Popular Vehicles and Services Limited

BSE: PVSL544144ISIN INE772T01024

Consumer Discretionary
Auto -Dealer
BSE Consumer Discretionary

Share price

₹95.97+3.64 (+3.94%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹160.20
52W low: ₹78.50
Off 52W high: -40.09%
1M return: +5.65%
3M return: -12.24%
6M return: -9.46%
1Y return: -38.12%
20D avg volume: 2,48,724
50 DMA: ₹97.53
200 DMA: ₹100.44

Key ratios Consolidated

Market cap: ₹683.29 Cr
Current price: ₹95.97
52W high / low: ₹160.20 / ₹78.50
Face value: ₹2.00
P/E: -291.13
P/B: 1.09
EPS (TTM): ₹-0.33
Book value / share: ₹88.18
ROE: —
ROCE: 6.70%
Operating margin: —
Net margin: —
Debt / equity: 1.11
Net debt: ₹630.01 Cr
Interest cover: 0.87
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 44.3 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,890	1,754	1,785	1,530	1,311	1,372	1,365	1,513	1,291	1,364	1,417
	13.53	4.32	6.43	4.18	5.07	3.88	3.94	5.56	6.99	8.30	9.65
	1,903	1,759	1,792	1,535	1,316	1,376	1,369	1,518	1,298	1,372	1,426
	1,901	1,766	1,797	1,538	1,327	1,392	1,382	1,506	1,290	1,348	1,406
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	1,750	1,594	1,409	1,398	1,148	1,220	1,039	1,343	1,175	1,228	1,047
	116.91	108.12	106.47	100.31	99.00	97.37	97.84	96.22	95.65	91.00	89.58
	30.08	27.22	27.80	25.67	22.59	20.58	22.78	22.25	19.95	22.91	27.50
	39.51	37.73	35.43	27.38	26.81	25.32	24.68	25.07	23.72	24.22	23.29
	67.73	61.01	63.55	64.77	54.36	62.50	13.38	13.42	12.48	10.58	9.72
	1.86	-7.50	-5.00	-3.63	-11.11	-16.21	-12.89	11.86	8.29	23.86	19.98
	0.00	0.29	-1.64	15.29	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	1.86	-7.21	-6.64	11.66	-11.11	-16.21	-12.89	11.86	8.29	23.86	19.98
	0.50	2.25	-7.31	11.09	-2.35	-2.49	3.13	4.29	2.84	3.75	4.05
	1.37	-4.96	0.67	0.57	-8.76	-13.72	-9.76	7.57	5.45	20.11	15.92
	0.19	-0.70	0.09	0.08	-1.23	-1.93	-1.37	1.06	0.77	3.13	2.54
Key metrics
	71.45	57.74	56.59	64.71	38.29	29.69	34.57	59.18	51.96	70.99	70.77
	3.80%	3.30%	3.20%	4.20%	2.90%	2.20%	2.50%	3.90%	4.00%	5.20%	5.00%
	0.10%	-0.30%	0.00%	0.00%	-0.70%	-1.00%	-0.70%	0.50%	0.40%	1.50%	1.10%
	—	1.50%	—	3.20%	—	0.40%	—	—	—	—	—
	44.10%	27.80%	30.80%	1.20%	1.50%	0.60%	-3.70%	—	—	—	—
	115.60%	63.80%	106.90%	-92.50%	-260.70%	-168.20%	-161.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	6,960	6,381	5,541	5,616
	28.46	19.99	20.36	31.15
	6,988	6,401	5,562	5,647
	7,002	6,428	5,571	5,551
	0.00	0.00	0.00	—
	6,150	5,548	4,777	4,916
	431.81	413.90	387.08	366.46
	110.77	103.29	85.57	98.02
	140.05	127.35	98.79	91.93
	257.06	243.69	238.90	41.98
	-14.27	-27.24	-8.95	96.11
	13.94	13.94	0.00	1.60
	-0.33	-13.30	-8.95	97.72
	6.53	-0.83	1.51	21.64
	-2.35	-12.47	-10.46	76.08
	-0.34	-1.75	-1.47	12.05
Key metrics
	250.49	217.34	175.41	287.67
	3.60%	3.40%	3.20%	5.10%
	-0.03%	-0.20%	-0.20%	1.40%
	—	6.70%	6.50%	—
	25.16%	15.20%	-1.30%	—
	—	-19.20%	-113.70%	—
	—	-1.38	97.85	—
	—	-8.03	-14.42	—
	—	1.11	0.66	—
	—	630.01	398.68	—
	—	44.3	47.5	—
Balance sheet
	—	2,383	1,905	—
	—	1,089	939.28	—
	—	66.06	24.46	—
	—	259.37	222.95	—
	—	617.37	580.39	—
	—	131.79	94.72	—
	—	444.46	699.21	—
	—	102.25	82.72	—
	—	1,048	732.61	—
	—	696.07	423.14	—
	—	648.55	421.31	—
	—	47.52	1.83	—
	—	627.84	638.77	—
Cash flow
	—	100.17	150.80	—
	—	-145.63	-39.35	—
	—	87.05	-141.94	—
	—	101.55	52.95	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	921.69	730.35	875.17	707.34	536.42	587.98	644.59	762.50	581.84	605.08	666.86
	10.79	5.22	4.19	4.72	4.93	3.57	5.03	8.70	6.36	5.11	6.55
	932.48	735.58	879.37	712.06	541.35	591.54	649.62	771.20	588.20	610.19	673.41
	941.16	758.92	895.15	722.42	561.35	618.91	667.63	766.91	588.62	602.60	668.10
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	844.79	631.00	621.00	625.39	459.01	507.70	412.92	717.50	535.29	535.41	417.18
	70.28	66.33	66.16	56.95	58.06	58.22	59.84	56.28	57.33	56.18	54.55
	19.18	17.88	18.38	16.80	14.63	12.21	14.18	13.21	11.30	12.38	16.01
	24.96	24.02	24.21	15.35	14.74	13.80	13.08	13.07	12.88	12.45	12.48
	43.36	37.85	38.23	41.66	33.02	41.13	9.89	9.70	8.23	7.17	8.14
	-8.68	-23.35	-15.79	-10.36	-20.01	-27.37	-18.02	4.29	-0.43	7.59	5.31
	0.00	0.00	-0.87	1.16	0.00	0.00	—	—	—	—	—
	-8.68	-23.35	-16.66	-9.21	-20.01	-27.37	-18.02	4.29	-0.43	7.59	5.31
	-2.10	6.60	4.36	-2.21	-4.92	4.32	4.58	1.05	0.06	0.09	1.24
	-6.58	-16.75	-12.30	-7.00	-15.09	-23.06	-13.43	3.24	-0.37	7.68	4.07
	-0.92	-2.35	-1.73	-0.98	-2.12	-3.24	-1.89	0.45	-0.05	1.19	0.65
Key metrics
	35.46	18.55	25.93	22.94	9.36	-1.36	9.24	30.57	23.75	32.42	33.80
	3.80%	2.50%	3.00%	3.20%	1.70%	-0.20%	1.40%	4.00%	4.10%	5.40%	5.10%
	-0.70%	-2.30%	-1.40%	-1.00%	-2.80%	-3.90%	-2.10%	0.40%	-0.10%	1.30%	0.60%
	—	-0.60%	—	1.00%	—	-2.00%	—	—	—	—	—
	71.80%	24.20%	35.80%	-7.20%	-7.80%	-2.80%	-3.30%	—	—	—	—
	56.40%	27.40%	8.40%	-316.00%	-3,978.40%	-400.30%	-430.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	3,235	2,849	2,577	2,644
	24.92	19.07	23.65	17.77
	3,259	2,868	2,601	2,662
	3,318	2,938	2,642	2,632
	0.00	0.00	0.00	—
	2,722	2,336	2,173	2,244
	259.72	247.50	231.67	224.61
	72.24	67.68	50.91	55.25
	88.54	78.32	52.83	48.50
	161.10	150.76	155.35	30.61
	-58.18	-69.50	-41.52	29.17
	0.29	0.29	0.00	1.60
	-57.90	-69.22	-41.52	30.78
	6.65	-18.08	-7.91	4.96
	-42.63	-51.14	-33.62	25.82
	-5.98	-7.18	-4.72	4.09
Key metrics
	102.88	76.78	62.22	134.53
	3.18%	2.70%	2.40%	5.10%
	-1.32%	-1.80%	-1.30%	1.00%
	—	-0.20%	1.20%	—
	27.77%	10.60%	-2.50%	—
	—	-52.10%	-230.20%	—
	—	35.03	-72.77	—
	—	-1.82	1.15	—
	—	0.98	0.60	—
	—	357.68	263.39	—
	—	36.4	46.5	—
Balance sheet
	—	1,485	1,231	—
	—	473.80	486.53	—
	—	40.22	8.56	—
	—	83.15	69.43	—
	—	257.26	314.45	—
	—	69.40	62.41	—
	—	320.00	460.96	—
	—	57.36	55.36	—
	—	595.86	459.13	—
	—	397.90	271.95	—
	—	362.83	271.86	—
	—	35.07	0.09	—
	—	405.21	455.00	—
Cash flow
	—	93.28	-38.65	—
	—	-97.12	-12.16	—
	—	35.50	27.50	—
	—	58.25	34.12	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +27.77%
Profit YoY (TTM): +11.81%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +25.16%
Profit YoY (TTM): +90.47%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 61.38%

Quarter	September 2026	June 2026
Promoter %	61.38%	61.38%

Holder	Type	Holding	Previous	Change
Naveen Philip	Promoter	20.41%	20.41%	0.00%
John Kuttukaran Paul	Promoter	20.39%	20.39%	0.00%
Francis Kuttukaran Paul	Promoter	20.39%	20.39%	0.00%
Banyantree Growth Capital II LLC	Public	10.01%	10.01%	0.00%
Hdfc Trustee Company Limited - Hdfc Tax Saverfund	Public	9.68%	9.75%	-0.07%
Fedex Finance Private Limited	Public	1.72%	1.66%	+0.06%
Nimisha Himanshu Shah	Public	1.43%	1.43%	0.00%
Kuttukaran Homes LLP	Promoter Group	0.19%	0.19%	0.00%
Kuttukaran Mobility Services LLP	Promoter Group	0.00%	0.00%	0.00%
Shalet John	Promoter Group	0.00%	0.00%	0.00%
Rita Mathew	Promoter Group	0.00%	0.00%	0.00%
Sonnie Joseph	Promoter Group	0.00%	0.00%	0.00%
Susan Varghese	Promoter Group	0.00%	0.00%	0.00%
Paul Mathew	Promoter Group	0.00%	0.00%	0.00%
Donnie Joseph	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
LANDMARK CARS LIMITED	1,936	466.95	42.78	13.20%	+20.72% TTM	+112.89% TTM	-23.99%
Popular Vehicles and Services Limited	683	95.97	-291.13	6.70%	+25.16% TTM	+90.47% TTM	-38.12%
Competent Automobiles Co. Ltd.	225	351.25	9.96	12.80%	+25.38% TTM	+17.64% TTM	-12.92%
Resourceful Automobile Limited S	14	52.00	9.14	9.90%	—	—	-24.53%
Naksh Precious Metals Limited S	4	4.17	-9.70	-8.90%	-40.19% TTM	-197.87% TTM	-32.85%

Filings & corporate actions

Recent announcements

Pursuant to the Regulation 30 of SEBI (LODR) Regulation, 2015, we hereby inform you that the statutory auditor of Popular Mega Motors (India) Private Limited, a Wholly Owned Material Subsidiary ....4 Nov 2026 · Company Update / Resignation of Statutory Auditors
Pursuant to the Regulation 30 of SEBI (LODR) Regulation, 2015 we wish to inform you that the statutory auditors of Popular Mega Motors (India) Private Limited, Wholly Owned Material Subsidiary ....4 Nov 2026 · Company Update / Change in Management
Pursuant to the regulation 30 of SEBI (LODR) Regulation, 2015 we wish to inform you that the statutory auditors of Popular Mega Motors (India) Private Limited, wholly owned material subsidiary ....4 Nov 2026 · Company Update / Resignation of Statutory Auditors
Popular Vehicles And Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2026 ,inter alia, to consider and approve Pursuant to Regulation ....3 Nov 2026 · Board Meeting / Board Meeting
Pursuant to the Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that ....3 Nov 2026 · Company Update / Analyst / Investor Meet
Intimation of reaffirmed credit rating of Popular Vehicles and Services Limited.2 Nov 2026 · Company Update / Credit Rating
Intimation of credit rating of wholly owned subsidiary Popular Mega Motors (India) Private Limited.2 Nov 2026 · Company Update / Credit Rating
We wish to inform you that Popular Mega Motors (India) Private Limited, a Wholly owned subsidiary of the Company, has successfully completed the assessment conducted by the Great Place ....29 Oct 2026 · Company Update / General
The Board of Directors vide circular resolution passed on 29th October, 2026, approved the conducting of a postal ballot to seek approval of shareholders for alteration of the Articles ....29 Oct 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company, by way of a ....29 Oct 2026 · Others / Outcome without intimation
Pursuant to Regulation 30 read with clause 7C of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, we hereby inform you that Mrs. Jarly Manjesh, Head - Group Finance ....23 Oct 2026 · Company Update / Cessation
Pursuant to Regulation 30 read with clause 7C of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, we hereby inform you that Mrs. Jarly Manjesh, Head - Group Finance ....23 Oct 2026 · Company Update / Change in Management
The Board of Directors of the Company has reconstituted the Finance and Authorisation Committee by way of a resolution by circulation passed on 19th October, 2026.19 Oct 2026 · Company Update / General
In accordance with SEBI LODR Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of the SEBI (Prohibition ....15 Oct 2026 · Company Update / General
Certificate under regulation 74 (5) of the SEBI (DP) Regulations, 2018 regarding the details of securities of the company dematerialised/ rematerialised during the quarter ended 30th September, 2026.13 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30 and other relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the officials of ....12 Oct 2026 · Company Update / Analyst / Investor Meet
Mr. John Kuttukaran Paul (DIN:00016513), has tendered his resignation from the position of Director in the following subsidiaries of the Company, vide resignation letter dated 08th October, ....8 Oct 2026 · Company Update / Change in Management
Mr. John Kuttukaran Paul (DIN: 00016513) has tendered his resignation from the position of Director in the following subsidiaries of the company, vide resignation letter dated 08th October, ....8 Oct 2026 · Company Update / Change in Directorate
Mr. John Kuttukaran Paul (DIN: 00016513), has tendered his resignation from the position of Director in the following subsidiaries of the Company: 1. Prabal Motors Pvt. Ltd., (Material ....8 Oct 2026 · Company Update / Resignation of Director
Mr. John Kuttukaran Paul (DIN: 00016513), Whole-Time Director of the Company, has resigned vide letter dated 08th October, 2026, to be effective immediately.8 Oct 2026 · Company Update / Change in Directorate
Mr. John Kuttukaran Paul (DIN: 00016513), Whole-Time Director of the Company, has tendered his resignation vide letter dated 08th October, 2026, to be effective immediately.8 Oct 2026 · Company Update / Change in Management
Mr. John Kuttukaran Paul (DIN: 00016513), Whole-Time Director of the Company, has tendered his resignation vide letter dated 08th October, 2026, to be effective immediately.8 Oct 2026 · Company Update / Resignation of Director
Intimation of credit rating of wholly owned subsidiary Popular Autoworks Private Limited.6 Oct 2026 · Company Update / Credit Rating
Copy of press release to be issued regarding the commencement of full-scale commercial operations of the e-commerce marketplace for automotive spare parts (www.yanik.in) by the Company''s ....5 Oct 2026 · Company Update / Press Release / Media Release
Zparex Digisolutions Private Limited, the wholly owned step-down subsidiary of the Company, has commenced the full-scale commercial operations of its automotive spare parts e-commerce ....5 Oct 2026 · Company Update / General
Copy of press release to be issued regarding the announcement of an amicable family settlement agreement by the promoter family of Popular Vehicles and Services Limited.5 Oct 2026 · Company Update / Press Release / Media Release
The Company has received a communication dated October 05, 2026 from the promoters and members of promoter group informing the Company about the execution of a Memorandum Recording Family ....5 Oct 2026 · Company Update / Memorandum of Understanding /Agreements
Intimation of closure of trading window for trading in securities of the Company, from Thursday, 01st October, 2026 till 48 hours after the declaration of un-audited financial results for ....28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, the Company hereby intimate that the Company is continuing to extend corporate guarantees in favour of Popular Mega Motors ....21 Sep 2026 · Company Update / General
Pursuant to Regulation 30 and other relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the officials of the ....11 Sep 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 44(3) of the SEBI (LODR) Regulations, 2015, please find enclosed herewith the Combined Voting Results (i.e., result of remote e-voting together with that of the e-voting ....31 Aug 2026 · AGM/EGM / AGM
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 with respect to the Appointment/re-appointment of Directors in the 42nd AGM of the Company.29 Aug 2026 · Company Update / Change in Directorate
Appointment of M/s. MSKA & Associates LLP as the statutory auditors of the Company for a term of 5 years.29 Aug 2026 · Company Update / Appointment of Statutory Auditor/s
Proceedings of the 42nd AGM of the Company held on 28th August, 2026.28 Aug 2026 · AGM/EGM / AGM
This is in continuation of our letter dated 03rd August, 2026, wherein the Company had filed the notice of the 42nd Annual General Meeting (AGM). A corrigendum is issued today to inform ....24 Aug 2026 · AGM/EGM / AGM
In continuation of our prior intimation dated 7th August, 2026 and pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, enclosed herewith ....19 Aug 2026 · Company Update / Earnings Call Transcript
We hereby inform that the audio recording of the Investor and Analyst Conference Call for the first quarter ended 30th June, 2026 held today i.e. Wednesday, 12th August, 2026, is available ....12 Aug 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 47 and 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith the newspaper advertisement published in Financial Express (English) and Deepika (Malayalam) ....12 Aug 2026 · Company Update / Newspaper Publication
In continuation of the intimation dated 07th August, 2026 regarding the scheduled investor call, we enclose herewith a copy of the investor presentation on the Un-Audited Financial Results ....11 Aug 2026 · Company Update / Investor Presentation
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed a copy of the Press Release to be issued on the unaudited financial results and business performance of ....11 Aug 2026 · Company Update / Press Release / Media Release

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.5000	17 Sep 2024	17 Sep 2024	—

Board meetings

11 Nov 2026 Board Meeting - Financial Results
11 Aug 2026 Board Meeting - Financial Results