Integrated Filing — IndAS

General information about company
Scrip Code	532934
NSE Symbol	PPAP
MSEI Symbol	NOTLISTED
ISIN	INE095I01015
Name of company	PPAP AUTOMOTIVE LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	16-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Manufacturing of automotive components
Start date and time of board meeting	16-May-2025   15:00:00
End date and time of board meeting	16-May-2025   16:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	No
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-02-07
Indicate Company website link for updated RPT policy of the Company	https://www.ppapco.in/financials#disclosure_under_regulation_46_of_lodr
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
No default made

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1423176000	5376417000
	Other income	11522000	45845000
	Total income	1434698000	5422262000
2	Expenses
(a)	Cost of materials consumed	814453000	2999757000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	18500000	74555000
(d)	Employee benefit expense	242718000	959115000
(e)	Finance costs	38923000	143690000
(f)	Depreciation, depletion and amortisation expense	78668000	320135000
(f)	Other Expenses
1	Other expenses	190952000	737251000
	Total other expenses	190952000	737251000
	Total expenses	1384214000	5234503000
3	Total profit before exceptional items and tax	50484000	187759000
4	Exceptional items	0	0
5	Total profit before tax	50484000	187759000
6	Tax expense
7	Current tax	6385000	32035000
8	Deferred tax	6297000	14796000
9	Total tax expenses	12682000	46831000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	37802000	140928000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	37802000	140928000
17	Other comprehensive income net of taxes	2329000	4010000
18	Total Comprehensive Income for the period	40131000	144938000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	140865000	140865000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.68	10.01
	Diluted earnings (loss) per share from continuing operations	2.67	9.96
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.68	10.01
	Diluted earnings (loss) per share from continuing and discontinued operations	2.67	9.96
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	2838493000
	Capital work-in-progress	238972000
	Investment property	5861000
	Goodwill	0
	Other intangible assets	88817000
	Intangible assets under development	25357000
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	660451000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	28549000
	Total non-current financial assets	689000000
	Deferred tax assets (net)	523000
	Other non-current assets	130313000
	Total non-current assets	4017336000
2	Current assets
	Inventories	486720000
	Current financial asset
	Current investments	44691000
	Trade receivables, current	715616000
	Cash and cash equivalents	6267000
	Bank balance other than cash and cash equivalents	961000
	Loans, current	379710000
	Other current financial assets	125151000
	Total current financial assets	1272396000
	Current tax assets (net)	0
	Other current assets	145595000
	Total current assets	1904711000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	5922047000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	140865000
	Other equity	3110918000
	Total equity attributable to owners of parent	3251783000
	Non controlling interest
	Total equity	3251783000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	573705000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	48244000
	Total non-current financial liabilities	621949000
	Provisions, non-current	48088000
	Deferred tax liabilities (net)	173371000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	843408000
	Current liabilities
	Current financial liabilities
	Borrowings, current	922016000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	163719000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	491127000
	Total Trade payable	654846000
	Other current financial liabilities	106883000
	Total current financial liabilities	1683745000
	Other current liabilities	130360000
	Provisions, current	12751000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	1826856000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	2670264000
	Total equity and liabilites	5922047000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block

Textual Information(1)

Notes to Statement of Standalone Financial Results for the quarter and year ended 31st March 2025.The above financial results have been prepared in accordance with Indian Accounting Standards Ind AS notified under Section 133 of the Companies Act 2013 read together with the Companies Indian Accounting Standards Rules 2015 as amended. n2 The above financial results have been reviewed by the Audit Committee in its meeting held on 16th May 2025 and then approved by the Board of Directors in its meeting held on 16th May 2025. The financial results for the year ended 31st March 2025 have been audited and for the quarter ended 31st March 2025 have been reviewed by the Statutory Auditors and they have expressed an unmodified opinion on the aforesaid results. nDuring the year the Company has granted an aggregate of 42250 stock options under Employee Stock Option Plan 2022 to the employees and the same has been considered while calculating the diluted EPS. These options shall vest at the end of 18 months from the date of grant. The compensation cost with respect to such options has been booked over the vesting period.The Company is primarily engaged in the business of manufacturing of automotive components development and sale of plastic injection molds and development and sale of components for consumer goods. The company operates only in one reportable segment ie automotive component as per Ind AS 108 Operating Segment and hence no separate disclosure is required for segments. nThe Board of Directors have considered and recommended a final dividend of Rs 1.50 per equity share of Rs. 10 each at their meeting held on 16th May 2025 subject to the approval of shareholders in the ensuing Annual General Meeting.The figures for the quarter ended 31st March 2025 and 31st March 2024 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the respective financial year.The figures for the quarter ended 31st March 2025 and 31st March 2024 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the respective financial year.

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	(a) Gain / (loss) on defined benefit obligation	3113000	5359000
	Total Amount of items that will not be reclassified to profit and loss	3113000	5359000
2	Income tax relating to items that will not be reclassified to profit or loss	784000	1349000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	2329000	4010000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			187759000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			134167000
	Adjustments for decrease (increase) in inventories			98322000
	Adjustments for decrease (increase) in trade receivables, current			-97445000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-44186000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			320135000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			2062000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-775000
	Adjustments for dividend income			0
	Adjustments for interest income			31858000
	Adjustments for share-based payments			7493000
	Adjustments for fair value losses (gains)			-1738000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-1400000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			384777000
	Net cash flows from (used in) operations			572536000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			15689000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			556847000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			44999000
	Other cash payments to acquire equity or debt instruments of other entities			34103000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			6934000
	Purchase of property, plant and equipment			90684000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			22656000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			9128000
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			275273000
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			31858000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-348053000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			865000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			425096000
	Repayments of borrowings			455343000
	Payments of lease liabilities			18726000
	Dividends paid			31695000
	Interest paid			132659000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			160000
	Net cash flows from (used in) financing activities			-212302000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-3508000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-3508000
	Cash and cash equivalents cash flow statement at beginning of period			9775000
	Cash and cash equivalents cash flow statement at end of period			6267000