PPAP Automotive Peer Comparison

NSE: PPAP | BSE: 532934

₹235.80

₹-10.45 (-4.24%)

As on 28-Sep-2026IST

Market cap

₹343 Cr

Revenue (TTM)

₹607 Cr

P/E Ratio

7.4

P/B Ratio

Div. Yield

0.6 %

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	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
Market cap (₹ Cr)	343	13,846	12,950	6,114	6,240
Revenue (₹ Cr)	607	5,208	9,497	5,506	5,690
Net Profit (₹ Cr)	46.14	381.78	195.67	212.24	156.62
Net Margin (%)	7.56	7.26	2.06	3.85	2.74
RoE (%)	1.24	29.66	26.17	12.08	16.31
Price to Earnings	7.39	42.72	65.66	28.78	38.17
Price-To-Book	1.00	10.58	6.97	3.44	4.74

Income Statement (₹ Cr)

	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
Operating Revenue	606.80	5,207.57	9,497.18	5,505.84	5,690.44
Total Income	610.08	5,258.27	9,517.02	5,509.04	5,711.90
Total Expenditure	552.21	4,483.75	8,641.21	4,954.18	5,259.44
EBITDA	54.59	723.82	855.97	551.66	431.00
Depreciation	36.05	189.21	334.94	141.87	121.73
EBIT	18.54	534.61	521.03	409.79	309.27
Interest	17.38	107.08	128.55	126.68	117.60
Other Income	3.27	50.70	19.84	3.20	21.46
Exceptional Items	49.79	-14.50	-104.88	0.00	0.00
Profit before Tax	54.22	463.73	307.44	286.31	213.13
Provision for Tax	8.08	81.95	111.77	74.07	56.51
Profit after Tax	46.14	381.78	195.67	212.24	156.62

	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
Shareholder's Funds	341.12	1,210.22	1,780.34	1,804.81	1,041.46
Minority Interest	0.00	-57.71	-2.88	0.00	-2.96
Non-Current Liabilities	59.52	596.42	429.32	400.10	408.67
Current Liabilities	340.72	1,874.60	2,627.19	1,626.46	2,063.33
Total Liabilities	567.58	3,235.22	4,667.23	--	3,189.30

	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
Non-Current Assets	360.76	1,676.48	2,144.09	2,132.70	1,589.10
Current Assets	348.90	1,977.06	2,317.24	1,635.79	1,804.28
Total Assets	567.58	3,235.22	4,667.23	--	3,189.30
Total Debt*	166.15	768.39	948.78	--	724.70
Net Current Assets	8.19	102.46	-309.94	9.33	-259.05
Contingent Liabilities	15.40	30.18	209.24	--	33.48

	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
Cash From Operating Activities	52.19	290.49	736.72	--	400.47
Cash Flow from Investing Activities	-35.40	-216.10	-246.33	--	-213.23
Cash from Financing Activities	-17.24	-53.26	-490.45	--	-187.53
Net Cash Inflow / Outflow	-0.46	21.14	-0.05	--	-0.29

	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
ROCE (%)	5.74	24.44	13.01	--	16.67
ROE (%)	1.24	29.66	26.17	12.08	16.31
ROA (%)	7.05	10.63	4.10	5.87	4.66
EBIT Margin (%)	3.06	10.27	5.49	7.44	5.43
Net Margin (%)	7.56	7.26	2.06	3.85	2.74
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
Revenue Growth (%)	10.74	33.28	14.66	19.94	17.47
EBIT Growth (%)	-8.73	46.84	11.46	8.46	15.23
Net Profit Growth (%)	1,295.28	58.09	38.32	5.13	38.44
EPS Growth (%)	-16.22	79.19	57.63	5.18	39.49
Book Value Growth (%)	2.11	18.37	4.54	--	9.79

	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
Price / Earnings	88.04	41.21	28.57	28.77	34.72
Price / Book Value	1.00	10.58	6.97	3.44	4.74
Dividend Yield (%)	0.62	0.27	0.18	0.39	0.62
EV/EBITDA	9.20	20.03	15.71	12.56	16.07
Market Cap (₹ Cr)	228.36	3,677.04	6,573.82	--	1,418.10

	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
Debt to Equity	0.12	0.31	0.12	0.15	0.25
Short term debt to equity ratio	0.26	0.33	0.25	--	0.32
Current Ratio	1.02	1.05	0.88	1.01	0.87
Quick Ratio	0.74	0.83	0.53	0.42	0.51
Interest Coverage	4.12	5.33	3.39	3.26	2.81

	PPAP Automotive	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Wheels India
Debtors to sales (%)	17.11	19.49	7.73	11.06	14.37
Asset Turnover	0.93	1.45	1.99	1.52	1.69
Receivable days	46.05	68.09	26.11	--	58.74
Inventory Days	42.96	30.57	31.36	--	63.53
Payable days	74.98	97.27	88.80	--	133.28
Cash Conversion Cycle	14.03	1.39	-31.33	--	-11.01

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.