Laxmi Dental Ltd
Incorporated in 2004, Laxmi Dental is an integrated dental products company offering a comprehensive portfolio of Dental Products[1]
- Market Cap ₹ 2,287 Cr.
- Current Price ₹ 535
- High / Low ₹ 584 / 525
- Stock P/E 162
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 8.98 %
- ROE 35.2 %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -44.9%
- Company has a low return on equity of 9.17% over last 3 years.
- Earnings include an other income of Rs.14.4 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Healthcare Industry: Healthcare
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 112 | 63 | 113 | 126 | 139 | |
| 110 | 59 | 109 | 119 | 128 | |
| Operating Profit | 3 | 4 | 4 | 6 | 12 |
| OPM % | 3% | 7% | 3% | 5% | 8% |
| 1 | 0 | 4 | 8 | 14 | |
| Interest | 3 | 3 | 3 | 4 | 5 |
| Depreciation | 6 | 6 | 7 | 9 | 9 |
| Profit before tax | -5 | -4 | -2 | 1 | 12 |
| Tax % | 5% | 9% | 116% | 0% | -85% |
| -5 | -4 | -4 | 1 | 23 | |
| EPS in Rs | -155.57 | -140.95 | -144.20 | 46.12 | 737.58 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 93% |
| TTM: | 2418% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| Last Year: | 35% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 |
| Reserves | 44 | 40 | 36 | 28 | 51 |
| 36 | 36 | 37 | 42 | 50 | |
| 28 | 29 | 33 | 37 | 31 | |
| Total Liabilities | 109 | 105 | 106 | 108 | 132 |
| 38 | 41 | 32 | 35 | 33 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 16 | 16 | 17 | 14 | 14 |
| 54 | 48 | 57 | 59 | 85 | |
| Total Assets | 109 | 105 | 106 | 108 | 132 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 10 | 10 | -1 | 10 | 5 | |
| -15 | -9 | 2 | -6 | -6 | |
| 6 | -1 | -1 | -1 | -2 | |
| Net Cash Flow | 0 | 1 | -1 | 3 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 90 | 95 | 73 | 85 | 88 |
| Inventory Days | 189 | 377 | 207 | 162 | 167 |
| Days Payable | 184 | 310 | 156 | 151 | 82 |
| Cash Conversion Cycle | 95 | 162 | 123 | 95 | 172 |
| Working Capital Days | 68 | 79 | 74 | 76 | 121 |
| ROCE % | 0% | 1% | 6% | 9% |
Leading Dental Company[1]
Laxmi Dental is the only end-to-end integrated dental products company in India. Based on FY23 revenue & PAT, the company is the largest and most profitable vertically integrated, indigenous B2B2C dental aligner solutions provider.