1. Approved Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and financial year ended March 31, 2026. The said Audited Financial Results prepared in ....
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Arvaya Healthcare Limited (formerly Bijoy Hans Ltd) reported audited FY26 results showing significant transformation. Standalone operations recorded a net loss of Rs. 119.73 Lakhs versus profit of Rs. 13.61 Lakhs in FY25, with revenue declining 64% to Rs. 16.98 Lakhs. However, consolidated results (including 3 newly acquired subsidiaries) showed net profit of Rs. 90.38 Lakhs with revenue of Rs. 911.33 Lakhs. The company acquired 100% stakes in Health Secure Hospitals, Arvaya Health and Wellness, and Tec-Pool Solutions for Rs. 60.65 Crores (mostly via share swaps). Share capital increased from Rs. 3 Crores to Rs. 48 Crores. Statutory auditors issued unmodified (clean) opinions, but highlighted Rs. 37.22 Crores in litigation claims as an emphasis of matter. Internal auditor was changed from Mr. Aslesh Parannawar to M/s. G K Vora & Co.
The standalone losses raise concerns about core business profitability, but the acquisitions significantly boosted consolidated earnings. The Rs. 37.22 Crores litigation contingency and negative operating cash flow of Rs. 327.56 Lakhs are risk factors. The name change to healthcare sector and large equity dilution (16x increase in paid-up capital) signal a transformational pivot.