Veerhealth Care smashes global markets with new export orders

Veerhealth Care Limited, a prominent manufacturer of oral care and personal care products, has announced the successful execution and delivery of multiple substantial export orders, highlighting its robust growth trajectory and expanding global footprint. The company has recently completed export orders valued at approximately US$ 50,000 (₹41.50 Lakhs) and US$ 197,793 (₹165 Lakhs), with another order worth US$ 106,673 (₹89 Lakhs) set to be fulfilled by the end of July.

Amidst growing demand, Veerhealth Care is upgrading its facilities in Vapi, Gujarat, to establish a larger, more advanced plant that will meet US FDA and WHO standards. This move aligns with the company’s strategic plan to enhance its manufacturing capabilities and adhere to international compliance demands.

In February 2024, the company unveiled ambitious expansion plans involving a proposed investment of ₹33 Crores. This investment will cover the acquisition of additional land near its current plant, construction of new buildings, and procurement of state-of-the-art plant and machinery. This initiative is expected to significantly boost the company’s production capacity and operational efficiency.

For the fiscal year 2024, Veerhealth Care reported a total revenue of ₹14.61 Crores with a profit before tax of ₹1.28 Crores. With its ongoing expansion and solid market strategies, the company anticipates reaching a revenue threshold of ₹100 Crores and maintaining a profit after tax (PAT) margin of 10% within the next two to three years.

Veerhealth Care is renowned for its extensive range of health care, oral care, and personal care products, which include Ayurvedic toothpaste, shampoos, conditioners, and more. The company prides itself on its intensive research-based product development, supported by the expertise of renowned Ayurvedic practitioner Dr. Vinod C. Mehta and formulation expert Dr. Rajiv Bhirud.

Bhavin Shah, the Managing Director of Veerhealth Care Limited, expressed his enthusiasm about the company’s recent achievements, “This additional export order from a top institutional supplier in the United States is a testament to the quality and reliability of our products. It reflects the trust and satisfaction our international partners have in our capabilities. We are committed to executing this order within the stipulated timeframe, maintaining our high standards of excellence.”

These developments underscore Veerhealth Care’s commitment to not only bolstering its presence in the international market but also to its mission of delivering superior products that meet global standards. The company’s strategic initiatives are set to propel it towards a future of sustainable growth and enhanced shareholder value.