Landmark Cars Share Price Jumps 14%; Records Highest Single-Day Gain Since Listing — What Triggered It?
In terms of trading activity, over 8 lakh shares changed hands within the first hour—its highest single-day volume since December 2023.
The Indian equity benchmark indices were trading flat on Thursday, June 19. However, one Small-Cap stock stood out as its share price jumped 14 per cent during the first hour of the trading session.
Landmark Cars share price has risen as much as 14 per cent on June 19, marking the highest single-day price gain since its listing. The stock opened at Rs 491.05, made an intraday low of Rs 490 early in the session, and then gained steadily to reach an intraday high of Rs 561.70 by 9:57 AM. With this sharp rally, the share price touched a level not seen in over five months.
In terms of trading activity, over 8 lakh shares changed hands within the first hour—its highest single-day volume since December 2023.
For FY25, Landmark Cars Limited reported a proforma total revenue of Rs 5,626 crore, reflecting a 20.9 per cent year-on-year increase compared to Rs 4,655 crore in FY24. The company’s Q4 FY25 proforma revenue stood at Rs 1,526 crore, up 17.4 per cent from Rs 1,300 crore in the same quarter last year. Gross profit for FY25 was Rs 710 crore, representing a 9 per cent rise from Rs 651 crore in FY24, while the gross margin on reported revenue remained around 12.6 per cent. EBITDA came in at Rs 235 crore for FY25, slightly higher than Rs 227 crore in FY24, indicating a modest improvement in operating profitability.
Landmark Cars achieved its highest-ever proforma annual revenue, supported by a diverse brand portfolio catering to the premium and luxury vehicle segments. The company’s growth outpaced the passenger vehicle industry, which grew at 5 per cent, with Landmark growing by approximately 21 per cent—helped by the addition of brands like Kia, MG, and Mahindra.
In its FY26 outlook, Landmark Cars’ management anticipates mid-single-digit growth in the passenger vehicle industry. The company aims to outperform industry trends in both revenue and profitability. As its outlets mature and after-sales contributions rise, the management expects a return to higher margins. The contribution of after-sales services from new brands, currently at 9 per cent, is projected to increase to 15–17 per cent, which could positively influence gross margins. Additionally, Landmark's positioning as a key partner for EV players such as BYD and MG is expected to support its growth amid rising electric vehicle adoption.
Disclaimer: The article is for informational purposes only and not investment advice.