Zota Healthcare Limited is a pharmaceutical company that manufactures, markets, and exports pharmaceutical, ayurvedic, nutraceutical, and OTC products with a strong focus on retail pharmacy chains under the Davaindia brand.

The company reported a 92% year-on-year increase in consolidated revenue in Q2 FY26, driven by its aggressive store expansion and operational efficiency. This underscores the strength of its business model and growth strategy.

Zota achieved a milestone by opening 103 Davaindia stores in a single day on India's Independence Day, demonstrating its rapid expansion capability and commitment to increasing accessibility to affordable medicines.

The company plans to raise up to ₹500 crore through a Qualified Institutional Placement (QIP) to fund further store expansion, underscoring its ambitions for scalability and market penetration.

Zota's collaboration with celebrities like M.S. Dhoni for brand endorsement highlights its focus on enhancing brand visibility, with these associations expected to amplify market reach and consumer trust.