Popular Vehicles & Services Ltd

Popular Vehicles & Services Ltd

₹ 126 -1.10%
11 Jun 1:38 p.m.
About

Incorporated in 1983, Popular Vehicles and Services Ltd is in the business of sale and
service of automobiles, spare parts, finance and insurance commission[1]

Key Points

Business Overview:[1][2]
PVSL is part of the diversified Kuttukaran Group, with a strong presence across four states and a network of 445 touchpoints. It holds one of the largest authorized dealerships for MSIL vehicles in India. Additionally, PVSL’s subsidiaries and step-down subsidiaries operate in the dealership business for major automotive brands, including Honda Cars India, Jaguar Land Rover India Ltd, Tata Motors Ltd (Commercial Vehicles), and Daimler India Commercial Vehicles (Bharat Benz), among others.

  • Market Cap 899 Cr.
  • Current Price 126
  • High / Low 265 / 86.8
  • Stock P/E
  • Book Value 89.7
  • Dividend Yield 0.39 %
  • ROCE 4.88 %
  • ROE -1.62 %
  • Face Value 2.00

Pros

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 8.48% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,218 1,305 1,629 1,417 1,364 1,291 1,513 1,365 1,372
1,168 1,252 1,548 1,356 1,301 1,246 1,459 1,334 1,347
Operating Profit 49 53 81 61 63 45 54 31 26
OPM % 4% 4% 5% 4% 5% 3% 4% 2% 2%
3 6 9 10 8 7 6 4 4
Interest 17 20 27 28 23 20 22 23 21
Depreciation 19 21 23 23 24 24 25 25 25
Profit before tax 16 18 41 20 24 8 12 -13 -16
Tax % 33% 21% 22% 20% 16% 34% 36% -24% -15%
11 14 32 16 20 5 8 -10 -14
EPS in Rs 8.45 11.42 5.15 2.54 2.82 0.77 1.06 -1.37 -1.93
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
3,902 3,172 2,894 3,466 4,875 5,616 5,541
3,770 3,064 2,742 3,303 4,653 5,357 5,386
Operating Profit 132 108 152 163 222 259 155
OPM % 3% 3% 5% 5% 5% 5% 3%
14 35 26 18 17 33 20
Interest 66 74 58 64 74 102 86
Depreciation 48 61 72 69 79 92 99
Profit before tax 32 8 47 49 85 98 -9
Tax % 32% -56% 31% 31% 24% 22% 17%
21 12 32 34 64 76 -10
EPS in Rs 17.04 9.96 25.88 26.84 51.07 10.69 -1.47
Dividend Payout % 0% 0% 0% 0% 0% 5% 0%
Compounded Sales Growth
10 Years: %
5 Years: 12%
3 Years: 17%
TTM: -1%
Compounded Profit Growth
10 Years: %
5 Years: 0%
3 Years: %
TTM: -115%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -43%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 8%
Last Year: -2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 13 13 13 13 13 14 14
Reserves 185 200 233 267 330 639 625
797 645 650 756 938 925 922
219 276 230 232 229 381 344
Total Liabilities 1,214 1,134 1,126 1,268 1,510 1,959 1,905
406 472 464 564 671 733 721
CWIP 28 29 17 12 8 15 8
Investments 2 11 5 6 6 28 14
778 622 640 685 825 1,183 1,161
Total Assets 1,214 1,134 1,126 1,268 1,510 1,959 1,905

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-47 339 95 70 109 80 151
-50 -28 -7 -41 -80 -88 -39
84 -299 -71 -65 -24 39 -142
Net Cash Flow -13 13 18 -37 5 31 -30

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 25 13 20 19 17 19 15
Inventory Days 39 40 48 46 39 46 44
Days Payable 8 18 10 11 8 12 6
Cash Conversion Cycle 55 34 58 54 48 53 53
Working Capital Days 42 25 40 40 37 44 45
ROCE % 6% 11% 12% 13% 14% 5%

Shareholding Pattern

Numbers in percentages

Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
61.18% 61.18% 61.18% 61.18% 61.18%
7.01% 16.01% 14.52% 12.85% 12.66%
10.26% 12.12% 12.98% 12.19% 11.73%
21.54% 10.68% 11.33% 13.78% 14.43%
No. of Shareholders 93,69072,61167,27368,16066,109

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents