Narrative Update • Jul 20
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Indian (NIFTY) Auto Components Industry Analysis
UpdatedJul 22, 2026
DataAggregated Company Financials
Companies136
- 7D1.4%
- 3M6.6%
- 1Y14.2%
- YTD9.7%
In the last week, the Auto Components industry is up 1.4%, with Sona BLW Precision Forgings leading the way with a 9.9% gain. In the same time, Balkrishna Industries was down 5.9%. This means that the industry has gained 14% over the past year. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Indian Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Jul 2026 | ₹13.1t | ₹6.1t | ₹340.4b | 27.9x | 38.4x | 2.1x |
| Fri, 19 Jun 2026 | ₹12.7t | ₹6.1t | ₹341.1b | 27.6x | 37.1x | 2.1x |
| Sun, 17 May 2026 | ₹12.0t | ₹6.1t | ₹328.3b | 27.8x | 36.4x | 2x |
| Tue, 14 Apr 2026 | ₹11.6t | ₹5.8t | ₹315.5b | 28.6x | 36.8x | 2x |
| Thu, 12 Mar 2026 | ₹11.4t | ₹5.8t | ₹315.7b | 29.1x | 36.1x | 1.9x |
| Sat, 07 Feb 2026 | ₹11.7t | ₹5.7t | ₹303.4b | 30.1x | 38.6x | 2x |
| Mon, 05 Jan 2026 | ₹12.2t | ₹5.6t | ₹298.9b | 33.3x | 40.7x | 2.2x |
| Wed, 03 Dec 2025 | ₹11.4t | ₹5.5t | ₹288.1b | 32.6x | 39.5x | 2.1x |
| Fri, 31 Oct 2025 | ₹10.9t | ₹5.3t | ₹274.8b | 33.5x | 39.8x | 2.1x |
| Sun, 28 Sep 2025 | ₹10.7t | ₹5.3t | ₹271.9b | 32x | 39.4x | 2x |
| Tue, 26 Aug 2025 | ₹10.4t | ₹5.3t | ₹271.9b | 30.2x | 38.1x | 2x |
| Thu, 24 Jul 2025 | ₹10.3t | ₹5.2t | ₹269.2b | 32.1x | 38.4x | 2x |
| Sat, 21 Jun 2025 | ₹9.8t | ₹5.2t | ₹271.9b | 30.6x | 36.1x | 1.9x |
| Mon, 19 May 2025 | ₹9.6t | ₹5.0t | ₹273.9b | 31.7x | 35.2x | 1.9x |
| Wed, 16 Apr 2025 | ₹8.5t | ₹5.0t | ₹276.6b | 27.5x | 30.8x | 1.7x |
| Fri, 14 Mar 2025 | ₹8.2t | ₹5.0t | ₹276.7b | 26.6x | 29.6x | 1.6x |
| Sun, 09 Feb 2025 | ₹9.1t | ₹4.9t | ₹278.7b | 29.7x | 32.6x | 1.8x |
| Tue, 07 Jan 2025 | ₹9.9t | ₹4.9t | ₹279.4b | 31.4x | 35.4x | 2x |
| Thu, 05 Dec 2024 | ₹10.5t | ₹4.9t | ₹278.5b | 33.5x | 37.6x | 2.2x |
| Sat, 02 Nov 2024 | ₹10.7t | ₹4.8t | ₹278.9b | 32.1x | 38.4x | 2.2x |
| Mon, 30 Sep 2024 | ₹11.5t | ₹4.8t | ₹278.2b | 34.1x | 41.4x | 2.4x |
| Wed, 28 Aug 2024 | ₹11.2t | ₹4.8t | ₹278.0b | 34.6x | 40.2x | 2.3x |
| Fri, 26 Jul 2024 | ₹11.1t | ₹4.6t | ₹269.5b | 32.8x | 41x | 2.4x |
| Sun, 23 Jun 2024 | ₹10.9t | ₹4.7t | ₹268.9b | 30.7x | 40.5x | 2.3x |
| Tue, 21 May 2024 | ₹9.6t | ₹4.6t | ₹249.8b | 30.3x | 38.3x | 2.1x |
| Thu, 18 Apr 2024 | ₹9.0t | ₹4.5t | ₹242.8b | 30.5x | 37.2x | 2x |
| Sat, 16 Mar 2024 | ₹8.5t | ₹4.5t | ₹242.7b | 28.8x | 35.1x | 1.9x |
| Mon, 12 Feb 2024 | ₹8.8t | ₹4.5t | ₹237.4b | 29.1x | 37.2x | 2x |
| Wed, 10 Jan 2024 | ₹8.7t | ₹4.4t | ₹222.7b | 31.8x | 39.2x | 2x |
| Fri, 08 Dec 2023 | ₹8.1t | ₹4.4t | ₹222.7b | 31.4x | 36.4x | 1.9x |
| Sun, 05 Nov 2023 | ₹7.5t | ₹4.3t | ₹208.6b | 28.5x | 35.9x | 1.8x |
| Tue, 03 Oct 2023 | ₹7.5t | ₹4.2t | ₹197.4b | 28.2x | 38.2x | 1.8x |
| Thu, 31 Aug 2023 | ₹7.4t | ₹4.2t | ₹197.1b | 28.5x | 37.6x | 1.8x |
| Sat, 29 Jul 2023 | ₹7.2t | ₹4.1t | ₹178.8b | 28.1x | 40.3x | 1.7x |
Price to Earnings Ratio
40.3x
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 2.0x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 24% 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 | 0.77% | |
| Consumer Discretionary | 1.56% | |
| Auto Components | 1.42% | |
| Auto Parts and Equipment | 1.82% | |
| Tires and Rubber | -1.50% | |
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 40.2x.
- Analysts are expecting annual earnings growth of 19.0%, which is higher than its past year's earnings growth of 14.0% per year.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 27.8x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings growth rate of 14% per year.
- In contrast, 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500493 Bharat Forge | ₹2.18k | 4.0% +₹40.4b | 78.5% | PE96.7x | |
| SONACOMS Sona BLW Precision Forgings | ₹726.50 | 8.6% +₹35.6b | 48.6% | PE70.6x | |
| 500086 Exide Industries | ₹448.00 | 6.9% +₹24.7b | 14.3% | PE44.6x | |
| 520056 TVS Holdings | ₹14.86k | 6.3% +₹17.9b | 20.0% | PE15.3x | |
| 517334 Samvardhana Motherson International | ₹143.60 | 1.1% +₹16.3b | 45.3% | PE39.2x |
