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PPAP Automotive Limited — Investor Meet, 19-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates
19-05-2026 · 04:59 pm
PPAP Automotive's Q4 FY26 consolidated revenue rose 18.6% YoY to INR174.6 Cr, with EBITDA at INR16.9 Cr. FY26 revenue was INR567 Cr.
The company is rebranding as Ajay Group. Strategic moves include divesting a JV stake for INR100 Cr, reducing net debt to INR103 Cr, hiving off its tooling business, and merging the battery unit for efficiency.
New business secured INR840 Cr in FY26. Aftermarket grew 36%. Battery segment losses significantly decreased to INR0.4 Cr in Q4, targeting profitability in FY27. New automotive models, largely SUVs, are ramping up. A final dividend of INR1.5/share was proposed, reflecting management's positive outlook on growth and strategic shifts.
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