Kerala Ayurveda Ltd — Important, 12-02-2026: Company Update

Kerala Ayurveda reported 20.7% revenue growth for YTD Dec'25, reaching Rs. 108.7 Crs, fueled by strong India E-Product (40%) and Health Service (27%) growth. Adjusted EBITDA for Q3 YTD Dec'25 stood at Rs. 6.3 Crs (+0.06 Crs vs. LY). The promoter group plans to convert Rs. 20 Crs of debt into equity via a preferential share issue at a 32% premium. The company also intends to acquire the remaining 26% stake in subsidiary Ayurvedagram Heritage Wellness Centre for Rs. 10 Crs, through a preferential share issue, aiming for full ownership and potential merger for tax benefits. This highlights a deep commitment to the company’s long-term vision.