Kairali Ayurvedic Group Targets Rs 150 Cr By FY26

Palakkad: Kairali Ayurvedic Group is aiming a consolidated revenue of `150 crore by FY26, led by the expansion of its hospitality and Ayurveda treatment centres along with ramp-up of FMCG and OTC business, said its Executive Director Abhilash K Ramesh.

The 76-year-old Kairali Ayurvedic Group (KAG) is largely split into three divisions - Ayurveda Centers, Hospitality and Ayurvedic Products - and each is charting its own growth plans, both in domestic as well as foreign markets. The group, which has a debt-free balance sheet, has its entire focus on organic growth by preserving its heritage, in hospitality and in its products business, he added.

“Post pandemic, we are looking at `150 crore by FY26. That is nearly doubling what we are doing right now. Maybe we go better than we expect,” Ramesh told PTI. During the pandemic, like other hospitality firms, its revenue was also impacted but it gradually come out. As part of its growth ambitions, KAG is also looking at foreign markets for the hospitality business and export opportunities for its ayurvedic and FMCG products under Kairali Ayurvedic Products Pvt Ltd (KAPPL). Under the hospitality business, KAG operates a residential treatment centre. Presently, it operates one 68-acre Ayurvedic Healing village in Kerala and new centres on this pattern are coming up in Goa and Bali (Indonesia). “We are targeting a topline revenue of approximately Rs 75 crore by 2026,” he said. The current EBITDA in the segment is at 17 per cent and Kairali aims to improve this to 20 per cent.

“In hospitality, we are opening an asset in Goa in December this year,” he said adding “We are looking at acquiring one more asset internationally, in Southeast Asia as well. So Bali is opening in 2026, where construction has started.” The Bali asset would be similar to its Kerala centre but would have more keys. For Kairali Ayurvedic Centers (KAC), it has plans to add 20 new centres, taking the total number to 35.