PPAPAUTOMOTIVE / guidance tracker

Keep management guidance in view.

PPAP Automotive · forward-looking guidance across the available source record.

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Guidance tracker

What management said would happen.

FY26 Revenue Guidance of ₹575 crore

Management reiterated full-year FY26 consolidated revenue guidance of approximately ₹575 crore.

revenue

FY26 EBITDA Guidance of ₹58 crore

Management guided for FY26 EBITDA of ₹58 crore, implying a margin of ~10.1%.

margins

FY26 PAT Guidance of ₹8 crore (ex-JV gain)

PAT for FY26 is expected at ₹8 crore, excluding the extraordinary gain from the JV stake sale.

growth

Aftermarket Business to Grow 30% in FY27

Management expects the aftermarket business to grow by another 30% in FY27, targeting monthly revenue of ₹5 crore.

growth

FY27 guidance deferred to Q1 FY27 earnings

Management will provide FY27 guidance during Q1 FY27 earnings call due to demand uncertainty and geopolitical volatility.

revenue

Battery business expected to be profitable at PAT level in FY27

Battery segment losses reduced to ~₹0.4 crore in Q4; management expects full recovery and profitability in FY27.

margins

Capacity utilization to improve to 80-82% in FY27

Management anticipates utilization improving from 78% in Q4 to 80-82% over FY27, driving margin expansion.

growth

Tooling business to double mold output to ~300 per year in 3 years

Tooling division produced 148 molds in FY26; target is to reach ~300 molds annually within 3 years.

growth