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 ₹ 1,709 Cr.
- Current Price ₹ 240
- High / Low ₹ 297 / 199
- Stock P/E 22.8
- Book Value ₹ 91.7
- Dividend Yield 0.00 %
- ROCE 13.6 %
- ROE 15.0 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 28.7% CAGR over last 5 years
Cons
- Stock is trading at 2.66 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -4.61%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
3,902 | 3,172 | 2,894 | 3,466 | 4,875 | 5,616 | |
3,770 | 3,064 | 2,742 | 3,303 | 4,653 | 5,361 | |
Operating Profit | 132 | 108 | 152 | 163 | 222 | 255 |
OPM % | 3% | 3% | 5% | 5% | 5% | 5% |
14 | 35 | 26 | 18 | 17 | 33 | |
Interest | 66 | 74 | 58 | 64 | 74 | 98 |
Depreciation | 48 | 61 | 72 | 69 | 79 | 92 |
Profit before tax | 32 | 8 | 47 | 49 | 85 | 98 |
Tax % | 32% | -56% | 31% | 31% | 24% | 22% |
21 | 12 | 32 | 34 | 64 | 76 | |
EPS in Rs | 17.04 | 9.96 | 25.88 | 26.84 | 51.07 | 10.69 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 25% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 37% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 16% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 14 |
Reserves | 185 | 200 | 233 | 267 | 330 | 639 |
797 | 645 | 650 | 756 | 938 | 925 | |
219 | 276 | 230 | 232 | 229 | 378 | |
Total Liabilities | 1,214 | 1,134 | 1,126 | 1,268 | 1,510 | 1,957 |
406 | 472 | 464 | 564 | 671 | 734 | |
CWIP | 28 | 29 | 17 | 12 | 8 | 14 |
Investments | 2 | 11 | 5 | 6 | 6 | 28 |
778 | 622 | 640 | 685 | 825 | 1,180 | |
Total Assets | 1,214 | 1,134 | 1,126 | 1,268 | 1,510 | 1,957 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-47 | 339 | 95 | 70 | 109 | 80 | |
-50 | -28 | -7 | -41 | -80 | -88 | |
84 | -299 | -71 | -65 | -24 | 39 | |
Net Cash Flow | -13 | 13 | 18 | -37 | 5 | 31 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 25 | 13 | 20 | 19 | 17 | 19 |
Inventory Days | 39 | 40 | 48 | 46 | 39 | 45 |
Days Payable | 8 | 18 | 10 | 11 | 8 | 12 |
Cash Conversion Cycle | 55 | 34 | 58 | 54 | 48 | 53 |
Working Capital Days | 42 | 25 | 40 | 40 | 37 | 45 |
ROCE % | 6% | 11% | 12% | 13% |
Documents
Announcements
- Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 1d
-
Announcement under Regulation 30 (LODR)-Change in Management
29 Jun - Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding resignation of Mr. Raj Nandan, Head Sales- Kerala.
- Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 29 Jun
- Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015. 28 Jun
- Closure of Trading Window 28 Jun
Concalls
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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.