| Revenue growth | FY26 revenue grew 15.2% YoY; Q4FY26 grew 27.8% YoY. |
|---|---|
| Margins | EBITDA margin stable at 3.2% for FY26; Gross Profit margin 13.5%. |
| Demand visibility | Positive, aided by GST reforms improving entry-level PV affordability. |
| Management confidence | High, citing strategic execution, recovery, and successful multi-state network expansion. |
Growth
FY26 revenue up 15.2% to ₹6,381.1 Cr; Q4FY26 revenue up 27.8% YoY. EBITDA grew 16% in FY26.
Outlook
Aims to reduce Keralam revenue contribution below 50% by Q1FY27; focusing on high-margin service and spare parts.
Risks
PV service volumes impacted by throughput moderation; high interest costs and integration risks from multiple acquisitions.
Earnings Call filed with NSE, NSE: PVSL. Summary written with AI assistance from the document.
Popular Vehicles and Services Ltd: key numbers
- Share price
- ₹95.45
- Market cap
- ₹679.6 Cr
- Revenue (annual)
- ₹6,381 Cr
- Net profit (annual)
- ₹-12.47 Cr
- P/E (TTM)
- -951.8×Sector 66.2×
- 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 Earnings Call Transcript: Key Takeaways
Revenue up 36% YoY, driven by acquisitions and festive demand; EBITDA margins expanding.
- Call
- Guides 25% growth
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.