The analysts might have been a bit too bullish on Landmark Cars Limited (NSE:LANDMARK), given that the company fell short of expectations when it released its yearly results last week. Results showed a clear earnings miss, with ₹40b revenue coming in 2.4% lower than what the analystsexpected. Statutory earnings per share (EPS) of ₹3.85 missed the mark badly, arriving some 52% below what was expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Following the latest results, Landmark Cars’ dual analysts are now forecasting revenues of ₹50.6b in 2026. This would be a sizeable 25% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 541% to ₹24.70. In the lead-up to this report, the analysts had been modelling revenues of ₹46.4b and earnings per share (EPS) of ₹25.60 in 2026. So it’s pretty clear consensus is mixed on Landmark Cars after the latest results; whilethe analysts lifted revenue numbers, they also administered a minor downgrade to per-share earnings expectations.
Check out our latest analysis for Landmark Cars
The consensus price target was unchanged at ₹684, suggesting the business is performing roughly in line with expectations, despite some adjustments to profit and revenue forecasts.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Landmark Cars’ past performance and to peers in the same industry. It’s clear from the latest estimates that Landmark Cars’ rate of growth is expected to accelerate meaningfully, with the forecast 25% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 11% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 21% annually. Factoring in the forecast acceleration in revenue, it’s pretty clear that Landmark Cars is expected to grow at about the same rate as the wider industry.
The Bottom Line
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. They also upgraded their revenue forecasts, although the latest estimates suggest that Landmark Cars will grow in line with the overall industry. The consensus price target held steady at ₹684, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn’t be too quick to come to a conclusion on Landmark Cars. Long-term earnings power is much more important than next year’s profits. We have analyst estimates for Landmark Cars going out as far as 2028, and you can see them free on our platform here.
However, before you get too enthused, we’ve discovered 3 warning signs for Landmark Cars (1 is a bit concerning!) that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
