January 18, 2024 - January 23, 2024

Qualitek Labs IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Qualitek Labs IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Qualitek Labs IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Qualitek Labs IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is operating in lab testing segment that is highly competitive and fragmented. Though it posted growth in its top and bottom lines for the reported periods, the sustainability of such margins going forward is a major concern. Based on its FY24 super earnings, the issue appears aggressively priced. There is no harm in skipping this pricey bet. Read detail review...

Qualitek Labs IPO Peer Comparison

Qualitek Labs Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Qualitek Labs Limited	5.49	5.49	24.74	18.21	30.10	4.04
Choksi Laboratories Ltd.	4.69			11.74	6.58

Notes:

All the financial information for listed industry peers mentioned above is sourced from the Audited Financial Results of the aforesaid company for the year ended March 31, 2023, and stock exchange data dated October 09, 2023, to compute the corresponding financial ratios.
For Qualitek Labs Limited, the Current Market Price is taken as the issue price of Equity Share.
The P/E Ratio is based on the current market price of the respective scrips.
The EPS and RoNW are taken as per the Restated Standalone Financial Statement for the Financial Year 2022-23.

Qualitek Labs IPO Review by Members

Qualitek Labs IPO Reviews, analysis and views by popular members. Read Qualitek Labs Limited IPO reviews by retail investors to find recommended ipo to buy.

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Qualitek Labs IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	1
%	0.00	0.00	0.00	100.00

Member	Review
Architbhai	Avoid risky 1 January 22, 2024 10:10:37 PM

Member

Review

Architbhai

Avoid

risky

January 22, 2024 10:10:37 PM

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