Laxmi Dental Ltd
Incorporated in 2004, Laxmi Dental is an integrated dental products company offering a comprehensive portfolio of Dental Products[1]
- Market Cap ₹ 2,298 Cr.
- Current Price ₹ 538
- High / Low ₹ 584 / 525
- Stock P/E 91.9
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 18.8 %
- ROE 135 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
Cons
- Promoter holding has decreased over last quarter: -44.9%
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 150 | 92 | 137 | 162 | 194 | |
| 146 | 88 | 130 | 152 | 169 | |
| Operating Profit | 3 | 4 | 7 | 9 | 25 |
| OPM % | 2% | 5% | 5% | 6% | 13% |
| 2 | 0 | -10 | 2 | -0 | |
| Interest | 3 | 3 | 4 | 4 | 6 |
| Depreciation | 7 | 6 | 8 | 11 | 12 |
| Profit before tax | -4 | -4 | -16 | -5 | 7 |
| Tax % | 5% | 8% | 15% | 4% | -136% |
| -5 | -5 | -19 | -4 | 25 | |
| EPS in Rs | -154.92 | -156.22 | -596.62 | -128.94 | 804.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 198% |
| TTM: | 787% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 135% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 6 |
| Reserves | 37 | 33 | 9 | 6 | 31 | 61 |
| 37 | 39 | 50 | 50 | 61 | 47 | |
| 31 | 34 | 43 | 40 | 42 | 44 | |
| Total Liabilities | 106 | 106 | 103 | 97 | 135 | 158 |
| 39 | 42 | 40 | 40 | 46 | 47 | |
| CWIP | 0 | 7 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 6 | 7 |
| 66 | 56 | 63 | 56 | 83 | 105 | |
| Total Assets | 106 | 106 | 103 | 97 | 135 | 158 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 12 | 10 | -2 | 14 | 8 | |
| -18 | -9 | 3 | -10 | -15 | |
| 6 | -0 | -4 | -1 | 1 | |
| Net Cash Flow | 0 | 0 | -3 | 3 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 64 | 64 | 54 | 46 | 47 |
| Inventory Days | 186 | 305 | 272 | 212 | 186 |
| Days Payable | 197 | 273 | 245 | 197 | 119 |
| Cash Conversion Cycle | 54 | 96 | 81 | 61 | 114 |
| Working Capital Days | 50 | 57 | 56 | 40 | 52 |
| ROCE % | 3% | -1% | 1% | 19% |
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.