PPAP PPAP Automotive Q4 FY26 results (Jan–Mar 2026) and concall
PPAP Automotive reported a strong sequential recovery in Q4 FY26 with consolidated revenue up 18.6% YoY and EBITDA up 12.9% YoY, driven by improved execution and capacity utilization. The company undertook significant strategic reforms, including the divestment of a JV stake for INR100 crores, hiving off its tooling business, and merging its battery subsidiary. Despite headwinds like slower demand recovery and one-time PAT impacts, the company is focused on operational efficiencies and long-term growth, deferring FY27 guidance until Q1 FY27 due to market volatility.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q4 FY26: revenue up 14.9%, net profit up 722.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 141 | 135 | 142 | 111 | 133 −6% | 129 −5% | 163 +15% |
| EBITDA | 18 | 15 | 16 | 10 | 13 −26% | 12 −22% | 18 +14% |
| Net profit | 6 | 3 | 4 | -0 | 2 −65% | 1 −76% | 31 +722% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.




