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Mamaearth gross profitability metrics are healthy – CEO Varun Alagh

Mamaearth gross profitability

Mamaearth gross profitability metrics – CEO

Mamaearth gross profitability – In the upcoming years, Honasa Consumer Pvt Ltd, the company that owns the skincare line Mamaearth, aims to expand its offline presence in India, according to Varun Alagh, co-founder and CEO of the business. 
“Our measures for gross profitability are in excellent shape. And from the perspective of the gross profitability profile, if we were to compare it to the listed FMCG counterparts, we’d probably be in the top 5% of the set, Alagh remarked in a talk with Udayan Mukherjee, global business editor, Business Today TV. 
“I don’t believe we need any additional funding for our inorganic goals. We might need outside funding, but that isn’t something that is planned out. The type of chances we find in the market will determine this. 
Mamaearth mainly conducted D2C retailing before moving on to internet markets and then expanding offline. According to Alagh, a significant portion of category transactions take place offline, and every brand should have stores where its customers frequent. We now have locations in more than 100 cities and nearly 40,000 retailers. Alagh stated, “From an availability viewpoint, we continue to double down on it.

Mamaearth gross profitability

There are only three reasons why we would like to acquire a business, according to the former Hindustan Unilever CEO, while speaking about acquisitions. One is whether it expands on our India portfolio in terms of either the offer, the price, or the R&D that went into that combination. In the second place, if it expands the portfolio geographically, which is where we want to enter a new market. And in the third scenario, where something akin to a Momspresso might come into play, there is a chance we could develop a skill that we do not already possess. 
Alagh revealed some details, saying that Mamaearth was created as a result of parental stress after its co-founders, husband-and-wife team Varun and Ghazal Alagh, were unable to effectively treat their infant son’s skin issue with remedies on the Indian market. Eventually, the couple was able to fulfil their requirement by ordering items from outside. They started a toxin-free clean label brand for newborns in India after looking for safe, organic things for their child. 
Since its establishment in 2016, Mamaearth has gained a following in India because to its selection of toxic-free face cleansers, shampoos, and hair oils. In the personal care sector, it faces competition from Procter & Gamble Co. and Hindustan Unilever, a division of Unilever in India.