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Popular Vehicles and Services Limited (IN:PVSL)
:PVSL
India Market

Popular Vehicles and Services Limited (PVSL) AI Stock Analysis

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IN:PVSL

Popular Vehicles and Services Limited

(PVSL)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
₹95.00
▼(-18.17% Downside)
Action:ReiteratedDate:03/26/26
The score is held down primarily by deteriorating profitability (margin compression and net losses) and elevated leverage, with only partial support from improved free cash flow. Technicals are neutral-to-weak with a negative MACD and price below longer-term averages. Valuation is a key risk due to an extremely high P/E and a modest dividend yield.
Positive Factors
Improved Free Cash Flow
The shift to materially positive free cash flow and a high operating-cash-flow to net-income ratio indicate the business is generating real cash despite accounting losses. Durable cash generation improves liquidity, funds operations, services debt, and enables reinvestment over the medium term.
Negative Factors
Gross Margin Compression
A halving of gross margin points to sustained pressure on pricing power or rising COGS in the dealership model. Persistent margin erosion undermines profitability sustainability, reduces operating leverage, and requires structural changes to cost base or pricing to restore durable profit margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Free Cash Flow
The shift to materially positive free cash flow and a high operating-cash-flow to net-income ratio indicate the business is generating real cash despite accounting losses. Durable cash generation improves liquidity, funds operations, services debt, and enables reinvestment over the medium term.
Read all positive factors

Popular Vehicles and Services Limited (PVSL) vs. iShares MSCI India ETF (INDA)

Popular Vehicles and Services Limited Business Overview & Revenue Model

Company Description
Popular Vehicles and Services Limited engages in the automotive dealership business in India. The company engages in the sale, service, and repair of passenger, commercial, and electric two-wheeler and three-wheeler vehicles; sale and exchange of ...
How the Company Makes Money
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Popular Vehicles and Services Limited Financial Statement Overview

Summary
Fundamentals are weak: margins compressed sharply (gross margin 10.8% to 5.32%), net margin turned negative (-0.19%), and revenue slipped (-1.32% YoY). Leverage remains elevated (debt-to-equity ~1.44) and ROE turned negative (-1.64%), partly offset by a notable improvement in free cash flow turning positive in 2025.
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
55
Neutral
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue55.78B55.41B56.16B48.75B34.66B27.46B
Gross Profit6.48B2.95B8.34B7.32B1.79B2.97B
EBITDA1.67B1.75B2.85B2.35B1.77B1.49B
Net Income-316.69M-104.63M760.77M640.74M336.69M324.55M
Balance Sheet
Total Assets21.82B19.05B19.57B15.04B12.63B11.19B
Cash, Cash Equivalents and Short-Term Investments1.13B310.35M719.78M240.49M258.78M601.44M
Total Debt11.11B9.22B9.25B9.38B7.56B6.50B
Total Liabilities15.52B12.66B13.03B11.61B9.83B8.73B
Stockholders Equity6.31B6.39B6.53B3.43B2.80B2.46B
Cash Flow
Free Cash Flow-602.51M587.71M-7.88M521.87M215.88M657.46M
Operating Cash Flow-114.19M1.12B799.29M1.09B696.92M951.74M
Investing Cash Flow-232.90M-400.21M-881.93M-796.20M-413.84M-66.50M
Financing Cash Flow584.51M-1.02B393.92M-238.44M-652.53M-706.76M

Popular Vehicles and Services Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price116.10
Price Trends
50DMA
99.69
Negative
100DMA
114.23
Negative
200DMA
123.16
Negative
Market Momentum
MACD
-2.64
Negative
RSI
50.48
Neutral
STOCH
54.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PVSL, the sentiment is Neutral. The current price of 116.1 is above the 20-day moving average (MA) of 89.88, above the 50-day MA of 99.69, and below the 200-day MA of 123.16, indicating a neutral trend. The MACD of -2.64 indicates Negative momentum. The RSI at 50.48 is Neutral, neither overbought nor oversold. The STOCH value of 54.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:PVSL.

Popular Vehicles and Services Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
₹8.62B31.710.61%10.77%-4.40%
62
Neutral
₹5.08B18.2634.34%2.00%
55
Neutral
$13.29B17.4210.03%0.93%7.13%-12.93%
50
Neutral
₹5.84B-89.542.44%9.91%-66.86%
49
Neutral
₹6.57B313.530.42%-0.11%-159.33%
45
Neutral
₹3.75B13.650.27%37.56%77.10%
44
Neutral
₹6.23B11.60
* Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:PVSL
Popular Vehicles and Services Limited
92.22
-10.44
-10.17%
IN:RITCO
Ritco Logistics Ltd.
177.35
-108.35
-37.92%
IN:ROHLTD
Royal Orchid Hotels Limited
314.45
-100.32
-24.19%
IN:SBGLP
Suratwwala Business Group Ltd
21.61
-14.83
-40.70%
IN:SNOWMAN
Snowman Logistics Ltd
34.97
-13.96
-28.53%
IN:STCINDIA
State Trading Corporation of India Limited
103.83
-22.32
-17.69%

Popular Vehicles and Services Limited Corporate Events

Popular Vehicles and Services Extends Corporate Guarantees for Subsidiaries’ Credit Lines
Mar 25, 2026
Popular Vehicles and Services Limited has notified the exchanges that it is continuing to extend corporate guarantees on credit facilities availed by its subsidiaries. The company is maintaining guarantees in favour of Sundaram Finance and IndusIn...
Popular Vehicles and Services Extends Corporate Guarantees for Subsidiary Credit Facilities
Mar 11, 2026
Popular Vehicles and Services Limited has notified the stock exchanges that it will continue to provide corporate guarantees to support renewed and enhanced credit facilities for two of its wholly owned subsidiaries. The company is backing borrowi...
Popular Vehicles and Services Elevates Regional and Marketing Heads to Senior Management
Feb 10, 2026
Popular Vehicles and Services Limited has strengthened its senior leadership structure by designating three executives as senior managerial personnel, following approval by the board of directors on 10 February 2026. The appointments cover regiona...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Mar 26, 2026