This Auto Ancillary Company Secured Lifetime Orders Worth Rs 601 Crore During the Year; Stock Jumped Over 2 Per Cent on Friday
Over the past one and three years, the stock has delivered returns of -2.62 per cent and -4.01 per cent, respectively.
PPAP Automotive Ltd, a leading manufacturer of Automotive Sealing Systems, Interior & Exterior Automotive parts, has delivered a robust performance in FY25, driven by strategic wins and growing traction across both electric and traditional vehicle segments. The company secured lifetime orders worth Rs 601 crore during the year, reflecting its strengthening market position and deepening relationships with marquee OEMs.
The company continues to build a strong presence in the electric vehicle (EV) segment, with Rs 208 crore worth of new EV business secured during the year, alongside Rs 393 crore from non-EV platforms. These wins underscore PPAP’s growing relevance as a preferred supplier to both emerging EV players and established automotive OEM’s. Q4FY25 contribute Rs 188 crore in new lifetime orders—including Rs 59 crore from EV programs
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Commenting on the development, Mr. Abhishek Jain, MD & CEO of PPAP Automotive Ltd said, “We are pleased to see our strategic focus translating into tangible business wins, reinforcing PPAP’s position as a trusted and technology-driven partner in the automotive industry. The deepening engagement with all the passenger vehicle makers reflects the growing confidence in our capabilities and solutions. Looking ahead, we remain optimistic that our robust order pipeline, expanding premium product portfolio, and commitment to operational excellence will continue to drive sustainable growth and enhance stakeholder value.”
PPAP Automotive Ltd was incorporated in 1995 and operates in the automotive and ancillary sector, catering primarily to the passenger vehicle market. The company specializes in plastic and rubber-based extrusion systems and high-precision plastic injection tooling. It also manufactures Li-Ion battery pack solutions for electric two- and three-wheelers. Its prominent clients include Maruti, Hyundai, KIA, Tata, Mahindra, Toyota, and MG Hector, with its top two customers accounting for over 70 per cent of the company’s FY23 revenue. Additionally, PPAP Automotive runs a 50:50 joint venture with Japan’s Tokai Kogyo Co. Limited for manufacturing EPDM rubber components.
On the financial front, PPAP Automotive has a market capitalization of Rs 255 crore. As of May 16, 2025, the stock trades at Rs 185.65, with a 52-week high of Rs 235.7 and a 52-week low of Rs 161.25. Over the past one and three years, the stock has delivered returns of -2.62 per cent and -4.01 per cent, respectively. The company’s price-to-earnings (PE) ratio data is currently unavailable. Among notable public shareholders are Manohar Devabhaktuni (2.52 per cent), Tokai Kogyo Company Limited (1.60 per cent), and I M Infrastructure And Hospitality LLP (1.26 per cent).
With a strategic focus on electric mobility and a premium product portfolio, PPAP Automotive continues to position itself for long-term growth. As the auto industry evolves with rising EV adoption and OEM partnerships, the company’s order book momentum could support further performance improvement in upcoming Quarterly Results.
Disclaimer: The article is for informational purposes only and not investment advice.