Mumbai: Laxmi Dental Limited, a leading integrated dental products company, has reported its unaudited financial results for the quarter ended June 30, 2025 (Laxmi Dental Q1 FY26), posting its highest-ever quarterly revenue.
Total revenue stood at ₹656 million, a 10% increase from ₹597 million in Q1 FY25. Profit After Tax (PAT), after share of profit/loss from joint ventures, reached ₹83.3 million, while EBITDA came in at ₹119.1 million. EBITDA and PAT margins stood at 18% and 13% respectively.
Also Read: Trust AI Raises USD 6 Million to Build Operating System for Future of Dentistry
Laxmi Dental Q1 FY26: Business Highlights
- Scanner Sales Drive Digital Push: In line with its digitalisation strategy, Laxmi Dental increased scanner sales during the quarter. While scanners have lower gross margins than the core dental products portfolio, they are viewed as strategic enablers for future growth.
- Kids-e-Dental Division: Laxmi Dental Q1 FY26 Posted ₹44 million in revenue. With new registrations in export markets, the segment is expected to deliver healthy growth in the coming quarters.
- ESOP Expenses: Non-cash ESOP expenses were ₹18.4 million for the quarter, projected at ₹63.4 million for FY26.
- Exceptional Item Impact: Q1 FY25 had a ₹66.2 million exceptional gain from a property sale, creating a higher base for comparison.
Rajesh Khakhar, Chairperson and Whole-Time Director, said: “Laxmi Dental Q1 FY26 delivered strong performance with net sales up 10% YoY to ₹656 million, despite competitive domestic conditions and global geopolitical challenges. We remain focused on quarter-on-quarter growth to achieve our full-year target of 20–25% revenue growth with a healthy margin profile.”
Also Read: Affordable Hospital Daily Cash Benefit Plan Rolled Out by SBI General and Starfin India
Sameer Merchant, Managing Director & CEO, added: “Aligner solutions grew 18% YoY, and dental lab services rose 8% YoY, excluding scanner sales. Scanners grew 26% YoY and are central to our digital dentistry strategy. With AI Dent, we aim to offer AI-powered dental imaging, X-ray analysis, and diagnostics, enhancing our value proposition.”
Founded in 2004, Laxmi Dental Limited is India’s only end-to-end integrated dental products manufacturer, with a presence in over 95 countries. Its portfolio includes custom crowns and bridges, clear aligners, thermoforming sheets, pediatric dental products, and other advanced dental solutions.
The company operates six manufacturing facilities and five supporting sites across India, with key operations in Maharashtra, Kerala, Delhi, Bengaluru, and Ahmedabad.
