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Earnings Call

Popular Vehicles and Services Earnings Call: Key Takeaways

Popular Vehicles reported Q4 FY26 revenue growth of 28% and FY26 growth of 15%. Management is focusing on non-Kerala expansion, luxury segments (Audi/JLR), and high-margin service business following a year of recovery and strategic acquisitions.

Why this was an Alfa AlertNot a filter event. Financial performance and guidance were largely in line with recovery expectations without a 10% material beat on guided upper ends.
Highlights
Revenue growthFY26 reported 15.1% growth; Q4 saw 28% YoY jump.
MarginsTargeting 4.8%-5% consolidated EBITDA margin; 18-19% for PV service segment.
Demand visibilityPositive footfalls and inquiries despite geopolitical wars; entry-level demand recovering.
Management confidenceHigh; citing turnaround from Q2 FY27 and successful geographic diversification.

Growth

Q4 revenue grew 28% YoY; FY26 revenue INR 6,401.1cr (up 15.1%). FY26 EBITDA INR 203.4cr (up 16%).

Outlook

Guiding for FY27 high double-digit top-line growth, 4.8%-5% EBITDA margins, and PAT approaching FY24 levels.

Risks

Near-term pressure from IndAS impact on acquisitions, cyber-attack at JLR, and prior supply constraints in entry-level vehicles.

Source

Earnings Call filed with BSE, NSE: PVSL. Summary written with AI assistance from the document.

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Popular Vehicles and Services Ltd: key numbers

Share price
₹98.67
Market cap
₹702.5 Cr
Revenue (annual)
₹6,381 Cr
Net profit (annual)
₹-12.47 Cr
P/E (TTM)
-299.3×Sector 67.6×
Promoter holding
61.38%+0.02% QoQ
FII holding
10.28%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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16:01 IST BSE
Debt & Borrowing

Popular Vehicles and Services Debt & Borrowing: ₹48.5 Cr

Popular Vehicles and Services Ltd is renewing corporate guarantees totaling ₹48.50 Crore in favour of State Bank of India for its two wholly-owned subsidiaries.

Value
₹48.50 Cr