Annual Report for the financial year 2025-26

Late Dr. S. K. SUNDARAMOORTHY (21.08.1944 - 22.01.2020) “There are some who bring a light so great to the world that even after they have gone the light remains” Our founder Dr. S.K. Sundaramoorthy was one of the acclaimed and famed eye surgeons of our country and worldwide. He obtained his MBBS degree from Stanley Medical College, Chennai in 1971, completed M S (Opthal) in Madurai Medical College in 1980. Fellowship programme in Retinal surgery in Sankara Netralaya, Chennai (1980-1982) and obtained twin super specialty degrees namely FRCS (Edin) and FRCO (Lon). “LOTUS” is the Magnus opus of his legendary vision, determination and pure hard-work. We at LOTUS are relentless in carry forwarding his legacy forever through the quality and stakeholder satisfaction that we are known for. The legacy of Dr. S.K. Sundaramoorthy is incomparable and exceptional, where in, the values are steeped well into the very roots of the foundations of this great institution. The management behind the brand „LOTUS‟ are cognizant of the illustrious and celebrated purpose for this institution, striving to achieve and surpass the same. INDEX Company Overview 2 Chairperson's Speech Managing Director’s Message 9 Corporate Information 10 Notice to the Members Director's Report 30 Secretarial Audit Report 42 Management Discussion And Analysis Report Corporate Governance Report 50 Independent Auditors Report Financial Statements Notes to the Financial Statements 81 COMPANY OVERVIEW CORPORATE STATEMENT Service oriented approach is the motto of the organization. Lotus Eye Hospital and Institute Limited has been chiseled to meet the aspirations of all its stakeholders. Each and every decision of the companies reckons the effect of it in our stakeholders. The larger idea is to serve the population by providing the most advanced and viable eye care services. Our paramount goal is to provide the best and advanced eye care services to the larger population. The journey of lotus since its inception from 1997 is a testimony of the fact that we are committed towards achieving our goal. In order to attain our goal we have with us a vibrant and dedicated medical team which considers providing best eye care services as their mission. The idea of serving the masses is the greatest motivation of lotus and this goal helps in pushing us to explore unchartered business environment and disseminate the best services possible. Our stakeholders are the greatest strength who has always reposed the utmost faith in our brand lotus. We will strive more to cater to the needs of the stakeholders in all our endeavour's. COMPANY PROFILE Lotus Eye Hospital is a hi-tech super specialty eye care hospital catering its value added service to the society since inception. Lotus is known for its excellence in Ophthalmic service with personalized care. This organization is committedly pioneering in the technological revolution in eye care and rendering service to thousands of patients from across the globe to see the world better than ever before.  Foundedin 1990 by renownedophthalmicsurgeonlate Dr. S.K. Sundaramoorthy  Lotus Eye HospitalsOperates 10 Eye CareCentersin TamilNadu and Kerala  8 Centresin TamilNadu:Coimbatore (SITRA , RS puram and Saravanampatti), Salem, Tiruppur, Mettupalayam, Karur and Gobichettipalayam  2 CentresinKerala: Kochi and Mulanthuruthy  Listed at NSE and BSE in 2008; currentmarketcapitalization of more than INR 220 Crores* 400+ 3 Lakh+ 15 Lakh+ 1 Crore+ Qualified Staff’s Surgeries Procedures Eyes Screened Vision To become world‟s leading eye care provider with happy and satisfied patients and stake holders. Lotus has a vision of "empowering eyes to illuminate lives". Lotus Eye Care group is marching towards its vision of becoming India's best Corporate Hospital with branches in strategic locations where quality eye care is in need, and render world class eye care service to the society. Mission • To be the center of excellence in India by providing quality eye care of highest levels with skill competence and concern. • To be adopting latest technologies, techniques and ethical practice in ophthalmology. • To be setting up basic and clinical research into eye diseases and vision threatening conditions. • To be focusing on Education, Training, Product Development and rehabilitation for incurable diseases. • To be a preferred center for eye care Professionals, Para-medical and Non-medical team. Values Learning Overcome Tenacious Unyielding Surmount LOTUS WIDE RANGE OF SERVICES MILESTONES MILESTONES CHAIRPERSON SPEECH Dear Lotus Family, I extend my warm welcome to all the Shareholders of the Company. It is a matter of great satisfaction to address you once again as the Chairperson of the Company and to share with you the progress and developments of Lotus Eye Hospital and Institute Limited during the Financial Year 2025-26. The healthcare sector continues to undergo significant transformation, driven by technological advancements, changing patient expectations and the increasing demand for accessible and quality healthcare. The eye care sector, in particular, is witnessing rapid adoption of Artificial Intelligence, advanced diagnostic technologies, digital platforms and other technology enabled solutions. These developments are creating new opportunities to improve the accuracy of diagnosis, efficiency of treatment and overall patient experience. At the same time, the healthcare industry continues to face challenges, including rising operating and infrastructure costs, the need for continuous investment in technology and skilled manpower and the requirement to make quality healthcare accessible and affordable to a larger section of society. We believe that sustainable growth in healthcare must always be accompanied by a strong commitment to quality, affordability and patient centric care. Our Company has, over the years, remained committed to its core objective of providing comprehensive and quality eye care services at affordable costs. We continue to expand our reach and strengthen our capabilities so that quality eye care is accessible to people across different sections of society. Our continued participation in community healthcare initiatives reflects our commitment to serving the community beyond our regular clinical operations. As we look ahead, we remain focused on strengthening our clinical capabilities, adopting relevant technologies, improving operational efficiency and expanding our reach, while maintaining the trust and confidence that our patients and stakeholders have placed on us. Before I conclude, I would like to remember our Founder, Late Dr. S. K. Sundaramoorthy, whose vision, dedication and commitment laid the foundation for the Lotus brand. His belief that healthcare should serve society continue to guide us. The values and principles established by him remain integral to the Company's journey and we are committed to carrying his legacy forward. I take this opportunity to place on record my sincere appreciation to our doctors, nurses and employees of the Lotus family for their dedication and contribution. I also thank our Board of Directors, Shareholders, patients, business associates, bankers and other stakeholders for their continued support and confidence in the Company. With that, I thank all of you for your continued association with Lotus Eye Hospital and Institute Limited and wish the Company continued growth and success in the years ahead. Dr. Kavetha Sundaramoorthy (Chairperson) MANAGING DIRECTOR’S MESSAGE Dear Shareholders, I begin by expressing my sincere gratitude to all our Shareholders for their continued trust and confidence in the Lotus brand. Over the years, Lotus has grown through its commitment to quality eye care, clinical excellence and the values established by our founder, late Dr. S. K. Sundaramoorthy. These values continue to guide us as we move forward. The financial year 2025-26 has been a year of progress and expansion for our Comp [Showing first 8,000 characters — download PDF for full document]