Popular Vehicles and Services Limited — Investor Meet, 10-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Popular Vehicles & Services reported a strong Q3 FY26, marking a significant turnaround. Revenue from operations jumped 30.8% YoY to ₹1,785.4 Cr, with EBITDA surging 68.5% YoY to ₹58.2 Cr and PAT turning positive at ₹0.7 Cr. Volume growth in entry-level passenger vehicles (+35%), premium vehicles (+30%), and commercial vehicles (+52%) drove performance, fueled by improved customer sentiment. Management is optimistic, projecting EBITDA margins to normalize at ~5% as recent Audi dealership and BKT distribution acquisitions mature. Strategic focus remains on diversification, high-margin services, and deeper market penetration. The outlook signals sustained growth momentum.