Popular Vehicles and Services balance sheet

As of Mar 2026

Total assets: ₹2,383cr+25.1% on Mar 2025
Shareholders' equity: ₹628cr−1.7% on Mar 2025
Total debt: ₹696cr+64.5% on Mar 2025
Cash and investments: ₹66.1cr+170.0% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024

Non-current assets
	444	699	329
	27.0	7.9	14.3
	13.3	11.5	11.5
	6.7	9.8	13.9
	0.5	0.7	0.4
	18.6	14.0	11.3
	687	40.0	423
	705	54.0	435
	52.3	29.8	18.7
	45.1	46.1	38.2
	1,295	859	860
Current assets
	617	580	593
	0.0	0.0	17.0
	259	223	297
	66.1	24.5	55.0
	7.3	6.6	5.6
	5.1	6.4	28.3
	338	260	403
	132	94.7	98.1
	1,089	939	1,096
	0.0	106	—
	2,383	1,905	1,957
Equity
	14.2	14.2	14.2
	614	625	639
	628	639	653
	628	639	653
Liabilities
	47.5	1.8	13.4
	654	460	—
	701	462	13.4
	5.9	5.8	6.1
	0.2	12.0	471
	707	479	491
	649	421	431
	102	82.7	154
	111	63.3	73.3
	862	567	659
	2.4	3.5	3.7
	0.0	0.0	0.0
	184	162	150
	1,048	733	813
	—	53.8	—
	1,755	1,266	1,303
	2,383	1,905	1,957
Assets — additional as-filed lines
	1.7	3.8	2.4
Trade payables — MSME split
	6.1	5.6	—
	96.1	77.1	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

PVSL₹91.10

Popular Vehicles and Services Limited

· Auto & Mobility

₹ CrorePeersLANDMARK COMPEAUMcap ₹649 Cr

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In ₹ Crore except Per Share As of	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	328.8	699.2	444.5	444.5
+ Capital Work-in-Progress	14.3	7.9	27.0	27.0
+ Goodwill	11.5	11.5	13.3	13.3
+ Other Intangibles	13.9	9.8	6.7	6.7
+ Intangibles under Development	0.4	0.7	0.5	0.5
+ Non-current Investments	11.3	14.0	18.6	18.6
+ Other Non-current Financial Assets	423.4	40.0	686.6	686.6
Non-current Financial Assets	434.7	54.0	705.3	705.3
+ Deferred Tax Assets	18.7	29.8	52.3	52.3
+ Other Non-current Assets	38.2	46.1	45.1	45.1
Total Non-current Assets	860.5	858.9	1,294.6	1,294.6
Current Assets
+ Inventories	592.9	580.4	617.4	617.4
+ Current Investments	17.0	0.0	0.0	0.0
+ Trade Receivables	296.9	223.0	259.4	259.4
+ Cash & Cash Equivalents	55.0	24.5	66.1	66.1
+ Other Bank Balances	5.6	6.6	7.3	7.3
+ Other Current Financial Assets	28.3	6.4	5.1	5.1
Current Financial Assets	402.9	260.4	337.8	337.8
+ Other Current Assets	98.1	94.7	131.8	131.8
Total Current Assets	1,096.2	939.3	1,088.7	1,088.7
+ Assets Held for Sale	—	106.3	0.0	0.0
Total Assets	1,956.6	1,904.6	2,383.3	2,383.3
Equity
+ Equity Share Capital	14.2	14.2	14.2	14.2
+ Other Equity / Reserves	638.9	624.5	613.6	613.6
Equity — Owners of Parent	653.2	638.8	627.8	627.8
Total Equity	653.2	638.8	627.8	627.8
Liabilities
+ Borrowings — Non-current	13.4	1.8	47.5	47.5
+ Other Non-current Financial Liab	—	459.8	653.6	653.6
Non-current Financial Liabilities	13.4	461.6	701.1	701.1
+ Provisions — Non-current	6.1	5.8	5.9	5.9
+ Other Non-current Liabilities	471.1	12.0	0.2	0.2
Non-current Liabilities	490.6	479.4	707.2	707.2
+ Borrowings — Current	431.2	421.3	648.5	648.5
+ Trade Payables	154.3	82.7	102.2	102.2
+ Other Current Financial Liab	73.3	63.3	111.2	111.2
Current Financial Liabilities	658.8	567.4	862.0	862.0
+ Provisions — Current	3.7	3.5	2.4	2.4
+ Current Tax Liabilities	0.0	0.0	0.0	0.0
+ Other Current Liabilities	150.4	161.7	183.9	183.9
Current Liabilities	812.9	732.6	1,048.2	1,048.2
+ Liabilities Held for Sale	—	53.8	—	—
Total Liabilities	1,303.5	1,265.8	1,755.4	1,755.4
Total Equity & Liabilities	1,956.6	1,904.6	2,383.3	2,383.3
Assets — additional as-filed lines
+ Current Tax Assets	2.4	3.8	1.7	1.7
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	5.6	6.1	6.1
+ Dues to Other Creditors — Current	—	77.1	96.1	96.1

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.