Popular Vehicles and Services Ltd
NSE:PVSL
| US |
|
Johnson & Johnson
NYSE:JNJ
|
Pharmaceuticals
|
| US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
Financial Services
|
| US |
|
Bank of America Corp
NYSE:BAC
|
Banking
|
| US |
|
Mastercard Inc
NYSE:MA
|
Technology
|
| US |
|
UnitedHealth Group Inc
NYSE:UNH
|
Health Care
|
| US |
|
Exxon Mobil Corp
NYSE:XOM
|
Energy
|
| US |
|
Pfizer Inc
NYSE:PFE
|
Pharmaceuticals
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
Technology
|
| US |
|
Nike Inc
NYSE:NKE
|
Textiles, Apparel & Luxury Goods
|
| US |
|
Visa Inc
NYSE:V
|
Technology
|
| CN |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
Retail
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
Banking
|
| US |
|
Coca-Cola Co
NYSE:KO
|
Beverages
|
| US |
|
Walmart Inc
NYSE:WMT
|
Retail
|
| US |
|
Verizon Communications Inc
NYSE:VZ
|
Telecommunication
|
| US |
|
Chevron Corp
NYSE:CVX
|
Energy
|
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
93.95
157.21
|
| Price Target |
|
We'll email you a reminder when the closing price reaches INR.
Choose the stock you wish to monitor with a price alert.
|
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
|
Bank of America Corp
NYSE:BAC
|
US |
|
|
Mastercard Inc
NYSE:MA
|
US |
|
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
|
Pfizer Inc
NYSE:PFE
|
US |
|
|
Palantir Technologies Inc
NYSE:PLTR
|
US |
|
|
Nike Inc
NYSE:NKE
|
US |
|
|
Visa Inc
NYSE:V
|
US |
|
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
|
Coca-Cola Co
NYSE:KO
|
US |
|
|
Walmart Inc
NYSE:WMT
|
US |
|
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
|
Chevron Corp
NYSE:CVX
|
US |
This alert will be permanently deleted.
Popular Vehicles and Services Ltd
Their fixation with cars go way back..what began as a family run automobile spare part store seventy years back, is now a multi-dimensional business enterprise with a network of over 200 units spread throughout the country. The company is headquartered in Cochin, Kerala and currently employs 8,736 full-time employees. The company went IPO on 2024-03-19. The firm also sales spare parts accessories, finance and insurance commission. The firm primarily operates as a Maruti Suzuki vehicle dealer in Kerala and Tamil Nadu. The firm's subsidiaries include Popular Mega Motors (India) Private Limited, Vision Motors Private Limited, Popular Auto Dealers Private Limited, Popular Auto Works Private Limited and Avita Insurance Broking LLP.
Their fixation with cars go way back..what began as a family run automobile spare part store seventy years back, is now a multi-dimensional business enterprise with a network of over 200 units spread throughout the country. The company is headquartered in Cochin, Kerala and currently employs 8,736 full-time employees. The company went IPO on 2024-03-19. The firm also sales spare parts accessories, finance and insurance commission. The firm primarily operates as a Maruti Suzuki vehicle dealer in Kerala and Tamil Nadu. The firm's subsidiaries include Popular Mega Motors (India) Private Limited, Vision Motors Private Limited, Popular Auto Dealers Private Limited, Popular Auto Works Private Limited and Avita Insurance Broking LLP.
Acquisitions: Popular Vehicles completed significant acquisitions in Telangana (Maruti Suzuki/R.K.S. Motors) and Punjab (Bharat Benz), expanding its presence beyond Kerala and diversifying its footprint.
Financial Performance: Q2 total income rose 16.6% quarter-on-quarter to INR 1,534.6 crore, but was nearly flat year-on-year. EBITDA was INR 49.4 crore, up 29.1% sequentially, but down 16.5% year-on-year.
Margins & Provisions: Reported EBITDA margin was 3.2% in Q2. Adjusted for provisions, it would be 3.5%. Management flagged a one-off INR 3.6 crore provision related to cess, due to regulatory uncertainty.
Service Business: Service segment volumes were down, but revenue held up due to higher value jobs. Management expects service growth to pick up in H2 and double-digit growth in FY27.
Demand Recovery: Q2 was impacted by delayed purchases due to GST changes, but October and November saw strong demand rebounds, with some regions growing over 40% year-on-year.
Guidance: Full-year service volume growth is guided at 7–8%, combining organic and inorganic growth. EBITDA margin is expected to reach 4.2–4.3% (excluding new acquisitions). PAT is expected to recover to FY24 levels by FY27.
Inventory & Debt: Inventory days were deliberately built up for the festive season but have since reduced to around 33–34 days. Year-end debt is expected to be lower than FY25.
