PPAP Automotive (NSE:PPAP) ROCE %: 57.67% (As of Mar. 2026)


NSE:PPAP PPAP Automotive Ltd NSE:PPAP
74 GF Score
Price ₹231.17
GF Value ₹228.85
Valuation Fairly Valued
! 6 Warning Signs
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What is PPAP Automotive ROCE %?

PPAP Automotive NSE:PPAP -3.84% 74 ROCE % is 57.67% as of Mar. 2026. GuruFocus rates NSE:PPAP with a GF Score™ of 74/100 and a GF Value™ of ₹228.85 (Fairly Valued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. PPAP Automotive's annualized ROCE % for the quarter that ended in Mar. 2026 was 57.67%.

PPAP Automotive  (NSE:PPAP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

PPAP Automotive ROCE % Related Terms

PPAP Automotive ROCE % Historical Data

* Premium members only.

The historical data trend for PPAP Automotive's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PPAP Automotive ROCE % Chart

PPAP Automotive Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.51 1.54 6.80 17.58

PPAP Automotive Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.96 1.44 4.74 5.04 57.67
NSE:PPAP
74GF Score
PPAP Automotive Ltd NSE:PPAP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PPAP Automotive ROCE % Calculation

PPAP Automotive's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=676.556/( ( (5675.779 - 1984.505) + (7413.478 - 3407.168) )/ 2 )
=676.556/( (3691.274+4006.31)/ 2 )
=676.556/3848.792
=17.58 %

PPAP Automotive's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2310.44/( ( (0 - 0) + (7413.478 - 3407.168) )/ 1 )
=2310.44/( ( 0 + 4006.31 )/ 1 )
=2310.44/4006.31
=57.67 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 57.67% mean?
PPAP Automotive (NSE:PPAP) has a ROCE % of 57.67% as of Mar. 2026.
Is PPAP Automotive's ROCE % too high?
PPAP Automotive's current ROCE % is 57.67%. The Vehicles & Parts industry median ROCE % is 7.94. PPAP Automotive's value of 57.67% is 626.3% above this industry median. Overall, PPAP Automotive has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PPAP Automotive's ROCE % compare to ORLY and AZO?
PPAP Automotive's ROCE % of 57.67% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. PPAP Automotive's value of 57.67% is 626.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PPAP Automotive's current ROCE % of 57.67% is 626.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPAP Automotive's current ROCE % is 57.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPAP Automotive stock overvalued right now?
Based on GuruFocus' analysis, PPAP Automotive (NSE:PPAP) is currently considered Fairly Valued. The stock's GF Value™ is ₹228.85, compared to a current price of ₹231.17 — trading 1% above its estimated fair value. The current ROCE % is 57.67% and 626.3% above the Vehicles & Parts industry median of 7.94. PPAP Automotive's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For PPAP Automotive (NSE:PPAP), the current ROCE % is 57.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PPAP Automotive (NSE:PPAP) Overvalued in 2026?

Based on GuruFocus' analysis, PPAP Automotive stock appears to be overvalued. The current stock price of ₹231.17 is trading 1% above its estimated GF Value™ of ₹228.85. GuruFocus considers PPAP Automotive to be Fairly Valued.

Key valuation signals for NSE:PPAP:

  • ROCE %: 57.67%
  • GF Value™: ₹228.85 vs. price of ₹231.17 (1% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 626.3% above the Vehicles & Parts median

No single metric tells the full story. See the NSE:PPAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PPAP Automotive Business Description

Other Exchanges 532934:India
Address Sector-81, B-206A, Phase-II, Noida, UP, IND, 201305
PPAP Automotive Ltd is an Indian company specializing in the manufacturing of automotive sealing systems, interior and exterior automotive parts using plastic and rubber extrusion and plastic injection molding technologies. It serves many automotive OEMs in passenger vehicles, two-wheelers, and commercial vehicle segments. The company operates manufacturing facilities across key automotive hubs in India, including Noida, Surajpur, Chennai, Pathredi, and Viramgam. PPAP also develops high-precision plastic injection toolings and has expanded into lithium-ion battery pack solutions for electric two-wheelers and three-wheelers.
74GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹231.17
Price
₹228.85
GF Value