PPAP Automotive Limited — PPTs, 13-11-2025: Investor Presentation

PPAP Automotive faced a challenging H1 FY26, with consolidated revenue down 5.2% YoY to INR 253.6 Cr. EBITDA declined 21.9% to INR 22.0 Cr, and the company reported a PAT loss of INR 2.3 Cr, partly due to lower OEM demand and a ~INR 2.1 Cr loss in its Battery business.

Despite this, the company secured robust lifetime order wins of INR 707 Cr in H1 FY26, bringing its order backlog to INR 4,171 Cr. A notable win includes a INR 460 Cr order from Tata Motors for plastic and rubber extrusion parts. PPAP also commenced supplies for Tata-Altroz, Maruti-Victoris, and Vinfast-VF6 programs.

Strategic focus areas include increasing content per vehicle, expanding exports, and targeting 20% annual growth in its aftermarket business to reach 10% of total revenue by FY27. Management anticipates a gradual recovery in H2 as OEMs ramp up production. The FY26 guidance has been revised: revenue INR 575-600 Cr, EBITDA INR 60-65 Cr, and PAT INR 10-12 Cr. An interim dividend of INR 1 per share was declared. The company remains confident in long-term sustainable growth with a strong order pipeline and expanding EV presence.