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Indian (NIFTY) Auto Components Industry Analysis

UpdatedDec 15, 2025
DataAggregated Company Financials
Companies132
  • 7D-0.5%
  • 3M-1.6%
  • 1Y0.7%
  • YTD5.3%

The Auto Components is pretty flat in the last 7 days, but Samvardhana Motherson International has stood out, gaining 3.6%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Dec 2025₹11.8t₹5.6t₹298.9b32.4x39.4x2.1x
Wed, 12 Nov 2025₹11.1t₹5.4t₹282.8b32.8x39.3x2.1x
Fri, 10 Oct 2025₹10.8t₹5.3t₹271.9b32.9x39.7x2x
Sun, 07 Sep 2025₹10.5t₹5.3t₹271.9b29.5x38.5x2x
Tue, 05 Aug 2025₹10.2t₹5.2t₹268.9b30.4x37.8x1.9x
Thu, 03 Jul 2025₹10.2t₹5.2t₹270.2b31.7x37.8x2x
Sat, 31 May 2025₹9.9t₹5.2t₹271.0b31.3x36.4x1.9x
Mon, 28 Apr 2025₹8.7t₹5.0t₹276.7b28.8x31.4x1.8x
Wed, 26 Mar 2025₹8.7t₹5.0t₹276.7b28x31.3x1.7x
Fri, 21 Feb 2025₹8.6t₹5.0t₹276.7b28.3x31x1.7x
Sun, 19 Jan 2025₹9.6t₹4.9t₹277.7b30.9x34.6x2x
Tue, 17 Dec 2024₹10.6t₹4.9t₹278.6b33.4x38x2.2x
Thu, 14 Nov 2024₹9.8t₹4.9t₹278.5b29x35.4x2x
Sat, 12 Oct 2024₹11.2t₹4.8t₹278.3b33.3x40.3x2.4x
Mon, 09 Sep 2024₹11.0t₹4.8t₹278.0b34.9x39.5x2.3x
Wed, 07 Aug 2024₹10.6t₹4.6t₹271.7b32.2x39x2.3x
Fri, 05 Jul 2024₹11.4t₹4.7t₹268.7b32.1x42.5x2.4x
Sun, 02 Jun 2024₹9.9t₹4.7t₹267.9b28.6x36.9x2.1x
Tue, 30 Apr 2024₹9.2t₹4.5t₹242.9b30.6x38x2x
Thu, 28 Mar 2024₹8.7t₹4.5t₹242.7b29.5x36x1.9x
Sat, 24 Feb 2024₹9.0t₹4.5t₹242.6b31.5x37x2x
Mon, 22 Jan 2024₹8.9t₹4.4t₹222.0b31x40.2x2x
Wed, 20 Dec 2023₹8.3t₹4.4t₹222.7b30.7x37.2x1.9x
Fri, 17 Nov 2023₹7.8t₹4.4t₹222.6b28.9x34.9x1.8x
Sun, 15 Oct 2023₹7.6t₹4.2t₹197.5b28.8x38.5x1.8x
Tue, 12 Sep 2023₹7.8t₹4.2t₹197.4b29.3x39.7x1.9x
Thu, 10 Aug 2023₹7.3t₹4.1t₹187.3b29.4x39.1x1.8x
Sat, 08 Jul 2023₹7.1t₹4.1t₹176.1b27.1x40.1x1.7x
Mon, 05 Jun 2023₹6.4t₹4.1t₹175.5b24.4x36.7x1.6x
Wed, 03 May 2023₹6.0t₹4.0t₹160.8b24.4x37.3x1.5x
Fri, 31 Mar 2023₹5.5t₹4.0t₹160.6b21.3x34.3x1.4x
Sun, 26 Feb 2023₹5.8t₹4.0t₹160.1b20.3x36.4x1.5x
Tue, 24 Jan 2023₹5.8t₹3.8t₹155.0b23.5x37.5x1.5x
Thu, 22 Dec 2022₹5.9t₹3.8t₹154.9b24.1x38.1x1.6x
Price to Earnings Ratio

38.1x


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 37.2x202320242025
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 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
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-0.34%
Consumer Discretionary-0.22%
Auto Components-0.50%
Auto Parts and Equipment-0.30%
Tires and Rubber-1.61%
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₹121.253.6%
+₹44.9b		10.8%PE39.2x
SHRIPISTON Shriram Pistons & Rings₹3.10k9.3%
+₹11.6b		42.5%PE25.3x
500493 Bharat Forge₹1.43k1.5%
+₹10.0b		5.8%PE63.3x
505242 Dynamatic Technologies₹9.26k9.2%
+₹5.3b		7.7%PE186.6x
SANSERA Sansera Engineering₹1.70k2.5%
+₹2.6b		8.6%PE42.5x

Latest News

SANSERA
₹1,699.20
Sansera Engineering
7D
2.5%
1Y
8.6%

SANSERA: Dividend, Subsidiary Investment And Margins Will Shape Measured Return Prospects

Analysts have modestly reaffirmed their view on Sansera Engineering, keeping the fair value estimate effectively unchanged at ₹1,711.00. Slightly lower discount rate assumptions and stable expectations for revenue growth, profit margins, and future valuation multiples continue to support the stock’s long term upside potential.
APOLLOTYRE
₹510.00
Apollo Tyres
7D
-2.2%
1Y
-6.9%

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)
VARROC
₹650.15
Varroc Engineering
7D
1.9%
1Y
8.6%
MSUMI
₹45.91
Motherson Sumi Wiring India
7D
0.7%
1Y
7.8%

MSUMI: Future P E Re-Rating Will Reflect Strengthening Earnings Confidence

Analysts have raised their price target on Motherson Sumi Wiring India slightly to ₹52.15 per share, citing marginal improvements in the assumed discount rate while keeping growth, profit margin, and future valuation expectations broadly unchanged. What's in the News A board meeting is scheduled for November 5, 2025, to consider and approve unaudited financial results for the second quarter and half year ended September 30, 2025 (company filing).
ZFCVINDIA
₹14,122.00
ZF Commercial Vehicle Control Systems India
7D
-4.5%
1Y
23.0%

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.
500878
₹3,732.10
CEAT
7D
-4.4%
1Y
17.2%

500878: Upcoming Governance Meetings Will Shape A Steady Outlook

Analysts have modestly revised their price target for CEAT to ₹4,216.72, reflecting a slightly lower discount rate and future P/E multiple, while keeping long term growth and margin expectations broadly unchanged. What's in the News Board meeting scheduled for December 5, 2025 to discuss company matters and governance items (Key Developments) Special or extraordinary shareholders meeting to be conducted via postal ballot in India on December 18, 2025 (Key Developments) Board meeting on October 17, 2025 at 11:30 IST to approve unaudited financial results for the quarter and period ended September 30, 2025, review the limited review report, consider director appointments, and address other business (Key Developments) Valuation Changes Fair Value: Unchanged at approximately ₹4,216.72 per share, indicating stable long term intrinsic value expectations.
532539
₹1,249.20
Uno Minda
7D
-1.9%
1Y
19.8%

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
₹3,102.10
Shriram Pistons & Rings
7D
9.3%
1Y
42.5%

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).
505714
₹969.55
Gabriel India
7D
1.1%
1Y
87.2%

505714 Joint Venture Expansion Into Lubricants Market Will Drive Long Term Upside

Analysts have modestly reaffirmed their outlook on Gabriel India, with the updated implied fair value holding steady at ₹1,186.67 per share. This reflects slightly lower risk assumptions and sustained confidence in the company’s long term earnings growth potential.
TENNIND
₹473.00
Tenneco Clean Air India
7D
-3.5%
1Y
n/a
505790
₹3,826.00
Schaeffler India
7D
-2.6%
1Y
6.9%

505790: Rail Sector Focus And New Facility Will Drive Bullish Momentum

Analysts have slightly raised their price target for Schaeffler India from ₹4,515 to ₹4,520, citing minimal adjustments in profit margin, revenue growth, and discount rate forecasts. What's in the News The Board of Schaeffler India will meet on October 31, 2025, to consider and approve unaudited financial results for the quarter ended September 30, 2025 (Board Meeting agenda).
502355
₹2,348.05
Balkrishna Industries
7D
-1.5%
1Y
-17.8%

502355: Board Meeting Will Address Interim Dividend Amid Stable Future Outlook

Analysts have slightly lowered their price target for Balkrishna Industries from ₹2,335.50 to ₹2,324.94, citing minor adjustments to growth projections and discount rates in their updated models. What's in the News Balkrishna Industries has scheduled a Board Meeting on October 31, 2025, at 16:00 IST to review the unaudited financial results for the quarter and half year ending September 30, 2025.
517334
₹121.25
Samvardhana Motherson International
7D
3.6%
1Y
10.8%

517334: Board Decisions And Management Changes Will Influence Near-Term Outlook

Analysts have raised their price target for Samvardhana Motherson International slightly, increasing it from ₹122.61 to ₹123.39. This adjustment is based on marginal improvements in projected revenue growth and a lower discount rate.
500493
₹1,426.00
Bharat Forge
7D
1.5%
1Y
5.8%

500493: New Collaborations And Aerospace Supply Agreements Will Support Steady Near-Term Prospects

Analysts have raised their price target for Bharat Forge from ₹1,282.81 to ₹1,310.72. They cited improved profit margin expectations and a slightly lower discount rate as key factors driving the upward revision.
505242
₹9,260.10
Dynamatic Technologies
7D
9.2%
1Y
7.7%
515030
₹995.80
Asahi India Glass
7D
-3.0%
1Y
30.1%