Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug
Source: Bse
PPAP Automotive Limited (PPAP)
Small CapAuto stocks · Small cap · NSE
PPAP Automotive Limited operates in Sealing Systems, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:38 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
39BearishSMA20 -4.9% / mo · MACD + · sector -2.2pp vs Nifty 500 (3M)
Stock trend: 35
Sector RS: 44
Sector 3M: -7.8% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
PPAPD candles · FIT view+2.6%Latest close ₹224.76 on 2026-10-21
Bar
-3.8%
RSI
39
MACD hist
0.06
52W pos
24%
2026-10-21O ₹233.61H ₹238.70L ₹218.50C ₹224.76Vol 4,708 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
PPAPNifty AutoNifty 500
- PPAP
- -25.8%
- Nifty 500
- -6.5%
- Nifty Auto
- -7.8%
- Vs Nifty 500
- -19.3 pp
Chart stats
21 Oct 2026- From 52W high
- -40.8%
- 52W range position
- 24%
- ATR (14)
- 5.5%
- Volume vs 20D
- 0.59x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹218.5 - ₹262
₹379.5
₹176 - ₹379.5
₹12.3
Latest completed session
20-session average
49.9% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST42
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad22
Revenue +34.1% · PAT NDF YoY
Technical
Bearish39
Price trend and sector-relative-strength timing.
Valuation
Legacy model-0.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence60
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 22/100margin compression · Rev +34% YoY
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹156.4 Cr | +34.1% | -10.4% |
| EBITDA | ₹12.4 Cr | +33.2% | -26.9% |
| Operating margin | 7.9% | -5 bps | -178 bps |
| PAT | ₹0.9 Cr | NDF | -98.1% |
| PAT margin | 0.6% | +251 bps | -2547 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 79.50
- P/B
- 0.95
- EV/EBITDA
- 5.82
- Market Cap
- 323.00Cr
Profitability
- ROE
- -4.66%
- ROCE
- 3.64%
- ROA
- 6.21%
- Dividend Y
- 1.09%
Growth (CAGR)
- Revenue 5Y
- 12.00%
- EPS 5Y
- -1.00%
- Revenue 3Y
- 4.00%
- EPS 3Y
- -5.00%
Balance Sheet
- Debt/Equity
- 0.61
- Interest Coverage
- 3.24×
- Altman Z
- 2.33
- Book Value
- 242.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 7/5
- OCF
- 33.00 Cr
- EPS TTM
- 32.82
Shareholding
- Promoter Hold
- 64.31%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 26%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 156-10.4% vs prev
Net Profit
₹ CrLatest: 0.9-98.1% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 39.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~5.1% over last month) — short-term momentum negative.
- RSI(14) at 39 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 41% off 52W high · 28% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
47
RS percentile
Stage 1 Base / Transition
1M return
-4.6%
3M return
-25.8%
6M return
+6.9%
1Y return
-18.6%
RS 1D
-8
RS 20D
-19
Sector rank
#5
Industry rank
#30
Stage evidence
- Price is within 6.7% of the 30-week proxy.
- The 30-week proxy changed +1.7% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 107.9-0.95%
RS vs Nifty 500108
Valuation & peers
U-Score 42 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 42 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · WATCHLISTValuation24/30
Growth5/25
Quality0/20
Balance Sheet9/15
Cash Flow4/10
Piotroski
6/9 (+3)
Penalties
-3
Raw sum
42
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
42/100 · legacy band WATCHLIST
Positive drivers
- Valuation contributes 24/30 to the score.
- Balance sheet contributes 9/15 to the score.
- Cash flow contributes 4/10 to the score.
Main drags
- Penalty bucket subtracts 3 points.
- Fair-value margin of safety is negative at -0.4%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
79.5
PB
0.9
EV/EBITDA
5.8
ROE
-4.7%
ROCE
3.6%
FCF Yield
—
Debt/Equity
0.6
MoS
-0.4%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
42
Previous: 42
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-0.4%
Previous: -2.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
42
42
42
40
42
40
40
40
40
40
42
42
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹422.74
+46.8% MoS
Growth-justified P/E
6.8
Growth-justified Value
₹223.83
-0.4% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SETCO
Small
Setco Automotive Limited
Auto Components
match 141
47
108.0
1.9%
+93%
FAIR VALUE
KALYANIFRG
Small
Kalyani Forge Limited
Auto Components
match 139
46
27.8
10.1%
+41%
FAIR VALUE
TOLINS
Small
Tolins Tyres Limited
Auto Components
match 138
56
10.3
10.4%
+49%
FAIR VALUE
UCAL
Small
UCAL LIMITED
Auto Components
match 138
28
—
-5.3%
—
OVERVALUED
AUTOIND
Small
Autoline Industries Limited
Auto Components
match 137
55
15.5
11.2%
+76%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
PPAP Automotive Limited operates in Sealing Systems, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
60Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 28th percentile of the scored universe and 13th percentile within Auto. Main check: results consistency is weak at 35/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
125 docs text-extracted · 47 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
28th percentile
overall median 67 · Auto: 13th pctile, median 74 · Small: 32nd pctile, median 66
Evidence depth
Financial-only
125 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
40
weak · capital discipline
Results
35
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 64.3%.
- ▸Promoter pledge is zero.
- ▸7 years of positive FCF.
- ▸OPM spread across recent quarters is 3.3%.
Trust risks
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 3.6%.
- ▸ROE is low at -4.7%.
- ▸1/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching PPAP Automotive Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 10 Jun - PPAP partners with Hutchinson to manufacture advanced body sealing systems in India for passenger vehicles.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Restructuring 11 May - Board approved FY26 audited results, Rs1.5 dividend, CMD reappointment, WOS merger, tooling business slump sale, 37,917 ESOP shares.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.