MarketFriction

Laxmi Dental Ltd

NSE LAXMIDENTL · BSE 544339 · Medical Equipment & Supplies
₹193.87 +1.28%
NSE close2026-10-01
52 week range155.88 - 344.80
Market cap₹1,058 Cr.
P/E30.4
IPO 2025 · -55% since Price band 20% Delivery 58.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4855605762616672667475
Expenses4443464852515461596060
Operating Profit4121491010121171414
OPM %8%21%23%15%16%16%18%15%11%18%19%
Other Income-0-0611222-422
Interest11112100000
Depreciation33334444444
Profit before tax-1716556109-11112
Tax %-140%16%11%23%23%41%24%20%-175%4%21%
Net Profit28176548921010
EPS in Rs74.05243.916.042.120.930.781.531.550.361.831.87
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales15092137162194239278287
Expenses14688130152169196234241
Operating Profit347924434446
OPM %2.3%4.6%4.8%6%13%18%16%16%
Other Income20-10201033
Interest33446621
Depreciation7681112151617
Profit before tax-4-4-16-57312931
Tax %5%8%15%4%-136%21%9%
Net Profit-5-5-19-425322931
EPS in Rs-154.92-156.22-596.62-128.94804.815.785.275.61
Dividend Payout %0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%25%20%17%
Compounded Profit Growth%103%124%50%
Stock Price CAGR%%%-40%
Return on Equity%18%22%15%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.310.310.310.310.311111
Reserves37339631198232
Borrowings37395050612013
Other Liabilities31344340466040
Total Liabilities10610610397139288297
Fixed Assets39424040465163
CWIP0700000
Investments000061027
Other Assets6656635687227207
Total Assets10610610397139288297
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1210-214844-5
Cash from Investing Activity-18-93-10-11-29-78
Cash from Financing Activity6-0-4-1-3111-18
Net Cash Flow00-33-5125-101
Free Cash Flow-50-05-528-23
CFO/OP357%226%-30%157%38%109%4%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days64645446475660
Inventory Days186305272212397156
Days Payable19727324519758568
Cash Conversion Cycle5496816147-132147
Working Capital Days133-3-13037182
ROCE %3%-1%1%18%19%15%
Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters41.70%41.70%41.70%41.70%41.77%41.80%
FIIs34.24%33.59%32.39%32.45%31.20%30.10%
DIIs12.86%14.30%11.85%10.82%10.52%10.89%
Public11.19%10.39%14.05%15.01%16.50%17.21%
No. of Shareholders29,48227,95737,90938,63538,16136,937

Fundamentals

Market Cap₹ 1,058 Cr.
Current Price₹ 192
Stock P/E30.4
Book Value₹ 44.3
ROCE15.0 %
ROE14.8 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)50%
Consolidated figures.
Valuation
Market capRs 1,066 Cr
Enterprise valueRs 1,115 Cr
P/E (TTM)34.50x
Price to book172.73x
Price to sales3.71x
EV / EBITDA22.65x
EV / EBIT34.21x
EV / sales3.88x
Price to cash flow73.81x
Earnings yield2.90%
Profitability
Operating margin (excl. other income)5.79%
Operating margin (incl. other income)6.74%
EBITDA margin17.15%
Pre-tax margin10.93%
Net profit margin10.76%
Net margin, latest quarter13.79%
ROE-50.86%
ROCE-0.17%
ROA-3.98%
ROE, 3-year average-50.48%
ROCE, 3-year average-6.99%
ROA, 3-year average-8.72%
ROIC (approx.)61.79%
Tax rate-4.16%
Other income / net worth24.80%
Growth
Sales growth (latest year)18.12%
Sales CAGR, 3 years2.57%
Sales growth QoQ1.01%
Profit growth QoQ2.18%
Sales growth YoY (latest quarter)13.87%
Profit growth YoY (latest quarter)22.77%
Per share
EPS (TTM)Rs 5.62
EPS (latest year)Rs -128.93
EPS (latest quarter)Rs 1.87
EPS, 3-year averageRs -293.91
Book value per shareRs 1.12
Sales per shareRs 52.20
Cash flow per shareRs 2.63
Free cash flow per shareRs -4.18
Efficiency
Asset turnover1.67x
Fixed asset turnover4.03x
Inventory turnover2.10x
Inventory days174 days
Debtor days46 days
Debtors turnover7.92x
Creditor days68 days
Cash conversion cycle147 days
Working capital days182 days
Leverage
Total debtRs 50 Cr
Cash and bankRs 2 Cr
Net debtRs 49 Cr
Debt to equity8.16x
Net debt / EBITDA0.99x
Interest coverage26.93x
Current ratio (filing 2026-03-31)6.21x
Quick ratio (filing 2026-03-31)5.51x
Trade payables (filing 2026-03-31)Rs 11 Cr
Owners' fund to total sources6.39%
Debt to assets52.13%
Cash flow
Cash from Operating Activity (latest year)Rs 14 Cr
Cash from Investing Activity (latest year)Rs -10 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -23 Cr
FCFE (approx.: FCF + change in debt)Rs -23 Cr
Cash from ops / profit, 5 years0.94x
Sales to cash flow11.19x
Statement figures
Net sales (TTM)Rs 287 Cr
Net sales (latest year)Rs 162 Cr
Sales (latest quarter)Rs 75 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Operating profit (latest quarter)Rs 14 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 49 Cr
PBDT (TTM)Rs 48 Cr
Profit before tax (TTM)Rs 31 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 31 Cr
Net profit (latest year)Rs -4 Cr
Net profit (latest quarter)Rs 10 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 51 Cr
Total expenditure (latest year)Rs 152 Cr
Total income (latest year)Rs 163 Cr
Share capitalRs 0 Cr
ReservesRs 6 Cr
Shareholders' fundsRs 6 Cr
Total assetsRs 97 Cr
Net blockRs 40 Cr
InvestmentsRs 0 Cr
ReceivablesRs 20 Cr
InventoryRs 24 Cr
Other liabilitiesRs 40 Cr
Shares outstanding (crore)5.50
Ownership
Promoter holding41.80% (+0.10 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodLAXMIDENTLNifty 50Difference
1 week-1.6%-2.8% +1.2 pts
1 month+0.5%-6.8% +7.3 pts
3 months-15.0%-7.6% -7.4 pts
6 months+22.5%+0.4% +22.1 pts
1 year-39.7%-9.9% -29.8 pts
18 mutual fund schemes hold about ₹105 Cr. Over three months 2 bought more and 8 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Healthcare Fund-0.67%47 +2%
UTI Healthcare Fund0.98%14 +12%
HDFC Pharma and Healthcare Fund0.38%13 -19%
Bank of India Small Cap Fund0.27%9 -20%
Tata ELSS-Tax Saver Fund0.12%5 -1%
DSP Healthcare Fund0.14%5 -7%
WOC Multi Cap Fund0.06%2 -10%
WOC Pharma and Healthcare Fund0.24%2 +33%
HDFC Consumption Fund0.21%2 -0%
Kotak Healthcare Fund0.17%1 -79%
Tata India Innovation Fund0.07%1 +5%
WOC Balanced Advantage Fund0.03%1 -3%
WOC Multi Asset Allocation Fund0.01%1 -6%
ICICI Pru Exports & Services Fund0.03%1 -92%
ICICI Pru Exports & Services Fund0.03%0 -92%
Bank of India Conservative Hybrid Fund(A0.12%0 +2%
WOC Balanced Hybrid Fund0.01%0 +2%
Bandhan BSE Healthcare Index Fund0.02%0 -4%

Red flags

F-score 6 of 8
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹75 Cr +13.6% vs Jun 2025. Net profit ₹10 Cr +25.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-09-29Shareholder meetingVoting results.
2026-09-25Shareholder meetingProceedings of Annual General Meeting held on September 25, 2026
2026-09-23Concall / analyst meetSchedule of meet
2026-09-23Concall / analyst meetSchedule of meet
2026-09-18General UpdatesGeneral Updates
2026-09-04Concall / analyst meetSchedule of meet
2026-09-03Shareholder meetingNotice of Annual General Meeting to be held on September 25, 2026
2026-08-31General UpdatesGeneral Updates
2026-08-27ESOPAllotment of 7911 Equity Shares of INR 2 each under Laxmi Dental Stock Options Scheme 2024.
2026-08-27Board meeting outcomeOutcome of Board Meeting held on August 27, 2026.
2026-08-19Concall / analyst meetTranscript
2026-08-12Concall / analyst meetLink of Recording
2026-08-11Monitoring Agency ReportMonitoring Agency Report for quarter ended June 30, 2026.
2026-08-11ESOPForfeiture/Cancellation of 1636 Options.
2026-08-11Press ReleaseA press release dated August 11, 2026, titled "Intimation of Press Release".
2026-08-11ESOPAllotment of 59360 Equity Shares of INR 2 each under Laxmi Dental Stock Option Scheme 2024.
2026-08-11Investor PresentationInvestor Presentation
2026-08-11Board meeting outcomeLaxmi Dental Limited has submitted to the Exchange, the unaudited financial results (Consolidated and Standalone) for the period ended Jun 30, 2026.
2026-08-07Concall / analyst meetSchedule of meet
2026-07-10General UpdatesGeneral Updates
2026-06-30Concall / analyst meetSchedule of meet
2026-06-18Concall / analyst meetSchedule of meet
2026-06-17Disclosure under SEBI TakeovDharmesh Dattani has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial ...
2026-05-30Concall / analyst meetTranscript
2026-05-22Concall / analyst meetLink of Recording
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Laxmi Dental Ltd?

Laxmi Dental Ltd (LAXMIDENTL) has a market capitalisation of Rs 1,058 Cr. at the 2026-10-01 close.

What is the P/E ratio of Laxmi Dental Ltd?

Laxmi Dental Ltd trades at a P/E of 30.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Laxmi Dental Ltd's latest quarterly results?

In the Jun 2026 quarter, Laxmi Dental Ltd sales was Rs 75 Cr (+13.6% vs Jun 2025) and net profit was Rs 10 Cr.

What is the 52-week high and low of Laxmi Dental Ltd?

The 52-week high is Rs 344.80 and the 52-week low is Rs 155.88.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03