Laxmi Dental Ltd
NSE: LAXMIDENTL BSE: 544339
Incorporated in 2004, Laxmi Dental is an integrated dental products company offering a comprehensive portfolio of Dental Products[1]
₹197
52W: ₹156 — ₹510
PE 54.6 · Book ₹43.7 · +351% vs bookMarket Cap₹1,082 Cr
Stock P/E54.6Price to Earnings
ROCE17.3%Return on Capital
ROE14.6%Return on Equity
Div. Yield0%Face Value ₹2
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company has delivered good profit growth of 51.2% CAGR over last 5 years
Weaknesses
- −Stock is trading at 4.54 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of 8.77% over past five years.
Shareholding Pattern
Promoters41.77%
FIIs31.2%
DIIs10.52%
Public16.5%
| Category | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Promoters | 41.7% | 41.7% | 41.7% | 41.7% | 41.77%▲0.1 |
| FIIs | 34.24% | 33.59%▼0.6 | 32.39%▼1.2 | 32.45%▲0.1 | 31.2%▼1.3 |
| DIIs | 12.86% | 14.3%▲1.4 | 11.85%▼2.5 | 10.82%▼1.0 | 10.52%▼0.3 |
| Public | 11.19% | 10.39%▼0.8 | 14.05%▲3.7 | 15.01%▲1.0 | 16.5%▲1.5 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 34.92 | 39.14 | 43.23 | 41.99 | 43.35 | 42.68 | 50.11 | 54.26 | 48.45 |
| Expenses | 33.81 | 32.96 | 34.75 | 37.22 | 37.77 | 35.34 | 40.15 | 46.58 | 43.88 |
| Operating Profit | 1.11 | 6.18 | 8.48 | 4.77 | 5.58 | 7.34 | 9.96 | 7.68 | 4.57 |
| OPM % | 3.18% | 15.79% | 19.62% | 11.36% | 12.87% | 17.2% | 19.88% | 14.15% | 9.43% |
| Net Profit | 1.76 | 5.96 | 14.59 | 3.8 | 3.21 | 4.18 | 7.86 | 6.57 | -1.89 |
| EPS ₹ | 57.16 | 193.57 | 5.25 | 1.37 | 0.62 | 0.76 | 1.43 | 1.2 | -0.34 |
AI Insights
Revenue Trend
TTM revenue at ₹196Cr, up 14.6% YoY. OPM at 15%.
Debt Position
Borrowings at ₹5Cr. Debt-to-equity ratio: 0.02x. Healthy balance sheet.
Capex Cycle
CWIP at ₹2Cr (5% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 10.52% (-2.34pp change). FIIs: 31.2% (-3.04pp change). Promoters hold 41.77%.
Margin & Efficiency
ROCE improving from 0% (Mar 2020) to 17% (Mar 2025). Working capital days: 72.
Valuation
PE 54.6x with 17.3% ROCE. Price is 351% above book value of ₹43.7. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2m - The Company has scheduled an Q4FY26 Earnings Conference Call on Friday, May 22, 2026 at 10:00 A.M. (IST), to discuss on the annual audited financial …
- Board Meeting Intimation for Laxmi Dental Limited To Be Held On May 21, 2026 2h - Board meets May 21, 2026 to approve audited Q4 and FY2026 results; trading window closure noted.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 7 May - ICRA reports IPO proceeds utilization for quarter ended March 31, 2026, with no material deviation.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Apr - Laxmi Dental to attend an NDR with investors in Chennai on April 22, 2026.
- Intimation Of In-Principle Approval For Listing Of Equity Shares Under Laxmi Dental Employee Stock Option Scheme 2024 10 Apr - BSE granted in-principle approval for 5,00,000 equity shares under Laxmi Dental ESOP Scheme 2024.
- Financial Year 2025 from bse
- Transcript
- PPT