Landmark Cars: Asset-light Only 2 out of 133 outlets are owned

 

  • Landmark Cars:  Asset-light Only 2 out of 133 outlets are owned    
  • 21 New Outlets in FY25
  • The company’s investment in facilities with high growing brands in high growth regions is creating a strong base for solidify ing market leadership   
  • The company has kept new car inventory under control to ~41 days, significantly below the 80–85-day industry average. 
  • The company has foregone some margin to achieve this.
  • Full impact of important new car launches and newly opened outlets backed by seasonality factors point towards much better H2
  • The company has operationalized 21 out of 23 new outlets planned for the year till date. 
  • Of these 12 were opened in Q2FY25 and 6 were opened in Q3FY25. 
  • These outlets were operational before the planned timeline and the capex remained within the budget 
  • Undertaking expansion with fast growing brands like Mercedes Benz, MG, Kia and M&M 
  • Venturing into emerging territories with high growth potential including Hyderabad, Jaipur, Patna and Goa 
  • Initiating cost rationalization to improve profitability and focus on operational efficiencies such as co-locating of select outlets      

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