Landmark Cars Ltd

Profit before tax (PBT) declined 73.9% YoY to Rs 4.03 crore in Q4 FY25. EBITDA increased 8.19% to Rs 60.8 crore in Q4 FY25, recording the growth of 8.19% compared with Rs 56.2 crore posted in corresponding quarter last year, while EBITDA margin reduced at 5.6% in Q4 FY25 as against 6.5% in Q4 FY24. Proforma revenues climbed 17.43% to Rs 1,526 crore in Q4 FY25 from Rs 1,299.5 crore in Q4 FY24. For full year, the company's consolidated net profit declined 71.6% to Rs 15.93 crore despite of 22.4% jump in revenue from operations to Rs 4025.50 crore in FY25 over FY24. Meanwhile, the company's board recommended a final dividend of Re 50 paise per equity share with a face value of Rs 5 each for financial year 2024-25, subject to approval of the shareholders at the ensuing Annual General Meeting of the Company. Landmark Cars is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, Citroen, BYD, Renault, Mahindra & Mahindra, KIA and MG Motors. The company has its presence across the automotive retail value chain, including sales of new vehicles, after-sales service and repairs, sales of pre-owned passenger vehicles and facilitation of the sales of third party financial and insurance products. Powered by Capital Market - Live

Net profit of Landmark Cars declined 86.58% to Rs 1.42 crore in the quarter ended March 2025 as against Rs 10.58 crore during the previous quarter ended March 2024. Sales rose 26.30% to Rs 1091.22 crore in the quarter ended March 2025 as against Rs 863.97 crore during the previous quarter ended March 2024. For the full year,net profit declined 71.56% to Rs 15.93 crore in the year ended March 2025 as against Rs 56.01 crore during the previous year ended March 2024. Sales rose 22.43% to Rs 4025.50 crore in the year ended March 2025 as against Rs 3287.89 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1091.22863.97 26 4025.503287.89 22 OPM %5.016.19 -5.516.62 - PBDT39.9342.57 -6 160.82173.74 -7 PBT4.3515.44 -72 29.8872.43 -59 NP1.4210.58 -87 15.9356.01 -72 Powered by Capital Market - Live

Landmark Cars announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Landmark Cars will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live

This move is in line with the company's strategy to consolidate its operations and rationalize costs,' the automotive dealership operator stated. The company further said that given that these locations have been in existence for multiple years, the assets have already been depreciated. As a result, negligible financial impact is expected in the books. Landmark Cars is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, KIA and MG Motors. The company has its presence across the automotive retail value chain, including sales of new vehicles, after-sales service and repairs, sales of pre-owned passenger vehicles and facilitation of the sales of third party financial and insurance products. The company's consolidated net profit declined 37.7% to Rs 11.36 crore in Q3 FY25 as compared with Rs 18.24 crore in Q3 FY24. Net sales jumped 24.6% YoY to Rs 1,195.03 crore during the quarter ended 31st December 2024. The scrip shed 0.15% to currently trade at Rs 419.30 on the BSE. Powered by Capital Market - Live

Landmark Cars has sold its Jeep Punjab business of two showrooms and one workshop. With this, Landmark Cars has completely exited from the state of Punjab. This move is in line with the company's strategy to consolidate its operations and rationalize costs. Given that these locations have been in existence for multiple years, the assets have already been depreciated. As a result, negligible financial impact is expected in the books.Powered by Capital Market - Live

During the quarter, revenue from after-sales service and spare parts and others aggregated to Rs 246 crore (up 10.81% YoY), Vehicle sales revenue amounted to Rs 1,257 crore (up 21.10% YoY) and earnings from sales of Pre-owned vehicle (including commission) added up to Rs 22 crore (down 45% YoY). 'Deliveries began for multiple new models which were unveiled during the previous quarter. Notably amongst them, the new Mahindra BE6, XEV 9E and the BYD Sealion 7 started deliveries towards the end of March'25,' the company stated in exchange filing. The company said that once the operations stabilize, it expects the service business to go back to its historic growth rate. The operations for Mercedes-Benz Patna (Sales and Service) and the workshop for Kia Hyderabad will be operational in Q1FY26. In FY25, the company's revenue from operations jumped 20.86% to Rs 5,626 crore as compared with Rs 4,655 crore in FY24. The company has opened 9 new workshops in FY25. Landmark Cars is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, KIA and MG Motors. The company has its presence across the automotive retail value chain, including sales of new vehicles, after-sales service and repairs, sales of pre-owned passenger vehicles and facilitation of the sales of third party financial and insurance products. The company's consolidated net profit declined 37.7% to Rs 11.36 crore in Q3 FY25 as compared with Rs 18.24 crore in Q3 FY24. Net sales jumped 24.6% YoY to Rs 1,195.03 crore during the quarter 31st December 2024.Powered by Capital Market - Live

Landmark Cars on 5th March 2025 has allotted 4,000 Equity Shares of face value of Rs. 5/- each of the Company under Landmark Cars Limited Employee Stock Options Scheme, 2018 to the eligible grantees, pursuant to exercise of stock options granted thereunder.Powered by Capital Market - Live

Landmark Cars has executed a bespoke Dealership Agreement with PCA Automobiles India (Stellantis Group Company) for sale and after sale business of Citroen car brand from Landmark's existing Jeep facilities in Mumbai region with no additional investment. This dealership will be a part of Landmark Lifestyle Cars, a wholly owned subsidiary company of Landmark Cars. Citroen will be the 11th brand for Group Landmark, which is known for other brands like Mercedes-Benz, BYD, Kia, Honda, etc. Powered by Capital Market - Live

Net profit of Landmark Cars declined 37.72% to Rs 11.36 crore in the quarter ended December 2024 as against Rs 18.24 crore during the previous quarter ended December 2023. Sales rose 24.58% to Rs 1195.03 crore in the quarter ended December 2024 as against Rs 959.25 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1195.03959.25 25 OPM %5.566.80 - PBDT50.0452.28 -4 PBT16.0126.06 -39 NP11.3618.24 -38 Powered by Capital Market - Live