NSE: LANDMARK · BSE: 543714 · ISIN INE559R01029
Landmark Cars Limited stock analysis
Landmark Cars Limited ranks #2399 in the TickerSutra evidence-ranked universe with a score of 46/100 and 93% data confidence. The latest captured fundamentals show ROCE of 9.3%, quarterly sales growth of 22.7% and quarterly profit growth of 110.6%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 1.01×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹2,977cr | ₹176cr | ₹66cr | 6.0% |
| 2023 | ₹3,382cr | ₹238cr | ₹85cr | 7.0% |
| 2024 | ₹3,288cr | ₹219cr | ₹57cr | 7.0% |
| 2025 | ₹4,026cr | ₹222cr | ₹17cr | 6.0% |
| 2026 | ₹4,896cr | ₹265cr | ₹38cr | 5.0% |
| TTM | ₹5,137cr | ₹276cr | ₹45cr | 5.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Landmark Cars Limited has informed the Exchange regarding a press release dated September 28, 2026, titled "Landmark Cars Expands Footprint with BYD and Mahindra & Mahindra.'
RoutineLandmark Cars Ltd - 543714 - Closure of Trading WindowBSE · 28 Sept 2026Landmark Cars Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.
RoutineChange in Directors/KMP/SMP/Auditor/RTANSE · 26 Sept 2026LANDMARK CARS LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
RoutineLandmark Cars Ltd - 543714 - Announcement under Regulation 30 (LODR)-Change in DirectorateBSE · 26 Sept 2026Landmark Cars Limited informed the exchange that the members have approved the appointment and reappointment of Independent Directors at its 20th Annual General Meeting held on September ....
RoutineLandmark Cars Ltd - 543714 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 26 Sept 2026Landmark Cars Limited has submitted the Exchange about the revised proceedings of the 20th Annual General Meeting held on September 24, 2026, through Video Conferencing (VC)/Other Audio ....
MANAGEMENT COMMENTARY
Signals from filed documents
Profit after tax nearly doubled ahead of the revenu e growth. This financial performance was driven by improving operating leverage and sustained cost discipline and reflects the continued scaling of the business. The sector cont inues to evolve, supported by healthy customer demand and broader choice of powertrains.
We have been growing there handsomely and our margins which had dipped there to almost 1.7% in FY 25 has been steadily on upper trend like FY26 if I look at it move to 2% and now at 2.3%. So, what would be some of the levers for the further margin improvement, basically the new vehic le sales business. Sanjay Thakker: Yes, so in new vehicle sales, as you know, is a combination of what the market operating price is.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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