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Health X Platform Limited HEALTHX NSEPHARMA

Healthcare · Pharmaceutical Retailers · India
https://www.sastasundarventures.com

Health X Platform Limited operates a digital network of healthcare and portfolio management services in India. The company operates through the Financial Services and Healthcare Network segments. It is involved in the financing of loans; investment in shares and securities; and activities for pathology and marketing of healthcare and OTC products through e-commerce portal. The company also provides financial consultancy, professional fees, wealth management, financial planning, distribution, and related services, as well as diagnostic services, including pathological/radiological investigation. In addition, it operates digital platforms for healthcare, including the Sastasundar app, a consumer-focused digital healthcare platform consisting of pharmacy, diagnostics, and wellness; and retailershakti.com, a B2B digital platform for pharmaceutical and wellness products. The company was formerly known as Sastasundar Ventures Limited Limited and changed its name to Health X Platform Limited in February 2026. Health X Platform Limited was incorporated in 1989 and is based in Kolkata, India.

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₹307.25
+15.75% 1Y

Market & Price

Market Cap
₹977.38 Cr
Current Price
₹307.25
High / Low (52W)
₹329.95 / ₹256.95
Beta
0.35

Valuation

Stock P/E
37.61
Industry PE
37.60
Forward P/E
-
PEG Ratio
-
Book Value
₹214.21
Price to Book
1.43
P/S
0.77
EV/EBITDA
1,455.80
Dividend Yield
-

Profitability & Returns

ROCE
-23.22%
ROE
-
ROA
-
Profit Margin
2.04%
Op Margin
0.30%
EPS (Latest Qtr)
₹0.35
EPS (TTM)
₹8.17

Balance Sheet & Liquidity

Debt/Equity
0.59
Quick Ratio
-
Current Ratio
-
Debt
₹5.15 Cr
Total Assets
₹974.37 Cr
Current Assets
₹579.61 Cr
Working Capital
₹481.59 Cr

Ownership

Promoter Holding
81.61%
Chg in Prom Hold
-
FII / Inst Holding
1.23%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹1,167.62 Cr
Total Revenue (TTM)
₹1,277.53 Cr
EBITDA
₹80.20 L
Free Cash Flow
-
Operating Cash Flow
-
Shares Outstanding
₹3.18 Cr
Gross Margin
5.81%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
20.05%
Profit 5Y
-38.18%
Revenue (YoY)
33.40%
Earnings (YoY)
-

PROS

  • Compounding revenue at 20.0% over 5 years.

CONS

  • Earnings shrank at -38.2% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 HEALTHX Health X Platform Limited NSEPHARMA 307.25 37.61 ₹977.38 Cr - -23.22% - 20.05% -38.18%
2 SUNPHARMA Sun Pharmaceutical Industries Limited NIFTY50NSEAIPHARMA 1,799.20 37.59 ₹4.32 L Cr 0.92% 17.94% 14.72% 10.39% 10.65%
3 DIVISLAB Divi's Laboratories Limited NSEPHARMA 6,667.00 68.97 ₹1.77 L Cr 0.45% 18.96% 16.19% 11.27% 12.08%
4 TORNTPHARM Torrent Pharmaceuticals Limited NSEPHARMA 4,410.80 68.96 ₹1.49 L Cr 0.86% 9.06% 16.98% 13.27% 20.21%
5 CIPLA Cipla Limited NIFTY50NSEAIPHARMA 1,401.00 29.16 ₹1.13 L Cr 0.93% 14.88% 11.74% 7.23% 11.45%
6 DRREDDY Dr. Reddy's Laboratories Limited NIFTY50NSEAIPHARMA 1,303.50 25.90 ₹1.09 L Cr 0.61% 14.00% 11.83% 10.96% -2.35%
7 ZYDUSLIFE Zydus Lifesciences Limited NSEPHARMA 1,077.70 21.51 ₹1.08 L Cr 0.09% 19.24% 18.32% 16.55% 36.99%
8 LUPIN Lupin Limited NIFTY_MIDNSEPHARMA 2,267.70 19.49 ₹1.04 L Cr 0.53% 28.42% 26.91% 19.10% 131.46%
9 MANKIND Mankind Pharma Limited NIFTY_MIDNSEPHARMA 2,375.60 51.29 ₹98,090.71 Cr 0.08% 13.78% 12.45% 17.73% 14.28%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue -280.12 Cr282.13 Cr278.74 Cr309.01 Cr341.52 Cr
Cost of Revenue -263.04 Cr267.44 Cr257.60 Cr285.00 Cr315.21 Cr
Gross Profit -17.08 Cr14.69 Cr21.14 Cr24.01 Cr26.30 Cr
Operating Expenses -43.38 Cr26.09 Cr35.94 Cr40.27 Cr43.05 Cr
Operating Income --26.30 Cr-11.40 Cr-14.80 Cr-16.26 Cr-16.75 Cr
EBITDA --37.76 Cr-14.09 Cr31.44 Cr-17.27 Cr3.26 Cr
Interest Expense -5.01 L1.30 L8.60 L3.79 L16.96 L
Pretax Income --39.24 Cr-15.44 Cr30.19 Cr-18.64 Cr91.87 L
Tax Provision -78.33 L-22.21 Cr3.59 Cr-3.20 Cr55.00 L
Net Income --26.94 Cr13.67 Cr23.91 Cr-12.69 Cr1.13 Cr
Diluted EPS -34.40-8.47-7.52-3.990.35

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Revenue 629.80 Cr1,038.19 Cr1,356.07 Cr1,089.53 Cr
Cost of Revenue 585.26 Cr967.03 Cr1,236.12 Cr1,019.56 Cr
Gross Profit 44.53 Cr71.15 Cr119.95 Cr69.97 Cr
Operating Expenses 97.19 Cr122.59 Cr142.92 Cr134.41 Cr
Operating Income -52.66 Cr-51.44 Cr-22.96 Cr-64.44 Cr
EBITDA 1,115.26 Cr-113.19 Cr-20.35 Cr-197.62 Cr
Interest Expense 1.62 Cr86.76 L1.01 Cr21.72 L
Pretax Income 1,109.48 Cr-122.25 Cr-30.50 Cr-203.66 Cr
Tax Provision 244.37 Cr-22.78 Cr-36.35 Cr-70.12 Cr
Net Income 626.81 Cr-72.21 Cr8.88 Cr-91.17 Cr
Diluted EPS 197.04-22.702.79-28.66

Compounded Sales Growth

5 Years:20.05%
1 Year:33.40%

Compounded Profit Growth

5 Years:-38.18%
1 Year:-

Stock Price Performance

1 Year:+15.75%
6 Months:-4.52%
3 Months:+7.84%
1 Month:+12.92%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets 1,277.80 Cr1,205.82 Cr1,149.59 Cr974.37 Cr
Current Assets 358.75 Cr486.21 Cr589.99 Cr579.61 Cr
Cash & Equivalents 13.01 Cr31.72 Cr31.31 Cr12.42 Cr
Inventory 113.53 Cr180.83 Cr115.79 Cr110.29 Cr
Receivables 21.20 Cr35.08 Cr34.79 Cr9.98 Cr
Total Liabilities 183.57 Cr212.26 Cr150.06 Cr109.84 Cr
Current Liabilities 57.97 Cr89.18 Cr74.11 Cr98.02 Cr
Long Term Debt 0---
Total Debt 1.85 Cr9.33 Cr3.88 Cr91.90 L
Total Equity 826.50 Cr753.40 Cr762.37 Cr669.87 Cr
Shares Outstanding 3.18 Cr3.18 Cr3.18 Cr3.18 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow -207.16 Cr-111.97 Cr35.86 Cr-17.31 Cr
Investing Cash Flow 219.54 Cr132.52 Cr-33.93 Cr-1.13 Cr
Financing Cash Flow -11.42 Cr-1.83 Cr-2.35 Cr-44.31 L
Capital Expenditure -4.73 Cr-19.49 Cr-14.23 Cr-10.36 Cr
Free Cash Flow -211.89 Cr-131.46 Cr21.63 Cr-27.67 Cr
Net Change in Cash 96.37 L18.72 Cr-41.41 L-18.89 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Gross Margin % 7.1%6.9%8.8%6.4%
Operating Margin % -8.4%-5.0%-1.7%-5.9%
Net Margin % 99.5%-7.0%0.7%-8.4%
ROE % 75.8%-9.6%1.2%-13.6%
ROCE % -4.3%-4.6%-2.1%-7.4%

Shareholding Pattern

Insiders
81.61%
Institutions
1.23%
Public Float
6.69%

Analyst View

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