Laxmi Dental Ltd. (LAXMIDENTL.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-25.5%

₹136.58

vs ₹183.42 price

Levered DCF

-₹29.85

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	33.68×	69.48×	107.74×	-764.65×	-164.84×	-19.69×
P/B	4.01×	10.59×	62.88×	170.07×	143.65×	2.13×
P/S	3.51×	9.34×	13.8×	19.04×	23.37×	1.02×
EV / EBITDA	22.6×	40.93×	107×	282.97×	479.88×	20.69×
Gross margin	28.0%	31.0%	76.8%	21.8%	17.0%	66.9%
Operating margin	9.9%	11.7%	6.6%	-2.7%	-7.0%	28.1%
Net margin	10.4%	13.4%	12.8%	-2.5%	-14.2%	-5.2%
Current ratio	6.13×	3.3×	1.03×	0.93×	1.01×	1.07×
Debt / equity	0.05×	0.09×	1.17×	2.18×	1.84×	0.61×
Interest coverage	20.15×	4.5×	2.58×	-1.04×	-2.54×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	11.9%	15.2%	58.3%	-22.3%	-87.2%	-10.8%
Return on invested capital	9.5%	9.9%	12.9%	-6.8%	-13.8%	35.1%
Return on assets	9.9%	11.1%	18.4%	-4.1%	-17.9%	-4.5%
Free cash flow yield	-2.4%	1.3%	-0.2%	0.1%	-0.4%	0.3%
Earnings yield	3.0%	1.4%	0.9%	-0.1%	-0.6%	-5.1%
Enterprise value	₹9.8B	₹21.4B	₹27.2B	₹30.6B	₹30.6B	₹1.2B
Net debt / EBITDA	0.11×	-1.37×	1.93×	3.49×	5.89×	4.25×
Cash conversion cycle (days)	80	34	121	54	80	94