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NSE:LALPATHLAB

DR. LAL PATH LABS LTD.

Healthcare › Healthcare Services·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 100+8
₹1,922.00
at close · 28 Oct 2026
▲ 32.00 (+1.69%)
ThemesArtificial Intelligence· growing

Latest filings

Next results: Wed, 4 Nov · Financial Results
  1. Dr. Lal PathLabs to discuss Q2 and H1 FY27 results on November 4 · Board & Shareholder Meetings
  2. Board to consider second interim dividend for FY2026-27 · Corporate Actions
  3. Board to review September results and consider second interim dividend · Results
All filings ↓
Ask Nexa about DR. LAL PATH LABS LTD.

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a diagnostic testing network with central laboratories and patient collection centres across India. In FY26, it added 14 new labs and over 1,100 collection centres, taking the network wider; revenue for the year was Rs. 2,763 crore, up 12.2% year-on-year. Around 75% of revenue comes from B2C patients and the balance from B2B referrals (doctors, hospitals and institutions). The Swasthfit preventive-health package brand contributed 27% of FY26 revenue, while Sovaaka — an AI-powered premium wellness screening brand — was launched with one centre in January 2026. Tier 3+ cities now account for 39% of revenue, and the company is expanding internationally through a Dubai subsidiary and an 80% stake in Ghana's Sunshine Healthcare. The largest cost line is materials (reagents and consumables) at 19.3% of revenue, followed by employee costs at 18.2% and other operating expenses at 34.1%.

Revenue mix · reported segments
B2C patient testing75.0%
Swasthfit preventive healthcare packages27.0%
Operating scale
FY26 revenue
Rs. 2,763 crore (+12.2% YoY)FY26
New labs added
14 in FY26; 12-15 planned in FY27FY26
Collection centres added
1,100+ in FY26FY26
Swasthfit share of revenue
27%FY26
Tier 3+ city contribution
39% of revenueFY26
Revenue per patient
Rs. 956 (+7.8%)Q4 FY26
Who pays it
Patients through the B2C channel (75% of revenue) and doctors, hospitals and institutions via B2B referrals.
Biggest cost
Materials — reagents and consumables — at 19.3% of revenue.
Kind of business
Asset-light diagnostic services with a hub-and-spoke lab plus franchisee collection-centre network.
Where it sits
Organised diagnostics provider with pan-India central lab and patient collection-centre footprint, expanding into super-specialised testing and international markets.
Market Cap
₹32,213 Cr
P / E (TTM)
46.3×
EV / EBITDA
35.0×
Div Yield
0.69%
Growth
11.8%▲
Revenue 5y CAGR
PAT +11.4% · EBITDA +11.9%
Quality
26.9%▲
ROCE (5y median)
ROE 20.1% (5y median) · margin 30.9%
Leverage
0.00·
Debt / Equity · low
Net cash ₹243 Cr
Revenue FY21→FY26
1.7×▲
Margin −0.3 pts
₹1,581 Cr → ₹2,763 Cr
Cash conversion
1.35×▲
Operating cash ÷ profit · 5 yrs
₹2,643 Cr on ₹1,956 Cr
Moves on a normal day
1.06%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 29 Healthcare Service Provider peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#17/25
P/B#22/24
ROCE#3/29
ROE#3/24
Debt / Equity#1/23
EBITDA margin#5/24
Revenue growth#14/25
Profit growth#10/25

Scorecard

Measured from the filed financials, judged against its Healthcare Service Provider peers · as of FY26 — not investment advice

Strengths
Returns on capital 26.9% (5-year median)
#3 of 29 in Healthcare Service Provider on the latest reported figures · down from 29.6% in FY21
No borrowings on the balance sheet
lower than 77% of its 23 Healthcare Service Provider peers
Over 5 years it reported ₹1,956 Cr of profit and ₹2,643 Cr of operating cash — 1.35×
Profit is converting into cash
Negative working-capital cycle — the business is funded by its suppliers
Pays out 44% of profit as dividend
Concerns
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

LALPATHLAB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from DR. LAL PATH LABS LTD.'s filed financials and exchange disclosures

What does DR. LAL PATH LABS LTD. do?

DR. LAL PATH LABS LTD. is a Healthcare Services company listed on NSE and BSE, trading under the symbol LALPATHLAB.

Is DR. LAL PATH LABS LTD. profitable?

Yes. Over the trailing twelve months DR. LAL PATH LABS LTD. reported a net profit of ₹546 Cr on revenue of ₹2,891 Cr.

Does DR. LAL PATH LABS LTD. pay a dividend?

Yes. The dividend yield is 0.69% at the current price. It paid out 44% of its profit as dividend in FY26.

Is DR. LAL PATH LABS LTD. debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹243 Cr of cash.

Is DR. LAL PATH LABS LTD. expensive compared with its peers?

On trailing P/E, DR. LAL PATH LABS LTD. ranks 17 of 25 in Healthcare Service Provider — cheaper than 33% of them, against an industry median of 23.4×. This is a position, not a valuation judgement.

How much does the DR. LAL PATH LABS LTD. share price move in a day?

On a typical session DR. LAL PATH LABS LTD. moves 1.06% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are DR. LAL PATH LABS LTD.'s next results?

Financial Results on Wed, 4 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track DR. LAL PATH LABS LTD.'s announcements?

Every NSE and BSE filing by DR. LAL PATH LABS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.