Asarfi Hospital Ltd
Incorporated in 2005, Asarfi Hospital Ltd
provides primary health services & treatment
and specialized super speciality health service[1]
- Market Cap ₹ 394 Cr.
- Current Price ₹ 200
- High / Low ₹ 221 / 72.9
- Stock P/E 29.0
- Book Value ₹ 44.9
- Dividend Yield 0.00 %
- ROCE 15.5 %
- ROE 13.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 81 | 116 | 147 | |
| 65 | 93 | 119 | |
| Operating Profit | 16 | 24 | 28 |
| OPM % | 20% | 20% | 19% |
| 2 | 8 | 8 | |
| Interest | 3 | 4 | 5 |
| Depreciation | 9 | 13 | 12 |
| Profit before tax | 6 | 14 | 19 |
| Tax % | 33% | 26% | |
| 4 | 11 | 14 | |
| EPS in Rs | 2.11 | 5.38 | 6.90 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 236% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 132% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 20 | 20 | 20 |
| Reserves | 51 | 61 | 69 |
| 32 | 49 | 48 | |
| 52 | 34 | 36 | |
| Total Liabilities | 154 | 164 | 172 |
| 94 | 102 | 98 | |
| CWIP | 0 | 2 | 4 |
| Investments | 0 | 0 | 0 |
| 60 | 60 | 70 | |
| Total Assets | 154 | 164 | 172 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 26 | -4 | |
| -63 | -7 | |
| 36 | 13 | |
| Net Cash Flow | -1 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 109 | 125 |
| Inventory Days | 32 | 30 |
| Days Payable | 447 | 171 |
| Cash Conversion Cycle | -305 | -16 |
| Working Capital Days | 3 | 50 |
| ROCE % | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14h - Virtual investor meeting (Hem Securities – Samrudhi 2025 SME Conclave) on Dec 4, 2025; H1FY26 presentation used for discussion.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
27 Nov - Virtual analyst/investor meet on 04 Dec 2025, 12:00–13:00 IST (Samruddhi'2025).
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
22 Nov - Nov 19 transcript: H1 revenue Rs80.6cr, PAT Rs7.32cr, guidance Rs160–200cr, 500-bed target, Gleneagles MoU.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 Nov - Investor one-on-one meet on Nov 19, 2025; only public information shared; MD and finance team attended.
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Intimation Of Material Event - Grant Of Accreditation
17 Nov - NBEMS granted accreditation on 17 Nov 2025 for DNB/diploma courses; total 12 seats across five programs.
Annual reports
Concalls
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Nov 2025Transcript PPT
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Aug 2025TranscriptNotesPPT
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May 2025Transcript PPT
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Jan 2025TranscriptNotesPPT
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Nov 2024Transcript PPT
Business Overview Asarfi Hospital Limited (AHL) operates three primary facilities:
a) Super Multi-Specialty Hospital (Baramuri, Dhanbad)[1]
- Structure and Capacity: This hospital spans four blocks and six floors, with a constructed area exceeding 100,000 square feet on 92 decimals of land. It houses 250 beds, with plans to expand capacity to 350 beds.
- Specializations: Cardiology and Neurology are major departments, generating nearly 50% of hospital revenue. Other key specialties include emergency care, general medicine, pediatrics, orthopedics, and obstetrics & gynecology.
b) Asarfi Cancer Institute (Ranguni, Dhanbad)[2]
- Location and Size: Built on 9.55 acres of leased land from the Jharkhand Industrial Area Development Authority (JIADA).
- Capacity and Occupancy: Currently, the Cancer Institute operates with 50 beds across two floors, achieving an average occupancy rate of 57% as of H1 FY25. Plans are underway to expand capacity to 150 beds with an additional investment of ₹2-3 crores.
- Unique Positioning: It is the only dedicated cancer hospital within a 200 km radius, offering specialized oncology services including medical, surgical, and radiation oncology.
- Future Expansion: The facility is approved for construction of up to seven floors, enabling substantial expansion.
c) Research Institute (Ranchi)[3]
- Location and Infrastructure: Located 4 km from Ranchi Airport, in proximity to HEC India, on 5.6 acres of acquired land for 13.5 Crs
- Development Plans: AHL plans to establish medical and non-medical research management courses by FY28. The land’s value has appreciated since its acquisition, estimated at ₹65 crores.