# Automobiles Sector
> Cyclical OEM recovery with structural EV optionality, premiumization trends favor organized players.

## Overview
Market Cap: ₹29,35,543 Cr
Avg P/E: 43.5
Companies: 79

## Data Freshness
Sector Updated: 2026-09-03T10:49:41.941Z
Updated By: daily market-close sector sync and derived refresh jobs

## Companies
- Maruti Suzuki India Ltd (MARUTI): ₹12666 | PE — | MCap —
- Mahindra & Mahindra Limited (M&M): ₹3129.55 | PE 20.2 | MCap ₹3,87,086 Cr
- MM (MM): — | PE 20.1 | MCap ₹3,84,791 Cr
- Bajaj Auto Ltd (BAJAJ-AUTO): ₹11762 | PE — | MCap —
- Eicher Motors Ltd (EICHERMOT): ₹7692.5 | PE 35.5 | MCap ₹2,06,715 Cr
- TVS Motor Company Ltd (TVSMOTOR): ₹4133.65 | PE — | MCap —
- Hyundai Motor India Ltd (HYUNDAI): ₹2214.9 | PE 36.4 | MCap ₹1,79,969 Cr
- Samvardhana Motherson International Ltd (MOTHERSON): — | PE — | MCap —
- Tata Motors Ltd (TMCV): — | PE 39.8 | MCap ₹1,66,647 Cr
- Bosch Ltd (BOSCHLTD): ₹48755.4 | PE 60.7 | MCap ₹1,44,456 Cr
- Tata Motors Passenger Vehicles Ltd (TMPV): — | PE — | MCap ₹1,11,408 Cr
- TATAMOTORS (TATAMOTORS): — | PE 111.0 | MCap ₹1,10,892 Cr
- Hero MotoCorp Ltd (HEROMOTOCO): ₹5239.9 | PE — | MCap —
- Ashok Leyland Ltd (ASHOKLEY): — | PE 28.6 | MCap ₹1,00,814 Cr
- Bharat Forge Ltd (BHARATFORG): ₹1965.7 | PE 132.3 | MCap ₹93,977 Cr
- UNO Minda Ltd-$ (UNOMINDA): — | PE 59.1 | MCap ₹71,057 Cr
- Ather Energy Ltd (ATHERENERG): ₹1637 | PE — | MCap ₹64,844 Cr
- Schaeffler India Ltd (SCHAEFFLER): ₹3974.3 | PE 49.4 | MCap ₹62,120 Cr
- MRF Ltd (MRF): ₹128080.05 | PE 22.4 | MCap ₹54,321 Cr
- Sona BLW Precision Forgings Ltd (SONACOMS): — | PE 71.7 | MCap ₹49,961 Cr
- Balkrishna Industries Ltd (BALKRISIND): ₹2198.65 | PE 29.8 | MCap ₹41,817 Cr
- Endurance Technologies Ltd (ENDURANCE): ₹2706 | PE 39.2 | MCap ₹38,063 Cr
- Exide Industries Ltd (EXIDEIND): — | PE 38.2 | MCap ₹35,500 Cr
- Escorts Kubota Ltd (ESCORTS): ₹2978.3 | PE 23.7 | MCap ₹32,770 Cr
- Dhoot Transmission Limited (DHOOTTRANS): ₹1576 | PE — | MCap —
- Craftsman Automation Ltd (CRAFTSMAN): ₹11913.4 | PE 61.3 | MCap ₹31,159 Cr
- ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA): ₹2470.3 | PE 56.7 | MCap ₹28,611 Cr
- Apollo Tyres Ltd (APOLLOTYRE): — | PE 15.5 | MCap ₹26,369 Cr
- TVS Holdings Ltd (TVSHLTD): ₹13113.75 | PE 13.2 | MCap ₹26,328 Cr
- Sundram Fasteners Ltd (SUNDRMFAST): — | PE 41.8 | MCap ₹25,612 Cr
- Sansera Engineering Ltd (SANSERA): ₹4100 | PE — | MCap —
- Asahi India Glass Ltd (ASAHIINDIA): — | PE 56.0 | MCap ₹24,800 Cr
- Motherson Sumi Wiring India Ltd (MSUMI): — | PE 39.2 | MCap ₹24,411 Cr
- Gabriel India Ltd (GABRIEL): — | PE 76.7 | MCap ₹24,014 Cr
- Force Motors Ltd-$ (FORCEMOT): ₹17981.85 | PE — | MCap —
- Belrise Industries Ltd (BELRISE): — | PE 39.6 | MCap ₹21,804 Cr
- Tenneco Clean Air India Ltd (TENNIND): — | PE 34.8 | MCap ₹20,903 Cr
- Shriram Pistons & Rings Ltd (SHRIPISTON): ₹4483.8 | PE 35.1 | MCap ₹20,799 Cr
- Ola Electric Mobility Ltd (OLAELEC): — | PE — | MCap —
- Minda Corporation Ltd (MINDACORP): — | PE 33.5 | MCap ₹16,503 Cr
- CarTrade Tech Ltd (CARTRADE): ₹3048 | PE 65.7 | MCap ₹14,786 Cr
- CIE Automotive India Ltd (CIEINDIA): — | PE 16.2 | MCap ₹14,548 Cr
- JBM Auto Ltd (JBMA): — | PE 64.8 | MCap ₹14,541 Cr
- Lumax Auto Technologies Ltd (LUMAXTECH): ₹1975.8 | PE 41.5 | MCap ₹13,467 Cr
- Action Construction Equipment Ltd (ACE): — | PE 30.7 | MCap ₹13,414 Cr
- Ceat Ltd (CEATLTD): ₹3304.5 | PE 20.8 | MCap ₹13,268 Cr
- Varroc Engineering Ltd (VARROC): — | PE 66.8 | MCap ₹13,002 Cr
- Sedemac Mechatronics Ltd (SEDEMAC): ₹2910.7 | PE 107.3 | MCap ₹12,856 Cr
- ASK Automotive Ltd (ASKAUTOLTD): — | PE 39.1 | MCap ₹12,381 Cr
- JK Tyre & Industries Ltd (JKTYRE): — | PE 15.5 | MCap ₹10,321 Cr
- Olectra Greentech Ltd (OLECTRA): — | PE 55.8 | MCap ₹9,900 Cr
- Pricol Ltd (PRICOLLTD): — | PE 34.6 | MCap ₹9,280 Cr
- SML Mahindra Ltd (SMLMAH): ₹6364.8 | PE 56.2 | MCap ₹9,211 Cr
- Banco Products (India) Ltd-$ (BANCOINDIA): — | PE 18.5 | MCap ₹9,152 Cr
- HMT Ltd (HMT): — | PE — | MCap —
- Dynamatic Technologies Ltd-$ (DYNAMATECH): ₹11664.55 | PE 187.1 | MCap ₹7,922 Cr
- S.J.S. Enterprises Ltd (SJS): ₹2321 | PE 39.8 | MCap ₹7,592 Cr
- Bengal & Assam Company Ltd (BENGALASM): ₹6269.7 | PE 9.3 | MCap ₹7,127 Cr
- AJAX Engineering Ltd (AJAXENGG): — | PE 29.3 | MCap ₹6,648 Cr
- Suprajit Engineering Ltd-$ (SUPRAJIT): — | PE 35.5 | MCap ₹6,620 Cr
- Wheels India Ltd (WHEELS): ₹2417.6 | PE 36.2 | MCap ₹5,907 Cr
- Steel Strips Wheels Ltd-$ (SSWL): — | PE 27.5 | MCap ₹5,834 Cr
- Lumax Industries Ltd (LUMAXIND): ₹6159.1 | PE 30.7 | MCap ₹5,757 Cr
- LG Balakrishnan & Bros Ltd (LGBBROSLTD): ₹1727.05 | PE 17.3 | MCap ₹5,509 Cr
- Fiem Industries Ltd (FIEMIND): ₹2008.6 | PE 20.1 | MCap ₹5,287 Cr
- Jamna Auto Industries Ltd (JAMNAAUTO): — | PE 21.8 | MCap ₹5,273 Cr
- Sharda Motor Industries Ltd (SHARDAMOTR): — | PE — | MCap —
- Subros Ltd (SUBROS): — | PE 28.4 | MCap ₹4,724 Cr
- NRB Bearings Ltd (NRBBEARING): — | PE 31.8 | MCap ₹4,697 Cr
- Swaraj Engines Ltd (SWARAJENG): ₹3600 | PE 21.7 | MCap ₹4,374 Cr
- Uniparts India Ltd (UNIPARTS): — | PE 22.1 | MCap ₹4,037 Cr
- TVS Srichakra Ltd-$ (TVSSRICHAK): ₹5250.6 | PE 38.4 | MCap ₹3,938 Cr
- Sandhar Technologies Ltd (SANDHAR): — | PE 18.4 | MCap ₹3,778 Cr
- Rane (Madras) Ltd (RML): — | PE — | MCap —
- DIVGI TORQTRANSFER SYSTEMS Ltd (DIVGIITTS): — | PE — | MCap —
- VST Tillers Tractors Ltd-$ (VSTTILLERS): ₹4088.05 | PE 32.2 | MCap ₹3,506 Cr
- Jtekt India Ltd (JTEKTINDIA): — | PE — | MCap —
- Carraro India Ltd (CARRARO): — | PE 23.1 | MCap ₹3,064 Cr
- India Nippon Electricals Ltd (INDNIPPON): — | PE — | MCap —
- Talbros Automotive Components Ltd (TALBROAUTO): — | PE — | MCap —
- Federal-Mogul Goetze (India) Ltd (FMGOETZE): — | PE 15.0 | MCap ₹2,568 Cr
- Automotive Axles Ltd (AUTOAXLES): ₹1680 | PE — | MCap —
- Rane Holdings Ltd (RANEHOLDIN): ₹1682.5 | PE — | MCap —
- G N A Axles Ltd (GNA): — | PE 17.7 | MCap ₹2,344 Cr
- TIL Ltd (TIL): — | PE — | MCap ₹2,098 Cr
- Landmark Cars Ltd (LANDMARK): — | PE 45.7 | MCap ₹2,052 Cr
- RACL Geartech Ltd (RACLGEAR): ₹1608.85 | PE — | MCap —
- SAR Auto Products Ltd (SAPL): — | PE — | MCap —
- Zelio E Mobility Ltd (ZELIO): — | PE 56.0 | MCap ₹1,791 Cr
- Rico Auto Industries Ltd (RICOAUTO): — | PE 48.9 | MCap ₹1,753 Cr
- NDR Auto Components Ltd (NDRAUTO): — | PE — | MCap —
- Goodyear India Ltd (GOODYEAR): — | PE 31.3 | MCap ₹1,684 Cr
- Studds Accessories Ltd (STUDDS): — | PE 22.0 | MCap ₹1,648 Cr
- Menon Bearings Ltd-$ (MENONBE): — | PE — | MCap —
- Bharat Seats Ltd-$ (BHARATSE): — | PE 30.8 | MCap ₹1,420 Cr
- India Motor Parts & Accessories Ltd (IMPAL): — | PE 14.4 | MCap ₹1,405 Cr
- Kross Ltd (KROSS): — | PE 23.0 | MCap ₹1,330 Cr
- Eimco Elecon (India) Ltd (EIMCOELECO): ₹2270 | PE 33.0 | MCap ₹1,309 Cr
- Igarashi Motors India Ltd (IGARASHI): — | PE 78.8 | MCap ₹1,294 Cr
- Atul Auto Ltd-$ (ATULAUTO): — | PE 26.8 | MCap ₹1,267 Cr
- Jay Bharat Maruti Ltd (JAYBARMARU): — | PE — | MCap —
- Munjal Auto Industries Ltd (MUNJALAU): — | PE — | MCap —
- Precision Camshafts Ltd (PRECAM): — | PE 35.5 | MCap ₹1,120 Cr
- The Hi-Tech Gears Ltd (HITECHGEAR): — | PE — | MCap —
- Automobile Corporation of Goa Ltd-$ (ACGL): ₹1765 | PE — | MCap —
- GRP Ltd (GRPLTD): — | PE — | MCap —
- Saint Gobain Sekurit India Ltd (SEKURITIND): — | PE — | MCap —
- R M Drip and Sprinklers Systems Ltd (RMDRIP): — | PE 25.6 | MCap ₹899 Cr
- Popular Vehicles and Services Ltd (PVSL): — | PE — | MCap —
- I S T Ltd (ISTLTD): — | PE 4.8 | MCap ₹781 Cr
- Automotive Stampings and Assemblies Ltd (ASAL): — | PE — | MCap —
- Danlaw Technologies India Ltd-$ (DANLAW): — | PE — | MCap —
- Kalyani Cast-Tech Ltd (KALYANI): — | PE — | MCap —
- Enkei Wheels (India) Ltd (ENKEIWHEL): — | PE — | MCap —
- Indef Manufacturing Ltd (BAJAJINDEF): — | PE — | MCap —
- Mercury Ev-Tech Ltd (MERCURYEV): — | PE — | MCap —
- Indo Farm Equipment Ltd (INDOFARM): — | PE 27.9 | MCap ₹694 Cr
- ZF Steering Gear India Ltd-$ (ZFSTEERING): — | PE 33.6 | MCap ₹678 Cr
- Kinetic Engineering Ltd (KINETICENG): — | PE — | MCap ₹615 Cr
- Hindustan Composites Ltd (HINDCOMPOS): — | PE 19.0 | MCap ₹591 Cr
- Triton Valves Ltd (TRITONV): — | PE 29.8 | MCap ₹581 Cr
- CLN Energy Ltd (CLN): — | PE — | MCap —
- Munjal Showa Ltd (MUNJALSHOW): — | PE 20.8 | MCap ₹516 Cr
- Menon Pistons Ltd (MENNPIS): — | PE — | MCap —
- Captain Polyplast Ltd (CPL): — | PE 14.2 | MCap ₹399 Cr
- Autoline Industries Ltd (AUTOIND): — | PE — | MCap —
- Tara Chand InfraLogistic Solutions Limited (TARACHAND): — | PE 16.3 | MCap ₹375 Cr
- Omax Autos Ltd (OMAXAUTO): — | PE — | MCap —
- Emmforce Autotech Ltd (EMMFORCE): — | PE — | MCap —
- Tolins Tyres Ltd (TOLINS): — | PE 11.4 | MCap ₹365 Cr
- PPAP Automotive Ltd (PPAP): — | PE — | MCap —
- Jinkushal Industries Ltd (JKIPL): — | PE 41.1 | MCap ₹351 Cr
- Jay Ushin Ltd (JAYUSH): — | PE — | MCap —
- Remsons Industries Ltd (REMSONSIND): — | PE 18.9 | MCap ₹336 Cr
- Kalyani Forge Ltd (KALYANIFRG): — | PE — | MCap —
- Ucal  Ltd (UCAL): — | PE — | MCap —
- Elgi Rubber Company Limited (ELGIRUBCO): — | PE — | MCap —
- Indag Rubber Ltd-$ (INDAG): — | PE 22.3 | MCap ₹311 Cr
- Talbros Engineering Ltd (TALBROSENG): — | PE 10.2 | MCap ₹304 Cr
- Hindustan Motors Ltd (HINDMOTORS): — | PE — | MCap —
- Sundaram Brake Linings Ltd (SUNDRMBRAK): — | PE 83.4 | MCap ₹295 Cr
- Mahindra EPC Irrigation Ltd (MAHEPC): — | PE — | MCap —
- Him Teknoforge Ltd (HIMTEK): — | PE — | MCap —
- Bimetal Bearings Ltd (BIMETAL): — | PE 21.5 | MCap ₹245 Cr
- Setco Automotive Ltd (SETCO): — | PE — | MCap —
- Revathi Equipment India Ltd (RVTH): — | PE 15.3 | MCap ₹238 Cr
- Shivam Autotech Ltd (SHIVAMAUTO): — | PE — | MCap —
- Sintercom India Limited (SINTERCOM): — | PE 135.4 | MCap ₹224 Cr
- Competent Automobiles Company Ltd (COMPEAU): — | PE 9.4 | MCap ₹221 Cr
- Pavna Industries Ltd (PAVNAIND): — | PE — | MCap —
- Jullundur Motor Agency (Delhi) Limited (JMA): — | PE — | MCap —
- IP Rings Ltd-$ (IPRINGLTD): — | PE 64.0 | MCap ₹199 Cr
- Wardwizard Innovations & Mobility Ltd (WARDINMOBI): — | PE 183.0 | MCap ₹172 Cr
- Dolfin Rubbers Ltd (DOLFIN): — | PE — | MCap —
- GG Automotive Gears Ltd (GGAUTO): ₹164.6 | PE — | MCap —
- KVS Castings Ltd (KVSCASTING): — | PE — | MCap —
- Bharat Gears Ltd (BHARATGEAR): — | PE — | MCap —
- Machino Plastics Ltd-$ (MACPLASQ): — | PE — | MCap —
- Rajputana Investment and Finance Ltd (RAJPUTANA): — | PE — | MCap —
- Apollo Techno Industries Ltd (ATIL): — | PE 10.6 | MCap ₹146 Cr
- Captain Pipes Ltd (CAPPIPES): ₹8.62 | PE 21.6 | MCap ₹133 Cr
- Uravi Defence and Technology Ltd (URAVIDEF): — | PE 122.0 | MCap ₹130 Cr
- Samkrg Pistons & Rings Ltd-$ (SAMKRG): — | PE — | MCap —
- Smiths & Founders (India) Ltd (SMFIL): ₹10.74 | PE — | MCap —
- Hindustan Hardy Ltd (HINDHARD): — | PE — | MCap —
- Rungta Irrigation Ltd (RUNGTAIR): — | PE — | MCap —
- Akar Auto Industries Ltd (AAIL): ₹90 | PE — | MCap ₹97 Cr
- Sal Automotive Ltd (SALAUTO): ₹195.55 | PE — | MCap —
- GS Auto International Ltd (GSAUTO): ₹21.3 | PE — | MCap —
- Narmada Macplast Drip Irrigation Systems Ltd (NARMP): — | PE 132.4 | MCap ₹86 Cr
- New Swan Multitech Ltd (SWANAGRO): — | PE — | MCap —
- Porwal Auto Components Ltd (PORWAL): — | PE — | MCap —
- Auto Pins (India) Ltd (AUTOPINS): — | PE 226.1 | MCap ₹70 Cr
- Cranex Ltd (CRANEX): — | PE — | MCap —
- Kranti Industries Ltd (KRANTI): — | PE 40.3 | MCap ₹64 Cr
- Universal Autofoundry Ltd (UNIAUTO): ₹49.75 | PE — | MCap —
- Hira Automobiles Ltd (HIRAUTO): — | PE — | MCap —
- Krypton Industries Ltd (KRYPTONQ): ₹34.44 | PE — | MCap —
- Defrail Technologies Ltd (DEFRAIL): — | PE — | MCap —
- MKP Mobility Ltd (MKPMOB): — | PE — | MCap —
- Jagan Lamps Ltd (JAGANLAM): — | PE — | MCap —
- SM Auto Stamping Ltd (SMAUTO): — | PE 13.4 | MCap ₹45 Cr
- Jyotirgamya Enterprises Ltd (JEL): — | PE — | MCap —
- Rasandik Engineering Industries India Ltd-$ (RASANDIK): — | PE — | MCap —
- Debock Industries Limited (DIL): — | PE — | MCap —
- Supertech Ev Ltd (SEVL): — | PE — | MCap —
- Benara Bearings and Pistons Ltd (BENARA): — | PE — | MCap —
- Containe Technologies Ltd (CONTAINE): — | PE 17.1 | MCap ₹18 Cr
- Frontline Corporation Ltd (FRONTCORP): — | PE — | MCap ₹17 Cr
- Tirupati Innovar Ltd (TIRUPATIIN): — | PE — | MCap —
- Vamshi Rubber Ltd (VAMSHIRU): ₹39 | PE — | MCap —
- Eastern Treads Ltd (EASTRED): — | PE — | MCap —
- Sibar Auto Parts Ltd (SIBARAUT): — | PE — | MCap ₹13 Cr
- Resourceful Automobile Ltd (RAL): — | PE — | MCap —
- Retro Green Revolution Ltd (RGRL): — | PE 120.0 | MCap ₹5 Cr
- Naksh Precious Metals Ltd (NAKSH): ₹3.97 | PE — | MCap ₹4 Cr
- Spectra Industries Ltd (SPECTRA): — | PE — | MCap —

## Analysis
The Indian automobile sector is the world's third-largest by volume, producing over 25 million vehicles annually. Passenger vehicle penetration remains low at ~35 per 1,000 people, implying decades of structural growth ahead. The EV transition is accelerating — two-wheeler EVs lead adoption, while passenger EV penetration is crossing 5%. Commercial vehicles are cyclical but benefit from infrastructure spending and fleet modernization. Auto ancillary companies benefit from the 'China+1' sourcing shift, with several players winning global mandates. Key metrics: volume growth, average selling price trends, EBITDA margins, and order book visibility for CVs. Valuations range from 10-15x for CVs to 30-40x for premium two-wheeler names.

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Source: rupiya.io/sectors/auto
Disclaimer: For research and education only. Not investment advice.