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Health X Platform Ltd

Q4 FY25Healthcare Services

Health X Platform Q4 FY25 earnings call: Revenue & Margins

Q4 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹301
Market cap₹977 Cr
P/E508.6
Updated23 Aug 2026
Read4 min read

The short version

SastaSundar estimates 100% growth in B2C segment for FY '26 compared to FY '25. - RetailerShakti B2B business nearly doubled revenue from INR489 crores in FY '24 to approx. FY '26: Targeting RetailerShakti to achieve positive EBITDA margin (~1% in the last quarter), continuing investment of INR45-50 crores in SastaSundar B2C.

From Health X Platform Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • SastaSundar estimates 100% growth in B2C segment for FY '26 compared to FY '25.
  • RetailerShakti B2B business nearly doubled revenue from INR489 crores in FY '24 to approx. INR941 crores in FY '25.
  • Target positive EBITDA margin of 1% for RetailerShakti by Q4 FY '26.
  • Aim for blended EBITDA margin between 4% to 5% by FY '30, with SastaSundar targeting 7% and RetailerShakti around 4%.
  • Long-term vision to scale rapidly with a highly scalable and sustainable model.
  • Focus on building innovative digital healthcare products and AI-driven tools to enhance customer engagement.

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Profitability & Margins

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Capital Expenditure Plans

  • SastaSundar plans to invest around INR150 crores primarily in technology, supply chain, and warehouse capabilities over FY '25 and FY '26.
  • In FY '25, INR35 crores were invested in the technology team and advertisement, matching projections.
  • FY '26 projection includes around INR50 crores investment mainly directed towards building the technology platform and AI capabilities.
  • Treasury income will cover about INR50 crores investment in SastaSundar, aiming for self-sufficiency without raising new capital for at least 2-3 years.
  • Capital allocation is cautious, focusing on small-scale experiments with low failure costs for learning.

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Top-ranked in Healthcare Services

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 3
Rev 2Mar 1
3
Rev 2Mar 2
4
Rev 2Mar 2
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

The transcript does not explicitly mention current or expected orderbook or pending orders for SastaSundar Ventures Limited. However, relevant insights related to business growth and operations include: - RetailerShakti revenue nearly doubled in FY '25, indicating strong order growth and network expansion. - The company is focusing on scaling both B2B (RetailerShakti) and B2C (SastaSundar) businesses, with B2C still in nascent stage. - Plans to invest around INR 150 crores over two years for platform and warehouse capabilities to support growth. - They expect 100% growth in B2C revenues in FY '26, doubling from last year.

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Health X Platform Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Sep 2024Q2 FY25
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26

Reported quarterly figures (₹ Cr). Latest (Q3 FY26): revenue ₹346 Cr, net profit ₹0 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Health X Platform Ltd Q4 FY25 results?

SastaSundar estimates 100% growth in B2C segment for FY '26 compared to FY '25. - RetailerShakti B2B business nearly doubled revenue from INR489 crores in FY '24 to approx. FY '26: Targeting RetailerShakti to achieve positive EBITDA margin (~1% in the last quarter), continuing investment of INR45-50 crores in SastaSundar B2C.

What is Health X Platform Ltd share price analysis?

Health X Platform Ltd currently shows a neutral. The stock trades at a P/E of 508.6 with a market cap of ₹977 Cr. Investors should review the full earnings analysis for detailed insights.

Is Health X Platform Ltd planning capital expenditure?

SastaSundar plans to invest around INR150 crores primarily in technology, supply chain, and warehouse capabilities over FY '25 and FY '26.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.