Ppap Automotive Limited · NSE:PPAP
Ppap Automotive — H1 FY2026 Earnings Presentation
49 slides from Ppap Automotive's earnings presentation, Nov 13, 2025
Slide 1: Exchange disclosure cover letter
13th November, 2025 The Lis ng Department The Lis ng Department BSE Limited The Na onal Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400001 Bandra (E), Mumbai - 400051 Symbol: 532934 Symbol: PPAP Subject: Disclosure pursuant
Slide 2: PPAP Automotive Limited Investor Presentation – November 2025
PPAP Automotive Limited Lets Grow Together Investor Presentation – November 2025
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by PPAP Automotive Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 4: PPAP at a Glance
PPAP at a Glance 45+ 5 50+ 3,000+ Years of Varied Diversified No. of SKUs Excellence Technologies Customers 5 10 225k 300+ Pan-India Parts Business SKU Under Operating Shipped Per Segments Development Facilities Day 3
Slide 5: Agenda: Q2 & H1FY26 Highlights
Q2 & H1FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 6: Q2 & H1FY26 Highlights
Q2 & H1FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 7: From the Chairman's Desk
From the Chairman’s Desk ‘‘ Leading with Vision Mr. Ajay Kumar Jain Commenting on the results and performance for Q2 & H1FY26, Mr. Ajay Kumar Jain, Chairman & MD of PPAP Chairman & Managing Director Automotive Ltd said: “The automotive industry recorded a slow start to the year, with OEM offtake rem
Slide 8: Industry Highlights
Industry Highlights • Passenger Vehicle sales declined 1.5% in Q2 • Commercial Vehicle sales grew 8.3% in Q2 FY26, with UVs also down 2.1%, though the FY26 to 2.40 lakh units, supported by strong 2 segment showed clear improvement toward freight demand, higher activity in steel, the end of the quart
Slide 9: Business Performance Snapshot – Q2 & H1FY26
Business Performance Snapshot – Q2 & H1FY26 01 The company closed Q2 & H1FY26 with a robust order book at lifetime value of INR 4,171 Crore, providing healthy revenue visibility 02 Received a significant order from Tata Motors with a lifetime order of INR 460 Crore, for the supply of both plastic an
Slide 10: Robust Lifetime Order Wins of INR ~707 Crore in H1FY26
Robust Lifetime Order Wins of INR ~INR 707 Crore in H1FY26 Q2FY26 ~INR 621 Crore • The company booked lifetime order of ~INR 621 Crore in Q2FY26. These orders include around INR 16 crore from EV programs and ~INR 605 crore from non-EV EV Non - EV customers, reflecting the company’s successful strate
Slide 11: Segmental Revenue Breakup
Segmental Revenue Breakup H1 FY25 H1 FY26 Revenue Mix by Client for H1 FY26 8.4% 5.7% 12.3% 7.2% 36.5% 10.2% 3.6% 91.6% 94.3% 2.0% 14.6% 9.8% Parts Tools & Others 3.8% Maruti Tata Honda SMG MG Motors Toyota Hyundai Renault + Nissan Others 10
Slide 12: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Particulars (INR Cr) Q2 FY26 Q2 FY25 Y-o-Y (%) H1 FY26 H1 FY25 Y-o-Y (%) Comments: Revenue from operations 137.0 144.9 -5.5% 253.6 267.5 -5.2% Revenue stood at INR 253.6 Cr in H1 FY26, down COGS 74.5 81.8 138.4 151.2 5.2% YoY, primarily due to subdued offtake
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (INR Cr) Sep-25 Mar-25 Liabilities (INR Cr) Sep-25 Mar-25 Non-Current Assets Equity Property, Plant and Equipment 294.1 297.9 Capital work-in-progress 32.1 24.0 Equity Share capital 14.1 14.1 Other Intangible Asset 9.3 9.5 Other Equity 270.6 273.8 Intangible assets
Slide 14: Consolidated Cashflow statement
Consolidated Cashflow statement Particulars (INR Cr) H1 FY26 H1 FY25 Net Profit Before Tax* -3.0 4.0 Adjustments for: Non-Cash Items / Other Investment or Financial Items 25.0 24.4 Operating profit before working capital changes 22.0 28.4 Changes in working capital 1.8 -1.2 Cash generated from Opera
Slide 15: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Particulars (INR Cr) Q2 FY26 Q2 FY25 Y-o-Y (%) H1 FY26 H1 FY25 Y-o-Y (%) Revenue from operations 132.7 141.3 -6.1% 244.2 260.0 -6.1% COGS 72.5 79.7 132.9 146.8 Gross Profit 60.3 61.6 -2.2% 111.3 113.2 -1.7% Gross Profit Margin 45.4% 43.6% 45.6% 43.5% Employee Exp
Slide 16: Standalone Balance Sheet
Standalone Balance Sheet Assets (INR Cr) Sep-25 Mar-25 Liabilities (INR Cr) Sep-25 Mar-25 Non-Current Assets Equity Property, Plant and Equipment 280.8 283.8 Equity Share capital 14.1 14.1 Capital work-in-progress 32.1 23.9 Other Intangible Asset 8.8 8.9 Other Equity 311.7 311.1 Intangible assets Un
Slide 17: Standalone Cashflow statement
Standalone Cashflow statement Particulars (INR Cr) H1 FY26 H1 FY25 Net Profit Before Tax* 2.1 9.3 Adjustments for: Non-Cash Items / Other Investment or Financial Items 21.2 21.3 Operating profit before working capital changes 23.3 30.6 Changes in working capital 1.4 -0.7 Cash generated from Operatio
Slide 18: Way Forward
Q2 & H1FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 19: Strategic Priorities
Strategic Priorities Automotive Parts Business: • Focus on increasing content per vehicle through development of value-added products that will command higher margins • Timely execution of a robust order book over next 5 years • To increase exports which has commenced to USA and further, exploring f
Slide 20: Guidance and Roadmap to Margin Expansion
Guidance and Roadmap to Margin Expansion (INR Cr) FY 26 Guidance FY 26E FY 26E • The Company’s revenue performance in the first half Particulars FY 25A (Earlier) (Revised) remained softer than expected, driven by lower volumes arising from the deferment of SOPs by OEMs and reduced call-offs during t
Slide 21: Company Overview
Q2 & H1FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 22: Journey Towards Excellence
Journey Towards Excellence › Listed on BSE and › Established Plant - › Conversion of NSE V (Vallam Vadgal) partnership › Established Plant - III and Plant VI firm to private (Surajpur) and Plant - (Ukhlod) company › VW, Hyundai & › Established IV (Pathredi) › M&M, Renault Kia added as Plant - I Niss
Slide 23: Manufacturing Facilities
Manufacturing Facilities Plastic Extrusion Noida, UP PVC / TPO / PP MATERIAL Greater Noida, UP • 4 Locations; 15 Extrusion Lines Chennai, TN • Bending technology, Welding technology, Chrome SUS Viramgam, GJ extrusion and Notching technology Rubber Extrusion Noida, UP EPDM & TPV MATERIAL Greater Noid
Slide 24: Operating Locations
Operating Locations Noida Greater Noida Avinya Industrial Gujarat Chennai Sanad -Greater Noida Rajasthan Pune Meraki Precision Avinya Battery Elpis Automotive Tools Greater Noida Noida Greater Noida Delhi Noida GR Noida Vallam Viramgam Sanad Pune Chennai Vadagal Registered Office Sale Office PPAP Ma
Slide 25: Business Segments
Business Segments Automotive Parts Automotive Parts Commercial Tool Industrial Li-on Battery Aftermarket Room Products Business Business • Core competence in developing • Development of Plastic • Extension of core • 100% owned subsidiary of • Development and sales Automotive Body Sealing Injection t
Slide 26: Automotive Parts: Product Portfolio – 4W Parts
Automotive Parts: Product Portfolio – 4W Parts INTERIOR/EXTERIOR PRODUCTS 25
Slide 27: Automotive Parts: Product Portfolio – 4W Parts
Automotive Parts: Product Portfolio – 4W Parts BODY SEALING SYSTEM PRODUCTS 26
Slide 28: Automotive Parts: Product Portfolio – 2W/3W Parts
Automotive Parts: Product Portfolio – 2W/3W Parts 27
Slide 29: Automotive Parts: Esteemed Clientele
Automotive Parts: Esteemed Clientele Passenger Vehicles Two- Commercial Wheeler Vehicle Non Tractor Automotive Content per vehicle for Key OEMs UP TO INR 3000 UP TO INR 6000 UP TO INR 5000 UP TO INR 8000 UP TO INR 2500 28
Slide 30: Business Segments: Commercial Tool Room
Business Segments: Commercial Tool Room Established in 2004 as Leading high-precision tooling solutions provider Producing over 150 Meraki PPAP’s backward for the automotive, electrical, and home molds annually (up to Precision appliance sectors. 850 tons) integration initiative Tool Engineering 100
Slide 31: Business Segments: Industrial Product
Business Segments: Industrial Product Leveraging the use of existing plastic Focus on developing the Architectural/ Container/ Established and rubber extrusion along with Electrical Sealing System and various injection molded Avinya in 2025 injection molding. products for industrial application Prec
Slide 32: Business Segments: Li-ion Battery
Business Segments: Li-ion Battery Equipped with advanced infrastructure Specialized in developing ESS solutions fully compliant with Avinya for efficient and high-quality ESS the latest industry standards Lithium-ion Battery Expertise in designing and engineering customized ESS Actively leveraging g
Slide 33: Business Segments: Aftermarket
Business Segments: Aftermarket Focus on expanding the domestic Launched 550+ more products in aftermarket in FY25 Elpis network as well as international market Automotive Parts Continuous expansion of existing Product portfolio & Collaboration with other automotive part suppliers for addition of new
Slide 34: Product Portfolio: After Market
Product Portfolio: After Market Product Portfolio Body Side Moulding Smart Phone Double Armed Hook Fender Lining Glass Compound Wiper Drink Holder Ash Bottle Perfume Holder Jimny Drink Perfume Trash Box Mud Flaps Door Visor Mud Flaps Sealant Trash Box Rain Drop Holder Available Across 33
Slide 35: PPAP – Strengths
PPAP – Strengths Strong R&D Capabilities Pioneering innovation, our strong R&D capabilities fuel our competitive edge, enabling us to shape the Strong Distribution and Strategic & Technology industry landscape and meet Localization Driven Alliances evolving market demands Our extensive distribution
Slide 36: ESG Overview
Q2 & H1FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 37: Corporate Sustainability
Corporate Sustainability FY 2025-26 Targets Achieve Achieve carbon- RE100 by net zero neutral 2040 across by 2045 operations operations 1 10% Reduction in Scope 1 & 2 emissions. by 2040 2 Increase Renewable Energy usage by 10%. Attain water Zero Waste to Instill a zero- neutrality Landfill across ha
Slide 38: Key Achievements
Key Achievements PPAP Sustainability Rating 6.15% of our total Earth Day KAP( Responded to energy generation knowledge, key customer comes from attitude & ESG requests renewable sources practice) survey (Hyundai, conducted. TATA,TS Tech, Maruti) Formed a dedicated 5-year GHG Sustainability Circulari
Slide 39: Awards & Accolades
Awards & Accolades Quality Best Practice in Annual Manufacturing Upgradation Outstanding Excellence Digital Supplier – Initiatives- Suzuki performance Award Transformation TATA in Quality - MSIL - CII MOTORS - Honda Quality Best Practice in Annual Manufacturing Upgradation Outstanding Excellence Dig
Slide 40: Historical Financials
Q2 & H1FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 41: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Particulars (INR Cr) FY25 FY24 FY23 FY22 Revenue from operations 554.0 522.9 511.1 421.9 COGS 317.1 312.9 313.6 255.8 Gross Profit 236.9 210.0 197.5 166.1 Gross Profit Margin 42.8% 40.2% 38.6% 39.4% Employee Expenses 100.5 95.2 82.9 72.2 Other Expenses 79.2 75.
Slide 42: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (INR Cr) Mar 25 Mar 24 Mar 23 Mar 22 Liabilities (INR Cr) Mar 25 Mar 24 Mar 23 Mar 22 Non-Current Assets Equity Property, Plant and Equipment 297.9 300.3 309.7 273.9 Equity Share capital 14.1 14.0 14.0 14.0 Capital work-in-progress 24.0 14.8 9.0 20.8 Other Intangibl
Slide 43: Consolidated Cashflow statement
Consolidated Cashflow statement Particulars (INR Cr) FY25 FY24 FY23 FY22 Net Profit Before Tax* 8.9 (8.1) (5.1) 0.1 Adjustments for: Non-Cash Items / Other Investment or Financial Items 48.8 49.1 49.2 37.6 Operating profit before working capital changes 57.6 41.1 44.1 37.8 Changes in working capital
Slide 44: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Particulars (INR Cr) FY25 FY24 FY23 FY22 Revenue from operations 537.6 503.9 492.3 409.1 COGS 307.4 299.1 300.8 247.1 Gross Profit 230.2 204.8 191.5 162.0 Gross Profit Margin 42.8% 40.6% 38.9% 39.6% Employee Expenses 95.9 90.7 79.0 69.6 Other Expenses 73.7 70.2 6
Slide 45: Standalone Balance Sheet
Standalone Balance Sheet Assets (INR Cr) Mar 25 Mar 24 Mar 23 Mar 22 Liabilities (INR Cr) Mar 25 Mar 24 Mar 23 Mar 22 Non-Current Assets Equity Property, Plant and Equipment 283.8 284.8 292.6 261.4 Capital work-in-progress 23.9 14.7 8.9 20.8 Equity Share capital 14.1 14.0 14.0 14.0 Other Intangible
Slide 46: Standalone Cashflow statement
Standalone Cashflow statement Particulars (INR Cr) FY25 FY24 FY23 FY22 Net Profit Before Tax* 18.8 3.2 9.0 6.1 Adjustments for: Non-Cash Items / Other Investment or Financial Items 42.7 42.5 36.5 32.5 Operating profit before working capital changes 61.5 45.7 45.5 38.6 Changes in working capital (4.2
Slide 47: Contact Us
Contact Us Company: Investor Relations Advisor: Company CIN: : L74899DL1995PLC073281 CIN: : U74140MH2010PTC204285 Ms. Pankhuri Agarwal Mr. Nitin Agarwal / Mr. Karan Thakker E: investorservice@ppapco.com E: nitin.agarwal@sgapl.net / karan.thakker@sgapl.net T: +91 8303 879589 / +91 81699 62562 www.ppa
Slide 48: Press release: lifetime order wins of INR 707 crore in H1FY26
PPAP Automotive secures Robust lifetime order wins of INR 707 crore in H1FY26 Order backlog stands at robust INR 4,171 crore as of H1FY26 Delhi, 13th November,2025: PPAP Automotive Ltd, a leading manufacturer of Automotive Sealing Systems, Interior & Exterior Automotive parts, recorded lifetime orde
Slide 49: About PPAP Automotive Limited
About PPAP Automotive Limited: PPAP Automotive Limited (“Company”) is a leading manufacturer of Automotive Sealing Systems, Interior and Exterior Automotive parts in India. The Company’s state of the art manufacturing facilities is located in all the major Automotive Passenger Vehicle manufacturing