	2021 Mar 31	2022 Mar 31	R 2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M PR	12M AR	12M IR	12M AR	12M AR	12M PRESS
Total Revenue	2,894	3,466	4,875	5,616	5,541	6,381
Cost of Operating Revenue	2,530	2,987	4,222	4,904	4,894	5,667
Gross Profit	363	479	653	711	647	714
Gross Margin	12.6	13.8	13.4	12.7	11.7	11.2
Total Operating Expenses	2,809	-	4,734	5,441	5,473	6,319
Operating Profit	85	-	141	174	68	62
Operating Margin	2.9	-	2.9	3.1	1.2	1.0
Financing Income/(Expense) - Net	-54	-61	-71	-95	-82	-103
Profit before Taxes	47	49	85	98	-9	-13
Income Taxes	15	15	21	22	2	-1
Profit after Tax	32	-	64	76	-10	-12
PAT Margin	1.1	-	1.3	1.4	-0.2	-0.2
EPS - Basic - ex Extraordinary Items	4.56	-	9.00	12.05	-1.47	-1.75
EPS - Diluted - ex Extraordinary Items	4.56	-	9.00	12.05	-1.47	-1.75
EBIT	85	92	141	174	68	62
EBITDA	157	161	220	266	167	189
EBITDA Margin	5.4	4.7	4.5	4.7	3.0	3.0

Balance Sheet

Abridged

Understanding Balance Sheet

Popular Vehicles & Services Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	PR	AR	PR	AR	AR	PRESS
Total Current Assets	567	600	736	1,096	1,046	1,089
Long-Term Investments	5	33	6	11	14	70
Property Plant & Equipment - Net	475	572	649	722	707	1,081
Total Non-Current Assets	552	661	768	860	859	1,295
Total Assets	1,119	1,263	1,504	1,957	1,905	2,383
Total Current Liabilities	492	522	664	813	786	1,048
Long Term Debt	356	445	491	459	462	700
Total Non-Current Liabilities	381	461	497	491	479	707
Total Liabilities	873	983	1,161	1,303	1,266	1,755
Total Shareholders' Equity	246	280	343	653	639	628
Total Equity	246	280	343	653	639	628
Total Liabilities & Equity	1,119	1,263	1,504	1,957	1,905	2,383

Cash Flow

Abridged

Understanding Cash Flow Statement

Popular Vehicles & Services Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M PR	12M AR	12M PR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	101.35	150.20	133.79	131.74	59.54	62.89
Working Capital - Increase/(Decrease)	-60.49	-80.20	-92.58	-147.54	6.36	-65.06
Net CF from Operating Activities	40.86	44.53	41.21	-15.80	65.90	-2.17
Capital Expenditures - Net	16.40	44.59	53.03	72.13	49.45	98.15
Net CF from Investing Activities	-8.22	-45.00	-81.52	-91.58	-40.02	-146.57
Dividends Paid - Cash - Total	-	-	-	-	3.56	-
Stock - Issuance/(Retirement) - Net	-	-	-	232.20	-	-
Debt - LT & ST - Issuance/(Retirement) - Total	-14.80	18.87	45.74	-93.70	-52.82	230.15
Net Cash Flow from Financing Activities	-14.80	-38.48	45.74	138.50	-56.37	190.34
Free Cash Flow to Equity	9.66	18.81	33.92	-181.62	-36.37	129.82
Free Operating CF net dividend	11.44	-3.99	-15.50	-96.51	8.57	-104.37
Free Operating CF	11.44	-3.99	-15.50	-96.51	12.13	-104.37

Business Segment Analysis

FY End:

Mar 25

Popular Vehicles & Services Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Revenue / Sales

Passenger cars (51.1%)₹ 2,830.57 CrCommercial vehicles (34.0%)₹ 1,882.92 CrLuxury vehicles (8.5%)₹ 470.52 CrOthers (6.4%)₹ 357.23 Cr

Assets

Passenger cars (53.4%)₹ 1,017.72 CrCommercial vehicles (26.1%)₹ 496.79 CrOthers (7.5%)₹ 142.00 CrLuxury vehicles (7.4%)₹ 141.71 CrReclassified as asset held for sale (5.6%)₹ 106.35 Cr

Regional Segment Analysis

FY End:

Mar 25

Popular Vehicles & Services Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

India (100.0%)₹ 5,541.23 Cr

Assets

India (100.0%)₹ 1,904.56 Cr

Historical Segment Analysis

Track how Popular Vehicles & Services Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Sales

Assets

Business

Regional

Business

We don't have enough data to show the Capex for Popular Vehicles & Services Ltd..

Frequently Asked Questions

What is the revenue of Popular Vehicles & Services Ltd.?

The latest trailing twelve month revenue of Popular Vehicles & Services Ltd. is ₹ 6,381.10 Cr, reflecting a 1-year growth of 15.16% and a 3-year CAGR of 9.39%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Popular Vehicles & Services Ltd.?

The latest trailing twelve month net profit (PAT) of Popular Vehicles & Services Ltd. is ₹ -12.47 Cr, with a 3-year earnings CAGR of -29.95%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of Popular Vehicles & Services Ltd.?

The trailing twelve month EBITDA of Popular Vehicles & Services Ltd. is approximately ₹ 61.79 Cr (based on an operating margin of 0.97%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of Popular Vehicles & Services Ltd.?

The trailing twelve month Earnings Per Share (EPS) of Popular Vehicles & Services Ltd. is -1.75. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Popular Vehicles & Services Ltd.?

The debt-to-equity ratio of Popular Vehicles & Services Ltd. stands at 2.24. The interest coverage ratio is 0.60x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Popular Vehicles & Services Ltd.?

The estimated book value per share of Popular Vehicles & Services Ltd. is 89.25 (derived from a P/B ratio of 1.23 and market price of ₹ 109.75), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Popular Vehicles & Services Ltd.?

The trailing twelve month operating cash flow of Popular Vehicles & Services Ltd. is ₹ -2.17 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Popular Vehicles & Services Ltd. report consolidated or standalone financials?

Popular Vehicles & Services Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.