PPAP Automotive
Q2 revenue rose 29.8% to ₹177.8 Cr, but gross margin fell to 39.8% from 45.6% on raw material costs and mix. EBITDA margin was 8.8%. PAT of ₹2.5 Cr followed a prior-year loss.
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Q2 revenue rose 29.8% to ₹177.8 Cr, but gross margin fell to 39.8% from 45.6% on raw material costs and mix. EBITDA margin was 8.8%. PAT of ₹2.5 Cr followed a prior-year loss.
Q2 revenue rose 29.8% to ₹177.8 Cr, but gross margin fell to 39.8% from 45.6% on raw material costs and mix. EBITDA margin was 8.8%. PAT of ₹2.5 Cr followed a prior-year loss.
H2 margin recovery hinges on OEM price approvals; no numeric margin guidance. Battery EBITDA targeted at zero by Q3 FY27.
PPAP reported a recovery in Q4FY26 with revenue growing 18.6% YoY. Strategy focuses on divesting non-core JV stake for INR100cr and restructuring tooling/battery units to enhance margins.
PPAP Automotive reported FY26 consolidated revenue of ₹567.1cr (up 2.4%) with PAT of ₹43.2cr, bolstered by a ₹49.8cr exceptional gain from selling its PTI joint venture stake.
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.