Landmark Cars jumps 17.5% to six-month high on record June-quarter sales
Auto retailer Landmark Cars posted Q1 revenue of ₹1,733 crore, up 22.47% YoY, driven by vehicle sales (₹1,465 crore, +24.15%) and after-sales (₹268 crore, +14.04%). Shares surged to a six-month high of ₹496.70, though still 47.3% below the all-time high of ₹905.
What happened
Auto retailer Landmark Cars' shares jumped 17.5% to a six-month high after record Q1 sales, with revenue up 22.47% YoY to ₹1,733 crore, driven by vehicle and
Key facts
- shares up 17.5%
- ₹496.70 six-month high
- revenue ₹1,733 crore up 22.47% YoY
- vehicle sales ₹1,465 crore up 24.15%
- after-sales ₹268 crore up 14.04%
- down 47.3% from all-time high ₹905
Why this matters
Record Q1 sales and renewed market confidence strengthen Landmark's hand for dealership network expansion or bolt-on acquisitions while the valuation still trades at a discount to its historical high.
What to watch
- Q2 FY guidance and margin commentary from management
- EBITDA margin vs revenue growth divergence
- New OEM/EV brand dealership additions
- Festive-season demand indicators (India Q2/Q3 auto sales)
- Volume vs value split — whether growth is unit-led or price-led
- Watch for brokerage upgrades/price-target revisions post record quarter
- Monitor promoter/institutional holding changes in next filing
- Track after-sales margin trajectory as high-margin revenue mix indicator
- Compare peer auto retailers (dealership networks) for sector read-through