PPAP Automotive Limited has informed the Exchange regarding a press release dated May 16, 2025, titled "Press Release".
PPAP · price
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Awaiting price reaction for this filing.
PPAP Automotive, a manufacturer of automotive sealing systems and interior/exterior parts, secured lifetime order wins worth approximately INR 601 crore during FY25. Out of this, INR 208 crore came from electric vehicle (EV) programs and INR 393 crore from non-EV (traditional) vehicle platforms. In Q4 FY25 alone, the company bagged INR 188 crore in new lifetime orders, including INR 59 crore from EV programs. The orders reflect growing traction with both established OEMs and emerging EV players such as Maruti Suzuki, Tata Motors, Mahindra, Hyundai, KIA, MG Motors, and others.
Strong order book visibility across both EV and traditional vehicle segments signals healthy future revenue growth and reinforces the company's position as a preferred supplier to leading OEMs, which is positive for long-term shareholder value.