Dr. Lal Path Labs logo

Dr. Lal Path Labs share price

NSE: LALPATHLABBSE: 539524Healthcare ServicesSmall Cap

Last close ₹1,838.20down ₹5.50 (0.30%)BSE ₹1,845.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,843.70.

52-week range of traded prices to 23 Oct 2026
₹1,272.60Low, 23 Mar 2026₹2,038.60High, 16 Sep 2026
Market cap
₹30,854 Cr309th largest listed
P/E
56.9
P/B
12.3
Dividend yield
0.87%
ROE
23.2%
ROCE
26.2%
Debt to equity
0.00
Volume, NSE
1,19,25056.6% delivered

Share price

Daily closes since Dec 2015, adjusted for splits and bonuses

+19.7%over a year

ResultsDividendSplit, bonus, rights or demerger20-session average 2,85,298 shares a day, 56.7% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 24 Jul

Revenue
₹798 Crup 13.52%
Net profit
₹171 Crup 28.97%
Net margin
21.4%

Revenue by year

Peak revenue ₹2,763 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 24 OctDec 2024Filed 30 JanMar 2025Filed 10 JunJun 2025Filed 31 JulSep 2025Filed 31 OctDec 2025Filed 30 JanMar 2026Filed 30 AprJun 2026Filed 24 Jul
Revenue660597603670731660703798
Net profit1319815613415291132171
Net margin19.8%16.4%25.8%20.0%20.8%13.9%18.8%21.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 51% of 2,464 trading days since Nov 2016.

LowestHighest
Its median56.4Industry median19.2
Price to book

At or below today's level on 51% of 1,973 trading days since Nov 2018.

LowestHighest
Its median12.2Industry median1.5
EV to EBITDA35.7

At or below today's level on 46% of 1,973 trading days since Nov 2018.

LowestHighest
Its median36.4Industry median14.8
Dividend yield

At or below today's level on 88% of 2,476 trading days over the last 10 years.

LowestHighest
Its median0.55%Industry median0.38%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+6.9%+3.4%+2.4%1.1%
3 years+13.8%+28.0%−11.9%1.0%
5 years+0.2%+11.4%−10.8%0.8%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters52.93%
  • Foreign institutions18.73%
  • Indian institutions21.58%
  • Individuals and others6.35%
  • Employee trusts0.41%
Holder
Arvind LalPromoter29.91%
Vandana LalPromoter19.16%
SMALLCAP WORLD FUND, INCForeign portfolio investors, category I2.60%
Anjaneya LalPromoter2.01%
Archana Lal ErdmannPromoter1.84%
Life Insurance Corporation of IndiaInsurance companies1.47%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

158 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 59 of the 80 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
3
Bought again
1
Added
37
Cut
43
Held unchanged
73
Sold out
3
Fund
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund41,78,4510.76%₹830.3 Cr
UTI Mutual Fund logoUTI Flexi Cap FundUTI Mutual Fund25,15,8292.22%₹499.9 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund23,50,0001.67%₹466.9 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund13,00,0000.64%₹258.3 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund12,90,9700.32%₹256.5 Cr
Sundaram Mutual Fund logoSundaram Mid Cap FundSundaram Mutual Fund11,75,0001.69%₹233.5 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund11,46,4840.42%₹227.8 Cr
HDFC Mutual Fund logoHDFC ELSS - Tax Saver FundHDFC Mutual Fund11,40,0001.52%₹226.5 Cr
Nippon India Mutual Fund logoNippon India Pharma FundNippon India Mutual Fund10,00,5782.17%₹198.8 Cr
HDFC Mutual Fund logoHDFC Retirement Fund - EquityHDFC Mutual Fund7,00,0002.09%₹139.1 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Healthcare Service Provider, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Dr. Lal Path Labs in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Vijaya Diagnostic Centre logoVijaya Diagnostic CentreVIJAYA14,31176.315.039.4+20.2%+24.9%21.4%27.8%0.14%
Metropolis Healthcare logoMetropolis HealthcareMETROPOLIS10,84953.87.225.6+21.8%+32.6%14.2%18.6%0.38%
Thyrocare Technologies logoThyrocare TechnologiesTHYROCARE7,37241.812.625.9+21.1%+65.7%31.1%37.9%2.02%
Nephrocare Health Services logoNephrocare Health ServicesNEPHROPLUS5,998–5.4–––––0.00%
Krsnaa Diagnostics logoKrsnaa DiagnosticsKRSNAA1,61716.61.68.2+10.2%+21.5%10.5%8.0%0.40%
Suraksha Diagnostic logoSuraksha DiagnosticSURAKSHA1,55943.66.415.0+23.3%+8.1%15.7%24.0%0.17%
3B Blackbio Dx logo3B Blackbio Dx3BBLACKBIO1,14520.63.519.6+54.3%+13.2%18.7%14.1%0.37%
Health X Platform logoHealth X PlatformHEALTHX849–1.3–+28.8%–−3.1%−9.4%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹14.00 a share, year to Mar 2026.
Ex-dateTypePer share
30 Jul 2026Interim₹5.00
25 Jun 2026Final₹4.00
5 Feb 2026Interim₹3.50
7 Nov 2025Interim₹7.00
6 Aug 2025Interim₹6.00
6 Jun 2025Final₹6.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Dr. Lal Path Labs share price by year

Each calendar year to 2025.Dr. Lal Path Labs share price history

YearClose at year endChangeHighest closeLowest close
20251,482.60−1.2%1,736.751,155.23
20241,500.20+16.4%1,802.781,005.53
20231,288.85+14.0%1,371.53889.93
20221,130.23−40.9%1,930.65917.98
20211,911.13+65.8%2,104.301,117.45
20201,152.63+54.3%1,161.33625.98
2019746.98+64.1%838.05456.53
2018455.15+3.3%539.48403.55
2017440.65−17.7%559.63368.68
2016535.48+33.1%623.98360.18
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,839.001,854.601,801.201,838.201,832.331,19,25056.6%
22 Oct 20261,835.001,857.601,824.101,843.701,838.103,49,76870.2%
21 Oct 20261,843.701,873.101,819.901,836.101,850.862,91,32275.7%
19 Oct 20261,856.001,876.101,828.401,843.701,843.141,90,46963.3%
16 Oct 20261,880.001,907.901,851.901,859.901,871.662,45,04766.1%
15 Oct 20261,934.001,936.801,856.801,885.101,884.832,18,44859.6%
14 Oct 20261,910.601,942.001,887.101,938.001,913.472,23,89151.7%
13 Oct 20261,969.701,988.701,893.001,910.601,923.8695,92448.7%
12 Oct 20261,933.002,002.501,930.001,969.701,975.601,91,54553.9%
9 Oct 20261,898.901,942.801,882.801,933.601,914.831,67,90559.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
19 Dec 2025Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Dr. Lal Path Labs

Dr. Lal PathLabs Limited provides diagnostic services in India. Its customers are individual patients, hospitals and other healthcare providers, and corporates. Its catalogue lists 525 test panels, 3,130 pathology tests and 1,173 radiology and cardiology tests as on 31 March 2026.

The company delivers these services through an integrated network of reference laboratories, hub labs, cluster labs, satellite labs, patient service centres and franchisee partnerships. As on 31 March 2026 the network had 312 clinical labs, including the National Reference Lab at Delhi and regional reference labs at Kolkata, Bangalore and Mumbai, along with 7,727 patient service centres and 13,935 pick-up points. In the year to March 2026 it collected and processed about 94.5 million samples from 30.3 million patients. In that year it added 14 laboratories and more than 1,100 collection centres, and its network reaches Tier 3 and Tier 4 markets. Outside India, it opened a laboratory in Nepal and another in Bangladesh.

The business was founded in 1949 by Dr. Major S. K. Lal, and grew from a single pathology laboratory into a national network. It was incorporated in 1995, and its shares are listed on the NSE and BSE. It later acquired Suburban Diagnostics, which added to its presence in Western India. It has also launched Sovaaka, an AI-powered precision health screening platform. Its testing menu includes genomic and molecular diagnostics, supported by next generation sequencing capabilities.

Legal name
Dr. Lal Path Labs Ltd.
NSE symbol
LALPATHLAB
BSE code
539524
ISIN
INE600L01024
Industry
Healthcare Services
Listed
Dec 2015
Face value
₹10
CIN
L74899DL1995PLC065388
Corporate identity number, the registrar of companies' code for it