1. India Stocks

  2. •

    Retail trade

  3. •

    Specialty stores
Popular Vehicles and Services Limited

Popular Vehicles and Services Limited

92.11
INR
-1.69
(-1.80%)
-0.33EPS
6.53BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
514.59
416.25
385.62
463.02
655.96
850.76
748.15
862.68
964.18
Basic EPS, GAAP
3
1.75
4.56
4.73
9
12.05
-1.47
-1.75
-0.33
Free Cash Flow per Basic Share
-14.76
39.38
9.23
3.03
7.33
-0.12
13.63
-0.28
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
0.5
- -
- -
Book Value per Share
27.79
29.88
34.55
39.31
48.18
91.74
89.72
88.18
- -
Tangible Book Value per Share
26.92
29.1
33.68
38.6
43.96
88.11
86.63
85.31
- -
Basic Weighted Avg Shares
71
71
71
71
71
63
71
71
72
Sales/Revenue/Turnover
36,639
29,637
27,456
32,967
46,704
53,717
53,268
61,423
69,598
Operating Margin (%)
0.96
-0.05
1.52
1.65
1.94
1.96
-0.03
-0.13
1.08
Depreciation Expense
482
611
725
693
794
919
988
1,273
1,401
Net Income, GAAP
214
125
325
337
641
761
-105
-125
-23
Effective Tax Rate (%)
32.48
- -
31.32
30.65
24.5
22.14
- -
- -
- -
Profit Margin (%)
0.58
0.42
1.18
1.02
1.37
1.42
-0.2
-0.2
-0.03
Working Capital
-252
-452
749
849
720
2,833
2,592
405
- -
LT Debt
2,669
3,130
3,558
4,451
4,909
4,590
4,616
7,003
- -
Total Equity
1,978
2,128
2,460
2,799
3,430
6,532
6,388
6,278
- -
Return on Invested Capital (%)
- -
- -
3.48
3.91
5.89
6.18
- -
- -
- -
Return on Capital (%)
- -
- -
7.76
7.72
9.98
10.49
- -
- -
- -
Return on Common Equity (%)
- -
6.08
14.15
12.8
20.57
15.27
-1.62
-1.97
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,052
- -
LT Borrowings
- -
475
- -
LT Finance Leases
- -
6,528
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
71
71
71
Market Capitalization
8,003
6,107
6,532

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
10,887
- -
Cash, Cash Equivalents & STI
- -
785
- -
Accounts Receivable, Net
- -
2,594
- -
Inventories
- -
6,174
- -
Total Current Liabilities
- -
10,482
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,052
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
24.57%
-1.71%
Free Cash Flow
- -
-2,508.37%
-102.08%
Net Income, GAAP
- -
3.65%
19.22%
Sales/Revenue/Turnover
- -
18.25%
15.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
12,914
15,127
13,647
13,724
53,268
2026
13,109
15,304
17,854
17,545
61,423
2027
18,896
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.77
1.06
-1.37
-1.93
-1.47
2026
-1.23
0.08
0.09
-0.7
-1.75
2027
0.19
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Raj Narayan
Full Time Employees
7,200
Sector
Retail trade
Industry
Specialty stores
Address
Kuttukaran Centre Cochin KE India 682025
IPO Date
Mar 19, 2024
Website
popularvehicles.in
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Business
Popular Vehicles and Services Limited (PVSL.NS), part of the Kuttukaran Group, operates as a leading multi-brand automobile dealership in India, focusing on the sale, service, and repair of passenger vehicles, commercial vehicles, and electric two- and three-wheelers; distribution of spare parts and accessories; sale and exchange of pre-owned passenger vehicles; facilitation of third-party financial and insurance products; and operation of driving schools. The company offers Maruti Suzuki Arena and Nexa models, Honda passenger vehicles, Jaguar Land Rover luxury vehicles, Tata Motors and BharatBenz commercial vehicles, Piaggio three-wheelers, and Ather Energy two-wheelers through 61 showrooms, 32 pre-owned outlets, 142 service centers, 68 spare parts touchpoints including 44 retail outlets and 24 warehouses, and 7 driving schools across Kerala, Tamil Nadu, Karnataka, and Maharashtra. Incorporated in 1983 and headquartered in Kochi, Kerala, Popular Vehicles maintains top rankings among Indian dealerships, including fifth for Maruti Suzuki passenger vehicle sales by volume, first for Maruti Suzuki service volume in Kerala, and strong positions with other OEMs as of fiscal 2023. Recent developments include the October 2025 board approval for the acquisition of R.K.S. Motor Private Limited, a Maruti Suzuki dealership in Telangana, for up to INR 93 crore via slump sale, expected to complete by October 31, 2025, to expand into a new market and strengthen Maruti Suzuki ties; the incorporation of a new step-down subsidiary under Popular Mega Motors (India) Private Limited for a spare parts and accessories e-commerce platform; and evaluation of adding a new luxury dealership brand. In August 2025, subsidiary Prabal Motors Private Limited acquired a BharatBenz dealership in Punjab from Globe CV for INR 12 crore, gaining exclusive rights and eight facilities to bolster northern India presence. The company listed publicly on BSE and NSE in March 2024, received credit rating upgrades for itself and subsidiaries like Popular Autoworks and Prabal Motors in 2025, and earned awards such as the FADA Dealership Excellence Award 2024 and multiple Maruti Suzuki Platinum Band recognitions for subsidiaries.