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Indian (NIFTY) Auto Components Industry Analysis

UpdatedDec 17, 2025
DataAggregated Company Financials
Companies132
  • 7D-0.04%
  • 3M-3.4%
  • 1Y1.4%
  • YTD4.8%

The Auto Components industry has been flat over the last week, but Apollo Tyres has lost 4.1%. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Dec 2025₹11.7t₹5.6t₹298.9b31.7x39.3x2.1x
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
Fri, 27 Jan 2023₹5.8t₹3.8t₹155.1b23.1x37.4x1.5x
Sun, 25 Dec 2022₹5.6t₹3.8t₹154.9b21.9x36.3x1.5x
Price to Earnings Ratio

36.3x


Total Market Cap: ₹5.6tTotal Earnings: ₹154.9bTotal Revenue: ₹3.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Components Industry Price to Earnings3Y Average 37.2x202320242025
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 37.2x.
  • 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 24% 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 Market0.36%
Consumer Discretionary-0.014%
Auto Components-0.043%
Tires and Rubber0.29%
Auto Parts and Equipment-0.10%
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 39.7x.
    • Analysts are expecting annual earnings growth of 19.0%, which is higher than its past year's earnings growth of 10.6% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 29.6x.
Forecasted Growth
  • Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 19% 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₹119.552.8%
+₹34.8b		12.4%PE38.6x
502355 Balkrishna Industries₹2.40k3.7%
+₹16.4b		-15.3%PE33.6x
500493 Bharat Forge₹1.41k2.2%
+₹14.4b		8.2%PE62.7x
532539 Uno Minda₹1.25k1.9%
+₹13.4b		21.0%PE65.8x
SONACOMS Sona BLW Precision Forgings₹489.903.9%
+₹11.4b		-19.8%PE49.7x

Latest News

505790
₹3,782.60
Schaeffler India
7D
-2.1%
1Y
11.9%

505790: Rail Expansion And New Heat Treatment Facility Will Drive Bullish Outlook

Analysts have nudged their price target for Schaeffler India slightly higher to ₹4,519.88, reflecting modestly lower perceived risk and a steady outlook on long term growth and profitability. What's in the News Board meeting scheduled on October 31, 2025 to consider and approve unaudited standalone and consolidated financial results for the quarter ended September 30, 2025 (company filing) Showcasing advanced bearing solutions and industrial innovations for the railway sector at the 15th International Railway Equipment Exhibition (IREE) 2025 in New Delhi from October 15 to 17, 2025 (company announcement) Highlighting localization efforts aligned with the Government of India Atmanirbhar Bharat vision to strengthen presence in the Indian railway market and support expanding rail infrastructure (company announcement) Expanding product and technology portfolio for railways, including TAROL and CRU bearings, current insulated bearings, specialized greases, advanced seals, housings, and condition monitoring display kits for predictive maintenance (company announcement) Recently commissioned a TAROL heat treatment facility at the Maneja plant to meet evolving requirements of the rail industry and contribute to India infrastructure ambitions (company announcement) Valuation Changes Fair Value: unchanged at approximately ₹4,519.88 per share, indicating a stable long term intrinsic value assessment.
ENDURANCE
₹2,620.90
Endurance Technologies
7D
2.0%
1Y
18.1%

The Return Trends At Endurance Technologies (NSE:ENDURANCE) Look Promising

Dec 16
The Return Trends At Endurance Technologies (NSE:ENDURANCE) Look Promising
502355
₹2,397.15
Balkrishna Industries
7D
3.7%
1Y
-15.3%

502355: Future Revenue Slowdown Will Likely Outweigh Modest Margin Improvement

Analysts have trimmed their price target on Balkrishna Industries slightly from ₹2,000 to ₹1,960, as they factor in a moderation in revenue growth assumptions partly offset by marginally stronger profit margins and a higher expected future P E multiple. What's in the News Board meeting scheduled for October 31, 2025, at 16:00 IST to review unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing) Board to consider declaration of a second interim dividend on equity shares for FY 2025-26, indicating potential near term shareholder payout (company filing) Meeting agenda also includes consideration of other corporate matters, leaving scope for additional governance or strategic decisions (company filing) Valuation Changes Fair Value: Trimmed slightly from ₹2,000 to ₹1,960, implying a modest reduction in the intrinsic value estimate.
500086
₹363.60
Exide Industries
7D
-1.9%
1Y
-18.2%

500086: Elevated Risk And Upcoming Board Decisions Will Likely Pressure Shares

Analysts have nudged their price target on Exide Industries higher to ₹315.00 from ₹315.00, reflecting slightly stronger expectations for revenue growth and profit margins that more than offset a modestly higher discount rate and a marginally lower assumed future P/E multiple. What's in the News A special/extraordinary shareholders meeting is scheduled via postal ballot on October 24, 2025, to consider appointing Rajeev Ramesh Chand Khandelwal and Pravin Ramchandra Saraf as whole time directors of the company (Key Developments).
517334
₹119.55
Samvardhana Motherson International
7D
2.8%
1Y
12.4%

517334: Future Leadership Transition Will Likely Pressure Share Price

Analysts have raised their price target for Samvardhana Motherson International to ₹98.87 from ₹83.30, citing slightly stronger expectations for revenue growth, profit margins, and future valuation multiples, despite a marginally higher discount rate. What's in the News A special and extraordinary shareholders meeting is scheduled for December 21, 2025 via postal ballot in India, focusing on key corporate matters (company filing).
500530
₹35,961.65
Bosch
7D
-1.2%
1Y
0.5%

500530: Rising Margins And Stronger Outlook Are Expected To Drive Upside

Narrative Update on Bosch Analysts have trimmed their price target on Bosch by roughly INR 1,400, citing a higher discount rate that more than offsets improved expectations for revenue growth, profit margins, and a lower future P E multiple. What's in the News Bosch Limited has scheduled a board meeting for November 11, 2025, to consider the unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2025 (Key Developments).
500493
₹1,413.75
Bharat Forge
7D
2.2%
1Y
8.2%

500493: Expanded Aerospace Agreements Will Support Balanced Medium Term Prospects

Narrative Update on Bharat Forge Analysts have modestly raised their fair value estimate for Bharat Forge from Rs 1,310.72 to Rs 1,319.96. This reflects slightly lower perceived risk, broadly steady growth and margin expectations, and a marginally higher future earnings multiple.
APOLLOTYRE
₹499.30
Apollo Tyres
7D
-4.1%
1Y
-5.9%

We Like These Underlying Return On Capital Trends At Apollo Tyres (NSE:APOLLOTYRE)

Dec 12
We Like These Underlying Return On Capital Trends At Apollo Tyres (NSE:APOLLOTYRE)
SONACOMS
₹489.90
Sona BLW Precision Forgings
7D
3.9%
1Y
-19.8%

Sona BLW Precision Forgings' (NSE:SONACOMS) Returns On Capital Not Reflecting Well On The Business

Dec 12
Sona BLW Precision Forgings' (NSE:SONACOMS) Returns On Capital Not Reflecting Well On The Business
ZFCVINDIA
₹14,705.00
ZF Commercial Vehicle Control Systems India
7D
2.4%
1Y
27.0%

ZFCVINDIA: Upcoming ADAS Win Will Drive Stronger Investor Confidence

Analysts have raised their price target for ZF Commercial Vehicle Control Systems India from ₹15,734 to ₹16,194, citing slightly faster expected revenue growth and a higher prospective earnings multiple, partly offset by a modest reduction in projected profit margins. What's in the News Secured a major business nomination from a leading Indian e-mobility commercial vehicle OEM to develop and calibrate an ADAS suite aligned with upcoming Indian safety regulation GSR 184e, certified by ARAI for full compliance (Key Developments) New scalable ADAS solution supports SAE Level 2 automation with a roadmap to higher automation levels globally, while being engineered specifically for challenging Indian road conditions (Key Developments) Business win covers key ADAS components and systems for coaches, heavy-duty trucks, and tractor trailers, expanding ZF CVCS India presence across multiple commercial vehicle platforms (Key Developments) Received a demand order from CGST and Central Excise, Jamshedpur, imposing tax, penalty, and interest related to alleged excess or ineligible input tax credit for FY 2018-19 to FY 2022-23, totaling more than INR 9.3 crore before interest (Key Developments) Scheduled a special or extraordinary shareholders meeting via postal ballot in India on December 18, 2025, alongside a board meeting on November 4, 2025 to review unaudited financial results for the quarter and half year ended September 30, 2025 (Key Developments) Valuation Changes Fair Value Price Target has risen slightly from ₹15,734.2 to ₹16,194.2, reflecting a modest uplift in the intrinsic valuation estimate.
532539
₹1,248.30
Uno Minda
7D
1.9%
1Y
21.0%

532539: Future Returns Will Reflect EV Investment And Full Control Of Joint Venture

Analysts have nudged their price target for Uno Minda slightly higher to ₹1,303.74, reflecting marginally lower perceived risk and steady expectations for robust revenue growth, stable profit margins, and a rich future P E multiple. What's in the News The board will meet on December 1, 2025 to consider acquiring the remaining 49.90 percent equity stake of joint venture partner Buehler Motor GmbH in Uno Minda Buehler Motor Private Limited, which would make it a fully controlled subsidiary (Key Developments).
SHRIPISTON
₹3,036.40
Shriram Pistons & Rings
7D
-3.4%
1Y
40.6%

SHRIPISTON: Faster Revenue Expansion Will Drive Future Share Price Upside

Analysts have raised their price target on Shriram Pistons & Rings from ₹3,400 to ₹4,650, citing expectations of significantly faster revenue growth and a higher future valuation multiple, partially offset by lower projected profit margins. What's in the News The board of directors is scheduled to meet on November 4, 2025, to review and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
530007
₹464.80
JK Tyre & Industries
7D
4.3%
1Y
16.3%

530007: Stable Margins And Lower Discount Rate Will Support Future Performance

Analysts have marginally adjusted their price target for JK Tyre and Industries to ₹461.83, reflecting slightly lower discount rate assumptions and a modestly reduced future P E multiple, while keeping long term growth and margin expectations broadly unchanged. What's in the News Board meeting scheduled for October 27, 2025, to review standalone and consolidated unaudited financial results for the second quarter and half year ended September 30, 2025 (Key Developments) Management to consider additional business matters alongside quarterly and half yearly financial review in the upcoming board meeting (Key Developments) Valuation Changes Consensus Analyst Price Target remains stable at approximately ₹461.83 per share, indicating no change in the fair value estimate.
TENNIND
₹443.95
Tenneco Clean Air India
7D
-6.3%
1Y
n/a
520056
₹14,176.65
TVS Holdings
7D
-3.6%
1Y
25.4%
532756
₹389.85
CIE Automotive India
7D
-4.0%
1Y
-19.3%