Popular Vehicles changes website domain to popularvehicles.in

1 min read     Updated on 12 Jun 2026, 04:52 AM
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Popular Vehicles & Services Ltd has migrated its official website from www.popularmaruti.com to www.popularvehicles.in. The company assures that all statutory disclosures required under SEBI and Companies Act regulations are updated on the new site. A redirect notice remains active on the old domain to assist users during the transition.

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Popular Vehicles & Services Ltd has updated its digital presence by changing its official website domain from www.popularmaruti.com to www.popularvehicles.in . The company confirmed that all necessary disclosures and information required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013, are now available on the new platform. This transition ensures continued compliance for shareholders and stakeholders accessing corporate data.

The migration was initiated to streamline the company's online identity. To facilitate a smooth transition for visitors, a notice has been placed on the previous domain, www.popularmaruti.com . This notice informs users of the change and provides a direct link to the new website. The old website will continue to display this migration notice for a reasonable period to ensure that stakeholders are not inconvenienced during the shift.

Statutory Compliance

The company stated that the new website fully adheres to regulatory requirements. All mandated information, including filings and investor-related documents, is being duly maintained on www.popularvehicles.in . This move aligns with the company's obligation to keep stakeholders informed through its official digital channels.

Detail Information
Old Domain www.popularmaruti.com
New Domain www.popularvehicles.in
Regulation Reference SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The notification regarding this change was submitted to BSE Limited and National Stock Exchange of India Limited on June 11, 2026. Varun T.V., Company Secretary & Compliance Officer, signed the intimation, confirming the update for the exchanges' records.

Historical Stock Returns for Popular Vehicles & Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.96%-1.91%-7.90%-22.91%-22.79%-65.41%

Does the domain change signal a strategic shift in the company's brand identity beyond its association with Maruti?

What specific digital enhancements or user experience upgrades are planned for the new website platform?

How will the company measure the effectiveness of the migration in terms of stakeholder engagement?

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Popular Vehicles reports 28% Q4 revenue growth, FY26 loss narrows

2 min read     Updated on 03 Jun 2026, 11:20 AM
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Popular Vehicles and Services Limited reported a 28% year-on-year increase in Q4 FY26 revenue, driven by post-GST demand recovery and strategic acquisitions, while full-year revenue grew 15% to ₹6,401.1 crore. The company narrowed its net loss to ₹12.5 crore for FY26 and guided for sustainable profitability from Q2 FY27, targeting EBITDA margins of 5%.

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Popular Vehicles and Services Limited reported a 28% year-on-year growth in revenue from operations for the fourth quarter of FY26, while the full-year revenue grew by 15%. The company released the transcript of its earnings conference call held on May 27, 2026, providing detailed financial results and operational updates for the period ended March 31, 2026.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. For the full year FY26, the company reported a total income of ₹6,401.1 crore, up 15.1% year-on-year. EBITDA stood at ₹203.4 crore, a 16% increase from the previous year, with an EBITDA margin of 3.2%. The company narrowed its net loss for the year to ₹12.5 crore compared to a loss of ₹10.5 crore in FY25.

Financial Performance

The management attributed the revenue growth to improving demand conditions post-GST reforms, network expansion, and contributions from strategic acquisitions. In Q4 FY26, total income reached ₹1,758.8 crore, up 27.8% year-on-year, with EBITDA rising 93.5% to ₹57.5 crore. The EBITDA margin for the quarter was approximately 3.3%, and the net loss for the quarter narrowed to ₹5 crore from ₹13.7 crore in the same period of the previous year.

Metric Q4 FY26 FY26
Total Income (₹ crore) 1,758.8 6,401.1
YoY Growth 27.8% 15.1%
EBITDA (₹ crore) 57.5 203.4
EBITDA Margin 3.3% 3.2%
Net Profit/Loss (₹ crore) (5.0) (12.5)

Segment Highlights

New vehicle volumes for FY26 grew by 21% year-on-year to 53,452 units. The Passenger Vehicles segment sold 32,572 units, up 9%, generating ₹2,551 crore in income. The Commercial Vehicle segment saw volumes rise 30% to 12,546 units, with income growing 32% to ₹2,125 crore. The Electric Vehicle segment reported a strong 89% volume growth to 8,154 units, with income increasing 72% to ₹137 crore.

Service revenue remained resilient, growing 7% year-on-year to ₹968 crore despite a 6% decline in service volumes. The company noted that adjusted EBITDA, excluding divestments and acquisition impacts, stood at ₹200.9 crore, up 28% year-on-year.

Strategic Developments and Outlook

During FY26, the company completed three strategic acquisitions: a BharatBenz dealership in Punjab, a Maruti Suzuki dealership in Telangana, and Audi dealership operations in Telangana and Andhra Pradesh. These moves expanded its geographic footprint, with non-Keralam revenue contribution rising to approximately 47% in FY26 from 28% in FY23.

Looking ahead to FY27, management guided for high double-digit top-line growth and expects EBITDA margins to move towards the 5% range. The company anticipates returning to sustainable profitability from Q2 FY27, driven by the consolidation of recent acquisitions, improved service revenue, and operating leverage. CRISIL Ratings Limited has extended the company's long-term credit rating to CRISIL A/Stable and short-term rating to CRISIL A1, valid till March 31, 2027.

Historical Stock Returns for Popular Vehicles & Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.96%-1.91%-7.90%-22.91%-22.79%-65.41%

What specific operational levers will be utilized to bridge the gap from the current 3.2% EBITDA margin to the guided 5% range in FY27?

How will the company balance the high growth in the Electric Vehicle segment with its current lower income contribution relative to Passenger and Commercial vehicles?

Are further strategic acquisitions planned for FY27 to continue reducing reliance on the Kerala market, or will the focus shift to integrating existing dealerships?

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