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Indian (NIFTY) Auto Components Industry Analysis

UpdatedAug 15, 2026
DataAggregated Company Financials
Companies139
  • 7D-0.05%
  • 3M15.9%
  • 1Y26.2%
  • YTD16.1%

Over the last 7 days, the Auto Components industry has risen 1.4%, driven by gains from Bosch of 12%. Meanwhile, Bharat Forge actually underperformed within the industry, shrinking 8.8% in the last week. This means that the industry has gained 26% over the past year. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Aug 2026₹14.1t₹6.4t₹352.7b28.4x40x2.2x
Mon, 13 Jul 2026₹13.0t₹6.1t₹341.0b29.1x38.2x2.1x
Wed, 10 Jun 2026₹12.3t₹6.1t₹341.1b26.6x36x2x
Fri, 08 May 2026₹12.1t₹5.9t₹318.7b30.3x37.9x2.1x
Sun, 05 Apr 2026₹10.8t₹5.8t₹315.5b27.6x34.1x1.8x
Tue, 03 Mar 2026₹12.2t₹5.8t₹315.2b30.1x38.7x2.1x
Thu, 29 Jan 2026₹11.2t₹5.6t₹299.6b29.2x37.4x2x
Sat, 27 Dec 2025₹11.8t₹5.6t₹298.9b32.4x39.4x2.1x
Mon, 24 Nov 2025₹11.2t₹5.5t₹288.1b31.7x38.7x2x
Wed, 22 Oct 2025₹11.0t₹5.3t₹272.7b34x40.4x2.1x
Fri, 19 Sep 2025₹11.1t₹5.3t₹271.9b33.2x40.7x2.1x
Sun, 17 Aug 2025₹10.0t₹5.3t₹271.8b29x36.6x1.9x
Tue, 15 Jul 2025₹10.3t₹5.2t₹270.2b32x38.2x2x
Thu, 12 Jun 2025₹10.2t₹5.2t₹270.9b31.9x37.5x2x
Sat, 10 May 2025₹9.0t₹5.0t₹279.8b28.1x32.2x1.8x
Mon, 07 Apr 2025₹8.2t₹5.0t₹276.8b27.4x29.6x1.7x
Wed, 05 Mar 2025₹8.0t₹5.0t₹276.7b27x28.8x1.6x
Fri, 31 Jan 2025₹9.0t₹4.9t₹281.5b28.4x32.1x1.8x
Sun, 29 Dec 2024₹10.2t₹4.9t₹279.4b32.3x36.4x2.1x
Tue, 26 Nov 2024₹10.2t₹4.9t₹278.5b30.9x36.5x2.1x
Thu, 24 Oct 2024₹10.8t₹4.8t₹277.4b32x38.8x2.3x
Sat, 21 Sep 2024₹11.4t₹4.8t₹278.7b34.6x41x2.4x
Mon, 19 Aug 2024₹10.8t₹4.8t₹278.0b33.2x38.9x2.3x
Wed, 17 Jul 2024₹11.2t₹4.7t₹268.8b32.1x41.8x2.4x
Fri, 14 Jun 2024₹10.5t₹4.7t₹268.9b30.2x39.2x2.3x
Sun, 12 May 2024₹9.3t₹4.6t₹245.6b29.3x37.8x2x
Tue, 09 Apr 2024₹9.1t₹4.5t₹242.8b30.9x37.3x2x
Thu, 07 Mar 2024₹8.9t₹4.5t₹242.7b30.1x36.7x2x
Sat, 03 Feb 2024₹8.9t₹4.4t₹224.6b30.3x39.7x2x
Mon, 01 Jan 2024₹8.4t₹4.4t₹222.7b31x37.8x1.9x
Wed, 29 Nov 2023₹7.9t₹4.4t₹222.7b29.5x35.4x1.8x
Fri, 27 Oct 2023₹7.3t₹4.2t₹199.3b28.3x36.6x1.7x
Sun, 24 Sep 2023₹7.6t₹4.2t₹197.4b27.9x38.4x1.8x
Tue, 22 Aug 2023₹7.2t₹4.2t₹197.1b27.9x36.8x1.7x
Price to Earnings Ratio

36.8x


Total Market Cap: ₹7.2tTotal Earnings: ₹197.1bTotal Revenue: ₹4.2tTotal 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 21% per year over the last three years.
  • Revenues for these companies have grown 15% 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-0.36%
Consumer Discretionary-0.18%
Auto Components-0.048%
Auto Parts and Equipment0.14%
Tires and Rubber-1.44%
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 21.9%, which is higher than its past year's earnings growth of 15.3% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 27.6x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 22% 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 16% 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₹47.06k12.0%
+₹149.3b		21.9%PE58.7x
SUNDRMFAST Sundram Fasteners₹1.22k11.7%
+₹26.7b		28.1%PE41.9x
LUMAXTECH Lumax Auto Technologies₹2.03k17.6%
+₹20.7b		101.6%PE42.6x
515030 Asahi India Glass₹938.904.4%
+₹10.1b		12.2%PE54.7x
DIVGIITTS Divgi TorqTransfer Systems₹1.30k24.2%
+₹7.8b		101.3%PE62.9x

Latest News

DIVGIITTS
₹1,301.05
Divgi TorqTransfer Systems
7D
24.2%
1Y
101.3%
Narrative Update • Aug 13

DIVGIITTS: US Expansion And Higher Dividend Will Support Measured Future Upside

Analysts have raised the price target on Divgi TorqTransfer Systems from ₹983 to ₹1,128, citing updated assumptions that combine slightly lower revenue growth with higher projected profit margins and a more moderate future P/E multiple. What’s in the News for Divgi TorqTransfer Systems Board meeting scheduled on May 25, 2026 to consider audited financial results for the quarter and year ended March 31, 2026, a final dividend recommendation for FY 2025-26, and the incorporation of a wholly owned subsidiary in the United States.
500086
₹475.60
Exide Industries
7D
-3.0%
1Y
27.1%
Narrative Update • Aug 13

500086: Elevated Expectations Will Depend On Bearish Jul 30 Board Outcome

Analysts have nudged their fair value estimate for Exide Industries up from ₹300 to ₹325, reflecting updated assumptions around discount rate, revenue growth, profit margins and future P/E expectations. What’s in the News for Exide Industries Exide Industries has scheduled a board meeting for Jul 30, 2026 to consider and approve unaudited financial results for the quarter ending Jun 30, 2026.
500530
₹47,061.00
Bosch
7D
12.0%
1Y
21.9%
Narrative Update • Aug 12

500530: Joint Venture And Dividend Will Shape Future Earnings Multiple

Analysts have raised their price target for Bosch from ₹37,499 to ₹43,728. This reflects updated assumptions around revenue growth, profit margins and future P/E levels.
LUMAXTECH
₹2,025.70
Lumax Auto Technologies
7D
17.6%
1Y
101.6%
Narrative Update • Aug 12

LUMAXTECH: Board Actions And Higher Future P E Will Support Bullish Outlook

Analysts have revised their price target on Lumax Auto Technologies to ₹2,560 from ₹2,271. The change reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E expectations.
SUNDRMFAST
₹1,217.60
Sundram Fasteners
7D
11.7%
1Y
28.1%
BELRISE
₹255.35
Belrise Industries
7D
2.9%
1Y
89.8%
500493
₹2,075.00
Bharat Forge
7D
-8.8%
1Y
75.8%
Narrative Update • Aug 10

500493: Defence And Aerospace Expansion Will Likely Struggle To Justify Rich Pricing

Analysts have nudged their fair value estimate for Bharat Forge higher from about ₹1,840.82 to around ₹1,883.87, citing updated assumptions on revenue growth, profit margins and future P/E as the key drivers behind this adjustment. What's in the News for Bharat Forge Bharat Forge has scheduled a board meeting on 10 Aug 2026 to review unaudited standalone and consolidated financial results for the quarter ended 30 Jun 2026.
500039
₹618.65
Banco Products (India)
7D
-9.8%
1Y
15.2%
TENNIND
₹538.25
Tenneco Clean Air India
7D
-4.4%
1Y
n/a
Analysis Article • Aug 10

Tenneco Clean Air India Limited (NSE:TENNIND) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Investors in Tenneco Clean Air India Limited ( NSE:TENNIND ) had a good week, as its shares rose 4.6% to close at ₹563...
VARROC
₹847.90
Varroc Engineering
7D
4.5%
1Y
63.1%
515030
₹938.90
Asahi India Glass
7D
4.4%
1Y
12.2%
532539
₹1,240.00
Uno Minda
7D
-2.7%
1Y
7.9%
Narrative Update • Aug 05

532539: Heavy EV And Seating Capex Will Limit Future Return Potential

Analysts have nudged their fair value estimate for Uno Minda higher to about ₹981 from roughly ₹942, reflecting updated assumptions that include a slightly lower discount rate, a more moderate outlook for revenue growth, a firmer profit margin profile, and a modestly reduced future P/E multiple. What's in the News for Uno Minda Uno Minda approved a final dividend of ₹1.75 per equity share at the AGM held on July 31, 2026, along with an interim dividend of ₹0.90 per share for the financial year ended March 31, 2026.
502355
₹2,366.05
Balkrishna Industries
7D
-4.1%
1Y
-1.3%
SONACOMS
₹792.00
Sona BLW Precision Forgings
7D
-3.2%
1Y
75.3%
Narrative Update • Aug 05

SONACOMS: EV JV And Robotics Capex Will Shape A Balanced Outlook

Analysts have lifted their price target on Sona BLW Precision Forgings from about ₹621 to about ₹760, citing revised assumptions for revenue growth, profit margins, and the stock's future P/E multiple. What's in the News for Sona BLW Precision Forgings Sona BLW Precision Forgings plans a board meeting on 22 July 2026 to consider carving out and transferring its Electric Vehicle business to Sona Comstar eDrive Private Limited through a slump sale and forming a joint venture with DENSO Corporation, Japan.
PRICOLLTD
₹792.05
Pricol
7D
7.3%
1Y
85.0%
520056
₹13,984.55
TVS Holdings
7D
-5.8%
1Y
20.8%