Latest news with #LandmarkCars
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Business Standard
3 days ago
- Automotive
- Business Standard
Why is Landmark Cars share price under pressure today? Find out here
Landmark Cars share price: Shares of Landmark Cars were under pressure on Friday, May 30, 2025, with the stock falling up to 7.46 per cent to an intraday low of ₹447.80 per share. Around 11:20 AM, Landmark Cars shares were off day's low, and were trading 3.95 per cent lower at ₹464.85 per share. In comparison, BSE Sensex was trading 0.29 per cent lower at 81,400.29 levels. Why is Landmark Cars' share falling in trade today? Landmark Cars shares were under pressure after the company posted a massive drop in profit in the March quarter of FY25 (Q4FY25) results. The company's profit nosedived 86.7 per cent year-on-year (Y-o-Y) to ₹1 crore in Q4FY25, from ₹11 crore in the same quarter a year ago. 'PAT is impacted primarily due to high depreciation and the Ind AS effect by the addition of new outlets and the impact of fair valuation of ESOP grants ₹2.8 crore,' Landmark Cars said, in a statement. However, revenue from operations soared 26.3 per cent Y-o-Y to ₹1,091.2 crore in Q4FY25, from ₹863.9 crore a year ago. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) rose merely 2 per cent Y-o-Y to ₹54.5 crore, from ₹53.4 crore a year ago. Ebitda margin, meanwhile, squeezed to 5 per cent in the March quarter of FY25, from 6.2 per cent in the same quarter of previous fiscal year (Q4FY24). Additionally, the company reported record-high proforma and reported annual revenues for FY25 at 5,626.1 crore, from 4,655.4 crore in FY24, driven primarily by the rapid growth of new brands and continued footprint expansion. FY25 also marked the highest-ever annual gross profit. However, Mercedes-Benz sales in Q4FY25 fell short-of-expectations on a Y-o-Y basis due to capital market volatility, which negatively impacted both proforma revenue and gross margin for the quarter. Sales of Mercedes-Benz have since rebounded and returned to a growth trajectory beginning in Q1FY26. The full benefit of newly launched showrooms and workshops is expected to materialise over FY26 and FY27, the company said. The company currently maintains a new car inventory of 45 days—below the industry average of 50 to 55 days, it added. Check Astonea Labs IPO allotment status Landmark Cars dividend Landmark Cars board of directors has recommended a final dividend at 10 per cent i.e. Re 0.50 only per equity share of the face value of Rs 5- each for FY25, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company. About Landmark Cars Landmark Cars Limited is among India's leading automotive retailers, specialising in premium and luxury vehicle brands. Established in 1998, the company has built a strong reputation through its expansive network of showrooms, workshops, and value-added services. It is known for its dealership partnerships with globally recognised brands such as Mercedes-Benz, Jeep, Honda, Volkswagen, and Renault, and also represents emerging names like BYD, Morris Garages, Mahindra, and KIA. In addition to retailing passenger vehicles, Landmark Cars also manages the commercial vehicle business for Ashok Leyland. The company offers a comprehensive range of services beyond vehicle sales, including repairs and maintenance, insurance facilitation, accessories sales, and financing options.
Business Standard
3 days ago
- Automotive
- Business Standard
Landmark Cars drops after Q4 PAT slumps 87% YoY to Rs 1 cr
Landmark Cars fell 5.79% to Rs 455.95 after the company's consolidated net profit declined 86.6% YoY to Rs 1.42 crore despite a 26.3% jump in revenue from operations to Rs 1,091.22 crore in Q4 FY25 over Q4 FY24. 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 companys 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 companys 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.
Business Standard
3 days ago
- Automotive
- Business Standard
Landmark Cars consolidated net profit declines 86.58% in the March 2025 quarter
Sales rise 26.30% to Rs 1091.22 crore 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. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1091.22863.97 26 4025.503287.89 22 OPM % 5.016.19 - 5.516.62 - PBDT 39.9342.57 -6 160.82173.74 -7 PBT 4.3515.44 -72 29.8872.43 -59 NP 1.4210.58 -87 15.9356.01 -72
Business Standard
4 days ago
- Business
- Business Standard
Indices trade with small gains; metal shares shine
The headline equity benchmarks traded near the flatline with some positive points in the morning trade, tracking positive cues from broader Asian markets and firm Wall Street futures. Investor sentiment was buoyed after a U.S. federal court blocked former President Donald Trump's proposed Liberation Day tariffs. The Nifty traded above the 24,750 mark. Metal shares advanced after declining for the past two consecutive trading sessions. The market could be volatile due to the monthly expiry of the Nifty F&O series today. At 10:30 ST, the barometer index, the S&P BSE Sensex, added 66.74 points or 0.08% to 81,368.63. The Nifty 50 index rose 9.10 points or 0.04% to 24,761.30. In the broader market, the S&P BSE Mid-Cap index rose 0.07% and the S&P BSE Small-Cap index added 0.23%. The market breadth was positive. On the BSE, 1,802 shares rose and 1,706 shares fell. A total of 218 shares were unchanged. Earnings Today: Bajaj Auto (up 0.63%), Landmark Cars (down 0.80%), Lemon Tree Hotels (up 0.53%), Mazagon Dock Shipbuilders (up 1.23%), Alkem Laboratories (down 0.56%), Amara Raja Energy & Mobility (down 0.50%), Mrs. Bectors Food Specialities (up 0.30%), Campus Activewear (down 1.08%), Century Plyboards (India) (up 0.84%), Concord Biotech (up 1.78%), Confidence Petroleum India (down 0.63%), Engineers India (down 2.98%), Gujarat Pipavav Port (down 0.63%), ICRA (up 3.81%), IPCA Laboratories (down 0.58%), JNK India (up 4.99%), Ola Electric Mobility (down 0.98%), Prestige Estate Projects (up 3.03%), Suzlon Energy (down 2.29%) will announce their quarterly earnings later today. Buzzing Index: The Nifty Metal index rose 0.97% to 9,329.45. The index shed 0.07% in previous two consecutive trading sessions. Welspun Corp (up 7.42%), Lloyds Metals & Energy (up 3.52%), Hindustan Copper (up 2.82%), Hindustan Zinc (up 2.24%) and Jindal Stainless (up 2.18%) were the top gainers, JSW Steel (up 1.77%), NMDC (up 1.74%), Jindal Steel & Power (up 1.14%), National Aluminium Company (up 0.89%) and Steel Authority of India (up 0.81%) added. Stocks in Spotlight: FDC fell 3.86% after the company's consolidated net profit declined 16.44% to Rs 38.67 crore, while revenue from operations rose 6.46% to Rs 491.89 crore in Q4 March 2025 over Q4 March 2024. Aurobindo Pharma rose 0.32%. The company said that its wholly owned subsidiary, Curateq Biologics has incorporated a new wholly owned subsidiary (WOS) in the Netherlands by the name of CuraTeQ Biologics B.V. Avanti Feeds rallied 4.74% after the company reported a 45.8% increase in consolidated net profit to Rs 151.77 crore on 7.9% increase in net sales to Rs 1,385.14 crore in Q4 FY25 over Q4 FY24.
Business Standard
4 days ago
- Business
- Business Standard
Stock Alert: Deepak Nitrite, Bata India, Welspun Corp, Avanti Feeds, IRCTC
Upcoming Results: Bajaj Auto, Landmark Cars, Lemon Tree Hotels, Mazagon Dock Shipbuilders, Alkem Laboratories, Amara Raja Energy & Mobility, Mrs. Bectors Food Specialities, Campus Activewear, Century Plyboards (India), Concord Biotech, Confidence Petroleum India, Engineers India, Gujarat Pipavav Port, ICRA, IPCA Laboratories, JNK India, Ola Electric Mobility, Prestige Estate Projects, Suzlon Energy will declare their results later today. Stocks to Watch: Deepak Nitrites consolidated net profit declined 20.3% to Rs 202.41 crore, despite a 2.5% jump in net sales to Rs 2,179.69 crore in Q4 FY25 over Q4 FY24. Insecticides (India) reported 84.7% jump in consolidated net profit to Rs 13.89 crore on 31.7% increase in net sales to Rs 358.92 crore in Q4 FY25 over Q4 FY24. Bata Indias consolidated net profit fell 27.9% to Rs 45.92 crore on 1.2% fall in net sales to Rs 788.21 crore in Q4 FY24 over Q4 FY25 Welspun Corps consolidated net profit surged 160.7% to Rs 698.31 crore, despite a 12% decline in net sales to Rs 3,924.97 crore in Q4 FY25 over Q4 FY24. Avanti Feeds reported a 45.8% increase in consolidated net profit to Rs 151.77 crore on 7.9% increase in net sales to Rs 1,385.14 crore in Q4 FY25 over Q4 FY24. Indian Railway Catering Tourism Corporation (IRCTC)s consolidated net profit jumped 26.1% to Rs 358.23 crore on 9.9% increase in net sales to Rs 1,268.53 crore in Q4 FY25 over Q4 FY24.
