5329342025-10-012025-12-315329342025-04-012025-12-315329342025-10-012025-12-31in-capmkt:OtherExpenses1Member5329342025-04-012025-12-31in-capmkt:OtherExpenses1Member5329342025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15329342025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25329342025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15329342025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25329342025-10-012025-12-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares532934PPAPNOTLISTEDINE095I01015PPAP AUTOMOTIVE LIMITEDMain BoardEquity2025-04-012026-03-312026-02-132026-02-09INRLakhsQuarterlyThird quarterSingle segmentManufacturing of automotive components2026-02-1313:40:002026-02-1316:00:00Declaration of unmodified opinion2025-10-012025-12-31UnauditedConsolidated13888330004286000139311900081728900020063000-6056100027857400043885000873140002081090001394673000-15540000-15540005315000-5682000-3670000-11870000001848000661000-6480000-58190006610000-64800000141151000100.050.05000.050.05Notes to Statement of Unaudited Consolidated Financial Results for the quarter and nine months ended 31st December, 2025: <BR> <BR> 1. 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). <BR> <BR> 2. The above financial results have been reviewed by the Audit Committee in its meeting held on 13th February, 2026 and then approved by the Board of Directors in its meeting held on 13th February, 2026. The limited review, as required under Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulatiuons, 2015 has been completed by the Statutory Auditors for the quarter and nine months ended 31st December, 2025 and they have expressed an unmodified opinion on the aforesaid results. <BR> <BR> 3. The above consolidated financial results includes results of PPAP Tokai India Rubber Private Limited, Joint Venture of the Company in which the Company holds 50% stake and five subsidiary companies. The Company together with its subsidiaries is herein referred to as the Group. <BR> <BR> 4. During the quarter, the Company has granted an aggregate of 45,425 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. <BR> <BR> 5.The Group is primarily engaged in the business of manufacturing of automotive components, development and sale of plastic injection molds, development and sale of components for consumer goods, trading of automotive accessories, development and sale of Battery packs for Electric vehicles and storage application. The company operates only in one reportable segment i.e. automotive component as per Ind AS 108 (Operating Segment) and hence no separate disclosure is required for segments. <BR> <BR> 6. Current Tax consists of tax amounting to Rs. 43.08 lakh related to earlier year for FY 2024-25. <BR> <BR> 7. The Central Government has notified four new Labour Codes, effective from 21st November, 2025 and pending issuance of the detailed Rules. The Group has conducted an initial evaluation and, at this stage, does not anticipate any material impact. However, a detailed assessment is currently underway to determine its implications, including any potential effect on the financial statements. Since this exercise is still in progress, any impact, if identified, will be accounted for after the implementation process is completed in the subsequent quarter. <BR> <BR> 8. Pursuant to a Settlement Agreement effective from 1st January 2026, executed with Tokai Kogyo Co. Ltd. (“Tokai”) and PPAP Tokai India Rubber Private Limited (“PTI”), the Company has agreed to divest its entire 50% equity stake in PTI to Tokai for a cash consideration of Rs.10,000 lakhs. <BR> As the transaction remained subject to completion of certain sale formalities and legal transfer of ownership as at the reporting date, no accounting impact has been recognized in the financial statements for the current reporting period. Accordingly, the investment in PTI continues to be accounted for under the equity method. <BR> <BR> 9. The Company has transferred its entire 50% stake in PTI to Tokai on 13th Febraury 2026. and accordingly, PTI has ceased to be a joint venture of the Company post completion of the transaction.2025-04-012025-12-31UnauditedConsolidated3924700000105300003935230000223920800058123000-1363820008046100001288350002604940006135380003968426000-331960000-331960005315000-12693000-73780000-258180000003310000-225080002986000-19522000-2250800002986000014115100010-1.59-1.5900-1.59-1.59Other Expenses208109000Other Expenses613538000(a) Gain / (loss) on defined benefit obligation-9424000(b) Share of OCI of joint venture572000-8852000(a) Gain / (loss) on defined benefit obligation1698000(b) Share of OCI of joint venture17150003413000-237200042700000-64800002986000UnauditedtrueTR Chadha & Co LLPtrue2028-09-30