Popular Vehicles & Services Ltd
Incorporated in 1983, Popular Vehicles and Services Limited is engaged in the business of automobile dealerships in India.[1]
- Market Cap ₹ 1,490 Cr.
- Current Price ₹ 209
- High / Low ₹ 297 / 199
- Stock P/E 55.1
- Book Value ₹ 69.2
- Dividend Yield 0.24 %
- ROCE 9.85 %
- ROE 6.07 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 3.03 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 7.58% over last 3 years.
- Dividend payout has been low at 4.60% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
2,253 | 1,839 | 1,692 | 1,866 | 2,514 | 2,644 | 2,664 | |
2,210 | 1,782 | 1,607 | 1,783 | 2,394 | 2,527 | 2,551 | |
Operating Profit | 43 | 57 | 84 | 82 | 119 | 117 | 113 |
OPM % | 2% | 3% | 5% | 4% | 5% | 4% | 4% |
13 | 32 | 12 | 12 | 10 | 19 | 21 | |
Interest | 21 | 43 | 35 | 39 | 45 | 57 | 55 |
Depreciation | 16 | 36 | 39 | 42 | 46 | 48 | 50 |
Profit before tax | 19 | 10 | 22 | 14 | 39 | 31 | 30 |
Tax % | 35% | -38% | 29% | 49% | 25% | 16% | |
12 | 13 | 16 | 7 | 29 | 26 | 27 | |
EPS in Rs | 9.79 | 10.72 | 12.64 | 5.56 | 23.39 | 3.63 | 4.18 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 16% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 11% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 8% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 14 |
Reserves | 170 | 169 | 184 | 192 | 220 | 478 |
266 | 380 | 378 | 482 | 508 | 463 | |
138 | 215 | 133 | 138 | 115 | 270 | |
Total Liabilities | 587 | 777 | 707 | 824 | 856 | 1,225 |
132 | 285 | 288 | 385 | 387 | 427 | |
CWIP | 28 | 23 | 16 | 12 | 6 | 13 |
Investments | 50 | 70 | 62 | 62 | 93 | 111 |
377 | 398 | 341 | 365 | 371 | 674 | |
Total Assets | 587 | 777 | 707 | 824 | 856 | 1,225 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-73 | 147 | 75 | 27 | 86 | 115 | |
-37 | -28 | 2 | -27 | -57 | -176 | |
100 | -116 | -56 | -31 | -30 | 89 | |
Net Cash Flow | -9 | 3 | 21 | -30 | -1 | 28 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 20 | 10 | 19 | 13 | 12 | 12 |
Inventory Days | 34 | 52 | 38 | 48 | 35 | 50 |
Days Payable | 7 | 29 | 9 | 12 | 7 | 19 |
Cash Conversion Cycle | 46 | 33 | 47 | 49 | 40 | 44 |
Working Capital Days | 33 | 26 | 33 | 37 | 29 | 29 |
ROCE % | 5% | 10% | 8% | 12% | 10% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
2d - Popular Auto Dealers' credit ratings upgraded by India Ratings.
-
Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
27 Sep - Disclosure of action taken by Commercial Tax Officer.
- Closure of Trading Window 27 Sep
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 24 Sep
Concalls
-
Aug 2024Transcript PPT REC
-
Jun 2024Transcript PPT
Business Profile[1] Popular Vehicles and Services is an automobile dealer catering to the complete life cycle of vehicle ownership, from sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, facilitating sale and exchange of preowned vehicles and sale of third-party financial and insurance products, and operating driving schools.