Laxmi Dental Ltd. · NSE:LAXMIDENTL
Laxmi Dental — Q2 FY2026 Earnings Presentation
44 slides from Laxmi Dental's earnings presentation, Nov 11, 2025
Slide 1: Exchange filing cover letter
formerly known as Laxmi Dental Export Private Limited Registered Office: 103, Akruti Arcade, Opposite A H Wadia High School, Near Azad Nagar Metro Station, Andheri (West), Mumbai –400058. Tel: 022 61437991 | Email: info@laxmidentallimited.com | Website: www.laxmidentallimited.com CIN No: L51507MH200
Slide 2: Q2FY26 Investor Presentation
Q2FY26 Investor Presentation November 2025
Slide 3: Safe harbour
Safe harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Laxmi Dental Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securit
Slide 4: Table of contents
Table of contents 01 Performance Highlights 02 Industry Overview 03 Business Overview 04 Strategies 05 Financial & Operational Performance 06 Annexures 3
Slide 5: Performance Highlights
01 Performance Highlights 4
Slide 6: Management commentary
Performance Highlights Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Management commentary “Q2FY26 marked another quarter with strongest ever sales for Laxmi Dental, growing 26.5% YoY. Despite global uncertainties, our resilient business model and strat
Slide 7: Statement of Profit & Loss
Performance Highlights Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Statement of Profit & Loss Figures in INR mn Consolidated P&L (INR Mn) Q2FY26 Q2FY25 YoY Q1FY26 QoQ H1FY26 H1FY25 YoY • Highest ever quarterly revenue in Q2FY26, Revenues1 722.7 571.2
Slide 8: Financial performance
Performance Highlights Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Financial performance (INR mn) Revenue from operations1 EBITDA & adjusted EBITDA3 PAT & PAT margin 100% Revenue - Paediatric: Kids-E-Dental2 EBITDA Adjusted EBITDA 10.3% 12.7% 11.8% 72
Slide 9: Revenue Mix
Performance Highlights Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Revenue Mix (INR mn) Laboratory offerings* Aligner Solutions* Scanner Sales International Domestic Bizdent Vedia +30% 409 386 +12% 315 185 Q2FY26 176 200 178 185 133 +95% 93 103 104 89
Slide 10: Revenue Mix (Including Scanners)
Performance Highlights Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Revenue Mix (Including Scanners) (INR mn) Laboratory offerings Aligner Solutions +43% +6% 497 444 202 191 186 348 185 176 104 93 103 133 Q2FY26 225 210 182 74 92 97 33 58 88 13 1 2 Q2F
Slide 11: Statement of assets and liabilities
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Statement of assets and liabilities Figures in INR mn Particulars (As at) 30-Sep-25 31-Mar-25 Particulars (As at) 30-Sep-25 31-Mar-25 ASSETS EQUITY AND LIABILITIES 1) Equity 1) Non-Current
Slide 12: Statement of cash flows
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Statement of cash flows Figures in INR mn Particulars (As at) H1FY26 H1FY25 Profit before tax 190.2 202.9 Adjustments (69.6) (28.6) Operating profit before working capital changes 259.8 231
Slide 13: Industry Overview
02 Industry Overview
Slide 14: Dental disease burden is high globally and dental care underpenetrated in India
Performance Highlights Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Dental disease burden is high globally and in India, dental care is underpenetrated Global case number for select non-communicable diseases (mn), 2019 Oral disease burden in India and
Slide 15: The market for Laxmi Dental's offerings is sizeable and growing
Performance Highlights Industry Overview Business Overview Strategies Financial & Operational Performance Annexures The market for Laxmi Dental’s offerings are sizeable and growing Global custom-made crowns and bridges market1 Global clear aligner market Global paediatric dental crown market (US$ bn
Slide 16: Business Overview
03 Business Overview 1 5
Slide 17: India's only end to end integrated dental products company
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Laxmi Dental - India’s only end to end integrated dental products company1 Key Stats Domestic Manufacturing of crowns, bridges & prosthesis for Dental Network in 20+ 22,000+ Laboratory Indi
Slide 18: Laxmi Dental – Key highlights
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Laxmi Dental – Key highlights 01 04 The only integrated dental products Large Dental Network providing us company in India, well-positioned to with competitive advantage in the capture indu
Slide 19: Evolved into an end-to-end dental company
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Evolved into an end-to-end dental company with a comprehensive portfolio of dental products July 2004 2019 2023 Launched Incorporated as ‘Laxmi Dental Export Private Established Vedia Solut
Slide 20: Only integrated dental products company in India
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Only integrated dental products company in India, well-positioned to capture industry 1 tailwinds Comprehensive product portfolio Custom-made Fixed Prosthesis Removable Prosthesis Thermo-fo
Slide 21: Second largest domestic laboratory business and largest export laboratory
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures 2 Second largest player in domestic laboratory business and largest export laboratory Global custom-made crowns & bridges market Highly fragmented dental labs in India, shift from unorganis
Slide 22: Shift towards premium metal-free crowns
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures 2 Shift towards premium products, with a significant rise in the share of metal-free crowns Crowns made of Zirconia increasingly being preferred by dentists and patients Laxmi Dental’s dome
Slide 23: Increased adoption of digital dentistry
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures 2 Increased adoption of digital dentistry enabling reduced turnaround time and costs Increasing usage of Intraoral Scanners (IOS): Laxmi Dental has employed more than 160 intraoral scanners
Slide 24: Consumer emphasis on aesthetics driving growth for aligners
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Consumer emphasis on aesthetics & rising disposable income driving growth for 2 aligners Global clear aligner market Increasing acceptance for clear aligners (US$ bn) CAGR 15% 54.9 Particul
Slide 25: Largest and most profitable B2B2C indigenous dental aligner company
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Laxmi Dental - largest and most profitable B2B2C indigenous dental aligner 2 company1 Business models of clear aligner sales B2B2C - effective way to penetrate the existing pool of dentists
Slide 26: Vertically integrated aligner manufacturing and Taglus branded sales
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Vertically integrated approach to clear aligners manufacturing and additional 2 branded sales through ‘Taglus’ Global aligner sheet market Laxmi Dental is one of the very few manufacturers
Slide 27: The only Indian co. specialized in paediatric dental products
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures 2 The only Indian co. specialized in paediatric dental products1 Global paediatric dental crown market Indian paediatric dental crown market Materials used in dental crowns (US$ bn) (US$ mn
Slide 28: Efforts to establish a well-recognized brand
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures 3 Engaging in efforts to establish a well-recognized brand Laxmi Dental’s branded product portfolio Lab Business Aligner Business Paediatric Business Increasing share of revenues from brand
Slide 29: Focus on Advertisement and Promotional Activities
Performance Highlights Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Focus on Advertisement and Promotional Activities IDS Event Germany Celebrity Endorsements Advertisement in IPL The International Dental Show 28
Slide 30: Multi-channel approach in marketing
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures 3 Engaging in efforts to establish a well-recognized brand Multi-channel approach in marketing B2C B2B ➢ Print ➢ Key opinion leaders’ tie-ups ➢ Electronic Media ➢ In-clinic branding (ICB) ➢
Slide 31: Large Dental Network providing competitive advantage
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures 4 Large Dental Network providing competitive advantage in the market Global presence Laxmi Dental’s geographical spread 1,295 1,589 1,915 2,366 7.1% 5.7% 5.9% 6.1% 6.3% 7.3% 7.2% 7.6% 18.6%
Slide 32: Technologically advanced capabilities with regulatory compliance
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Robust technologically advanced capabilities with stringent regulatory compliance 5 ensuring high quality standards 6 3 2 1 Snapshot of facilities Mira Road, MH Boisar, MH Kochi, Kerala Mfg
Slide 33: Experienced management team (1/2)
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures 6 Experienced management team with significant industry experience…(1/2) Promoters Rajesh Vrajlal Khakhar Sameer Kamlesh Merchant Dharmesh Dattani Chairperson and Whole-Time Managing Direct
Slide 34: Experienced management team (2/2)
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures 6 Experienced management team with significant industry experience…(2/2) Directors KMP & SMP • Passed the final examinations for a bachelor's degree in commerce (Hons.), a • Bachelor’s degr
Slide 35: Strategies
04 Strategies 3 4
Slide 36: Corporate strategies
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Corporate strategies Deepen our penetration amongst existing Dental Network while also 1 expanding our Dental Network Enhance manufacturing capacities 4 with increasing focus on automation
Slide 37: Financial & Operational Performance
Financial & Operational 05 Performance 36
Slide 38: Financial performance
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Financial performance Revenue from operations1 Revenue by segment (INR mn) Paediatric - Kids-E-Dental2 Laboratory business Aligners 22% 82% Domestic International Bizdent Vedia 2,391 18% 46
Slide 39: Statement of profit and loss
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Statement of profit and loss Figures in INR mn Consolidated P&L (INR mn) FY25 FY24 FY23 FY22 1 Revenue from operations 2,391.1 1,935.6 1,616.3 1,368.4 Cost of Goods Sold 572.4 484.9 418.0 3
Slide 40: Statement of assets and liabilities
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Statement of assets and liabilities Figures in INR mn Particulars (As at) 31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22 Particulars (As at) 31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22 ASSETS EQUITY A
Slide 41: Statement of cash flows
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Statement of cash flows Figures in INR mn Particular (Rs. Mn) Mar-25 Mar-24 Mar-23 Mar-22 Profit before tax 310.2 69.2 (45.8) (161.6) Adjustments (133.8) (178.2) (153.1) (232.2) Operating p
Slide 42: Annexures
06 | Annexures
Slide 43: Abbreviations
Executive Summary Industry Overview Business Overview Strategies Financial & Operational Performance Annexures Abbreviations Term Description B2B Business-to-Busines B2B2C Business-to-Business-to-Consumer B2C Business-to-Consumer CAGR Compounded Annual Growth Rate CAD Computer Aided Design CAM Compu
Slide 44: Company and investor relations contacts
Company: CIN: L51507MH2004PLC147394 Mr. Dharmesh Dattani Email id: co.sec@laxmidentallimited.com Investor Relations Advisor: Strategic Growth Advisors Pvt Ltd. CIN: U74140MH2010PTC204285 Dharmik Kansara / Shikha Puri Email id: dharmik.k@sgapl.net / shikha.puri@sgapl.net Tel No: +91 7208179323 / +91