Laxmi Dental
280.35
-0.30(-0.11%)
Market Cap₹1,540.86 Cr
PE Ratio62.45
IndustryHealthcare
Company Performance:
1D-0.11%
1M-10.65%
6M-26.45%
1Y-49.08%
5Y-49.08%
View Company Insightsright
More news about Laxmi Dental
12Aug 25
Laxmi Dental Reports Strong Q1 FY26 Results, Plans Global Expansion
Laxmi Dental, India's leading integrated dental products company, reported robust Q1 FY26 results with a 9.9% YoY increase in consolidated revenue to ₹656.00 crore. EBITDA stood at ₹119.10 crore with an 18.2% margin, while PAT reached ₹83.30 crore. The company announced global expansion plans focusing on clear aligners, digital dentistry, and exports. Laxmi Dental is also venturing into AI-powered dentistry solutions. The company provided an update on its IPO proceeds utilization, with ₹658.02 crore remaining unutilized and temporarily invested in fixed deposits.
12Aug 25
Laxmi Dental Limited Reports Strong Q1 FY25-26 Results with 83.30 Crore Profit
Laxmi Dental Limited announced robust Q1 FY25-26 results with consolidated sales of Rs. 643.21 crore and profit after tax of Rs. 83.30 crore. Standalone sales reached Rs. 496.24 crore with Rs. 78.59 crore profit. The company's three business segments performed well: Laboratory (Rs. 445.94 crore), Aligners (Rs. 187.26 crore), and Other Business (Rs. 26.17 crore). Basic EPS stood at Rs. 1.53. The Board re-appointed M/s. S.H.B.A & Co. LLP as Internal Auditor and approved in-principle acquisition of a stake in IDBG Al Dent Global Private Limited.
07Aug 25
Laxmi Dental Limited Announces Q1 FY26 Earnings Conference Call for August 13
Laxmi Dental has scheduled an earnings conference call on August 13, 2025, at 12:00 Noon IST to discuss Q1 FY26 financial results. Key executives participating include the Chairperson, CEO, and CFO. The company has also announced a board meeting on August 12, 2025, to approve the unaudited financial results. The trading window for company securities has been closed since July 1, 2025, and will reopen 48 hours after the results declaration.
28Jul 25
Laxmi Dental Expands into AI Dentistry with 58% Stake Acquisition in AI Dent Global
Laxmi Dental Limited has approved the acquisition of a 58% stake in IDBG AI Dent Global Private Limited (AI Dent), a DPIIT-recognized startup, for Rs 2.05 crore. The investment includes purchasing equity shares and subscribing to compulsorily convertible preference shares. AI Dent specializes in AI-powered dental image analysis and X-ray analysis software. The deal is expected to be completed by September 30, 2025. Additionally, Laxmi Dental has reconstituted its Nomination and Remuneration Committee with three independent directors.
21Jul 25
Laxmi Dental's Lock-in Period Ends, Freeing Up 37% of Shares for Trading
Laxmi Dental's six-month shareholder lock-in period has ended, making 2.06 crore shares (37% of equity) eligible for trading. Promoters hold 41.70% stake, followed by mutual funds at 11.89%, foreign institutions at 6.68%, and retail shareholders at 4.50%. Key investors include HSBC, HDFC, Invesco Mutual Funds, Abu Dhabi Investment Authority, and Goldman Sachs. Motilal Oswal initiated coverage with a 'buy' recommendation, projecting a 26% upside. The stock rose 12%, closing at ₹484.00, above its IPO price of ₹428.00 but still 17% below its post-listing high.
27May 25
Laxmi Dental Reports Mixed Q4 Results: Revenue Up, Profit Down
Laxmi Dental's Q4 financial results show a 10.62% increase in consolidated revenue to 604.00 million rupees. However, net profit declined by 42.67% to 43.00 million rupees. EBITDA decreased to 96.00 million rupees, with the EBITDA margin dropping to 15.84% from 21.30% year-over-year. The company faces challenges in maintaining profitability despite revenue growth.
28Apr 25
Laxmi Dental Invests ₹40.91 Crore in Subsidiary Bizdent Devices, Signaling Expansion in Dental Industry
Laxmi Dental Limited is investing ₹40.91 crore in its wholly-owned subsidiary, Bizdent Devices Private Limited (BDPL), through a rights issue of 8,93,334 equity shares at ₹458 per share. The funds will be used for debt repayment and capital expenditure on new machinery. BDPL, incorporated in 2021, manufactures dental products and has shown significant growth, with turnover increasing from ₹4.95 crore in FY 2021-22 to ₹37.58 crore in FY 2023-24. The investment aligns with Laxmi Dental's recent financial growth, despite some cash flow challenges.
17Apr 25
Laxmi Dental to Boost Stake in US Subsidiary with $1 Million Investment
Laxmi Dental Limited plans to invest up to $1 million to increase its stake in its US-based subsidiary, Laxmi Dental Lab USA Inc., from 55.56% to 71.43%. The company will acquire 10,000 additional equity shares at $100 each, based on an Investment Agreement dated December 24, 2024. This strategic move aims to strengthen Laxmi Dental's presence in the American dental prosthetics market. The company has obtained RBI approval for the overseas investment, complying with foreign exchange regulations.
16Apr 25
Laxmi Dental to Invest $1 Million in US Subsidiary, Boosting Ownership Stake
Laxmi Dental Limited plans to invest up to $1 million to increase its ownership in Laxmi Dental Lab USA Inc. from 55.56% to 71.43%. The company will acquire 10,000 equity shares at $100 per share, with RBI approval obtained for fund transfer. This strategic move aims to strengthen Laxmi Dental's presence in the US dental prosthetics market and capitalize on industry growth trends.
Laxmi Dental
280.35
-0.30
(-0.11%)
1 Year Returns:-49.08%
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