Popular Vehicles and Services (NSE:PVSL) Gross Margin %: 12.67% (As of Mar. 2026) — 18% Above Median


NSE:PVSL Popular Vehicles and Services Ltd NSE:PVSL
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What is Popular Vehicles and Services Gross Margin %?

Popular Vehicles and Services NSE:PVSL -2.78% 30 Gross Margin % is 12.67% as of Mar. 2026, which is 18% above its 10-year median of 10.77. GuruFocus rates NSE:PVSL with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Popular Vehicles and Services ranks worse than 76.96% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Popular Vehicles and Services's Gross Profit for the three months ended in Mar. 2026 was ₹2,223 Mil. Popular Vehicles and Services's Revenue for the three months ended in Mar. 2026 was ₹17,545 Mil. Therefore, Popular Vehicles and Services's Gross Margin % for the quarter that ended in Mar. 2026 was 12.67%.


The historical rank and industry rank for Popular Vehicles and Services's Gross Margin % or its related term are showing as below:

NSE:PVSL' s Gross Margin % Range Over the Past 10 Years
Min: 7.35   Med: 10.77   Max: 14.09
Current: 13.18


During the past 8 years, the highest Gross Margin % of Popular Vehicles and Services was 14.09%. The lowest was 7.35%. And the median was 10.77%.

NSE:PVSL's Gross Margin % is ranked worse than
76.96% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs NSE:PVSL: 13.18

Popular Vehicles and Services had a gross margin of 12.67% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Popular Vehicles and Services was 5.30% per year.


Popular Vehicles and Services  (NSE:PVSL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Popular Vehicles and Services had a gross margin of 12.67% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Popular Vehicles and Services Gross Margin % Related Terms


Popular Vehicles and Services Gross Margin % Historical Data

* Premium members only.

The historical data trend for Popular Vehicles and Services's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Popular Vehicles and Services Gross Margin % Chart

Popular Vehicles and Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 10.77 10.58 10.76 14.09 13.18

Popular Vehicles and Services Quarterly Data
Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.53 14.23 13.74 12.42 12.67

NSE:PVSL vs CVNA, PAG, ALTB: Gross Margin % Comparison

For the Auto & Truck Dealerships subindustry, Popular Vehicles and Services's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Popular Vehicles and Services Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Popular Vehicles and Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Popular Vehicles and Services's Gross Margin % falls into.


NSE:PVSL
30GF Score
Popular Vehicles and Services Ltd NSE:PVSL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Popular Vehicles and Services Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Popular Vehicles and Services's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=8410 / 63810.96
=(Revenue - Cost of Goods Sold) / Revenue
=(63810.96 - 55401.01) / 63810.96
=13.18 %

Popular Vehicles and Services's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2223.2 / 17545.13
=(Revenue - Cost of Goods Sold) / Revenue
=(17545.13 - 15321.93) / 17545.13
=12.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 12.67% mean?
Popular Vehicles and Services (NSE:PVSL) has a Gross Margin % of 12.67% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Popular Vehicles and Services and its competitors. This is 18% above median its historical median of 10.77. Over the past decade, Popular Vehicles and Services' Gross Margin % has ranged from 7.35 to 14.09. According to the industry distribution chart, Popular Vehicles and Services ranks #1009 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 77%.
Is Popular Vehicles and Services' Gross Margin % too high?
Popular Vehicles and Services' current Gross Margin % of 12.67% is 18% above median its 10-year median of 10.77. Over the past 10 years, this metric has ranged from a low of 7.35 to a high of 14.09. The Vehicles & Parts industry median Gross Margin % is 19.84. Popular Vehicles and Services' value of 12.67% is 36.1% below this industry median. Based on the distribution chart, Popular Vehicles and Services ranks #1009 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Popular Vehicles and Services has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Popular Vehicles and Services' Gross Margin % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Popular Vehicles and Services ranks #1009 out of 1311 companies for Gross Margin %. This places Popular Vehicles and Services in the lower half of its industry. The industry median Gross Margin % is 19.84. Popular Vehicles and Services' value of 12.67% is 36.1% below this benchmark. Historically, Popular Vehicles and Services' own Gross Margin % has ranged from 7.35 to 14.09 over the past decade. While the company's 10-year median is 10.77 vs. the industry median of 19.84, Popular Vehicles and Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Popular Vehicles and Services's current Gross Margin % of 12.67% is 36.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Popular Vehicles and Services and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Popular Vehicles and Services's current Gross Margin % is 12.67%, which is 18% above median its own 10-year median of 10.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Popular Vehicles and Services stock overvalued right now?
Popular Vehicles and Services (NSE:PVSL) has a current Gross Margin % of 12.67%. The current Gross Margin % is 12.67%, which is 18% above median its 10-year median of 10.77 and 36.1% below the Vehicles & Parts industry median of 19.84. Popular Vehicles and Services' overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Popular Vehicles and Services (NSE:PVSL), the current Gross Margin % is 12.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Popular Vehicles and Services Business Description

Other Exchanges 544144:India
Address Kuttukaran Centre, Mamangalam, Cochin, Ernakulam, KL, IND, 682025
Popular Vehicles and Services Ltd is engaged in automobile dealerships in India. It caters to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, facilitating the sale and exchange of pre-owned vehicles, operating driving schools, and facilitating the sale of third-party financial and insurance products. The group has structured its business broadly into four verticals-Passenger cars (excluding luxury vehicles), Luxury vehicles, Commercial vehicles, and others. Others comprise spare parts retail sales - other than through the respective business segments and sale of electric vehicles - two-wheelers and three-wheelers. Key revenue is generated from the passenger cars segment.
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