
LALPATHLAB - Dr. Lal Pathlabs Limited Share Price
Healthcare Services
Valuation | |
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Market Cap | 27.7 kCr |
Price/Earnings (Trailing) | 53.69 |
Price/Sales (Trailing) | 10.53 |
EV/EBITDA | 33.47 |
Price/Free Cashflow | 52.8 |
MarketCap/EBT | 42.23 |
Enterprise Value | 27.4 kCr |
Fundamentals | |
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Revenue (TTM) | 2.63 kCr |
Rev. Growth (Yr) | 12.1% |
Earnings (TTM) | 518.4 Cr |
Earnings Growth (Yr) | 24.3% |
Profitability | |
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Operating Margin | 25% |
EBT Margin | 25% |
Return on Equity | 23.49% |
Return on Assets | 19.08% |
Free Cashflow Yield | 1.89% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
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Price Change 1W | 3% |
Price Change 1M | 14.1% |
Price Change 6M | 26.2% |
Price Change 1Y | 1.5% |
3Y Cumulative Return | 10.7% |
5Y Cumulative Return | 12.2% |
7Y Cumulative Return | 19.2% |
Cash Flow & Liquidity | |
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Cash Flow from Investing (TTM) | -303.1 Cr |
Cash Flow from Operations (TTM) | 568.8 Cr |
Cash Flow from Financing (TTM) | -334 Cr |
Cash & Equivalents | 292.6 Cr |
Free Cash Flow (TTM) | 524.5 Cr |
Free Cash Flow/Share (TTM) | 62.61 |
Balance Sheet | |
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Total Assets | 2.72 kCr |
Total Liabilities | 510.3 Cr |
Shareholder Equity | 2.21 kCr |
Current Assets | 1.36 kCr |
Current Liabilities | 402.5 Cr |
Net PPE | 335.8 Cr |
Inventory | 36.1 Cr |
Goodwill | 548.1 Cr |
Capital Structure & Leverage | |
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Debt Ratio | 0.00 |
Debt/Equity | 0.00 |
Interest Coverage | 30.23 |
Interest/Cashflow Ops | 28.09 |
Dividend & Shareholder Returns | |
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Dividend/Share (TTM) | 24 |
Dividend Yield | 0.74% |
Shares Dilution (1Y) | 0.40% |
Shares Dilution (3Y) | 0.50% |
Risk & Volatility | |
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Max Drawdown | -20.3% |
Drawdown Prob. (30d, 5Y) | 31.54% |
Risk Level (5Y) | 39.9% |
Summary of Latest Earnings Report from Dr. Lal Pathlabs
Summary of Dr. Lal Pathlabs's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
In the Q1 FY26 earnings call, Dr. Lal PathLabs' management provided a positive outlook for the company, emphasizing growth opportunities driven by healthcare expansion in India. The management highlighted the following key points:
Healthcare Growth: The demand for healthcare services is increasing, with a projected shortfall of 2.4 million hospital beds. Government initiatives like Ayushman Bharat are expected to augment public and private investment in healthcare, leading to greater demand for quality diagnostic services.
Technological Advancements: The market for AI in healthcare is anticipated to grow to $1.6 billion by the end of 2025, driven by increased integration of digital health technologies, which enhance operational efficiency and patient outcomes.
Volume Growth: The company reported a 10.7% growth in sample volumes, totaling 23.4 million samples for the quarter. Patient volumes increased by 5.3%, reaching 7.6 million.
Financial Performance: Q1 FY26 revenue stood at Rs. 670 crore, marking an 11.3% increase from Rs. 602 crore last year. Profit after tax rose to Rs. 134 crore, reflecting a robust growth of 24.3% with a PAT margin of 20%.
Strategic Initiatives: The organization is focusing on expanding its network through the addition of labs and patient service centers. In FY25, 18 new labs were added, and a similar number is expected to be opened in FY26.
Service Portfolio Expansion: The management has launched 58 new tests this quarter, reinforcing its commitment to high-complexity testing and areas like genomics and allergy testing.
Outlook and Growth Strategy: The company is guided by three strategic pillars: volume-led growth through market expansion, operational excellence via digital transformation, and branding through quality and accessibility. Management is optimistic about sustaining volume-led growth while maintaining profitability.
These initiatives reflect the company's intent to adapt to changing market conditions and capitalize on the growing demand for diagnostic services in India.
Last updated:
Major Questions and Answers from the Q&A Section
1. Karthik Chellappa: Did our volume growth benefit from any unseasonal trends, or is this a clean quarter?
Shankha Banerjee: Yes, the growth is mainly like-for-like compared to Q1 last year. Any impacts from unseasonal rains were minimal.
2. Karthik Chellappa: Is there any specific cost management contributing to gross margin expansion despite low realization growth?
Ved Prakash Goel: Realizations grew from Rs. 833 to Rs. 880, thanks to a favorable test mix, particularly from our SwasthFit portfolio, contributing to improved margins.
3. Karthik Chellappa: Should we expect margin compression later in the year as you reinvest in the brand and infrastructure?
Ved Prakash Goel: Correct, while current margins are at 28.7%, they may not be sustainable for the full year due to investments in the latter half.
4. Anshul Agrawal: Is our volume growth secular across regions or concentrated in specific areas?
Shankha Banerjee: The sample growth closely follows our overall revenue growth and remains fairly consistent across major geographies.
5. Prakash Kapadia: Will we expect revenue growth to accelerate in markets like Bangalore and Mumbai after launching reference labs?
Shankha Banerjee: Reference lab impacts take time. While our strategy is sound, revenue growth will build gradually rather than jump instantly.
6. Surya Patra: What is the potential for test per patient to rise higher based on current trends?
Shankha Banerjee: We do not have a target, but factors like SwasthFit acceptance and increasing clinician prescriptions support a continued rise in tests per patient.
7. Karan Vora: What challenges have you faced with the Suburban acquisition?
Shankha Banerjee: We faced issues transitioning collection models post-COVID. The IT transition is timely, aligning Suburban with our operational standards.
8. Aashita Jain: How do you see your strategy in West India evolving with the dual brand approach?
Shankha Banerjee: Our focus is on expanding in urban centers like Mumbai and Pune, with growth driven by both collection networks and potentially more lab additions.
9. Yogesh Soni: What are your growth prospects in the genomics market?
Shankha Banerjee: The genomics market is growing, and we are investing significantly to capture market share; however, exact revenue contributions are not being disclosed.
10. Aashita Jain: Can you provide any insights on your radiology growth strategy?
Shankha Banerjee: We are piloting some high-end radiology services, including CT and MRI, and will develop our business model for expansion at the appropriate time.
11. Aashita Jain: What tax rate should we expect in the coming years?
Ved Prakash Goel: We expect a stable tax rate of 25%-26% moving forward, barring any one-time impacts.
12. Aashita Jain: Are you revising your revenue growth guidance of 11%-12%?
Shankha Banerjee: No, we will maintain our guidance of 11%-12% revenue growth for the year.
These summaries reflect the key inquiries and management responses, providing detailed insights while adhering to character limits.
Share Holdings
Understand Dr. Lal Pathlabs ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Holding Pattern
Share Holding Details
Shareholder Name | Holding % |
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Arvind Lal | 30.73% |
Vandana Lal | 19.2% |
Invesco Oppenheimer International Growth Fund | 3.51% |
Uti-Flexi Cap Fund | 2.4% |
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 2.12% |
Anjaneya Lal | 2.02% |
Archana Lal Erdmann | 1.84% |
Sbi Large & Midcap Fund | 1.7% |
Smallcap World Fund, Inc | 1.59% |
Life Insurance Corporation Of India | 1.47% |
The Brown Capital Management International Small Company Fund | 1.37% |
Sundaram Mutual Fund A/C Sundaram Mid Cap Fund | 1.12% |
Indus India Fund (Mauritius) Limited | 1.04% |
Tata Balanced Advantage Fund | 1.04% |
Overall Distribution
Distribution across major stakeholders
Ownership Distribution
Distribution across major institutional holders
Is Dr. Lal Pathlabs Better than it's peers?
Detailed comparison of Dr. Lal Pathlabs against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
APOLLOHOSP | Apollo Hospitals Enterprises | 1.02 LCr | 21.99 kCr | +8.40% | +18.80% | 64.74 | 4.48 | - | - |
FORTIS | Fortis Healthcare | 71.24 kCr | 8.16 kCr | +20.60% | +82.50% | 81.99 | 8.73 | - | - |
METROPOLIS | Metropolis Healthcare | 11.03 kCr | 1.42 kCr | +13.30% | +5.90% | 72 | 7.75 | - | - |
VIJAYA | Vijaya Diagnostic Centre | 10.83 kCr | 735.03 Cr | +4.70% | +27.80% | 71.97 | 14.73 | - | - |
THYROCARE | Thyrocare Tech | 7.25 kCr | 739.32 Cr | +17.80% | +57.70% | 68.1 | 9.81 | - | - |
Sector Comparison: LALPATHLAB vs Healthcare Services
Comprehensive comparison against sector averages
Comparative Metrics
LALPATHLAB metrics compared to Healthcare
Category | LALPATHLAB | Healthcare |
---|---|---|
PE | 52.85 | 66.19 |
PS | 10.36 | 7.75 |
Growth | 11.3 % | 9 % |
Performance Comparison
LALPATHLAB vs Healthcare (2021 - 2025)
- 1. LALPATHLAB is among the Top 3 Healthcare Service Provider companies by market cap.
- 2. The company holds a market share of 33.3% in Healthcare Service Provider.
- 3. In last one year, the company has had an above average growth that other Healthcare Service Provider companies.
Income Statement for Dr. Lal Pathlabs
Balance Sheet for Dr. Lal Pathlabs
Cash Flow for Dr. Lal Pathlabs
What does Dr. Lal Pathlabs Limited do?
Dr. Lal PathLabs Limited operates laboratories for carrying out pathological investigations in India and internationally. The company provides pathological investigations of various branches of bio-chemistry, hematology, histopathology, microbiology, electrophoresis, immuno-chemistry, immunology, virology, cytology, and other pathological and radiological investigations. It also offers training programs. The company was founded in 1949 and is based in Gurugram, India.