POPULAR VEHICLES N SER L (PVSL)

NSE: ₹98.91
BSE: ₹98.77
Stock Performance
Corporate Announcements
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Quarterly Financials

Consolidated Standalone
Particulars Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Revenue from Operations 1,416.82 1,363.71 1,291.45 1,512.75 1,364.67 1,372.36 1,310.90 1,530.38 1,785.36 1,754.45
YOY Revenue Growth % - - - - -3.68% 0.63% 1.51% 1.17% 30.83% 27.84%
Other Income 9.65 8.30 6.99 5.56 3.94 3.88 5.07 4.18 6.43 4.32
Total Income 1,426.46 1,372.01 1,298.44 1,518.30 1,368.61 1,376.24 1,315.96 1,534.56 1,791.80 1,758.77
Total Expenses + 1,406.49 1,348.15 1,290.15 1,506.45 1,381.50 1,392.45 1,327.08 1,538.18 1,796.79 1,766.27
Cost of Materials Consumed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Employee Benefit Expense 89.58 91.00 95.65 96.22 97.85 97.37 99.00 100.32 106.47 108.12
Other Expenses 59.63 59.81 55.30 61.22 59.87 62.50 54.36 64.77 63.55 61.01
Operating Profit 10.33 15.57 1.30 6.30 -16.83 -20.09 -16.18 -7.80 -11.43 -11.82
OPM % 0.7% 1.1% 0.1% 0.4% -1.2% -1.5% -1.2% -0.5% -0.6% -0.7%
Profit Before Tax + 19.98 23.86 8.29 11.86 -12.89 -16.21 -11.11 11.66 -6.64 -7.21
Tax Expense 4.05 3.75 2.84 4.29 -3.13 -2.49 -2.35 11.09 -7.31 -2.26
Tax % 20.3% 15.7% 34.3% 36.2% - - - 95.1% - -
Profit After Tax 15.92 20.11 5.45 7.57 -9.76 -13.72 -8.76 0.57 0.67 -4.96
EPS (Basic) 2.54 3.13 0.77 1.06 -1.37 -1.93 -1.23 0.08 0.09 -0.70

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2026 Mar 2025 Mar 2024
Revenue from Operations 6,381.10 5,541.23 5,615.53
YOY Revenue Growth % 15.16% -1.32% -
Other Income 19.99 20.36 31.15
Total Income 6,401.09 5,561.59 5,646.68
Total Expenses + 6,428.33 5,570.54 5,550.57
Employee Benefit Expense 413.90 387.08 366.46
Other Expenses 243.69 238.90 235.88
Operating Profit -47.23 -29.31 64.96
OPM % -0.7% -0.5% 1.2%
Profit Before Exceptional -27.24 -8.95 96.11
Exceptional Items 13.94 0.00 1.61
Profit Before Tax + -13.30 -8.95 97.72
Tax Expense -0.83 1.52 21.64
Tax % - - 22.1%
Profit After Tax -12.47 -10.46 76.08
EPS (Basic) -1.75 -1.47 12.05

Balance Sheet

Particulars Mar 2026 Mar 2025 Mar 2024
ASSETS
Non-Current Assets + 1,294.56 858.93 860.45
Property, Plant & Equipment 444.46 699.21 328.78
Capital Work in Progress 26.97 7.89 14.28
Non-Current Investments 18.65 14.01 11.25
Goodwill 13.27 11.55 11.55
Other Intangible Assets 6.69 9.76 13.87
Current Assets + 1,088.72 939.28 1,096.19
Inventories 617.37 580.39 592.87
Trade Receivables 259.37 222.95 296.92
Cash and Cash Equivalents 66.06 24.46 54.95
Current Investments 0.00 0.00 17.03
LIABILITIES & EQUITY
Total Equity 627.84 638.77 653.16
Equity Share Capital 14.24 14.24 14.24
Other Equity 613.60 624.53 638.92
Non-Current Liabilities 707.19 479.39 490.61
Current Liabilities 1,048.25 732.61 812.88
Total Liabilities 1,755.44 1,265.79 1,303.49

Cash Flow Statement

Particulars Mar 2026 Mar 2025 Mar 2024
Cash from Operating Activities 100.18 150.80 79.93
Cash from Investing Activities -145.63 -39.35 -88.19
Cash from Financing Activities 87.05 -141.94 39.39
Net Increase/Decrease in Cash 41.59 -30.49 31.13