Earkart Ltd
Earkart’s Growth Strategy & Financial Snapshot: Capacity, OMNI Expansion & Global Reach 🚀
- Annual manufacturing capacity: 200,000 hearing aids (current utilization: 120,000-140,000 units).
- OMNI device targets remote diagnostics; aims for 110 installations by Mar-2026, 500 by 2028 (₹18K-20K monthly/clinic).
- H1FY26 revenue: ₹22 crore (45% govt, 55% private vs. 69% govt last year).
- EBITDA: ₹3 crore (14% margin); PAT: ₹1.85 crore (8.32% margin).
- Revenue dipped 5% YoY due to deferred govt tenders.
- Expanding to Nepal, Bangladesh, Mauritius; holds ISO 13485, BIS, CDSCO certifications.
- Growth focus: Tier 2/3 cities via OMNI, lower acquisition costs, international markets.