Name: Latest research reports of Landmark Cars Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Landmark Cars Ltd.
Rating: 5
Author: ICICI Securities Limited

Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report	Discuss
29 Sep 2025	Landmark Cars	Consensus Share Price Target	602.55	730.00	-	21.15	buy	pdf Detailed Estimates
13 Feb 2025	Landmark Cars	ICICI Securities Limited Reco Target	602.55	650.00	477.65 (26.15%)	Target met	Buy	pdf post cache	Broker Report New store additions to drive growth ahead ICICI Securities Limited Landmark Cars’ (LMC) EBITDAM at 5.6%, was down 20bps QoQ, led by weaker gross margins as service revenues at new outlets is in ramp-up phase. pdf Copy Link Share on Share on Share on Share on Alert
15 Aug 2024	Landmark Cars	Monarch Networth Capital Limited Target	602.55	845.00	562.35 (7.15%)		Buy	pdf post cache	Broker Report Landmark Cars - Long-term outlook remains resilient Monarch Networth Capital Limited pdf Copy Link Share on Share on Share on Share on Alert
29 Feb 2024	Landmark Cars	ICICI Direct	602.55	920.00	758.35 (-20.54%)		Buy	pdf post cache	Broker Report Landmark Cars ICICI Direct pdf Copy Link Share on Share on Share on Share on Alert
17 Jan 2024	Landmark Cars	Prabhudas Lilladhar	602.55		832.65 (-27.63%)		Not Rated	pdf post cache	Broker Report LANDMARK CARS LTD. Prabhudas Lilladhar pdf Copy Link Share on Share on Share on Share on Alert
13 Nov 2023	Landmark Cars	Monarch Networth Capital Limited Target	602.55	950.00	759.15 (-20.63%)		Buy	pdf post cache	Broker Report Landmark Cars - Mastering rough terrain elegantly Monarch Networth Capital Limited pdf Copy Link Share on Share on Share on Share on Alert
15 Aug 2023	Landmark Cars	ICICI Securities Limited	602.55	766.00	725.00 (-16.89%)	Target met	Accumulate	pdf post cache	Broker Report Weak Q1 performance due to lower scale; going ahead co expects volume increase ICICI Securities Limited Landmark Cars’ (LMC) Q1FY24 EBITDA margin at 6.4% was down 70bps QoQ (I-Sec estimate: 7.3%). Margin weakness was due to lower scale with new car volumes down 30% YoY/23% QoQ at ~3.8k, led by limited supplies from key OEMs on account of BS6 phase 2 transition. pdf Copy Link Share on Share on Share on Share on Alert
12 Jun 2023	Landmark Cars	ICICI Securities Limited	602.55	766.00	670.45 (-10.13%)	Target met	Accumulate	pdf post cache	Broker Report Beneficiary of domestic car premiumisation ICICI Securities Limited We initiate coverage on Landmark Cars (LMC) with an ADD rating and DCF-based target price of Rs766, implying multiple of 18x FY25E earnings. We believe, LMC is a direct beneficiary of the ongoing car premiumisation in India, which has resulted in a rising proportion of UVs and 10%+ CAGR in car ASP during FY21-FY23. pdf Copy Link Share on Share on Share on Share on Alert
04 May 2023	Landmark Cars	Monarch Networth Capital Limited	602.55	830.00	621.20 (-3.00%)	Target met	Buy	pdf post cache	Broker Report Landmark Cars - Driving India's carvolution Monarch Networth Capital Limited pdf Copy Link Share on Share on Share on Share on Alert
20 Feb 2023	Landmark Cars	Ventura	602.55	987.00	612.65 (-1.65%)		Buy	pdf post cache	Broker Report LANDMARK CARS LTD. Ventura A proxy play on the premium automobile growth story pdf Copy Link Share on Share on Share on Share on Alert
13 Dec 2022	Landmark Cars	Hem Securities	602.55				IPO Subscribe	pdf post cache	Broker Report Landmark Cars Limited Hem Securities pdf Copy Link Share on Share on Share on Share on Alert
13 Dec 2022	Landmark Cars	Ventura	602.55				IPO Subscribe	pdf post cache	Broker Report LANDMARK CARS LTD. Ventura IPO NOTE pdf Copy Link Share on Share on Share on Share on Alert
12 Dec 2022	Landmark Cars	HDFC Securities	602.55				IPO Note	pdf post cache	Broker Report IPO Note - Landmark Cars Limited 12122022 HDFC Securities Issue Snapshot: Issue Open: Dec 13 Dec 15, 2022 Price Band: Rs. 481 506 (Discount of Rs 48 for all eligible employees) *Issue Size: 552.0 cr (Fresh issue of Rs 150.0 cr + Offer for sale of Rs 402.0 cr) Reservation for: QIB upto 50% eq sh Non-Institutional atleast 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail atleast 35% eq sh Face Value: Rs 5 Book value: Rs 73.25 (June 30, 2022) Bid size: - 29 equity shares and in multiples thereof 100% Book built Issue IPO Note - Landmark Cars Limited pdf Copy Link Share on Share on Share on Share on Alert
12 Dec 2022	Landmark Cars	ICICI Direct	602.55				IPO Note	pdf post cache	Broker Report Landmarks Cars: IPO ICICI Direct pdf Copy Link Share on Share on Share on Share on Alert

82.70% Gain from 52W Low

Landmark Cars Ltd. share price target

Landmark Cars Ltd. has an average share price target of 650. The consensus estimate represents an upside of 7.87% from the last price of 602.55. View 1 reports from 1 analysts offering long-term price targets for Landmark Cars Ltd..

New store additions to drive growth ahead

Landmark Cars - Long-term outlook remains resilient

Landmark Cars

LANDMARK CARS LTD.

Landmark Cars - Mastering rough terrain elegantly

Weak Q1 performance due to lower scale; going ahead co expects volume increase

Beneficiary of domestic car premiumisation

Landmark Cars - Driving India's carvolution

LANDMARK CARS LTD.

Landmark Cars Limited

LANDMARK CARS LTD.

IPO Note - Landmark Cars Limited 12122022

Landmarks Cars: IPO

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