Asarfi Hospital Ltd.

Asarfi Hospital Ltd.

ASARFI.BO
Asarfi Hospital Ltd.IN flagBombay Stock Exchange
215.00
INR
-4.15
- -
4.23BMarket Cap
Asarfi Hospital Ltd.
ASARFI.BO
(Bombay Stock Exchange)

Recent

price

215.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
FRC
21.79
27.5
33.14
35.93
46.76
61.83
- -
87.4
Revenue per Share
1.34
1.8
2.91
4.07
2.31
5.37
- -
8.47
Basic EPS, GAAP
-2.36
0.98
-5.21
-11.28
-11.08
-8.01
- -
0.1
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
4.85
6.65
9.56
17.19
24.64
27.95
- -
10
Book Value per Share
6.79
8.59
11.5
21.26
39.01
41.12
- -
49.64
Tangible Book Value per Share
20
20
20
20
18
20
- -
20
Basic Weighted Avg Shares
429
541
652
707
844
1,218
1,735
1,719
Sales/Revenue/Turnover
12.41
9.76
11.4
14
8.62
9.92
13.68
12.88
Operating Margin (%)
24
29
33
39
88
127
115
115
Depreciation Expense
26
35
57
80
42
106
167
167
Net Income, GAAP
26.48
25.96
25.77
26.39
33.32
26.1
24.93
24.93
Effective Tax Rate (%)
6.13
6.53
8.78
11.34
4.93
8.68
9.6
9.69
Profit Margin (%)
9
11
73
169
13
174
223
223
Working Capital
22
25
60
108
174
338
350
350
LT Debt
134
169
226
418
704
810
976
976
Total Equity
- -
18.16
18.81
15.39
5.96
7.68
12.5
11.66
Return on Invested Capital (%)
- -
22.06
23.29
21.24
8.92
15.1
21.95
21.95
Return on Capital (%)
- -
31.23
35.92
30.45
10.63
21.25
44.59
44.59
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
146
231
225
LT Borrowings
332
313
350
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
2,541
3,701
3,335

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
622
757
714
Cash, Cash Equivalents & STI
106
171
131
Accounts Receivable, Net
469
546
541
Inventories
29
29
32
Total Current Liabilities
443
541
491
Payables & Accruals
- -
- -
- -
ST Debt
146
231
225
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
44.54%
20.57%
Free Cash Flow
- -
-129.22%
-101.24%
Net Income, GAAP
- -
53.12%
57.53%
Sales/Revenue/Turnover
- -
27.01%
42.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
200
240
- -
844
2025
229
309
329
351
1,218
2026
357
449
461
452
1,735

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.03
- -
- -
2.31
2025
0.74
1.45
1.36
1.82
5.37
2026
1.59
2.13
2.76
1.99
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Asarfi Hospital Ltd (ASARFI.BO) operates a 250-bedded private super multi-specialty hospital in Dhanbad, Jharkhand, India, providing comprehensive inpatient and outpatient healthcare services including super specialty departments such as neurosciences, cardiology, obstetrics and gynaecology, neonatology and paediatrics, urology, orthopaedics, gastroenterology, burn and plastic surgery, and oncology; secondary care specialties encompassing general medicine, general surgery, pulmonology, nephrology, ENT, ophthalmology, dentistry, and emergency care; diagnostic services featuring advanced laboratory testing (NABL accredited), open X-ray, ultrasound, CT scan, endoscopy, and a world-class cardiac unit with Phillips FD10 flat panel CATHLAB; critical care facilities including CCU, ICU, NICU, SICU, high dependency unit, and labour room; and primary health services such as vaccination centres, drug distribution, health camps, hygiene awareness programs, health education centres, yoga and exercise centres, and health resorts, primarily serving patients in Jharkhand and neighbouring areas with empanelments under Government of Jharkhand schemes, East Central Railway, Coal India Limited, and various TPAs. Founded in 2005 and headquartered at Baramuri, B Polytechnic, Dhanbad, Jharkhand, the company, promoted by Nayan Prakash Singh and Harendra Singh, is NABH accredited for entry-level hospital programs and focuses on affordable, innovative healthcare bridging gaps in regional access. Recent developments include the operational launch of its 50-bed Asarfi Cancer Institute in Ranguni, Dhanbad, on 9.55 acres leased from Jharkhand Industrial Area Development Authority in Q1 2025 with an additional 50 beds in progress; a successful BSE SME IPO in 2023 raising Rs 26.94 crore at a 90% premium; plans to expand combined bed capacity from around 300 to 500 by FY26 across facilities including a potential 100-bed hospital acquisition under due diligence, introduction of an IVF vertical, bone marrow transplant unit in the cancer hospital, and a new Health Management and Research Institute in Ranchi at Rs 40 crore project cost targeted for FY28 operations; and a strategic partnership formed on May 19, 2025, with Gleneagles Hospital, Chennai.