Thanks Rupesh,
Even I have been following this story and it looks interesting on the financial performance, especially the operating cash flows. I just did a quick analysis with other auto ancillary companies (the list could have been longer) and it appears that PPAP is trading relatively cheaper on P/E,EV/EBITDA and OCF/EV. Few companies haven’t yet reported their Dec’16 figures yet and the numbers are sourced from screener.in.
PPAP’s recent presentation listed on BSE also looks interesting (link here)
