INTEGRATED FILING — NBFC



General information about company

Scrip code 533259
NSE Symbol SASTASUNDR
MSEI Symbol NOTLISTED
ISIN INE019J01013
Name of company SASTASUNDAR VENTURES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 13-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 13-11-2025   13:30:00
End date and time of board meeting 13-11-2025   15:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 19.97 40.13
(ii) Dividend Income 86.11 86.11
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 0.00 0.00
(v) Net gain on fair value changes (768.52) 1,200.23
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 30,647.48 58,430.90
(viii) Sale of services 147.02 217.51
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 30,132.06 59,974.88
Other income 551.31 3,089.49
Total income 30,683.37 63,064.37
2 Expenses
Cost of materials consumed 29.58 54.77
Purchases of stock-in-trade 28,928.03 54,949.57
Changes in inventories of finished goods, work-in-progress and stock-in-trade (457.81) (744.93)
Employee benefit expense 1,987.08 3,721.17
Finance costs 3.79 12.39
Depreciation, depletion and amortisation expense 132.53 249.36
Fees and commission expense 0.00 0.00
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 0.00 0.00
(f) Other expenses
1 Other Expenses 1,907.28 3,650.49
Total other expenses 1,907.28 3,650.49
Total expenses 32,530.48 61,892.82
3 Total profit before exceptional items and tax (1,847.11) 1,171.55
4 Exceptional items (16.61) (16.61)
5 Total profit before tax (1,863.72) 1,154.94
7 Tax expense
8 Current tax 17.20 48.35
9 Deferred tax (336.99) (8.69)
10 Total tax expenses (319.79) 39.66
11 Net Profit Loss for the period from continuing operations (1,543.93) 1,115.28
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
15 Total profit (loss) for period (1,543.93) 1,115.28
16 Other comprehensive income net of taxes 32.83 57.13
17 Total Comprehensive Income for the period (1,511.10) 1,172.41
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (1,269.42) 1,121.75
Total profit or loss, attributable to non-controlling interests (274.51) (6.47)
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (1,246.00) 1,162.36
Total comprehensive income for the period attributable to owners of parent non-controlling interests (265.10) 10.05
20 Details of equity share capital
Paid-up equity share capital 3,181.05 3,181.05
Face value of equity share capital 10 10
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations -3.99 3.53
Diluted earnings per share from continuing operations -3.99 3.53
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share -3.99 3.53
Diluted earnings per share -3.99 3.53
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Text Block

Textual Information(1) 1. The above Unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on November 13, 2025. The Limited Review for the quarter and half year ended September 30, 2025 has been carried out by the Statutory Auditors, as required under Regulation 33 of SEBI (LODR) Regulation, 2015. 2.The Group has identified the following segments : a. Financial Services - consists mainly of financing of loans and investment in shares and securities, financial consultancy, professional fees, wealth management, financial planning, distribution and related services. b. Healthcare Network - includes activities for pathology, food processing and marketing of healthcare and OTC products through e-commerce portal and diagnostic services which consist of pathological / radiological investigations. 3. Exceptional items represent the gain on following transaction/ event: a. During the previous year, the management of one of the step down subsidiary, Genu Path Labs Limited, has evaluated its business operation and Property, Plant & Equipment has been impaired. Accordingly the company has accounted for an impairment loss of Rs 72.37 Lakhs and disclosed the same as Exceptional items in the consolidated financial result for the year ended March 31, 2025. During the current year, following a further evaluation and reassessment, an additional impariment loss of Rs. 16.61 Lakhs was recognized as an Exceptional items in accordance with Ind AS 36 for the quarter and half year ended September 30, 2025. b. During the Financial Year 2022-23, subsidiaries of the Company had expensed Rs. 796.45 Lakhs under the heading “Exceptional Item”. During the previous year, Sastasundar Healthbuddy Limited, subsidiary of the Company has now recovered Rs. 128.00 Lakhs against the aforesaid amount which has been booked as income in the consolidated financial result for the year ended March 31, 2025 under the heading “exceptional item” including Rs. 100.00 Lakhs for the half year ended September 30, 2024. c. During the previous year, the subsidiary of the company, Sastasundar Healthbuddy Limited, has liquidated its investment held in the form of 0.01% Non-Cumulative Compulsory Convertible Preference share and Equity shares in Flipkart Health Limited on 29th October 2024 as per Share Purchase Agreement dated 28th October 2024 and received a consideration of Rs. 9,717.29 Lakhs in aggregate. This has resultant loss of Rs. 19,118.54 Lakhs has been booked as exceptional items in the consolidated financial result for the year ended March 31, 2025 including Rs. 18,895.22 Lakhs for the half year ended September 30, 2024. 4. The shareholders of Sastasundar Healthbuddy Limited (SHBL), a material subsidiary of Sastasundar Ventures Limited (the company), in its Extra-Ordinary General Meeting held on September 30, 2025 have approved the buy-back of not exceeding 20,27,534 (Twenty Lakh Twenty Seven Thousand Five Hundred Thirty Four) fully paid-up equity shares (representing 8.55% of the total number of shares in the paid up equity share capital of SHBL) of Rs. 10/- each, at a price of around Rs. 493.21/- (Rupees Four Hundred Ninety Three and Twenty One paise) per share aggregating to a consideration not exceeding Rs. 10,000.00 Lakhs . Pursuant to the said Buy Back offer, SHBL has accepted 20,27,534 equity shares tendered by Mitsubishi Corporation on November 11, 2025 and SHBL shall pay the consideration within the statutory time line. Further, the Company has not participated in the said Buy Back offer and after completion of such buy back, the Company’s shareholding in SHBL will increase from 72.14% to 78.89%. No accounting impact in respect of above has been considered in the attached financial results for the quarter and half year ended September 30, 2025. 5. a. During the year ended 31st March 2025, the subsidiary of the Company, Sastasundar Healthbuddy Limited, has entered into an agreement to dispose of its subsidiary, Happymate Foods Limited, and accordingly classified the investment in the said entity as Asset Held for Sale in accordance with Ind AS 105 – Non-current Assets Held for Sale and Discontinued Operations. On May 30, 2025, the sale of Happymate Foods Limited was completed, and the entity ceased to be a subsidiary of Sastasundar Healthbuddy Limited with effect from that date. 6. During the previous year, the subsidiary of the company, Sastasundar Healthbuddy Limited, has liquidated its investment in Associate Company i.e. Flipkart Health Limited on October 29, 2024. Share of Profit/ (Loss) from an associate company has been consolidated till October 29, 2024. 7. Genu Path Labs Limited, step- down subsidiary of the company, commenced its operations in the diagnostics and healthcare services segment in 2018 with a vision to establish itself as a trusted brand. Since inception, the company has undertaken several initiatives to develop its service network and physical presence. However, these efforts have not yielded the expected outcomes, resulting in operational losses. Additionally, Sastasundar Healthbuddy Limited, parent company of the Genu Path Labs Limited has assured its continued financial support to implement the revised strategies aimed at reviving and strengthening the business. 8. Genu Path Labs Limited, a step-down subsidiary, has filed a petition on April 30, 2025, with the Hon’ble National Company Law Tribunal (NCLT), Kolkata Bench, seeking approval for the reduction of share capital under Section 66 of the Companies Act, 2013. Pursuant to the Scheme of Arrangement submitted to the NCLT, it is proposed that the face value of each equity share be reduced from Rs. 10 (Rupees Ten) to Rs. 1 (Rupee One) per share. The effect of the said scheme in share capital, securities premium, and retained earnings before and after the proposed reduction is as under: (Rs. in Lakhs) Particulars Pre Reduction Proposed Reduction Post Reduction Share Capital 1,975.00 (1,777.50) 197.50 Securities Premium 1,975.00 (1,975.00) - Retained Earnings (3,892.75) 3,752.50 (140.25) 9. The figures for the quarter ended September 30, 2025 are the balancing figures between unaudited figures for the half year ended September 30, 2025 and unaudited figures for the three months ended June 30, 2025. 10. Previous Period's / Year's figures have been re-grouped / re-classified wherever necessary.


Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,154.94
Adjustments for reconcile profit (loss)
Adjustments for finance costs 12.39
Adjustments for decrease (increase) in inventories (353.48)
Adjustments for decrease (increase) in trade receivables, current (147.93)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets (1,344.00)
Adjustments for other financial assets, non-current 251.35
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,379.20
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities (154.15)
Adjustments for depreciation and amortisation expense 249.36
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (18.56)
Adjustments for provisions, non-current 0.06
Adjustments for other financial liabilities, current 445.27
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 161.77
Adjustments for interest income 858.59
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (1,995.53)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (1,216.06)
Other adjustments to reconcile profit (loss) 16.61
Other adjustments for non-cash items 198.78
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (3,697.05)
Net cash flows from (used in) operations (2,542.11)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 171.38
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (2,713.49)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 1.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 2.67
Purchase of property, plant and equipment 546.49
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 40,848.88
Purchase of other long-term assets 43,641.94
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 161.77
Interest received 612.47
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 6,626.31
Net cash flows from (used in) investing activities 4,064.67
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 187.43
Dividends paid 0.00
Interest paid 7.82
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (195.25)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1,155.93
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 1,155.93
Cash and cash equivalents cash flow statement at beginning of period 1,242.15
Cash and cash equivalents cash flow statement at end of period 2,398.08




Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Finanical Asset
Cash and cash equivalents 2,398.08
Bank Balance other than (a) above 2.57
Derivative financial instruments 0.00
Receivables
(I) Trade Receivables 1,080.30
(II) Other Receivables 0.00
Loans 879.10
Investments 63,335.42
Other Financial assets 2,546.84
Total Financial Assets 70,242.31
2 Non Financial Asset
Inventories 11,382.91
Current tax assets (Net) 833.40
Deferred tax Assets (Net) 1,289.15
Investment Property 227.24
Biological assets other than bearer plants 0.00
Property, Plant and Equipment 7,828.18
Capital work-in-progress 58.45
Intangible assets under development 0.00
Goodwill 3,614.34
Other Intangible assets 64.35
Other non-financial assets (to be specified) 5,260.70
Total Non Financial Assets 30,558.72
Total assets 1,00,801.03
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,181.05
Other equity 64,968.41
Total equity attributable to owners of parent 68,149.46
Non controlling interest 1947644000
Total equity 87,625.90
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 0.00
(b) Payables 0.00
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 924.57
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 6,323.73
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
(C ) Debt Securities 0.00
(d) Borrowings (Other than Debt Securities) 0.00
(e) Deposits 0.00
(f) Subordinated Liabilities 0.00
(g) Other financial liabilities 3,701.13
Total Financial Liabilities 10,949.43
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 541.66
(b) Provisions 735.97
(C ) Deferred tax liabilities (Net) 571.85
(d) Other non-financial liabilities 376.22
Total Non Financial Liabilities 2,225.70
Total liabilities 13,175.13
Total equity and liabilites 1,00,801.03
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Financial Services (662.45) 1,326.47
2 Healthcare Network 30,794.51 58,648.41
Total Segment Revenue 30,132.06 59,974.88
Less: Inter segment revenue 0.00 0.00
Revenue from operations 30,132.06 59,974.88
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Financial Services (735.35) 1,214.24
2 Healthcare Network (1,545.34) (2,854.11)
Total Profit before tax (2,280.69) (1,639.87)
i. Finance cost 3.79 12.39
ii. Other Unallocable Expenditure net off Unallocable income (420.76) (2,807.20)
Profit before tax (1,863.72) 1,154.94
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Financial Services 11,792.02 11,792.02
2 Healthcare Network 84,469.06 84,469.06
Total Segment Asset 96,261.08 96,261.08
Un-allocable Assets 4,539.95 4,539.95
Net Segment Asset 1,00,801.03 1,00,801.03
4 Segment Liabilities
Segment Liabilities
1 Financial Services 590.06 590.06
2 Healthcare Network 12,405.86 12,405.86
Total Segment Liabilities 12,995.92 12,995.92
Un-allocable Liabilities 179.21 179.21
Net Segment Liabilities 13,175.13 13,175.13
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will be not reclassified subsequently to profit or loss 4859000 7271000
Total Amount of items that will not be reclassified to profit and loss 4859000 7271000
2 Income tax relating to items that will not be reclassified to profit or loss 15.76 15.58
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 32.83 57.13