Laxmi Dental Ltd
Incorporated in 2004, Laxmi Dental is an integrated dental products company offering a comprehensive portfolio of Dental Products[1]
- Market Cap ₹ 1,370 Cr.
- Current Price ₹ 249
- High / Low ₹ 510 / 156
- Stock P/E 59.2
- Book Value ₹ 45.0
- Dividend Yield 0.00 %
- ROCE 12.3 %
- ROE 9.86 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 59.9% CAGR over last 5 years
- Debtor days have improved from 69.9 to 54.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 115 days to 201 days
* 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
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Part of BSE Healthcare
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 112 | 63 | 113 | 126 | 139 | 171 | 209 | |
| 110 | 59 | 109 | 119 | 128 | 144 | 178 | |
| Operating Profit | 3 | 4 | 4 | 6 | 12 | 27 | 30 |
| OPM % | 3% | 7% | 3% | 5% | 8% | 16% | 15% |
| 1 | 0 | 4 | 8 | 14 | 19 | 6 | |
| Interest | 3 | 3 | 3 | 4 | 5 | 4 | 1 |
| Depreciation | 6 | 6 | 7 | 9 | 9 | 10 | 12 |
| Profit before tax | -5 | -4 | -2 | 1 | 12 | 32 | 24 |
| Tax % | 5% | 9% | 118% | 0% | -85% | 18% | 19% |
| -5 | -4 | -4 | 1 | 23 | 26 | 19 | |
| EPS in Rs | -155.57 | -140.95 | -142.58 | 46.12 | 737.58 | 4.69 | 3.52 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 18% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 246% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 16% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 11 | 11 |
| Reserves | 44 | 40 | 36 | 28 | 51 | 212 | 236 |
| 36 | 36 | 41 | 42 | 53 | 5 | 11 | |
| 28 | 29 | 29 | 37 | 31 | 48 | 31 | |
| Total Liabilities | 109 | 105 | 106 | 108 | 136 | 276 | 289 |
| 38 | 41 | 32 | 35 | 33 | 40 | 54 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 16 | 16 | 17 | 14 | 14 | 17 | 79 |
| 54 | 48 | 57 | 59 | 89 | 219 | 156 | |
| Total Assets | 109 | 105 | 106 | 108 | 136 | 276 | 289 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 10 | 10 | -4 | 10 | 5 | 47 | -35 | |
| -15 | -9 | 3 | -6 | -6 | -49 | -46 | |
| 6 | -1 | 1 | -1 | -2 | 104 | -3 | |
| Net Cash Flow | 0 | 1 | -1 | 3 | -3 | 102 | -85 |
| Free Cash Flow | -7 | 1 | -2 | 3 | -2 | 34 | -52 |
| CFO/OP | 340% | 247% | -84% | 156% | 45% | 180% | -97% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 90 | 95 | 73 | 85 | 88 | 68 | 54 |
| Inventory Days | 189 | 377 | 195 | 162 | 196 | 132 | 111 |
| Days Payable | 184 | 310 | 147 | 151 | 82 | 196 | 45 |
| Cash Conversion Cycle | 95 | 162 | 120 | 95 | 201 | 4 | 120 |
| Working Capital Days | 21 | 9 | 27 | 20 | 71 | 72 | 201 |
| ROCE % | 0% | 1% | 6% | 19% | 17% | 12% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Digital Units Penetration - Domestic Lab % |
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| Digital Units Penetration - International Lab % |
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| Domestic Lab Metal-Free Revenue Share % |
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| Aligner Solutions Total Cases Cases |
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| Dental Network Size Number (Dentists/Clinics) |
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| Domestic Lab Units Sold Units |
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| Employee Strength Count |
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| International Lab Units Sold Units |
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| Pediatric (Kids-E-Dental) Units Sold Units |
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| Intraoral Scanners Deployed Units |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9h - Extract of newspaper advertisements published on May 23, 2026, in the Financial Express (English Newspaper) and Mumbai Lakshdeep (Marathi Newspaper), with respect to Audited Standalone …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Q4FY26 earnings conference call audio recording uploaded on May 22, 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation 1d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Laxmi Dental reported Q4 FY26 revenue of ₹74.0 crore, FY26 revenue ₹277.9 crore, PAT ₹28.9 crore.
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Results - Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026
1d - Board approved audited standalone and consolidated results for quarter and year ended 31 March 2026; unmodified opinion.
Concalls
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Feb 2025TranscriptAI SummaryPPT
Leading Dental Company[1]
Laxmi Dental is India’s only end-to-end integrated dental products company, operating across the full dental value chain — dental laboratory services, clear aligners, aligner materials & machines, and paediatric dental products. It is the second-largest domestic dental lab player and the largest Indian export dental laboratory