Landmark Cars Q4FY26 Revenue Grows 17% to ₹1,790 Cr, Annual Revenue Up 19%
Landmark Cars delivered robust Q4FY26 results with consolidated revenue of ₹1,790 crore, representing 17.30% year-on-year growth. Annual FY26 revenue reached a record ₹6,713 crore, up 19.32% from the previous year, driven by strong vehicle sales growth of 20.79% and after-sales service expansion of 11.95%.

*this image is generated using AI for illustrative purposes only.
Landmark Cars has reported strong financial performance for Q4FY26, with consolidated revenue from operations reaching ₹1,790 crore, representing a 17.30% year-on-year increase. The luxury automotive dealership network demonstrated robust growth momentum despite global market uncertainties, achieving its highest annual proforma revenue from operations.
Q4FY26 Financial Performance
The company's quarterly results show comprehensive growth across all business segments. Vehicle sales, including agency sales and pre-owned vehicle sales, contributed significantly to the overall performance.
| Particulars (₹ in Cr): | Q4FY26 | Q4FY25 | YoY Growth | Q3FY26 | QoQ Change |
|---|---|---|---|---|---|
| Total Revenue from Operations: | 1,790 | 1,526 | +17.30% | 1,851 | -3.30% |
| Vehicle Sales: | 1,508 | 1,281 | +17.72% | 1,572 | -4.07% |
| After-sales Service & Others: | 282 | 245 | +15.10% | 279 | +1.08% |
Annual Performance Highlights
For the full fiscal year FY26, Landmark Cars achieved exceptional growth across all revenue streams, marking a significant milestone in the company's expansion trajectory.
| Annual Performance (₹ in Cr): | FY26 | FY25 | YoY Growth |
|---|---|---|---|
| Total Revenue from Operations: | 6,713 | 5,626 | +19.32% |
| Vehicle Sales: | 5,664 | 4,689 | +20.79% |
| After-sales Service & Others: | 1,049 | 937 | +11.95% |
Business Developments and Market Position
The company's after-sales business delivered its highest-ever quarterly performance, supported by the ramp-up and stabilization of newly opened workshops. The normalized performance of these workshops aligns with management expectations and contributes to sustained revenue growth.
Demand momentum remained strong post GST 2.0 implementation, enabling robust quarterly sales performance. Year-end sales momentum in March particularly contributed to the positive results, despite prevailing global market uncertainties.
Product Portfolio Expansion
Landmark Cars commenced deliveries of several key models during the March quarter, including the Mercedes Benz V Class, Mahindra XUV 7XO, Mahindra XEV 9S, and the new-generation Kia Seltos. These launches are expected to drive healthy sales momentum in upcoming quarters.
The company anticipates further portfolio expansion with sales of Mercedes Benz CLA, MG Majestor, and the new Renault Duster scheduled to commence in the June quarter. However, quarterly growth was slightly impacted by supply constraints in BYD car availability, with normalized supply expected to resume in the June quarter.
Recognition and Awards
During the quarter, Landmark Cars received multiple industry recognitions, including the BYD Volume Leader APAC 2025 Global Award, Mercedes Benz's Best Partner in Marketing and Best Partner in People Management awards, and Volkswagen's Best Performance in Marketing Activities award.
Historical Stock Returns for Landmark Cars
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.62% | +2.06% | +18.98% | -34.49% | +2.79% | -5.90% |
How will the normalization of BYD supply constraints in Q1FY27 impact Landmark Cars' overall vehicle sales growth trajectory?
What market share gains can Landmark Cars expect from the upcoming launches of Mercedes Benz CLA, MG Majestor, and new Renault Duster in the June quarter?
Will the company's after-sales revenue growth of 11.95% be sustainable as the newly opened workshops reach full operational capacity?


































