Asarfi Hospital Ltd
Incorporated in 2005, Asarfi Hospital Ltd
provides primary health services & treatment
and specialized super speciality health service[1]
- Market Cap ₹ 358 Cr.
- Current Price ₹ 182
- High / Low ₹ 257 / 135
- Stock P/E 20.1
- Book Value ₹ 51.8
- Dividend Yield 0.00 %
- ROCE 18.6 %
- ROE 18.6 %
- 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
- Company has a low return on equity of 13.1% over last 3 years.
* 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 | Mar 2026 | TTM | |
|---|---|---|---|---|
| 81 | 118 | 159 | 184 | |
| 65 | 93 | 124 | 148 | |
| Operating Profit | 16 | 25 | 35 | 36 |
| OPM % | 20% | 21% | 22% | 20% |
| 2 | 6 | 3 | 3 | |
| Interest | 3 | 4 | 4 | 4 |
| Depreciation | 9 | 13 | 12 | 12 |
| Profit before tax | 6 | 14 | 22 | 24 |
| Tax % | 33% | 26% | 25% | |
| 4 | 11 | 17 | 18 | |
| EPS in Rs | 2.11 | 5.38 | 8.47 | 9.04 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| 1 Year: | 37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 20 | 20 | 20 |
| Reserves | 51 | 61 | 78 |
| 32 | 49 | 58 | |
| 52 | 34 | 38 | |
| Total Liabilities | 154 | 164 | 193 |
| 94 | 102 | 108 | |
| CWIP | 0 | 2 | 2 |
| Investments | 0 | 0 | 0 |
| 60 | 60 | 83 | |
| Total Assets | 154 | 164 | 193 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 26 | -4 | 18 | |
| -63 | -7 | -18 | |
| 36 | 13 | 5 | |
| Net Cash Flow | -1 | 1 | 5 |
| Free Cash Flow | -20 | -15 | 0 |
| CFO/OP | 163% | -5% | 68% |
Ratios
Consolidated / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 109 | 123 | 124 |
| Inventory Days | 32 | 30 | 30 |
| Days Payable | 447 | 167 | 156 |
| Cash Conversion Cycle | -305 | -13 | -1 |
| Working Capital Days | 3 | 4 | 21 |
| ROCE % | 16% | 19% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Inpatient Volume (IPD) Patients |
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| Outpatient Volume (OPD) Patients |
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| Super Specialty Hospital ARPOB INR per occupied bed per day |
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| Super Specialty Hospital Occupancy Rate % |
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| Total Bed Capacity Beds |
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| Cancer Hospital ARPOB INR per occupied bed per day |
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| Cancer Hospital Occupancy Rate % |
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| Total Surgery Count Surgeries |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
- CRISIL upgraded Asarfi Hospital’s long-term rating to BBB/Stable and assigned A3+ on ₹60 crore bank facilities.
- Closure of Trading Window
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
- Shareholder Meeting / Postal Ballot-Outcome of AGM
-
Reg. 34 (1) Annual Report.
- Annual Report for FY2025-26 and AGM notice submitted to BSE.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
Concalls
-
Aug 2026PPT
-
May 2026Transcript PPT
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Feb 2026PPT
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Nov 2025Transcript PPT
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Aug 2025PPT
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May 2025Transcript PPT
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Jan 2025PPT
-
Nov 2024Transcript PPT
Business Overview:
Asarfi Hospital operates 3 primary facilities:
a) Super Multi-Specialty Hospital (Baramuri, Dhanbad):[1]
The Co. operates a Super-Specialty Hospital
is the first and only super-specialty facility in
the Dhanbad region, offering 23+ specialized services under one roof. It provides advanced critical care, emergency care, cardiac care, diagnostics, and multi-specialty treatments.
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
65 beds across two floors, achieving an average occupancy rate of 42% as of FY26. It 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.