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Indian (NIFTY) Auto Components Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies132
  • 7D-1.2%
  • 3M1.8%
  • 1Y26.5%
  • YTD0.7%

Over the last 7 days, the Auto Components industry has dropped 1.2%, driven by a pullback from Uno Minda of 3.8%. In the past year, the industry has gained 27%. 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
Sun, 22 Feb 2026₹12.0t₹5.8t₹314.3b30.9x38.2x2.1x
Tue, 20 Jan 2026₹11.4t₹5.6t₹298.9b30.8x38.1x2x
Thu, 18 Dec 2025₹11.7t₹5.6t₹298.9b31.3x39x2.1x
Sat, 15 Nov 2025₹11.2t₹5.4t₹284.2b32.3x39.3x2.1x
Mon, 13 Oct 2025₹10.8t₹5.3t₹271.9b33.2x39.7x2x
Wed, 10 Sep 2025₹10.7t₹5.3t₹271.9b31.4x39.5x2x
Fri, 08 Aug 2025₹9.9t₹5.2t₹277.5b29.5x35.8x1.9x
Sun, 06 Jul 2025₹10.4t₹5.2t₹270.2b31.4x38.3x2x
Tue, 03 Jun 2025₹9.9t₹5.2t₹270.9b31.7x36.4x1.9x
Thu, 01 May 2025₹8.8t₹5.0t₹276.6b28.4x31.9x1.8x
Sat, 29 Mar 2025₹8.5t₹5.0t₹276.7b27.1x30.9x1.7x
Mon, 24 Feb 2025₹8.5t₹5.0t₹276.7b29.4x30.6x1.7x
Wed, 22 Jan 2025₹9.4t₹4.9t₹277.7b30.1x33.8x1.9x
Fri, 20 Dec 2024₹10.3t₹4.9t₹278.6b32.9x37.1x2.1x
Sun, 17 Nov 2024₹10.0t₹4.9t₹277.8b30.5x36x2.1x
Tue, 15 Oct 2024₹11.2t₹4.8t₹278.3b33.3x40.3x2.4x
Thu, 12 Sep 2024₹11.0t₹4.8t₹278.0b35.5x39.5x2.3x
Sat, 10 Aug 2024₹10.8t₹4.7t₹271.7b34.1x39.8x2.3x
Mon, 08 Jul 2024₹11.4t₹4.7t₹268.9b32.4x42.4x2.4x
Wed, 05 Jun 2024₹9.5t₹4.7t₹268.6b26.8x35.4x2x
Fri, 03 May 2024₹9.3t₹4.5t₹243.4b31x38.3x2.1x
Sun, 31 Mar 2024₹8.8t₹4.5t₹242.7b29.6x36.2x1.9x
Tue, 27 Feb 2024₹9.0t₹4.5t₹242.7b31.3x37.1x2x
Thu, 25 Jan 2024₹8.8t₹4.4t₹222.2b31.1x39.8x2x
Sat, 23 Dec 2023₹8.2t₹4.4t₹222.7b30.6x36.9x1.9x
Mon, 20 Nov 2023₹7.8t₹4.4t₹222.7b29.4x35.1x1.8x
Wed, 18 Oct 2023₹7.6t₹4.2t₹197.5b28.8x38.5x1.8x
Fri, 15 Sep 2023₹7.7t₹4.2t₹197.4b28.6x39.1x1.8x
Sun, 13 Aug 2023₹7.2t₹4.2t₹197.2b28.8x36.7x1.7x
Tue, 11 Jul 2023₹7.0t₹4.1t₹176.1b27x39.9x1.7x
Thu, 08 Jun 2023₹6.5t₹4.1t₹175.6b24.4x37.2x1.6x
Sat, 06 May 2023₹6.1t₹4.0t₹162.7b25.1x37.5x1.5x
Mon, 03 Apr 2023₹5.6t₹4.0t₹160.6b21.2x34.8x1.4x
Wed, 01 Mar 2023₹5.8t₹4.0t₹160.1b20.3x36.1x1.5x
Price to Earnings Ratio

36.1x


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 Market0.28%
Consumer Discretionary-1.56%
Auto Components-1.18%
Auto Parts and Equipment-0.57%
Tires and Rubber-4.54%
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 29.4x.
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₹1.78k2.4%
+₹19.7b		68.1%PE75.4x
505790 Schaeffler India₹3.89k3.2%
+₹19.1b		21.6%PE57.1x
TIINDIA Tube Investments of India₹2.59k3.5%
+₹16.9b		-3.7%PE83.7x
LUMAXTECH Lumax Auto Technologies₹1.72k5.9%
+₹6.5b		207.4%PE47.1x
532756 CIE Automotive India₹469.502.9%
+₹5.0b		11.5%PE22.2x

Latest News

532756
₹469.50
CIE Automotive India
7D
2.9%
1Y
11.5%
532539
₹1,195.35
Uno Minda
7D
-3.8%
1Y
39.9%

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
₹3,890.40
Schaeffler India
7D
3.2%
1Y
21.6%

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).
TIINDIA
₹2,585.80
Tube Investments of India
7D
3.5%
1Y
-3.7%

Engineering Expansion And Clean Mobility Platform Will Shape A Stronger Long Term Outlook

Catalysts About Tube Investments of India Tube Investments of India is a diversified engineering company with businesses across precision steel tubes, metal formed products, cycles, clean mobility and allied manufacturing. What are the underlying business or industry changes driving this perspective?
502355
₹2,496.40
Balkrishna Industries
7D
-4.5%
1Y
-7.8%

502355: Upcoming Board And Governance Decisions Will Shape Fairly Valued Outlook

The analyst price target for Balkrishna Industries has been revised from ₹2,324.94 to ₹2,384.67, with analysts citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the key drivers behind this change. What's in the News Popular Vehicles & Services' subsidiary Popular Auto Dealers has become the exclusive distributor for Balkrishna Industries' 2 wheeler and PCR tyre segments across Kerala and select regions of Karnataka, adding these lines to its existing spare parts distribution operations in the region (Key Developments).
530007
₹538.05
JK Tyre & Industries
7D
-8.5%
1Y
84.4%

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.
517334
₹129.35
Samvardhana Motherson International
7D
-1.4%
1Y
50.7%

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).
LUMAXTECH
₹1,720.20
Lumax Auto Technologies
7D
5.9%
1Y
207.4%

Lumax Auto Technologies Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 17
Lumax Auto Technologies Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
500530
₹35,214.30
Bosch
7D
-1.4%
1Y
28.8%

500530: Board Decisions On Management And Dividend Policy Will Shape Outlook

Analysts have raised their price target on Bosch from ₹34,791.83 to ₹36,320.00. This reflects updates to their long term assumptions on fair value, discount rate, revenue growth, profit margin and future P/E expectations.
523229
₹210.25
Bharat Seats
7D
28.9%
1Y
175.0%
520073
₹1,496.50
RACL Geartech
7D
24.5%
1Y
104.0%
500493
₹1,780.45
Bharat Forge
7D
2.4%
1Y
68.1%

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).
505242
₹9,941.00
Dynamatic Technologies
7D
5.1%
1Y
53.4%
MRF
₹146,390.00
MRF
7D
-2.5%
1Y
34.0%

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
APOLLOTYRE
₹455.35
Apollo Tyres
7D
-7.0%
1Y
11.4%

APOLLOTYRE: Future Returns Will Reflect Refined Earnings Assumptions And Governance Watchpoints

Analysts have trimmed their fair value estimate for Apollo Tyres to ₹562.71 from ₹569.33, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent Street research around the broader Apollo group has focused on adjustments to price targets and views on future execution, which can offer some read across on how analysts think about valuation, growth and risk for names like Apollo Tyres as well.
520056
₹14,191.40
TVS Holdings
7D
-5.7%
1Y
66.8%