Asarfi Hospital Limited

Asarfi Hospital Limited

BBSE:ASARFI
179.50
INR
-2.45
(-1.35%)
9.05EPS
25.20P/E
4.49BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
21.79
27.5
33.14
35.93
46.76
61.36
87.5
93.38
Basic EPS, GAAP
1.34
1.8
2.91
4.07
2.31
5.37
8.47
9.05
Free Cash Flow per Basic Share
-2.36
0.98
-5.21
-11.28
-11.08
-8.02
0.1
-1.99
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
6.79
8.59
11.5
21.26
35.78
41.16
49.62
51.79
Tangible Book Value per Share
6.79
8.59
11.5
21.26
35.78
41.16
49.62
51.79
Basic Weighted Avg Shares
20
20
20
20
18
20
20
20
Sales/Revenue/Turnover
429
541
652
707
844
1,207
1,722
1,838
Operating Margin (%)
12.41
9.76
11.4
14
8.62
11.3
13.79
13.31
Depreciation Expense
24
29
33
39
88
127
115
117
Net Income, GAAP
26
35
57
80
42
106
167
178
Effective Tax Rate (%)
26.48
25.96
25.77
26.39
33.32
26.1
24.93
24.88
Profit Margin (%)
6.13
6.53
8.78
11.34
4.93
8.76
9.68
9.69
Working Capital
9
11
73
169
13
159
223
255
LT Debt
22
25
60
108
174
338
350
349
Total Equity
134
169
226
418
704
810
976
1,019
Return on Invested Capital (%)
- -
17.62
18.81
15.39
5.96
9.99
12.47
12.77
Return on Capital (%)
- -
18.13
20.24
18.55
7.04
11.7
13.81
14.57
Return on Common Equity (%)
- -
23.36
28.99
24.87
7.41
13.97
18.65
19.15

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
231
225
199
LT Borrowings
313
350
349
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
3,701
3,336
4,486

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
757
714
771
Cash, Cash Equivalents & STI
171
131
82
Accounts Receivable, Net
546
541
647
Inventories
29
32
31
Total Current Liabilities
541
491
516
Payables & Accruals
- -
- -
- -
ST Debt
231
225
199
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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
- -
26.79%
42.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
229
309
329
351
1,207
2026
357
449
461
452
1,722
2027
475
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.74
1.45
1.36
1.82
5.37
2026
1.59
2.13
2.76
1.99
8.47
2027
2.17
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Udai Pratap Singh
Full Time Employees
489
Sector
Health services
Industry
Hospital/Nursing management
Address
Baramuri Dhanbad JH India 828130
IPO Date
Jul 26, 2023
Website
asarfi.in
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.