Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹6 Cr.
Stock P/E
14.3
P/B
0.4
Current Price
₹6.9
Book Value
₹ 16.5
Face Value
10
52W High
₹18
52W Low
₹ 6
Dividend Yield
0%

Dr Lalchandani Labs Overview

Business

Dr Lalchandani Labs Ltd. operates in the Hospital & Healthcare Services sector, primarily focusing on diagnostic laboratory services. The company's core business involves providing a comprehensive range of pathology and potentially radiology tests to individuals, doctors, and hospitals. Its business model relies on collecting samples, conducting various medical tests (e.g., blood tests, urine tests, specialized genetic tests, imaging), and delivering accurate reports. The company makes money by charging fees for each diagnostic test or package of tests performed. This could include direct patient walk-ins, doctor referrals, corporate tie-ups for health check-ups, and potentially partnerships with smaller clinics or hospitals.

Revenue Mix

While specific revenue mix data is not publicly available here, for a company named "Dr Lalchandani Labs Ltd." operating in this sector, the primary segments would typically be:

Pathology Services: This includes a wide array of blood tests, urine tests, microbiology, immunology, clinical biochemistry, histopathology, cytology, and advanced molecular diagnostics.

Radiology/Imaging Services: Depending on the scale and infrastructure, this might include X-rays, Ultrasounds, CT Scans, MRI scans, etc.

Without specific financial reports, the exact contribution from each segment is not ascertainable, but pathology services are generally the largest revenue driver for diagnostic chains.

Industry

The Indian diagnostic industry is a rapidly growing but highly fragmented market. It comprises large national chains (e.g., Dr Lal PathLabs, SRL Diagnostics, Metropolis Healthcare), regional players, hospital-based labs, and numerous standalone local labs. Dr Lalchandani Labs Ltd. is likely positioned as a regional or local player, competing based on factors such as local brand recognition, price competitiveness, speed of service, network of collection centers within its operational geography, and doctor relationships. Its competitive strategy would involve carving out market share against both larger established players and smaller independent labs.

MOAT

For a diagnostic lab, potential competitive advantages (moats) can include:

Local Brand & Trust: A strong reputation for accuracy, reliability, and service quality within its operational areas, built over time with patients and referring physicians.

Network Effect (limited): An extensive network of collection centers and labs in specific geographies can provide convenience and reach.

Economies of Scale (partial): As it grows, the company might achieve better pricing for reagents and equipment, and optimize operational efficiencies across its lab network.

Doctor Relationships: Long-standing relationships and trust with local medical practitioners can ensure a steady stream of referrals.

Technological Niche: Investment in specialized or advanced testing capabilities that are not widely available.

Without specific details, DLCL's moat would likely stem from its local brand reputation, customer service, and an efficient collection/reporting system within its primary operating regions.

Growth Drivers

Rising Healthcare Awareness: Increasing emphasis on preventive health check-ups and early disease detection among the Indian population.

Growing Prevalence of Chronic Diseases: An aging population and lifestyle changes contribute to a higher incidence of chronic illnesses requiring regular diagnostics.

Increasing Disposable Income: Allowing more individuals to opt for better healthcare and diagnostic services.

Expansion of Network: Opening new collection centers and diagnostic labs in underserved or high-potential geographies.

Advanced Testing: Introduction of new, specialized, and high-margin diagnostic tests (e.g., molecular diagnostics, genetic testing).

Digital Integration: Leveraging technology for online bookings, home sample collection, digital reports, and patient engagement platforms.

Government Healthcare Initiatives: Programs aimed at improving access to healthcare can indirectly boost diagnostic volumes.

Risks

Intense Competition: High fragmentation leads to price wars and pressure on margins from both national chains and local labs.

Regulatory Changes: Potential for price caps on diagnostic tests, stricter quality control standards, or changes in accreditation requirements.

Technology Obsolescence: Need for continuous capital expenditure to upgrade equipment and adopt new testing methodologies.

Talent Retention: Difficulty in attracting and retaining skilled pathologists, technicians, and other specialized personnel.

Quality Control & Reputation Risk: Any error in diagnosis can severely damage brand trust and lead to legal repercussions.

Economic Slowdown: Healthcare spending, especially for preventive or non-urgent tests, can be impacted by economic downturns.

Data Security: Risk of data breaches given the sensitive nature of patient health information.

Management & Ownership

Given the name "Dr Lalchandani Labs Ltd.," it is highly probable that the company was founded and is largely managed by the Lalchandani family (promoters) who likely hold a significant ownership stake. This is a common structure for many Indian companies, especially those that have grown from a professional practice. Management quality would be assessed on their strategic vision for expansion, operational efficiency, ability to attract professional talent, and adherence to quality standards in a competitive environment. The ownership structure would likely reflect a dominant promoter holding, with the remaining shares held by public shareholders.

Outlook

Dr Lalchandani Labs Ltd. operates in an attractive market driven by strong demographic and health expenditure tailwinds in India. The increasing focus on preventive healthcare and early diagnosis presents significant growth opportunities for diagnostic players. The company's ability to capitalize on these trends will depend on its strategic execution, particularly its capacity for network expansion, adoption of advanced technologies, and maintaining service quality and trust.

However, the sector is also characterized by intense competition and potential regulatory interventions on pricing. To succeed, DLCL will need to effectively differentiate itself, possibly through a strong regional presence, competitive pricing, or specialized offerings, while navigating the pressures from larger, well-funded national chains. Its long-term success hinges on balancing aggressive growth with maintaining profitability and operational excellence in a dynamic and challenging healthcare landscape.

Dr Lalchandani Labs Share Price

Live · BSE · Inception: 2011
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Dr Lalchandani Labs Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Dr Lalchandani Labs Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 3 5 6 10 11 5 5 4
Other Income 0 0 0 0 0 0 0 0
Total Income 3 5 6 10 11 5 5 4
Total Expenditure 2 4 5 8 9 5 5 4
Operating Profit 1 1 1 2 2 0 0 1
Interest 0 0 0 0 1 1 0 0
Depreciation 0 0 0 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 1 0
Profit Before Tax 0 1 1 1 1 -2 1 0
Provision for Tax 0 0 0 0 0 0 0 -0
Profit After Tax 0 1 0 1 1 -2 1 0
Adjustments 0 0 0 0 0 0 0 0
Profit After Adjustments 0 1 0 1 1 -2 1 0
Adjusted Earnings Per Share 0.7 0.9 0.8 1.7 1.6 -2.7 1.1 0.7

Dr Lalchandani Labs Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3 8 9 10 10 9 10 10
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 1 1 1 3 3 3 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0
Total Current Liabilities 2 1 2 3 5 5 5 6
Total Liabilities 6 10 12 15 18 18 15 16
Fixed Assets 2 3 3 5 6 5 4 4
Other Non-Current Assets 0 1 1 1 1 1 2 1
Total Current Assets 4 6 8 9 11 11 9 11
Total Assets 6 10 12 15 18 18 15 16

Dr Lalchandani Labs Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 2 2 3 4 3 2
Cash Flow from Operating Activities 1 -0 -0 1 2 0 -0 0
Cash Flow from Investing Activities -1 -2 -1 -2 -2 -0 1 0
Cash Flow from Financing Activities 2 4 1 2 0 -0 -2 1
Net Cash Inflow / Outflow 1 1 0 1 1 -0 -1 1
Closing Cash & Cash Equivalent 1 2 2 3 4 3 2 3

Dr Lalchandani Labs Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.66 0.91 0.81 1.73 1.59 -2.67 1.05 0.71
CEPS(Rs) 0.99 1.51 1.53 2.6 2.59 -1.54 2.12 1.67
DPS(Rs) 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 8.15 12.96 13.96 15.88 17.67 15.2 16.25 16.96
Core EBITDA Margin(%) 22.11 22.78 20.79 22.98 21.91 1.77 3.25 20.73
EBIT Margin(%) 18.44 16.26 13.86 17.71 16.71 -11.28 20.81 10.95
Pre Tax Margin(%) 12.73 13.67 10.83 14.08 11.41 -31.01 12.84 9.03
PAT Margin (%) 9.42 10.14 7.77 10.34 8.27 -31.01 12.84 9.37
Cash Profit Margin (%) 14.11 16.77 14.7 15.61 13.49 -17.85 25.82 22.04
ROA(%) 4.23 6.53 4.3 7.46 5.6 -8.72 3.78 2.71
ROE(%) 8.11 9.85 6.01 11.56 9.49 -16.23 6.7 4.29
ROCE(%) 10.06 12.57 9.17 14.88 13.07 -3.69 7.07 3.61
Receivable days 149.45 102.96 154.12 136.38 132.62 332.44 366.94 408.23
Inventory Days 35.53 23.01 26.58 21.91 36.13 111.46 112.22 111.84
Payable days 400.13 411.81 287.38 105.53 146.8 416.11 227.85 416.84
PER(x) 0 15.84 7.41 5.96 15.32 0 11.02 10.61
Price/Book(x) 0 1.11 0.43 0.65 1.38 1.38 0.71 0.45
Dividend Yield(%) 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.4 1.39 0.49 0.73 1.41 3.1 1.66 1.17
EV/Core EBITDA(x) 6.05 6.09 2.38 3.19 6.44 165.56 18.37 5.58
Net Sales Growth(%) 0 88.81 16.02 60.23 15.32 -55.31 -4.58 -7.4
EBIT Growth(%) 0 66.43 -1.12 104.81 8.8 -130.17 276.02 -51.29
PAT Growth(%) 0 103.32 -11.11 113.25 -7.71 -267.45 139.51 -32.44
EPS Growth(%) 0 37.62 -11.11 113.24 -7.71 -267.45 139.51 -32.44
Debt/Equity(x) 0.58 0.12 0.21 0.43 0.5 0.72 0.37 0.41
Current Ratio(x) 2.38 4.11 4.07 2.98 2.22 2.07 1.88 1.92
Quick Ratio(x) 2.21 3.83 3.8 2.75 1.9 1.79 1.6 1.69
Interest Cover(x) 3.23 6.27 4.57 4.88 3.15 -0.57 2.61 5.71
Total Debt/Mcap(x) 0 0.11 0.5 0.67 0.36 0.52 0.51 0.92

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -20% -29% -8% —
Operating Profit CAGR — -21% 0% —
PAT CAGR -100% -100% — —
Share Price CAGR -59% -31% -18% —
ROE Average +4% -2% +3% +5%
ROCE Average +4% +2% +7% +8%

Dr Lalchandani Labs Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 32.9 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 67.1 %
# Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 60.7860.7860.7860.7860.7857.1848.3231.1532.932.9
FII 0000000000
DII 0000000000
Public 39.2239.2239.2239.2239.2242.8251.6868.8567.167.1
Others 0000000000
Total 100100100100100100100100100100

Dr Lalchandani Labs Peer Comparison

Hospital & Healthcare Services Edit Columns

Dr Lalchandani Labs Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Dr Lalchandani Labs Pros & Cons

Pros

  • Stock is trading at 0.4 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 32.9%.
  • Company has a low return on equity of -2% over the last 3 years.
  • Debtor days have increased from 227.85 to 416.84days.
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