ALFA Finder| Management target | Revenue 25.0% FY27 |
|---|
| Revenue growth | ₹2,088 Cr, 36% YoY growth; H1 FY27 up 40%. |
|---|---|
| Margins | EBITDA margin up to 3.7% from 3.2% YoY. |
| Demand visibility | Strong festive demand (Onam/Diwali); positive showroom footfalls. |
| Management confidence | Balanced; focused on integrating acquisitions and operational leverage. |
Growth
Revenue rose to ₹2,088 Cr; service volumes up 88% YoY through acquisitions.
Outlook
Management reaffirmed FY27 revenue growth guidance of 20-25% over FY26.
Risks
Expansion into low-margin CV segments could dilute consolidated EBITDA margins significantly.
Last quarter's promises, checked
Delivered
- Guided 20–25% FY27 growth (₹8,200–8,300 Cr) → H1 +40% (= BEAT, FY open)
Partly delivered
- Guided acquired units PAT-positive from Q2 → consolidated PAT ₹2.2 Cr, unit split absent (= PARTIAL)
- Guided 6–7% PV service volume growth from Q2 → service volume +88%, acquisition-led (= PARTIAL)
Missed
- Guided ≥4% EBITDA margin each of Q2–Q4 → 3.7% (= MISS)
- Guided sequential margin rise from 3.8% → 3.7% (= MISS)
- Guided debt repayment priority → debt rose (= MISS)
Earnings Call Transcript filed with NSE, NSE: PVSL. Summary written with AI assistance from the document.
Popular Vehicles and Services Ltd: key numbers
- Share price
- ₹90.77
- Market cap
- ₹646.3 Cr
- Revenue (annual)
- ₹6,381 Cr
- Net profit (annual)
- ₹-12.47 Cr
- P/E (TTM)
- -905.2×Sector 65.7×
- Promoter holding
- 61.38%+0.00% QoQ
- FII holding
- 10.27%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 Management Change
BSR & Co resigned as statutory auditor of material subsidiary Prabal Motors, citing auditor alignment with the parent. The auditor raised no concerns about management.
Popular Vehicles and Services Results Update
Popular Vehicles released Q2FY27 results with Total Income of Rs.2,093.8 Crore, up about 36% YoY. EBITDA reached Rs.77.7 Crore at 3.7% margins.
Popular Vehicles and Services Investor Presentation: Key Takeaways
Q2FY27 revenue Rs2,088.9 Cr (+36% YoY), PAT Rs2.2 Cr vs Rs0.6 Cr, EBITDA margin 3.7%. H1 revenue +39.7%, largely acquisition-led.
Popular Vehicles and Services Other Announcement
Popular Vehicles reconstituted its Stakeholders Relationship and CSR Committees at the 11 November 2026 board meeting. The changes follow John K Paul's board resignation.
Popular Vehicles and Services Q2 FY27 Results: Net Profit ₹2.2 Cr, Up 266.7% YoY
Popular Vehicles and Services Ltd reported revenue from operations of ₹2,089 Cr (+36.0% YoY) and net profit of ₹2.2 Cr (+266.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹2.2 Cr · +266.7% YoY
Popular Vehicles and Services Annual General Meeting
Popular Vehicles seeks shareholder approval by postal ballot to alter its Articles of Association on the company seal. E-voting runs from November 6 to December 5, 2026.