Family Care Hospitals Reports Q3 FY26 Results, Recommends Director Reappointments

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Key Highlights

Family Care Hospitals Limited reported Q3 FY26 results with revenue of ₹6.01 lakhs and net loss of ₹95.74 lakhs for the quarter ended December 31, 2025. The company's nine-month revenue declined significantly to ₹15.11 lakhs from ₹788.03 lakhs in the previous year. The Board recommended reappointment of three directors for second terms and approved a postal ballot process for shareholder approval. The company received ₹4.67 crores from share warrant allotments during the quarter.

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Family Care Hospitals Limited announced its unaudited financial results for the third quarter ended December 31, 2025, along with significant board developments and corporate governance decisions. The Board of Directors convened on January 20, 2026, to approve the quarterly results and several key appointments.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed challenging operational metrics across key parameters:

Financial Metric Q3 FY26 Q3 FY25 Nine Months FY26 Nine Months FY25
Revenue from Operations ₹6.01 lakhs ₹2.83 lakhs ₹15.11 lakhs ₹788.03 lakhs
Other Income ₹2.81 lakhs ₹0.04 lakhs ₹13.22 lakhs ₹112.46 lakhs
Total Income ₹8.82 lakhs ₹2.87 lakhs ₹28.34 lakhs ₹900.48 lakhs
Net Loss ₹95.74 lakhs ₹209.59 lakhs ₹625.98 lakhs ₹4,513.59 lakhs
Basic EPS ₹(0.18) ₹(0.39) ₹(1.16) ₹(8.36)

The company's total expenses for Q3 FY26 amounted to ₹104.56 lakhs, resulting in a loss before tax of ₹95.74 lakhs. Major expense components included other expenses of ₹56.30 lakhs, depreciation of ₹22.20 lakhs, and employee benefits expense of ₹12.61 lakhs.

Board Recommendations and Director Appointments

The Nomination and Remuneration Committee and Board of Directors have recommended several key appointments for second terms:

Independent Director Reappointments

Director Details Appointment Information
Mrs. Archana Chirawawala Non-Executive Independent Director
DIN 09721625
Effective Date February 28, 2026
Term Duration 5 years (second term)
Professional Background Chartered Accountant with 20+ years experience
Director Details Appointment Information
Mr. Sanjeev Seth Non-Executive Independent Director
DIN 10974972
Effective Date February 28, 2026
Term Duration 5 years (second term)
Professional Background 33 years industry experience, 16 years in sales, 17 years in marketing

Executive Director Reappointment

Director Details Appointment Information
Mr. Suchit Raghunath Modshing Executive Whole Time Director
DIN 10974977
Effective Date February 28, 2026
Term Duration 5 years (second term)
Professional Background 12+ years administrative experience, Bachelor of Commerce

All three directors are not related to any existing Directors or Key Managerial Personnel of the company, and their appointments are subject to shareholder approval.

Corporate Governance and Postal Ballot Process

The Board has initiated a comprehensive postal ballot process to seek shareholder approval for the director appointments. Key decisions include:

  • Postal Ballot Notice: Finalized and approved by the Board
  • Scrutinizer Appointment: M/s. Mukesh Siroya and Co. Practicing Company Secretary
  • E-voting Agency: Purva Sharegistry (India) Private Limited
  • Cut-off Date: January 16, 2025, for determining eligible voting members

Share Warrant Allotment

During the quarter, Family Care Hospitals received ₹4.67 crores from the preferential allotment of 18,677,500 share warrants. This includes ₹4.50 crores from Dealmoney Commodities Private Limited, representing 25% of the issue price. The allotment was conducted pursuant to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, with the balance amount to be received upon warrant exercise.

Operational Context

The company operates exclusively in the healthcare services segment, with a paid-up equity share capital of ₹5,401.48 lakhs. The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditor review completed by Rafik and Associates, Chartered Accountants. The Board meeting commenced at 3:50 PM and concluded at 6:30 PM on January 20, 2026.

Historical Stock Returns for Family Care Hospitals

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