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Indian (NIFTY) Auto Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies10
  • 7D0.8%
  • 3M19.7%
  • 1Y73.6%
  • YTD20.8%

Over the last 7 days, the Auto industry has remained flat, although notably Eicher Motors gained 6.8%. The past year has been better, since the industry has gained 74% in that time. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the Indian Auto Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Apr 2024₹15.5t₹8.3t₹592.3b32.9x26.2x1.9x
Wed, 13 Mar 2024₹15.0t₹8.3t₹592.3b31.2x25.2x1.8x
Fri, 09 Feb 2024₹13.9t₹8.2t₹586.3b29.6x23.6x1.7x
Sun, 07 Jan 2024₹12.7t₹7.9t₹530.0b29.3x24x1.6x
Tue, 05 Dec 2023₹12.2t₹7.8t₹513.5b32.5x23.9x1.6x
Thu, 02 Nov 2023₹10.8t₹7.5t₹463.6b27.9x23.3x1.4x
Sat, 30 Sep 2023₹11.1t₹7.5t₹462.6b31.2x24x1.5x
Mon, 28 Aug 2023₹10.3t₹7.5t₹462.6b29x22.3x1.4x
Wed, 26 Jul 2023₹10.7t₹7.1t₹343.6b40.5x31x1.5x
Fri, 23 Jun 2023₹10.1t₹7.0t₹342.3b34.6x29.4x1.4x
Sun, 21 May 2023₹9.5t₹7.0t₹338.5b33.5x28.1x1.4x
Tue, 18 Apr 2023₹8.9t₹6.6t₹258.8b26.1x34.3x1.3x
Thu, 16 Mar 2023₹8.2t₹6.6t₹258.8b25x31.8x1.2x
Sat, 11 Feb 2023₹8.8t₹6.5t₹249.0b26.7x35.5x1.4x
Mon, 09 Jan 2023₹8.3t₹6.2t₹173.2b27.7x48.2x1.3x
Wed, 07 Dec 2022₹8.7t₹6.2t₹173.2b29.1x50x1.4x
Fri, 04 Nov 2022₹9.0t₹5.9t₹126.0b29.7x71.7x1.5x
Sun, 02 Oct 2022₹8.6t₹5.9t₹128.6b40.1x66.9x1.5x
Tue, 30 Aug 2022₹8.8t₹5.9t₹128.6b32.8x68.8x1.5x
Thu, 28 Jul 2022₹8.4t₹5.6t₹100.6b34.7x84x1.5x
Sat, 25 Jun 2022₹8.1t₹5.6t₹100.7b32.1x80.1x1.4x
Mon, 23 May 2022₹7.5t₹5.5t₹93.8b36.4x80.3x1.4x
Wed, 20 Apr 2022₹7.3t₹5.6t₹24.1b34.7x302.2x1.3x
Fri, 18 Mar 2022₹7.3t₹5.6t₹24.1b32.1x303.3x1.3x
Sun, 13 Feb 2022₹8.0t₹5.6t₹23.9b34.3x335.9x1.4x
Tue, 11 Jan 2022₹7.9t₹5.6t₹84.0b34.7x93.5x1.4x
Thu, 09 Dec 2021₹7.5t₹5.6t₹84.0b36.8x89.2x1.3x
Sat, 06 Nov 2021₹7.8t₹5.6t₹72.8b34.9x107.6x1.4x
Mon, 04 Oct 2021₹7.1t₹5.5t₹112.9b35.2x62.6x1.3x
Wed, 01 Sep 2021₹6.7t₹5.5t₹112.9b33x58.9x1.2x
Thu, 08 Jul 2021₹7.2t₹5.5t₹112.9b38.6x63.8x1.3x
Price to Earnings Ratio

139.4x


Total Market Cap: ₹6.5tTotal Earnings: ₹46.8bTotal Revenue: ₹4.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Industry Price to Earnings3Y Average 78.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Indian Auto industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 26.2x which is lower than its 3-year average PE of 78.7x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Auto industry have grown 133% per year over the last three years.
  • Revenues for these companies have grown 20% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Consumer Discretionary industry?

IN Market-0.034%
Consumer Discretionary0.13%
Auto0.77%
Motorcycle Manufacturers1.13%
Automobile Manufacturers0.57%
Industry PE
  • Investors are most optimistic about the Motorcycle Manufacturers industry which is trading above its 3-year average PE ratio of 26.0x.
    • Analysts are expecting annual earnings growth of 13.4%, which is lower than the prior year's growth of 28.8% per year.
  • Investors are most pessimistic about the Automobile Manufacturers industry, which is trading below its 3-year average of 407x.
Forecasted Growth
  • Analysts are most optimistic on the Motorcycle Manufacturers industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 29% per year.
  • In contrast, the Automobile Manufacturers industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
505200 Eicher Motors₹4.30k6.8%
+₹75.0b
34.1%PE30.7x
M&M Mahindra & Mahindra₹2.07k2.9%
+₹64.2b
71.9%PE20.7x
500570 Tata Motors₹1.02k1.1%
+₹43.3b
116.9%PE20.1x
BAJAJ-AUTO Bajaj Auto₹9.06k0.6%
+₹15.5b
111.4%PE34.2x
505141 Scooters India₹63.751.4%
+₹75.1m
111.1%PE-29.9x
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Latest News

532343

₹2,045.75

TVS Motor

7D

-1.1%

1Y

75.9%

MARUTI

₹12,266.55

Maruti Suzuki India

7D

-1.2%

1Y

41.5%

HINDMOTORS

₹19.15

Hindustan Motors

7D

-3.0%

1Y

38.8%

531357

₹87.41

Mercury Ev-Tech

7D

-6.1%

1Y

360.8%

500182

₹4,442.35

Hero MotoCorp

7D

-1.8%

1Y

81.5%

505200

₹4,304.90

Eicher Motors

7D

6.8%

1Y

34.1%

531795

₹497.00

Atul Auto

7D

-2.1%

1Y

20.3%

538970

₹61.09

Wardwizard Innovations & Mobility

7D

-3.9%

1Y

15.7%

505141

₹63.75

Scooters India

7D

1.4%

1Y

111.1%

500570

₹1,018.35

Tata Motors

7D

1.1%

1Y

116.9%