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Indian (NIFTY) Auto Components Industry Analysis

UpdatedJul 05, 2024
DataAggregated Company Financials
Companies125
  • 7D3.0%
  • 3M27.1%
  • 1Y59.7%
  • YTD33.6%

Samvardhana Motherson International is up 4.1%, leading the way for the Auto Components industry, which has gained 3.0%. This means that the industry has gained 60% over the past year. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Jul 2024₹11.4t₹4.7t₹268.7b32.1x42.5x2.4x
Sun, 02 Jun 2024₹9.9t₹4.7t₹267.9b28.6x36.9x2.1x
Tue, 30 Apr 2024₹9.2t₹4.5t₹242.9b30.6x38x2x
Thu, 28 Mar 2024₹8.7t₹4.5t₹242.7b29.5x36x1.9x
Sat, 24 Feb 2024₹9.0t₹4.5t₹242.6b31.5x37x2x
Mon, 22 Jan 2024₹8.9t₹4.4t₹222.0b31x40.2x2x
Wed, 20 Dec 2023₹8.3t₹4.4t₹222.7b30.7x37.2x1.9x
Fri, 17 Nov 2023₹7.8t₹4.4t₹222.6b28.9x34.9x1.8x
Sun, 15 Oct 2023₹7.6t₹4.2t₹197.5b28.8x38.5x1.8x
Tue, 12 Sep 2023₹7.8t₹4.2t₹197.4b29.3x39.7x1.9x
Thu, 10 Aug 2023₹7.3t₹4.1t₹187.3b29.4x39.1x1.8x
Sat, 08 Jul 2023₹7.1t₹4.1t₹176.1b27.1x40.1x1.7x
Mon, 05 Jun 2023₹6.4t₹4.1t₹175.5b24.4x36.7x1.6x
Wed, 03 May 2023₹6.0t₹4.0t₹160.8b24.4x37.3x1.5x
Fri, 31 Mar 2023₹5.5t₹4.0t₹160.6b21.3x34.3x1.4x
Sun, 26 Feb 2023₹5.8t₹4.0t₹160.1b20.3x36.4x1.5x
Tue, 24 Jan 2023₹5.8t₹3.8t₹155.0b23.5x37.5x1.5x
Thu, 22 Dec 2022₹5.9t₹3.8t₹154.9b24.1x38.1x1.6x
Sat, 19 Nov 2022₹5.8t₹3.8t₹154.6b21.8x37.2x1.5x
Mon, 17 Oct 2022₹5.6t₹3.6t₹150.7b22.6x37x1.6x
Wed, 14 Sep 2022₹5.9t₹3.5t₹146.0b23.6x40.6x1.7x
Fri, 12 Aug 2022₹5.6t₹3.5t₹144.4b22.3x38.9x1.6x
Sun, 10 Jul 2022₹5.3t₹3.3t₹136.1b24.4x39x1.6x
Tue, 07 Jun 2022₹5.0t₹3.3t₹135.4b21.6x36.9x1.5x
Thu, 05 May 2022₹5.3t₹3.3t₹139.1b22.1x37.9x1.6x
Sat, 02 Apr 2022₹5.3t₹3.3t₹137.5b21.8x38.4x1.6x
Mon, 28 Feb 2022₹4.9t₹3.3t₹137.3b20.8x35.6x1.5x
Wed, 26 Jan 2022₹5.2t₹3.3t₹148.6b21.7x35.3x1.6x
Fri, 24 Dec 2021₹5.3t₹3.3t₹150.2b19.6x35.4x1.6x
Sun, 21 Nov 2021₹5.5t₹3.3t₹150.1b20.9x36.9x1.7x
Tue, 19 Oct 2021₹5.6t₹3.1t₹142.5b22x39x1.8x
Thu, 16 Sep 2021₹5.1t₹3.1t₹140.4b20.9x36.6x1.7x
Sat, 14 Aug 2021₹4.9t₹3.1t₹142.1b21.3x34.7x1.6x
Price to Earnings Ratio

35.9x


Total Market Cap: ₹5.1tTotal Earnings: ₹142.1bTotal Revenue: ₹3.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Auto Components Industry Price to Earnings3Y Average 37.4x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Auto Components industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 42.5x which is higher than its 3-year average PE of 37.4x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 24% 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 Market2.04%
Consumer Discretionary1.80%
Auto Components2.98%
Auto Parts and Equipment3.13%
Tires and Rubber2.19%
Industry PE
  • Investors are most optimistic about the Auto Parts and Equipment industry which is trading above its 3-year average PE ratio of 40.7x.
    • Analysts are expecting annual earnings growth of 18.6%, which is lower than the prior year's growth of 22.7% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 29.2x.
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 roughly in line with its past earnings growth rate.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 12% 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
517334 Samvardhana Motherson International₹206.604.1%
+₹55.2b
125.7%PE51.5x
532539 Uno Minda₹1.16k8.2%
+₹50.6b
107.9%PE75.6x
520056 TVS Holdings₹13.85k9.6%
+₹24.5b
192.8%PE35x
TIINDIA Tube Investments of India₹4.33k2.9%
+₹23.8b
35.1%PE125.8x
530007 JK Tyre & Industries₹460.6016.8%
+₹17.3b
79.4%PE15.3x
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530007

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520056

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532539

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Uno Minda

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PAVNAIND

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Pavna Industries

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517334

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125.7%

505242

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Dynamatic Technologies

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SUNDRMFAST

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MSUMI

₹73.11

Motherson Sumi Wiring India

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25.7%

TIINDIA

₹4,326.90

Tube Investments of India

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2.9%

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35.1%