Ravelcare launched Ravel PRO and announced an AI diagnostic skincare range on August 26, 2026. The new haircare line contributed roughly 20% incremental revenue in its first full month of July. This expansion targets both domestic and international consumers across e-commerce and quick-commerce platforms.

Product Launch Details

The company filed an intimation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations with BSE Limited. The filing details the launch of Ravel PRO, a dermatologist-developed range of twelve products addressing hair fall, dandruff, damage repair, hair growth, and premature greying.

Key product highlights include:

• Zero Hairfall Shampoo and Conditioner using adenosine-peptide technology
• Zero Dandruff range featuring ketoconazole and salicylic acid
• Hyaluronic Repair Shampoo and Conditioner for damage repair
• Anti Grey Serum claiming up to 93% reduction in premature greying

The Anti-Grey Serum alone sold approximately 3,500 units in its first thirty days. Two additional PRO products are scheduled for launch in September. The AI-led diagnostic skincare range is planned for the second half of FY27.

Financial Performance

For FY26, the company reported revenue of ₹2,695.43 lakhs, representing a 7.9% increase. Profit after tax stood at ₹515.40 lakhs. The balance sheet shows no debt and a net worth of ₹3,740.84 lakhs.

The second half of FY26 was softer than the first half. Management reduced marketing spend by 19% compared to the previous year's second half to focus on IPO completion, R&D, and new category development. These activities did not contribute to revenue in H2FY26 but laid the groundwork for the current expansion.

Capital Allocation and Future Plans

The December 2025 IPO raised ₹2,410.20 lakhs (₹2,191.10 lakhs net of issue expenses). Funds allocated for backward integration into manufacturing remain unutilised and are held in bank fixed deposits earning interest. Management plans to finalise the plant's scale and configuration after stabilising the new product launches.

The company secured more favourable pricing from its existing manufacturing partner, ensuring no cost impact during recent global supply-chain disruptions. Advance planning of inputs and inventory protected product costs and supply continuity.

Ravelcare Ltd board of directors approved the reappointment of key promoters and shifted its registered office during a meeting held on August 25, 2026. The decisions require shareholder approval at the upcoming annual general meeting.

The board, acting on recommendations from the Nomination and Remuneration Committee, renewed the mandates for Mr. Ayush Varma and Mr. Maheshkumar Varma. Both appointments are effective from June 20, 2027, through June 19, 2030.

Director Reappointments

Mr. Ayush Varma, aged 30, was reappointed as Managing Director. He holds a Bachelor of Technology degree in Computer Engineering from K.J. Somaiya College of Engineering. As a promoter and one of the first directors, he brings over six years of experience in the beauty and personal care industry. His responsibilities include business development, strategy formulation, and overseeing core business functions.

Mr. Maheshkumar Varma, aged 57, was reappointed as Whole-time Director. He completed his Higher Secondary Certificate Examination from Brijlal Biyani Science College, Amravati. He operates a proprietary firm named Madhuri Jewellers. At Ravelcare, he oversees strategic decisions, accounting, finance functions, and standard operating procedures.

The filing confirms that both directors are not debarred from holding office by any SEBI order or other authority, in compliance with SEBI guidelines dated June 14, 2018, and Exchange Circular dated June 20, 2018.

Corporate Governance Updates

The Audit Committee recommended the appointment of M/s. VTSN & Associates LLP as Secretarial Auditors for the financial year 2026-27. The firm, registered with the Institute of Company Secretaries of India (ICSI), specializes in corporate laws, securities laws, and governance compliance.

Additionally, the board approved shifting the registered office within Mumbai’s jurisdiction. The new address is 12th Floor, Flat 1211, 9 Business Bay, Khakhar Property, Off New Link Road Mindspace, Behind Evershine Mall, Chincholi Bunder, Malad (W), Mumbai-400064. This change takes effect on August 26, 2026.

The board also issued the notice for the 8th Annual General Meeting along with the Directors Report for the year ended March 31, 2026. Mr. Vishal Thawani, Designated Partner of VTSN & Associates LLP, was appointed as Scrutinizer for the e-voting process.