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Indian (NIFTY) Auto Components Industry Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies118
  • 7D-5.1%
  • 3M8.8%
  • 1Y40.6%
  • YTD37.4%

Over the last 7 days, the Auto Components industry has dropped 5.1%, driven by a pullback from Motherson Sumi Systems of 8.8%. This takes the industry's 12 month performance to a gain of 41%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021₹5.3t₹3.3t₹150.1b19.3x
Mon, 25 Oct 2021₹5.3t₹3.1t₹143.4b21.3x
Wed, 22 Sep 2021₹5.1t₹3.1t₹140.4b21x
Fri, 20 Aug 2021₹4.7t₹3.1t₹142.1b19.6x
Fri, 04 Jun 2021₹4.5t₹2.7t₹85.6b25.5x
Mon, 08 Mar 2021₹4.1t₹2.5t₹56.7b32x
Thu, 10 Dec 2020₹3.4t₹2.3t₹38.5b30.7x
Wed, 02 Sep 2020₹2.9t₹2.3t₹36.3b30.7x
Sat, 06 Jun 2020₹2.3t₹2.7t₹99.2b14.5x
Tue, 10 Mar 2020₹2.8t₹2.9t₹120.5b16.2x
Mon, 02 Dec 2019₹3.1t₹3.0t₹131.6b15.7x
Thu, 05 Sep 2019₹2.7t₹3.0t₹140.0b13.9x
Sun, 09 Jun 2019₹3.3t₹3.0t₹147.1b16.2x
Sat, 02 Mar 2019₹3.5t₹2.8t₹145.5b15.7x
Tue, 04 Dec 2018₹3.7t₹2.8t₹144.0b18.4x
PE Ratio

18.4x

Total Market Cap: ₹3.7tTotal Earnings: ₹144.0bTotal Revenue: ₹2.8t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 20.7x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Auto Components industry have remained mostly flat over the last three years, while revenues for these companies have grown 5.7% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Indian Auto Components industry?

Tires and Rubber-4.66%
Auto Parts and Equipment-5.19%

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 21.0x. However analysts are expecting annual earnings growth of 31%, which is lower than the prior year's growth of 143% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 19.1x.

Forecasted Growth: Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 31% over the next 5 years. However this is lower than its past earnings growth rate of 143% per year. Meanwhile, the Tires and Rubber industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
543300 Sona BLW Precision Forgings2.5%+₹10.4bn/aPE135.6x
SUNDRMFAST Sundram Fasteners1.8%+₹3.1b56.0%PE32.5x
WABCOINDIA WABCO India1.9%+₹2.9b47.9%PE100.7x
535602 Sharda Motor Industries11.0%+₹2.4b153.3%PE19.3x
539636 Precision Camshafts12.2%+₹1.4b194.2%PE173.2x
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