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Indian (NIFTY) Auto Components Industry Analysis

UpdatedJun 06, 2026
DataAggregated Company Financials
Companies134
  • 7D-0.7%
  • 3M5.6%
  • 1Y9.9%
  • YTD3.0%

Over the last 7 days, the Auto Components industry has remained flat, although notably Endurance Technologies declined by 6.1%. As for the the longer term, the industry is up 9.9% over the past 12 months. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Jun 2026₹12.3t₹6.1t₹341.1b27.1x36x2x
Tue, 05 May 2026₹11.9t₹5.9t₹316.0b29.5x37.6x2x
Thu, 02 Apr 2026₹10.8t₹5.8t₹315.5b27.5x34.3x1.8x
Sat, 28 Feb 2026₹12.2t₹5.8t₹315.2b30.1x38.7x2.1x
Mon, 26 Jan 2026₹11.0t₹5.6t₹299.5b28.4x36.8x2x
Wed, 24 Dec 2025₹11.9t₹5.6t₹298.9b32.9x39.8x2.1x
Fri, 21 Nov 2025₹11.3t₹5.5t₹288.1b32.1x39.3x2.1x
Sun, 19 Oct 2025₹10.8t₹5.3t₹272.7b33.3x39.7x2.1x
Tue, 16 Sep 2025₹10.9t₹5.3t₹271.9b32.7x40.1x2.1x
Thu, 14 Aug 2025₹9.9t₹5.3t₹276.1b29.6x35.9x1.9x
Sat, 12 Jul 2025₹10.3t₹5.2t₹270.2b32.3x38.1x2x
Mon, 09 Jun 2025₹10.0t₹5.2t₹270.9b31.6x37x1.9x
Wed, 07 May 2025₹8.9t₹5.0t₹276.5b27.9x32.2x1.8x
Fri, 04 Apr 2025₹8.5t₹5.0t₹276.8b28.1x30.8x1.7x
Sun, 02 Mar 2025₹8.0t₹5.0t₹276.7b27.6x28.8x1.6x
Tue, 28 Jan 2025₹8.9t₹4.9t₹276.2b28.6x32.2x1.8x
Thu, 26 Dec 2024₹10.1t₹4.9t₹278.6b31.4x36.4x2.1x
Sat, 23 Nov 2024₹10.1t₹4.9t₹278.5b30.8x36.2x2.1x
Mon, 21 Oct 2024₹11.0t₹4.8t₹277.4b33.2x39.8x2.3x
Wed, 18 Sep 2024₹11.3t₹4.8t₹278.6b34.9x40.5x2.4x
Fri, 16 Aug 2024₹10.6t₹4.8t₹278.0b33x38.2x2.2x
Sun, 14 Jul 2024₹11.2t₹4.7t₹268.8b32.4x41.6x2.4x
Tue, 11 Jun 2024₹10.3t₹4.7t₹268.9b29.1x38.1x2.2x
Thu, 09 May 2024₹9.3t₹4.6t₹245.1b30.1x38x2x
Sat, 06 Apr 2024₹9.0t₹4.5t₹242.8b31.2x37x2x
Mon, 04 Mar 2024₹9.1t₹4.5t₹242.7b31.3x37.4x2x
Wed, 31 Jan 2024₹8.9t₹4.4t₹225.5b31x39.3x2x
Fri, 29 Dec 2023₹8.3t₹4.4t₹222.7b30.9x37.1x1.9x
Sun, 26 Nov 2023₹7.9t₹4.4t₹222.7b29.4x35.3x1.8x
Tue, 24 Oct 2023₹7.4t₹4.2t₹199.3b27.6x37x1.7x
Thu, 21 Sep 2023₹7.7t₹4.2t₹197.4b28.2x39x1.8x
Sat, 19 Aug 2023₹7.2t₹4.2t₹197.1b28.1x36.8x1.7x
Mon, 17 Jul 2023₹7.2t₹4.1t₹176.1b27.6x40.8x1.8x
Wed, 14 Jun 2023₹6.6t₹4.1t₹175.5b24.7x37.8x1.6x
Price to Earnings Ratio

37.8x


Total Market Cap: ₹6.6tTotal Earnings: ₹175.5bTotal Revenue: ₹4.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Components Industry Price to Earnings3Y Average 37.4x202420252026
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 37.4x.
  • 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 Market-0.83%
Consumer Discretionary0.13%
Auto Components-0.73%
Auto Parts and Equipment-0.62%
Tires and Rubber-1.58%
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 40.1x.
    • Analysts are expecting annual earnings growth of 19.0%, which is higher than its past year's earnings growth of 14.7% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 28.4x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 15% 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
500530 Bosch₹37.24k1.6%
+₹16.9b		17.8%PE39.6x
532605 JBM Auto₹680.059.3%
+₹13.7b		-3.9%PE73.5x
500086 Exide Industries₹399.553.3%
+₹10.8b		1.6%PE39.8x
SANSERA Sansera Engineering₹2.95k2.9%
+₹5.2b		117.9%PE56.6x
MINDACORP Minda₹643.403.0%
+₹4.5b		14.9%PE42x

Latest News

500493
₹1,930.45
Bharat Forge
7D
-1.3%
1Y
48.9%
530007
₹382.05
JK Tyre & Industries
7D
-6.4%
1Y
3.6%
Narrative Update • Jun 05

530007: Future Board Decisions And Renewable Investment Will Support Higher Fair Value

Analysts have raised their fair value estimate for JK Tyre & Industries from ₹400 to ₹465, citing revised assumptions on the discount rate, revenue growth, profit margin, and future P/E that they believe more accurately reflect the stock's risk and earnings profile. What's in the News A board meeting is scheduled for May 26, 2026, at 14:15 IST to consider and approve the audited standalone and consolidated financial results for Q4 and the full year ended March 31, 2026.
MINDACORP
₹643.40
Minda
7D
3.0%
1Y
14.9%
Narrative Update • Jun 05

MINDACORP: Higher Margin Outlook Will Support Future Upside Potential

Analysts have raised their price target on Minda from ₹681.71 to ₹723.11, citing updated assumptions that reflect a different discount rate, revenue growth outlook, profit margin profile, and future P/E expectations. What's in the News Minda Corporation's Board has recommended a final dividend of 40%, or ₹0.80 per equity share, on 239,079,428 equity shares of ₹2 each for the financial year 2025-26, subject to shareholder approval at the 41st AGM.
VARROC
₹586.30
Varroc Engineering
7D
3.7%
1Y
6.6%
Narrative Update • Jun 05

VARROC: Softer Margins And Revenue Assumptions Will Cap Future Upside

Analysts have trimmed their price target on Varroc Engineering from ₹550 to ₹520, reflecting updated views on slightly softer revenue growth, profit margin assumptions, and a marginally higher discount rate, while keeping long term P/E expectations broadly unchanged. What's in the News Varroc Engineering has announced an annual dividend of ₹1.50 per share, with payment scheduled for September 19, 2026, and the ex date and record date on August 7, 2026.
500086
₹399.55
Exide Industries
7D
3.3%
1Y
1.6%
Narrative Update • Jun 03

500086: Upcoming Board Meeting And Higher Future P E Will Support Upside

Analysts have nudged their fair value estimate for Exide Industries up from ₹440 to ₹450, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What's in the News Exide Industries has scheduled a board meeting for 4 May 2026 at 12:00 Indian Standard Time to consider and approve the audited financial results for the year ending 31 March 2026.
500530
₹37,242.45
Bosch
7D
1.6%
1Y
17.8%
Narrative Update • Jun 03

500530: New Mobility Joint Ventures Will Support Future Upside Potential

Analysts have kept their Bosch price target broadly steady at around ₹48,165, with higher assumed revenue growth and a slightly lower profit margin balancing out a reduced future P/E multiple and a modestly higher discount rate. What's in the News Bosch Limited, Wheels India Limited and Brakes India Private Limited approved a joint venture in India for commercial vehicle air system solutions, with Bosch and the TSF Companies each set to hold 50% of the share capital, according to a board decision on May 20, 2026.
513262
₹227.00
Steel Strips Wheels
7D
12.6%
1Y
-6.7%
Narrative Update • Jun 03

513262: Renewable Power Procurement For Chennai Plant Will Support Upside

Analysts have maintained their fair value estimate for Steel Strips Wheels at ₹266, with a slightly lower P/E assumption and modest adjustments to the discount rate, revenue growth, and profit margin expectations shaping the updated price target narrative. What's in the News A board meeting is scheduled for April 9, 2026, to consider amendments to agreements with NuPower Renewables Private Limited and Echanda Urja Private Limited for acquiring 37,582 equity shares of Echanda Urja Private Limited at a consideration of ₹3.76 lakh.
502355
₹2,142.65
Balkrishna Industries
7D
-3.9%
1Y
-14.0%
Narrative Update • Jun 02

502355: Board Dividend Decision And Stable Fair Value Will Shape Measured Outlook

Analysts have maintained the fair value estimate for Balkrishna Industries at ₹2,302.47 per share, with only minor adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. These small changes result in a largely unchanged price target narrative.
505790
₹4,040.80
Schaeffler India
7D
-2.2%
1Y
-5.4%
Narrative Update • Jun 02

505790: Research Partnership And Computing Investment Will Support A Stronger Outlook

Analysts have nudged their price target on Schaeffler India slightly lower, from about ₹4,806.57 to roughly ₹4,788.71, as they refresh assumptions around the discount rate, revenue growth, profit margins and future P/E expectations. What's in the News Schaeffler India opened a computational research infrastructure at the Foundation for Science Innovation and Development in Bengaluru, supporting high performance computing, large scale simulations and data intensive modelling across materials, energy systems and sustainable mobility.
SANSERA
₹2,945.10
Sansera Engineering
7D
2.9%
1Y
117.9%
Narrative Update • Jun 01

SANSERA: Future Returns Will Reflect Stable Assumptions And Balanced Pricing

Analysts have raised their price target on Sansera Engineering from about ₹2,301 to about ₹2,894, citing updated assumptions for revenue growth, profit margins and future P/E. These changes result in a higher fair value estimate despite a slightly higher discount rate.
517334
₹143.50
Samvardhana Motherson International
7D
-1.4%
1Y
36.7%
Narrative Update • May 31

517334: Upcoming Subsidiary And Joint Venture Decisions Will Support Further Upside

Analysts have adjusted their fair value estimate for Samvardhana Motherson International from ₹164.00 to ₹173.00, reflecting updated assumptions around revenue growth, profit margins, and the stock's future P/E multiple. What's in the News A board meeting is scheduled on May 20, 2026 to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider a final dividend recommendation, if any (Board Meeting).
505714
₹1,000.45
Gabriel India
7D
-9.1%
1Y
57.4%
ENDURANCE
₹2,555.30
Endurance Technologies
7D
-6.1%
1Y
3.0%
Narrative Update • May 25

ENDURANCE: Future Returns Will Be Underpinned By Governance And Dividend Stability

Analysts have raised the fair value estimate for Endurance Technologies to a new price target of ₹2,894.71 from ₹2,882.93, reflecting slightly revised assumptions on the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Endurance Technologies announced an annual dividend of ₹11.50 per share, with an ex date and record date of July 31, 2026 and payment scheduled for September 12, 2026 (Key Developments).
532539
₹1,090.35
Uno Minda
7D
-1.2%
1Y
0.2%
Narrative Update • May 23

532539: Future Returns Will Reflect Renewable Power Investments And Upcoming Fundraising Authority

Analysts have trimmed their price target on Uno Minda from about ₹1,298 to about ₹1,254, citing updated assumptions on long term profit margins, revenue growth and future P/E levels. What's in the News A board meeting is scheduled on May 16, 2026, to review standalone and consolidated financial results for the quarter and year ended March 31, 2026, and the full financial statements for the year (company filing).
532605
₹680.05
JBM Auto
7D
9.3%
1Y
-3.9%
520056
₹13,622.20
TVS Holdings
7D
0.9%
1Y
19.7%