PPAP Automotive CEO, MD, chairman, board of directors and AGM
NSE: PPAPBSE: 532934Auto ComponentsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹215.83.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹293 Cr2,132nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 7 Aug 2026
- 6.3
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹50 crore of one-off items, the largest of them in the quarter to Mar 2026.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 11 May 2026
- 0.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.21%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 7 Aug 2026
- 14.7%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹50 crore of one-off items, the largest of them in the quarter to Mar 2026.
- −1.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- 3.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 11 May 2026
- 0.59
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,52577.9% delivered
PPAP Automotive board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorAjay Kumar JainRelated to the promoter
- Managing director and CEOAbhishek Jain
- Company Secretary and Compliance OfficerPankhuri Agarwal
6 directors3 independent2 executive1 non-executive
- Ajay Kumar Jain · Chairperson and managing directorExecutive · joined Oct 1995 · reappointed Nov 2023 · 1 listed board
- Abhishek Jain · Managing director and CEOExecutive · joined Dec 2006 · reappointed Apr 2025 · 1 listed board · 2 committee seats
- Vinay Kumari JainNon-executive · joined Dec 2013 · 1 listed board · 1 committee seat, 1 as chair
- Deepak Kumar SethiIndependent · joined Feb 2023 · reappointed Feb 2023 · 40 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Rohit RajputIndependent · joined Nov 2023 · reappointed Nov 2023 · 31 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Meeta MakhanIndependent · joined Jun 2026 · reappointed Jun 2026 · 0 months as independent · 4 listed boards · 4 as independent · 8 committee seats, 3 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Celine George, left 13 Apr 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 11 May 20265 of 5 present2 independent · 44 days in between
- 27 Mar 20265 of 6 present2 independent · 41 days in between
- 13 Feb 20266 of 6 present3 independent
Audit Committee
Chair Deepak Kumar Sethi
Rohit Rajput, Abhishek Jain, Meeta Makhan
- 11 May 20263 of 3 present2 independent · 86 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Rohit Rajput
Vinay Kumari Jain, Deepak Kumar Sethi
- 11 May 20262 of 2 present1 independent
Stakeholders Relationship Committee
Chair Vinay Kumari Jain
Meeta Makhan, Abhishek Jain
- 11 May 20262 of 2 present1 independent
Corporate Social Responsibility Committee
Chair Rohit Rajput
Deepak Kumar Sethi, Ajay Kumar Jain
- 11 May 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- TR Chadha & Co LLPPeer-review certificate valid to Sep 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
PPAP Automotive AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.PPAP Automotive dividend history
Meeting called by the tribunal, 30 Sep 2026
15,675 shareholders on the register on 22 May 2026; present: 8 promoters and 36 others; votes counted by Himanshu Kaushik / Kaushik & Associates.The company's voting result (opens in a new tab)
- Approval of amalgamation of Avinya Batteries Limited with PPAP Automotive LimitedSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 64.58% · promoters 100.00% · institutions 0.00% · other public 0.92%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 18 Sep 2026, 7 resolutions
16,752 shareholders on the register on 11 Sep 2026; present: 7 promoters and 52 others; votes counted by Ms. Ayushi Jain / APAC & Associates LLP.The company's voting result (opens in a new tab)
Adoption of audited financial statements (standalone and consolidated) of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and Auditors’ thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 65.19% · promoters 100.00% · institutions 0.00% · other public 2.95%
Declaration of final dividend of Rs. 1.5/- (15%) and confirmation of payment of interim dividend of Rs. 1/- (10%) per equity share (face value of Rs 10/- each) for the financial year ended 31st March, 2026MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 65.19% · promoters 100.00% · institutions 0.00% · other public 2.95%
- Re-appointment of Mrs. Vinay Kumari Jain (DIN: 00228718), who retires by rotation and being eligible, offers herself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 65.19% · promoters 100.00% · institutions 0.00% · other public 2.95%
Re-appointment for a term of three consecutive years commencing from 1st November, 2026 to 31st October, 2029, not liable to retire by rotation and revision in remuneration w.e.f. 1st April 2026 of Mr. Ajay Kumar Jain, Chairman and Managing Director of the CompanyMoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 65.19% · promoters 100.00% · institutions 0.00% · other public 2.95%
- Revision in remuneration payable to Mr. Abhishek Jain, Chief Executive Officer and Managing Director of the Company w.e.f. 1st April 2026SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 65.19% · promoters 100.00% · institutions 0.00% · other public 2.95%
- Appointment of Mrs. Meeta Makhan (DIN: 07135150) as an Independent Director of the Company for a term of two consecutive years w.e.f. 25th June, 2026 to 24th June, 2028 (both days inclusive)Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 65.19% · promoters 100.00% · institutions 0.00% · other public 2.95%
- Ratification of remuneration of the Cost Auditor for the financial year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 65.19% · promoters 100.00% · institutions 0.00% · other public 2.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2025, 5 resolutions
16,121 shareholders on the register on 18 Sep 2025; present: 4 promoters and 55 others; votes counted by Mr. Chetan Gupta / APAC & Associates LLP.The company's voting result (opens in a new tab)
Adoption of audited financial statements (standalone and consolidated) of the Company for the financial year ended 31st March, 2025, together with the Reports of the Board of Directors and Auditors' thereonMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.55%
Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 4.07%
Declaration of final dividend of Rs. 1.50/- (15%) per equity share and confirmation of interim dividend of Rs. 1/- (10%) per equity share (face value of Rs 10/- each) for the financial year ended 31st March, 2025MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.76%
Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 4.07%
- Re-appointment of Mr. Abhishek Jain (DIN: 00137651), Chief Executive Officer and Managing Director of the Company who retires by rotation and being eligible, offers himself for reappointmentOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.92%
Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 4.07%
- Ratification of the remuneration payable to Jangira & Associates, Cost Accountants for the financial year 2025-26Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.89%
Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 4.07%
Appointment of M/s NKJ & Associates, as Secretarial Auditor of the Company for a term of five consecutive years i.e., to hold the office from the conclusion of the 30th Annual General Meeting till the conclusion of the 35th Annual General Meeting of the CompanyMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.68%
Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 4.07%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 13 Sep 2024, 5 resolutions
Present: 8 promoters and 59 others.The company's voting result (opens in a new tab)
- Approval of audited financial statements of the Company together with report of Board of Directors and Auditors thereon for the financial year ended March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.29% · promoters 99.01% · institutions 0.00% · other public 4.47%
- Declaration of final dividend of Rs. 1.25/- per equity shares for the financial year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.29% · promoters 99.01% · institutions 0.00% · other public 4.47%
- Appointment of Director in place of Mrs. Vinay Kumari Jain (DIN: 00228718), Director of the Company who retires by rotation and being eligible offer herself for reappointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 65.29% · promoters 99.01% · institutions 0.00% · other public 4.47%
- Reappointment of Mr. Abhishek Jain (DIN: 00137651), Chief Executive Officer and Managing Director of the Company for a term of three years from April 1, 2025 to March 31, 2028.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 65.29% · promoters 99.01% · institutions 0.00% · other public 4.47%
- Ratification of remuneration of M/s Jangira & Associates (Firm Registration no. 103597), Cost Auditor for the financial year 2024-25.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.29% · promoters 99.01% · institutions 0.00% · other public 4.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 20 Jan 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Rohit Rajput (DIN: 07944150) as an Independent Director of the Company for the first term of five consecutive years with effect from 9th November, 2023 to 8th November, 2028.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.14%
Turnout: all 65.02% · promoters 100.00% · institutions 0.00% · other public 0.06%
- Payment of remuneration by way of commission upto an amount of Rs. 10,00,000 for the Financial Year 2024 to Mr. Deepak Kumar Sethi (DIN : 03605973), Independent Dirrector of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.14%
Turnout: all 65.02% · promoters 100.00% · institutions 0.00% · other public 0.06%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 15 Sep 2023, 7 resolutions
Present: 8 promoters and 57 others.The company's voting result (opens in a new tab)
Adoption of audited financial statements (standalone and consolidated) of the Company for the financial year ended 31st March, 2023, together with the Reports of the Board of Directors and Auditors’ thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 66.22% · promoters 100.00% · institutions 0.00% · other public 4.14%
Declaration of final dividend of Rs. 0.5/- (5%) and confirmation of payment of interim dividend of Rs. 1/- (10%) per equity share (face value of Rs 10/- each) for the financial year ended 31st March, 2023.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 66.22% · promoters 100.00% · institutions 0.00% · other public 4.14%
- Re-appointment of Mr. Abhishek Jain (DIN: 00137651), Chief Executive Officer and Managing Director of the Company who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 66.22% · promoters 100.00% · institutions 0.00% · other public 4.14%
Appointment of M/s TR Chadha & Co LLP, Chartered Accountants (ICAI Firm Registration No. 006711N/ N500028), as the Statutory Auditors of the Company from the conclusion of the 28th Annual General Meeting of the Company to hold such office for a period of 5 (five) consecutive years till the conclusion of the 33rd Annual General Meeting of the CompanyMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 66.22% · promoters 100.00% · institutions 0.00% · other public 4.14%
Re-appointment of Mr. Ajay Kumar Jain (DIN: 00148839) as Chairman and Managing Director of the Company, not liable to retire by rotation, for a term of 3 years from 1st November, 2023 to 31st October, 2026.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 66.22% · promoters 100.00% · institutions 0.00% · other public 4.14%
Waiver of recovery of excess managerial remuneration paid to Mr. Ajay Kumar Jain (DIN: 00148839), Chairman & Managing Director of the Company for the financial year 2022-23, due to inadequacy of profit in the said financial year.MoreLess
Special99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.24%
Turnout: all 66.22% · promoters 100.00% · institutions 0.00% · other public 4.14%
- Ratification of remuneration payable to Jangira & Associates, (Firm Registration No. 103597) Cost Accountants for the financial year 2023-24.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 66.22% · promoters 100.00% · institutions 0.00% · other public 4.14%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 15 May 2023, 1 resolution
The company's voting result (opens in a new tab)
- To advance loan(s) and to give guarantee(s), provide security(ies) in terms of Section 185 of the Companies Act, 2013.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.29%
Turnout: all 65.98% · promoters 100.00% · institutions 0.00% · other public 3.32%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 31 Mar 2023, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Deepak Kumar Sethi as an Independent Director of the Company for the first term of five consecutive years with effect from 4th February, 2023 to 3rd February, 2028.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.09%
Turnout: all 66.11% · promoters 99.79% · institutions 0.00% · other public 4.23%
- Payment of remuneration by way of commission to Non-Executive Directors of the Company for anperiod three financial years.Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 1.46%
Turnout: all 66.11% · promoters 99.79% · institutions 0.00% · other public 4.23%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.