Landmark Cars Limited has informed the Exchange regarding Grant of 37000 Options.
LANDMARK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.3 pts less than Nifty Microcap 250 and 6.1 pts less than its Automobiles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Landmark Cars Limited reported strong FY26 consolidated results with profit after tax surging 120% to Rs 380.62 million from Rs 173.37 million in FY25, driven partly by a low base and operational efficiencies. Revenue from operations was broadly flat at Rs 40,254.98 million vs Rs 40,387.71 million. The auditors (MSKC & Associates) issued unmodified opinions on both standalone and consolidated financials. The Board recommended a final dividend of Rs 1.50 per share (30%) subject to shareholder approval. It also approved a scheme to amalgamate wholly-owned subsidiary Landmark Cars (East) Private Limited into the parent, appointed Ernst & Young LLP as internal auditor for FY27, granted 37,000 stock options to eligible employees under the ESOP 2023 plan, and considered a promoter group member's request for reclassification to the public category.
The sharp PAT growth and clean audit opinions are positive signals for investors. The amalgamation of the East subsidiary and the stock option grant align management incentives. The flat full-year revenue warrants monitoring given the strong PAT growth may partly be cost-related.