Landmark reports thin profit conversion as management focuses on costs
The consolidated quarter produced Rs 14.55 cr of net profit, while management also disclosed a ChargeZone arrangement for EV customer charging benefits.
Filed 11 Aug 2026, 18:10 IST · after market close · LANDMARK (LANDMARK)
Key takeaways
- Consolidated Q1FY27 profit conversion was thin: Rs 72.00 cr of operating profit translated into Rs 14.55 cr of net profit after Rs 19.75 cr interest and Rs 36.34 cr depreciation.
- Other income was Rs 3.24 cr against profit before tax of Rs 19.15 cr, so net profit was not materially dependent on non-operating income.
- Management said it had implemented cost rationalisation and remained committed to cost discipline to improve profitability from the 5.53% operating margin.
Operating profit did not translate cleanly to net profit
Landmark reported consolidated revenue of Rs 1,302.36 cr and operating profit of Rs 72.00 cr in Q1FY27. Profit before tax was Rs 19.15 cr after Rs 19.75 cr of interest and Rs 36.34 cr of depreciation, leaving net profit at Rs 14.55 cr. The results were filed after market close on 11 Aug 2026.
Cost control is the stated route to better profitability
Management said it had implemented a cost rationalisation plan covering personnel and other expenses. It also said it remained committed to cost discipline with the goal of improving profitability. Other income of Rs 3.24 cr was modest relative to profit before tax, so the quarter's earnings were not chiefly supported by non-operating income.
ChargeZone arrangement adds an EV customer initiative
The company said it had entered an industry-first business arrangement between a retailer and a service provider with ChargeZone. Management said ChargeZone would provide Landmark EV customers with wallet credit usable at its charging locations and pay Landmark a percentage share of charging revenue for each onboarded customer. The disclosed arrangement extends beyond the quarter's financial performance, with no reported contribution quantified here.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹1,302 cr |
| Other income | ₹3 cr |
| Expenses | ₹1,230 cr |
| Operating profit | ₹72 cr |
| Operating margin (%) | 5.53% |
| Interest | ₹20 cr |
| Depreciation | ₹36 cr |
| Profit before tax | ₹19 cr |
| Tax | ₹5 cr |
| Net profit | ₹15 cr |
| EPS (₹) | ₹3.51 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Guidance & outlook
- The company is committed to maintaining cost discipline to further improve profitability.
New initiatives
- Landmark entered the industry's first business arrangement between a retailer and a service provider with ChargeZone.
- ChargeZone will provide Landmark EV customers with wallet credit usable at its charging locations.
- ChargeZone will pay Landmark a percentage share of charging revenue for each onboarded customer.
- The company implemented a cost rationalization plan focused on personnel and other expenses.
What to watch
- Whether operating margin holds above 5.53% as the cost rationalisation plan progresses.
- Whether net profit improves from Rs 14.55 cr without a larger contribution from other income than Rs 3.24 cr.
- Whether the ChargeZone arrangement produces a disclosed revenue-share contribution for onboarded customers.