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PPAP Automotive Ltd. Stock Analysis

Small Cap
Evaluated by 535 users | BSE: 532934 | NSE: PPAP |
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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 CompanyPPAP is a leading manufacturer...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 15.27%6.42%-0.08%3.04%5.9%7.57%10.03%13.61%11.74%6.76%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 204185215247319303345398411360
Y-o-Y Gr. Rt.--9.4%16.7%14.5%29.1%-5%14%15.3%3.4%-12.4%
Adjusted EPS (Rs.) 18.658.04-0.832.916.9311.2917.4326.3923.8314.13
Y-o-Y Gr. Rt.--56.9%-110.3%NA138.1%62.9%54.4%51.4%-9.7%-40.7%
Book Value per Share (Rs.) 120.73129.93131.03134.93141.8150.3170.39192.65210.79217.28
Adjusted Net Profit 26.111.3-1.24.19.715.824.436.933.419.8
Net Op. Cash Flow (Rs. Cr.) 45.46.114.736.736.240.970.177.858.736.2
Debt to Cash Flow from Ops 0.120.60.971.162.31.820.740.380.420.61
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
PPAP Automotive Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.5%2.5%1.4%-12.4%
Adjusted EPS -3%15.3%-6.8%-40.7%
Book Value per Share 6.88.98.43.1
Share Price 11.6% 12.1% -16.5% 28.4%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 16.456.42-0.642.195.017.7310.8714.5411.816.6
Operating Profit Margin (%) 25.2116.537.5111.5212.8817.5219.3321.3818.8414.37
Net Profit Margin (%) 12.816.1-0.541.653.055.227.079.298.125.5
Debt to Equity 0.030.020.080.230.420.350.220.110.080.07
Working Capital Days 1191451411159610598107121132
Cash Conversion Cycle 42667653384340394651
Entity Percentage Holding
Promoters 64.52%
Institutions 0.07%
Non-Institutions 35.41%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of PPAP Automotive Ltd.'s performance infers:

PPAP Automotive Ltd. earnings have grown by 15.3%, whereas share price has appreciated 12.1% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of PPAP Automotive Ltd. share prices over the last 10 years. Here is what we found out:

PPAP Automotive Ltd. share price has appreciated 9.4% annually over the past ten years.

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

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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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