Landmark Cars Ltd

- There is no mention of any current plans to raise funds through debt or equity in the provided transcript. - Sanjay Thakker mentioned that they do not intend to become an NBFC themselves currently. - The company is focusing on profitable, high ROCE growth and maintaining a disciplined cost structure. - Financial support discussions are noted with Renault during a difficult phase, but not as a fundraising. - Overall, no explicit plans for new fundraising through debt or equity were disclosed in the call.

- There is mention of an exceptional item related to CAPEX write-off for shifting the Jeep small workshop to a larger workshop in Jeep Delhi (Page 6). - Discussions around expansion with Volkswagen include waiting for developments with Indian partners for growth and more locations, indicating potential future investment in new outlets (Page 8). - No specific new large-scale capex or strategic manufacturing plant investments were detailed; for example, regarding BYD, establishing a manufacturing plant in India is uncertain and no definite plans were shared (Page 11). - The company emphasizes profitable, high ROCE growth, implying any future investments would be carefully considered to maintain profitability (Page 13). - Pre-owned business expansion is planned but mainly focused on business model development rather than heavy capital investment (Page 10).

- Landmark Cars expects premiumization and luxury sales to be the key growth theme in India’s next decade, positioning the company for profitable high ROCE growth. - Honda volumes are expected to more than double from September onwards with the launch of the Elevate model, which already has around 650 pre-bookings and is anticipated to be sold out for 3-4 months starting September. - Jeep sales, which have been declining, are expected to bottom out in August and start an upward trajectory from September, targeting 800-900 units by October-November. - MG Motor operations started recently in Madhya Pradesh, with revenue expected to commence immediately. - Pre-owned car business targeted to grow from ~₹100 crores to ₹200 crores in 2 years, aiming for profitability with a scalable business model. - After-sales revenue has historically grown at 20% CAGR and is expected to continue this trajectory. - Overall, the company aims to hit profitable, high ROCE growth despite near-term quarterly challenges.

- Landmark Cars Limited aims for profitable, high ROCE growth focusing on premiumization and luxury sales as India moves into the next decade. - Despite Q1 softness, management is confident of growth recovery with new launches (e.g., Honda Elevate). - They expect working capital days to normalize around 40 days in coming quarters, aiding cash flow. - After-sales revenue has strong traction with a 20% CAGR over 9 years, expected to continue. - Pre-owned car sales targeted at over ₹100 crores this year, with plans for significant growth thereafter. - Average selling price (ASP) rose 22% YoY, driven by premium product mix and price increases. - EBITDA margin at 5% on pro forma revenue with intent to maintain profitability while scaling. - Management expects to outperform auto industry growth with double-digit growth guidance from key OEM partners like Mercedes Benz.

- For the Honda Elevate model, the company currently has around 650 bookings. - They expect to be sold out for at least 3 to 4 months by the time the car is officially launched, anticipated in early September. - For the Mercedes GLC, the initial potential announced was around 1,500 units, which aligns with bookings so far, and demand has only increased in the few days since. - Supply constraints for high-end models like GLC are expected to ease in the coming quarters. - There's continuing demand and bookings for other high-end models, but specific numbers beyond the above are not provided.