Healthians Financial Performance and Growth Insights for FY25
Healthians, a platform focused on diagnostics and wellness testing, did not witness significant growth during the fiscal year ending March 2025. Nevertheless, the company, supported by WestBridge, managed to reduce its losses by an impressive 89% year-on-year, coming close to achieving break-even during this timeframe.
The firm reported an 8% increase in operating revenue year-on-year, reaching Rs 263 crore in FY25, compared to Rs 243 crore in FY24, as indicated by its consolidated financial statements filed with the Registrar of Companies (RoC). Healthians provides diagnostic services at home across more than 250 cities and boasts of having conducted over 10 crore tests to date. With non-operating income adding Rs 7 crore, the overall income for the company grew by 7% to Rs 270 crore during the year.
Cost optimisation was crucial for the company’s financial recovery. Total expenses fell 8% to Rs 275 crore in FY25, down from Rs 298 crore the previous year. Among the main expense categories, employee benefits, being the largest, saw a 13% decline, dropping to Rs 104 crore in FY25 from Rs 120 crore in FY24. The cost of materials also decreased by 7%, totalling Rs 54 crore. Conversely, advertising expenditures increased by 10% to Rs 43 crore. Meanwhile, both depreciation and finance costs remained steady at Rs 29 crore and Rs 15 crore, respectively. For a comprehensive breakdown of expenses, please refer to multiple sources.
The combination of revenue growth and effective expense management contributed to Healthians achieving a dramatic reduction in losses, falling by 89% to Rs 5 crore in FY25, down from Rs 45 crore in FY24. The organization recorded a positive EBITDA of Rs 32 crore in FY25, resulting in an EBITDA margin of 12.17%. The return on capital employed (ROCE) for the same period was 2.73%.
On a per-unit basis, Healthians spent Rs 1.05 to generate a rupee of operating revenue in FY25. The firm’s current assets experienced a slight increase, amounting to Rs 170 crore, which includes cash and bank balances of Rs 49 crore for the fiscal year.
As reported by startup data intelligence platforms, Healthians has secured a total of $75 million in funding to date, with leading investors including WestBridge, BEENEXT, DG Ventures, and Youwecan. The company’s founder and CEO, Deepak Sahni, holds a 6.5% stake in the business.
