• Type of Event: Earnings Conference Call to discuss Q1 FY27 financial and operational results.
  • Date and Time: The call was hosted on August 14, 2026. A specific start time was not mentioned in the transcript.
  • Stated Purpose: To discuss the Operational and Financial performance for the quarter ended June 30, 2026 (Q1 FY27).
  • Earnings Timing: The call was held after the earnings announcement, as management referred to results that were "uploaded yesterday."
  • Management Participants: The call featured:
  • Mr. Himanshu Zota – Founder and Whole-Time Director
  • Mr. Moxesh Zota – Managing Director
  • Dr. Sujit Paul – Group Chief Executive Officer

The call was moderated by Ajit Mishra from EY Investor Relations.

  • Availability of Materials: The transcript of the call was made available on the company's website. The press release, presentation, and results were also referenced as being available on the exchange and company website.
  • UPSI Statement: The opening remarks included a standard disclaimer that the discussion may contain forward-looking statements involving risks and uncertainties, but there was no explicit statement confirming that no Unpublished Price Sensitive Information (UPSI) would be shared.

Financial & Operational Highlights from the Call:

  • Financial Period Discussed: Q1 FY27 (quarter ended June 30, 2026).
  • Revenue: Revenue from operations grew 67.6% Year-on-Year (YoY) to INR 17,360 Lakhs (INR 173.6 Cr).
  • Gross Profit & Margin: Gross profit stood at INR 10,756 Lakhs (INR 107.56 Cr) with a gross margin of 61.96%.
  • Store Network: The Davaindia retail network expanded to 2,825 stores as of June 30, 2026, comprising 1,855 COCO (Company-Owned Company-Operated) and 970 FOFO (Franchisee-Owned Franchisee-Operated) stores.
  • Store Additions: The company added a gross 264 new stores (201 COCO, 63 FOFO) and closed 18 stores (2 COCO, 16 FOFO), resulting in a net addition of 246 stores in Q1.
  • Customer Metrics: The network served nearly 60 lakh (6 million) customer footfalls during the quarter. Total Gross Merchandise Value (GMV) reached INR 16,402 Lakhs (INR 164.02 Cr).
  • Marketing Spend: Marketing and advertising expenditure was INR 15-17 Crore in Q1 FY27, a significant increase from the total INR 18 Crore spent in the entire previous financial year (FY26). This was attributed to onboarding Mahendra Singh Dhoni as a brand ambassador and related campaigns.
  • Investments: The company made investments in subsidiaries, including a rights issue in Davaindia Health Mart Limited and INR 2 Crore each in SKIA and UGO Generics, which are in early rollout phases.
  • Guidance & Outlook:
  • Store Expansion: Target of 600-650 new store additions for FY27. The pace will moderate in Q2 to focus on productivity before picking up again in Q3 and Q4.
  • Profitability: The company expects to return to reported EBITDA positivity from the next quarter (Q2 FY27) onwards. Cash breakeven is projected to be achieved by Q4 FY27 or Q1 FY28.
  • Margins: Gross margin was impacted by increased input costs (packaging, bottles) due to geopolitical events, but this is expected to be short-lived (1-2 quarters), with margins returning to historical levels thereafter.

Additional Notes Section

  • Attachments: The regulatory filing intimates that the transcript of the earnings call was enclosed and is available on the company website via a provided link.
  • Financial Data Disclosure: This announcement itself did not disclose financial figures; it only intimated the availability of the call transcript. The financial figures summarized above were extracted from the content of the enclosed transcript.
  • Compliance Reference: The filing was made under Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.