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Indian (NIFTY) Auto Components Industry Analysis

UpdatedApr 04, 2026
DataAggregated Company Financials
Companies133
  • 7D-0.6%
  • 3M-11.5%
  • 1Y16.5%
  • YTD-9.7%

Over the last 7 days, the Auto Components industry has dropped 3.0%, driven by Samvardhana Motherson International declining 5.5%. Meanwhile, Bosch actually outperformed within the industry, gaining 5.8% in the last week. In the past year, the industry has gained 12%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 04 Apr 2026₹10.8t₹5.8t₹315.5b27.6x34.1x1.8x
Mon, 02 Mar 2026₹12.2t₹5.8t₹315.2b30.1x38.7x2.1x
Wed, 28 Jan 2026₹11.1t₹5.6t₹299.5b28.9x36.9x2x
Fri, 26 Dec 2025₹11.8t₹5.6t₹298.9b32.8x39.6x2.1x
Sun, 23 Nov 2025₹11.2t₹5.5t₹288.1b31.7x38.7x2x
Tue, 21 Oct 2025₹10.8t₹5.3t₹272.7b33.8x39.7x2.1x
Thu, 18 Sep 2025₹11.1t₹5.3t₹271.9b33.4x40.7x2.1x
Sat, 16 Aug 2025₹10.0t₹5.3t₹271.9b29x36.6x1.9x
Mon, 14 Jul 2025₹10.2t₹5.2t₹270.2b31.5x37.9x2x
Wed, 11 Jun 2025₹10.1t₹5.2t₹270.9b32.3x37.4x2x
Fri, 09 May 2025₹9.1t₹5.0t₹278.4b28x32.5x1.8x
Sun, 06 Apr 2025₹8.2t₹5.0t₹276.8b27.4x29.6x1.7x
Tue, 04 Mar 2025₹8.0t₹5.0t₹276.7b26.6x28.8x1.6x
Thu, 30 Jan 2025₹9.0t₹4.9t₹280.8b28.4x32x1.8x
Sat, 28 Dec 2024₹10.2t₹4.9t₹279.4b32.3x36.4x2.1x
Mon, 25 Nov 2024₹10.1t₹4.9t₹278.5b30.8x36.2x2.1x
Wed, 23 Oct 2024₹10.7t₹4.8t₹277.4b31.8x38.5x2.2x
Fri, 20 Sep 2024₹11.3t₹4.8t₹278.7b34x40.4x2.4x
Sun, 18 Aug 2024₹10.8t₹4.8t₹278.0b33.2x38.9x2.3x
Tue, 16 Jul 2024₹11.2t₹4.7t₹268.8b31.9x41.8x2.4x
Thu, 13 Jun 2024₹10.4t₹4.7t₹268.9b30.2x38.8x2.2x
Sat, 11 May 2024₹9.3t₹4.6t₹245.7b29.3x37.8x2x
Mon, 08 Apr 2024₹9.0t₹4.5t₹242.8b31.2x37x2x
Wed, 06 Mar 2024₹9.0t₹4.5t₹242.7b30.5x37.1x2x
Fri, 02 Feb 2024₹8.9t₹4.4t₹227.2b30.5x39.3x2x
Sun, 31 Dec 2023₹8.4t₹4.4t₹222.7b31x37.8x1.9x
Tue, 28 Nov 2023₹7.9t₹4.4t₹222.7b29.4x35.3x1.8x
Thu, 26 Oct 2023₹7.3t₹4.2t₹199.3b27.7x36.7x1.7x
Sat, 23 Sep 2023₹7.6t₹4.2t₹197.4b27.9x38.4x1.8x
Mon, 21 Aug 2023₹7.2t₹4.2t₹197.1b28.1x36.8x1.7x
Wed, 19 Jul 2023₹7.2t₹4.1t₹176.1b26.9x40.7x1.8x
Fri, 16 Jun 2023₹6.6t₹4.1t₹175.5b24.6x37.9x1.6x
Sun, 14 May 2023₹6.3t₹4.0t₹166.4b23.2x37.7x1.6x
Tue, 11 Apr 2023₹5.7t₹4.0t₹160.6b23.1x35.3x1.4x
Price to Earnings Ratio

35.3x


Total Market Cap: ₹5.7tTotal 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 Market0.0059%
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₹32.14k8.5%
+₹74.0b		17.7%PE34.4x
505714 Gabriel India₹875.956.5%
+₹7.6b		57.7%PE50.3x
ZFCVINDIA ZF Commercial Vehicle Control Systems India₹13.97k2.2%
+₹5.6b		6.4%PE53.3x
SONACOMS Sona BLW Precision Forgings₹496.551.6%
+₹4.9b		17.7%PE50.4x
532756 CIE Automotive India₹456.352.2%
+₹3.7b		16.7%PE21x

Latest News

502355
₹2,065.00
Balkrishna Industries
7D
-4.0%
1Y
-13.8%

502355: New Distribution Partnership And Funding Plans Will Support Future Upside

Analysts have nudged their price target on Balkrishna Industries slightly higher from ₹2,337.00 to about ₹2,348.28. The revision reflects updated fair value work that incorporates small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions.
SONACOMS
₹496.55
Sona BLW Precision Forgings
7D
1.6%
1Y
17.7%

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).
517334
₹106.95
Samvardhana Motherson International
7D
-2.2%
1Y
34.6%

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).
500530
₹32,137.75
Bosch
7D
8.5%
1Y
17.7%

500530: Upcoming E Mobility Joint Venture Will Drive Long Term Upside Potential

Analysts have trimmed their price target on Bosch from ₹36,320 to ₹35,603, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Bosch Limited and Tata AutoComp Systems plan a 50:50 joint venture focused on engineering, manufacturing and sales of eAxle systems and electric motors in India, with operations targeted to start by mid 2026, subject to regulatory approvals (Key Developments).
500493
₹1,642.40
Bharat Forge
7D
-4.8%
1Y
60.3%

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).
505714
₹875.95
Gabriel India
7D
6.5%
1Y
57.7%

505714: Board Governance And Margin Assumptions Will Drive Future Upside Potential

Gabriel India's analyst fair value estimate has been adjusted slightly from ₹1,186.67 to ₹1,184.25, with analysts pointing to updated assumptions for the discount rate, revenue growth, profit margins and future P/E as the drivers of this change. What's in the News A board meeting is scheduled on February 3, 2026, at 11:48 Indian Standard Time to review and approve the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).
532756
₹456.35
CIE Automotive India
7D
2.2%
1Y
16.7%

532756: Upcoming Results And Dividend Decision Will Support Bullish Outlook

The analyst price target for CIE Automotive India has been nudged up from ₹533.50 to ₹535.25, with analysts pointing to small refinements in fair value assumptions, discount rate, revenue growth, profit margin and forward P/E inputs to support the revision. What's in the News CIE Automotive India has scheduled a board meeting on Feb 19, 2026, at 16:40 Indian Standard Time to consider and approve audited standalone and consolidated financial results for the quarter and financial year ended Dec 31, 2025, and to consider recommending a dividend on equity shares and other matters (Key Developments).
MINDACORP
₹501.40
Minda
7D
-5.2%
1Y
-3.5%

MINDACORP: New Finance Leadership And ESOP Overhaul Will Support Future Upside

Analysts have trimmed Minda's implied fair value estimate slightly from about ₹693.50 to roughly ₹686.83. This reflects updated views on discount rate, revenue growth, profit margin and future P/E assumptions.
MSUMI
₹37.07
Motherson Sumi Wiring India
7D
-2.2%
1Y
8.1%

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).
ZFCVINDIA
₹13,974.00
ZF Commercial Vehicle Control Systems India
7D
2.2%
1Y
6.4%

ZFCVINDIA: ADAS Regulation Tailwinds Will Support Future Upside Potential

Analysts are maintaining their price target for ZF Commercial Vehicle Control Systems India at ₹17,750, reflecting only minor adjustments to assumptions such as the discount rate, long-term revenue growth, profit margin and future P/E, which leave the overall valuation view essentially unchanged. What's in the News Board meeting scheduled on Feb 10, 2026 at 14:05 IST to review unaudited standalone and consolidated financial results for the quarter ended Dec 31, 2025 and to consider and approve a postal ballot process to seek shareholder approval (Board Meeting).
517168
₹683.30
Subros
7D
4.9%
1Y
17.3%

517168: New EV And Hybrid Contracts Will Support Future Returns

Analysts have lifted their price target on Subros from ₹956.50 to about ₹999.70, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers behind the revision. What's in the News Confirmation of a new business award from Maruti Suzuki India Limited for supply of local electric compressors for upcoming EV and hybrid programs, with an approximate value of ₹12,800 million spread over about seven years, supported by technical assistance from DENSO Corporation and Toyota Industries Corporation, Japan (client announcement).
532605
₹561.55
JBM Auto
7D
2.6%
1Y
-7.7%
505790
₹3,765.05
Schaeffler India
7D
-5.5%
1Y
20.3%

505790: Dividend And Board Actions Will Shape A Constructive Outlook

The analyst fair value estimate for Schaeffler India has shifted slightly higher from about ₹4,710 to roughly ₹4,787, with analysts pointing to updated assumptions on the discount rate, long term revenue growth, profit margin and future P/E as the key drivers behind the change. What's in the News A board meeting is scheduled for Feb 24, 2026, to review the audited standalone and consolidated financial results for the quarter and year ended Dec 31, 2025, consider a dividend recommendation for 2025, and discuss the upcoming AGM (company announcement).
532539
₹1,024.50
Uno Minda
7D
-2.2%
1Y
23.3%

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).
505242
₹9,387.45
Dynamatic Technologies
7D
3.5%
1Y
54.7%
MRF
₹126,390.00
MRF
7D
-2.5%
1Y
11.6%

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

Feb 10
Analyst Estimates: Here's What Brokers Think Of MRF Limited (NSE:MRF) After Its Third-Quarter Report