As of 6 Nov 2026, PPAP Automotive trades at 6.7× trailing earnings, below the industry P/E of 25.6×, and the shares are 42% below their 52-week high. Sales grew 3.4% a year over 3 years, with ROCE of 17% and ROE of 14%. Debt is 0.61× equity, and its dividend yield is 1.1%. It is a small-cap company with a market cap of ₹309 Cr, ranked 97th of 140 Auto Parts companies by market cap; the shares fell 15% over the past year.
- ₹224.50
- ₹229.15
- ₹216.90
- ₹224.50
- 8.7K
Health check
- ReturnsBehind
−14.6% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/E 6.7 vs industry 25.6.
- GrowthSlow
Sales +3.4% a year over 3 years.
- ProfitabilityAverage
ROCE 16.9% vs peer median 15.6%.
- Balance sheetFair
Debt 0.61× equity, interest covered 3.9×, Piotroski 5 of 9.
- Red flags1 to check
42% below its 52-week high.
Small cap
Defensive
Key metrics
- Market cap
- ₹309 Cr
- Small cap
- P/E
- 6.7
- Industry 25.6
- Price to book
- 0.90
- Peers 8.75
- Dividend yield
- 1.15%
- ROE
- 13.7%
- Peers 12.3%
- ROCE
- 16.9%
- Peers 15.6%
- Debt to equity
- 0.61
- Debt ₹207 Cr
- EPS (TTM)
- ₹32.72
- Face value ₹10
- OPM (TTM)
- 9.0%
- Net margin 7.6%
- Sales growth
- +34.1%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.51
- EV/EBITDA 7.7
Strengths and risks
Strengths
- Quarterly sales up 34.1% on a year ago.
- P/E of 6.7 against an industry P/E of 25.6.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- 42% below its 52-week high.
About PPAP Automotive
PPAP Automotive Limited manufactures and sells automotive sealing systems and injection-molded plastic components in India and internationally. The company offers automotive products, including interior/exterior products, and body sealing system products; aftermarket products, including body side moulding, bumper, fender lining, battery box, front lower grill, mud flap, wiper, horn, door visor, grill, double armed hook, jimny power supply glaco glass…
- Headquarters
- Noida
- Employees
- 1,736
- Sector
- Consumer Cyclical
- ISIN
- INE095I01015
- Website
- ppapco.in
Price range
- Avg volume (3M)
- 10.5K
- 1-year return
- minus 14.6%
- From 52-week high
- minus 42.5%
Peers · Auto Parts
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTHERSONSamvardhana Motherson International | 158.55 | minus 5.62% | 1,68,549 | 35.4 | 3.70 | 11.5% | 10.2% | 9.6% | 17.1% | 37.2% | 0.32% | plus 60.8% |
| BOSCHLTDBosch | 50,700.00 | minus 3.38% | 1,49,545 | 54.2 | 19.50 | 24.2% | 19.4% | 13.4% | 10.3% | 24.8% | 0.53% | plus 38.6% |
| UNOMINDAUNO Minda | 1,326.00 | minus 0.67% | 76,572 | 58.1 | 11.21 | 20.5% | 19.1% | 11.0% | 20.5% | 22.3% | 0.22% | plus 6.6% |
| SONACOMSSona BLW Precision Forgings | 900.00 | minus 1.67% | 56,266 | 75.0 | 8.75 | 13.2% | 11.9% | 23.2% | 18.8% | 17.4% | 0.40% | plus 89.2% |
| SCHAEFFLERSchaeffler India | 3,519.70 | minus 1.17% | 55,014 | 41.9 | 8.97 | 25.7% | 20.2% | 17.9% | 12.3% | 9.4% | 0.99% | minus 13.9% |
| MRFMRF | 1,25,295.00 | minus 0.50% | 53,139 | 22.0 | 2.53 | 15.6% | 12.3% | 15.1% | 10.6% | 46.7% | 0.19% | minus 20.3% |
| BALKRISINDBalkrishna Industries | 2,410.00 | plus 0.34% | 46,589 | 32.7 | 4.25 | 13.8% | 11.6% | 21.1% | 3.6% | 5.5% | 0.71% | plus 1.6% |
| PPAPPPAP Automotive | 218.23 | minus 2.79% | 309 | 6.7 | 0.90 | 16.9% | 13.7% | 9.0% | 3.4% | – | 1.15% | minus 14.6% |
| Median of 7 peers | – | −1.17% | 56,266 | 41.9 | 8.75 | 15.6% | 12.3% | 15.1% | 12.3% | 22.3% | 0.40% | 6.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 117 | 137 | 139 | 175 | 156 | |
| 107 | 124 | 126 | 158 | 144 | |
| 9.3 | 12.7 | 12.5 | 16.9 | 12.4 | |
| 8.0% | 9.3% | 9.0% | 9.7% | 7.9% | |
| 0.5 | 0.2 | 0.6 | 0.5 | 2.1 | |
| 4.3 | 4.2 | 4.4 | 4.5 | 4.3 | |
| 8.5 | 8.8 | 8.7 | 9.5 | 9 | |
| – | – | – | 49.8 | – | |
| −2.9 | −0.1 | 0 | 53.3 | 1.2 | |
| 22.6% | 45.6% | −124.8% | 14.7% | 25.2% | |
| −2.3 | −0 | 0.1 | 45.4 | 0.9 | |
| -1.61 | -0.03 | 0.05 | 32.09 | 0.61 |
Profit & loss
- Sales CAGR 3Y
- +3.4%
- ROE
- 13.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 510 | 521 | 552 | 565 | |
| – | +2.0% | +6.0% | +2.4% | |
| 466 | 481 | 494 | 513 | |
| 44.9 | 40.1 | 57.7 | 52.1 | |
| 8.8% | 7.7% | 10.5% | 9.2% | |
| −7.4 | 0.2 | 1.5 | 0.5 | |
| 11.7 | 14.7 | 16.4 | 17.3 | |
| 31.1 | 34.1 | 34.4 | 35.5 | |
| 0.2 | 0.5 | 0.6 | 50.6 | |
| −5.1 | −8.1 | 8.9 | 50.3 | |
| −16.3% | −61.9% | 21.1% | 14.2% | |
| −5.9 | −13 | 7 | 43.2 | |
| -4.25 | -9.31 | 4.95 | 30.49 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14 | 14 | 14.1 | 14.1 | |
| 256 | 269 | 274 | 327 | |
| 80.8 | 162 | 175 | 207 | |
| 198 | 110 | 105 | 193 | |
| 548 | 556 | 568 | 741 | |
| 320 | 331 | 336 | 368 | |
| 18.4 | 27 | 29.6 | 61.5 | |
| 4.4 | 2.6 | 3.3 | 5 | |
| 6.3 | 10.9 | 9.5 | 99 | |
| 199 | 185 | 189 | 208 | |
| 548 | 556 | 568 | 741 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 30 | 40.6 | 52.2 | 33.4 | |
| −57.7 | −30 | −35.4 | −40.5 | |
| 28.1 | −9.5 | 17.2 | 8.3 | |
| 0.4 | 1.1 | 34 | 1.1 | |
| −55.1 | −30.9 | −40.1 | −56 | |
| −25.1 | 9.7 | 12.1 | −22.6 | |
| −3.5 | −0.7 | −3.2 | −3.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.