Real Estate / Property Development
₹00.1239
LPDC
Landmark Property Development Company Limited (LPDCL) is an India-based company that provides real estate development, advisory, and consultancy services. Incorporated in 1976 and based in New Delhi, India, the company is led by Chairman and Managing Director Gaurav Dalmia, with Ankit Bhatia serving as the Company Secretary and Compliance Officer.
The Company is part of the Dalmia Group. Originally in the mining business, post-demerger, it now focuses on Real Estate Development and also provides Advisory and Consultancy Services. The company was formerly known as Konark Minerals Limited and changed its name to Landmark Property Development Company Limited in January 2008. It was originally incorporated as Konark Minerals Limited (KML) in December 1976 as a wholly owned subsidiary of OCL.
The company sells land, plots, and flats, and is engaged in selling ready-to-move flats. It facilitates the allotment of plots and flats in group housing/commercial properties within residential townships located in Ghaziabad and Karnal. The company has undertaken township development projects in various parts of India.
LPDCL offers advisory and consultancy services to overseas investors, including investment reports that detail the financial and economic aspects of proposed investments, business plans, and other requested information. The company also provides general advisory and consultancy services within the real estate sector.
Landmark Property Development Company Limited trades on both the BSE (533012) and NSE (LPDC). As of May 2025, the company's market capitalization is reported as ₹116 crore, with some sources indicating a range up to ₹128 crore.
The company's 52-week high share price is ₹17.00, and its 52-week low share price is ₹6.66. The stock has experienced volatility, with its share price showing an increase of 5.65% in the last month and 1.81% in the last 3 months, but a decrease of 7.06% in the last 12 months on the BSE.
Based on the latest available financial data, the company reported revenue of ₹1.15 crore and a net loss of ₹3.72 crore. The stock is trading at 3.19 times its book value, which stands at ₹2.98. The company has a dividend yield of 0.00%, a Return on Capital Employed (ROCE) of -8.51%, and a Return on Equity (ROE) of -8.90%.
The company's trailing twelve months (TTM) earnings stand at ₹-6.54 crore, indicating ongoing losses. It generates less than USD $1 million in revenue (approximately ₹12 crore), and earnings have declined by 69.9% per year over the past 5 years.
Promoter holding in Landmark Property Development Company Ltd stands at 64.9%. Promoter holding was recorded at 64.86% as of March 2025, showing stability from 64.86% as of June 2024.
The company has informed the BSE that a Board of Directors meeting was scheduled for May 26, 2025, to consider and approve audited financial results for the year ended March 31, 2025, along with the Annual Secretarial Compliance Report for the period ended March 31, 2025. The company recently appointed Sh. Uddhav Poddar (DIN: 00886181) as an Additional Director in the category of Non-executive Independent Director, subject to shareholder approval.
A significant positive aspect is that the company is almost debt-free. However, it faces challenges such as a low interest coverage ratio and a low return on equity of -14.7% over the last 3 years. The stock price has shown volatility in the past 3 months compared to the broader Indian market.
The company's liquidity is classified as moderate. Landmark Property Development Company Limited has limited research coverage, with 0 analysts covering it and no analysts submitting revenue or earnings estimates.
Operating in the competitive real estate sector, the company faces industry-specific challenges including regulatory changes, market cyclicality, and economic conditions that affect property demand and pricing.