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HEALTHX · Health X Platform Ltd · Computer Services

HEALTHX · Health X Platform Ltd · Computer Services

₹273.7+1.1%

As of 05 Nov close

52-week range

52wk low ₹252.552wk high ₹363

24.6% below 52-week high

52-week range: as of 05 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old

Revenue growth acceleratingProfit declined YoY for 2 straight quarters

Revenue (latest Q)

₹447 Cr

Revenue YoY

PAT YoY

-89.4%

Operating margin

Revenue, last 7 quarters

P/E (TTM)

P/B

1.6

P/S (TTM)

0.7

Sector P/E

29.7

Dividend yield

0.0%

CompanyP/EP/BNet marginROED/EDiv. yield
HEALTHX (this stock)Not meaningful (earnings negative over the last 12 months)1.6-1.4%-3.1%0.040.0%
Eternal559.112.1+0.6%+1.4%0.150.0%
Wipro13.55.3+13.9%+17.1%0.27+4.8%
Info Edge (India)442+53.7%+4.0%0.57+0.7%

Promoter

falling 1q

FII

rising 1q

MF

Not available from data source

Insider trades

DateInsiderTypeQtyValue
03 Jun 2026Ravi Kant SharmaSELL2,50,000₹7.5 Cr

Bulk/block deals

No bulk/block deals in the last 12 months.

News timeline

No related news.

Concalls & investor presentations

AI-generated
Concall transcriptPositive17 Aug 2026
View source filing →

Key takeaway: Health X Platform Limited held its Q1 FY27 earnings conference call on August 11, 2026, where management reported a strong start to the year, with revenue from operations growing over 58% year-on-year to INR 440 crores. The Managing Director, B.L. Mittal, highlighted the company's focus on building a technology-led healthcare platform aimed at making healthcare more affordable and accessible. Key growth drivers included RetailerShakti and SastaSundar, which grew 48% and 44% year-on-year, respectively. The company expanded its geographical footprint into Odisha, Bihar, and Jharkhand, with 67% of RetailerShakti's business coming from tier 2 and tier 3 markets. Management also discussed the JITO initiative, aimed at offering affordable medicines, and reported an EBITDA of INR 14.9 crores. The CFO, Lokesh Agarwal, noted a narrowing EBITDA loss and a PAT of INR 2 crores, reflecting improved underlying economics. The call concluded with a Q&A session addressing various operational and financial queries.

Management emphasized strong growth and operational improvements during the earnings call.

Sourced from an exchange-filed transcript, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationPositive07 Aug 2026
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Key takeaway: Health X Platform Limited's investor presentation highlighted several key financial metrics and strategic insights. The company reported a quarter-on-quarter revenue growth of 16% and a year-on-year growth of 47%. Gross margins improved, with a current quarter margin of 7.9%, up from 6.6% year-on-year. Operating expenses as a percentage of revenue decreased, indicating improved operational efficiency. The presentation emphasized a disciplined approach to capital allocation, drawing on philosophies from notable investors like Warren Buffett and Jeff Bezos. Health X aims to build a scalable healthcare model that serves both urban and rural markets, with over 77% of its business coming from Tier 2 and Tier 3 regions. The company also noted its asset-light model, which keeps depreciation and finance costs low, contributing to overall profitability.

The presentation emphasized strong growth metrics and strategic positioning in the healthcare market.

Sourced from an exchange-filed presentation, dated 07 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptPositive19 Jun 2026
View source filing →

Key takeaway: Health X Platform Limited (formerly Sastasundar Ventures Limited) held its Q4 FY26 earnings call on June 12, 2026, where management discussed the company's transition to a broader healthcare ecosystem. Managing Director and CEO Banwari Lal Mittal highlighted the successful launch of the JITO initiative, aimed at providing affordable healthcare through certified genetic medicines. CFO Lokesh Agarwal reported a 22% year-on-year revenue growth for Q4, reaching Rs 356 crores, and an 18% increase for the full year, totaling Rs 1,283 crores. The company improved its gross margins and reduced EBITDA losses. Management emphasized a focus on technology and operational efficiency, with plans to expand the Retailer Shakti and SastaSundar platforms. They also discussed a corporate restructuring involving the demerger of the finance division into Microsec Resources Ltd. Overall, the call reflected a commitment to growth and innovation in the healthcare sector.

Management emphasized growth and strategic initiatives during the earnings call.

Sourced from an exchange-filed transcript, dated 19 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationNeutral01 Jun 2026
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Key takeaway: Health X Platform Limited, formerly known as Sastasundar Ventures Limited, submitted an investor presentation to the BSE and NSE, detailing its operations and financial performance. The presentation highlighted the company's AI-powered digital health platform, emphasizing its commitment to making healthcare accessible and affordable. Key financial metrics for Q4 FY26 included a revenue from operations of ₹378.1 crores, a 34.1% increase year-over-year, and a gross profit of ₹27.5 crores, reflecting a 65.9% increase. The company reported a negative EBITDA of ₹(20.8) crores. The presentation also discussed the company's capital efficiency, working capital management, and expansion plans, including new fulfillment centers in Udaipur and Lucknow. Management noted a significant reduction in working capital days and highlighted the growing total addressable market in the healthcare sector.

The presentation provided a balanced overview of operational performance and strategic initiatives without strong emphasis on positive or negative aspects.

Sourced from an exchange-filed presentation, dated 01 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptPositive16 Feb 2026
View source filing →

Key takeaway: Management reported that SastaSundar Ventures Limited experienced a revenue increase of 22% year-on-year and an 11% quarter-on-quarter growth for Q3 FY26, attributed to improved operational traction in both B2B and B2C segments. Gross margin improved from 6.1% to 7.6% year-on-year. The company emphasized its commitment to combining medical science and technology to enhance healthcare accessibility. Management highlighted the progress of its Retailer Shakti and SastaSundar B2C platforms, with Retailer Shakti on track for EBITDA break-even by Q4 FY26. The company plans to invest in technology and expand product categories, including the launch of its JITO brand. Management also discussed the merger with HealthBuddy and the demerger of its NBFC, Microsec Resources, aiming for a more focused operational structure. The earnings call concluded with management encouraging stakeholders to review the detailed presentation shared on the stock exchange.

Management emphasized growth and operational improvements throughout the earnings call.

Sourced from an exchange-filed transcript, dated 16 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationNeutral06 Feb 2026
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Key takeaway: The investor presentation from Sastasundar Ventures Limited, dated February 6, 2026, outlines the company's operations under the proposed name change to Health X Platform Limited. The presentation emphasizes the company's digital platform for pharmacy, wellness, and diagnostics, aiming to provide accessible and affordable healthcare solutions. Management reported strategic priorities for the next five years, including revenue growth, gross margin expansion, and optimizing operating costs. The presentation highlighted a growth track record with a CAGR of 68% from FY15 to FY21 and a 30%+ CAGR goal for future growth. Additionally, the company detailed its capital efficiency and working capital management, showcasing a reduction in working capital days. The document also provided insights into the company's leadership team and financial performance, including revenue from operations and profit metrics for Q3 FY26, indicating a year-on-year revenue increase of 22%.

The presentation provided a balanced overview of the company's operations and financial metrics without strong emphasis on positive or negative aspects.

Sourced from an exchange-filed presentation, dated 06 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationNeutral06 Feb 2026
View source filing →

Key takeaway: The investor presentation from Sastasundar Ventures Limited, dated February 6, 2026, outlines the company's operations under the proposed name change to Health X Platform Limited. The presentation emphasizes the company's digital platform for pharmacy, wellness, and diagnostics, aiming to provide accessible and affordable healthcare solutions. Management reported strategic priorities for the next five years, including revenue growth, gross margin expansion, and optimizing operating costs. The presentation highlighted a growth track record with a CAGR of 68% from FY15 to FY21 and a 30%+ CAGR goal for future growth. Additionally, the company detailed its capital efficiency and working capital management, showcasing a reduction in working capital days. The document also provided insights into the company's leadership team and financial performance, including revenue from operations and profit metrics for Q3 FY26, indicating a year-on-year revenue increase of 22%.

The presentation provided a balanced overview of the company's operations and financial metrics without strong emphasis on positive or negative aspects.

Sourced from an exchange-filed presentation, dated 06 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

AI Summary of Annual Report

AI-generated
FY2025-26217 pages

Health X Platform Limited (formerly Sastasundar Ventures Limited) released its FY2025-26 annual report, emphasizing its commitment to corporate governance, sustainability, and risk management. The report highlights the company's focus on building a comprehensive healthcare ecosystem through B2C and B2B operations, leveraging digital technology for supply chain efficiency, and expanding its private-label product range under the JITO Health initiative. The company also outlined strategic realignments, including proposed demergers and mergers, to sharpen management focus and optimize capital allocation. The report noted ongoing challenges such as intense competition, regulatory uncertainties, and execution risks related to expansion and integration.

  • Commitment to corporate governance and adherence to SEBI regulations.
  • Focus on building a full-stack healthcare ecosystem through B2C and B2B operations.
  • Leveraging digital technology for supply chain efficiency and expanding private-label products under JITO Health.
  • Strategic realignment through proposed demergers and mergers to optimize capital allocation.
  • Emphasis on risk management, including cybersecurity and regulatory compliance.

Key takeaway: Health X Platform Limited is strategically positioning itself to build a comprehensive healthcare ecosystem through digital innovation, B2C/B2B operations, and strategic realignments, while navigating challenges such as competition, regulatory compliance, and execution risks.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 04 Sept 2026View source filing →

Governance disclosures

AI-generated

Needs attention

Auditor Qualification (2 items); Regulatory Action (1 item)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Auditor Qualification

2 occurrences

Recent (last 12 months)

Annual Report04 Sept 2026 (FY2025-26)
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The auditors of Genu Path Labs Limited (GPL), a step-down subsidiary, communicated a material uncertainty relating to going concern, noting that GPL's current liability exceeds its current assets as of 31 March 2026, and its net worth has been eroded.

Older (3+ years ago)

Annual Report06 Sept 2023 (FY2022-23)· 12 passages
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The statutory auditors of the company have expressed an adverse opinion regarding the misappropriation of cash collections by employees of its subsidiaries Sastasundar Healthbuddy Limited and Retailer Shakti Supply Chain Pvt Ltd, amounting to Rs. 796.45 lakhs.

Regulatory Action

1 occurrence

Recent (last 12 months)

Annual Report04 Sept 2026 (FY2025-26)
View source filing →

The company was imposed a penalty of Rs. 8,00,000 by the Registrar of Companies for violations of Section 134 of the Companies Act, 2013 in the financial years 2018-19 and 2019-20.

Routine disclosures

Internal Control Weakness

1 occurrence

Older (3+ years ago)

Annual Report06 Sept 2023 (FY2022-23)· 3 passages
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The auditor issued an adverse opinion stating that the company's internal financial controls were not operating effectively as of 31 March 2023 due to material weaknesses described in the report.

Contingent Liability

2 occurrences

Recent (last 12 months)

Annual Report04 Sept 2026 (FY2025-26)· 4 passages
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The Company has ongoing litigations with various third parties and regulatory authorities, with potential liabilities that are estimated and accrued based on management's assessment and external advice.

Older (3+ years ago)

Annual Report06 Sept 2023 (FY2022-23)· 5 passages
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The company has ongoing litigations with various third parties and regulatory authorities, which are considered contingent liabilities. These litigations may result in outflows of funds and are discussed in the notes to the financial statements.

Related-Party Transaction

2 occurrences

Recent (last 12 months)

Annual Report04 Sept 2026 (FY2025-26)
View source filing →

The company has entered into related-party transactions including corporate guarantees, loans, sale of trademarks, and remuneration payments to directors and managerial personnel.

Older (3+ years ago)

Annual Report06 Sept 2023 (FY2022-23)
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The company has provided loans to key management personnel, including Mr. Sanjay Agarwal and Mr. Abhishek Singhi, with repayments and interest income noted in the related party transactions section.

Statutory dues in dispute

2 occurrences

Recent (last 12 months)

Annual Report04 Sept 2026 (FY2025-26)Disputed tax/statutory dues under appeal, not a loan default
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The company has outstanding statutory dues for service tax for fiscal years 2007-08, 2009-10, 2010-11, and 2011-12, pending before the Customs, Central Excise and Service Tax Appellate Tribunal, and a penalty under the Companies Act, 2013 for fiscal year 2018-19, pending before the Regional Director.

Older (3+ years ago)

Annual Report06 Sept 2023 (FY2022-23)Disputed tax/statutory dues under appeal, not a loan default· 4 passages
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The company has outstanding tax dues for the fiscal years 2007-08, 2009-10, 2010-11, and 2011-12 under the Finance Act, Service Tax, Customs, Central Excise, and other taxes, with disputes pending in various forums as of March 31, 2023.

Promoter Share Pledge

1 occurrence

Recent (last 12 months)

Structured Filing Data (NSE Pledge Disclosure)18 Jul 2026

1.62% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).

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