Automobile and Auto Components

Sector overview

Total Companies: 156
Total Market Cap (₹ Cr): 34,29,991
Top 3 Market Cap (₹ Cr): 10,99,236
Sector Concentration: 32.05%
Weighted P/E: 38.53
Weighted P/B: 5.81
Avg Dividend Yield: 0.60%
Avg Qtrly Profit Growth (YoY): 89.19%
Avg Qtrly Sales Growth (YoY): —
Avg Sector ROE: 12.25%
Avg Sector ROCE: 15.28%
Avg Debt to Equity: 0.06
Broad Industries: 2
Sub Industries: 10

AI Sector View

AI GENERATED

Buy

Total vehicles registered 27% YoY (2026-07)Passenger Vehicle sales 14% YoY (2026-06)2 wheelers sales units 23% YoY (2026-06)Tractor sales units 18% YoY (2026-07)vehicle sales 395199 units (Jul/26)car registrations 457810 units (Jul/26)

Domestic auto demand remains strong across categories, with total vehicles registered up 27% YoY (2026-07), passenger vehicle sales up 14% YoY (2026-06), 2-wheelers up 23% YoY (2026-06), and tractor sales up 18% YoY (2026-07). Core demand is reinforced by vehicle sales of 395199 units (Jul/26) and car registrations of 457810 units (Jul/26), outweighing FPI outflows of INR -11826 crore over 3 months to 2026-08-31. The stance stays positive because fundamentals are stronger than positioning.

Confidence

74%

Automobile and Auto Components vs Nifty

Automobile and Auto Components

Nifty Benchmark

Sub Industries

10 sub-industries

S.No.
1.	Auto Ancillary	89	89	9,43,986	3,85,572	40.85%	40.85%	51.55	5.35	59.71	4.30	27.50	2.90	285.90	-0.10	1	14.11%	14.11%	17.58%	-0.10	10.60%	—	1.27	53.71	—	17.63%	0.62%	82.61%	—
2.	Automobile Two & Three Wheelers	12	12	9,14,387	7,24,162	79.20%	79.20%	32.50	8.90	34.79	5.33	26.30	3.81	334.83	0.58	1	10.21%	10.21%	14.43%	0.58	4.33%	—	1.02	24.28	—	22.03%	0.57%	5.08%	—
3.	Automobiles - Passenger Cars	6	6	10,67,187	9,54,883	89.48%	89.48%	23.75	3.92	27.22	4.25	27.20	3.61	976.60	0.37	1	11.78%	11.78%	13.28%	0.37	-431.96%	—	0.89	14.70	—	22.71%	0.69%	2.87%	—
4.	Automobiles-Trucks/Lcv	2	2	33,263	33,263	100%	100%	29.77	6.21	38.17	6.28	37.30	6.28	1,748	0.14	1	24.65%	24.65%	31.50%	0.14	13.76%	—	1.26	70.01	—	4.71%	0.17%	13.57%	—
5.	Batteries	8	8	53,709	52,611	97.96%	97.96%	40.12	1.78	24.46	2.29	16.20	1.79	174.75	0.17	1	17.57%	17.57%	19.14%	0.17	9.18%	—	1.20	47.57	—	12.16%	0.55%	27.79%	—
6.	Bearings	9	9	81,095	74,269	91.58%	91.58%	47.07	8.54	35.19	3.76	34.90	3.10	185.56	-0.16	1	11.81%	11.81%	13.66%	-0.16	8.82%	—	0.94	70.95	—	31.57%	0.87%	8.59%	—
7.	Fasteners	3	3	27,511	27,511	100%	100%	43.29	3.62	41.38	2.40	36.65	2.41	177.50	3.49	1	-22.93%	-22.93%	8.73%	3.49	7.56%	—	0.93	82.40	—	16.30%	0.64%	-9.57%	—
8.	Forgings	14	14	1,31,081	1,26,149	96.24%	96.24%	116.22	7.08	39.26	3.03	18.30	2.01	51.62	-0.10	1	7.52%	7.52%	9.33%	-0.10	8.01%	—	0.96	76.23	—	-9.84%	0.13%	253.08%	—
9.	Glass	2	2	25,122	25,122	100%	100%	57.38	5.09	24.57	2.77	28.70	2.77	74	-0.36	1	5.25%	5.25%	-4.35%	-0.36	8.32%	—	0.34	34.82	—	7.12%	0.10%	170.91%	—
10.	Tyres & Allied	11	11	1,52,650	1,22,855	80.48%	80.48%	23.44	2.63	22.53	2.13	22.50	1.84	4,998	0.12	1	10.35%	10.35%	6.63%	0.12	8.39%	—	1.06	40.65	—	26.86%	0.93%	318.62%	—

Stocks in this sector

S.No.	Name
1.	Asahi India Glass Ltd.	Construction Materials	Glass	25,114	986	57.40	5.09	160	0.20%	11.80%	10.50%	1
2.	Triveni Glass Ltd.	Construction Materials	Glass	8	—	0	-0.45	-12	0%	-20.50%	0%	10

Headlines

Latest news for this sector

Sub Industries

10 sub-industries

S.No.
1.	Auto Ancillary	89	89	9,43,986	3,85,572	40.85%	40.85%	51.55	5.35	59.71	4.30	27.50	2.90	285.90	-0.10	1	14.11%	14.11%	17.58%	-0.10	10.60%	—	1.27	53.71	—	17.63%	0.62%	82.61%	—
2.	Automobile Two & Three Wheelers	12	12	9,14,387	7,24,162	79.20%	79.20%	32.50	8.90	34.79	5.33	26.30	3.81	334.83	0.58	1	10.21%	10.21%	14.43%	0.58	4.33%	—	1.02	24.28	—	22.03%	0.57%	5.08%	—
3.	Automobiles - Passenger Cars	6	6	10,67,187	9,54,883	89.48%	89.48%	23.75	3.92	27.22	4.25	27.20	3.61	976.60	0.37	1	11.78%	11.78%	13.28%	0.37	-431.96%	—	0.89	14.70	—	22.71%	0.69%	2.87%	—
4.	Automobiles-Trucks/Lcv	2	2	33,263	33,263	100%	100%	29.77	6.21	38.17	6.28	37.30	6.28	1,748	0.14	1	24.65%	24.65%	31.50%	0.14	13.76%	—	1.26	70.01	—	4.71%	0.17%	13.57%	—
5.	Batteries	8	8	53,709	52,611	97.96%	97.96%	40.12	1.78	24.46	2.29	16.20	1.79	174.75	0.17	1	17.57%	17.57%	19.14%	0.17	9.18%	—	1.20	47.57	—	12.16%	0.55%	27.79%	—
6.	Bearings	9	9	81,095	74,269	91.58%	91.58%	47.07	8.54	35.19	3.76	34.90	3.10	185.56	-0.16	1	11.81%	11.81%	13.66%	-0.16	8.82%	—	0.94	70.95	—	31.57%	0.87%	8.59%	—
7.	Fasteners	3	3	27,511	27,511	100%	100%	43.29	3.62	41.38	2.40	36.65	2.41	177.50	3.49	1	-22.93%	-22.93%	8.73%	3.49	7.56%	—	0.93	82.40	—	16.30%	0.64%	-9.57%	—
8.	Forgings	14	14	1,31,081	1,26,149	96.24%	96.24%	116.22	7.08	39.26	3.03	18.30	2.01	51.62	-0.10	1	7.52%	7.52%	9.33%	-0.10	8.01%	—	0.96	76.23	—	-9.84%	0.13%	253.08%	—
9.	Glass	2	2	25,122	25,122	100%	100%	57.38	5.09	24.57	2.77	28.70	2.77	74	-0.36	1	5.25%	5.25%	-4.35%	-0.36	8.32%	—	0.34	34.82	—	7.12%	0.10%	170.91%	—
10.	Tyres & Allied	11	11	1,52,650	1,22,855	80.48%	80.48%	23.44	2.63	22.53	2.13	22.50	1.84	4,998	0.12	1	10.35%	10.35%	6.63%	0.12	8.39%	—	1.06	40.65	—	26.86%	0.93%	318.62%	—