BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Dr. Lal PathLabs Ltd. Q1 FY22 earnings were higher than our estimates solely driven by additional volumes, due to large number of patients in the second wave.
Business in core portfolio grew 15% YoY given-
all collection centers and labs resumed operations much earlier than expected
high revenue contribution from other regions than Delhi-NCR and
bundled test (unimpacted in lockdown) contributed 10% of revenue.
However, Dr. Lal PathLabs' Q1 FY21 witnessed lower realisation with revenue/patient (excluding-Covid-19 test) of Rs 648 versus Rs 686 QoQ and test/patient of 2.75 versus 2.42.
We remain positive on the entire diagnostic chain on back of-
premium players to gain market share,
B2B to offer more sick-care tests and
elasticity of higher volume at lower realisation level (revenue/patient).
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.