Dr. Lal Path Labs Ltd. (LALPATHLAB) - Net Assets
Based on the latest financial reports, Dr. Lal Path Labs Ltd. (LALPATHLAB) has net assets worth Rs24.22 Billion INR (≈ $261.94 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs29.59 Billion ≈ $320.03 Million USD) and total liabilities (Rs5.37 Billion ≈ $58.09 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Dr. Lal Path Labs Ltd. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs24.22 Billion |
| % of Total Assets | 81.85% |
| Annual Growth Rate | 25.33% |
| 5-Year Change | 72.92% |
| 10-Year Change | 333.07% |
| Growth Volatility | 12.94 |
Dr. Lal Path Labs Ltd. - Net Assets Trend (2011–2025)
This chart illustrates how Dr. Lal Path Labs Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Dr. Lal Path Labs Ltd. asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Dr. Lal Path Labs Ltd. (2011–2025)
The table below shows the annual net assets of Dr. Lal Path Labs Ltd. from 2011 to 2025. For live valuation and market cap data, see Dr. Lal Path Labs Ltd. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs22.07 Billion ≈ $238.62 Million |
+17.03% |
| 2024-03-31 | Rs18.85 Billion ≈ $203.89 Million |
+10.94% |
| 2023-03-31 | Rs17.00 Billion ≈ $183.79 Million |
+10.10% |
| 2022-03-31 | Rs15.44 Billion ≈ $166.93 Million |
+20.97% |
| 2021-03-31 | Rs12.76 Billion ≈ $138.00 Million |
+21.06% |
| 2020-03-31 | Rs10.54 Billion ≈ $113.99 Million |
+10.84% |
| 2019-03-31 | Rs9.51 Billion ≈ $102.84 Million |
+19.62% |
| 2018-03-31 | Rs7.95 Billion ≈ $85.97 Million |
+20.05% |
| 2017-03-31 | Rs6.62 Billion ≈ $71.61 Million |
+29.97% |
| 2016-03-31 | Rs5.10 Billion ≈ $55.10 Million |
+48.38% |
| 2015-03-31 | Rs3.43 Billion ≈ $37.14 Million |
+47.16% |
| 2014-03-31 | Rs2.33 Billion ≈ $25.23 Million |
+42.56% |
| 2013-03-31 | Rs1.64 Billion ≈ $17.70 Million |
+39.80% |
| 2012-03-31 | Rs1.17 Billion ≈ $12.66 Million |
+25.22% |
| 2011-03-31 | Rs934.94 Million ≈ $10.11 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Dr. Lal Path Labs Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3884.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs18.60 Billion | 85.61% |
| Common Stock | Rs836.00 Million | 3.85% |
| Other Comprehensive Income | Rs1.24 Billion | 5.70% |
| Other Components | Rs1.05 Billion | 4.85% |
| Total Equity | Rs21.73 Billion | 100.00% |
Dr. Lal Path Labs Ltd. Competitors by Market Cap
The table below lists competitors of Dr. Lal Path Labs Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bel Fuse B Inc
NASDAQ:BELFB
|
$2.47 Billion |
|
Data Patterns (India) Limited
NSE:DATAPATTNS
|
$2.47 Billion |
|
Ideaya Biosciences Inc
NASDAQ:IDYA
|
$2.47 Billion |
|
Zhejiang Publishing & Media Co Ltd
SHG:601921
|
$2.47 Billion |
|
ABM Industries Incorporated
NYSE:ABM
|
$2.47 Billion |
|
Zhejiang XinAn Chemical Industrial Group Co Ltd
SHG:600596
|
$2.47 Billion |
|
Jiangsu Changling Hydraulic Co. Ltd
SHG:605389
|
$2.47 Billion |
|
La Comer S.A.B. de C.V
MX:LACOMERUBC
|
$2.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dr. Lal Path Labs Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,492,830,000 to 21,727,000,000, a change of 3,234,170,000 (17.5%).
- Net income of 4,871,380,000 contributed positively to equity growth.
- Dividend payments of 2,073,000,000 reduced retained earnings.
- Share repurchases of 127,040,000 reduced equity.
- New share issuances of 127,000,000 increased equity.
- Other comprehensive income decreased equity by 429,260,000.
- Other factors increased equity by 865,090,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.87 Billion | +22.42% |
| Dividends Paid | Rs2.07 Billion | -9.54% |
| Share Repurchases | Rs127.04 Million | -0.58% |
| Share Issuances | Rs127.00 Million | +0.58% |
| Other Comprehensive Income | Rs-429.26 Million | -1.98% |
| Other Changes | Rs865.09 Million | +3.98% |
| Total Change | Rs- | 17.49% |
Book Value vs Market Value Analysis
This analysis compares Dr. Lal Path Labs Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.50x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 243.41x to 10.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | Rs5.62 | Rs1367.20 | x |
| 2012-03-31 | Rs7.02 | Rs1367.20 | x |
| 2013-03-31 | Rs9.98 | Rs1367.20 | x |
| 2014-03-31 | Rs14.09 | Rs1367.20 | x |
| 2015-03-31 | Rs20.77 | Rs1367.20 | x |
| 2016-03-31 | Rs30.61 | Rs1367.20 | x |
| 2017-03-31 | Rs80.89 | Rs1367.20 | x |
| 2018-03-31 | Rs96.47 | Rs1367.20 | x |
| 2019-03-31 | Rs114.63 | Rs1367.20 | x |
| 2020-03-31 | Rs62.56 | Rs1367.20 | x |
| 2021-03-31 | Rs150.48 | Rs1367.20 | x |
| 2022-03-31 | Rs181.82 | Rs1367.20 | x |
| 2023-03-31 | Rs200.46 | Rs1367.20 | x |
| 2024-03-31 | Rs111.09 | Rs1367.20 | x |
| 2025-03-31 | Rs130.23 | Rs1367.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dr. Lal Path Labs Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.79%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.25x
- Recent ROE (22.42%) is below the historical average (25.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 31.37% | 12.27% | 1.40x | 1.83x | Rs198.36 Million |
| 2012 | 38.56% | 13.07% | 1.93x | 1.53x | Rs331.17 Million |
| 2013 | 32.17% | 11.54% | 1.68x | 1.66x | Rs359.23 Million |
| 2014 | 41.33% | 14.51% | 1.88x | 1.52x | Rs725.34 Million |
| 2015 | 28.05% | 14.51% | 1.39x | 1.39x | Rs615.75 Million |
| 2016 | 26.09% | 16.71% | 1.27x | 1.23x | Rs815.28 Million |
| 2017 | 23.43% | 16.94% | 1.19x | 1.16x | Rs886.08 Million |
| 2018 | 21.58% | 16.15% | 1.15x | 1.16x | Rs916.14 Million |
| 2019 | 21.07% | 16.55% | 1.10x | 1.15x | Rs1.05 Billion |
| 2020 | 21.88% | 16.98% | 0.97x | 1.33x | Rs1.23 Billion |
| 2021 | 23.42% | 18.44% | 0.95x | 1.33x | Rs1.67 Billion |
| 2022 | 22.87% | 16.52% | 0.89x | 1.56x | Rs1.94 Billion |
| 2023 | 14.33% | 11.84% | 0.85x | 1.43x | Rs722.18 Million |
| 2024 | 19.34% | 16.07% | 0.91x | 1.33x | Rs1.73 Billion |
| 2025 | 22.42% | 19.79% | 0.91x | 1.25x | Rs2.70 Billion |
Industry Comparison
This section compares Dr. Lal Path Labs Ltd.'s net assets metrics with peer companies in the Diagnostics & Research industry.
Industry Context
- Industry: Diagnostics & Research
- Average net assets among peers: $4,294,093,728
- Average return on equity (ROE) among peers: 10.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dr. Lal Path Labs Ltd. (LALPATHLAB) | Rs24.22 Billion | 31.37% | 0.22x | $2.47 Billion |
| Krsnaa Diagnostics Limited (KRSNAA) | $-228.96 Million | 0.00% | 0.00x | $206.54 Million |
| Metropolis Healthcare Limited (METROPOLIS) | $13.35 Billion | 10.86% | 0.40x | $267.10 Million |
| Syngene International Limited (SYNGENE) | $2.21 Billion | 12.32% | 1.28x | $2.03 Billion |
| Thyrocare Technologies Limited (THYROCARE) | $3.67 Billion | 24.11% | 0.28x | $689.03 Million |
| Vijaya Diagnostic Centre Limited (VIJAYA) | $5.47 Billion | 15.48% | 0.56x | $1.26 Billion |
| Vimta Labs Limited (VIMTALABS) | $1.31 Billion | 2.03% | 0.39x | $220.67 Million |
About Dr. Lal Path Labs Ltd.
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 phlebotomi… Read more