ALFA Finder| Revenue growth | 34.1% YoY consolidated growth. |
|---|---|
| Margins | EBITDA margins stable; looking for expansion as raw material costs settle. |
| Order book | Secured ₹131 Cr lifetime orders; EV programs contributed nearly ₹64 Cr. |
| Demand visibility | Strong; record quarterly industry sales and healthy OEM production schedules. |
| Management confidence | High; citing strong momentum into Q2 and new order pipelines. |
Growth
Revenue rose 34.1% to ₹156.4 Cr; EBITDA increased 33.3% to ₹12.4 Cr driven by production volumes.
Outlook
Targeting 12-13% sustainable margins; aim to be debt-free at net level within 3 years via JV exit proceeds.
Risks
Raw material inflation remains a concern; only 50% of cost increases passed through to customers currently.
Last quarter's promises, checked
Delivered
- Guided Q4 capacity utilization ~78% → delivered 78% (= BEAT)
- Guided aftermarket growth >25% → delivered 30% (= BEAT)
- Guided battery losses reduction 60-70% → delivered 60-70% (= BEAT)
Partly delivered
- Guided 50% RM pass-through → delivered 50% with balance in negotiation (= PARTIAL)
Missed
- Guided Q4 revenue targets → delivered variance due to soft demand (= MISS)
Investor Presentation filed with BSE, NSE: PPAP. Summary written with AI assistance from the document.
PPAP Automotive Ltd: key numbers
- Share price
- ₹266.00
- Market cap
- ₹375.4 Cr
- Revenue (annual)
- ₹567.0 Cr
- Net profit (annual)
- ₹43.19 Cr
- P/E (TTM)
- 7.7×Sector 32.5×
- Promoter holding
- 64.30%+0.00% QoQ
- FII holding
- 5.66%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from PPAP Automotive Ltd
All →PPAP Automotive Earnings Call Transcript: Key Takeaways
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.
PPAP Automotive Results Update
PPAP Automotive reported record Q2 and H1 FY27 revenue, with consolidated PAT turning positive and H1 order wins of about INR 429 crore. The media release restates results already filed, plus an interim dividend of INR 1.50 per share.
PPAP Automotive Investor Presentation: Key Takeaways
Consolidated Q2FY27 revenue up 29.8% YoY to ₹177.8Cr, EBITDA ₹15.7Cr (8.8% margin), PAT ₹2.5Cr; H1 revenue ₹334.2Cr. Order wins ₹429Cr; EV ramp; no numeric guidance.
PPAP Automotive Dividend
PPAP Automotive's board declared an interim dividend of Rs 1.50 per equity share on 6 November 2026. The record date is 13 November 2026, with payment proposed by 5 December 2026.
PPAP Automotive Q2 FY27 Results: Net Profit ₹2.5 Cr, Up 177.8% QoQ
PPAP Automotive Ltd reported revenue from operations of ₹177.8 Cr (+29.8% YoY) and net profit of ₹2.5 Cr for Q2 FY27.
- Key figure
- Net profit ₹2.5 Cr
PPAP Automotive Board Meeting Date
PPAP Automotive's board will meet on November 6, 2026 to consider results and any interim dividend. The interim dividend record date is November 13, 2026.