PPAP Automotive Management Change
PPAP Automotive re-appointed Mr. Ajay Kumar Jain as Executive Director/MD and appointed Mrs. Meeta Makhan as Non-Executive Independent Director. Both changes effective from 2026.
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PPAP Automotive re-appointed Mr. Ajay Kumar Jain as Executive Director/MD and appointed Mrs. Meeta Makhan as Non-Executive Independent Director. Both changes effective from 2026.
PPAP Automotive's 31st AGM approved final dividend of Rs. 1.50 per share and director re-appointments. Mrs. Meeta Makhan was appointed as Independent Director for two years.
Q1FY27 revenue grew 34.1% YoY to ₹156.4 Cr. Focus remains on EPDM business expansion, transitioning tooling business to a subsidiary, and integrating Avinya Batteries for operational efficiency.
PPAP reported strong Q1FY27 consolidated revenue of INR 156.4 Cr (+34.1% YoY) driven by new model launches and strategic partnerships. EBITDA rose 33.3% to INR 12.4 Cr.
PPAP Automotive Ltd reported revenue from operations of ₹156.4 Cr (+34.1% YoY) and net profit of ₹0.9 Cr for Q1 FY27.