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Indian (NIFTY) Auto Industry Analysis
UpdatedNov 15, 2024
DataAggregated Company Financials
Companies14
- 7D-3.5%
- 3M-12.2%
- 1Y33.2%
- YTD17.2%
Over the last 7 days, the Auto industry has dropped 3.5%, driven by Tata Motors declining 5.6%. Over the past 12 months, the industry was up 33%. As for the next few years, earnings are expected to grow by 11% per annum.
Industry Valuation and Performance
Has the Indian Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 15 Nov 2024 | ₹17.3t | ₹9.6t | ₹812.4b | 26.4x | 21.3x | 1.8x |
| Sun, 13 Oct 2024 | ₹18.8t | ₹8.8t | ₹759.1b | 31.3x | 24.8x | 2.1x |
| Tue, 10 Sep 2024 | ₹18.4t | ₹8.8t | ₹759.1b | 29.6x | 24.2x | 2.1x |
| Thu, 08 Aug 2024 | ₹17.0t | ₹8.8t | ₹770.4b | 29.8x | 22x | 1.9x |
| Sat, 06 Jul 2024 | ₹17.0t | ₹8.6t | ₹733.5b | 32.4x | 23.1x | 2x |
| Mon, 03 Jun 2024 | ₹16.0t | ₹8.6t | ₹733.5b | 32.4x | 21.8x | 1.9x |
| Wed, 01 May 2024 | ₹15.8t | ₹8.4t | ₹608.6b | 32.5x | 26x | 1.9x |
| Fri, 29 Mar 2024 | ₹15.4t | ₹8.3t | ₹592.3b | 33.5x | 26x | 1.9x |
| Sun, 25 Feb 2024 | ₹14.6t | ₹8.3t | ₹592.3b | 31x | 24.7x | 1.8x |
| Tue, 23 Jan 2024 | ₹12.9t | ₹7.9t | ₹530.0b | 28.8x | 24.2x | 1.6x |
| Thu, 21 Dec 2023 | ₹12.1t | ₹7.9t | ₹530.0b | 28.4x | 22.8x | 1.5x |
| Sat, 18 Nov 2023 | ₹11.6t | ₹7.8t | ₹513.5b | 31.2x | 22.7x | 1.5x |
| Mon, 16 Oct 2023 | ₹11.2t | ₹7.5t | ₹460.6b | 29.5x | 24.4x | 1.5x |
| Wed, 13 Sep 2023 | ₹10.9t | ₹7.5t | ₹462.6b | 30.6x | 23.5x | 1.4x |
| Fri, 11 Aug 2023 | ₹10.4t | ₹7.5t | ₹461.6b | 31.4x | 22.5x | 1.4x |
| Sun, 09 Jul 2023 | ₹10.5t | ₹7.0t | ₹342.3b | 41.8x | 30.7x | 1.5x |
| Tue, 06 Jun 2023 | ₹10.0t | ₹7.0t | ₹342.3b | 35.3x | 29.3x | 1.4x |
| Thu, 04 May 2023 | ₹9.1t | ₹6.7t | ₹268.5b | 29.2x | 33.8x | 1.4x |
| Sat, 01 Apr 2023 | ₹8.3t | ₹6.6t | ₹258.8b | 24.7x | 31.9x | 1.2x |
| Mon, 27 Feb 2023 | ₹8.6t | ₹6.6t | ₹258.8b | 26.2x | 33.4x | 1.3x |
| Wed, 25 Jan 2023 | ₹8.6t | ₹6.2t | ₹173.2b | 26.9x | 49.9x | 1.4x |
| Fri, 23 Dec 2022 | ₹8.3t | ₹6.2t | ₹173.2b | 26.8x | 48x | 1.3x |
| Sun, 20 Nov 2022 | ₹8.7t | ₹6.2t | ₹173.2b | 31.1x | 50x | 1.4x |
| Tue, 18 Oct 2022 | ₹8.4t | ₹5.9t | ₹128.6b | 40.3x | 65.7x | 1.4x |
| Thu, 15 Sep 2022 | ₹9.0t | ₹5.9t | ₹128.6b | 42.1x | 69.7x | 1.5x |
| Sat, 13 Aug 2022 | ₹8.8t | ₹5.9t | ₹125.3b | 34.8x | 70.6x | 1.5x |
| Mon, 11 Jul 2022 | ₹8.3t | ₹5.6t | ₹100.7b | 34.4x | 82.9x | 1.5x |
| Wed, 08 Jun 2022 | ₹7.8t | ₹5.6t | ₹100.7b | 34.5x | 77.8x | 1.4x |
| Fri, 06 May 2022 | ₹7.3t | ₹5.6t | ₹27.5b | 34.5x | 265.8x | 1.3x |
| Sun, 03 Apr 2022 | ₹7.4t | ₹5.6t | ₹24.1b | 33.7x | 306.6x | 1.3x |
| Tue, 01 Mar 2022 | ₹7.6t | ₹5.6t | ₹24.1b | 32.6x | 315.3x | 1.4x |
| Thu, 27 Jan 2022 | ₹8.0t | ₹5.6t | ₹71.6b | 32.4x | 111.1x | 1.4x |
| Sat, 25 Dec 2021 | ₹7.2t | ₹5.6t | ₹84.0b | 32.5x | 85.6x | 1.3x |
| Mon, 22 Nov 2021 | ₹8.0t | ₹5.6t | ₹84.1b | 38.2x | 95.2x | 1.4x |
Price to Earnings Ratio
95.2x
Current Industry PE
- Investors are pessimistic on the Indian Auto 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 21.3x which is lower than its 3-year average PE of 65.8x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Auto industry have grown 113% per year over the last three years.
- Revenues for these companies have grown 19% 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 | -4.32% | |
| Consumer Discretionary | -3.50% | |
| Auto | -3.45% | |
| Motorcycle Manufacturers | -3.13% | |
| Automobile Manufacturers | -3.64% | |
Industry PE
- Investors are most optimistic about the Motorcycle Manufacturers industry which is trading above its 3-year average PE ratio of 28.7x.
- Analysts are expecting annual earnings growth of 15.9%, which is lower than the prior year's growth of 29.5% per year.
- Investors are most pessimistic about the Automobile Manufacturers industry, which is trading below its 3-year average of 32.1x.
Forecasted Growth
- Analysts are most optimistic on the Motorcycle Manufacturers industry, expecting annual earnings growth of 16% over the next 5 years.
- However this is lower than its past earnings growth rate of 29% per year.
- In contrast, the Automobile Manufacturers industry is expected to see its earnings grow by 7.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 505200 Eicher Motors | ₹4.89k | 0.2% +₹2.1b | 27.4% | PE31.4x | |
| TUNWAL Tunwal E-Motors | ₹45.00 | 0.8% +₹19.4m | n/a | PE21.1x |