CRISIL reaffirms Popular Vehicles and Services at CRISIL A
Popular Vehicles and Services (BSE: PVSL) said CRISIL has reaffirmed its credit rating at CRISIL A, covering facilities or instruments of about ₹236 crore. The company is valued at about ₹643 crore.
What happened
Popular Vehicles and Services (BSE: PVSL) informed the stock exchanges on 2 November 2026 at 05:35 PM that CRISIL has reaffirmed its credit rating at CRISIL A, covering facilities or instruments of about ₹236 crore.
From the filing: "Please note that the rating of the Company is also available in the below cited Link: https://www.crisilratings.com/en/home/our - business/ratings/company - factsheet.PLMTL.html To, BSE Limited ("BSE"), Corporate Relationship Department, 2nd Floor, New Trading Ring, P.J."
Company snapshot
Popular Vehicles and Services is a micro-cap company, with a market value of about ₹643 crore.
The stock last traded at ₹90.3, against a 52-week range of ₹82.41–₹158 (42.9% below the high).
Before this filing the shares had moved −6.9% over the month and −16.9% over three months. Average daily turnover over the last 20 sessions was about ₹0.25 crore.
Promoters held 61.38% at the end of Q1 FY27, up 0.02% points from the previous quarter. Foreign institutions owned 10.28% and domestic institutions 9.85%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,311 | -8.8 | -1.23 |
| Q2 FY26 | 1,530 | 0.6 | 0.08 |
| Q3 FY26 | 1,785 | 0.7 | 0.09 |
| Q4 FY26 | 1,754 | -5 | -0.7 |
| Q1 FY27 | 1,890 | 1.4 | 0.19 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Market-wide, 1,368 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.