Veerhealth Care Ltd (NIYATILEAS) — concall transcript | 31 March 2024

· BSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Veerhealth Care targets INR42 crores revenue and INR6 crores EBITDA by FY25, with US exports reaching INR25-30 crores annually by next year.
🔄 What Changed
EBITDA margin improved to 13.70% and export contribution rose to 30% of business compared to previous period, reflecting stronger international demand and contract manufacturing growth.
🔮 What's Next
US export revenue target of INR12-15 crores for current fiscal and INR25-30 crores annually next year, with brand revenue contribution targeted at 35% and total revenue of INR42 crores by FY25.
💡 Investor Takeaway
The company is aggressively expanding its US market presence with existing FDA registration accelerating customer acquisition, positioning it to capitalize on shifting supply chains from China.

Veerhealth Care reported FY24 revenue of INR1,461.29 lakhs with EBITDA margin at 13.70%, driven by 30% export contribution and 55% contract manufacturing. Management targets INR42 crores revenue and INR6 crores EBITDA by FY25, with US exports projected at INR12-15 crores this year and INR25-30 crores annually next year. New capacity expansion plans include a facility under evaluation for oral and body care, while brand revenue aims to grow from 15% to 35% of total. The company is USFDA registered, targeting six major US clients amid China supply chain shifts, with rights issue update expected within four weeks.

📄 View Original Announcement (PDF)

About Veerhealth Care Ltd (NIYATILEAS)

Healthcare · Pharmaceuticals · Listed on BSE

Market Cap: ₹98.65 Cr P/E: 64.9 ROE: 6.9% ROCE: 11.2%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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