PPAP Automotive Limited (532934) fair value: what the stock is really worth
We calculate from audited financials what PPAP Automotive Limited is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Watch PPAP Automotive Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
60‑month range ₹145.13 – ₹372.30 · fair‑value band ₹45.78 – ₹123.96 · the ₹236.95 price screens above the ₹99.77 fair value. Dashed = 300-day average. As of Sep 13, 2026.
PPAP Automotive Limited manufactures and sells automotive sealing systems, and interior and exterior automotive parts in India.
Show more
PPAP Automotive Limited manufactures and sells automotive sealing systems, and interior and exterior automotive parts in India. Its automotive sealing systems include weather strip outers, weather strip inner molding roofs, molding windshields, air spoilers, trim door openings, rail component side doors, cowl top seals, sun roof drain hoses, trim door openings, back door openings, weather strip trunk lids, door seals, secondary seals, hood seals, air DAMs, seat liners, roof mouldings, door partitions, CTR uppers, glass run channels, slide rails, door sub seals, door seals, DAM windshields, and waist seal outers. The company's interior and exterior injection molded products comprise door trims, pillar garnishes, lining rear panels, rear trays, trunk sides, tail gates, weather strip partitions, instrument panels, cover engine upper/under, ECU covers, box batteries, molding hoods, fender inners, splash guards, duct cooling products, fuel pipes, cover steering joints, center console with boot components, bumpers, fender linings, fog lamps garnish products, radiator grill garnish products, body side moldings, rear bumper garnish products, wheel covers, door sashes, corner covers, door mouldings, rear pillars, trunk linings, LNG rear panels, CTR pillar lowers, and front pillars. It also exports its products to Japan, Brazil, Mexico, Venezuela, Thailand, the United Kingdom, South Africa, Argentina, and the United States. The company primarily serves automotive manufacturers. The company was formerly known as Precision Pipes and Profiles Co. Ltd. and changed its name to PPAP Automotive Limited in May 2014. PPAP Automotive Limited was founded in 1978 and is based in Noida, India.
Stock analysis
PPAP Automotive Limited (532934) currently trades at ₹236.95, while our model-based Fair Value estimate is ₹99.77, implying the stock looks roughly 137.5% overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of ₹137.78 per share, and 4 of the 25 models we run sit above the ₹236.95 price.
Bear case: the Earnings-Based group reads lowest at ₹30.24, and 21 of the 25 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹45.78 (bear) to ₹123.96 (bull), the price of ₹236.95 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 57/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
PPAP Automotive Limited reported revenue of ₹5.5B in FY2025 versus ₹3.2B in FY2021, a compound +14.5%/yr. Reported net income was ₹70.0M in FY2025, compounding +35.1%/yr from FY2021.
Key figures
Market cap ₹3.3B (≈ $35.0M) · P/E ratio 11.4 · P/S ratio 0.14 · EPS (TTM) ₹13.01 · Dividend yield 2.3% · Net margin 1.3% · Return on equity −1.2% · Return on assets (EBIT) 2.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 37% below its 52-week high and 34% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −34% fair-value upside, at −58%, 532934 screens richer than that median.
Fair Value models
Bear ₹45.78Fair Value ₹99.77Bull ₹123.96
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (₹7.51 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+5.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.0%
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.6%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−15.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.5%
Dividend (yield on the price)2.3%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 4%
Compare PPAP Automotive Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Auto Parts · 657 stocks
Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside−62% · Bottom 25%
Profitability
Return on assets0% · Bottom 25%
Net margin (TTM)−1% · Bottom 25%
Operating margin (TTM)0% · Bottom 25%
Growth and dividend
Revenue growth−3% · Below median
Dividend yield (TTM)2.3% · Above median
Balance sheet
Debt / equity0.21× · Above median
Valuation Multiplesvs Auto Parts median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is PPAP Automotive Limited (532934) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of ₹99.77 versus a price of ₹236.95, about −58% upside (overvalued).
What is the fair value of 532934?
Our model-based fair value for PPAP Automotive Limited is ₹99.77 (as of Sep 13, 2026), built from audited fundamentals. The current price: ₹236.95.
What is the quality score of 532934?
PPAP Automotive Limited has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for PPAP Automotive Limited (532934)?
Our model-based price target is the fair value of ₹99.77 (as of Sep 13, 2026) from 25 valuation models. Cautious scenario ₹45.78, optimistic scenario ₹123.96. It is a calculation from audited fundamentals, not an analyst target.
What is the PPAP Automotive Limited stock forecast for 2026?
Our models put fair value at ₹99.77, about −58% upside versus a price of ₹236.95 (overvalued). Cautious scenario ₹45.78, optimistic scenario ₹123.96. The calculation is refreshed regularly with new filings.
What is the revenue of PPAP Automotive Limited (532934)?
PPAP Automotive Limited reported trailing-twelve-month revenue of about ₹2.8B (latest available figure, as of Sep 13, 2026).
Does PPAP Automotive Limited pay a dividend?
PPAP Automotive Limited currently shows a dividend yield of about 2.32% relative to its recent price (as of Sep 13, 2026).
What is the intrinsic value of PPAP Automotive Limited (532934)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PPAP Automotive Limited it is ₹99.77 per share (as of Sep 13, 2026), against a price of ₹236.95. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is PPAP Automotive Limited stock overvalued or undervalued in 2026?
As of Sep 13, 2026, 532934 trades above its calculated fair value: price ₹236.95, fair value ₹99.77, a gap of about −58% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 532934?
No. The price is what the market pays today (₹236.95); the fair value is what the company's own numbers justify (₹99.77). For PPAP Automotive Limited the two are ₹137.18 per share apart. That gap is exactly why we show both numbers side by side.
How much is PPAP Automotive Limited worth?
The market values PPAP Automotive Limited at about ₹3.3B (market capitalisation, as of Sep 13, 2026). Per share that is ₹236.95; our models calculate a fair value of ₹99.77 per share.
What do the bullish and bearish scenarios say about 532934?
Our models span a range for PPAP Automotive Limited: cautious scenario ₹45.78, base ₹99.77, optimistic ₹123.96 per share (as of Sep 13, 2026, price ₹236.95). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 532934?
PPAP Automotive Limited trades at a price-to-earnings ratio of 11.4 (as of Sep 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹99.77 is built from several models across several years. Other multiples: P/S 0.0, EV/EBITDA 2.6.
How solid is the balance sheet of PPAP Automotive Limited (532934)?
Balance-sheet figures for PPAP Automotive Limited (as of Sep 13, 2026): return on equity −1.2%, debt of 0.21 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is 532934 from its 52-week high?
PPAP Automotive Limited trades at ₹236.95, about 37% below its 52-week high of ₹377.25 and 34% above the low of ₹177.05 (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of ₹99.77 is for.
Which stocks are comparable to PPAP Automotive Limited?
From the same area (Consumer Cyclical) we also value O'Reilly Automotive, Inc, AutoZone, Inc, Hyundai Mobis Co, Fuyao Glass Industry Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is PPAP Automotive Limited stock attractive at the current price?
The data as of Sep 13, 2026: price ₹236.95, calculated fair value ₹99.77 (−58%), Quality Score 57/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 532934 calculated?
We run PPAP Automotive Limited through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹99.77, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.8 % above its aggregate fair value. PPAP Automotive Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What should I pay attention to with PPAP Automotive Limited right now?
The price sits above even our optimistic bull case (₹123.96). The favourable scenario is already priced in. The model range is unusually wide (₹45.78 to ₹123.96). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of PPAP Automotive Limited
How large is the market capitalisation of PPAP Automotive Limited (532934)?
The market capitalisation of PPAP Automotive Limited is ₹3.3B (≈ $35.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of PPAP Automotive Limited (532934)?
The price-to-sales ratio of PPAP Automotive Limited is 0.14 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of PPAP Automotive Limited (532934)?
Earnings per share at PPAP Automotive Limited are ₹13.01 (price ÷ EPS = P/E 11.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of PPAP Automotive Limited (532934)?
The dividend yield of PPAP Automotive Limited is 2.3% (payout 42.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of PPAP Automotive Limited (532934)?
The net margin of PPAP Automotive Limited is 1.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of PPAP Automotive Limited (532934)?
The return on equity (ROE) of PPAP Automotive Limited is −1.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of PPAP Automotive Limited (532934)?
On an EBIT basis the return on assets of PPAP Automotive Limited is 2.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of PPAP Automotive Limited (532934)?
The operating margin of PPAP Automotive Limited is −0.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at PPAP Automotive Limited (532934)?
Revenue at PPAP Automotive Limited is growing −2.9% versus a year earlier (3y avg +9.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at PPAP Automotive Limited (532934)?
Earnings per share at PPAP Automotive Limited are growing −8.0% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch PPAP Automotive Limited in the live analysis
One click puts PPAP Automotive Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
