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Revenue up 36% YoY, driven by acquisitions and festive demand; EBITDA margins expanding.
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.
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 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 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.
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.
Popular Mega Motors, a wholly owned material subsidiary, saw its statutory auditor R.G.N. Price & Co. resign. The resignation follows the holding company's auditor rotation.
Popular Vehicles will hold a board meeting on 11 November 2026 to approve unaudited half-year results. The trading window closes from 01 October 2026.
Popular Vehicles and Services reported that CRISIL reaffirmed its wholly owned subsidiary's rating at CRISIL A/Stable and CRISIL A1. The reaffirmation is valid until 31 March 2027.
Popular Vehicles and Services Ltd announced its subsidiary Popular Mega Motors (India) Pvt Ltd received a Great Place to Work certification. The award, valid October 2026 to 2027, comes with a 95% Trust Index score.
Popular Vehicles passed a circular resolution approving a routine AOA amendment on the common seal. A postal ballot notice and scrutinizer were also appointed.
Popular Vehicles announces resignation of Mrs. Jarly Manjesh, Head – Group Finance Transformation, effective 21 Jan 2027. No immediate operational impact is indicated.
The company filed its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.
Popular Vehicles and Services Ltd announced the resignation of Whole-Time Director Mr. John Kuttukaran Paul, effective immediately, due to a family settlement agreement among the promoters.
Care Ratings has reaffirmed and assigned new credit ratings to the bank facilities of Popular Autoworks Private Limited, a wholly-owned subsidiary of the company.
Popular Vehicles and Services Ltd has commenced full-scale commercial operations of its e-commerce marketplace 'Yanik' for automotive spare parts through its subsidiary Zparex Digisolutions.
Popular Vehicles' step-down subsidiary, Zparex Digisolutions, has launched commercial operations for its automotive spare parts e-commerce marketplace, 'Yanik'.
Popular Vehicles and Services Ltd announced a family settlement where promoter Mr. John K. Paul will exit the business. His 20% stake will be transferred to continuing promoters by December 2029.
Promoters of Popular Vehicles and Services executed a Family Settlement Agreement to realign ownership and management. Outgoing promoter John K. Paul will transfer his 20.39% stake to continuing promoters.
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.
Popular Vehicles and Services Ltd announced the re-appointment of Mr. John K. Paul and the appointment of Mr. Paul Francis Kuttukaran as directors following its 42nd AGM.
Popular Vehicles and Services Ltd has appointed M/s. MSKA & Associates LLP as its statutory auditor for a five-year term, approved at the 42nd AGM.
Popular Vehicles and Services Ltd issued a corrigendum to its 42nd AGM notice. The update includes additional disclosures regarding the proposed appointment of M/s. MSKA & Associates LLP as statutory auditors.
Q1FY27 revenue grew 44.1% YoY to ₹1,889.6 Cr with EBITDA up 86.6%. Strategy focuses on geographical diversification beyond Kerala and higher-margin services/spare parts segments.
Popular Vehicles and Services released its Q1FY27 investor update, reporting a total income of ₹1,903.1 Crore and an EBITDA of ₹71.5 Crore for the quarter.
Popular Vehicles and Services Ltd reported revenue from operations of ₹1,890 Cr (+44.1% YoY) and net profit of ₹1.4 Cr for Q1 FY27.
Popular Vehicles and Services Ltd has scheduled a board meeting for August 11, 2026. The board will consider unaudited financial results for the quarter ended June 30, 2026.
Popular Vehicles and Services Ltd has released its Business Responsibility and Sustainability Report for FY 2025-26. The report details the company's ESG performance and operational highlights.
Popular Vehicles and Services Ltd has published its Annual Report for FY 2025-26. The filing also includes the notice for the 42nd Annual General Meeting.
Popular Vehicles and Services Ltd has scheduled its 42nd Annual General Meeting for August 28, 2026, via video conferencing to transact ordinary and special business.