Auto Components Industry

Samvardhana Motherson Q3 result: Profit rises 16.5% on strong auto demand

The company reported a 14 per cent rise in revenue from operations to ​31,409 crore, driven by growth in its wiring harness, electronics and diversified industrial segments

US-India trade deal offers auto exporters relief, but tariff fog remains

India's auto component exporters may see relief under the interim US-India trade framework, but industry bodies say clarity on Section 232 tariffs and quota rules is needed to gauge gains

FTA to give access to European market for Indian auto component firms: Icra

The India-EU deal is expected to reshape competitive dynamics and market access on both sides while providing better access to European markets for Indian auto and component exports, aiding the sector's long-term growth prospects, according to a report by Icra. It is expected to give a boost to premium vehicle imports, but have limited disruption to the mass market, it added. The sharp reduction in duties on EU-made vehicles (completely built units) is expected to drop from as high as 110 per cent to 10 per cent over time for a fixed quota/annum, above an import price of Euro 15,000/vehicle, the report said, adding that this will open India's car market to European original equipment manufacturers (OEMs). "Lower tariffs are expected to improve access for European brands like BMW, Mercedes, Audi, and Porsche, enabling competitive pricing and new growth opportunities in India's fast-expanding auto market," the report pointed out. It, however, said there will be a limited impact on th

US tariff cut likely to benefit Indian auto component makers more than OEMs

Brokerages and industry bodies say easing US reciprocal tariffs to 18% will materially boost competitiveness and exports of Indian auto component makers, while gains for vehicle OEMs remain limited

Indian auto components industry grew 6.8% in Apr-Sept FY26: ACMA

The Indian auto component industry grew by 6.8 per cent year-on-year to Rs 3.56 lakh crore in the April-September period of FY26, industry body ACMA said on Wednesday. The industry reported a turnover of Rs 3.33 lakh crore in April-September FY25. The growth in the six-month period was supported by stable domestic demand, a resilient aftermarket, and continued investments in capacity expansion, localisation and technology upgradation, the Automotive Component Manufacturers Association (ACMA) said in a statement. Sales to OEMs rose by 7.3 per cent to Rs 3.04 lakh crore during the period, led primarily by the passenger vehicle and LCV segments, it added. The aftermarket recorded a robust growth of 9 per cent clocking Rs 53,160 crore , driven by an expanding vehicle parc, increasing formalisation of the repair and maintenance ecosystem, and deeper penetration of organised channels, the industry body said. On the external trade front, exports of auto components grew by 9.3 per cent to

Electric vehicles transition boosts capacity buildup in auto ancillaries

Investments are increasingly driven by electric vehicles, safety systems and higher electronics content per vehicle, even as export-focused firms remain cautious amid global trade uncertainty

Why is JM Financial upbeat on Belrise Industries? Starts coverage with Buy

JM Financial has set a target price of ₹215 for Belrise Industries stock, valuing it at 25x FY28E P/E

SJS zooms 101% from March low; what's driving smallcap auto part stock?

SJS Enterprises stock rose 4% in Thursday's trade. Analysts believe SJS is set to benefit from premiumization in PVs, 2Ws and appliances with an addressable market set to double to ₹11,900 cr by FY28E

SKF India to invest up to ₹1,460 cr on automotive, industrial units by 2030

Auto components major SKF India group, which has undergone demerger of its automotive and industrial businesses, plans to invest up to Rs 1,460 crore by 2030 across the two verticals, including capacity expansion and setting up of a new plant. The company expects the demerged industrial entity, SKF India (Industrial) Ltd , to be listed by November this year, subject to necessary approvals. The demerger of the industrial business has been completed effective October 1, 2025, with the National Company Law Tribunal (NCLT), Mumbai bench sanctioning the scheme, SKF India Ltd said in a regulatory filing. Under the demerger scheme, each shareholder of SKF India Ltd will receive one fully paid equity share of SKF India (Industrial) Ltd for every share held in SKF India Ltd, which will continue as the automotive entity, thereby preserving ownership while offering direct exposure to two complementary growth stories, the company said in a statement. SKF India (Industrial) Ltd will pursue grow

Minda Corp share skyrockets 10% as Nuvama lifts target to ₹620; retains Buy

Minda Corporation's FY30 revenue target of ₹17,500 cr implies a 28 per cent compound annual growth rate (CAGR) over FY25-30E, while Ebitda is projected at ₹2,100 cr, reflecting a 30 per cent CAGR.

Lumax Auto Technologies rallies 25% in 3 weeks, hits new high; here's why

Thus far in the calendar year 2025, Lumax Auto Technologies stock has zoomed 90 per cent, as compared to 2 per cent rise in the BSE Sensex.

Endurance Technologies share rises 5% after Q1 results; key numbers here

Endurance Technologies share price rose on the back of a strong result in the June quarter of financial year 2026 (Q1FY26).

What are brokerages saying about this auto components maker post Q1 show?

SAMIL's consolidated net profit fell 48.5 per cent year-on-year (Y-o-Y) to ₹512 crore against ₹994 crore in the year-ago period, dragged by softer margins and higher costs.

Sona BLW Precision lags in Q1: Stay invested or exit? Analysts answer

Sona BLW's consolidated revenue for Q1FY26 came in at ₹850.9 crore, marking a 5 per cent year-on-year (Y-o-Y) decline.

Belrise Industries soars 13% in 2 days, hits record on Jefferies 'Buy' call

The northward move in Belrise Industries shares came after foreign brokerage Jefferies initiated coverage with a 'Buy' rating, and set a target price of ₹135, implying a potential upside of 31per cent

Auto component industry seeks national strategy on critical materials

Facing potential production losses due to a shortage of rare earth magnets, the auto component industry body ACMA on Tuesday sought a national strategy on critical materials to secure electric vehicle production in the country. Terming the rare earth shortages as a major concern, Automotive Component Manufacturers Association of India (ACMA) President Shradha Suri Marwah said that the industry is agile and has started to work on alternative solutions. "The limited availability of rare earth magnets remains a concern, underscoring the need for a national strategy on critical materials to secure the future of EV and mobility manufacturing in India," she stated. Despite various geopolitical issues and supply chain challenges, the auto components industry reported a turnover of USD 80.2 billion for FY2025, a growth of around 10 per cent as compared with FY2024, Marwah stated. The industry grew at a CAGR of 14 per cent from FY20 to FY25, nearly doubling in size over a period of past fiv

ASK Automotive hits record high on JV with TD Holding; up 18% in 7 sessions

ASK Automotive shares rose over 5 per cent after the board approved forming a joint venture with Germany's T.D. Holding GMBH

EV plans face 24-month delay as OEMs, suppliers hit R&D, execution limits

A study by Vector Consulting finds poor coordination, shared resources, and legacy systems are delaying electric vehicle launches and straining supplier networks across India

Talbros Automotive share jumps 8% on securing this deal; key details here

Talbros Automotive share price surged today after the company, along with its joint ventures, secured orders worth approximately ₹580 crore from leading OEMs for both domestic and export markets.

May 2025 auto sales preview: Nomura expects tepid volumes amid supply risks

Analysts at Nomura also flagged a looming production risk starting June, arising from China's export restrictions on rare earth magnets-used across both EV and ICE components.