Company Overview

Sangani Hospitals Limited is an India-based company that operates as a multi-specialty healthcare provider in the Keshod and Veraval regions of Gujarat. The company's services encompass super specialty services, specialty services, and other support services. Sangani Hospitals Limited was incorporated as a Public Limited Company in Keshod, Gujarat, on November 11, 2021, with Certificates of Incorporation dated November 12, 2021, and Commencement of Business dated December 14, 2021, issued by the Registrar of Companies, Ahmedabad.

The Sangani Group is a healthcare organization founded by Promoter Dr. Ajaykumar Sangani. Currently, the company is engaged in the business of operating hospitals, pathological laboratories, and pharmacy stores in Keshod and Veraval, Gujarat. It has built a robust foundation in healthcare delivery, expanding from a single ENT surgery department in 2001 to a comprehensive multi-specialty healthcare network.

Healthcare Facilities and Services

The Company operates two hospitals: Sangani Hospital in Keshod, Junagadh, Gujarat, and Sangani Super Speciality Hospital in Veraval, Gujarat. Sangani Hospital is a 36-bed multi-specialty hospital offering primary, secondary, and tertiary care facilities. Sangani Super Speciality Hospital is a 32-bed multi-specialty hospital with a significant focus on tertiary care.

Both hospitals provide a comprehensive range of healthcare services in specialties and super specialties, including Cardiac Sciences, Neurosciences, Orthopedics, Renal Sciences, and Mother and Childcare. Additionally, the company operates 2 pathology laboratories and 2 medical stores. Sangani Hospitals has demonstrated its commitment to community service by providing dialysis facilities to over 600 patients annually, free of cost.

The healthcare infrastructure includes specialized departments established progressively over the years. The expansion journey began with ENT surgery in 2001, followed by physician services (2006-07), gynecology (2008), and advanced surgical departments such as Urology, Laparoscopic Surgery, General Surgery, and Orthopedic Surgery by 2019.

Financial Performance and Market Metrics

The market capitalization of Sangani Hospitals Ltd (SANGANI) was ₹97.82 Cr as of May 16, 2025. Revenue of ₹17.7 Cr and Profit of ₹3.37 Cr indicate the company's operational performance. For the year ended 2024, Sangani Hospitals Ltd posted a profit of ₹2.70 crore on a total income of ₹16.41 crore.

Key financial metrics include:

* P/E Ratio: 36.36

* P/B Ratio: 2.92

* Return on Equity (ROE): 8.24 %

* Return on Assets (ROA): 7.55 %

* EBITDA Margin: 20.05 %

Stock Performance and Trading Details

The 52-week high for Sangani Hospitals Ltd (SANGANI) is ₹81, and the 52-week low is ₹35.20. The stock trades on the NSE under the symbol SANGANI and is listed on the NSE Emerge platform, which is designed for small and medium enterprises.

The company was listed on NSE Emerge in August 2023. The Sangani Hospitals IPO size was ₹15.17 Cr with an Issue Price of ₹40.00. This signifies the company's relatively recent entry into public markets, having completed its IPO in August 2023.

Management and Shareholding Structure

* Chairman: Rajeshkumar Sangani

* Managing Director: Ajaykumar Sangani

These individuals lead the company's operations. Promoter holding in Sangani Hospitals Ltd has remained stable at 73.22% as of March 2025, consistent with the holding in June 2024. This stable promoter stake reflects management confidence and commitment to the business.

Financial Health and Operational Efficiency

The company is almost debt-free, which provides significant financial flexibility and reduces the interest burden on its operations. Debtor days have improved from 103 to 50.0 days. The company's working capital requirements have also reduced from 65.7 days to 36.7 days, indicating improved operational efficiency and cash flow management.

Sector Positioning and Compliance

Sangani Hospitals Ltd (SANGANI) operates within the Healthcare sector and the Hospitals & Diagnostic Centres sub-sector. The company maintains regulatory compliance, as evidenced by recent filings. Notably, Sangani Hospitals has stated the non-applicability of SEBI's large corporate fundraising rules for FY 2025-26, effective as of May 1, 2025.

The company maintains a functional website at [www.sanganihospitals.com](http://www.sanganihospitals.com) and upholds transparency through regular compliance updates and investor communications, as required for listed entities on the NSE Emerge platform.