Landmark Cars Ltd
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]
- Market Cap ₹ 2,511 Cr.
- Current Price ₹ 607
- High / Low ₹ 905 / 541
- Stock P/E 47.8
- Book Value ₹ 130
- Dividend Yield 0.25 %
- ROCE 15.0 %
- ROE 12.1 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 60.8% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of -4.77% over past five years.
- Company has a low return on equity of 12.8% over last 3 years.
- Working capital days have increased from 74.2 days to 110 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Retail Industry: Trading
Part of Nifty Microcap 250 BSE SmallCap BSE Allcap BSE Consumer Discretionary Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
695 | 765 | 658 | 561 | 681 | 484 | 599 | 622 | |
663 | 741 | 639 | 522 | 614 | 388 | 501 | 524 | |
Operating Profit | 33 | 24 | 19 | 38 | 67 | 96 | 98 | 98 |
OPM % | 5% | 3% | 3% | 7% | 10% | 20% | 16% | 16% |
4 | 4 | 7 | 8 | 8 | 11 | -16 | 17 | |
Interest | 5 | 11 | 11 | 11 | 6 | 9 | 9 | 10 |
Depreciation | 7 | 9 | 16 | 16 | 22 | 30 | 34 | 38 |
Profit before tax | 25 | 7 | 0 | 20 | 47 | 68 | 39 | 66 |
Tax % | 36% | 32% | 325% | 25% | 25% | 25% | 22% | |
16 | 5 | -0 | 15 | 35 | 51 | 30 | 52 | |
EPS in Rs | 20.44 | 6.32 | -0.10 | 8.09 | 9.55 | 12.80 | 7.39 | 12.56 |
Dividend Payout % | 0% | 0% | 0% | 9% | 0% | 18% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | 2% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 61% |
3 Years: | 60% |
TTM: | -24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -31% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 13% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 18 | 18 | 18 | 18 | 20 | 21 | 21 |
Reserves | 86 | 217 | 217 | 233 | 268 | 456 | 499 | 517 |
132 | 145 | 147 | 99 | 68 | 67 | 90 | 94 | |
84 | 79 | 106 | 118 | 186 | 191 | 216 | 283 | |
Total Liabilities | 310 | 459 | 488 | 468 | 540 | 734 | 826 | 915 |
71 | 69 | 85 | 71 | 167 | 182 | 186 | 222 | |
CWIP | 0 | 0 | 0 | 0 | 2 | 0 | 2 | 0 |
Investments | 4 | 142 | 157 | 177 | 183 | 203 | 240 | 257 |
235 | 249 | 246 | 220 | 187 | 349 | 398 | 435 | |
Total Assets | 310 | 459 | 488 | 468 | 540 | 734 | 826 | 915 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
45 | 26 | 4 | 44 | 53 | 53 | -24 | |
-31 | -15 | -14 | -26 | -42 | -157 | 4 | |
-10 | -15 | 21 | -33 | -13 | 110 | 14 | |
Net Cash Flow | 4 | -3 | 11 | -15 | -3 | 6 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 5 | 10 | 5 | 14 | 8 | 19 | 28 |
Inventory Days | 68 | 60 | 71 | 70 | 50 | 166 | 225 |
Days Payable | 13 | 14 | 19 | 26 | 28 | 66 | 59 |
Cash Conversion Cycle | 60 | 56 | 57 | 57 | 30 | 119 | 194 |
Working Capital Days | 52 | 55 | 66 | 53 | -1 | 113 | 110 |
ROCE % | 6% | 3% | 8% | 15% | 17% | 15% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18h - Certificate under Regulation 74(5) for dematerialization.
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Intimation For Change Of Name Of RTA.
2 Jan - Change of name of Registrar and Share Transfer Agent.
- Closure of Trading Window 25 Dec
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 Dec 2024 - Schedule of Analyst/Investor meetings on December 11, 2024.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
6 Dec 2024 - Landmark Cars acquires Kia Showroom in Hyderabad.
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Dec 2023TranscriptPPT
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Nov 2023Transcript PPT REC
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Mar 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
Business Model[1]
1) Facilitating sale of used vehicles through agents on a commission basis,
2) Taking vehicles on books for sale after any needed refurbishment. The company also receives incentives from its OEMs for used vehicles traded in for new vehicles.