Landmark Property Development Announces Audited Financial Results for Fiscal Year 2026
Landmark Property Development Company Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The results reflect the company's performance across key financial metrics, including total income, expenses, and profitability.Audited Financial Results Snapshot (In Rs. Lakhs)
The company’s financial statements provide a comparison of key performance indicators across the years ended March 31, 2026, and March 31, 2025.| Particulars | Quarter Ended 31-Mar-26 | Quarter Ended 31-Mar-25 | Year Ended 31-Mar-26 | Year Ended 31-Mar-25 |
|---|---|---|---|---|
| Total Income | 599.82 | 15.34 | 816.41 | 176.58 |
| Net Profit/(Loss) before Tax & Exceptional Items | 168.72 | 0.27 | 198.28 | (356.50) |
| Net Profit/(Loss) for the period after tax (after Exceptional Items) | 128.15 | 4.59 | 149.42 | (372.15) |
| Total Comprehensive Income for the period | 128.17 | (4.42) | 149.44 | (372.25) |
The company's balance sheet details show the total assets increased to 4313.68 and total equity and liabilities matching this figure for the period ending March 31, 2026, compared to 4037.51 on the previous year.
Key Financial Statements Overview
Financial data for the period is detailed in the following statements:Statement of Assets and Liabilities (As at 31 March 2026 vs 31 March 2025)
| Particulars | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Total Assets | 4313.68 | 4037.51 |
| Total Equity | 4145.99 | 3996.55 |
| Total Current Liabilities | 162.50 | 36.28 |
| Total Equity & Liabilities | 4313.68 | 4037.51 |
Cash Flow Summary
The Cash Flow Statement highlights the movement in cash and cash equivalents:
| Particulars | Year ended 31.03.2026 | Year ended 31.03.2025 |
|---|---|---|
| Net Cash generated from Operating Activities (A) | 672.87 | (37.20) |
| Net cash (used in) investing activities (B) | (576.40) | 32.74 |
| Net Increase in Cash & Cash equivalents (A+B+C) | 96.47 | (4.46) |
| Total Cash & Cash Equivalents (End of Year) | 99.93 | 3.46 |
Operational Developments and Notes
Refund Receivable from Eterna Living Pvt. Ltd.The company noted a significant recovery detail regarding space booking advances from Eterna Living Pvt. Ltd. (formerly Ansal Landmark (Karnal) Township Private Limited). As of March 31, 2026, the recoverable advance stands at a gross amount of Rs. 3,511.15 lakhs. After recognizing a provision of Rs. 1,600.00 lakhs, the net carrying amount of this refund receivable is Rs. 1,911.15 lakhs.
This refund receivable was reclassified from 'Advance against acquisition of property to related party' to 'Refund receivable against advance paid for acquisition of property' under other current financial assets, as the amount is contractually receivable within twelve months from the balance sheet date.
Odisha Mine Demand Notice Litigation
The company has been pursuing legal matters concerning the Talabasta Fireclay Mines from the Office of the Mining Officer of the Government of Odisha. Originally, a demand notice for Rs. 105.90 lakhs was received during the financial year 2021-22 regarding alleged excess extraction. The company has maintained its position, asserting that all required dues were paid during the mine's operational period and that the minerals were used exclusively for captive purposes.
Additionally, the company received a demand notice for Rs. 13.05 lakhs concerning differential Dead Rent for the period July 2010 to Dec 2014. The company contested this, stating that no amount is payable as the lease of the mines expired on January 6, 2005. The company has subsequently filed a Writ Petition in the High Court of Orissa, Cuttack, and has received a stay order on this demand till July 29, 2025.
LPDC Stock Price Movement
Today, Landmark Property Development Company Limited shares edged higher, settling at ₹7.03, marking a solid 2.92% gain for the day. The stock saw solid trading interest, supported by a total volume of 117,072 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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