1. Is PPAP Automotive Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that PPAP Automotive Ltd is a below average quality company.
2. Is PPAP Automotive Ltd undervalued or overvalued?
The key valuation ratios of PPAP Automotive Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is PPAP Automotive Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of PPAP Automotive Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||6.4%||-0.1%||3%||5.9%||7.6%||10%||13.6%||11.7%||6.8%||2.2%||-|
|Value Creation Index ⓘ||-0.5||-1.0||-0.8||-0.6||-0.5||-0.3||-0.0||-0.2||-0.5||-0.8||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||16.7%||14.5%||29.1%||-5%||14%||15.3%||3.4%||-12.4%||-10.8%||-|
|Adj EPS ⓘ||8||-0.8||2.9||6.9||11.3||17.4||26.4||23.8||14.1||3.4||7.7|
|YoY Gr. Rt. %||-||-110.3%||NA||138.1%||62.9%||54.4%||51.4%||-9.7%||-40.7%||-76%||-|
|BVPS (₹) ⓘ||129.9||131||134.9||141.8||150.3||170.4||192.7||210.8||217.3||221.3||225.5|
|Adj Net Profit ⓘ||11.3||-1.2||4.1||9.7||15.8||24.4||36.9||33.4||19.8||4.8||11|
|Cash Flow from Ops. ⓘ||6.1||14.7||36.7||36.2||40.9||70.1||77.8||58.7||36.2||30.1||-|
|Debt/CF from Ops. ⓘ||0.6||1||1.2||2.3||1.8||0.7||0.4||0.4||0.6||1.7||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-9.2%||-21.4%||-49.5%||-76%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||6.4||-0.6||2.2||5||7.7||10.9||14.5||11.8||6.6||1.6||3.4|
|Op. Profit Mgn % ⓘ||16.5||7.5||11.5||12.9||17.5||19.3||21.4||18.8||14.4||10.6||10.8|
|Net Profit Mgn % ⓘ||6.1||-0.5||1.7||3.1||5.2||7.1||9.3||8.1||5.5||1.5||2.4|
|Debt to Equity ⓘ||0||0.1||0.2||0.4||0.4||0.2||0.1||0.1||0.1||0.2||-|
|Working Cap Days ⓘ||145||141||115||96||105||98||107||121||132||141||0|
|Cash Conv. Cycle ⓘ||66||76||53||38||43||40||39||46||51||56||0|
Sales growth is good in last 4 quarters at 19.63%
Return on Equity has declined versus last 3 years average to 3.40%
Sales growth has been subdued in last 3 years -6.87%
Net Profit has been subdued in last 3 years -49.54%
|TTM EPS (₹)||7.7||3|
|TTM Sales (₹ Cr.)||447||466|
|BVPS (₹.) ⓘ||225.5||218.9|
|Reserves (₹ Cr.) ⓘ||302||292|
|From the Market|
|52 Week Low / High (₹)||168.70 / 271.05|
|All Time Low / High (₹)||23.05 / 721.00|
|Market Cap (₹ Cr.)||309|
|Equity (₹ Cr.)||14|
|Face Value (₹)||10|
|Industry PE ⓘ||40.4|
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 softwareâ€™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:
Exterior/ Interior Products