Zota Health Care Limited has informed the Exchange about Davaindia Stores Update for Q4FY26.
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Zota Health Care reported a strong expansion of its Davaindia retail network during Q4FY26, adding 248 new stores in the quarter. Of these, 218 were Company-Owned Company-Operated (COCO) stores and 30 were Franchise-Owned Franchise-Operated (FOFO) stores. Over the full FY26, the company opened 997 stores, taking the total store count from 2,331 as of 31-Dec-2025 to 2,579 as of 31-Mar-2026. COCO stores now stand at 1,656 and FOFO stores at 923, with COCO stores managed by the wholly owned subsidiary Davaindia Health Mart Limited. The figures are after accounting for store closures and relocations.
Aggressive store network expansion, especially in the COCO model, signals strong growth momentum and could drive higher future revenue, though it also implies increased capex and operational costs in the near term.