1. At a Glance
India’s only vertically integrated dental products company, Laxmi Dental, just reported ₹239 Cr in FY25 revenue and ₹32 Cr PAT. With ROE of 22.5% and 58% profit CAGR over 5 years, this ortho-tech upstart has teeth. But with a P/E of 98.6, it better keep flossing flawlessly.
2. Introduction with Hook
If Invisalign and Mamaearth had a B2B Indian baby, it would probably look like Laxmi Dental—a company making aligners, dental consumables, and enough news to keep regulators AND retail investors awake.
Between a ₹40 Cr Bizdent acquisition, increasing its US subsidiary stake, and dealing with CBI + IT dept drama, this dental darling is a high-growth molar with a few cavities.
- FY25 Revenue: ₹239 Cr
- FY25 PAT: ₹32 Cr
- ROE: 22.5% | ROCE: 18.7%
- Stock P/E: 98.6x
3. Business Model (WTF Do They Even Do?)
B2B2C dental-tech manufacturer. Fully integrated—from aligner design & manufacturing to marketing dental products across clinics, exports, and now with US expansion.
Product
