Popular Vehicles & Services Ltd (PVSL) — shareholding pattern, promoter holding, financials and share price
About Popular Vehicles & Services Ltd (PVSL)
Popular Vehicles & Services Ltd operates in the Auto -Dealer industry, within the Automobile and Auto Components sector. It trades on the NSE as PVSL and on the BSE under scrip code 544144. Its ISIN is INE772T01024.
Incorporated in 1983, Popular Vehicles and Services Ltd is in the business of sale and service of automobiles, spare parts, finance and insurance commission [1]
Popular Vehicles & Services Limited is an integrated automobile dealership group operating showrooms, service centres, spare‑parts distribution and pre‑owned vehicle outlets across seven states; the company represents marquee OEMs including Maruti Suzuki, Jaguar Land Rover, Audi, Tata Motors, BharatBenz and Ather and runs an omnichannel model spanning sales, aftersales, parts distribution and third‑party finance and insurance services.
Q3 FY26 marked a clear inflection: consolidated total income rose ~31% YoY to Rs. 1,791.8 crore with adjusted EBITDA improving to Rs. 61.7 crore (3.4% margin). Management attributes the rebound to GST rationalisation driving entry‑level PV demand, a strong CV recovery, and higher EV two‑wheeler volumes led by Ather, while integration costs temporarily compress near‑term margins.
Listed peers in Auto -Dealer: Mercury EV-Tech Ltd, Hindustan Motors Ltd, Competent Automobiles Company Ltd, Wardwizard Innovations & Mobility Ltd, Amba Auto Sales and Services Ltd, Tunwal E-Motors Ltd.
Valuation & Returns
10 Jul 2026At ₹93.98 a share on 10 Jul 2026, Popular Vehicles & Services Ltd (PVSL) was valued at a price-to-earnings ratio of -53.62x against an industry P/E of 12.68x and a price-to-book of 1.05x on a book value of ₹89.72 per share as of Mar 2025. Solomo computes return on equity of -1.95% and return on capital employed of 5.77% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- -53.62x
- Industry P/E
- 12.68x
- P/B
- 1.05x
- EPS (TTM)
- ₹-1.75
- Book value / share
- ₹89.72
- ROE
- -1.95%
- ROCE
- 5.77%
- ROA
- -0.66%
- Debt / equity
- 1.44x
- Dividend yield
- 0%
- EBITDA margin
- 3.41%
- 52-week range
- ₹78.5 – ₹163.05
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Popular Vehicles & Services Ltd (PVSL) reported revenue of ₹6,381 crore, net profit of ₹-12 crore and earnings per share of ₹-1.75. That compares with revenue of ₹5,541 crore and net profit of ₹-10 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,754.45 crore and net profit ₹-4.96 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 3,466 | 4,875 | 5,616 | 5,541 | 6,381 |
| Net profit (₹ cr) | 34 | 64 | 76 | -10 | -12 |
| EPS (₹) | 26.84 | 51.07 | 10.69 | -1.47 | -1.75 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 6.98% | 11.37% | -1.32% |
| Profit growth | - | - | -113.75% |
| Stock price CAGR | - | - | -25% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 61.38% of Popular Vehicles & Services Ltd (PVSL) (up 0.02 pp QoQ), foreign institutional investors (FII) hold 10.28% and domestic institutional investors (DII) hold 9.85%. Market capitalisation was ₹669 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2024.
Largest disclosed public shareholders in Jun 2026: Banyantree Growth Capital II LLC 10.01%, Hdfc Trustee Company Limited - Hdfc Tax Saverfund 9.75%, Fedex Finance Private Limited 1.66%, Nimisha Himanshu Shah 1.43%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 61.38% | - | 10.28% | 9.85% | 38.62% |
| Mar 2026 | 61.36% | - | 10.32% | 10.01% | 38.64% |
| Dec 2025 | 61.18% | - | 10.44% | 10.21% | 38.82% |
| Sep 2025 | 61.18% | - | 10.57% | 10.58% | 38.82% |
| Jun 2025 | 61.18% | - | 10.88% | 10.5% | 38.82% |
| Mar 2025 | 61.18% | - | 12.65% | 11.74% | 38.82% |
| Dec 2024 | 61.18% | - | 12.85% | 12.19% | 38.82% |
| Sep 2024 | 61.18% | - | 14.52% | 12.98% | 38.82% |