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Indian (NIFTY) Auto Components Industry Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies132
  • 7D-4.4%
  • 3M-1.0%
  • 1Y12.7%
  • YTD-2.3%

Over the last 7 days, the Auto Components industry has dropped 4.4%, driven by pullbacks in Uno Minda and Samvardhana Motherson International of 9.4% and 5.5%, respectively. This takes the industry's 12 month performance to a gain of 13%. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 Jan 2026₹11.6t₹5.6t₹298.9b31.1x38.9x2.1x
Thu, 11 Dec 2025₹11.6t₹5.6t₹298.9b31.4x39x2.1x
Sat, 08 Nov 2025₹11.0t₹5.4t₹281.4b32.8x39x2x
Mon, 06 Oct 2025₹10.9t₹5.3t₹271.9b34x40.1x2.1x
Wed, 03 Sep 2025₹10.6t₹5.3t₹271.9b30.8x38.8x2x
Fri, 01 Aug 2025₹10.1t₹5.2t₹267.4b30.8x37.8x2x
Sun, 29 Jun 2025₹10.1t₹5.2t₹270.2b30.7x37.4x2x
Tue, 27 May 2025₹9.8t₹5.0t₹272.4b29.1x35.9x1.9x
Thu, 24 Apr 2025₹8.9t₹5.0t₹276.7b28.9x32.1x1.8x
Sat, 22 Mar 2025₹8.7t₹5.0t₹276.7b28.4x31.4x1.7x
Mon, 17 Feb 2025₹8.4t₹5.0t₹277.0b27.8x30.3x1.7x
Wed, 15 Jan 2025₹9.5t₹4.9t₹278.6b29.2x34x1.9x
Fri, 13 Dec 2024₹10.5t₹4.9t₹278.6b33.4x37.8x2.2x
Sun, 10 Nov 2024₹10.4t₹4.8t₹277.1b32x37.6x2.2x
Tue, 08 Oct 2024₹10.8t₹4.8t₹278.3b32.1x38.8x2.3x
Thu, 05 Sep 2024₹11.1t₹4.8t₹278.0b34.6x40.1x2.3x
Sat, 03 Aug 2024₹11.1t₹4.6t₹270.6b34.1x41.1x2.4x
Mon, 01 Jul 2024₹11.1t₹4.7t₹268.9b30.9x41.3x2.4x
Wed, 29 May 2024₹9.9t₹4.6t₹259.8b28.6x38.1x2.1x
Fri, 26 Apr 2024₹9.2t₹4.5t₹242.8b31x37.7x2x
Sun, 24 Mar 2024₹8.7t₹4.5t₹242.7b29.8x35.8x1.9x
Tue, 20 Feb 2024₹9.0t₹4.5t₹242.7b30.9x37.1x2x
Thu, 18 Jan 2024₹8.6t₹4.4t₹222.8b31.2x38.8x2x
Sat, 16 Dec 2023₹8.2t₹4.4t₹222.7b30.6x37x1.9x
Mon, 13 Nov 2023₹7.6t₹4.3t₹220.6b28.6x34.4x1.7x
Wed, 11 Oct 2023₹7.5t₹4.2t₹197.4b28.2x37.9x1.8x
Fri, 08 Sep 2023₹7.7t₹4.2t₹197.1b28.8x39x1.8x
Sun, 06 Aug 2023₹7.3t₹4.1t₹186.7b27.9x39.3x1.8x
Tue, 04 Jul 2023₹6.9t₹4.1t₹175.6b26.5x39.3x1.7x
Thu, 01 Jun 2023₹6.4t₹4.1t₹175.6b22.8x36.3x1.6x
Sat, 29 Apr 2023₹6.0t₹4.0t₹160.6b24.1x37.3x1.5x
Mon, 27 Mar 2023₹5.5t₹4.0t₹160.6b20.3x34.3x1.4x
Wed, 22 Feb 2023₹5.9t₹4.0t₹160.3b20.7x36.7x1.5x
Fri, 20 Jan 2023₹5.9t₹3.8t₹154.6b24.3x37.8x1.5x
Price to Earnings Ratio

37.8x


Total Market Cap: ₹5.9tTotal Earnings: ₹154.6bTotal Revenue: ₹3.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Components Industry Price to Earnings3Y Average 37.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian Auto Components industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 37.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 14% 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-2.54%
Consumer Discretionary-3.20%
Auto Components-4.36%
Tires and Rubber-0.67%
Auto Parts and Equipment-5.00%
Industry PE
  • Investors are most optimistic about the Auto Parts and Equipment industry, which is trading close to its 3-year average PE ratio of 39.8x.
    • Analysts are expecting annual earnings growth of 19.2%, which is higher than its past year's earnings growth of 10.6% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 29.5x.
Forecasted Growth
  • Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 19% 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
TENNIND Tenneco Clean Air India₹534.753.5%
+₹7.3b		n/aPE37x
500878 CEAT₹3.85k2.4%
+₹3.6b		26.7%PE31.5x
500472 SKF India₹1.88k3.4%
+₹3.1b		-55.6%PE17.3x
ENDURANCE Endurance Technologies₹2.59k0.7%
+₹2.6b		27.6%PE41.2x
502355 Balkrishna Industries₹2.40k0.5%
+₹2.5b		-11.6%PE33.6x

Latest News

500472
₹1,838.20
SKF India
7D
0.2%
1Y
-56.4%

500472: Demerger Will Drive Future Margin Upside Despite Lower Fair Value Estimate

Analysts have cut their fair value estimate for SKF India from ₹3,858.63 to ₹3,010.13, citing slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E as key drivers of the change. What's in the News Board meeting scheduled for November 14, 2025 at 16:00 IST to review and approve unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025 (company filing).
MSUMI
₹46.76
Motherson Sumi Wiring India
7D
-10.2%
1Y
27.1%

MSUMI: Future Earnings Visibility Will Support Fairly Valued Premium Market Multiple

Analysts have nudged their price target for Motherson Sumi Wiring India up by about ₹1 per share to roughly ₹53, citing slightly adjusted assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. What's in the News Board meeting scheduled for Nov 05, 2025 to consider and approve unaudited financial results for the second quarter and half year ended Sep 30, 2025 (company filing) Board meeting set for Dec 19, 2025 to consider and approve an Employee Stock Option Scheme in line with SEBI share based employee benefits and sweat equity regulations, 2021 (company filing) Board meeting planned for Jan 30, 2026 to consider and approve unaudited financial results for the third quarter and nine months ended Dec 31, 2025 (company filing) Valuation Changes Fair Value: Updated fair value per share has been adjusted from about ₹52.15 to about ₹53.15, a modest upward move of roughly ₹1.
ZFCVINDIA
₹13,963.00
ZF Commercial Vehicle Control Systems India
7D
-7.6%
1Y
25.4%

ZFCVINDIA: Future ADAS Regulations Will Drive Upside Despite GST Risks

Analysts have kept their fair value estimate for ZF Commercial Vehicle Control Systems India steady at ₹16,194.20 while making small adjustments to inputs such as the discount rate and forward P/E to reflect updated assumptions in their valuation models. What's in the News Company receives an order from the Additional Commissioner, CGST & Central Excise, Ranchi imposing a demand of ₹39,83,65,328 plus applicable interest and a penalty equal to the demand amount related to alleged incorrect GST classification of electronic control units for anti lock braking systems, with the company indicating no material impact on its financial, operations or other activities and planning to file an appeal (Regulatory Authority enforcement action).
SONACOMS
₹456.85
Sona BLW Precision Forgings
7D
-5.1%
1Y
-18.7%
532539
₹1,210.55
Uno Minda
7D
-9.4%
1Y
16.9%

532539: Future EV Investments Will Drive Bullish Repricing

Analysts have raised their price target on Uno Minda slightly to ₹1,500 from ₹1,493, citing updated assumptions on revenue growth, profit margins, discount rate and future P/E that together refine their view of the company’s valuation profile. What's in the News Board meeting scheduled for December 1, 2025, at 09:40 Indian Standard Time to review the proposed acquisition of the entire 49.90% equity stake held by Buehler Motor GmbH in Uno Minda Buehler Motor Private Limited, which is currently a subsidiary of Uno Minda (Key Developments).
502355
₹2,413.25
Balkrishna Industries
7D
0.6%
1Y
-7.1%

502355: Future Revenue Slowdown Will Likely Outweigh Stable Profit Assumptions

Analysts kept their fair value estimate for Balkrishna Industries steady at ₹1,960, citing only modest tweaks to assumptions around the discount rate, revenue growth, profit margin and future P/E that were not material enough to shift the overall price target. What's in the News Balkrishna Industries has scheduled a Special and Extraordinary Shareholders Meeting on January 22, 2026, to be conducted via postal ballot in India (company filing).
523828
₹125.40
Menon Bearings
7D
10.3%
1Y
8.1%
540124
₹349.25
G N A Axles
7D
1.5%
1Y
-10.2%
ENDURANCE
₹2,573.10
Endurance Technologies
7D
1.0%
1Y
28.3%

ENDURANCE: Upcoming Board Results May Support Higher Profitability Expectations

Analysts have adjusted their price target on Endurance Technologies from ₹3,300 to ₹3,435, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E as the key drivers behind the change. What's in the News A board meeting is scheduled for February 12, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter ending December 31, 2025 (Key Developments).
500086
₹349.70
Exide Industries
7D
-4.8%
1Y
-6.1%

500086: Elevated Risk As Upcoming Board Meeting Will Likely Pressure Shares

Analysts have kept their fair value estimate for Exide Industries steady at ₹315.00, citing only slight model adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions rather than any major shift in their outlook. What's in the News A board meeting is scheduled for January 30, 2026, to review and approve unaudited financial results for the quarter and nine months ending December 31, 2025 (Key Developments).
517334
₹115.05
Samvardhana Motherson International
7D
-5.5%
1Y
23.6%

517334: Higher Fair Value And Upcoming Board Actions Will Support Shares

Analysts have lifted their price target for Samvardhana Motherson International from ₹130.00 to ₹150.00, reflecting updated assumptions for higher revenue growth, a slightly different discount rate, a lower future P/E multiple, and a small change in expected profit margin. What's in the News A board meeting is scheduled for December 22, 2025, for Samvardhana Motherson International Limited.
TIINDIA
₹2,408.70
Tube Investments of India
7D
-4.8%
1Y
-25.4%

Returns At Tube Investments of India (NSE:TIINDIA) Appear To Be Weighed Down

Jan 06
Returns At Tube Investments of India (NSE:TIINDIA) Appear To Be Weighed Down
500530
₹37,660.15
Bosch
7D
-3.9%
1Y
21.5%

500530: Future Earnings Will Struggle To Justify Current Market Optimism

Analysts have raised their fair value estimate for Bosch from ₹26,900 to ₹27,700. This reflects modestly stronger revenue growth assumptions that more than offset a slightly higher discount rate, along with broadly stable margin and valuation expectations.
SHIGAN
₹59.70
Shigan Quantum Technologies
7D
29.8%
1Y
-43.7%

Returns On Capital Signal Tricky Times Ahead For Shigan Quantum Technologies (NSE:SHIGAN)

Dec 19
Returns On Capital Signal Tricky Times Ahead For Shigan Quantum Technologies (NSE:SHIGAN)
SUNCLAY
₹1,240.40
Sundaram-Clayton
7D
0.8%
1Y
-55.7%
531727
₹60.97
Menon Pistons
7D
4.0%
1Y
-6.6%