Parnax Lab Limited manufactures and exports pharmaceutical formulations. They have manufacturing facilities in sectors such as pharmaceuticals, cosmetics, herbal medicine, and nutraceuticals. The company operates in Silvassa and Baddi, Himachal Pradesh.

Parnax Lab major competitors are Murae Organisor, Lactose India, Sotac Pharmaceutical, Bal Pharma, Tyche Inds, Krebs Biochem.&Inds, Coral Laboratories.
Market Cap of Parnax Lab is ₹147 Crs.
While the median market cap of its peers are ₹149 Crs.

Parnax Lab seems to be less financially stable compared to its competitors.
Altman Z score of Parnax Lab is 2.42 and is ranked 5 out of its 8 competitors.