ftInvstr
PPAP · Consumer Cyclical ₹250.25 +10.0% Mkt Cap ₹350 Cr

PPAP

Consumer Cyclical Auto Parts
₹250.25
+10.0% today · 30d +4.05%
as of 2026-11-09
Price · Daily Candles
“PPAP Automotive's Q4 Profit Soars 1779% Amidst Sluggish Annual Sales, FIIs Trim Holdings”
PPAP Automotive (PPAP) shows a mixed performance, with Q4FY26 net profit surging by an impressive 1779.99% YoY to ₹45.0 Cr, despite annual revenue growth remaining subdued at 2.35% for FY26. The stock trades at a TTM P/E of 6.92, significantly below the sector average, but its ROCE of 4.0% lags peers substantially.
BULL CASE
+Quarterly net profit for Q4FY26 witnessed an exceptional 1779.99% YoY increase, reaching ₹45.0 Cr.
+The company's TTM P/E ratio is a low 6.92, suggesting it is significantly undervalued compared to sector peers.
+The stock is trading 27.41% below its 52-week high of ₹294.79.
+Annual net profit for FY26 showed a strong recovery, growing 517.31% YoY to ₹43.0 Cr.
BEAR CASE
−Annual revenue growth for FY26 was modest at 2.35% YoY to ₹567.0 Cr, indicating slow top-line expansion.
−PPAP's ROCE of 4.0% is considerably lower than sector peers, which range from 18.08% (SONACOMS) to 31.31% (SCHAEFFLER).
−FIIs slightly decreased their stake by 0.04% QoQ in Q4FY26.
−The company exhibits negative FCF yield of -12.19% and has negative free cash flow of -₹36.0 Cr, impacting intrinsic value calculations.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹178 Cr
+29.84% YoY
NET PROFIT
₹2 Cr
OPM
9.46%
+0.01pp YoY
EPS
₹1.75
PE 6.92
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-10.4% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Trading at a TTM P/E of 6.92, PPAP Automotive appears cheap compared to Auto Parts peers averaging P/E between 38.11 and 98.06, but suffers from a substantially lower ROCE of 4.0% versus a sector range of 18.08% to 31.31%.
PEERPEROCE %
PPAP6.924.0
BOSCHLTD38.1121.47
BHARATFORG98.0624.38
SCHAEFFLER57.0131.31
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒

9 ML-predicted forward-growth ranks across sales, EBIT, and FCF.

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54
SCORE / 100
Overall
6-axis composite of the sections below.
Performance NEUTRAL 40
Valuation CHEAP 90
Growth STEADY 66
Profitability AVERAGE 42
Technicals WEAK 33
Risk MODERATE 50
Key Stats
TTM PE
6.92
P/B
1.13
52W HIGH
₹379.5
OFF HIGH
-34.06%
DIV YIELD
1.18%
MKT CAP
₹350 Cr
◉ Active Signals
MACDNeutral3.7622
RSI(14)Bullish63.91
⧉ Strategy Fit 🔒

See which of ftInvstr's 50+ strategies hold PPAP and at what entry.

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