Laxmi Dental Limited FY25 PAT up by 26.2% to INR 318 million

National, 29th May 2025: Laxmi Dental Limited , a leading integrated dental products company, announced its Audited Financial Results for the quarter and full year ended March 31st, 2025. The company’s FY25 PAT jumps 26% to INR 318.3 million as against INR 252.3 million in FY24. It reported revenue of INR 2,391.1 million FY25 as compared to INR 1935.6 million in FY24, marking an increase of 23.5% year-on-year.

EBITDA stood at INR 418.7 million in FY25 as compared to INR 237.9 million in FY24, reflecting a 76% growth year-on-year.

Key financial highlights for FY 2024 – 2025:

• Kids-e-Dental
• Q4FY25 revenue: INR 47 million
• FY25 revenue: INR 263 million
• As guided in the previous quarter, the company continues to see softness in this business impacting the Revenue and PAT growth for Q4 FY25
• With registrations in export markets, this business is expected to deliver exceptional growth in the following years
• Other expenses include INR 4.5 million of additional costs pertaining to IDS event which takes place once in every 2 years. This is expected to yield long term benefits
• Increase in employee cost is primarily due to the ESOP expenses which is non-cash in nature
• Q4FY25: INR 17.5 million / FY25: INR 21.1 million
• For FY26 it is expected to be INR 63.4 million
• Due to above mentioned IDS and ESOP related expenses, margins were impacted in Q4 FY25
• For better comparability, one can look at the Adjusted EBITDA which includes – Reported EBITDA, 60% of Kids-e-dental PAT, IDS event expenses and ESOP expenses.

 Commenting on the results, Rajesh Khakhar, Chairperson & Whole-Time Director, Laxmi Dental Limited, said, “We are delighted to report that our performance for FY25 has been remarkable. We achieved 24% YOY revenue growth, reaching INR 2,391 million, while maintaining a robust gross profit margin of 76%. Our EBITDA and PAT margins stood at 17.5% and 13.3%, respectively. Notably, we achieved our full-year targets, and recorded our highest ever annual performance in terms of Revenue, EBITDA, and PAT.

For a better understanding of our profitability picture, Adjusted EBITDA (which includes – Reported EBITDA, 60% of Kids-e-dental PAT, IDS event expenses and ESOP expenses) should be considered. It stood at INR 516 million for FY25.

In Q4 FY25, we participated in International Dental Show (IDS) in Cologne, Germany, a premier global event for the dental industry, showcasing cutting-edge innovations and attracting exhibitors from all over the world.

As planned, we have started deploying our IPO proceeds towards business expansion by ordering additional scanners, the latest machines and investments towards improvement of automation and digitalization. We have also significantly reduced our debt, thereby strengthened our balance sheet and anticipating lower interest costs in the upcoming years.

Laxmi Dental is well positioned to deliver exponential grow by continuously expanding our product reach and increasing our wallet share with existing dentists, with a focus towards higher digital penetration.”