Avio Smart Market Stack Limited has appointed healthcare industry veteran Sandeep Pandya as Head – International Sales, Diagnostics & Healthcare Division, to accelerate its global expansion strategy in diagnostics and healthcare technologies. The appointment underscores the company's focus on building a globally scalable business through indigenous technologies and strategic collaborations.

Pandya brings over two decades of experience across diagnostics, medical devices, pharmaceuticals, and healthcare technologies. He has previously held leadership roles at Meril Life Sciences, Beacon Diagnostics, CTX Life Sciences, and Span Diagnostics, where he led international market development, distributor networks, and regulatory initiatives.

In his new role, Pandya will spearhead bartronics 's international business development efforts. His responsibilities will include market expansion, strategic partnerships, distribution network development, and commercialisation of the company's healthcare portfolio across global markets.

A key priority for the new appointee will be expanding the international footprint of Huwei Lifesciences' molecular diagnostics portfolio. This portfolio serves as a cornerstone of Avio Stack's healthcare strategy and includes advanced solutions for tuberculosis (TB), drug-resistant TB, sepsis, HPV, hepatitis, antimicrobial resistance (AMR), and respiratory illnesses.

Vidya Sagar Reddy, Managing Director of Avio Smart Market Stack Limited, highlighted the strategic importance of the move. "Healthcare and diagnostics represent a strategic growth pillar for Avio Stack. As we continue building a globally relevant healthcare platform, strengthening our international presence becomes increasingly important," Reddy said.

The company aims to strengthen its presence across both emerging and developed healthcare markets. The long-term vision involves improving access to affordable, high-quality diagnostic solutions through expanded international market access and indigenous healthcare technologies.

Avio Smart Market Stack Limited reported a 160% year-on-year increase in revenue to ₹103.96 Cr for FY26, driven by the success of its diversification strategy into new verticals. Profit after tax surged 240% to ₹5.94 Cr from ₹1.75 Cr in the previous year, while reserves turned positive at ₹3.72 Cr against a negative balance of ₹2.20 Cr in FY25. The company submitted its investor presentation to the exchanges on June 12, 2026, disclosing these financial metrics.

The performance was anchored by the Agri Supply Chain & Technologies division, which emerged as the largest business vertical with revenue of ₹60.69 Cr, contributing approximately 58% of the total revenue. This segment was a new vertical in FY26. The Financial Inclusion & Digital Services division generated ₹40.72 Cr, a growth of 7.7% from ₹37.79 Cr in FY25, accounting for 39% of the revenue. The Diagnostics & Healthcare division remains in the early stages, while the Others segment contributed ₹2.55 Cr.

Financial Performance

The company’s financial turnaround was marked by a significant improvement in profitability metrics across its diversified platforms. The segment results show that the Agri Supply Chain division contributed ₹4.71 Cr, while the Financial Inclusion division added ₹0.86 Cr to the overall profitability.

Strategic Overview

Avio Smart Market Stack Limited operates across three primary divisions: Financial Inclusion & Digital Services, Agri Supply Chain & Technologies, and Diagnostics & Healthcare. The Financial Inclusion division serves approximately 40 million rural people across 5,000 villages in 10 states through partnerships with 7 public and regional rural banks. The Agri Tech division is building capabilities on the existing banking network, with goals to digitally onboard 20 million farmers and open 1,000 smart agri-stores. The Diagnostics division has partnered with Huwel Lifesciences to develop a molecular diagnostics platform with over 140 products.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE855F01042/146f4be275034d79.pdf