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Indian (NIFTY) Auto Components Industry Analysis

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies132
  • 7D1.9%
  • 3M-5.9%
  • 1Y14.7%
  • YTD-6.9%

Balkrishna Industries is up 2.2%, leading the way for the Auto Components industry, which has gained 1.9%. This takes the industry's 12 month performance to a gain of 15%. 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
Sat, 28 Mar 2026₹11.1t₹5.8t₹315.3b27.9x35.2x1.9x
Mon, 23 Feb 2026₹12.0t₹5.8t₹314.1b30.9x38.2x2.1x
Wed, 21 Jan 2026₹11.1t₹5.6t₹299.5b28.4x37x2x
Fri, 19 Dec 2025₹11.6t₹5.6t₹298.9b31.9x38.9x2.1x
Sun, 16 Nov 2025₹11.2t₹5.5t₹282.9b31.1x39.5x2x
Tue, 14 Oct 2025₹10.8t₹5.3t₹271.9b33.6x39.5x2x
Thu, 11 Sep 2025₹10.8t₹5.3t₹271.9b31.7x39.6x2x
Sat, 09 Aug 2025₹9.8t₹5.2t₹274.6b29.7x35.7x1.9x
Mon, 07 Jul 2025₹10.4t₹5.2t₹270.2b31.4x38.3x2x
Wed, 04 Jun 2025₹9.8t₹5.2t₹270.9b31.3x36.3x1.9x
Fri, 02 May 2025₹8.8t₹5.0t₹276.7b28.4x31.9x1.8x
Sun, 30 Mar 2025₹8.5t₹5.0t₹276.8b27.1x30.9x1.7x
Tue, 25 Feb 2025₹8.4t₹5.0t₹276.7b28.9x30.2x1.7x
Thu, 23 Jan 2025₹9.3t₹4.9t₹277.7b29.5x33.4x1.9x
Sat, 21 Dec 2024₹10.1t₹4.9t₹278.6b31.9x36.3x2.1x
Mon, 18 Nov 2024₹10.0t₹4.9t₹277.8b30.5x36x2.1x
Wed, 16 Oct 2024₹11.3t₹4.8t₹278.3b33x40.4x2.4x
Fri, 13 Sep 2024₹11.1t₹4.8t₹278.0b35.1x40x2.3x
Sun, 11 Aug 2024₹10.8t₹4.7t₹272.9b34.2x39.7x2.3x
Tue, 09 Jul 2024₹11.3t₹4.7t₹268.9b32.1x42.2x2.4x
Thu, 06 Jun 2024₹9.9t₹4.7t₹268.7b28x36.9x2.1x
Sat, 04 May 2024₹9.3t₹4.5t₹243.4b30.8x38.1x2x
Mon, 01 Apr 2024₹8.8t₹4.5t₹242.7b29.6x36.2x1.9x
Wed, 28 Feb 2024₹9.0t₹4.5t₹242.7b30.8x37.1x2x
Fri, 26 Jan 2024₹8.8t₹4.4t₹224.2b30.7x39.3x2x
Sun, 24 Dec 2023₹8.2t₹4.4t₹222.7b30.6x36.9x1.9x
Tue, 21 Nov 2023₹7.8t₹4.4t₹222.7b29.1x34.9x1.8x
Thu, 19 Oct 2023₹7.6t₹4.2t₹199.5b29.7x38.3x1.8x
Sat, 16 Sep 2023₹7.7t₹4.2t₹197.4b28.6x39.1x1.8x
Mon, 14 Aug 2023₹7.2t₹4.2t₹196.9b28.9x36.7x1.7x
Wed, 12 Jul 2023₹7.1t₹4.1t₹176.1b27.1x40.4x1.7x
Fri, 09 Jun 2023₹6.5t₹4.1t₹175.5b24.1x37.1x1.6x
Sun, 07 May 2023₹6.1t₹4.0t₹162.9b25.1x37.5x1.5x
Tue, 04 Apr 2023₹5.6t₹4.0t₹160.6b22.5x35.1x1.4x
Price to Earnings Ratio

35.1x


Total Market Cap: ₹5.6tTotal 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 Market1.06%
Consumer Discretionary1.33%
Auto Components1.93%
Auto Parts and Equipment2.10%
Tires and Rubber0.89%
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 20.8%, which is higher than its past year's earnings growth of 13.5% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading close to its 3-year average of 29.1x.
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
502355 Balkrishna Industries₹2.15k2.2%
+₹8.9b		-15.6%PE31.7x
MRF MRF₹129.58k1.6%
+₹8.7b		15.0%PE24.6x
MINDACORP Minda₹528.705.2%
+₹6.2b		-2.0%PE43.2x
MSUMI Motherson Sumi Wiring India₹37.902.5%
+₹6.1b		9.1%PE40.4x
500493 Bharat Forge₹1.72k0.7%
+₹6.0b		47.8%PE73x

Latest News

500530
₹29,629.65
Bosch
7D
-2.5%
1Y
4.5%
LUMAXTECH
₹1,608.80
Lumax Auto Technologies
7D
2.6%
1Y
198.0%

LUMAXTECH: Upcoming Board Review Of Channel Financing Support Will Underpin Upside Potential

Analysts have kept the price target for Lumax Auto Technologies steady at ₹2,271, pointing to only small tweaks in assumptions around the discount rate, revenue growth and profit margin, along with a slightly adjusted future P/E multiple. What's in the News Board meeting scheduled for February 12, 2026 at 12:15 Indian Standard Time to review and approve the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025 (company filing).
517334
₹109.40
Samvardhana Motherson International
7D
-2.0%
1Y
25.3%
TIINDIA
₹2,566.30
Tube Investments of India
7D
1.1%
1Y
-7.3%

TIINDIA: Board Decisions On Interim Dividend Will Support Future Share Strength

Analysts have kept their ₹3,175 price target on Tube Investments of India unchanged, pointing to only marginal tweaks in assumptions, such as a slightly lower discount rate, an unchanged revenue trajectory and profit margin, and a small adjustment to the future P/E multiple. Analyst Commentary With the ₹3,175 target maintained, recent commentary around Tube Investments of India mainly focuses on how well the company can execute against existing expectations rather than on big changes to the financial model.
505790
₹3,985.40
Schaeffler India
7D
-4.7%
1Y
18.3%

505790: Dividend And Board Actions Will Shape A Constructive Outlook

The analyst fair value estimate for Schaeffler India has shifted slightly higher from about ₹4,710 to roughly ₹4,787, with analysts pointing to updated assumptions on the discount rate, long term revenue growth, profit margin and future P/E as the key drivers behind the change. What's in the News A board meeting is scheduled for Feb 24, 2026, to review the audited standalone and consolidated financial results for the quarter and year ended Dec 31, 2025, consider a dividend recommendation for 2025, and discuss the upcoming AGM (company announcement).
532539
₹1,047.90
Uno Minda
7D
-1.6%
1Y
19.3%

532539: New Alloy Wheel Capacity And Green Power Sourcing Will Drive Repricing

Analysts have kept their price target for Uno Minda steady at ₹1,575, citing slightly adjusted assumptions around the discount rate, revenue growth, profit margins and future P/E that together support the existing valuation view. 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 in phases (board meeting, February 5, 2026).
502355
₹2,150.40
Balkrishna Industries
7D
2.2%
1Y
-15.6%

502355: New Distribution Tie Up And Governance Moves Will Shape Fairly Valued Outlook

Analysts have trimmed their price target on Balkrishna Industries slightly, with fair value moving from about ₹2,384.67 to ₹2,337.00. This reflects modest adjustments to long term assumptions for discount rate, revenue growth, profit margin and future P/E.
SONACOMS
₹488.75
Sona BLW Precision Forgings
7D
-3.5%
1Y
6.0%

SONACOMS: Results Review And Dividend Decision Will Shape Steady Outlook

Analysts have nudged their price target for Sona BLW Precision Forgings slightly higher to around ₹554 from about ₹550, citing small model adjustments to fair value, discount rate, profit margin, and future P/E assumptions. What's in the News A board meeting is scheduled for Jan 23, 2026 at 13:53 IST to review standalone and consolidated unaudited financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
500493
₹1,724.50
Bharat Forge
7D
0.7%
1Y
47.8%

500493: Defence And Aerospace Orders Will Drive Future Upside Potential

Analysts have revised their price target on Bharat Forge from ₹1,578 to ₹2,150, citing updated assumptions on revenue growth, profit margins, discount rate and forward P/E that together point to a higher assessed fair value for the stock. What's in the News Bharat Forge inaugurated a landing gear components machining facility in Mundhwa, Pune, developed with Liebherr Aerospace & Transportation SAS.
505714
₹822.75
Gabriel India
7D
-4.7%
1Y
42.0%

505714: Board Reappointment And Upcoming Results Will Support Positive Outlook

Analysts have trimmed their price target for Gabriel India from ₹1,125 to ₹1,050, reflecting updated assumptions around revenue growth, margins, and future P/E expectations. What's in the News A board meeting is scheduled for February 3, 2026 at 11:48 Indian Standard Time to review the unaudited standalone financial results for the quarter ended December 31, 2025 (company filing).
SUNDRMFAST
₹762.65
Sundram Fasteners
7D
-6.2%
1Y
-16.5%

SUNDRMFAST: Future Leadership Continuity Will Support Rebased Earnings Expectations

Analysts have reset the price target on Sundram Fasteners from ₹1,576 to ₹1,190, reflecting updated views on revenue growth assumptions, profit margins, and a lower future P/E expectation. What's in the News A special and extraordinary shareholders meeting is scheduled via postal ballot in India on Mar 17, 2026 to consider approval of the reappointment and remuneration of Ms Arathi Krishna as Managing Director for a further five-year term from May 3, 2026 to May 2, 2031 (company event filing).
ASKAUTOLTD
₹438.75
ASK Automotive
7D
7.2%
1Y
-1.6%

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.
MINDACORP
₹528.70
Minda
7D
5.2%
1Y
-2.0%

MINDACORP: New GCFO Appointment And ESOP Changes Will Support Upside

Analysts have nudged their fair value estimate for Minda to ₹693.5, reflecting small tweaks to the discount rate, revenue growth and profit margin assumptions, along with a slightly higher future P/E multiple. What's in the News Minda has scheduled a special or extraordinary shareholders meeting for March 15, 2026, to be conducted via postal ballot in India, signaling upcoming matters that require shareholder approval (Key Developments).
MSUMI
₹37.90
Motherson Sumi Wiring India
7D
2.5%
1Y
9.1%

MSUMI: Upcoming Governance Decisions And ESOP Plan Will Support Earnings Visibility

Analysts have kept their price target for Motherson Sumi Wiring India broadly unchanged at about ₹53 per share, reflecting largely stable assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News Board meeting scheduled for Jan 30, 2026 to consider and approve unaudited financial results for the third quarter and nine months ended Dec 31, 2025 (company filing).
MRF
₹129,575.00
MRF
7D
1.6%
1Y
15.0%

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
TENNIND
₹531.85
Tenneco Clean Air India
7D
-2.7%
1Y
n/a