Indian Automobiles Strong Past Earnings Growth, P/E Ratio Below 20

Federal-Mogul Goetze (India)

Market Cap: ₹27.5b

Manufactures, supply, and distributes automotive components for two/three/four-wheeler automobiles in India and internationally.

Wheels India

Market Cap: ₹21.7b

Together with its subsidiary, engages in the manufacture and sale of automotive and industrial components in India and internationally.

Tolins Tyres

Market Cap: ₹7.3b

Manufactures and sells tires and tread rubber in India.

Rane Brake Lining

Market Cap: ₹5.8b

Manufactures and markets auto components to original equipment manufacturers and aftermarket customers in India and internationally.

Talbros Engineering

Market Cap: ₹3.4b

Manufactures and sells rear axle shafts for automobile companies in India and internationally.

Him Teknoforge

Market Cap: ₹2.3b

Engages in the manufacture, marketing, distribution, and sale of automotive, non-automotive, and engineering components in India and internationally.

Forge Auto International

Market Cap: ₹1.4b

Manufactures and sells forgings and its related products in India.

New Swan Multitech

Market Cap: ₹1.2b

Engages in manufacturing, trading, and export of automobile parts and agricultural implements in India.

Delta Autocorp

Market Cap: ₹915.1m

Manufactures and sells two-wheeler and three-wheeler electric vehicles under the Deltic brand in India.

Supertech EV

Market Cap: ₹694.8m

Engages in the design, development, manufacture, and distribution of passenger and commercial electronic vehicles in India.

Premium Plast

Market Cap: ₹635.0m

Manufactures plastic injection, blow, and extruded components in India.