Popular Vehicles and Services Limited
Popular Vehicles and Services Limited engages in the automotive dealership business in India. The company operates through four segments: Passenger Cars (excluding luxury vehicles), Luxury Vehicles, Commercial Vehicles, and Others. It engages in the sale, service, and repair of passenger, commercial, and electric two-wheeler and three-wheeler vehicles; sale of pre-owned passenger vehicles; distri… Read more
Popular Vehicles and Services Limited (PVSL) - Net Assets
Latest net assets as of September 2025: ₹6.31 Billion INR
Based on the latest financial reports, Popular Vehicles and Services Limited (PVSL) has net assets worth ₹6.31 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹21.82 Billion) and total liabilities (₹15.52 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹6.31 Billion |
| % of Total Assets | 28.9% |
| Annual Growth Rate | 21.57% |
| 5-Year Change | 159.66% |
| 10-Year Change | N/A |
| Growth Volatility | 31.73 |
Popular Vehicles and Services Limited - Net Assets Trend (2019–2025)
This chart illustrates how Popular Vehicles and Services Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Popular Vehicles and Services Limited (2019–2025)
The table below shows the annual net assets of Popular Vehicles and Services Limited from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹6.39 Billion | -2.20% |
| 2024-03-31 | ₹6.53 Billion | +90.40% |
| 2023-03-31 | ₹3.43 Billion | +22.57% |
| 2022-03-31 | ₹2.80 Billion | +13.77% |
| 2021-03-31 | ₹2.46 Billion | +24.34% |
| 2019-03-31 | ₹1.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Popular Vehicles and Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 178.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹3.25 Billion | 50.92% |
| Common Stock | ₹142.40 Million | 2.23% |
| Other Comprehensive Income | ₹48.34 Million | 0.76% |
| Other Components | ₹2.94 Billion | 46.09% |
| Total Equity | ₹6.39 Billion | 100.00% |
Popular Vehicles and Services Limited Competitors by Market Cap
The table below lists competitors of Popular Vehicles and Services Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Green Chemicals Public Company Limited
BK:GGC
|
$20.03 Million |
|
BaWang International (Group) Holding Limited
MU:6BK
|
$20.04 Million |
|
DEKUPLE S.A.
F:DLU
|
$20.04 Million |
|
Dekuple
PA:DKUPL
|
$20.04 Million |
|
Nila Spaces Limited
NSE:NILASPACES
|
$20.03 Million |
|
Done.ai Group AB
ST:DONE
|
$20.02 Million |
|
Elliptic Laboratories AS
OL:ELABS
|
$20.02 Million |
|
Cibl Inc.
PINK:CIBY
|
$20.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Popular Vehicles and Services Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,531,570,000 to 6,387,730,000, a change of -143,840,000 (-2.2%).
- Net loss of 104,630,000 reduced equity.
- Dividend payments of 35,560,000 reduced retained earnings.
- Other comprehensive income increased equity by 43,410,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-104.63 Million | -1.64% |
| Dividends Paid | ₹35.56 Million | -0.56% |
| Other Comprehensive Income | ₹43.41 Million | +0.68% |
| Other Changes | ₹-47.06 Million | -0.74% |
| Total Change | ₹- | -2.20% |
Book Value vs Market Value Analysis
This analysis compares Popular Vehicles and Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.18x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | ₹27.79 | ₹88.32 | x |
| 2020-03-31 | ₹18.50 | ₹88.32 | x |
| 2021-03-31 | ₹34.55 | ₹88.32 | x |
| 2022-03-31 | ₹39.31 | ₹88.32 | x |
| 2023-03-31 | ₹48.18 | ₹88.32 | x |
| 2024-03-31 | ₹103.45 | ₹88.32 | x |
| 2025-03-31 | ₹89.65 | ₹88.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Popular Vehicles and Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.19%
- • Asset Turnover: 2.91x
- • Equity Multiplier: 2.98x
- Recent ROE (-1.64%) is below the historical average (12.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 10.80% | 0.55% | 3.22x | 6.12x | ₹15.89 Million |
| 2020 | 24.03% | 0.00% | 0.00x | 0.00x | ₹184.81 Million |
| 2021 | 13.19% | 1.18% | 2.45x | 4.55x | ₹78.55 Million |
| 2022 | 12.03% | 0.97% | 2.74x | 4.51x | ₹56.80 Million |
| 2023 | 18.68% | 1.31% | 3.24x | 4.38x | ₹297.70 Million |
| 2024 | 11.65% | 1.35% | 2.87x | 3.00x | ₹107.61 Million |
| 2025 | -1.64% | -0.19% | 2.91x | 2.98x | ₹-743.40 Million |
Industry Comparison
This section compares Popular Vehicles and Services Limited's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $8,927,412,500
- Average return on equity (ROE) among peers: -0.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Popular Vehicles and Services Limited (PVSL) | ₹6.31 Billion | 10.80% | 2.46x | $20.03 Million |
| Cartrade Tech Limited (CARTRADE) | $12.27 Billion | -3.01% | 0.02x | $837.99 Million |
| Landmark Cars Limited (LANDMARK) | $5.58 Billion | 2.85% | 2.38x | $77.39 Million |