Popular Vehicles and Services Limited (PVSL) AI Stock Analysis

• Market Cap: ₹7.92B
• Dividend Yield: 0.42%
• Average Volume (3M): 8.95K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.43
• Revenue Growth: -0.11%
• EPS Growth: -159.33%
• Country: IN
• Employees: 10,000
• Sector: Services
• Sector Strength: N/A
• Industry: Auto - Dealerships
• EPS (TTM): 0.08
• Shares Outstanding: 71,198,200
• 10 Day Avg. Volume: 2,912
• 30 Day Avg. Volume: 8,945
• PEG Ratio: 0.61
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.13
• P/FCF Ratio: 12.13
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: ₹127.00 ▲(9.39% Upside)

The overall stock score of 45 reflects significant financial challenges, including declining profitability and inconsistent revenue growth. Technical analysis indicates bearish momentum, while valuation metrics highlight unattractive pricing. The absence of earnings call data and corporate events further limits positive catalysts for the stock.

Positive Factors

Cash Flow Improvement

The shift to positive free cash flow indicates improved cash generation, enhancing the company's ability to invest in growth and manage debt.

Comprehensive Revenue Streams

Diverse revenue streams provide stability and resilience, reducing dependency on any single source and supporting long-term growth.

Robust Operating Cash Flow

Strong operating cash flow relative to net income suggests efficient cash management, supporting ongoing operations and strategic initiatives.

Negative Factors

Declining Profitability

Decreasing profitability indicates challenges in cost management or pricing power, potentially affecting long-term financial health.

Increasing Leverage

Rising leverage can limit financial flexibility and increase risk, potentially impacting the company's ability to invest in future growth.

Gross Margin Decline

A declining gross margin suggests reduced pricing power or increased costs, which can pressure profitability and competitiveness.

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 several key streams. The primary source of income comes from the sale of new and used vehicles, where the company acts as a dealer for various automotive brands. Additionally, PVSL earns revenue from the sale of automotive parts and accessories, catering to both individual customers and businesses. The company also offers financing options for vehicle purchases, which generates interest income and related fees. Moreover, PVSL provides insurance services, earning commissions from insurance premiums. Partnerships with automotive manufacturers and financial institutions further enhance revenue opportunities, allowing PVSL to offer competitive pricing and financing solutions to its customers. Overall, the combination of vehicle sales, parts, financing, insurance, and strategic partnerships contributes significantly to the company's earnings.

Popular Vehicles and Services Limited Financial Statement Overview

Summary

The company faces a challenging financial landscape with declining profitability and inconsistent 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 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	55.61B	55.41B	56.16B	48.75B	34.66B	27.46B
Gross Profit	6.49B	2.95B	8.34B	7.32B	1.79B	2.97B
EBITDA	1.62B	1.75B	2.85B	2.35B	1.77B	1.49B
Net Income	-246.74M	-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	310.35M	310.35M	719.78M	240.49M	258.78M	601.44M
Total Debt	0.00	9.22B	9.25B	9.38B	7.56B	6.50B
Total Liabilities	-6.39B	12.66B	13.03B	11.61B	9.83B	8.73B
Stockholders Equity	6.39B	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: Negative
• Last Price: 116.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 116.1 is below the 20-day moving average (MA) of 117.90, below the 50-day MA of 129.89, and below the 200-day MA of 125.09, indicating a bearish trend. The MACD of -3.92 indicates Negative momentum. The RSI at 44.44 is Neutral, neither overbought nor oversold. The STOCH value of 26.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
RITCO	74 Outperform	₹7.40B	16.98	―	―	34.34%	2.00%
ROHLTD	61 Neutral	₹10.41B	22.56	―	0.61%	10.77%	-4.40%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SNOWMAN	50 Neutral	₹6.45B	220.96	―	2.44%	9.91%	-66.86%
STCINDIA	48 Neutral	₹7.49B	106.97	―	―	―	―
SBGLP	46 Neutral	₹6.02B	29.78	―	0.27%	37.56%	77.10%
PVSL	45 Neutral	₹7.92B	-26.29	―	0.42%	-0.11%	-159.33%

Popular Vehicles and Services Limited Corporate Events

Popular Vehicles and Services Limited Extends Corporate Guarantee to Subsidiary

Popular Vehicles and Services Limited has announced that it is providing a corporate guarantee to South Indian Bank Limited for a term loan of Rs. 2.36 crore sanctioned to its wholly-owned subsidiary, Kuttukaran Cars Private Limited. This move signifies the company’s support for its subsidiary’s financial activities and could enhance its operational capabilities, potentially impacting its market positioning positively.