Dr Lal Pathlabs Ltd
About
Dr. Lal Pathlabs Private Limited was founded by Dr. S. K. Lal in 1949 and incorporated in 1995. In India, the company owns and operates more than 280 clinical laboratories and over 5,500 public service commissions, spread across 135 cities in 27 states. 44 of its 280 labs also offer radiology and cardiology services. Internationally, Lal Pathlabs is present in 23 countries with over 150 partner hospitals and labs, implementing more than 700 tests every day. The company functions with the help of over 250 associated doctors and a staff of more than 1800 employees. Its vision of providing top-quality diagnostic services is embodied by its National Reference Library. A team of 60 pathologists and 300 laboratory technologists run over 90,000 tests every day to develop diagnostic solutions by incorporating investigations into molecular diagnostics, histopathology, next-generation sequencing, and more.
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Financial Data 2024
Fortune India Coverage
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2296 11.5% | 2059 -3.8% | 2140 31.1% | 1633 17.8% | 1385 10.9% | 1249 14.8% | 1088 15.8% | 940 15.9% | 811 20.7% | 672 18.7% | 566 24.4% | 455 32.1% | 344 43.7% | 240 43.6% | 167 31.9% | 127 - |
| Net Operating Income (INR Cr) | 2227 10.40% | 2017 -3.38% | 2087 32.01% | 1581 18.86% | 1330 10.55% | 1203 13.86% | 1057 15.84% | 912 15.30% | 791 19.97% | 660 18.22% | 558 23.53% | 452 31.98% | 342 44.23% | 237 0.00% | 167 35.81% | 123 30.13% |
| Profit (INR Cr) | 358 49.8% | 239 -30.7% | 345 18.3% | 292 29.1% | 226 13.4% | 199 16.7% | 171 10.4% | 155 17.0% | 132 38.2% | 96 20.2% | 80 44.4% | 55 23.3% | 45 53.5% | 29 15.6% | 25 96.9% | 13 - |
| Assets (INR Cr) | 2132 0.6% | 2119 2.4% | 2070 45.1% | 1426 24.4% | 1147 20.5% | 952 19.1% | 800 32.1% | 605 13.3% | 534 47.0% | 364 42.6% | 255 41.6% | 180 40.5% | 128 5.9% | 121 23.8% | 98 20.9% | 81 - |
| Net Worth (INR Cr) | 1849 11.0% | 1666 11.0% | 1502 20.6% | 1245 20.6% | 1033 9.2% | 945 20.0% | 788 32.3% | 596 17.4% | 507 61.4% | 314 53.5% | 205 27.7% | 160 40.3% | 114 25.4% | 91 0.0% | 95 20.4% | 79 19.4% |
| Employee Cost (INR Cr) | 425 12.8% | 377 3.2% | 365 33.3% | 274 12.8% | 243 16.5% | 208 15.2% | 181 18.9% | 152 11.1% | 137 1.8% | 134 32.3% | 102 8.3% | 94 74.5% | 54 42.3% | 38 - | 0 - | 22 - |
| Interest Cost (INR Cr) | 29 | 38 | 30 | 16 | 15 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 3 | 1 | 0 | 1 |
| Cash & Bank Balance (INR Cr) | 830 | 665 | 618 | 926 | 569 | 490 | 314 | 240 | 210 | 148 | 106 | 21 | 13 | 22 | 39 | 8 |
| Total Debt (INR Cr) | 247 | 420 | 532 | 150 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 20 | 1 | 0 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 15.6% | 11.6% | 16.1% | 17.9% | 16.3% | 15.9% | 15.7% | 16.5% | 16.3% | 14.2% | 14.1% | 12.1% | 13.0% | 12.2% | 15.1% | 10.1% |
| Profit As % Of Assets | 16.8% | 11.3% | 16.7% | 20.4% | 19.7% | 20.9% | 21.4% | 25.5% | 24.7% | 26.3% | 31.2% | 30.6% | 34.9% | 24.1% | 25.8% | 15.8% |
| Profit As % Of Networth | 19.3% | 14.3% | 23.0% | 23.4% | 21.9% | 21.1% | 21.7% | 26.0% | 26.1% | 30.4% | 38.9% | 34.4% | 39.1% | 31.9% | 26.5% | 16.2% |
| Interest Cost to EBITDA % | 4.8% | 7.7% | 5.9% | 3.7% | 4.5% | 0.3% | 0.3% | 0.3% | 0.2% | 0.3% | 0.1% | 0.5% | 2.9% | 1.4% | - | 2.3% |
| Debt to Equity Ratio | 0.13 | 0.25 | 0.35 | 0.12 | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.22 | 0.01 | 0.00 |
| RONW | 20.6% | 15.2% | 25.5% | 26.0% | 23.0% | 23.1% | 24.8% | 28.2% | 32.4% | 35.6% | 42.4% | 38.7% | 39.8% | 29.4% | 29.0% | 17.7% |
| ROCE | 25.6% | 18.5% | 29.5% | 32.6% | 31.4% | 34.6% | 37.5% | 41.9% | 45.1% | 45.6% | 55.3% | 52.8% | 55.7% | 37.8% | 42.5% | 26.9% |