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Clove Dental

Latest revenue

INR 500 crore

FY2024 · YoY: +15%

Employees

~5,000

Sector: Healthcare (Dental Clinic Business Plan &)  |  HQ: India  |  Founded: Not separately disclosed  |  Employees: Not separately disclosed

Listed as: Privately held  | 

Clove Dental is not separately listed on Indian stock exchanges. Refer to the parent entity or cooperative federation noted under "Listed as" above.

Company overview

Clove Dental operates in the healthcare segment of the Indian market, with a presence noted in the dental clinic business plan & category. The company is among the recognised participants in this segment alongside other Indian and multinational players. Operations follow the standard Companies Act 2013 disclosure framework where Clove Dental is incorporated as a private or public limited company under Indian law, with statutory audit, GST registration under the CGST Act 2017, and applicable sectoral compliance under FSSAI, BIS, MoEF, or sectoral regulators as relevant to the activity. The competitive set in dental clinic business plan & includes pan-India brands, regional players, and multinational subsidiaries operating in India through wholly-owned or joint-venture structures.

Recent developments

May 2026

Clove Dental continues its aggressive expansion trajectory, having launched 48 new clinics in a single day in February 2026, bringing its total network to 715 centres across 26 cities [5]. This milestone marks 15 years of operations and positions the company as India's largest dental chain, consolidating its leadership in the country's estimated $2-billion oral care market [3]. The company appears to be executing a clear scale strategy, as highlighted in a May 2026 Forbes India feature examining its prescription for continued growth [1].

On the diversification front, Clove launched a dentist-crafted toothpaste and toothbrush range under its Clove Oral Care brand in June 2025, signalling a move into consumer product categories [10]. The company also expanded into retail showrooms through a Lenskart partnership at Ashar Arize [8], while securing PR representation through Adgcraft [7], indicating усиление brand-building efforts alongside its physical expansion strategy.

Sources (5)
  1. Clove Dental’s prescription for scale - Forbes India · Forbes India · Fri, 15 May 2026
  2. Clove Dental eyes deeper expansion as it consolidates leadership in India’s $2-billion oral care market - The Economic Times · The Economic Times · Wed, 15 Oct 2025
  3. Clove Dental launches 48 clinics in a day, expands network to 715 centres across 26 cities - ET HealthWorld · ET HealthWorld · Thu, 26 Feb 2026
  4. Lenskart, Clove Dental open retail showrooms at Ashar Arize - Construction Week India · Construction Week India · Thu, 21 Aug 2025
  5. Clove Oral Care Launches Dentist-Crafted Toothpaste & Toothbrush Range - BW Healthcare World · BW Healthcare World · Thu, 12 Jun 2025

Financial performance and recent trajectory

Disclosed revenue (FY25): Not separately disclosed in segment-wise FY 2024-25 reporting.

Competitive position

Clove Dental occupies a position in the dental clinic business plan & category alongside other listed and unlisted Indian players. Competitive intensity in the segment is shaped by raw material cost cycles, distribution depth, branded versus unbranded share, and the regulatory framework governing manufacturing, FSSAI labelling (for food), BIS standards (for engineering goods), or sectoral norms. The principal competitive moats in this category are typically scale, distribution reach, brand trust, and integrated procurement. KAMRIT's project report on dental clinic business plan & benchmarks new entrant economics against the listed peer cost structure including capex per tonne (or per unit of output), working capital intensity, gross margin band, and the EBITDA delta between organised and unorganised participants.

Key risks

Input cost volatility in the dental clinic business plan & value chain Competitive intensity from larger Indian groups and multinational subsidiaries Regulatory tightening under FSSAI, BIS, environmental norms, or labour codes

Outlook

Clove Dental is a participant in the Indian dental clinic business plan & category, which forms part of the broader Healthcare space. The Indian dental clinic business plan & market continues to evolve with rising organised share, premiumisation, distribution expansion, and a regulatory architecture covering the Companies Act 2013, the Income Tax Act 1961, the CGST Act 2017, the Legal Metrology Act 2009, and sectoral statutes including the Food Safety and Standards Act 2006 (for food and beverage subsegments), the Drugs and Cosmetics Act 1940 (for pharmaceutical or healthcare adjacencies), the Environment Protection Act 1986 (for emissions and effluents), and labour codes consolidated under the four 2020 labour codes. In KAMRIT's project report framework for this category, the competitive set typically includes pan-India branded leaders, multinational subsidiaries, mid-sized regional players, and a long tail of MSME participants. The structural attractiveness of the category for new entrants is a function of (a) market growth rate, (b) the share that remains with unorganised or fragmented operators, (c) the cost of regulatory compliance, and (d) the capex intensity of plant and machinery. The KAMRIT bankable DPR for this category structures a new entrant's economics against this competitive landscape. For Clove Dental specifically, public-domain disclosures provide a baseline view of operations, but segment-wise revenue, EBITDA, capacity utilisation, and forward capex plans are not separately broken out in many cases. Where the company is part of a listed group, the SEBI LODR and the Companies Act 2013 governance framework apply, with statutory audit conducted under SA 700 and CARO 2020 reporting. Where the company is unlisted, the Companies Act 2013 framework continues to govern with reduced public disclosure. The risk and opportunity outlook for Clove Dental mirrors the broader dental clinic business plan & category dynamics. Demand-side drivers include rising household consumption, urbanisation, organised retail expansion, and policy support including PLI schemes (where applicable to the segment). Supply-side risks include input cost volatility, regulatory tightening, environmental compliance escalation, and competitive intensity from larger groups or imports. Management quality, balance sheet strength, distribution depth, and the capex execution track record are the differentiators within the peer set. KAMRIT's research desk maintains a baseline reference for Clove Dental as a peer benchmark within the dental clinic business plan & category. For investors, lenders, or new entrant promoters seeking a fuller assessment of Clove Dental, KAMRIT's deep-dive company profile engagement covers financial trajectory, capacity and capex, distribution and customer concentration, regulatory exposure, and the competitive position with named peers.

KAMRIT point of view

Building or competing with Clove?

KAMRIT advises promoters, family offices, and global enterprises evaluating greenfield entry into the healthcare (dental clinic business plan &) sector. Our Bankable DPR with Cost Model and ROI benchmarks your project economics against the listed-company cost structure of Clove and peers. The Execution Partnership tier covers everything from incorporation through commissioning. A 20-minute scoping call with our partners is free.

Related KAMRIT project reports

These reports use Clove Dental in benchmarking and competitive analysis sections.

Disclaimer: This profile is compiled by KAMRIT Financial Services LLP for educational and benchmarking purposes only. It is not investment advice, a recommendation to buy or sell securities, or a solicitation. Stock data is provided by Yahoo Finance and may be delayed by up to 20 minutes. Company financial commentary draws on publicly available filings, exchange disclosures, and KAMRIT industry research. Readers should consult a SEBI-registered investment adviser before making investment decisions. KAMRIT is a financial services and compliance firm, not a SEBI-registered investment adviser.