Veerhealth Care Secures Oral Care Order via Indo-Canadian JV
Veerhealth Care Limited has received a sample order worth ₹0.07 Lacs for oral care products from a company with an Indo-Canadian joint venture. This client is a major global supplier of luxury amenities to hotels and airlines. A Memorandum of Understanding (MoU) has been signed for a long-term business relationship, with expectations of significantly larger orders in the future. The company anticipates supplying oral care products to the Indian, USA, and Canadian markets through this partnership. Veerhealth Care projects a total income of ₹105 crores with a PAT of ₹5-7 crores in FY 2026-27, and expects an additional turnover of ₹3-4 crores from this client within six months. For FY 2027-28, they forecast a total income of ₹156 crores with a PAT of ₹9-11 crores, including an additional ₹10 crores turnover from this client.
Key Highlights
- Secured sample order for oral care products from Indo-Canadian JV client.
- Signed MoU for long-term business, expecting larger future orders.
- Partnership to supply oral care products to India, USA, and Canada.
- Projected FY27 income of ₹105 Cr, with ₹3-4 Cr from new client.
- Company holds USFDA plant clearance, a rare achievement for small-caps.
Price Impact
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