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PPAP Automotive Ltd (PPAP) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 532934 NSE: PPAP | Auto Ancillary | Small Cap

PPAP Automotive Share Price

212.15 5.05 (2.44%)
As on 17-Apr'26 16:59

PPAP Automotive Ltd (PPAP)

BSE: 532934 NSE: PPAP
Key Metrics
Market Cap
₹292 Cr.
P/E Ratio
47.61
Price to Book (P/B)
0.90
Price to Sales (P/S)
0.57
EV/EBITDA
8.08
Return on Capital Employed (ROCE)
7.23%
Current Price
₹212.2
Return on Equity (ROE)
4.44%
Return on Assets (ROA)
2.43%
Operating Profit Margin
11.3%
Net Profit Margin
2.62%
Gross Profit Margin
9.5%
Book Value per Share
₹231.4
Sales Growth (YoY)
6.7%
Sales Growth (3 Years)
9.54%
Operating Profit Growth (1 Year)
38.4%
Operating Profit Growth (3 Years)
15.54%
Net Profit Growth (1 Year)
NA%
52-Week Low / High
₹162 / 295
Net Profit Growth (3 Years)
45.36%
Dividend Yield
1.54%
Promoter Holding
64.48%
Pledged shares (%)
of Promoter's holding (%)
0.00%

Check Before You Invest

Q.1 Revenue growth of PPAP Automotive Ltd?
PPAP Automotive Ltd revenue growth is 6.7% for FY-2025 , which is below its 5 year CAGR of 8.4% , indicating slower growth.
Q.1 Promoter shareholding and pledge status of PPAP Automotive Ltd?
Promoters hold 64.48% of the PPAP Automotive Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Revenue growth of PPAP Automotive Ltd vs industry peers?
PPAP Automotive Ltd revenue CAGR is 8.35% , compared to the industry median CAGR of 11.82% , indicating slower growth and losing its market share.
Q.1 Which industry/sub-sector does PPAP Automotive Ltd belong to?
PPAP Automotive Ltd belongs to the Automobiles sector, operating specifically within the Auto Ancillary segment.
Q.1 Stock return of PPAP Automotive Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.7% based on the current price.

DeciZen - make an informed investing decision on PPAP Automotive

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality


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2. Valuation


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3. Price Trend


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PPAP Automotive stock performance

Key Ratios
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Is PPAP Automotive Ltd an attractive stock to invest in?


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10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
PPAP Automotive Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.9%15.4%20.9%17%8.1%3%3.3%4.6%3.5%7.2%-
Value Creation
Index
-0.20.10.50.2-0.4-0.8-0.8-0.7-0.8-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 303345398411360321409492504538515
Sales YoY Gr.-14%15.3%3.4%-12.4%-10.8%27.4%20.4%2.3%6.7%-
Adj EPS 11.317.426.423.814.13.43.15.1-3.5104.4
YoY Gr.-54.4%51.4%-9.7%-40.7%-76%-9.1%65.6%-168.4%NA-
BVPS (₹) 150.3170.4192.7210.8217.3221.3223.5225.7222.2230.2231.4
Adj Net
Profit
15.824.436.933.419.84.74.37.1-4.914.16
Cash Flow from Ops. 40.970.177.858.736.230.140.538.936.555.7-
Debt/CF from Ops. 1.80.70.40.40.61.72.33.23.82.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.6%8.4%9.5%6.7%
Adj EPS -1.4%-6.7%48%NA
BVPS4.9%1.2%1%3.6%
Share Price 4% 2.7% 4.3% 18.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.710.914.511.86.61.51.42.3-1.64.41.9
Op. Profit
Mgn %
17.519.321.418.814.410.69.79.48.811.49.8
Net Profit
Mgn %
5.27.19.38.15.51.51.11.5-12.61.2
Debt to
Equity
0.40.20.10.10.10.20.30.40.50.5-
Working Cap
Days
1059810712113214111710812412869
Cash Conv.
Cycle
43403946515644374336-2

Recent Performance Summary

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Latest Financials

Standalone Consolidated
TTM EPS (₹) 4.4 0.1
TTM Sales (₹ Cr.) 515 540
BVPS (₹) 231.4 201.6
Reserves (₹ Cr.) 312 270
P/BV 0.90 1.03
PE 47.61 1760.98
From the Market
52 Week Low / High (₹) 161.50 / 295.35
All Time Low / High (₹) 23.05 / 721.00
Market Cap (₹ Cr.) 292
Equity (₹ Cr.) 14.1
Face Value (₹) 10
Industry PE 43.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of PPAP Automotive - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales303345398411360321409492504538
Operating Expenses + 250278313334309287370446460477
Manufacturing Costs32293335272331424547
Material Costs152172189198187177239289286294
Employee Cost 47536371666170799196
Other Costs 20242829292630373840
Operating Profit 52678577513439464461
Operating Profit Margin (%) 17.3%19.3%21.4%18.8%14.2%10.6%9.7%9.3%8.7%11.3%
Other Income + 1231132345
Exceptional Items 0000000000
Interest 8654346111215
Depreciation 23242626262629303232
Profit Before Tax 2338574823669319
Tax 7132015422285
Profit After Tax 1525373319557-514
PAT Margin (%) 5.0%7.3%9.4%8.1%5.4%1.5%1.1%1.4%-0.9%2.6%
Adjusted EPS (₹)10.917.926.723.913.83.53.34.9-3.310.0
Dividend Payout Ratio (%)18%17%17%19%22%29%46%31%-37%25%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 210239270295304310313316311324
Share Capital 14141414141414141414
Reserves 196225256281290296299302297310
Debt +59361817224284105111121
Long Term Debt44281613124272676457
Short Term Debt1481410012384763
Minority Interest0000000000
Trade Payables21243240424847625665
Others Liabilities 46628579464547599082
Total Liabilities 336361404431413445491542569592

Fixed Assets

Net Fixed Assets +194197211237230240271301297300
Gross Block320221260311329364422481507539
Accumulated Depreciation12624497499125151180211239
CWIP 0312282021111726
Investments 38514949515566697171
Inventories37233245494243585949
Trade Receivables38495557416252626572
Cash Equivalents 0211510111
Others Assets 29364440292538415974
Total Assets 336361404431413445491542569592

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 41707859363040393656
PBT 2338574823669319
Adjustment 31292930282733364243
Changes in Working Capital -91013-2-3-25-4-8-4
Tax Paid -4-7-22-17-12-1-3-2-2-2
Cash Flow From Investing Activity + -24-43-45-43-29-49-70-49-30-35
Capex -24-26-40-25-17-36-60-18-24-11
Net Investments 0-143-1-5-2-10-3-11
Others 0-2-8-18-7-120-28-4-25
Cash Flow From Financing Activity + -18-25-33-16-5182911-6-21
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -7-10-16-8-13030-5-3-7
Interest Paid -8-6-4-3-1-2-5-9-11-13
Dividend Paid 0-4-6-8-90-1-4-1-3
Others -4-6-736-1052892
Net Cash Flow -12-1-12-1-101-0

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)7.4711.1614.7211.836.431.581.472.17-1.494.44
ROCE (%)10.8815.4220.916.968.073.033.284.643.517.23
Asset Turnover Ratio1.051.131.070.990.850.750.870.950.910.93
PAT to CFO Conversion(x)2.732.82.111.791.89685.57N/A4
Working Capital Days
Receivable Days40404650505851424646
Inventory Days34282534485138374236
Payable Days55485466809272697676

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Announcements

PPAP Automotive Ltd FAQs

The current trading price of PPAP Automotive on 17-Apr-2026 16:59 is ₹212.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of PPAP Automotive stood at ₹292.3 Cr

The latest P/E ratio of PPAP Automotive as of 16-Apr-2026 is 47.61.

The latest P/B ratio of PPAP Automotive as of 16-Apr-2026 is 0.90.

The 52-week high of PPAP Automotive is ₹295.4 and the 52-week low is ₹161.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of PPAP Automotive is ₹515 ( Cr.) .

About PPAP Automotive Ltd

Precision Pipes & Profiles Company Ltd (PPAP) was originally incorporated on April 3, 1978 as a partnership firm by three partners viz. Devendra Chandra Jain (HUF), Asha Jain and Vinay Kumari Jain in the name and style of Precision Pipes and Profiles Company

PPAP is a leading manufacturer of high quality automotive sealing systems and exterior products in India. The company has four state of the art manufacturing facilities, which are located in New Delhi and Noida. All the plants are TS 16949, ISO 14001 and OHSAS 18001 certified. PPAP's core competence is in Plastic Extrusion and Injection moulding.

Along with the state of the art manufacturing facilities, PPAP has an experienced engineering team, which is capable of designing and manufacturing products based on customer specifications. The engineering department has latest versions of software’s like Moldflow, Unigraphics, IDEAS, Catia V4 and Catia V5. The company also has a well equipped laboratory to perform raw material as well as product performance testing.

PPAP has a joint venture with Tokai Kogyo Co. Ltd, Japan for manufacturing plastic extrusion as well as gas assist injection moulding products. The association between PPAP and Tokai Kogyo dates back to more than 15 years.

Product range of the company includes:

Automotive Sealing

  • Weather Strips
  • Trim Door Opening
  • Windshield Moulding
  • Roof Moulding
  • Quarter Window Seal
  • A- Pillar Garnish
  • C- Pillar Garnish

Exterior/ Interior Products

  • Skirt Air Damper
  • Body Side Moulding
  • Other Interior

Achievements/ recognition:

  • OHSAS Certification
  • Best Vendor Award
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