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Asarfi Hospital Ltd (543943)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543943 NSE: Hospital & Healthcare Services | Small Cap | Asarfi Hospital Ltd. Share Price

₹211.10 -3.90 (-1.81%)

As on 07-Jul'26 14:25

Asarfi Hospital Ltd (543943)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543943 NSE: Hospital & Healthcare Services | Small Cap | Asarfi Hospital Ltd. Share Price

₹211.10 -3.90 (-1.81%)

As on 07-Jul'26 14:25

Key Metrics
Valuation Multiples
Market Cap
₹423 Cr.
Current Price
₹211.1
52-Week Low / High
₹117 / 257
TTM EPS
₹8.7
TTM Sales
₹173 Cr.
Book Value per Share
₹50.1
P/E Ratio
24.78
In line with its 5-year historical median
Industry PE
93.9
Price to Book (P/B)
4.29
Higher than its 5-year historical median
Price to Sales (P/S)
2.44
Higher than its 5-year historical median
EV/EBITDA
12.21
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
14.46%
In line with industry median
Return on Capital Employed (ROCE)
16.18%
Underperforms industry median
Return on Assets (ROA)
6.90%
Operating Profit Margin
19.8%
Net Profit Margin
9.11%
Gross Profit Margin
22.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
42.86%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
47.98%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
160.81%
Asset Quality
Promoter Holding
61.17%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹79 Cr.
Equity
₹19.7 Cr.
Face Value
₹10
All Time Low / High
₹52.84 / 256.95

Asarfi Hospital stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Asarfi Hospital Ltd a good quality company?
Asarfi Hospital Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Asarfi Hospital Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Asarfi Hospital Ltd vs industry peers?
Asarfi Hospital Ltd revenue CAGR is 22.98%, compared to the industry median CAGR of 1.38%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Asarfi Hospital Ltd?
Promoters hold 61.17% of the Asarfi Hospital Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Asarfi Hospital Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 66.08% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Asarfi Hospital Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 21.8%25.2%28.9%26.2%11.2%16.2%-
Value Creation
Index
0.60.81.10.9-0.20.2-

Growth Parameters

Sales 42.954.165.268.884.4121173
Sales YoY Gr.-26.2%20.5%5.6%22.6%42.9%-
Adj EPS 3.54.77.65.52.15.48.7
YoY Gr.-34.6%62.2%-27.6%-61.3%154.2%-
BVPS (₹) 17.822.530.228.935.841.450.1
Adj Net
Profit
2.63.55.784.210.717
Cash Flow from Ops. 2.410.39.3-2.125.9-3.8-
Debt/CF from Ops. 2.20.71.3-8.31.2-12.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA23%22.8%42.9%
Adj EPS NA9.2%-10.7%154.2%
BVPSNA18.3%11.1%15.6%
Share Price - - - 47.7%

Key Financial Parameters

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
19.723.42924.97.514.119
Op. Profit
Mgn %
14.514.916.52019.119.819.8
Net Profit
Mgn %
6.16.58.811.758.99.9
Debt to
Equity
0.40.40.50.40.50.60.4
Working Cap
Days
0454399191181137
Cash Conv.
Cycle
0-11033-11036

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales4354656984121
Operating Expenses + 374654556897
Manufacturing Costs844677
Material Costs72326202028
Employee Cost 688111318
Other Costs 171216192744
Operating Profit 6811141624
Operating Profit Margin (%) 14.5%14.8%16.5%20.0%19.1%19.8%
Other Income + 001228
Exceptional Items 000000
Interest 111134
Depreciation 2334913
Profit Before Tax 45811615
Tax 112324
Profit After Tax 3468411
PAT Margin (%) 6.1%6.5%8.8%11.7%5.0%9.1%
Adjusted EPS (₹)3.54.77.65.52.15.6
Dividend Payout Ratio (%)0%0%0%0%0%0%

Valuation of Asarfi Hospital Ltd. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 131723427081
Share Capital 111142020
Reserves 121621275162
Debt +5712172743
Long Term Debt236111734
Short Term Debt3566109
Minority Interest000000
Trade Payables31252513
Others Liabilities 61226293227
Total Liabilities 28376393154164

Fixed Assets

Net Fixed Assets +1822313994101
Gross Block29364859123143
Accumulated Depreciation111417213041
CWIP 0291802
Investments 000000
Inventories011122
Trade Receivables225172440
Cash Equivalents 2714901
Others Assets 442103417
Total Assets 28376393154164

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2109-226-4
PBT 45811615
Adjustment 33451112
Changes in Working Capital -33-0-169-28
Tax Paid -1-1-2-2-0-3
Cash Flow From Investing Activity + -5-16-23-14-63-8
Capex -7-8-20-20-46-8
Net Investments 2-4-76-102
Others 0-330-7-1
Cash Flow From Financing Activity + 2614173613
Net Proceeds from Shares 00011230
Net Proceeds from Borrowing 00001017
Interest Paid -1-1-1-1-3-4
Dividend Paid 000000
Others 371476-1
Net Cash Flow 00-01-11

Financial Ratio

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)19.6623.3628.9924.877.514.46
ROCE (%)21.825.2128.8826.2111.1516.18
Asset Turnover Ratio1.551.671.30.880.680.76
PAT to CFO Conversion(x)0.672.51.5-0.256.5-0.36
Working Capital Days
Receivable Days20.101520.805989.1097
Inventory Days3.604.205.406.7076.20
Payable Days155.7034.1027.1067.30267.50247.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Asarfi Hospital Ltd FAQs

The current trading price of Asarfi Hospital Ltd. on 07-Jul-2026 14:25 is ₹211.1.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Jul-2026 the market cap of Asarfi Hospital Ltd. stood at ₹423.1 Cr

The latest P/E ratio of Asarfi Hospital Ltd. as of 06-Jul-2026 is 24.78.

The latest P/B ratio of Asarfi Hospital Ltd. as of 06-Jul-2026 is 4.29.

The 52-week high of Asarfi Hospital Ltd. is ₹256.9 and the 52-week low is ₹117.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Asarfi Hospital Ltd. is ₹173 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Asarfi Hospital Ltd is a average quality company.

The key valuation ratios of Asarfi Hospital Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Asarfi Hospital Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Asarfi Hospital Ltd

Asarfi Hospital was originally incorporated as a private limited company under the name of Asarfi Hospital Private Limited on October 04, 2005 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Bihar & Jharkhand, Thereafter, the company was converted from private limited to public limited, pursuant to special resolution passed by the shareholders of the Company at the Extraordinary general meeting held on January 03, 2012 and the name of the company was changed from Asarfi Hospital Private Limited to Asarfi Hospital Limited vide fresh certificate of incorporation dated February 08, 2012 issued by the Registrar of Companies, Jharkhand.

Asarfi Hospital is many bedded multi-speciality hospital, which is serving people for over one and half decade by providing healthcare services in Dhanbad, Jharkhand. Accredited by National Accreditation Board for Testing and Calibration Laboratories (NABL Accredited), it is an integrated healthcare service provider, committed to deliver valued healthcare services to its patients that includes prevention, treatment and proper rehabilitation. It is empanelled with several Government Agencies, Corporate Organizations for providing regular health care facilities to their employees and their dependants. It is also empaneled with the several Insurance and TPA providers.

Its hospital located at Dhanbad, Jharkhand is having departments/services like Cardiology, Neurosciences, General Medicine, Paediatrics & Neonatology, Obstetrics & Gynaecology, General Surgery, Gastroenterology, Orthopaedics Plastic Surgery & Cosmetics, Oncology, Nephrology, Urology, Ophthalmology, ENT, Day Care Services, Dental, Physiotherapy, Emergency, Nutrition & Dietetics, Anaesthesiology & Critical Care, Radiology, Pulmonology, Pain Management etc. among other healthcare services. The hospital has a full-fledged high dependency unit, Emergency Department, Outpatient consultation, CCU, ICU, NICU, SICU, Labor room, Endoscopy room, Neurosurgery and Cardiac unit. The Diagnostic Centre features laboratory and imaging equipment like the Open X-Ray, Ultrasound and CT scan. The Hospital offers both inpatient and outpatient care which covers a wide range of Medical and Surgical specialties.

Business area of the company 

The company is an integrated healthcare service provider, committed to deliver valued healthcare services to its patients that includes prevention, treatment and proper rehabilitation.

Facilities and services of the company 

  • Cardiology
  • Neurosciences
  • Paediatrics services
  • Obstetrics and gynaecology General surgery
  • Gastroenterology 
  • Orthopaedics
  • Plastic and cosmetic surgery
  • Oncology
  • Nephrology
  • Urology
  • Ophthalmology
  • Ear, Nose & Throat (ENT)
  • Anaesthesiology
  • Critical care  
  • Dental science
  • Radiology
  • General medicine
  • Pulmonology
  • Nutrition and dietetics
  • Day care services

History and milestone 

  • 2008: Started In Patient Department (IPD).
  • 2009: Established Burn Department.
  • 2016: Installed 10 NM3 PSA Oxygen Plant.
  • 2016: Completed Expansion of Block-A.
  • 2016: Increased Bed Strength from 98 to 120 Beds.
  • 2017: Commenced Operation of Cardiac Department.
  • 2017: Started Construction of Block-B.
  • 2019: Land allotted by JIADA for Cancer Hospital at Ranguni, Jharkhand.
  • 2019: Started Construction of Block-C.2022: Started Construction of Cancer Hospital.
  • 2022: Land allotted by RSCCL for Hospital Administration Course in Ranchi.
  • 2022: Commenced Operation of SRT Diagnostic (A unit of Asarfi Hospital) at Dhanbad (Jharkhand) and Ballia (Uttar Pradesh).

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