Popular Vehicles And Services Limited · NSE:PVSL

Popular Vehicles And Services — Q1 FY27 Earnings Presentation

36 slides from Popular Vehicles And Services's earnings presentation, Aug 11, 2026

  1. Slide 1: Regulation 30 Investor Presentation Cover Letter

    Popular Vehicles and Services Ltd Kuttukaran Centre Mamangalam, Kochi 682025 t 0484 2341134 e cs@popularv.com www.popularvehicles.in CIN L50102KL1983PLC003741 Ref: PVSL/SEC/45/2026-27 KERALA – GSTIN 32AABCP3805G1ZW TAMIL NADU- GSTIN 33AABCP3805G1ZU Date: 11th August, 2026 KARNATAKA - GSTIN 29AABCP38

  2. Slide 2: Q1 FY27 – Investor Presentation

    Popular Vehicles and Services Limited Q1 FY27 – Investor Presentation August 2026

  3. Slide 3: Safe Harbor

    Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Popular Vehicles and Services Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe

  4. Slide 4: Table of Contents

    Table of Contents Sr. No. Contents Page No. 1 Management Commentary 05 2 Result Highlights 06 3 Business Highlights 08 4 Financial Performance 09 5 Business Overview 10 6 Strategic Growth Priorities 18 7 Historical Performance 23 3

  5. Slide 5: Quarterly Business Update

    Quarterly Business Update 4

  6. Slide 6: Management Commentary

    Management Commentary Commenting on the performance, Mr. Naveen Philip, Promoter & Managing Director said, “We have delivered a strong start to FY27, with broad-based growth across our new vehicle business. Improving customer sentiment, supported by the GST reforms announced in September 2025, parti

  7. Slide 7: Result Highlights - New Vehicles

    Result Highlights - New Vehicles Y-o-Y Q-o-Q Volumes (In Units) Total Income* (INR Crs) Volumes (In Units) Total Income* (INR Crs) +83% +73% +29% +28% 10,475 836 YoY 10,475 836 • Q1 witnessed strong volume growth across segments, 8,090 653 5,736 483 supported by improved demand, new geographies, PV

  8. Slide 8: Result Highlights - Services

    Result Highlights - Services Y-o-Y Q-o-Q Volumes (In Units) Total Income* (INR Crs) Volumes (In Units) Total Income* (INR Crs) -5% +11% YoY +5% +11% 1,99,807 169 1,90,801 169 1,90,801 152 • PV service volumes moderated YoY due to rationalisation 1,80,989 152 of low-value job cards, while Luxury and

  9. Slide 9: Q1FY27 Business Highlights

    Q1FY27 Business Highlights • Honda and Piaggio volumes and revenue, accounted for only until August 2025, have been excluded from the calculations below. Q1 FY27 growth includes the contribution from acquisitions and network expansion, while organic growth further excludes the contribution from acqu

  10. Slide 10: Profit & Loss Statement

    Profit & Loss Statement Particulars (INR Crs) Q1FY27 Q1FY26 YoY Q4FY26 QoQ FY26 FY25 YoY Revenue from Operations 1,889.6 1,310.9 44.1% 1,754.5 7.7% 6,381.1 5,541.2 15.2% Other Income 13.5 5.1 4.3 20.0 20.4 • Other Income in Q1FY27 Total Income 1,903.1 1,316.0 44.6% 1,758.8 8.2% 6,401.1 5,561.6 15.1%

  11. Slide 11: Business Overview

    Business Overview 10

  12. Slide 12: Company Snapshot

    Company Snapshot Part of diversified Kuttukaran Group Presence across the spectrum 1984 75+ Auto Dealership As one amongst the 1st Batch of Dealers appointed by Maruti years of experience in the Suzuki in India automobile industry Presence in 11,000*+ ~500 Employees Touchpoints 7 Spare Parts Distrib

  13. Slide 13: Long Standing Presence: Major Events and Milestones

    Long Standing Presence : Major Events and Milestones 1984 - 1997 2002 - 2010 2012 - 2019 Establishing dealership presence Expanding across segments & Geographies Strengthening Portfolio, Attracting Capital & Inorganic Growth • Marked the group’s transition from a parts-led business • 2002 : Started

  14. Slide 14: Experienced Board Members

    Experienced Board Members Executive Director John K. Paul Naveen Philip Promoter and WTD Promoter and MD Education: B.E. Education: B.E., PGD in Management from XIM Experience: 51+ years in automobile industry, Former President of Keralam Automobiles Dealership Association, Trustee of Experience: 29

  15. Slide 15: Strong Leadership Team

    Strong Leadership Team Mr. Naveen Philip Mr. Raj Narayan Mr. Abraham Mammen Mr. Benny K. J. Mr. Nakkella Srinivas Mr. Jyothish M Mr. Mathew Thomas Promoter and MD CEO Group CFO VP - Human Resources CEO- PAWL COO – PMML (Keralam) WTD- Zparex Digi Solutions Education: B.E., PGD in Resignation effectiv

  16. Slide 16: Well defined Corporate Structure

    Well defined Corporate Structure Popular Vehicles and Services Ltd (PVSL) 42+ Years* Segment-wise Revenues from Operations Q1FY27 (%) ‘Popular’ 99.99% 99.99% 99.99% 99.99% 99.99% Popular Auto Popular Mega Popular Keracon Kuttukaran Cars 3% Dealers Pvt Ltd Motors (India) Pvt Autoworks Pvt Ltd Equipme

  17. Slide 17: Market Penetration: Extensive Network

    Market Penetration: Extensive Network Showrooms & Sale Outlets PV CV EV Punjab Keralam 96 34 10 Tamil Nadu 5 32 3 Karnataka 3 - 3 Maharashtra 1 6 5 Punjab - 2 - Maharashtra Telangana 10 - - Telangana Andhra Pradesh 1 - - Karnataka Andhra Pradesh Keralam Tamil Nadu Service Centre PV CV EV Keralam 70

  18. Slide 18: Strategic Acquisitions: Expanding Our Footprint

    Strategic Acquisitions: Expanding Our Footprint August 2025 October 2025 December 2025 Olympus Motors Target Company Globe CV Pvt. Ltd. R.K.S. Motor Pvt. Ltd. Private Limited OEM Dealership Geographical States Punjab Telangana Telangana & Andhra Pradesh • Asset Purchase Agreement for a Consideration

  19. Slide 19: Strategic Growth Priorities

    Strategic Growth Priorities 18

  20. Slide 20: Diversified Growth Across OEMs and Geographies

    Diversified Growth Across OEMs and Geographies State Presence Revenue Diversification States added in last 3 years 7.9% 2.3% MSIL 0.8% 15.7% 0.1% JLR 0.3% Audi OEM wise 46.7% Honda 29.3% FY23 FY26 51.2% Tata Motors CV Punjab 24.7% Bharat Benz 1.7% Ather 6.6% 0.3% Piaggio 3.8% 8.6% 0.1% 5.3% 22.3% 2.

  21. Slide 21: Growth Strategy

    Growth Strategy Balanced Expansion Model Higher-Margin Growth Levers Inorganic growth Organic Growth Increase sale of Services & Repairs business • Increasing the no. of authorized service centers, customer retention, preventive maintenance awareness amongst customers, selling vehicle service contra

  22. Slide 22: Services & Repairs Business – High delta proposition

    Services & Repairs Business – High delta proposition Our Offerings Among the top service and repairs providers Periodic maintenance Auto Body Repair Services, repairs and maintenance under service #1 #2 each of the dealerships include: • Work undertaken during warranty period AC or Electrical • Outs

  23. Slide 23: Business Verticals: Adding value at each stage

    Business Verticals: Adding value at each stage Contribution to Company’s Consolidated Performance* 75% • New Vehicles sale business: High Volume OEMs relationships is 37% important to establish an Low Margin integrated business model; it New Vehicles enables to drive the business in pre-owned and Se

  24. Slide 24: Historical Performance

    Historical Performance 23

  25. Slide 25: Adjusted Performance Snapshot

    Adjusted Performance Snapshot Volumes FY26 FY25 Revenue (INR Crs) FY26 FY25 Total Volumes 53,452 44,087 +21% Total Revenue 4,813.3 4,040.0 +19% New Vehicles (-) Honda & Piaggio (-) Honda & Piaggio 804 1,898 61.4 152.7 Divestment Divestment (-) Acquisitions 2,305 - (-) Acquisitions 258.8 - Adjusted /

  26. Slide 26: Adjusted Profitability Snapshot

    Adjusted Profitability Snapshot Particulars (INR Crs) FY26 FY25 Growth % Reported EBITDA 203.4 175.4 +16% (-) EBITDA contribution from divested Honda & Piaggio businesses 6.2 17.7 (-) Acquisition-related EBITDA Impact 3.6 - (+) One-off cess provision 7.3 - Adjusted EBITDA 200.9 157.7 +27% (-) Deprec

  27. Slide 27: Operational Performance Highlights

    Operational Performance Highlights New Vehicles Services Volumes (In Units) Total Income* (INR Crs) Volumes (In Units) Total Income* (INR Crs) 33,681 31,726 32,752 2,551 7,91,360 8,37,455 8,36,154 618 621 601 30,116 2,362 2,350 7,39,794 572 2,107 PV FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24

  28. Slide 28: PV - OEM

    PV - OEM Maruti Suzuki JLR Audi Particulars FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY26 New Vehicle Volume (In Units) 30,948 29,334 28,175 31,667 138 274 382 390 20 Revenue (INR Crs) 1,772 1,888 1,832 2,056 128 285 378 426 13 Service Volume (In Units) 6,89,514 7,32,543 7,26,992 6,90,002 5,212 5,211

  29. Slide 29: CV - OEM

    CV - OEM Tata Motors CV Bharat Benz Particulars FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 New Vehicle Volume (In Units) 10,367 8,762 7,768 10,060 1,203 1,839 1,890 2,486 Revenue (INR Crs) 1,310 1,168 1,034 1,350 114 540 576 775 Service Volume (In Units) 1,56,029 1,56,690 1,33,074 1,37,566 27,230 46,04

  30. Slide 30: EV - OEM

    EV - OEM Ather Particulars FY23 FY24 FY25 FY26 New Vehicle Volume (In Units) 2,886 3,704 3,974 8,025 Revenue (INR Crs) 39 58 67 132 Service Volume (In Units) 1,918 10,866 17,954 37,267 Revenue (INR Crs) 1 3 6 9 Piaggio was disinvested in August 2025 29

  31. Slide 31: Spare Parts Distribution Business – High delta proposition

    Spare Parts Distribution Business – High delta proposition Operating through wholly-owned subsidiary Popular Auto Dealers Pvt Ltd (PADL) 51 26 ~77 OEM Keralam Karnataka Retail Outlets Warehouses Touchpoints Total Income from Spare Parts Distribution Business ~3,500 (INR Crs) 20,000+ No. of customers

  32. Slide 32: Profit & Loss Statement

    Profit & Loss Statement Particulars (INR Crs) FY26 FY25 FY24 FY23 Revenue from Operations 6,381.1 5,541.2 5,615.5 4,875.0 Other Income 20.0 20.4 31.2 17.6 Total Income 6,401.1 5,561.6 5,646.7 4,892.6 Cost of Goods Sold 5,540.1 4,760.2 4,758.3 4,142.6 Gross Profit 861.0 801.4 888.4 750.0 Gross Profit

  33. Slide 33: Balance Sheet

    Balance Sheet Particulars (INR Crs) Mar-26 Mar-25 Mar-24 Mar-23 Particulars (INR Crs) Mar-26 Mar-25 Mar-24 Mar-23 Property, Plant & Equipments 444.5 311.0 328.8 293.5 Equity Share Capital 14.2 14.2 14.2 12.5 Capital Work-in-progress 27.0 7.9 14.3 7.7 Other Equity 613.6 624.5 638.9 330.5 Goodwill 13.

  34. Slide 34: Cash Flow Statement

    Cash Flow Statement Particulars (INR Crs) Mar-26 Mar-25 Mar-24 Mar-23 Net Profit Before Tax and Exceptional item -27.2 -8.9 96.1 84.9 Adjustments for: Non - Cash Items / Other Investment or Financial Items 219.8 173.7 161.1 143.7 Cash generated from operations before working capital changes 192.6 16

  35. Slide 35: Key Ratios

    Key Ratios Particulars (INR Crs) FY23 FY24 FY25 FY26 Working Capital Cycle (No. of days) Total Equity 343.0 653.2 638.8 627.8 Net Working Capital days 41 47 46 39 Total Borrowings 505.0 444.6 423.1 696.1 Capital Expenditure 85.3 80.7 53.8 102.2 45 45 Debt to Equity 1.5x 0.7x 0.7x 1.1x 41 38 Net Debt

  36. Slide 36: Thank You

    Company: Investor Relations Advisors: Thank CIN: L50102KL1983PLC003741 CIN: U74140MH2010PTC204285 You Mr. Varun T. V. CS & Compliance Officer Mr. Vineet Shah / Ms. Neha Shroff vineet.shah@sgapl.net / neha.shroff@sgapl.net cs@popularv.com +91 97688 39349 / +91 77380 73466 www.popularmaruti.com www.sg

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