Analysts/Institutional Investor Meet/Con. Call Updates

Date: August 19, 2026 To, To, BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai- 400001 Scrip Code: 543714 Symbol: LANDMARK Sub.: Transcript of Analyst/ Investor Earnings Conference Call held on August 12, 2026 Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Further to our communication dated August 07, 2026, please find enclosed the transcript of the Earning Conference Call held on Wednesday, August 12, 2026 at 09:00 A.M. (IST) to discuss the unaudited standalone & consolidated financial results for the quarter ended June 30, 2026. The said Transcript is also available on the website of the Company at https://www.grouplandmark.in/investor-relation.html. Request you to please take the same on your record. Thanking You, Yours faithfully, For Landmark Cars Limited Amol Arvind Raje Company Secretary & Compliance Officer Mem. No.: A19459 Encl. as above Landmark Cars Limited CIN: L50100GJ2006PLC058553 | GSTIN: 24AABCL1862B1Z2 Registered Office: Landmark House, Opp. AEC, Near Gurudwara, S. G. Highway, Thaltej, Ahmedabad – 380059 Tel.: +91-7966185555 | Email: info@landmarkcars.in | Website: www.grouplandmark.in “Landmark Cars Limited Q1 FY27 Earnings Conference Call” August 12, 2026 E&OE: This transcript is edited for factual errors. In case of discrepancy, the audio recordings uploaded on the stock exchange on August 12, 2026, will prevail MANAGEMENT: MR. SANJAY THAKKER – PROMOTER, CHAIRMAN AND EXECUTIVE DIRECTOR – LANDMARK CARS LIMITED MR. ARYAMAN THAKKER – EXECUTIVE DIRECTOR – LANDMARK CARS LIMITED MR. SURENDRA AGARWAL – CHIEF FINANCIAL OFFICER – LANDMARK CARS LIMITED MODERATOR: MR. VIJAY PANDEY – AXIS CAPITAL LIMITED Page 1 of 14 Landmark Cars Limited August 12, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Landmark Cars Limited Q1 FY27 Earnings Conference Call hosted by Axis Capital Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the management's opening remarks. Should you need assistance during this conference call, please signal the operator by pressing star, then zero on your touch-tone phone. Please note that this conference is being recorded. Before we begin, a brief disclaimer. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions and expectation of the company as on date of this call. These statements are not the guarantee of future performance of the company, and it may involve risks and uncertainties that are difficult to predict. I will now hand the conference over to Mr. Vijay Pandey from Axis Capital Limited. Thank you, and over to you. Vijay Pandey: Thank you, Ryan. Good morning, everyone. Welcome to the Q1 FY27 Post Results Conference Call of Landmark Cars. We are pleased to host the promoter and management team of Landmark Cars today. We have with us Mr. Sanjay Thakker, Promoter, Chairman and Executive Director of the company; Mr. Aryaman Thakker, the Executive Director; and Mr. Surendra Agarwal, the CFO of the company. I'll now hand over the call to Mr. Sanjay Thakker for his opening remarks. Over to you, sir. Sanjay Thakker: Thank you, Vijay. Good morning to everyone. On behalf of the company, I extend a warm welcome to everyone who has joined us today. On this call, as Vijay just said, I have Aryaman and Surendra Agarwal, who have joined me. The results and the presentations are uploaded on the stock exchanges and the company's website. I hope everybody has had a chance to look at Our financial year '27 started on a strong note with pro forma revenue from operations growing at over 22% year-on-year to deliver our best ever Q1 performance in a seasonally soft quarter. Profit after tax nearly doubled ahead of the revenue growth. This financial performance was driven by improving operating leverage and sustained cost discipline and reflects the continued scaling of the business. Moving to the automotive industry. The sector continues to evolve, supported by healthy customer demand and broader choice of powertrains. Electric mobility traction increased significantly in recent times amidst geopolitical situations and EV adaptation is emerging as an important structural change and a trend. We are happy to report that 30% of the vehicles sold by value have been EVs at Landmark, much, much higher than the industry. Landmark has expanded its capacity and partnered with relevant brands over the last few years, enabling us to participate meaningfully in the growth that is happening. Sticking to the EV story. There have been questions about the aftersales revenue potential that the EVs would generate over time. The initial study indicates that there is absolutely no negative Page 2 of 14 Landmark Cars Limited August 12, 2026 impact on aftersales revenue from EVs as compared to ICE vehicles. This augurs well for the annuity type of aftersales business that we have built over the years. Please refer to the Slide number 8 in our presentation. We have found that the EVs run much more on the road as compared to ICE vehicles due to its lower cost of running. This increases the frequency of its visit for periodic maintenance and accident repairs to our workshops. On top of this, the accident repairs for EVs cost more than ICE vehicles as has been seen across the globe. This is ensuring higher revenue per vehicle for the full year for EVs currently. One should also note that due to the sophisticated technology, the EVs will come to the authorized workshops more often than the ICE counterparts. And this incidentally is finding similar to what I was reading in the commentary by Penske, one of the leading American automotive retailer, where they also found a similar trend happening in America. The EV segment also presents a new and differentiated revenue opportunities. As part of our strategy to build a comprehensive EV ecosystem for our customers, we have signed an MoU with ChargeZone, one of India's leading EV charging networks. Under this partnership, our EV customers will receive wallet credit redeemable at ChargeZone's charging locations, while we will earn a share of charging revenue from onboarded customers. This is an industry-first partnership between retailers and the charging service provider, and it allows us to create an additional recurring revenue stream while deepening the engagement with EV customers well beyond the point of sale. Over the last few years, Landmark has added many new brands in its portfolio. Its margins as well as cost structures may be different than our existing brands. The aftersales business of these brands also is in a ramp-up stage. So, we believe that the way to look at our business may be better at EBITDA and PAT level along with cash profit from business rather than the gross profit level. Looking ahead, we expect the demand environment to be positive. The corresponding period last year saw some lumpiness in the quarterly trend influenced by GST-related changes, deferred purchases and subsequent pent-up demand. While these dynamics are largely behind us, we expect a more normalized and consistent demand trajectory through the later part of the year. And with this, I'll hand it over to Aryaman to take us through his points. Aryaman Thakker: Thank you. The beginning of this year has seen a strong momentum across the private vehicle car market. Due to various macro factors and post the GST cuts, we have seen that the premium and mass segments have grown faster than the luxury segment over the last few months. Let me now provide some colour on the performance of our individual OEM partnerships and key developments across our network. Starting with Mercedes-Benz, the brand continues to be the leading luxury brand in India, recording a sale of 9,786 units in H1 [Showing first 8,000 characters — download PDF for full document]