As of 6 Nov 2026, Asarfi Hospital trades at 20.7× trailing earnings, below the industry P/E of 47.7×, and the shares are 27% below their 52-week high. Its ROCE of 18% is the second-highest among the 7 largest Medical Care Facilities peers, and sales and net profit grew 35% and 28% a year over 3 years. Debt is 0.54× equity. It is listed on an SME platform with a market cap of ₹368 Cr, ranked 26th of 40 Medical Care Facilities companies by market cap; the shares rose 30% over the past year.
- ₹186.00
- ₹190.00
- ₹185.00
- ₹186.00
- 18K
Health check
- ReturnsAhead
+29.7% over a year, better than 7 of 7 peers.
- Price tagCheaper
P/E 20.7 vs industry 47.7.
- GrowthStrong
Sales +34.5%, profit +27.6% a year over 3 years.
- ProfitabilityAverage
ROCE 18.2% vs peer median 11.9%.
- Balance sheetFair
Debt 0.54× equity, interest covered 6.6×, Piotroski 9 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹368 Cr
- Small cap
- P/E
- 20.7
- Industry 47.7
- Price to book
- 3.61
- Peers 8.06
- Dividend yield
- 0.00%
- ROE
- 19.1%
- Peers 12.8%
- ROCE
- 18.2%
- Peers 11.9%
- Debt to equity
- 0.54
- Debt ₹55 Cr
- EPS (TTM)
- ₹9.05
- OPM (TTM)
- 19.7%
- Net margin 9.6%
- Sales growth
- +33.2%
- Latest quarter vs a year ago
- Profit growth
- +36.7%
- Latest quarter vs a year ago
- Price to sales
- 1.99
- EV/EBITDA 11.0
Strengths and risks
Strengths
- Return on equity of 19.1%.
- Quarterly profit up 36.7% on a year ago.
- Quarterly sales up 33.2% on a year ago.
- P/E of 20.7 against an industry P/E of 47.7.
About Asarfi Hospital
Asarfi Hospital Limited operates a hospital under the Asarfi Hospital name in India. The company offers healthcare services that focus on prevention, diagnosis, treatment, and rehabilitation. Asarfi Hospital Limited was incorporated in 2005 and is based in Dhanbad, India.
- Headquarters
- Dhanbad
- Sector
- Healthcare
- ISIN
- INE0DN001027
- Website
- asarfi.in
Price range
- Avg volume (3M)
- 48.7K
- 1-year return
- plus 29.7%
- From 52-week high
- minus 27.2%
Peers · Medical Care Facilities
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APOLLOHOSPApollo Hospitals Enterprise | 8,446.00 | plus 0.90% | 1,21,441 | 54.0 | 11.45 | 19.2% | 22.5% | 15.4% | 14.8% | 33.3% | 0.24% | plus 7.2% |
| MAXHEALTHMax Healthcare Institute | 934.00 | plus 0.21% | 90,909 | 66.1 | 8.03 | 12.6% | 12.8% | 26.8% | 22.4% | 9.3% | 0.21% | minus 18.1% |
| MANIPALHOSManipal Health Enterprises | 646.70 | minus 1.61% | 85,065 | 133.6 | 9.05 | 9.8% | 9.2% | 17.8% | – | – | 0.00% | minus 3.0% |
| ASTERDMAster DM Quality Care | 713.15 | minus 0.89% | 62,092 | 90.7 | 8.06 | 9.4% | 9.7% | 17.4% | 15.7% | −3.0% | 0.42% | plus 4.5% |
| FORTISFortis Healthcare | 766.90 | minus 6.45% | 57,898 | 55.7 | 5.52 | 11.9% | 10.4% | 22.2% | 13.3% | 20.9% | 0.13% | minus 19.6% |
| NHNarayana Hrudayalaya | 1,903.00 | minus 0.65% | 38,650 | 44.7 | 7.73 | 11.4% | 19.1% | 18.5% | 20.5% | 9.9% | 0.24% | plus 4.7% |
| MEDANTAGlobal Health | 1,387.60 | minus 0.15% | 37,264 | 60.4 | 8.63 | 15.0% | 15.2% | 22.1% | 17.2% | 19.5% | 0.04% | plus 11.2% |
| ASARFIAsarfi Hospital | 187.00 | plus 0.54% | 368 | 20.7 | 3.61 | 18.2% | 19.1% | 19.7% | 34.5% | 27.6% | 0.00% | plus 29.7% |
| Median of 7 peers | – | −0.65% | 62,092 | 60.4 | 8.06 | 11.9% | 12.8% | 18.5% | 16.5% | 14.7% | 0.21% | 4.5% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 35.7 | 44.9 | 46.1 | 45.2 | 47.5 | |
| 28.7 | 36 | 36 | 37.5 | 38.1 | |
| 7 | 8.9 | 10.1 | 7.7 | 9.5 | |
| 19.6% | 19.8% | 21.9% | 17.1% | 19.9% | |
| 1.4 | 0.8 | 1.5 | 0.6 | 0.6 | |
| 1.2 | 1.1 | 1.3 | 0.7 | 1.2 | |
| 3 | 2.9 | 2.9 | 2.8 | 3.1 | |
| 4.2 | 5.7 | 7.4 | 4.9 | 5.7 | |
| 25.6% | 25.7% | 27.2% | 20.0% | 25.2% | |
| 3.1 | 4.2 | 5.4 | 3.9 | 4.3 | |
| 1.59 | 2.13 | 2.76 | 1.99 | 2.17 |
Profit & loss
- Sales CAGR 3Y
- +34.5%
- Profit CAGR 3Y
- +27.6%
- EPS CAGR 3Y
- +27.6%
- ROE
- 19.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 70.7 | 84.4 | 121 | 172 | |
| – | +19.4% | +43.1% | +42.6% | |
| 56.9 | 68.3 | 94.4 | 137 | |
| 13.8 | 16.1 | 26.3 | 35.3 | |
| 19.5% | 19.0% | 21.8% | 20.5% | |
| 1.9 | 1.2 | 2.6 | 2.4 | |
| 0.9 | 2.3 | 4 | 4 | |
| 3.9 | 8.8 | 12.7 | 11.5 | |
| – | – | 2.1 | 0 | |
| 10.9 | 6.2 | 14.3 | 22.2 | |
| 26.4% | 33.3% | 26.1% | 24.9% | |
| 8 | 4.2 | 10.6 | 16.7 | |
| – | minus 48.1% | +154.1% | +57.5% | |
| 4.07 | 2.31 | 5.37 | 8.47 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14.5 | 19.7 | 19.7 | 19.7 | |
| 27.3 | 50.7 | 61.3 | 78 | |
| 17.2 | 31.9 | 48.6 | 57.6 | |
| 34.4 | 51.8 | 34.3 | 38 | |
| 93.4 | 154 | 164 | 193 | |
| 56.8 | 107 | 104 | 111 | |
| 18.2 | 13.1 | 2.6 | 2.8 | |
| – | 1 | 2.1 | 9.5 | |
| 8.5 | 16.4 | 14.4 | 13.1 | |
| 9.9 | 16.7 | 40.6 | 56.7 | |
| 93.4 | 154 | 164 | 193 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −2.1 | 26.1 | −4.3 | 18.3 | |
| −13.6 | −63.2 | −7.4 | −18.3 | |
| 16.8 | 36.4 | 12.6 | 4.8 | |
| 1.1 | −0.7 | 0.8 | 4.8 | |
| −20.1 | −46.1 | −11.4 | −18.1 | |
| −22.2 | −20 | −15.8 | 0.2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.