Popular Vehicles And Services Limited

Popular Vehicles And Services Limited - automotive in Ernakulam, Kerala, India. FY 2026 financials and compliance.
CIN L50102KL1983PLC003741 Incorporated 05 July 1983 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Listed Public Limited Company automotive
Data last updated
Revenue · FY 2026
₹6,381.1 Cr
▲ 15.16% YoY
EBITDA · FY 2026
₹203.39 Cr
▲ 15.96% YoY
Net profit · FY 2026
-₹12.47 Cr
▼ 19.22% YoY
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹14.24 Cr
Issued & subscribed
Open charges
₹660.72 Cr
Satisfied ₹547.54 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
4,907
Latest available

About Popular Vehicles And Services Limited

Data last updated: 09 January 2026

Popular Vehicles And Services Limited is a public limited company based in Ernakulam, Kerala, India. It specialises in automobile dealership and trading, a part of the broader automotive sector. Incorporated on 05 July 1983, the company has been in operation for over 43 years.

Registered with ROC Ernakulam under CIN L50102KL1983PLC003741. Listed.

Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.24 Cr. Formerly known as Popular Vehicles and Services Ltd and Popular Vehicles and Services Pvt Limited. It is led by directors including George Joseph and Neeraj Jain.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Kuttukaran Centremamangalam Cochin, Ernakulam, Kerala, India – 682025.

As per the financials filed for FY 2025, the company reported a revenue of ₹5,561.59 Cr, a decline of 2% compared to the previous year.

The company has a workforce of approximately 4,907 employees as per the latest available data. Its group structure includes 8 subsidiaries.

The company is associated with 2 brands - Popular Maruti, Popular Vehicles & Services. As per MCA filings, the company has open charges of ₹660.72 Cr and satisfied charges of ₹547.54 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website popularmaruti.com.

Company Details of Popular Vehicles And Services Limited
CIN L50102KL1983PLC003741
Registration Number 003741
Incorporation Date 05 July 1983
ROC Ernakulam
Listing Status Listed
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Raj Narayan Ceo Naveen Philip Managing Director John Kuttukaran Paul Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    popularmaruti.com
  • Social Media
  • Apps
  • Registered Address
    Kuttukaran Centremamangalam Cochin, Ernakulam, Kerala, India – 682025
  • Industry
    Automotive, Auto Dealership & Trading
Company report
Popular Vehicles And Services Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Popular Vehicles And Services Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Popular Vehicles And Services Limited

Popular Vehicles And Services Limited has undergone 3 name changes throughout its history. The company was previously known as Popular Vehicles And Services Ltd, Popular Vehicles And Services Pvt Limited, and Popular Vehicles And Services Private Limited. The current legal name is Popular Vehicles And Services Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Popular Vehicles And Services Limited Current
Popular Vehicles And Services Ltd Previous
Popular Vehicles And Services Pvt Limited Previous
Popular Vehicles And Services Private Limited Previous

CIN History of Popular Vehicles And Services Limited

Popular Vehicles And Services Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L50102KL1983PLC003741, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L50102KL1983PLC003741 Current
U50102KL1983PTC003741 Previous
U50102KL1983PLC003741 Previous

Associated Brands with Popular Vehicles And Services Limited

Popular Vehicles And Services Limited operates two associated brands: Popular Maruti and Popular Vehicles & Services. These brands represent Popular Vehicles And Services Limited's diversified market presence and brand portfolio.

Brand Description Website
Popular Vehicles & Services
Car dealership group popularmaruti.com
Popular Maruti
Automotive dealership and services in India. popularv.com

Competitors & Alternatives of Popular Vehicles And Services Limited

Brands and companies operating in the same space as Popular Vehicles And Services Limited include CarWale, CarDekho, Droom and 5 more.

Competitor Description Location Founded
CarWale CarWale Second-hand cars are listed online to connect buyers and sellers. Mumbai, India, India 2003
CarDekho CarDekho Retailer of new automobiles, used vehicles, and related automotive news Jaipur, India, India 2008
Droom Droom Used vehicles are bought and sold through an AI platform. Gurugram, India, India 2014
COYOTE COYOTE Integrated solutions for fleet management and vehicle tracking Suresnes, France, France 2005
ZigWheels ZigWheels Online portal to find new and used car deals Jaipur, India, India 2008
Carnation Carnation Online listing portal to buy new and used cars along with car service Noida, India, India 2008
Pendragon Pendragon Car dealership, repair, and leasing services are provided. Nottingham, United Kingdom, United Kingdom 1989
SAMIL SAMIL App-based bidding for used vehicles and equipment is enabled. Delhi, India, India 2011

Business Activity of Popular Vehicles And Services Limited

Popular Vehicles And Services Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G2 Retail Trading *********

Auditor Details of Popular Vehicles And Services Limited

Popular Vehicles And Services Limited is audited by BSR & ASSOCIATES LLP (ICAI peer reviewed, certificate valid till 2028-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
BSR & ASSOCIATES LLP (ICAI peer reviewed, certificate valid till 2028-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Popular Vehicles And Services Limited

Popular Vehicles And Services Limited is currently managed by 14 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
George Joseph
Also directs: Popular Vehicles And Services Limited, Prabal Motors Private Limited, Muthoot Finance Limited and 1 more
Director 11 Jul 2024 1 Years 11 Months Current
Neeraj Jain
Also directs: Popular Vehicles And Services Limited, Radiowalla Network Limited, Gromax Agri Equipment Limited and 3 more
Director 29 Sep 2025 0 Years 9 Months Current
Varun Thazhathu Veedu
Also directs: Popular Vehicles And Services Limited, Popular Autoworks Private Limited
Nodal Officer 27 Nov 2024 1 Years 7 Months Current
John Kuttukaran Paul
Also directs: Kuttukaran Homes Llp, Kuttukaran Mobility Services Llp, Popular Vehicles And Services Limited and 5 more
Whole-Time Director 01 Apr 2006 20 Years 3 Months Current
Preeti Reddy
Also directs: Popular Vehicles And Services Limited, Jsw Cement Limited, Icici Lombard General Insurance Company Limited and 2 more
Director 16 Jan 2019 7 Years 5 Months Current
Jacob Kurian
Also directs: Popular Vehicles And Services Limited, Popular Mega Motors (India) Private Limited
Director 16 Jan 2019 7 Years 5 Months Current
Showing 6 of 14 current directors. View all directors

Financials of Popular Vehicles And Services Limited FY 2026 filings available

Popular Vehicles And Services Limited reported revenue of ₹6,381.1 Cr (up 15.16% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹6,381.1 Cr ▲ 15.16%
Profit · FY 2026
-₹12.47 Cr ▼ 19.22%
EBITDA · FY 2026
₹203.39 Cr ▲ 15.96%
Revenue₹ Cr · Consolidated02,5005,0007,500FY 2024: ₹5,616 Cr5,616FY 2024FY 2025: ₹5,541 Cr · -1.3% YoY5,541-1.3%FY 2025FY 2026: ₹6,381 Cr · +15.2% YoY6,381+15.2%FY 2026
Net Profit₹ Cr · Consolidated-50050100FY 2024: ₹76 Cr76.1FY 2024FY 2025: ₹10 Cr (loss) · -113.8% YoY-10.5FY 2025FY 2026: ₹12 Cr (loss) · -19.2% YoY-12.5FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year01,0002,000Q1'25: ₹1,291 Cr1,291Q1'25Q2'25: ₹1,513 Cr1,513Q2'25Q3'25: ₹1,365 Cr · -3.7% YoY1,365-3.7%Q3'25Q4'25: ₹1,372 Cr · +0.6% YoY1,372+0.6%Q4'25Q1'26: ₹1,311 Cr · +1.5% YoY1,311+1.5%Q1'26Q2'26: ₹1,530 Cr · +1.2% YoY1,530+1.2%Q2'26Q3'26: ₹1,785 Cr · +30.8% YoY1,785+30.8%Q3'26Q4'26: ₹1,754 Cr · +27.8% YoY1,754+27.8%Q4'26
Metrics FY 2026 FY 2025 FY 2024
Revenue from Operations ₹6,381.1 Cr ₹5,541.23 Cr ₹5,615.53 Cr
Other Income ₹19.99 Cr ₹20.36 Cr ₹31.15 Cr
Total Income ₹6,401.09 Cr ₹5,561.59 Cr ₹5,646.68 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹5,547.91 Cr ₹4,776.89 Cr ₹4,916.2 Cr
Changes in Inventories -₹7.81 Cr -₹16.69 Cr -₹157.92 Cr
Employee Benefit Expense ₹413.9 Cr ₹387.08 Cr ₹366.46 Cr
Finance Costs ₹103.29 Cr ₹85.57 Cr ₹98.02 Cr
Depreciation & Amortisation ₹127.35 Cr ₹98.79 Cr ₹91.93 Cr
Other Expenses ₹243.69 Cr ₹238.9 Cr ₹235.88 Cr
Total Expenses ₹6,428.33 Cr ₹5,570.54 Cr ₹5,550.57 Cr
Profit Before Exceptional Items & Tax -₹27.24 Cr -₹8.95 Cr ₹96.11 Cr
Exceptional Items ₹13.94 Cr ₹0 ₹1.61 Cr
Profit Before Tax -₹13.3 Cr -₹8.95 Cr ₹97.72 Cr
Total Tax Expense -₹82.6 Lakh ₹1.52 Cr ₹21.64 Cr
Net Profit -₹12.47 Cr -₹10.46 Cr ₹76.08 Cr
  attributable to Owners -₹12.77 Cr -₹10.46 Cr ₹76.08 Cr
  attributable to NCI ₹0 ₹0 ₹0
Other Comprehensive Income ₹1.54 Cr -₹60.6 Lakh ₹1.84 Cr
Total Comprehensive Income -₹10.94 Cr -₹11.07 Cr ₹77.91 Cr
EBITDA (computed) ₹203.39 Cr ₹175.41 Cr ₹286.07 Cr
Basic EPS ₹-1.75 ₹-1.47 ₹12.05
Diluted EPS ₹-1.75 ₹-1.47 ₹12.05
Metrics FY 2026 FY 2025 FY 2024
Total Assets ₹2,383.27 Cr ₹1,904.56 Cr ₹1,956.64 Cr
Non-current Assets ₹1,294.56 Cr ₹858.93 Cr ₹860.45 Cr
Current Assets ₹1,088.72 Cr ₹939.28 Cr ₹1,096.19 Cr
Property, Plant & Equipment ₹444.46 Cr ₹699.21 Cr ₹328.78 Cr
Inventories ₹617.37 Cr ₹580.39 Cr ₹592.87 Cr
Trade Receivables ₹259.37 Cr ₹222.95 Cr ₹296.92 Cr
Cash & Equivalents ₹66.06 Cr ₹24.46 Cr ₹54.95 Cr
Equity (Net Worth) ₹627.84 Cr ₹638.77 Cr ₹653.16 Cr
Equity Share Capital ₹14.24 Cr ₹14.24 Cr ₹14.24 Cr
Borrowings (Non-current) ₹47.52 Cr ₹1.83 Cr ₹13.39 Cr
Borrowings (Current) ₹648.55 Cr ₹421.32 Cr ₹431.24 Cr
Total Debt (computed) ₹696.07 Cr ₹423.15 Cr ₹444.64 Cr
Current Liabilities ₹1,048.25 Cr ₹732.61 Cr ₹812.88 Cr
Total Liabilities ₹1,755.44 Cr ₹1,265.79 Cr ₹1,303.49 Cr
Metrics FY 2026 FY 2025 FY 2024
Operating Cash Flow ₹100.18 Cr ₹150.8 Cr ₹79.93 Cr
Investing Cash Flow -₹145.63 Cr -₹39.35 Cr -₹88.19 Cr
Financing Cash Flow ₹87.05 Cr -₹141.94 Cr ₹39.39 Cr
Capital Expenditure ₹101.55 Cr ₹52.96 Cr ₹79.64 Cr
Free Cash Flow (computed) -₹1.38 Cr ₹97.85 Cr ₹28.6 Lakh
Dividends Paid ₹0 ₹3.56 Cr ₹0
Net Change in Cash ₹41.59 Cr -₹30.49 Cr ₹31.13 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24
Revenue from Operations ₹1,754.45 Cr ₹1,785.36 Cr ₹1,530.38 Cr ₹1,310.9 Cr ₹1,372.36 Cr ₹1,364.67 Cr ₹1,512.75 Cr ₹1,291.45 Cr ₹1,363.71 Cr ₹1,416.82 Cr
Other Income ₹4.32 Cr ₹6.43 Cr ₹4.18 Cr ₹5.07 Cr ₹3.88 Cr ₹3.94 Cr ₹5.56 Cr ₹6.99 Cr ₹8.3 Cr ₹9.65 Cr
Total Income ₹1,758.77 Cr ₹1,791.8 Cr ₹1,534.56 Cr ₹1,315.96 Cr ₹1,376.24 Cr ₹1,368.61 Cr ₹1,518.3 Cr ₹1,298.44 Cr ₹1,372.01 Cr ₹1,426.46 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹1,593.83 Cr ₹1,408.65 Cr ₹1,397.8 Cr ₹1,147.64 Cr ₹1,219.61 Cr ₹1,039.05 Cr ₹1,343.03 Cr ₹1,175.21 Cr ₹1,227.69 Cr ₹1,047.24 Cr
Changes in Inventories -₹61.64 Cr ₹154.9 Cr -₹77.75 Cr -₹23.32 Cr -₹32.93 Cr ₹137.27 Cr -₹41.34 Cr -₹79.69 Cr -₹77.49 Cr ₹159.25 Cr
Employee Benefit Expense ₹108.12 Cr ₹106.47 Cr ₹100.32 Cr ₹99 Cr ₹97.37 Cr ₹97.85 Cr ₹96.22 Cr ₹95.65 Cr ₹91 Cr ₹89.58 Cr
Finance Costs ₹27.22 Cr ₹27.8 Cr ₹25.67 Cr ₹22.59 Cr ₹20.58 Cr ₹22.78 Cr ₹22.26 Cr ₹19.96 Cr ₹22.91 Cr ₹27.5 Cr
Depreciation & Amortisation ₹37.73 Cr ₹35.43 Cr ₹27.38 Cr ₹26.81 Cr ₹25.33 Cr ₹24.68 Cr ₹25.07 Cr ₹23.72 Cr ₹24.22 Cr ₹23.29 Cr
Other Expenses ₹61.01 Cr ₹63.55 Cr ₹64.77 Cr ₹54.36 Cr ₹62.5 Cr ₹59.87 Cr ₹61.22 Cr ₹55.3 Cr ₹59.81 Cr ₹59.63 Cr
Total Expenses ₹1,766.27 Cr ₹1,796.79 Cr ₹1,538.18 Cr ₹1,327.08 Cr ₹1,392.45 Cr ₹1,381.5 Cr ₹1,506.45 Cr ₹1,290.15 Cr ₹1,348.15 Cr ₹1,406.49 Cr
Profit Before Exceptional Items & Tax -₹7.5 Cr -₹5 Cr -₹3.63 Cr -₹11.11 Cr -₹16.21 Cr -₹12.89 Cr ₹11.86 Cr ₹8.29 Cr ₹23.86 Cr ₹19.98 Cr
Exceptional Items ₹29.2 Lakh -₹1.64 Cr ₹15.29 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹7.21 Cr -₹6.64 Cr ₹11.66 Cr -₹11.11 Cr -₹16.21 Cr -₹12.89 Cr ₹11.86 Cr ₹8.29 Cr ₹23.86 Cr ₹19.98 Cr
Total Tax Expense -₹2.26 Cr -₹7.31 Cr ₹11.09 Cr -₹2.35 Cr -₹2.49 Cr -₹3.13 Cr ₹4.29 Cr ₹2.84 Cr ₹3.75 Cr ₹4.05 Cr
Net Profit -₹4.96 Cr ₹67.2 Lakh ₹57.1 Lakh -₹8.76 Cr -₹13.72 Cr -₹9.76 Cr ₹7.57 Cr ₹5.45 Cr ₹20.11 Cr ₹15.92 Cr
  attributable to Owners -₹4.96 Cr ₹67.2 Lakh ₹57.1 Lakh -₹8.76 Cr -₹13.72 Cr - ₹7.57 Cr ₹5.45 Cr ₹20.11 Cr ₹15.92 Cr
  attributable to NCI ₹0 - ₹0 ₹0 ₹0 - ₹0 ₹0 ₹0 ₹0
Other Comprehensive Income ₹1.23 Cr ₹29.6 Lakh ₹35 Lakh -₹33.5 Lakh -₹15.3 Lakh ₹54.3 Lakh -₹65.4 Lakh -₹34.2 Lakh ₹4.1 Lakh ₹67.26 Lakh
Total Comprehensive Income -₹3.73 Cr ₹96.8 Lakh ₹92.1 Lakh -₹9.1 Cr -₹13.87 Cr -₹9.22 Cr ₹6.91 Cr ₹5.11 Cr ₹20.15 Cr ₹16.6 Cr
EBITDA (computed) ₹57.45 Cr ₹58.23 Cr ₹49.42 Cr ₹38.29 Cr ₹29.69 Cr ₹34.57 Cr ₹59.18 Cr ₹51.97 Cr ₹70.99 Cr ₹70.77 Cr
Basic EPS ₹-0.70 ₹0.09 ₹0.08 ₹-1.23 ₹-1.93 ₹-1.37 ₹1.06 ₹0.77 ₹3.13 ₹2.54
Diluted EPS ₹-0.70 ₹0.09 ₹0.08 ₹-1.23 ₹-1.93 ₹-1.37 ₹1.06 ₹0.77 ₹3.13 ₹2.54
Latest 10 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Passenger cars (excluding Luxury vehicles) ₹729.46 Cr -₹5.47 Cr ₹1,327.51 Cr ₹1,079.61 Cr
Luxury vehicles ₹163.51 Cr ₹7.37 Cr ₹272.85 Cr ₹189.36 Cr
Commercial vehicles ₹742.02 Cr ₹19.56 Cr ₹615.43 Cr ₹379.07 Cr
Others ₹119.46 Cr -₹1.1 Cr ₹167.49 Cr ₹107.39 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Passenger cars (excluding Luxury vehicles) ₹2,948.25 Cr ₹1.49 Cr - -
Luxury vehicles ₹543.91 Cr ₹24.62 Cr - -
Commercial vehicles ₹2,477.37 Cr ₹56.29 Cr - -
Others ₹411.57 Cr -₹3.81 Cr - -
Metrics FY 2026 FY 2025 FY 2024
Revenue from Operations ₹2,849.29 Cr ₹2,576.9 Cr ₹2,643.82 Cr
Other Income ₹19.07 Cr ₹23.65 Cr ₹17.77 Cr
Total Income ₹2,868.35 Cr ₹2,600.55 Cr ₹2,661.6 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹2,336.41 Cr ₹2,173.41 Cr ₹2,243.76 Cr
Changes in Inventories ₹57.19 Cr -₹22.09 Cr -₹95.97 Cr
Employee Benefit Expense ₹247.5 Cr ₹231.67 Cr ₹224.61 Cr
Finance Costs ₹67.68 Cr ₹50.91 Cr ₹55.25 Cr
Depreciation & Amortisation ₹78.32 Cr ₹52.83 Cr ₹48.5 Cr
Other Expenses ₹150.76 Cr ₹155.35 Cr ₹156.28 Cr
Total Expenses ₹2,937.86 Cr ₹2,642.08 Cr ₹2,632.42 Cr
Profit Before Exceptional Items & Tax -₹69.5 Cr -₹41.53 Cr ₹29.17 Cr
Exceptional Items ₹28.7 Lakh ₹0 ₹1.61 Cr
Profit Before Tax -₹69.22 Cr -₹41.53 Cr ₹30.78 Cr
Total Tax Expense -₹18.08 Cr -₹7.91 Cr ₹4.96 Cr
Net Profit -₹51.14 Cr -₹33.62 Cr ₹25.82 Cr
Other Comprehensive Income ₹1.35 Cr -₹49.4 Lakh ₹1.78 Cr
Total Comprehensive Income -₹49.79 Cr -₹34.11 Cr ₹27.6 Cr
EBITDA (computed) ₹76.49 Cr ₹62.21 Cr ₹132.93 Cr
Basic EPS ₹-7.18 ₹-4.72 ₹4.09
Diluted EPS ₹-7.18 ₹-4.72 ₹4.09
Metrics FY 2026 FY 2025 FY 2024
Total Assets ₹1,485.01 Cr ₹1,231.44 Cr ₹1,222.97 Cr
Non-current Assets ₹1,011.21 Cr ₹744.07 Cr ₹716.23 Cr
Current Assets ₹473.8 Cr ₹486.53 Cr ₹506.74 Cr
Property, Plant & Equipment ₹320 Cr ₹460.96 Cr ₹197.33 Cr
Inventories ₹257.26 Cr ₹314.45 Cr ₹292.36 Cr
Trade Receivables ₹83.15 Cr ₹69.43 Cr ₹89.44 Cr
Cash & Equivalents ₹40.22 Cr ₹8.56 Cr ₹31.87 Cr
Equity (Net Worth) ₹405.21 Cr ₹455 Cr ₹492.43 Cr
Equity Share Capital ₹14.24 Cr ₹14.24 Cr ₹14.24 Cr
Borrowings (Non-current) ₹35.07 Cr ₹9.4 Lakh ₹4.07 Cr
Borrowings (Current) ₹362.83 Cr ₹271.86 Cr ₹166.97 Cr
Total Debt (computed) ₹397.9 Cr ₹271.95 Cr ₹171.03 Cr
Current Liabilities ₹595.86 Cr ₹459.13 Cr ₹428.07 Cr
Total Liabilities ₹1,079.8 Cr ₹776.44 Cr ₹730.54 Cr
Metrics FY 2026 FY 2025 FY 2024
Operating Cash Flow ₹93.28 Cr -₹38.65 Cr ₹114.68 Cr
Investing Cash Flow -₹97.12 Cr -₹12.16 Cr -₹175.71 Cr
Financing Cash Flow ₹35.5 Cr ₹27.5 Cr ₹88.6 Cr
Capital Expenditure ₹58.25 Cr ₹34.13 Cr ₹52.99 Cr
Free Cash Flow (computed) ₹35.03 Cr -₹72.77 Cr ₹61.69 Cr
Dividends Paid ₹0 ₹3.56 Cr ₹0
Net Change in Cash ₹31.66 Cr -₹23.31 Cr ₹27.56 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24
Revenue from Operations ₹730.35 Cr ₹875.17 Cr ₹707.34 Cr ₹536.42 Cr ₹587.98 Cr ₹644.59 Cr ₹762.5 Cr ₹581.84 Cr ₹605.08 Cr ₹666.86 Cr
Other Income ₹5.23 Cr ₹4.19 Cr ₹4.72 Cr ₹4.93 Cr ₹3.57 Cr ₹5.03 Cr ₹8.7 Cr ₹6.36 Cr ₹5.11 Cr ₹6.55 Cr
Total Income ₹735.58 Cr ₹879.37 Cr ₹712.06 Cr ₹541.35 Cr ₹591.54 Cr ₹649.62 Cr ₹771.2 Cr ₹588.2 Cr ₹610.19 Cr ₹673.41 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹631 Cr ₹621.01 Cr ₹625.39 Cr ₹459.01 Cr ₹507.7 Cr ₹412.92 Cr ₹717.5 Cr ₹535.29 Cr ₹535.41 Cr ₹417.18 Cr
Changes in Inventories -₹18.14 Cr ₹127.17 Cr -₹33.73 Cr -₹18.1 Cr -₹14.15 Cr ₹128.43 Cr -₹73.4 Cr -₹62.97 Cr -₹51.64 Cr ₹126.92 Cr
Employee Benefit Expense ₹66.33 Cr ₹66.16 Cr ₹56.96 Cr ₹58.06 Cr ₹58.22 Cr ₹59.84 Cr ₹56.28 Cr ₹57.33 Cr ₹56.18 Cr ₹54.55 Cr
Finance Costs ₹17.88 Cr ₹18.38 Cr ₹16.8 Cr ₹14.63 Cr ₹12.22 Cr ₹14.18 Cr ₹13.21 Cr ₹11.3 Cr ₹12.38 Cr ₹16.01 Cr
Depreciation & Amortisation ₹24.02 Cr ₹24.21 Cr ₹15.35 Cr ₹14.74 Cr ₹13.8 Cr ₹13.08 Cr ₹13.07 Cr ₹12.89 Cr ₹12.45 Cr ₹12.49 Cr
Other Expenses ₹37.85 Cr ₹38.23 Cr ₹41.66 Cr ₹33.02 Cr ₹41.13 Cr ₹39.19 Cr ₹40.25 Cr ₹34.78 Cr ₹37.82 Cr ₹40.95 Cr
Total Expenses ₹758.92 Cr ₹895.15 Cr ₹722.42 Cr ₹561.35 Cr ₹618.92 Cr ₹667.63 Cr ₹766.91 Cr ₹588.62 Cr ₹602.6 Cr ₹668.1 Cr
Profit Before Exceptional Items & Tax -₹23.35 Cr -₹15.79 Cr -₹10.36 Cr -₹20.01 Cr -₹27.37 Cr -₹18.02 Cr ₹4.29 Cr -₹42.6 Lakh ₹7.59 Cr ₹5.31 Cr
Exceptional Items ₹0 -₹87 Lakh ₹1.16 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹23.35 Cr -₹16.66 Cr -₹9.21 Cr -₹20.01 Cr -₹27.37 Cr -₹18.02 Cr ₹4.29 Cr -₹42.6 Lakh ₹7.59 Cr ₹5.31 Cr
Total Tax Expense -₹6.6 Cr -₹4.36 Cr -₹2.21 Cr -₹4.92 Cr -₹4.32 Cr -₹4.58 Cr ₹1.05 Cr -₹6 Lakh -₹9.3 Lakh ₹1.24 Cr
Net Profit -₹16.75 Cr -₹12.3 Cr -₹7 Cr -₹15.09 Cr -₹23.06 Cr -₹13.43 Cr ₹3.24 Cr -₹36.6 Lakh ₹7.68 Cr ₹4.07 Cr
Other Comprehensive Income ₹99.1 Lakh ₹13.8 Lakh ₹39 Lakh -₹17.4 Lakh -₹14.9 Lakh ₹39.6 Lakh -₹21.9 Lakh -₹52.2 Lakh ₹19.9 Lakh ₹32 Lakh
Total Comprehensive Income -₹15.76 Cr -₹12.16 Cr -₹6.61 Cr -₹15.26 Cr -₹23.21 Cr -₹13.04 Cr ₹3.02 Cr -₹88.8 Lakh ₹7.88 Cr ₹4.39 Cr
EBITDA (computed) ₹18.55 Cr ₹26.8 Cr ₹21.79 Cr ₹9.36 Cr -₹1.36 Cr ₹9.25 Cr ₹30.57 Cr ₹23.76 Cr ₹32.42 Cr ₹33.81 Cr
Basic EPS ₹-2.35 ₹-1.73 ₹-0.98 ₹-2.12 ₹-3.24 ₹-1.89 ₹0.45 ₹-0.05 ₹1.19 ₹0.65
Diluted EPS ₹-2.35 ₹-1.73 ₹-0.98 ₹-2.12 ₹-3.24 ₹-1.89 ₹0.45 ₹-0.05 ₹1.19 ₹0.65
Latest 10 quarters shown.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Popular Vehicles And Services Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Shareholding Pattern of Popular Vehicles And Services Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 61.36%, foreign institutional investors hold 10.32%, domestic institutional investors hold 10.01%, retail and other public shareholders hold 18.32% of Popular Vehicles And Services Limited. The company had 57,769 shareholders on record.

Promoters: 61.36%DII (Domestic Institutional): 10.01%FII (Foreign Institutional): 10.32%Retail & Others: 18.32%
Mar 2026
QUARTER
61.36% Promoters
10.01% DII (Domestic Institutional)
10.32% FII (Foreign Institutional)
18.32% Retail & Others
Promoter holding - history
Now 61.36% · Mar 2026High 61.36% · Mar 2026Low 61.18% · Mar 2024
60%60.8%61.5%62.3%63%Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Mar 2024: 61.18%Jun 2024: 61.18%Sep 2024: 61.18%Dec 2024: 61.18%Mar 2025: 61.18%Jun 2025: 61.18%Sep 2025: 61.18%Dec 2025: 61.18%Mar 2026: 61.36%61.18%61.36%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters61.36%61.18%61.18%61.18%61.18%61.18%
Public38.64%38.82%38.82%38.82%38.82%38.82%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters61.36%61.18%61.18%
Public38.64%38.82%38.82%
Promoter change (YoY, %pts)+0.18+0.00-

Board & Governance of Popular Vehicles And Services Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Popular Vehicles And Services Limited has 8 directors - 5 independent and 3 executive. The board is chaired by Jacob Kurian.

DirectorPositionOn board sinceListed boards
Jacob Kurian Non-Executive - Independent Director · Chairperson 2019-01-16 1
Preeti Reddy Non-Executive - Independent Director 2019-01-16 4
George Joseph Non-Executive - Independent Director 2021-07-01 2
Neeraj Jain Non-Executive - Independent Director 2025-09-29 2
Murali Narayanan Chinnasamy Non-Executive - Independent Director 2025-12-29 1
John Kuttukaran Paul Executive Director 1983-06-28 1
Francis Kuttukaran Paul Executive Director 1983-06-28 1
Naveen Philip Executive Director 2018-04-01 1
Board Committees
CommitteeMembers
Audit Committee George Joseph (Chairperson), Neeraj Jain, Jacob Kurian, Preeti Reddy
Nomination and remuneration committee Preeti Reddy (Chairperson), Jacob Kurian, Neeraj Jain
Stakeholders Relationship Committee George Joseph (Chairperson), Preeti Reddy, Naveen Philip, John Kuttukaran Paul, Murali Narayanan Chinnasamy
Risk Management Committee Neeraj Jain (Chairperson), Naveen Philip, George Joseph, Murali Narayanan Chinnasamy
Corporate Social Responsibility Committee Francis Kuttukaran Paul (Chairperson), Jacob Kurian, Naveen Philip

Group Structure of Popular Vehicles And Services Limited

Popular Vehicles And Services Limited has 8 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Popular Vehicles And Services Limited's business expansion strategy and organizational complexity.

8
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Popular Mega Motors (India) Private Limited U31103KL1997PTC011748 -
Vision Motors Private Limited U34100KL2008PTC022049 -
Popular Autoworks Private Limited U34100KL2009PTC024318 -
Kuttukaran Cars Private Limited U34100KL2011PTC029542 -
Popular Auto Dealers Private Limited U50101KL2005PTC018670 -
Prabal Motors Private Limited U50101KL2006PTC019140 -

Showing major subsidiaries. Total: 8.

Charges & Borrowings of Popular Vehicles And Services Limited

Open charges
₹660.72 Cr
Satisfied charges
₹547.54 Cr
Breakdown by lending institutions
Others₹371.89 Cr
State Bank of India₹160.00 Cr
Axis Bank Limited₹51.00 Cr
The South Indian Bank Limited₹32.83 Cr
Idbi Bank Limited₹25.00 Cr
Others₹20.00 Cr
Latest charge details
DateLenderAmountStatus
18 Dec 2025 Others ₹21 Lakh Open
25 Nov 2025 Others ₹53.71 Lakh Open
25 Nov 2025 Others ₹45.32 Lakh Open
24 Nov 2025 Others ₹43.42 Lakh Open
24 Nov 2025 Others ₹1.99 Cr Open

Total charge records: 240 View all charges

Employees and EPFO Compliance at Popular Vehicles And Services Limited

Popular Vehicles And Services Limited has a workforce of 4,907 employees as of Apr 07, 2024.

Employee count
4,907
Active EPFO establishments
1
Employee growth
13.12%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Popular Vehicles And Services Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Popular Vehicles And Services Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Popular Vehicles And Services Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Popular Vehicles And Services Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Popular Vehicles And Services Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Popular Vehicles And Services Limited

MSME Payment Delays by Popular Vehicles And Services Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Popular Vehicles And Services Limited

Subsidiaries & Group Companies of Popular Vehicles And Services Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Popular Vehicles And Services Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Popular Vehicles And Services Limited

MCA Filings & Documents of Popular Vehicles And Services Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Popular Vehicles And Services Limited

Charges
18 Dec 2025
A charge with Others amounted to Rs. 0.21 Cr with Charge ID 101206575 was registered on 18 Dec 2025.
Charges
11 Dec 2025
A charge registered on 31 Aug 2023 via Charge ID 100785714 with Others was fully satisfied on 11 Dec 2025.
Charges
08 Dec 2025
A charge with Others of Rs. 45.00 Cr registered on 28 Sep 2023 with Charge ID 100798950 was modified on 08 Dec 2025.
Charges
27 Nov 2025
A charge with State Bank Of India of Rs. 160.00 Cr registered on 13 Dec 2003 with Charge ID 90020952 was modified on 27 Nov 2025.
Charges
26 Nov 2025
A charge registered on 31 Aug 2023 via Charge ID 100785699 with Others was fully satisfied on 26 Nov 2025.
Charges
26 Nov 2025
A charge registered on 31 Aug 2023 via Charge ID 100785704 with Others was fully satisfied on 26 Nov 2025.

Recent News on Popular Vehicles And Services Limited

Frequently Asked Questions about Popular Vehicles And Services Limited

Popular Vehicles And Services Limited is an active public limited company in the automotive sector based in Ernakulam, Kerala, India. It was incorporated on 05 July 1983 (43+ years old) and is registered under CIN L50102KL1983PLC003741. The company has 4,907 employees.

Popular Vehicles And Services Limited reported revenue of ₹5,561.59 Cr for FY 2025 (down 2.00% YoY).

The current directors of Popular Vehicles And Services Limited are:

The primary industry of Popular Vehicles And Services Limited is automotive. The company specifically operates in auto dealership and trading. The company is currently active in this sector.

Yes, Popular Vehicles And Services Limited is a listed company.

Popular Vehicles And Services Limited can be reached at the registered office: Kuttukaran Centremamangalam Cochin, Ernakulam, Kerala, India – 682025, or through the website popularmaruti.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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