PPAPConsumer Discretionary

PPAP Automotive Limited

Auto Components & Equipments · ISIN INE095I01015 · BSE 532934 · NSE BE · FV ₹10
Last price
₹236
+0.64%today
What this company does

PPAP Automotive Limited operates in Auto Components & Equipments, part of the Consumer Discretionary sector. It booked ₹156 cr of revenue in its latest quarter (Q1 FY27) and kept 0.6% of sales as profit.

The Company is a leading supplier of automotive body sealing systems, interior trims, and Passenger Vehicle exterior plastic components using polymer extrusion and injection molding technology.
In the report:
39out of 100
Equitytale Health Score
Strained

Healthier than 39% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 301–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
32

At close. Not part of the score.

Profitability & returns26

How much profit it earns on the money it employs

Balance sheet27

How much it owes, and whether earnings cover the interest

Cash quality33

Whether reported profit actually arrives as cash

Growth & consistency46

Whether sales and profit have grown, and how steadily

Valuation33

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 34% vs last year
Promoters hold 64%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 0.6% net margin
! Low 1.0% return on equity

What if I invest in PPAP?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹236 +0.64%
latest close · 2026-09-17
1-year return
-4.6%
52-wk low ₹17352-wk high ₹327
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio96.7High
LowAverageHigh
P/B ratio0.98Below book
Below bookModerateHigh
EV / EBITDA9.2Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.0%Weak
WeakFairStrong ▸15%
Return on capital5.5%Weak
WeakFairStrong
Net margin0.6%Thin
ThinDecentStrong
EBITDA margin9.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.59Moderate
LowModerateHigh ▸1
Interest cover1.3×Risky
RiskyOkayStrong ▸5×
Current ratio1.02Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹334 cr
Book value
₹241
EPS
₹0.61
latest quarter
Net debt
₹198 cr
owes more than its cash
Enterprise value
₹532 cr
EBITDA
₹58 cr
annualised
EBIT
₹22 cr
annualised
Operating margin
3.5%
Return on assets
0.5%
Earnings yield
1.03%
P/S
0.53
Sales / share
₹442.0
Tax rate
25.2%
Face value
₹10
Shares
1.4 cr
Working capital
₹8 cr
Current assets
₹349 cr
Current liabilities
₹341 cr
Delivery %
57.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹47₹90, midpoint ₹68

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹156 cr
Other Income₹2 cr
Total Income₹158 cr
Cost of Materials₹93 cr
Purchases of Stock-in-Trade₹2 cr
Inventory Change (±)₹-3 cr
Employee Benefit Expense₹30 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹9 cr
Other Expenses₹23 cr
Total Expenses₹157 cr
Profit before Tax₹1 cr
Tax Expense₹29.1 L
Net Profit₹86.6 L
Net margin on total income0.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹91 cr57.5%
Employee benefit expense₹30 cr19.1%
Finance costs₹4 cr2.7%
Depreciation & amortisation₹9 cr5.7%
Other expenses₹23 cr14.2%
Tax expense₹29.1 L0.2%
Profit for the period₹86.6 L0.5%
Total income ₹158 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue139 cr175 cr156 cr
Total income139 cr175 cr158 cr
Expenses139 cr172 cr157 cr
Profit before tax-15.5 L53 cr1 cr
Tax-3.7 L8 cr29.1 L
Net profit (owners' share)6.6 L45 cr86.6 L
Net margin (owners' share, on revenue)0.0%26.0%0.6%
EPS (₹)0.0532.200.61
YoY (latest quarter): total income +35.4% · net profit
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹741 cr
Shareholder equity
₹341 cr
parent shareholders
Total debt
₹201 cr
Cash
₹3 cr
Cash flow · H1 FY26
Operating
₹23 cr
Investing
₹-19 cr
Financing
₹-1 cr
Peer comparison
Auto Components & Equipments · by market value
CompanyPriceMarket capP/E
Samvardhana Motherson International Limited₹162₹1.71 L cr41.3
Bosch Limited₹47,735₹1.41 L cr49.8
Bharat Forge Limited₹1,919₹91,740 cr
UNO Minda Limited₹1,205₹69,583 cr58.8
Schaeffler India Limited₹3,991₹62,379 cr48.0
Tube Investments of India Limited₹2,599₹50,313 cr74.6
Sona BLW Precision Forgings Limited₹778₹48,388 cr67.1
Endurance Technologies Limited₹2,691₹37,849 cr38.7
Exide Industries Limited₹419₹35,581 cr25.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.06%
trailing 12 months
Dividend / share (TTM)
₹2.5
Last dividend
₹1.5
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹1.5 / share11 Sep 2026
Dividend₹1 / share19 Nov 2025
Dividend₹1.5 / share18 Sep 2025
Dividend₹1 / share19 Nov 2024
Dividend₹1.25 / share6 Sep 2024
Dividend₹0.5 / share8 Sep 2023
Who owns it · 2026-06-30
No pledge
Promoter
64.3%
FII / Foreign
5.8%
DII / Domestic
Retail / others
29.9%
Promoter stake down 0.7% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtKALINDI FARMS PRIVATE LIMITED · Promoter Group4,000 · ₹9.1 L21 Jun 21
BoughtKALINDI FARMS PRIVATE LIMITED · Promoter Group3,000 · ₹6.7 L18 Jun 21
BoughtKALINDI FARMS PRIVATE LIMITED · Promoter Group3,000 · ₹6.8 L17 Jun 21
Bulk / block deals
SoldQICAP MARKETS LLP · NSE88,153 @ ₹357.2513 Jul 26
BoughtQICAP MARKETS LLP · NSE88,153 @ ₹357.9513 Jul 26
BoughtQE SECURITIES LLP · NSE1.03 L @ ₹355.9813 Jul 26
Stake changes
BoughtKalindi Farms Private Limited · promoter→ 65.00% · 3,3916 Dec 22
BoughtKalindi Farms Private Limited · promoter→ 64.98% · 4,2195 Dec 22
BoughtKalindi Farms Private Limited · promoter→ 64.95% · 11,3602 Dec 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2025
See the official result
1
Adoption of audited financial statements (standalone and consolidated) of the Company for the financial year ended 31st March, 2025, together with the Reports of the Board of Directors and Auditors' thereon
Backed by 99% of shareholders other than promotersneeded 50%
1.71 L votes for, 945 against
2
Declaration of final dividend of Rs. 1.50/- (15%) per equity share and confirmation of interim dividend of Rs. 1/- (10%) per equity share (face value of Rs 10/- each) for the financial year ended 31st March, 2025
Backed by 99% of shareholders other than promotersneeded 50%
1.70 L votes for, 1,297 against
3
Re-appointment of Mr. Abhishek Jain (DIN: 00137651), Chief Executive Officer and Managing Director of the Company who retires by rotation and being eligible, offers himself for reappointment
Backed by 99% of shareholders other than promotersneeded 50%
1.70 L votes for, 1,575 against
4
Ratification of the remuneration payable to Jangira & Associates, Cost Accountants for the financial year 2025-26
Backed by 99% of shareholders other than promotersneeded 50%
1.70 L votes for, 1,527 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 10 named members
owning 64.3% between them · as of 2026-06-30
Ajay Kumar Jain27.32%
Kalindi Farms Private Limited22.61%
Abhishek Jain7.08%
Vinay Kumari Jain3.77%
Prism Suppliers Private Limited1.37%
Smart Commotrade Private Limited1.19%
Ajay Kumar Jain HUF(Karta-Ajay Kumar Jain)0.64%
Rashi Jain0.32%
Business done with them
FY2025 · 3 of the group
The company paid ₹3 cr to companies in the promoter group last year — about 0.6% of its ₹554 cr revenue.
Mr. Abhishek Jain
Other payments to them · Short-term employee benefits
also owns 7.08% of the company
₹2 cr
company paid
Mr. Ajay Kumar Jain
Other payments to them · Short-term employee benefits
also owns 27.32% of the company
₹2 cr
company paid
Mrs. Vinay Kumari Jain
Other payments to them · Sitting fees
also owns 3.77% of the company
₹4 L
company paid

The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.