Dr. Lal PathLabs Full Year 2024 Earnings: In Line With Expectations

Dr. Lal PathLabs (NSE:LALPATHLAB) Full Year 2024 Results

Key Financial Results

• Revenue: ₹5.64b (down 72% from FY 2023).
• Net income: ₹845.0m (down 65% from FY 2023).
• Profit margin: 15% (up from 12% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: ₹10.13 (down from ₹28.82 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dr. Lal PathLabs Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Healthcare industry in India.

Performance of the Indian Healthcare industry.

The company's shares are up 1.3% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Dr. Lal PathLabs that you need to be mindful of.

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