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PPAP Automotive Limited (PPAP) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹3.6B

PA PPAP Automotive Limited PPAP · NSE
Price₹256.48
Fair Value₹297.38
Upside+15.9%
Quality49/100
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Evidence: High Range ₹232.41 – ₹602.60

Fair value as of: Jul 3, 2026

From 17 valuation models · updated today

Share price +20.2% over the past month.

Price vs Fair Value (12 months)

₹277.75 ₹176.94 Fair Value ₹297.38 Jul 2025 Jul 2026

12‑month range ₹176.94 – ₹277.75 · fair‑value band ₹232.41 – ₹602.60 · the ₹256.48 price screens below the ₹297.38 fair value. As of Jul 3, 2026.

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Analysis

PPAP Automotive Limited (PPAP) currently trades at ₹256.48, while our model-based Fair Value estimate is ₹297.38 — implying the stock looks roughly 15.9% undervalued today. We read business quality at 49/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, PPAP Automotive Limited generated revenue of ₹5.7B at a net margin of 7.6%. Revenue grew 18.6% year over year. It earns a return on equity of 13.7%. Net debt stands at ₹2.0B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹5.7B
Revenue growth (YoY) +18.6%
Net margin 7.6%
Return on equity 13.7%
Free cash flow −₹324M FY2026
P/E ratio 8.4
More key figures
Operating margin 4.3%
EPS (TTM) ₹30.49
Dividend yield 1.0%
EPS growth (YoY) +1,771%
Net debt ₹2.0B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

PPAP Automotive Limited manufactures and sells automotive sealing systems and injection-moulded plastic parts in India and internationally. The company offers automotive products, including interior/exterior products, and body sealing system products; aftermarket products, including body side moulding, bumper, fender lining, battery box, front lower grill, mud flap, wiper, horn, door visor, grill, double armed hook, jimny power supply glaco glass compound products, and car accessories comprising smartphone holder, drink holder, ash bottle, rear tray, jimny drink holder, perfume, and trash box; and industrial Products, such as Architectural, includes PVC, thermoplastics, EPDM rubber, container sealing, electrical panel sealings, air handing units sealings, custom and tailored profiles, pail containers, custom and tailored moulded products, such as washing m/c tub, a / c grill, and cooler body. The company also offers commercial toolrooms, such as gas-assist moulds, multi-cavity …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

PPAP Automotive Limited reported revenue of ₹5.7B in FY2026 versus ₹4.2B in FY2022, a compound +7.7%/yr. Reported net income was ₹432M in FY2026.

Revenue +7.7%/yr
FY22 ₹4.2B
FY23 ₹5.1B
FY24 ₹5.2B
FY25 ₹5.5B
FY26 ₹5.7B
Net income
FY22 −₹7.9M
FY23 −₹59.4M
FY24 −₹130M
FY25 ₹70.0M
FY26 ₹432M

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Similar stocks

6 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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Frequently asked questions

Is PPAP Automotive Limited (PPAP) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹297.38 versus a price of ₹256.48 — about +16% (undervalued). Model-based estimate, not financial advice.
What is the fair value of PPAP?
Our model-based fair value for PPAP Automotive Limited is ₹297.38 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹256.48.
What is the quality score of PPAP?
PPAP Automotive Limited has a Quality Score of 49/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PPAP Automotive Limited (PPAP)?
PPAP Automotive Limited reported trailing-twelve-month revenue of about ₹5.7B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of PPAP?
The net profit margin of PPAP Automotive Limited is about 7.6%, meaning it keeps roughly 7.6% of revenue as net income. Based on the latest reported figures.
Does PPAP Automotive Limited pay a dividend?
PPAP Automotive Limited currently shows a dividend yield of about 1.00% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.