Dr. Lal Pathlabs Limited

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November 8, 2019

The National Stock Exchange of India Limited Exchange Plaza Sandra Kurla Complex, Sandra (E) Mumbai - 400051

The Bombay Stock Exchange Limited 15th Floor, Phiroze Jeejeeboy Towers Dalal Street, Mumbai - 400001

Subject: Press Release for Unaudited Financial Results (Standalone and Consolidated) for the Quarter & Half Year ended September 30, 2019

Dear Sir/Madam,

Please find enclosed herewith the Press Release for the Unaudited Financial Results (Standalone and Consolidated) for the Quarter & Half Year ended September 30, 2019.

You are requested to take note of the above.

Thanking You,

Yours Faithfully,

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Company Secretary and LegarHead

Encl: As above

Regd. Office: Dr. Lal F"lhlabs Ltd, Bl .. ·'< E, 5ector-18, R,.,t,i,;i, �Jew Delhi· I! �,0,,5, +91-11-302�8600. Fa><: +9 I-; 1-27&1 2134 Corporate Office: Dr. Lal P"l.hlabs Ltd .• 12th Flu• •r. Tower B. �AS Tower, M,..1,,·,ry, Se.:tor-38. Gurugram - 122 00 I, Haryana +91-124-30 I 6-500. Fax: +91-124-4234-'KS E .. mail: ialpathl��•"i:i'lalpathlat•s cnm, Web: ·:1WW lalpathlab;.com, CJN No.: l7�c:•;·JDLI 99!;PLC065:?'l8

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For Immediate Release November 8, 2019
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Dr. Lal PathLabs Limited records revenue growth of 15.1% to Rs 365.6 Cr in Q2 FY20

New Delhi, India, Nov 8, 2019 – Dr. Lal PathLabs Limited (referred to as the “Company”; NSE: LALPATHLAB, BSE: 539524), a leading diagnostic and related healthcare service provider announces their financial results for the quarter ended September 30, 2019

Consolidated Performance Highlights: Q2 FY20 vs Q2 FY19 Revenue growth: 15.1% at Rs 365.6 Cr, Normalised EBITDA (excluding Ind AS 116) at Rs 104.7 Cr, Normalised EBITDA margins (excluding Ind AS 116) at 28.6%, PBT at Rs 102.3 Cr with margin at 28% and PAT at Rs 81.0 Cr with margin at 22.2%

Operating Revenue increased by 15.1% in Q2 FY 20 to Rs. 365.6 Cr vs Rs 317.5 Cr in the previous year same quarter. Underlying patient volume growth is 12.1% during the quarter
Normalised EBITDA (after adjustment for stock based compensation, CSR cost & impact of Ind AS 116) for Q2 FY20 grew 15.7 % to Rs. 104.7 Cr from Rs 90.5 Cr in the same quarter last year
Normalised EBITDA Margin ex Ind AS 116 at 28.6% for Q2 FY20
PBT is at Rs 102.3 Cr in Q2 FY20 vs Rs 88.1 Cr. in Q2 last year, a growth of 16.1%
Profit after Tax in Q2 FY20 at Rs. 81.0 Cr as compared to Rs 57.3 Cr in Q2 last year, a growth of 41.4%
Interim Dividend of 60% i.e. Rs 6 per share has been approved by the Board of Directors of the company

Financial Overview (Consolidated) in Rs Cr

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Gr % Gr % Gr % Gr %
Q2 FY20 Q2 FY20 Q2 FY19 (With (W/O FH FY20 FH FY20 FH FY19 (With (W/O
Particulars (With IND-AS (W/O IND-AS (W/O IND-AS IND-AS IND-AS (With IND-AS (W/O IND-AS (W/O IND-AS IND-AS IND-AS
116) 116) 116) 116) 116) 116)
116 116) 116 116)
Revenue 365.6 365.6 317.5 15.1% 15.1% 700.8 700.8 609.8 14.9% 14.9%
Expenditure 256.7 265.5 230.7 496.8 513.8 448.0
EBITDA 108.9 100.1 86.8 25.5% 15.3% 204.0 187.0 161.8 26.1% 15.6%
Adj for Stock based comp. &
4.6 4.6 3.7 8.5 8.5 8.0
CSR cost
Normalised EBITDA 113.5 104.7 90.5 25.4% 15.7% 212.5 195.5 169.8 25.1% 15.1%
Normalised Margins 31.0% 28.6% 28.5% 30.3% 27.9% 27.8%
Other income incl. interest 14.8 14.8 10.9 29.2 29.2 20.3
PBT 102.3 104.6 88.1 16.1% 18.7% 191.7 196.5 163.5 17.2% 20.2%
Margins 28.0% 28.6% 27.7% 27.4% 28.0% 26.8%
PAT 81.0 82.9 57.3 41.4% 44.7% 140.1 143.6 107.0 30.9% 34.2%
Margins 22.2% 22.7% 18.0% 20.0% 20.5% 17.5%
EPS (Basic) 9.77 6.91 41.4% 16.91 12.91 30.9%
EPS (Diluted) 9.75 6.90 41.3% 16.86 12.89 30.8%
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Dr. Lal Pathlabs Limited 12[th] Floor, Tower-B, SAS Tower, Sector-38, Medicity, Gurgaon 122001, Phone: +91 124 3016500, website: www.lalpathlabs.com

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About Dr. Lal PathLabs Limited

Dr. Lal PathLabs is a provider of diagnostic and related healthcare tests and services in India. Through its integrated, nationwide network, the company offer patients and healthcare providers a broad range of diagnostic and related healthcare tests and services for use in core testing, patient diagnosis and the prevention, monitoring and treatment of disease and other health conditions.

As on March 31, 2019 the company has 200 clinical laboratories (including National Reference Lab at Delhi & Regional Reference Lab at Kolkata), 2,569 Patient Service Centers (PSCs) and 6,426 Pickup Points (PUPs). It’s customers include individual patients, hospitals and other healthcare providers and corporate customers.

Contact Details

Ved Prakash Goel Chief Financial Officer Dr. Lal PathLabs Limited Mittali Bharti Adfactors PR

+91 124 3016500 [email protected]

+91 9871154558 [email protected]

For further information on Dr. Lal PathLabs see www.lalpathlabs.com

Safe Harbour

This release contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Dr. Lal PathLabs future business developments and economic performance. While these forward looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Dr. Lal PathLabs undertakes no obligation to publicly revise any forward looking statements to reflect future / likely events or circumstances.

12[th] Floor, Tower-B, SAS Tower, Sector-38, Medicity, Gurgaon 122001, Phone: +91 124 3016500, website: www.lalpathlabs.com

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