Laxmi Dental Ltd

Net profit of Laxmi Dental declined 43.01% to Rs 4.28 crore in the quarter ended March 2025 as against Rs 7.51 crore during the previous quarter ended March 2024. Sales rose 10.72% to Rs 60.42 crore in the quarter ended March 2025 as against Rs 54.57 crore during the previous quarter ended March 2024. For the full year,net profit rose 28.21% to Rs 31.77 crore in the year ended March 2025 as against Rs 24.78 crore during the previous year ended March 2024. Sales rose 23.56% to Rs 236.56 crore in the year ended March 2025 as against Rs 191.45 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales60.4254.57 11 236.56191.45 24 OPM %15.7721.42 -17.7012.43 - PBDT9.9010.59 -7 39.8220.55 94 PBT5.607.34 -24 24.808.61 188 NP4.287.51 -43 31.7724.78 28 Powered by Capital Market - Live

Net profit of Laxmi Dental declined 29.87% to Rs 4.18 crore in the quarter ended March 2025 as against Rs 5.96 crore during the previous quarter ended March 2024. Sales rose 7.74% to Rs 42.03 crore in the quarter ended March 2025 as against Rs 39.01 crore during the previous quarter ended March 2024. For the full year,net profit rose 13.52% to Rs 25.78 crore in the year ended March 2025 as against Rs 22.71 crore during the previous year ended March 2024. Sales rose 22.69% to Rs 169.16 crore in the year ended March 2025 as against Rs 137.88 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales42.0339.01 8 169.16137.88 23 OPM %17.5115.87 -15.488.17 - PBDT9.588.87 8 34.3221.41 60 PBT6.756.53 3 24.5012.29 99 NP4.185.96 -30 25.7822.71 14 Powered by Capital Market - Live

Laxmi Dental will hold a meeting of the Board of Directors of the Company on 26 May 2025.Powered by Capital Market - Live

Shares of Laxmi Dental spurted 32.57% n the four trading sessions from its recent closing low of Rs 327.10 on 3 March 2025. The stock hit an all time high at Rs 583.70 on 20 January 2025. The counter has jumped 37.56% from its 52 week low of Rs 312.95, hit on 28 February 2025. On the BSE, 1.40 crore shares were traded in the counter so far compared with average daily volumes of 29 Lakh shares in the past two weeks. The stock had underperformed the market over the past month, declining 7.86% as against Sensex's 4.48% decline. On the technical front, the stock's daily RSI (relative strength index) stood at 87.248. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. Shares of Laxmi Dental debuted on the domestic bourses on 20 January 2025. The scrip was listed at a price of Rs 550.65 apiece, at a premium of 23.36% to its issue price of Rs 428 per share. Laxmi Dental is an integrated dental products company. It offers a comprehensive portfolio of dental products, including custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The firm reported a consolidated net profit of Rs 22.74 crore and sales of Rs 116.78 crore for the six months ended on 31 September 2024.Powered by Capital Market - Live

The stock has fallen 24.32% in nine sessions, from its recent closing high of Rs 494.55 recorded on 04 February 2025. In the last on month, the stock has dropped by 32.31% while the benchmark S&P BSE Sensex and the S&P BSE SmallCap index have lost 1.02% and 13.92%, respectively. The scrip had debuted on the domestic bourses at a price of Rs 550.65 apiece, at a premium of 23.36% to its issue price of Rs 428 per share. It is currently down 29.1% from that level. The initial public offer (IPO) of Laxmi Dental was subscribed 114.42 times.The issue opened for bidding on 13 January 2025 and it closed on 15 January 2025. The price band of the IPO was fixed between Rs 407 and 428 per share. The IPO comprised a fresh issue of equity shares worth up to Rs 138 crore and an offer for sale of 1,30,85,467 equity shares aggregating up to Rs 560.06 crore by existing shareholders. The objectives of the fresh issue include Rs 22.98 crore for the repayment or prepayment of certain outstanding borrowings, Rs 4.6 crore for investment in certain subsidiaries, Rs 43.5 crore for funding the capital expenditure requirements for the purchase of new machinery, Rs 25 crore for investment in the subsidiary, Bizdent Devices, for its capital expenditure requirements, and the remaining amount for general corporate purposes. Ahead of the IPO, Laxmi Dental on 10 January 2025 had raised Rs 314.12 crore from anchor investors. The board allotted 73.39 lakh shares at Rs 428 each to 31 anchor investors. Laxmi Dental is an integrated dental products company. It offers a comprehensive portfolio of dental products, including custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The firm reported a consolidated net profit of Rs 22.74 crore and sales of Rs 116.78 crore for the six months ended on 31 September 2024. Powered by Capital Market - Live

Net profit of Laxmi Dental rose 110.53% to Rs 4.80 crore in the quarter ended December 2024 as against Rs 2.28 crore during the previous quarter ended December 2023. Sales rose 27.87% to Rs 60.47 crore in the quarter ended December 2024 as against Rs 47.29 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales60.4747.29 28 OPM %15.898.31 - PBDT8.672.80 210 PBT4.71-0.45 LP NP4.802.28 111 Powered by Capital Market - Live

Laxmi Dental will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live