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 666.86 605.08 581.84 762.50 644.59 587.98 536.42 707.34 875.17 730.35
YOY Revenue Growth % - - - - -3.34% -2.83% -7.81% -7.23% 35.77% 24.21%
Other Income 6.55 5.11 6.36 8.70 5.03 3.57 4.93 4.72 4.19 5.23
Total Income 673.41 610.19 588.20 771.20 649.62 591.54 541.35 712.06 879.37 735.58
Total Expenses + 668.10 602.60 588.62 766.91 667.63 618.92 561.35 722.42 895.15 758.92
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 54.55 56.18 57.33 56.28 59.84 58.22 58.06 56.96 66.16 66.33
Other Expenses 40.95 37.82 34.78 40.25 39.19 41.13 33.02 41.66 38.23 37.85
Operating Profit -1.24 2.48 -6.79 -4.41 -23.04 -30.94 -24.93 -15.08 -19.98 -28.57
OPM % -0.2% 0.4% -1.2% -0.6% -3.6% -5.3% -4.6% -2.1% -2.3% -3.9%
Profit Before Tax + 5.31 7.59 -0.43 4.29 -18.02 -27.37 -20.01 -9.21 -16.66 -23.35
Tax Expense 1.24 -0.09 -0.06 1.05 -4.58 -4.32 -4.92 -2.21 -4.36 -6.60
Tax % 23.3% -1.2% - 24.5% - - - - - -
Profit After Tax 4.07 7.68 -0.37 3.24 -13.43 -23.06 -15.09 -7.00 -12.30 -16.75
EPS (Basic) 0.65 1.19 -0.05 0.45 -1.89 -3.24 -2.12 -0.98 -1.73 -2.35

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2026 Mar 2025 Mar 2024
Revenue from Operations 2,849.29 2,576.90 2,643.82
YOY Revenue Growth % 10.57% -2.53% -
Other Income 19.07 23.65 17.77
Total Income 2,868.35 2,600.55 2,661.60
Total Expenses + 2,937.86 2,642.08 2,632.42
Employee Benefit Expense 247.50 231.67 224.61
Other Expenses 150.76 155.35 156.28
Operating Profit -88.57 -65.18 11.40
OPM % -3.1% -2.5% 0.4%
Profit Before Exceptional -69.50 -41.53 29.17
Exceptional Items 0.29 0.00 1.61
Profit Before Tax + -69.22 -41.53 30.78
Tax Expense -18.08 -7.91 4.96
Tax % - - 16.1%
Profit After Tax -51.14 -33.62 25.82
EPS (Basic) -7.18 -4.72 4.09

Balance Sheet

Particulars Mar 2026 Mar 2025 Mar 2024
ASSETS
Non-Current Assets + 1,011.21 744.07 716.23
Property, Plant & Equipment 320.00 460.96 197.33
Capital Work in Progress 10.59 7.66 12.98
Non-Current Investments 115.15 114.71 93.85
Goodwill 1.49 0.00 0.00
Other Intangible Assets 3.07 3.18 3.52
Current Assets + 473.80 486.53 506.74
Inventories 257.26 314.45 292.36
Trade Receivables 83.15 69.43 89.44
Cash and Cash Equivalents 40.22 8.56 31.87
Current Investments 0.00 0.00 17.03
LIABILITIES & EQUITY
Total Equity 405.21 455.00 492.43
Equity Share Capital 14.24 14.24 14.24
Other Equity 390.97 440.76 478.19
Non-Current Liabilities 483.94 317.31 302.47
Current Liabilities 595.86 459.13 428.07
Total Liabilities 1,079.80 776.44 730.54

Cash Flow Statement

Particulars Mar 2026 Mar 2025 Mar 2024
Cash from Operating Activities 93.28 -38.65 114.68
Cash from Investing Activities -97.12 -12.16 -175.71
Cash from Financing Activities 35.50 27.50 88.60
Net Increase/Decrease in Cash 31.66 -23.31 27.56