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Earnings Call

Landmark Cars Earnings Call: Key Takeaways

Landmark Cars delivered record FY26 revenue and EBITDA, driven by a 20% topline beat against industry growth. Management is pivoting from rapid expansion to a 'consolidation and sweating assets' phase to restore historical profitability.

Why this was an Alfa AlertNot a filter event. Results were strong but did not exceed guided upper ends by 10% or more.
Highlights
Revenue growth20% YoY growth, significantly ahead of the 13% industry growth rate.
MarginsImproving as new outlets stabilize; focus on cost optimization and efficiency.
Demand visibilityStrong, particularly in the luxury segment and EVs (21% of sales).
Management confidenceBalanced; shifting focus from aggressive expansion to operational efficiency and consolidation.

Growth

Revenue grew 20% YoY, outpacing the 13% industry average. After-sales revenue crossed a critical ₹1,000 crore milestone.

Outlook

Management guides for a 'profitable growth' year in FY27 with capex normalizing at ₹50 crore.

Risks

Expansion-led margin pressure and high inventory carrying costs. Heavy reliance on OEM product cycles and forex fluctuations.

Source

Earnings Call filed with NSE, NSE: LANDMARK. Summary written with AI assistance from the document.

Read the document ↗

Landmark Cars Ltd: key numbers

Share price
₹488.55
Market cap
₹2,026 Cr
Revenue (annual)
₹4,896 Cr
Net profit (annual)
₹37.31 Cr
P/E (TTM)
45.1×Sector 67.6×
Promoter holding
49.93%+0.13% QoQ
FII holding
2.69%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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