PPAP Automotive Ltd
PPAPPPAP Automotive Ltd
PPAPPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
-38.26 | 1.06 | 0.58% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
39.22 | 6.82 | 0.72% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
PPAP Automotive Limited is engaged in manufacturing of automotive parts.
Investor Presentation
View olderPeers
Compare with peersSamvardhana Motherson International Ltd
Bosch Ltd
UNO Minda Ltd
Schaeffler India Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 319.73 | 348.44 | 402.06 | 405.56 | 360.09 | 324.30 | 422.92 | 512.52 | 524.58 | 526.92 | ||||||||||
Raw Materials | 170.60 | 179.30 | 196.58 | 210.44 | 189.85 | 175.51 | 230.89 | 306.80 | 284.04 | 477.57 | ||||||||||
Power & Fuel Cost | 8.54 | 7.75 | 9.45 | 10.95 | 8.69 | 8.38 | 9.23 | 13.36 | 14.94 | |||||||||||
Employee Cost | 49.78 | 53.26 | 63.23 | 71.33 | 66.22 | 62.19 | 72.24 | 82.91 | 95.19 | |||||||||||
Selling & Administrative Expenses | 25.17 | 24.87 | 30.94 | 25.67 | 27.61 | 26.46 | 33.06 | 40.56 | 43.02 | |||||||||||
Operating & Other expenses | 11.35 | 11.61 | 12.35 | 8.35 | 17.04 | 17.91 | 40.94 | 30.85 | 46.37 | |||||||||||
EBITDA | 54.29 | 71.65 | 89.51 | 78.82 | 50.68 | 33.85 | 36.56 | 38.04 | 41.02 | 49.35 | ||||||||||
Depreciation/Amortization | 24.67 | 24.39 | 25.99 | 26.00 | 25.72 | 26.47 | 29.47 | 31.12 | 34.15 | 34.60 | ||||||||||
PBIT | 29.62 | 47.26 | 63.52 | 52.82 | 24.96 | 7.38 | 7.09 | 6.92 | 6.87 | 14.75 | ||||||||||
Interest & Other Items | 8.08 | 6.34 | 4.57 | 4.27 | 2.92 | 4.15 | 6.95 | 12.04 | 14.93 | 15.30 | ||||||||||
PBT | 21.54 | 40.92 | 58.95 | 48.55 | 22.04 | 3.23 | 0.14 | -5.12 | -8.06 | -0.55 | ||||||||||
Taxes & Other Items | 7.50 | 12.97 | 19.64 | 14.81 | 3.84 | 1.13 | 0.92 | 0.83 | 4.98 | 7.32 | ||||||||||
Net Income | 14.04 | 27.95 | 39.31 | 33.74 | 18.20 | 2.10 | -0.78 | -5.95 | -13.04 | -7.87 | ||||||||||
EPS | 10.03 | 19.96 | 28.08 | 24.10 | 13.00 | 1.50 | -0.56 | -4.25 | -9.31 | -5.62 | ||||||||||
DPS | 2.00 | 3.00 | 4.50 | 4.50 | 3.00 | 1.00 | 1.50 | 1.50 | 1.25 | 1.25 | ||||||||||
Payout ratio | 0.20 | 0.15 | 0.16 | 0.19 | 0.23 | 0.67 | — | — | — | -0.22 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
PPAP Automotive Ltd | -23.09 | 1.06 | 0.58% |
Samvardhana Motherson International Ltd | 42.09 | 4.05 | 0.47% |
Bosch Ltd | 41.65 | 8.61 | 1.07% |
UNO Minda Ltd | 71.11 | 11.89 | 0.18% |
Price Comparison
Compare PPAP with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.58%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.81 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateNov 19, 2024
Dividend/Share
₹1.00
Ex DateEx Date
Nov 19, 2024
Cash Dividend
Ex DateEx DateSep 6, 2024
Dividend/Share
₹1.25
Ex DateEx Date
Sep 6, 2024
Cash Dividend
Ex DateEx DateSep 8, 2023
Dividend/Share
₹0.50
Ex DateEx Date
Sep 8, 2023
Cash Dividend
Ex DateEx DateNov 18, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Nov 18, 2022
Cash Dividend
Ex DateEx DateSep 8, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Sep 8, 2022
Revenue from operations rose 0.59% to Rs 1,413.06 crore during the quarter. Profit before tax (PBT) soared 125.45% YoY to Rs 7.44 crore during the quarter. Operating EBITDA stood at Rs 17.9 crore, registering the growth of 36.64% as compared with Rs 13.1 crore posted in same quarter last year. Operating EBITDA margin was 12.7% in Q2 FY25 as against 9.3% in Q2 FY24. Maruti Suzuki and SMG is the largest customer of the company and it contributes 52% to the overall revenues. The company has commenced supplying parts to Maruti's New Swift Dzire. The company expects to conclude FY25 with revenues being in the range of approximately Rs 550 crore to Rs 575 crore and aim to maintain EBITDA margins between 11% to 12%. Ajay Kumar Jain, chairman & MD of PPAP Automotive, said, 'On a standalone basis, EBITDA registered a growth of 45.5% on a YoY basis to Rs 29.9 crore. EBITDA margins saw a sharp uptick, rising from 8.2% in H1FY24 to 11.5% in H1FY25, reflecting a robust growth of 230 basis points. This margin expansion can be attributed to the optimized utilization of existing assets, coupled with the softening of raw material prices. Furthermore, the company's profitability has grown by 6.5x to Rs 7.1 crore in H1FY25, compared to Rs 1.1 crore in the same period last year. On a consolidated basis, we are pleased to share that the company has also turned profitable, reporting a PAT of Rs 3.3 crore for H1FY25.' Meanwhile, the company's board has declared interim dividend of Re 1 per share. The record date for the payment of interim dividend is Wednesday, 20 November, 2024. The interim dividend shall be paid within 30 days of declaration. PPAP Automotive is a leading manufacturer of Automotive Sealing Systems, Interior and Exterior Automotive parts in India. The company's state of the art manufacturing facilities are located in all the major Automotive Passenger Vehicle manufacturing hubs in North, West and South India. The company has a current market captilisation of Rs 312.72 crore.Powered by Capital Market - Live
PPAP Automotive announced that the Board of Directors of the Company at its meeting held on 8 November 2024, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of PPAP Automotive rose 429.63% to Rs 2.86 crore in the quarter ended September 2024 as against Rs 0.54 crore during the previous quarter ended September 2023. Sales declined 2.39% to Rs 144.86 crore in the quarter ended September 2024 as against Rs 148.40 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales144.86148.40 -2 OPM %11.248.11 - PBDT12.559.09 38 PBT3.850.46 737 NP2.860.54 430 Powered by Capital Market - Live
PPAP Automotive will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live
PPAP Automotive has fixed 20 November 2024 as the record date for the purpose of payment of interim dividend, if declared.Powered by Capital Market - Live
PPAP Automotive announced that the Annual General Meeting (AGM) of the company will be held on 13 September 2024.Powered by Capital Market - Live
PPAP Automotive announced that the Annual General Meeting (AGM) of the company will be held on 13 September 2024.Powered by Capital Market - Live
Net profit of PPAP Automotive reported to Rs 0.10 crore in the quarter ended June 2024 as against net loss of Rs 2.75 crore during the previous quarter ended June 2023. Sales rose 5.35% to Rs 122.68 crore in the quarter ended June 2024 as against Rs 116.45 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales122.68116.45 5 OPM %9.635.38 - PBDT8.724.21 107 PBT0.10-4.01 LP NP0.10-2.75 LP Powered by Capital Market - Live
PPAP Automotive will hold a meeting of the Board of Directors of the Company on 10 August 2024.Powered by Capital Market - Live
PPAP Automotive - Margin Recovery Holds Key, Wait Gets Longer: ICICI Direct
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.28%, vs industry avg of 8.46%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.19% to 0.16%