PVSL / guidance tracker

Keep management guidance in view.

Popular Vehicles and Services · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY26 Revenue Growth: Mid-Teens YoY

The company expects Q4 FY26 to outperform Q3 FY26, enabling FY26 to close with mid-teens growth versus initial single-digit growth expectation.

revenue

FY27 EBITDA Margin: 5%

Targeting EBITDA margin of 5% in FY27, approaching FY24 levels (~76 crores PBT). Full revenue benefits from recent acquisitions expected to accrue from FY27 onwards.

margins

FY27 Revenue Growth: High Double-Digit (~20%)

Expecting 20% topline growth driven by ~9,000 vehicles from Telangana and Punjab acquisitions plus 7-8% organic growth from existing operations, targeting ~54,000-57,000 total units.

revenue

FY27 Service Volume Growth: 7-8% Organic

Service business expected to achieve double-digit volume growth (7-8% organic plus acquisitions) with ASP increases of 8-10%, rebounding from FY26 flat performance.

growth

FY27 EBITDA Margin Target: ~5%

Management targets consolidated EBITDA margins of approximately 4.8% to 5% in FY27, up from ~3.3% in Q4 FY26, driven by operating leverage from recent acquisitions, service business growth, and lower discounting levels.

margins

FY27 Revenue Growth: High Double-Digit

Company expects high double-digit topline growth in FY27, supported by new model launches, recovery in entry-level PV segment, and scaling of newly acquired businesses.

revenue

PV Service Growth: 20-25%

Passenger vehicle service revenue expected to grow 20-25% in FY27, led by 10-12% volume growth and 10-12% ASP growth, driven by higher vehicle sales, new market penetration, and acquisition contribution.

growth

JLR Volume Guidance: 550-600 Units

Jaguar Land Rover volumes expected at 550-600 units in FY27 vs ~380 units in FY26, with new model launches, resolution of cyberattack supply constraints, and Nagpur operations commencement from April 2026.

growth