Landmark Cars Ltd
NSE: LANDMARK BSE: 543714Auto
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]
₹366
52W: ₹340 — ₹675
PE 41.7 · Book ₹139 · +163% vs bookMarket Cap₹1,519 Cr
Stock P/E41.7Price to Earnings
ROCE10.5%Return on Capital
ROE7.9%Return on Equity
Div. Yield0.13%Face Value ₹5
Strengths
- +Company's working capital requirements have reduced from 88.7 days to 68.4 days
Weaknesses
- −Stock is trading at 2.60 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%
Shareholding Pattern
Promoters49.8%
FIIs5.05%
DIIs20.78%
Public24.37%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 51.55% | 51.62%▲0.1 | 51.57%▼0.0 | 51.56%▼0.0 | 51.56% | 49.81%▼1.8 | 49.76%▼0.1 | 49.8%▲0.0 |
| FIIs | 9.73% | 9.82%▲0.1 | 10.7%▲0.9 | 9.85%▼0.8 | 9.44%▼0.4 | 10.64%▲1.2 | 9.82%▼0.8 | 5.05%▼4.8 |
| DIIs | 16.61% | 14.28%▼2.3 | 13.81%▼0.5 | 13.61%▼0.2 | 13%▼0.6 | 13.42%▲0.4 | 16.51%▲3.1 | 20.78%▲4.3 |
| Public | 22.1% | 24.28%▲2.2 | 23.91%▼0.4 | 24.97%▲1.1 | 25.98%▲1.0 | 26.12%▲0.1 | 23.92%▼2.2 | 24.37%▲0.4 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 148 | 161 | 179 | 127 | 155 | 203 | 180 | 141 | 213 | 210 |
| Expenses | 121 | 134 | 151 | 108 | 131 | 177 | 159 | 120 | 197 | 183 |
| Operating Profit | 27 | 27 | 28 | 19 | 25 | 27 | 21 | 21 | 16 | 27 |
| OPM % | 18% | 17% | 15% | 15% | 16% | 13% | 12% | 15% | 8% | 13% |
| Net Profit | -7 | 14 | 15 | 7 | 16 | 12 | 8 | 9 | 7 | 12 |
| EPS ₹ | -1.7 | 3.52 | 3.59 | 1.69 | 3.76 | 3.01 | 1.86 | 2.09 | 1.75 | 2.99 |
AI Insights
Revenue Trend
TTM revenue at ₹744Cr, up 11.7% YoY. OPM at 11%.
Debt Position
Borrowings at ₹83Cr. Debt-to-equity ratio: 0.15x. Healthy balance sheet.
Institutional Flow
DIIs: 20.78% (+6.49pp change). FIIs: 5.05% (-5.42pp change). Promoters hold 49.8%.
Margin & Efficiency
ROCE improving from 0% (Mar 2018) to 10% (Mar 2025). Working capital days: 68.
Valuation
PE 41.7x with 10.5% ROCE. Price is 163% above book value of ₹139. Dividend yield: 0.13%.
Recent Announcements
- 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.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr - Landmark Cars Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.
- Closure of Trading Window 27 Mar
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 26 Mar - Ceasing Volkswagen Delhi NCR operations (one showroom, one workshop) effective March 31, 2026; minimal financial impact expected.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 12 Mar - New Mahindra workshop in Kompally, Hyderabad; M&M outlets rise to eight in Hyderabad, 12 overall.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse