Ppap Automotive Limited · NSE:PPAP
Ppap Automotive — Q1 FY26 Earnings Presentation
42 slides from Ppap Automotive's earnings presentation, Aug 8, 2025
Slide 1: Filing cover letter to BSE and NSE
8th August, 2025 The Listing Department The Listing Department BSE Limited The National 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: Analysts and Investo
Slide 2: PPAP Automotive Limited Investor Presentation August 2025
PPAP Automotive Limited PPAP Automotive Limited Lets Grow Together INVESTOR PRESENTATION – August 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+ Years Of Legacy Varied Technologies Diversified Customers No. 1 Market Leader in 5 3,000+ 5+ Plastic sealing systems Business Segments No. of SKUs Electric Vehicles 10 225k 300+ Pan-India Operating SKUs Under Parts Shipped Per Day Facilities Development 3
Slide 5: Q1FY26 Highlights
Q1FY26 Highlights 4
Slide 6: Management Commentary
Management Commentary Commenting on the results and performance for Q1FY26, Mr. Ajay Kumar Jain, Chairman & MD of PPAP Automotive Ltd said: “We have started FY26 on a strong note by securing new orders worth INR 86.0 Crores, including INR 11.0 Crores from EV programs, within the first quarter. This
Slide 7: Industry Highlights
Industry Highlights • Passenger Vehicle sales again crossed the 1 million mark in Q1 of 2025-26 (1.01 million 1 units), it is the 2nd time in a row in Q1 in last 2 years. Due to lower sales in the later part of the quarter, sales in Q1 were lower by 1.4% as compared to Q1 of 2024-25 Passenger Vehicl
Slide 8: Business Performance Snapshot – Q1 FY26
Business Performance Snapshot – Q1 FY26 The company closed Q1FY26 with a robust order book at lifetime value of INR 3,439.0 Crores, providing healthy revenue visibility Revenue declined in Q1 FY26, largely due to subdued offtake from key customers, coupled with a broader slowdown in demand across th
Slide 9: Robust Lifetime Order Wins of INR ~86 Crores in Q1FY26
Robust Lifetime Order Wins of INR ~86 Crores in Q1FY26 Q1FY26 ~INR 86 Crore EV Non-EV ~INR 11 Crores ~INR 75 Crores • The company books a lifetime order of ~86 Crores in Q1FY26. These orders include a significant business for electric vehicles, valued at ~INR 11 crores and from Non-EV customers valu
Slide 10: Segmental Revenue Breakup
Segmental Revenue Breakup Q1FY25 Q1FY26 Revenue Mix by Client for Q1FY26 11.0% 4.3% 3.2% 7.3% 39.0% 7.7% 3.3% 3.0% 95.7% 96.8% 15.6% 9.0% 4.1% Parts Tools & Others Maruti Tata Honda SMG MG Motors Toyota Hyundai Renault + Nissan others 9
Slide 11: Profit and Loss Statement
Profit and Loss Statement Standalone Consolidated Particulars (INR Cr) Q1FY26 Q1FY25 Y-o-Y (%) Q1FY26 Q1FY25 Y-o-Y (%) Revenue from operations 111.4 118.7 (6.1%) 116.6 122.7 (4.9%) COGS 60.4 67.1 63.9 69.4 Gross Profit 51.0 51.5 (1.0%) 52.7 53.3 (1.1%) Gross Profit Margin 45.8% 43.4% 45.2% 43.5% Emp
Slide 12: Way Forward
Way Forward 11
Slide 13: 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 14: Guidance and Roadmap to Margin Expansion
Guidance and Roadmap to Margin Expansion FY24 FY25E FY25A FY26E Earlier Guidance Actual • The company's revenue performance remained stable, albeit at the lower end of the guided range, with overall growth tempered by broader Revenue INR 523 Cr INR 550 to 575 Cr INR 554 Cr INR 600 to 660 Cr trends i
Slide 15: Company Overview
Company Overview 14
Slide 16: Journey Towards Excellence
Journey Towards Excellence 2023-2024 1978 – 1990 2002 – 2007 o Listed on BSE and 2015 – 2016 NSE o Established Plant - III o Established Plant - V (Surajpur) and Plant - (Vallam Vadgal) and o Conversion of IV (Pathredi) Plant VI (Ukhlod) partnership firm to o M&M, Renault Nissan o VW, Hyundai & Kia
Slide 17: Manufacturing Facilities
Manufacturing Facilities Noida, UP Plastic Extrusion Greater Noida, UP PVC / TPO / PP MATERIAL Chennai, TN Viramgam, GJ • 4 Locations; 15 Extrusion Lines • Bending technology, Welding technology, Chrome SUS extrusion and Notching technology Rubber Extrusion Noida, UP EPDM & TPV MATERIAL Greater Noid
Slide 18: Operating Locations
Operating Locations Avinya Industrial Noida Greater Noida Products- Gujarat Greater Noida Chennai Sanad Rajasthan Pune Meraki Precision Tools Avinya Battery Elpis Automotive Greater Noida Noida Greater Noida Note –Map not to scale. All data, information, and maps are provided “as is” without warrant
Slide 19: Product Portfolio – 4W Parts
Product Portfolio – 4W Parts 18
Slide 20: Product Portfolio – 4W Parts
Product Portfolio – 4W Parts 19
Slide 21: Product Portfolio – 2W/3W Parts
Product Portfolio – 2W/3W Parts 20
Slide 22: Esteemed Clientele
Esteemed Clientele Passenger Vehicle Commercial Wheeler Vehicle Two- Automotive Tractor Non 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 21
Slide 23: Business Segments
Business Segments Commercial Tool Industrial Products Li-on Battery Automotive Parts Aftermarket Room Business Business Core competence in developing Development of Plastic Injection Extension of core competence of 100% owned subsidiary of PPAP Development and sales of spare Automotive Bod
Slide 24: Business Segments – Commercial Tool Room
Business Segments – Commercial Tool Room Internal Drawings Major Clients Meraki delivers advanced design and production of high-precision tools and molds. Our core competencies serve critical sectors such as automotive and electrical, enabling us to meet stringent quality standards and requirements
Slide 25: Business Segment – Industrial Product
Business Segment – Industrial Product Major Clients Extrusion Injection Moulding Washing M/C Tub Washing M/C Base Paint Dispenser Avinya Industrial Products, is a pioneering venture of the PPAP Group, specialize in plastic extrusion, rubber extrusion, and plastic injection molding, delivering high-q
Slide 26: Business Segments – Li-on Battery
Business Segments – Li-on Battery Major Clients Avniya Batteries positions itself as an engineering solutions provider, emphasizing application-specific engineering to meet the unique need of its customers. The facility comprises complete manufacturing, testing and validation of Battery Packs Key Hi
Slide 27: Business Segments – Aftermarket
Business Segments – Aftermarket The aftermarket business, Elpis Automotive Parts focus on offering high quality and sustainable automotive spare parts, car accessories and car care products 1,200+ SKUs across India and Beyond. Elpis is committed to expanding its product portfolio currently available
Slide 28: Product Portfolio – Aftermarket
Product Portfolio – Aftermarket Spare Parts Available Across Body Side Bumper Fender Lining Battery Box Front Lower Grill Mud Flap Moulding Horn Door Visor Grill Glass Double Armed Hook Jimny Power Supply Compound Car Accessories • Premium Car accessories • Interior • Phone holder • Rear tray Smart
Slide 29: PPAP – Strengths
PPAP – Strengths Strong R&D Capabilities Pioneering innovation, our strong Strategic & Technology R&D capabilities fuel our competitive Strong Distribution and edge, enabling us to shape the Driven Alliances industry landscape and meet Localization Our commitment to strategic and evolving market dem
Slide 30: Environment, Social and Governance Review
Environment, Social and Governance Review 29
Slide 31: Approach & Strategy
Approach & Strategy Sustainable Strategy Sustainability for Long-Term Governance Structure 30
Slide 32: Corporate Sustainability
Corporate Sustainability FY 2025-26 Targets Achieve net zero by 2045 Achieve carbon-neutral operations by 2040 I. 10% Reduction in Scope 1 & 2 emissions. RE100 by 2040 across operations. II. Increase Renewable Energy usage by 10%. Environment Attain water neutrality by 2040 III. Reduce water consump
Slide 33: Key Achievements
Key Achievements 6.15% of our total energy STP installed at Plant II Responded to key customer ESG Formed a dedicated generation comes from supporting our water neutrality 9% of the women workforce requests (Hyundai, TATA,TS Sustainability function renewable sources target Tech, Maruti) 10% reductio
Slide 34: Awards & Accolades
Awards & Accolades Overall Performance Zero Defect Supplies Award Annual Supplier –TATA Overall Excellence -MSIL Gold Award - Toyota Vendor Award- MSIL - Toyota MOTORS Delivery Performance Best Performance Regional Contribution Award- Silver Award for Overall, Gold Award - MSIL Award- Asahi India Aw
Slide 35: Historical Financials
Historical Financials 34
Slide 36: Standalone Profit & Loss Statement
Standalone Profit & 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 66.
Slide 37: Standalone Balance Sheet
Standalone Balance Sheet Liabilities (INR Cr) Mar 25 Mar 24 Mar 23 Mar 22 Assets (INR Cr) Mar 25 Mar 24 Mar 23 Mar 22 Equity Non-Current Assets Property, Plant and Equipment 283.8 284.8 292.6 261.4 Equity Share capital 14.1 14.0 14.0 14.0 Capital work-in-progress 23.9 20.8 14.7 8.9 Other Equity 311.
Slide 38: 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 42.7 42.5 36.5 32.5 Financial Items Operating profit before working capital changes 61.5 45.7 45.5 38.6 Changes in working capital (4.2)
Slide 39: Consolidated Profit & Loss Statement
Consolidated Profit & 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 75.1
Slide 40: Consolidated Balance Sheet
Consolidated Balance Sheet Liabilities (INR Cr) Mar 25 Mar 24 Mar 23 Mar 22 Assets (INR Cr) Mar 25 Mar 24 Mar 23 Mar 22 Equity Non-Current Assets 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 Equity 27
Slide 41: 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 42: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : CIN: L74899DL1995PLC073281 CIN: U74140MH2010PTC204285 Ms. Pankhuri Agarwal Mr. Nitin Agarwal/ Mr. Karan Thakker investorservice@ppapco.com nitin.agarwal@sgapl.net /karan.thakker@sgapl.net +91 83038 79589 / +91 81699 6256