| Metric | Value (₹ Cr) | vs Q3 FY25 |
|---|---|---|
| Revenue | 1.4K | 0.6% |
| Total Income | 1.4K | 0.6% |
| Expenditure | 1.4K | 0.8% |
| PBT | -16.21 | 25.8% |
| Net Profit | -13.72 | 40.5% |
| OPM | 1.88% | 6.59pp |
| NPM | -1.00% | 0.29pp |
| EPS | 1.93 | 240.9% |
Popular Vehicles & Services Ltd Reports FY25 Consolidated Results with Revenue Down 1.5%
29 May 2025 · 29 May 2025, 11:23 pm
Summary
Popular Vehicles & Services Ltd, a leading fully integrated automotive dealership player in India, has reported its audited financial results for the quarter & full year ended 31° March 2025. The company's total income stood at Rs. 5,561.6 Crs, down 1.5% on Y-o-Y basis. EBITDA stood at Rs. 175.4 Crs with margins at 3.2%. PBT stood at Rs. -8.9 Crs.
Key Highlights
- 1
Segment-wise breakup: New Vehicles FY25 FY24 Y-o-Y Volume (Units) FY25 FY24 Y-o-Y Average Selling Price (INR)
- 2
Services & Repairs Business FY25 FY24 Y-o-Y Volume (Units) 10,42,298 | 10,53,545 Average Selling Price (INR) 8,575 8,213
- 3
Spare Parts Business FY25 FY24 Y-o-Y Volume (Units) 1,65,754 1,62,432
- 4
Revenue from operations (INR Crs) FY25 FY24 Y-o-Y PVs (incl. luxury) 3,306.6
- 5
Business Highlights: Muted consumer sentiment, a challenging macroeconomic environment, and subdued festive season sales compelled the company to offer discounts nearly twice as high as those in the previous year.
- 6
Capex -— Rs 54.6 crores for FY25 towards network expansion & maintenance
- 7
Divestment of 100% Equity stake/ investment held in its wholly owned step-down subsidiary Vision Motors Private Limited (Honda) and the wholly owned subsidiary Kuttukaran Green Private Limited (Paggio).
- 8
Network Expansion: Maharashtra, Kerala, Tamil Nadu, Karnataka
- 9
Credit Ratings Update: CRISIL Ratings Limited have Re-affirmed the rating awarded to the Company as the long-term rating at CRISIL A/Stable and the short-term rating at CRISIL A1 on the outstanding Rs 468 Crore bank loan facilities of the company.
- 10
Awards & Recognition: Popular Autoworks Pvt Ltd, operating under the ‘Marqland’ brand, has been honored with the ‘Certificate of Excellence’ at the prestigious ET Business Awards 2025 for Business Excellence.
Management Comments
Mr. Naveen Philip
Promoter and MD, Popular Vehicles and Services Limited
We are pleased to announce that the Board of Directors has approved the divestment of two of our subsidiaries for a total consideration of 70 crores... FY25 has, in many ways, been a year of introspection, realignment, and foundational reset... With a renewed strategic focus on luxury, electric mobility, and service-led growth—alongside tighter operational discipline —we are optimistic about delivering stronger performance and generating greater value for all stakeholders in the year ahead.
Informational and educational content only. Not investment advice.