Veerhealth Care Receives Repeat Order Worth Approximately 1.11 Crores from Leading Pharmacy Network

Veerhealth Care Receives Repeat Order Worth Approximately 1.11 Crores from Leading Pharmacy Network​

Veerhealth Care Limited, a fast-growing Ayurvedic and Herbal Cosmetic company, secured a repeat order valued at approximately 1.11 crores from one of India's leading large retail networks of pharmacies and healthcare providers.

The repeat order pertains to the supply of Hair Care and Oral Care Products and is scheduled for execution within 45 days. The purchasing entity is described as an India's Leading large retail network, possessing a nationwide presence and an extensive chain of hospitals across the country.

Ayuveer, specializing in Ayurvedic medicines and oral care products, is part of Veerhealth Care Limited and focuses on crafting quality and affordable products using natural ingredients to offer an exceptional daily care experience.

In terms of financial projections, the company anticipates Total Income of approximately 105 crores for Fiscal Year (F.Y.) 2026-27, with a minimum Profit After Tax (PAT) target set at 5-6 crores. Looking ahead to F.Y. 2027-28, Veerhealth Care expects Total Income to reach approximately 156 crores, targeting a minimum PAT of 9-10 crores.

The company's current financial standing shows a Book Value per share of approximately 11.46 for FY26. Management noted that the Book Value per share is expected to increase substantially with the anticipated funds from preferential warrants.

Veerhealth Care Limited specializes in manufacturing Pure Vegetarian toothpaste and has secured USFDA plant clearance, placing it in a distinctive category globally among small-cap companies. The company is also currently in advanced discussions with one of India's largest hotel amenities suppliers that operates as an Indo-Canadian joint venture.

To support its growth trajectory, the Preferential Issue Committee of the company approved the allotment of 10,00,000 fully convertible warrants. Each warrant carries a right to subscribe to one equity share per warrant for cash at an issue price of Rs. 20.25 via preferential allotment. Promoters contributed 45,37,000 such warrants toward this tranche. Management stated that the forthcoming expansion funded by these preferential warrants could exceed both the anticipated Total Income and PAT targets.

LAXMICOT Stock Price Movement​

Shares of Laxmi Cotspin Limited are edging higher to ₹15.24 as of 3:27 PM today, climbing 2.76% in live trading. The stock maintains strong intraday momentum, having traded between a low of ₹14.62 and a high of ₹15.35 during the current market session.