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PPAP Automotive Ltd (PPAP) Share Price & Fundamentals

SegmentOfferingsAdvantages / MoatCustomersHigh-Margin AreasRevenue (₹ Cr.)Revenue %How We EarnPricing ModelGrowth DriversTop Brands
Automotive PartsManufacturing and supplying engine-agnostic automotive sealing and injection molded parts to OEMs and Tier-1 suppliers.Long-standing OEM relationships, technical collaborations, integrated manufacturing across plastics and rubber.Major OEMs like Maruti Suzuki, Honda, Tata Motors, Hyundai, Suzuki Motorcycle; B2B focus.Value-added sealing solutions and complex injection molding parts.45081Sales revenue from OEM contracts and Tier-1 suppliers based on volume and product complexity.Contract manufacturing with negotiated pricing per vehicle content, sometimes tiered by volume.Expanding EV content, new model launches, higher parts per vehicle, and expanding OEM partnerships.Automotive sealing systems, interior and exterior parts for 4W, 2W, 3W
AftermarketSale of spare parts and accessories for automotive aftermarket through pan-India distributors and e-commerce.Extensive distributor network and growing brand recognition in aftermarket segment.End consumers, automotive service centers, and distributors; B2C and B2B mix.High-demand accessories and value-added aftermarket products.305Retail and wholesale sales to distributors and customers, growing e-commerce channel.Direct sales with margin on SKU volumes and expanding SKU count.Expanding distribution network, new SKU launches, e-commerce growth, and increasing vehicle parc.Elpis Automotive Parts
Commercial Tool RoomDesign and manufacture of high-precision injection molds and tools for automotive and white goods sectors.Advanced tooling technology, captive tooling for in-house automotive parts.Auto manufacturers and white goods producers; B2B.Complex precision molds.153Tooling orders from OEMs and industrial customers, project-based revenues.Project quotation based, with contracts for tool design and production.Increasing tooling demand from automotive and electrical industries.Meraki Precision Tool Engineering
Industrial ProductsPlastic extrusion and injection molded products for packaging, construction, and electrical industries.Leverages established plastic processing capabilities and manufacturing footprint.Various industrial sectors; B2B.Specialized sealing systems and injection molded products.153Sales of industrial plastic components to diverse sector clients.Contract and project sales.Export expansion and industrial sector growth.Avinya Industrial Products
Li-ion Battery BusinessDesign and manufacture of lithium-ion battery packs for energy storage and mobility applications.In-house design with advanced testing and assembly facilities.Solar energy companies, telecom, automotive, and energy storage sectors; B2B.Customized battery pack assembly and integration.204Project sales and contracts for battery packs and customized energy solutions.Contract manufacturing and sales agreements.Growing renewable energy adoption and EV battery requirements.Avinya Lithium-ion Battery

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