Ppap Automotive Limited · NSE:PPAP
Ppap Automotive — Q4 FY26 Earnings Presentation
52 slides from Ppap Automotive's earnings presentation, May 11, 2026
Slide 1: Exchange filing cover letter
11th May, 2026 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 Investors
Slide 2: PPAP Automotive Limited Investor Presentation – May 2026
PPAP Automotive Limited Lets Grow Together Investor Presentation – May 2026
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: Business Updates, Q4 & FY26 Highlights, Way Forward
Business Updates Q4 & FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 5: AJAY K JAIN Group – Excellence · Agility · Integrity
AJAY K JAIN Group – Excellence · Agility · Integrity Derived from the Sanskrit — A (not) + JAY (defeat) — AJAY literally means the unconquered and the undefeated. Our name is not just an identity. It is a commitment to – Victory Strength & through Consistent, long-term value Robust operations built
Slide 6: Vision · Mission · Principles
Vision · Mission · Principles o Global Presence To become the global partner of choice for Grow Globally Together o Long-Term Partnerships customers seeking growth through innovation Global Partner of Choice Technology-Driven Growth o Continuous Improvement o Sustainable Expansion and techno
Slide 7: AJAY JAIN GROUP: Our Businesses
AJAY JAIN GROUP: Our Businesses (Wholly owned Subsidiary) (Wholly owned Subsidiary) (Wholly owned Subsidiary) (Wholly owned Subsidiary) • OEM & OES • Mobility • Industrial • Plastic Injection • Li-Ion Battery packs CSR towards: Business Focus Mobility Aftermarket Applications Tooling for Mobility fo
Slide 8: Proposed Restructuring of PPAP Group (1/2)
Proposed Restructuring of PPAP Group (1/2) Existing Structure 01 PPAP Automotive 02 Avinya Industrial Products 03 Avinya Batteries 04 ELPIS Automotive Parts • Parts Business – Automotive body sealing and injection-molded • Extension of core competence of • Focus on Storage applications (Solar, compo
Slide 9: Proposed Restructuring of PPAP Group (2/2)
Proposed Restructuring of PPAP Group (2/2) Proposed Structure R1 01 PPAP Automotive 02 Meraki Precision Tools 03 Avinya Industrial Products 04 ELPIS Automotive Parts Slump Sale of Meraki Precision Tools for Extension of core competence of Sales of spare parts, accessories for Tooling development of
Slide 10: Strategic Rationale Behind the Group Restructuring
Strategic Rationale Behind the Group Restructuring 1 Integration of Avinya Battery Business into PPAP to create operational and financial synergies, enable a focused customer approach, and improve coordination across EV and automotive businesses Slump Sale and integration of the Tooling Business wit
Slide 11: 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 10
Slide 12: Q4 & FY26 Highlights
Business Updates Q4 & FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 13: From the Chairman's Desk
From the Chairman’s Desk Leading with Commenting on the results and performance for Q4 & FY26, Mr. Ajay Kumar Jain, Chairman & MD of PPAP Vision Automotive Ltd said: “We are pleased to report a strong sequential recovery during Q4 FY26, driven by improved execution across key business segments Mr. A
Slide 14: Industry Highlights
Industry Highlights • Passenger Vehicle segment delivered record • Commercial Vehicle segment delivered a performance with highest-ever Q4 sales of 13.16 record performance with highest-ever Q4 sales lakh units (up 13.2% YoY) and full-year sales of of 3.25 lakh units (up 18.9% YoY) and full-year 46.
Slide 15: Robust Lifetime Order Wins of ~INR 840 Crore in FY26
Robust Lifetime Order Wins of INR ~INR 840 Crore in FY26 • The company booked lifetime order of ~INR 87.9 Crore in Q4FY26. These orders Q4FY26 ~INR 87.9 Crore include around INR 30.4 crore from EV programs and ~INR 57.5 crore from non- EV Non - EV EV customers, reflecting the company’s successful st
Slide 16: Segmental Revenue Breakup
Segmental Revenue Breakup FY25 FY26 Revenue Mix by Client for FY26 7.6% 14.0% 10.6% 6.7% 35.7% 9.9% 3.6% 89.4% 92.4% 2.0% 10.7% 14.3% Parts Tools & Others 3.2% Maruti Tata Honda SMG MG Motors Toyota Hyundai Renault + Nissan Others 15
Slide 17: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Particulars (INR Cr) Q4 FY26 Q4 FY25 Y-o-Y (%) Q3 FY26 Q-o-Q (%) FY26 FY25 Y-o-Y (%) Revenue from operations 174.6 147.2 18.6% 138.9 25.7% 567.1 554.0 2.4% COGS 101.7 86.2 77.7 317.8 317.1 Gross Profit 72.9 61.0 19.5% 61.2 19.1% 249.3 236.9 5.2% Gross Profit Ma
Slide 18: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (INR Cr) Mar-26 Mar-25 Liabilities (INR Cr) Mar-26 Mar-25 Non-Current Assets Equity Property, Plant and Equipment 299.7 297.9 Capital work-in-progress 42.8 24.0 Equity Share capital 14.1 14.1 Other Intangible Asset 10.4 9.5 Other Equity 327.0 273.8 Intangible assets
Slide 19: Consolidated Cashflow statement
Consolidated Cashflow statement Particulars (INR Cr) FY26 FY25 Net Profit Before Tax* 50.3 8.9 Adjustments for: Non-Cash Items / Other Investment or Financial Items 1.2 48.8 Operating profit before working capital changes 51.5 57.6 Changes in working capital (8.4) (3.7) Cash generated from Operation
Slide 20: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Particulars (INR Cr) Q4 FY26 Q4 FY25 Y-o-Y (%) Q3 FY26 Q-o-Q (%) FY26 FY25 Y-o-Y (%) Revenue from operations 163.5 142.3 14.9% 128.7 27.1% 536.3 537.6 -0.3% COGS 94.8 83.3 70.6 298.3 307.4 Gross Profit 68.6 59.0 16.3% 58.1 18.1% 238.0 230.2 3.4% Gross Profit Marg
Slide 21: Standalone Balance Sheet
Standalone Balance Sheet Assets (INR Cr) Mar-26 Mar-25 Liabilities (INR Cr) Mar-26 Mar-25 Non-Current Assets Equity Property, Plant and Equipment 287.1 283.8 Equity Share capital 14.1 14.1 Capital work-in-progress 42.8 23.9 Investment Property 0.4 0.6 Other Equity 342.1 311.1 Other Intangible Asset
Slide 22: Standalone Cashflow statement
Standalone Cashflow statement Particulars (INR Cr) FY26 FY25 Net Profit Before Tax* 42.3 18.8 Adjustments for: Non-Cash Items / Other Investment or Financial Items 10.9 42.7 Operating profit before working capital changes 53.2 61.5 Changes in working capital (3.3) (4.2) Cash generated from Operation
Slide 23: Way Forward
Business Updates Q4 & FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 24: 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 25: FY26 Guidance
FY26 Guidance (INR Cr) FY 26 Guidance Revenue : • The Company’s FY26 revenue performance was impacted by certain external and timing- related factors that emerged during the latter part of the quarter and were not fully Particulars FY 25A FY 26E FY 26A visible at the time of issuing the revised guid
Slide 26: Company Overview
Business Updates Q4 & FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 27: 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 28: 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 EPDM & TPV MATERIAL Greater Noida, UP • 1
Slide 29: 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 30: 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 31: Automotive Parts: Product Portfolio – 4W Parts
Automotive Parts: Product Portfolio – 4W Parts INTERIOR/EXTERIOR PRODUCTS 30
Slide 32: Automotive Parts: Product Portfolio – 4W Parts
Automotive Parts: Product Portfolio – 4W Parts BODY SEALING SYSTEM PRODUCTS 31
Slide 33: Automotive Parts: Product Portfolio – 2W/3W Parts
Automotive Parts: Product Portfolio – 2W/3W Parts 32
Slide 34: 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 33
Slide 35: 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 36: 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 37: 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 38: 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 39: Product Portfolio: After Market
Product Portfolio: After Market Product Portfolio Outer Garnish Smart Phone Fender Lining Bumper Coolant Car Care Drink Holder Ash Bottle Perfume Holder Jimny Drink Perfume Trash Box Grills Floor Lifelong Mats Door Visor Mud Flaps Sealant Holder Rain Drop Available Across 38
Slide 40: 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 41: ESG Overview
Business Updates Q4 & FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 42: Corporate Sustainability
Corporate Sustainability FY 2026-27 Targets Achieve Achieve carbon- RE100 by net zero neutral 2028 across by 2045 operations operations 1 15% Reduction in Scope 1 & 2 emissions. by 2040 2 Increase Renewable Energy usage by 20%. Attain water Zero Waste to Achieve Circularity neutrality Landfill acros
Slide 43: Key Achievements
Key Achievements PPAP Sustainability Rating 20% increase in the Earth Day KAP( Responded to renewable energy knowledge, key customer target for FY 2026- attitude & ESG requests 27 has been practice) survey (Hyundai, launched. conducted. TATA,TS Tech, Maruti) RE 100 by 2028 Across Operations 5-year G
Slide 44: 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 Best Practice in Annual Manufacturing Best Quality- Outstanding Digital Supplier – E
Slide 45: Historical Financials
Business Updates Q4 & FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials
Slide 46: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Particulars (INR Cr) FY26 FY25 FY24 FY23 FY22 Revenue from operations 567.1 554.0 522.9 511.1 421.9 COGS 317.8 317.1 312.9 313.6 255.8 Gross Profit 249.3 236.9 210.0 197.5 166.1 Gross Profit Margin 44.0% 42.8% 40.2% 38.6% 39.4% Employee Expenses 114.0 100.5 95.
Slide 47: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (INR Cr) Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Liabilities (INR Cr) Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Non-Current Assets Equity Property, Plant and Equipment 299.7 297.9 300.3 309.7 273.9 Equity Share capital 14.1 14.1 14.0 14.0 14.0 Capital work-in-progress 42.8 24.0
Slide 48: Consolidated Cashflow statement
Consolidated Cashflow statement Particulars (INR Cr) FY26 FY25 FY24 FY23 FY22 Net Profit Before Tax* 50.3 8.9 (8.1) (5.1) 0.1 Adjustments for: Non-Cash Items / Other Investment or Financial Items 1.2 48.8 49.1 49.2 37.6 Operating profit before working capital changes 51.5 57.6 41.1 44.1 37.8 Changes
Slide 49: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Particulars (INR Cr) FY26 FY25 FY24 FY23 FY22 Revenue from operations 536.3 537.6 503.9 492.3 409.1 COGS 298.3 307.4 299.1 300.8 247.1 Gross Profit 238.0 230.2 204.8 191.5 162.0 Gross Profit Margin 44.4% 42.8% 40.6% 38.9% 39.6% Employee Expenses* 106.9 95.9 90.7
Slide 50: Standalone Balance Sheet
Standalone Balance Sheet Assets (INR Cr) Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Liabilities (INR Cr) Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Non-Current Assets Equity Property, Plant and Equipment 287.1 283.8 284.8 292.6 261.4 Capital work-in-progress 42.8 23.9 14.7 8.9 20.8 Equity Share capital 14.1 14.1 14
Slide 51: Standalone Cashflow statement
Standalone Cashflow statement Particulars (INR Cr) FY26 FY25 FY24 FY23 FY22 Net Profit Before Tax* 42.3 18.8 3.2 9.0 6.1 Adjustments for: Non-Cash Items / Other Investment or Financial Items 10.9 42.7 42.5 36.5 32.5 Operating profit before working capital changes 53.2 61.5 45.7 45.5 38.6 Changes in
Slide 52: 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