Landmark Cars Limited disclosed that its promoter, Sanjay Karsandas Thakker, acquired 13,600 equity shares from the open market on May 29, 2026. This purchase increased his total shareholding in the company to 36.38%, signaling confidence in the automotive retailer's prospects. The transaction was executed on the National Stock Exchange (NSE) and valued at ₹50,360,256.

The disclosure was filed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Due to technical challenges with the NEAPS Portal utility for XBRL filing, the company submitted the information as a corporate announcement update. The filing was signed by Amol Arvind Raje, Company Secretary and Compliance Officer, on May 30, 2026.

Prior to this acquisition, Thakker held 15,069,768 shares, representing a 36.34% stake. Following the purchase, his holding stands at 15,083,368 shares. The transaction details confirm a market purchase mode, with the acquisition and sale dates both recorded as May 29, 2026.

Transaction Details

The company confirmed that the relevant utility document has been attached to the filing for due disclosure. Landmark Cars Limited, listed under the symbol LANDMARK, is headquartered in Ahmedabad and operates through its registered office at Landmark House on S. G. Highway.

Landmark Cars Limited reported a consolidated net profit of ₹381 million for the financial year ended March 31, 2026, a 120% increase from ₹173 million in the previous year. The company's revenue from operations increased to ₹49,144 million in FY26 from ₹40,388 million in FY25. For the quarter ended March 31, 2026, the net profit stood at ₹150 million compared to ₹17.53 million in the same period last year, while revenue from operations was ₹12,816 million versus ₹10,973 million in the year-ago period. The board recommended a final dividend of ₹1.50 per equity share for FY26, subject to shareholder approval.

Financial Performance

The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. M/s. MSKC & Associates, Statutory Auditors, issued an unmodified opinion on the results. Earnings per share (EPS) increased to ₹9.01 in FY26 from ₹3.85 in FY25. The company reported its highest ever annual EBITDA of ₹2,830 million, an increase of 20.5% year-on-year. On a quarterly basis, EBITDA rose sharply to ₹756 million from ₹547 million in the same period last year, with the EBITDA margin expanding to 5.92% from 5.01% year-on-year.

The following table summarises the key financial metrics for the full year and the quarter:

Operational Highlights

During FY26, the company crossed the milestone of ₹10,000 million in revenue from after-sales. The after-sales business reported revenue of ₹10,508 million with an EBITDA margin of 18.1%. The company generated ₹2,675 million as operating cash flow in FY26. The net cash flows from operating activities to EBITDA conversion ratio stood at 0.95 for the year.

Expansion and Governance

The board recommended a final dividend of ₹1.50 per equity share for FY26, subject to shareholder approval. The board approved a scheme of amalgamation between Landmark Cars Limited and its wholly-owned subsidiary, Landmark Cars (East) Private Limited. The company added three major brands during the period, expanding its portfolio from 8 to 11 brands, with these new brands contributing approximately 20% to total proforma revenues.