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Indian (NIFTY) Auto Components Industry Analysis
UpdatedDec 14, 2024
DataAggregated Company Financials
Companies129
- 7D-0.4%
- 3M-7.2%
- 1Y27.5%
- YTD22.0%
Last week, the Auto Components industry hasn't moved much but JBM Auto is up 9.4% in that time. The past year has been better, since the industry has gained 27% in that time. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Sat, 14 Dec 2024 | ₹10.5t | ₹4.9t | ₹278.6b | 33.4x | 37.8x | 2.2x |
| Mon, 11 Nov 2024 | ₹10.4t | ₹4.8t | ₹277.1b | 32x | 37.6x | 2.2x |
| Wed, 09 Oct 2024 | ₹11.0t | ₹4.8t | ₹278.3b | 33.3x | 39.6x | 2.3x |
| Fri, 06 Sep 2024 | ₹11.2t | ₹4.8t | ₹278.0b | 35x | 40.3x | 2.4x |
| Sun, 04 Aug 2024 | ₹11.1t | ₹4.6t | ₹270.8b | 34.1x | 41.1x | 2.4x |
| Tue, 02 Jul 2024 | ₹11.3t | ₹4.7t | ₹268.9b | 31.9x | 42x | 2.4x |
| Thu, 30 May 2024 | ₹9.9t | ₹4.6t | ₹260.5b | 28.7x | 38.1x | 2.1x |
| Sat, 27 Apr 2024 | ₹9.2t | ₹4.5t | ₹242.9b | 30.7x | 37.9x | 2x |
| Mon, 25 Mar 2024 | ₹8.7t | ₹4.5t | ₹242.7b | 29.8x | 35.8x | 1.9x |
| Wed, 21 Feb 2024 | ₹9.0t | ₹4.5t | ₹242.5b | 31.1x | 37x | 2x |
| Fri, 19 Jan 2024 | ₹8.7t | ₹4.4t | ₹223.0b | 31x | 39.1x | 2x |
| Sun, 17 Dec 2023 | ₹8.2t | ₹4.4t | ₹222.7b | 30.6x | 37x | 1.9x |
| Tue, 14 Nov 2023 | ₹7.6t | ₹4.3t | ₹220.6b | 28.2x | 34.4x | 1.8x |
| Thu, 12 Oct 2023 | ₹7.5t | ₹4.2t | ₹197.5b | 28.7x | 38.2x | 1.8x |
| Sat, 09 Sep 2023 | ₹7.7t | ₹4.2t | ₹197.2b | 29.1x | 39.2x | 1.8x |
| Mon, 07 Aug 2023 | ₹7.3t | ₹4.1t | ₹186.9b | 27.9x | 39.2x | 1.8x |
| Wed, 05 Jul 2023 | ₹6.9t | ₹4.1t | ₹175.6b | 26.8x | 39.3x | 1.7x |
| Fri, 02 Jun 2023 | ₹6.4t | ₹4.1t | ₹175.7b | 22.9x | 36.4x | 1.6x |
| Sun, 30 Apr 2023 | ₹6.0t | ₹4.0t | ₹160.6b | 24.1x | 37.3x | 1.5x |
| Tue, 28 Mar 2023 | ₹5.5t | ₹4.0t | ₹160.6b | 19.7x | 34x | 1.4x |
| Thu, 23 Feb 2023 | ₹5.8t | ₹4.0t | ₹160.3b | 20.4x | 36.3x | 1.5x |
| Sat, 21 Jan 2023 | ₹5.8t | ₹3.8t | ₹155.0b | 23.7x | 37.5x | 1.5x |
| Mon, 19 Dec 2022 | ₹5.9t | ₹3.8t | ₹154.9b | 24.3x | 38.4x | 1.6x |
| Wed, 16 Nov 2022 | ₹5.7t | ₹3.8t | ₹155.4b | 22.7x | 36.8x | 1.5x |
| Fri, 14 Oct 2022 | ₹5.6t | ₹3.6t | ₹150.7b | 22.6x | 37.2x | 1.6x |
| Sun, 11 Sep 2022 | ₹5.9t | ₹3.5t | ₹146.0b | 23x | 40.4x | 1.7x |
| Tue, 09 Aug 2022 | ₹5.7t | ₹3.4t | ₹142.9b | 23x | 39.6x | 1.7x |
| Thu, 07 Jul 2022 | ₹5.2t | ₹3.3t | ₹136.1b | 23.7x | 38.4x | 1.6x |
| Sat, 04 Jun 2022 | ₹5.0t | ₹3.3t | ₹135.2b | 22x | 37.1x | 1.5x |
| Mon, 02 May 2022 | ₹5.4t | ₹3.3t | ₹138.6b | 22.4x | 39.2x | 1.6x |
| Wed, 30 Mar 2022 | ₹5.2t | ₹3.3t | ₹137.5b | 20.5x | 37.7x | 1.6x |
| Fri, 25 Feb 2022 | ₹4.7t | ₹3.3t | ₹137.3b | 19.9x | 34.5x | 1.4x |
| Sun, 23 Jan 2022 | ₹5.4t | ₹3.3t | ₹148.6b | 22.4x | 36.6x | 1.7x |
| Tue, 21 Dec 2021 | ₹5.1t | ₹3.3t | ₹150.2b | 18.3x | 34x | 1.6x |
Price to Earnings Ratio
34x
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 37.9x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 23% 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 | 0.042% | |
| Consumer Discretionary | -0.057% | |
| Auto Components | -0.39% | |
| Tires and Rubber | 1.82% | |
| Auto Parts and Equipment | -0.83% | |
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 40.9x.
- Analysts expect its future annual earnings growth (20.1%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading close to its 3-year average of 29.5x.
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 roughly in line with its past earnings growth rate.
- 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 | |
|---|---|---|---|---|---|
| 532605 JBM Auto | ₹1.76k | 9.4% +₹17.9b | 25.6% | PE111.3x | |
| VARROC Varroc Engineering | ₹598.80 | 15.8% +₹12.5b | 12.7% | PE17.3x | |
| MRF MRF | ₹133.24k | 2.0% +₹11.0b | 11.0% | PE29x | |
| 502355 Balkrishna Industries | ₹2.86k | 1.8% +₹9.8b | 11.2% | PE33.9x | |
| 532756 CIE Automotive India | ₹496.20 | 2.9% +₹5.4b | 3.9% | PE23x |
