Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indian (NIFTY) Auto Components Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies134
  • 7D-1.1%
  • 3M5.6%
  • 1Y10.5%
  • YTD3.1%

Over the last 7 days, the Auto Components industry has dropped 1.1%, driven by declines in Endurance Technologies and Samvardhana Motherson International of 6.1% and 1.4%, respectively. Over the past 12 months, the industry was up 11%. Looking forward, 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
Sat, 06 Jun 2026₹12.3t₹6.1t₹341.1b27.2x36x2x
Mon, 04 May 2026₹11.9t₹5.9t₹316.0b29.3x37.6x2x
Wed, 01 Apr 2026₹10.5t₹5.8t₹315.3b26.3x33.4x1.8x
Fri, 27 Feb 2026₹12.4t₹5.8t₹315.2b30.7x39.3x2.1x
Sun, 25 Jan 2026₹11.0t₹5.6t₹299.5b28.4x36.8x2x
Tue, 23 Dec 2025₹11.9t₹5.6t₹298.9b32.4x39.9x2.1x
Thu, 20 Nov 2025₹11.4t₹5.5t₹288.7b32.1x39.5x2.1x
Sat, 18 Oct 2025₹10.8t₹5.3t₹272.1b33.4x39.8x2.1x
Mon, 15 Sep 2025₹10.8t₹5.3t₹271.9b31.8x39.6x2x
Wed, 13 Aug 2025₹9.8t₹5.2t₹275.6b29.2x35.6x1.9x
Fri, 11 Jul 2025₹10.3t₹5.2t₹270.2b32.3x38.1x2x
Sun, 08 Jun 2025₹10.0t₹5.2t₹270.9b31.6x37x1.9x
Tue, 06 May 2025₹9.0t₹5.0t₹276.5b28.7x32.6x1.8x
Thu, 03 Apr 2025₹8.6t₹5.0t₹276.8b27.9x31.1x1.7x
Sat, 01 Mar 2025₹8.0t₹5.0t₹276.7b27.6x28.8x1.6x
Mon, 27 Jan 2025₹9.1t₹4.9t₹277.8b29.4x32.9x1.9x
Wed, 25 Dec 2024₹10.1t₹4.9t₹278.6b31.4x36.4x2.1x
Fri, 22 Nov 2024₹10.0t₹4.9t₹277.9b31.2x36.1x2.1x
Sun, 20 Oct 2024₹11.0t₹4.8t₹277.4b33.2x39.8x2.3x
Tue, 17 Sep 2024₹11.3t₹4.8t₹278.7b35x40.5x2.4x
Thu, 15 Aug 2024₹10.6t₹4.8t₹277.7b33x38.3x2.2x
Sat, 13 Jul 2024₹11.2t₹4.7t₹268.8b32.4x41.6x2.4x
Mon, 10 Jun 2024₹10.3t₹4.7t₹268.9b28.7x38.1x2.2x
Wed, 08 May 2024₹9.1t₹4.6t₹244.1b29.9x37.4x2x
Fri, 05 Apr 2024₹9.0t₹4.5t₹242.8b30.8x36.9x2x
Sun, 03 Mar 2024₹9.0t₹4.5t₹242.7b31x37.1x2x
Tue, 30 Jan 2024₹8.9t₹4.4t₹225.5b30.7x39.5x2x
Thu, 28 Dec 2023₹8.3t₹4.4t₹222.7b31.5x37.3x1.9x
Sat, 25 Nov 2023₹7.9t₹4.4t₹222.7b29.4x35.3x1.8x
Mon, 23 Oct 2023₹7.6t₹4.2t₹199.3b29.2x37.9x1.8x
Wed, 20 Sep 2023₹7.7t₹4.2t₹197.4b28.2x39.1x1.8x
Fri, 18 Aug 2023₹7.2t₹4.2t₹197.1b27.8x36.7x1.7x
Sun, 16 Jul 2023₹7.2t₹4.1t₹176.1b27.6x40.8x1.8x
Tue, 13 Jun 2023₹6.6t₹4.1t₹175.5b24.1x37.4x1.6x
Price to Earnings Ratio

37.4x


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-1.95%
Consumer Discretionary-1.03%
Auto Components-1.09%
Auto Parts and Equipment-1.03%
Tires and Rubber-1.56%
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

530007
₹382.05
JK Tyre & Industries
7D
-6.4%
1Y
3.6%
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.
500493
₹1,930.45
Bharat Forge
7D
-1.3%
1Y
48.9%
Narrative Update • Jun 02

500493: Aerospace Contracts And Expansion Will Sustain An Excessive Multiple

Analysts have kept their Bharat Forge fair value estimate steady at ₹1,060, with only small tweaks to assumptions for discount rate, revenue growth, profit margin and future P/E guiding this unchanged price target. What's in the News 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, reinforcing Embraer’s reliance on Bharat Forge’s certified aerospace manufacturing capabilities.
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.
VARROC
₹586.30
Varroc Engineering
7D
3.7%
1Y
6.6%
Analysis Article • May 31

Earnings Miss: Varroc Engineering Limited Missed EPS By 21% And Analysts Are Revising Their Forecasts

Varroc Engineering Limited ( NSE:VARROC ) came out with its annual results last week, and we wanted to see how the...
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%
MINDACORP
₹643.40
Minda
7D
3.0%
1Y
14.9%
Analysis Article • May 26

Minda Corporation Limited Just Recorded A 13% EPS Beat: Here's What Analysts Are Forecasting Next

As you might know, Minda Corporation Limited ( NSE:MINDACORP ) just kicked off its latest annual results with some very...
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%