Kerala Ayurveda Ltd, one of the country’s oldest full-spectrum Ayurveda companies, has set a target of achieving consolidated revenue of ₹200 crore in FY27, representing a 38% growth over FY26 revenue of ₹145.4 crore.
The company said its global e-product business will serve as the primary growth engine, with revenue expected to surge 130% to ₹53 crore during FY27. The segment is projected to contribute nearly 50% of the company’s total incremental operating revenue.
E-commerce to lead expansion
Kerala Ayurveda plans to drive digital growth through multiple ecommerce initiatives, including the launch of a premium product brand, higher investments behind hero products, accelerated growth in proven mid-tier stock-keeping units (SKUs), and expansion of its organic product portfolio.
The company said these strategic investments are aimed at strengthening its presence in the fast-growing global Ayurveda and wellness products market.
Wellness services and US business expansion
The company’s global health services business is projected to grow 45% to ₹58 crore, supported by new resort openings and continued expansion of its clinic network.
Its US business is expected to grow 33% to ₹40 crore, with plans to establish a second wellness center in California. Kerala Ayurveda said the projected growth reflects confidence in its integrated Ayurveda-led healthcare and wellness business model.
The company added that focused investments across business verticals are expected to create a strong operational flywheel for sustained long-term growth.
EBITDA break-even target by January 2027
Kerala Ayurveda aims to achieve operating EBITDA break-even by January 2027. The profitability roadmap will be driven by revenue scale-up across key business units, implementation of its Clinic Growth Model, improved ecommerce productivity, and additional cost optimisation measures.
The company expects these cost-saving initiatives to deliver savings of nearly ₹50 lakh per month by October 2026.
Ayurvedagram to be fully consolidated
Kerala Ayurveda also announced the full consolidation of its flagship wellness resort Ayurvedagram into the parent company.
The company will acquire the remaining 26% stake in Ayurvedagram through a preferential issue of shares, making it a wholly-owned subsidiary ahead of a proposed merger with the listed entity.
According to Kerala Ayurveda, the move will simplify the group structure, improve operational synergies across its health services business, and ensure that future value created by Ayurvedagram directly accrues to public shareholders of the company.
FY26 financial performance
For FY26, Kerala Ayurveda reported total revenue of ₹145.4 crore, registering 19% year-on-year growth.
However, the company posted a net loss of ₹16.3 crore during the fiscal compared with a net loss of ₹14 crore in the previous year.