PPAP

What PPAP Automotive promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 14 tracked 1 delivered 4 missed 9 open
  • Aftermarket Revenue Share of Total delivered said Q4 FY25 Promised: 5% to 6% in FY26 Q1 FY27: Aftermarket business contributed 6% to total revenue in Q1 FY27, confirming the FY26 target was met.
  • FY26 Consolidated Revenue missed said Q4 FY25 Promised: INR 600 crores to INR 660 crores Q1 FY27: Historical promise, final verdict stands.
  • Battery Business Profitability & Utilization at risk said Q4 FY26 Promised: Profitable at PBT level and 100% utilization in FY27 Q1 FY27: Management stated the battery business continues to contribute to losses and remains a 'cause of concern'. Q1 contribution was 'not that good'.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 14 tracked commitments for PPAP Automotive — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens