Vasa Denticity Limited, incorporated in 2016, is an Indian dental product company that operates primarily in the business of marketing and distribution of a comprehensive portfolio of dental products, serving clients globally. The company operates as a dental products e-commerce platform with 20,000+ SKUs, 30 owned brands, and 300+ domestic and international brand tie-ups. The company's dental products include consumables, instruments, equipment, and accessories for diagnosing, treating and preventing dental conditions, as well as improving the aesthetics of the human smile, primarily through its online portal, Dentalkart.com, which it operates via its website and mobile application.
The company specializes in orthodontics, endodontics, oral surgery, diagnosis, treatment, and aesthetics. Vasa Denticity's online channel houses approximately 300 domestic and international brands with a product range of more than 10,000 dental products. It provides a wide range of products including consumables, instruments, equipment and accessories for dental care, and also has its own 30 branded dental consumables and equipment. The company provides efficient delivery services through partnerships with Ecom Express Private Limited and Busybees Logistics Solutions Private Limited.
As of June 13, 2025, the market capitalization of Vasa Denticity Ltd is ₹1,056.74 crores. The company has a P/E ratio of 62.27 and a P/B ratio of 15.46. The company has significantly reduced debt and is almost debt-free, strengthening its financial position.
For the full year ended March 2025:
- Net profit rose 12.53% to ₹16.97 crore compared to ₹15.08 crore in the previous year (FY24).
- Sales rose 46.92% to ₹249.37 crore as against ₹169.73 crore during the previous year (FY24).
- The company has an operating revenue of ₹248.21 crore on a trailing 12-month basis.
- Q4 FY25 (March 2025): Net profit declined 33.70% to ₹4.21 crore compared to ₹6.35 crore in Q4 FY24. Sales rose 28.06% to ₹73.02 crore compared to ₹57.02 crore in the previous quarter ended March 2024.
- Q3 FY25 (December 2024): Net profit rose 62.86% to ₹3.99 crore compared to ₹2.45 crore in December 2023. Sales rose 70.73% to ₹62.83 crore compared to ₹36.80 crore in the previous quarter ended December 2023.
- Q2 FY25 (September 2024): Net profit rose 43.97% to ₹5.37 crore compared to ₹3.73 crore in September 2023.
The company demonstrates an annual revenue growth of 45%, with a pre-tax margin of 9% and ROE of 12%. Being debt-free, it possesses a strong balance sheet, enabling it to report stable earnings growth across business cycles.
- Market Capitalization: ₹1,056.74 crores (as of June 13, 2025)
- P/E Ratio: 62.27
- P/B Ratio: 15.46
- Annual Revenue Growth (FY25): 46.92% (Sales of ₹249.37 crore)
- Annual Net Profit Growth (FY25): 12.53% (Profit of ₹16.97 crore)
- Q4 FY25 Sales: ₹73.02 crore
- Q4 FY25 Net Profit: ₹4.21 crore
- Promoter Holding: 66.5%
- Foreign Institutional Investors Holding: 3.54%
- Retail Investors Holding: 28.24%
Vasa Denticity's 52-week high is ₹840 and its 52-week low is ₹401. The highest price of the stock in the last 52 weeks was ₹840.00. The company trades on NSE and BSE under the symbol DENTALKART.
The chairman and managing director of the company is Vikas Agarwal. The promoter holding stands at 66.5%. Foreign institutional investors hold 3.54% stake, while retail investors hold 28.24%. Notably, ace investor Ashish Kacholia owns a 3.7% stake as of March 2025. There is no promoter pledging in Vasa Denticity Ltd.
Vasa Denticity specializes in manufacturing and distributing dental care products, including equipment, instruments, and consumables. It serves dental professionals and clinics across India, providing high-quality solutions to support oral healthcare and dental practices. In 2018, the company launched a mobile app for B2B sales of its dental products, further enhancing its reach and efficiency.
The company operates in a niche but growing market segment, focusing on the dental healthcare industry in India. With its comprehensive product portfolio and strong online presence through Dentalkart.com, the company has established itself as a significant player in the dental products distribution space. The company had previously proposed to launch a public issue of 42.24 lakh equity shares, comprising a fresh issue of 31.74 lakh shares and an Offer for Sale of 10.5 lakh shares.
Vasa Denticity Ltd belongs to the Healthcare sector and the Hospitals & Diagnostic Centres sub-sector. As per Value Research classification, it is considered a small-cap company. The company operates in the specialized segment of dental healthcare products, which presents opportunities for growth as India's healthcare infrastructure continues to expand and demand for quality dental care rises.
