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PPAP Automotive Ltd reported revenue from operations of ₹174.6 Cr (+18.6% YoY) and net profit of ₹45 Cr (+1775.0% YoY) for Q4 FY26.
PPAP Automotive Limited reported its audited financial results for the year ended March 31, 2026. The Board also recommended a final dividend of Rs 1.50 per share.
PPAP Automotive Ltd will hold a Board Meeting on May 11, 2026. The directors will consider audited financial results for the quarter and year ended March 31, 2026, and a potential final dividend recommendation.
PPAP Automotive Limited provided an update regarding the resignation of Independent Director Ms. Celine George. The company noted it has not yet received her confirmation stating there are no material reasons for resignation beyond those already disclosed. The company continues to follow up for the required compliance documentation.
CRISIL has reaffirmed PPAP Automotive Limited's credit ratings for its ₹200 Crore bank facilities. The long-term rating is maintained at 'CRISIL A-/Stable' and the short-term rating at 'CRISIL A2+'. The ratings reflect the company's stable financial profile and are valid until March 31, 2027.
Ms. Celine George has resigned as an Independent Director of PPAP Automotive Limited effective April 13, 2026. Her resignation follows relocation to Bangalore, which limited her engagement in predominantly in-person board meetings. Consequently, she also ceases to be the Chairperson of the Nomination and Remuneration Committee and a member of the Stakeholder Relationship Committee.