Key Financial Figures (FY 2025-26)
- Revenue from Operations: ₹1159.47 lakhs (Previous year: ₹304.75 lakhs)
- Other Income: ₹37.68 lakhs (Previous year: ₹92.13 lakhs)
- Total Revenue: ₹1197.15 lakhs (Previous year: ₹396.88 lakhs)
- Profit Before Tax: ₹37.58 lakhs (Previous year: ₹65.02 lakhs)
- Provision for Tax: ₹8.17 lakhs (Previous year: ₹13.56 lakhs)
- Deferred Tax Assets: ₹2.17 lakhs
- Net Profit After Tax: ₹31.57 lakhs (Previous year: ₹51.47 lakhs)
- Earnings Per Share (Basic & Diluted): ₹0.01 (Previous year: ₹0.02)
- Transfer to General Reserve: ₹31.57
- No dividend recommended for the year
Business Performance Highlights
- Significant revenue growth from ₹396.88 lakhs to ₹1197.15 lakhs year-over-year
- Net profit decreased from ₹51.47 lakhs to ₹31.57 lakhs
- FPI investment of 12,379,500 shares representing 5.13% of total equity
- Company establishing manufacturing plants for tablets, capsules, anesthetic liquid, and sachets with expected commercial production in January 2026
Capital Structure Changes
- Preferential issue of 5,800,000 equity shares at ₹6 per share (face value ₹1) on March 23, 2026
- Funds raised: ₹348 lakhs for laboratory equipment, AHU, furniture, and general corporate purposes
- Listing date for preferential shares: May 07, 2026
- Authorized share capital increased to ₹26,00,00,000
- Paid-up share capital as of March 31, 2026: ₹24,13,57,000 (241,357,000 equity shares of ₹1 each)
Migration to Main Board
- Successfully migrated from BSE SME platform to BSE Main Board effective January 02, 2026
- Approval received vide Ref. No.: LO/Migration/SN/MIG-TP/634/2025-26
- Migration approved based on meeting eligibility criteria: paid-up capital > ₹10 crores, market capitalization > ₹25 crores, and 3+ years listed on SME
Registered Office Change
- Changed effective January 21, 2026 from:
Previous: 610, Colonade, Behind Iscon Temple, Opposite Iscon BRTS Bus Stand, Iscon-Ambli Road, Ahmedabad-380058
New: 504, 5th Floor Iscon Elegence, Circle-P, Sarkhej Gandhinagar Highway, S A C, Ahmedabad-380015
Amalgamation Plan
- Board approved scheme of amalgamation with Zenith Healthcare Limited on July 14, 2026
- Achyut Healthcare Limited (Transferor Company) to amalgamate with Zenith Healthcare Limited (Transferee Company)
- Share exchange ratio: 119 equity shares of Zenith for every 50 equity shares of Achyut
- Consideration: No cash consideration, only equity shares
- Subject to approvals from NCLT, shareholders, creditors, and regulatory authorities
- Rationale: Business synergy, expanded product portfolio, manufacturing capacity optimization, and simplified group structure
AGM Details
- Date: September 29, 2026 (Tuesday)
- Time: 10:30 AM onwards
- Mode: Video Conferencing/Other Audio Visual Mode
- Record Date: September 22, 2026
- Remote e-voting period: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
Agenda Items
Ordinary Business
1. Adoption of audited financial statements for FY 2025-26
2. Reappointment of Mr. Mahendra C. Raycha (DIN: 00577647) who retires by rotation
Special Business
3. Reappointment of Mr. Jigen J. Modi (DIN: 03355555) as Managing Director for 5 years from November 01, 2026 to October 31, 2031 with remuneration of ₹1,80,000 per annum
4. Reappointment of Mrs. Sonu Lalitkumar Jain (DIN: 09387661) as Non-Executive Independent Director for 5 years from November 01, 2026 to October 31, 2031 with sitting fees of ₹36,000
5. Reappointment of Mr. Rutvik Sanjaykumar Thakkar (DIN: 09387486) as Non-Executive Independent Director for 5 years from November 01, 2026 to October 31, 2031 with sitting fees of ₹36,000
Board Composition
- Mr. Jigen J. Modi - Managing Director/CFO
- Mr. Mahendra C. Raycha - Chairman & Non-Executive Director
- Mrs. Amisha J. Modi - Executive Director
- Mr. Akshit M. Raycha - Non-Executive Director
- Mr. Rutvik S. Thakkar - Independent Director
- Ms. Sonu L. Jain - Independent Director
- Mr. Paragkumar S Dave - Independent Director
- Mr. Rajesh C Sutaria - Independent Director
Key Managerial Personnel
- Mr. Kaushalkumar Shrikrishnabhai Dave - Company Secretary (appointed w.e.f. June 05, 2025)
- Mr. Jigen J. Modi - CFO
Corporate Governance
- Board met 8 times during the year
- Audit Committee met 4 times
- Nomination and Remuneration Committee met 2 times
- Stakeholders Relationship Committee met 2 times
- Whistle Blower Policy implemented and operational
Manufacturing Facility Update
- Developing pharmaceutical manufacturing facility at Survey No. 1078, Bhat Chacharvadi Road, Taluka Daskori, Bhat Village, Dist. Ahmedabad
- Intended to conform to EU Good Manufacturing Practice (GMP) certification standards
- Expected to start commercial production in January 2026
Foreign Exchange Details
- Foreign Exchange Earned: ₹477.58 lakhs (from sale of finished goods)
- Foreign Exchange Outgo: Nil
Voting Instructions
- Remote e-voting through NSDL platform
- Shareholders can vote from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
- Physical attendance dispensed with due to MCA circulars allowing VC/OAVM meetings
Inspection of Documents
- Relevant documents available for inspection at registered office during business hours
- Annual report available on company website: www.achyuthealthcare.com
#Tags: #AchyutHealthcare #AnnualReport #SEBIRegulation34 #AGM2026 #Pharmaceuticals #Amalgamation #BSEListing #FinancialResults #Neutral