Popular Vehicles & Services Ltd
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]
- Market Cap ₹ 865 Cr.
- Current Price ₹ 122
- High / Low ₹ 164 / 86.8
- Stock P/E
- Book Value ₹ 88.6
- Dividend Yield 0.00 %
- ROCE 4.85 %
- ROE -2.25 %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.20% 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.
Peer comparison
Consumer Discretionary Automobile and Auto Components Automobiles Auto Dealer
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 3,902 | 3,172 | 2,894 | 3,466 | 4,875 | 5,616 | 5,541 | 5,578 | |
| 3,770 | 3,064 | 2,742 | 3,303 | 4,653 | 5,357 | 5,383 | 5,443 | |
| Operating Profit | 132 | 108 | 152 | 163 | 222 | 259 | 159 | 135 |
| OPM % | 3% | 3% | 5% | 5% | 5% | 5% | 3% | 2% |
| 14 | 35 | 26 | 18 | 17 | 33 | 20 | 32 | |
| Interest | 66 | 74 | 58 | 64 | 74 | 102 | 89 | 92 |
| Depreciation | 48 | 61 | 72 | 69 | 79 | 92 | 99 | 104 |
| Profit before tax | 32 | 8 | 47 | 49 | 85 | 98 | -9 | -29 |
| Tax % | 32% | -56% | 31% | 31% | 24% | 22% | 17% | |
| 21 | 12 | 32 | 34 | 64 | 76 | -10 | -32 | |
| EPS in Rs | 17.04 | 9.96 | 25.88 | 26.84 | 51.07 | 10.69 | -1.47 | -4.45 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | 5% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 17% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -9% |
| 3 Years: | % |
| TTM: | -166% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 14 | 14 | 14 |
| Reserves | 185 | 200 | 233 | 267 | 330 | 639 | 625 | 616 |
| 797 | 645 | 650 | 756 | 938 | 925 | 922 | 1,111 | |
| 219 | 276 | 230 | 232 | 229 | 381 | 348 | 440 | |
| Total Liabilities | 1,214 | 1,134 | 1,126 | 1,268 | 1,510 | 1,959 | 1,909 | 2,182 |
| 406 | 472 | 464 | 564 | 671 | 733 | 721 | 787 | |
| CWIP | 28 | 29 | 17 | 12 | 8 | 15 | 9 | 15 |
| Investments | 2 | 11 | 5 | 6 | 6 | 28 | 14 | 63 |
| 778 | 622 | 640 | 685 | 825 | 1,183 | 1,166 | 1,317 | |
| Total Assets | 1,214 | 1,134 | 1,126 | 1,268 | 1,510 | 1,959 | 1,909 | 2,182 |
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 | 45 |
| Days Payable | 8 | 18 | 10 | 11 | 8 | 12 | 6 |
| Cash Conversion Cycle | 55 | 34 | 58 | 54 | 48 | 53 | 53 |
| Working Capital Days | -5 | -11 | 3 | 7 | 4 | 14 | 19 |
| ROCE % | 6% | 11% | 12% | 13% | 14% | 5% |
Documents
Announcements
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Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 Regarding The Execution Of Asset Purchase Agreement Between Step Down Subsidiary Of The Entity Imperion Cars Private Limited (Buyer) And Olympus Motors Private Limited (Seller).
1d - 31-Dec-2025: Imperion buys Audi dealership assets from Olympus for Rs9.75 crore; assets generate Rs120–150 crore revenue
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Announcement under Regulation 30 (LODR)-Change in Directorate
2d - Shareholders approved Murali Narayanan as Independent Director from 29 Dec 2025 for five-year term.
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Announcement under Regulation 30 (LODR)-Change in Management
2d - Murali Narayanan appointed Non-Executive Independent Director effective 29 Dec 2025 for five-year term; postal ballot approved.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 2d
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 2d
Concalls
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT
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Apr 2024TranscriptAI SummaryPPTREC
Business Overview:[1]
Popular Vehicles is a Part of the Kuttukaran Group. PVSL is an integrated automobile dealership company engaged in new and pre-owned vehicle sales, servicing and repairs, spare parts distribution, and facilitation of third-party financial and insurance products.