PPAP Automotive Limited — PPTs, 12-11-2024: Investor Presentation

**Q2 & H1 FY25 Financial Highlights:**

PPAP Automotive reported strong performance with a standalone EBITDA growth of 45.5% YoY, reaching ₹29.9 crore, and EBITDA margins improved to 11.5%. Profitability surged significantly, with PAT rising to ₹7.1 crore from ₹1.1 crore in H1FY24. Consolidated results reflected a turnaround with a PAT of ₹3.3 crore.

**Strategic Initiatives and Growth Drivers:**

The company is focused on enhancing its product mix, emphasizing value-added products to improve margins. With a robust order pipeline, PPAP aims for revenues of approximately ₹550 crore to ₹575 crore for FY25, expecting EBITDA margins to sustain between 11% and 12%.

**Business Developments:**

During H1FY25, PPAP expanded its aftermarket offerings, launching over 150 new products and initiating exports. It received an overall excellence award from MSIL, reflecting operational improvements and market confidence.

**Market Position and Competitive Advantage:**

Operating with a 72% capacity utilization, PPAP maintains a strong presence in automotive parts, bolstered by long-term relationships with major OEMs. The growth in utility vehicle sales aligns with industry trends that favor PPAP's product range.

**Investor Implications:**

The positive momentum in key financial metrics and the strategic focus on value addition present substantial growth opportunities. Investors should watch PPAP closely as it navigates toward increased profitability and market share.