Sector Alpha Week of 2026-09-28
Not SEBI Registered !! Not Investment advice !!
20-quarter listed-company comparison

Auto & Auto Ancl - CV Stocks in India

Auto & Auto Ancl - CV: Tata Motors Ltd owns the largest revenue base; Ashok Leyland Ltd has the fastest current growth.

The 4 Auto & Auto Ancl - CV companies listed in India are Tata Motors Ltd (₹1.6 L Cr, the largest), Ashok Leyland Ltd, Automotive Axles Ltd and 1 more. 0 of 3 covered companies beat NIFTY 500 on relative strength. Readings are as of 28 Sep 2026.

01 · the index people search for

Nifty Auto & Auto Ancl - CV Index — Constituents & Performance

All 4 listed Indian Auto & Auto Ancl - CV companies are named here, largest first — the same constituent set people search for as the Nifty Auto & Auto Ancl - CV index. Every figure is equal-weighted across those companies and carries its own as-of date. One large constituent cannot set the reading.

  1. Tata Motors Ltd₹1.6 L Cr
  2. Ashok Leyland Ltd₹93.4K Cr
  3. Automotive Axles Ltd₹2.6K Cr
  4. Premier Ltd₹8 Cr
02 · the sector itself · before any single company

How has Auto & Auto Ancl - CV moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 42% ahead of NIFTY 500. Earnings across its companies grew 14% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 14 weeks running.

LEADER · ahead 14w✓Price and the fundamentals both up4 of 6 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑14w · 4/6 >200d (+0) · 4/6 lead (+0) · EPS 5/5↑

20020262025202420232022 457289 TRAILING 12-MONTH EPS · 100 AT THE START0100151Jun 22Dec 22Jun 23Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingSep 2022 · trailing 12-month earnings per share at 110, against 100 at the start · no comparable year yet · 3 reportingDec 2022 · trailing 12-month earnings per share at 132, against 100 at the start · no comparable year yet · 3 reportingMar 2023 · trailing 12-month earnings per share at 151, against 100 at the start · no comparable year yet · 3 reportingJun 2023 · trailing 12-month earnings per share at 135, against 100 at the start · up 58.0% on a year ago · 4 reportingSep 2023 · trailing 12-month earnings per share at 119, against 100 at the start · up 37.2% on a year ago · 5 reportingDec 2023 · trailing 12-month earnings per share at 131, against 100 at the start · up 15.2% on a year ago · 5 reportingMar 2024 · trailing 12-month earnings per share at 129, against 100 at the start · up 2.6% on a year ago · 5 reportingJun 2024 · trailing 12-month earnings per share at 130, against 100 at the start · up 6.3% on a year ago · 5 reportingSep 2024 · trailing 12-month earnings per share at 123, against 100 at the start · down 16.9% on a year ago · 5 reportingDec 2024 · trailing 12-month earnings per share at 116, against 100 at the start · down 11.1% on a year ago · 5 reportingMar 2025 · trailing 12-month earnings per share at 124, against 100 at the start · down 6.4% on a year ago · 5 reportingJun 2025 · trailing 12-month earnings per share at 119, against 100 at the start · down 3.2% on a year ago · 5 reportingSep 2025 · trailing 12-month earnings per share at 117, against 100 at the start · up 2.6% on a year ago · 6 reportingDec 2025 · trailing 12-month earnings per share at 126, against 100 at the start · up 13.4% on a year ago · 6 reportingMar 2026 · trailing 12-month earnings per share at 140, against 100 at the start · up 11.7% on a year ago · 6 reportingJun 2026 · trailing 12-month earnings per share at 150, against 100 at the start · up 29.1% on a year ago · 6 reportingNot reported yet — earnings trail price by a quarter or two150 · Jun 26No earnings on file this far back — the price series reaches further than the filings do
20020262025202420232022 457289 TRAILING 12-MONTH EPS · 100 AT THE START0100151Jun 22Jun 23Jun 24Jun 25Jun 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingSep 2022 · trailing 12-month earnings per share at 110, against 100 at the start · no comparable year yet · 3 reportingDec 2022 · trailing 12-month earnings per share at 132, against 100 at the start · no comparable year yet · 3 reportingMar 2023 · trailing 12-month earnings per share at 151, against 100 at the start · no comparable year yet · 3 reportingJun 2023 · trailing 12-month earnings per share at 135, against 100 at the start · up 58.0% on a year ago · 4 reportingSep 2023 · trailing 12-month earnings per share at 119, against 100 at the start · up 37.2% on a year ago · 5 reportingDec 2023 · trailing 12-month earnings per share at 131, against 100 at the start · up 15.2% on a year ago · 5 reportingMar 2024 · trailing 12-month earnings per share at 129, against 100 at the start · up 2.6% on a year ago · 5 reportingJun 2024 · trailing 12-month earnings per share at 130, against 100 at the start · up 6.3% on a year ago · 5 reportingSep 2024 · trailing 12-month earnings per share at 123, against 100 at the start · down 16.9% on a year ago · 5 reportingDec 2024 · trailing 12-month earnings per share at 116, against 100 at the start · down 11.1% on a year ago · 5 reportingMar 2025 · trailing 12-month earnings per share at 124, against 100 at the start · down 6.4% on a year ago · 5 reportingJun 2025 · trailing 12-month earnings per share at 119, against 100 at the start · down 3.2% on a year ago · 5 reportingSep 2025 · trailing 12-month earnings per share at 117, against 100 at the start · up 2.6% on a year ago · 6 reportingDec 2025 · trailing 12-month earnings per share at 126, against 100 at the start · up 13.4% on a year ago · 6 reportingMar 2026 · trailing 12-month earnings per share at 140, against 100 at the start · up 11.7% on a year ago · 6 reportingJun 2026 · trailing 12-month earnings per share at 150, against 100 at the start · up 29.1% on a year ago · 6 reportingNot reported yet — earnings trail price by a quarter or two150No earnings on file this far back — the price series reaches further than the filings do
Auto & Auto Ancl - CV, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

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 6 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.

03 · sector relative strength, before individual stocks

Is Auto & Auto Ancl - CV outperforming NIFTY 500?

Auto & Auto Ancl - CV has outperformed NIFTY 500 by 6.2% over the last 52 weeks. Over 13 weeks the gap is a lead of 2.3%. 0 of 3 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Ashok Leyland Ltd is the strongest against the sector itself at -2.4%.

+2.3%Sector vs NIFTY 500 · 13 weeks
+6.2%Sector vs NIFTY 500 · 52 weeks
0/3Stocks leading NIFTY 500
0/3Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

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

Auto & Auto Ancl - CV has outperformed NIFTY 500 by 6.2% over 52 weeks and 2.3% over 13 weeks. 0 of 3 covered companies beat NIFTY on Mansfield relative strength, while 0 of 3 beat the sector itself. Tata Motors Ltd leads with revenue of ₹87,197 crore, based on 4 of 4 comparable companies through Jun 2026.

Companies
4
complete canonical membership
Combined market value
₹2.6 L Cr
Tata Motors Ltd
Revenue growing
3/3
positive TTM year-on-year growth
Beating NIFTY 500
0/3
positive Mansfield relative strength
Comparing 4 of 4
04 · 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%
Tata Motors Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 70% evidence confidence.
Tata Motors Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Tata Motors LtdTMCV 57.0/100Mixed-positive evidence70% evidence BREAKING OUT 15.7/35 Revenue 15.4% · PAT -8.8% · OPM change 4 pp 100% evidence 17.9/25 ROCE 35.9% · OPM 16% 100% evidence 13.4/20 P/E 21.9× · PEG 1.03 50% evidence 10.0/20 RS sector — · RS bench — · 1Y —7 of 11 weeks ahead 0% evidence
Exact sum: 15.7 + 17.9 + 13.4 + 10 = 57 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
2Automotive Axles LtdAUTOAXLES 53.0/100Mixed-positive evidence91% evidence ASLEEP 17.0/35 Revenue 6.3% · PAT 10.8% · OPM change 2 pp 100% evidence 17.5/25 ROCE 21.6% · OPM 12% 100% evidence 14.2/20 P/E 14.1× · PEG 1.4 85% evidence 4.3/20 RS sector -13.3% · RS bench -2.3% · 1Y -2.8%0 of 11 weeks ahead 70% evidence
Exact sum: 17 + 17.5 + 14.2 + 4.3 = 53 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Ashok Leyland LtdASHOKLEY 44.2/100Mixed-negative evidence79% evidence FADING 16.2/35 Revenue 16.5% · PAT 6.9% · OPM change -1 pp 95% evidence 14.7/25 ROCE 13.6% · OPM 18% 76% evidence 9.2/20 P/E 25.1× · PEG — 35% evidence 4.1/20 RS sector -2.4% · RS bench -2.2% · 1Y 12.9%6 of 12 weeks ahead 100% evidence
Exact sum: 16.2 + 14.7 + 9.2 + 4.1 = 44.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Premier LtdPREMIER 37.1/100Thin evidence · provisional35% evidence 19.1/35 Revenue — · PAT 15.9% · OPM change — 18% evidence 5.0/25 ROCE -43.5% · OPM — 60% evidence 10.0/20 P/E — · PEG — 0% evidence 3.0/20 RS sector -18.8% · RS bench -7.6% · 1Y -18.5%4 of 12 weeks ahead to 2026-03-29 70% evidence
Exact sum: 19.1 + 5 + 10 + 3 = 37.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
05 · what price has already done

Market action

Ashok Leyland Ltd has the strongest one-year price move in Auto & Auto Ancl - CV at +12.9%. It also leads on Mansfield relative strength against NIFTY at -2.2%. 0 of 3 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-09-25.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · the story behind the numbers

Auto & Auto Ancl - CV — the story behind the numbers

This is the written read behind the Auto & Auto Ancl - CV figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 22 Aug 2026. It also states what would change this read.

How old this read is: This read comes from our fortnightly sector read dated 22 Aug 2026 — 37 days old. The numbers above it are newer than the words here.

What would change this read

Monthly heavy-truck volume prints from September through November come in at or above high-single-digit growth — settling the OEM-versus-supplier argument in the truck maker's favour — WHILE Ashok Leyland's margin turns up as it has guided for the January-March quarter.

Sources: our fortnightly Auto & Auto Ancl - CV read, 22 Aug 2026.

07 · compare level, then change

Revenue Scale & Growth Durability

Tata Motors Ltd has the highest Revenue among the 4 Auto & Auto Ancl - CV companies compared here, at ₹87,197 crore. Ashok Leyland Ltd is next at ₹57,723 crore. Ashok Leyland Ltd has the highest Revenue growth at 16.5%, so level and change sit with different companies. Its Revenue series carries 8 reported observations across the 20-quarter window.

What the numbers say: Tata Motors Ltd is the scale leader at ₹87,197 crore, 51.1% ahead of Ashok Leyland Ltd. Ashok Leyland Ltd's growth is 16.5% from a ₹57,723 crore base, with 16 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderTata Motors Ltd · ₹87,197 crore
Gap51.1% versus #2 · Ashok Leyland Ltd
Persistence4/4 recent comparable periods
Coverage4/4 companies · 57 observations

Investor read: Tata Motors Ltd is the scale benchmark; Ashok Leyland Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Tata Motors Ltd's growth falls below Ashok Leyland 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
1Tata Motors Ltd TMCV₹87.2K Cr
2Ashok Leyland Ltd ASHOKLEY₹57.7K Cr
3Automotive Axles Ltd AUTOAXLES₹2.2K Cr
4Premier Ltd PREMIER · older report₹0 Cr
Revenue growthfastest growers
1Ashok Leyland Ltd ASHOKLEY17%
2Tata Motors Ltd TMCV15%
3Automotive Axles Ltd AUTOAXLES6.3%
Revenue · company comparison
4/4 level · 3/4 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Tata Motors Ltd TMCV₹20.7K Cr19%Jun 2026
Ashok Leyland Ltd ASHOKLEY₹13.1K Cr12%Jun 2026
Automotive Axles Ltd AUTOAXLES₹517 Cr5.7%Jun 2026
Premier Ltd PREMIER₹0 Cr—Dec 2025
Full 20-quarter history · every available company

Revenue · reported quarter history

Ashok Leyland Ltd · ASHOKLEY

—
—
—
—
₹8.3K Cr
₹10.4K Cr
₹13.2K Cr
₹9.7K Cr
₹11.4K Cr
₹11.1K Cr
₹13.5K Cr
₹10.7K Cr
₹11.1K Cr
₹12.0K Cr
₹14.7K Cr
₹11.7K Cr
₹12.6K Cr
₹14.8K Cr
₹17.2K Cr
₹13.1K Cr

Automotive Axles Ltd · AUTOAXLES

₹309 Cr
₹374 Cr
₹552 Cr
₹500 Cr
₹475 Cr
₹656 Cr
₹693 Cr
₹532 Cr
₹584 Cr
₹541 Cr
₹572 Cr
₹492 Cr
₹495 Cr
₹531 Cr
₹560 Cr
₹489 Cr
₹462 Cr
₹562 Cr
₹664 Cr
₹517 Cr

Premier Ltd · PREMIER

—
—
—
—
—
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
—
—

Tata Motors Ltd · TMCV

—
—
—
—
—
—
—
—
—
—
—
—
₹17.5K Cr
₹18.8K Cr
₹21.9K Cr
₹17.3K Cr
₹18.6K Cr
₹21.8K Cr
₹26.1K Cr
₹20.7K Cr

Revenue growth · reported quarter history

Ashok Leyland Ltd · ASHOKLEY

—
—
—
—
—
—
—
—
38%
6.7%
2.6%
11%
-2.5%
8.1%
8.5%
9.2%
13%
24%
17%
12%

Automotive Axles Ltd · AUTOAXLES

—
—
—
96%
54%
75%
26%
6.4%
23%
-18%
-17%
-7.5%
-15%
-1.9%
-2.1%
-0.6%
-6.7%
5.8%
19%
5.7%

Tata Motors Ltd · TMCV

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
6.0%
16%
19%
19%
08 · compare level, then change

Operating Economics & Margin Trend

Ashok Leyland Ltd has the highest OPM among the 4 Auto & Auto Ancl - CV companies compared here, at 18%. Tata Motors Ltd is next at 16%. Tata Motors Ltd has the highest Margin change at +4 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: Ashok Leyland Ltd leads opm at 18%; Tata Motors Ltd leads margin change at +4 percentage points.

LeaderAshok Leyland Ltd · 18%
Gap12.5% versus #2 · Tata Motors Ltd
Persistence5/8 recent comparable periods
Coverage3/4 companies · 48 observations

Investor read: Ashok Leyland 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
1Ashok Leyland Ltd ASHOKLEY18%
2Tata Motors Ltd TMCV16%
3Automotive Axles Ltd AUTOAXLES12%
Margin changefastest expanders
1Tata Motors Ltd TMCV+4.0 pp
2Automotive Axles Ltd AUTOAXLES+2.0 pp
3Ashok Leyland Ltd ASHOKLEY−1.0 pp
Operating margin · company comparison
3/4 level · 3/4 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Ashok Leyland Ltd ASHOKLEY18%−1.0 ppJun 2026
Tata Motors Ltd TMCV16%+4.0 ppJun 2026
Automotive Axles Ltd AUTOAXLES12%+2.0 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Ashok Leyland Ltd · ASHOKLEY

10%
9.9%
12%
9.1%
6.0%
13%
15%
16%
16%
18%
19%
17%
18%
19%
20%
19%
19%
19%
19%
18%

Automotive Axles Ltd · AUTOAXLES

7.2%
9.3%
11%
10%
11%
12%
11%
11%
11%
11%
11%
10%
10%
11%
11%
10%
10%
11%
12%
12%

Tata Motors Ltd · TMCV

—
—
—
—
—
—
—
—
—
—
—
—
10%
11%
11%
12%
11%
12%
13%
16%

Margin change · reported quarter history

Ashok Leyland Ltd · ASHOKLEY

−4.7 pp
−2.7 pp
−0.4 pp
+0.9 pp
−4.4 pp
+3.1 pp
+3.0 pp
+6.9 pp
+10.0 pp
+5.0 pp
+4.0 pp
+1.0 pp
+2.0 pp
+1.0 pp
+1.0 pp
+2.0 pp
+1.0 pp
0.0 pp
−1.0 pp
−1.0 pp

Automotive Axles Ltd · AUTOAXLES

+1.6 pp
−0.0 pp
+0.7 pp
+4.2 pp
+3.5 pp
+2.7 pp
−0.2 pp
+0.7 pp
+0.4 pp
−1.0 pp
0.0 pp
−1.0 pp
−1.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
+1.0 pp
+2.0 pp

Tata Motors Ltd · TMCV

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+1.0 pp
+1.0 pp
+2.0 pp
+4.0 pp
09 · compare level, then change

Profit Scale & Acceleration

Tata Motors Ltd has the highest Net profit among the 4 Auto & Auto Ancl - CV companies compared here, at ₹4,187 crore. Ashok Leyland Ltd is next at ₹3,731 crore. Automotive Axles Ltd has the highest Profit growth at 10.8%, so level and change sit with different companies.

What the numbers say: Tata Motors Ltd leads with ₹4,187 crore of TTM profit, 12.2% above Ashok Leyland Ltd. Automotive Axles Ltd shows 10.8% growth from a ₹175 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderTata Motors Ltd · ₹4,187 crore
Gap12.2% versus #2 · Ashok Leyland Ltd
Persistence2/4 recent comparable periods
Coverage4/4 companies · 57 observations

Investor read: Tata Motors 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
1Tata Motors Ltd TMCV₹4.2K Cr
2Ashok Leyland Ltd ASHOKLEY₹3.7K Cr
3Automotive Axles Ltd AUTOAXLES₹175 Cr
4Premier Ltd PREMIER · older report₹-6 Cr
Profit growthfastest growers
1Automotive Axles Ltd AUTOAXLES11%
2Ashok Leyland Ltd ASHOKLEY6.9%
3Tata Motors Ltd TMCV-8.8%
Net profit · company comparison
4/4 level · 3/4 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Tata Motors Ltd TMCV₹2.6K Cr83%Jun 2026
Ashok Leyland Ltd ASHOKLEY₹668 Cr1.5%Jun 2026
Automotive Axles Ltd AUTOAXLES₹46 Cr28%Jun 2026
Premier Ltd PREMIER₹-2 Cr—Dec 2025
Full 20-quarter history · every available company

Net profit · reported quarter history

Ashok Leyland Ltd · ASHOKLEY

—
—
—
—
₹199 Cr
₹351 Cr
₹803 Cr
₹584 Cr
₹569 Cr
₹609 Cr
₹934 Cr
₹551 Cr
₹767 Cr
₹820 Cr
₹1.2K Cr
₹658 Cr
₹820 Cr
₹862 Cr
₹1.4K Cr
₹668 Cr

Automotive Axles Ltd · AUTOAXLES

₹10 Cr
₹20 Cr
₹39 Cr
₹30 Cr
₹30 Cr
₹51 Cr
₹51 Cr
₹38 Cr
₹45 Cr
₹39 Cr
₹44 Cr
₹34 Cr
₹36 Cr
₹40 Cr
₹46 Cr
₹36 Cr
₹36 Cr
₹39 Cr
₹54 Cr
₹46 Cr

Premier Ltd · PREMIER

—
—
—
—
—
₹-3 Cr
₹-3 Cr
₹-3 Cr
₹-3 Cr
₹-3 Cr
₹-2 Cr
₹-2 Cr
₹-2 Cr
₹-2 Cr
₹-2 Cr
₹-2 Cr
₹-0 Cr
₹-2 Cr
—
—

Tata Motors Ltd · TMCV

—
—
—
—
—
—
—
—
—
—
—
—
₹498 Cr
₹1.4K Cr
₹1.3K Cr
₹1.4K Cr
₹-867 Cr
₹705 Cr
₹1.8K Cr
₹2.6K Cr

Profit growth · reported quarter history

Ashok Leyland Ltd · ASHOKLEY

—
—
—
—
—
—
—
—
186%
74%
16%
-5.7%
35%
35%
33%
19%
6.9%
5.1%
11%
1.5%

Automotive Axles Ltd · AUTOAXLES

—
—
—
400%
200%
155%
31%
27%
50%
-24%
-14%
-11%
-20%
2.6%
4.6%
5.9%
0.0%
-2.5%
17%
28%

Tata Motors Ltd · TMCV

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-274%
-48%
34%
83%
10 · compare level, then change

Return On Capital Employed

Tata Motors Ltd has the highest ROCE among the 4 Auto & Auto Ancl - CV companies compared here, at 35.9%. Automotive Axles Ltd is next at 21.6%. Premier Ltd has the highest ROCE change at +56.4 percentage points, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Tata Motors Ltd leads ROCE at 35.9%, 14.3 percentage points above Automotive Axles Ltd. Premier Ltd has the strongest latest improvement at +56.4 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.

LeaderTata Motors Ltd · 35.9%
Gap66.2% versus #2 · Automotive Axles Ltd
Persistence1/2 recent comparable periods
Coverage4/4 companies · 21 observations

Investor read: Tata Motors 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
1Tata Motors Ltd TMCV36%
2Automotive Axles Ltd AUTOAXLES22%
3Ashok Leyland Ltd ASHOKLEY14%
4Premier Ltd PREMIER · older report-44%
ROCE changefastest improvers
1Premier Ltd PREMIER · older report+56.4 pp
2Ashok Leyland Ltd ASHOKLEY0.0 pp
3Automotive Axles Ltd AUTOAXLES−0.7 pp
4Tata Motors Ltd TMCV−2.2 pp
Return on capital · company comparison
4/4 level · 4/4 change

Withheld from this chart: Ashok Leyland Ltd (ASHOKLEY) — its two data sources disagree by up to 17% on reported income across 15 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
Tata Motors Ltd TMCV31%−2.2 ppJun 2026
Automotive Axles Ltd AUTOAXLES18%−0.7 ppJun 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Automotive Axles Ltd · AUTOAXLES

12%
—
15%
—
23%
—
28%
—
29%
31%
23%
26%
20%
24%
19%
23%
18%
22%
18%
—

Tata Motors Ltd · TMCV

—
—
—
—
—
—
—
—
—
—
—
—
—
—
26%
34%
36%
23%
35%
31%

ROCE change · reported quarter history

Automotive Axles Ltd · AUTOAXLES

—
—
—
—
+10.5 pp
—
+12.3 pp
—
+6.5 pp
—
−4.1 pp
—
−9.2 pp
−7.1 pp
−4.7 pp
−3.7 pp
−2.5 pp
−2.6 pp
−0.7 pp
—

Tata Motors Ltd · TMCV

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+8.6 pp
−2.2 pp
11 · compare level, then change

Valuation Against Growth & Quality

Tata Motors Ltd has the lowest PEG among the 4 Auto & Auto Ancl - CV companies compared here, at 1.03×. Automotive Axles Ltd is next at 1.4×. Automotive Axles Ltd has the lowest P/E at 14.1×, so level and change sit with different companies. 2 of 4 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Tata Motors Ltd has the lowest comparable PEG at 1.03×, 26.4% below Automotive Axles Ltd. Only 2 of 4 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderTata Motors Ltd · 1.03×
Gap26.4% versus #2 · Automotive Axles Ltd
Persistence0/3 recent comparable periods
Coverage2/4 companies · 8 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 feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1Tata Motors Ltd TMCV1.0
2Automotive Axles Ltd AUTOAXLES1.4
P/Elowest P/E
1Automotive Axles Ltd AUTOAXLES14.1
2Tata Motors Ltd TMCV21.9
3Ashok Leyland Ltd ASHOKLEY25.1
Valuation · company comparison
2/4 level · 3/4 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Automotive Axles Ltd AUTOAXLES1.415.6Jun 2026
Tata Motors Ltd TMCV—39.3Jun 2026
Ashok Leyland Ltd ASHOKLEY—25.4Jun 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Automotive Axles Ltd · AUTOAXLES

—
0.9
0.8
—
—
—
0.8
—
0.4
0.3
1.0
—
—
—
—
—
—
—
2.0
1.4

P/E · reported quarter history

Ashok Leyland Ltd · ASHOKLEY

—
—
—
—
—
—
55.2
41.2
30.0
25.1
21.3
28.1
28.2
25.1
21.5
23.7
26.1
30.7
26.6
25.4

Automotive Axles Ltd · AUTOAXLES

36.0
42.8
37.8
32.0
29.7
25.1
23.8
20.7
19.7
17.6
15.4
18.2
17.8
17.8
15.8
17.7
16.8
17.4
14.5
15.6

Tata Motors Ltd · TMCV

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
42.0
48.0
39.3
12 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Auto & Auto Ancl - CV comparison names 7 specific ways its own evidence can mislead, all listed below. 1 of the 4 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. 1 has second-feed figures withheld because the two sources disagree.

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.
  • 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.
  • 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
  • Thin comparisons: Valuation have fewer than three usable current readings.
13 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 4 Auto & Auto Ancl - CV companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-09-25.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-09-25 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG 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 standing2 cross-checked · 1 unverified · 1 withheld, of 4 graded companies.
How a second data feed is admitted, and what happens when it disagrees

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.

14 · questions investors ask, short speakable answers

Auto & Auto Ancl - CV company comparison FAQs

These 23 answers restate the Auto & Auto Ancl - CV comparison above in question form. Every one is computed from the same 4 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-25. Nothing here is estimated, and none of it is a recommendation.

Is the Auto & Auto Ancl - CV sector outperforming NIFTY 500?

Auto & Auto Ancl - CV has outperformed NIFTY 500 by 6.2% over 52 weeks and 2.3% over 13 weeks. 0 of 3 covered companies beat NIFTY on Mansfield relative strength, while 0 of 3 beat the sector itself.

Which Auto & Auto Ancl - CV company is largest by revenue?

Tata Motors Ltd leads with revenue of ₹87,197 crore, based on 4 of 4 comparable companies through Jun 2026.

Which Auto & Auto Ancl - CV company is growing fastest?

Ashok Leyland Ltd has the fastest current revenue growth at 16.5%, across 3 of 4 comparable companies.

Which Auto & Auto Ancl - CV company has the strongest 4-Factor Sector Score?

Tata Motors Ltd ranks first at 57/100 with 70% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Auto & Auto Ancl - CV company has the lowest comparable PEG?

Tata Motors Ltd has the lowest comparable PEG at 1.03, among 2 of 4 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Auto & Auto Ancl - CV comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 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.

Is there a Nifty Auto & Auto Ancl - CV index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Auto & Auto Ancl - CV, this page builds its own equal-weight basket of 4 listed Auto & Auto Ancl - CV companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Auto & Auto Ancl - CV stocks in India?

Ranked by this page's four-factor score, Tata Motors Ltd places first among 4 listed Auto & Auto Ancl - CV companies, followed by Automotive Axles Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Auto & Auto Ancl - CV stocks are listed in India?

This comparison covers 4 listed Auto & Auto Ancl - CV 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 Jun 2026.

Which Auto & Auto Ancl - CV company is the biggest?

Tata Motors Ltd is the largest, with trailing-twelve-month revenue of ₹87,197 crore, ahead of Ashok Leyland Ltd at ₹57,723 crore. That covers 4 of 4 companies with comparable reporting through Jun 2026.

Which Auto & Auto Ancl - CV company has the best profit margins?

Ashok Leyland Ltd has the highest operating margin at 18%, from 3 of 4 comparable companies. Tata Motors Ltd shows the biggest recent improvement, at +4 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Auto & Auto Ancl - CV company makes the most profit?

Tata Motors Ltd earns the most, at ₹4,187 crore of trailing-twelve-month net profit, from 4 of 4 comparable companies. Automotive Axles Ltd has the fastest profit growth at 10.8%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Auto & Auto Ancl - CV company earns the highest return on capital?

Tata Motors Ltd leads on return on capital employed at 35.9%, across 4 of 4 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 & Auto Ancl - CV stock is the cheapest?

On PEG — where a LOWER number is cheaper — Tata Motors Ltd screens cheapest at 1.03×. Only 2 of 4 companies have earnings and growth steady enough for the ratio to mean anything, 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.

Is the Auto & Auto Ancl - CV sector beating the market?

Auto & Auto Ancl - CV has outperformed NIFTY 500 by 6.2% over the last 52 weeks and 2.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 3 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Auto & Auto Ancl - CV stock has the strongest price momentum?

Ashok Leyland 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 & Auto Ancl - CV company scores highest for research priority?

Tata Motors Ltd scores 57 out of 100 with 70% evidence confidence, from 15.7 points on growth and earnings, 17.9 on capital efficiency, 13.4 on valuation and 10 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 & Auto Ancl - CV companies does this comparison cover, and over what period?

It compares 4 listed companies over up to 20 reported quarters of fundamentals, ending Jun 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 & Auto Ancl - CV sector?

The 4 Auto & Auto Ancl - CV companies on this page carry ₹2,58,628 crore of combined market value. Tata Motors Ltd is the largest at ₹1,62,595 crore, about 63% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-28.

How is the Auto & Auto Ancl - CV sector performing?

0 of the 3 covered Auto & Auto Ancl - CV companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 6.2% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-28.

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.

Not SEBI Registered !! Not Investment advice !!

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