What we do Laxmi Dental Ltd manufactures dental products including custom crowns, bridges, clear aligners, and paediatric dental products, serving domestic and international markets. |
Founded in 2,004 |
Market share Among top two dental labs in India with leading export share; largest Indian dental aligner company by revenue and profit margin as of 2025. |
Problem solved Provides quality, reliable dental prostheses and aligners addressing dental restoration and aesthetic needs, improving treatment accessibility and efficiency. |
Top clients or who we serve Dental clinics, dentists, dental companies in India, USA, UK, and over 95 countries; B2B2C model serving dental professionals and patients. |
Key management Rajesh Vrajlal Khakhar (Chairman, Founder), Sameer Kamlesh Merchant (Managing Director & CEO) |
Our journey and innovations Founded in 2004, expanded manufacturing facilities, received multiple ISO certifications, launched India's first US FDA-cleared aligners, and listed on stock exchanges in 2025. |
Where we operate India, USA, UK, Europe, and other global markets spanning over 95 countries. |
Top products or what we offer Custom dental prostheses (Illusion Zirconia crowns/bridges), clear aligners (Illusion Aligners), thermoforming sheets, 3D printing resins, paediatric dental products. |
Top brands Illusion Zirconia - premium zirconia crowns/bridges; Illusion Aligners - first Indian US FDA cleared aligner; Taglus - thermoforming and 3D printing products. |
Raw materials needed Dental ceramics, zirconia, 3D printing resins, thermoforming sheets, metals, alloys, and silicone materials used in dental prosthetics. |
Raw materials supplier Not specified in data; likely includes specialized suppliers for dental-grade ceramics and polymers. |
Recurring vs cyclical contribution Majority revenue from recurring dental lab and aligner business; stable long-term demand in dental healthcare sector. |
Our industry position Second largest Indian dental lab by revenue; largest and most profitable indigenous aligner manufacturer; significant export presence. |
Financial highlights FY25 consolidated revenue INR 2391 million; PAT INR 318 million; steady margin improvements and growing topline; IPO raised INR 698 crore. |
Geographical revenue split India (66%), USA (19%), UK (7.5%), Others (6%; primarily Europe and rest of world). |
Order book - |
Whats driving growth Rising demand for digital dentistry, premium crowns, clear aligners, regulatory compliance, expanding dental network, and international market penetration. |
Our future plans Expand manufacturing capacity, increase automation, launch new products, deepen dental network reach, and grow digital scanner adoption. |
Our green promise No specific data on ESG; commitment to ethics, transparency, and corporate governance stated. |
Our people and values Over 2300 employees; focus on ethical conduct, compliance with labor laws including new codes, diversity, and employee engagement. |
Key challenges ahead Global economic and geopolitical uncertainties, tariff pressures, regulatory changes, competitive pricing, and integration of digital technologies. |
Interesting facts First Indian dental aligner brand to receive US FDA 510(k) clearance; rapidly growing digital dentistry footprint with branded intraoral scanners. |
Risks and strategy Address tariff impact, optimize operational efficiency, enhance product quality, expand dental network, and manage regulatory compliance for sustainable growth. |
