What’s new

• Revenue from operations reached ₹734.86 lacs, up from near-zero in the prior year.
• Landmark recovered ₹35.11 crores in advances from related party Eterna Living.
• Cash and cash equivalents climbed to ₹99.93 lacs from ₹3.46 lacs.

Why it matters

The shift from a loss to profit is a major change for this ₹89 crore market-cap firm. The recovery of the ₹35.11 crore advance from Eterna Living is the next test for the company's balance sheet.

What we’re watching

• The September 2026 deadline for the Eterna Living repayment.
• Whether the company can sustain its operational revenue growth.
• Any further reduction in related-party exposure.

The full read

Landmark Property Development has posted a sharp turnaround in its FY26 audited results. The company recorded a net profit of ₹149.42 lacs, a stark contrast to the ₹372.15 lacs loss reported in the previous year. Revenue from operations reached ₹734.86 lacs, up from near-zero levels, pushing total income to ₹816.41 lacs. Liquidity has also improved, with cash balances rising to ₹99.93 lacs from just ₹3.46 lacs.

It is a material change for a firm with a market capitalization of ₹89 crores.

The company has also secured a recovery timeline for ₹35.11 crores in advances previously tied up with related party Eterna Living, which is now classified as a current financial asset due by September 2026. The next test is whether the company can successfully collect the ₹35.11 crore balance within the promised twelve-month window, as failure to do so would leave the balance sheet vulnerable to further impairment charges.

Primary source: BSE · NSE