Audited Financial Results for the year ended 31 March 2026.
Awaiting price reaction for this filing.
Arvaya Healthcare Limited (formerly Bijoy Hans Ltd) reported standalone loss of Rs 119.73 lakhs for FY26 vs profit of Rs 13.61 lakhs in FY25. Standalone revenue declined sharply to Rs 16.98 lakhs from Rs 46.87 lakhs. However, consolidated results show profit of Rs 90.38 lakhs on revenue of Rs 1,051.28 lakhs due to acquisitions of three subsidiaries (Health Secure Hospitals, Arvaya Health and Wellness, and Tec-Pool Solutions) completed in March 2026 for total consideration of Rs 60.65 crores via share swap. The company also increased authorized share capital from Rs 60 crores to Rs 200 crores. Auditors issued unmodified opinion but drew emphasis on pending litigation of Rs 37.22 crores. Internal auditor changed during the year.
The standalone loss and revenue decline are concerning for existing shareholders, but the acquisition-driven consolidated growth and expansion into healthcare sector may attract new investors. The pending litigation represents a contingent liability risk.