Landmark Cars Ltd

Landmark Cars Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Landmark Cars Ltd

₹ 626 -1.56%
21 Nov 4:00 p.m.
grouplandmark.in BSE: 543714 NSE: LANDMARK
About

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]

Key Points

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.

Website BSE NSE
  • Market Cap ₹ 2,594 Cr.
  • Current Price ₹ 626
  • High / Low ₹ 905 / 541
  • Stock P/E 81.6
  • Book Value ₹ 130
  • Dividend Yield 0.24 %
  • ROCE 12.2 %
  • ROE 11.7 %
  • Face Value ₹ 5.00
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Pros

  • Company has delivered good profit growth of 35.0% CAGR over last 5 years

Cons

  • Company has low interest coverage ratio.

* 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 BSE Consumer Discretionary BSE SmallCap Nifty Total Market Nifty Microcap 250 BSE Allcap

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
837.07 726.61 800.27 852.15 876.14 853.80 693.98 770.69 959.25 863.97 831.98 907.27
785.23 674.46 749.07 791.18 811.20 792.99 649.62 716.24 894.01 810.44 783.47 855.32
Operating Profit 51.84 52.15 51.20 60.97 64.94 60.81 44.36 54.45 65.24 53.53 48.51 51.95
OPM % 6.19% 7.18% 6.40% 7.15% 7.41% 7.12% 6.39% 7.07% 6.80% 6.20% 5.83% 5.73%
2.10 3.55 1.63 -0.36 2.10 1.23 0.09 2.70 1.27 2.70 0.70 -0.90
Interest 8.76 8.24 12.33 14.82 13.77 10.18 11.10 13.91 14.81 13.66 15.51 18.22
Depreciation 17.21 21.49 20.83 21.83 21.93 22.72 23.40 24.57 26.22 27.12 28.96 32.35
Profit before tax 27.97 25.97 19.67 23.96 31.34 29.14 9.95 18.67 25.48 15.45 4.74 0.48
Tax % 31.57% 26.49% 7.78% 29.59% 17.58% 16.75% 27.04% -9.80% 27.47% 28.93% 27.43% 31.25%
19.14 19.09 18.15 16.87 25.83 24.26 7.27 20.50 18.48 10.97 3.45 0.34
EPS in Rs 5.17 5.12 4.87 4.57 6.54 6.07 1.75 5.00 4.44 2.56 0.77 -0.00
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1,611 2,827 2,219 1,956 2,977 3,382 3,288 3,562
1,561 2,745 2,142 1,842 2,800 3,144 3,069 3,343
Operating Profit 51 82 77 114 176 238 219 219
OPM % 3% 3% 3% 6% 6% 7% 7% 6%
4 7 6 6 11 4 5 4
Interest 17 53 45 38 35 51 53 62
Depreciation 13 53 63 62 70 87 101 115
Profit before tax 25 -18 -25 20 82 104 70 46
Tax % 30% 39% 17% 44% 20% 18% 18%
18 -24 -29 11 66 85 57 33
EPS in Rs 22.33 -31.92 -15.69 6.19 17.88 21.32 13.56 7.77
Dividend Payout % 3% 0% 0% 0% 0% 11% 11%
Compounded Sales Growth
10 Years: %
5 Years: 3%
3 Years: 19%
TTM: 12%
Compounded Profit Growth
10 Years: %
5 Years: 35%
3 Years: 65%
TTM: -61%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -17%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 20%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 133 170 151 163 229 450 518 517
121 409 327 345 476 430 627 769
343 408 334 360 362 361 383 501
Total Liabilities 605 1,006 830 887 1,085 1,261 1,549 1,807
143 392 370 326 497 509 594 703
CWIP 43 0 1 2 5 6 2 9
Investments 0 0 10 13 17 16 16 16
419 614 449 546 566 730 937 1,079
Total Assets 605 1,006 830 887 1,085 1,261 1,549 1,807

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
13 55 210 76 76 71 41
-57 -38 -66 -34 -34 -72 -113
60 -28 -148 -38 -38 1 65
Net Cash Flow 16 -11 -5 5 5 -1 -8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 10 10 4 10 8 11 15
Inventory Days 58 50 43 64 48 59 78
Days Payable 61 10 11 22 21 15 16
Cash Conversion Cycle 6 50 37 52 35 55 77
Working Capital Days 5 19 5 28 20 36 58
ROCE % 8% 4% 12% 19% 20% 12%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.23% 55.18% 53.05% 52.87% 51.82% 51.59% 51.55% 51.62%
7.75% 6.98% 10.47% 8.61% 8.40% 8.74% 9.73% 9.82%
7.65% 7.52% 14.29% 15.47% 15.19% 15.86% 16.61% 14.28%
29.38% 30.31% 22.19% 23.04% 24.58% 23.80% 22.10% 24.28%
No. of Shareholders 51,16927,95327,80630,36033,39736,70038,52946,214

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

DRHP

Concalls