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Dr. Lal Pathlabs Limited — Investor Presentation 2021
May 24, 2021
61783_rns_2021-05-24_757e78a7-f8e7-45c9-96d6-1dbda1b6b7d9.pdf
Investor Presentation
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May 24, 2021
National Stock Exchange of India Bombay Stock Exchange Limited Limited Exchange Plaza, Corporate Relationship Department Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra Kurla Complex Bandra (E) Dalal Street Mumbai – 400 051. Mumbai- 400001
Subject: Corporate Presentation Q4 & FY 21
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Regulations"), please find attached herewith Corporate Presentation of the Company for Q4 & FY 21, which the Company proposes to share with analysts/investors.
We request you to please take the same on record.
Thanking You,
Yours Faithfully,
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Encl: As above
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Dr. Lal PathLabs Limited (DLPL)
Corporate Presentation May 2021
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Disclaimer
By attending the meeting / telephonic call where this presentation is made, or by reading the presentation materials, you agree to be bound by the following limitations:
The information in this presentation has been prepared by Dr. Lal PathLabs Limited (the “Company”) for use in presentations by the Company at analyst and investor meetings and does not constitute a recommendation regarding the securities of the Company. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information, or opinions contained herein. Neither the Company nor any of its advisors or representatives shall have any responsibility or liability whatsoever (for negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. Neither the Company nor any of its advisors or representatives is under any obligation to update or keep current the information contained herein. The information communicated in this presentation contains certain statements that are or may be forward looking. These statements typically contain words such as "will", "expects" and "anticipates" and words of similar import. By their nature forward looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Any investment in securities issued by the Company will also involve certain risks. There may be additional material risks that are currently not considered to be material or of which the Company and its advisors or representatives are unaware. Against the background of these uncertainties, readers should not unduly rely on these forward looking statements. The Company, its advisors and representatives assume no responsibility to update forward-looking statements or to adapt them to future events or developments.
This presentation has been prepared for informational purposes only. This presentation does not constitute a prospectus under the (Indian) Companies Act, 2013 and will not be registered with any registrar of companies. Furthermore, this presentation is not and should not be construed as an offer or a solicitation of an offer to buy securities for sale in the India. This presentation and the information contained herein does not constitute or form part of any offer for sale or subscription of or solicitation or invitation of any offer to buy or subscribe for any securities of the Company, nor should it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered, sold or delivered within the United States or to U.S. persons absent from registration under or an applicable exemption from the registration requirements of the United States securities laws. This presentation and the information contained herein is being furnished to you solely for your information and may not be reproduced or redistributed to any other person, in whole or in part. In particular, neither the information contained in this presentation nor any copy hereof may be, directly or indirectly, taken or transmitted into or distributed in the U.S., Canada, Australia, Japan or any other jurisdiction which prohibits the same except in compliance with applicable securities laws. Any failure to comply with this restriction may constitute a violation of the United States or other national securities laws. No money, securities or other consideration is being solicited, and, if sent in response to this presentation or the information contained herein, will not be accepted.
By reviewing this presentation, you are deemed to have represented and agreed that you and any person you represent are either (a) a qualified institutional buyer (within the meaning of Regulation 144A under the Securities Act) or (b) not a U.S. person (as defined in Regulation S under the Securities Act) and are outside of the United States and not acting for the account or benefit of a U.S. person.
2
Table of Contents
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Company overview
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Investment highlights
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Q4 FY21 highlights & financial performance
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DLPL strategy for future growth
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4
9
21
34
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DISCLAIMER: This presentation may contain ‘forward-looking’ statements at places. The Company’s business operations remain subject to undetermined contingencies and risks. Dr. Lal PathLabs Limited would not be liable for any action undertaken based on such ‘forward-looking’ statements and does not commit to revising/updating thempublicly.
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3
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Company Overview
Dr. Lal PathLabs at a glance Our Evolution Dr. Lal PathLabs overview Experienced Management team
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Dr. Lal PathLabs – At a Glance
| India’s Leading & Trusted Diagnostics Company |
Largest diagnostics* |
15% 3 Year Revenue CAGR |
22% 3-Year PAT CAGR 200% Equity Dividend for FY 20-21 |
|||||||
| 70+ years of experience | chain in the | |||||||||
| in the field of diagnostics 85.7 Mn patients serviced in last 5 years 30 NABL accredited Labs; National Reference Lab accredited by CAP |
country with PAN India presence and consistent track record of quality and growth |
~86% ROCE Excl. Cash & Investments 231 Labs; Geographically spread out network |
Rs 985.9 Cr. Cash & Investments as on 31st Mar 21 CRISIL AA- /Stable Long Term Rating; Strength of Balance Sheet 5,008 Pathology & Radiology tests; Comprehensive Test menu |
As on March 31, 2021
*Largest on the basis of Revenue and presence
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5
Our Evolution
2010 – 2015
1949 – 2005 2005 – 2010 Foundation Building capabilities for scale up
Strong position in North India, building network in other geographies
2015 onwards
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Higher contribution from Rest of India, Commissioned state of the art Kolkata Reference Lab
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Investment by TA Associates
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1949: Founded by Dr. Major S. K. Lal
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Clinical laboratories expansion in North region
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Higher contribution from Rest of India business & focus on bundled test program “Swasthfit”
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1995: Company incorporated as Dr. Lal PathLabs Private Ltd.
- Growing the business in East region
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2005: onwards: Investment by WestBridge Capital
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2000: Three clinical labs receive NABL[1] accreditation
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Entry into the South and West regions
- Successful commissioning of Regional Reference Lab at Kolkata in 2018
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2008: Acquisition of Paliwal Medicare Private Limited and Paliwal Diagnostics Private Limited
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2001: Received ISO 9001:2008 certification
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Multiple acquisitions to scale network
- Inorganic growth through acquisition of laboratories in Western & Southern India
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2010: National Reference Lab set up in Delhi
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2002: Received ’International Accreditation’ from CAP[2]
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Successful IPO listing in Dec 2015
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NABL: National Accreditation Board for Calibration and Testing Laboratories. 2. CAP: College of American Pathologists.
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6
Dr. Lal PathLabs overview
Established consumer healthcare brand in diagnostic services
Pan-India integrated coverage with 231 clinical labs (including National Reference Lab[1] at Delhi and Regional Ref Lab at Kolkata), 3,705 Patient Service Centers (PSCs) and 9,247 Pick-up Points (PUPs)[2]
Catalogue of 471 test panels, 2,590 pathology tests and 1,947 radiology and cardiology tests[2]
Collected and processed ~15.1 mn samples from ~5.9 mn patients in Q4 FY21; ~49.7 mn samples from ~20.3 mn patients in FY21; ~47.7 mn samples from ~19.4 mn patients in FY20
Customers include individual patients, corporates and institutions, healthcare providers as well as hospital and clinical labs (lab management)
FY21: Revenue: INR 1,581.3 Cr. ; EBITDA: INR 462.6 Cr[3]
(Margin: 29.3% ); PAT: INR 296.5 Cr (Margin: 18.8% ); FY20: Revenue: INR 1,330.4 Cr ; EBITDA : INR 365.6 Cr (Margin: 27.5% ); PAT: INR 227.6 Cr (Margin: 17.1% )
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Total area of 7,253 square meters
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As on March 31, 2021.
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Normalised EBITDA excl ESOP & CSR Cost
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Accreditations
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Routine testing Specialized testing
Bio- Molecular
chemistry diagnostics
Hematology
Flowcytometry
Clinical pathology
Genetics / Cytogenetics
Microbiology
Basic radiology Histopathology
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ISO15189:2007
30 Labs
IS9001:2008
ISO27001:2013
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7
Experienced Management team
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(Hony.) Brig. Dr. ArvindLal Dr. Om Manchanda Dr. Vandana Lal Bharath Uppiliappan Ved Prakash Goel
Executive Chairman Managing Director Whole-time Director Chief Executive Officer Chief Financial Officer
Shankha Banerjee Munender Soperna Rajat Kalra Manoj Garg
Company Secretary and Compliance
Chief Operating Officer Chief Information Officer Chief Human Resources Officer
Officer
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Investment Highlights
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Investment Highlights
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Well-positioned in one of the
Established consumer healthcare
fastest-growing segments of the
brand in diagnostic services
Indian healthcare industry
Attractive operating metrics and Scalable model integrated through
multiple levers in place to drive next centralized IT platform allows for
phase of growth network expansion
Robust financial
performance and return on
invested capital
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Indian Healthcare Services is a large growth opportunity
Public spend
Out of pocket
India’s expected by GOI on FY22 India healthcare
India GDP in FY21 [1] expenses to overall
population in 2022 healthcare in industry size [2]
healthcare spends [4]
FY25 [1]
Total Healthcare Expenditure as % of GDP (2018) [3]
16.9% India, highly
underpenetrated
market
11.2% 11.2% 10.9%
9.2%
8.1%
5.3% 5.0%
3.6%
US Germany France Japan Brazil South Africa Russian Federation China India
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Source: CRISIL Report titled “Assessment of Diagnostics Industry in India”
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Source: GOI, estimated GDP at Current Prices or Nominal GDP. Exchange rate of USD 1 = INR 73.14 2. Source: InvestIndia/GOI
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Source: OECD data
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Source: Economic Survey of India, 2021
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11
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Drivers of the diagnostics services market
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Diagnostic Services Industry Size Growth Drivers
11 ~USD 11 Bn
USD 10 Bn Increase in
Demand
evidence-based
for lifestyle
treatments
diseases-related
services
to grow
2020 2022
Focus on
Screening, early detection, preventive
diseases and
and monitoring reduce wellness
downstream costs
Source: Industry Reports, JP Morgan Research
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Diagnostic Services industry remains highly fragmented
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Highly Fragmented Industry
Large
Standalone Pan-India
Centres, 47% Chains 35-40%
Diagnostic
Chain, 16% Regional
Chains
60-65%
Hospital
Based, 37%
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Largely fragmented and unorganized
Source: Edelweiss Research Report
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Established consumer healthcare brand in Diagnostic Services
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Pillar of a
Strong Brand
Medico Marketing
Doctor
Online
Accreditations from CentreCall Query Handling Registration
CAP, NABL and ISO Offline
Accreditations
Centrally administered
surveillance programs
Online Customer Lab
Coverage in metros, Report Delivery Sample Collection
Tier 1 and Tier 2 cities Nationwide Offline Home
Wide reach through Network
PSCs and PUPs
Retail Marketing Digital Marketing
24x7 access including
online access and Fast Single brand pulls Walk-in customers Diverse and large
account for highest
home collection Turnaround patients customer pool
share of revenues
Dedicated logistics Time
team
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Scalable Model integrated through centralized IT platform allows for network expansion
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Hub and Spoke Model Network Expansion
PSC PSC
No. of
Reference Clinical No. of PSCs No. of PUPs
Lab Laboratories
1
9,247
3,705
231
Clinical Clinical
3,095
Lab Lab 6,995
216 2,569 6,426
PSC PSC
PSC PSC
200
• Centralized diagnostic testing provides
greater economies of scale
• PSCs and PUPs facilitate penetration
FY19 FY20 FY21 FY19 FY20 FY21 FY19 FY20 FY21
within region and expand reach
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- Includes National Reference Laboratory and Regional Reference Lab in Kolkata
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Scalable Model integrated through centralized IT platform allows for network expansion
Integrated National Network…
…backed by Centralized IT platform which fully integrated network
Enterprise Resource Planning (ERP) System
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Payables, receivables, inventory, ledgers etc.
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Scalability and connectivity – web-based
Laboratory Information Management System
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Bi-directional interface; tracks specimen collection, shipping and testing in real time
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Assigns unique ID / barcode for each sample
Data Collection and Analytics
National Reference Laboratory Regional Reference Laboratory Clinical Laboratories Patient Service Centers
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Improve diagnostic services via data analyses
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Demand for tests are analyzed using past data
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Collection network
LPL’s scalable business model provides strategic advantage for expansion and consolidation
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National Reference Lab & Regional
Ref. Lab
Single brand pulls patients
Clinical Labs
(Testing/Collection)
Walk-in customers account for
Patient Service Centers Pickup Points highest share of revenues
Home
Walk-ins
Collection Hospitals Doctors Labs Diverse, large customer pool
Walk-ins offers monetization
opportunities
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Attractive operating metrics
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No. of patients No. of samples Total Revenue
(Mn) (Mn) (INR Cr.)
CAGR: 7.3% CAGR: 9.1% CAGR: 14.6%
1,581.3
19.4 20.3 47.7 49.7
17.6 41.8 1,203.4 [1,330.4 ]
FY19 FY20 FY21 FY19 FY20 FY21 FY19 FY20 FY21
FY21 Revenues increased on
account of :
Consumer brand and network Increase in samples with patient
Gains in patient volumes at 4.4%
expansion driving patient volumes volumes growth
Increase in revenue per patient
from 686 to 781
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Robust financial performance
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Total Revenue EBITDA [] ,PAT and Return on Net Worth
South Others
(INR Cr.) India 2% (INR Cr./%)
5%
CAGR: 14.6% West India
10%
Delhi & 462.6
1,581.3 NCR
365.6
37%
1,330.4 313.2 296.5
1,203.4 East Revenue by
227.6
India 200.5
Geography
17%
(FY21)
FY19 FY20 FY21
EBITDA before ESOP & CSR Cost PAT
Rest of North India (FY19 without Ind AS impact)
FY19 FY20 FY21 29%
EBITDA Margin
Before ESOP & 26.0% 27.5% 29.3%
CSR
PAT Margin 16.7% 17.1% 18.8%
Growth driven primarily by increasing patient volumes and realization
RONW 23.0% 22.7% 25.5%
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Growth driven primarily by increasing patient volumes and realization
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• Increase in operating margin due to economies of scale and cost efficiencies
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19
Robust financial performance (Cont’d)
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Fixed Asset Turnover [1] Cash and Cash Equivalents
Times (INR Cr.)
926.6
10.0x
8.5x 580.0
7.5x 522.9
184.8
164.3
59.3
FY19 FY20 FY21 FY19 FY20 FY21
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Self funded growth on account of strong cash flow generation
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Attractive fixed asset turnover ratio given assetlight model
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Current net cash position and internal accruals expected to fund next phase of growth
Cash and Bank Balance Current Investments
- Fixed Asset Turnover = Total Revenue / Net PP&E as per Ind AS
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20
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Q4 & FY21 Highlights & Financial Performance
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21
Q4 FY21 Snapshot
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42.9% 101.7% 161.0%
INR 431.0 Cr INR 129.5 Cr INR 85.1 Cr
Revenues Normalised EBITDA PAT
33.3% 34.7%
~5.9 mn ~15.1 mn
Patients Samples
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Q4 FY21 is not comparable to Q4 FY20 due to Nationwide lock-down in March 2020
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22
Overview of Dr. Lal PathLabs
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Established brand Pan-India integrated Varied Offerings Unique and successful
coverage operating model
231 clinical labs (including
National Reference Lab at Catalogue of 471 test panels, Scalable model integrated
Established consumer
Delhi and Regional Reference 2,590 pathology tests and through centralised IT
healthcare brand in diagnostic
lab at Kolkata), 3,705 Patient 1,947 radiology and platform allows for network
services
Service Centers (PSCs) and cardiology tests expansion
9,247 Pick-up Points (PUPs)
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Well-positioned in one of the fastest-growing segments of the Indian healthcare industry
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As on March 31, 2021
23
COVID, COVID Allied & Non-COVID Revenue
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Rs. Cr. • Non-COVID business grew at a phenomenal
382 growth rate of 26.8% in Q4 FY21
347 355
• COVID portfolio contribution to total revenue
declined to 11.2% in Q4 FY21 from 21.6% in
209 Q3 FY21 due to regulations on pricing of RT-
PCR testing
• COVID Allied business in Q4 FY21 was at
74 81
56 43 12.5% of total COVID portfolio.
1 11 16 6 • 4.5 lac COVID RTPCR tests conducted in Q4
FY21 and 14.9 lac in FY21
Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21
• RT-PCR test being conducted in 14 labs across
Non COVID COVID COVID Allied the country
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*COVID includes RTPCR and Antibody tests
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**COVID Allied includes IL-6 & D-Dimer
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Key Performance Highlights
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During Q4 FY21:
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Revenues enhanced by 42.9% Y-o-Y to Rs. 431.0 crore
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Normalised EBITDA (after eliminating the impact of stock based compensation & CSR) came in at Rs. 129.5 crore
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Profit After Tax at Rs. 85.1 crore, higher by 161% over same period last year
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Final dividend of Rs. 8 per equity share of Rs. 10 each approved by the Board of Directors
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Cash, FDs and Mutual Funds at Rs. 985.9 crore as on March 31, 2021, an increase of Rs. 241.7 crore over
March 31, 2020
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Non-COVID business achieves a phenomenal increase with 26.8% growth Y-o-Y; COVID testing surged again in
March as caseloads rise across the country
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Non-COVID business revenues stood at Rs. 382.5 crore in Q4 FY21
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Patient volumes grew by 33.3% Y-o-Y to 5.9 million
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The bundled test portfolio ‘Swasthfit’ contributed 16.9% to revenue in Q4 FY21
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Financials
| Particulars (Rs. Cr.) | Q4 FY21 | Q4 FY20 | Gr % | FY21 | FY20 | Gr % |
|---|---|---|---|---|---|---|
| Revenue | 431.0 | 301.7 | 42.9% | 1,581.3 | 1,330.4 | 18.9% |
| Expenditure EBITDA Stock based comp. & CSR cost |
309.0 122.0 7.5 |
244.4 57.3 6.9 |
1,145.0 436.3 26.3 |
986.8 343.6 22.0 |
||
| 112.9% | 27.0% | |||||
| Normalised EBITDA | 129.5 | 64.2 | 101.7% | 462.6 | 365.6 | 26.5% |
| Normalised Margins Other Income |
30.0% 13.5 |
21.3% 12.0 |
29.3% 51.3 |
27.5% 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% |
Financial results of the Company are best monitored on a year to date basis, as there is a certain level of seasonality in business and specific quarter performance may be influenced by certain occurrences in that quarter
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26
Financial Highlights
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+42.9%
431.0
301.7
Revenue
Q4 FY20 Q4 FY21
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All figures in Rs. Crore
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In Q4 FY21, Revenue improved to Rs. 431.0 crore, higher by 42.9% Y-o-Y led by :
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33.3% increase in volumes
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Growth in Non-COVID business and uptick in COVID testing volumes in March
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Realisation per patient in Q4 FY21 stood at Rs. 733, higher as against to Rs. 684 in Q4 FY20
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+101.7%
Normalised EBITDA (after 129.5
eliminating the impactof
stock based compensation, 64.2
and CSR costs)
Q4 FY20 Q4 FY21
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Normalised operating EBITDA (after eliminating the impact of stock based compensation and CSR costs) came in at Rs. 129.5 crore in Q4 FY21, an increase by 101.7% Y-o-Y
-
Q4 FY21 Normalised EBITDA margin (after eliminating the impact of stock based compensation and CSR costs) came in at 30.0%
Financial results of the Company are best monitored on a year to date basis, as there is a certain level of seasonality in business and specific quarter performance may be 27 influenced by certain occurrences in that quarter
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Financial Highlights
All figures in Rs. Crore
-
+144.1% • PBT for Q4 FY21 stood at Rs. 110.8 crore as compared to
-
110.8 Rs. 45.4 crore reported in the same quarter last year, representing a growth of 144.1%
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PBT 45.4 • Q4 FY21 PBT margin came in at 25.7% vs. 15.0% in the corresponding quarter of last year
-
Q4 FY20 Q4 FY21 +161.0% • In Q4 FY21, PAT was at Rs. 85.1 crore, higher by 161.0%
-
85.1 as compared to Rs. 32.6 crore in Q4 FY20
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PAT • Q4 FY21 PAT margin was at 19.7% against 10.8% in Q4 32.6 FY20
-
Q4 FY20 Q4 FY21
-
PBT for Q4 FY21 stood at Rs. 110.8 crore as compared to Rs. 45.4 crore reported in the same quarter last year, representing a growth of 144.1%
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PAT
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Financial results of the Company are best monitored on a year to date basis, as there is a certain level of seasonality in business and specific quarter performance may be 28 influenced by certain occurrences in that quarter
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Management Commentary
Commenting on the results announcement, (Hony) Brig. Dr. Arvind Lal, Executive Chairman
“Even though the concluding quarter of FY21 was marked by the second wave of COVID-19 pandemic in India, we have ensured that our non-COVID business has shown growth. The COVID business started increasing by the end of the quarter due to the growing caseload of COVID cases. In our bid to sustain the market leadership position, we continue to expand test menu, penetrate into newer geographies and strengthen our hold in existing regions.”
Commenting on the results announcement, Dr. Om Manchanda, Managing Director
“Just when everything was returning back to normalcy, India was unfortunately hit by the second wave of pandemic, although this time we were better prepared to manage the crisis given our inherent strengths and sheer experience. Our teams have worked relentlessly to serve all the patients during these unprecedented times and providing them with best quality diagnostic services at affordable prices.”
Commenting on the results announcement, Bharath Uppiliappan, Chief Executive Officer
“Despite the emerging challenges faced in Q4, being a pan-India, organized diagnostics player, Dr. Lal PathLabs is well placed to grow both in COVID and non-COVID businesses. Our strategic efforts of expanding in the West and South continues, while our test menu is constantly getting enhanced. We are confident of realizing our growth aspirations going forward driven by increased demand for quality diagnostics.”
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29
Vibrant Outlook
Strongly develop Rest of India geographies, through Regional Reference Labs and cluster city approach for attractive markets
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Target
to grow
Evaluate best fit inorganic Deeper Penetration within the
ahead
opportunities in South & West North, East & Central Indian
of the
markets
industry
Higher contribution from bundling of
tests – ‘Swasthfit’
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Leveraging digital to make life easier for patient
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Logistics Lab Operations Business
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Digital Lab e-Commerce Mobile app Automation Automation Continuity Plan
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• Self Registration • Online test / health • Test booking, view • Field Executive • Totally integrated • ‘Multi Site’ model Kiosk for patients package booking and download Mobile App for Track with • Quick recovery in
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• Integrated payment • Online payment, current and Route Traceability & centralized LIMS for case of disaster gateway for online order related historical test Field Executive higher Output and • Real time Data payment notifications at reports Tracking faster processing, Replication
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• Self Report printing various touch points • Trend chart along • Real Time visibility built in analytics and between sites Kiosks for 24 by 7 • Integrated Cross with Cumulative of patient samples Business Intelligence • Centrally Report printing Channel Reporting capabilities Hosted and similar to a bank communication with • Find a Lab near you real time ATM strong automated • Self Monitoring – monitored backend using cloud, My Wellness predictive analytics & AI
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Phlebo Mobile App for home collection booking along with route plan.
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Shareholding as of 31st March, 2021
29.6% FIIs, FPIS & Foreign Company 8.8% 55.2% Others Promoter and Promoter Group 6.4% Mutual Funds*
*Mutual Funds includes Alternate Investment Funds as well
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Vision, Mission & Values
VISION
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Customer First
Be the most trusted healthcare partner, enabling
healthier lives Ethics & Integrity
VALUES Quality
To be the undisputed market leader by providing
Accountability
accessible, affordable, timely and quality healthcare,
diagnostics, applying insights and cutting edge
technology to create value for all stakeholders Empathy & Compassion
MISSION
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DLPL Strategy for future growth
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DLPL Strategy for future growth
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Strengthen
Expansion in
Existing
1 Offering 2
Operations
Expand
management of
Geographic
hospital based
4 expansion 3
and clinical
laboratories
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DLPL Strategy for future growth
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Strengthen Existing Operations Expansion in Offering Boosting quality & reliability Improve breadth of standards diagnostic testing
Improving turnaround times for testing
Cutting edge technology Preventive healthcare screening Chronic & Lifestyle disease mgmt. services Expand reach in corporate segment
Grow basic radiology practice Online initiatives and data analytics Investment in branding
Expand management of hospital based and clinical laboratories
Tap incremental contracts for in sourcing test of hospitals and other clinical laboratories
Tap polyclinics
Geographic expansion
Focus city & cluster approach
Set up more clinical laboratories Set up Regional Reference Laboratories Consider alliances and acquisitions
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Consistent investments in R&D
DSIR recognized In House R&D unit with an experienced team of research scientists and doctors
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R&D Collaboration with marquee institutions Jawaharlal Nehru University for development of diagnostics kit for detection of mycobacterium tuberculosis and mycoabacterial species
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CSIR-Institute of Genomics and Integrative Biology for acquisition of know-how for 27 diagnostic assays
Successful commercialization of tests
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Spino-Bulbar-Muscular Atrophy
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Sickle Cell Trio Prenatal Mutation Detection
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Sanger Sequencing, Single Variant
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Leigh Syndrome Mitochondrial Mutation Detection
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Episodic Ataxia Type 2
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Genevolve: The Genomics initiative
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GENEVOLVE brings the dawn of a new era of Genomic testing!
Genevolve: Genomics division focuses on Genetic testing
Offers wide range of key tests related to Oncogenomics, Neurogenomics, Rare disease & Pre-natal/ Post-natal
Tests are carried out using cutting edge technologies such as Next Generation Sequencing (NGS), MLPA, ddPCR, FISH & Sanger Sequencing among others
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New Tests
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Sperm DNA
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Y Chromosome
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New Tie-ups
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ONCOPATH
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Caris MI (USA) • Niche
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• Caris Tumor Segmentation Seek
PAN India network of clinical laboratories, collection centers and pick- up points makes Dr. Lal PathLabs the most reliable genetic testing service provider in India
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In-house adoption of Digital Histopathology
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Reporting of Digital Breast cancer Panels using AI based algorithms
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Digital Histopathology for remote routine reporting
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Opportunities created by Digital Histopathology
•Enhanced access to second opinion, synchronous review of slides
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•Enhanced quality of reporting
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•Potential for insourcing services
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•Leveraging Artificial Intelligence for Histopathology
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•Potential for de-centralization of histopathology reporting
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Highest Quality Standards in the Industry
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100+ Quality Digitally enabled
Real time quality Risk based improvement solutions
control quality assurance meetings on a daily implemented for
monitoring framework basis with the quality audits
network partners and trainings
Best in the Industry CAP Proficiency Testing Score at 98.3% for National Reference Lab
Consistently high EQAS Performance Testing Score at 98.7% for Satellite Labs
NABL Accreditation granted to 14 Labs for processing Covid-19 samples
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Best in class Logistics and Supply Chain management
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Real
Real time
time
service
sample
monitoring
tracking Control
tower
Real time
Automated
Field
Cash Productivity
Executive
and route
collection
tracking
planning
process
with clients visibility
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Enhanced Customer Experience in Home Collection
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Auto Routing engine to
dynamically allocate the
booking to nearest available
phlebotomist
Real time slot confirmation Real time phlebo visibility to
to patient the patient
Variable model which grows ECG at home service
with business volume launched in select cities
Automated and scalable
system
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Key Awards & Recognition
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Dr. Om Manchanda honoured EY Entrepreneur of The Data Quest Technology VC Circle Healthcare ICICI Lombard & CNBC and awarded as ‘Healthcare Year 2019 – Life Award 2015 – Excellence Summit 2013 – Best TV18 India Risk Personality of the Year, 2020’ Sciences & Healthcare in Implementation of Diagnostic Company Management Awards 2020 by FICCI Technology – Emerging Corporates
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Computerworld Honors Laureate Program, 2012
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Frost and Sullivan 4th Annual India Healthcare Excellence Award, 'Diagnostic Service Provider Company of the Year 2012'
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Franchise India Excellence Award in Hall of Fame Category (2011, 2012)
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Franchisor of the Year (Healthcare) - Franchise Plus Awards 2010
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Padma Shri – (Hony) Brig. Dr. Arvind Lal (2009)
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Contact Us
About Dr. Lal PathLabs Limited (DLPL)
Dr. Lal PathLabs Limited is one of India’s leading consumer healthcare brand in diagnostic services.
It has an integrated nationwide network, where patients and healthcare providers are offered 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. The services of DLPL are aimed at individual patients, hospitals and other healthcare providers and corporates. The catalogue of services includes 471 test panels, 2,590 pathology tests and 1,947 radiology and cardiology tests as on March 31, 2021.
As on March 31, 2021, DLPL’s has 231 clinical labs (including National Reference Lab at Delhi & Regional Reference Lab at Kolkata), 3,705 Patient Service Centers (PSCs) and 9,247 Pick-up Points (PUPs). In FY20 & FY21, DLPL collected and processed approximately 47.7 million samples and 49.7 million samples from approximately 19.4 million and 20.3 million patients, respectively.
Additional information on Dr. Lal PathLabs Limited: Corporate Identification No: L74899DL1995PLC065388
Website: https://www.lalpathlabs.com
Ved Goel / Rajat Kalra Siddharth Rangnekar / Nishid Solanki For further Dr. Lal PathLabs Limited CDR India information Tel: +91 124 301 6500 Tel: +91 22 66451209 / 1221 please contact: Fax: +91 124 423 4468 Fax: +91 22 66451213 E-mail: [email protected]/ [email protected] Email: [email protected] / [email protected]
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