Landmark Cars Ltd
Incorporated in 1998, Landmark Cars Limited is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. The company also caters to the commercial vehicle retail business of Ashok Leyland in India.[1]
- Market Cap ₹ 2,097 Cr.
- Current Price ₹ 507
- High / Low ₹ 747 / 306
- Stock P/E 48.4
- Book Value ₹ 136
- Dividend Yield 0.30 %
- ROCE 10.6 %
- ROE 8.02 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 3.75 times its book value
- The company has delivered a poor sales growth of 0.22% over past five years.
- Company has a low return on equity of 10.9% over last 3 years.
- Dividend payout has been low at 14.2% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Automobile and Auto Components Automobiles Auto Dealer
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
695 | 765 | 658 | 561 | 681 | 484 | 599 | 666 | |
663 | 741 | 639 | 522 | 614 | 388 | 501 | 575 | |
Operating Profit | 33 | 24 | 19 | 38 | 67 | 96 | 98 | 91 |
OPM % | 5% | 3% | 3% | 7% | 10% | 20% | 16% | 14% |
4 | 4 | 7 | 8 | 8 | 11 | -16 | 18 | |
Interest | 5 | 11 | 11 | 11 | 6 | 9 | 9 | 12 |
Depreciation | 7 | 9 | 16 | 16 | 22 | 30 | 34 | 42 |
Profit before tax | 25 | 7 | 0 | 20 | 47 | 68 | 39 | 55 |
Tax % | 36% | 32% | 325% | 25% | 25% | 25% | 22% | 22% |
16 | 5 | -0 | 15 | 35 | 51 | 30 | 43 | |
EPS in Rs | 20.44 | 6.32 | -0.10 | 8.09 | 9.55 | 12.80 | 7.39 | 10.31 |
Dividend Payout % | 0% | 0% | 0% | 9% | 0% | 18% | 20% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | -1% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 200% |
3 Years: | 7% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 18 | 18 | 18 | 18 | 20 | 21 | 21 |
Reserves | 86 | 217 | 217 | 233 | 268 | 456 | 499 | 540 |
132 | 145 | 147 | 99 | 68 | 67 | 90 | 97 | |
84 | 79 | 106 | 118 | 186 | 191 | 216 | 248 | |
Total Liabilities | 310 | 459 | 488 | 468 | 540 | 734 | 826 | 906 |
71 | 69 | 85 | 71 | 167 | 182 | 186 | 234 | |
CWIP | 0 | 0 | 0 | 0 | 2 | 0 | 2 | 0 |
Investments | 4 | 142 | 157 | 177 | 183 | 203 | 240 | 304 |
235 | 249 | 246 | 220 | 187 | 349 | 398 | 368 | |
Total Assets | 310 | 459 | 488 | 468 | 540 | 734 | 826 | 906 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
45 | 26 | 4 | 44 | 53 | 53 | -24 | 156 | |
-31 | -15 | -14 | -26 | -42 | -157 | 4 | -124 | |
-10 | -15 | 21 | -33 | -13 | 110 | 14 | -29 | |
Net Cash Flow | 4 | -3 | 11 | -15 | -3 | 6 | -6 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 5 | 10 | 5 | 14 | 8 | 19 | 28 | 24 |
Inventory Days | 68 | 60 | 71 | 70 | 50 | 166 | 225 | |
Days Payable | 13 | 14 | 19 | 26 | 28 | 66 | 59 | |
Cash Conversion Cycle | 60 | 56 | 57 | 57 | 30 | 119 | 194 | 24 |
Working Capital Days | 52 | 55 | 66 | 53 | -1 | 113 | 110 | 84 |
ROCE % | 6% | 3% | 8% | 15% | 17% | 15% | 11% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
3 Jun - Landmark Cars Q4 FY25 earnings: 20.9% revenue growth, margin pressure due to new outlets and brands, 24 outlets operational.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3 Jun - Scheduled investor meeting on June 6, 2025, with Macquarie in Mumbai, no UPSI to be discussed.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Landmark Cars Limited submitted the exchange, the extract of Standalone and Consolidated Audited Financial Result of the Company for the quarter and year ended March …
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report confirms full regulatory compliance for FY ended March 31, 2025.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 May - Audio recording of Q4 and FY25 earnings call uploaded on May 29, 2025.
Concalls
-
Jun 2025Transcript PPT
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Feb 2024TranscriptNotesPPT
-
Dec 2023TranscriptPPT
-
Nov 2023Transcript PPT
-
Nov 2023TranscriptNotesPPT REC
-
Aug 2023Transcript PPT
-
Jun 2023Transcript PPT
-
Mar 2023Transcript PPT
-
Feb 2023TranscriptNotesPPT
Business Profile[1]
Landmark Cars Limited is a leading premium and luxury automobile retailer in India, offering new vehicle sales, after-sales services, pre-owned vehicle sales, and distribution of finance & insurance products