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Quest Laboratories Ltd (QUESTLAB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: QUESTLAB Pharmaceuticals & Drugs | Small Cap | Quest Laboratories Share Price

BSE Share Price
Not Listed

Quest Laboratories Ltd (QUESTLAB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: QUESTLAB Pharmaceuticals & Drugs | Small Cap | Quest Laboratories Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹167 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹9.2
TTM Sales
₹112 Cr.
Book Value per Share
₹57.3
P/E Ratio
11.14
Lower than its 5-year historical median
Industry PE
46.5
Price to Book (P/B)
1.78
Lower than its 5-year historical median
Price to Sales (P/S)
1.50
Lower than its 5-year historical median
EV/EBITDA
8.42
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
24.56%
Outperforms industry median
Return on Capital Employed (ROCE)
26.87%
Outperforms industry median
Return on Assets (ROA)
14.89%
Operating Profit Margin
15.4%
Net Profit Margin
13.05%
Gross Profit Margin
18.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
25.93%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
2.7%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
34.49%
Asset Quality
Promoter Holding
66.78%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹78 Cr.
Equity
₹16.4 Cr.
Face Value
₹10
All Time Low / High
- / -

Quest Laboratories stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Quest Laboratories Ltd a good quality company?
Quest Laboratories Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Quest Laboratories Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Quest Laboratories Ltd vs industry peers?
Quest Laboratories Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 5.35%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Quest Laboratories Ltd?
Promoters hold 66.78% of the Quest Laboratories Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Quest Laboratories Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 6.46% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Quest Laboratories Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 12.3%55%46.5%57.5%26.9%-
Value Creation
Index
-0.12.92.33.10.9-

Growth Parameters

Sales 30.459.561.682.6104112
Sales YoY Gr.-95.9%3.6%33.9%25.9%-
Adj EPS 0.63.84.68.58.39.2
YoY Gr.-547.5%20.4%83.9%-2.1%-
BVPS (₹) 5.59.3142449.957.3
Adj Net
Profit
0.64.1510.113.615
Cash Flow from Ops. 1.13.53.93-23.3-
Debt/CF from Ops. 2.90.91.11.7-1.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA20.5%25.9%
Adj EPS NANA29.4%-2.1%
BVPSNANA75.3%108.1%
Share Price - - - 21.5%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
10.851.939.546.224.617.1
Op. Profit
Mgn %
4.710.912.718.915.411.5
Net Profit
Mgn %
2.16.9812.213.113.4
Debt to
Equity
0.50.30.30.20.40
Working Cap
Days
0116186190177217
Cash Conv.
Cycle
0131031107153

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales30596283104
Operating Expenses + 2953546788
Manufacturing Costs11111
Material Costs2444425279
Employee Cost 33344
Other Costs 14893
Operating Profit 1681616
Operating Profit Margin (%) 4.7%10.9%12.7%18.9%15.4%
Other Income + 00004
Exceptional Items 00000
Interest 00111
Depreciation 00111
Profit Before Tax 1671419
Tax 02245
Profit After Tax 1451014
PAT Margin (%) 2.2%6.9%8.2%12.2%13.1%
Adjusted EPS (₹)0.63.84.78.58.3
Dividend Payout Ratio (%)0%0%0%0%0%

Valuation of Quest Laboratories - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 610152982
Share Capital 1111216
Reserves 59141765
Debt +334530
Long Term Debt11211
Short Term Debt222428
Minority Interest00000
Trade Payables81725216
Others Liabilities 25364
Total Liabilities 18354761122

Fixed Assets

Net Fixed Assets +67101012
Gross Block810131416
Accumulated Depreciation23344
CWIP 00000
Investments 000752
Inventories11111621
Trade Receivables922202430
Cash Equivalents 02000
Others Assets 23636
Total Assets 18354761122

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 1343-23
PBT 1671419
Adjustment 1111-3
Changes in Working Capital -0-3-2-8-35
Tax Paid -0-0-2-4-4
Cash Flow From Investing Activity + -1-2-4-5-44
Capex -1-2-3-1-3
Net Investments 000-4-44
Others 00-103
Cash Flow From Financing Activity + 0-00267
Net Proceeds from Shares 000343
Net Proceeds from Borrowing 001-10
Interest Paid -0-0-1-1-1
Dividend Paid 00000
Others 0-00025
Net Cash Flow -0100-0

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)11.1251.6940.2146.1324.56
ROCE (%)12.285546.5457.5126.87
Asset Turnover Ratio1.652.241.511.541.14
PAT to CFO Conversion(x)10.750.80.3-1.64
Working Capital Days
Receivable Days110.1095.80124.4098.1095.60
Inventory Days105.9036.3060.3065.80
Payable Days118.90102.60181.9015860.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Quest Laboratories Ltd FAQs

The current trading price of Quest Laboratories on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Quest Laboratories stood at ₹167.2 Cr

The latest P/E ratio of Quest Laboratories as of 31-Dec-1969 is 11.14.

The latest P/B ratio of Quest Laboratories as of 31-Dec-1969 is 1.78.

The 52-week high of Quest Laboratories is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Quest Laboratories is ₹112 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Quest Laboratories Ltd is a average quality company.

The key valuation ratios of Quest Laboratories Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Quest Laboratories Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Quest Laboratories Ltd

Quest Laboratories Limited was originally incorporated under the name ‘Quest Laboratories Private Limited’ under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated June 01, 1998, issued by the Registrar of Companies Madhya Pradesh, Gwalior. Subsequently, the status of the Company was changed to public limited and the name of Company was changed to ‘Quest Laboratories Limited’ vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of its Company held on January 11, 2024. The fresh certificate of incorporation consequent to conversion was issued on January 23, 2024, by Assistant Registrar of Companies/ Deputy Registrar of Companies/ Registrar of Companies, Centralised Processing Centre. 

Quest Laboratories is engaged in the business of manufacturing of pharmaceutical formulations across a broad spectrum, including antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more. These formulations fall under the trademark ‘Quest Laboratories’. The company produces a variety of products, comprising ethical drugs, generic drugs, and over-the-counter drugs (OTC). These products are available in various forms such as tablets, liquid orals, oral dry powders, oral powders (ORS), ointments, and external liquids. This comprehensive approach allows the Company to address a wide range of medical needs and preferences among patients. 

The Company holds World Health Orgabnization (WHO) Schedule M GMP, and GLP certifications, adhering to the stringent guidelines set by the World Health Organization. Its commitment to quality is further demonstrated by its ISO 9001:2015 certification and ISO/IEC 17025:2017 accreditation. With manufacturing under one roof, the company maintains stringent quality control standards throughout the entire manufacturing process. By doing so, it ensures that its products meet the relevant quality standards before they reach the market. 

The company also possesses Good Laboratory Practice (GLP) certificate issued by Food & Drug Administration, Bhopal, Madhya Pradesh, indicating its commitment to maintaining high standards of quality and compliance in laboratory operations, particularly within the pharmaceutical sector. Its in-house laboratory is equipped with various equipment such as HPLC (High-Performance Liquid Chromatography), GC (Gas Chromatography), FTIR (Fourier Transform Infrared Spectroscopy), UV (Ultraviolet-Visible Spectroscopy), Dissolution apparatus, and other advanced instruments. This comprehensive suite of tools enables it to conduct a wide array of tests and analyses efficiently and accurately. 

Business area of the company

The company is primarily engaged in the manufacturing of pharmaceutical formulations across a broad spectrum, including antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more. The company also produces variety of products, comprising ethical drugs, generic drugs, and over-the-counter drugs (OTC).

Products of the company

  • Tablets
  • Dry syrup & suspension
  • Ointment
  • Oral Rehydration Salt (ORS)

History and milestones 

  • 1998: Incorporation of the Company as Private Limited Company 
  • 1998: Good Manufacturing Practices Certificate. 
  • 1998: Good Laboratory Practices Certificate.
  • 2022: ISO/IEC 17025:2017 for General Requirements for the Competence of Testing & Calibration Laboratories. 
  • 2023: ISO 9001:2015 in accordance with the requirements Quality Management System standard. 
  • 2023: Zed Bronze under MSME Sustainable (ZED) Certification. 
  • 2024: Conversion of Company from Private Limited to Public Limited Company.

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