What we do Asarfi Hospital Ltd is a multi-specialty healthcare provider in Jharkhand, operating advanced hospitals offering super-specialty and cancer care services. |
Founded in 2,005 |
Market share Key regional player with strong presence in Dhanbad and neighboring districts offering specialized medical services. |
Problem solved Provides accessible quality healthcare including critical care, cancer treatment, and multi-specialty services to underserved regions in Eastern India. |
Top clients or who we serve Individuals and families in Jharkhand and nearby areas served via inpatient, outpatient, and government insurance schemes (B2C and B2G). |
Key management Udai Pratap Singh (Managing Director), Madhuri Singh (Director), with experienced clinical and administrative leaders. |
Our journey and innovations Started in 2005; expanded bed capacity; launched cardiac and cancer hospitals; listed in 2023; partnered with Gleneagles for transplant unit. |
Where we operate Jharkhand (Dhanbad, Ranguni) and Uttar Pradesh (Ballia) with outreach in surrounding districts. |
Top products or what we offer Super-specialty hospital services with 265 beds; Cancer Institute with 65 beds offering oncology, radiology, and nuclear medicine. |
Top brands Asarfi Super-Specialty Hospital - regional leader in cardiology, neurology; Asarfi Cancer Institute - among top 3 cancer hospitals in Jharkhand. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring from inpatient/outpatient medical services and government health insurance schemes. |
Our industry position Strong regional leadership in Eastern India healthcare with expanding specialty services and improving financial performance. |
Financial highlights FY25 revenue ₹120.57 Cr, net profit ₹10.58 Cr, 43% YoY revenue growth, 20% EBITDA margin, improving profitability. |
Geographical revenue split Primarily from Jharkhand with growing presence in neighboring states. |
Order book - |
Whats driving growth Expansion of cancer care, advanced diagnostics, partnerships, higher patient volumes, and insurance empanelments. |
Our future plans Bed capacity expansion, oncology unit growth, bone marrow transplant center, and exploring new operational contracts. |
Our green promise Implements energy conservation, rainwater harvesting, waste recycling, and complies with environmental norms. |
Our people and values Over 100 doctors and 500+ staff emphasizing quality, inclusion, and employee wellness. |
Key challenges ahead Maintaining occupancy, expanding specialized services, and navigating regulatory/operational risks. |
Interesting facts First and only hospital in Dhanbad with multi-organ transplant MoU; Cancer hospital one of three in Jharkhand. |
Risks and strategy Risk management policies in place; strategic expansions and quality focus to mitigate market and operational risks. |