Q3 2026 Laxmi Dental Ltd Earnings Call Transcript
Key Points
- Laxmi Dental Ltd (NSE:LAXMIDENTL) reported a year-on-year revenue growth of 7.1% for Q3 FY26, reaching INR66 crores despite challenging global conditions.
- The company experienced a significant reduction in US tariffs from 50% to 25%, which is expected to positively impact future profitability and competitiveness.
- The international lab business showed robust growth of 25% year-on-year, indicating strong performance in global markets.
- Laxmi Dental Ltd (NSE:LAXMIDENTL) is actively expanding its global dental network and securing export certifications, which will open up new market opportunities.
- The company is committed to promoting digital dentistry, with digital penetration in the domestic market reaching 79%, significantly higher than the industry average.
- The company faced a full quarter impact of US tariffs, which weighed on EBITDA margins by approximately 150 basis points.
- There was a one-time exceptional item impact of INR5.8 crores due to new labor code requirements, affecting financial performance.
- Domestic lab and alignment solution businesses experienced softness during the quarter, impacting overall growth.
- Employee costs increased by 19.2% year-on-year, adding pressure to the company's operating expenses.
- The competitive pricing environment in the domestic market continues to exert pressure on the company's aligner business.
Ladies and gentlemen, good day and welcome to Lakshmi Dental Limited Q3 FY26 earnings conference call hosted by Ilara Securities India Private Limited. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions, and expectations of the company as on the date of this call. Their statements are not guarantee of future performance and involve risk and uncertainties that are difficult to predict.
(Operator Instructions)
Please note that this conference is being recorded.
I now hand the conference over to Mr. Kashish from Elara Securities.
Thank you and over to you.
()-
Hi, thank you. Oh, thank you, Ena. Good day, everyone. Hi, Kashish Thakur on behalf of Ilara Capital. Welcome you all to Q3 and nine months FY26 earnings conference call of Lakshmi Dental Limited.
From the management side, we have with us today, Mr. Rajesh Khakhar, Chairperson and whole-time
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