Popular Vehicles and Services Limited (PVSL) AI Stock Analysis

• Market Cap: ₹9.84B
• Dividend Yield: 0.34%
• Average Volume (3M): 13.85K
• Price to Earnings (P/E): 33.9
• Beta (1Y): 1.45
• Revenue Growth: -2.46%
• EPS Growth: -129.92%
• Country: IN
• Employees: 10,000
• Sector: Services
• Sector Strength: N/A
• Industry: Auto - Dealerships
• EPS (TTM): -1.23
• Shares Outstanding: 71,198,200
• 10 Day Avg. Volume: 16,985
• 30 Day Avg. Volume: 13,853
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹124.00
• Price Target Upside: -10.27% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: ₹124.00 ▼(-10.27% Downside)

The overall stock score reflects significant financial challenges, including declining profitability and increasing leverage. Despite strong technical momentum, the valuation is unattractive due to negative earnings. The absence of earnings call insights and corporate events limits additional context.

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 pre-owned passenger vehicles; distribution of spare parts and accessories; facilitation of the sale of third-party financial and insurance products; and operation of driving schools. It is also involved in the business of manufacturing, dealing in, importing, exporting, assembling, repairing, and servicing, as well as acting as distributor, franchise, or agent of motor cars, trucks, vans, jeeps, tractors, motorcycles, scooters, three-wheeler vehicles, motor lunches, boats, and related spare parts and accessories. The company was incorporated in 1983 and is based in Ernakulam, India.

How the Company Makes Money

PVSL generates revenue through multiple streams, with new vehicle sales being the primary source. As an authorized Maruti Suzuki dealer, PVSL earns a margin on each vehicle sold. Additionally, the company capitalizes on the after-sales service market by offering maintenance and repair services, which secure ongoing customer engagement and additional revenue. PVSL's financing and insurance services provide another significant revenue stream, as the company earns commissions through partnerships with financial institutions and insurance providers. The sale of genuine spare parts and accessories further contributes to the company's earnings, ensuring customers have access to high-quality replacements and enhancements for their vehicles.

Popular Vehicles and Services Limited Financial Statement Overview

Summary

Popular Vehicles and Services Limited shows a challenging financial landscape with declining profitability and inconsistency in revenue growth. Leverage is increasing, posing potential risks, although cash flow generation has improved. The company needs to address profitability issues to enhance financial stability and investor confidence.

Income Statement

The income statement reveals a concerning financial trajectory. Gross profit margin has been decreasing, from 10.8% in 2024 to 5.32% in 2025, indicating reduced pricing power or increased cost of goods sold. Net profit margin has also declined from 1.35% in 2024 to a negative -0.19% in 2025, reflecting unprofitability. Revenue growth has been inconsistent, with a significant drop of 1.32% from 2024 to 2025 after an increase of 15.18% from 2023 to 2024. EBIT and EBITDA margins show a downward trend, with EBIT margin falling from 7.61% in 2024 to 1.07% in 2025.

Balance Sheet

The balance sheet indicates moderate stability with some areas of concern. The debt-to-equity ratio has worsened, from 1.42 in 2024 to 1.44 in 2025, suggesting increasing leverage. Return on equity has turned negative, falling from 11.65% in 2024 to -1.64% in 2025, highlighting efficiency issues. However, the equity ratio improved slightly from 33.37% in 2024 to 33.53% in 2025, indicating a stable asset base relative to equity.

Cash Flow

The cash flow statement shows mixed results. Free cash flow has turned positive from a deficit of -7.88 million in 2024 to 587.71 million in 2025, demonstrating improved cash generation. The operating cash flow to net income ratio is strong at 10.68 in 2025, indicating robust cash flow relative to net income. However, the free cash flow to net income ratio is negative due to the net income loss, highlighting ongoing profitability challenges.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	55.33B	55.41B	56.16B	48.75B	32.97B	27.46B
Gross Profit	7.86B	2.95B	8.34B	7.32B	3.55B	2.97B
EBITDA	2.08B	1.75B	2.85B	2.35B	1.77B	1.72B
Net Income	233.64M	-104.63M	760.77M	640.74M	336.69M	324.55M
Balance Sheet
Total Assets	0.00	19.05B	19.57B	15.04B	12.63B	11.19B
Cash, Cash Equivalents and Short-Term Investments	566.18M	310.35M	719.78M	285.22M	258.78M	601.44M
Total Debt	0.00	9.22B	9.25B	9.38B	7.56B	6.50B
Total Liabilities	-6.62B	12.66B	13.03B	11.61B	9.83B	8.73B
Stockholders Equity	6.62B	6.39B	6.53B	3.43B	2.80B	2.46B
Cash Flow
Free Cash Flow	0.00	587.71M	-7.88M	521.87M	215.88M	657.46M
Operating Cash Flow	0.00	1.12B	799.29M	1.09B	696.92M	951.74M
Investing Cash Flow	0.00	-400.21M	-881.93M	-796.20M	-413.84M	-66.50M
Financing Cash Flow	0.00	-1.02B	393.92M	-238.44M	-652.53M	-706.76M

Popular Vehicles and Services Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 138.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PVSL, the sentiment is Positive. The current price of 138.2 is above the 20-day moving average (MA) of 135.36, above the 50-day MA of 126.85, and above the 200-day MA of 126.78, indicating a bullish trend. The MACD of 5.42 indicates Negative momentum. The RSI at 55.61 is Neutral, neither overbought nor oversold. The STOCH value of 56.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PVSL.

Popular Vehicles and Services Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ROHLTD	68 Neutral	14.28B	29.82	20.47%	0.48%	9.24%	3.74%
RITCO	64 Neutral	7.55B	17.09	13.08%	―	32.13%	9.29%
SNOWMAN	57 Neutral	8.86B	140.19	1.40%	1.85%	11.69%	-42.04%
PVSL	50 Neutral	₹9.84B	33.91	―	0.34%	-2.46%	-129.92%
SBGLP	46 Neutral	6.27B	51.11	16.06%	0.28%	-33.59%	-36.65%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%