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Indian (NIFTY) Auto Components Industry Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies132
  • 7D-3.6%
  • 3M-0.5%
  • 1Y10.2%
  • YTD-2.2%

Over the last 7 days, the Auto Components industry has dropped 3.6%, driven by pullbacks in Uno Minda and Samvardhana Motherson International of 9.5% and 4.9%, respectively. This takes the industry's 12 month performance to a gain of 10%. Looking forward, 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
Wed, 14 Jan 2026₹11.6t₹5.6t₹298.9b31.4x39x2.1x
Fri, 12 Dec 2025₹11.8t₹5.6t₹298.9b31.4x39.3x2.1x
Sun, 09 Nov 2025₹11.0t₹5.4t₹281.9b32.8x39x2x
Tue, 07 Oct 2025₹10.9t₹5.3t₹271.9b32.9x40x2.1x
Thu, 04 Sep 2025₹10.5t₹5.3t₹271.9b29.3x38.7x2x
Sat, 02 Aug 2025₹10.0t₹5.2t₹268.7b30.1x37.1x1.9x
Mon, 30 Jun 2025₹10.1t₹5.2t₹270.2b30.7x37.4x2x
Wed, 28 May 2025₹9.8t₹5.1t₹275.0b29.8x35.6x1.9x
Fri, 25 Apr 2025₹8.9t₹5.0t₹276.7b28.8x32x1.8x
Sun, 23 Mar 2025₹8.7t₹5.0t₹276.7b28.4x31.4x1.7x
Tue, 18 Feb 2025₹8.4t₹5.0t₹277.0b26.7x30.2x1.7x
Thu, 16 Jan 2025₹9.5t₹4.9t₹278.6b30.1x34.1x2x
Sat, 14 Dec 2024₹10.5t₹4.9t₹278.6b33.4x37.8x2.2x
Mon, 11 Nov 2024₹10.4t₹4.8t₹277.1b32x37.6x2.2x
Wed, 09 Oct 2024₹11.0t₹4.8t₹278.3b33.3x39.6x2.3x
Fri, 06 Sep 2024₹11.2t₹4.8t₹278.0b35x40.3x2.4x
Sun, 04 Aug 2024₹11.1t₹4.6t₹270.8b34.1x41.1x2.4x
Tue, 02 Jul 2024₹11.3t₹4.7t₹268.9b31.9x42x2.4x
Thu, 30 May 2024₹9.9t₹4.6t₹260.5b28.7x38.1x2.1x
Sat, 27 Apr 2024₹9.2t₹4.5t₹242.9b30.7x37.9x2x
Mon, 25 Mar 2024₹8.7t₹4.5t₹242.7b29.8x35.8x1.9x
Wed, 21 Feb 2024₹9.0t₹4.5t₹242.5b31.1x37x2x
Fri, 19 Jan 2024₹8.7t₹4.4t₹223.0b31x39.1x2x
Sun, 17 Dec 2023₹8.2t₹4.4t₹222.7b30.6x37x1.9x
Tue, 14 Nov 2023₹7.6t₹4.3t₹220.6b28.2x34.4x1.8x
Thu, 12 Oct 2023₹7.5t₹4.2t₹197.5b28.7x38.2x1.8x
Sat, 09 Sep 2023₹7.7t₹4.2t₹197.2b29.1x39.2x1.8x
Mon, 07 Aug 2023₹7.3t₹4.1t₹186.9b27.9x39.2x1.8x
Wed, 05 Jul 2023₹6.9t₹4.1t₹175.6b26.8x39.3x1.7x
Fri, 02 Jun 2023₹6.4t₹4.1t₹175.7b22.9x36.4x1.6x
Sun, 30 Apr 2023₹6.0t₹4.0t₹160.6b24.1x37.3x1.5x
Tue, 28 Mar 2023₹5.5t₹4.0t₹160.6b19.7x34x1.4x
Thu, 23 Feb 2023₹5.8t₹4.0t₹160.3b20.4x36.3x1.5x
Sat, 21 Jan 2023₹5.8t₹3.8t₹155.0b23.7x37.5x1.5x
Price to Earnings Ratio

37.5x


Total Market Cap: ₹5.8tTotal Earnings: ₹155.0bTotal Revenue: ₹3.8tTotal 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 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 Market-2.45%
Consumer Discretionary-2.75%
Auto Components-3.62%
Tires and Rubber-0.44%
Auto Parts and Equipment-4.18%
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 39.8x.
    • Analysts are expecting annual earnings growth of 19.2%, 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 29.5x.
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
APOLLOTYRE Apollo Tyres₹527.952.0%
+₹6.6b		16.1%PE42.3x
TENNIND Tenneco Clean Air India₹533.102.4%
+₹5.0b		n/aPE36.9x
502355 Balkrishna Industries₹2.43k1.0%
+₹4.4b		-9.5%PE34x
500878 CEAT₹3.83k1.2%
+₹1.8b		25.1%PE31.3x
500472 SKF India₹1.86k1.6%
+₹1.4b		-55.9%PE17.1x

Latest News

500878
₹3,826.35
CEAT
7D
1.2%
1Y
25.1%

500878: Overseas Expansion And Funding Plans Will Likely Struggle To Justify Richer Expectations

Analysts have raised their price target for CEAT by approximately 0.4% to ₹3,532, citing slightly higher assumptions for revenue growth and profit margins, along with a marginally lower discount rate and a modestly adjusted future P/E multiple. What's in the News A board meeting is scheduled for January 19, 2026, to consider and approve unaudited financial results for the quarter and period ended December 31, 2025, along with the limited review report (Key Developments).
500472
₹1,859.80
SKF India
7D
1.6%
1Y
-55.9%

500472: Demerger Will Drive Future Margin Upside Despite Lower Fair Value Estimate

Analysts have cut their fair value estimate for SKF India from ₹3,858.63 to ₹3,010.13, citing slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E as key drivers of the change. What's in the News Board meeting scheduled for November 14, 2025 at 16:00 IST to review and approve unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025 (company filing).
MSUMI
₹46.07
Motherson Sumi Wiring India
7D
-8.3%
1Y
24.1%

MSUMI: Future Earnings Visibility Will Support Fairly Valued Premium Market Multiple

Analysts have nudged their price target for Motherson Sumi Wiring India up by about ₹1 per share to roughly ₹53, citing slightly adjusted assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. What's in the News Board meeting scheduled for Nov 05, 2025 to consider and approve unaudited financial results for the second quarter and half year ended Sep 30, 2025 (company filing) Board meeting set for Dec 19, 2025 to consider and approve an Employee Stock Option Scheme in line with SEBI share based employee benefits and sweat equity regulations, 2021 (company filing) Board meeting planned for Jan 30, 2026 to consider and approve unaudited financial results for the third quarter and nine months ended Dec 31, 2025 (company filing) Valuation Changes Fair Value: Updated fair value per share has been adjusted from about ₹52.15 to about ₹53.15, a modest upward move of roughly ₹1.
APOLLOTYRE
₹527.95
Apollo Tyres
7D
2.0%
1Y
16.1%

APOLLOTYRE: Future Returns Will Reflect Repriced Credit Risk And Supportive Capital Markets

Narrative Update on Apollo Tyres The latest analyst work trims the implied fair value for Apollo Tyres from ₹564.74 to ₹562.83, as small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions bring price targets in line with recent peer group updates from analysts on alternative asset managers. Analyst Commentary Recent research on alternative asset managers is being used as a reference point for revisiting assumptions on Apollo Tyres, particularly around discount rates, earnings resilience and appropriate P/E ranges.
520056
₹14,153.50
TVS Holdings
7D
-6.9%
1Y
48.0%
532539
₹1,192.50
Uno Minda
7D
-9.5%
1Y
12.7%

532539: Future EV Investments Will Drive Bullish Repricing

Analysts have raised their price target on Uno Minda slightly to ₹1,500 from ₹1,493, citing updated assumptions on revenue growth, profit margins, discount rate and future P/E that together refine their view of the company’s valuation profile. What's in the News Board meeting scheduled for December 1, 2025, at 09:40 Indian Standard Time to review the proposed acquisition of the entire 49.90% equity stake held by Buehler Motor GmbH in Uno Minda Buehler Motor Private Limited, which is currently a subsidiary of Uno Minda (Key Developments).
502355
₹2,425.30
Balkrishna Industries
7D
1.0%
1Y
-9.5%

502355: Future Revenue Slowdown Will Likely Outweigh Stable Profit Assumptions

Analysts kept their fair value estimate for Balkrishna Industries steady at ₹1,960, citing only modest tweaks to assumptions around the discount rate, revenue growth, profit margin and future P/E that were not material enough to shift the overall price target. What's in the News Balkrishna Industries has scheduled a Special and Extraordinary Shareholders Meeting on January 22, 2026, to be conducted via postal ballot in India (company filing).
505790
₹3,807.25
Schaeffler India
7D
0.2%
1Y
17.9%

505790: Rail Expansion And Localization Efforts Will Support Bullish Outlook

Analysts have kept their price target for Schaeffler India broadly steady at ₹4,519.88, citing only marginal tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E that were not material enough to shift their overall valuation view. What's in the News A board meeting is scheduled on October 31, 2025 to consider and approve unaudited standalone and consolidated financial results for the quarter ended September 30, 2025 (Key Developments).
TENNIND
₹533.10
Tenneco Clean Air India
7D
2.4%
1Y
n/a
517334
₹113.50
Samvardhana Motherson International
7D
-4.9%
1Y
14.0%

517334: Higher Fair Value And Upcoming Board Actions Will Support Shares

Analysts have lifted their price target for Samvardhana Motherson International from ₹130.00 to ₹150.00, reflecting updated assumptions for higher revenue growth, a slightly different discount rate, a lower future P/E multiple, and a small change in expected profit margin. What's in the News A board meeting is scheduled for December 22, 2025, for Samvardhana Motherson International Limited.
TIINDIA
₹2,354.80
Tube Investments of India
7D
-6.8%
1Y
-28.6%

Returns At Tube Investments of India (NSE:TIINDIA) Appear To Be Weighed Down

Jan 06
Returns At Tube Investments of India (NSE:TIINDIA) Appear To Be Weighed Down
500493
₹1,447.05
Bharat Forge
7D
-2.5%
1Y
22.4%

500493: Defence Contract Driven Upside Will Likely Prove Unsustainable

Analysts have raised their price target on Bharat Forge from ₹870 to ₹930, reflecting stronger expectations for revenue growth, despite a slightly higher discount rate and marginally lower projected profit margins and valuation multiples. What's in the News Signed an INR 16,619 million contract with the Indian Ministry of Defence to supply 255,128 indigenously designed CQB carbines to the Indian Army.
500530
₹37,447.80
Bosch
7D
-4.3%
1Y
19.0%

500530: Future Earnings Will Struggle To Justify Current Market Optimism

Analysts have raised their fair value estimate for Bosch from ₹26,900 to ₹27,700. This reflects modestly stronger revenue growth assumptions that more than offset a slightly higher discount rate, along with broadly stable margin and valuation expectations.
MRF
₹145,665.00
MRF
7D
-3.0%
1Y
27.5%

Slowing Rates Of Return At MRF (NSE:MRF) Leave Little Room For Excitement

Dec 27
Slowing Rates Of Return At MRF (NSE:MRF) Leave Little Room For Excitement
505160
₹279.65
Talbros Automotive Components
7D
4.0%
1Y
-2.1%
500464
₹129.20
UCAL
7D
16.8%
1Y
-28.2%