Sastasundar Ventures Limited — PPTs, 16-11-2024: Investor Presentation

Sastasundar Ventures Limited has launched a revamped B2C SastaSundar app, marking a pivotal shift following the conclusion of its strategic partnership with Flipkart. This relaunch aims to enhance accessible healthcare through digital channels, revitalizing the previously de-growing B2C segment. The company plans to invest around ₹145 crore into this platform, preparing for profitability after three years.

In Q2 FY25, Sastasundar reported revenue from operations of ₹263.5 crore, a 25.9% decline YoY, leading to a gross profit of ₹17.1 crore, down 51.3%. Adjusted EBITDA showed a loss of ₹14.8 crore, while PBT stood at a loss of ₹173.7 crore, highlighting financial challenges. However, the gross margin improved slightly to 6.5% from 9.9% YoY.

Looking ahead, Sastasundar focuses on expanding its B2B platform, Retailer Shakti, and prioritizes corporate simplification while ensuring capital sufficiency. The company acknowledges regulatory changes as a challenge but remains committed to sustainable growth. Investors are encouraged to adopt a long-term perspective as the company navigates these strategic developments.