BSE: 544231
BROACH LIFECARE HOSPITAL LIMIT
Operates a hospital in Bharuch, Gujarat, providing healthcare services to patients. The Bharuch facility's bed capacity has doubled following a Permanent Clinical Establishment registration, taking total bed capacity from 40 to 65. Revenue from operations for FY26 reached Rs 599.47 lakhs, up from Rs 322.52 lakhs in FY25. The company is listed on the BSE SME platform and is deploying its IPO proceeds to purchase medical equipment and build a medical tourism portal. A Cath Lab Machine is being procured through a related-party arrangement (with the Managing Director's Heart Hospital) to meet Gujarat government empanelment norms under the AB PMJAY scheme for cardiology services. On the cost side, "other operating expenses" form the largest cost line at 45.5% of revenue, with employee costs at 19.3% and materials at 3.1%; capex was 54.7% of revenue in FY26, reflecting the ongoing capacity build-out. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Hospital and healthcare services. Small-cap, single-location hospital operator; recently IPO'd on BSE SME; in active capacity expansion phase
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY25 | FY26 |
|---|---|---|
| Revenue | 3 | 6 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 0.98 | 0.14 |
| ROE % · ROCE % | — · 7.9 | — · 2.6 |
| Debt / equity (x) | — | — |
| Cash from operations | (1) | 1 |
| Capex | (0) | (3) |
Exhibit 2: Quarterly performance, last 4 quarters
| ₹ crore | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|
| Revenue | 2 | 1 | 3 | 3 |
| Profit before tax | 1 | 0 | 0 | (0) |
| Net profit | — | — | — | — |
| EPS (₹) | 1.70 | 0.17 | 1.03 | 0.37 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| APOLLO HOSPITALS ENTER. L | 1,12,042 | 53.6 | 11.23 | 29.6 | 20.1 | 16.6 | 19.0 | 16.2 |
| MAX HEALTHCARE INS LTD | 82,239 | 56.4 | 7.65 | 36.1 | 13.4 | 11.1 | 27.3 | 27.0 |
| FORTIS HEALTHCARE LTD | 55,603 | 53.1 | 5.47 | 27.5 | 10.5 | 9.7 | 17.8 | 22.0 |
| NARAYANA HRUDAYALAYA LTD. | 35,048 | 42.7 | 7.72 | 23.5 | 17.8 | 9.2 | 25.0 | 18.8 |
| ASTER DM QUALITY CARE LTD | 34,204 | 106.8 | 7.08 | 34.9 | 8.8 | 8.5 | (11.6) | 14.3 |
| GLOBAL HEALTH LIMITED | 33,865 | 60.9 | 8.50 | 34.4 | 13.9 | 13.5 | — | 23.7 |
| KRISHNA INST OF MED SCI L | 29,211 | 136.4 | 11.42 | 39.7 | 9.5 | 5.1 | 24.0 | 20.3 |
| DR AGARWALS HEALTH CARE L | 15,073 | 101.4 | 7.11 | 24.6 | 7.9 | 7.1 | — | 28.8 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 3.9 | 42.2 | 2 of 30 | 97% |
| ROCE | 2.2 | 10.9 | 26 of 30 | 14% |
| Market cap | 8 | 2481 | 30 of 30 | 0% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · RTA certificate under SEBI Reg 74(5) for quarter ended Sep 30, 2026 | compliance | minimal | — | — |
| 5 Oct 2026 · Maple Hospital gets ONGC and ESIC empanelment, awaits NABH certification | business updates | medium | — | — |
| 2 Oct 2026 · Broach Lifecare Hospital: All 3 resolutions passed at 3rd AGM | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Secretarial auditor appointed for five years | management changes | low | — | — |
| 30 Sept 2026 · Broach Lifecare Hospital holds 3rd AGM, no dividend declared | board shareholder meetings | low | — | — |
| 11 Sept 2026 · CFO of Broach Lifecare resigns; company clarifies BSE query on disclosure | management changes | high | — | — |
| 9 Sept 2026 · AGM notice and annual report link sent to shareholders without registered email | compliance | minimal | — | — |
| 9 Sept 2026 · Newspaper publication notice for 3rd Annual General Meeting | compliance | minimal | — | — |
| 8 Sept 2026 · Annual Report FY2025-26 and 3rd AGM notice filed with BSE | results | medium | — | — |
| 8 Sept 2026 · Notice of 3rd AGM on September 30, 2026 with e-voting facility | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.