Popular Vehicles and Services Limited (IN:PVSL)
:PVSL
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Popular Vehicles and Services Limited
(PVSL)
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Rating:42Neutral
Price Target:
₹96.00
▼(-17.31% Downside)
Action:Reiterated
Date:05/28/26
The score is driven primarily by weakened financial performance: a swing to net losses, margin compression, higher leverage, and negative free cash flow. Technical indicators are mixed with a weak longer-term trend, and valuation is difficult to support due to the negative P/E tied to recent losses.
Positive Factors
Revenue Growth
Sustained top-line growth (including a 14.4% increase in FY2026) indicates continuing customer demand and market traction for the dealership network. Durable revenue expansion supports scale economies, inventory turnover improvements, and reinvestment capacity over the next several quarters.
Negative Factors
Profitability Deterioration
The swing to net losses across FY2025–FY2026, alongside material gross and operating margin compression, signals weakening unit economics. Persistent losses erode retained earnings, limit reinvestment, and weaken resilience to industry shocks unless margins are restored.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line growth (including a 14.4% increase in FY2026) indicates continuing customer demand and market traction for the dealership network. Durable revenue expansion supports scale economies, inventory turnover improvements, and reinvestment capacity over the next several quarters.
Read all positive factors
Popular Vehicles and Services Limited (PVSL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.86B
Dividend Yield0.42%
Average Volume (3M)8.95K
Price to Earnings (P/E)―
Beta (1Y)1.32
Revenue Growth15.16%
EPS Growth-19.48%
CountryIN
Employees10,000
SectorServices
Sector StrengthN/A
IndustryAuto - Dealerships
Share Statistics
EPS (TTM)-4.45
Shares Outstanding71,198,200
10 Day Avg. Volume2,912
30 Day Avg. Volume8,945
Financial Highlights & Ratios
PEG Ratio-2.58
Price to Book (P/B)0.98
Price to Sales (P/S)0.10
P/FCF Ratio-12.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Popular Vehicles and Services Limited Business Overview & Revenue Model
Company Description
Popular Vehicles and Services Limited functions as a leading automotive dealership throughout India. Its core operations encompass the sales, servicing, and repair of a wide array of vehicles, including passenger cars, commercial vehicles, and ele...
How the Company Makes Money
null...
Popular Vehicles and Services Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
41
Neutral
Cash Flow
29
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 55.78B | 63.81B | 55.41B | 56.16B | 48.75B | 34.66B |
| Gross Profit | 6.48B | 3.00B | 2.95B | 8.34B | 7.32B | 1.79B |
| EBITDA | 1.67B | 1.89B | 1.75B | 2.85B | 2.35B | 1.77B |
| Net Income | -316.69M | -124.74M | -104.63M | 760.77M | 640.74M | 336.69M |
Balance Sheet | ||||||
| Total Assets | 21.82B | 23.83B | 19.05B | 19.57B | 15.04B | 12.63B |
| Cash, Cash Equivalents and Short-Term Investments | 1.13B | 733.99M | 310.35M | 719.78M | 240.49M | 258.78M |
| Total Debt | 11.11B | 14.06B | 9.22B | 9.25B | 9.38B | 7.56B |
| Total Liabilities | 15.52B | 17.55B | 12.66B | 13.03B | 11.61B | 9.83B |
| Stockholders Equity | 6.31B | 6.28B | 6.39B | 6.53B | 3.43B | 2.80B |
Cash Flow | ||||||
| Free Cash Flow | -602.51M | -489.77M | 587.71M | -7.88M | 521.87M | 215.88M |
| Operating Cash Flow | -114.19M | 525.77M | 1.12B | 799.29M | 1.09B | 696.92M |
| Investing Cash Flow | -232.90M | -1.47B | -400.21M | -881.93M | -796.20M | -413.84M |
| Financing Cash Flow | 584.51M | 1.36B | -1.02B | 393.92M | -238.44M | -652.53M |
Popular Vehicles and Services Limited Technical Analysis
Neutral
116.10
Price Trends
100.89
Negative
99.88
Negative
116.70
Negative
Market Momentum
-1.89
Positive
44.97
Neutral
16.73
Positive
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 98.65, above the 50-day MA of 100.89, and below the 200-day MA of 116.70, indicating a bearish trend. The MACD of -1.89 indicates Positive momentum. The RSI at 44.97 is Neutral, neither overbought nor oversold. The STOCH value of 16.73 is Positive, 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ₹2.19B | 7.38 | ― | 2.59% | 11.91% | 15.35% | |
76 Outperform | ₹123.89B | 55.48 | ― | ― | 21.55% | 64.47% | |
62 Neutral | ₹3.70B | 8.48 | ― | 1.17% | 2.35% | 516.13% | |
58 Neutral | ₹12.99B | 30.79 | ― | ― | 14.07% | 95.39% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
46 Neutral | ₹3.55B | -18,071.63 | ― | ― | -100.00% | -99.38% | |
42 Neutral | ₹6.86B | -54.45 | ― | 0.42% | 15.16% | -19.48% |
* Services Sector Average
IN:PVSL
Popular Vehicles and Services Limited
96.36
-24.84
-20.50%
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Popular Vehicles and Services Limited Corporate Events
Popular Vehicles and Services Revamps Key Board Committees to Bolster Governance
May 26, 2026
Popular Vehicles and Services Limited has reconstituted four key board committees—Audit, Corporate Social Responsibility, Risk Management, and Finance and Authorisation—effective May 26, 2026, following a board meeting held the same da...
Popular Vehicles and Services Reschedules Q4 FY26 Earnings Call
May 23, 2026
Popular Vehicles and Services Limited operates in the automotive retail and services industry, focusing on vehicle sales and after-sales services, with a notable presence in markets such as Kerala and Tamil Nadu. The company serves retail customer...
Popular Vehicles and Services Promoter Group Buys Additional Shares
Mar 27, 2026
Popular Vehicles and Services Limited has disclosed that promoter group entity Kuttukaran Homes LLP has acquired 20,100 equity shares of the company. The transaction has been reported to both BSE and NSE in compliance with Regulation 7(2) of SEBI&...
Promoter Group Kuttukaran Homes Increases Stake in Popular Vehicles and Services
Mar 27, 2026
Popular Vehicles and Services Limited has disclosed that its promoter group entity, Kuttukaran Homes LLP, has acquired 22,500 equity shares of the company. The transaction has been reported to both BSE and NSE in compliance with Regulation 7(2) of...
Promoter Group Kuttukaran Homes LLP Ups Stake in Popular Vehicles and Services
Mar 27, 2026
Popular Vehicles and Services Limited has disclosed that Kuttukaran Homes LLP, a promoter group entity, has acquired a total of 42,846 equity shares of the company, triggering regulatory reporting under insider trading and substantial acquisition ...
Popular Vehicles and Services Plans Virtual BOBCAPS Investor Meet on 1 April
Mar 27, 2026
Popular Vehicles and Services Limited has announced that its officials will participate in a virtual group meeting with investors and analysts on 1 April 2026, as part of the BOBCAPS Connect: Expert Call event. The interaction will be conducted on...
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...
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.