ASARFI HOSPITAL LIMITED

Runs a multi-specialty hospital business from Dhanbad, Jharkhand, operating two units with a combined 350 beds — a 285-bed Super-Specialty Hospital and a 65-bed Cancer Hospital. Revenue is earned from inpatient (IPD) and outpatient (OPD) services across cardiology, neurosurgery, orthopaedics, general medicine, oncology, and other specialties, with FY26 consolidated revenue of ₹173.5 crore (up 42% YoY) on IPD growth of 46% and OPD growth of 34%. The Cancer Hospital contributed about ₹33 crore (10-12% of revenue) at 42% bed occupancy, operating a Varian TrueBeam LINAC and a Siemens 64-slice PET CT. A May 2025 MoU with Gleneagles Hospital Chennai is setting up a multi-organ transplant unit, and the Cancer Hospital is to expand from 65 to 150 beds for ₹2-3 crore capex. The largest cost line is other operating expenses at 42% of revenue, followed by materials and medical consumables at 15.4% and employee costs at 15.3%.