PPAP Automotive Limited, a prominent Indian manufacturer of automotive sealing systems, and plastic-based interior and exterior parts, has reported a significant achievement in its order book performance for FY25. According to the latest announcement dated 16th May 2025, the company has secured lifetime order wins worth ₹601 crore for the financial year ending March 2025.

This marks a major milestone in the company’s pursuit of long-term growth, innovation, and strategic positioning in both the electric vehicle (EV) and traditional internal combustion engine (ICE) markets.

₹601 Crore Lifetime Orders in FY25: A Testament to Strategic Execution

PPAP’s lifetime order wins in FY25 stood at approximately ₹601 crore, a clear reflection of the company’s increasing market relevance and engineering capabilities. Out of this, ₹208 crore worth of orders were from the electric vehicle segment, a rising market globally and in India, while the remaining ₹393 crore came from the non-EV platform, demonstrating balanced traction across segments.

These figures reinforce PPAP’s role as a trusted partner to both new-age EV companies and established OEMs (Original Equipment Manufacturers). The successful acquisition of these orders shows the increasing confidence from OEMs in the company’s technical strength, production capabilities, and consistent quality standards.

Strong Q4 FY25 Performance: ₹188 Crore Order Inflow

PPAP Automotive continued its upward trend in the last quarter of FY25. In Q4 FY25, the company secured ₹188 crore worth of new lifetime orders, which included a significant ₹59 crore from EV platforms. This not only reflects the momentum built through the year but also points to the solid demand pipeline going forward.

According to Mr. Abhishek Jain, Managing Director and CEO of PPAP Automotive:

“We are pleased to see our strategic focus translating into tangible business wins, reinforcing PPAP’s position as a trusted and technology-driven partner in the automotive industry. The deepening engagement with all the passenger vehicle makers reflects the growing confidence in our capabilities and solutions.”

EV Segment Penetration and Technological Evolution

The growth in EV-related orders, amounting to ₹208 crore, is especially notable. As automakers across the globe pivot toward electric mobility, PPAP Automotive is aligning its product offerings and R&D to support this transition. With a clear aim to be future-ready, the company is proactively expanding its capabilities in high-tech plastics, battery pack enclosures, and lightweight polymer components, all of which are essential to EVs.

OEM Relationships and Manufacturing Infrastructure

The company’s clientele includes India’s top passenger vehicle OEMs, such as Maruti Suzuki, Honda Cars, Toyota, Renault-Nissan, Tata Motors, Mahindra & Mahindra, Hyundai, Skoda-Volkswagen, MG Motors, and KIA, among others. These long-standing associations reflect PPAP’s consistent focus on quality and delivery timelines.

With manufacturing facilities across major automotive hubs in North, West, and South India, the company ensures proximity to OEMs, enabling quick supply and cost-efficient operations.

Product Diversification and R&D Capabilities

PPAP Automotive has been consistently diversifying its product portfolio, which includes:

• Plastic and rubber-based extrusion systems

• Injection moulded components

• Lithium-ion battery pack solutions

• High-precision injection tooling

The company is investing in R&D, focusing on developing high-margin, high-technology components that align with current and future needs of electric and hybrid vehicles.

Vision for Sustainable Growth and ESG Commitment

In addition to financial growth, PPAP Automotive is making rapid progress on Environmental, Social and Governance (ESG) metrics. The company is striving for:

• Operational sustainability

• Energy efficiency

• Waste reduction

• Employee safety and community welfare

The management has reiterated its vision to be a global player, not just in revenue terms, but also in responsibility and innovation.

Company Background: Established Heritage with a Global Outlook

Established in 1978 for manufacturing custom-made extrusion products, PPAP forayed into the automotive business in 1985, and since then has grown in scale and technological sophistication. Over the years, the company has become a go-to vendor for sealing systems in India’s auto industry, and is now venturing into premium-grade, high-precision components for electric mobility.

With in-house tooling capabilities, cutting-edge injection moulding lines, and automation investments, PPAP aims to capture more share in the value-added segment, while also expanding international reach.

Safe Harbor Statement

PPAP Automotive, like many publicly traded companies, has issued a safe harbor statement, cautioning that any forward-looking statements are subject to risks and uncertainties. Changes in the macroeconomic environment, regulatory shifts, and evolving customer preferences may affect actual results.

Conclusion: Poised for the Future

FY25 has proven to be a landmark year for PPAP Automotive with robust order inflows, particularly in the EV space. The company’s strategic wins, established manufacturing base, and OEM partnerships signal a promising future. With a strong pipeline, continuous product innovation, and a clear roadmap toward sustainable operations, PPAP is well-positioned to deliver value to its stakeholders and lead India’s automotive component manufacturing evolution into the electric era.

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