PPAP Automotive Limited

BSE: PPAP532934ISIN INE095I01015

Consumer Discretionary
Auto Components & Equipments

Share price

₹219.00+3.05 (+1.41%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹377.25
52W low: ₹177.05
Off 52W high: -41.95%
1M return: -4.78%
3M return: -26.25%
6M return: +6.93%
1Y return: -16.75%
20D avg volume: 784
50 DMA: ₹240.26
200 DMA: ₹233.75

Key ratios Consolidated

Market cap: ₹309.95 Cr
Current price: ₹219.00
52W high / low: ₹377.25 / ₹177.05
Face value: ₹10.00
P/E: 6.69
P/B: 0.91
EPS (TTM): ₹32.74
Book value / share: ₹241.67
ROE: —
ROCE: 16.90%
Operating margin: —
Net margin: —
Debt / equity: 0.59
Net debt: ₹198.16 Cr
Interest cover: 3.90
Dividend yield: 1.14%
Dividend / share (TTM): ₹2.50
Payout: 7.64%
Cash conversion cycle: 64.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	156.38	174.58	138.88	136.96	116.63	147.22	139.25	144.86	122.68	135.70	122.36	148.40
	2.11	0.50	0.43	0.24	0.39	0.22	0.19	0.31	0.58	0.22	0.12	0.49
	158.49	175.08	139.31	137.20	117.02	147.44	139.44	145.16	123.26	135.92	122.48	148.90
	157.33	171.56	139.47	137.28	120.10	145.09	138.15	141.21	123.25	136.65	124.91	148.28
	92.89	100.10	81.73	75.60	66.59	79.76	75.53	80.59	69.67	76.94	74.35	82.51
	1.65	2.72	2.01	1.85	1.96	1.36	1.11	1.60	0.76	0.87	1.14	0.49
	30.32	33.54	27.86	27.74	24.87	25.33	25.40	25.91	23.86	24.47	23.23	26.05
	4.30	4.46	4.39	4.23	4.26	4.37	4.25	4.04	3.77	3.89	3.60	3.45
	9.05	9.46	8.73	8.81	8.50	8.50	8.64	8.69	8.61	8.59	8.71	8.63
	22.52	22.41	20.81	21.98	18.56	20.68	20.16	20.72	17.64	19.71	17.87	19.83
	1.16	3.52	-0.16	-0.09	-3.08	2.35	1.29	3.96	0.01	-0.73	-2.43	0.61
	0.00	49.79	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	1.16	53.31	-0.16	-0.08	-3.08	2.35	1.29	3.96	0.01	-0.73	-2.43	0.61
	0.29	7.86	-0.04	-0.04	0.66	0.56	0.30	1.00	0.00	7.22	0.90	0.08
	0.87	45.45	0.07	-0.05	-2.27	2.42	1.62	2.86	0.10	-8.16	-2.67	0.54
	0.61	32.20	0.05	-0.03	-1.61	1.72	1.14	2.04	0.07	-5.83	-1.91	0.39
Key metrics
	14.51	67.23	12.96	12.96	9.68	15.22	14.18	16.69	12.39	11.75	9.88	12.69
	9.30%	38.50%	9.30%	9.50%	8.30%	10.30%	10.20%	11.50%	10.10%	8.70%	8.10%	8.60%
	0.60%	26.00%	0.10%	0.00%	-1.90%	1.60%	1.20%	2.00%	0.10%	-6.00%	-2.20%	0.40%
	—	14.40%	—	1.20%	—	1.80%	—	—	—	—	—	—
	34.10%	18.60%	-0.30%	-5.50%	-4.90%	8.50%	13.80%	-2.40%	—	—	—	—
	138.30%	1,778.10%	-95.70%	-101.70%	-2,370.00%	129.70%	160.70%	429.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	606.80	567.05	554.01	522.92	511.11	421.92
	3.28	1.55	1.31	1.66	1.41	1.00
	610.08	568.60	555.31	524.58	512.52	422.92
	605.64	568.07	547.70	531.99	510.02	419.29
	350.32	324.02	305.55	305.51	333.93	253.55
	8.23	8.53	4.83	2.96	0.51	0.38
	119.46	114.00	100.50	95.19	82.91	72.24
	17.38	17.34	16.42	14.67	11.73	6.50
	36.05	35.51	34.45	34.15	31.12	29.47
	87.72	83.43	79.20	75.07	70.65	55.24
	4.43	0.53	7.61	-7.41	2.51	3.62
	49.79	49.79	0.00	0.00	0.00	0.00
	54.23	50.32	7.61	-7.41	2.51	3.62
	8.07	7.12	1.87	4.99	0.83	0.92
	46.34	43.19	7.00	-13.04	-5.94	-0.79
	32.83	30.61	4.97	-9.31	-4.25	-0.56
Key metrics
	107.66	103.17	58.48	41.41	45.36	39.59
	17.74%	18.20%	10.60%	7.90%	8.90%	9.40%
	7.64%	7.60%	1.30%	-2.50%	-1.20%	-0.20%
	—	16.90%	6.50%	—	—	—
	10.74%	2.40%	5.90%	2.30%	21.10%	—
	900.86%	517.00%	153.70%	-119.50%	-651.90%	—
	—	-36.46	42.85	—	—	—
	—	0.32	7.46	—	—	—
	—	0.59	0.58	—	—	—
	—	198.16	164.67	—	—	—
	—	64.5	43.8	—	—	—
Balance sheet
	—	741.35	567.58	—	—	—
	—	348.90	175.96	—	—	—
	—	2.58	1.47	—	—	—
	—	103.82	72.54	—	—	—
	—	96.67	61.06	—	—	—
	—	36.36	20.78	—	—	—
	—	306.23	297.88	—	—	—
	—	100.21	67.09	—	—	—
	—	340.72	198.45	—	—	—
	—	200.74	166.14	—	—	—
	—	159.84	104.40	—	—	—
	—	40.90	61.74	—	—	—
	—	341.12	287.90	—	—	—
Cash flow
	—	13.82	52.19	—	—	—
	—	-40.45	-35.40	—	—	—
	—	27.74	-17.24	—	—	—
	—	50.28	9.34	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	144.23	163.46	128.65	132.74	111.44	142.32	135.34	141.31	118.68	132.28	119.75	140.47
	3.35	1.57	1.51	1.29	1.37	1.15	1.06	1.08	1.28	0.86	0.63	0.98
	147.58	165.03	130.17	134.03	112.81	143.47	136.41	142.39	119.96	133.13	120.38	141.45
	144.50	158.51	129.11	131.46	113.33	138.42	132.00	134.95	118.08	131.21	120.19	138.15
	88.44	93.02	76.81	74.18	65.54	81.45	70.83	79.51	68.20	75.11	74.47	80.86
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	26.97	30.00	26.62	26.50	23.74	24.27	24.27	24.57	22.80	23.41	22.14	24.82
	4.00	4.16	4.10	3.85	3.82	3.89	3.68	3.49	3.30	3.26	3.11	2.72
	8.40	8.82	8.10	8.17	7.88	7.87	8.01	8.06	8.08	8.08	8.21	8.13
	20.92	20.69	19.74	20.46	17.46	19.10	18.71	19.15	16.77	18.41	16.59	18.59
	3.08	6.52	1.06	2.57	-0.52	5.05	4.41	7.44	1.88	1.92	0.19	3.30
	0.00	32.67	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	3.08	39.19	1.06	2.57	-0.52	5.05	4.41	7.44	1.88	1.92	0.19	3.30
	0.78	8.11	0.27	0.62	0.14	1.27	1.08	1.88	0.46	7.90	0.04	0.61
	2.30	31.07	0.79	1.95	-0.38	3.78	3.33	5.57	1.42	-5.98	0.24	2.69
	1.63	22.02	0.56	1.38	-0.27	2.68	2.36	3.95	1.01	-4.27	0.17	1.92
Key metrics
	15.48	52.17	13.26	14.59	11.18	16.81	16.10	18.99	13.26	13.26	11.51	14.15
	10.70%	31.90%	10.30%	11.00%	10.00%	11.80%	11.90%	13.40%	11.20%	10.00%	9.60%	10.10%
	1.60%	19.00%	0.60%	1.50%	-0.30%	2.70%	2.50%	3.90%	1.20%	-4.50%	0.20%	1.90%
	—	10.20%	—	1.60%	—	2.20%	—	—	—	—	—	—
	29.40%	14.90%	-4.90%	-6.10%	-6.10%	7.60%	13.00%	0.60%	—	—	—	—
	705.30%	722.00%	-76.30%	-65.00%	-126.80%	163.20%	1,287.50%	107.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	569.08	536.30	537.64	503.86	492.32	409.07
	7.72	5.74	4.58	3.77	3.30	2.00
	576.81	542.03	542.23	507.64	495.62	411.07
	563.58	532.41	523.45	504.42	486.61	404.96
	332.45	309.55	299.98	300.95	309.71	243.76
	0.00	0.00	0.00	—	—	—
	110.09	106.87	95.91	90.73	79.04	69.61
	16.11	15.93	14.37	12.26	10.30	5.98
	33.49	32.97	32.01	32.14	29.54	28.95
	81.81	78.34	73.73	70.22	66.88	53.33
	13.23	9.63	18.78	3.22	9.01	6.11
	32.67	32.67	0.00	—	—	—
	45.90	42.30	18.78	3.22	9.01	6.11
	9.78	8.86	4.68	7.89	2.20	1.52
	36.11	33.44	14.09	-4.67	6.81	4.59
	25.59	23.69	10.01	-3.34	4.86	3.28
Key metrics
	95.50	91.20	65.16	47.62	48.85	41.04
	16.78%	17.00%	12.10%	9.50%	9.90%	10.00%
	6.35%	6.20%	2.60%	-0.90%	1.40%	1.10%
	—	13.70%	8.10%	—	—	—
	7.29%	-0.20%	6.70%	2.30%	20.40%	—
	193.58%	137.30%	401.70%	-168.60%	48.40%	—
	—	-9.74	46.61	—	—	—
	—	1.21	3.95	—	—	—
	—	0.53	0.46	—	—	—
	—	187.66	148.94	—	—	—
	—	55.9	37.1	—	—	—
Balance sheet
	—	745.61	592.20	—	—	—
	—	355.81	190.47	—	—	—
	—	1.39	0.63	—	—	—
	—	99.88	71.56	—	—	—
	—	78.00	48.67	—	—	—
	—	25.01	14.56	—	—	—
	—	292.45	283.85	—	—	—
	—	95.85	65.48	—	—	—
	—	321.01	182.69	—	—	—
	—	189.05	149.57	—	—	—
	—	148.37	92.20	—	—	—
	—	40.68	57.37	—	—	—
	—	356.26	325.18	—	—	—
Cash flow
	—	40.36	55.68	—	—	—
	—	-58.49	-34.81	—	—	—
	—	19.02	-21.23	—	—	—
	—	50.10	9.07	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +2.89%
Sales CAGR 5Y: —
Profit CAGR 3Y: +69.97%
Profit CAGR 5Y: —
Sales YoY (TTM): +7.29%
Profit YoY (TTM): +193.58%

Consolidated

Sales CAGR 3Y: +3.52%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +10.74%
Profit YoY (TTM): +900.86%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 64.30%

Quarter	September 2026	June 2026
Promoter %	64.30%	64.30%

Holder	Type	Holding	Previous	Change
Ajay Kumar Jain	Promoter	27.32%	27.32%	0.00%
Kalindi Farms Private Limited	Promoter Group	22.61%	22.61%	0.00%
Abhishek Jain	Promoter	7.08%	7.08%	0.00%
Toacs Center Pte Limited	Public	5.64%	5.64%	0.00%
Vinay Kumari Jain	Promoter	3.77%	3.77%	0.00%
Manohar Devabhaktuni	Public	2.51%	2.51%	0.00%
Tokai Kogyo Company Limited	Public	1.59%	1.59%	0.00%
Prism Suppliers Private Limited	Promoter Group	1.37%	1.37%	0.00%
Smart Commotrade Private Limited	Promoter Group	1.19%	1.19%	0.00%
Ajay Kumar Jain HUF(Karta-Ajay Kumar Jain)	Promoter	0.64%	0.64%	0.00%
Rashi Jain	Promoter Group	0.32%	0.32%	0.00%
Unatgagan Commodities Private Limited	Promoter Group	0.00%	—	—
Charbhuja Real Estate Private Limited	Promoter Group	0.00%	—	—
Abhishek Jain HUF (Karta- Abhishek Jain)	Promoter Group	0.00%	0.00%	0.00%
Elpis Infrastructure Corporation Private Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Samvardhana Motherson International Limited	1,69,717	159.25	36.90	10.90%	+14.02% TTM	+24.64% TTM	+52.47%
Bosch Ltd	1,49,840	50,800.00	63.41	24.30%	+13.63% TTM	-11.32% TTM	+34.19%
Bharat Forge Ltd	88,694	1,815.00	123.94	15.80%	+17.54% TTM	-30.02% TTM	+37.06%
UNO Minda Limited	69,117	1,196.90	53.56	17.90%	+18.80% TTM	+15.35% TTM	-4.40%
Sona BLW Precision Forgings Limited	55,766	892.00	75.38	13.30%	+43.07% TTM	+21.75% TTM	+84.45%
Schaeffler India Limited	54,886	3,511.50	41.79	—	—	—	-15.20%
Tube Investments of India Ltd	43,747	2,260.00	39.45	12.80%	+17.62% TTM	+6.56% TTM	-24.44%
Endurance Technologies Limited	35,086	2,494.30	34.50	16.30%	+31.99% TTM	+15.15% TTM	-14.03%
Dhoot Transmission Limited	33,444	1,635.00	—	—	—	—	—
Exide Industries Ltd.	31,131	366.25	29.64	8.90%	+13.46% TTM	+32.16% TTM	-3.52%
Craftsman Automation Limited	27,927	10,677.90	52.97	14.20%	+35.85% TTM	+119.55% TTM	+56.36%
Sansera Engineering Limited	27,648	4,429.55	78.72	13.60%	+23.49% TTM	+52.89% TTM	+189.79%
Motherson Sumi Wiring India Limited S	26,009	39.22	38.08	35.50%	+35.93% TTM	+11.75% TTM	-16.50%
Asahi India Glass Ltd.	25,070	983.40	45.71	10.80%	+19.75% TTM	+46.40% TTM	+2.72%
Gabriel India Ltd.	24,678	1,392.40	75.53	22.80%	+24.12% TTM	+38.28% TTM	+10.16%
ZF Commercial Vehicle Control Systems India Limited	24,345	2,139.15	48.76	18.50%	+9.03% TTM	+3.22% TTM	+0.07%
Sundram Fasteners Ltd.	22,794	1,084.75	35.98	18.20%	+17.24% TTM	+13.95% TTM	+12.64%
BELRISE INDUSTRIES LIMITED	21,253	219.75	41.93	14.70%	—	—	+51.19%
SPR Auto Technologies Limited	19,750	4,257.65	33.20	18.00%	+46.79% TTM	+8.24% TTM	+57.73%
Tenneco Clean Air India Limited	18,753	464.65	31.18	64.30%	—	—	—
Minda Corporation Limited	16,202	677.70	29.06	15.10%	+32.84% TTM	+108.97% TTM	+14.51%
Lumax Auto Technologies Ltd.	14,306	2,099.00	33.99	24.70%	+32.82% TTM	+57.49% TTM	+75.07%
SEDEMAC MECHATRONICS LIMITED S	13,737	3,106.75	—	31.00%	—	—	—
Amara Raja Energy & Mobility Limited	13,341	728.90	16.72	14.40%	+15.67% TTM	-11.47% TTM	-26.41%
CIE Automotive India Limited	13,295	350.45	14.25	—	+12.44% TTM	+15.35% TTM	-18.90%
PPAP Automotive Limited	310	219.00	6.69	16.90%	+10.74% TTM	+900.86% TTM	-16.75%

Filings & corporate actions

Recent announcements

Schedule of earnings conference call for the quarter and half year ended September 30, 20264 Nov 2026 · Company Update / Analyst / Investor Meet
Record date for interim dividend2 Nov 2026 · Corp. Action / Record Date
PPAP Automotive Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve Un-audited financial results ....2 Nov 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 201813 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure of voting results and scrutinizer report of NCLT conveyed meetings5 Oct 2026 · AGM/EGM / Court Convened Meeting
Proceedings of Meetings of equity shareholders, secured and unsecured creditors of the Company pursuant to NCLT order in the matter of Scheme of Amalgamation of Avinya Batteries Limited ....30 Sep 2026 · AGM/EGM / Court Convened Meeting
Intimation of Trading Window Closure25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinizer Report of the 31st Annual General Meeting18 Sep 2026 · AGM/EGM / AGM
Proceedings of Annual General Meeting18 Sep 2026 · AGM/EGM / AGM
Newspaper Publication regarding NCLT convened meeting of equity shareholders, secured and unsecured creditors to be held on September 30, 202631 Aug 2026 · Company Update / Newspaper Publication
Notice of meeting of unsecured creditors in the matter of scheme of amalgamation of Avinya Batteries Limited and PPAP Automotive Limited29 Aug 2026 · Company Update / Scheme of Arrangement
Notice of meeting of secured creditors in the matter of scheme of amalgamation of Avinya Batteries Limited and PPAP Automotive Limited29 Aug 2026 · Company Update / Scheme of Arrangement
Notice of meeting of shareholders in the matter of scheme of amalgamation of Avinya Batteries Limited and PPAP Automotive Limited29 Aug 2026 · Company Update / Scheme of Arrangement
Newspaper Publication regarding completion of dispatch of Annual Report of the Company for the financial year ended March 31, 202625 Aug 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for the year ended March 31 202624 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report for the financial year ended 202624 Aug 2026 · Others / Reg. 34 (1) Annual Report
Email communication to shareholders regarding taxation provisions relating to dividend14 Aug 2026 · Company Update / General
Transcript of earnings conference call for the quarter ended June 30, 202614 Aug 2026 · Company Update / Earnings Call Transcript
Newspaper Advertisement12 Aug 2026 · Company Update / Newspaper Publication
Presentation and audio recording of earning conference call for the quarter ended June 30, 202610 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Presentation on unaudited financial results for quarter ended June 30, 20268 Aug 2026 · Company Update / Investor Presentation
Newspaper Advertisement - Unaudited Financial Results for the quarter ended June 30, 20268 Aug 2026 · Company Update / Newspaper Publication
Media release on the financial results for the quarter ended June 30, 20267 Aug 2026 · Company Update / Press Release / Media Release
Intimation of Annual General Meeting7 Aug 2026 · AGM/EGM / AGM
Record date for final dividend 20267 Aug 2026 · Corp. Action / Record Date
Financial Results for the quarter ended June 30, 20267 Aug 2026 · Result / Financial Results
Outcome of Board Meeting7 Aug 2026 · Board Meeting / Outcome of Board Meeting
Schedule of earnings conference call for the quarter ended June 30, 20265 Aug 2026 · Company Update / Analyst / Investor Meet
PPAP Automotive Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve unaudited financial results ....3 Aug 2026 · Board Meeting / Board Meeting
Update on merger of Avinya Batteries Limited, wholly owned subsidiary with PPAP Automotive Limited31 Jul 2026 · Company Update / Scheme of Arrangement
Certificate under Regulation 74(5) of the Securities Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended 30 June, 202611 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of trading window closure26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Reconstitution of Board Committees25 Jun 2026 · Company Update / General
Appointment of Mrs. Meeta Makhan as an Additional Director (Independent) of the Company w.e.f. June 25, 202625 Jun 2026 · Company Update / Change in Directorate
Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.10 Jun 2026 · Company Update / General
Press Release - PPAP Automotive Limited Partners with Hutchinson, to develop advanced body sealing systems for India''s Passenger Vehicle Industry.10 Jun 2026 · Company Update / Press Release / Media Release
Transcript of earning conference call for quarter and year ended March 31, 202619 May 2026 · Company Update / Earnings Call Transcript
Presentation and audio recording of earning conference call for the quarter and year ended March 31, 202612 May 2026 · Company Update / Analyst / Investor Meet
Newspaper advertisement-Audited Financial Results for quarter and year ended March 31, 202612 May 2026 · Company Update / Newspaper Publication
Investor Presentation on audited financial results for quarter and year ended March 31, 202611 May 2026 · Company Update / Investor Presentation

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend	13 Nov 2026	13 Nov 2026	—
Final Dividend - Rs. - 1.5000	11 Sep 2026	11 Sep 2026	—
Interim Dividend - Rs. - 1.0000	19 Nov 2025	19 Nov 2025	—
Final Dividend - Rs. - 1.5000	18 Sep 2025	18 Sep 2025	—
Interim Dividend - Rs. - 1.0000	19 Nov 2024	20 Nov 2024	—
Final Dividend - Rs. - 1.2500	6 Sep 2024	—	—

Board meetings

6 Nov 2026 Board Meeting - Financial Results
7 Aug 2026 Board Meeting - Financial Results