PPAP Automotive Limited

rs,

11th May, 2026 The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Symbol: 532934 The Listing Department The National Stock Exchange

50%

ic • Domestic • Domestic *PTI ceases to exist as a part of Ajay jain group by the sale of entire 50% stake in JV company, PPAP Tokai India Rubber 6 R 1 G 123 B 196 R 231 G 116 B 22 R 166

Rs. 100 crore

engineering-led manufacturing business Exit from PTI Joint Venture through sale of 50% stake for Rs. 100 crore, strengthen the balance sheet through debt reduction, and redeploy capital towards high-growth fut

rs 3,000

0 R 91 G 155 B 213 45+ Years of Excellence 5 Varied Technologies 50+ Diversified Customers 3,000+ No. of SKUs 5 Business Segments 10 Pan-India Operating Facilities 225k Parts Shipped Pe

18.6%

segments and gradual normalization in customer schedules. Consolidated revenue for Q4 FY26 grew by 18.6% YoY and 25.7% QoQ to INR 174.6 crore, while EBITDA increased by 12.9% YoY to INR 16.9 crore, refle

25.7%

gradual normalization in customer schedules. Consolidated revenue for Q4 FY26 grew by 18.6% YoY and 25.7% QoQ to INR 174.6 crore, while EBITDA increased by 12.9% YoY to INR 16.9 crore, reflecting resilien

INR 174.6 crore

lization in customer schedules. Consolidated revenue for Q4 FY26 grew by 18.6% YoY and 25.7% QoQ to INR 174.6 crore, while EBITDA increased by 12.9% YoY to INR 16.9 crore, reflecting resilient operational performanc

12.9%

revenue for Q4 FY26 grew by 18.6% YoY and 25.7% QoQ to INR 174.6 crore, while EBITDA increased by 12.9% YoY to INR 16.9 crore, reflecting resilient operational performance despite the impact of a one-ti

INR 16.9 crore

Q4 FY26 grew by 18.6% YoY and 25.7% QoQ to INR 174.6 crore, while EBITDA increased by 12.9% YoY to INR 16.9 crore, reflecting resilient operational performance despite the impact of a one-time employee benefit ob

2%

efit obligation arising from labour code changes, which impacted quarterly margins by approximately 2%. During the latter part of Q4 FY26, customer schedules and demand conditions remained softer than

INR 1.50

r continued commitment to shareholder value creation, the Board has recommended a final dividend of INR 1.50 per equity share for FY26, taking the total dividend for the year to INR 2.50 per equity share, sub

INR 2.50

a final dividend of INR 1.50 per equity share for FY26, taking the total dividend for the year to INR 2.50 per equity share, subject to shareholders’ approval. Looking ahead, while customer engagements and

“of SKUs 5 Business Segments 10 Pan-India Operating Facilities 225k Parts Shipped Per Day 300+ SKU Under Development 10 R 231 G 116 B 22 R 166 G 167 B 170 R 32 G 56 B 100 Business Updates Q4 & FY26 Highlights Way Forward Company Overview ESG Overview Historical Financials From the Chairman’s Desk Leading with Vision Mr.”

“Ajay Kumar Jain Chairman & Managing Director R 1 G 123 B 196 R 231 G 116 B 22 R 166 G 167 B 170 R 32 G 56 B 100 R 91 G 155 B 213 Commenting on the results and performance for Q4 & FY26, Mr.”

““We are pleased to report a strong sequential recovery during Q4 FY26, driven by improved execution across key business segments and gradual normalization in customer schedules.”

“Consolidated revenue for Q4 FY26 grew by 18.6% YoY and 25.7% QoQ to INR 174.6 crore, while EBITDA increased by 12.9% YoY to INR 16.9 crore, reflecting resilient operational performance despite the impact of a one-time employee benefit obligation arising from labour code changes, which impacted quarterly margins by approximately 2%.”

“During the latter part of Q4 FY26, customer schedules and demand conditions remained softer than anticipated, leading to a variance against the revised guidance issued in January 2026.”

“I am pleased to share that going forward, the Company along with all its subsidiaries will collectively operate under the unified identity of the “AJAY Group.” This marks an important milestone in our journey towards building a stronger, more integrated, and future-ready organization.”

“In line with our continued commitment to shareholder value creation, the Board has recommended a final dividend of INR 1.50 per equity share for FY26, taking the total dividend for the year to INR 2.50 per equity share, subject to shareholders’ approval.”

“In FY26, the company ~INR 30.4 Crore ~INR 57.5 Crore booked lifetime order of INR 840.0 Crore FY26 ~INR 840.0 Crore EV Non - EV ~INR 68.2 Crore ~INR 771.8 Crore • • • During the year, the company has secured a significant order from Tata Motors with lifetime value of INR 460 crore.”

“• Continue to grow topline at 20% plus per annum with a sharp focus on increasing number of SKUs • To strengthen distribution network for both domestic and international markets • The company aims to generate 10% of the overall revenue by FY27 from the aftermarket division”

“• Committed to fulfil order pipeline spanning across auto and non-auto customers • To enhance capacity up to 180 molds • To ramp up capacity utilisation and achieve operating leverage 23 R 1 G 123 B 196 R 231 G 116 B 22 R 166 G 167 B 170 R 32 G 56 B 100 R 91 G 155 B 213 FY26 Guidance (INR Cr) Particulars FY 25A FY 26E FY 26A Revenue INR 554.0 INR 577.0 INR 567.0 EBITDA INR 57.2 INR 58.0 INR 55.0 FY 26 Guidance”

CSR towards

1

Manufacturing of

1

Automotive Ltd said

1

Automotive Parts Business

1

Aftermarket Business

1

Tooling Business

1

Revenue

1

EBITDA

1

Actively leveraging growth opportunities in

1

Company

1

CSR towards

• • Plantation of Trees Education to Underprivilege sports encouragement • • Warehousing operations • Final assembly and Warehousing operations • Manufacturing of Plastic Injection tooling • Manufacturing of Li-Ion Battery packs • Nursery of plants • • OEM & OES Mobility Customers Internal Group companies

Manufacturing of

• Plastic Extrusion • Plastic Injection Molding • Rubber Extrusion • Domestic • Global • Domestic • Global • Domestic • Global • Domestic • Domestic • Domestic *PTI ceases to exist as a part of Ajay jain group by the sale of entire 50% stake in JV company, PPAP Tokai India Rubber 6 R 1 G 123 B 196 R 231 G 116 B 22 R 166 G 167 B 170 R 32 G 56 B 100 R 91 G 155 B 213 Proposed Restructuring of PPAP Group (1/2) Existing Structure 01 PPAP Automotive • Parts Business – Automotive body sealing and injection-molded components • Tools Business – Precision injection mold development for automotive and industrial applications. 02 Avinya Industrial Products 03 Avinya Batteries 04 ELPIS Automotive Parts • Extension of core competence of Plastic and Rubber processing to neighboring industries other than Automotive • Focus on Storage applications (Solar, Telecom, ESS, Inverter & UPS Batteries) • Sales of spare parts, accessories for after market 7 R 1 G 123 B 196 R 231 G 116 B 22 R 166 G 167 B 170 R 3

Automotive Ltd said

“We are pleased to report a strong sequential recovery during Q4 FY26, driven by improved execution across key business segments and gradual normalization in customer schedules. Consolidated revenue for Q4 FY26 grew by 18.6% YoY and 25.7% QoQ to INR 174.6 crore, while EBITDA increased by 12.9% YoY to INR 16.9 crore, reflecting resilient operational performance despite the impact of a one-time employee benefit obligation arising from labour code changes, which impacted quarterly margins by approximately 2%. During the latter part of Q4 FY26, customer schedules and demand conditions remained softer than anticipated, leading to a variance against the revised guidance issued in January 2026. Nevertheless, the quarter marked a meaningful improvement in business momentum and operational stability. I am pleased to share that going forward, the Company along with all its subsidiaries will collectively operate under the unified identity of the “AJAY Group.” This marks an important milestone in

Automotive Parts Business

• Focus on increasing content per vehicle through development of value-added products that will command higher margins • Timely execution of a robust order book over next 5 years • To increase exports which has commenced to USA and further, exploring for GCC countries • To onboard new customers and increase the share of business

Aftermarket Business

• Continue to grow topline at 20% plus per annum with a sharp focus on increasing number of SKUs • To strengthen distribution network for both domestic and international markets • The company aims to generate 10% of the overall revenue by FY27 from the aftermarket division

Tooling Business

• Committed to fulfil order pipeline spanning across auto and non-auto customers • To enhance capacity up to 180 molds • To ramp up capacity utilisation and achieve operating leverage 23 R 1 G 123 B 196 R 231 G 116 B 22 R 166 G 167 B 170 R 32 G 56 B 100 R 91 G 155 B 213 FY26 Guidance (INR Cr) Particulars FY 25A FY 26E FY 26A Revenue INR 554.0 INR 577.0 INR 567.0 EBITDA INR 57.2 INR 58.0 INR 55.0 FY 26 Guidance