Dr Lal Pathlabs Ltd

Dr. Lal PathLabs is engaged in the business of running laboratories for carrying out pathological investigations of various branches of bio-chemistry, hematology, histopathology, microbiology, electrophoresis, immunochemistry, immunology, virology, cytology, and other pathological and radiological investigations.(Source : 201903 Annual Report Page No: 86)

  • Market Cap: 13,148 Cr.
  • Current Price: 1,578
  • 52 weeks High / Low 1846.00 / 1035.05
  • Book Value: 121.93
  • Stock P/E: 58.91
  • Dividend Yield: 0.76 %
  • ROCE: 33.22 %
  • ROE: 22.15 %
  • Sales Growth (3Yrs): 15.03 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Edit ratios
Pros:
Company is virtually debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 24.47%
Company has been maintaining a healthy dividend payout of 21.40%
Cons:
Stock is trading at 12.94 times its book value

Peer comparison Sector: Healthcare // Industry: Healthcare

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
242 269 254 258 283 307 283 292 324 351 310 288
178 194 200 196 210 224 220 228 233 248 234 232
Operating Profit 64 75 55 63 73 83 63 64 92 104 76 56
OPM % 26% 28% 21% 24% 26% 27% 22% 22% 28% 30% 25% 19%
8 8 7 9 11 11 12 13 14 16 13 14
Interest 0 0 0 0 0 0 0 0 4 4 4 4
Depreciation 6 7 8 10 8 9 9 10 16 16 17 18
Profit before tax 65 75 54 61 75 85 65 67 87 100 69 48
Tax % 34% 33% 35% 35% 33% 35% 32% 31% 34% 20% 26% 26%
Net Profit 43 50 35 40 50 55 44 46 57 80 51 35
EPS in Rs 5.28 6.14 4.28 4.83 6.05 6.71 5.38 5.59 6.95 9.65 6.20 4.28
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
94 123 167 225 319 421 541 637 765 882 1,024 1,165 1,274
79 100 129 171 240 334 406 486 562 651 768 882 946
Operating Profit 16 23 38 53 79 87 135 151 204 230 256 283 328
OPM % 17% 19% 23% 24% 25% 21% 25% 24% 27% 26% 25% 24% 26%
4 4 0 2 2 3 8 17 20 28 31 46 58
Interest 0 1 0 1 3 0 0 0 0 1 1 1 15
Depreciation 6 7 0 12 18 18 31 32 32 26 31 36 68
Profit before tax 13 20 38 43 61 71 111 135 192 231 256 292 303
Tax % 36% 35% 34% 34% 32% 31% 34% 32% 34% 34% 34% 33%
Net Profit 9 13 25 28 41 49 74 92 126 152 168 195 223
EPS in Rs 260.80 389.07 713.91 717.60 1,032.92 1,340.97 129.78 15.59 15.21 18.36 20.19 23.45 27.08
Dividend Payout % 0% 0% 0% 20% 21% 11% 8% 9% 16% 16% 22% 26%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:25.21%
5 Years:16.59%
3 Years:15.03%
TTM:9.33%
Compounded Profit Growth
10 Years:31.34%
5 Years:21.27%
3 Years:15.84%
TTM:14.23%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:26.71%
1 Year:48.25%
Return on Equity
10 Years:28.19%
5 Years:26.43%
3 Years:24.47%
Last Year:22.15%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
5 5 5 5 5 5 80 81 83 83 83 83 83
Reserves 63 76 91 88 107 147 135 238 396 503 722 875 933
Borrowings 2 0 1 19 0 0 0 0 0 0 0 0 0
17 27 45 54 60 102 142 157 113 90 90 108 302
Total Liabilities 85 106 141 164 170 252 331 449 592 676 896 1,067 1,318
28 28 31 87 84 91 114 119 130 121 173 173 298
CWIP 2 9 27 0 6 1 0 1 4 17 9 3 10
Investments 22 34 11 19 23 80 20 49 74 134 174 214 253
33 35 73 59 58 80 197 280 384 404 540 677 757
Total Assets 85 106 141 164 170 252 331 449 592 676 896 1,067 1,318

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
41 63 79 96 94 142 167 189 208
-19 -22 -56 -86 -86 -148 -134 -166 -93
-22 -38 -15 -10 1 1 -32 13 -54
Net Cash Flow 0 3 9 0 9 -5 1 36 61

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 23% 27% 42% 42% 57% 54% 61% 51% 48% 44% 37% 33%
Debtor Days 25 19 16 16 16 17 16 17 17 17 14 17
Inventory Turnover 0.36 0.39 0.00 0.60 0.75 1.03 0.97 11.76 12.98 0.82 10.98 10.17

Shareholding pattern in percentages

Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
57.92 57.92 57.42 57.42 57.41 57.41 56.91 56.91 56.91 56.91 56.81 56.77
10.58 10.75 10.47 13.28 15.88 17.02 16.71 17.75 19.30 20.12 20.34 20.01
7.13 11.17 13.62 11.68 9.47 8.61 8.38 8.42 9.23 10.10 10.07 9.94
22.52 18.33 17.08 16.35 16.00 15.74 16.79 15.72 13.37 11.73 11.69 12.23
1.85 1.84 1.41 1.27 1.24 1.22 1.20 1.20 1.19 1.14 1.09 1.04