Landmark Cars Limited — Investor Meet, 19-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates
Landmark Cars reported a strong Q1 FY27, with pro forma revenue up over 22% YoY and profit after tax nearly doubling, showcasing robust operating leverage and cost discipline. New vehicle sales margins are steadily rising, while aftersales maintain strong margins. EVs now constitute 30% of sales by value, significantly higher than industry trends, with EVs generating equal or higher aftersales revenue due to increased usage and repair costs.
The company formed an industry-first EV charging partnership with ChargeZone, establishing a new recurring revenue stream. Management anticipates positive demand and normalized growth, prioritizing EBITDA, PAT, and cash generation (Q1 operating cash flow: 60 Cr). Landmark continues expanding its diversified OEM portfolio and workshop capacity, enhancing aftersales for high-growth brands. Leadership is confident in sustained growth and cost efficiencies, utilizing robust cash flows for debt reduction.
