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Indian (NIFTY) Auto Components Industry Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies132
  • 7D-2.8%
  • 3M-11.5%
  • 1Y9.7%
  • YTD-11.7%

Over the last 7 days, the Auto Components industry has dropped 2.8%, driven by Samvardhana Motherson International declining 5.3%. Over the past 12 months, the industry was up 9.7%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Apr 2026₹10.5t₹5.8t₹315.3b26.3x33.4x1.8x
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
Fri, 12 May 2023₹6.3t₹4.0t₹166.4b24.1x37.8x1.6x
Sun, 09 Apr 2023₹5.7t₹4.0t₹160.6b22.9x35.3x1.4x
Price to Earnings Ratio

35.3x


Total Market Cap: ₹5.7tTotal Earnings: ₹160.6bTotal Revenue: ₹4.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Components Industry Price to Earnings3Y Average 37.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Auto Components industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 33.4x which is lower than its 3-year average PE 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 Market-2.63%
Consumer Discretionary-2.74%
Auto Components-2.76%
Tires and Rubber-0.22%
Auto Parts and Equipment-3.17%
Industry PE
  • Investors are most optimistic about the Auto Parts and Equipment industry even though it's trading below its 3-year average PE ratio of 40.0x.
    • Analysts are expecting annual earnings growth of 20.8%, which is higher than its past year's earnings growth of 13.5% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 29.1x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 21% 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
ZFCVINDIA ZF Commercial Vehicle Control Systems India₹14.38k5.8%
+₹14.9b		8.5%PE54.8x
500530 Bosch₹30.61k0.7%
+₹6.5b		9.0%PE32.7x
520056 TVS Holdings₹14.22k0.9%
+₹2.6b		62.3%PE18.5x
TENNIND Tenneco Clean Air India₹531.150.9%
+₹2.0b		n/aPE37.1x
532756 CIE Automotive India₹455.101.1%
+₹1.8b		15.5%PE21x

Latest News

ENDURANCE
₹2,252.00
Endurance Technologies
7D
-3.5%
1Y
17.5%

ENDURANCE: Upcoming Board Meeting May Support Higher Future Profitability Expectations

Analysts have reduced their price target on Endurance Technologies from ₹3,435 to ₹3,400, citing updated assumptions for revenue growth, profit margins and a slightly higher future P/E multiple. What's in the News Board meeting scheduled for May 14, 2026, to review audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026 (Company filing).
500530
₹30,610.50
Bosch
7D
0.7%
1Y
9.0%

500530: Upcoming E Mobility Joint Venture Will Drive Long Term Upside Potential

Analysts have trimmed their price target on Bosch from ₹36,320 to ₹35,603, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Bosch Limited and Tata AutoComp Systems plan a 50:50 joint venture focused on engineering, manufacturing and sales of eAxle systems and electric motors in India, with operations targeted to start by mid 2026, subject to regulatory approvals (Key Developments).
500493
₹1,668.40
Bharat Forge
7D
-3.9%
1Y
44.8%

500493: Defence Wins And Aerospace Deals Will Likely Sustain An Excessive Multiple

Analysts have trimmed their implied fair value estimate for Bharat Forge slightly from about ₹1,036 to about ₹1,029, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Bharat Forge Aerospace Division secured defence contracts worth about ₹3,000 million under the Emergency Procurement VI framework, covering indigenous unmanned systems for the Indian Army and Indian Navy, including ISR platforms and loitering munitions such as Omega One, Omega Nine, Bayonet and Cleaver (Key Developments).
532509
₹420.70
Suprajit Engineering
7D
2.5%
1Y
10.8%

532509: Interim Dividend And Slightly Lower Discount Rate Will Support Future Upside

Analysts have slightly reduced their fair value estimate for Suprajit Engineering from ₹511 to ₹509.5, citing updated assumptions around the discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News A board meeting was held on February 9, 2026, at 10:45 Indian Standard Time to review and approve the un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
SUNDRMFAST
₹752.90
Sundram Fasteners
7D
-5.8%
1Y
-17.5%

SUNDRMFAST: Leadership Reappointments And Stable Assumptions Will Support Future Upside

Analysts have kept the price target for Sundram Fasteners steady at ₹1,190, pointing to broadly unchanged fair value assumptions, with only slight tweaks to the discount rate, revenue growth, profit margin and future P/E inputs in their models. What's in the News The board meeting is scheduled for Jan 28, 2026 to review and approve unaudited financial results for the third quarter and nine months ended Dec 31, 2025 (Key Developments).
532756
₹455.10
CIE Automotive India
7D
1.1%
1Y
15.5%

532756: Upcoming Results And Dividend Decision Will Support Bullish Outlook

The analyst price target for CIE Automotive India has been nudged up from ₹533.50 to ₹535.25, with analysts pointing to small refinements in fair value assumptions, discount rate, revenue growth, profit margin and forward P/E inputs to support the revision. What's in the News CIE Automotive India has scheduled a board meeting on Feb 19, 2026, at 16:40 Indian Standard Time to consider and approve audited standalone and consolidated financial results for the quarter and financial year ended Dec 31, 2025, and to consider recommending a dividend on equity shares and other matters (Key Developments).
MSUMI
₹38.20
Motherson Sumi Wiring India
7D
0.6%
1Y
12.2%

MSUMI: ESOP Scheme And Board Decisions Will Support Future Earnings Visibility

Analysts have kept their price target for Motherson Sumi Wiring India broadly steady at around ₹53, citing only small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions rather than any major change in their view on the company. What's in the News A board meeting is scheduled for Jan 30, 2026 to consider and approve unaudited financial results for the third quarter and nine months ended Dec 31, 2025 (company filing).
ZFCVINDIA
₹14,375.00
ZF Commercial Vehicle Control Systems India
7D
5.8%
1Y
8.5%

ZFCVINDIA: ADAS Regulation Tailwinds Will Support Future Upside Potential

Analysts are maintaining their price target for ZF Commercial Vehicle Control Systems India at ₹17,750, reflecting only minor adjustments to assumptions such as the discount rate, long-term revenue growth, profit margin and future P/E, which leave the overall valuation view essentially unchanged. What's in the News Board meeting scheduled on Feb 10, 2026 at 14:05 IST to review unaudited standalone and consolidated financial results for the quarter ended Dec 31, 2025 and to consider and approve a postal ballot process to seek shareholder approval (Board Meeting).
517334
₹107.55
Samvardhana Motherson International
7D
-4.9%
1Y
22.0%
TIINDIA
₹2,572.70
Tube Investments of India
7D
-4.1%
1Y
-5.8%

TIINDIA: Board Decisions On Interim Dividend Will Support Future Share Strength

Analysts have kept their ₹3,175 price target on Tube Investments of India unchanged, pointing to only marginal tweaks in assumptions, such as a slightly lower discount rate, an unchanged revenue trajectory and profit margin, and a small adjustment to the future P/E multiple. Analyst Commentary With the ₹3,175 target maintained, recent commentary around Tube Investments of India mainly focuses on how well the company can execute against existing expectations rather than on big changes to the financial model.
505790
₹3,868.70
Schaeffler India
7D
-4.8%
1Y
17.1%

505790: Dividend And Board Actions Will Shape A Constructive Outlook

The analyst fair value estimate for Schaeffler India has shifted slightly higher from about ₹4,710 to roughly ₹4,787, with analysts pointing to updated assumptions on the discount rate, long term revenue growth, profit margin and future P/E as the key drivers behind the change. What's in the News A board meeting is scheduled for Feb 24, 2026, to review the audited standalone and consolidated financial results for the quarter and year ended Dec 31, 2025, consider a dividend recommendation for 2025, and discuss the upcoming AGM (company announcement).
532539
₹1,044.90
Uno Minda
7D
-3.9%
1Y
18.5%

532539: New Alloy Wheel Capacity And Green Power Sourcing Will Drive Repricing

Analysts have kept their price target for Uno Minda steady at ₹1,575, citing slightly adjusted assumptions around the discount rate, revenue growth, profit margins and future P/E that together support the existing valuation view. What's in the News The board approved a new AW4W plant in the LPS domain at Chhatrapati Sambhajinagar, Maharashtra, with a planned capacity of up to 1.80 million alloy wheels per year in phases (board meeting, February 5, 2026).
502355
₹2,123.75
Balkrishna Industries
7D
-4.0%
1Y
-17.2%

502355: New Distribution Tie Up And Governance Moves Will Shape Fairly Valued Outlook

Analysts have trimmed their price target on Balkrishna Industries slightly, with fair value moving from about ₹2,384.67 to ₹2,337.00. This reflects modest adjustments to long term assumptions for discount rate, revenue growth, profit margin and future P/E.
505744
₹417.35
Federal-Mogul Goetze (India)
7D
3.8%
1Y
25.4%
TENNIND
₹531.15
Tenneco Clean Air India
7D
0.9%
1Y
n/a
520056
₹14,217.45
TVS Holdings
7D
0.9%
1Y
62.3%