Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹361 Cr.
Stock P/E
34.1
P/B
3.5
Current Price
₹183.5
Book Value
₹ 51.8
Face Value
10
52W High
₹257
52W Low
₹ 125
Dividend Yield
0%

Asarfi Hospital Ltd. Overview

Business

Asarfi Hospital Ltd. operates as a multi-specialty hospital in Jharkhand, India. The company provides a range of healthcare services across various medical disciplines, including but not limited to general medicine, cardiology, orthopedics, general surgery, pediatrics, urology, neurosciences, and obstetrics & gynaecology. Its core business model revolves around offering inpatient (IPD) and outpatient (OPD) medical care, diagnostic services (pathology, radiology), pharmacy services, and emergency care. The company generates revenue primarily through fees charged for these medical services, consultations, surgical procedures, diagnostics, and patient stays, often supported by tie-ups with insurance providers and corporate clients.

Revenue Mix

While specific revenue percentages for each segment are not readily available publicly without detailed financial reports, Asarfi Hospital's revenue streams are primarily derived from:

Inpatient Services (IPD): Fees from patient admissions, bed charges, surgeries, and intensive care. This typically forms a significant portion of hospital revenue.

Outpatient Services (OPD): Consultation fees from doctors, minor procedures, and follow-up visits.

Diagnostic Services: Revenue from pathology tests, radiology scans (X-ray, Ultrasound, CT scans, etc.).

Pharmacy Sales: Revenue from dispensing medicines to patients.

Emergency & Other Services: Fees for emergency room visits and other ancillary services.

Industry

Asarfi Hospital operates within the highly competitive Indian Hospital & Healthcare Services sector. This industry is characterized by a mix of large corporate hospital chains, standalone multi-specialty hospitals, single-specialty clinics, and government-run facilities. Given its likely presence as a regional multi-specialty hospital (often indicated by an SME platform listing), Asarfi Hospital is positioned to serve the healthcare needs of the local population in its specific geographic area, likely competing with other regional private hospitals and government facilities. Its positioning typically relies on local reputation, doctor expertise, range of services offered, and accessibility within its target market, rather than national scale.

MOAT

Asarfi Hospital's competitive advantages, or "moats," are likely to be:

Local Brand Recognition & Reputation: For a regional hospital, a well-established name and positive patient outcomes over time can build trust and loyalty within its community.

Doctor Relationships & Talent Pool: Retention of experienced and reputed doctors can draw patients, especially for specialized treatments.

Strategic Location: Proximity and accessibility to a specific population catchment area, potentially serving a region with limited alternative high-quality healthcare options.

Service Mix: Offering a comprehensive range of services under one roof can be convenient for patients and foster loyalty.

Growth Drivers

Key factors that can drive growth for Asarfi Hospital over the next 3-5 years include:

Increasing Healthcare Demand: Rising population, increasing prevalence of chronic diseases, growing health awareness, and an aging demographic in India.

Rising Income & Insurance Penetration: Enhanced affordability and greater adoption of health insurance schemes increase access to private healthcare services.

Expansion of Capacity & Services: Adding more beds, introducing new medical specialties, or upgrading existing facilities and equipment to cater to unmet demand.

Government Initiatives: Public health programs and government support for healthcare infrastructure can indirectly benefit private players.

Medical Tourism (Regional): Attracting patients from surrounding smaller towns or states due to specialized services or better infrastructure.

Risks

Intense Competition: From existing multi-specialty hospitals (local and larger chains), single-specialty clinics, and new entrants in its service area.

Doctor & Staff Retention: High demand for skilled medical professionals can lead to high attrition rates and increased payroll costs.

Regulatory Changes: Evolving government regulations regarding healthcare pricing, quality standards, and ethical practices can impact operations and profitability.

Capital Intensive Nature: Expansion, technology upgrades, and maintenance of medical equipment require significant ongoing capital expenditure.

Operational Risks: Managing hospital operations, infection control, medical malpractice claims, and ensuring high-quality patient care are constant challenges.

Economic Downturn: A slowdown in the economy can reduce discretionary healthcare spending and impact patient footfall.

Management & Ownership

Asarfi Hospital Ltd. is likely promoter-driven, typical for companies listed on the SME platforms in India. The promoters (founding family or individuals) typically hold a significant majority stake and are actively involved in the day-to-day management and strategic direction of the company. The management team's experience in the healthcare sector, local market understanding, and operational efficiency are crucial. Ownership structure typically shows a high promoter holding post-IPO, with the remaining shares held by the public (retail investors, HNIs).

Outlook

Asarfi Hospital operates in a structurally growing Indian healthcare market, benefiting from increasing demand, better affordability, and a rising awareness for quality medical care. Its regional focus provides an opportunity to cater to specific underserved populations or to establish a strong local brand and patient base. Potential for growth lies in leveraging its existing infrastructure, enhancing service offerings, and potentially expanding capacity. However, the hospital faces inherent challenges typical of the sector, including intense competition, the capital-intensive nature of healthcare, and the constant need to attract and retain medical talent. Profitability can be influenced by regulatory pricing pressures and the ability to manage operational costs efficiently. Its future performance will largely depend on its ability to effectively scale services, maintain its reputation for quality care, and navigate the evolving competitive and regulatory landscape while preserving its local market positioning.

Asarfi Hospital Ltd. Share Price

Live · BSE · Inception: 2005
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Asarfi Hospital Ltd. Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 24 23 31 33 35 36 45 46 45 48
Other Income -0 1 1 1 4 1 1 1 1 1
Total Income 24 24 32 34 39 37 46 48 46 48
Total Expenditure 20 18 24 26 29 29 36 36 38 38
Operating Profit 4 5 8 8 10 8 10 12 8 10
Interest 1 1 1 1 1 1 1 1 1 1
Depreciation 3 3 3 3 3 3 3 3 3 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -1 1 4 4 5 4 6 7 5 6
Provision for Tax -1 0 1 1 2 1 1 2 1 1
Profit After Tax -0 1 3 3 4 3 4 5 4 4
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 1 3 3 4 3 4 5 4 4
Adjusted Earnings Per Share -0.1 0.7 1.4 1.4 1.8 1.6 2.1 2.8 2 2.2

Asarfi Hospital Ltd. Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 84 121 184
Other Income 2 8 4
Total Income 86 128 188
Total Expenditure 68 97 148
Operating Profit 18 31 40
Interest 3 4 4
Depreciation 9 13 12
Exceptional Income / Expenses 0 0 0
Profit Before Tax 6 14 24
Provision for Tax 2 4 5
Profit After Tax 4 11 17
Adjustments 0 0 0
Profit After Adjustments 4 11 17
Adjusted Earnings Per Share 2.1 5.4 9.1

Asarfi Hospital Ltd. Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 70 81
Minority's Interest 0 0
Borrowings 17 34
Other Non-Current Liabilities 22 8
Total Current Liabilities 44 41
Total Liabilities 154 164
Fixed Assets 94 102
Other Non-Current Assets 15 4
Total Current Assets 46 58
Total Assets 154 164

Asarfi Hospital Ltd. Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1
Cash Flow from Operating Activities 26 -4
Cash Flow from Investing Activities -63 -7
Cash Flow from Financing Activities 36 13
Net Cash Inflow / Outflow -1 1
Closing Cash & Cash Equivalent 1 1

Asarfi Hospital Ltd. Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.11 5.37
CEPS(Rs) 6.58 11.82
DPS(Rs) 0 0
Book NAV/Share(Rs) 35.78 41.16
Core EBITDA Margin(%) 19.03 19.53
EBIT Margin(%) 10.6 15.25
Pre Tax Margin(%) 7.39 11.87
PAT Margin (%) 4.93 8.77
Cash Profit Margin (%) 15.34 19.29
ROA(%) 2.7 6.65
ROE(%) 5.91 13.97
ROCE(%) 8.75 15.86
Receivable days 104.9 96.96
Inventory Days 7.78 6.17
Payable days 446.49 248.23
PER(x) 30.89 15.43
Price/Book(x) 1.83 2.01
Dividend Yield(%) 0 0
EV/Net Sales(x) 1.89 1.74
EV/Core EBITDA(x) 9.01 6.77
Net Sales Growth(%) 0 42.85
EBIT Growth(%) 0 105.54
PAT Growth(%) 0 154.14
EPS Growth(%) 0 154.14
Debt/Equity(x) 0.45 0.6
Current Ratio(x) 1.03 1.43
Quick Ratio(x) 0.99 1.37
Interest Cover(x) 3.31 4.51
Total Debt/Mcap(x) 0.25 0.3

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +44% — — —
Operating Profit CAGR +72% — — —
PAT CAGR +175% — — —
Share Price CAGR +34% +18% — —
ROE Average +14% +10% +10% +10%
ROCE Average +16% +12% +12% +12%

Asarfi Hospital Ltd. Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 61.17 %
FII 0 %
DII (MF + Insurance) 2.97 %
Public (retail) 35.86 %
# Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 61.1761.1761.1761.1761.1761.1761.1761.17
FII 00000.05000
DII 3.252.331.952.922.191.982.42.97
Public 35.5836.536.8835.9136.5936.8536.4335.86
Others 00000000
Total 100100100100100100100100

Asarfi Hospital Ltd. Peer Comparison

Hospital & Healthcare Services Edit Columns

Asarfi Hospital Ltd. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Asarfi Hospital Ltd. Pros & Cons

Pros

  • Debtor days have improved from 446.49 to 248.23days.

Cons

  • Company has a low return on equity of 10% over the last 3 years.
  • Stock is trading at 3.5 times its book value.
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