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Laxmi Dental Ltd Q3 FY25 Results

LAXMIDENTLQ3 FY25 Results
Filing
MetricValue ( Cr)
Revenue61.66
Total Income62.25
Expenditure57.53
PBT4.71
Net Profit4.82
OPM-2.21%
NPM5.85%
EPS0.88
View full financials

Laxmi Dental Reports 290% YoY Revenue Growth in Q3FY25 and 28.8% for 9MFY25

14 Feb 2025 · 14 Feb 2025, 07:21 am

Summary

Laxmi Dental Limited, a leading integrated dental products company, announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a YoY revenue growth of 290% and 28.8% for Q3FY25 and 9MFY25 respectively. Gross Profit Margin stood at 73.9% for both Q3FY25 and 9MFY25. The company expects to record ESOP expenses of INR 22 mn and INR 64 mn for FY25 and FY26 respectively. Post IPO, the company has repaid approx. INR 126 mn of its borrowings in Q4FY25 and plans to bring down debt to marginal levels by the end of FY25. The management expects to close the current financial year with revenue of around INR 2,400 Mn with PAT margin of 13% to 15%.

Key Highlights

  1. 1

    Q3FY25 revenues at INR 616.6 mn, up 290% YoY

  2. 2

    9MFY25 revenues at INR 17844 mn, up 28.8% YoY

  3. 3

    Gross Profit Margin at 73.9% for both Q3FY25 and 9MFY25

  4. 4

    Expected ESOP expenses of INR 22 mn for FY25 and INR 64 mn for FY26

  5. 5

    Post IPO, approx. INR 126 mn borrowings repaid in Q4FY25, aiming to bring down debt to marginal levels by end of FY25

Management Comments

M

Management of Laxmi Dental Ltd

We are pleased to see such an amazing response to our IPO. We thank all the shareholders for reposing their faith in us. We welcome our new shareholders & congratulate all stakeholders for the successful listing. We expect to close the current financial year with revenue of around INR 2,400 Mn with PAT margin of 13% to 15%.

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