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Indian (NIFTY) Auto Components Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies129
- 7D-0.2%
- 3M-15.5%
- 1Y-4.9%
- YTD-15.3%
The Auto Components is pretty flat in the last 7 days, but Asahi India Glass has stood out, gaining 11%. As for the longer term, the industry has declined 4.9% in the last year. As for the next few years, earnings are expected to grow by 19% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | ₹8.6t | ₹5.0t | ₹276.7b | 28.3x | 31x | 1.7x |
| Sun, 19 Jan 2025 | ₹9.6t | ₹4.9t | ₹277.7b | 30.9x | 34.6x | 2x |
| Tue, 17 Dec 2024 | ₹10.6t | ₹4.9t | ₹278.6b | 33.4x | 38x | 2.2x |
| Thu, 14 Nov 2024 | ₹9.8t | ₹4.9t | ₹278.5b | 29x | 35.4x | 2x |
| Sat, 12 Oct 2024 | ₹11.2t | ₹4.8t | ₹278.3b | 33.3x | 40.3x | 2.4x |
| Mon, 09 Sep 2024 | ₹11.0t | ₹4.8t | ₹278.0b | 34.9x | 39.5x | 2.3x |
| Wed, 07 Aug 2024 | ₹10.6t | ₹4.6t | ₹271.7b | 32.2x | 39x | 2.3x |
| Fri, 05 Jul 2024 | ₹11.4t | ₹4.7t | ₹268.7b | 32.1x | 42.5x | 2.4x |
| Sun, 02 Jun 2024 | ₹9.9t | ₹4.7t | ₹267.9b | 28.6x | 36.9x | 2.1x |
| Tue, 30 Apr 2024 | ₹9.2t | ₹4.5t | ₹242.9b | 30.6x | 38x | 2x |
| Thu, 28 Mar 2024 | ₹8.7t | ₹4.5t | ₹242.7b | 29.5x | 36x | 1.9x |
| Sat, 24 Feb 2024 | ₹9.0t | ₹4.5t | ₹242.6b | 31.5x | 37x | 2x |
| Mon, 22 Jan 2024 | ₹8.9t | ₹4.4t | ₹222.0b | 31x | 40.2x | 2x |
| Wed, 20 Dec 2023 | ₹8.3t | ₹4.4t | ₹222.7b | 30.7x | 37.2x | 1.9x |
| Fri, 17 Nov 2023 | ₹7.8t | ₹4.4t | ₹222.6b | 28.9x | 34.9x | 1.8x |
| Sun, 15 Oct 2023 | ₹7.6t | ₹4.2t | ₹197.5b | 28.8x | 38.5x | 1.8x |
| Tue, 12 Sep 2023 | ₹7.8t | ₹4.2t | ₹197.4b | 29.3x | 39.7x | 1.9x |
| Thu, 10 Aug 2023 | ₹7.3t | ₹4.1t | ₹187.3b | 29.4x | 39.1x | 1.8x |
| Sat, 08 Jul 2023 | ₹7.1t | ₹4.1t | ₹176.1b | 27.1x | 40.1x | 1.7x |
| Mon, 05 Jun 2023 | ₹6.4t | ₹4.1t | ₹175.5b | 24.4x | 36.7x | 1.6x |
| Wed, 03 May 2023 | ₹6.0t | ₹4.0t | ₹160.8b | 24.4x | 37.3x | 1.5x |
| Fri, 31 Mar 2023 | ₹5.5t | ₹4.0t | ₹160.6b | 21.3x | 34.3x | 1.4x |
| Sun, 26 Feb 2023 | ₹5.8t | ₹4.0t | ₹160.1b | 20.3x | 36.4x | 1.5x |
| Tue, 24 Jan 2023 | ₹5.8t | ₹3.8t | ₹155.0b | 23.5x | 37.5x | 1.5x |
| Thu, 22 Dec 2022 | ₹5.9t | ₹3.8t | ₹154.9b | 24.1x | 38.1x | 1.6x |
| Sat, 19 Nov 2022 | ₹5.8t | ₹3.8t | ₹154.6b | 21.8x | 37.2x | 1.5x |
| Mon, 17 Oct 2022 | ₹5.6t | ₹3.6t | ₹150.7b | 22.6x | 37x | 1.6x |
| Wed, 14 Sep 2022 | ₹5.9t | ₹3.5t | ₹146.0b | 23.6x | 40.6x | 1.7x |
| Fri, 12 Aug 2022 | ₹5.6t | ₹3.5t | ₹144.4b | 22.3x | 38.9x | 1.6x |
| Sun, 10 Jul 2022 | ₹5.3t | ₹3.3t | ₹136.1b | 24.4x | 39x | 1.6x |
| Tue, 07 Jun 2022 | ₹5.0t | ₹3.3t | ₹135.4b | 21.6x | 36.9x | 1.5x |
| Thu, 05 May 2022 | ₹5.3t | ₹3.3t | ₹139.1b | 22.1x | 37.9x | 1.6x |
| Sat, 02 Apr 2022 | ₹5.3t | ₹3.3t | ₹137.5b | 21.8x | 38.4x | 1.6x |
| Mon, 28 Feb 2022 | ₹4.9t | ₹3.3t | ₹137.3b | 20.8x | 35.6x | 1.5x |
Price to Earnings Ratio
35.6x
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 31.0x which is lower than its 3-year average PE of 37.7x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 26% 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 | -0.74% | |
| Consumer Discretionary | -0.91% | |
| Auto Components | -0.22% | |
| Tires and Rubber | 1.13% | |
| Auto Parts and Equipment | -0.51% | |
Industry PE
- Investors are most optimistic about the Auto Parts and Equipment industry even though it's trading below its 3-year average PE ratio of 40.5x.
- Analysts are expecting annual earnings growth of 19.6%, which is higher than its past year's earnings growth of 11.6% per year.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 29.8x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| TIINDIA Tube Investments of India | ₹2.69k | 4.1% +₹20.3b | -25.9% | PE63.9x | |
| 517334 Samvardhana Motherson International | ₹128.75 | 2.1% +₹18.3b | 11.4% | PE22x | |
| 502355 Balkrishna Industries | ₹2.71k | 3.2% +₹16.4b | 16.0% | PE29.5x | |
| SONACOMS Sona BLW Precision Forgings | ₹507.45 | 3.7% +₹11.3b | -21.8% | PE53.9x | |
| 500530 Bosch | ₹27.35k | 1.3% +₹10.4b | -3.3% | PE39.8x |
