Laxmi Dental Limited , a prominent player in the dental products industry, has reported robust financial results for the second quarter of fiscal year 2025-26, demonstrating significant growth across key metrics.

Financial Highlights

• Revenue: Grew by 26.5% year-over-year to ₹723.00 million, marking the company's strongest quarterly revenue. This represents a 10.2% increase quarter-over-quarter.
• EBITDA Margin: Maintained at 15.3%
• PAT Margin: Sustained at 10.5%

Segment Performance

The company's growth was driven by strong performances across its business segments:

Scanner Sales

Surged 94.7% year-over-year, with units sold in the first half of FY26 already exceeding the entire FY25 volume.

Dental Lab Business

Grew 29.9% year-over-year, driven by both domestic and international market traction.

Aligner Solutions

Recorded 12.3% year-over-year growth, primarily driven by Taglus which grew 29.9%.

Kids-E-Dental

Showed recovery with 21.4% quarter-over-quarter growth.

Strategic Focus

Laxmi Dental continues to invest in:

• Automation
• Research and Development
• Brand building
• Digital dentistry
• AI innovation

Future Outlook

Despite global uncertainties, Laxmi Dental has maintained strong margins and demonstrated robust growth across various segments. The company's focus on innovation, particularly in digital dentistry and AI, along with its strong performance in scanner sales and the dental lab business, positions it well for continued growth.

Investors and analysts will be keeping a close eye on Laxmi Dental's continued execution of its growth strategy in the coming quarters.

Note: All financial figures are in Indian Rupees (₹).

Laxmi Dental Limited has successfully completed its strategic acquisition of stakes in IDBG AI Dent Global Private Limited, marking a significant move in the dental technology sector. The company officially announced the completion of the transaction, which was initially revealed in July.

Acquisition Details

The acquisition involves two key components:

1. Equity Stake: Laxmi Dental has secured a 49% equity stake in IDBG AI Dent Global by acquiring 11,175 equity shares. These shares, with a face value of ₹10 each, were purchased at a premium of ₹1,217.50 per share, totaling an investment of ₹1.37 crore.

2. Preference Shares: Additionally, the company has acquired 5,123 compulsorily convertible preference shares (CCPS) without voting rights. These CCPS, also priced at ₹10 face value with a ₹1,217.50 premium per share, represent a 9% stake in the preference share capital of IDBG AI Dent Global. This portion of the acquisition amounted to ₹62.88 lakh.

Transaction Completion

Laxmi Dental Limited confirmed the completion of this transaction following the receipt of share certificates from IDBG AI Dent Global Private Limited. This formal documentation solidifies Laxmi Dental's position as a significant stakeholder in the AI-driven dental technology firm.

Strategic Implications

This acquisition aligns with Laxmi Dental's strategy to expand its footprint in the evolving landscape of dental technology. By investing in IDBG AI Dent Global, Laxmi Dental is positioning itself at the forefront of AI applications in dentistry, potentially enhancing its service offerings and technological capabilities.

Investor Relations

In a separate announcement, Laxmi Dental Limited informed that its officials will be participating in a one-on-one meeting with investors and analysts. The meeting, organized by Nuvama Institutional Equities, is scheduled for September 24 in Mumbai. The company emphasized that discussions will be based on publicly available information, adhering to regulatory guidelines regarding the disclosure of sensitive information.

Market Impact

As Laxmi Dental Limited continues to expand its portfolio and engage with the investment community, market watchers will be keen to observe how this strategic acquisition and ongoing investor relations efforts will impact the company's market position and future growth prospects in the competitive dental care industry.

Investors and stakeholders are advised to monitor official communications from Laxmi Dental Limited for any further developments or insights into the company's strategic direction following this acquisition.