AVI Polymers Limited has officially launched its flagship personal healthcare AI platform, Ashwini.tech (AVI Health AI), completing the foundational build-out of its dual-engine AI strategy. The announcement was made on April 30, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015, with the platform now live and operational at ashwini.tech. This launch comes ahead of the previously targeted May 3, 2026, date and follows the company's exceptional FY26 financial performance.

Official Regulatory Announcement

The Board of Directors announced that the flagship personal-healthcare AI platform is now officially live and operational, developed by wholly-owned tech subsidiary AVI Health AI. The platform brings a paradigm shift to India's digital healthcare ecosystem, engineered specifically for India's mobile-first generation. The successful launch ahead of schedule completes the dual-tech ecosystem alongside the already live and scaling KrishiBuddy agritech platform, positioning AVI Polymers at the intersection of India's fastest-growing digital markets: AgriTech and HealthTech.

FY26 Financial Performance

The company's audited financial results for the year ended March 31, 2026, demonstrate a complete business transformation. Revenue from operations expanded dramatically to ₹312.11 crore from ₹0.06 crore in FY25, while net profit after tax increased 24.9 times to ₹20.33 crore compared to ₹0.82 crore in the previous fiscal year. The company successfully completed a ₹89.99 crore rights issue during FY26, which was fully subscribed by shareholders, strengthening its balance sheet with net worth of ₹115.99 crore and cash and cash equivalents of ₹16.60 crore.

Comprehensive Platform Capabilities

Developed by wholly-owned subsidiary AVI AI Technologies Private Limited, Ashwini.tech is engineered specifically for India's mobile-first generation. The platform features six integrated instruments including The Reader for OCR and clinical extraction, The Timeline for source-linked medical history, Explain My Lab for plain-English explanations, Medication Brain for adherence tracking, Doctor Pack for printable visit summaries, and The Household for family profiles with role-aware caregiver access. The platform is currently live in private beta with conversational AI capabilities powered by Llama on Groq, providing sub-second responses with verifiable citations.

Strategic Market Positioning

Ashwini.tech operates in the Personal Health Records (PHR) segment, positioned in the high stickiness, low competition quadrant of the market landscape. The platform leverages three key tailwinds: the Ayushman Bharat Digital Mission with 670 million+ ABHA accounts and 420 million+ records linked, 825 million+ internet users with sub-₹0.20/GB data costs, and the demographic opportunity of the sandwich generation aged 35-55 managing both parents and children. The company's zero-debt balance sheet and recent capital infusion provide flexibility for commercialization and ecosystem monetization in FY27.

Multi-Engine Revenue Strategy

The platform operates on a comprehensive revenue model with consumer subscriptions planned for general availability launch, NRI premium caregiving services targeting the diaspora market within 6-12 months, Doctor Pack channels for hospital and clinic OPD partnerships in Year 2, insurance white-label solutions and ABDM gateway services in Years 2-3, and pharma real-world evidence cohorts from Year 3 onwards. The same data layer feeds each revenue engine, enabling incremental revenue without incremental cost. The company maintains a risk-conscious design with a "no diagnosis, ever" pact, ensuring the platform serves as an information aid rather than clinical decision support.

AVI Polymers Limited has filed a comprehensive investor presentation with BSE under Regulation 30, providing detailed insights into the KrishiBuddy AI-powered smart farming platform launched by its wholly-owned subsidiary AVI Eco Spark Private Limited. The company reported strong Q3 FY26 financial performance with net profit of ₹7.02 crore while positioning itself strategically in India's expanding agritech market.

Regulatory Filing and Platform Status

The investor presentation, filed on April 17, 2026, follows earlier intimations regarding the platform launch and confirms KrishiBuddy's operational status at https://krishibuddy.tech/ . AVI Eco Spark Private Limited, incorporated on February 18, 2026, serves as the dedicated subsidiary focusing on AI, IoT, and smart farming solutions.

Market Opportunity and Financial Performance

According to IMARC Group data cited in the presentation, India's agritech market was valued at approximately USD 974 million in 2025 and is projected to reach USD 2.52 billion by 2034, growing at a CAGR of 10.59%. Ernst & Young and NITI Aayog estimate the broader agritech opportunity at full technology penetration could reach USD 24 billion.

For Q3 FY26 ended December 31, 2025, the company reported net sales of ₹132.32 crore and net profit of ₹7.02 crore, reflecting resumed active trading operations in the specialty chemicals segment. The company maintains a zero-debt balance sheet structure.

Advanced Technology Features and Capabilities

KrishiBuddy incorporates sophisticated technological capabilities designed for India's smallholder farming community. The platform features a multimodal, multilingual conversational AI interface supporting Hindi, English, and Hinglish through voice, text, and image inputs, enabling farmers to overcome traditional literacy and technological barriers.

The platform utilizes satellite-based crop health monitoring through publicly available NASA MODIS Terra and NASA POWER datasets, providing real-time agricultural insights without requiring immediate hardware installation. Additional features include real-time mandi price tracking with predictive financial modeling and community-driven pest and disease risk management systems.

Revenue Strategy and Capital Allocation

The company has outlined multiple planned monetization channels, including a B2B agri-input marketplace operating on commission models, premium SaaS subscriptions for Farmer Producer Organizations and agribusinesses, and aggregation of anonymized agricultural data for alternative credit scoring services to financial institutions. However, no revenue has been generated from KrishiBuddy as of the filing date.

AVI Polymers completed a rights issue of 8,99,86,100 equity shares at ₹10 per share, raising approximately ₹89.99 crore with BSE in-principle approval received on January 29, 2026, and allotment completed on March 19, 2026. Approximately 40% of proceeds are earmarked for AI/ML infrastructure development, with Brickwork Ratings India Private Limited appointed as monitoring agency.

Forward-Looking Statements and Risk Factors

The investor presentation includes comprehensive forward-looking statement disclaimers, noting that KrishiBuddy is in its initial deployment phase with no assurance regarding commercial success, user adoption, revenue generation, or competitive positioning. The company emphasizes that investors should exercise independent judgment and consult professional advisors before making investment decisions.

Managing Director Chintan Y Patel digitally signed the regulatory filing, reinforcing the company's commitment to transparency and regulatory compliance as it transitions into the agritech sector while maintaining its specialty chemicals operations.