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Indian (NIFTY) Auto Industry Analysis
UpdatedJan 02, 2026
DataAggregated Company Financials
Companies19
- 7D1.9%
- 3M-1.3%
- 1Y13.6%
- YTD0%
The Auto industry is up 1.0% in the last week, with Mahindra & Mahindra up 3.4%. In the same time, Zelio E-Mobility was down 9.6%. This takes the industry's 12 month performance to a gain of 17%. As for the next few years, earnings are expected to grow by 13% 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, 02 Jan 2026 | ₹20.8t | ₹10.1t | ₹643.1b | 32.8x | 32.4x | 2.1x |
| Sun, 30 Nov 2025 | ₹20.3t | ₹10.1t | ₹643.1b | 33.1x | 31.5x | 2x |
| Tue, 28 Oct 2025 | ₹20.4t | ₹10.0t | ₹717.8b | 35.1x | 28.4x | 2x |
| Thu, 25 Sep 2025 | ₹21.5t | ₹10.0t | ₹717.7b | 36.6x | 29.9x | 2.2x |
| Sat, 23 Aug 2025 | ₹19.7t | ₹10.0t | ₹717.7b | 31.9x | 27.5x | 2x |
| Mon, 21 Jul 2025 | ₹18.1t | ₹9.9t | ₹715.8b | 30.5x | 25.4x | 1.8x |
| Wed, 18 Jun 2025 | ₹17.8t | ₹9.9t | ₹716.5b | 29.5x | 24.8x | 1.8x |
| Fri, 16 May 2025 | ₹18.1t | ₹9.9t | ₹723.9b | 29.5x | 25.1x | 1.8x |
| Sun, 13 Apr 2025 | ₹15.9t | ₹9.8t | ₹807.6b | 26.9x | 19.6x | 1.6x |
| Tue, 11 Mar 2025 | ₹15.9t | ₹9.8t | ₹807.6b | 26.2x | 19.7x | 1.6x |
| Thu, 06 Feb 2025 | ₹18.2t | ₹9.7t | ₹802.3b | 31.5x | 22.7x | 1.9x |
| Sat, 04 Jan 2025 | ₹18.1t | ₹9.6t | ₹813.0b | 30x | 22.3x | 1.9x |
| Mon, 02 Dec 2024 | ₹17.6t | ₹9.6t | ₹813.0b | 27.9x | 21.7x | 1.8x |
| Wed, 30 Oct 2024 | ₹17.7t | ₹9.6t | ₹816.7b | 27.7x | 21.6x | 1.8x |
| Fri, 27 Sep 2024 | ₹19.8t | ₹8.8t | ₹759.1b | 32.4x | 26.1x | 2.2x |
| Sun, 25 Aug 2024 | ₹18.2t | ₹8.8t | ₹759.1b | 30x | 24x | 2.1x |
| Tue, 23 Jul 2024 | ₹17.0t | ₹8.6t | ₹736.6b | 32.9x | 23.1x | 2x |
| Thu, 20 Jun 2024 | ₹17.1t | ₹8.6t | ₹733.5b | 33.4x | 23.3x | 2x |
| Sat, 18 May 2024 | ₹16.1t | ₹8.7t | ₹733.2b | 32x | 21.9x | 1.9x |
| Mon, 15 Apr 2024 | ₹15.5t | ₹8.3t | ₹592.3b | 32.9x | 26.2x | 1.9x |
| Wed, 13 Mar 2024 | ₹15.0t | ₹8.3t | ₹592.3b | 31.2x | 25.2x | 1.8x |
| Fri, 09 Feb 2024 | ₹13.9t | ₹8.2t | ₹586.3b | 29.6x | 23.6x | 1.7x |
| Sun, 07 Jan 2024 | ₹12.7t | ₹7.9t | ₹530.0b | 29.3x | 24x | 1.6x |
| Tue, 05 Dec 2023 | ₹12.2t | ₹7.8t | ₹513.5b | 32.5x | 23.9x | 1.6x |
| Thu, 02 Nov 2023 | ₹10.8t | ₹7.5t | ₹463.6b | 27.9x | 23.3x | 1.4x |
| Sat, 30 Sep 2023 | ₹11.1t | ₹7.5t | ₹462.6b | 31.2x | 24x | 1.5x |
| Mon, 28 Aug 2023 | ₹10.3t | ₹7.5t | ₹462.6b | 29x | 22.3x | 1.4x |
| Wed, 26 Jul 2023 | ₹10.7t | ₹7.1t | ₹343.6b | 40.5x | 31x | 1.5x |
| Fri, 23 Jun 2023 | ₹10.1t | ₹7.0t | ₹342.3b | 34.6x | 29.4x | 1.4x |
| Sun, 21 May 2023 | ₹9.5t | ₹7.0t | ₹338.5b | 33.5x | 28.1x | 1.4x |
| Tue, 18 Apr 2023 | ₹8.9t | ₹6.6t | ₹258.8b | 26.1x | 34.3x | 1.3x |
| Thu, 16 Mar 2023 | ₹8.2t | ₹6.6t | ₹258.8b | 25x | 31.8x | 1.2x |
| Sat, 11 Feb 2023 | ₹8.8t | ₹6.5t | ₹249.0b | 26.7x | 35.5x | 1.4x |
| Mon, 09 Jan 2023 | ₹8.3t | ₹6.2t | ₹173.2b | 27.7x | 48.2x | 1.3x |
Price to Earnings Ratio
48.2x
Current Industry PE
- Investors are optimistic on the Indian Auto industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.1x which is higher than its 3-year average PE of 26.1x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Auto industry have grown 55% per year over the last three years.
- Revenues for these companies have grown 18% 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 | 0.53% | |
| Auto | 1.94% | |
| Motorcycle Manufacturers | 2.82% | |
| Automobile Manufacturers | 1.38% | |
Industry PE
- Investors are most optimistic about the Motorcycle Manufacturers industry which is trading above its 3-year average PE ratio of 34.7x.
- Analysts are expecting annual earnings growth of 15.2%, which is lower than the prior year's growth of 27.2% per year.
- Investors are most pessimistic about the Automobile Manufacturers industry, which is trading close to its 3-year average of 25.2x.
Forecasted Growth
- Analysts are most optimistic on the Motorcycle Manufacturers industry, expecting annual earnings growth of 15% over the next 5 years.
- However this is lower than its past earnings growth rate of 27% per year.
- In contrast, the Automobile Manufacturers industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| M&M Mahindra & Mahindra | ₹3.80k | 4.9% +₹200.2b | 19.2% | PE29.8x | |
| BAJAJ-AUTO Bajaj Auto | ₹9.50k | 4.8% +₹122.4b | 6.0% | PE31.9x | |
| MARUTI Maruti Suzuki India | ₹16.96k | 2.2% +₹114.4b | 42.1% | PE36.1x | |
| 532343 TVS Motor | ₹3.86k | 6.1% +₹105.8b | 55.3% | PE70.3x | |
| 500182 Hero MotoCorp | ₹5.93k | 5.2% +₹59.1b | 39.8% | PE22.5x |
