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Quarterly Result7 Aug 2026, 05:30 pm

PPAP Automotive Q1 FY27 Revenue Up 34.1% to ₹156.4 Cr

AI Summary

PPAP Automotive Ltd announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27), reporting a strong start to the fiscal year. Consolidated revenue from operations surged by 34.1% year-on-year to ₹156.4 Crores, driven by robust model-based growth and favorable industry demand. EBITDA increased by 33.3% YoY to ₹12.4 Crores. The company achieved a Profit After Tax of ₹0.9 Crores, a significant improvement from a loss of ₹2.3 Crores in the prior year's quarter. Key business highlights include securing lifetime order wins of approximately ₹131 Crores, with a substantial increase in EV orders, and entering a strategic partnership with Hutchinson for advanced body sealing systems in India. The company expressed optimism for sustained growth, supported by a healthy order pipeline and new product initiatives.

Key Highlights

  • Consolidated revenue grew 34.1% YoY to ₹156.4 Cr in Q1 FY27.
  • EBITDA rose 33.3% YoY to ₹12.4 Cr, with PAT turning positive at ₹0.9 Cr.
  • Secured lifetime orders worth ~₹131 Cr, with significant growth in EV orders.
  • Entered strategic partnership with Hutchinson for advanced body sealing systems.
  • Management optimistic about sustained growth driven by order pipeline and new initiatives.