Sector analysis · India
Auto sector earnings growth, Q1 FY26
The 20 largest Automobile and Auto Components companies by market cap at the end of Q1 FY26 (30 Jun 2025), compared with Q4 FY25.
The top 20 at Q1 FY26
Q1 FY26 vs Q4 FY25: combined net profit ₹23,023 cr (+7%), median EPS −2% (9 of 19 up), market-cap-weighted price +13%. 20 of 20 reported.
| # | Company | Weight | EPS ₹, base → now | EPS growth | Contribution | Price |
|---|---|---|---|---|---|---|
| 1 | M & M | 15.7% | 26.50 → 32.84 | +24% | +4.4 pp | +19% |
| 2 | Maruti Suzuki India Limited | 15.4% | 124.40 → 120.62 | −3% | −0.7 pp | +8% |
| 3 | Tata Motors Passenger Vehicles Limited | 10.0% | — → 10.66 | sources disagree | — | +2% |
| 4 | Bajaj Auto | 9.3% | 64.52 → 79.15 | +23% | +2.3 pp | +6% |
| 5 | Hyundai Motor India Limited | 7.1% | 19.87 → 16.85 | −15% | −1.4 pp | +30% |
| 6 | Eicher Motors Limited | 6.1% | 49.68 → 43.95 | −12% | −0.9 pp | +6% |
| 7 | TVS Motor Company Limited | 5.5% | 13.64 → 12.84 | −6% | −0.2 pp | +21% |
| 8 | Samvardhana Motherson International Limited | 4.3% | 1.00 → 0.48 | −52% | −3.0 pp | +18% |
| 9 | Bosch | 3.8% | 187.67 → 378.42 | +102% one-off | +3.1 pp | +15% |
| 10 | Hero Motocorp | 3.4% | 58.06 → 85.26 | +47% | +3.0 pp | +14% |
| 11 | Uno Minda | 2.5% | 4.64 → 5.06 | +9% | +0.1 pp | +26% |
| 12 | Schaeffler India Limited | 2.5% | 16.98 → 18.95 | +12% | +0.2 pp | +20% |
| 13 | Bharat Forge Limited | 2.5% | 5.90 → 5.93 | +1% | 0.0 pp | +12% |
| 14 | MRF Limited | 2.4% | 1,207.48 → 1,180.04 | −2% | −0.1 pp | +26% |
| 15 | Tube Investments of India Limited | 2.4% | 2.40 → 10.28 | +328% | +0.9 pp | +12% |
| 16 | Balkrishna Industries Limited | 1.9% | 19.06 → 14.91 | −22% | −0.4 pp | −4% |
| 17 | Endurance Technologies Limited | 1.5% | 17.43 → 16.09 | −8% | −0.1 pp | +41% |
| 18 | Exide Industries Limited | 1.3% | 2.20 → 3.21 | +46% | +0.5 pp | +8% |
| 19 | Sona BLW Precision Forgings Limited | 1.2% | 2.64 → 2.01 | −24% | −0.2 pp | +4% |
| 20 | Apollo Tyres Limited | 1.1% | 2.91 → 0.20 | −93% one-off | −1.0 pp | +5% |
| Sector earnings growth | 100% | +6.6 pp |
Who joined and who left
0 joined and 0 left the top 20 since Q4 FY25, as market caps moved.
Joined the top 20 since Q4 FY25
Left the top 20 since Q4 FY25
EPS growth by company, Q2 FY24 to Q1 FY27
Each company's EPS growth quarter on quarter, every quarter it was in the top 20.
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| M&M | −33% | +13% | +4% | +19% | −3% | 0% | +4% | +24% | −10% | +27% | 0% | +17% |
| MARUTI | +49% | −18% | +23% | −5% | −17% | +20% | +5% | −3% | −12% | +16% | −6% | −6% |
| TMPV | +18% | +87% | +148% | sources disagree | sources disagree | sources disagree | sources disagree | sources disagree | +1,841% | to loss | turned profitable | −87% |
| BAJAJ-AUTO | +23% | +1% | 0% | −3% | −29% | +58% | −18% | +23% | −4% | +29% | +33% | −12% |
| HYUNDAI | outside | outside | outside | outside | outside | −16% | +39% | −15% | +15% | −21% | +2% | −29% |
| EICHERMOT | +11% | −2% | +7% | +3% | 0% | +6% | +16% | −12% | +14% | +4% | +7% | −4% |
| TVSMOTOR | −11% | +24% | −19% | +19% | +22% | +1% | +15% | −6% | +30% | +6% | −8% | +32% |
| MOTHERSON | −66% | +165% | +155% | −27% | −15% | 0% | +20% | −52% | +63% | +24% | +46% | −31% |
| BOSCHLTD | +144% | −48% | +9% | −17% | +15% | −15% | +21% | +102% | −50% | −4% | +7% | +24% |
| HEROMOTOCO | +42% | +9% | −14% | +12% | +2% | +4% | +5% | +47% | −23% | −3% | +15% | −3% |
| UNOMINDA | +31% | −14% | +50% | −31% | +23% | −5% | +15% | +9% | +4% | −9% | +18% | −9% |
| SCHAEFFLER | −1% | −7% | +5% | +11% | −3% | +1% | +6% | +12% | +4% | +7% | −3% | +5% |
| BHARATFORG | +2% | +16% | −11% | −14% | +20% | −15% | +33% | +1% | +6% | −12% | −12% | to loss |
| MRF | 0% | −13% | −22% | +44% | −18% | −33% | +62% | −2% | +5% | +32% | +2% | −29% |
| TIINDIA | +22% | +102% | −64% | +19% | −8% | −6% | −76% | +328% | −6% | −11% | −49% | +98% |
| BALKRISIND | +5% | −12% | +59% | +1% | −29% | +30% | −18% | −22% | −5% | +40% | −22% | +51% |
| ENDURANCE | outside | −1% | outside | −3% | 0% | outside | +33% | −8% | 0% | −2% | +25% | −12% |
| EXIDEIND | outside | outside | −8% | +19% | +5% | −32% | +20% | +46% | −37% | +13% | outside | +63% |
| SONACOMS | +11% | +7% | +12% | −4% | −4% | +5% | +9% | −24% | outside | outside | +23% | −3% |
| APOLLOTYRE | +20% | +5% | −29% | −15% | −2% | +13% | −45% | −93% | +1,930% | +83% | +34% | outside |