PPAP Automotive Limited — Investor Meet, 14-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

PPAP Automotive reported strong Q1 FY27, with revenue up 34.1% YoY to INR156.4 crore and EBITDA up 33.3% to INR12.4 crore, driven by higher volumes and utilization. Management is executing strategic reforms, including unified branding and restructuring its tooling business. The company secured INR131 crore in lifetime orders, with EV programs contributing INR64 crore. A key technology partnership with Hutchinson aims to enhance sealing systems. While raw material costs pose a challenge, management anticipates margin improvement to 12-13% and targets becoming net debt-free in three years, indicating a positive outlook despite ongoing battery segment challenges.