Popular Vehicles & Services Ltd Share Price – NSE  / BSE

Retail, Small Cap

Total revenue from operations increased 15% YoY in FY26.

The company said that Honda and Piaggio volumes and revenue were accounted for only until August 2025, while Audi volume and revenue were accounted for from Q4 FY26 onwards.

Segment-wise, passenger vehicles (excluding luxury) grew 25% YoY in Q4 FY26 and 4% YoY in FY26. The luxury PV segment grew 37% YoY in Q4 FY26 and 15% YoY for FY26. Commercial vehicles (CV) posted a sharp growth of 134% YoY in Q4 FY26 and 32% YoY in FY26.

The EV and spare parts distribution segment rose 39% YoY in Q4 FY26 and 15% YoY in FY26. New vehicle volume sales increased 44% YoY in Q4 FY26 and 21% YoY in FY26.

Popular Vehicles and Services is one of the largest authorized dealerships for Maruti Suzuki India (MSIL) vehicles in India. Its subsidiaries and step-down subsidiaries are in the dealership business of Honda Cars India, Jaguar Land Rover India, Tata Motors (Commercial Vehicles) and Daimler India Commercial Vehicles (Bharat Benz), among others.

The company reported a consolidated net loss of Rs 0.67 crore in Q3 FY26, compared with a net loss of Rs 9.76 crore in Q3 FY25. Revenue from operations rose 30.8% YoY to Rs 1,785.36 crore in Q3 FY26, from Rs 1,364.67 crore in the corresponding quarter of the previous fiscal year.

Popular Vehicles & Services will hold a meeting of the Board of Directors of the Company on 10 February 2026.

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Popular Vehicles & Services announced that Imperion Cars  (a 100% subsidiary of our wholly-owned subsidiary - Popular Mega Motors (India)) has received three Letter of Intent (LOIs) from AUDI India for retail operations across Telangana and Andhra Pradesh.

The LOIs enables the company to take over the business of existing AUDI dealer in these states. This marks the commencement of a new dealer relationship with AUDI, the premium luxury automobile brand. Under this association, PVSL will represent AUDI through its facilities in Hyderabad (Telangana), Visakhapatnam and Vijayawada (Andhra Pradesh), providing access to AUDI's range of luxury vehicles along with comprehensive sales and after-sales services in line with the brand's global standards.

This development represents an important milestone in the company's growth strategy and a strategic expansion of its luxury portfolio, building on its existing presence through Jaguar Land Rover.

The Company will establish a total of 5 AUDI touchpoints, comprising a showroom and service centre in Hyderabad, a showroom and service centre in Visakhapatnam, and a service centre in Vijayawada.

The Hyderabad facility further reinforces the company's recent expansion in the state of Telangana, while the establishments in Visakhapatnam and Vijayawada mark the company's entry into the state of Andhra Pradesh. The company will have an exclusive AUDI presence in both Visakhapatnam and Vijayawada, strengthening its position in these key, high-growth markets.

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Net profit of Popular Vehicles & Services declined 92.47% to Rs 0.57 crore in the quarter ended September 2025 as against Rs 7.57 crore during the previous quarter ended September 2024. Sales rose 1.17% to Rs 1530.38 crore in the quarter ended September 2025 as against Rs 1512.75 crore during the previous quarter ended September 2024.

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