Outcome of Board Meeting of Laxmi Dental Limited held on Thursday, May 21, 2026 for approval of audited financial results (standalone and consolidated) for the quarter and financial year ....
LAXMIDENTL · price
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Laxmi Dental Limited reported standalone revenue growth of 21.8% to ₹2,060.37 million in FY26 from ₹1,691.57 million in FY25. However, standalone PAT declined 25% to ₹193.37 million from ₹257.75 million due to an exceptional charge of ₹51.56 million for gratuity provisions under new Labour Codes. Consolidated revenue grew 14.8% to ₹2,715.03 million with consolidated PAT from continuing operations at ₹264.30 million vs ₹253.75 million. The auditor issued an unmodified (clean) opinion. The company has a pending merger of its wholly-owned subsidiary Bizdent Devices Private Limited. IPO proceeds of ₹1,281.70 million remain partially unutilized with ₹546.63 million in fixed deposits.
Standalone PAT decline of 25% and EPS drop from ₹4.92 to ₹3.52 signals margin pressure from the one-time labour code charge, though the underlying operational revenue growth remains healthy at ~20%. The significant negative operating cashflow of ₹-352.59 million warrants monitoring.