Newspaper advertisement-Audited Financial Results for quarter and year ended March 31, 2026
PPAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PPAP Automotive reported FY26 consolidated revenue of Rs 56,705.22 lakhs, slightly up from Rs 55,400.55 lakhs in FY25. The company posted net profit after tax of Rs 4,319.39 lakhs, a significant jump from Rs 699.71 lakhs in FY25, primarily due to a Rs 210 crore gain from selling its 50% stake in PPAP Tokai India Rubber Private Limited to Tokai Kogyo Co. Ltd, effective January 1, 2026. Standalone revenue for FY26 was Rs 53,620.54 lakhs vs Rs 53,764.17 lakhs in the prior year. The board recommended a dividend of Rs 1.50 per share. Key corporate actions include transfer of Tools Manufacturing Division to wholly-owned subsidiary Meraki Precision Tool Engineering and proposed merger of Avinya Batteries Limited with the company.
The exceptional gain from PTI stake sale inflated FY26 profits significantly, masking flat core operations. The Rs 210 crore cash infusion strengthens the balance sheet, while the tools division transfer and Avinya merger signal strategic restructuring. Shareholders can expect the dividend payout but should monitor underlying business performance.