Laxmi Dental Ltd
Incorporated in 2004, Laxmi Dental is an integrated dental products company offering a comprehensive portfolio of Dental Products[1]
- Market Cap ₹ 2,359 Cr.
- Current Price ₹ 429
- High / Low ₹ 584 / 308
- Stock P/E 116
- Book Value ₹ 40.5
- Dividend Yield 0.00 %
- ROCE 17.1 %
- ROE 14.9 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 51.6% CAGR over last 5 years
- Company's working capital requirements have reduced from 88.7 days to 69.5 days
Cons
- Stock is trading at 10.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -44.9%
- The company has delivered a poor sales growth of 8.77% over past five years.
- Earnings include an other income of Rs.18.8 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Healthcare Healthcare Healthcare Equipment & Supplies Medical Equipment & Supplies
Part of BSE IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 112 | 63 | 113 | 126 | 139 | 171 | |
| 110 | 59 | 109 | 119 | 128 | 145 | |
| Operating Profit | 3 | 4 | 4 | 6 | 12 | 26 |
| OPM % | 3% | 7% | 3% | 5% | 8% | 15% |
| 1 | 0 | 4 | 8 | 14 | 19 | |
| Interest | 3 | 3 | 3 | 4 | 5 | 4 |
| Depreciation | 6 | 6 | 7 | 9 | 9 | 10 |
| Profit before tax | -5 | -4 | -2 | 1 | 12 | 32 |
| Tax % | 5% | 9% | 118% | 0% | -85% | 18% |
| -5 | -4 | -4 | 1 | 23 | 26 | |
| EPS in Rs | -155.57 | -140.95 | -142.58 | 46.12 | 737.58 | 4.69 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 15% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 52% |
| 3 Years: | 87% |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 17% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 11 |
| Reserves | 44 | 40 | 36 | 28 | 51 | 212 |
| 36 | 36 | 41 | 42 | 50 | 5 | |
| 28 | 29 | 29 | 37 | 31 | 45 | |
| Total Liabilities | 109 | 105 | 106 | 108 | 132 | 273 |
| 38 | 41 | 32 | 35 | 33 | 40 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 16 | 16 | 17 | 14 | 14 | 17 |
| 54 | 48 | 57 | 59 | 85 | 216 | |
| Total Assets | 109 | 105 | 106 | 108 | 132 | 273 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 10 | 10 | -4 | 10 | 5 | 47 | |
| -15 | -9 | 3 | -6 | -6 | -49 | |
| 6 | -1 | 1 | -1 | -2 | 104 | |
| Net Cash Flow | 0 | 1 | -1 | 3 | -3 | 102 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 90 | 95 | 73 | 85 | 88 | 68 |
| Inventory Days | 189 | 377 | 195 | 162 | 167 | 111 |
| Days Payable | 184 | 310 | 147 | 151 | 82 | 196 |
| Cash Conversion Cycle | 95 | 162 | 120 | 95 | 172 | -17 |
| Working Capital Days | 68 | 79 | 85 | 76 | 121 | 70 |
| ROCE % | 0% | 1% | 6% | 9% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Laxmi Dental officials to attend Non-Deal Roadshow in Singapore on June 17-18, 2025.
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Announcement under Regulation 30 (LODR)-Resignation of Director
6 Jun - Resignation of Non-Executive Nominee Director Ms. Sumona Chakraborty effective June 6, 2025.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report confirms full SEBI compliance for FY ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 May - Q4 FY25 earnings: INR239 Cr revenue, INR32 Cr PAT; growth via digitalization and IDS event participation.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Read with Schedule III of SEBI (LODR) Regulations, 2015, please find enclosed copy of news paper publication dated May 28, 2025 in the Financial Express …
Concalls
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Feb 2025TranscriptNotesPPT
Leading Dental Company[1]
Laxmi Dental is the only end-to-end integrated dental products company in India. Based on FY23 revenue & PAT, the company is the largest and most profitable vertically integrated, indigenous B2B2C dental aligner solutions provider.