Popular Vehicles And Services

Quick check

The five things to look at first. Open one for more.

• DebtAdequate safetyRated A by CRISIL.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 44% and profit rose 116% from a year earlier. (A year earlier it made a loss.)
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 61% of the company, about the same as in Jun 2025.
• ValuationExpensive vs its pastThe share trades at 36.7 times its yearly earnings (P/E), pricier than 95% of the time in the last 1 years. Its usual P/E is about 27.

Popular Vehicles And Services against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)36.7 against a typical 36.7: in line than most peers (1st = cheapest).4th of 7
• Sales growth+44.1% against a typical +35.1% from a year earlier.1st of 5
• Share price, 3 months−15.3% against a typical +24.1%.5th of 6
• Size₹ 642.2 Cr. market value against a typical ₹ 202.5 Cr. (1st = largest).2nd of 7

Exchange filings and their impact on the company.

• 15 Oct 2026General UpdatesHigh impactVery positivePrice +1.9% on 16 Oct
  Q2 revenue up 40% and volumes up 51% with 26% organic growth point to strong turnaround momentum.

  Popular Vehicles reported a strong Q2 and first half for FY27, with total revenue up about 40% in Q2 and 46% in H1 versus last year, and new vehicle volumes up 51% and 67%. Even excluding acquisitions, organic revenue grew 26% in Q2 and 29% in H1 across cars, luxury cars, commercial vehicles and spares. The company said GST cuts lowered vehicle prices so volumes grew faster than revenue, discounts fell, inventory improved to 41 days, and festive demand around Onam was strong, while debt rose temporarily to build stock before October price hikes.

  Full analysisFiling
• 8 Oct 2026Change in Director(s)Low impactNeutralPrice −0.9% on 9 Oct
  Whole-time director John Kuttukaran Paul resigned with immediate effect under promoter family settlement.

  Popular Vehicles and Services said Whole-Time Director John Kuttukaran Paul resigned on 8th October 2026 with immediate effect. The company said the exit is pursuant to the family settlement among promoters intimated on 5th October 2026. No financial terms, replacement or business impact was disclosed, so dealership operations are expected to continue unchanged.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Raj Narayan

Chief Executive Officer

Abraham Mammen

Group Chief Financial Officer

A. Suresh Kumar

Chief Executive Officer of PAWL

Varun Thazhathu Veedu

Compliance Officer, Company Secretary

Gopikrishnan Jayakumar

Chief Risk Officer

Benny K. J.

Vice President - Human Resources

Sojan Chacko

Vice President - Internal Audit

Somy K. Cheruvathoor

Vice President - Project Planning and Development