Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹489 Cr.
Stock P/E
23.8
P/B
3.7
Current Price
₹407
Book Value
₹ 108.7
Face Value
10
52W High
₹550
52W Low
₹ 318.2
Dividend Yield
0.25%

Prevest Denpro Overview

Business

Prevest Denpro Ltd. is an Indian manufacturer of dental materials, equipment, and accessories. The company primarily develops, manufactures, and markets a wide range of dental restorative materials, prosthodontic materials, endodontic materials, impression materials, prophylactic products, and dental equipment. Their core business model involves R&D to innovate new products, manufacturing them in-house, and then distributing these products through a network of dealers and distributors to dentists, dental laboratories, and dental institutions in India and internationally. They make money by selling these dental consumables and equipment.

Revenue Mix

Prevest Denpro's product portfolio can be broadly categorized into several segments, though specific revenue contribution percentages are not always publicly segregated.

Restorative Materials: Composites, glass ionomers, bonding agents.

Endodontic Materials: Root canal sealers, temporary filling materials.

Prosthodontic Materials: Impression materials, denture base materials.

Prophylactic & Other Materials: Desensitizers, cavity liners, polishing pastes.

Dental Equipment & Accessories: Small equipment, instruments.

The bulk of their revenue typically comes from their diverse range of dental consumable materials.

Industry

Prevest Denpro operates in the Indian and global dental products market, which is characterized by a mix of large multinational players and numerous domestic manufacturers. The industry is driven by technological advancements, increasing dental awareness, and growing demand for aesthetic dentistry. Prevest Denpro is positioned as a domestic manufacturer offering a comprehensive range of products, often at competitive price points compared to international brands. They compete with established global players like Dentsply Sirona, 3M, Ivoclar Vivadent, GC Corporation, and various other Indian manufacturers. Their positioning emphasizes quality products meeting international standards, often holding various certifications.

MOAT

R&D and Product Portfolio: The company has a focus on R&D, enabling them to develop a wide range of dental materials, including patented products. This breadth allows them to cater to diverse needs of dental practitioners.

Cost-Effectiveness: As an Indian manufacturer, they often can offer products at more competitive prices than imported brands, which is a significant advantage in price-sensitive markets like India.

Distribution Network: They have an established domestic and growing international distribution network, allowing for wider market reach.

Certifications & Approvals: Possessing various international certifications (e.g., CE mark, US FDA approval for certain products) enhances trust and allows market access globally.

Growth Drivers

Increasing Dental Awareness & Healthcare Spending: Rising disposable incomes, urbanization, and greater awareness about oral health in India and other emerging markets will drive demand for dental treatments and products.

Expanding Dental Tourism: India's growing reputation as a dental tourism destination can increase the demand for high-quality, cost-effective dental materials and equipment.

Product Innovation & Diversification: Continuous R&D leading to new and improved dental materials (e.g., advanced composites, digital dentistry solutions) can capture new market segments.

Export Market Expansion: Growth in exports to untapped or less saturated international markets can significantly boost revenue.

Government Initiatives: Schemes promoting healthcare infrastructure and dental education can indirectly support the growth of dental product manufacturers.

Risks

Intense Competition: The dental materials market is highly competitive with both large multinational corporations and other domestic players, leading to pricing pressure.

Regulatory Changes: Changes in dental product regulations, import/export policies, or quality standards in domestic or international markets could impact operations and profitability.

Raw Material Price Volatility: Fluctuations in the cost of raw materials, many of which may be imported, can affect manufacturing costs and margins.

Technological Obsolescence: Rapid advancements in dental technology require continuous R&D investment to stay competitive; failure to innovate could lead to product obsolescence.

Foreign Exchange Fluctuations: Given their export and potential import dependency, adverse movements in foreign currency exchange rates can impact profitability.

Management & Ownership

The company is promoter-driven. Mr. Atul Modi and Mrs. Sangeeta Modi are the key promoters, holding significant stakes and playing crucial roles in the company's strategic direction and operations. Their background is in chemistry and business management, respectively, providing a blend of technical expertise and commercial acumen. The ownership structure reflects a promoter-led business, which is common among SMEs in India.

Outlook

Prevest Denpro is positioned in a growing healthcare segment driven by increasing awareness and access to dental care. Its focus on R&D, diverse product portfolio, and competitive pricing strategy provide a foundation for continued growth, particularly within India and expanding export markets. The company's efforts to obtain international certifications support its global ambitions. However, the business operates in a highly competitive environment dominated by larger global players, requiring sustained innovation and efficient execution to maintain market share and profitability. Raw material price volatility and foreign exchange risks also present ongoing challenges. The ability to continuously innovate, navigate regulatory landscapes, and expand its distribution network effectively will be critical for its future performance.

Prevest Denpro Share Price

Live · BSE · Inception: 1999
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Prevest Denpro Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 16 13 16 15 18 16 19 18 19 19
Other Income 1 1 1 1 1 1 1 1 1 1
Total Income 17 14 17 16 20 17 20 20 20 20
Total Expenditure 10 9 10 10 12 10 12 13 12 12
Operating Profit 7 5 7 6 8 6 8 7 8 8
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 6 5 6 6 7 6 7 6 8 8
Provision for Tax 2 1 2 1 2 2 2 2 2 2
Profit After Tax 5 4 5 5 5 4 6 5 6 6
Adjustments -0 0 0 0 0 -0 0 -0 -0 -0
Profit After Adjustments 5 4 5 5 5 4 6 5 6 6
Adjusted Earnings Per Share 4 3.1 4 3.8 4.3 3.7 4.6 3.9 4.8 4.7

Prevest Denpro Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 56 63 72 75
Other Income 3 4 5 4
Total Income 59 67 77 80
Total Expenditure 36 41 47 49
Operating Profit 23 26 30 31
Interest 0 0 0 0
Depreciation 1 2 2 4
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 21 24 28 29
Provision for Tax 5 6 7 8
Profit After Tax 16 18 20 23
Adjustments 0 0 0 0
Profit After Adjustments 16 18 20 23
Adjusted Earnings Per Share 13.4 15.1 17.1 18

Prevest Denpro Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 89 106 125
Minority's Interest 0 0 0
Borrowings 0 0 0
Other Non-Current Liabilities 1 1 1
Total Current Liabilities 6 6 7
Total Liabilities 95 113 133
Fixed Assets 27 27 27
Other Non-Current Assets 0 0 0
Total Current Assets 68 86 106
Total Assets 95 113 133

Prevest Denpro Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 39 49 61
Cash Flow from Operating Activities 12 15 15
Cash Flow from Investing Activities -2 -1 -2
Cash Flow from Financing Activities -0 -1 -1
Net Cash Inflow / Outflow 10 12 12
Closing Cash & Cash Equivalent 49 61 73

Prevest Denpro Ratios

# Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 13.44 15.13 17.07
CEPS(Rs) 14.51 16.71 18.74
DPS(Rs) 1 1 1
Book NAV/Share(Rs) 73.83 87.95 103.97
Core EBITDA Margin(%) 34.29 34.4 33.8
EBIT Margin(%) 37 37.73 37.73
Pre Tax Margin(%) 36.64 37.34 37.36
PAT Margin (%) 27.59 27.95 27.72
Cash Profit Margin (%) 29.77 30.88 30.44
ROA(%) 17.02 17.51 16.68
ROE(%) 18.21 18.7 17.79
ROCE(%) 24.42 25.24 24.21
Receivable days 50.74 44.41 40.45
Inventory Days 38.94 40.11 46.74
Payable days 32.12 41.91 45.18
PER(x) 26.26 28.34 20.02
Price/Book(x) 4.78 4.87 3.29
Dividend Yield(%) 0.28 0.23 0.29
EV/Net Sales(x) 6.65 7.2 4.7
EV/Core EBITDA(x) 16.37 17.17 11.29
Net Sales Growth(%) 0 11.69 13.93
EBIT Growth(%) 0 13.22 13.81
PAT Growth(%) 0 12.51 12.86
EPS Growth(%) 0 12.51 12.86
Debt/Equity(x) 0 0 0
Current Ratio(x) 12.35 14.38 14.91
Quick Ratio(x) 11.22 13.03 13.39
Interest Cover(x) 102.33 95.87 100.4
Total Debt/Mcap(x) 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +14% — — —
Operating Profit CAGR +15% — — —
PAT CAGR +11% — — —
Share Price CAGR -19% -2% +9% —
ROE Average +18% +18% +18% +18%
ROCE Average +24% +25% +25% +25%

Prevest Denpro Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 73.6 %
FII 0.65 %
DII (MF + Insurance) 0.79 %
Public (retail) 24.96 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 73.673.673.673.673.673.673.673.673.673.6
FII 1.110.630.630.630.630.630.650.650.650.65
DII 0.680.680.711.281.220.750.770.770.790.79
Public 24.6125.0925.0624.4924.5425.0124.9824.9824.9624.96
Others 0000000000
Total 100100100100100100100100100100

Prevest Denpro Peer Comparison

Medical Equipment/Supplies/Accessories Edit Columns

Prevest Denpro Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Prevest Denpro Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Debtor days have increased from 41.91 to 45.18days.
  • Stock is trading at 3.7 times its book value.
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