| Revenue growth | FY26 revenue grew 15.2% YoY; Q4FY26 grew 27.8% YoY. |
|---|---|
| Margins | EBITDA margin stable at 3.2% for FY26; Gross Profit margin 13.5%. |
| Demand visibility | Positive, aided by GST reforms improving entry-level PV affordability. |
| Management confidence | High, citing strategic execution, recovery, and successful multi-state network expansion. |
Growth
FY26 revenue up 15.2% to ₹6,381.1 Cr; Q4FY26 revenue up 27.8% YoY. EBITDA grew 16% in FY26.
Outlook
Aims to reduce Keralam revenue contribution below 50% by Q1FY27; focusing on high-margin service and spare parts.
Risks
PV service volumes impacted by throughput moderation; high interest costs and integration risks from multiple acquisitions.
Earnings Call filed with NSE, NSE: PVSL. Summary written with AI assistance from the document.
Popular Vehicles and Services Ltd: key numbers
- Share price
- ₹94.20
- Market cap
- ₹670.7 Cr
- Revenue (annual)
- ₹6,381 Cr
- Net profit (annual)
- ₹-12.47 Cr
- P/E (TTM)
- -285.8×Sector 66.8×
- Promoter holding
- 61.38%+0.02% QoQ
- FII holding
- 10.28%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Popular Vehicles and Services Ltd
All →Popular Vehicles and Services Debt & Borrowing: ₹48.5 Cr
Popular Vehicles and Services Ltd is renewing corporate guarantees totaling ₹48.50 Crore in favour of State Bank of India for its two wholly-owned subsidiaries.
- Value
- ₹48.50 Cr
Popular Vehicles and Services Management Change
Popular Vehicles and Services Ltd announced the re-appointment of Mr. John K. Paul and the appointment of Mr. Paul Francis Kuttukaran as directors following its 42nd AGM.
Popular Vehicles and Services Other Announcement
Popular Vehicles and Services Ltd has appointed M/s. MSKA & Associates LLP as its statutory auditor for a five-year term, approved at the 42nd AGM.
- Execution
- 5 years
Popular Vehicles and Services Annual General Meeting
Popular Vehicles and Services Ltd issued a corrigendum to its 42nd AGM notice. The update includes additional disclosures regarding the proposed appointment of M/s. MSKA & Associates LLP as statutory auditors.
Popular Vehicles and Services Investor Presentation: Key Takeaways
Q1FY27 revenue grew 44.1% YoY to ₹1,889.6 Cr with EBITDA up 86.6%. Strategy focuses on geographical diversification beyond Kerala and higher-margin services/spare parts segments.
Popular Vehicles and Services Results Update
Popular Vehicles and Services released its Q1FY27 investor update, reporting a total income of ₹1,903.1 Crore and an EBITDA of ₹71.5 Crore for the quarter.