Veerhealth Care Limited announced receipt of a repeat order worth approximately ₹1.11 crore from one of India's leading large retail networks of pharmacies and healthcare companies. The order is for the supply of hair care and oral care products and is expected to be executed within 45 days.
The buyer is described as an India's leading large retail network of pharmacies and healthcare company with nationwide presence, offering genuine healthcare products and operating an extensive chain of hospitals across the country.
Financial Projections
The company provided forward-looking financial expectations:
- For FY 2026-27: Expected Total Income of approximately ₹105 crores with PAT of minimum ₹5-6 crores
- For FY 2027-28: Expected Total Income of approximately ₹156 crores with PAT of minimum ₹9-10 crores
Capital Structure Update
The Preferential Issue Committee of the company has approved the allotment of 1,00,00,000 fully convertible warrants, each carrying a right to subscribe to one equity share per warrant. The warrants are issued for cash at an issue price of ₹20.25 per warrant by way of preferential allotment. Out of these preferential warrants, 45,37,000 warrants are contributed by Promoters.
The company stated that the expected Total Income and PAT figures could be exceeded with forthcoming expansion funded by the preferential warrants monies.
Additional Business Information
The Book Value per share for FY26 is approximately ₹11.46. The company expects this Book Value per share will increase substantially with the preferential warrants monies.
The company is currently in advanced stages of talks with one of India's largest hotel amenities suppliers, described as having an Indo-Canadian joint venture.
Company Differentiation
Veerhealth Care highlighted that globally, very few small-cap companies have secured USFDA plant clearance, positioning the company in a distinctive category. The company specializes in manufacturing Pure Vegetarian toothpaste.
Disclaimer
The document includes a standard forward-looking statement disclaimer noting that certain statements are subject to risks and uncertainties including government actions, local/political/economic developments, technological risks, and other factors that could cause actual results to differ materially from forward-looking statements.