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Indian (NIFTY) Auto Parts and Equipment Industry Analysis

UpdatedJun 22, 2026
DataAggregated Company Financials
Companies119
  • 7D3.6%
  • 3M23.5%
  • 1Y20.8%
  • YTDn/a

Bharat Forge is up 5.0%, leading the way for the Auto Parts and Equipment industry, which has gained 3.6%. During this same period, the Asahi India Glass underperformed, falling 5.2%. In the last 12 months, the industry was up 21%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the Indian Auto Parts and Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Jun 2026₹11.2t₹5.0t₹273.8b28.4x40.8x2.2x
Wed, 20 May 2026₹10.3t₹5.0t₹263.6b27.6x39.2x2.1x
Fri, 17 Apr 2026₹10.2t₹4.8t₹256.3b29.8x39.9x2.1x
Sun, 15 Mar 2026₹9.3t₹4.8t₹256.6b27.8x36.2x1.9x
Tue, 10 Feb 2026₹10.1t₹4.7t₹250.8b30.2x40.3x2.2x
Thu, 08 Jan 2026₹10.3t₹4.6t₹246.5b31.9x41.7x2.2x
Sat, 06 Dec 2025₹10.0t₹4.6t₹246.4b31.1x40.7x2.2x
Mon, 03 Nov 2025₹9.1t₹4.3t₹222.9b33.8x40.7x2.1x
Wed, 01 Oct 2025₹9.0t₹4.3t₹220.4b33.2x40.8x2.1x
Fri, 29 Aug 2025₹8.6t₹4.3t₹220.4b27.3x38.9x2x
Sun, 27 Jul 2025₹8.5t₹4.2t₹211.6b32x40x2x
Tue, 24 Jun 2025₹8.1t₹4.2t₹213.8b30.8x37.9x1.9x
Thu, 22 May 2025₹7.9t₹4.0t₹214.3b29.1x36.9x2x
Sat, 19 Apr 2025₹7.0t₹4.0t₹216.1b27.1x32.4x1.8x
Mon, 17 Mar 2025₹6.7t₹4.0t₹216.1b26.4x31.2x1.7x
Wed, 12 Feb 2025₹7.1t₹4.0t₹213.0b27.1x33.6x1.8x
Fri, 10 Jan 2025₹8.1t₹3.9t₹213.0b30.4x38x2.1x
Sun, 08 Dec 2024₹8.8t₹3.9t₹212.9b33.6x41.3x2.3x
Tue, 05 Nov 2024₹9.0t₹3.8t₹209.1b31x42.8x2.3x
Thu, 03 Oct 2024₹9.7t₹3.8t₹207.4b33.9x46.5x2.5x
Sat, 31 Aug 2024₹9.3t₹3.8t₹207.4b34.6x44.9x2.4x
Mon, 29 Jul 2024₹9.4t₹3.7t₹199.7b33.8x47x2.5x
Wed, 26 Jun 2024₹9.3t₹3.7t₹199.2b31.7x46.6x2.5x
Fri, 24 May 2024₹8.0t₹3.7t₹182.0b32x44x2.2x
Sun, 21 Apr 2024₹7.4t₹3.6t₹174.8b30.2x42.6x2.1x
Tue, 19 Mar 2024₹7.0t₹3.6t₹174.8b29x39.8x1.9x
Thu, 15 Feb 2024₹7.0t₹3.6t₹172.8b29.2x40.6x1.9x
Sat, 13 Jan 2024₹7.1t₹3.5t₹165.4b31.6x42.9x2.1x
Mon, 11 Dec 2023₹6.6t₹3.5t₹165.2b31.3x39.7x1.9x
Wed, 08 Nov 2023₹6.1t₹3.4t₹155.3b29.9x39.5x1.8x
Fri, 06 Oct 2023₹6.1t₹3.3t₹151.2b28.6x40.6x1.9x
Sun, 03 Sep 2023₹6.2t₹3.3t₹150.8b28.9x40.9x1.9x
Tue, 01 Aug 2023₹5.9t₹3.2t₹141.6b26.9x41.9x1.8x
Thu, 29 Jun 2023₹5.4t₹3.2t₹139.1b25.6x39.1x1.7x
Price to Earnings Ratio

39.1x


Total Market Cap: ₹5.4tTotal Earnings: ₹139.1bTotal Revenue: ₹3.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Parts and Equipment Industry Price to Earnings3Y Average 40.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian Auto Parts and Equipment 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 40.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Auto Parts and Equipment industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 16% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indian Auto Parts and Equipment compare with similar industries?

IN Market2.85%
Consumer Discretionary3.81%
Auto Components3.86%
Auto Parts and Equipment3.56%
Tires and Rubber6.09%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
505790 Schaeffler India₹4.32k7.1%
+₹44.6b		10.9%PE55.6x
500493 Bharat Forge₹2.10k4.1%
+₹39.8b		62.3%PE93.2x
500530 Bosch₹40.28k3.1%
+₹36.2b		27.6%PE42.8x
TIINDIA Tube Investments of India₹3.31k2.5%
+₹15.8b		15.3%PE100.8x
SONACOMS Sona BLW Precision Forgings₹621.004.1%
+₹15.3b		30.1%PE60.3x

Latest News

SONACOMS
₹621.00
Sona BLW Precision Forgings
7D
4.1%
1Y
30.1%
500086
₹381.25
Exide Industries
7D
-3.4%
1Y
0.8%
500530
₹40,275.10
Bosch
7D
3.1%
1Y
27.6%
Narrative Update • Jun 17

500530: JVs And Softer Margins Will Shape Future Earnings Multiple

Analysts have raised their fair value estimate for Bosch stock from ₹27,920 to ₹37,499, reflecting updated assumptions that combine higher projected revenue growth and a richer future P/E multiple with a lower profit margin outlook. What’s in the News for Bosch Bosch Limited, Wheels India Limited and Brakes India Private Limited approved a joint venture in India for development and production of commercial vehicle air system solutions, with Bosch holding 50% of the joint venture company and the TSF companies and their affiliates holding the remaining 50%.
505790
₹4,320.45
Schaeffler India
7D
7.1%
1Y
10.9%
Narrative Update • Jun 17

505790: Research Partnership And Computing Infrastructure Will Support Future Share Price Upside

The latest Narrative Update on Schaeffler India reflects an unchanged analyst fair value estimate of ₹4,788.71 per share. Analysts cite only marginal tweaks to assumptions for discount rate, expected revenue growth, profit margin, and future P/E that do not materially alter the overall valuation view.
500493
₹2,103.75
Bharat Forge
7D
4.1%
1Y
62.3%
Narrative Update • Jun 16

500493: Aerospace Contract And German Restructuring Will Shape Balanced Medium Term Outlook

Analysts have lifted their Bharat Forge price target from roughly ₹1,686 to about ₹1,841, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E expectations. What’s in the News for Bharat Forge Bharat Forge announced a long term contract with Embraer to manufacture and supply critical landing gear forgings for Embraer’s commercial and defence aircraft programs, highlighting a new aerospace partnership and Embraer’s plan to deepen its supply chain in India.
517334
₹145.80
Samvardhana Motherson International
7D
-1.6%
1Y
47.7%
505714
₹1,242.20
Gabriel India
7D
8.3%
1Y
109.8%
LUMAXTECH
₹1,652.80
Lumax Auto Technologies
7D
-1.6%
1Y
47.9%
Narrative Update • Jun 14

LUMAXTECH: Future JV Moves And Higher P/E May Unlock Upside

Analysts have raised their price target for Lumax Auto Technologies from ₹767 to ₹1,923, citing updated assumptions for revenue growth, profit margins and a higher future P/E multiple. What's in the News A board meeting is scheduled on May 29, 2026 to consider audited standalone and consolidated financial results for Q4 and the full year ended March 31, 2026, and to review a potential dividend recommendation for FY 2025-26.
TIINDIA
₹3,307.90
Tube Investments of India
7D
2.5%
1Y
15.3%
Narrative Update • Jun 12

TIINDIA: Future P/E Premium And Borrowing Plans Will Support Upside Potential

Analysts have slightly reduced their price target on Tube Investments of India to ₹3,362, reflecting marginally lower assumptions for the discount rate, revenue growth and future P/E, while keeping their overall fair value view broadly unchanged. Analyst Commentary Recent commentary on Tube Investments of India centers on how much investors should pay for the stock rather than on a major shift in the underlying thesis.
TENNIND
₹586.75
Tenneco Clean Air India
7D
6.0%
1Y
n/a
Analysis Article • Jun 08

Tenneco Clean Air India's (NSE:TENNIND) Earnings Offer More Than Meets The Eye

The stock was sluggish on the back of Tenneco Clean Air India Limited's ( NSE:TENNIND ) recent earnings report. We have...
FIEMIND
₹2,310.60
Fiem Industries
7D
-3.2%
1Y
25.4%
Analysis Article • Jun 07

Fiem Industries' (NSE:FIEMIND) Promising Earnings May Rest On Soft Foundations

Fiem Industries Limited's ( NSE:FIEMIND ) robust earnings report didn't manage to move the market for its stock. Our...
532539
₹1,116.65
Uno Minda
7D
-0.8%
1Y
5.6%
Narrative Update • Jun 06

532539: Renewable Power SPV Investments Will Constrain Future Return Potential

Analysts now see Uno Minda's fair value at ₹941.51 versus the prior ₹992.27, citing updated assumptions around the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News A board meeting is scheduled for May 16, 2026 to review standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to approve the full-year financial statements.
500039
₹668.15
Banco Products (India)
7D
-2.9%
1Y
17.7%
515030
₹862.70
Asahi India Glass
7D
-3.4%
1Y
23.2%
TSFINV
₹399.30
TSF Investments
7D
-1.3%
1Y
-15.0%
Analysis Article • May 27

TSF Investments' (NSE:TSFINV) Profits May Not Reveal Underlying Issues

Following the solid earnings report from TSF Investments Limited ( NSE:TSFINV ), the market responded by bidding up the...
532605
₹727.60
JBM Auto
7D
6.5%
1Y
11.5%