Laxmi Dental

About the Company

Laxmi Dental Limited, incorporated in July 2004, is an integrated dental products company with over 20 years of experience. Its offerings include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, aligner-related products, and pediatric dental items. According to the F&S Report for Fiscal 2024, it ranks among the top two largest Indian dental laboratories by revenue. The company is one of the few in India manufacturing and supplying thermoforming sheets, thermoforming machines, dental consumables, and biocompatible resins for 3D printing. These products are marketed under the ‘Taglus’ brand and are specifically designed for the production of clear aligners.

Strengths

• India’s only integrated dental products company leveraging industry growth.
• Second-largest domestic lab and leading exporter with a digital focus.
• A vertically integrated portfolio of diverse branded dental products.
• An extensive dental network offers a significant market advantage.
• Advanced technology and strict compliance ensure high-quality standards.

Risks

• Consolidated past losses, negative EPS, and asset write-offs.
• Success depends on dental network expansion and clinic share growth.
• Geographic business concentration increases vulnerability to regional losses.
• Mumbai manufacturing disruptions could impact operations and finances.
• Import/export reliance and overseas challenges risk business growth.
• Poor growth management or strategy execution may affect performance.
• Legal proceedings involving leadership could harm operations and finances.