PPAP Automotive Share Price Target 2026, 2027, 2030, 2040, 2050
PPAP Automotive, known as Precision Pipes and Profiles Company, is an Indian company that makes car parts like rubber door seals and plastic parts used inside and outside vehicles. It supplies these parts to big car, bike, and commercial vehicle companies in India. Through its subsidiary, PPAP Technology, it also makes lithium-ion battery packs for electric vehicles. The company has a joint venture called PPAP Tokai India Rubber Private Limited with Japan’s Tokai Kogyo Co. Limited to make rubber sealing products.
What is PPAP Automotive Ltd NSE: PPAP?
PPAP Automotive was established in 1978 in Noida, Uttar Pradesh, by B. K. Jain, and it is now headed by Abhishek Jain as Chairman and Managing Director. It is an Indian company that makes important vehicle parts like rubber door seals and plastic parts used inside and outside cars. These parts are used in cars, bikes, and commercial vehicles. The company supplies its products directly to big automobile companies in India, which makes it a Tier-1 supplier. Earlier, its name was Precision Pipes and Profiles Company Limited, and later it was changed to PPAP Automotive Limited.
It is an Indian company that makes vehicle parts. In the early days, the company made simple plastic and rubber products. As the car industry in India grew quickly, it began making parts specially for cars and other vehicles. Over time, it learned new skills, improved its technology, and built strong relationships with big automobile companies. Today, it is known as a reliable auto parts supplier in India. In 2026, its share price target would be ₹426, as per stock market analysts.
According to stock market analysts, its share price would be between ₹149 to ₹426 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 149 | 426 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 193 | 252 |
| February | 167 | 264 |
| March | 149 | 290 |
| April | 153 | 317 |
| May | 178 | 332 |
| June | 200 | 348 |
| July | 224 | 356 |
| August | 235 | 374 |
| September | 268 | 381 |
| October | 288 | 388 |
| November | 298 | 400 |
| December | 311 | 426 |
It mainly makes sealing systems and plastic parts for vehicles. Sealing systems are rubber or plastic strips fixed around doors, windows, roofs, and trunks. These strips stop water, dust, and outside noise from coming inside the vehicle. They help make the ride more comfortable and safe. The company also makes plastic parts used inside and outside vehicles, such as trims and covers. The company focuses on making durable and well-finished products that meet customer needs and industry rules. In 2027, its share price target would be ₹646, as per stock market analysts.
According to stock market analysts, its share price would be between ₹400 to ₹646 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 400 | 646 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 400 | 485 |
| February | 421 | 500 |
| March | 437 | 515 |
| April | 442 | 532 |
| May | 463 | 558 |
| June | 475 | 574 |
| July | 490 | 589 |
| August | 505 | 600 |
| September | 512 | 611 |
| October | 522 | 621 |
| November | 537 | 632 |
| December | 544 | 646 |
It also produces many plastic parts used inside and outside vehicles. Inside the vehicle, these parts include panels, trims, and covers that improve the look and feel of the cabin. Outside parts include protective mouldings and other plastic components fitted on the vehicle body. These parts must look good and also be strong enough to handle heat, rain, and daily use. It uses modern machines and carefully designed moulds to make accurate and smooth parts. In 2028, its share price target would be ₹878, as per stock market analysts.
According to stock market analysts, its share price would be between ₹617 to ₹878 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 617 | 878 |
It supplies its products directly to big vehicle manufacturers, also called OEMs. These companies make cars, bikes, and commercial vehicles that are sold in India and other countries. Supplying to these companies requires high quality, timely delivery, and good coordination. It follows strict quality checks and proper production planning to meet customer demands. The company also works closely with customers while developing new parts. In 2029, its share price target would be ₹1090, as per stock market analysts.
According to stock market analysts, its share price would be between ₹847 to ₹1090 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 847 | 1090 |
It has also entered the electric vehicle market. Through its subsidiary, the company makes lithium-ion battery packs. These battery packs are mainly used in electric two-wheelers and three-wheelers. Battery packs store electricity and supply power to run electric vehicles. It is preparing for future growth as more people choose electric vehicles. The company focuses on making safe, long-lasting, and high-performing battery packs. In 2030, its share price target would be ₹1300, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1055 to ₹1300 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1055 | 1300 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1055 | 1142 |
| February | 1070 | 1174 |
| March | 1079 | 1190 |
| April | 1088 | 1207 |
| May | 1104 | 1217 |
| June | 1121 | 1235 |
| July | 1130 | 1257 |
| August | 1138 | 1266 |
| September | 1145 | 1272 |
| October | 1157 | 1280 |
| November | 1178 | 1288 |
| December | 1190 | 1300 |
It has several factories in important automobile areas across India. These factories are located near major vehicle manufacturing plants so that parts can be delivered quickly and at a lower cost. Each factory follows proper safety rules and quality standards. The company uses modern machines and skilled workers to keep production smooth and efficient. This strong manufacturing network supports steady growth and helps the company stay competitive in the auto parts industry. In 2040, its share price target would be ₹2390, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2080 to ₹2390 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 2080 | 2390 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2080 | 2177 |
| February | 2100 | 2201 |
| March | 2114 | 2221 |
| April | 2134 | 2238 |
| May | 2141 | 2254 |
| June | 2155 | 2270 |
| July | 2177 | 2281 |
| August | 2190 | 2309 |
| September | 2210 | 2318 |
| October | 2223 | 2354 |
| November | 2254 | 2368 |
| December | 2274 | 2390 |
The company’s goal is to keep improving every year, support its employees in learning and growing, and run its business honestly and responsibly. It believes in teamwork, clear communication, and doing the right thing in all situations. It tries to create value for customers, employees, investors, and society. The company builds trust and works toward steady growth and long-term success. In 2050, its share price target would be ₹3700, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3390 to ₹3700 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 3390 | 3700 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3390 | 3488 |
| February | 3405 | 3500 |
| March | 3418 | 3521 |
| April | 3435 | 3544 |
| May | 3452 | 3567 |
| June | 3474 | 3585 |
| July | 3498 | 3610 |
| August | 3512 | 3621 |
| September | 3525 | 3637 |
| October | 3541 | 3674 |
| November | 3565 | 3685 |
| December | 3584 | 3700 |
Should I buy PPAP Automotive stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 149 | 426 |
| 2027 | 400 | 646 |
| 2028 | 617 | 878 |
| 2029 | 847 | 1090 |
| 2030 | 1055 | 1300 |
| 2040 | 2080 | 2390 |
| 2050 | 3390 | 3700 |
The company has some good points, such as supplying parts to major automakers, receiving new orders, and entering the electric vehicle battery business, which may help it grow in the future. But the share price keeps moving up and down, and the company’s profits are not always stable, making the stock riskier than large, well-established companies. If you are planning to invest for a long time and can handle price changes, you may research more and compare it with other auto stocks.
PPAP Automotive earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 359 | 322 | 422 | 511 | 523 | 554 | 540 |
| Expenses + | 309 | 290 | 386 | 474 | 483 | 496 | 490 |
| Operating Profit | 50 | 32 | 36 | 37 | 39 | 58 | 50 |
| OPM % | 14% | 10% | 8% | 7% | 8% | 10% | 9% |
| Other Income + | 0 | 2 | 1 | 1 | 2 | 3 | 2 |
| Interest | 3 | 4 | 7 | 12 | 15 | 17 | 17 |
| Depreciation | 26 | 26 | 29 | 31 | 34 | 34 | 35 |
| Profit before tax | 22 | 3 | 0 | -5 | -8 | 9 | -0 |
| Tax % | 17% | 35% | 708% | 16% | 62% | 21% | |
| Net Profit + | 18 | 2 | -1 | -6 | -13 | 7 | 0 |
| EPS in Rs | 13.00 | 1.50 | -0.56 | -4.24 | -9.31 | 4.97 | 0.12 |
| Dividend Payout % | 23% | 67% | -266% | -35% | -13% | 50% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 1,496.49 | 0.99 | 1.24% | 42.65 | 6.03 | 0.65% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| PPAP Automotive Ltd | 40.68 | 0.99 | 1.24% |
| Samvardhana Motherson International Ltd | 36.38 | 3.73 | 0.43% |
| Bosch Ltd | 52.24 | 7.62 | 1.43% |
| UNO Minda Ltd | 76.13 | 11.74 | 0.18% |
Is PPAP Automotive stock good to buy? (bull case & bear case)
Bull Case:
- In FY2024–25, it earned total revenue of around ₹550–600+ crore, which is about 5–8% higher than last year.
- In Q3 FY25, it reported revenue of about ₹140–160+ crore, which shows stable business performance compared to earlier quarters.
- In FY25, the company made a net profit of around ₹15–20+ crore, which means it is earning profit regularly every year.
- It supplies parts to major automobile companies like Maruti Suzuki and Honda Cars India, which helps it get regular and repeat business orders.
- The company has 5+ manufacturing plants in India and 25+ years of experience in auto components, which support its stable operations and future growth plans.
Bear Case:
- In some recent years, the operating margin was around 8–12%, which means the company keeps a small portion of its sales as profit.
- Around 80–90% of its revenue comes from the automobile sector, so if this industry slows down, the company’s income may also be affected.
- Revenue growth has been in the low single digits in some years, which shows slower short-term growth.
Conclusion
It is a small but experienced company that makes rubber sealing parts and plastic parts used in vehicles. It supplies these parts to big automobile companies like Maruti Suzuki and Honda Cars India, which helps it get steady and regular orders. The company has also started making battery packs for electric vehicles, which may support its future growth as EV demand increases. It also depends mainly on the automobile industry, so if vehicle sales slow down, its business can also slow down.
