Q2FY26 results: revenue up QoQ, PAT drops 92.5% YoY

Pat NegativeEbitda Margin CompressionExceptional ItemResults View source PDF Explain this filing

PVSL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.7%Reaction day

₹144.10

prior close

₹146.88

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+0.7% vs market

Automobiles peers, median of 17sector · industry level+0.1%+1.6% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.6 pts more than its Automobiles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.9

15m

-1.0

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.9+0.7+0.1+1.6

Next day

+1.7+0.8+0.8-0.6+2.3

+2.1+0.7+1.3-0.1+2.2

+1.3+1.3-0.0-0.3+1.6

-0.8+0.5-1.3-1.2+0.4

-1.2+0.4-1.6+0.2-1.5

-3.7-1.5-2.2-1.1-2.6

15d

-11.9-2.4-9.4+0.8-12.7

-13.9-4.4-9.5-0.7-13.2

-17.8-7.2-10.6-0.6-17.2

-24.4-5.0-19.4-5.1-19.2

UpDownMarket · Nifty Microcap 250Sector · Automobiles peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

PVSL posted Q2FY26 total income of Rs 1,534.6 cr, up 16.6% from Q1 but flat YoY. EBITDA fell 16.5% YoY to Rs 49.4 cr; margin compressed to 3.2% from 3.9%. PAT dropped 92.5% YoY to Rs 0.6 cr, with H1FY26 turning to a Rs 8.2 cr loss versus Rs 13 cr profit a year ago. New vehicle volumes rose 36.5% QoQ to 13,012 units. The firm booked an exceptional gain from divesting Honda and Piaggio businesses and added BharatBenz Punjab plus Maruti Telangana dealerships.

Likely market impact

Weak profitability despite sequential top-line improvement. H1 loss and margin compression are concerns; exceptional gain from divestments supports headline earnings.