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Issue Date:28 October 2019     Price in Rs. R 7000    Price in USD. $ 100
    

Mumbai based S J Healthcare Pvt Limited, better known by its brand Dentzz, is a dental clinic chain catering largely to foreign tourists. Dentzz is somewhat of a pioneer in the Indian healthcare circles, particularly in dentistry field, in its sharp focus on tourists as a source of revenue. This focus has paid off for Dentzz, with rapid growth and profitable operations. In the year FY18, the company reported revenue of Rs 369m. It has grown at around 30% in recent years.

 

The company was incorporated in 2005 by husband wife duo Dr Shantanu Mukesh Jaradi and Karishma Shantanu Jaradi.

 

A venture capital firm Helix has picked a 30% stake in the business in Sep’19, marking a new deal in dentistry business in India after a considerable period. This investment is partly secondary shares and partly primary investment into the company.

 

Previous experience of investors in dental chains has not been very good, with 2 high profile investments by Asian Healthcare Fund (MyDentist, which later renamed itself to a more Indian sounding Sabka Dentist), and India Equity Partners (Axiss Dental), reported to have run aground. Helix could have a better fate since the Dentzz business has been consistently profit making for several years. This is a result of Dr Jaradi’s focus on high value business and controlled operations. Dentzz has 7 clinics in India and one in Dubai. The chains which have tried to open too many centres and have tried to cater to mass market have struggled for profitability.

 

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details

 

  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
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