MarketFriction

Landmark Cars Ltd

NSE LANDMARK · BSE 543714 · Auto Dealer
₹463.25 -2.62%
NSE close2026-10-01
52 week range339.50 - 662.00
Market cap₹2,016 Cr.
P/E42.8
IPO 2022 · -8% since Price band 20% Delivery 27.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7719598648329071,1951,0911,0621,2111,3451,2791,302
Expenses7168948107838551,1291,0371,0011,1571,2711,2031,230
Operating Profit546554495266556154747672
OPM %7%7%6%6%6%6%5%6%4.5%5%6%6%
Other Income3131-13655323
Interest141514161820212020201920
Depreciation252627293234363638383736
Profit before tax19251550164101192119
Tax %-10%27%29%27%31%26%57%25%-148%26%27%24%
Net Profit2018113012272141515
EPS in Rs5.004.442.560.77-0.002.750.341.670.293.423.623.51
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,6112,8272,2191,9562,9773,3823,2884,0264,8965,137
Expenses1,5612,7452,1421,8422,8003,1443,0693,8034,6314,861
Operating Profit518277114176238219222265276
OPM %3.1%2.9%3.5%6%6%7%7%6%5%5%
Other Income4766114581513
Interest17534538355153748079
Depreciation135363627087101131149150
Profit before tax25-18-25208210470255060
Tax %30%39%17%44%20%18%18%31%24%
Net Profit18-24-2911668557173845
EPS in Rs22.33-31.92-15.696.1917.8821.3213.563.859.0010.84
Dividend Payout %3%0%0%0%0%11%11%13%17%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%20%13%21%
Compounded Profit Growth%24%-24%156%
Stock Price CAGR%%-15%-20%
Return on Equity%12%7%7%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital81818181820212121
Reserves133170151163229450518533564
Borrowings121409327345476430627870876
Other Liabilities343408334360362361383463519
Total Liabilities6051,0068308871,0851,2611,5491,8871,979
Fixed Assets143392370326497509594762778
CWIP4301256232
Investments0010131716161616
Other Assets4196144495465667309371,1061,182
Total Assets6051,0068308871,0851,2611,5491,8871,979
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity135521076767141152267
Cash from Investing Activity-57-38-66-34-34-72-113-164-63
Cash from Financing Activity60-28-148-38-3816523-191
Net Cash Flow16-11-555-1-81114
Free Cash Flow-432219141413-3822213
CFO/OP41%85%277%88%57%40%31%76%107%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1010410811151612
Inventory Days585043644859787160
Days Payable611011222115161510
Cash Conversion Cycle65037523555777261
Working Capital Days-14-12-20-8-10111764
ROCE %8%4%12%19%20%12%8%9%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters52.87%51.82%51.59%51.55%51.62%51.57%51.56%51.56%49.81%49.76%49.80%49.93%
FIIs8.61%8.40%8.74%9.73%9.82%10.70%9.85%9.44%10.64%9.82%5.05%2.69%
DIIs15.47%15.19%15.86%16.61%14.28%13.81%13.61%13.00%13.42%16.51%20.78%20.67%
Public23.04%24.58%23.80%22.10%24.28%23.91%24.97%25.98%26.12%23.92%24.37%26.72%
No. of Shareholders30,36033,39736,70038,52946,21443,71744,25642,53939,43037,87037,96138,178

Fundamentals

Market Cap₹ 2,016 Cr.
Current Price₹ 487
Stock P/E42.8
Book Value₹ 141
ROCE9.26 %
ROE6.86 %
Dividend Yield0.31 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)21%
Compounded Profit Growth (TTM)156%
Consolidated figures.
Valuation
Market capRs 1,917 Cr
Enterprise valueRs 2,746 Cr
P/E (TTM)42.64x
Price to book3.46x
Price to sales0.37x
EV / EBITDA9.52x
EV / EBIT19.79x
EV / sales0.53x
Price to cash flow12.61x
Earnings yield2.35%
Dividend yield0.11%
P/E, 3-year average59.08x
P/B, 3-year average4.34x
P/E, 5-year average59.08x
P/B, 5-year average4.34x
Profitability
Operating margin (excl. other income)5.52%
Operating margin (incl. other income)5.72%
EBITDA margin5.61%
Pre-tax margin1.16%
Net profit margin0.88%
Net margin, latest quarter1.12%
ROE2.91%
ROCE7.67%
ROA0.93%
ROE, 3-year average12.53%
ROCE, 3-year average12.90%
ROA, 3-year average4.04%
ROE, 5-year average14.92%
ROCE, 5-year average13.76%
ROA, 5-year average4.02%
ROIC (approx.)6.89%
Tax rate31.33%
Other income / net worth1.44%
Growth
Sales growth (latest year)22.43%
Profit growth (latest year)-71.56%
Sales CAGR, 3 years10.59%
Sales CAGR, 5 years12.65%
Profit CAGR, 3 years-37.57%
Sales growth QoQ1.86%
Profit growth QoQ-3.19%
Sales growth YoY (latest quarter)22.67%
Profit growth YoY (latest quarter)110.56%
Per share
EPS (TTM)Rs 10.86
EPS (latest year)Rs 3.85
EPS (latest quarter)Rs 3.52
EPS, 3-year averageRs 12.91
EPS, 5-year averageRs 12.56
Book value per shareRs 133.92
Sales per shareRs 1,241.54
Cash flow per shareRs 36.73
Free cash flow per shareRs 51.48
Dividend per share (latest year)Rs 0.50
Dividend per share, 3-year averageRs 1.42
Dividend per share, 5-year averageRs 1.42
Dividends
Dividend payout12.99%
Dividend payout, 3-year average11.54%
Dividend payout, 5-year average11.54%
Efficiency
Asset turnover2.13x
Fixed asset turnover5.29x
Inventory turnover5.30x
Inventory days69 days
Debtor days16 days
Debtors turnover22.18x
Creditor days10 days
Cash conversion cycle61 days
Working capital days4 days
Leverage
Total debtRs 870 Cr
Cash and bankRs 41 Cr
Net debtRs 829 Cr
Debt to equity1.57x
Net debt / EBITDA2.87x
Interest coverage1.75x
Current ratio (filing 2026-03-31)1.12x
Quick ratio (filing 2026-03-31)0.44x
Trade payables (filing 2026-03-31)Rs 116 Cr
Owners' fund to total sources29.36%
Debt to assets46.11%
Cash flow
Cash from Operating Activity (latest year)Rs 152 Cr
Cash from Investing Activity (latest year)Rs -164 Cr
Cash from Financing Activity (latest year)Rs 23 Cr
Net Cash Flow (latest year)Rs 11 Cr
Free cash flow (latest year)Rs 213 Cr
FCFE (approx.: FCF + change in debt)Rs 456 Cr
Cash from ops / profit, 5 years2.31x
Sales to cash flow26.49x
Statement figures
Net sales (TTM)Rs 5,137 Cr
Net sales (latest year)Rs 4,026 Cr
Sales (latest quarter)Rs 1,302 Cr
Operating profit excl. other income (latest year)Rs 222 Cr
Operating profit (latest quarter)Rs 72 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 288 Cr
PBDT (TTM)Rs 209 Cr
Profit before tax (TTM)Rs 60 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 45 Cr
Net profit (latest year)Rs 16 Cr
Net profit (latest quarter)Rs 15 Cr
Depreciation (TTM)Rs 150 Cr
Depreciation (latest quarter)Rs 36 Cr
Interest (TTM)Rs 79 Cr
Cost of goods sold (latest year)Rs 3,428 Cr
Total expenditure (latest year)Rs 3,803 Cr
Total income (latest year)Rs 4,033 Cr
Share capitalRs 21 Cr
ReservesRs 533 Cr
Shareholders' fundsRs 554 Cr
Total assetsRs 1,887 Cr
Net blockRs 762 Cr
Capital work in progressRs 3 Cr
InvestmentsRs 16 Cr
ReceivablesRs 182 Cr
InventoryRs 647 Cr
Other liabilitiesRs 463 Cr
Shares outstanding (crore)4.14
Ownership
Promoter holding49.93% (-1.63 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 42.6 is at the 21th percentile of its own 3.9-year range (median 52.7, low 24.6, high 256.7).
P/B 3.46 is at the 15th percentile (median 5.31).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodLANDMARKNifty 50Difference
1 week-5.3%-2.8% -2.5 pts
1 month-8.4%-6.8% -1.6 pts
3 months+3.1%-7.6% +10.7 pts
6 months+27.8%+0.4% +27.4 pts
1 year-23.2%-9.9% -13.2 pts
2 years-24.8%-13.6% -11.2 pts
3 years-40.8%+14.2% -54.9 pts
13 mutual fund schemes hold about ₹383 Cr. Over three months 11 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.20%161 +9%
Sundaram Services Fund1.33%70 +8%
Sundaram Services Fund1.33%68 +8%
Bandhan Small Cap Fund0.13%43 -5%
HDFC Children's Fund(Lock in)0.18%19 +13%
Helios Small Cap Fund1.21%18 +100%
Sundaram LT Micro Cap Tax Adv Fund-Sr III-1.67%1 +15%
Sundaram LT Micro Cap Tax Adv Fund-Sr IV1.66%1 +15%
Sundaram LT Micro Cap Tax Adv Fund-Sr VI-1.69%1 +15%
Sundaram LT Tax Adv Fund-Sr III1.68%1 +14%
Sundaram LT Micro Cap Tax Adv Fund-Sr V-1.66%1 +13%
Sundaram LT Tax Adv Fund-Sr IV1.72%0 +17%
Motilal Oswal BSE 1000 Index Fund0.01%0

Red flags

F-score 5 of 8
explainDebt up, profit down Borrowings up 39% while net profit fell in 2026
explainLow interest cover Interest cover 1.3x in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,302 Cr +22.6% vs Jun 2025. Net profit ₹15 Cr +114.3%.

Activity

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Ex-dateActionFactor
2026-09-17Dividend - Rs 1.50 Per Share
2025-09-15Dividend - Re 0.50 Per Share
2024-09-13Dividend - Rs 1.50 Per Share
2024-09-13Annual General Meeting
2023-09-11Dividend - Rs 2.25 Per Share
DateTypeWhat it says
2026-09-28Press ReleaseA press release dated September 28, 2026, titled "Landmark Cars Expands Footprint with BYD and Mahindra & Mahindra".
2026-09-25Director changeChange in Director(s) of the company.
2026-09-25Shareholder meetingLandmark Cars Limited has submitted the Exchange about the revised proceedings of the 20th Annual General Meeting held on September 24, 2026, through ...
2026-09-25Shareholder meetingLandmark Cars Limited has submitted the Exchange about the voting result of 20th AGM of the Company held on Thursday, September 24, 2026 through VC / ...
2026-09-24Shareholder meetingProceedings of Annual General Meeting held on September 24, 2026
2026-09-24Press ReleaseA press release dated September 24, 2026, titled Landmark Cars and OLX India Partner to Build Indias Leading Phygital Pre-Owned Car Platform.
2026-09-23Concall / analyst meetLandmark Cars Limited has informed the exchange that the officials of the Company will be meeting the Investors / Analysts (participants) as per attac...
2026-09-23Concall / analyst meetLandmark Cars Limited has informed the exchange that the officials of the Company will be meeting the Investors / Analysts (participants) as per attac...
2026-09-04Concall / analyst meetLandmark Cars Limited has informed the exchange that the officials of the Company will be meeting the Investors / Analysts (participants) as per attac...
2026-09-03UpdatesLandmark Cars Limited submitted the Exchange a letter providing the web link, including the exact path, for accessing the Annual Report for FY 2025-26...
2026-09-02Shareholder meetingLandmark Cars Limited has submitted to the exchange that the Notice of 20th Annual General Meeting scheduled to be held on Thursday, September 24, 202...
2026-08-19Concall / analyst meetLandmark Cars Limited submitted to the exchange, the transcript of Earnings Conference Call held on August 12, 2026 at 09:00 AM to discuss the Unaudit...
2026-08-18Concall / analyst meetSchedule of meet
2026-08-12Concall / analyst meetLink of Audio Recording of Analyst/Investor Earnings Conference Call held on August 12, 2026 at 09:00 AM (IST) to discuss the Unaudited financial resu...
2026-08-11UpdatesBook Closure for the purpose of the 20th Annual General Meeting.
2026-08-11Investor PresentationInvestor Presentation
2026-08-11ESOPGrant of 2000 Options.
2026-08-11Record DateRecord date for the purpose of Dividend is 17-Sep-2026.
2026-08-11AppointmentReappointment of Mr. Gautam Trivedi as Non- Executive Independent Director of the company w.e.f. October 28, 2026.
2026-08-11AppointmentAppointment of Ms. Rita Teaotia as Non- Executive Independent Director of the company w.e.f. August 11, 2026.
2026-08-11AppointmentRe-appointment of Mr. Manish Chokhani as Non- Executive Independent Director of the company w.e.f. October 28, 2026.
2026-08-11Board meeting outcomeLandmark Cars Limited has informed the exchange regarding the outcome of Board Meeting held on August 11, 2026, and submitted the Unaudited Standalone...
2026-08-11Board meeting outcomeLandmark Cars Limited has informed the exchange regarding the outcome of Board Meeting held on August 11, 2026, and submitted the Unaudited Standalone...
2026-08-11Board meeting outcomeLandmark Cars Limited has informed the exchange regarding the outcome of Board Meeting held on August 11, 2026, and submitted the Unaudited Standalone...
2026-08-10Concall / analyst meetLandmark Cars Limited has informed the exchange about the updated schedule of earning conference call with analysts/ investors on Wednesday, August 12...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Landmark Cars Ltd?

Landmark Cars Ltd (LANDMARK) has a market capitalisation of Rs 2,016 Cr. at the 2026-10-01 close.

What is the P/E ratio of Landmark Cars Ltd?

Landmark Cars Ltd trades at a P/E of 42.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Landmark Cars Ltd's latest quarterly results?

In the Jun 2026 quarter, Landmark Cars Ltd sales was Rs 1,302 Cr (+22.6% vs Jun 2025) and net profit was Rs 15 Cr.

What is the 52-week high and low of Landmark Cars Ltd?

The 52-week high is Rs 662.00 and the 52-week low is Rs 339.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03