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Indian (NIFTY) Auto Components Industry Analysis

UpdatedDec 28, 2025
DataAggregated Company Financials
Companies132
  • 7D-0.9%
  • 3M-0.06%
  • 1Y4.3%
  • YTD5.1%

The Auto Components is pretty flat in the last 7 days, but Belrise Industries has stood out, gaining 11%. The past year has been better, since the industry has gained 4.3% in that time. 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
Sun, 28 Dec 2025₹11.8t₹5.6t₹298.9b32.4x39.4x2.1x
Tue, 25 Nov 2025₹11.2t₹5.5t₹288.1b31.2x38.7x2x
Thu, 23 Oct 2025₹11.0t₹5.3t₹272.7b34x40.4x2.1x
Sat, 20 Sep 2025₹11.1t₹5.3t₹271.9b32.8x40.6x2.1x
Mon, 18 Aug 2025₹10.0t₹5.3t₹271.8b29x36.6x1.9x
Wed, 16 Jul 2025₹10.5t₹5.2t₹270.2b32.3x38.7x2x
Fri, 13 Jun 2025₹10.0t₹5.2t₹270.9b31.7x36.8x1.9x
Sun, 11 May 2025₹9.0t₹5.0t₹280.5b27.5x32.2x1.8x
Tue, 08 Apr 2025₹7.9t₹5.0t₹276.8b26.2x28.6x1.6x
Thu, 06 Mar 2025₹8.2t₹5.0t₹276.7b27.4x29.6x1.7x
Sat, 01 Feb 2025₹9.2t₹4.9t₹281.5b29.1x32.7x1.9x
Mon, 30 Dec 2024₹10.2t₹4.9t₹279.4b32.3x36.4x2.1x
Wed, 27 Nov 2024₹10.2t₹4.9t₹278.5b31.2x36.6x2.1x
Fri, 25 Oct 2024₹10.8t₹4.8t₹278.2b31x38.8x2.3x
Sun, 22 Sep 2024₹11.4t₹4.8t₹278.7b34.6x41x2.4x
Tue, 20 Aug 2024₹10.9t₹4.8t₹278.0b33.3x39.1x2.3x
Thu, 18 Jul 2024₹11.2t₹4.6t₹268.8b32.1x41.8x2.4x
Sat, 15 Jun 2024₹10.8t₹4.7t₹268.9b30.5x40.1x2.3x
Mon, 13 May 2024₹9.3t₹4.6t₹245.6b29.1x37.8x2x
Wed, 10 Apr 2024₹9.0t₹4.5t₹242.8b31.1x37x2x
Fri, 08 Mar 2024₹8.9t₹4.5t₹242.7b30.2x36.7x2x
Sun, 04 Feb 2024₹8.9t₹4.4t₹224.8b30.3x39.7x2x
Tue, 02 Jan 2024₹8.5t₹4.4t₹222.7b31.3x38.2x1.9x
Thu, 30 Nov 2023₹7.9t₹4.4t₹222.7b30.3x35.7x1.8x
Sat, 28 Oct 2023₹7.3t₹4.2t₹199.3b28.5x36.7x1.7x
Mon, 25 Sep 2023₹7.6t₹4.2t₹197.4b27.9x38.4x1.8x
Wed, 23 Aug 2023₹7.4t₹4.2t₹197.1b27.4x37.4x1.7x
Fri, 21 Jul 2023₹7.2t₹4.1t₹176.4b26.6x40.6x1.7x
Sun, 18 Jun 2023₹6.7t₹4.1t₹175.5b24.4x38.2x1.6x
Tue, 16 May 2023₹6.3t₹4.0t₹168.1b23x37.3x1.6x
Thu, 13 Apr 2023₹5.8t₹4.0t₹160.6b23.4x35.8x1.5x
Sat, 11 Mar 2023₹5.8t₹4.0t₹160.1b20.7x36.3x1.5x
Mon, 06 Feb 2023₹5.9t₹3.9t₹157.1b22.6x37.5x1.5x
Wed, 04 Jan 2023₹5.9t₹3.8t₹154.9b24.5x38x1.5x
Price to Earnings Ratio

38x


Total Market Cap: ₹5.9tTotal Earnings: ₹154.9bTotal Revenue: ₹3.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Components Industry Price to Earnings3Y Average 37.3x20242025
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 Market0.59%
Consumer Discretionary-0.22%
Auto Components-0.90%
Auto Parts and Equipment-0.78%
Tires and Rubber-1.59%
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 19.2%, 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 29.6x.
Forecasted Growth
  • Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 22% 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
BELRISE Belrise Industries₹179.3910.5%
+₹15.2b		n/aPE35.1x
TENNIND Tenneco Clean Air India₹516.457.1%
+₹13.8b		n/aPE35.7x
532605 JBM Auto₹623.008.7%
+₹11.8b		-20.6%PE70.7x
SHRIPISTON Shriram Pistons & Rings₹3.19k3.4%
+₹4.6b		54.3%PE26x
530007 JK Tyre & Industries₹497.152.4%
+₹3.2b		29.1%PE25.4x

Latest News

MRF
₹150,205.00
MRF
7D
-2.2%
1Y
14.2%

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
520073
₹1,185.10
RACL Geartech
7D
17.5%
1Y
37.1%
MSUMI
₹45.13
Motherson Sumi Wiring India
7D
-5.3%
1Y
15.9%

MSUMI: Future Earnings Visibility Will Support Sustained Premium Market Multiple

Analysts have modestly adjusted their price target for Motherson Sumi Wiring India upward to align with refined assumptions on discount rate, revenue growth, profit margins and future valuation multiples. This has resulted in a new target of ₹52.15 per share, which is broadly unchanged from the prior estimate.
SHRIPISTON
₹3,191.60
Shriram Pistons & Rings
7D
3.4%
1Y
54.3%

With EPS Growth And More, Shriram Pistons & Rings (NSE:SHRIPISTON) Makes An Interesting Case

Dec 25
With EPS Growth And More, Shriram Pistons & Rings (NSE:SHRIPISTON) Makes An Interesting Case
532605
₹623.00
JBM Auto
7D
8.7%
1Y
-20.6%
ZFCVINDIA
₹14,767.00
ZF Commercial Vehicle Control Systems India
7D
-5.1%
1Y
25.1%

ZFCVINDIA: Future ADAS Opportunity Will Offset GST Dispute Uncertainty

Analysts have maintained their price target for ZF Commercial Vehicle Control Systems India at ₹16,194.20. This reflects unchanged fair value expectations despite minor tweaks to the discount rate, revenue growth, profit margin and forward P/E assumptions.
SONACOMS
₹482.10
Sona BLW Precision Forgings
7D
-3.0%
1Y
-19.7%

SONACOMS: Robotics Partnership And Employee Incentives Will Shape Balanced Future Outlook

Analysts have nudged their price target for Sona BLW Precision Forgings slightly higher to approximately ₹540 from about ₹537, citing marginally stronger revenue growth expectations that more than offset a modest trim to forecast profit margins and a largely unchanged future earnings multiple. What's in the News The board has approved a memorandum of understanding with NEURA Robotics GmbH to jointly develop advanced robotics technologies and industrialize robots and humanoids for India and other agreed markets, strengthening Sona Comstar's position in intelligent automation solutions (company announcement).
530007
₹497.15
JK Tyre & Industries
7D
2.4%
1Y
29.1%
500472
₹1,784.25
SKF India
7D
2.1%
1Y
-61.0%

500472: Leadership Transition And Demerger Will Drive Future Margin Upside

Analysts have trimmed their price target on SKF India from ₹4,224.50 to ₹3,858.63, reflecting expectations of slightly better profit margins but a lower justified valuation multiple, despite a modest improvement in projected revenue declines. What's in the News A board meeting is scheduled on November 14, 2025 to review and approve unaudited standalone and consolidated financial results for Q2 and H1 FY2025, along with updated balance sheet and cash flow statements (company filing).
ENDURANCE
₹2,549.80
Endurance Technologies
7D
-5.4%
1Y
17.6%
502355
₹2,290.95
Balkrishna Industries
7D
-3.1%
1Y
-20.0%

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.
517334
₹119.30
Samvardhana Motherson International
7D
-1.4%
1Y
13.9%

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).
520008
₹136.90
Rico Auto Industries
7D
11.6%
1Y
60.5%
TENNIND
₹516.45
Tenneco Clean Air India
7D
7.1%
1Y
n/a
BELRISE
₹179.39
Belrise Industries
7D
10.5%
1Y
n/a

Belrise Industries (NSE:BELRISE) Seems To Use Debt Quite Sensibly

Dec 01
Belrise Industries (NSE:BELRISE) Seems To Use Debt Quite Sensibly
520056
₹14,041.40
TVS Holdings
7D
-3.6%
1Y
30.5%