Latest: Popular Vehicles & Services Ltd Q1 FY27 (Apr–Jun 2026) results →This page is Q3 FY26 (Oct–Dec 2025).All Q3 FY26 results →
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Popular Vehicles & Services Ltd

Q3 FY26Automobiles

Popular Vehicles & Services Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management said on revenue, margins and capex.

Price₹110
Market cap₹770 Cr
Updated23 Aug 2026
Read4 min read

The short version

Future growth expectations for Popular Vehicles and Services Limited (PVSL) as per the document: - FY '26 Revenue: Expecting mid-teens growth compared to FY '25, outperforming initial single-digit growth forecast. FY '27 PAT expected to return to FY '24 levels, approximately Rs.

From Popular Vehicles & Services Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Future growth expectations for Popular Vehicles and Services Limited (PVSL) as per the document: - FY '26 Revenue: Expecting mid-teens growth compared to FY '25, outperforming initial single-digit growth forecast. - FY '27 Topline: High double-digit growth anticipated driven by organic and inorganic initiatives. - Passenger Vehicle Volume: Q4 volumes expected to increase (e.g., service business volume to grow by ~7-8% organically, supplemented by acquisitions). - Service Business: Targeting 10-12% growth in FY '27 including acquisitions; ASP growth projected at 8-10%. - Vehicle Sales Growth: Acquisitions contributing approximately 9,000 vehicles boost (~20% growth), plus 7-8% growth expected from existing stores. - Commercial Vehicle Segment: 52% growth observed; expected to contribute positively.

2 more points from Popular Vehicles & Services Ltd's call on revenue

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Profitability & Margins

See what Popular Vehicles & Services Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Popular Vehicles and Services Limited plans to kick off a new business platform in Q1 FY '27 with assistance from Accenture to centralize their service marketing and e-commerce efforts.
  • There is no immediate plan for further acquisitions; the company intends to consolidate its current expansion and focus on organic growth.
  • Term loans of around Rs. 80 crores were taken for acquisitions in Telangana and Globe, indicating past strategic investments.
  • Focus is on improving service volumes, service ASP, and operational efficiencies rather than large new capital outlays in the near term.

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Ranked on what management guided this quarter

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3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Popular Vehicles & Services Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • As of January-February 2026, there is a supply shortage in several vehicle segments.
  • For the lowest category like S-presso, there are about 150-200 bookings just in Kerala.
  • Combining Telangana, Bangalore, and Chennai, bookings stand at approximately 250-300 units.
  • Expected wholesale deliveries for S-presso in this period are about 50 units.
  • Other segments such as Tour S model and Swift have much lower wholesale numbers compared to current demand.

2 more points from Popular Vehicles & Services Ltd's call on order book

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Popular Vehicles & Services Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹1.9K Cr, net profit ₹1 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Popular Vehicles & Services Ltd Q3 FY26 results?

Future growth expectations for Popular Vehicles and Services Limited (PVSL) as per the document: - FY '26 Revenue: Expecting mid-teens growth compared to FY '25, outperforming initial single-digit growth forecast. FY '27 PAT expected to return to FY '24 levels, approximately Rs.

What is Popular Vehicles & Services Ltd share price analysis?

Popular Vehicles & Services Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹770 Cr. Investors should review the full earnings analysis for detailed insights.

Is Popular Vehicles & Services Ltd planning capital expenditure?

Popular Vehicles and Services Limited plans to kick off a new business platform in Q1 FY '27 with assistance from Accenture to centralize their service marketing and e-commerce efforts. - There is no immediate plan for further acquisitions; the company intends to consolidate its current expansion and focus on organic growth. - Term loans of around Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.