About
Choksi Laboratories Limited provides contract testing and analytical services in India and internationally. Its contract laboratory services include pharmaceutical, food and beverages, soil and water, chemical, and construction material analysis. The company's instrument calibration and validation services comprise laboratory and on-site calibration for test equipment, process equipment, and various end-user equipment; plant shutdown calibration; and consultancy for setting up an in-house calibration laboratory. It also offers environment management, laboratory set-up and management, waste water management, and air pollution monitoring services. In addition, the company provides clinical research services, such as bio-availability and bio-equivalence studies; and consultancy and allied services consisting of training, third-party inspection, and auditing. Further, it offers assaying and hallmarking services for gold and silver. The company serves the pharmaceuticals, consumer products, and engineering sectors. Choksi Laboratories Limited was founded in 1982 and is based in Indore, India.
Key Metrics
as of Sep 2026Market Cap115 Cr
P/E60.60
Div Yield0.00 %
Book Value₹36.70
52w High₹229.00
52w Low₹81.80
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.06 | 12.82 | 10.82 | 11.12 | 11.24 | 11.40 | 10.38 | 9.26 | 10.74 | 11.12 | 8.79 | 7.95 | 8.88 |
| Expenses | 8.78 | 9.18 | 8.16 | 8.19 | 8.34 | 7.90 | 7.84 | 6.90 | 7.91 | 7.63 | 6.55 | 5.84 | 6.45 |
| Operating Profit | 3.28 | 3.64 | 2.66 | 2.93 | 2.90 | 3.50 | 2.54 | 2.36 | 2.83 | 3.49 | 2.24 | 2.11 | 2.43 |
| OPM % | 27.20 | 28.39 | 24.58 | 26.35 | 25.80 | 30.70 | 24.47 | 25.49 | 26.35 | 31.38 | 25.48 | 26.54 | 27.36 |
| Other Income | 0.02 | 0.06 | 0.89 | 0.01 | 0.00 | 0.04 | 0.01 | 0.01 | 0.01 | 0.06 | 0.00 | 0.05 | 0.00 |
| Depreciation | 1.97 | 1.89 | 1.83 | 1.69 | 1.68 | 1.70 | 1.68 | 1.61 | 1.50 | 1.49 | 1.43 | 1.41 | 1.39 |
| Interest | 0.73 | 0.71 | 0.81 | 0.69 | 0.60 | 0.58 | 0.69 | 0.66 | 0.72 | 0.77 | 0.67 | 0.74 | 0.82 |
| Profit before tax | 0.60 | 1.10 | 0.91 | 0.56 | 0.62 | 1.26 | 0.18 | 0.10 | 0.62 | 1.29 | 0.14 | 0.01 | 0.22 |
| Tax % | 3.33 | 6.36 | 64.84 | 57.14 | 38.71 | 26.98 | 44.44 | 20.00 | 30.65 | 46.51 | 57.14 | 0.00 | -59.09 |
| Net Profit | 0.58 | 1.03 | 0.31 | 0.24 | 0.39 | 0.92 | 0.11 | 0.08 | 0.42 | 0.68 | 0.06 | 0.01 | 0.36 |
| EPS in Rs | 0.83 | 1.48 | 0.45 | 0.34 | 0.56 | 1.32 | 0.16 | 0.11 | 0.60 | 0.98 | 0.09 | 0.01 | 0.52 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 46.01 | 41.78 | 36.70 | 34.44 | 30.04 | 25.69 | 28.16 | 33.74 | 30.40 | 28.63 | 25.10 | 24.45 |
| Expenses | 33.83 | 30.48 | 26.42 | 24.17 | 21.14 | 21.57 | 24.62 | 26.48 | 24.06 | 23.85 | 19.95 | 19.30 |
| Operating Profit | 12.18 | 11.30 | 10.28 | 10.27 | 8.90 | 4.12 | 3.54 | 7.26 | 6.34 | 4.78 | 5.15 | 5.15 |
| OPM % | 26.47 | 27.05 | 28.01 | 29.82 | 29.63 | 16.04 | 12.57 | 21.52 | 20.86 | 16.70 | 20.52 | 21.06 |
| Other Income | 0.96 | 0.07 | 0.16 | 2.47 | 0.12 | 0.49 | -2.80 | 0.25 | 0.35 | 0.86 | -0.05 | 0.63 |
| Interest | 2.86 | 2.72 | 3.06 | 3.52 | 3.23 | 2.82 | 1.89 | 1.54 | 1.59 | 1.47 | 1.23 | 1.57 |
| Depreciation | 7.09 | 6.50 | 5.71 | 5.50 | 5.43 | 4.60 | 4.56 | 3.68 | 3.16 | 2.86 | 2.73 | 2.83 |
| Profit before tax | 3.19 | 2.15 | 1.67 | 3.72 | 0.36 | -2.81 | -5.71 | 2.29 | 1.94 | 1.31 | 1.14 | 1.38 |
| Tax % | 38.56 | 29.30 | 32.93 | 13.71 | 44.44 | -7.12 | -32.05 | 30.13 | 29.90 | 32.06 | 36.84 | 36.23 |
| Net Profit | 1.96 | 1.52 | 1.11 | 3.21 | 0.21 | -2.61 | -3.88 | 1.60 | 1.35 | 0.89 | 0.72 | 0.88 |
| EPS in Rs | 2.81 | 2.18 | 1.59 | 4.61 | 0.30 | -3.75 | -5.57 | 2.30 | 1.94 | 1.28 | 1.03 | 1.26 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 |
| Reserves | 18.61 | 16.64 | 15.25 | 14.14 | 10.94 | 10.78 | 13.26 | 17.04 | 15.43 | 14.16 | 13.07 | 12.35 |
| Borrowings | 34.17 | 29.15 | 30.87 | 32.41 | 37.29 | 39.15 | 31.64 | 17.05 | 12.43 | 11.20 | 13.68 | 11.65 |
| Other Liabilities | 12.17 | 12.57 | 8.86 | 6.84 | 9.22 | 9.48 | 13.14 | 14.28 | 9.85 | 8.32 | 8.81 | 6.70 |
| Total Liabilities | 71.92 | 65.33 | 61.95 | 60.36 | 64.42 | 66.38 | 65.01 | 55.34 | 44.68 | 40.65 | 42.53 | 37.67 |
| Fixed Assets | 51.55 | 47.61 | 43.43 | 44.83 | 46.56 | 50.32 | 33.08 | 34.81 | 28.62 | 22.23 | 17.64 | 19.28 |
| CWIP | 0.40 | 0.00 | 2.99 | 0.31 | 1.67 | 0.50 | 13.06 | 3.23 | 0.00 | 4.28 | 8.99 | 2.73 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 19.97 | 17.72 | 15.53 | 15.22 | 16.19 | 15.56 | 18.87 | 17.30 | 16.06 | 14.14 | 15.90 | 15.66 |
| Total Assets | 71.92 | 65.33 | 61.95 | 60.36 | 64.42 | 66.38 | 65.01 | 55.34 | 44.68 | 40.65 | 42.53 | 37.67 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 7.86 | 11.78 | 11.55 | 8.25 | 7.88 | 5.90 | 2.87 | 6.91 | 6.25 | 6.57 | 0.01 | 2.30 |
| Cash from Investing Activity | -7.07 | -7.61 | -6.65 | -0.71 | -2.71 | -7.65 | -13.76 | -9.76 | -4.92 | -1.88 | -0.01 | -0.73 |
| Cash from Financing Activity | -1.20 | -4.22 | -4.58 | -7.61 | -5.07 | 1.63 | 11.09 | 2.13 | -0.94 | -4.89 | 0.00 | -1.37 |
| Net Cash Flow | -0.41 | -0.04 | 0.32 | -0.07 | 0.10 | -0.12 | 0.20 | -0.72 | 0.39 | -0.20 | 0.00 | 0.21 |
| Free Cash Flow | 0.62 | 4.09 | 4.54 | 7.34 | 5.05 | -2.18 | -11.18 | -3.09 | 1.30 | 4.18 | 0.00 | 1.40 |
| CFO/OP % | 69.00 | 122.00 | 117.00 | 73.00 | 75.00 | 68.00 | 111.00 | 137.00 | 124.00 | 124.00 | 0.00 | 53.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 116.85 | 98.46 | 103.33 | 112.87 | 125.03 | 115.94 | 90.60 | 95.09 | 118.62 | 112.19 | 124.77 | 126.15 |
| Inventory Days | 25.47 | 65.94 | 51.33 | 34.68 | 46.09 | 15.62 | 20.28 | 37.89 | 30.50 | 28.27 | 0.00 | 0.00 |
| Days Payable | 594.19 | 639.34 | 560.33 | 297.29 | 741.06 | 685.97 | 723.24 | 660.70 | 594.31 | 591.13 | — | — |
| Cash Conversion Cycle | -451.87 | -474.95 | -405.67 | -149.73 | -569.95 | -554.41 | -612.36 | -527.72 | -445.18 | -450.67 | 124.77 | 126.15 |
| Working Capital Days | -35.14 | -71.29 | -49.13 | 11.66 | -23.33 | -49.73 | 21.13 | 28.02 | -18.37 | -23.71 | 3.34 | 29.26 |
| ROCE % | 9.44 | 9.20 | 8.87 | 9.16 | 6.40 | 0.00 | -1.48 | 10.09 | 10.51 | 7.33 | 7.51 | 7.94 |
Corporate Actions
No corporate actions recorded.
Announcements
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Credit Ratings
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Rating update12 Jun 2025 from brickwork
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Rating update3 May 2024 from brickwork
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Rating update27 Apr 2023 from brickwork
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Rating update2 May 2022 from brickwork
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Rating update10 Mar 2021 from brickwork
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Rating update13 Mar 2020 from brickwork