List of Top-10 Auto Ancillary Company in India | Detailed View

Here is the List of Top-10 Auto Ancillary company in India based on market capitalization in 2020

  • Bosch Ltd
  • Motherson Sumi Systems Ltd
  • WABCO India Ltd
  • Endurance Technologies Ltd
  • Exide Industries Ltd
  • Amara Raja Batteries Ltd
  • Minda Industries Ltd
  • Timken India Ltd
  • Sundaram Clayton Ltd
  • Varroc Engineering Ltd

Top-10 Auto Ancillary company in India

#1. Bosch Ltd

Bosch Ltd is the No.1 Auto Ancillary company in India with a market cap of 38,942 Cr. in 2020

Industry Auto Ancillaries
Founded1951
ChairmanV.K. Viswanathan
MDSoumitra Bhattacharya

In India, Bosch Ltd is a leading supplier of technology and services in the areas of mobility solutions, industrial technology, consumer goods and energy, and building technology.

The company has total 18 manufacturing sites & seven development and application centers

BUSINESS SEGMENTS

  • Mobility business (Automotive)
    • Powertrain Solutions
    • Automotive Aftermarket
  • Others
    • Industrial Technology: Packaging Technology
    • Consumer Goods: Power Tools
    • Energy and Building Technology: Building Technology (Security Technology), Bosch Energy & Building Solutions & Thermo-technology

REVENUE BREAK-UP BY BUSINESS SEGMENT WISE(%)

Bosch ltd-auto ancillary company in india revenue break up

REVENUE BREAK-UP DOMESTIC & EXPORT SALE WISE(%)

Bosch ltd-auto ancillary company in india revenue break up (Export & domestic)

PRODUCTS & SERVICES

Mobility

  • Mobility solutions web portal
  • Auto parts and accessories
  • Bosch Car Service
  • Workshop world

At Home

  • Heating and hot water
  • Home appliances

Industry & Trade

  • Drive and control technology
  • Energy and Building Solutions
  • Engineering and Business Solutions
  • Power tools for professionals
  • Security solutions
  • Software solutions

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  38,942 Cr.
  • Current Price:  13,204
  • 52 weeks High / Low  17260.30 / 7850.00
  • Book Value:  3,143
  • Stock P/E: 51.24
  • Dividend Yield: 0.80 %
  • ROCE: 24.63 %
  • ROE: 16.72 %
  • Sales Growth (3Yrs): 8.11 %

BONUS SHARE ISSUE HISTORY

Bonus History (Bosch)

DateBonus Ratio
03-09-19861:1
03-09-19821:2
03-09-19761:2
03-09-19731:1

BOSCH LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales6,6569,8654.01%
Profit859650-2.75%
Share Price479313,20410.66%

#2. Motherson Sumi Systems Ltd

Motherson Sumi Systems Ltd is the second largest auto ancillary company in India with a market cap of 29,653 Cr. in 2020

IndustryAuto Ancillaries
Founded1 January 1986
FounderMr. Vivek Chaand Sehgal

Motherson Sumi Systems Limited (MSSL) is the flagship company of the Motherson Group. It was established in 1986 and has been listed at the Indian stock exchange since 1993.

It is one of the world’s largest manufacturers of components for the automotive and transport industries

The company has a strong and growing presence in wiring harnesses, rearview mirrors, cockpits, bumpers, interior trim as well as a broad range of other polymers, elastomer, and metal-based parts and systems

It supports its customers through its over 270 facilities operating in 41 countries across North America, South America, Europe, South Africa, Middle East, Asia Pacific and Australia.

BUSINESS SEGMENTS (STANDALONE)

  • Wiring Harness
  • Modules and Polymer Components
  • Rubber/Metal machined & other products

REVENUE BREAK-UP BY BUSINESS SEGMENTS

Motherson Sumi Systems Limited-ancillary company in india revenue break up

BUSINESS SEGMENTS (CONSOLIDATED)

  • MSSL Standalone.
  • SMR
  • SMP
  • PKC
  • Others
Motherson sumi system ltd ancillary company in india revenue break up

SALES BREAK-UP WITHIN INDIA AND OUTSIDE INDIA

Motherson Sumi Systems Limited-SALES BREAK-UP WITHIN INDIA AND OUTSIDE INDIA

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  29,653 Cr.
  • Current Price:  93.90
  • 52 weeks High / Low  151.00 / 48.50
  • Book Value:  35.66
  • Stock P/E: 25.34
  • Dividend Yield: 1.60 %
  • ROCE: 16.91 %
  • ROE: 15.42 %
  • Sales Growth (3Yrs): 19.51 %

BONUS SHARE ISSUE HISTORY

Bonus History (Motherson Sumi Systems)

DateBonus Ratio
07-09-20181:2
19-05-20171:2
10-06-20151:2
01-11-20131:2
09-08-20121:2
26-05-20071:2
07-01-20051:2
21-07-20001:2
27-11-19971:2

MOTHERSON SUMI SYSTEM LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales6,69763,53725.23%
Profit2431,17017.02%
Share Price17.4593.9018.33%

#3. WABCO India Ltd

WABCO India Ltd is the 3rd largest auto ancillary company in India with a market cap of 13,152 Cr. in 2020

IndustryAuto Ancillaries
Founded1962
ChairmanM Lakshminarayan
MDP Kaniappan

WABCO India is a leading supplier of technologies and services that improve the safety, efficiency, and connectivity of commercial vehicles in India.

It is one of the leading innovators in bringing industry-leading solutions to the commercial vehicle industry in India and around the world.

The company is a world-class manufacturer and local market leader in advanced braking systems, conventional braking products, and related air assisted technologies and systems.

It has 5 manufacturing plants located across country

  • Chennai (Tamil Nadu)
  • Mahindra World City (Tamil Nadu)
  • Jamshedpur (Jharkhand)
  • Pant Nagar (Uttarakhand)
  • Lucknow ( Uttar Pradesh)

BUSINESS SEGMENTS

Main segment for the company is Auto components include

  • Air assist and full air actutation system for automotive and non-automotive applications and elements thereof
  • Spares

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  13,152 Cr.
  • Current Price:  6,936
  • 52 weeks High / Low  6980.00 / 5011.00
  • Book Value:  998.83
  • Stock P/E: 82.81
  • Dividend Yield: 0.14 %
  • ROCE: 23.05 %
  • ROE: 15.83 %
  • Sales Growth (3Yrs): 15.92 %

WABCO INDIA LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales5911,93012.56%
Profit781597.38%
Share Price700.48693625.77%

#4. Endurance Technologies Ltd

Endurance Technologies Ltd is the 4th largest auto ancillary company in India with a market cap of 13,103 Cr. in 2020

IndustryAuto Ancillaries
Founded1985
MDAnurang Jain

Established in 1985 in Aurangabad, Maharashtra, Endurance Technologies Ltd is a large-scale, multi-product and advanced auto component manufacturer, driven by new products and technology.

It is a No.1 Aluminium Die Casting Company in India

  • A dominant value player in India’s 2-wheeler and 3-wheeler auto component industry
  • A supplier of aluminum die castings and proprietary products for major 2-wheeler and 3-wheeler manufacturers
  • A Tier-1 supplier to major 4-wheeler OEMs in India and Europe
  • The largest aluminum die-casting company in India in terms of capacity and output

25 Manufacturing Plants Globally (16 in India, 6 in Italy, 3 in Germany)

BUSINESS SEGMENTS

The Company is in the business of manufacture and sale of automobile components includes

  • Shock absorbers
  • Disc brake assembly (including rotary disc)
  • Aluminum die casting parts
  • Alloy wheels
  • Clutch and clutch parts
  • Others

REVENUE BY VEHICLE TYPE(%)

Endurance technologies ltd-auto ancillary company in india revenue break up (Vehicle type)

REVENUE BY GEOGRAPHY(%)

Endurance technologies ltd-auto ancillary company in india revenue break up (geography)

PRODUCT PORTFOLIO

India Business (2-wheelers and 3-wheelers)

  • Aluminium Die Casting, including alloy wheels, and machining
  • Suspensions
  • Transmissions
  • Braking Systems
  • Aftermarket Sales

Overseas Business (4-wheelers)

  • Aluminium Die Castings and machining of:
    • Suspension and body parts
    • Engine parts
    • Transmission parts
  • Assembly of other metallic components like cast iron and steel

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  13,103 Cr.
  • Current Price:  931.50
  • 52 weeks High / Low  1204.95 / 562.00
  • Book Value:  213.71
  • Stock P/E: 23.17
  • Dividend Yield: 0.59 %
  • ROCE: 24.55 %
  • ROE: 21.25 %
  • Sales Growth (3Yrs): 12.83 %

#5. Exide Industries Ltd

 Exide Industries Ltd is the 5th largest auto ancillary company in India with a market cap of 13,098 Cr. in 2020

IndustryAuto Ancillaries
Founded1947
ChairmanMr. Bharat D. Shah
MDMr. Gautam Chatterjee

Exide Industries Limited (EIL), incorporated in 1947, is a leading battery manufacturer in India.

It is the market leader in the domestic automobile battery industry both in the OEM as well as in the replacement battery space.

Presence : 50+ countries

Production Capacity ;

  • 45.45 million units of automotive & MC battery
  • 4,782 million Ah of industrial power

Distribution network : 48,000+ direct and indirect dealers

Manufacturing Facilities : Total 9

BUSINESS SEGMENTS

The company’s operate in “storage batteries and allied products” include

  • Automotive
  • Submarine
  • Industrial

99% of the revenue come from this segments only

SHARE OF GEOGRAPHIES IN REVENUE (%)

Excide industries ltd-revenue break up(%)

CURRENT YEAR FINANCIAL PERFORMANCE

  • Market Cap:  13,073 Cr.
  • Current Price:  153.80
  • 52 weeks High / Low  208.80 / 121.90
  • Book Value:  76.09
  • Stock P/E: 16.54
  • Dividend Yield: 2.67 %
  • ROCE: 21.53 %
  • ROE: 13.39 %
  • Sales Growth (3Yrs): 15.81 %

BONUS SHARE ISSUE HISTORY

Bonus History (Exide Industries)

DateBonus Ratio
25-04-20031:1
23-06-19873:5
23-06-19833:5
23-06-19801:4
23-06-19773:8
23-06-19748:9
23-06-19681:5
23-06-19651:5

EXCIDE INDUSTRIES LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales3,94514,47113.88%
Profit4947774.63%
Share Price109.85153.803.42%

#6. Amara Raja Batteries Ltd

Amara Raja Batteries Ltd is the 6th largest auto ancillary company in India with a market cap of 11,590 Cr. in 2020

IndustryAuto Ancillaries
Founded1985
ChairmanDr. Ramachandra N Galla
MDMr. Jayadev Galla

Amara Raja Batteries Limited is the technology leader and one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry.

It is the largest player in the domestic storage battery segment after Exide Industries Ltd 

BUSINESS

The Automotive Battery Division :

The Company is a leading manufacturer of automotive batteries and home UPS/ Inverter batteries under the brands Amaron and PowerZoneTM, which are distributed through a pan-India sales & service retail network.

It supplies automotive batteries under OE relationships to Ford India, Honda, Hyundai, Mahindra & Mahindra, Maruti Suzuki, Ashok Leyland, Tata Motors, Honda Motorcycles & Scooters India Private Ltd, Royal Enfield

The Industrial Battery Division

Amara Raja is the preferred supplier to major telecom service providers, telecom equipment manufacturers, the UPS sector (OEM & Replacement), Indian Railways, and to the Power, Oil & Gas, Motive among other industry segments.

It’s Industrial Battery Division comprises of brands such as PowerStack, Amaron Volt, Amaron Sleek, Amaron Brute, Amaron Solar and Amaron Quanta.

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  11,590 Cr.
  • Current Price:  678.50
  • 52 weeks High / Low  814.00 / 348.55
  • Book Value:  214.01
  • Stock P/E: 17.88
  • Dividend Yield: 1.62 %
  • ROCE: 23.55 %
  • ROE: 18.55 %
  • Sales Growth (3Yrs): 8.75 %

BONUS SHARE ISSUE HISTORY

Bonus History (Amara Raja Batteries)

DateBonus Ratio
24-06-20081:2

AMARA RAJA BATTERIES LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales1,4646,83916.67%
Profit16766114.75%
Share Price77.41678.5024.24%

#7. Minda Industries Ltd

Minda Industries Ltd is the 7th largest auto ancillary company in India with a market cap of 7,343 Cr. in 2020

IndustryAuto Ancillaries
Founded1958
Chairman & MDNirmal K Minda

 

Minda Industries Ltd, the flagship company of the N.K. Minda Group is one of the most diversified auto component manufacturers in India.

BUSINESS SEGMENTS

Switching Systems :

  • India’s largest Switch Player diversified across the 2Wheeler (2W) and 4Wheeler (4W) segments.
  • 11 Manufacturing units
  • 55% Market share in India Minda Rika (4W)

Lighting Division :

  • India’s 3rd largest Automotive Lighting Player, post-acquisition of Rinder Group
  • 8 Manufacturing units

Acoustic Systems :

  • No. 1 in Horns in India and 2nd largest Horns Player globally (post-acquisition of Clarton Horns)
  • 6 Manufacturing units
  • 50% Market share in India

Light Metal Technology :

  • 45% Market share( Market leader of Alloy wheels in the PV segment)
  • 5 Manufacturing units

Others :

  • 5 Manufacturing units
  • 7 Major categories

REVENUE BREAK-UP (%)

Minda industries ltd revenue break up

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  7,343 Cr.
  • Current Price:  280.05
  • 52 weeks High / Low  425.90 / 206.25
  • Book Value:  69.24
  • Stock P/E: 45.56
  • Dividend Yield: 0.14 %
  • ROCE: 21.57 %
  • ROE: 18.27 %
  • Sales Growth (3Yrs): 32.72 %

BONUS SHARE ISSUE HISTORY

Bonus History (Minda Industries)

DateBonus Ratio
22-05-20182:1

MINDA INDUSTRIES LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales6205,46524.31%
Profit2315521.02%
Share Price20280.0530.02%

#8. Timken India Ltd

Timken India Ltd is the 8th largest auto ancillary company in India with a market cap of  7,316 Cr. in 2020

IndustryAuto Ancillary
Founded1987
Chairman & MDMr. Sanjay Koul

Timken India Limited (TIL) was incorporated in 1987 as Tata Timken Limited (TTL), a joint venture between Tata Iron and Steel Company (TISCO) and The Timken Company, a world leader in bearings.

It is one of the leading players in the Indian anti-friction bearings, mechanical power transmission products, and services sector.

MANUFACTURING FACILITY

The company has a state-of-the-art tapered roller bearing manufacturing plants in Jamshedpur and Bharuch.

Bharuch also has a manufacturing footprint for Cylindrical Roller Bearings, Spherical Roller Bearings, and Slewing Bearings.

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  7,316 Cr.
  • Current Price:  972.60
  • 52 weeks High / Low  1101.00 / 625.25
  • Book Value:  209.61
  • Stock P/E: 29.73
  • Dividend Yield: 5.14 %
  • ROCE: 20.85 %
  • ROE: 16.87 %
  • Sales Growth (3Yrs): 15.29 %

TIMKEN INDIA LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales4621,61813.35%
Profit5124617.04%
Share Price106.44972.6024.76%

#9. Sundaram Clayton Ltd

Sundaram Clayton Ltd is the 9th largest auto ancillary company in India with a market cap of 3,232 Cr. in 2020

IndustryAuto Ancillary
Founded1962
Chairman & MDVenu Srinivasan

Sundaram Clayton Ltd was incorporated in Chennai in 1962 and is part of the TVS group.

The company is a leading manufacturer of aluminium die-casting components.

It supplies to major automotive OEMs including TVS Motor, the Cummins group, the Volvo group, Hyundai Motor India Ltd , Ford Motors, the Daimler group, and to component suppliers such as Wabco India Ltd and the Visteon group.

PRODUCTS

SCL manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars, and two-wheelers.

The product range includes flywheel housing, gear housing, clutch housing, filter heads, air connectors, lube oil cooler cover assembly, filtration module casting, turbocharger, compressor cover assembly, charge air pipe, intake manifold, cover coolant duct for the truck segment.

Cylinder head, case transaxle assembly, oil pan, chaincase, cylinder head cover, adaptor oil filter, fuel pump housing, fork gear shift, starter housing, A/C compressor housing for passenger cars.

Crankcase, cylinder head, cylinder barrel, wheel hub for powered two-wheelers, and brake equipment valve bodies.

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  3,232 Cr.
  • Current Price:  1,598
  • 52 weeks High / Low  2348.80 / 970.50
  • Book Value:  1,218
  • Stock P/E: 8.56
  • Dividend Yield: 1.94 %
  • ROCE: 13.47 %
  • ROE: 15.30 %
  • Sales Growth (3Yrs): 13.73 %

BONUS SHARE ISSUE HISTORY

Bonus History (Sundaram-Clayton)

DateBonus Ratio
26-08-20091:1
04-10-19961:1
05-01-19882:3

SUNDARAM CLAYTON LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales5,17619,85914.39%
Profit-44337
Share Price171.94159824.97%

#10. Varroc Engineering Ltd

Varroc Engineering Ltd is the 10th largest Auto Ancillary company in India with a market cap of  2,677 Cr. in 2020

IndustryAuto Ancillary
Founded1990
ChairmanNaresh Chandra

Varroc Engineering Ltd is the flagship company of the Aurangabad-based Varroc Group.

It is a global tier-1 automotive component group incorporated in 1988.

Its journey began with polymer business in 1990.

Today, the business covers the design, manufacture, and supply of

  • Exterior lighting systems
  • Polymer components
  • Electrical-electronic components
  • Precision metallic components

to passenger car, commercial vehicle, two-wheeler (2W), three-wheeler (3W), and off-highway vehicle (‘OHV’) OEMs worldwide.

BUSINESS SEGMENTS

1.Global Lighting Business :

The company is the world’s 6th largest tier-1 automotive exterior lighting manufacturer and among the top three independent exterior lighting players.

  • Manufacturing facilities: 14
  • Customer segment: 4W, 2W

2. India Business :

A. Electrical – Electronics Business Unit

  • Manufacturing facilities: 8
  • Customer segment : 2W, 3W

B. Polymer Business Unit

  • Manufacturing facilities : 13
  • Customer segment : 2W, 3W, 4W

C. Metallic Business Unit

  • Manufacturing facilities: 4
  • Customer segment : 2W, 3W, 4W

D.) Other India business

3. Others

REVENUE BREAK-UP(%)

Varroc engineering ltd revenue break-up

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  2,677 Cr.
  • Current Price:  198.60
  • 52 weeks High / Low  526.60 / 119.20
  • Book Value:  222.87
  • Stock P/E:
  • Dividend Yield: 1.51 %
  • ROCE: 2.85 %
  • ROE: -0.03 %
  • Sales Growth (3Yrs): 6.15 %

All Financial data taken from www.screener.com

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