Amrutanjan Health Care shareholders approve ₹2.90 per share dividend

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Amrutanjan Health Care approved a final dividend of ₹2.90 per share for FY26
  • The 89th AGM was held virtually on September 23, 2026, with 120 participants
  • Shareholders adopted audited financial statements and re-appointed Ramaa Prabhakar Arikirevula
  • Voting results to be declared within two working days via CDSL e-voting
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Amrutanjan Health Care Limited shareholders approved a final dividend of ₹2.90 per equity share for the financial year ended March 31, 2026, during the company's 89th Annual General Meeting (AGM).

The meeting was held on September 23, 2026, at 10:30 am via Video Conferencing and Other Audio-Visual Means. A total of 120 shareholders participated in the virtual session, with 24 speakers addressing the board.

Resolutions passed

The following ordinary resolutions were put to vote and approved by the members:

Resolution Description
Adoption of Financials Adopted audited financial statements for FY26 along with Board and Auditor reports
Dividend Declaration Approved final dividend of ₹2.90 per equity share of face value ₹1 each
Director Re-appointment Re-appointed Ramaa Prabhakar Arikirevula as Non-Executive Director
Auditor Remuneration Approved remuneration for M/s. Geeyes & Co., Cost Auditors, for FY27

Meeting proceedings

S. Sambhu Prasad, Chairman and Managing Director, chaired the meeting. He presented key business highlights, including distribution networks, shareholder returns, and strategic pillars for growth. The notice dated August 11, 2026, was taken as read with member permission.

The Chairman noted that the Auditors' Report contained no qualifications. P Sriram of M/s. SPNP & Associates served as the scrutinizer for the e-voting process facilitated by CDSL. Voting results will be declared on the company website within two working days of the meeting's conclusion.

The AGM concluded at 11:37 am with a vote of thanks to the Chair.

Historical Stock Returns for Amrutanjan Health Care

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%+4.18%-4.90%-1.07%-32.84%-38.93%

How does the ₹2.90 dividend payout ratio compare to Amrutanjan's historical trends and industry peers for FY26?

What specific strategic growth pillars did the Chairman highlight that could impact the company's capital allocation in FY27?

Will the re-appointment of Ramaa Prabhakar Arikirevula signal any changes in board governance or strategic direction?

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Amrutanjan Health Care FY26 Results: PAT rises 14% to ₹57.92 crore

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Amrutanjan Health Care reported FY26 PAT of ₹57.92 crore, up 13.93% YoY, on revenue from operations of ₹502.55 crore, up 11.23% YoY
  • EBITDA grew 14.82% to ₹66.83 crore with margin expanding to 13.30% from 12.88% in FY25
  • Pain management recorded 10% gross sales growth and Women's Hygiene brand Comfy posted 19% gross sales growth, with gross revenue reaching ₹151.31 crore
  • Quick Commerce channel grew 84.2% to ₹7.55 crore and Export revenue rose 36.1% to ₹11.15 crore in FY26
  • Board recommended a final dividend of ₹2.90 per share for FY26; total dividend for the year stands at ₹4.90 per share
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Amrutanjan Health Care Limited posted a Profit After Tax of ₹57.92 crore for FY26, up 13.93% from ₹50.83 crore in FY25, on gross sales of ₹559.56 crore against ₹509.68 crore a year earlier.

Revenue from operations grew 11.23% to ₹502.55 crore in FY26 from ₹451.82 crore in FY25. EBITDA rose to ₹66.83 crore from ₹58.20 crore, with EBITDA margin expanding to 13.30% from 12.88%. Profit Before Tax stood at ₹77.89 crore, up from ₹69.13 crore. The Board has recommended a final dividend of ₹2.90 per equity share for FY26, taking total dividend to ₹4.90 per share including two interim dividends of ₹1 each.

Key Financial Metrics

The table below captures FY26 performance against FY25 across headline indicators.

Metric FY26 FY25 Change
Gross Sales ₹559.56 cr ₹509.68 cr +9.8%
Revenue from Operations ₹502.55 cr ₹451.82 cr +11.23%
EBITDA ₹66.83 cr ₹58.20 cr +14.82%
EBITDA Margin 13.30% 12.88% +42 bps
Profit Before Tax ₹77.89 cr ₹69.13 cr +12.66%
Profit After Tax ₹57.92 cr ₹50.83 cr +13.93%
Basic EPS ₹20.03 ₹17.58 +13.94%
Net Worth ₹370.23 cr ₹326.61 cr
Dividend Per Share ₹4.90 ₹4.60
Return on Capital Employed 21.40% 21.44%

Segment Performance

The OTC Products segment reported net sales of ₹32,831.73 lakhs in FY26 against ₹29,002.99 lakhs in FY25, with segment results of ₹8,344.36 lakhs. The Women's Hygiene and Personal Care segment recorded net sales of ₹13,990.66 lakhs versus ₹12,396.25 lakhs, though segment results remained negative at ₹(272.16) lakhs, an improvement from ₹(391.05) lakhs in FY25. The Beverages segment posted net sales of ₹3,156.09 lakhs against ₹3,643.01 lakhs, with segment results of ₹(634.86) lakhs.

Segment Net Sales FY26 (₹ lakhs) Net Sales FY25 (₹ lakhs) Segment Result FY26 (₹ lakhs)
OTC Products 32,831.73 29,002.99 8,344.36
Women's Hygiene & Personal Care 13,990.66 12,396.25 (272.16)
Beverages 3,156.09 3,643.01 (634.86)

Brand and Category Growth

Pain management recorded 10% gross sales growth in FY26. Within the headache category, Head Roll-On sales grew 21%, with larger SKUs of 27.5 ml and 50 ml growing 17% and the 8 ml pack growing 4%. In the body ache category, Maha Strong grew 22% and Back Pain Roll-On grew 12%. The Relief congestion range recorded 9% gross sales growth, with Relief Inhaler up 16% and Relief Rubs up 15%.

Comfy, the Women's Hygiene brand, recorded 19% gross sales growth in FY26. The XL variant grew 44% and the 18-unit Value Pack grew 42%. The XL variant's contribution to overall Comfy sales rose from 31% in FY25 to 37% in FY26. The Women's Hygiene category achieved gross revenue of ₹151.31 crore in FY26, compared with ₹127.79 crore in FY25.

Revenue Contribution by Product Range

Revenue Band Product
₹150 cr+ Comfy Range
₹100 cr – ₹150 cr 8 ml Yellow and White Balm
₹50 cr – ₹100 cr Head Roll On
₹25 cr – ₹50 cr Enerlyte / Electro+ & 1 ml Balm

Digital and Export Channels

The E-commerce channel recorded revenue of ₹14.12 crore in FY26, registering growth of 48.8% over the previous year. The Quick Commerce channel recorded revenue of ₹7.55 crore, representing growth of 84.2% over the previous year. Export revenue reached ₹11.15 crore in FY26, up 36.1% over the previous year, with Africa accounting for 81% of total exports.

Manufacturing Investment

Amrutanjan commissioned a Greenfield Sanitary Napkin Manufacturing Facility at Seetharampur Village, Rangareddy District, Telangana. The ₹150 crore investment covers 10 acres with a 1.40 lakh sq. ft. built-up area and features two fully automated high-speed production lines from Japan, with a planned annual production capacity of 700 million sanitary napkins. The facility is expected to generate 200 direct and 150 indirect employment opportunities.

Distribution and Operational Highlights

Indicator FY26 vs FY25 Change
Sales Infrastructure (Stockist network) +9%
Total Direct Outlets Covered +12%
Effective Outlets Coverage +7%
Productive Calls +6%
Sales Man Productivity +8%
Total Lines Sold +35%

The Company added 44,000 new chemist outlets during FY26 and plans to add 1,00,000 chemists by FY2027. Total distribution reach expanded to 1.12 million retail outlets across India. The network comprised 3,994 distributors and sub-distributors as of FY26.

CSR Spend

Total CSR spend in FY26 was ₹1,29,18,087.08, exceeding the mandatory obligation of ₹1,23,15,040.80. Initiatives spanned education, health and sanitation, animal welfare, and environmental sustainability across multiple states.

Five-Year Financial Trend

Fiscal Year Revenue from Operations (₹ cr) EBITDA (₹ cr) PAT (₹ cr) Basic EPS (₹)
FY22 405.84 79.47 67.19 23.00
FY23 379.64 44.39 39.83 13.65
FY24 421.23 51.81 44.97 15.50
FY25 451.82 58.20 50.83 17.58
FY26 502.55 66.83 57.92 20.03

Historical Stock Returns for Amrutanjan Health Care

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%+4.18%-4.90%-1.07%-32.84%-38.93%

How will the ₹150 crore greenfield sanitary napkin facility impact Amrutanjan's cost structure and market share in the Women's Hygiene segment by FY27?

Given the continued losses in the Beverages and Women's Hygiene segments, what strategic steps is management taking to achieve profitability in these units?

Can the rapid 84% growth in Quick Commerce revenue be sustained as the channel matures, and what percentage of total sales does management target for digital channels in the next three years?

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