Veerhealth Care Limited announced receipt of a new sample order worth approximately ₹76.40 lakh from one of India's leading FMCG companies for skincare products. The order is from the same client and involves supply of skincare products.
The order will be executed within 45 days from the announcement date. Under the agreement, the company will manufacture products that will be launched under a new MRP structure specifically designed for brand promotion and market expansion.
The buyer is described as a leading FMCG company operating in domestic and international markets in the personal and household care segment. This company is part of a 125-year-old prominent business group.
Financial Projections
The company provided forward-looking financial projections:
- 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 book value per share for FY26 is ₹11.46. The company noted that with recently received preferential warrants monies, the book value per share will increase substantially.
Business Development Update
The company is in advanced stages of talks with one of India's largest hotel amenities suppliers, which has 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 Included
The document contains a standard disclaimer noting that forward-looking statements are subject to risks and uncertainties including government actions, economic developments, technological risks, and other factors that could cause actual results to differ materially from projections.