Laxmi Dental Limited has announced entering into a loan agreement with its subsidiary Signature Smiles Dental Clinic Private Limited for an aggregate amount not exceeding ₹50.00 lakhs. The agreement was executed on December 29, 2025, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Loan Agreement Details

The loan facility will be disbursed in one or more tranches, subject to compliance with applicable laws. The subsidiary will utilize the funds for general corporate purposes and business needs.

Related Party Transaction

The transaction qualifies as a related party transaction since Laxmi Dental Limited holds 88.88% shareholding in Signature Smiles Dental Clinic Private Limited. The company has confirmed that the transaction is conducted on an arm's length basis.

Outstanding Loan Position

As disclosed in the regulatory filing, the total amount of loan outstanding as of the disclosure date stands at ₹100.00 lakhs, inclusive of interest. This indicates existing loan arrangements between the parent company and its subsidiary.

Agreement Terms

The loan agreement does not contain special rights provisions such as:

• Right to appoint directors
• First right to share subscription in case of share issuance
• Right to restrict changes in capital structure

The borrower has undertaken to pay interest on the facility amount at the specified rate of 10.50% per annum throughout the loan tenure.

Corporate Structure

Signature Smiles Dental Clinic Private Limited operates as a subsidiary of Laxmi Dental Limited, with the parent company maintaining significant control through its 88.88% shareholding. The promoters and promoter group companies have no other interest in this transaction beyond the subsidiary relationship.

Laxmi Dental Limited , a leading integrated dental solutions provider, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating resilience in a challenging global economic landscape.

Key Financial Highlights

• Revenue surged by 26.5% year-on-year to Rs. 72.00 crores
• EBITDA margin maintained at a healthy 15.3%
• PAT margin stood at 11.8%
• PBT (before JV profit) increased by 93.2% YoY

Segment-wise Performance

Strong Growth in Core Business

Laxmi Dental's dental laboratory business, excluding scanner sales, grew by an impressive 29.9% year-on-year. The domestic lab business saw a 23.2% increase, while the international lab business surged by 39.2%, despite facing US tariff pressures that impacted margins by 90 basis points.

Digital Dentistry Push

The company's strategic focus on digital dentistry is evident in its scanner sales, which grew by 94.7% year-on-year. This aligns with Laxmi Dental's goal of increasing digital penetration to over 90% among its associated dentists.

Aligner Solutions and Vedia Performance

The aligner solutions segment, including Bizdent and Vedia, reported a 12.3% year-on-year growth. Notably, Vedia, which produces raw materials and machines for aligner manufacturing, delivered a strong 29.9% growth, showcasing the increasing global demand for its Taglus brand.

Management Commentary

Sameer Merchant, Managing Director and CEO, stated, "We continue to deliver a robust performance in Q2 FY26, achieving our strongest ever quarterly sale for the second time in a row. Our impressive revenue growth amid a volatile global economic landscape highlights our business model's resilience and the effectiveness of our strategic approach."

Future Outlook

The management remains confident in maintaining its strong growth trajectory and meeting the full-year revenue guidance while preserving a healthy margin profile. The company aims for 20-25% revenue growth and 13-15% PAT margins for FY26, subject to ongoing global uncertainties.

Laxmi Dental is focusing on expanding its global presence, particularly in the pediatric dental solutions segment, with regulatory approvals progressing as planned. The company expects to receive CE certification in Q4, potentially opening up access to about 40 countries.

Investor Meeting

The company has scheduled a 1x1 meeting with investors, organized by Elara Capital, on November 25, 2025, in Mumbai, indicating ongoing engagement with the investment community.

As Laxmi Dental continues to innovate and expand its digital dentistry offerings, the company appears well-positioned to capitalize on the growing opportunities within the dynamic dental industry, both domestically and internationally.