Laxmi Dental

What Laxmi Dental does

Laxmi Dental Limited is an India-based integrated dental products and services company headquartered in Mumbai, founded in 2004 and publicly listed on NSE (LAXMIDENTL) and BSE (544339) since January 2025 following a ₹698 crore IPO. The company ranks as the second-largest player in India's domestic dental lab segment and the largest exporter among Indian dental labs, serving a network of 22,000+ dentists in India and exporting to 95+ countries, with international service hubs in the US and Europe. Its product portfolio spans dental prosthetics, clear aligners, implants, and consumables, sold under proprietary brands including Taglus (aligner materials, launched 2019) and Kids-e-Dental (pediatric products, launched 2021).

The company's technical backbone combines India-based manufacturing with backward integration, FDA 510(k) and ISO 13485 certifications, and proprietary technology platforms. In May 2026, Laxmi launched i Scope360, an AI platform leveraging computer vision for aligner tracking, oral health assessment, and virtual consultations, building on its August 2025 acquisition of a 58% stake in AI Dent. It employs 2,100+ people, runs a debt-free balance sheet with ₹99 crore in cash, and operates with gross margins of 70.5% and EBITDA margins of 15.6% in FY26.

Laxmi Dental generates revenue through a multi-channel model: B2B sales to dental labs and clinics, direct distribution to its 22,000+ dentist network in India, and export sales to international dental chains and labs. The September 2025 Fibe partnership introduced consumer EMI financing at the point of treatment, broadening affordability for higher-value procedures. FY26 consolidated revenue reached ₹2,778.60 million, up 16.2% YoY, with Q4FY26 revenue growing 21.9% YoY and Q4FY26 PAT surging 136% YoY.

Name

Laxmi Dental

Legal name

Laxmi Dental Limited

Website

https://laxmidentallimited.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Short description

Laxmi Dental is an India-based integrated dental products and services company manufacturing prosthetics, aligners, and clear aligners for a 22,000+ dentist network in India and exporting to 95+ countries, augmented by the proprietary i Scope360 AI platform.

Ownership category

akta.pro rank

Product category

Dental Products Manufacturing

NAICS

Dental Laboratories (339116), Dental Equipment and Supplies Manufacturing (339114)

SIC

Dental Equipment & Supplies (3843), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Crown & Bridge (Fixed Prosthetics) Fabrication (HLABAJAA)

akta.pro secondary industry

Cosmetic & Esthetic Dentistry (Veneers/Whitening/Bonding) (HLABAAAC)

Keywords

• Dental laboratory products
• Clear aligners
• Dental prosthetics
• Orthodontic supplies
• Dental materials manufacturing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Dental Laboratory Products and Services: Custom-made dental prostheses including crowns, bridges, and other dental prosthetics manufactured at Illusion Dental Lab facilities. Revenue from domestic and international laboratory services.
2. Aligner Solutions: FDA 510k-cleared clear aligners (Illusion Aligners) and thermoforming sheets/resins (Taglus) for orthodontic treatment. Reported revenue of ₹18 crores in Q4FY26.
3. Dental Products Export: Exports of high-quality dental products to dental laboratories and clinics worldwide through Laxmi Dental Export, with service hubs in US and Europe. Presence in 95+ countries.
4. Pediatric Dental Products: Branded preformed pediatric dental crowns and products through Kids-e-Dental, serving multiple countries.
5. Digital Dentistry and AI Solutions: AI-connected remote dental monitoring platform (i Scope360) enabling virtual consultations and remote monitoring services, expanding digital dentistry offerings.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Laxmi Dental manufactures and supplies custom-made dental prostheses including crowns, bridges, and clear aligners, along with thermoforming sheets and pediatric dental products. The company serves dental laboratories, clinics, and orthodontists globally, integrating its own digital dentistry platform (i Scope360) with in-house manufacturing to deliver end-to-end customized dental solutions across 95+ countries.

Product overview

Laxmi Dental Limited is India's only end-to-end integrated dental products company with a backward and forward integrated model. The company operates across four main divisions: Laboratory Division (Illusion Dental Lab, Laxmi Dental Export, Laxmi Dental Lab USA Inc., Solitaire Smile Dental Lab, Diverse Dental Lab), Aligner Solutions Division (Illusion Aligners, Taglus), Paediatric Division (Kids-e-Dental), and Digital Health (i Scope360 AI platform). The portfolio includes custom-made crowns and bridges, clear aligners, thermoforming sheets, 3D printing resins, and pediatric dental products, serving dental professionals in 90+ countries.

Differentiator

Problem solved

Functional benefit

Brands

• Illusion Dental Lab: Well-established dental laboratory headquartered in Mumbai, fabricating custom-made dental prostheses including Illusion Zirconia premium dental crowns.
• Illusion Aligners
• Taglus
• Kids-e-Dental
• Laxmi Dental Export
• Laxmi Dental Lab USA Inc.
• i Scope360

Products and services

• Custom Crowns and Bridges Custom-manufactured dental crowns and bridges designed and produced for dental laboratories and clinics serving patients requiring restorative dental work.
• Clear Aligners (Illusion Aligners) Custom orthodontic clear aligners for teeth straightening, sold to orthodontists and dental clinics, with end-patient financing options available.
• Thermoforming Sheets Dental thermoforming sheets used by dental laboratories to produce retainers, mouthguards, and other custom dental appliances.
• Pediatric Dental Products Dental products specifically designed for pediatric patients, offered to dental clinics and pediatric dental practices for use in children's dental care.
• i Scope360 Digital Platform AI-powered proprietary digital design and workflow platform offered to dental professionals for case design, treatment planning, and integration with Laxmi Dental's manufacturing operations.

Quantifiable outcome

• Reduces physical follow-up visits by 30-50% through i Scope360 remote monitoring
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• FibecoreOthers · 24 September 2025Strategic partnership with Fibe, India's leading digital lending platform, to offer zero-interest EMI plans and instant financing solutions for dental treatments. Enables patients to convert treatment costs into monthly installments ranging from ₹15,000 to ₹5 lakhs over 6-15 months, accessible through Laxmi Dental's network of 22,000+ dentists.
• AI Dent (IDBG AI Dent Global)coreTechnology or Integration · 1 August 2025Laxmi Dental acquired 58% stake in Gujarat-based AI Dent to enhance AI-powered dental imaging and diagnostics capabilities. This strategic investment strengthens R&D and supports Make in India and Aatma Nirbhar Bharat initiatives by developing homegrown AI innovation for dental healthcare.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Align Technology: Global leader in clear aligners (Invisalign) and iTero scanners. Comparable to Laxmi's Illusion Aligners business as both compete in the clear aligner market with FDA-cleared products and digital treatment planning, though Align operates at vastly larger scale and brand recognition.
• Envista Holdings: Dental products conglomerate (Nobel Biocare, Ormco, Spark Clear Aligners) offering comprehensive dental solutions including implants, orthodontics, and clear aligners. Comparable as a broad incumbent across multiple dental product categories that overlap with Laxmi's diversified portfolio.
• Straumann Group: Global leader in dental implants, prosthetics, and orthodontics (including ClearCorrect aligners). Comparable as an integrated dental products incumbent with a portfolio spanning implants, crowns/bridges, and clear aligners similar to Laxmi's end-to-end integrated model.
• Dentsply Sirona: Global dental equipment and consumables manufacturer offering CAD/CAM systems, imaging, and orthodontic products. Comparable as a broad dental industry incumbent whose digital dentistry solutions (inLab, SureSmile aligners) compete with Laxmi's CAD/CAM and aligner offerings.
• ZimVie: Spun off from Zimmer Biomet in 2022, ZimVie operates dental and spine businesses focused on implants and digital dentistry solutions. Comparable as a dental products incumbent with implant and digital workflow offerings that overlap with Laxmi's dental lab and digital dentistry expansion.

Direct peers

• Modern Dental Group: Hong Kong-listed global dental laboratory operator with manufacturing across China, Europe, and North America. Highly comparable to Laxmi Dental as a multi-region dental lab services provider serving dental clinics and orthodontists with crowns, bridges, and aligner solutions.
• National Dentex Corporation: One of the largest dental laboratory networks in the US producing crowns, bridges, implants, and removable products. Comparable to Laxmi's US subsidiary operations (Laxmi Dental Lab USA, Solitaire Smile, Diverse Dental Lab) as both serve the US dental laboratory market with custom prosthetics.
• Angelalign Technology: China-based clear aligner manufacturer with strong Asia-Pacific presence and growing international expansion. Directly comparable to Illusion Aligners as a non-Invisalign clear aligner brand targeting orthodontists with digital treatment planning.
• Glidewell Dental: Largest privately-held dental laboratory in the US producing crowns, bridges, implants, and clear aligners (ClearCorrect). Comparable to Laxmi's dental laboratory division as both operate large-scale dental labs serving dentists domestically and internationally with custom prosthetic solutions.

Others

• Henry Schein: Largest dental products distributor in North America and Europe connecting dental professionals with supplies, equipment, and technology. Comparable as an ecosystem participant/distributor that dental labs and clinics rely on, though operates in distribution rather than manufacturing.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/laxmidentalexport
• Xx.com/LaxmiLtd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries10 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Laxmi Dental