Concalls & earnings callsPopular Vehicles and Services Limited

Every summarised call, newest first. Latest is Q1 FY27, held 12 Aug 2026.

Latest quarter

Q1 FY27 snapshot

Q1 FY27 showed strong revenue growth driven by both acquired businesses scaling up and organic growth across segments, with improved demand and a focus on converting scale into sustainable profitability.

Metric	This quarter	Change
Revenue from Operations	₹1,890 Cr	44% Y-o-Y
Reported EBITDA	₹71.5 Cr	86.6% Y-o-Y
EBITDA Margin	3.8%	0.9 p.p.
Reported PBT	₹1.9 Cr	Positive vs loss of ₹11 Cr

Latest guidance

Acquired businesses expected to achieve sustainable profitability at PAT level from Q2/Q3 onwards.
Blended EBITDA margin for the year expected around 4.3-4.4% (lower than earlier 5% target due to higher CV mix).
Revenue growth target of ~20-25% for FY27 (from ~INR 6,400 Cr to ~INR 8,200-8,300 Cr).
Service volume growth expected at 6-7% from Q2 onwards.
Demand environment remains encouraging for the festive period.

Said on the Q1 FY27 call.

Filed results

Reported quarterly history

From filed quarterly results. YoY and QoQ compare each metric on the same accounting basis.

Quarter	Revenue	Net profit (PAT)	Basic EPS
Q3 FY25	₹1,364.67 Cr-3.7% YoY-9.8% QoQ	₹-9.76 CrTurned loss-making YoYTurned loss-making QoQ	₹-1.37Turned negative YoYTurned negative QoQ
Q2 FY25	₹1,512.75 Cr— YoY+17.1% QoQ	₹7.57 Cr— YoY+38.9% QoQ	₹1.06— YoY+37.7% QoQ
Q1 FY25	₹1,291.45 Cr— YoY-5.3% QoQ	₹5.45 Cr— YoY-72.9% QoQ	₹0.77— YoY-75.4% QoQ
Q4 FY24	₹1,363.71 Cr— YoY-3.7% QoQ	₹20.11 Cr— YoY+26.3% QoQ	₹3.13— YoY+23.2% QoQ
Q3 FY24	₹1,416.82 Cr— YoY— QoQ	₹15.92 Cr— YoY— QoQ	₹2.54— YoY— QoQ

Call history

12 Aug 2026
Q1 FY27Positive tone
Q1 FY27 showed strong revenue growth driven by both acquired businesses scaling up and organic growth across segments, with improved demand and a focus on converting scale into sustainable profitability.
Revenue from Operations
₹1,890 Cr44% Y-o-Y
Reported EBITDA
₹71.5 Cr86.6% Y-o-Y
AutomobilesVerified brief5 guidance items