Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Year Ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30, 33 of SEBI (LODR) Regulations, 2015

Date of Board Meeting / Approval: May 26, 2026 (commenced at 4:00 p.m., concluded at 6:20 p.m.)

Audit Opinion: Unmodified opinion on both Standalone and Consolidated Financial Results

Auditor's Comment: No qualifications or modifications. Auditors issued unmodified opinions.

Key Financial Highlights [₹ in Millions]

Standalone Results:

Revenue from Operations (FY26): ₹8,003.33 (FY25: ₹6,843.67)

Total Income (FY26): ₹8,204.55 (FY25: ₹6,843.67)

Net Profit (FY26): ₹412.13 (FY25: ₹426.46)

EPS (FY26): Basic ₹9.95, Diluted ₹9.95 (FY25: Basic ₹10.32, Diluted ₹10.30)

Other Equity (as at March 31, 2026): ₹5,834.80 (March 31, 2025: ₹5,404.80)

Cash and Cash Equivalents (as at March 31, 2026): ₹153.32 (March 31, 2025: ₹48.60)

Debt:

  • Borrowings (Non-current): ₹80.19 (March 31, 2025: ₹258.49)
  • Borrowings (Current): ₹222.25 (March 31, 2025: ₹100.05)
  • Vehicle Floor Plan Payable: ₹1,172.79 (March 31, 2025: ₹837.55)
  • Lease Liabilities (Non-current): ₹659.09 (March 31, 2025: ₹435.31)
  • Lease Liabilities (Current): ₹199.09 (March 31, 2025: ₹180.26)

Consolidated Results:

Revenue from Operations (FY26): Not explicitly stated in summary tables

Total Income (FY26): Not explicitly stated in summary tables

Net Profit (FY26): Not explicitly stated in summary tables

EPS (FY26): Not explicitly stated in summary tables

Other Equity (as at March 31, 2026): ₹5,638.03 (March 31, 2025: ₹5,333.50)

Cash and Cash Equivalents (as at March 31, 2026): ₹363.48 (March 31, 2025: ₹237.14)

Debt:

  • Borrowings (Non-current): ₹212.69 (March 31, 2025: ₹421.20)
  • Borrowings (Current): ₹4,770.37 (March 31, 2025: ₹4,836.88)
  • Vehicle Floor Plan Payable: ₹1,393.34 (March 31, 2025: ₹1,014.86)
  • Lease Liabilities (Non-current): ₹3,056.69 (March 31, 2025: ₹2,773.54)
  • Lease Liabilities (Current): ₹720.25 (March 31, 2025: ₹672.34)

For all financial metrics: The results show material changes relative to the prior comparable period, with increases in revenue and other equity, and a decrease in standalone net profit.

Segment-wise Performance:

The Group has a single business segment as defined in Ind AS 108 - dealership of cars. There is no geographical segment to be reported since all operations are undertaken in India.

Corporate Actions:

Dividend: Recommended Final Dividend at 30.00% i.e. ₹1.50 per equity share of face value ₹5/- each for FY 2025-26, subject to approval of shareholders at the ensuing Annual General Meeting.

Amalgamation: Approved scheme of amalgamation between Landmark Cars Limited (Transferee Company) and Landmark Cars (East) Private Limited (Transferor Company) under Sections 230 and 233 of the Companies Act, 2013. The scheme is subject to necessary statutory and regulatory approvals.

ESOP: Approved grant of 37,000 Stock Options to eligible employees under Landmark Employee Stock Option Plan - 2023.

Other Significant Information:

Business Model Change: The dealership agreement with Mercedes-Benz India Private Limited (MBIL) converted to an agency model. The company now earns commission on car sales rather than recognizing full sales value. For FY26, value of cars sold on behalf of MBIL was ₹19,376.14 million (consolidated) and ₹16,425.66 million (standalone).

Exceptional Items: FY26 included exceptional items of ₹16.55 million (consolidated) related to loss on discard of immovable property and relocation costs. FY25 had exceptional items of ₹46.26 million.

Labour Code Impact: The New Labour Codes effective November 23, 2025 resulted in incremental gratuity impact of ₹19.27 million (consolidated) and ₹25.94 million (standalone), treated as exceptional items.

Subsidiaries: The consolidated financials include 13 subsidiaries. Landmark Cars (East) Private Limited became wholly owned subsidiary effective October 6, 2025.

New Subsidiary: Landmark Luxury Retail Private Limited, a wholly owned subsidiary, was incorporated on August 14, 2025 for retail trading of luxury items.