Landmark Cars (LANDMARK) | Financial Analysis & Statements
Landmark Cars Ltd. Small-cap Consumer Cyclical
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Sep 2025Income Metrics
Revenue
12.1B
Gross Profit
1.9B
15.76%
Operating Income
159.0M
1.31%
Net Income
15.0M
0.12%
EPS (Diluted)
₹0.29
Balance Sheet Metrics
Total Assets
19.7B
Total Liabilities
14.0B
Shareholders Equity
5.7B
Debt to Equity
2.48
Cash Flow Metrics
Operating Cash Flow
42.9M
Free Cash Flow
444.8M
Revenue & Profitability Trend
Quarter Income Flow
Sep 30, 2025
Annual Income Flow
2025
Landmark Cars Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 38.6B | 31.7B | 32.9B | 29.1B | 19.0B |
| Cost of Goods Sold | 33.9B | 27.0B | 28.2B | 25.4B | 16.7B |
| Gross Profit | 4.7B | 4.7B | 4.7B | 3.7B | 2.4B |
| Gross Margin % | 12.1% | 14.9% | 14.2% | 12.8% | 12.5% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 503.8M | 486.2M | 364.7M | 271.0M | 205.9M |
| Other Operating Expenses | 1.0B | 963.4M | 864.7M | 682.2M | 441.0M |
| Total Operating Expenses | 1.5B | 1.4B | 1.2B | 953.1M | 646.9M |
| Operating Income | 741.2M | 1.0B | 1.4B | 958.5M | 445.8M |
| Operating Margin % | 1.9% | 3.2% | 4.1% | 3.3% | 2.3% |
| Non-Operating Items | |||||
| Interest Income | 33.5M | 29.7M | 45.4M | 48.5M | 50.6M |
| Interest Expense | 724.8M | 528.5M | 501.8M | 341.5M | 367.2M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 252.5M | 695.4M | 1.0B | 822.7M | 197.8M |
| Income Tax | 79.2M | 123.2M | 190.0M | 160.9M | 86.3M |
| Effective Tax Rate % | 31.3% | 17.7% | 18.3% | 19.6% | 43.6% |
| Net Income | 173.4M | 572.2M | 851.0M | 661.8M | 111.5M |
| Net Margin % | 0.4% | 1.8% | 2.6% | 2.3% | 0.6% |
| Key Metrics | |||||
| EBITDA | 2.3B | 2.3B | 2.5B | 1.9B | 1.2B |
| EPS (Basic) | ₹3.85 | ₹13.82 | ₹22.56 | ₹16.54 | ₹2.86 |
| EPS (Diluted) | ₹3.85 | ₹13.77 | ₹21.74 | ₹16.54 | ₹2.86 |
| Basic Shares Outstanding | 41342945 | 40531091 | 37448811 | 39592118 | 39592118 |
| Diluted Shares Outstanding | 41342945 | 40531091 | 37448811 | 39592118 | 39592118 |
Income Statement Trend
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Landmark Cars Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 227.1M | 114.9M | 193.8M | 200.1M | 150.3M |
| Short-term Investments | 21.8M | 58.5M | 43.1M | 66.5M | 266.2M |
| Accounts Receivable | 1.8B | 1.3B | 1.0B | 641.6M | 557.8M |
| Inventory | 6.5B | 5.7B | 4.5B | 3.3B | 2.9B |
| Other Current Assets | 1.2B | 953.9M | - | - | - |
| Total Current Assets | 10.5B | 9.0B | 7.0B | 5.4B | 5.2B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 251.0M | 219.7M | 187.8M | 173.3M | 149.5M |
| Goodwill | 1.2B | 1.2B | 1.2B | 1.2B | 504.0M |
| Intangible Assets | 176.8M | 207.0M | 215.4M | 269.1M | 40.7M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 10.0K | 35.1M | - | - | - |
| Total Non-Current Assets | 8.4B | 6.5B | 5.6B | 5.4B | 3.6B |
| Total Assets | 18.9B | 15.5B | 12.6B | 10.9B | 8.9B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 1.4B | 1.1B | 1.2B | 1.4B | 1.0B |
| Short-term Debt | 6.5B | 4.6B | 3.0B | 3.1B | 3.1B |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 200.1M | 166.7M | 148.8M | 155.3M | 65.7M |
| Total Current Liabilities | 9.4B | 7.1B | 5.5B | 6.0B | 5.5B |
| Non-Current Liabilities | |||||
| Long-term Debt | 3.2B | 2.6B | 2.1B | 2.3B | 1.5B |
| Deferred Tax Liabilities | 18.8M | 26.5M | 0 | 5.8M | 8.6M |
| Other Non-Current Liabilities | 697.4M | 335.5M | 13.5M | - | 160.0K |
| Total Non-Current Liabilities | 3.9B | 3.0B | 2.4B | 2.4B | 1.6B |
| Total Liabilities | 13.3B | 10.1B | 7.9B | 8.4B | 7.1B |
| Equity | |||||
| Common Stock | 206.9M | 206.5M | 198.1M | 183.1M | 183.1M |
| Retained Earnings | 1.9B | 1.8B | 1.3B | 488.6M | -154.6M |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 5.6B | 5.4B | 4.7B | 2.5B | 1.8B |
| Key Metrics | |||||
| Total Debt | 9.7B | 7.3B | 5.1B | 5.4B | 4.6B |
| Working Capital | 1.1B | 1.9B | 1.5B | -516.0M | -215.4M |
Balance Sheet Composition
Landmark Cars Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 252.5M | 695.4M | 1.0B | 822.7M | 197.8M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | 27.9M | 8.9M | 8.5M | 3.0M | 10.0K |
| Working Capital Changes | -958.9M | -1.5B | -1.2B | -1.1B | -1.2B |
| Operating Cash Flow | 1.7M | -296.9M | 279.2M | -23.6M | -687.5M |
| Investing Activities | |||||
| Capital Expenditures | -1.3B | -785.3M | -683.2M | -358.0M | -128.4M |
| Acquisitions | -379.2M | -367.8M | -284.7M | -204.0M | 0 |
| Investment Purchases | - | 0 | -118.4M | -48.3M | -45.9M |
| Investment Sales | 25.4M | 5.1M | 0 | 0 | 23.0M |
| Investing Cash Flow | -1.7B | -1.1B | -859.9M | -381.0M | -262.1M |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | -63.2M | -91.2M | -14.6M | -13.7M | - |
| Debt Issuance | 289.2M | 359.2M | 10.0M | 107.8M | 278.9M |
| Debt Repayment | -239.4M | -110.2M | -261.6M | -141.8M | -309.6M |
| Financing Cash Flow | 1.6B | 1.7B | 1.1B | 356.8M | 290.8M |
| Free Cash Flow | 146.8M | -443.8M | -9.5M | 348.9M | 279.6M |
| Net Change in Cash | -81.4M | 208.4M | 496.8M | -47.8M | -658.9M |
Cash Flow Trend
Landmark Cars Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
75.30
Forward P/E
16.06
Price to Book
3.14
Price to Sales
0.38
PEG Ratio
3.09
Profitability Ratios
Profit Margin
0.50%
Operating Margin
2.66%
Return on Equity
2.85%
Return on Assets
0.84%
Financial Health
Current Ratio
1.09
Debt to Equity
166.57
Beta
0.85
Per Share Data
EPS (TTM)
₹5.73
Book Value per Share
₹137.35
Revenue per Share
₹1,137.59
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| LANDMARK | 17.9B | 75.30 | 3.14 | 2.85% | 0.50% | 166.57 |
| Cartrade Tech | 81.3B | 44.86 | 3.64 | 5.79% | 26.86% | 5.25 |
| Popular Vehicles | 7.2B | 38.86 | 1.14 | -1.64% | -0.35% | 176.22 |
| Competent | 2.2B | 11.56 | 0.61 | 5.89% | 0.83% | 123.82 |
| Hira Automobiles | 562.8M | 147.36 | - | 5.40% | 8.80% | - |
| Raghuvansh Agrofarms | 93.8M | 4.34 | 0.55 | 13.54% | 9.88% | 72.77 |
Financial data is updated regularly. All figures are in the company's reporting currency.





