Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Auto Ancillaries - Engine Parts Stocks in India

Auto Ancillaries - Engine Parts: Sundram Fasteners Ltd owns the largest revenue base; India Nippon Electricals Ltd has the fastest current growth.

Nifty Auto Ancillaries - Engine Parts Index — Constituents & Performance

The Auto Ancillaries - Engine Parts companies below are the listed Indian Auto Ancillaries - Engine Parts universe this page tracks — the same constituent set people search for as the Nifty Auto Ancillaries - Engine Parts index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Auto Ancillaries - Engine Parts moved against NIFTY 500?

The line below covers 5.1 years. Over the most recent two of them this sector is 45% ahead of NIFTY 500. Earnings across its companies grew 20% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 17 weeks running.

LEADER · ahead 17w✓Price and the fundamentals both up4 of 5 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑17w · 4/5 >200d (+0) · 4/5 lead (−1) · EPS 5/5↑

2005001000202620252024202320222021 988335 TRAILING 12-MONTH EPS · 100 AT THE START0100257Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 4 reportingSep 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 4 reportingDec 2022 · trailing 12-month earnings per share at 120, against 100 at the start · no comparable year yet · 4 reportingMar 2023 · trailing 12-month earnings per share at 130, against 100 at the start · no comparable year yet · 4 reportingJun 2023 · trailing 12-month earnings per share at 144, against 100 at the start · up 43.7% on a year ago · 4 reportingSep 2023 · trailing 12-month earnings per share at 155, against 100 at the start · up 43.9% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 145, against 100 at the start · up 10.7% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 155, against 100 at the start · up 19.1% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 164, against 100 at the start · up 18.5% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 193, against 100 at the start · up 21.7% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 184, against 100 at the start · up 18.2% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 216, against 100 at the start · up 38.8% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 226, against 100 at the start · up 25.4% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 232, against 100 at the start · up 15.6% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 242, against 100 at the start · up 14.4% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 257, against 100 at the start · up 23.0% on a year ago · 4 reportingNot reported yet — earnings trail price by a quarter or two257 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
2005001000202620252024202320222021 988335 TRAILING 12-MONTH EPS · 100 AT THE START0100257Mar 23Mar 24Mar 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 4 reportingSep 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 4 reportingDec 2022 · trailing 12-month earnings per share at 120, against 100 at the start · no comparable year yet · 4 reportingMar 2023 · trailing 12-month earnings per share at 130, against 100 at the start · no comparable year yet · 4 reportingJun 2023 · trailing 12-month earnings per share at 144, against 100 at the start · up 43.7% on a year ago · 4 reportingSep 2023 · trailing 12-month earnings per share at 155, against 100 at the start · up 43.9% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 145, against 100 at the start · up 10.7% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 155, against 100 at the start · up 19.1% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 164, against 100 at the start · up 18.5% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 193, against 100 at the start · up 21.7% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 184, against 100 at the start · up 18.2% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 216, against 100 at the start · up 38.8% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 226, against 100 at the start · up 25.4% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 232, against 100 at the start · up 15.6% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 242, against 100 at the start · up 14.4% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 257, against 100 at the start · up 23.0% on a year ago · 4 reportingNot reported yet — earnings trail price by a quarter or two257No earnings on file this far back — the price series reaches further than the filings do
Auto Ancillaries - Engine Parts, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy Broad but lateHow much of the sector is participating, how recently, and whether the movers score well.
Together4 of 5 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score −0 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large 1/10
Mid 1/2−1
Small 2/20

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 5 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Auto Ancillaries - Engine Parts outperforming NIFTY 500?

The 52-week comparison of Auto Ancillaries - Engine Parts against NIFTY 500 is not available from the current market series. 4 of 5 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Triton Valves Ltd is the strongest against the sector itself at +10.1%. Readings are as of 2026-07-19.

—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
4/5Stocks leading NIFTY 500
2/5Stocks leading sector

Sector metric: 27.5 as of 2026-07-19 · NARROWING · rising.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 4 of 5 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Sundram Fasteners Ltd leads with revenue of ₹6,288 crore, based on 5 of 5 comparable companies through Mar 2026. India Nippon Electricals Ltd has the fastest current revenue growth at 26.4%, across 5 of 5 comparable companies.

Is the Auto Ancillaries - Engine Parts sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 4 of 5 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Auto Ancillaries - Engine Parts company is largest by revenue?

Sundram Fasteners Ltd leads with revenue of ₹6,288 crore, based on 5 of 5 comparable companies through Mar 2026.

Which Auto Ancillaries - Engine Parts company is growing fastest?

India Nippon Electricals Ltd has the fastest current revenue growth at 26.4%, across 5 of 5 comparable companies.

Which Auto Ancillaries - Engine Parts company has the strongest 4-Factor Sector Score?

India Nippon Electricals Ltd ranks first at 66.3/100 with 94% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Auto Ancillaries - Engine Parts company has the least gross debt?

India Nippon Electricals Ltd has the lowest comparable gross debt at ₹2 crore. SPR Auto Technologies Ltd has the highest at ₹1,968 crore.

Which Auto Ancillaries - Engine Parts company has the lowest comparable PEG?

Banco Products (India) Ltd has the lowest comparable Guarded PEG at 0.28, among 4 of 5 companies that pass the metric’s comparability rules.

How much history does this Auto Ancillaries - Engine Parts comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
5
complete canonical membership
Combined market value
₹50.0K Cr
Sundram Fasteners Ltd
Revenue growing
5/5
positive TTM year-on-year growth
Beating NIFTY 500
4/5
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
India Nippon Electricals Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 94% evidence confidence.
Banco Products (India) Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. India Nippon Electricals Ltd · INDNIPPON

66.3/100 · Favorable setup · 94% evidence

Exact sum: 27.2 + 14.3 + 13.9 + 10.9 = 66.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

27.2/35Growth & earnings

Revenue 26.4% · PAT 35.4% · OPM change 0 pp

100% evidence

14.3/25Capital efficiency

ROCE 17% · debt/equity 0×

100% evidence

13.9/20Valuation

P/E 29.7× · PEG 0.42

100% evidence

10.9/20Relative strength

RS sector -8.1% · RS bench 40.1% · 1Y 55.9%

70% evidence

2. Triton Valves Ltd · 505978

59.9/100 · Mixed-positive evidence · 76% evidence

Exact sum: 27.1 + 5.1 + 8.5 + 19.2 = 59.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

27.1/35Growth & earnings

Revenue 18.4% · PAT 89.8% · OPM change 1.6 pp

95% evidence

5.1/25Capital efficiency

ROCE 11.4% · debt/equity 1.03×

80% evidence

8.5/20Valuation

P/E 48.2× · PEG —

15% evidence

19.2/20Relative strength

RS sector 10.1% · RS bench 36% · 1Y 69.3%

100% evidence

3. Banco Products (India) Ltd · BANCOINDIA

54.3/100 · Mixed-positive evidence · 94% evidence

Exact sum: 14.4 + 21.1 + 13.5 + 5.3 = 54.3

Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.

14.4/35Growth & earnings

Revenue 21.3% · PAT 22.6% · OPM change -4 pp

100% evidence

21.1/25Capital efficiency

ROCE 30.9% · debt/equity 0.36×

100% evidence

13.5/20Valuation

P/E 18.7× · PEG 0.28

100% evidence

5.3/20Relative strength

RS sector -11.6% · RS bench -0.4% · 1Y -0.1%

70% evidence

4. SPR Auto Technologies Ltd · SHRIPISTON

45.2/100 · Mixed-negative evidence · 100% evidence

Exact sum: 10.2 + 15.1 + 9 + 10.9 = 45.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

10.2/35Growth & earnings

Revenue 25.6% · PAT 8.9% · OPM change -3 pp

100% evidence

15.1/25Capital efficiency

ROCE 20.8% · debt/equity 0.68×

100% evidence

9.0/20Valuation

P/E 32.4× · PEG 1.4

100% evidence

10.9/20Relative strength

RS sector 9.4% · RS bench 35.4% · 1Y 70.4%

100% evidence

5. Sundram Fasteners Ltd · SUNDRMFAST

41.1/100 · Mixed-negative evidence · 94% evidence

Exact sum: 13.2 + 17.1 + 5.4 + 5.4 = 41.1

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

13.2/35Growth & earnings

Revenue 5.6% · PAT 9.4% · OPM change 0 pp

100% evidence

17.1/25Capital efficiency

ROCE 17.6% · debt/equity 0.15×

100% evidence

5.4/20Valuation

P/E 32.8× · PEG 5.37

100% evidence

5.4/20Relative strength

RS sector -20.1% · RS bench 4.1% · 1Y -5.1%

70% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Sundram Fasteners Ltd has the highest Revenue among the 5 Auto Ancillaries - Engine Parts companies compared here, at ₹6,288 crore. SPR Auto Technologies Ltd is next at ₹4,458 crore. India Nippon Electricals Ltd has the highest Revenue growth at 26.4%, so level and change sit with different companies. Its Revenue series carries 20 reported observations across the 20-quarter window.

What the numbers say: Sundram Fasteners Ltd is the scale leader at ₹6,288 crore, 41% ahead of SPR Auto Technologies Ltd. India Nippon Electricals Ltd's growth is 26.4% from a ₹1,069 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderSundram Fasteners Ltd · ₹6,288 crore
Gap41% versus #2 · SPR Auto Technologies Ltd
Persistence8/8 recent comparable periods
Coverage5/5 companies · 94 observations

Investor read: Sundram Fasteners Ltd is the scale benchmark; India Nippon Electricals Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Sundram Fasteners Ltd's growth falls below India Nippon Electricals Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Sundram Fasteners Ltd SUNDRMFAST₹6.3K Cr
2SPR Auto Technologies Ltd SHRIPISTON₹4.5K Cr
3Banco Products (India) Ltd BANCOINDIA₹3.9K Cr
4India Nippon Electricals Ltd INDNIPPON₹1.1K Cr
5Triton Valves Ltd 505978₹578 Cr
Revenue growthfastest growers
1India Nippon Electricals Ltd INDNIPPON26%
2SPR Auto Technologies Ltd SHRIPISTON26%
3Banco Products (India) Ltd BANCOINDIA21%
4Triton Valves Ltd 50597818%
5Sundram Fasteners Ltd SUNDRMFAST5.6%
Revenue · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Sundram Fasteners Ltd SUNDRMFAST₹1.7K Cr11%Mar 2026
SPR Auto Technologies Ltd SHRIPISTON₹1.5K Cr47%Mar 2026
Banco Products (India) Ltd BANCOINDIA₹1.1K Cr26%Mar 2026
India Nippon Electricals Ltd INDNIPPON₹299 Cr28%Mar 2026
Triton Valves Ltd 505978₹159 Cr12%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

₹501 Cr
₹549 Cr
₹404 Cr
₹504 Cr
₹586 Cr
₹628 Cr
₹509 Cr
₹609 Cr
₹749 Cr
₹725 Cr
₹571 Cr
₹724 Cr
₹804 Cr
₹895 Cr
₹639 Cr
₹875 Cr
₹970 Cr
₹1.0K Cr
₹789 Cr
₹1.1K Cr

India Nippon Electricals Ltd · INDNIPPON

₹110 Cr
₹159 Cr
₹148 Cr
₹149 Cr
₹156 Cr
₹186 Cr
₹156 Cr
₹158 Cr
₹160 Cr
₹190 Cr
₹179 Cr
₹196 Cr
₹187 Cr
₹210 Cr
₹215 Cr
₹234 Cr
₹225 Cr
₹273 Cr
₹272 Cr
₹299 Cr

SPR Auto Technologies Ltd · SHRIPISTON

₹434 Cr
₹533 Cr
₹511 Cr
₹587 Cr
₹620 Cr
₹652 Cr
₹636 Cr
₹701 Cr
₹716 Cr
₹752 Cr
₹766 Cr
₹856 Cr
₹837 Cr
₹876 Cr
₹848 Cr
₹988 Cr
₹963 Cr
₹1.0K Cr
₹1.0K Cr
₹1.5K Cr

Sundram Fasteners Ltd · SUNDRMFAST

₹1.1K Cr
₹1.2K Cr
₹1.2K Cr
₹1.3K Cr
₹1.4K Cr
₹1.4K Cr
₹1.4K Cr
₹1.4K Cr
₹1.4K Cr
₹1.4K Cr
₹1.4K Cr
₹1.5K Cr
₹1.5K Cr
₹1.5K Cr
₹1.4K Cr
₹1.5K Cr
₹1.5K Cr
₹1.5K Cr
₹1.5K Cr
₹1.7K Cr

Triton Valves Ltd · 505978

—
—
—
—
—
—
₹89 Cr
₹97 Cr
₹106 Cr
₹102 Cr
₹115 Cr
₹105 Cr
₹106 Cr
₹118 Cr
₹122 Cr
₹142 Cr
₹135 Cr
₹132 Cr
₹153 Cr
₹159 Cr

Revenue growth · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

—
—
—
—
17%
14%
26%
21%
28%
15%
12%
19%
7.3%
23%
12%
21%
21%
16%
23%
26%

India Nippon Electricals Ltd · INDNIPPON

—
—
—
—
42%
17%
5.4%
6.0%
2.6%
2.2%
15%
24%
17%
11%
20%
19%
20%
30%
27%
28%

SPR Auto Technologies Ltd · SHRIPISTON

—
—
—
—
43%
22%
24%
19%
15%
15%
20%
22%
17%
16%
11%
15%
15%
16%
21%
47%

Sundram Fasteners Ltd · SUNDRMFAST

—
—
—
—
27%
13%
16%
8.1%
0.1%
1.4%
-2.6%
1.2%
6.2%
4.5%
5.4%
4.4%
2.3%
2.4%
6.9%
11%

Triton Valves Ltd · 505978

—
—
—
—
—
—
—
—
—
—
28%
8.7%
-0.2%
16%
6.0%
36%
27%
11%
26%
12%
02 · compare level, then change

Operating Economics & Margin Trend

Banco Products (India) Ltd has the highest OPM among the 5 Auto Ancillaries - Engine Parts companies compared here, at 20%. SPR Auto Technologies Ltd is next at 18%. Triton Valves Ltd has the highest Margin change at +1.6 percentage points, so level and change sit with different companies. Its OPM series carries 20 reported observations across the 20-quarter window.

What the numbers say: Banco Products (India) Ltd leads opm at 20%; Triton Valves Ltd leads margin change at +1.6 percentage points.

LeaderBanco Products (India) Ltd · 20%
Gap11.1% versus #2 · SPR Auto Technologies Ltd
Persistence5/8 recent comparable periods
Coverage5/5 companies · 100 observations

Investor read: Banco Products (India) Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Banco Products (India) Ltd BANCOINDIA20%
2SPR Auto Technologies Ltd SHRIPISTON18%
3Sundram Fasteners Ltd SUNDRMFAST15%
4India Nippon Electricals Ltd INDNIPPON12%
5Triton Valves Ltd 5059787.2%
Margin changefastest expanders
1Triton Valves Ltd 505978+1.6 pp
2India Nippon Electricals Ltd INDNIPPON0.0 pp
3Sundram Fasteners Ltd SUNDRMFAST0.0 pp
4SPR Auto Technologies Ltd SHRIPISTON−3.0 pp
5Banco Products (India) Ltd BANCOINDIA−4.0 pp
Operating margin · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Banco Products (India) Ltd BANCOINDIA20%−4.0 ppMar 2026
SPR Auto Technologies Ltd SHRIPISTON18%−3.0 ppMar 2026
Sundram Fasteners Ltd SUNDRMFAST15%0.0 ppMar 2026
India Nippon Electricals Ltd INDNIPPON12%0.0 ppMar 2026
Triton Valves Ltd 5059787.2%+1.6 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

14%
15%
9.9%
16%
11%
9.4%
28%
16%
13%
17%
16%
16%
17%
23%
9.0%
24%
19%
14%
16%
20%

India Nippon Electricals Ltd · INDNIPPON

3.3%
13%
8.7%
8.1%
6.1%
10%
8.0%
9.0%
6.0%
10%
8.0%
11%
9.0%
11%
12%
12%
10%
11%
11%
12%

SPR Auto Technologies Ltd · SHRIPISTON

14%
16%
14%
14%
15%
18%
18%
19%
20%
21%
21%
21%
20%
20%
20%
21%
20%
20%
20%
18%

Sundram Fasteners Ltd · SUNDRMFAST

18%
18%
16%
14%
16%
15%
14%
16%
16%
16%
15%
16%
16%
16%
16%
15%
16%
17%
16%
15%

Triton Valves Ltd · 505978

7.1%
0.8%
7.2%
7.9%
6.9%
3.6%
0.8%
4.5%
6.9%
7.6%
6.4%
7.9%
6.6%
7.3%
6.1%
5.7%
6.3%
6.8%
7.4%
7.2%

Margin change · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

+4.3 pp
−1.2 pp
−4.6 pp
+9.8 pp
−2.9 pp
−5.3 pp
+18.1 pp
+0.3 pp
+1.6 pp
+7.6 pp
−12.0 pp
0.0 pp
+4.0 pp
+6.0 pp
−7.0 pp
+8.0 pp
+2.0 pp
−9.0 pp
+7.0 pp
−4.0 pp

India Nippon Electricals Ltd · INDNIPPON

+42.3 pp
−1.2 pp
−5.6 pp
−2.7 pp
+2.8 pp
−3.0 pp
−0.7 pp
+0.9 pp
−0.1 pp
−0.2 pp
0.0 pp
+2.0 pp
+3.0 pp
+1.0 pp
+4.0 pp
+1.0 pp
+1.0 pp
0.0 pp
−1.0 pp
0.0 pp

SPR Auto Technologies Ltd · SHRIPISTON

+41.6 pp
+0.2 pp
−5.4 pp
−3.0 pp
+1.1 pp
+1.4 pp
+3.7 pp
+4.6 pp
+4.9 pp
+3.4 pp
+3.0 pp
+2.0 pp
0.0 pp
−1.0 pp
−1.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
−3.0 pp

Sundram Fasteners Ltd · SUNDRMFAST

+14.0 pp
−2.5 pp
−5.0 pp
−4.3 pp
−2.0 pp
−3.0 pp
−1.8 pp
+1.7 pp
+0.0 pp
+1.4 pp
+1.0 pp
0.0 pp
0.0 pp
0.0 pp
+1.0 pp
−1.0 pp
0.0 pp
+1.0 pp
0.0 pp
0.0 pp

Triton Valves Ltd · 505978

+5.7 pp
−12.4 pp
−3.1 pp
−2.6 pp
−0.2 pp
+2.8 pp
−6.5 pp
−3.5 pp
+0.0 pp
+4.0 pp
+5.6 pp
+3.4 pp
−0.3 pp
−0.3 pp
−0.3 pp
−2.3 pp
−0.3 pp
−0.5 pp
+1.3 pp
+1.6 pp
03 · compare level, then change

Profit Scale & Acceleration

Sundram Fasteners Ltd has the highest Net profit among the 5 Auto Ancillaries - Engine Parts companies compared here, at ₹593 crore. SPR Auto Technologies Ltd is next at ₹562 crore. Triton Valves Ltd has the highest Profit growth at 89.8%, so level and change sit with different companies.

What the numbers say: Sundram Fasteners Ltd leads with ₹593 crore of TTM profit, 5.5% above SPR Auto Technologies Ltd. Triton Valves Ltd shows 89.8% growth from a ₹10 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderSundram Fasteners Ltd · ₹593 crore
Gap5.5% versus #2 · SPR Auto Technologies Ltd
Persistence6/8 recent comparable periods
Coverage5/5 companies · 94 observations

Investor read: Sundram Fasteners Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Sundram Fasteners Ltd SUNDRMFAST₹593 Cr
2SPR Auto Technologies Ltd SHRIPISTON₹562 Cr
3Banco Products (India) Ltd BANCOINDIA₹482 Cr
4India Nippon Electricals Ltd INDNIPPON₹111 Cr
5Triton Valves Ltd 505978₹10 Cr
Profit growthfastest growers
1Triton Valves Ltd 50597890%
2India Nippon Electricals Ltd INDNIPPON35%
3Banco Products (India) Ltd BANCOINDIA23%
4Sundram Fasteners Ltd SUNDRMFAST9.4%
5SPR Auto Technologies Ltd SHRIPISTON8.9%
Net profit · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Sundram Fasteners Ltd SUNDRMFAST₹161 Cr30%Mar 2026
SPR Auto Technologies Ltd SHRIPISTON₹159 Cr4.6%Mar 2026
Banco Products (India) Ltd BANCOINDIA₹147 Cr-4.6%Mar 2026
India Nippon Electricals Ltd INDNIPPON₹40 Cr48%Mar 2026
Triton Valves Ltd 505978₹4 Cr635%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

₹46 Cr
₹49 Cr
₹17 Cr
₹40 Cr
₹35 Cr
₹52 Cr
₹98 Cr
₹51 Cr
₹69 Cr
₹66 Cr
₹68 Cr
₹68 Cr
₹69 Cr
₹139 Cr
₹31 Cr
₹154 Cr
₹110 Cr
₹139 Cr
₹86 Cr
₹147 Cr

India Nippon Electricals Ltd · INDNIPPON

₹3 Cr
₹18 Cr
₹10 Cr
₹19 Cr
₹4 Cr
₹17 Cr
₹14 Cr
₹14 Cr
₹9 Cr
₹18 Cr
₹12 Cr
₹20 Cr
₹18 Cr
₹21 Cr
₹16 Cr
₹27 Cr
₹23 Cr
₹23 Cr
₹25 Cr
₹40 Cr

SPR Auto Technologies Ltd · SHRIPISTON

₹29 Cr
₹47 Cr
₹38 Cr
₹50 Cr
₹55 Cr
₹73 Cr
₹75 Cr
₹91 Cr
₹101 Cr
₹113 Cr
₹108 Cr
₹116 Cr
₹117 Cr
₹126 Cr
₹121 Cr
₹152 Cr
₹135 Cr
₹142 Cr
₹126 Cr
₹159 Cr

Sundram Fasteners Ltd · SUNDRMFAST

₹120 Cr
₹122 Cr
₹108 Cr
₹107 Cr
₹136 Cr
₹115 Cr
₹118 Cr
₹127 Cr
₹129 Cr
₹133 Cr
₹129 Cr
₹134 Cr
₹143 Cr
₹144 Cr
₹131 Cr
₹124 Cr
₹148 Cr
₹153 Cr
₹131 Cr
₹161 Cr

Triton Valves Ltd · 505978

—
—
—
—
—
—
₹-5 Cr
₹-2 Cr
₹1 Cr
₹1 Cr
₹1 Cr
₹1 Cr
₹2 Cr
₹2 Cr
₹1 Cr
₹0 Cr
₹2 Cr
₹2 Cr
₹3 Cr
₹4 Cr

Profit growth · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

—
—
—
—
-24%
6.1%
476%
28%
97%
27%
-31%
33%
0.0%
111%
-54%
126%
59%
0.0%
177%
-4.6%

India Nippon Electricals Ltd · INDNIPPON

—
—
—
—
33%
-5.6%
40%
-26%
125%
5.9%
-14%
43%
100%
17%
33%
35%
28%
9.5%
56%
48%

SPR Auto Technologies Ltd · SHRIPISTON

—
—
—
—
90%
55%
97%
82%
84%
55%
44%
27%
16%
12%
12%
31%
15%
13%
4.1%
4.6%

Sundram Fasteners Ltd · SUNDRMFAST

—
—
—
—
13%
-5.7%
9.3%
19%
-5.2%
16%
9.3%
5.5%
11%
8.3%
1.6%
-7.5%
3.5%
6.3%
0.0%
30%

Triton Valves Ltd · 505978

—
—
—
—
—
—
—
—
—
—
—
—
176%
216%
55%
-47%
-3.8%
-1.0%
147%
635%
04 · not available

Capacity Spending & Returns On It

No company in this Auto Ancillaries - Engine Parts comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 5 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

India Nippon Electricals Ltd has the lowest Gross debt among the 5 Auto Ancillaries - Engine Parts companies compared here, at ₹2 crore. Triton Valves Ltd is next at ₹132 crore. The same company also holds the lowest Net debt, at ₹166 crore net cash. 5 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: India Nippon Electricals Ltd has the clearest covered balance-sheet capacity with ₹166 crore net cash and gross debt of ₹2 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderIndia Nippon Electricals Ltd · ₹2 crore
Gap98.5% versus #2 · Triton Valves Ltd
Persistence8/8 recent comparable periods
Coverage5/5 companies · 86 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1India Nippon Electricals Ltd INDNIPPON₹2 Cr
2Triton Valves Ltd 505978₹132 Cr
3Banco Products (India) Ltd BANCOINDIA₹614 Cr
4Sundram Fasteners Ltd SUNDRMFAST₹625 Cr
5SPR Auto Technologies Ltd SHRIPISTON₹2.0K Cr
Net debtlowest net debt
1India Nippon Electricals Ltd INDNIPPON₹-166 Cr
2Banco Products (India) Ltd BANCOINDIA₹455 Cr
3Sundram Fasteners Ltd SUNDRMFAST₹501 Cr
4SPR Auto Technologies Ltd SHRIPISTON₹938 Cr
Debt and balance-sheet capacity · company comparison
5/5 level · 4/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
SPR Auto Technologies Ltd SHRIPISTON₹2.0K Cr₹938 CrMar 2026
Sundram Fasteners Ltd SUNDRMFAST₹625 Cr₹501 CrMar 2026
Banco Products (India) Ltd BANCOINDIA₹614 Cr₹455 CrMar 2026
Triton Valves Ltd 505978₹132 Cr—Mar 2026
India Nippon Electricals Ltd INDNIPPON₹2 Cr₹-166 CrMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

₹14 Cr
₹6 Cr
₹6 Cr
₹115 Cr
₹115 Cr
₹359 Cr
₹359 Cr
₹418 Cr
₹418 Cr
₹399 Cr
₹399 Cr
₹423 Cr
₹423 Cr
₹420 Cr
₹420 Cr
₹573 Cr
₹573 Cr
₹729 Cr
₹729 Cr
₹614 Cr

India Nippon Electricals Ltd · INDNIPPON

₹5 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹3 Cr
₹3 Cr
₹4 Cr
₹4 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr

SPR Auto Technologies Ltd · SHRIPISTON

₹146 Cr
₹154 Cr
₹154 Cr
₹157 Cr
₹157 Cr
₹266 Cr
₹266 Cr
₹333 Cr
₹333 Cr
₹333 Cr
₹333 Cr
₹487 Cr
₹487 Cr
₹506 Cr
₹506 Cr
₹508 Cr
₹508 Cr
₹537 Cr
₹537 Cr
₹2.0K Cr

Sundram Fasteners Ltd · SUNDRMFAST

₹710 Cr
₹782 Cr
₹782 Cr
₹772 Cr
₹772 Cr
₹728 Cr
₹728 Cr
₹730 Cr
₹730 Cr
₹593 Cr
₹593 Cr
₹647 Cr
₹654 Cr
₹835 Cr
₹835 Cr
₹823 Cr
₹823 Cr
₹741 Cr
₹741 Cr
₹625 Cr

Triton Valves Ltd · 505978

—
—
—
₹122 Cr
—
—
—
₹131 Cr
—
—
—
₹120 Cr
—
—
—
₹132 Cr
—
₹133 Cr
—
₹132 Cr

Net debt · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

₹-109 Cr
₹-46 Cr
₹-46 Cr
₹37 Cr
₹33 Cr
₹208 Cr
₹208 Cr
₹403 Cr
₹400 Cr
₹191 Cr
₹191 Cr
₹364 Cr
₹360 Cr
₹340 Cr
₹340 Cr
₹509 Cr
₹416 Cr
₹541 Cr
₹541 Cr
₹455 Cr

India Nippon Electricals Ltd · INDNIPPON

₹-160 Cr
₹-163 Cr
₹-163 Cr
₹-165 Cr
₹-165 Cr
₹-168 Cr
₹-168 Cr
₹-170 Cr
₹-171 Cr
₹-195 Cr
₹-195 Cr
₹-196 Cr
₹-197 Cr
₹-164 Cr
₹-164 Cr
₹-167 Cr
₹-166 Cr
₹-160 Cr
₹-160 Cr
₹-166 Cr

SPR Auto Technologies Ltd · SHRIPISTON

₹-131 Cr
₹-190 Cr
₹-190 Cr
₹-209 Cr
₹-209 Cr
₹-287 Cr
₹-287 Cr
₹-349 Cr
₹-349 Cr
₹-463 Cr
₹-463 Cr
₹-388 Cr
₹-388 Cr
₹-654 Cr
₹-654 Cr
₹-462 Cr
₹-462 Cr
₹-665 Cr
₹-665 Cr
₹938 Cr

Sundram Fasteners Ltd · SUNDRMFAST

₹672 Cr
₹740 Cr
₹740 Cr
₹715 Cr
₹715 Cr
₹652 Cr
₹652 Cr
₹645 Cr
₹644 Cr
₹522 Cr
₹522 Cr
₹579 Cr
₹586 Cr
₹786 Cr
₹786 Cr
₹745 Cr
₹745 Cr
₹672 Cr
₹672 Cr
₹501 Cr
06 · compare level, then change

Return On Capital Employed

Banco Products (India) Ltd has the highest ROCE among the 5 Auto Ancillaries - Engine Parts companies compared here, at 30.9%. SPR Auto Technologies Ltd is next at 20.8%. Triton Valves Ltd has the highest ROCE change at +2 percentage points, so level and change sit with different companies. Its ROCE series carries 15 reported observations across the 20-quarter window.

What the numbers say: Banco Products (India) Ltd leads ROCE at 30.9%, 10.1 percentage points above SPR Auto Technologies Ltd. Triton Valves Ltd has the strongest latest improvement at +2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderBanco Products (India) Ltd · 30.9%
Gap48.6% versus #2 · SPR Auto Technologies Ltd
Persistence5/8 recent comparable periods
Coverage5/5 companies · 60 observations

Investor read: Banco Products (India) Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Banco Products (India) Ltd BANCOINDIA31%
2SPR Auto Technologies Ltd SHRIPISTON21%
3Sundram Fasteners Ltd SUNDRMFAST18%
4India Nippon Electricals Ltd INDNIPPON17%
5Triton Valves Ltd 50597811%
ROCE changefastest improvers
1Triton Valves Ltd 505978+2.0 pp
2India Nippon Electricals Ltd INDNIPPON+1.8 pp
3Sundram Fasteners Ltd SUNDRMFAST−0.6 pp
4Banco Products (India) Ltd BANCOINDIA−1.5 pp
5SPR Auto Technologies Ltd SHRIPISTON−5.4 pp
Return on capital · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Banco Products (India) Ltd BANCOINDIA28%−1.5 ppMar 2026
Sundram Fasteners Ltd SUNDRMFAST17%−0.6 ppMar 2026
SPR Auto Technologies Ltd SHRIPISTON16%−5.4 ppMar 2026
India Nippon Electricals Ltd INDNIPPON12%+1.8 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

—
20%
—
19%
—
18%
—
25%
—
32%
32%
26%
31%
29%
32%
30%
40%
24%
37%
28%

India Nippon Electricals Ltd · INDNIPPON

—
11%
—
6.9%
—
7.2%
—
7.0%
—
6.8%
11%
7.8%
14%
8.9%
15%
9.7%
15%
10%
16%
12%

SPR Auto Technologies Ltd · SHRIPISTON

—
18%
—
15%
—
17%
—
20%
—
24%
33%
23%
31%
22%
30%
22%
29%
22%
28%
16%

Sundram Fasteners Ltd · SUNDRMFAST

—
24%
—
20%
—
19%
—
20%
—
19%
22%
18%
21%
18%
21%
18%
19%
17%
19%
17%

ROCE change · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

—
—
—
—
—
−2.9 pp
—
+5.9 pp
—
+14.0 pp
—
+0.9 pp
—
−2.3 pp
+0.1 pp
+3.9 pp
+8.8 pp
−4.9 pp
+5.2 pp
−1.5 pp

India Nippon Electricals Ltd · INDNIPPON

—
—
—
—
—
−3.6 pp
—
+0.1 pp
—
−0.4 pp
—
+0.8 pp
—
+2.1 pp
+3.5 pp
+1.9 pp
+1.5 pp
+1.2 pp
+1.5 pp
+1.8 pp

SPR Auto Technologies Ltd · SHRIPISTON

—
—
—
—
—
−0.8 pp
—
+5.3 pp
—
+6.8 pp
—
+2.8 pp
—
−1.7 pp
−2.6 pp
−1.3 pp
−1.8 pp
−0.3 pp
−2.0 pp
−5.4 pp

Sundram Fasteners Ltd · SUNDRMFAST

—
—
—
—
—
−4.8 pp
—
−0.6 pp
—
−0.1 pp
—
−1.4 pp
—
−1.3 pp
−1.0 pp
−0.6 pp
−1.8 pp
−1.3 pp
−1.6 pp
−0.6 pp
07 · compare level, then change

Valuation Against Growth & Quality

Banco Products (India) Ltd has the lowest Guarded PEG among the 5 Auto Ancillaries - Engine Parts companies compared here, at 0.28×. India Nippon Electricals Ltd is next at 0.42×. The same company also holds the lowest P/E, at 18.7×. 4 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Banco Products (India) Ltd has the lowest comparable Guarded PEG at 0.28×, 33.3% below India Nippon Electricals Ltd. Only 4 of 5 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderBanco Products (India) Ltd · 0.28×
Gap33.3% versus #2 · India Nippon Electricals Ltd
Persistence0/8 recent comparable periods
Coverage4/5 companies · 41 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Banco Products (India) Ltd BANCOINDIA0.3
2India Nippon Electricals Ltd INDNIPPON0.4
3SPR Auto Technologies Ltd SHRIPISTON1.4
4Sundram Fasteners Ltd SUNDRMFAST5.4
P/Elowest P/E
1Banco Products (India) Ltd BANCOINDIA18.7
2India Nippon Electricals Ltd INDNIPPON29.7
3SPR Auto Technologies Ltd SHRIPISTON32.4
4Sundram Fasteners Ltd SUNDRMFAST32.8
5Triton Valves Ltd 50597848.2
Valuation · company comparison
4/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Sundram Fasteners Ltd SUNDRMFAST5.428.4Mar 2026
SPR Auto Technologies Ltd SHRIPISTON1.423.8Mar 2026
India Nippon Electricals Ltd INDNIPPON0.419.8Mar 2026
Banco Products (India) Ltd BANCOINDIA0.315.9Mar 2026
Triton Valves Ltd 505978—52.2Mar 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

—
0.5
—
0.5
—
1.8
—
—
0.2
—
—
1.3
1.2
—
1.1
0.8
0.5
—
0.9
0.3

India Nippon Electricals Ltd · INDNIPPON

—
—
—
0.6
2.4
—
0.5
0.7
—
3.3
—
—
—
1.0
0.7
0.4
0.8
1.2
0.4
0.4

SPR Auto Technologies Ltd · SHRIPISTON

—
—
—
—
—
0.6
—
—
—
0.2
—
—
0.4
2.2
0.9
1.1
1.5
2.3
1.7
1.4

Sundram Fasteners Ltd · SUNDRMFAST

4.4
—
—
—
1.2
—
—
—
6.9
3.8
5.3
7.6
8.2
5.4
—
—
—
—
—
—

P/E · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

12.1
10.0
8.2
7.5
8.0
9.3
10.0
7.1
9.2
13.2
16.1
16.8
18.1
17.9
22.0
16.1
21.5
27.4
22.8
15.9

India Nippon Electricals Ltd · INDNIPPON

21.2
16.6
15.7
22.4
15.7
19.5
18.3
14.0
20.8
21.6
22.2
29.0
30.9
25.4
22.2
17.9
21.9
25.7
22.5
19.8

SPR Auto Technologies Ltd · SHRIPISTON

23.9
12.8
10.5
9.8
9.1
9.0
11.8
8.8
14.2
13.2
16.8
20.9
19.0
21.7
19.5
17.4
21.6
22.3
26.0
23.8

Sundram Fasteners Ltd · SUNDRMFAST

46.2
37.7
36.5
39.2
33.0
40.4
43.8
43.3
52.3
54.5
52.2
44.7
54.5
54.8
41.3
35.0
38.9
38.2
35.4
28.4

Triton Valves Ltd · 505978

19.0
13.9
64.2
507.7
513.2
—
—
—
—
—
—
—
124.6
150.1
117.1
63.1
65.6
77.7
73.1
52.2
08 · compare level, then change

Enterprise Value & Book Value

Banco Products (India) Ltd has the lowest EV/EBITDA among the 5 Auto Ancillaries - Engine Parts companies compared here, at 10.7×. India Nippon Electricals Ltd is next at 13.1×. India Nippon Electricals Ltd has the lowest P/BV at 3.3×, so level and change sit with different companies. 5 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Banco Products (India) Ltd leads ev/ebitda at 10.7×; India Nippon Electricals Ltd leads p/bv at 3.3×.

LeaderBanco Products (India) Ltd · 10.7×
Gap18.3% versus #2 · India Nippon Electricals Ltd
Persistence0/8 recent comparable periods
Coverage5/5 companies · 100 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Banco Products (India) Ltd BANCOINDIA10.7
2India Nippon Electricals Ltd INDNIPPON13.1
3SPR Auto Technologies Ltd SHRIPISTON13.8
4Triton Valves Ltd 50597814.8
5Sundram Fasteners Ltd SUNDRMFAST16.3
P/BVlowest P/BV
1India Nippon Electricals Ltd INDNIPPON3.3
2Triton Valves Ltd 5059784.0
3Sundram Fasteners Ltd SUNDRMFAST4.6
4Banco Products (India) Ltd BANCOINDIA5.2
5SPR Auto Technologies Ltd SHRIPISTON6.3
Enterprise and book valuation · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Sundram Fasteners Ltd SUNDRMFAST16.34.0Mar 2026
Triton Valves Ltd 50597814.83.6Mar 2026
SPR Auto Technologies Ltd SHRIPISTON13.85.1Mar 2026
India Nippon Electricals Ltd INDNIPPON13.12.1Mar 2026
Banco Products (India) Ltd BANCOINDIA10.74.7Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

7.4
5.5
4.8
4.2
4.0
5.7
6.5
4.6
5.8
9.3
9.9
10.1
11.6
10.8
13.7
9.8
13.4
17.2
15.0
10.7

India Nippon Electricals Ltd · INDNIPPON

13.3
10.6
10.6
14.3
10.1
12.1
11.2
8.7
12.9
14.5
15.2
18.8
19.9
16.6
14.2
11.4
13.9
16.9
14.9
13.1

SPR Auto Technologies Ltd · SHRIPISTON

9.2
5.9
4.7
4.2
4.1
3.9
5.6
4.5
7.8
7.3
9.5
12.1
11.1
12.6
11.0
9.8
12.6
12.8
15.2
13.8

Sundram Fasteners Ltd · SUNDRMFAST

25.3
22.3
21.7
22.7
18.8
23.0
24.7
24.4
29.4
30.4
29.2
25.2
30.9
31.1
23.8
20.4
22.4
21.9
20.2
16.3

Triton Valves Ltd · 505978

7.9
6.5
12.9
11.9
10.7
14.0
14.3
15.7
18.0
18.5
13.4
16.4
16.2
21.9
23.2
14.5
13.3
15.6
15.0
14.8

P/BV · reported quarter history

Banco Products (India) Ltd · BANCOINDIA

1.9
1.7
1.3
1.1
1.5
1.4
1.5
1.6
2.2
3.5
4.4
4.1
4.9
4.6
5.9
3.9
7.9
9.1
6.0
4.7

India Nippon Electricals Ltd · INDNIPPON

2.0
1.8
1.8
2.1
1.8
1.9
1.7
1.5
2.0
2.1
2.1
2.6
3.3
2.8
2.4
2.0
2.6
3.0
2.4
2.1

SPR Auto Technologies Ltd · SHRIPISTON

2.0
1.8
1.6
1.4
1.3
1.2
1.8
1.8
3.3
2.9
3.7
5.0
5.4
5.1
4.2
3.9
5.7
4.9
5.3
5.1

Sundram Fasteners Ltd · SUNDRMFAST

8.3
8.1
7.6
7.6
5.7
6.7
7.1
7.8
8.5
8.8
8.2
7.2
9.4
8.6
6.2
5.3
5.5
5.5
4.8
4.0

Triton Valves Ltd · 505978

1.9
1.7
1.9
1.5
1.4
2.0
2.5
1.9
1.8
2.3
2.1
4.0
4.7
5.8
5.8
3.4
3.2
3.6
3.0
3.6
09 · let price answer last

Market action

SPR Auto Technologies Ltd has the strongest one-year price move in Auto Ancillaries - Engine Parts at +70.4%. India Nippon Electricals Ltd leads on Mansfield relative strength against NIFTY at +40.1%. 4 of 5 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Auto Ancillaries - Engine Parts comparison names 5 specific ways its own evidence can mislead, all listed below. All 5 companies here report on comparable dates, so no rank carries a stale marker. 1 of the 8 ranked sections has fewer than three usable current readings. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • Thin comparisons: Capital expenditure have fewer than three usable current readings.
10 · the complete set

Which companies are included?

All 5 companies in the canonical Auto Ancillaries - Engine Parts membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
Sundram Fasteners Ltd SUNDRMFASTAHEAD₹19.8K Cr₹9412026-07-19Mar 2026Cross-checked
SPR Auto Technologies Ltd SHRIPISTONAHEAD25/26 WEEKS₹18.3K Cr₹4,1602026-07-19Mar 2026Cross-checked
Banco Products (India) Ltd BANCOINDIA₹8.7K Cr₹6082026-07-19Mar 2026Cross-checked
India Nippon Electricals Ltd INDNIPPONAHEAD19/26 WEEKS₹2.7K Cr₹1,1982026-07-19Mar 2026Cross-checked
Triton Valves Ltd 505978AHEAD25/26 WEEKS₹515 Cr₹1,0042026-07-19Mar 2026Primary source only
How each company's sources stand: Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 5 Auto Ancillaries - Engine Parts companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24.

FundamentalsThrough Mar 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing4 cross-checked · 1 unverified · 0 withheld, of 5 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Auto Ancillaries - Engine Parts company comparison FAQs

These 18 answers restate the Auto Ancillaries - Engine Parts comparison above in question form. Every one is computed from the same 5 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Auto Ancillaries - Engine Parts index?

The Nifty Auto Ancillaries - Engine Parts index tracks India's listed Auto Ancillaries - Engine Parts companies as a single basket. This page follows the same 5 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Auto Ancillaries - Engine Parts sector rather than to its largest constituent. Figures are as of Mar 2026.

Which are the best Auto Ancillaries - Engine Parts stocks in India?

Ranked by this page's four-factor score, India Nippon Electricals Ltd places first among 5 listed Auto Ancillaries - Engine Parts companies, followed by Triton Valves Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Auto Ancillaries - Engine Parts stocks are listed in India?

This comparison covers 5 listed Auto Ancillaries - Engine Parts companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.

Which Auto Ancillaries - Engine Parts company is the biggest?

Sundram Fasteners Ltd is the largest, with trailing-twelve-month revenue of ₹6,288 crore, ahead of SPR Auto Technologies Ltd at ₹4,458 crore. That covers 5 of 5 companies with comparable reporting through Mar 2026.

Which Auto Ancillaries - Engine Parts company is growing fastest?

India Nippon Electricals Ltd has the fastest revenue growth at 26.4% year on year, across 5 of 5 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Auto Ancillaries - Engine Parts company has the best profit margins?

Banco Products (India) Ltd has the highest operating margin at 20%, from 5 of 5 comparable companies. Triton Valves Ltd shows the biggest recent improvement, at +1.6 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Auto Ancillaries - Engine Parts company makes the most profit?

Sundram Fasteners Ltd earns the most, at ₹593 crore of trailing-twelve-month net profit, from 5 of 5 comparable companies. Triton Valves Ltd has the fastest profit growth at 89.8%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Auto Ancillaries - Engine Parts company earns the highest return on capital?

Banco Products (India) Ltd leads on return on capital employed at 30.9%, across 5 of 5 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Auto Ancillaries - Engine Parts stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Banco Products (India) Ltd screens cheapest at 0.28×. Only 4 of 5 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Auto Ancillaries - Engine Parts company has the strongest balance sheet?

India Nippon Electricals Ltd carries the lowest comparable gross debt at ₹2 crore, from 5 of 5 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Auto Ancillaries - Engine Parts stock has the strongest price momentum?

India Nippon Electricals Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Auto Ancillaries - Engine Parts company scores highest for research priority?

India Nippon Electricals Ltd scores 66.3 out of 100 with 94% evidence confidence, from 27.2 points on growth and earnings, 14.3 on capital efficiency, 13.9 on valuation and 10.9 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Auto Ancillaries - Engine Parts companies does this comparison cover, and over what period?

It compares 5 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Auto Ancillaries - Engine Parts sector?

The 5 Auto Ancillaries - Engine Parts companies on this page carry ₹50,017 crore of combined market value. Sundram Fasteners Ltd is the largest at ₹19,765 crore, about 40% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

What is the Auto Ancillaries - Engine Parts sector's P/E ratio?

The median price-to-earnings ratio across the 5 Auto Ancillaries - Engine Parts companies on this page is 32.4×, measured on the 5 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

How is the Auto Ancillaries - Engine Parts sector performing?

4 of the 5 covered Auto Ancillaries - Engine Parts companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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