Intimation of Press Release
LAXMIDENTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Laxmi Dental reported its highest-ever quarterly revenue of INR 739.5 Mn in Q4FY26, up 21.9% YoY. Full year FY26 revenue stood at INR 2,778.6 Mn, growing 16.2% YoY despite macroeconomic and geopolitical headwinds. However, EBITDA margin compressed to 15.6% in FY26 from 17.5% in FY25, impacted by US tariffs (72 bps impact), one-time labour code change expense of INR 57.8 Mn, and higher ESOP costs of INR 52.6 Mn vs INR 21.9 Mn in FY25. PAT for FY26 was INR 289.2 Mn, down 9.2% from INR 318.3 Mn in FY25 mainly due to the one-off expenses and a non-comparable FY25 base that included INR 70.3 Mn gain on property sale. A deferred tax credit of INR 32.3 Mn partially offset the headwinds.
Revenue growth is healthy but margin compression and PAT decline are concerning. The stock may face near-term pressure due to earnings contraction despite solid top-line growth, though sequential recovery in Q4 provides some support.