Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indian (NIFTY) Auto Components Industry Analysis

UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies132
  • 7D0.4%
  • 3M3.0%
  • 1Y29.4%
  • YTD1.7%

Last week, the Auto Components industry hasn't moved much but Bharat Forge is up 6.3% in that time. As for the the longer term, the industry is up 29% over the past 12 months. 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, 24 Feb 2026₹12.1t₹5.8t₹314.1b31.1x38.6x2.1x
Thu, 22 Jan 2026₹11.1t₹5.6t₹299.5b28.7x36.9x2x
Sat, 20 Dec 2025₹11.9t₹5.6t₹298.9b32.3x39.8x2.1x
Mon, 17 Nov 2025₹11.2t₹5.5t₹282.4b32.4x39.6x2x
Wed, 15 Oct 2025₹10.7t₹5.3t₹271.9b33.4x39.2x2x
Fri, 12 Sep 2025₹10.7t₹5.3t₹271.9b31.5x39.4x2x
Sun, 10 Aug 2025₹9.8t₹5.3t₹278.2b29.7x35.2x1.9x
Tue, 08 Jul 2025₹10.3t₹5.2t₹270.2b31.3x38.1x2x
Thu, 05 Jun 2025₹9.9t₹5.2t₹270.9b30.9x36.5x1.9x
Sat, 03 May 2025₹8.8t₹5.0t₹276.7b28.3x31.9x1.8x
Mon, 31 Mar 2025₹8.5t₹5.0t₹276.8b27.1x30.9x1.7x
Wed, 26 Feb 2025₹8.3t₹5.0t₹276.7b29.1x30.1x1.7x
Fri, 24 Jan 2025₹9.4t₹4.9t₹277.7b29.5x33.7x1.9x
Sun, 22 Dec 2024₹10.1t₹4.9t₹278.6b31.9x36.3x2.1x
Tue, 19 Nov 2024₹10.0t₹4.9t₹278.0b30.4x35.8x2x
Thu, 17 Oct 2024₹11.3t₹4.8t₹278.3b33.3x40.5x2.4x
Sat, 14 Sep 2024₹11.3t₹4.8t₹278.7b34.8x40.5x2.4x
Mon, 12 Aug 2024₹10.8t₹4.7t₹272.9b34.2x39.7x2.3x
Wed, 10 Jul 2024₹11.5t₹4.7t₹268.9b33x42.6x2.5x
Fri, 07 Jun 2024₹10.1t₹4.7t₹268.7b28.3x37.7x2.2x
Sun, 05 May 2024₹9.3t₹4.6t₹244.1b30.3x38x2x
Tue, 02 Apr 2024₹8.9t₹4.5t₹242.7b30.3x36.6x2x
Thu, 29 Feb 2024₹8.9t₹4.5t₹242.7b30.6x36.6x2x
Sat, 27 Jan 2024₹8.8t₹4.4t₹225.5b30.7x39.1x2x
Mon, 25 Dec 2023₹8.2t₹4.4t₹222.7b30.6x36.9x1.9x
Wed, 22 Nov 2023₹7.8t₹4.4t₹222.7b29.6x35x1.8x
Fri, 20 Oct 2023₹7.6t₹4.2t₹199.5b29.6x38.2x1.8x
Sun, 17 Sep 2023₹7.7t₹4.2t₹197.4b28.8x39.1x1.8x
Tue, 15 Aug 2023₹7.2t₹4.2t₹196.9b28x36.6x1.7x
Thu, 13 Jul 2023₹7.2t₹4.1t₹176.1b27.2x40.7x1.7x
Sat, 10 Jun 2023₹6.5t₹4.1t₹175.5b24.2x37.1x1.6x
Mon, 08 May 2023₹6.1t₹4.0t₹162.9b25.1x37.5x1.5x
Wed, 05 Apr 2023₹5.6t₹4.0t₹160.6b22.5x35.1x1.4x
Fri, 03 Mar 2023₹5.8t₹4.0t₹160.1b20.5x36.5x1.5x
Price to Earnings Ratio

36.5x


Total Market Cap: ₹5.8tTotal Earnings: ₹160.1bTotal 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 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 1.9x.
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 Market0.13%
Consumer Discretionary-0.58%
Auto Components0.39%
Auto Parts and Equipment1.00%
Tires and Rubber-3.04%
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 39.9x.
    • Analysts are expecting annual earnings growth of 20.9%, 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 close to its 3-year average of 29.3x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Tires and Rubber 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
500493 Bharat Forge₹1.86k6.0%
+₹50.6b		77.9%PE78.7x
505790 Schaeffler India₹4.08k7.9%
+₹46.6b		30.8%PE59.9x
ENDURANCE Endurance Technologies₹2.69k6.3%
+₹22.5b		47.1%PE41x
TIINDIA Tube Investments of India₹2.56k4.1%
+₹19.4b		-1.3%PE82.9x
532756 CIE Automotive India₹494.356.9%
+₹12.1b		23.9%PE23.4x

Latest News

TIINDIA
₹2,562.70
Tube Investments of India
7D
4.1%
1Y
-1.3%

TIINDIA: Interim Dividend Decision And Director Reappointment Will Support Ongoing Share Strength

Analysts have maintained their fair value estimate for Tube Investments of India at ₹3,306.83. Only minor adjustments have been made to inputs such as the discount rate and assumed future P/E, indicating that their view of the stock’s longer term valuation drivers remains largely unchanged.
532756
₹494.35
CIE Automotive India
7D
6.9%
1Y
23.9%

Capacity Expansion And EV Exposure Will Shape A Cautious Yet Balanced Outlook

Catalysts About CIE Automotive India CIE Automotive India is a diversified auto components group with manufacturing operations in India, Europe and Mexico, supplying multiple processes and product lines across light vehicles, 2 and 3 wheelers, tractors and heavy trucks. What are the underlying business or industry changes driving this perspective?
APOLLOTYRE
₹454.75
Apollo Tyres
7D
-4.9%
1Y
14.0%

APOLLOTYRE: Future Returns Will Reflect Capacity Expansion And Refined Earnings Assumptions

The latest analyst update on Apollo Tyres reflects a modest recalibration of assumptions, with the long term fair value held around ₹562.71 per share while analysts factor in slightly higher discount rates and revenue growth expectations, along with a small adjustment to profit margin and future P/E inputs. Analyst Commentary Recent Street research around Apollo branded entities has focused on recalibrating price targets rather than making sweeping calls.
532539
₹1,179.50
Uno Minda
7D
-3.1%
1Y
38.1%

532539: New EV And Renewable Projects Will Support Bullish Repricing

Analysts have lifted their price target on Uno Minda from ₹1,500 to ₹1,575, citing updated assumptions around the discount rate, revenue growth, profit margins and future P/E that slightly reframe the stock’s risk and earnings profile. 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 to be added in phases (board meeting held on February 5, 2026).
505790
₹4,082.55
Schaeffler India
7D
7.9%
1Y
30.8%

505790: Steady Outlook And Upcoming Dividend Decision Will Drive Future Upside Potential

Analysts have kept their price target for Schaeffler India steady at ₹4,519.88, with small tweaks to assumptions such as a slightly lower discount rate, unchanged fair value, and a broadly similar future P/E outlook. What's in the News Board meeting scheduled for February 24, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and year ended December 31, 2025, and to consider a dividend recommendation for 2025 if the board finds it appropriate (Key Developments).
530007
₹534.65
JK Tyre & Industries
7D
-6.2%
1Y
88.8%

530007: Board Meeting Will Reveal Fresh Earnings Momentum And Upside Potential

Analysts have raised their price target on JK Tyre & Industries from ₹625 to ₹650, citing updated assumptions around discount rates, revenue growth, profit margins and a higher future P/E multiple as key reasons for the change. What's in the News Board meeting scheduled for February 6, 2026, to review and approve standalone unaudited financial results for the third quarter ended December 31, 2025 (Key Developments) Board to also review and approve consolidated unaudited financial results for the nine months ended December 31, 2025, at the same meeting (Key Developments) Investors may monitor the outcome of the February 6, 2026, board meeting for fresh information on recent operating and financial trends across both standalone and consolidated books (Key Developments) Valuation Changes Fair Value: Price target adjusted from ₹625 to ₹650, reflecting a modest upward revision in the estimated value per share.
ENDURANCE
₹2,685.00
Endurance Technologies
7D
6.3%
1Y
47.1%

ENDURANCE: Fair Outlook Will Evolve With Board Review And Refined Assumptions

Analysts have adjusted their price target on Endurance Technologies from ₹2,440 to ₹2,540, reflecting updated views on fair value, the discount rate, growth assumptions, and future P/E expectations. What's in the News Board meeting scheduled for February 12, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025 (Key Developments).
517334
₹131.60
Samvardhana Motherson International
7D
-0.8%
1Y
57.5%

517334: Upcoming Board Decisions And Governance Changes Will Support Further Upside

Analysts have lifted their price target on Samvardhana Motherson International from ₹150 to ₹164, citing updated assumptions that reflect a slightly lower discount rate, a modestly adjusted revenue growth outlook, a higher profit margin profile, and a marginally different future P/E multiple. What's in the News Board meeting scheduled for Feb 10, 2026 to consider and approve unaudited standalone and consolidated financial results for the third quarter and nine months ended Dec 31, 2025 (company filing).
500493
₹1,858.55
Bharat Forge
7D
6.0%
1Y
77.9%

500493: Defence Contracts And Robotics Expansion Will Likely Fail To Justify Premium

Analysts have lifted their price target on Bharat Forge to ₹991.55 from ₹939.11, citing updates to their models that reflect adjusted revenue growth assumptions, a higher profit margin outlook, and a lower future P/E multiple. What's in the News Bharat Forge has scheduled a board meeting on February 12, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).
SANSERA
₹2,345.50
Sansera Engineering
7D
7.6%
1Y
96.8%

SANSERA: Joint Venture Plans And Steady Outlook Will Guide Balanced Returns

The analyst price target for Sansera Engineering has shifted from ₹1,753.50 to ₹1,871.50, reflecting updated analyst views on discount rates, revenue growth assumptions, profit margins, and future P/E expectations. What's in the News A board meeting is scheduled on Jan 29, 2026 to consider and approve the execution of a joint venture agreement between Sansera Engineering and Nichidai for a new business entity.
500472
₹1,895.95
SKF India
7D
11.8%
1Y
-50.1%

500472: Upcoming Results And Margin Outlook Will Support Bullish Repricing

Analysts have trimmed their fair value estimate for SKF India slightly from ₹3,010.13 to ₹3,003.00, reflecting updated assumptions for revenue growth, profit margins and future P/E levels. What's in the News SKF India has scheduled a board meeting on February 5, 2026, at 16:00 Indian Standard Time to review unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025 (company filing).
MRF
₹143,950.00
MRF
7D
-2.7%
1Y
34.3%

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
TENNIND
₹565.60
Tenneco Clean Air India
7D
2.9%
1Y
n/a
TSFINV
₹402.50
TSF Investments
7D
-7.6%
1Y
55.5%
532605
₹556.60
JBM Auto
7D
-4.6%
1Y
-4.7%
520056
₹14,310.95
TVS Holdings
7D
-2.3%
1Y
70.6%