ALFA Finder| Revenue growth | 22% YoY pro-forma revenue growth; record Q1 performance despite seasonality. |
|---|---|
| Margins | After-sales margins stabilizing; new vehicle margins trending upwards toward 2.3%. |
| Order book | Mercedes and Kia see strong bookings; BYD supply improving significantly. |
| Demand visibility | Positive demand for premium SUVs and luxury; mass market growing faster. |
| Management confidence | Highly confident, focusing on stabilized operations and cash flow generation. |
Growth
Pro-forma revenue grew over 22% YoY; Net Profit nearly doubled. High growth fueled by ASP increases at Mercedes and strong traction in EV segments.
Outlook
Projected capex of 50 Cr for FY27; expect consolidated performance to surpass FY23 peaks by FY28.
Risks
Waitlists for luxury models are normalizing; margin pressure from new brand ramp-ups; high working capital requirements for inventory.
Last quarter's promises, checked
Delivered
- Guided 6% EBITDA margin → delivered 6.2% (= BEAT)
- Guided record annual EBITDA → delivered 283 Cr (= BEAT)
- Guided after-sales revenue >1,000 Cr → delivered 1,051 Cr (= BEAT)
Partly delivered
- Guided 50 Cr historic avg capex → delivered 50 Cr FY27 guide (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: LANDMARK. Summary written with AI assistance from the document.
Landmark Cars Ltd: key numbers
- Share price
- ₹489.70
- Market cap
- ₹2,031 Cr
- Revenue (annual)
- ₹4,896 Cr
- Net profit (annual)
- ₹37.31 Cr
- P/E (TTM)
- 45.2×Sector 66.2×
- Promoter holding
- 49.93%+0.00% QoQ
- FII holding
- 2.22%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Landmark Cars Ltd
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Landmark Cars will hold a board meeting on November 12, 2026 to approve unaudited quarterly and half-yearly results. Trading window stays closed until 48 hours after declaration.
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