Popular Vehicles & Services Ltd
About
Incorporated in 1984, Popular Vehicles and Services Ltd is in the business of sale andservice of automobiles, spare parts, finance and insurance commission. Popular Vehicles belongs to the diversified Kuttukaran Group, operating multi-brand automobile dealerships in Kerala, Tamil Nadu and Karnataka. The firm is among the top six dealerships in India, in terms of sales by volume, as of March 31, 2023. Founded by K. P. Paul, the Group launched the Company as one among the first batch of Dealers appointed by Maruti Suzuki in India. Popular Vehicles now operates the Fifth largest selling Maruti Suzuki dealership in India under the Arena network (by volume) and the Eighth largest selling Maruti Suzuki dealership in India under the Nexa network (by volume), as of March 31, 2023.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 5806 17.9% | 4925 39.3% | 3535 20.1% | 2944 -6.1% | 3136 -22.7% | 4057 78.1% | 2278 -0.7% | 2294 17.8% | 1948 10.4% | 1765 5.3% | 1676 -0.4% | 1683 28.2% | 1312 - |
| Net Operating Income (INR Cr) | 5616 15.19% | 4875 40.66% | 3466 19.78% | 2894 -8.77% | 3172 -18.72% | 3902 0.00% | 2261 -3.02% | 2331 17.19% | 1989 14.44% | 1738 5.16% | 1653 1.37% | 1631 21.18% | 1346 0.00% |
| Profit (INR Cr) | 76 18.8% | 64 90.3% | 34 3.7% | 32 159.9% | 12 -41.6% | 21 21.4% | 18 -16.2% | 21 1256.1% | 2 -75.3% | 6 823.5% | 1 -89.5% | 7 273.6% | 2 - |
| Assets (INR Cr) | 1610 25.0% | 1288 22.4% | 1052 14.2% | 921 4.8% | 879 -13.5% | 1017 199.5% | 339 36.4% | 249 -21.6% | 318 -4.3% | 332 20.0% | 277 -5.6% | 293 42.5% | 206 - |
| Net Worth (INR Cr) | 653 90.4% | 343 22.6% | 280 13.8% | 246 15.6% | 213 7.6% | 198 0.0% | 170 11.3% | 153 169.4% | 57 2.8% | 55 7.6% | 51 1.4% | 51 14.8% | 44 0.0% |
| Employee Cost (INR Cr) | 366 18.9% | 308 27.4% | 242 18.9% | 204 -14.7% | 239 1.9% | 234 73.8% | 135 21.5% | 111 13.4% | 98 5.7% | 93 14.9% | 81 8.3% | 74 18.9% | 63 - |
| Interest Cost (INR Cr) | 102 | 74 | 64 | 58 | 74 | 66 | 13 | 15 | 29 | 29 | 29 | 25 | 23 |
| Cash & Bank Balance (INR Cr) | 61 | 28 | 20 | 59 | 42 | 29 | 26 | 12 | 18 | 28 | 16 | 13 | 13 |
| Total Debt (INR Cr) | 925 | 938 | 756 | 650 | 645 | 797 | 155 | 90 | 255 | 265 | 216 | 236 | 152 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 1.3% | 1.3% | 1.0% | 1.1% | 0.4% | 0.5% | 0.8% | 0.9% | 0.1% | 0.4% | 0.0% | 0.4% | 0.1% |
| Profit As % Of Assets | 4.7% | 5.0% | 3.2% | 3.5% | 1.4% | 2.1% | 5.2% | 8.4% | 0.5% | 1.9% | 0.3% | 2.2% | 0.9% |
| Profit As % Of Networth | 11.7% | 18.7% | 12.0% | 13.2% | 5.9% | 10.8% | 10.4% | 13.8% | 2.7% | 11.4% | 1.3% | 12.9% | 4.0% |
| Interest Cost to EBITDA % | 39.3% | 33.5% | 39.1% | 38.0% | 68.3% | 50.2% | 26.2% | 25.7% | 83.6% | 69.7% | 82.0% | 61.9% | 78.0% |
| Debt to Equity Ratio | 1.42 | 2.74 | 2.70 | 2.64 | 3.03 | 4.03 | 0.91 | 0.59 | 4.51 | 4.81 | 4.22 | 4.67 | 3.45 |
| RONW | 15.3% | 20.6% | 12.8% | 12.7% | -5.1% | 10.8% | 10.9% | 20.1% | 2.4% | 11.8% | 1.3% | 13.8% | 3.3% |
| ROCE | 13.8% | 13.6% | 11.4% | 11.1% | 5.8% | 9.6% | 14.1% | 16.5% | 9.7% | 12.4% | 10.6% | 14.2% | 12.6% |