PPAP Automotive Limited

rs,

4th February, 2023 The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Symbol: 532934 The Listing Department The National Stock Exchange

24.4%

l Highlights Key Highlights 9MFY23 Performance • • • • • • The standalone revenue grew by 24.4% to Rs 365.2 crores against corresponding period last year on account of supplying parts to newer m

Rs 365.2 crore

ghts Key Highlights 9MFY23 Performance • • • • • • The standalone revenue grew by 24.4% to Rs 365.2 crores against corresponding period last year on account of supplying parts to newer models across OEMs

27.5%

account of supplying parts to newer models across OEMs The company witnessed an EBITDA growth of 27.5% to Rs 34.4 crores on a YoY basis due to improved capacity utilisation. EBITDA margins stood at 9.4

Rs 34.4 crore

of supplying parts to newer models across OEMs The company witnessed an EBITDA growth of 27.5% to Rs 34.4 crores on a YoY basis due to improved capacity utilisation. EBITDA margins stood at 9.4% against 9.2% du

9.4%

.5% to Rs 34.4 crores on a YoY basis due to improved capacity utilisation. EBITDA margins stood at 9.4% against 9.2% during same period last year The Parts contributed 93.1% of the total revenues while

9.2%

4 crores on a YoY basis due to improved capacity utilisation. EBITDA margins stood at 9.4% against 9.2% during same period last year The Parts contributed 93.1% of the total revenues while Tools & Other

93.1%

ion. EBITDA margins stood at 9.4% against 9.2% during same period last year The Parts contributed 93.1% of the total revenues while Tools & Others contributed 6.9% of the revenues The capacity utilizati

6.9%

eriod last year The Parts contributed 93.1% of the total revenues while Tools & Others contributed 6.9% of the revenues The capacity utilization stood at 75% During the quarter, PPAP had begun supplyin

75%

l revenues while Tools & Others contributed 6.9% of the revenues The capacity utilization stood at 75% During the quarter, PPAP had begun supplying parts to newly launched vehicles of marquee OEMs such

234%

plying parts to newer models across OEMs. Similarly, EBITDA and PAT reported a growth of 27.5% and 234% on a YoY basis. The capacity utilization stood at 75%” However, for Q3FY23 operating profitability

24%

ing new products and achieving operational efficiencies” 5 Key Highlights Revenue EBITDA PAT +24% 365.2 +27% 34.4 +234% 5.6 293.7 27.0 9MFY22 9MFY23 9MFY22 9MFY23 9MFY22 9MFY23 1.7 I

Key Performance Highlights

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Application

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Investor Relations Advisors

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Key Performance Highlights

The decline in EBITDA for Q3FY23 on a YoY basis is due to: • Rise in raw material cost on the back of inflationary trend prevailing in the overall economy • • There was a hike in employee cost due to additional manpower hired as a part of the ongoing reorganization activity The increase in other expenses was on account of high energy and freight cost coupled with maintenance expenses of plants incurred by the company 8 Consolidated P&L – Q3 & 9M FY23 Particulars (INR Cr) Q3 FY23 Q3 FY22 Y-o-Y (%) Q2 FY23 Q-o-Q (%) 9M FY23 9M FY22 Y-o-Y (%) Revenue from operations 127.1 114.6 10.9% 128.5 -1.1% COGS Gross Profit Gross Profit Margin Employee Expenses Other Expenses EBITDA EBITDA Margin Other Income Depreciation Finance Cost Profit before Tax Tax expenses Profit for the year PAT Margins EPS 78.8 48.3 70.5 44.1 38.0% 38.5% 21.4 17.9 9.0 7.1% 0.4 7.7 3.3 -4.1 -0.4 -3.7 -2.9% -2.62 17.7 14.5 11.9 10.4% 0.3 7.7 1.8 1.8 0.7 1.1 1.0% 0.81 9.5% -23.9% - 77.5 51.0 39.7% 20.3 17.7 13.0 10.1% 0.3 7.

Application

Solar Street Light Mobile Towers UPS Tonnage – Upto 850 Tons Size – 1500 (L) x 1000 (W) x 850 (H) Mould Weight – Upto 8 Ton The battery packs are used in multiple products for providing back up power Containers for storing fertilizers, paints and lubricants 21 Aftermarket – A Large Opportunity • • • The Company has ventured into development of parts and accessories for aftermarket. The products are sold through the wholly owned subsidiary Elpis Components Distributors Private Limited Currently, this segment contributes 3% of revenue and is expected to increase to 10% by FY24 Distribution Network Car Accessories Shopelpis.com Amazon.com Note – Maps not to scale. All data, information, and maps are provided “as is” without warranty or any representation of accuracy, timeliness or completeness 22 • Interior accessories – Phone holder, Rear tray, charger sockets, Perfumes • Range of cleaning products Esteemed Clientele Passenger Vehicle Two Wheeler Battery Packs – EV Two Wheelers Tooling E

Investor Relations Advisors

CIN: L74899DL1995PLC073281 CIN: U74140MH2010PTC204285 Ms. Pankhuri Agarwal investorservice@ppapco.com Mr. Aakash Mehta / Mr. Rahul Agarwal aakash.s.m@sgapl.net / rahul.agarwal@sgapl.net +91 98706 79263 / +91 98214 38864 www.ppapco.in www.sgapl.net 35