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Indian (NIFTY) Auto Components Industry Analysis

UpdatedApr 06, 2026
DataAggregated Company Financials
Companies133
  • 7D-0.6%
  • 3M-11.6%
  • 1Y16.5%
  • YTD-9.7%

Last week, the Auto Components industry hasn't moved much but Bosch is up 16% in that time. The past year has been better, since the industry has gained 16% in that time. Looking forward, 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
Tue, 07 Apr 2026₹10.8t₹5.8t₹315.5b27.6x34.1x1.8x
Thu, 05 Mar 2026₹11.5t₹5.8t₹315.3b28.9x36.5x2x
Sat, 31 Jan 2026₹11.3t₹5.7t₹300.5b29.7x37.7x2x
Mon, 29 Dec 2025₹11.8t₹5.6t₹298.9b32.4x39.4x2.1x
Wed, 26 Nov 2025₹11.1t₹5.5t₹288.1b31.7x38.7x2x
Fri, 24 Oct 2025₹11.0t₹5.3t₹272.7b34x40.5x2.1x
Sun, 21 Sep 2025₹11.1t₹5.3t₹271.9b32.8x40.6x2.1x
Tue, 19 Aug 2025₹10.2t₹5.3t₹271.8b29.9x37.7x1.9x
Thu, 17 Jul 2025₹10.5t₹5.2t₹270.2b32.4x38.7x2x
Sat, 14 Jun 2025₹9.9t₹5.2t₹270.9b31.8x36.7x1.9x
Mon, 12 May 2025₹9.0t₹5.0t₹280.3b27.5x32.2x1.8x
Wed, 09 Apr 2025₹8.0t₹5.0t₹276.8b26.9x28.9x1.6x
Fri, 07 Mar 2025₹8.3t₹5.0t₹276.7b27.9x30.1x1.7x
Sun, 02 Feb 2025₹9.0t₹4.8t₹279.8b28.9x32.2x1.9x
Tue, 31 Dec 2024₹10.1t₹4.9t₹279.4b31.5x36x2.1x
Thu, 28 Nov 2024₹10.2t₹4.9t₹278.5b31.5x36.6x2.1x
Sat, 26 Oct 2024₹10.6t₹4.8t₹278.3b29.6x38x2.2x
Mon, 23 Sep 2024₹11.4t₹4.8t₹278.7b34.6x41x2.4x
Wed, 21 Aug 2024₹10.9t₹4.8t₹278.0b33.5x39.4x2.3x
Fri, 19 Jul 2024₹11.2t₹4.6t₹268.8b31.8x41.7x2.4x
Sun, 16 Jun 2024₹10.8t₹4.7t₹268.9b30.5x40.1x2.3x
Tue, 14 May 2024₹9.2t₹4.6t₹245.6b28.9x37.6x2x
Thu, 11 Apr 2024₹9.0t₹4.5t₹242.8b31x37.1x2x
Sat, 09 Mar 2024₹8.8t₹4.5t₹242.7b30.2x36.5x2x
Mon, 05 Feb 2024₹8.9t₹4.4t₹224.8b30.3x39.7x2x
Wed, 03 Jan 2024₹8.5t₹4.4t₹222.7b31.2x38.1x1.9x
Fri, 01 Dec 2023₹7.9t₹4.4t₹222.7b29.6x35.7x1.8x
Sun, 29 Oct 2023₹7.4t₹4.2t₹199.8b28.5x37.3x1.8x
Tue, 26 Sep 2023₹7.6t₹4.2t₹197.4b27.9x38.5x1.8x
Thu, 24 Aug 2023₹7.4t₹4.2t₹197.1b28.3x37.4x1.7x
Sat, 22 Jul 2023₹7.2t₹4.1t₹176.4b27x40.6x1.7x
Mon, 19 Jun 2023₹6.7t₹4.1t₹175.5b24.4x38.2x1.6x
Wed, 17 May 2023₹6.3t₹4.0t₹167.1b23.1x37.4x1.6x
Fri, 14 Apr 2023₹5.8t₹4.0t₹160.6b23.1x35.8x1.5x
Price to Earnings Ratio

35.8x


Total Market Cap: ₹5.8tTotal 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 34.1x 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 Market0.0067%
Consumer Discretionary-0.11%
Auto Components-0.56%
Auto Parts and Equipment-0.25%
Tires and Rubber-2.42%
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 20.6%, 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 below its 3-year average of 29.0x.
Forecasted Growth
  • Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 21% 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 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
500530 Bosch₹33.47k16.5%
+₹139.6b		26.1%PE35.8x
517334 Samvardhana Motherson International₹108.253.0%
+₹33.2b		41.8%PE33.5x
SONACOMS Sona BLW Precision Forgings₹509.405.8%
+₹17.3b		25.3%PE51.7x
TIINDIA Tube Investments of India₹2.58k2.6%
+₹12.7b		0.2%PE83.6x
532605 JBM Auto₹560.458.8%
+₹10.7b		-4.5%PE62.9x

Latest News

500530
₹33,465.40
Bosch
7D
16.5%
1Y
26.1%
532539
₹1,046.95
Uno Minda
7D
1.7%
1Y
30.3%

532539: Fair Value View Will Weigh Renewable Power Plans And New Plant Investments

Analysts have lifted their fair value estimate for Uno Minda from ₹906.55 to ₹1,012.89, pointing to updated assumptions for revenue growth, profit margins, discount rate and future P/E as the key drivers behind this change. What's in the News A board meeting is scheduled for March 30, 2026 to consider changes in senior management and to seek approval for investments in special purpose vehicles to source power from renewable energy (Key Developments).
505790
₹3,776.95
Schaeffler India
7D
-1.8%
1Y
26.2%

505790: Dividend Plans And Board Actions Will Support A Positive Outlook

Analysts have kept their ₹4,787 price target for Schaeffler India broadly unchanged, citing only small tweaks to assumptions such as a slightly higher discount rate and marginally adjusted long term revenue growth, profit margin and future P/E estimates. What's in the News The Board plans to consider and approve audited standalone and consolidated financial results for the quarter and year ended December 31, 2025, at a Board meeting on February 24, 2026, at 14:15 IST, along with consideration of a dividend recommendation for 2025 and the upcoming AGM (Key Developments).
SHRIPISTON
₹2,964.60
Shriram Pistons & Rings
7D
-1.7%
1Y
71.4%

SHRIPISTON: Governance Overhaul And Name Change Will Drive Future Upside

Analysts are keeping their price target on Shriram Pistons & Rings broadly unchanged at around ₹4,650, citing only marginal tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E multiple. What's in the News Change of corporate name from Shriram Pistons & Rings Limited to SPR Auto Technologies Limited, effective February 2, 2026, signalling a wider auto technology positioning (company filing).
SONACOMS
₹509.40
Sona BLW Precision Forgings
7D
5.8%
1Y
25.3%

SONACOMS: Steady Fair Value While Dividend Plans And P/E Compression Shape Outlook

Analysts have kept the price target for Sona BLW Precision Forgings steady at ₹455.00, reflecting updated assumptions around slightly different discount rates, revenue growth, profit margins and future P/E that still support the same fair value estimate. What's in the News A board meeting is scheduled for Jan 23, 2026 at 13:53 Indian Standard Time to review and approve standalone and consolidated unaudited financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
500086
₹298.75
Exide Industries
7D
3.7%
1Y
-15.6%

500086: Higher Margin Outlook And Subsidiary Investment Will Support Further Upside

Analysts have trimmed their price target on Exide Industries from ₹520.66 to ₹460.00, reflecting updated assumptions around revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value: Revised down from ₹520.66 to ₹460.00, a reduction of around 11.6%.
517334
₹108.25
Samvardhana Motherson International
7D
3.0%
1Y
41.8%

517334: Dividend And Dubai Venture Will Likely Shape Fairly Valued Outlook

Analysts have raised their price target for Samvardhana Motherson International from about ₹99 to around ₹109, citing updated assumptions on discount rate, revenue growth, profit margin and future P/E that adjust their view of the stock's valuation. What's in the News The board approved an interim dividend of ₹0.35 per equity share (face value ₹1) for the 2025-26 financial year, with a record date of March 27, 2026 (board meeting and dividend announcement).
ENDURANCE
₹2,201.20
Endurance Technologies
7D
-0.6%
1Y
22.2%

ENDURANCE: Upcoming Board Meeting May Support Higher Future Profitability Expectations

Analysts have reduced their price target on Endurance Technologies from ₹3,435 to ₹3,400, citing updated assumptions for revenue growth, profit margins and a slightly higher future P/E multiple. What's in the News Board meeting scheduled for May 14, 2026, to review audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026 (Company filing).
500493
₹1,672.10
Bharat Forge
7D
-0.2%
1Y
75.6%

500493: Defence Wins And Aerospace Deals Will Likely Sustain An Excessive Multiple

Analysts have trimmed their implied fair value estimate for Bharat Forge slightly from about ₹1,036 to about ₹1,029, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Bharat Forge Aerospace Division secured defence contracts worth about ₹3,000 million under the Emergency Procurement VI framework, covering indigenous unmanned systems for the Indian Army and Indian Navy, including ISR platforms and loitering munitions such as Omega One, Omega Nine, Bayonet and Cleaver (Key Developments).
MSUMI
₹36.76
Motherson Sumi Wiring India
7D
-0.4%
1Y
9.7%

MSUMI: ESOP Scheme And Board Decisions Will Support Future Earnings Visibility

Analysts have kept their price target for Motherson Sumi Wiring India broadly steady at around ₹53, citing only small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions rather than any major change in their view on the company. What's in the News A board meeting is scheduled for Jan 30, 2026 to consider and approve unaudited financial results for the third quarter and nine months ended Dec 31, 2025 (company filing).
LUMAXTECH
₹1,662.20
Lumax Auto Technologies
7D
9.2%
1Y
249.9%

LUMAXTECH: Upcoming Board Review Of Channel Financing Support Will Underpin Upside Potential

Analysts have kept the price target for Lumax Auto Technologies steady at ₹2,271, pointing to only small tweaks in assumptions around the discount rate, revenue growth and profit margin, along with a slightly adjusted future P/E multiple. What's in the News Board meeting scheduled for February 12, 2026 at 12:15 Indian Standard Time to review and approve the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025 (company filing).
532605
₹560.45
JBM Auto
7D
8.8%
1Y
-4.5%
TIINDIA
₹2,582.90
Tube Investments of India
7D
2.6%
1Y
0.2%

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.
ASKAUTOLTD
₹434.50
ASK Automotive
7D
-2.3%
1Y
8.0%

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.
MRF
₹127,045.00
MRF
7D
-1.1%
1Y
15.1%

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

Feb 10
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WHEELS
₹938.90
Wheels India
7D
-5.9%
1Y
59.8%