Qualitek Labs Limited is primarily engaged in the business of providing testing, inspection, homologation, certification and consultancy services to various industries viz the automotive, defense, minerals, environment & water, food & agriculture, pharma & healthcare, and metal & metallurgy.

Qualitek Labs major competitors are Indiabulls Enterpris, Modi Rubber, Vaarad Ventures, Shubhshree Biofuels, PE Analytics, Shree OSFM E-Mobil, 3rd Rock Multimedia.
Market Cap of Qualitek Labs is ₹352 Crs.
While the median market cap of its peers are ₹227 Crs.

Qualitek Labs seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.