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Indian (NIFTY) Auto Components Industry Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies133
  • 7D3.3%
  • 3M8.2%
  • 1Y22.2%
  • YTD0.7%

Over the last 7 days, the Auto Components industry has risen 2.2%, driven by gains from Samvardhana Motherson International of 3.5%. This takes the industry's 12 month performance to a gain of 24%. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026₹12.0t₹5.8t₹315.5b29.6x38x2.1x
Thu, 19 Mar 2026₹11.3t₹5.8t₹315.7b27.9x35.7x1.9x
Sat, 14 Feb 2026₹12.1t₹5.8t₹312.1b29.3x38.9x2.1x
Mon, 12 Jan 2026₹11.7t₹5.6t₹298.9b31.9x39.2x2.1x
Wed, 10 Dec 2025₹11.7t₹5.6t₹298.9b32.6x39.3x2.1x
Fri, 07 Nov 2025₹11.0t₹5.4t₹281.1b32.7x39.1x2x
Sun, 05 Oct 2025₹10.9t₹5.3t₹271.9b34x40.1x2.1x
Tue, 02 Sep 2025₹10.5t₹5.3t₹271.9b29.6x38.5x2x
Thu, 31 Jul 2025₹10.3t₹5.2t₹267.4b31.9x38.3x2x
Sat, 28 Jun 2025₹10.1t₹5.2t₹271.9b30.7x37.1x2x
Mon, 26 May 2025₹9.7t₹5.0t₹272.4b31.1x35.8x1.9x
Wed, 23 Apr 2025₹8.8t₹5.0t₹276.7b28.4x31.7x1.8x
Fri, 21 Mar 2025₹8.6t₹5.0t₹276.7b27.6x31.1x1.7x
Sun, 16 Feb 2025₹8.4t₹5.0t₹277.0b27.8x30.3x1.7x
Tue, 14 Jan 2025₹9.3t₹4.9t₹278.6b29.2x33.2x1.9x
Thu, 12 Dec 2024₹10.6t₹4.9t₹278.6b33.5x38.2x2.2x
Sat, 09 Nov 2024₹10.4t₹4.8t₹278.8b32x37.4x2.2x
Mon, 07 Oct 2024₹11.1t₹4.8t₹278.3b33.3x39.8x2.3x
Wed, 04 Sep 2024₹11.1t₹4.8t₹278.0b34.7x39.9x2.3x
Fri, 02 Aug 2024₹11.2t₹4.6t₹270.0b34.3x41.6x2.4x
Sun, 30 Jun 2024₹11.1t₹4.7t₹268.9b30.9x41.3x2.4x
Tue, 28 May 2024₹10.0t₹4.6t₹259.8b29.5x38.3x2.2x
Thu, 25 Apr 2024₹9.1t₹4.5t₹242.8b30.5x37.4x2x
Sat, 23 Mar 2024₹8.7t₹4.5t₹242.7b29.8x35.8x1.9x
Mon, 19 Feb 2024₹8.9t₹4.5t₹242.7b30.3x36.7x2x
Wed, 17 Jan 2024₹8.7t₹4.4t₹222.8b31.1x39.1x2x
Fri, 15 Dec 2023₹8.3t₹4.4t₹222.7b31x37.1x1.9x
Sun, 12 Nov 2023₹7.6t₹4.3t₹214.4b28.1x35.4x1.7x
Tue, 10 Oct 2023₹7.4t₹4.2t₹197.4b27.8x37.5x1.8x
Thu, 07 Sep 2023₹7.6t₹4.2t₹197.1b28.9x38.8x1.8x
Sat, 05 Aug 2023₹7.3t₹4.1t₹185.6b27.9x39.5x1.8x
Mon, 03 Jul 2023₹6.9t₹4.1t₹175.5b26.1x39.2x1.7x
Wed, 31 May 2023₹6.3t₹4.1t₹175.0b23x36.3x1.5x
Fri, 28 Apr 2023₹5.9t₹4.0t₹160.6b23.7x36.9x1.5x
Price to Earnings Ratio

36.9x


Total Market Cap: ₹5.9tTotal Earnings: ₹160.6bTotal Revenue: ₹4.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Components Industry Price to Earnings3Y Average 37.4x202420252026
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 37.4x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
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 Market3.52%
Consumer Discretionary3.07%
Auto Components3.34%
Auto Parts and Equipment3.43%
Tires and Rubber2.80%
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 40.0x.
    • Analysts are expecting annual earnings growth of 20.4%, which is higher than its past year's earnings growth of 13.3% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading close to its 3-year average of 28.9x.
Forecasted Growth
  • Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 6.2% per year.
  • In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 20% 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
517334 Samvardhana Motherson International₹123.203.5%
+₹44.3b		39.5%PE38.1x
500530 Bosch₹37.76k3.2%
+₹34.2b		35.9%PE40.4x
505790 Schaeffler India₹4.09k5.4%
+₹32.7b		24.3%PE55.5x
532539 Uno Minda₹1.13k5.2%
+₹32.0b		25.2%PE57.3x
TIINDIA Tube Investments of India₹2.87k5.8%
+₹30.5b		10.8%PE93x

Latest News

505790
₹4,085.85
Schaeffler India
7D
5.4%
1Y
24.3%

505790: Dividend Timeline And Board Appointments Will Support A Positive Outlook

Analysts have trimmed their price target for Schaeffler India slightly to ₹4,744 from ₹4,787, reflecting updated assumptions on the discount rate and forward P/E, while keeping revenue growth and profit margin expectations essentially unchanged. What's in the News A board meeting is scheduled on Apr 29, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter ended Mar 31, 2026 (company filing).
532539
₹1,127.90
Uno Minda
7D
5.2%
1Y
25.2%

532539: Future Renewable Power SPV Investments Will Limit Upside Potential

Analysts have trimmed their fair value estimate for Uno Minda from about ₹1,012.89 to roughly ₹992.27, reflecting updated views on discount rate, revenue growth, profit margins and future P/E assumptions. What's in the News A board meeting is scheduled on Mar 30, 2026 to consider changes in senior management personnel and potential investments in special purpose vehicles for sourcing renewable power through SPVs (Key Developments).
530007
₹419.15
JK Tyre & Industries
7D
-0.2%
1Y
34.6%

530007: Fair Value View Expects Stable Margins And Modest Renewable Investments

Analysts have adjusted their price target on JK Tyre & Industries from ₹391 to ₹400, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E that together support a slightly higher fair value estimate. What's in the News Board meeting scheduled for Apr 15, 2026, to consider an investment for acquiring equity shares of Roofsol Renewables Five Pvt.
517334
₹123.20
Samvardhana Motherson International
7D
3.5%
1Y
39.5%

517334: Dividend And Dubai Joint Venture Will Shape A Steady Outlook

Analysts have adjusted their price target on Samvardhana Motherson International slightly higher to ₹110.04 from ₹109.25, reflecting updated assumptions around revenue growth, profit margins and the future P/E multiple. What's in the News The board approved an interim dividend of ₹0.35 per equity share with a face value of ₹1 for the 2025-26 financial year, with a record date of March 27, 2026 (board meeting and dividend announcement).
ENDURANCE
₹2,358.10
Endurance Technologies
7D
-1.4%
1Y
20.7%

ENDURANCE: Upcoming Board Meeting May Reinforce Bullish Long Term Profitability Outlook

Analysts have trimmed their price target for Endurance Technologies slightly from ₹3,400 to about ₹3,364, reflecting updated assumptions around discount rates, fair value and future P/E, while keeping revenue growth and profit margin expectations broadly unchanged. What's in the News A board meeting is scheduled for May 14, 2026, to consider audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026 (company filing).
500530
₹37,764.95
Bosch
7D
3.2%
1Y
35.9%

500530: New Finance Leadership And Electric Mobility Venture Will Drive Future Upside

Analysts have lifted their price target for Bosch from ₹40,000 to ₹48,165, reflecting updated assumptions around revenue growth, profit margins, and a higher future P/E multiple. What's in the News Board meeting scheduled for February 17, 2026 to consider the Nomination and Remuneration Committee's recommendation and approve the appointment of Tillmann Olsen as Chief Financial Officer (CFO) and Key Managerial Personnel from June 1, 2026 (Key Developments).
500493
₹1,865.00
Bharat Forge
7D
3.5%
1Y
70.5%

500493: Defence And Aerospace Expansion Will Drive Future Upside Potential

Analysts have kept the Bharat Forge price target unchanged at ₹2,150, citing a revised mix of assumptions that now combine a slightly higher discount rate and future P/E with adjusted expectations for revenue growth and profit margin. What's in the News Bharat Forge plans a Board Meeting on April 9, 2026, to review a proposal for phased restructuring of its steel forging operations at Bharat Forge CDP GmbH in Germany.
509152
₹2,001.50
GRP
7D
-1.7%
1Y
-30.7%

509152: Upcoming Board Meeting And Stable Assumptions Will Support Long Term Upside

Analysts have kept their price target on GRP steady at ₹2,249, citing largely unchanged views on the discount rate, revenue growth, profit margin and forward P/E assumptions. What's in the News GRP has scheduled a board meeting on Feb 10, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
ZFCVINDIA
₹15,032.00
ZF Commercial Vehicle Control Systems India
7D
6.8%
1Y
15.2%

ZFCVINDIA: ADAS Regulation Tailwinds Will Drive Future Upside Potential

Analysts have trimmed their price target on ZF Commercial Vehicle Control Systems India slightly from ₹17,750 to ₹17,620, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Board meeting scheduled for Feb 10, 2026, to review unaudited standalone and consolidated financial results for the quarter ended Dec 31, 2025, and to consider approving a postal ballot process to seek shareholder approval (company filing).
SANSERA
₹2,275.50
Sansera Engineering
7D
-3.0%
1Y
102.2%

SANSERA: Joint Venture Plans And Marginal Assumption Shifts Will Shape Future Returns

Analysts have nudged their price target on Sansera Engineering slightly higher to ₹2,285 from ₹2,265, pointing to small adjustments in fair value, discount rate, revenue growth, profit margin and forward P/E assumptions. What's in the News A board meeting is scheduled for Feb 9, 2026 to consider and approve unaudited financial results for the quarter ended Dec 31, 2025 (Key Developments).
SJS
₹1,682.20
S.J.S. Enterprises
7D
-3.7%
1Y
77.8%

SJS: Stable Assumptions And Upcoming Results Review Will Support Future Upside

Analysts have kept their price target for S.J.S. Enterprises steady at about ₹2,237, citing broadly unchanged assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Board meeting scheduled for January 28, 2026, at 13:30 Indian Standard Time to review unaudited standalone and consolidated financial results under IND-AS for the quarter and nine months ended December 31, 2025 (company filing).
LUMAXTECH
₹1,795.40
Lumax Auto Technologies
7D
-2.8%
1Y
228.6%

LUMAXTECH: Upcoming Board Decisions And Channel Financing Support Bullish Outlook

Analysts have lifted their price target on Lumax Auto Technologies from ₹1,741.80 to ₹1,985.50, citing updated assumptions around the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News Board meeting scheduled for February 12, 2026, to review and approve unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025 (Key Developments).
TIINDIA
₹2,873.10
Tube Investments of India
7D
5.8%
1Y
10.8%

TIINDIA: Interim Dividend Decision And Director Reappointments Will Support Future Share Strength

Analysts have kept the fair value estimate for Tube Investments of India steady at ₹3,175, citing only marginal adjustments to the discount rate, revenue growth, and profit margin assumptions as the main factors behind their latest price target review. Analyst Commentary Analysts reviewing Tube Investments of India are broadly aligned on a steady fair value framework around ₹3,175, with only marginal tweaks to key inputs such as the discount rate, revenue growth, and profit margin assumptions.
532605
₹616.35
JBM Auto
7D
-1.3%
1Y
-12.8%
505242
₹10,152.85
Dynamatic Technologies
7D
-2.2%
1Y
53.7%
MRF
₹139,225.00
MRF
7D
3.7%
1Y
9.8%

Analyst Estimates: Here's What Brokers Think Of MRF Limited (NSE:MRF) After Its Third-Quarter Report

Feb 10
Analyst Estimates: Here's What Brokers Think Of MRF Limited (NSE:MRF) After Its Third-Quarter Report