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 ₹ 979 Cr.
- Current Price ₹ 137
- High / Low ₹ 261 / 86.8
- Stock P/E
- Book Value ₹ 89.7
- Dividend Yield 0.36 %
- 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.
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 | |
---|---|---|---|---|---|---|---|
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: | -44% |
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
1h - Mr. Abraham Mammen appointed Group CFO from July 1, 2025, succeeding retiring CFO John Verghese.
-
Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
1h - CRISIL reaffirms Popular Mega Motors' ₹235.70 Cr bank loan ratings at A/Stable and A1.
-
Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015- Credit Rating - Re-Affirmation
1h - CRISIL re-affirms Popular Vehicles' long-term A/Stable and short-term A1 ratings on ₹468 Cr loans.
- Closure of Trading Window 25 Jun
-
General Updates-Additional Information On Agenda Items Of Postal Ballot Notice Dated 4Th June 2025.
23 Jun - Additional info on stake sale to former employee at premium over valuations, with promoter personal support.
Concalls
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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 2024TranscriptNotesPPTREC
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.