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Indian (NIFTY) Auto Components Industry Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies135
  • 7D1.9%
  • 3M15.8%
  • 1Y18.1%
  • YTD7.8%

Over the last 7 days, the Auto Components industry has risen 1.9%, driven by gains in Bharat Forge and Bosch of 4.4% and 3.1%, respectively. In the last 12 months, the industry was up 18%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jun 2026₹12.8t₹6.1t₹341.1b28x37.7x2.1x
Sat, 23 May 2026₹12.1t₹6.1t₹336.6b27.2x35.9x2x
Mon, 20 Apr 2026₹12.0t₹5.8t₹315.5b29.9x38x2.1x
Wed, 18 Mar 2026₹11.0t₹5.8t₹315.7b27.4x34.9x1.9x
Fri, 13 Feb 2026₹12.3t₹5.8t₹311.9b29.8x39.4x2.1x
Sun, 11 Jan 2026₹11.7t₹5.6t₹298.9b31.9x39.2x2.1x
Tue, 09 Dec 2025₹11.7t₹5.6t₹298.9b31.4x39x2.1x
Thu, 06 Nov 2025₹11.0t₹5.3t₹275.4b33.2x39.9x2.1x
Sat, 04 Oct 2025₹10.9t₹5.3t₹271.9b34x40.1x2.1x
Mon, 01 Sep 2025₹10.2t₹5.3t₹271.9b27.7x37.6x1.9x
Wed, 30 Jul 2025₹10.3t₹5.2t₹267.2b31.5x38.5x2x
Fri, 27 Jun 2025₹10.0t₹5.2t₹271.9b30.1x36.8x1.9x
Sun, 25 May 2025₹9.7t₹5.0t₹272.4b31.1x35.8x1.9x
Tue, 22 Apr 2025₹8.7t₹5.0t₹276.6b28.4x31.5x1.8x
Thu, 20 Mar 2025₹8.6t₹5.0t₹276.7b27.8x31x1.7x
Sat, 15 Feb 2025₹8.4t₹4.9t₹273.5b27.8x30.7x1.7x
Mon, 13 Jan 2025₹9.6t₹4.9t₹278.6b30.5x34.5x2x
Wed, 11 Dec 2024₹10.6t₹4.9t₹278.5b33.5x38.1x2.2x
Fri, 08 Nov 2024₹10.6t₹4.8t₹278.8b33.1x38.1x2.2x
Sun, 06 Oct 2024₹11.1t₹4.8t₹278.3b33.3x39.8x2.3x
Tue, 03 Sep 2024₹11.1t₹4.8t₹278.0b34.3x39.8x2.3x
Thu, 01 Aug 2024₹11.3t₹4.6t₹269.9b34.6x42x2.4x
Sat, 29 Jun 2024₹11.1t₹4.7t₹268.9b30.9x41.3x2.4x
Mon, 27 May 2024₹9.8t₹4.6t₹259.3b30.9x37.9x2.1x
Wed, 24 Apr 2024₹9.1t₹4.5t₹242.8b30.2x37.5x2x
Fri, 22 Mar 2024₹8.6t₹4.5t₹242.7b29.4x35.5x1.9x
Sun, 18 Feb 2024₹8.9t₹4.5t₹242.7b30.3x36.7x2x
Tue, 16 Jan 2024₹8.8t₹4.4t₹222.8b31.7x39.4x2x
Thu, 14 Dec 2023₹8.2t₹4.4t₹222.7b30.8x36.9x1.9x
Sat, 11 Nov 2023₹7.6t₹4.3t₹214.2b28.2x35.4x1.7x
Mon, 09 Oct 2023₹7.5t₹4.2t₹197.4b28.7x38x1.8x
Wed, 06 Sep 2023₹7.7t₹4.2t₹197.1b29.2x38.9x1.8x
Fri, 04 Aug 2023₹7.3t₹4.1t₹180.7b28.5x40.4x1.8x
Sun, 02 Jul 2023₹6.9t₹4.1t₹175.5b26.1x39.2x1.7x
Price to Earnings Ratio

39.2x


Total Market Cap: ₹6.9tTotal Earnings: ₹175.5bTotal Revenue: ₹4.1tTotal 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 Market0.57%
Consumer Discretionary1.17%
Auto Components1.94%
Auto Parts and Equipment1.97%
Tires and Rubber1.71%
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 40.2x.
    • Analysts are expecting annual earnings growth of 19.0%, which is higher than its past year's earnings growth of 14.2% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 28.2x.
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 14% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 14% 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
500493 Bharat Forge₹2.12k4.4%
+₹42.6b		66.5%PE94x
500530 Bosch₹40.41k3.1%
+₹35.5b		26.9%PE43x
ENDURANCE Endurance Technologies₹2.71k4.9%
+₹17.7b		-1.6%PE40.1x
505714 Gabriel India₹1.24k10.4%
+₹16.8b		94.8%PE70.7x
SANSERA Sansera Engineering₹3.15k9.3%
+₹16.7b		130.8%PE60.5x

Latest News

500530
₹40,405.00
Bosch
7D
3.1%
1Y
26.9%
SONACOMS
₹621.10
Sona BLW Precision Forgings
7D
3.3%
1Y
29.2%
505714
₹1,240.90
Gabriel India
7D
10.4%
1Y
94.8%
Narrative Update • Jun 22

505714: Dividend And Rights Issue Actions Will Support Future Bullish Re Rating

The analyst price target for Gabriel India has been revised from ₹1,297 to ₹1,528, with analysts citing updated assumptions for revenue growth, profit margin, and future P/E as key drivers of the change. What’s in the News for Gabriel India The board of directors recommended a final dividend of ₹3.10 per equity share for the year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
502355
₹2,224.95
Balkrishna Industries
7D
-1.3%
1Y
-7.3%
APOLLOTYRE
₹421.80
Apollo Tyres
7D
-1.8%
1Y
-6.5%
SHRIPISTON
₹3,926.90
SPR Auto Technologies
7D
6.0%
1Y
62.2%
ZFCVINDIA
₹2,660.00
ZF Commercial Vehicle Control Systems India
7D
5.6%
1Y
20.1%
Narrative Update • Jun 17

ZFCVINDIA: Bonus Issue And Capital Increase Will Support Bullish Share Price

Analysts have kept their fair value estimate for ZF Commercial Vehicle Control Systems India broadly steady at ₹18,207.25, with only very small tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E feeding into an effectively unchanged price target. What's in the News for ZF Commercial Vehicle Control Systems India The board will meet on May 13, 2026 to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, a final dividend recommendation for FY 2026, and a proposal for issuing bonus equity shares, subject to required approvals.
500493
₹2,123.40
Bharat Forge
7D
4.4%
1Y
66.5%
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
₹144.55
Samvardhana Motherson International
7D
-0.4%
1Y
41.3%
SANSERA
₹3,147.10
Sansera Engineering
7D
9.3%
1Y
130.8%
Narrative Update • Jun 15

SANSERA: Future Returns Will Reflect Stable Assumptions And Balanced Dividend Prospects

Analysts have nudged their price target for Sansera Engineering from ₹2,893.50 to ₹2,961.30, reflecting updated assumptions around the discount rate, revenue growth, profit margin and a slightly higher future P/E multiple. What's in the News A board meeting is scheduled for May 20, 2026 to consider and approve the audited financial results for the quarter and year ended March 31, 2026, and to consider any dividend recommendation approved by the board.
LUMAXTECH
₹1,504.60
Lumax Auto Technologies
7D
-9.0%
1Y
35.2%
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
₹3,170.50
Tube Investments of India
7D
-3.0%
1Y
11.0%
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.
ENDURANCE
₹2,710.60
Endurance Technologies
7D
4.9%
1Y
-1.6%
TENNIND
₹600.35
Tenneco Clean Air India
7D
5.7%
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
₹2,217.40
Fiem Industries
7D
-3.9%
1Y
18.3%
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...
515030
₹856.15
Asahi India Glass
7D
-3.2%
1Y
22.5%