Dr. Lal Pathlabs Limited — Earnings Release 2021

May 21, 2021

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May 21, 2021

The National Stock Exchange of India Limited The Bombay Stock Exchange Limited Exchange Plaza 15[th] Floor, Phiroze Jeejeeboy Towers Bandra Kurla Complex, Bandra (E) Dalal Street, Mumbai - 400051 Mumbai – 400001

Subject: Press Release for Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial Year ended March 31, 2021

Dear Sir/Madam,

Please find enclosed herewith the Press Release for the Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial Year ended March 31, 2021.

Thanking You,

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Encl: As above

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For Immediate Release

May 21, 2021

Dr. Lal PathLabs Limited records revenue of Rs 431.0 Cr in Q4 FY 2020-21

New Delhi, India, May 21, 2021 – 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 March 31, 2021

Consolidated Performance Highlights: Q4 FY 2020-21 vs Q4 FY 2019-20 Revenue: Rs 431.0 Cr, a growth of 42.9% Normalised EBITDA at Rs 129.5 Cr with margin at 30.0% PBT at Rs 110.8 Cr with margin at 25.7%, and PAT Rs 85.1 Cr with margin at 19.7%

• Operating Revenue increased by 42.9% in Q4 FY21 to Rs. 431.0 Cr vs Rs 301.7 Cr in Q4 FY20

• Covid and Allied contributed 11.2% to Revenue in Q4 FY21 with 4.54 lac RTPCR tests

• Normalised EBITDA (after adjustment for stock based compensation & CSR cost) for Q4 FY21 is at Rs. 129.5 Cr Vs Rs 64.2 Cr in the same quarter last year

• PBT is at Rs 110.8 Cr in Q4 FY21 vs Rs 45.4 Cr. in Q4 last year

• Profit after Tax in Q4 FY21 at Rs. 85.1 Cr as compared to Rs 32.6 Cr in Q4 last year

• Final Dividend of Rs.8 per equity share of Rs. 10 each has been approved by the Board

Financial Overview (Consolidated) in Rs Cr

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Particulars Q4 FY21 Q4 FY20 Gr % FY21 FY20 Gr %
Revenue 431.0 301.7 42.9% 1,581.3 1,330.4 18.9%
Expenditure 309.0 244.4 1,145.0 986.8
EBITDA 122.0 57.3 112.9% 436.3 343.6 27.0%
Adj for Stock Based
7.5 6.9 26.3 22.0
Compensation & CSR cost
Normalised EBITDA 129.5 64.2 101.7% 462.6 365.6 26.5%
Normalised Margins 30.0% 21.3% 29.3% 27.5%
Other income 13.5 12.0 51.3 55.0
PBT 110.8 45.4 144.1% 394.4 310.5 27.0%
Margins 25.7% 15.0% 24.9% 23.3%
PAT 85.1 32.6 161.0% 296.5 227.6 30.3%
Margins 19.7% 10.8% 18.8% 17.1%
EPS (Basic) 10.10 3.94 156.3% 35.33 27.42 28.8%
EPS (Diluted) 10.07 3.93 156.2% 35.25 27.37 28.8%
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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, 2021 the company has 231 clinical laboratories (including National Reference Lab at Delhi & Regional Reference Lab at Kolkata), 3,705 Patient Service Centers (PSCs) and 9,247 Pickup Points (PUPs). Its’ customers include individual patients, hospitals and other healthcare providers and corporate customers.

Contact Details

Ved Prakash Goel Chief Financial Officer Dr. Lal PathLabs Limited

+91 124 3016500 cfo@lalpathlabs.com

Mittali Bharti Adfactors PR

+91 9871154558 mittali.bharti@adfactorspr.com

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.

Dr. Lal Pathlabs Limited

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