BSECompany Update7 Aug 2026 · 7 Aug 2026, 05:22 pm
Media release on the financial results for the quarter ended June 30, 2026
PPAP Automotive Ltd · 532934
✦ AI Summary▲ PositiveResults
PPAP Automotive Ltd reported strong Q1FY27 results with 34.1% YoY revenue growth, driven by model-based growth, favorable industry demand, and improved execution. The company secured lifetime orders worth INR 131 Crores, marking a 51.8% YoY increase. PPAP also entered a strategic partnership with Hutchinson to manufacture, market, and sell advanced body sealing systems in India.
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Governance Concern1/10
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Market Sentiment9/10
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PPAP Automotive Ltd - 532934 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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PPAP Automotive Limited
GSTIN: 07AAACP5144P3Z1 & 07AAACP5144P2Z2
7th August, 2026
The Listing Department The Listing Department
BSE Limited The National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex,
Mumbai – 400001 Bandra (E), Mumbai – 400051
Symbol: 532934 Symbol: PPAP
Subject: Media release on the financial results for the quarter ended 30th June, 2026
Dear Sir,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, please find enclosed the media release on the financial
results of the Company for the quarter ended 30th June, 2026.
This is for your information and record.
Thanking you,
Yours faithfully,
For PPAP Automotive Limited
Pankhuri Agarwal
Company Secretary & Compliance Officer
Registered office: 54, Okhla Industrial Estate, Phase III, New Delhi-110020 +91-011-62560000 info@ppapco.com www.ppapco.in
CIN: L74899DL1995PLC073281
PPAP Automotive Limited
Earnings Release
PPAP Automotive reports strong start to FY27 with robust revenue growth
and healthy order wins
New Delhi, August 07, 2026: PPAP Automotive Limited, part of the Ajay Group and a leading
automotive components manufacturer with a diversified portfolio and solutions, today announced its
unaudited financial results for the quarter ended 30th June, 2026.
Key Consolidated Financial Highlights for Q1FY27
• Revenue from Operations increased by 34.1% YoY to INR 156.4 Crores, driven by strong
model-based growth, favorable industry demand and improved execution across key
customer platforms
• EBITDA grew 33.3% YoY to INR 12.4 Crores, reflecting improved operational performance and
business momentum
• Profit After Tax stood at INR 0.9 Crores, compared to a loss of INR 2.3 Crores in Q1FY26
Key Standalone Financial Highlights for Q1FY27
• Revenue from Operations increased by 29.4% YoY to INR 144.2 Crores
• EBITDA grew 23.7% YoY to INR 12.1 Crores
• Profit After Tax increased to INR 2.3 Crores, compared to a loss of INR 0.4 Crores in Q1FY26
Key Business Highlights – Q1FY27
• Robust Lifetime Order Wins of INR ~INR 131 Crore in Q1FY27:
o PPAP booked lifetime orders worth ~₹131 Crores in Q1FY27, marking a robust 51.8%
YoY growth over Q1FY26. The order inflow was well balanced across both Electric
Vehicle and Non-EV segments, with EV orders rising significantly to ~₹64 Crores from
~₹11 Crores in Q1FY26, highlighting the Company's increasing presence in the fast-
growing EV market
o Order inflow remained strong, mainly driven by model-based growth as the Company
continued to benefit from existing and newly launched vehicle models
o The Company continues to strengthen its relationships with leading OEMs, including
Maruti Suzuki, Tata Motors, Toyota, Honda, Renault, Mahindra and SMG, while
actively expanding its presence with new domestic and global automotive customers.
The healthy order book reinforces management's confidence in sustaining growth
momentum and further strengthening PPAP's position across both ICE and EV
segments
Registere d office: 54, Okhla Industrial Estate, Phase III, New Delhi-110020 +91-011-62560000 info@ppapco.com www.ppapco.in
CIN: L74899DL1995PLC073281
PPAP Automotive Limited
• Strategic partnership with Hutchinson:
o Entered a strategic partnership with Hutchinson, securing an exclusive license to
manufacture, market and sell advanced body sealing systems in India. The
collaboration provides access to global technology, engineering expertise and product
development capabilities, strengthening PPAP's leadership in passenger vehicle
sealing solutions
Commenting on the results and performance for Q1FY27, Mr. Ajay Kumar Jain, Chairman & MD of
PPAP Automotive Ltd said: “We entered FY27 from a position of strength, supported by favourable
industry tailwinds and healthy model-led growth across our key customer platforms. Higher vehicle
production, successful new model launches, and sustained demand in the passenger vehicle industry
enabled us to deliver another quarter of strong operational performance.
During Q1 FY27, the Company reported consolidated revenue from operations of INR 156.4 Crores,
representing a healthy growth of 34.1% year-on-year, while EBITDA increased 33.3% year-on-year to
INR 12.4 Crores. Our performance reflects continued execution across the business, supported by
higher volumes, improved operating leverage, and disciplined operational management. Margins
during the quarter were impacted by elevated raw material costs arising from the ongoing geopolitical
situation in the Middle East. While these cost pressures remain a near-term challenge, we expect them
to gradually ease as the situation stabilizes.
During the quarter, we secured lifetime orders worth INR 131 Crores, marking a robust 51.8% year-on-
year increase. The order book remained well balanced across both EV and Internal Combustion Engine
(ICE) programs, with EV platforms contributing nearly INR 64 Crores.
Looking ahead, we remain optimistic about our growth prospects. Our healthy order pipeline, new
product development initiatives, and favorable industry outlook provide a strong foundation for
sustained growth. At the same time, our technology partnership with Hutchinson marks an important
strategic milestone, significantly enhancing our capabilities in advanced sealing systems and
reinforcing our position as a preferred technology-driven mobility solutions partner.”
Registere d office: 54, Okhla Industrial Estate, Phase III, New Delhi-110020 +91-011-62560000 info@ppapco.com www.ppapco.in
CIN: L74899DL1995PLC073281
PPAP Automotive Limited
About PPAP Automotive Limited:
Established in 1978, PPAP began its journey as a manufacturer of custom-engineered extrusion
products. In 1985, the Company entered the automotive sector by supplying plastic profiles for the
first generation of Maruti vehicles, marking the beginning of a remarkable growth story. PPAP is
leading manufacturer of high-quality plastic extrusion systems, injection-moulded components,
rubber-based sealing solutions, Plastic Injection molds and energy storage solutions. The Company
operates manufacturing and distribution facilities across India.
Safe Harbor:
Statements in this document relating to future status, events, or circumstances, including but not
limited to statements about plans and objectives, the progress and results of research and
development, potential project characteristics, project potential and target dates for project related
issues are forward-looking statements based on estimates and the anticipated effects of future events
on current and developing circumstances. Such statements are subject to numerous risks and
uncertainties and are not necessarily predictive of future results. Actual results may differ materially
from those anticipated in the forward-looking statements. The company assumes no obligation to
update forward-looking statements to reflect actual results changed assumptions or other factors.
For further information, please contact
Company: PPAP Automotive Limited Investor Relations Advisors: Strategic Growth Advisors
CIN: L74899DL1995PLC073281 CIN: U74140MH2010PTC204285
Ms. Pankhuri Agarwal Mr. Karan Thakker / Mr. Aseem Kohli
investorservice@ppapco.com karan.thakker@sgapl.net / aseem.kohli@sgapl.net
+91 81699 62562 / +91 87083 72029
www.ppapco.in www.sgapl.net
Registere d office: 54, Okhla Industrial Estate, Phase III, New Delhi-110020 +91-011-62560000 info@ppapco.com www.ppapco.in
CIN: L74899DL1995PLC073281