Landmark Cars to host investor group meeting on October 20, 2026

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Landmark Cars Limited scheduled a group meeting for investors and analysts
  • Event date set for October 20, 2026, starting at 5:00 pm in Mumbai
  • Discussions limited to publicly available information; no UPSI intended
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*this image is generated using AI for illustrative purposes only.

Landmark Cars Limited announced it will host a group meeting for investors and analysts on October 20, 2026. The event is scheduled to begin at 5:00 pm in Mumbai.

The company stated that discussions during the interaction will be based strictly on publicly available information. Management confirmed that no unpublished price sensitive information (UPSI) is intended to be discussed with participants.

Meeting Details

The meeting is organized pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The format and location are outlined below:

Date Time Nature of Meeting Mode Location
October 20, 2026 5:00 pm onwards Group Meeting Physical Mumbai

The company noted that changes to the schedule may occur due to exigencies on the part of the host or the company.

Historical Stock Returns for Landmark Cars

1 Day5 Days1 Month6 Months1 Year5 Years
-3.40%-5.06%-6.42%+7.57%-29.03%-0.39%

How might the insights shared at this meeting influence Landmark Cars' stock valuation ahead of its upcoming quarterly earnings report?

What specific growth strategies or expansion plans is management expected to highlight regarding the pre-owned car market in India?

Will the company provide updated guidance on same-store sales growth or new dealership openings for the remainder of the fiscal year?

Landmark Cars Q2FY27 Results: Revenue rises 17% YoY to ₹1,943 crore

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Consolidated revenue rose 17.26% YoY to ₹1,943 crore in Q2FY27
  • Vehicle sales grew 18.46% YoY, outpacing after-sales growth of 10.63%
  • Strategic partnership with OLX India launched for pre-owned car platform
  • Gujarat floods impacted operations, but festive demand remains robust
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*this image is generated using AI for illustrative purposes only.

Landmark Cars reported consolidated total revenue from operations of ₹1,943 crore for the quarter ended September 30, 2026, marking a 17.26% year-on-year increase. This figure represents the company's highest-ever quarterly topline on a proforma basis.

The growth was supported by outlet ramp-up and stabilization, alongside strong customer interest during the ongoing festive season. While the first half is seasonally weaker than the second, business activity typically gains momentum during the festive period, which started in October this year compared to September last year.

Revenue performance details

The following table summarises the key revenue metrics for Q2FY27 and H1FY27:

Metric Q2FY27 Q2FY26 YoY Change H1FY27 H1FY26 YoY Change
Total Revenue from Operations ₹1,943 crore ₹1,657 crore +17.26% ₹3,675 crore ₹3,073 crore +19.59%
Vehicle Sales (incl. Agency & Pre-Owned) ₹1,662 crore ₹1,403 crore +18.46% ₹3,127 crore ₹2,584 crore +21.01%
After-sales Service and Spares ₹281 crore ₹254 crore +10.63% ₹548 crore ₹489 crore +12.07%

Note: Proforma revenue includes sales through the Mercedes-Benz agency model, where Landmark earns commission on each sale.

Strategic partnerships and product launches

Landmark Cars entered a strategic partnership with OLX India, part of CarTrade Tech, to develop an integrated phygital pre-owned car platform. This alliance combines OLX India's digital reach with Landmark's physical retail network to offer customers a seamless car buying and selling experience.

Partner OEMs continue to drive new launches across premium, luxury, and EV segments. Recent launches, including the Kia Sorento, MG Hector Tomahawk, and BYD Sealion 7 Dynamic, are expected to commence full-scale deliveries from October. The next quarter will feature key launches such as the India-made Mercedes-Benz GLC EV and BYD’s luxury brand, Denza. The company also expects improved availability of the Mercedes-Benz CLA EV following strong customer demand.

Operational challenges and outlook

Significant flooding in Gujarat during Q2FY27 affected business operations, impacting new vehicle sales and after-sales activities in the affected regions. Despite this disruption, management remains optimistic about the festive season and expects to enter H2 on a strong footing, supported by a healthy pipeline of customer enquiries and bookings.

What the numbers show

The data reveals a divergence in growth rates between vehicle sales and after-sales services. Vehicle sales grew 18.46% YoY in Q2FY27, outpacing the 10.63% growth in after-sales service and spares. This suggests that the current revenue surge is primarily driven by new vehicle volumes rather than service retention or ancillary income. Furthermore, the half-yearly vehicle sales growth of 21.01% significantly exceeds the quarterly rate, indicating that Q1FY27 contributed disproportionately to the half-yearly momentum compared to Q2FY27.

Historical Stock Returns for Landmark Cars

1 Day5 Days1 Month6 Months1 Year5 Years
-3.40%-5.06%-6.42%+7.57%-29.03%-0.39%

How will the shift of the festive season to October impact Q3FY27 revenue recognition compared to the previous year's September-heavy festive period?

What are the projected gross margin implications as the company scales its Mercedes-Benz agency model, which generates commission rather than direct sales revenue?

To what extent will the new OLX India phygital partnership contribute to pre-owned vehicle volumes and margins in the upcoming quarters?

More News on Landmark Cars

1 Year Returns:-29.03%