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Indian (NIFTY) Auto Components Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies133
  • 7D3.3%
  • 3M2.2%
  • 1Y23.4%
  • YTD-0.6%

Over the last 7 days, the Auto Components industry has risen 3.3%, driven by gains from Samvardhana Motherson International of 4.6%. This takes the industry's 12 month performance to a gain of 23%. Looking forward, 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
Thu, 16 Apr 2026₹11.8t₹5.8t₹315.5b29.5x37.5x2x
Sat, 14 Mar 2026₹10.9t₹5.8t₹315.7b27.6x34.4x1.9x
Mon, 09 Feb 2026₹11.7t₹5.7t₹309.8b29.5x37.8x2x
Wed, 07 Jan 2026₹12.1t₹5.6t₹298.9b33x40.4x2.2x
Fri, 05 Dec 2025₹11.9t₹5.6t₹298.7b32.7x39.8x2.1x
Sun, 02 Nov 2025₹10.9t₹5.3t₹275.2b33.8x39.5x2x
Tue, 30 Sep 2025₹10.7t₹5.3t₹271.9b33.9x39.4x2x
Thu, 28 Aug 2025₹10.2t₹5.3t₹271.9b28.7x37.6x1.9x
Sat, 26 Jul 2025₹10.2t₹5.2t₹269.2b31.8x37.9x2x
Mon, 23 Jun 2025₹9.8t₹5.2t₹271.9b30.6x36.1x1.9x
Wed, 21 May 2025₹9.6t₹5.0t₹273.9b30.5x35x1.9x
Fri, 18 Apr 2025₹8.6t₹5.0t₹276.6b27.8x31x1.7x
Sun, 16 Mar 2025₹8.2t₹5.0t₹276.7b26.6x29.6x1.6x
Tue, 11 Feb 2025₹9.0t₹4.9t₹278.3b29x32.2x1.8x
Thu, 09 Jan 2025₹9.9t₹4.9t₹279.5b32.3x35.3x2x
Sat, 07 Dec 2024₹10.6t₹4.9t₹278.5b33.7x37.9x2.2x
Mon, 04 Nov 2024₹10.7t₹4.8t₹278.9b32.1x38.4x2.2x
Wed, 02 Oct 2024₹11.5t₹4.8t₹278.2b33.9x41.5x2.4x
Fri, 30 Aug 2024₹11.0t₹4.8t₹278.0b33.8x39.5x2.3x
Sun, 28 Jul 2024₹11.3t₹4.6t₹269.5b33.4x41.8x2.4x
Tue, 25 Jun 2024₹11.0t₹4.7t₹268.9b31x40.9x2.4x
Thu, 23 May 2024₹9.7t₹4.6t₹250.7b31.2x38.5x2.1x
Sat, 20 Apr 2024₹9.0t₹4.5t₹242.8b30.3x37.2x2x
Mon, 18 Mar 2024₹8.5t₹4.5t₹242.7b28.8x35.1x1.9x
Wed, 14 Feb 2024₹8.7t₹4.5t₹240.0b29.2x36x1.9x
Fri, 12 Jan 2024₹8.7t₹4.4t₹222.8b31.9x39.3x2x
Sun, 10 Dec 2023₹8.1t₹4.4t₹222.7b31.3x36.4x1.9x
Tue, 07 Nov 2023₹7.5t₹4.3t₹208.5b28.8x36.2x1.8x
Thu, 05 Oct 2023₹7.5t₹4.2t₹197.4b28x38.2x1.8x
Sat, 02 Sep 2023₹7.6t₹4.2t₹197.1b28.6x38.3x1.8x
Mon, 31 Jul 2023₹7.3t₹4.1t₹179.4b28.1x40.6x1.8x
Wed, 28 Jun 2023₹6.8t₹4.1t₹175.5b26.1x38.6x1.7x
Fri, 26 May 2023₹6.3t₹4.0t₹170.4b23.2x37x1.6x
Sun, 23 Apr 2023₹5.8t₹4.0t₹160.6b23.4x36.2x1.5x
Price to Earnings Ratio

36.2x


Total Market Cap: ₹5.8tTotal 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 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 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 Market2.68%
Consumer Discretionary2.57%
Auto Components3.27%
Auto Parts and Equipment3.27%
Tires and Rubber3.25%
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 20.5%, 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 28.9x.
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 20% 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
517334 Samvardhana Motherson International₹122.705.0%
+₹61.2b		42.0%PE37.9x
500493 Bharat Forge₹1.86k6.6%
+₹55.1b		73.6%PE78.6x
SONACOMS Sona BLW Precision Forgings₹580.8511.1%
+₹35.9b		28.6%PE59x
532539 Uno Minda₹1.11k5.3%
+₹32.0b		27.0%PE56.3x
502355 Balkrishna Industries₹2.34k5.6%
+₹23.9b		-6.4%PE34.5x

Latest News

505790
₹3,962.60
Schaeffler India
7D
3.1%
1Y
21.7%
517334
₹122.70
Samvardhana Motherson International
7D
5.0%
1Y
42.0%

517334: Dividend And Dubai Joint Venture Will Shape A Steady Outlook

Analysts have adjusted their price target on Samvardhana Motherson International slightly higher to ₹110.04 from ₹109.25, reflecting updated assumptions around revenue growth, profit margins and the future P/E multiple. What's in the News The board approved an interim dividend of ₹0.35 per equity share with a face value of ₹1 for the 2025-26 financial year, with a record date of March 27, 2026 (board meeting and dividend announcement).
500530
₹37,425.50
Bosch
7D
1.8%
1Y
36.1%

500530: New Finance Leadership And Electric Mobility Venture Will Drive Future Upside

Analysts have lifted their price target for Bosch from ₹40,000 to ₹48,165, reflecting updated assumptions around revenue growth, profit margins, and a higher future P/E multiple. What's in the News Board meeting scheduled for February 17, 2026 to consider the Nomination and Remuneration Committee's recommendation and approve the appointment of Tillmann Olsen as Chief Financial Officer (CFO) and Key Managerial Personnel from June 1, 2026 (Key Developments).
500493
₹1,855.25
Bharat Forge
7D
6.6%
1Y
73.6%

500493: Defence And Aerospace Expansion Will Drive Future Upside Potential

Analysts have kept the Bharat Forge price target unchanged at ₹2,150, citing a revised mix of assumptions that now combine a slightly higher discount rate and future P/E with adjusted expectations for revenue growth and profit margin. What's in the News Bharat Forge plans a Board Meeting on April 9, 2026, to review a proposal for phased restructuring of its steel forging operations at Bharat Forge CDP GmbH in Germany.
532509
₹410.55
Suprajit Engineering
7D
-5.3%
1Y
5.6%

532509: Interim Dividend Will Support Future Upside Despite Slightly Softer Assumptions

Analysts have nudged up the price target for Suprajit Engineering from ₹509.50 to about ₹519.43, reflecting updated views on fair value, discount rate, revenue growth, profit margins, and future P/E assumptions. What's in the News A board meeting is scheduled on February 9, 2026, at 10:45 Indian Standard Time to review unaudited standalone and consolidated results for the quarter and nine months ended December 31, 2025, and to consider an interim dividend for FY 2025-26 (company filing).
MINDACORP
₹505.65
Minda
7D
-1.7%
1Y
-0.9%

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

Analysts have kept their price target for Minda broadly unchanged at around ₹686.83, with only minor adjustments to underlying assumptions such as discount rate, revenue growth, profit margin and future P/E contributing to this stable view. What's in the News Minda Corporation received an assessment order under Section 143(3) of the Income Tax Act, 1961 for Assessment Year 2023-24, with a total tax demand of ₹670.906 million including interest of ₹177.592 million.
SJS
₹1,695.60
S.J.S. Enterprises
7D
-2.3%
1Y
83.3%

SJS: Stable Assumptions And Upcoming Results Review Will Support Future Upside

Analysts have kept their price target for S.J.S. Enterprises steady at about ₹2,237, citing broadly unchanged assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Board meeting scheduled for January 28, 2026, at 13:30 Indian Standard Time to review unaudited standalone and consolidated financial results under IND-AS for the quarter and nine months ended December 31, 2025 (company filing).
ETML
₹90.00
Emerald Tyre Manufacturers
7D
-4.3%
1Y
-15.1%
532539
₹1,109.60
Uno Minda
7D
5.3%
1Y
27.0%

532539: Fair Value View Will Weigh Renewable Power Plans And New Plant Investments

Analysts have lifted their fair value estimate for Uno Minda from ₹906.55 to ₹1,012.89, pointing to updated assumptions for revenue growth, profit margins, discount rate and future P/E as the key drivers behind this change. What's in the News A board meeting is scheduled for March 30, 2026 to consider changes in senior management and to seek approval for investments in special purpose vehicles to source power from renewable energy (Key Developments).
502355
₹2,343.80
Balkrishna Industries
7D
5.6%
1Y
-6.4%

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.
530007
₹419.95
JK Tyre & Industries
7D
-0.3%
1Y
36.7%

530007: Upcoming Investments And Board Actions Will Support Earnings Upside Potential

Analysts keep the price target for JK Tyre & Industries steady at ₹650, indicating only minor tweaks in their model inputs such as the discount rate, revenue growth outlook, profit margin, and assumed future P/E multiple, rather than any major change in conviction. What's in the News Special or extraordinary shareholders meeting scheduled on April 22, 2026, via postal ballot in India, indicating upcoming matters that require shareholder approval (company event filing).
SONACOMS
₹580.85
Sona BLW Precision Forgings
7D
11.1%
1Y
28.6%

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).
ASKAUTOLTD
₹435.20
ASK Automotive
7D
-0.8%
1Y
2.6%

ASKAUTOLTD: Steady Fair Value View Will Support Upcoming Governance Decisions

Analysts have kept their fair value estimate for ASK Automotive steady at ₹596.60, with only marginal tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E. This reflects a largely unchanged view on the stock’s long term pricing power.
500240
₹245.05
Kinetic Engineering
7D
-1.4%
1Y
30.7%
MRF
₹138,740.00
MRF
7D
3.5%
1Y
9.7%

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515030
₹850.00
Asahi India Glass
7D
-1.3%
1Y
27.8%