Auto Parts
Ppap Automotive Limited (NSE: PPAP) Achieves Record Quarterly and Half-yearly Revenues with Strong EV Traction
PPAP Automotive Limited (NSE: PPAP) reports record Q2 and H1 FY27 revenues, driven by strong EV traction and robust order wins.
PPAP Automotive Limited (NSE: PPAP) announced its unaudited financial results for the quarter and half-year ended 30th September 2026, marking significant milestones with record quarterly and half-yearly revenues. The company’s revenue from operations grew by 29.8% year-on-year to INR 177.8 crore in Q2FY27 and 31.8% year-on-year to INR 334.2 crore in H1FY27, driven by strong execution of the order book and broad-based growth across the automobile industry.
Strong EBITDA and Profitability
EBITDA increased by 23.0% year-on-year to INR 15.7 crores in Q2FY27 and 27.4% year-on-year to INR 28.1 crores in H1FY27. The company’s profitability saw a significant turnaround with consolidated PAT standing at INR 2.5 crores in Q2FY27 and a profit of INR 3.3 crores in H1FY27, compared to a loss of INR 2.3 crores in H1FY26.
Robust Order Wins
PPAP secured orders worth approximately INR 298 crore during Q2FY27, taking cumulative order wins for H1FY27 to INR 42.9 crore. EV-related order wins increased approximately 5.8 times to INR 15.7 crore in H1FY27 compared to INR 27 crores in H1FY26. Non-EV programs also contributed significantly, accounting for approximately INR 272 crores of H1FY27 order wins.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of PPAP Automotive Limited
PPAP Automotive Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.
PPAP falls 17.8% over three months and has not found a floor yet. Thin margins at 7.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. 1 loss quarter(s) over five years signals earnings fragility — not chronic but worth noting. The stock gains 4.0% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 3.4% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of PPAP Automotive Limited.
Auto Parts
Tvs Srichakra Limited (tvssrichak): Eurogrip Expands Global Presence with New Product Lines
TVS Srichakra Limited showcases Eurogrip’s new product lines at EICMA 2026 and SEMA 2026, reinforcing its global footprint.
TVS Srichakra Limited, a leading manufacturer of two and three-wheeler tyres, has reinforced its global footprint with the unveiling of new product lines at the EICMA 2026 and SEMA 2026. Eurogrip, the company’s flagship tyre brand, showcased its latest innovations at these prestigious global events.
Eurogrip’s New Product Lines
At EICMA 2026, Eurogrip unveiled Protorq Max, a new SuperSport tyre designed for versatility, promising confidence on winding roads and mountain passes. The tyre combines a radial structure with zero-degree steel belt for consistent behaviour in acceleration, braking, and cornering. Additionally, the newly launched Bee Sport for scooters offers sharper agility and grip for adrenaline-seeking riders.
Global Presence
Eurogrip also showcased Explo-R Plus, an adventure touring tyre for road riding and light off-road use, selected as original equipment for the newly launched Norton Atlas motorcycle. The brand’s growing global presence is further highlighted by its participation in several high-profile motorcycle launches at EICMA.
Future Prospects
Protorq Max and Bee Sport are expected to be available in India soon, expanding Eurogrip’s European portfolio to over 200 sizes across various applications. This expansion underscores Eurogrip’s commitment to delivering high-performance tyres through rigorous validation processes.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of TVS Srichakra Limited
TVS Srichakra Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.
TVS posts a 4.5% three-month gain, but softens in the last few weeks. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Revenue contracts at 6.8% CAGR. That signals structural headwinds, not a short-term blip. The stock gives back 8.0% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 6.8% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of TVS Srichakra Limited.
Auto Parts
Samvardhana Motherson International Limited Q2fy27: Revenue Up 27% Yoy, PAT Rises 49%
Samvardhana Motherson International Limited (MOTHERSON) reports Q2FY27 results with revenue up 27% YoY to Rs. 38,280 Cr, PAT rises 49% to Rs. 1,175 Cr.
Samvardhana Motherson International Limited (SAMIL) announced its financial results for the second quarter and half year of fiscal 2026-27, which ended on 30th September 2026. The company reported a record quarterly revenue of Rs. 38,280 crore, marking a 27% year-on-year increase. For the half-year, the revenue stood at Rs. 73,524 crore, up 22% from the previous year. The normalized profit after tax (PAT) for Q2FY27 was Rs. 1,175 crore, a 49% rise compared to the same period last year.
Record Revenue and Booked Business
The company’s booked business reached an all-time high of USD 106 billion. This robust performance underscores the continued trust of customers and the efforts of teams worldwide. The company’s capex for H1FY27 was Rs. 3,585 crore, representing 56% of EBITDA. The FY27 capex outlay is projected at Rs. 6,000 crore, +/- 10%.
Operational Highlights
SAMIL operationalized one plant during the quarter and announced five expansions, bringing the total number of facilities under construction to 17. The company’s leverage ratio remains at a healthy 0.8x, well within the 2.5x financial policy. Additionally, SAMIL announced the acquisition of Rotary Connectors (India) during the quarter, further strengthening its capabilities.
As we continue to integrate newly acquired businesses, we are actively working on identifying and realizing synergies across the group. These efforts are expected to create new opportunities for growth and further strengthen our capabilities. With a strong booked business and a healthy balance sheet, we remain well positioned to support our customers and pursue sustainable growth opportunities to create long-term value for our stakeholders.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Samvardhana Motherson International Limited
Samvardhana Motherson International Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.
Samvardhana rises 11.0% over three months, with buying pressure holding steady. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The business compounds revenue at 17.1% and profits at 37.2% CAGR. That is strong double-digit growth on both counts. The stock trades at 82% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 17.1%, profits at 37.2%, and the PEG sits at 1.04 — below its growth rate. That combination is rare. Check Fundamentals of Samvardhana Motherson International Limited.
Auto Parts
Uno Minda Limited (unominda) Delivers Record Q2 FY27 Performance with 38% Yoy Revenue and PAT Growth
UNO Minda Limited (UNOMINDA) reports record Q2 FY27 performance with 38% YoY revenue and PAT growth, alongside an additional investment in sunroof manufactur.
UNO Minda Limited (UNOMINDA) announced its financial results for the quarter ended September 30, 2026, delivering another record quarter with its highest-ever quarterly revenue and profit. The performance reflects strong business momentum, broad-based growth across product segments and continued progress in scaling its manufacturing capacities and technology-led businesses.
Record Revenue and Profit
For Q2FY27, Uno Minda reported consolidated revenue of ₹6,655 crores, registering a strong 38% year-on-year growth compared to ₹4,814 crores in Q2FY26. The growth was broad-based, driven by volume expansion, increasing value addition and a favourable product mix across key business segments, including Switches, Lighting, Alloy Wheels and Seating. The rapidly expanding Green Mobility comprising of EV Systems and Alternate Fuel businesses also contributed to the overall growth momentum.
Profitability and Expansion Plans
The Company reported EBITDA of ₹733 crores in Q2FY27 as against EBITDA of ₹552 crores in Q2FY26, reflecting a growth of 33% YoY. PAT attributable to shareholders of Uno Minda stood at ₹420 crore in Q2 FY27, registering a strong year-on-year growth of 38% compared to ₹304 crore in Q2 FY26. The growth in profitability reflects the strength of the Company’s diversified business portfolio and sustained operating performance. Additionally, the Board has approved an additional capital investment of approximately ₹85 crore towards expanding its Sunroof manufacturing capacity at Bawal, Haryana.
The proposed expansion is aimed at catering to incremental customer orders secured by the Company and the growing demand for advanced sunroof systems in the Indian passenger vehicle market. The additional capacity is expected to be commissioned by Q2 FY28. This expansion builds on the Company’s earlier strategic investment in Sunroof manufacturing.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of UNO Minda Limited
UNO Minda Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.
UNO moves sideways over three months, with neither buyers nor sellers taking control. Thin margins at 5.8% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 20.5% and profits at 22.4% CAGR. Both numbers are exceptional. The stock holds at 32% of its 52-week range with RSI at 39. In other words, neither side has a clear edge right now. Revenue grows at 20.5% and profits at 22.4%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of UNO Minda Limited.
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