets [Abstract]
Disclosure of additional information intangible assets [Line
Items]
As Per Companies As per companies
Useful lives or amortization rates intangible assets NA NA Act 2013 Act 2013
Straight Line Straight Line
Description of amortization method used - - Value Value

51
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[201200] Notes - Employee benefits

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Textual
Disclosure of employee benefits explanatory [Text Block] Information (7)

Textual information (7): Disclosure of employee benefits explanatory [Text Block]

Retirement benefits in the form of Employee Provident Fund and Employee State Insurance are defined contribution schemes (collectively the
‘Schemes’). The Company has no obligation, other than the contribution payable to the Schemes. The Company recognizes contribution payable
to the Schemes as expenditure, when an employee renders the related service. The contribution paid in excess of amount due is recognized as
an asset and the contribution due in excess of amount paid is recognized as a liability.
Gratuity is a defined benefit obligation and is provided for on the basis of an actuarial valuation using projected unit credit method, made at the
end of each financial year. Actuarial gains and losses are recognized in full in the period in which they occur in the statement of profit and loss.
Accumulated leave, which is expected to be utilized within the next twelve months, is treated as short-term employee benefit. The Company
measures the expected cost of such absences as the additional amount that it expects to pay as a result of the unused entitlement that has
accumulated at the reporting date.
The Company treats accumulated leave expected to be carried forward beyond twelve months, as long-term employee benefit for measurement
purposes. Such long-term compensated absences are provided for based on the actuarial valuation using the projected unit credit method, made
at the end of each financial year. Actuarial gains/losses are immediately taken to the statement of profit and loss. The Company presents the
accumulated leave liability as a current liability in the balance sheet, since it does not have an unconditional right to defer its settlement for twelve
months after the reporting date

52
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[201400] Notes - Leases

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Textual
Disclosure of leases explanatory [Text Block] Information (8)
Whether any operating lease has been converted to financial lease or vice-versa No No

Textual information (8): Disclosure of leases explanatory [Text Block]

Leases

Operating lease : Company as a lessee

Office and other premises taken on lease

The Company has occupied office facilities and other premises under
non-cancellable operating lease agreements. The Company intends to
renew such leases in the normal course of its business. Total rental
expense under non-cancellable operating leases was Rs. 11,260,743 for
the year ended March 31, 2021 (for the year ended March 31, 2020 Rs.
2,369,444).

The total future minimum lease payments under the non-cancellable leases
are as follows:

March 31,
March 31, 2021
2020

(Rs) (Rs)

Within one year 4,11,00,000 3,89,813

After one year but not more than 5 years 5,28,57,500 -

9,39,57,500 3,89,813

The Company has also occupied office facilities and other premises under
cancellable operating lease agreements. The Company intends to renew
such leases in the normal course of its business. Total rental expense under
cancellable operating leases was Rs. 8,529,458 for the year ended March
31, 2021 (for the year ended March 31, 2020: Rs. 5,293,516). Office and
other premises are obtained on operating lease for terms ranging from 1-5
years and are renewable at the option of the Company or lessor.

Finance lease : Company as a lessee

Computers & Peripherals taken on lease

The Company has finance leases for computer equipment. These leases
have terms of renewal and bargain purchase option. However, there is no
escalation clause. Future minimum lease payments (MLP) under finance
leases together with the present value of the net MLP are as follows:

March 31, 2021 March 31, 2020

Minimum Present value Minimum Present value

Period
payments of MLP payments of MLP

` ` ` `

Within one year 42,72,561 38,88,850 - -

After one year but not more than five years 61,17,544 50,45,964 - -

Total minimum lease payments 1,03,90,105 89,34,814 - -

Less: amounts representing finance charges (14,55,292) - - -

Present value of minimum lease payments 89,34,814 89,34,814 - -

53
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[201600] Notes - Related party

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Textual
Disclosure of notes on related party explanatory [Text Block] Information (9)
Other information subsidiary details [Abstract]
Whether company is subsidiary company No No

Disclosure of relationship and transactions between related parties [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Categories of related parties [Axis] 1 2
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of relationship and transactions between related
parties [Abstract]
Disclosure of relationship and transactions between related
parties [Line Items]
Name of related party Varun Alagh Varun Alagh Ghazal Alagh Ghazal Alagh
Country of incorporation or residence of related party INDIA INDIA INDIA INDIA
Permanent account number of related party AGEPA6168M AGEPA6168M CIWPS9731A CIWPS9731A
Key Management Key Management Key Management Key Management
Description of nature of related party relationship Personnel Personnel Personnel Personnel
As Mentioned in As Mentioned in As Mentioned in As Mentioned in
Description of nature of transactions with related party Particulars Particulars Particulars Particulars
Related party transactions [Abstract]
Revenue from sale of goods related party transactions 999.00 1,745.00 5,115.00 2,196.00
Reimbursement of expenses incurred on behalf of company
during year related party transactions 154,191.00 1,738,042.00 128,000.00 127,283.00
Transaction relating to key management personnel [Abstract]
Remuneration for key managerial personnel 6,393,409.00 4,011,403.00 3,943,402.00 2,586,403.00
Outstanding balances for related party transactions [Abstract]
Amounts payable related party transactions 584,261.00 390,365.00 175,845.00
Amounts receivable related party transactions 15,000.00
Amount written off during period in respect of debts due from
related parties 0 0 0 0
Amount written back during period in respect of debts due to
related parties 0 0 0 0

Disclosure of relationship and transactions between related parties [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Categories of related parties [Axis] 3 4
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of relationship and transactions between related
parties [Abstract]
Disclosure of relationship and transactions between related
parties [Line Items]
SCI Investments SCI Investments
Name of related party Mukesh Alagh Mukesh Alagh VI VI
Country of incorporation or residence of related party INDIA INDIA MAURITIUS MAURITIUS
Permanent account number of related party AADPA2867L AADPA2867L ABACS6767N ABACS6767N
Enterprises which Enterprises which
are owned, or are owned, or
have significant have significant
influence of or are influence of or are
partners with Key partners with Key
Relatives of Key Relatives of Key management management
management management personnel and personnel and
Description of nature of related party relationship personnel personnel their relatives their relatives
As Mentioned in As Mentioned in As Mentioned in As Mentioned in
Description of nature of transactions with related party Particulars Particulars Particulars Particulars
Related party transactions [Abstract]
Revenue from sale of goods related party transactions 1,716.00
Reimbursement of expenses incurred on behalf of company
during year related party transactions 32,702.00
Transfers under finance agreements related party
transactions [Abstract]
Equity contributions made under finance agreements
related party transactions 1,037,560,768.00

54
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Other related party transactions expense 990,000.00

Outstanding balances for related party transactions [Abstract]
Amounts receivable related party transactions 749.00
Amount written off during period in respect of debts due from
related parties 0 0 0 0
Amount written back during period in respect of debts due to
related parties 0 0 0 0

Disclosure of relationship and transactions between related parties [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Categories of related parties [Axis] 5 6
Period FY 2021 FY 2020 FY 2021 FY 2020
Disclosure of relationship and transactions between related
parties [Abstract]
Disclosure of relationship and transactions between related
parties [Line Items]
Fireside Ventures Fireside Ventures Stellaris Venture Stellaris Venture
Name of related party Investment Fund-I Investment Fund-I Partners Partners
Country of incorporation or residence of related party INDIA INDIA INDIA INDIA
Permanent account number of related party AAATF5691G AAATF5691G AARTS6917P AARTS6917P
Enterprises which Enterprises which Enterprises which Enterprises which
are owned, or are owned, or are owned, or are owned, or
have significant have significant have significant have significant
influence of or are influence of or are influence of or are influence of or are
partners with Key partners with Key partners with Key partners with Key
management management management management
personnel and personnel and personnel and personnel and
Description of nature of related party relationship their relatives their relatives their relatives their relatives
As Mentioned in As Mentioned in As Mentioned in As Mentioned in
Description of nature of transactions with related party Particulars Particulars Particulars Particulars
Related party transactions [Abstract]
Transfers under finance agreements related party
transactions [Abstract]
Equity contributions made under finance agreements
related party transactions 112,562,630.00 112,562,630.00
Amount written off during period in respect of debts due from
related parties 0 0 0 0
Amount written back during period in respect of debts due to
related parties 0 0 0 0

Disclosure of relationship and transactions between related parties [Table] ..(4)

Unless otherwise specified, all monetary values are in INR

Categories of related parties [Axis] 7
Period FY 2021
Disclosure of relationship and transactions between related parties [Abstract]
Disclosure of relationship and transactions between related parties [Line Items]
Sofina Ventures S
Name of related party A
Country of incorporation or residence of related party BELGIUM
Enterprises which
are owned, or
have significant
influence of or are
partners with Key
management
personnel and
Description of nature of related party relationship their relatives
As Mentioned in
Description of nature of transactions with related party Particulars
Outstanding balances for related party transactions [Abstract]
Amounts receivable related party transactions 262,610.00
Amount written off during period in respect of debts due from related parties 0
Amount written back during period in respect of debts due to related parties 0

Textual information (9): Disclosure of notes on related party explanatory [Text Block]

29. Related party disclosures

55
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Names of related parties and related party relationship

Related parties where control exists

Investing party in respect of which the respective investors Fireside Ventures Investment
exercise significant influence over the reporting enterprise Fund-I

SCI Investments VI

Stellaris Venture Partners

Sofina Ventures S.A.

Related parties with whom transactions have taken place during

the year

Key management personnel Executive directors

Varun Alagh

Ghazal Alagh

Relatives of Key management personnel Mukesh Alagh

The following table is the summary of significant transactions with

a)
related parties by the Company:

For the year ended March 31,

Particulars For the year ended March 31, 2021
2020

(Rs) (Rs)

Reimbursement of expenses

Varun Alagh 154,191 1,738,042

Ghazal Alagh 128,000 127,283

Mukesh Alagh - 32,702

282,191 1,898,027

Sale of traded goods

Varun Alagh 999 1,745

Ghazal Alagh 5,115 2,196

Mukesh Alagh - 1,716

6,114 5,657

Rent

Mukesh Alagh - 990,000

The balances receivable from and payable to related parties are as

b)
follows :

For the year ended March 31,

Particulars For the year ended March 31, 2021
2020

(Rs) (Rs)

Expense payable

Varun Alagh 43,194 42,225

Ghazal Alagh - 17,407

43,194 59,632

Amount Receivable

Ghazal Alagh 15,000 -

Sofina Ventures S A belgium 262,610 -

277,610 -

Employee benefits payable*

Varun Alagh 541,067 348,140

56
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Ghazal Alagh 401,334 158,438

942,401 506,578

c) Managerial remuneration* :

For the year ended March 31,

Particulars For the year ended March 31, 2021
2020

(Rs) (Rs)

Salary, wages and bonus

Varun Alagh 6,393,409 4,011,403

Ghazal Alagh 3,943,402 2,586,403

10,336,811 6,597,806

*As the liability for gratuity and leave encashment is provided on an

actuarial basis for the Company as a whole, the amount pertaining
to the directors are not included above.

d) Issue of Share Capital:

For the year ended March 31,

Particulars For the year ended March 31, 2021
2020

(Rs) (Rs)

Issued, subscribed and fully paid-up shares (including securities

premium)

SCI Investments VI

Nil (March 31, 2020 : 3,346) 0.001% Class D NCCCPS of Rs. 10/-
- 1,037,560,768
each

Fireside Ventures Investment Fund-I

Nil (March 31, 2020 : 363) 0.001% Class D NCCCPS of Rs. 10/-
- 112,562,630
each

Stellaris Venture Partners

Nil (March 31, 2020 : 363) 0.001% Class D NCCCPS of Rs. 10/-
- 112,562,630
each

- 1,262,686,028

57
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[201700] Notes - Government grants

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0

58
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[202400] Notes - Investments in associates

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Whether company has invested in associates No
Whether company has associates which are yet to commence operations No

59
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[202500] Notes - Financial reporting of interests in joint ventures

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Whether company has invested in joint ventures No
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No

60
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[202700] Notes - Cash flow statements

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020 FY 2019
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 97,592,107.00 19,164,485.00 5,581,496.00
Total cash and cash equivalents 97,592,107.00 19,164,485.00
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities 62,845,045.00 397,513.00
Total income taxes paid (refund) 62,845,045.00 397,513.00

61
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[202800] Notes - Subsidiary information

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Whether company has subsidiary companies No
Whether company has subsidiary companies which are yet to commence operations No
Whether company has subsidiary companies liquidated or sold during year No

62
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[300100] Notes - Revenue

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Textual
Disclosure of revenue explanatory [Text Block] Information (10)

Textual information (10): Disclosure of revenue explanatory [Text Block]

Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably
measured.
The following specific recognition criteria must also be met before revenue is recognized:

63
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[300300] Notes - Earnings per share

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Textual
Disclosure of earnings per share explanatory [Text Block] Information (11)
Adjustments of numerator to calculate basic earnings per share [Abstract]
Profit (loss) for period 245,918,744.00 -59,194,805.00
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Profit (loss) for period 245,918,744.00 -59,194,805.00

Textual information (11): Disclosure of earnings per share explanatory [Text Block]

Earnings/(Loss) per share

Particulars March 31, 2021 March 31, 2020

(Rs) (Rs)

Profit/(Loss) after tax (A) 24,59,18,744 (5,91,94,805)

Weighted average number of equity shares used for calculation of basic

earnings per share

Equity shares of Rs. 10 each (B) 10,210 10,200

Equity shares of Rs. 100 each (C) 2,900 2,900

Potentially dilutive shares

Equity shares of Rs. 10 each (D) 11,805 -

Equity shares of Rs. 100 each (E) - -

Weighted average number of equity shares used for calculation of diluted

earnings per share

Equity shares of Rs. 10 each (F=B+D) 22,015 10,200

Equity shares of Rs. 100 each (G=C+E) 2,900 2,900

Profit/(Loss) for computing Basic and Diluted earnings/(Loss) per share

Profit/(Loss) for equity shares of Rs 10 each (H) 19,15,20,242 (4,36,69,145)

Profit/(Loss) for equity shares of Rs 100 each (I) 5,43,98,502 (1,24,15,132)

Basic earnings/(loss) per share

Equity shares of Rs. 10 each (H/B) 18,758 (4,281)

Equity shares of Rs. 100 each (I/C) 18,758 (4,281)

Diluted earnings/(loss) per share

Equity shares of Rs. 10 each (H/F) 8,699 (4,281)

Equity shares of Rs. 100 each (I/G) 18,758 (4,281)

Weighted average number of equity shares (basic)

Particulars March 31, 2021 March 31, 2020

(Rs) (Rs)

Opening balances 13,107 13,100

Shares issued during the year 18 7

Weighted average number of equity shares for the year 13,110 13,100

Weighted average number of equity shares (diluted)

Particulars March 31, 2021 March 31, 2020

(Rs) (Rs)

Weighted average number of equity shares (basic) 13,110 13,100

64
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Effect of exercise of share option 333 -

Effect of convertible preference shares 11,472 -

Weighted average number of equity shares (diluted) for the year 24,915 13,100

65
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[300400] Notes - Employee share-based payments

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Textual
Disclosure of notes on employee share-based payment arrangements explanatory [Text Block] Information (12)

Textual information (12): Disclosure of notes on employee share-based payment arrangements explanatory [Text Block]

Employee stock option plan

The Company provides share-based payment schemes to its

employees. The Company has adopted the Guidance Note issued
by the Institute of Chartered Accountants of India w.e.f September
25, 2017 for accounting of ESOP scheme.

On August 02, 2018, the Board of Directors approved the equity

settled "Honasa Consumer Private Limited Employees Stock
Option Plan 2018" for issue of stock options to various employees
of the Company. According to the scheme, the employees will be
entitled to options, subject to their continued employment with the
Company. There would be graded vesting on annual basis for the
next 4 years. The contractual life (comprising the vesting period
and the exercise period) of options granted is from the date of
such grant till the resignation of the employee. The other relevant
terms of the grant are as below:

Particulars March 31, 2021 March 31, 2020

Vesting period 4 years 4 years

Grant dates Various Various

Till the resignation of the Till the resignation of

Exercise period
employee the employee

Rs. 25,889, Rs. 25,889,

Exercise price
Rs. 54,522 and 263,566 Rs. 54,522 and 263,566

Rs. 25,889, Rs. 54,522, Rs. 25,889,

Intrinsic value on date of grant Rs 263,566, Rs. 869,248
and Rs. 1,054,529 Rs. 54,522 and 263,566

* In the absence of fair value report on the date of grant of

ESOP's, the fair value used for issue of NCCCPS have been
considered as intrinsic value.

March 31,
Particulars March 31, 2020
2021

WAEP No. of
No. of options WAEP (Rs)
(Rs) options

Outstanding at the beginning of the year 279 1,16,143 167 51,264

Granted during the year 168 2,63,566 140 1,81,232

Forfeited during the year - - 21 54,512

Exercised during the year 18 49,742 7 54,512

Outstanding at the end of the year 429 1,76,662 279 1,16,143

Exercisable at the end of the year 75 1,05,156 42 49,383

66
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[300500] Notes - Subclassification and notes on income and expenses

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Revenue from sale of products, gross 4,608,594,986.00 1,097,841,731.00
Total revenue from sale of products 4,608,594,986.00 1,097,841,731.00
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Total revenue from sale of services 0 0
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on fixed deposits, current investments 19,134,248.00 6,931,990.00
Total interest income on current investments 19,134,248.00 6,931,990.00
Total interest income 19,134,248.00 6,931,990.00
Dividend income [Abstract]
Total dividend income 0 0
Net gain/loss on sale of investments [Abstract]
Net gain/loss on sale of current investments 22,206,851.00 14,885,207.00
Total net gain/loss on sale of investments 22,206,851.00 14,885,207.00
Other non-operating income [Abstract]
Net gain/loss on foreign currency fluctuations treated as other income 1,758,134.00 0
Miscellaneous other non-operating income 1,117,055.00 466,819.00
Total other non-operating income 2,875,189.00 466,819.00
Total other income 44,216,288.00 22,284,016.00
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Other interest charges 0 1,016.00
Total interest expense 0 1,016.00
Other borrowing costs 1,222,908.00 218,888.00
Total finance costs 1,222,908.00 219,904.00
Employee benefit expense [Abstract]
Salaries and wages 215,688,977.00 75,555,731.00
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Total remuneration to directors 0 0
Total managerial remuneration 0 0
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for others 4,878,582.00 2,226,718.00
Total contribution to provident and other funds 4,878,582.00 2,226,718.00
Expense on employee stock option scheme and employee stock purchase plan 42,240,121.00 2,437,253.00
Gratuity 6,348,364.00 2,546,883.00
Staff welfare expense 9,018,131.00 2,364,979.00
Total employee benefit expense 278,174,175.00 85,131,564.00
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 0 0
Power and fuel 797,241.00 259,377.00
Rent 19,790,201.00 7,662,860.00
Repairs to building 0 0
Repairs to machinery 0 0
Insurance 996,285.00 331,423.00
Rates and taxes excluding taxes on income [Abstract]
Other cess taxes 930,241.00 1,367,986.00
Total rates and taxes excluding taxes on income 930,241.00 1,367,986.00
Printing stationery 770,435.00 758,281.00
Information technology expenses 48,277,545.00 13,288,735.00
Travelling conveyance 9,068,727.00 8,087,768.00
Legal professional charges 28,244,159.00 13,637,749.00
Directors sitting fees 0 0
Bank charges 544,050.00 45,906.00
Advertising promotional expenses 1,788,076,914.00 458,429,323.00
Secondary packing expenses 83,728,171.00 0
Cost repairs maintenance other assets 3,557,597.00 3,104,123.00
Cost transportation [Abstract]
Cost freight 543,533,674.00 150,200,921.00
Total cost transportation 543,533,674.00 150,200,921.00

67
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Provision bad doubtful debts created 2,977,639.00 925,242.00

Provision bad doubtful loans advances created 0 0
Write-off assets [Abstract]
Miscellaneous expenditure written off [Abstract]
Total miscellaneous expenditure written off 0 0
Bad debts written off 0 0
Bad debts advances written off 0 0
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable tangible asset 120,300.00 0
Payments to auditor [Abstract]
Payment for audit services 2,200,000.00 1,000,000.00
Payment for reimbursement of expenses 5,132.00 47,812.00
Total payments to auditor 2,205,132.00 1,047,812.00
(A) 207,418,959. (B) 48,917,059.0
Miscellaneous expenses 00 0
Total other expenses 2,741,037,270.00 708,064,565.00
Current tax [Abstract]
Current tax pertaining to current year 61,892,800.00 0
Total current tax 61,892,800.00 0

Footnotes

(A)

Contract labour charges 59,411,006 Sales commission 134,293,934 Communication costs 1,042,397 Payment gateway charges 11,369,848
Provision for dimunition in value of investments 1,115,663 Miscellaneous expenses 186,110

(B)

Contract labour charges 8,073,962 Sales commission 34,038,635 Communication costs 401,049 Foreign exchange loss (net) 41,112 Payment
gateway charges 6,013,645 Miscellaneous expenses 348,656

68
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[300600] Notes - Additional information statement of profit and loss

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Additional information on profit and loss account [Abstract]
Changes in inventories of finished goods, work-in-progress and stock-in-trade [Abstract]
Changes in inventories of stock-in-trade -276,762,508.00 -122,680,742.00
Total changes in inventories of finished goods, work-in-progress and stock-in-trade -276,762,508.00 -122,680,742.00
Expenditure in foreign currency [Abstract]
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 0 0
Details of dividend remitted in foreign currency [Abstract]
Amount of dividend remitted in foreign currency [Abstract]
Total amount of dividend remitted in foreign currency 0 0
Details of earnings in foreign currency [Abstract]
Total earnings in foreign currency 0 0
Breakup of revenue as export and domestic [Abstract]
Revenue from sale of products [Abstract]
Domestic turnover goods, gross [Abstract]
Domestic sale traded goods 4,526,325,388.00 1,089,219,047.00
Total domestic turnover goods, gross 4,526,325,388.00 1,089,219,047.00
Export turnover goods, gross [Abstract]
Export sale traded goods 82,269,598.00 8,622,684.00
Total export turnover goods, gross 82,269,598.00 8,622,684.00
Total revenue from sale of products 4,608,594,986.00 1,097,841,731.00
Revenue from sale of services [Abstract]
Total revenue from sale of services 0 0
Gross value of transaction with related parties as per AS-18 10,625,116.00 8,501,490.00
Bad debts of related parties as per AS-18 0 0

69
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[300700] Notes - Key managerial personnels and directors remuneration and other information

Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Key managerial personnels and directors [Axis] 1 2 3 4
Period FY 2021
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors
[Abstract]
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors [Line
Items]
VETTAKKORU
MAKANKAV
SIVA SUBRAM
ANIAM RAHUL GHAZAL
Name of key managerial personnel or director SITARAM CHOWDHRI VARUN ALAGH ALAGH
Director identification number of key managerial personnel or
director 01038711 02013700 07597289 07608292
Permanent account number of key managerial personnel or
director AAVPS3995B ABLPC1121A AGEPA6168M CIWPS9731A
Date of birth of key managerial personnel or director 21/05/1957 19/06/1974 01/02/1984 22/09/1988
Whole Time Whole Time
Designation of key managerial personnel or director Nominee Director Nominee Director Director Director
BACHELOR’S
IN
INFORMATION
Qualification of key managerial personnel or director MBA MBA MBA TECHNOLOGY
Shares held by key managerial personnel or director [shares] 0 [shares] 0 [shares] 8,514 [shares] 1,000
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director
[Abstract]
Salary key managerial personnel or director 0 0 4,011,403.00 2,586,403.00
Perquisites key managerial personnel or director 0 0
Profits in lieu of salary key managerial personnel or
director 0 0
Gross salary to key managerial personnel or director 0 0 4,011,403.00 2,586,403.00
Total key managerial personnel or director remuneration 0 0 4,011,403.00 2,586,403.00

Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Key managerial personnels and directors [Axis] 5 6
Period FY 2021
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and
directors [Abstract]
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and
directors [Line Items]
ISHAAN VIVEK
Name of key managerial personnel or director MITTAL GAMBHIR
Director identification number of key managerial personnel or director 07948671 06527810
Permanent account number of key managerial personnel or director AVGPM1531K AKLPG6563H
Date of birth of key managerial personnel or director 23/12/1987 27/11/1968
Designation of key managerial personnel or director Director Director
Qualification of key managerial personnel or director MBA Graduate
Shares held by key managerial personnel or director [shares] 0 [shares] 0
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 0 0
Gross salary to key managerial personnel or director 0 0
Total key managerial personnel or director remuneration 0 0

70
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[301000] Notes - Corporate social responsibility

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Whether provisions of corporate social responsibility are applicable on company No

71
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in INR

Period FY 2021 FY 2020
Disclosure of general information about company [Abstract]
Disclosure of company information [Abstract]
HONASA
CONSUMER
PRIVATE
Name of company LIMITED
U74999DL2016P
Corporate identity number TC306016
Permanent account number of entity AADCH9716L
432, 4TH
FLOOR,
SOMDUTT
CHAMBER 2, ,
BHIKAJI CAMA
PLACE , New
Delhi , DELHI ,
Address of registered office of company INDIA - 110066
Commercial and
Type of industry Industrial
Disclosure of document information [Abstract]
Date of board meeting when final accounts were approved 16/09/2021
Date of start of reporting period 01/04/2020 01/04/2019
Date of end of reporting period 31/03/2021 31/03/2020
Nature of report standalone consolidated Standalone
Financial
Content of report Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
Disclosure of other general information [Abstract]
Whether company is maintaining books of account and other relevant books and papers in electronic form Yes
Postal address of place of maintenance of computer servers (storing accounting data) [Abstract]
Plot No. 63, 4th
Floor, BLM
Tower Netaji
Subhash Marg,
Sector-44
GURUGRAM
Complete postal address of place of maintenance of computer servers (storing accounting data) 122003 HR IN
GURUGRAM&n
Name of city of place of maintenance of computer servers (storing accounting data) bsp;
Name of state/ union territory of place of maintenance of computer servers (storing accounting data) HR&nbsp;
Pin code of place of maintenance of computer servers (storing accounting data) 122003&nbsp;
GURUGRAM&n
Name of district of place of maintenance of computer servers (storing accounting data) bsp;
ISO country code of place of maintenance of computer servers (storing accounting data) IN
Name of country of place of maintenance of computer servers (storing accounting data) India
Phone (with STD/ ISD code) of place of maintenance of computer servers (storing accounting data) .

Disclosure of principal product or services [Table]

Unless otherwise specified, all monetary values are in INR
Types of principal product or services [Axis] 1
Period FY 2021
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [Line Items]
Product or service category (ITC 4 digit) code 9961
WHOLESALE
TRADE
Description of product or service category SERVICES
Turnover of product or service category 4,608,594,985.55
Highest turnover contributing product or service (ITC 8 digit) code 99611750
Perfumery
articles, cosmetic
Description of product or service articles and toilet
Turnover of highest contributing product or service 4,608,594,985.55
Quantity of highest contributing product or service in UoM [pure] 0

72
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[400200] Disclosures - Auditors report

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Textual
Disclosure in auditor’s report explanatory [Text Block] Information (13)
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or contains adverse remarks No

Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table]

Unless otherwise specified, all monetary values are in INR
Auditor's Clause not
favourable remark applicable
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] [Member] [Member]
Period FY 2021
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Line Items]
Textual
Disclosure in auditors report relating to fixed assets Information (14)
The Company has
maintained proper
records showing
full particulars,
including
quantitative
details and
situation of
property, plant
Disclosure relating to quantitative details of fixed assets and equipment.
Textual
Disclosure relating to physical verification and material discrepancies of fixed assets Information (15)
Textual
Disclosure relating to title deeds of immovable properties Information (16)
Textual
Disclosure in auditors report relating to inventories Information (17)
Textual
Disclosure in auditors report relating to loans Information (18)
Textual
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013 Information (19)
Textual
Disclosure in auditors report relating to deposits accepted Information (20)
(vi) To the best of
our knowledge
and as explained,
the Central
Government has
not specified the
maintenance of
cost records under
Section 148(1) of
the Act, for the
products of the
Disclosure in auditors report relating to maintenance of cost records Company.
Textual
Disclosure in auditors report relating to statutory dues [Text Block] Information (21)
Textual
Disclosure relating to regularity in payment of undisputed statutory dues [Text Block] Information (22)
Textual
Disclosure relating to disputed statutory dues [Text Block] Information (23)
(viii) The
Company did not
have any
outstanding loans
or borrowing dues
in respect of a
financial
institution or bank
or to government
or dues to
debenture holders
Disclosure in auditors report relating to default in repayment of financial dues during the year.

73
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Disclosure in auditors report relating to public offer and term loans used for purpose for which those were Textual
raised Information (24)
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its Textual
employees reported during period Information (25)
Textual
Disclosure in auditors report relating to managerial remuneration Information (26)
(xii) In our
opinion, the
Company is not a
nidhi Company.
Therefore, the
provisions of
clause 3(xii) of
the order are not
applicable to the
Disclosure in auditors report relating to Nidhi Company Company.
Textual
Disclosure in auditors report relating to transactions with related parties Information (27)
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible Textual
debentures Information (28)
Textual
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him Information (29)
(xvi) According to
the information
and explanations
given to us, the
provisions of
section 45-IA of
the Reserve Bank
of India Act, 1934
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, are not applicable
1934 to the Company.

Details regarding auditors [Table]

Unless otherwise specified, all monetary values are in INR
Auditors [Axis] 1
Period FY 2021
Details regarding auditors [Abstract]
Details regarding auditors [Line Items]
Category of auditor Auditors firm
S.R. Batliboi &
Name of audit firm Co. Llp
Name of auditor signing report Rajeev Kumar
101049W/E30000
Firms registration number of audit firm 4
Membership number of auditor 213803
12th Floor, UB
city, Canberra
Block No. 24,
Vittal Mallya
Road, Bengaluru
Address of auditors 560001
Permanent account number of auditor or auditor's firm ACHFS9118A
SRN of form ADT-1 R05942982
Date of signing audit report by auditors 16/09/2021
Date of signing of balance sheet by auditors 16/09/2021

Textual information (13): Disclosure in auditor’s report explanatory [Text Block]

INDEPENDENT AUDITOR’S REPORT

To the Members of Honasa Consumer Private Limited
Report on the Audit of the Financial Statements
Opinion
We have audited the accompanying financial statements of Honasa Consumer Private Limited (“the Company”), which comprise the Balance
sheet as at March 31,2021, the Statement of Profit and Loss, the Cash Flow Statement and notes to thefinancial statements, including a
summary of significant accounting policies and other explanatory information.
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the
information required by the Companies Act, 2013, as amended (“the Act”) in the manner so required and give a true and fair view in conformity
with the accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2021, its profitand its cash

74
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

flowsfor the year ended on that date.

Basis for Opinion
We conducted our audit of the financial statements in accordance with the Standards on Auditing (SAs),as specified under section 143(10) of the
Act. Our responsibilities under those Standards are further described in the ‘Auditor’s Responsibilities for the Audit of the
FinancialStatements’section of our report. We are independent of the Company in accordance with the ‘Code of Ethics’issued by the Institute of
Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the
provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and
the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on
the financial statements.
Other Information
The Company’s Board of Directors is responsible for the other information. The other information comprises the information included in the
Directors’report, but does not include the financial statements and our auditor’s report thereon.
Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether such
other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be
materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we
are required to report that fact. We have nothing to report in this regard.
Responsibility of Management for the Financial Statements
The Company’s Board of Directors is responsible for the matters stated in section 134(5) of the Act with respect to the preparation of these
financial statements that give a true and fair view of the financial position, financial performance and cash flows of the Company in accordance
with the accounting principles generally accepted in India, including the Companies (Accounting Standards) Rules, 2006 (as amended) specified
under section 133 of the Act, read with the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate
accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting
frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable
and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring
the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a
true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is responsible for assessing the Company’s ability to continue as a going concern, disclosing,
as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate
the Company or to cease operations, or has no realistic alternative but to do so.
Those Board of Directors are also responsible for overseeing the Company’s financial reporting process.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement,
whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is
not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can
arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of thesefinancial statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We
also:
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit
procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of
not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the
circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate
internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made
by management.
• Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence
obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to
continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the
related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the
audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue
as a going concern.
• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial
statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant
audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding
independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence,
and where applicable, related safeguards.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditor’s Report) Order, 2016 (“the Order”), issued by the Central Government of India in terms of
sub-section (11) of section 143 of the Act, we give in the “Annexure 1”a statement on the matters specified in paragraphs 3 and 4 of the Order.

75
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

2. As required by Section 143(3) of the Act, we report that:

(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purposes of our audit;
(b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of
those books;
(c) The Balance Sheet, the Statement of Profit and Lossand the Cash Flow Statement dealt with by this Report are in agreement with the
books of account;
(d) In our opinion, the aforesaid financial statements comply with the Companies (Accounting Standards) Rules, 2006 (as amended) specified
under section 133 of the Act, read with the Companies (Accounts) Rules, 2014;
(e) On the basis of the written representations received from the directors as onMarch 31, 2021 taken on record by the Board of Directors,
none of the directors is disqualified as on March 31, 2021 from being appointed as a director in terms of Section 164 (2) of the Act;
(f) With respect to the adequacy of the internal financial controls with reference to these financial statements and the operating effectiveness
of such controls, refer to our separate Report in “Annexure 2” to this report;
(g) The provisions of section 197 read with Schedule V of the Act in relation to managerialremuneration are not applicable to the Company for
the year ended March 31, 2021; and
(h) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, as amended in our opinion and to the best of our information and according to the explanations given to us:
i. The Company has disclosed the impact of pending litigations on its financial position in its financial statements – Refer Note 25 to the
financial statements;
ii. The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses;
and
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company.
For S.R. Batliboi& Associates LLP
Chartered Accountants
ICAI Firm Registration Number: 101049W/E300004
per Rajeev Kumar
Partner
Membership Number: 213803
UDIN:
Place: Bengaluru
Date: September16, 2021
ANNEXURE 1 TO THE INDEPENDENT AUDITOR’S REPORT OF EVEN DATE ON THE FINANCIAL STATEMENTS OF HONASA
CONSUMER PRIVATE LIMITED
Report on the matters specified in paragraphs 3 and 4 ofthe Companies (Auditor’s Report) Order, 2016 (“the Order”)
(i) (a) The Company has maintained proper records showing full particulars, including quantitative details and situation of property, plant and
equipment.
(b) All property, plant and equipment have not been physically verified by the management during the year, but there is a regular programme of
verification which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. No material discrepancies
were noticed on such verification.
(c) According to the information and explanations given by the management, there are no immovable properties, included in property, plant
and equipment of the Company and accordingly, the requirements under paragraph 3(i)(c) of the Order are not applicable to the Company.
(ii) The inventory has been physically verified by the management during the year. In our opinion, the frequency of verification is
reasonable. No material discrepancies were noticed on such physical verification.Inventories lying with third parties have been confirmed by
them as at March 31, 2021 and no material discrepancies were noticed in respect of such confirmations.
(iii) (a) According to the information and explanations given to us, the Company has not granted any loans, secured or unsecured to
Companies, Firms, Limited Liability Partnerships or other parties covered in the register maintained under section 189 of the Companies Act,
2013 (“the Act”). Accordingly, the provisions of clause 3(iii)(a), (b) and (c) of the Order are not applicable to the Company.
(iv) In our opinion and according to the information and explanations given to us, there are no loans, investments, guarantees and
securities granted in respect of which provisions of section 185 and 186 of the Act are applicable.
(v) The Company has not accepted any deposits within the meaning of Sections 73 to 76 of the Act and the Companies (Acceptance of
Deposits) Rules, 2014 (as amended). Accordingly, the provisions of clause 3(v) of the Order are not applicable.
(vi) To the best of our knowledge and as explained, the Central Government has not specified the maintenance of cost records under
Section 148(1) of the Act, for the products of the Company.
(vii)(a)Undisputed statutory dues including provident fund, employees’ state insurance, income-tax, duty of customs, goods and services tax,
cess and other material statutory dues have generally been regularly deposited with the appropriate authorities though there have been slight
delays in remittance of withholding taxesin few cases.
(b) According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees’ state
insurance, income-tax, duty of customs, goods and services tax, cess and other material statutory dues were outstanding, at the year end, for a
period of more than six months from the date they became payable.
(c) According to the information and explanations given to us, there are no dues of income tax, sales-tax, service tax, duty of customs, duty of
excise, value added tax, goods and services tax and cess which have not been deposited on account of any dispute.

76
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

(viii) The Company did not have any outstanding loans or borrowing dues in respect of a financial institution or bank or to government or
dues to debenture holders during the year.
(ix) According to the information and explanations given by the management, the Company has not raised any money by way of initial
public offer, further public offer (including debt instruments) and term loans. Hence, reporting under clause (ix) is not applicable to the Company.
(x) Based upon the audit procedures performed for the purpose of reporting the true and fair view of the financial statements and according
to the information and explanations given by the management, we report that no fraud by the Company or on the Company by the officers and
employees of the Company has been noticed or reported during the year.
(xi) According to the information and explanations given by the management, the provisions of section 197 read with Schedule V of the
Actrelating to managerial remuneration are not applicable to the Company and hence reporting under clause 3(xi) are not applicable.
(xii) In our opinion, the Company is not a nidhi Company. Therefore, the provisions of clause 3(xii) of the order are not applicable to the
Company.
(xiii) According to the information and explanations given by the management, transactions with the related parties are in compliance with
section 188 of the Act where applicable and the details have been disclosed in the notes to the financial statements, as required by the
applicable accounting standards. The provisions of section 177 are not applicable to the Company and accordingly reporting under clause 3(xiii)
insofar as it relates to section 177 of the Act is not applicable to the Company.
(xiv) According to the information and explanations given to us and on an overall examination of the balance sheet, the Company has not
made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year under review and hence,
reporting requirements under clause 3(xiv) are not applicable to the Company.
(xv) According to the information and explanations given by the management, the Company has not entered into any non-cash transactions
with directors or persons connected with him as referred to in section 192 of the Act.
(xvi) According to the information and explanations given to us, the provisions of section 45-IA of the Reserve Bank of India Act, 1934 are
not applicable to the Company.
For S.R. Batliboi& Associates LLP
Chartered Accountants
ICAI Firm Registration Number: 101049W/E300004
per Rajeev Kumar
Partner
Membership Number: 213803
UDIN:
Place: Bengaluru
Date: September16, 2021
ANNEXURE 2 TO THE INDEPENDENT AUDITOR’S REPORT OF EVEN DATE ON THE FINANCIAL STATEMENTS OF HONASA
CONSUMER PRIVATE LIMITED
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (“the Act”)
We have audited the internal financial controls with reference to the financial statements of Honasa Consumer Private Limited (“the Company”)
as of March 31, 2021 in conjunction with our audit of the financial statements of the Company for the year ended on that date.
Management’s Responsibility for Internal Financial Controls
The Company’s Management is responsible for establishing and maintaining internal financial controls based on the internal control over
financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on
Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India (the “Guidance note”).
These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively
for ensuring the orderly and efficient conduct of its business, including adherence to the Company’s policies, the safeguarding of its assets, the
prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable
financial information, as required under the Act.
Auditor’s Responsibility
Our responsibility is to express an opinion on the Company's internal financial controls with reference to these financial statements based on our
audit. We conducted our audit in accordance with the Guidance Note and the Standards on Auditing as specified under section 143(10) of the
Act, to the extent applicable to an audit of internal financial controls, both issued by the Institute of Chartered Accountants of India (“ICAI”). Those
Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable
assurance about whether adequate internal financial controls with reference to these financial statements was established and maintained and if
such controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls with reference to these
financial statements and their operating effectiveness. Our audit of internal financial controls with reference to these financial statements included
obtaining an understanding of internal financial controls with reference to these financial statements, assessing the risk that a material weakness
exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected
depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to
fraud or error.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the internal financial
controls with reference to these financial statements.
Meaning of Internal Financial Controls with Reference to these Financial Statements
A Company's internal financial control with reference to these financial statements is a process designed to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally
accepted accounting principles. A Company's internal financial controls with reference to these financial statements includes those policies and

77
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions
of the assets of the Company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial
statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made
only in accordance with authorisations of management and directors of the Company; and (3) provide reasonable assurance regarding
prevention or timely detection of unauthorised acquisition, use, or disposition of the Company's assets that could have a material effect on the
financial statements.
Inherent Limitations of Internal Financial Controls with Reference to these Financial Statements
Because of the inherent limitations of internal financial controls with reference to financial statements, including the possibility of collusion or
improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any
evaluation of the internal financial controls with reference to financial statements to future periods are subject to the risk that the internal financial
control with reference to financial statements may become inadequate because of changes in conditions, or that the degree of compliance with
the policies or procedures may deteriorate.
Opinion
In our opinion, the Company has, in all material respects, an adequate internal ■nancial controls with reference to these ■nancial statements
and such internal financial controls with reference to these financial statements were operating effectively as at March 31, 2021, based on the
internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the
Guidance Note issued by the ICAI.
For S.R. Batliboi& Associates LLP
Chartered Accountants
ICAI Firm Registration Number: 101049W/E300004
per Rajeev Kumar
Partner
Membership number: 213803
UDIN:
Place: Bengaluru
Date: September16, 2021

Textual information (14): Disclosure in auditors report relating to fixed assets

(i) (a) The Company has maintained proper records showing full particulars, including quantitative details and situation of property, plant and
equipment. (b) All property, plant and equipment have not been physically verified by the management during the year, but there is a regular
programme of verification which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. No material
discrepancies were noticed on such verification. (c) According to the information and explanations given by the management, there are no
immovable properties, included in property, plant and equipment of the Company and accordingly, the requirements under paragraph 3(i)(c) of
the Order are not applicable to the Company.

Textual information (15): Disclosure relating to physical verification and material discrepancies of fixed assets

All property, plant and equipment have not been physically verified by the management during the year, but there is a regular programme of
verification which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. No material discrepancies
were noticed on such verification.

Textual information (16): Disclosure relating to title deeds of immovable properties

According to the information and explanations given by the management, there are no immovable properties, included in property, plant and
equipment of the Company and accordingly, the requirements under paragraph 3(i)(c) of the Order are not applicable to the Company.

Textual information (17): Disclosure in auditors report relating to inventories

(ii) The inventory has been physically verified by the management during the year. In our opinion, the frequency of verification is reasonable. No
material discrepancies were noticed on such physical verification. Inventories lying with third parties have been confirmed by them as at March
31, 2021 and no material discrepancies were noticed in respect of such confirmations.

Textual information (18): Disclosure in auditors report relating to loans

(iii) (a) According to the information and explanations given to us, the Company has not granted any loans, secured or unsecured to Companies,
Firms, Limited Liability Partnerships or other parties covered in the register maintained under section 189 of the Companies Act, 2013 (“the Act”).
Accordingly, the provisions of clause 3(iii)(a), (b) and (c) of the Order are not applicable to the Company.

78
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Textual information (19): Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies
Act, 2013

(iv) In our opinion and according to the information and explanations given to us, there are no loans, investments, guarantees and securities
granted in respect of which provisions of section 185 and 186 of the Act are applicable.

Textual information (20): Disclosure in auditors report relating to deposits accepted

(v) The Company has not accepted any deposits within the meaning of Sections 73 to 76 of the Act and the Companies (Acceptance of Deposits)
Rules, 2014 (as amended). Accordingly, the provisions of clause 3(v) of the Order are not applicable.

Textual information (21): Disclosure in auditors report relating to statutory dues [Text Block]

(vii)(a) Undisputed statutory dues including provident fund, employees’ state insurance, income-tax, duty of customs, goods and services tax,
cess and other material statutory dues have generally been regularly deposited with the appropriate authorities though there have been slight
delays in remittance of withholding taxes in few cases.
According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees’ state
insurance, income-tax, duty of customs, goods and services tax, cess and other material statutory dues were outstanding, at the year end, for a
period of more than six months from the date they became payable.
According to the information and explanations given to us, there are no dues of income tax, sales-tax, service tax, duty of customs, duty of
excise, value added tax, goods and services tax and cess which have not been deposited on account of any dispute.

Textual information (22): Disclosure relating to regularity in payment of undisputed statutory dues [Text Block]

(vii)(a) Undisputed statutory dues including provident fund, employees’ state insurance, income-tax, duty of customs, goods and services tax,
cess and other material statutory dues have generally been regularly deposited with the appropriate authorities though there have been slight
delays in remittance of withholding taxes in few cases.
According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees’ state
insurance, income-tax, duty of customs, goods and services tax, cess and other material statutory dues were outstanding, at the year end, for a
period of more than six months from the date they became payable.
According to the information and explanations given to us, there are no dues of income tax, sales-tax, service tax, duty of customs, duty of
excise, value added tax, goods and services tax and cess which have not been deposited on account of any dispute.

Textual information (23): Disclosure relating to disputed statutory dues [Text Block]

(vii)(a) Undisputed statutory dues including provident fund, employees’ state insurance, income-tax, duty of customs, goods and services tax,
cess and other material statutory dues have generally been regularly deposited with the appropriate authorities though there have been slight
delays in remittance of withholding taxes in few cases.
According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees’ state
insurance, income-tax, duty of customs, goods and services tax, cess and other material statutory dues were outstanding, at the year end, for a
period of more than six months from the date they became payable.
According to the information and explanations given to us, there are no dues of income tax, sales-tax, service tax, duty of customs, duty of
excise, value added tax, goods and services tax and cess which have not been deposited on account of any dispute.

Textual information (24): Disclosure in auditors report relating to public offer and term loans used for purpose for
which those were raised

(ix) According to the information and explanations given by the management, the Company has not raised any money by way of initial public
offer, further public offer (including debt instruments) and term loans. Hence, reporting under clause (ix) is not applicable to the Company.

Textual information (25): Disclosure in auditors report relating to fraud by the company or on the company by its
officers or its employees reported during period

(x) Based upon the audit procedures performed for the purpose of reporting the true and fair view of the financial statements and according to the
information and explanations given by the management, we report that no fraud by the Company or on the Company by the officers and
employees of the Company has been noticed or reported during the year.

Textual information (26): Disclosure in auditors report relating to managerial remuneration

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HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

(xi) According to the information and explanations given by the management, the provisions of section 197 read with Schedule V of the Act
relating to managerial remuneration are not applicable to the Company and hence reporting under clause 3(xi) are not applicable.

Textual information (27): Disclosure in auditors report relating to transactions with related parties

According to the information and explanations given by the management, transactions with the related parties are in compliance with section 188
of the Act where applicable and the details have been disclosed in the notes to the financial statements, as required by the applicable accounting
standards. The provisions of section 177 are not applicable to the Company and accordingly reporting under clause 3(xiii) insofar as it relates to
section 177 of the Act is not applicable to the Company.

Textual information (28): Disclosure in auditors report relating to preferential allotment or private placement of shares
or convertible debentures

(xiv) According to the information and explanations given to us and on an overall examination of the balance sheet, the Company has not made
any preferential allotment or private placement of shares or fully or partly convertible debentures during the year under review and hence,
reporting requirements under clause 3(xiv) are not applicable to the Company.

Textual information (29): Disclosure in auditors report relating to non-cash transactions with directors or persons
connected with him

(xv) According to the information and explanations given by the management, the Company has not entered into any non-cash transactions with
directors or persons connected with him as referred to in section 192 of the Act.

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HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[400300] Disclosures - Signatories of financial statements

Details of directors signing financial statements [Table]

Unless otherwise specified, all monetary values are in INR
Directors signing financial statements [Axis] 1 2
Period FY 2021
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [Line Items]
Name of director signing financial statements [Abstract]
First name of director Varun Ghazal
Last name of director Alagh Alagh
Designation of director Director Director
Director identification number of director 07597289 07608292
Date of signing of financial statements by director 16/09/2021 16/09/2021

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HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[400400] Disclosures - Directors report

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Textual
Disclosure in board of directors report explanatory [Text Block] Information (30)
Textual
Description of state of companies affair Information (31)
The Board of
Directors of your
company does not
propose to transfer
any amount to the
General Reserve
for the year under
Disclosure relating to amounts if any which is proposed to carry to any reserves review.
Textual
Disclosures relating to amount recommended to be paid as dividend Information (32)
Textual
Details regarding energy conservation Information (33)
The research and
experiments are
carried on as part
of the normal
business activities
and as such no
separate figures
Details regarding technology absorption are available.
Foreign Currency
Earning/Outflow:-
Foreign Currency
Earning : Rs.
8,22,69,598
Foreign Currency
Outflow : Rs.
Details regarding foreign exchange earnings and outgo 3,09,50,215
Textual
Disclosures in director’s responsibility statement Information (34)
There are no such
changes during
Details of material changes and commitment occurred during period affecting financial position of company the year.
Textual
Particulars of loans guarantee investment under section 186 [Text Block] Information (35)
Textual
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block] Information (36)
Textual
Disclosure of extract of annual return as provided under section 92(3) [Text Block] Information (37)
Textual
Disclosure of statement on declaration given by independent directors under section 149(6) [Text Block] Information (38)
Disclosure for companies covered under section 178(1) on directors appointment and remuneration including other matters As Expalined in
provided under section 178(3) [Text Block] Director Report
Textual
Disclosure of statement on development and implementation of risk management policy [Text Block] Information (39)
Details on policy development and implementation by company on corporate social responsibility initiatives taken during year As Expalined in
[Text Block] Director Report
Textual
Disclosure of financial summary or highlights [Text Block] Information (40)
As Expalined in
Disclosure of change in nature of business [Text Block] Director Report
Textual
Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block] Information (41)
Disclosure of companies which have become or ceased to be its subsidiaries, joint ventures or associate companies during year As Expalined in
[Text Block] Director Report
Textual
Details relating to deposits covered under chapter v of companies act [Text Block] Information (42)
Textual
Details of deposits which are not in compliance with requirements of chapter v of act [Text Block] Information (43)
Details of significant and material orders passed by regulators or courts or tribunals impacting going concern status and Textual
company’s operations in future [Text Block] Information (44)
As Expalined in
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block] Director Report

82
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

As Expalined in
Disclosure of appointment and remuneration of managerial personnels [Text Block] Director Report
Number of meetings of board [pure] 9

Details of material contracts/arrangements/transactions at arm's length basis [Table]

Unless otherwise specified, all monetary values are in INR
Material contracts/arrangements/transactions at arm's length basis [Axis] 01 02
Period FY 2021
Details of material contracts/arrangements/transactions at arm's length basis [Abstract]
Details of material contracts/arrangements/transactions at arm's length basis [Line Items]
Name of related party Varun Alagh Ghazal Alagh
Director or his Director or his
Nature of related party relationship relative relative
Sale of traded Sale of traded
Description of nature of material contracts/arrangements/transactions with related party goods goods
Justification for Justification for
entering into such entering into such
contracts or contracts or
arrangements or arrangements or
transactions : Rent transactions : Rent
was revised in was revised in
terms of lease terms of lease
Duration of material contracts/arrangements/transactions with related party agreement agreement
Dates of approval of material contracts/arrangements/transactions with related party by board 27/05/2019 27/05/2019
Amount paid as advances if any for material contracts/arrangements/transactions with related party 999.00 5,115.00

Details of directors signing board report [Table]

Unless otherwise specified, all monetary values are in INR
Directors signing board report [Axis] 1 2
Period FY 2021
Details of signatories of board report [Abstract]
Details of directors signing board report [Line Items]
Name of director signing board report [Abstract]
First name of director Varun Ghazal
Last name of director Alagh Alagh
Designation of director Director Director
Director identification number of director 07597289 07608292
Date of signing board report 16/09/2021 16/09/2021

Textual information (30): Disclosure in board of directors report explanatory [Text Block]

DIRECTORS REPORT
[Pursuant to Section 134 of Companies Act, 2013]
Dear Shareholders,
Your Directors are pleased to present the Fifth Annual Report together with the Audited Financial statements for the year ended 31st March,
2021.
Financial Results:

Particulars Current Financial Year (2021) Previous Financial Year (2020)

Revenue from Operations 4,608,594,986 1,097,841,731

Other Income 44,216,288 22,284,016

Profit/(Loss) before Depreciation, Finance Costs,

303,135,498 (55,828,876)
Exceptional items and Tax Expense

Less: Depreciation/ Amortisation/ Impairment (4,711,513) (3,100,120)

Profit/(Loss) before Finance Costs, Exceptional items and Tax

298,423,985 (58,928,995)
Expense

Less: Finance Costs (1,766,958) (265,810)

Profit/(Loss) before Exceptional items and Tax Expense 296,657,027 (59,194,805)

Add/(less): Exceptional items 0 0

Profit/(Loss) before Tax Expense 296,657,027 (59,194,805)

Less: Tax Expense (Current & Deferred) (50,738,283) 0

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HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Profit/(Loss) for the year (1) 245,918,744 (59,194,805)

Total Comprehensive Income/loss (2) 0 0

Total (1+2) 245,918,744 (59,194,805)

Balance of profit /(loss) for earlier years (100,664,033) (41,469,228)

Less: Transfer to Debenture Redemption Reserve 0 0

Less: Transfer to Reserves 0 0

Less: Dividend paid on Equity Shares 0 0

Less: Dividend paid on Preference Shares 0 0

Less: Dividend Distribution Tax 0 0

Balance carried forward Profit / (Losses) 145,254,711 (100,664,033)

Transfer to General Reserve

The Board of Directors of your company does not propose to transfer any amount to the General Reserve for the year under review.
Dividend:
The Board of Directors of your company, after considering holistically the relevant circumstances and keeping in view the companys dividend
distribution policy, has decided that it would be prudent, not to recommend any Dividend for the year under review.
Operations and State of Companys affairs:
THE HIGHLIGHTS OF THE COMPANYS PERFORMANCE FOR THE YEAR ENDED 31ST MARCH, 2021 ARE AS UNDER:
Value of sales increased by 319.8% to INR 4,608,594,986 EBITDA increased by 642.9% to INR 303,135,498 Profit Before Tax increased by
601.2% to INR 296,657,027 Cash Profit (Profit after tax + Depreciation) Increased by 546.8% to INR 250,630,256 Deposits from public:
During the year under review the company has not accepted any deposits from public.
Annual Return:
As per provisions of Section 92(3) of the Companies Act, 2013, Annual Return of the Company for F.Y. 2020-2021 will be placed on the website
of the Company.
The same may be viewed through following Link:
http://honasa.in/admin/annual_reports/detail/1
Meetings of the Board:
9 meetings of the Board of Directors were held during the year. Details of the same are as follows:

Date Board Strength No. of directors present

20-05-2020 5 5

22-07-2020 5 5

28-10-2020 5 5

05-11-2020 5 5

22-12-2020 5 5

04-02-2021 5 5

04-03-2021 5 5

08-03-2021 5 5

19-03-2021 5 5

Directors' Responsibility Statement:-

Pursuant to requirement under sub-section (3) and (5) of Section 134 of the Companies Act, 2013, with respect to Directors Responsibility
Statement, your directors state that:
In the preparation of the Annual Accounts, the applicable accounting standards read with requirements set out under Schedule III to the Act,
have been followed and there are no material departures from the same; The Directors have selected such accounting policies and applied them
consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the
company as at 31st March 2021 and of the profit/loss of the company for that period; The Directors have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the company and for
preventing and detecting fraud and other irregularities; The Directors have prepared the annual accounts on a going concern basis. The
Directors have laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and are
operating effectively) The directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such
systems are adequate and operating effectively. Particulars of Loans, Guarantees or Investment under Section 186
During the period under review the company has not granted any loans, Guarantees or has not made any investment under Section 186 of the
Companies Act, 2013.

Sr. No. Name of the Party Opening Balance Dr. Cr. Closing Balance

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HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

1 - - - - -

2 - - - - -

Risk Management:-
The Company manages monitors and reports on the principal risks and uncertainties that can impact its abilities to achieve its strategic
objectives. No such risk has been identified during the year.
Foreign Currency Earning/Outflow:-
Foreign Currency Earning : Rs. 8,22,69,598
Foreign Currency Outflow : Rs. 3,09,50,215
Contracts and arrangements with related parties:-
During the period under review the company has entered into related party transactions on arms length basis. Details of related party
transactions during the year is attached as Annexure II in Form AOC-2 as per the provisions of Section 188(1) of the Companies Act, 2013 and
Rule 8(2) of The Companies (Accounts) Rules, 2014.
Statement on Declaration Given by Independent Directors:
The Company being a private company, section 149(6) of Companies Act, 2013 is not applicable.
Change in Directors:
During the year under review, Mr. Vivek Gambhir (DIN: 06527810) was appointed as Independent Director (Non-Executive) on 24.03.2021 to the
Board of Directors of the Company.
The Company has received declarations from all the Independent Directors of the Company confirming that:
They meet the criteria of independence prescribed under the Act; and They have registered their names in the Independent Directors Databank.
Change in KMP:
There was no change in KMP during the year under review.
Auditors
Statutory auditors
M/s. S.R. Batliboi & Associates LLP, Chartered Accountants, registered with the Institute of Chartered Accountants of India bearing Firm
Registration No. 101049W/E300004 were re-appointed as Statutory Auditors of the Company in the Annual general meeting of shareholders of
the company held on 30th September, 2019 to act as statutory auditors of the Company from conclusion of the 3rd Annual General meeting till
Conclusion of 8th Annual General Meeting of the Company. The auditors of company have given their consent for such re-appointment.
Reservation and qualification on Auditor Report:
Auditors Report is selfexplanatory and does not need any other explanation/or clarification. Further the Auditor of the Company have not raised
any qualification, reservation or any adverse remarks regarding the functioning of the Company in the Auditors report of the financial year under
review.
Reservation and qualification on Secretarial Auditors Report:
The Company being a private company, Secretarial Audit Under section 204 of Companies Act, 2013 is not applicable.
Material changes and commitments affecting financial position between the end of the financial year and date of report:
There are no such changes during the year.
Particulars of Employees and related disclosures:
None of the employee is in receipt of remuneration in excess of the limits prescribed under Rule 5(2) of Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014.
Conservation of energy:
In the opinion of the directors there is no need to take any measure in this regard. The company does not have any proposal for additional
investment in this regard. The details of energy consumption are not required to be given.
Technology absorption:
The research and experiments are carried on as part of the normal business activities and as such no separate figures are available.
Disclosure under SHWW(PPR) Act, 2013
The Company has in place an Anti Sexual Harassment Policy in line with requirements of the Sexual Harassment of Women at Workplace
(Prevention, Prohibition and Redressal) Act, 2013. The following is a summary of sexual harassment complaints received and disposed off
during the year 2020-21.
Number of complaints received : 00 Number of Complaints Disposed off : 00 General Disclosures Disclosure under Section 131(1): The
Company has not revised its financial statements or its Board report during the relevant financial year. Hence no disclosure is required.
Disclosure under Section 149(10):-As the Company being a private Company, there is no requirement of appointment of Independent Director.
Disclosure under Section 177(8): As the Company does not fall under this section, there is no requirement of constitution of Audit Committee.
Disclosure on Vigil Mechanism under Prov. to Section 177 (10): As the Company does not fall under this section, there is no requirement of
establishment of vigil mechanism. Details of Remuneration pursuant to Section 197(12) & Rule 5 of the Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014: Company not being a Listed Company, provisions of Section 197(12) are not applicable.
Disclosure under Section 134(3)(p): The Company, being a private company, Annual Evaluation under section 134(3)(p) is not mandatory.
Details of Significant and Material Orders passed by the Regulators or Courts or Tribunals, etc
No significant and material orders have been passed by any regulators or courts or tribunals against the Company impacting the going concern
status and Company's operations in future.
Change in Share Capital
During the Financial Year under review the Authorized Share Capital of the company remained unchanged at INR 6,25,300 (Indian Rupees Six
Lakhs Twenty Five Thousand And Three Hundred) divided into;

85
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

40,000 (Forty Thousand) Equity Shares of INR 10 (Indian Rupees Ten) each, 580 (Five Hundred and Eighty) Equity Shares of INR 100 (Indian
Rupees Hundred) each, 5839 (Five Thousand Eight Hundred and Thirty Nine) Class A Compulsorily Convertible Non-Cumulative Preference
Shares of INR 10 (Rupees ten) each, 1,885 (One Thousand Eight Hundred Eighty Five) Class B Compulsorily Convertible Non-Cumulative
Preference Shares of INR 10 (Rupees Ten) each, 4,845 (Four Thousand Eight Hundred Forty Five) Class C Compulsorily Convertible Non
cumulative Preference Shares of INR 10 (Rupees Ten) each, and; 4161 (Four Thousand One Hundred and Sixty One) Class D Compulsorily
Convertible Non Cumulative Preference Shares of INR 10 (Rupees Ten) each.
Further during the financial year under review the company has increase paid up capital from INR 245,790 to INR 245,970. Following class of
shares were issued during the financial year:
18 Equity Shares (ESOP Shares) of Rs. 10 each. ESOP
Disclosures as per provisions of Section 62 read with Rule 12(9) of the Companies (Share Capital and Debentures) Rule, 2014:

a Options Granted 447

b Options Vested NIL

c Options Exercised 18

d The total number of shares arising as a result of exercise of option 18

e Option Lapsed NIL

Rs. 25,889;
Rs. 54,522;
f The Exercise Price Rs. 2,63,566;
Rs. 8,69,248; and
Rs. 10,54,529

g Variation in terms of Options NA

h Money Realized by exercise of Options 8,95,347

i Total Number of Options in force 429

Employee wise details of Options granted to:-

Key Managerial Personnel Any other employee who receives a grant of options in any one
year of option amounting to five percent or more of options granted during the year. Identified
j NIL NIL NIL
Employees who were granted option, during any one year, equal to or exceeding one percent
of the issued capital (excluding outstanding warrants and conversions) of the Company at the
time of grant.

Corporate Governance:
The management has taken every possible steps to ensure Efficient and Transparent governance of the affairs of the Company. The Board is
committed towards the compliance of all laws of the land as may be applicable on the company and management of the affairs of the
organization in the best interest of all stakeholders of the Company. However the Company being a Private Limited Company is not required to
disclose the corporate governance policy and measures in the Boards report.
Acknowledgement:
Your Directors would like to express their sincere appreciation for the assistance and co-operation received from the financial institutions,
Government Authorities, customers, vendors and members during the year under review. Your directors also wish to place on record their deep
sense of appreciation for the committed services by the Companys executives, staff and workers.
For and on behalf of the Board
HONASA CONSUMER PRIVATE LIMITED
Varun Alagh Ghazal Alagh
Director Director
DIN: 07597289 DIN: 07608292
Date :
Place : Gurgaon
Annexure B
Form No. AOC-2
RELATED PARTY TRANSACTION
(Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014)
Details of contracts or arrangements or transactions not at arms length basis Name(s) of the related party and nature of relationship- N.A. Nature
of contracts /arrangements/ transactions- N.A. Duration of the contracts /arrangements/ transactions- N.A. Salient terms of the contracts or
arrangements or transactions including the value, if any- N.A. Justification for entering into such contracts or arrangements or transactions- N.A.
Date(s) of approval by the Board- N.A. Amount paid as advances, if any- N.A. Date on which the special resolution was passes in general
meeting as required under first proviso to section 188- N.A. Details of material contracts or arrangements or transactions at arms length basis
Name(s) of the related party and nature of relationship-

Name of Related Party Nature of Relationship

Varun Alagh Director

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HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Ghazal Alagh Director

Mukesh Alagh Relative of KMP

Nature of contracts /arrangements/ transactions- N.A.

Name of Related Party Nature of contracts/arrangements/ transactions

Varun Alagh Sale of traded goods

Ghazal Alagh Sale of traded goods

Duration of the contracts /arrangements/ transactions- Transactions are in ordinary course of business. Salient terms of the contracts or
arrangements or transactions including the value, if any-

Name of Related Party Nature of contracts/arrangements/ transactions Value (INR)

Varun Alagh Sale of traded goods 999

Ghazal Alagh Sale of traded goods 5,115

Justification for entering into such contracts or arrangements or transactions- N.A. Date(s) of approval by the Board- N.A. Amount paid as
advances, if any- N.A.
For and on behalf of the Board
HONASA CONSUMER PRIVATE LIMITED
Varun Alagh Ghazal Alagh
Director Director
DIN: 07597289 DIN: 07608292
Date : 16-09-2021
Place : Gurgaon

Textual information (31): Description of state of companies affair

Operations and State of Company’s affairs: THE HIGHLIGHTS OF THE COMPANY’S PERFORMANCE FOR THE YEAR ENDED 31ST
MARCH, 2021 ARE AS UNDER: Value of sales increased by 319.8% to INR 4,608,594,986 EBITDA increased by 642.9% to INR 303,135,498
Profit Before Tax increased by 601.2% to INR 296,657,027 Cash Profit (Profit after tax + Depreciation) Increased by 546.8% to INR 250,630,256

Textual information (32): Disclosures relating to amount recommended to be paid as dividend

The Board of Directors of your company, after considering holistically the relevant circumstances and keeping in view the company’s dividend
distribution policy, has decided that it would be prudent, not to recommend any Dividend for the year under review.

Textual information (33): Details regarding energy conservation

In the opinion of the directors there is no need to take any measure in this regard. The company does not have any proposal for additional
investment in this regard. The details of energy consumption are not required to be given.

Textual information (34): Disclosures in director’s responsibility statement

Directors' Responsibility Statement:- Pursuant to requirement under sub-section (3) and (5) of Section 134 of the Companies Act, 2013, with
respect to Directors’ Responsibility Statement, your directors state that: In the preparation of the Annual Accounts, the applicable accounting
standards read with requirements set out under Schedule III to the Act, have been followed and there are no material departures from the same;
The Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the company as at 31st March 2021 and of the profit/loss of the company for
that period; The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the
provisions of the Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities; The Directors
have prepared the annual accounts on a ‘going concern’ basis. The Directors have laid down internal financial controls to be followed by the
company and that such internal financial controls are adequate and are operating effectively) The directors have devised proper systems to
ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

Textual information (35): Particulars of loans guarantee investment under section 186 [Text Block]

Particulars of Loans, Guarantees or Investment under Section 186

During the period under review the company has not granted any loans, Guarantees or has not made any investment under Section 186 of the
Companies Act, 2013.

Sr. No. Name of the Party Opening Balance Dr. Cr. Closing Balance

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HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

1 - - - - -

2 - - - - -

Textual information (36): Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]

Contracts and arrangements with related parties:-

During the period under review the company has entered into related party transactions on arm’s length basis. Details of related party
transactions during the year is attached as Annexure II in Form AOC-2 as per the provisions of Section 188(1) of the Companies Act, 2013 and
Rule 8(2) of The Companies (Accounts) Rules, 2014.

Textual information (37): Disclosure of extract of annual return as provided under section 92(3) [Text Block]

As per provisions of Section 92(3) of the Companies Act, 2013, Annual Return of the Company for F.Y. 2020-2021 will be placed on the website
of the Company.
The same may be viewed through following Link:
http://honasa.in/admin/annual_reports/detail/1

Textual information (38): Disclosure of statement on declaration given by independent directors under section 149(6)
[Text Block]

The Company being a private company, section 149(6) of Companies Act, 2013 is not applicable.

Textual information (39): Disclosure of statement on development and implementation of risk management policy [Text
Block]

The Company manages monitors and reports on the principal risks and uncertainties that can impact its abilities to achieve its strategic
objectives. No such risk has been identified during the year.

Textual information (40): Disclosure of financial summary or highlights [Text Block]

Financial Results:

Particulars Current Financial Year (2021) Previous Financial Year (2020)

Revenue from Operations 4,608,594,986 1,097,841,731

Other Income 44,216,288 22,284,016

Profit/(Loss) before Depreciation, Finance Costs,

303,135,498 (55,828,876)
Exceptional items and Tax Expense

Less: Depreciation/ Amortisation/ Impairment (4,711,513) (3,100,120)

Profit/(Loss) before Finance Costs, Exceptional items and Tax

298,423,985 (58,928,995)
Expense

Less: Finance Costs (1,766,958) (265,810)

Profit/(Loss) before Exceptional items and Tax Expense 296,657,027 (59,194,805)

Add/(less): Exceptional items 0 0

Profit/(Loss) before Tax Expense 296,657,027 (59,194,805)

Less: Tax Expense (Current & Deferred) (50,738,283) 0

Profit/(Loss) for the year (1) 245,918,744 (59,194,805)

Total Comprehensive Income/loss (2) 0 0

Total (1+2) 245,918,744 (59,194,805)

Balance of profit /(loss) for earlier years (100,664,033) (41,469,228)

Less: Transfer to Debenture Redemption Reserve 0 0

Less: Transfer to Reserves 0 0

Less: Dividend paid on Equity Shares 0 0

88
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

Less: Dividend paid on Preference Shares 0 0

Less: Dividend Distribution Tax 0 0

Balance carried forward – Profit / (Losses) 145,254,711 (100,664,033)

Textual information (41): Details of directors or key managerial personnels who were appointed or have resigned
during year [Text Block]

During the year under review, Mr. Vivek Gambhir (DIN: 06527810) was appointed as Independent Director (Non-Executive) on 24.03.2021 to the
Board of Directors of the Company.
The Company has received declarations from all the Independent Directors of the Company confirming that:
They meet the criteria of independence prescribed under the Act; and
They have registered their names in the Independent Directors’ Databank.

Textual information (42): Details relating to deposits covered under chapter v of companies act [Text Block]

During the year under review the company has not accepted any deposits from public.

Textual information (43): Details of deposits which are not in compliance with requirements of chapter v of act [Text
Block]

During the year under review the company has not accepted any deposits from public.

Textual information (44): Details of significant and material orders passed by regulators or courts or tribunals
impacting going concern status and company’s operations in future [Text Block]

No significant and material orders have been passed by any regulators or courts or tribunals against the Company impacting the going concern
status and Company's operations in future.

89
HONASA CONSUMER PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021 (generated by PrivateCircle)

[400500] Disclosures - Secretarial audit report

Unless otherwise specified, all monetary values are in INR

Period FY 2021
Whether secretarial audit report is applicable on company No

90