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 ₹ 1,592 Cr.
- Current Price ₹ 384
- High / Low ₹ 675 / 340
- Stock P/E 43.7
- Book Value ₹ 139
- Dividend Yield 0.13 %
- ROCE 10.5 %
- ROE 7.90 %
- Face Value ₹ 5.00
Pros
- Company's working capital requirements have reduced from 88.7 days to 68.4 days
Cons
- Stock is trading at 2.76 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
- Promoter holding has decreased over last 3 years: -5.38%
* 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
Part of BSE Consumer Discretionary BSE 1000
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 695 | 765 | 658 | 561 | 681 | 484 | 599 | 666 | 744 | |
| 663 | 741 | 639 | 522 | 614 | 388 | 501 | 575 | 659 | |
| Operating Profit | 33 | 24 | 19 | 38 | 67 | 96 | 98 | 91 | 85 |
| OPM % | 5% | 3% | 3% | 7% | 10% | 20% | 16% | 14% | 11% |
| 4 | 4 | 7 | 8 | 8 | 11 | -16 | 18 | 21 | |
| Interest | 5 | 11 | 11 | 11 | 6 | 9 | 9 | 12 | 12 |
| Depreciation | 7 | 9 | 16 | 16 | 22 | 30 | 34 | 42 | 46 |
| Profit before tax | 25 | 7 | 0 | 20 | 47 | 68 | 39 | 55 | 48 |
| Tax % | 36% | 32% | 325% | 25% | 25% | 25% | 22% | 22% | |
| 16 | 5 | -0 | 15 | 35 | 51 | 30 | 43 | 36 | |
| EPS in Rs | 20.44 | 6.32 | -0.10 | 8.09 | 9.55 | 12.80 | 7.39 | 10.31 | 8.69 |
| Dividend Payout % | 0% | 0% | 0% | 9% | 0% | 18% | 20% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | -1% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 199% |
| 3 Years: | 6% |
| TTM: | -28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -18% |
| 1 Year: | -17% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 18 | 18 | 18 | 18 | 20 | 21 | 21 | 21 |
| Reserves | 86 | 217 | 217 | 233 | 268 | 456 | 499 | 540 | 556 |
| 132 | 145 | 147 | 99 | 68 | 67 | 90 | 97 | 83 | |
| 84 | 79 | 106 | 118 | 186 | 191 | 216 | 248 | 315 | |
| Total Liabilities | 310 | 459 | 488 | 468 | 540 | 734 | 826 | 906 | 976 |
| 71 | 69 | 85 | 71 | 167 | 182 | 186 | 234 | 222 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 0 | 2 | 0 | 0 |
| Investments | 4 | 142 | 157 | 177 | 183 | 203 | 240 | 304 | 305 |
| 235 | 249 | 246 | 220 | 187 | 349 | 398 | 368 | 448 | |
| Total Assets | 310 | 459 | 488 | 468 | 540 | 734 | 826 | 906 | 976 |
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 |
| Free Cash Flow | 48 | 17 | -2 | 42 | 44 | 28 | -52 | 89 |
| CFO/OP | 162% | 138% | 34% | 109% | 98% | 72% | -11% | 186% |
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 | 162 |
| Days Payable | 13 | 14 | 19 | 26 | 28 | 66 | 59 | 45 |
| Cash Conversion Cycle | 60 | 56 | 57 | 57 | 30 | 119 | 194 | 141 |
| Working Capital Days | -16 | -14 | 66 | -7 | -12 | 102 | 96 | 68 |
| ROCE % | 6% | 3% | 8% | 15% | 17% | 15% | 10% |
Insights
In beta| Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| New Vehicle Units Sold Units |
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| Total Outlets Count |
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| Average Revenue per Vehicle Serviced INR |
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| Number of Service Turn-ins Units |
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| Average Selling Price for New Car INR |
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| Mercedes-Benz Share of National Sales % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
22 May - Landmark Cars schedules Q4FY26 results conference call on May 27, 2026 at 10:00 AM IST.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
22 May - Landmark Cars Limited has informed about the schedule of earning conference call with analysts/ investors on Wednesday, May 27, 2026, at 10:00 AM IST to …
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Announcement Under Regulation 30 (LODR) Regulations, 2015 - Application Received From Person Falling Under Promoter Group For Reclassification Of Status To Public Under Regulation 31A Of LODR, 2015
22 May - Promoter group member requested reclassification to public under Regulation 31A; board to consider it.
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Board Meeting Intimation for Approval Of Standalone And Consolidated Audited Financial Results For The Quarter And Year Ended March 31, 2026
21 May - Board to meet May 26, 2026 to approve FY26 audited results and consider final dividend.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Business Updates For Q4 FY 2025-26
14 Apr - Q4FY26 revenue rose 17.3% to Rs 1,790 crore; FY26 revenue up 19.3% to Rs 6,713 crore.
Annual reports
Concalls
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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Feb 2024Transcript PPT
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Feb 2024TranscriptAI SummaryPPT
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Dec 2023TranscriptPPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptPPT REC
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Mar 2023Transcript PPT
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Feb 2023TranscriptAI SummaryPPT
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