Laxmi Dental Ltd
Incorporated in 2004, Laxmi Dental is an integrated dental products company offering a comprehensive portfolio of Dental Products[1]
- Market Cap ₹ 1,742 Cr.
- Current Price ₹ 317
- High / Low ₹ 584 / 302
- Stock P/E 75.3
- Book Value ₹ 37.9
- Dividend Yield 0.00 %
- ROCE 19.2 %
- ROE 21.9 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 57.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.4%
Cons
- Stock is trading at 8.35 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Healthcare BSE SmallCap BSE IPO BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|
150 | 92 | 137 | 162 | 194 | 239 | 245 | |
146 | 88 | 130 | 152 | 169 | 196 | 205 | |
Operating Profit | 3 | 4 | 7 | 9 | 24 | 43 | 40 |
OPM % | 2% | 5% | 5% | 6% | 13% | 18% | 16% |
2 | 0 | -10 | 2 | 0 | 10 | 5 | |
Interest | 3 | 3 | 4 | 4 | 6 | 6 | 4 |
Depreciation | 7 | 6 | 8 | 11 | 12 | 15 | 15 |
Profit before tax | -4 | -4 | -16 | -5 | 7 | 31 | 25 |
Tax % | 5% | 8% | 15% | 4% | -136% | 21% | |
-5 | -5 | -19 | -4 | 25 | 32 | 23 | |
EPS in Rs | -154.92 | -156.22 | -596.62 | -128.94 | 804.81 | 5.78 | 5.36 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 20% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 58% |
3 Years: | 70% |
TTM: | 6% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 32% |
Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 37 | 33 | 9 | 6 | 31 | 198 |
37 | 39 | 50 | 50 | 61 | 20 | |
31 | 34 | 43 | 40 | 46 | 60 | |
Total Liabilities | 106 | 106 | 103 | 97 | 139 | 288 |
39 | 42 | 40 | 40 | 46 | 51 | |
CWIP | 0 | 7 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 6 | 10 |
66 | 56 | 63 | 56 | 87 | 227 | |
Total Assets | 106 | 106 | 103 | 97 | 139 | 288 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
12 | 10 | -2 | 14 | 8 | 44 | |
-18 | -9 | 3 | -10 | -11 | -29 | |
6 | -0 | -4 | -1 | -3 | 111 | |
Net Cash Flow | 0 | 0 | -3 | 3 | -5 | 125 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 64 | 64 | 54 | 46 | 47 | 56 |
Inventory Days | 186 | 305 | 272 | 212 | 397 | |
Days Payable | 197 | 273 | 245 | 197 | 585 | |
Cash Conversion Cycle | 54 | 96 | 81 | 61 | 47 | -132 |
Working Capital Days | 13 | 3 | -3 | -13 | 0 | 37 |
ROCE % | 3% | -1% | 1% | 18% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
19 Sep - Completed acquisition: 49% equity (₹1.37 crore) and 9% CCPS (₹62.88 lakh) in IDBG on Sep 19, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Sep - Of Schedule of Analyst / Institutional Investor meetings under the SEBI (LODR), Regulations 2015.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Sep - Completion of dispatch of the Annual Report for the Financial Year ("FY") 2024-2025 including Notice of the 21st Annual General Meeting (AGM)
- Reg. 34 (1) Annual Report. 6 Sep
- Intimation Of 21St Annual General Meeting ('AGM') Of The Company Scheduled To Be Held On Monday, September 29, 2025. 6 Sep
Concalls
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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 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.