About
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 phlebotomist training programs. The company was founded in 1949 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap31,568 Cr
P/E56.20
Div Yield0.75 %
Book Value₹150.00
52w High₹1,989.00
52w Low₹1,272.00
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 | 764.00 | 675.00 | 632.00 | 700.00 | 641.00 | 577.00 | 569.00 | 631.00 | 574.00 | 521.00 | 476.00 | 532.00 | 480.00 |
| Expenses | 526.00 | 494.00 | 458.00 | 484.00 | 457.00 | 418.00 | 418.00 | 437.00 | 413.00 | 383.00 | 346.00 | 369.00 | 344.00 |
| Operating Profit | 238.00 | 182.00 | 174.00 | 215.00 | 183.00 | 159.00 | 151.00 | 194.00 | 161.00 | 138.00 | 130.00 | 163.00 | 136.00 |
| OPM % | 31.00 | 27.00 | 27.00 | 31.00 | 29.00 | 28.00 | 27.00 | 31.00 | 28.00 | 26.00 | 27.00 | 31.00 | 28.00 |
| Other Income | 30.00 | 37.00 | -4.00 | 23.00 | 26.00 | 25.00 | 31.00 | 24.00 | 31.00 | 16.00 | 15.00 | 14.00 | 15.00 |
| Depreciation | 40.00 | 43.00 | 40.00 | 38.00 | 33.00 | 35.00 | 34.00 | 33.00 | 33.00 | 35.00 | 19.00 | 19.00 | 18.00 |
| Interest | 6.00 | 6.00 | 7.00 | 5.00 | 4.00 | 5.00 | 5.00 | 6.00 | 6.00 | 6.00 | 6.00 | 7.00 | 7.00 |
| Profit before tax | 222.00 | 170.00 | 123.00 | 195.00 | 172.00 | 145.00 | 144.00 | 179.00 | 154.00 | 113.00 | 120.00 | 151.00 | 125.00 |
| Tax % | 25.00 | 17.00 | 25.00 | 25.00 | 25.00 | -2.00 | 27.00 | 28.00 | 26.00 | 29.00 | 26.00 | 25.00 | 25.00 |
| Net Profit | 166.00 | 141.00 | 92.00 | 146.00 | 129.00 | 148.00 | 105.00 | 129.00 | 114.00 | 81.00 | 88.00 | 113.00 | 94.00 |
| EPS in Rs | 9.90 | 8.42 | 5.50 | 8.69 | 7.71 | 8.88 | 6.30 | 7.71 | 6.86 | 4.84 | 5.29 | 6.77 | 5.61 |
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 | 2,648.00 | 2,352.00 | 2,125.00 | 1,769.00 | 1,879.00 | 1,491.00 | 1,274.00 | 1,165.00 | 1,024.00 | 882.00 | 765.00 | 637.00 |
| Expenses | 1,893.00 | 1,684.00 | 1,544.00 | 1,308.00 | 1,366.00 | 1,083.00 | 946.00 | 882.00 | 768.00 | 651.00 | 562.00 | 486.00 |
| Operating Profit | 755.00 | 668.00 | 581.00 | 461.00 | 512.00 | 408.00 | 328.00 | 283.00 | 256.00 | 230.00 | 204.00 | 151.00 |
| OPM % | 29.00 | 28.00 | 27.00 | 26.00 | 27.00 | 27.00 | 26.00 | 24.00 | 25.00 | 26.00 | 27.00 | 24.00 |
| Other Income | 82.00 | 109.00 | 66.00 | 47.00 | 53.00 | 51.00 | 58.00 | 46.00 | 31.00 | 28.00 | 20.00 | 17.00 |
| Interest | 22.00 | 22.00 | 29.00 | 34.00 | 29.00 | 15.00 | 15.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Depreciation | 154.00 | 134.00 | 136.00 | 82.00 | 76.00 | 70.00 | 68.00 | 36.00 | 31.00 | 26.00 | 32.00 | 32.00 |
| Profit before tax | 660.00 | 621.00 | 483.00 | 391.00 | 461.00 | 374.00 | 303.00 | 292.00 | 256.00 | 231.00 | 192.00 | 135.00 |
| Tax % | 23.00 | 20.00 | 28.00 | 25.00 | 25.00 | 25.00 | 26.00 | 33.00 | 34.00 | 34.00 | 34.00 | 32.00 |
| Net Profit | 508.00 | 497.00 | 347.00 | 292.00 | 345.00 | 280.00 | 223.00 | 195.00 | 168.00 | 152.00 | 126.00 | 92.00 |
| EPS in Rs | 30.33 | 29.74 | 20.76 | 17.54 | 20.71 | 16.80 | 13.39 | 11.72 | 10.09 | 9.18 | 7.60 | 8.40 |
| Dividend Payout % | 68.00 | 40.00 | 43.00 | 34.00 | 29.00 | 60.00 | 45.00 | 26.00 | 22.00 | 16.00 | 16.00 | 9.00 |
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 | 168.00 | 84.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 55.00 |
| Reserves | 2,305.00 | 2,051.00 | 1,717.00 | 1,606.00 | 1,389.00 | 1,134.00 | 933.00 | 847.00 | 693.00 | 503.00 | 397.00 | 238.00 |
| Borrowings | 193.00 | 151.00 | 142.00 | 281.00 | 385.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 27.00 |
| Other Liabilities | 383.00 | 336.00 | 406.00 | 350.00 | 354.00 | 356.00 | 302.00 | 136.00 | 119.00 | 90.00 | 112.00 | 130.00 |
| Total Liabilities | 3,049.00 | 2,621.00 | 2,349.00 | 2,320.00 | 2,211.00 | 1,573.00 | 1,318.00 | 1,067.00 | 896.00 | 676.00 | 592.00 | 449.00 |
| Fixed Assets | 1,143.00 | 1,051.00 | 1,104.00 | 361.00 | 371.00 | 300.00 | 297.00 | 173.00 | 173.00 | 121.00 | 130.00 | 119.00 |
| CWIP | 7.00 | 3.00 | 6.00 | 5.00 | 14.00 | 9.00 | 11.00 | 3.00 | 9.00 | 17.00 | 4.00 | 1.00 |
| Investments | 513.00 | 416.00 | 213.00 | 1,213.00 | 1,062.00 | 171.00 | 253.00 | 214.00 | 174.00 | 134.00 | 74.00 | 49.00 |
| Other Assets | 1,386.00 | 1,151.00 | 1,026.00 | 740.00 | 764.00 | 1,093.00 | 757.00 | 677.00 | 540.00 | 404.00 | 384.00 | 280.00 |
| Total Assets | 3,049.00 | 2,621.00 | 2,349.00 | 2,320.00 | 2,211.00 | 1,573.00 | 1,318.00 | 1,067.00 | 896.00 | 676.00 | 592.00 | 449.00 |
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 | 606.00 | 540.00 | 478.00 | 428.00 | 426.00 | 373.00 | 272.00 | 208.00 | 189.00 | 167.00 | 142.00 | 94.00 |
| Cash from Investing Activity | -382.00 | -293.00 | 32.00 | -288.00 | -449.00 | -195.00 | -19.00 | -93.00 | -166.00 | -134.00 | -148.00 | -86.00 |
| Cash from Financing Activity | -256.00 | -325.00 | -404.00 | -270.00 | 141.00 | -136.00 | -187.00 | -54.00 | 13.00 | -32.00 | 1.00 | 1.00 |
| Net Cash Flow | -32.00 | -78.00 | 106.00 | -131.00 | 118.00 | 42.00 | 65.00 | 61.00 | 36.00 | 1.00 | -5.00 | 9.00 |
| Free Cash Flow | 436.00 | 488.00 | 429.00 | 390.00 | 358.00 | 338.00 | 224.00 | 170.00 | 123.00 | 118.00 | 100.00 | 63.00 |
| CFO/OP % | 102.00 | 104.00 | 104.00 | 114.00 | 106.00 | 115.00 | 110.00 | 110.00 | 110.00 | 102.00 | 103.00 | 97.00 |
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 | 18.00 | 16.00 | 15.00 | 13.00 | 13.00 | 16.00 | 14.00 | 17.00 | 14.00 | 17.00 | 17.00 | 17.00 |
| Inventory Days | 29.00 | 26.00 | 28.00 | 22.00 | 32.00 | 38.00 | 70.00 | 40.00 | 44.00 | 33.00 | 31.00 | 37.00 |
| Days Payable | 126.00 | 130.00 | 154.00 | 131.00 | 101.00 | 132.00 | 143.00 | 110.00 | 104.00 | 97.00 | 88.00 | 89.00 |
| Cash Conversion Cycle | -79.00 | -88.00 | -111.00 | -96.00 | -55.00 | -79.00 | -59.00 | -54.00 | -45.00 | -47.00 | -41.00 | -35.00 |
| Working Capital Days | -25.00 | -28.00 | -46.00 | -61.00 | -57.00 | -25.00 | -16.00 | 1.00 | 18.00 | 15.00 | 28.00 | -10.00 |
| ROCE % | 29.00 | 30.00 | 26.00 | 22.00 | 32.00 | 35.00 | 33.00 | 34.00 | 38.00 | 44.00 | 48.00 | 51.00 |
Corporate Actions
28 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 30 Jul 2026 | 30 Jul 2026 | — | 5.00 | |
| Dividend | 25 Jun 2026 | 26 Jun 2026 | — | 4.00 | |
| Dividend | 05 Feb 2026 | 05 Feb 2026 | — | 3.50 | |
| Bonus | 19 Dec 2025 | 19 Dec 2025 | 1:1 | — | |
| Dividend | 07 Nov 2025 | 07 Nov 2025 | — | 7.00 | |
| Dividend | 06 Aug 2025 | 06 Aug 2025 | — | 6.00 | |
| Dividend | 06 Jun 2025 | 06 Jun 2025 | — | 6.00 | |
| Dividend | 05 Feb 2025 | 05 Feb 2025 | — | 6.00 | |
| Dividend | 05 Nov 2024 | 05 Nov 2024 | — | 6.00 | |
| Dividend | 20 Aug 2024 | 20 Aug 2024 | — | 6.00 | |
| Dividend | 10 Jun 2024 | 10 Jun 2024 | — | 6.00 | |
| Dividend | 13 Feb 2024 | 13 Feb 2024 | — | 12.00 | |
| Dividend | 11 Aug 2023 | 11 Aug 2023 | — | 6.00 | |
| Dividend | 05 Aug 2022 | 09 Aug 2022 | — | 6.00 | |
| Dividend | 22 Jun 2022 | 23 Jun 2022 | — | 6.00 | |
| Dividend | 18 Aug 2021 | 22 Aug 2021 | — | 6.00 | |
| Dividend | 20 Jul 2021 | 22 Jul 2021 | — | 8.00 | |
| Dividend | 09 Feb 2021 | 10 Feb 2021 | — | 6.00 | |
| Dividend | 18 Nov 2020 | 19 Nov 2020 | — | 6.00 | |
| Dividend | 05 Mar 2020 | 06 Mar 2020 | — | 6.00 | |
| Dividend | 20 Nov 2019 | 21 Nov 2019 | — | 6.00 | |
| Dividend | 02 Aug 2019 | — | — | 3.50 | |
| Dividend | 19 Nov 2018 | 20 Nov 2018 | — | 2.50 | |
| Dividend | 03 Aug 2018 | — | — | 3.00 | |
| Dividend | 20 Nov 2017 | 21 Nov 2017 | — | 1.50 | |
| Dividend | 12 Jul 2017 | — | — | 1.70 | |
| Dividend | 13 Feb 2017 | 14 Feb 2017 | — | 1.30 | |
| Dividend | 20 Jul 2016 | — | — | 2.45 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update1 Apr from care
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Rating update22 Apr 2025 from care
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Rating update17 Mar 2025 from care
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Rating update14 Feb 2024 from care
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Rating update8 May 2023 from crisil
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Rating update10 Jan 2023 from care
Conference Calls
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