Listed technology and services company signs MoU with Huwel Lifesciences Pvt Ltd; Complete Details Inside

On Thursday, shares of Bartronics India Limited gained 3.63 per cent to Rs 15.40 per share from its previous closing of Rs 14.86 per share.

Bartronics India Limited (BIL), a technology company, has decided to invest up to Rs 50 crore in Huwel Life Sciences, a company that creates molecular diagnostics products. Huwel is known for its cutting-edge work in diseases like TB and for developing new diagnostic tools. With this investment, Bartronics will acquire a 15 per cent stake in Huwel, with the option to purchase another 15 per cent later. This partnership is designed to combine Huwel’s innovation with Bartronics’ ability to grow businesses and reach a wider market, ultimately helping India meet its health goals.

Huwel Life Sciences is a company with a strong track record, particularly during the COVID-19 pandemic, when it provided essential RT-PCR solutions. Led by CEO Dr Rachana Tripathi, it has developed more than 100 diagnostic products and received support from global organisations like the Bill & Melinda Gates Foundation and the World Health Organisation. Huwel’s most significant product is its low-cost TB solution, the Quantiplus® TB Fast Detection Kit, which is a more affordable and accessible option for confirming TB cases in India. This product directly supports the government's goal of eliminating TB.

Through this new partnership, Bartronics will take on the responsibility of marketing and selling Huwel's products. This includes everything from digital marketing and developing applications to securing orders from government bodies and international clients. This collaboration is expected to create a steady and predictable revenue stream for Bartronics. Beyond just sales, both companies plan to work together on future research and development, launch new products, and expand into international markets like Africa and Southeast Asia, to make India a global leader in life sciences innovation.

About the Company

Bartronics is a leading brand specialised in digital banking, financial inclusion and identity management technologies. With its focus on agritech, automation and intelligent systems, the company is expanding its global footprint while delivering sustainable impact through technology. The brand caters to 1 million+ customers.

In the first quarter of fiscal year 2026, the company reported net sales of Rs 8.83 crore and a net profit of Rs 0.45 crore. These figures follow its annual performance for fiscal year 2025, which saw net sales of Rs 40.04 crore and a net profit of Rs 1.75 crore. The company has also approved a change in its official location, moving its registered and corporate offices within Hyderabad to a new address at Trendz Atria House.

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The stock’s 52-week high is Rs 25.80 per share while its 52-week low is Rs 11.77 per share. The company has a market cap of over Rs 460 crore. From Rs 1.80 to Rs 15.40 per share, the stock gave multibagger returns of over 750 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.