Asarfi Hospital Ltd
Incorporated in 2005, Asarfi Hospital Ltd
provides primary health services & treatment
and specialized super speciality health service[1]
- Market Cap ₹ 156 Cr.
- Current Price ₹ 79.0
- High / Low ₹ 146 / 55.5
- Stock P/E 19.4
- Book Value ₹ 34.4
- Dividend Yield 0.00 %
- ROCE 26.2 %
- ROE 24.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Debtor days have increased from 44.6 to 89.8 days.
- Working capital days have increased from 22.4 days to 78.6 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Healthcare Industry: Healthcare
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 42.87 | 54.12 | 65.19 | 68.81 | |
| 36.63 | 46.08 | 54.41 | 55.04 | |
| Operating Profit | 6.24 | 8.04 | 10.78 | 13.77 |
| OPM % | 14.56% | 14.86% | 16.54% | 20.01% |
| 0.29 | 0.28 | 0.98 | 2.33 | |
| Interest | 0.53 | 0.63 | 0.70 | 1.34 |
| Depreciation | 2.42 | 2.91 | 3.35 | 3.87 |
| Profit before tax | 3.58 | 4.78 | 7.71 | 10.89 |
| Tax % | 26.54% | 25.94% | 25.81% | 26.35% |
| 2.63 | 3.53 | 5.73 | 8.02 | |
| EPS in Rs | 21.48 | 28.83 | 46.79 | 5.53 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| TTM: | 40% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 1.25 | 1.25 | 1.25 | 14.50 | 19.35 |
| Reserves | 12.12 | 15.65 | 21.38 | 27.35 | 48.34 |
| 5.44 | 7.13 | 11.63 | 17.20 | 32.01 | |
| 8.83 | 13.26 | 28.45 | 34.38 | 55.89 | |
| Total Liabilities | 27.64 | 37.29 | 62.71 | 93.43 | 155.59 |
| 18.40 | 22.42 | 30.87 | 38.57 | 93.79 | |
| CWIP | 0.19 | 1.62 | 9.34 | 17.91 | 0.08 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| 9.05 | 13.25 | 22.50 | 36.95 | 61.71 | |
| Total Assets | 27.64 | 37.29 | 62.71 | 93.43 | 155.59 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 2.42 | 10.29 | 9.26 | -2.07 | |
| -4.84 | -16.00 | -23.16 | -13.65 | |
| 2.42 | 6.00 | 13.77 | 16.82 | |
| Net Cash Flow | 0.00 | 0.29 | -0.13 | 1.10 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 20.01 | 14.16 | 29.84 | 89.80 |
| Inventory Days | 23.12 | 13.20 | 15.50 | 25.89 |
| Days Payable | 155.80 | 22.69 | 34.13 | 90.98 |
| Cash Conversion Cycle | -112.67 | 4.67 | 11.22 | 24.72 |
| Working Capital Days | 18.05 | -7.15 | -4.20 | 78.56 |
| ROCE % | 25.26% | 28.86% | 26.21% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
16 Apr - Declaration of Non -Applicability of Secretarial Compliance report under regulation 24 A (2) of SEBI LODR.
- Closure of Trading Window 16 Apr
- Statement Of Deviation Or Variation In The Use Of Proceeds Of Initial Public Issue. 15 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - WE DO HEREBY SUBMIT CONFIRMATION CERTIFICATE UNDER REGULATION 74 (5) OF SEBI (DP) REGULATION.
-
Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015.
10 Apr - Compliance certificate duly signed by the company and share transfer agent for the financial year ended 31st March 2024.
Business Overview:[1][2]
AHL is a 250-bedded private Super Specialty Hospital located in Dhanbad, Jharkhand which offers advanced medical care and emergency services. The Hospital has a full-fledged High Dependency Unit, Emergency Department, Outpatient consultation, CCU, ICU, NICU, SICU, Labour Room, Endoscopy Room, Neurosurgery, Cardiac unit and Diagnostic Centre. AHL offers both inpatient and outpatient care which covers wide range of Medical and Surgical Specialties. Currently, the hospital has 65 doctors out of which 40 in-house doctors and 25 visiting doctors, 174 nursing staff and 284 other supporting staffs