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Awaiting price reaction for this filing.
Aayush Wellness has launched 'Aayush Labs' (aayushlabs.com), a digital diagnostics platform offering online test booking, home sample collection, and digital report delivery. The platform uses an asset-light model with cloud integration and a central lab for quality assurance. The company is tapping into India's diagnostics market, valued at ₹1.54 trillion in FY2024 and projected to nearly double to ₹2.98 trillion by FY2030 at an 11.7% CAGR. This diversifies Aayush Wellness beyond its existing nutraceuticals and wellness business into diagnostics, enabling cross-selling of wellness products and creating recurring revenue.
Positive for shareholders as the company enters a high-growth diagnostics segment, potentially boosting long-term revenue and valuation. However, execution risks remain as this is a new vertical with no disclosed financial targets or timeline for breakeven.