Dr. Lal Pathlabs - Status Quo On Volumes Implies No Change In Stance: Yes Securities

NDTV Profit’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 NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Yes Securities Report.We interacted with Dr. Lal Pathlabs Ltd. CFO to better understand the drivers of Q2 and residual FY25 and assess any need to change our assumptions/estimates. Company indicated that recent heavy rainfall in Northern India is leading to a situation where post monsoon disease pattern is yet to emerge; impact of which is being felt in most of Northern part of the country. Dr Lal did indicate about likelihood of sickness undergoing a shift (with some impact on volumes) and not necessarily being lost which could lead to a seasonally better Q3. Focus on Swasthfit remains intact with contribution of 24% to revenues. Suburban remains on path of improvement with renewed B2B push in core markets. Dr Lal continues to expect growth similar to that in previous year with lack of price hike (2.5% benefit in FY24) being compensated by that much better volumes. Suburban and specialized tests are reiterated to be key medium-term levers even as the conversation reinforces our volume/mix change assumption; stick to our negative stance in lieu of no incremental change noticed in expected volume growth..Click on the attachment to read the full report:.Skipper - Riding On The T&D Capex Wave; Axis Securities Initiates Coverage With A 'Buy' Rating.DISCLAIMERThis report is authored by an external party. NDTV Profit 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 NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Dr. Lal Pathlabs - Status Quo On Volumes Implies No Change In Stance: Yes Securities

Swasthfit to continue to drive mix change; gradual uptick in specialized portfolio, says the brokerage.

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Dr. Lal Pathlabs - Status Quo On Volumes Implies No Change In Stance: Yes Securities

Swasthfit to continue to drive mix change; gradual uptick in specialized portfolio, says the brokerage.

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