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Indian (NIFTY) Auto Components Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies132
  • 7D-1.3%
  • 3M-8.6%
  • 1Y10.5%
  • YTD-9.2%

Over the last 7 days, the Auto Components industry has dropped 1.3%, driven by a pullback from Samvardhana Motherson International of 4.3%. On the other hand JBM Auto is actually up 17%. This takes the industry's 12 month performance to a gain of 11%. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026₹10.8t₹5.8t₹315.3b27.1x34.3x1.9x
Fri, 20 Feb 2026₹12.0t₹5.8t₹314.1b31x38.1x2x
Sun, 18 Jan 2026₹11.5t₹5.6t₹298.9b31x38.5x2.1x
Tue, 16 Dec 2025₹11.8t₹5.6t₹298.9b31.7x39.4x2.1x
Thu, 13 Nov 2025₹11.2t₹5.4t₹283.3b33.1x39.5x2.1x
Sat, 11 Oct 2025₹10.8t₹5.3t₹271.9b33.2x39.7x2x
Mon, 08 Sep 2025₹10.5t₹5.3t₹271.9b29.5x38.5x2x
Wed, 06 Aug 2025₹10.1t₹5.2t₹275.2b29.9x36.8x1.9x
Fri, 04 Jul 2025₹10.3t₹5.2t₹270.2b31.7x37.9x2x
Sun, 01 Jun 2025₹9.9t₹5.2t₹270.9b31.3x36.4x1.9x
Tue, 29 Apr 2025₹8.8t₹5.0t₹276.7b28.8x31.7x1.8x
Thu, 27 Mar 2025₹8.7t₹5.0t₹276.7b27.6x31.3x1.7x
Sat, 22 Feb 2025₹8.5t₹5.0t₹276.7b29.4x30.6x1.7x
Mon, 20 Jan 2025₹9.6t₹4.9t₹277.7b30.9x34.6x2x
Wed, 18 Dec 2024₹10.4t₹4.9t₹278.6b33.1x37.5x2.1x
Fri, 15 Nov 2024₹9.8t₹4.9t₹276.8b30.3x35.6x2x
Sun, 13 Oct 2024₹11.2t₹4.8t₹278.3b33.3x40.3x2.4x
Tue, 10 Sep 2024₹11.0t₹4.8t₹278.0b35.2x39.4x2.3x
Thu, 08 Aug 2024₹10.8t₹4.6t₹272.3b33.7x39.6x2.3x
Sat, 06 Jul 2024₹11.4t₹4.7t₹268.9b32.4x42.4x2.4x
Mon, 03 Jun 2024₹9.9t₹4.7t₹267.9b28.6x36.9x2.1x
Wed, 01 May 2024₹9.3t₹4.5t₹242.9b31.1x38.2x2x
Fri, 29 Mar 2024₹8.8t₹4.5t₹242.7b29.6x36.2x1.9x
Sun, 25 Feb 2024₹9.0t₹4.5t₹242.7b31.6x37x2x
Tue, 23 Jan 2024₹8.9t₹4.4t₹222.0b31x40.2x2x
Thu, 21 Dec 2023₹8.1t₹4.4t₹222.7b29.6x36.2x1.8x
Sat, 18 Nov 2023₹7.8t₹4.4t₹222.6b28.8x35.1x1.8x
Mon, 16 Oct 2023₹7.6t₹4.2t₹197.5b28.8x38.5x1.8x
Wed, 13 Sep 2023₹7.6t₹4.2t₹197.4b27.9x38.4x1.8x
Fri, 11 Aug 2023₹7.3t₹4.2t₹189.3b28.2x38.4x1.7x
Sun, 09 Jul 2023₹7.1t₹4.1t₹176.1b27.1x40.1x1.7x
Tue, 06 Jun 2023₹6.5t₹4.1t₹175.4b24.3x36.8x1.6x
Thu, 04 May 2023₹6.0t₹4.0t₹160.8b24.7x37.6x1.5x
Sat, 01 Apr 2023₹5.6t₹4.0t₹160.6b21.2x34.8x1.4x
Price to Earnings Ratio

34.8x


Total Market Cap: ₹5.6tTotal Earnings: ₹160.6bTotal Revenue: ₹4.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Components Industry Price to Earnings3Y Average 37.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Auto Components 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 34.3x which is lower than its 3-year average PE of 37.3x.
  • 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 Market-2.47%
Consumer Discretionary-2.03%
Auto Components-1.30%
Auto Parts and Equipment-0.91%
Tires and Rubber-3.64%
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 20.7%, which is higher than its past year's earnings growth of 13.5% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 29.1x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 21% 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
TIINDIA Tube Investments of India₹2.68k4.8%
+₹23.7b		-1.0%PE86.8x
BELRISE Belrise Industries₹194.776.0%
+₹9.8b		n/aPE36.4x
MINDACORP Minda₹543.957.6%
+₹9.1b		1.5%PE44.5x
532539 Uno Minda₹1.09k1.3%
+₹8.3b		16.3%PE55.2x
502355 Balkrishna Industries₹2.21k1.8%
+₹7.7b		-14.3%PE32.6x

Latest News

517334
₹113.15
Samvardhana Motherson International
7D
-3.9%
1Y
25.7%
TIINDIA
₹2,682.40
Tube Investments of India
7D
4.8%
1Y
-1.0%

TIINDIA: Board Decisions On Interim Dividend Will Support Future Share Strength

Analysts have kept their ₹3,175 price target on Tube Investments of India unchanged, pointing to only marginal tweaks in assumptions, such as a slightly lower discount rate, an unchanged revenue trajectory and profit margin, and a small adjustment to the future P/E multiple. Analyst Commentary With the ₹3,175 target maintained, recent commentary around Tube Investments of India mainly focuses on how well the company can execute against existing expectations rather than on big changes to the financial model.
532539
₹1,087.55
Uno Minda
7D
1.3%
1Y
16.3%

532539: New Alloy Wheel Capacity And Green Power Sourcing Will Drive Repricing

Analysts have kept their price target for Uno Minda steady at ₹1,575, citing slightly adjusted assumptions around the discount rate, revenue growth, profit margins and future P/E that together support the existing valuation view. What's in the News The board approved a new AW4W plant in the LPS domain at Chhatrapati Sambhajinagar, Maharashtra, with a planned capacity of up to 1.80 million alloy wheels per year in phases (board meeting, February 5, 2026).
BELRISE
₹194.77
Belrise Industries
7D
6.0%
1Y
n/a
502355
₹2,211.50
Balkrishna Industries
7D
1.8%
1Y
-14.3%

502355: New Distribution Tie Up And Governance Moves Will Shape Fairly Valued Outlook

Analysts have trimmed their price target on Balkrishna Industries slightly, with fair value moving from about ₹2,384.67 to ₹2,337.00. This reflects modest adjustments to long term assumptions for discount rate, revenue growth, profit margin and future P/E.
530007
₹407.10
JK Tyre & Industries
7D
-6.9%
1Y
43.9%

530007: Upcoming Investments In Renewable Ventures Will Support A More Positive Share Outlook

Analysts have raised their price target on JK Tyre & Industries from about ₹498.50 to roughly ₹560.70, citing updated assumptions on revenue growth, profit margins and future P/E multiples. What's in the News A board meeting is scheduled for Mar 05, 2026 to review and authorize a Share Subscription and Shareholders Agreement for an investment of ₹15.3 million to acquire 26% equity in FPEL Burning Bright Private Ltd (company filing).
500530
₹30,388.50
Bosch
7D
-1.9%
1Y
8.2%

500530: Leadership Transition And Policy Review Will Shape Future Upside Potential

Analysts have trimmed their price target for Bosch from ₹41,625 to ₹40,000. This reflects updated views on fair value, margins and long term P/E assumptions, while keeping core growth expectations broadly similar.
500493
₹1,736.30
Bharat Forge
7D
-3.7%
1Y
46.9%

500493: Defence And Aerospace Orders Will Drive Future Upside Potential

Analysts have revised their price target on Bharat Forge from ₹1,578 to ₹2,150, citing updated assumptions on revenue growth, profit margins, discount rate and forward P/E that together point to a higher assessed fair value for the stock. What's in the News Bharat Forge inaugurated a landing gear components machining facility in Mundhwa, Pune, developed with Liebherr Aerospace & Transportation SAS.
532756
₹450.25
CIE Automotive India
7D
-6.2%
1Y
11.1%

532756: Upcoming Results And Dividend Decision Will Support Bullish Reassessment

Analysts have kept their fair value estimate for CIE Automotive India unchanged at ₹533.5, with only marginal tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E, which together are not material enough to shift the overall price target. What's in the News A board meeting is scheduled on Feb 19, 2026, at 16:40 Indian Standard Time to review and approve the audited standalone and consolidated financial results for the quarter and financial year ended Dec 31, 2025 (Key Developments).
ASKAUTOLTD
₹444.15
ASK Automotive
7D
6.3%
1Y
-1.2%

ASKAUTOLTD: Steady Fair Value View Will Support Upcoming Governance Decisions

Analysts have kept their fair value estimate for ASK Automotive steady at ₹596.60, with only marginal tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E. This reflects a largely unchanged view on the stock’s long term pricing power.
MINDACORP
₹543.95
Minda
7D
7.6%
1Y
1.5%

MINDACORP: New GCFO Appointment And ESOP Changes Will Support Upside

Analysts have nudged their fair value estimate for Minda to ₹693.5, reflecting small tweaks to the discount rate, revenue growth and profit margin assumptions, along with a slightly higher future P/E multiple. What's in the News Minda has scheduled a special or extraordinary shareholders meeting for March 15, 2026, to be conducted via postal ballot in India, signaling upcoming matters that require shareholder approval (Key Developments).
MRF
₹129,970.00
MRF
7D
-2.9%
1Y
13.7%

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

Feb 10
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TENNIND
₹526.30
Tenneco Clean Air India
7D
-4.9%
1Y
n/a
WHEELS
₹1,089.55
Wheels India
7D
11.9%
1Y
89.5%
515030
₹836.10
Asahi India Glass
7D
-3.4%
1Y
36.3%
520056
₹14,086.65
TVS Holdings
7D
2.1%
1Y
58.6%