Landmark Global Q2 FY26 Earnings Analysis

Published 14 Aug 2026 | Leisure Services | Market Cap: ₹24 Cr

Price

11.5

Market Cap

₹24 Cr

Revenue Rank

Rank 2

Margin Rank

Rank 1

Earnings Summary

Targeting revenue of around INR 150 crores for FY '28. Target revenue for FY '28 is around INR 150 crores, with a PAT of approximately INR 50 crores.

📊 Revenue & Sales Performance

Rank 2
  • Targeting revenue of around INR 150 crores for FY '28.
  • Expecting operating leverage to improve in second half of FY '26, leading to better performance than first half.
  • FY '26 revenue is expected to be flat, similar to FY '25 levels.
  • Projected revenue for FY '27 is around INR 220-230 crores range.
  • Confident of achieving profit after tax (PAT) of INR 50 crores in FY '28.
  • PAT margin expected to be around 20-25% by FY '27.
  • Expansion through new campuses in Dubai (starting late FY '25) and Paris (early FY '26) expected to contribute to growth.
  • Growth also to be driven by diversification into new markets like Africa, Nepal, Pakistan, and Bangladesh.
  • Focus on expanding international brand and increasing global presence for higher enrollments and commissions.

📈 Profitability & Margins

Rank 1
  • Target revenue for FY '28 is around INR 150 crores, with a PAT of approximately INR 50 crores.
  • FY '26 revenue expected to remain flat, similar to FY '25, with a target of INR 50-60 crores.
  • FY '27 revenue expected to increase to INR 90-100 crores.
  • PAT margin is expected to improve to around 20-25% by FY '27.
  • Second half of the fiscal years is expected to perform better due to operating leverage.
  • New campuses in Dubai (starting Q4 FY '25) and Paris (starting Q1 FY '26) expected to contribute positively, with breakeven anticipated within the first year.
  • Expansion into new markets like Bangladesh, Africa, Nepal, and Pakistan expected to support growth.
  • Operating model remains asset-light, with significant focus on operating expenses rather than heavy capex.

🏗️ Capital Expenditure Plans

Yes
  • Landmark Global Learning Limited is planning to open two new campuses: one in Dubai and another in Paris, France.
  • The Dubai campus is expected to start operations in the last quarter of 2025, while the Paris campus is targeted for the first quarter of 2026.
  • The company is following an asset-light model for these campuses, primarily opting for rental spaces rather than heavy capital expenditure.
  • Operating expenses will include staff costs and curriculum implementation, but specific capex figures were not provided and may be shared upon request.
  • The company has hired Mr. Mihai Ivanof Mike as Director of Global Strategy to oversee these campus setups.
  • Strategic expansions also include initiating operations in Bangladesh, Africa, Nepal, and Pakistan for student recruitment.
  • Overall, the focus is on operating leverage and growth through new markets with minimal fixed asset investment.

💰 Fundraising & Capital Structure

No information
The transcript provided does not mention any current or future plans for fundraising through debt or equity. Key points related to financials and operations include: - Focus on operational growth through opening new campuses (Dubai, Paris) and expanding into new regions (Bangladesh, Africa, Nepal, Pakistan). - Capex mainly involves an asset-light model (renting campuses) rather than heavy investments. - Revenue targets for FY '28 around INR 150 crores with PAT of INR 50 crores. - No disclosure or discussion about raising funds through debt or equity in the transcript. Hence, there is no indication of current or planned fundraising through debt or equity based on the available document.

📋 Order Book & Pipeline

No information
The provided transcript of Landmark Global Learning Limited's H1 FY26 Earnings Call does not explicitly mention any details regarding the current or expected order book or pending orders. The focus of the discussion is mainly on: - Business performance and revenue for H1 FY26. - Changes in geographic distribution (Canada, UK, Germany). - Expansion plans including new campuses in Dubai and Paris. - Operational challenges like margin compression and student enrollment delays. - Revenue and profit targets for FY27 and FY28. - Licensing and setup updates for new campuses. No specific information on order books, contracts, or pending orders is disclosed in the transcript.

Key Metrics

Revenue

Rank 2

Margin

Rank 1

Capex

Yes

Fundraise

No information

Order Book

No information

Frequently Asked Questions

What were Landmark Global Q2 FY26 results?

Targeting revenue of around INR 150 crores for FY '28. Target revenue for FY '28 is around INR 150 crores, with a PAT of approximately INR 50 crores.

What is Landmark Global share price analysis?

Landmark Global currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of N/A with a market cap of ₹24 Cr. Investors should review the full earnings analysis for detailed insights.

Is Landmark Global planning capital expenditure?

Landmark Global Learning Limited is planning to open two new campuses: one in Dubai and another in Paris, France. - The Dubai campus is expected to start operations in the last quarter of 2025, while the Paris campus is targeted for the first quarter of 2026. - The company is following an asset-light model for these campuses, primarily opting for rental spaces rather than heavy capital expenditure. - Operating expenses will include staff costs and curriculum implementation, but specific capex figures were not provided and may be shared upon request. - The company has hired Mr.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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