BSEGeneral26 Sept 2026 · 26 Sept 2026, 06:17 pm
Corrigendum to the Annual Report for the FY 2025-26
Fischer Medical Ventures Ltd · 524743
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Fischer Medical Ventures Ltd has issued a corrigendum to its Annual Report for FY 2025-26 to correct certain inadvertent errors/omissions. The corrections include minor errors in Financial Highlights and Key Financial Ratios, corrections in Independent Standalone and Consolidated Auditor's Report, and updates in Paid up Equity Share Capital and Financial Risk Management Objectives and Policies.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Fischer Medical Ventures Ltd - 524743 - Reg. 34 (1) Annual Report.
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FISCHER MEDICAL VENTURES LIMITED
(Formerly known as Fischer Chemic Limited)
Registered Office Address: Survey No. 480/2 AP Medtech Zone, Nadupura Village,
Pedagantyadu Mandal, Visakhapatnam, 530032
CIN: L86900AP1993PLC118162
Email: cs@fischermv.com | Website: www.fischermv.com | Contact 9080966548
September 26 2026
To To
National Stock Exchange of India Ltd. Exchange
BSE Limited
Plaza, 5tll floor
Corporate Relationship Department
Plot No. C/ 1, G Block,
25th Floor, P J Towers
Bandra-Kurla Complex Bandra (E),
Dalal Street, Fort,
Mumbai - 400 051
Mumbai – 400 001
NSE Symbol: FISCHER
BSE Scrip Code: 524743
Dear Sir/ Madam,
The Annual Report of the Company along with the Notice for the 33rd Annual General Meeting of Fischer Medical Ventures
Limited was emailed/despatched to the shareholders and other stakeholders of the Company on 7th September 2026.
This corrigendum is being issued to update certain inadvertent errors/omissions that occurred in the Annual Report of
the Company for the financial year 2025-26. The necessary corrections as listed below: (revised Annual Report is
attached herewith)
Page No. 70, In Financial Highlights and Key Financial Ratios minor errors are corrected.
Page No. 136 and 182, Independent Standalone and Consolidated Auditor’s Report, the UDIN is corrected.
Page No. 147 and 193, Paid up Equity Share Capital is corrected in the Standalone and Consolidated Profit and Loss
Statement.
Page No. 171, Notes to Standalone Financials- Note No. 32 Financial Risk Management Objectives and Policies- Maturity
Analysis of Assets and Liabilities table is revised for presentation purposes.
Page No. 173, Notes to Standalone Financials- Note No. 32 Financial Risk Management Objectives and Policies- Prior
year numbers are corrected in the Capital Management table.
Page No. 220 Note No. 39, Foreign Currency Exposure table is updated.
Page No. 222 Note No. 39, Maturity Analysis of Financial Assets and liabilities table is updated.
In view of the aforesaid, we are submitting the updated Annual Report of the Company for FY 2025-26 after incorporating
the aforesaid changes.
We request you to kindly take note of the same.
Thanking you,
For Fischer Medical Ventures Limited
BALAJI GANDLA
COMPANY SECRETARY AND COMPLIANCE OFFICER
Corporate Office: Level 8, Prestige Palladium Bayan, No. 129-140 Greams Road, Chennai, Tamil Nadu, 600006
NEXT PHASE OF
What's Inside
INNOVATION LED GROWTH
01-47 48-135 136-232
CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS Innovation has never been a one-time achievement Now, we are entering the Next Phase of Innovation-Led
for us. It has been our way of thinking, building and Growth.
01 Next Phase of Innovation Led 48 Board's Report Standalone Financial Statements
growing. Every milestone we have achieved has
Growth 59 Management Discussion and 136 Independent Auditor's Report For us, this next phase is about scaling what we have built.
reinforced our belief that indigenous healthcare
02 Who we Are Analysis 147 Balance Sheet It means expanding the reach of our imaging portfolio,
technology can transform lives while making quality
06 Our Corporate Journey and 72 Business Responsibility and 149 Statement of Profit and Loss accelerating our pipeline of breakthrough healthcare
Milestone Sustainability Report care more accessible and affordable.
150 Cash Flow Statement technologies, expanding into other segments,
08 Message from the Chairman’s 106 Corporate Governance Report
Last year, we demonstrated the strength of that strengthening our manufacturing capabilities, and taking
Desk 152 Statement of Changes in Equity
belief. We crossed ₹100 crore in consolidated revenue, the Fischer name to newer markets across India and
12 Chief Operating Officers 153 Notes to Financial Statements
Communique Consolidated Financial Statement earned the trust of leading radiologists through our beyond.
16 Our Offerings MRI platforms, and showcased our capabilities on While our ambitions are growing, our purpose remains
182 Independent Auditor's Report global platforms. These achievements were not an
20 Operating Environment unchanged. Every innovation we pursue is driven by a single
193 Balance Sheet end in themselves—they gave us the confidence to
24 Technological Imperatives conviction—to make advanced, preventive and technology-
195 Statement of Profit and Loss think bigger.
28 Strategic Overview led healthcare more accessible to millions.
196 Cash Flow Statement
32 Our Leadership Team
198 Statement of Changes in Equity
33 Board of Directors We decoded healthcare.
199 Notes to Financial Statements
36 Our Senior Management
Now, we are scaling it.
40 Human Resource 233 NOTICE OF THE AGM
42 Financial Highlights This is our Next Phase of Innovation-Led Growth.
44 Governance
46 Risk Management and Analysis
47 Corporate Information INVESTOR INFORMATION
Market Capitalisation as at March 31st, 2026
2,644.89 Cr
L86900AP1993PLC118162
BSE Code
Scan the QR
524743
code to view our
Annual Report NSE Code
FISCHER
AGM Date
Please find our online version at:
September 29th, 2026
https://fischermv.com/ir/
AGM Venue
Online/VC
Disclaimer
This Annual Report contains statements that may be regarded as forward-looking in nature, reflecting Fischer Medical Ventures Limited
expectations, projections, estimates, and assumptions regarding future events, business performance, and financial outcomes. Such
statements are based on current views and assumptions and are inherently subject to various risks, uncertainties, and other factors that
may cause actual results to differ materially from those anticipated.
Readers are advised not to place undue reliance on these forward-looking statements, as several factors—including economic conditions,
market developments, regulatory changes, competitive dynamics, and other unforeseen circumstances—could influence actual outcomes.
Our Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information,
future events, or otherwise.
Corporate Overview Statutory Report Standalone Financial Statements Consolidated Financial Statements Notice
Who we are
OUR VISION
TRANSFORMING HEALTHCARE
To be the world’s leading healthcare technology
partner, pioneering the ABC of Healthcare — AI,
THROUGH INNOVATION
Big Data, and computing — to empower providers,
enhance patient care, and revolutionise the future of
medicine through Innovation, Inclusion, and Impact.
₹308.58
Consolidated Revenue — 2025-26
OUR MISSION
To transform global healthcare through innovative,
₹55.40 accessible, and affordable medical technologies
spanning imaging, diagnostics, and preventive care —
EBITDA — 2025-26
while leveraging digital health, AI, and data analytics
to improve patient outcomes and optimise healthcare
delivery.
₹31.07
Net Profit — 2025-26
OUR VALUES
Innovation with Purpose
₹671
We drive technological advancement to solve real
Consolidated Total Assets — 2025-26
world healthcare challenges and improve lives
across diverse populations.
$7 Affordability and Accessibility
Mn +
New Government Orders — 2025-26 We believe everyone deserves access to world-class
healthcare and are committed to delivering high-
quality solutions at sustainable costs.
Multiple Platforms
Integrity and Transparency
4+ New Product & Regulatory
We operate with the highest ethical standards,
Milestones — 2025-26
fostering trust with our patients, partners, investors,
and communities.
Fischer Medical Ventures Limited (hereafter of indigenously developed MRI systems, supported
Global Impact, Local Focus
referred to as “FMVL”, “Our Company” or “We”) is a by our state-of-the-art manufacturing facility at
Vizag-headquartered medical technology company the Andhra Pradesh MedTech Zone (AMTZ), we are While we innovate for the world, we stay grounded
delivering an integrated healthcare ecosystem advancing indigenous MedTech capabilities through in addressing the specific healthcare needs of
spanning magnetic resonance imaging
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