Auto (Car Maker) Stocks and Companies in India
There are 4 listed Auto (Car Maker) stocks in India: M&M (₹4.09 lakh crore), Maruti (₹4.01 lakh crore), Hyundai India (₹1.73 lakh crore) and Tata Motors Passenger Vehicles, at prices of 6 November 2026. 0 of the 4 companies we track are beating the Nifty 500 on share price over recent months.
Auto (Car Maker): Tata Motors Passenger Vehicles Ltd owns the largest revenue base; Maruti Suzuki India Ltd has the fastest current growth.
The main question: the biggest companies are not always the ones changing the most.
Start with size. Then the direction of earnings. Then the quality of the business. A share price that leads means more once those three agree.
Which are the biggest Auto (Car Maker) stocks in India?
The largest Auto (Car Maker) stocks in India by market value are Maruti (₹4.01 lakh crore), M&M (₹4.09 lakh crore) and Hyundai India (₹1.73 lakh crore), at prices of 6 Nov 2026.
- Maruti: ₹12,750 | market value ₹4.01 lakh crore | P/E 29.8
- M&M: ₹3,287.20 | market value ₹4.09 lakh crore | P/E 21.3
- Hyundai India: ₹2,130 | market value ₹1.73 lakh crore | P/E 37.8
- Tata Motors Passenger Vehicles: ₹292 | market value ₹1.08 lakh crore | P/E 107.9
Share price | market value | P/E, biggest first. Prices, market values and ratios at the official close of 6 Nov 2026; the score list below uses the weekly figures.
Is there a Nifty Auto (Car Maker) index, and what is in it?
All 4 listed Indian Auto - 4 Wheelers companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Auto - 4 Wheelers index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. One large company cannot set the reading.
- Maruti Suzuki India Ltd₹3.6 lakh cr
- Mahindra & Mahindra Ltd₹3.5 lakh cr
- Hyundai Motor India Ltd₹1.6 lakh cr
- Tata Motors Passenger Vehicles Ltd₹97,700 cr
How many Auto (Car Maker) companies are listed in India?
4 Auto (Car Maker) companies in the Auto - 4 Wheelers industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 4 are listed below, largest first. The largest is Maruti Suzuki India (₹3.58 lakh crore) and the smallest with a market value is Tata Motors Passenger Vehicles.
| Company | Market value |
|---|---|
| 1. Maruti Suzuki India Ltd MARUTI | ₹3.58 lakh crore |
| 2. Mahindra & Mahindra Ltd M&M | ₹3.53 lakh crore |
| 3. Hyundai Motor India Ltd HYUNDAI | ₹1.55 lakh crore |
| 4. Tata Motors Passenger Vehicles Ltd TMPV | ₹97,747 crore |
How have Auto (Car Maker) stocks moved against NIFTY 500?
The line below covers up to 5.1 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 6% behind NIFTY 500. Earnings across its companies grew 15% on average over the last four reported quarters.
0 of 4 companies pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high). 1 is 20% or more behind over a year while earnings grew 20% or more.
Not ahead of NIFTY 500 on the three-month view this week; 0 of the 4 companies in the industry index above their 200-day average (no change from four weeks earlier); 0 of those 4 pass the momentum test (no change from four weeks earlier); earnings rising at 2 of the 4 that report earnings.
Behind NIFTY 500 by −18.1% over a year, with participation off the floor of its own 26-week range. Earnings mixed, 2 of 4 members have higher trailing twelve-month earnings than a year ago.
1Y
Auto - 4 Wheelers against NIFTY 500
Both lines start at 200 in the first week shown
- Auto (Car Maker) 150
- NIFTY 500 184
| Week ending | Auto (Car Maker) | NIFTY 500 |
|---|---|---|
| 7 Nov 2025 | 200 | 200 |
| 14 Nov 2025 | 200 | 201 |
| 21 Nov 2025 | 197 | 201 |
| 28 Nov 2025 | 196 | 199 |
| 5 Dec 2025 | 196 | 196 |
| 12 Dec 2025 | 196 | 197 |
| 19 Dec 2025 | 195 | 200 |
| 26 Dec 2025 | 197 | 200 |
| 2 Jan 2026 | 201 | 202 |
| 9 Jan 2026 | 195 | 197 |
| 16 Jan 2026 | 195 | 191 |
| 23 Jan 2026 | 189 | 194 |
| 30 Jan 2026 | 181 | 197 |
| 6 Feb 2026 | 190 | 196 |
| 13 Feb 2026 | 191 | 196 |
| 20 Feb 2026 | 191 | 194 |
| 27 Feb 2026 | 188 | 189 |
| 6 Mar 2026 | 180 | 179 |
| 13 Mar 2026 | 163 | 179 |
| 20 Mar 2026 | 164 | 176 |
| 27 Mar 2026 | 158 | 176 |
| 3 Apr 2026 | 157 | 188 |
| 10 Apr 2026 | 170 | 192 |
| 17 Apr 2026 | 173 | 189 |
| 24 Apr 2026 | 166 | 190 |
| 1 May 2026 | 167 | 194 |
| 8 May 2026 | 174 | 189 |
| 15 May 2026 | 169 | 190 |
| 22 May 2026 | 169 | 190 |
| 29 May 2026 | 175 | 188 |
| 5 Jun 2026 | 175 | 190 |
| 12 Jun 2026 | 176 | 194 |
| 19 Jun 2026 | 173 | 194 |
| 26 Jun 2026 | 175 | 196 |
| 3 Jul 2026 | 176 | 196 |
| 10 Jul 2026 | 173 | 196 |
| 17 Jul 2026 | 174 | 192 |
| 24 Jul 2026 | 170 | 197 |
| 31 Jul 2026 | 183 | 199 |
| 7 Aug 2026 | 185 | 198 |
| 14 Aug 2026 | 181 | 197 |
| 21 Aug 2026 | 178 | 197 |
| 28 Aug 2026 | 178 | 195 |
| 4 Sep 2026 | 171 | 192 |
| 11 Sep 2026 | 167 | 192 |
| 18 Sep 2026 | 167 | 190 |
| 25 Sep 2026 | 163 | 183 |
| 2 Oct 2026 | 155 | 183 |
| 9 Oct 2026 | 152 | 187 |
| 16 Oct 2026 | 156 | 187 |
| 23 Oct 2026 | 149 | 180 |
| 30 Oct 2026 | 150 | 184 |
3Y
Auto - 4 Wheelers against NIFTY 500
Both lines start at 200 in the first week shown, every 2nd week shown
- Auto (Car Maker) 249
- NIFTY 500 250
| Week ending | Auto (Car Maker) | NIFTY 500 |
|---|---|---|
| 10 Nov 2023 | 200 | 200 |
| 17 Nov 2023 | 206 | 201 |
| 1 Dec 2023 | 211 | 213 |
| 15 Dec 2023 | 216 | 215 |
| 29 Dec 2023 | 221 | 221 |
| 12 Jan 2024 | 217 | 223 |
| 26 Jan 2024 | 216 | 226 |
| 9 Feb 2024 | 232 | 228 |
| 23 Feb 2024 | 253 | 229 |
| 8 Mar 2024 | 260 | 224 |
| 22 Mar 2024 | 261 | 229 |
| 5 Apr 2024 | 270 | 239 |
| 19 Apr 2024 | 271 | 237 |
| 3 May 2024 | 279 | 237 |
| 17 May 2024 | 288 | 243 |
| 31 May 2024 | 284 | 241 |
| 14 Jun 2024 | 310 | 254 |
| 28 Jun 2024 | 301 | 261 |
| 12 Jul 2024 | 302 | 265 |
| 26 Jul 2024 | 320 | 269 |
| 9 Aug 2024 | 307 | 259 |
| 23 Aug 2024 | 310 | 270 |
| 6 Sep 2024 | 303 | 269 |
| 20 Sep 2024 | 308 | 278 |
| 4 Oct 2024 | 306 | 270 |
| 18 Oct 2024 | 298 | 261 |
| 1 Nov 2024 | 278 | 263 |
| 15 Nov 2024 | 269 | 251 |
| 29 Nov 2024 | 280 | 264 |
| 13 Dec 2024 | 279 | 262 |
| 27 Dec 2024 | 273 | 256 |
| 10 Jan 2025 | 281 | 246 |
| 24 Jan 2025 | 269 | 243 |
| 7 Feb 2025 | 290 | 239 |
| 21 Feb 2025 | 266 | 233 |
| 7 Mar 2025 | 259 | 231 |
| 21 Mar 2025 | 266 | 243 |
| 4 Apr 2025 | 249 | 233 |
| 18 Apr 2025 | 253 | 254 |
| 2 May 2025 | 269 | 252 |
| 16 May 2025 | 290 | 260 |
| 30 May 2025 | 281 | 261 |
| 13 Jun 2025 | 285 | 262 |
| 27 Jun 2025 | 298 | 269 |
| 11 Jul 2025 | 291 | 268 |
| 25 Jul 2025 | 295 | 263 |
| 8 Aug 2025 | 289 | 259 |
| 22 Aug 2025 | 318 | 260 |
| 5 Sep 2025 | 333 | 264 |
| 19 Sep 2025 | 350 | 265 |
| 3 Oct 2025 | 338 | 264 |
| 17 Oct 2025 | 333 | 271 |
| 31 Oct 2025 | 334 | 270 |
| 14 Nov 2025 | 330 | 273 |
| 28 Nov 2025 | 324 | 271 |
| 12 Dec 2025 | 324 | 268 |
| 26 Dec 2025 | 325 | 273 |
| 9 Jan 2026 | 323 | 268 |
| 23 Jan 2026 | 313 | 264 |
| 6 Feb 2026 | 314 | 266 |
| 20 Feb 2026 | 316 | 265 |
| 6 Mar 2026 | 297 | 244 |
| 20 Mar 2026 | 271 | 240 |
| 3 Apr 2026 | 259 | 255 |
| 17 Apr 2026 | 287 | 258 |
| 1 May 2026 | 277 | 264 |
| 15 May 2026 | 280 | 259 |
| 29 May 2026 | 289 | 257 |
| 12 Jun 2026 | 292 | 264 |
| 26 Jun 2026 | 290 | 266 |
| 10 Jul 2026 | 286 | 267 |
| 24 Jul 2026 | 281 | 268 |
| 7 Aug 2026 | 305 | 270 |
| 21 Aug 2026 | 295 | 269 |
| 4 Sep 2026 | 283 | 261 |
| 18 Sep 2026 | 276 | 258 |
| 2 Oct 2026 | 256 | 250 |
| 16 Oct 2026 | 258 | 254 |
| 30 Oct 2026 | 249 | 250 |
5Y
Auto - 4 Wheelers against NIFTY 500
Both lines start at 200 in the first week shown, every 4th week shown
- Auto (Car Maker) 362
- NIFTY 500 283
| Week ending | Auto (Car Maker) | NIFTY 500 |
|---|---|---|
| 12 Nov 2021 | 200 | 200 |
| 3 Dec 2021 | 187 | 195 |
| 31 Dec 2021 | 189 | 199 |
| 28 Jan 2022 | 203 | 198 |
| 25 Feb 2022 | 192 | 184 |
| 25 Mar 2022 | 177 | 193 |
| 22 Apr 2022 | 194 | 191 |
| 20 May 2022 | 187 | 176 |
| 17 Jun 2022 | 190 | 169 |
| 15 Jul 2022 | 218 | 183 |
| 12 Aug 2022 | 229 | 199 |
| 9 Sep 2022 | 229 | 202 |
| 7 Oct 2022 | 218 | 192 |
| 4 Nov 2022 | 230 | 201 |
| 2 Dec 2022 | 224 | 205 |
| 30 Dec 2022 | 212 | 199 |
| 27 Jan 2023 | 229 | 192 |
| 24 Feb 2023 | 223 | 190 |
| 24 Mar 2023 | 210 | 186 |
| 21 Apr 2023 | 225 | 194 |
| 19 May 2023 | 242 | 201 |
| 16 Jun 2023 | 262 | 210 |
| 14 Jul 2023 | 280 | 219 |
| 11 Aug 2023 | 275 | 218 |
| 8 Sep 2023 | 289 | 227 |
| 6 Oct 2023 | 287 | 225 |
| 3 Nov 2023 | 285 | 223 |
| 1 Dec 2023 | 307 | 242 |
| 29 Dec 2023 | 321 | 251 |
| 26 Jan 2024 | 315 | 256 |
| 23 Feb 2024 | 368 | 259 |
| 22 Mar 2024 | 380 | 260 |
| 19 Apr 2024 | 395 | 268 |
| 17 May 2024 | 420 | 275 |
| 14 Jun 2024 | 452 | 288 |
| 12 Jul 2024 | 440 | 300 |
| 9 Aug 2024 | 447 | 293 |
| 6 Sep 2024 | 441 | 305 |
| 4 Oct 2024 | 446 | 305 |
| 1 Nov 2024 | 405 | 298 |
| 29 Nov 2024 | 407 | 299 |
| 27 Dec 2024 | 398 | 290 |
| 24 Jan 2025 | 392 | 275 |
| 21 Feb 2025 | 388 | 264 |
| 21 Mar 2025 | 387 | 275 |
| 18 Apr 2025 | 369 | 288 |
| 16 May 2025 | 422 | 294 |
| 13 Jun 2025 | 416 | 297 |
| 11 Jul 2025 | 424 | 304 |
| 8 Aug 2025 | 420 | 294 |
| 5 Sep 2025 | 484 | 299 |
| 3 Oct 2025 | 492 | 299 |
| 31 Oct 2025 | 487 | 306 |
| 28 Nov 2025 | 472 | 307 |
| 26 Dec 2025 | 473 | 309 |
| 23 Jan 2026 | 455 | 299 |
| 20 Feb 2026 | 460 | 300 |
| 20 Mar 2026 | 394 | 272 |
| 17 Apr 2026 | 417 | 292 |
| 15 May 2026 | 408 | 293 |
| 12 Jun 2026 | 425 | 300 |
| 10 Jul 2026 | 417 | 302 |
| 7 Aug 2026 | 445 | 305 |
| 4 Sep 2026 | 412 | 296 |
| 2 Oct 2026 | 373 | 283 |
| 30 Oct 2026 | 362 | 283 |
Earnings, each company rebased to 100, the sector takes the median
Latest quarter April to June 2026: 212.3, from 4 companies
| Quarter | Median earnings index |
|---|---|
| Jul 2023 | 100.0 (3 companies) |
| Oct 2023 | 105.8 (3 companies) |
| Jan 2024 | 171.2 (3 companies) |
| Apr 2024 | 154.9 (4 companies) |
| Jul 2024 | 156.9 (4 companies) |
| Oct 2024 | 153.3 (4 companies) |
| Jan 2025 | 129.2 (4 companies) |
| Apr 2025 | 113.7 (4 companies) |
| Jul 2025 | 197.4 (4 companies) |
| Oct 2025 | 205.4 (4 companies) |
| Jan 2026 | 209.3 (4 companies) |
| Apr 2026 | 212.3 (4 companies) |
Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of its 4 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same 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 or tap any point to read both values and the gap.
Are Auto (Car Maker) stocks outperforming NIFTY 500?
Auto - 4 Wheelers has done worse than the NIFTY 500 by 17.7% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 10.7%. Mahindra & Mahindra Ltd is the strongest against the sector itself at +0.9%.
What is the bottom line on Auto (Car Maker) stocks?
Auto - 4 Wheelers has done worse than the NIFTY 500 by 17.7% over 52 weeks and by 10.7% over 13 weeks. 0 of 4 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months), and 1 of the 2 with a long enough price history is ahead of the industry itself.
How does each Auto (Car Maker) stock score?
A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.
Mahindra & Mahindra Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 97% evidence confidence.
Maruti Suzuki India Ltd scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.
- 1Mahindra & Mahindra LtdM&M · quiet · favourable · 97% evidence65.6out of 100
How the score adds up
Growth & earnings 25.8/35 · Revenue 26.2% · PAT 35.8% · OPM change −2.6 pp · 100% evidenceCapital efficiency 14.1/25 · ROCE 15.1% · OPM 16.4% · 100% evidenceValuation 17.3/20 · P/E 18.4× · PEG 0.52 · 85% evidenceRelative strength 8.4/20 · RS sector 0.9% · RS bench −9.2% · 1Y −18.6% · 100% evidence · 3 of 12 weeks aheadExact sum: 25.8 + 14.1 + 17.3 + 8.4 = 65.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 2Maruti Suzuki India LtdMARUTI · basing · mixed, leaning good · 82% evidence50.3out of 100
How the score adds up
Growth & earnings 12.6/35 · Revenue 29.6% · PAT −9% · OPM change −3 pp · 100% evidenceCapital efficiency 16.4/25 · ROCE 18.9% · OPM 9% · 100% evidenceValuation 13.8/20 · P/E 26.6× · PEG 1.61 · 85% evidenceRelative strength 7.5/20 · RS sector — · RS bench −13.9% · 1Y −29.6% · 25% evidence · 0 of 12 weeks aheadExact sum: 12.6 + 16.4 + 13.8 + 7.5 = 50.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. - 3Hyundai Motor India LtdHYUNDAI · quiet · mixed, leaning weak · 75% evidence41.9out of 100
How the score adds up
Growth & earnings 5.8/35 · Revenue 8% · PAT −20% · OPM change −4 pp · 100% evidenceCapital efficiency 20.3/25 · ROCE 38.4% · OPM 10% · 100% evidenceValuation 7.7/20 · P/E 33.9× · PEG 2.24 · 50% evidenceRelative strength 8.1/20 · RS sector — · RS bench −3.7% · 1Y −21.6% · 25% evidence · 8 of 12 weeks aheadExact sum: 5.8 + 20.3 + 7.7 + 8.1 = 41.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 4Tata Motors Passenger Vehicles LtdTMPV · quiet · weak · 68% evidence31.3out of 100
How the score adds up
Growth & earnings 12.6/35 · Revenue −5.6% · PAT 100% · OPM change −3 pp · 83% evidenceCapital efficiency 6.5/25 · ROCE 2.7% · OPM 6% · 76% evidenceValuation 10.0/20 · P/E 98.1× · PEG — · 0% evidenceRelative strength 2.2/20 · RS sector −9.3% · RS bench −18.3% · 1Y −35.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 12.6 + 6.5 + 10 + 2.2 = 31.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
How this score is built, and what the marks mean
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
How have Auto (Car Maker) share prices moved?
Mahindra & Mahindra Ltd has the strongest one-year price move in Auto - 4 Wheelers at −18.6%. Hyundai Motor India Ltd leads on relative strength against the NIFTY, at −3.7%. 0 of 4 companies we track are ahead of the index on that measure. Every line covers 313 weekly closes through 30 October 2026.
Price and relative strength
Price · same starting point: 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.
RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
RS vs sector: The same measure taken against Auto - 4 Wheelers itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
1Y
Price of all 4 companies, each started at 100
52 weekly closes
- Mahindra & Mahindra 77
- Hyundai Motor India 82
- Maruti Suzuki India 74
- Tata Motors Passenger 65
- NIFTY 500 92
| Week ending | Mahindra & Mahindra | Hyundai Motor India | Maruti Suzuki India | Tata Motors Passenger | NIFTY 500 |
|---|---|---|---|---|---|
| 7 Nov 2025 | 100 | 100 | 100 | 100 | 100 |
| 14 Nov 2025 | 100 | 101 | 101 | 96 | 100 |
| 21 Nov 2025 | 102 | 100 | 103 | 89 | 101 |
| 28 Nov 2025 | 102 | 100 | 103 | 88 | 100 |
| 5 Dec 2025 | 101 | 99 | 105 | 87 | 98 |
| 12 Dec 2025 | 100 | 101 | 107 | 86 | 99 |
| 19 Dec 2025 | 98 | 100 | 106 | 87 | 100 |
| 26 Dec 2025 | 98 | 100 | 107 | 88 | 100 |
| 2 Jan 2026 | 103 | 98 | 110 | 91 | 101 |
| 9 Jan 2026 | 100 | 97 | 107 | 87 | 99 |
| 16 Jan 2026 | 99 | 101 | 103 | 87 | 95 |
| 23 Jan 2026 | 96 | 97 | 100 | 85 | 97 |
| 30 Jan 2026 | 91 | 94 | 92 | 85 | 98 |
| 6 Feb 2026 | 97 | 94 | 97 | 91 | 98 |
| 13 Feb 2026 | 96 | 94 | 98 | 94 | 98 |
| 20 Feb 2026 | 93 | 99 | 97 | 93 | 97 |
| 27 Feb 2026 | 92 | 93 | 96 | 94 | 94 |
| 6 Mar 2026 | 90 | 90 | 92 | 87 | 90 |
| 13 Mar 2026 | 79 | 87 | 81 | 77 | 90 |
| 20 Mar 2026 | 83 | 84 | 81 | 77 | 88 |
| 27 Mar 2026 | 82 | 78 | 80 | 75 | 88 |
| 3 Apr 2026 | 82 | – | – | 75 | 94 |
| 10 Apr 2026 | 88 | – | – | 84 | 96 |
| 17 Apr 2026 | 87 | 82 | 87 | 89 | 95 |
| 24 Apr 2026 | 82 | 77 | 84 | 86 | 95 |
| 1 May 2026 | 84 | 78 | 86 | 84 | 97 |
| 8 May 2026 | 90 | 80 | 89 | 88 | 95 |
| 15 May 2026 | 85 | 79 | 85 | 88 | 95 |
| 22 May 2026 | 84 | 80 | 84 | 90 | 95 |
| 29 May 2026 | 83 | 83 | 85 | 97 | 94 |
| 5 Jun 2026 | 82 | 82 | 84 | 98 | 95 |
| 12 Jun 2026 | 83 | 86 | 86 | 96 | 97 |
| 19 Jun 2026 | 83 | 85 | 87 | 89 | 97 |
| 26 Jun 2026 | 86 | 85 | 89 | 87 | 98 |
| 3 Jul 2026 | 85 | 86 | 93 | 85 | 98 |
| 10 Jul 2026 | 85 | 85 | 90 | 83 | 98 |
| 17 Jul 2026 | 86 | 86 | 89 | 83 | 96 |
| 24 Jul 2026 | 86 | 84 | 87 | 80 | 98 |
| 31 Jul 2026 | 92 | 94 | 92 | 84 | 100 |
| 7 Aug 2026 | 95 | 95 | 91 | 86 | 99 |
| 14 Aug 2026 | 93 | 95 | 89 | 83 | 99 |
| 21 Aug 2026 | 93 | 95 | 88 | 78 | 99 |
| 28 Aug 2026 | 90 | 98 | 86 | 79 | 98 |
| 4 Sep 2026 | 86 | 95 | 82 | 77 | 96 |
| 11 Sep 2026 | 84 | 94 | 80 | 74 | 96 |
| 18 Sep 2026 | 83 | 95 | 78 | 75 | 95 |
| 25 Sep 2026 | 82 | 91 | 78 | 72 | 92 |
| 2 Oct 2026 | 78 | 87 | 74 | 69 | 92 |
| 9 Oct 2026 | 76 | 83 | 74 | 69 | 93 |
| 16 Oct 2026 | 79 | 85 | 74 | 71 | 93 |
| 23 Oct 2026 | 78 | 80 | 73 | 65 | 90 |
| 30 Oct 2026 | 77 | 82 | 74 | 65 | 92 |
3Y
Price of all 4 companies, each started at 100
156 weekly closes, every 2nd shown
- Mahindra & Mahindra 186
- Hyundai Motor India 104
- Maruti Suzuki India 109
- Tata Motors Passenger 67
- NIFTY 500 125
| Week ending | Mahindra & Mahindra | Hyundai Motor India | Maruti Suzuki India | Tata Motors Passenger | NIFTY 500 |
|---|---|---|---|---|---|
| 10 Nov 2023 | 100 | – | 100 | 100 | 100 |
| 17 Nov 2023 | 104 | – | 101 | 104 | 101 |
| 1 Dec 2023 | 107 | – | 102 | 108 | 107 |
| 15 Dec 2023 | 113 | – | 99 | 112 | 107 |
| 29 Dec 2023 | 113 | – | 99 | 119 | 111 |
| 12 Jan 2024 | 106 | – | 96 | 125 | 111 |
| 26 Jan 2024 | 107 | – | 95 | 124 | 113 |
| 9 Feb 2024 | 108 | – | 103 | 140 | 114 |
| 23 Feb 2024 | 127 | – | 111 | 143 | 114 |
| 8 Mar 2024 | 124 | – | 110 | 159 | 112 |
| 22 Mar 2024 | 123 | – | 118 | 150 | 115 |
| 5 Apr 2024 | 132 | – | 119 | 154 | 120 |
| 19 Apr 2024 | 137 | – | 122 | 147 | 118 |
| 3 May 2024 | 144 | – | 120 | 155 | 118 |
| 17 May 2024 | 164 | – | 121 | 146 | 121 |
| 31 May 2024 | 164 | – | 119 | 141 | 120 |
| 14 Jun 2024 | 192 | – | 123 | 152 | 127 |
| 28 Jun 2024 | 188 | – | 115 | 151 | 131 |
| 12 Jul 2024 | 177 | – | 120 | 156 | 133 |
| 26 Jul 2024 | 189 | – | 121 | 171 | 134 |
| 9 Aug 2024 | 180 | – | 117 | 163 | 130 |
| 23 Aug 2024 | 181 | – | 118 | 166 | 135 |
| 6 Sep 2024 | 177 | – | 117 | 161 | 134 |
| 20 Sep 2024 | 193 | – | 121 | 149 | 139 |
| 4 Oct 2024 | 198 | – | 121 | 142 | 135 |
| 18 Oct 2024 | 194 | – | 116 | 139 | 131 |
| 1 Nov 2024 | 185 | 99 | 107 | 129 | 132 |
| 15 Nov 2024 | 184 | 96 | 106 | 119 | 126 |
| 29 Nov 2024 | 194 | 104 | 106 | 120 | 132 |
| 13 Dec 2024 | 202 | 96 | 108 | 121 | 131 |
| 27 Dec 2024 | 200 | 97 | 105 | 115 | 128 |
| 10 Jan 2025 | 203 | 97 | 112 | 119 | 123 |
| 24 Jan 2025 | 184 | 93 | 115 | 112 | 121 |
| 7 Feb 2025 | 210 | 103 | 125 | 108 | 119 |
| 21 Feb 2025 | 175 | 98 | 118 | 103 | 117 |
| 7 Mar 2025 | 179 | 93 | 112 | 99 | 116 |
| 21 Mar 2025 | 184 | 92 | 113 | 108 | 122 |
| 4 Apr 2025 | 170 | 89 | 110 | 94 | 116 |
| 18 Apr 2025 | 176 | 90 | 112 | 95 | 127 |
| 2 May 2025 | 192 | 93 | 119 | 100 | 126 |
| 16 May 2025 | 205 | 101 | 125 | 112 | 130 |
| 30 May 2025 | 195 | 100 | 118 | 110 | 130 |
| 13 Jun 2025 | 197 | 105 | 119 | 109 | 131 |
| 27 Jun 2025 | 210 | 119 | 121 | 105 | 135 |
| 11 Jul 2025 | 201 | 114 | 121 | 104 | 134 |
| 25 Jul 2025 | 213 | 114 | 119 | 105 | 132 |
| 8 Aug 2025 | 206 | 115 | 121 | 97 | 130 |
| 22 Aug 2025 | 223 | 128 | 138 | 104 | 130 |
| 5 Sep 2025 | 233 | 138 | 143 | 106 | 132 |
| 19 Sep 2025 | 235 | 152 | 152 | 108 | 132 |
| 3 Oct 2025 | 227 | 136 | 152 | 110 | 132 |
| 17 Oct 2025 | 239 | 127 | 157 | 100 | 136 |
| 31 Oct 2025 | 229 | 132 | 155 | 104 | 135 |
| 14 Nov 2025 | 242 | 128 | 150 | 99 | 137 |
| 28 Nov 2025 | 246 | 126 | 152 | 90 | 136 |
| 12 Dec 2025 | 241 | 127 | 158 | 88 | 134 |
| 26 Dec 2025 | 237 | 126 | 159 | 91 | 136 |
| 9 Jan 2026 | 241 | 123 | 158 | 90 | 134 |
| 23 Jan 2026 | 232 | 123 | 148 | 87 | 132 |
| 6 Feb 2026 | 234 | 119 | 144 | 94 | 133 |
| 20 Feb 2026 | 224 | 124 | 144 | 96 | 132 |
| 6 Mar 2026 | 218 | 114 | 136 | 89 | 122 |
| 20 Mar 2026 | 201 | 106 | 121 | 80 | 120 |
| 3 Apr 2026 | 197 | – | – | 77 | 128 |
| 17 Apr 2026 | 210 | 103 | 129 | 91 | 129 |
| 1 May 2026 | 203 | 99 | 128 | 87 | 132 |
| 15 May 2026 | 205 | 99 | 127 | 90 | 129 |
| 29 May 2026 | 200 | 104 | 126 | 100 | 128 |
| 12 Jun 2026 | 199 | 108 | 128 | 99 | 132 |
| 26 Jun 2026 | 209 | 107 | 132 | 90 | 133 |
| 10 Jul 2026 | 205 | 108 | 133 | 86 | 133 |
| 24 Jul 2026 | 207 | 106 | 129 | 82 | 134 |
| 7 Aug 2026 | 230 | 119 | 135 | 88 | 135 |
| 21 Aug 2026 | 224 | 120 | 130 | 81 | 134 |
| 4 Sep 2026 | 208 | 120 | 122 | 79 | 131 |
| 18 Sep 2026 | 200 | 120 | 116 | 77 | 129 |
| 2 Oct 2026 | 187 | 110 | 109 | 71 | 125 |
| 16 Oct 2026 | 191 | 108 | 110 | 73 | 127 |
| 30 Oct 2026 | 186 | 104 | 109 | 67 | 125 |
5Y
Price of all 4 companies, each started at 100
260 weekly closes, every 4th shown
- Mahindra & Mahindra 303
- Hyundai Motor India 104
- Maruti Suzuki India 152
- Tata Motors Passenger 87
- NIFTY 500 142
| Week ending | Mahindra & Mahindra | Hyundai Motor India | Maruti Suzuki India | Tata Motors Passenger | NIFTY 500 |
|---|---|---|---|---|---|
| 12 Nov 2021 | 100 | – | 100 | 100 | 100 |
| 3 Dec 2021 | 89 | – | 96 | 95 | 98 |
| 31 Dec 2021 | 89 | – | 99 | 95 | 100 |
| 28 Jan 2022 | 93 | – | 114 | 98 | 99 |
| 25 Feb 2022 | 86 | – | 112 | 91 | 92 |
| 25 Mar 2022 | 82 | – | 99 | 85 | 96 |
| 22 Apr 2022 | 98 | – | 106 | 87 | 96 |
| 20 May 2022 | 96 | – | 101 | 82 | 88 |
| 17 Jun 2022 | 106 | – | 103 | 77 | 84 |
| 15 Jul 2022 | 125 | – | 117 | 87 | 92 |
| 12 Aug 2022 | 134 | – | 116 | 94 | 100 |
| 9 Sep 2022 | 139 | – | 120 | 88 | 101 |
| 7 Oct 2022 | 132 | – | 117 | 81 | 96 |
| 4 Nov 2022 | 143 | – | 123 | 84 | 101 |
| 2 Dec 2022 | 135 | – | 118 | 86 | 103 |
| 30 Dec 2022 | 133 | – | 112 | 77 | 100 |
| 27 Jan 2023 | 141 | – | 117 | 88 | 96 |
| 24 Feb 2023 | 137 | – | 116 | 84 | 95 |
| 24 Mar 2023 | 123 | – | 110 | 82 | 93 |
| 21 Apr 2023 | 129 | – | 114 | 93 | 97 |
| 19 May 2023 | 134 | – | 122 | 104 | 100 |
| 16 Jun 2023 | 150 | – | 128 | 112 | 105 |
| 14 Jul 2023 | 165 | – | 128 | 123 | 110 |
| 11 Aug 2023 | 165 | – | 125 | 121 | 109 |
| 8 Sep 2023 | 167 | – | 138 | 124 | 113 |
| 6 Oct 2023 | 165 | – | 138 | 123 | 113 |
| 3 Nov 2023 | 157 | – | 137 | 128 | 112 |
| 1 Dec 2023 | 173 | – | 142 | 139 | 121 |
| 29 Dec 2023 | 184 | – | 138 | 154 | 125 |
| 26 Jan 2024 | 174 | – | 132 | 160 | 128 |
| 23 Feb 2024 | 206 | – | 154 | 185 | 130 |
| 22 Mar 2024 | 200 | – | 165 | 193 | 130 |
| 19 Apr 2024 | 222 | – | 170 | 190 | 134 |
| 17 May 2024 | 267 | – | 169 | 188 | 137 |
| 14 Jun 2024 | 312 | – | 172 | 196 | 144 |
| 12 Jul 2024 | 288 | – | 168 | 201 | 150 |
| 9 Aug 2024 | 293 | – | 163 | 211 | 147 |
| 6 Sep 2024 | 288 | – | 163 | 207 | 152 |
| 4 Oct 2024 | 322 | – | 169 | 184 | 153 |
| 1 Nov 2024 | 301 | 99 | 149 | 166 | 149 |
| 29 Nov 2024 | 316 | 104 | 148 | 155 | 150 |
| 27 Dec 2024 | 325 | 97 | 146 | 148 | 145 |
| 24 Jan 2025 | 299 | 93 | 160 | 145 | 138 |
| 21 Feb 2025 | 285 | 98 | 165 | 133 | 132 |
| 21 Mar 2025 | 299 | 92 | 157 | 139 | 138 |
| 18 Apr 2025 | 286 | 90 | 156 | 123 | 144 |
| 16 May 2025 | 334 | 101 | 174 | 144 | 147 |
| 13 Jun 2025 | 321 | 105 | 166 | 140 | 148 |
| 11 Jul 2025 | 328 | 114 | 168 | 135 | 152 |
| 8 Aug 2025 | 335 | 115 | 168 | 125 | 147 |
| 5 Sep 2025 | 380 | 138 | 199 | 136 | 149 |
| 3 Oct 2025 | 369 | 136 | 211 | 141 | 150 |
| 31 Oct 2025 | 372 | 132 | 216 | 134 | 153 |
| 28 Nov 2025 | 401 | 126 | 213 | 117 | 154 |
| 26 Dec 2025 | 386 | 126 | 222 | 117 | 155 |
| 23 Jan 2026 | 378 | 123 | 207 | 112 | 149 |
| 20 Feb 2026 | 364 | 124 | 200 | 123 | 150 |
| 20 Mar 2026 | 327 | 106 | 169 | 103 | 136 |
| 17 Apr 2026 | 341 | 103 | 180 | 118 | 146 |
| 15 May 2026 | 333 | 99 | 177 | 116 | 147 |
| 12 Jun 2026 | 325 | 108 | 179 | 127 | 150 |
| 10 Jul 2026 | 334 | 108 | 185 | 110 | 151 |
| 7 Aug 2026 | 373 | 119 | 188 | 113 | 153 |
| 4 Sep 2026 | 338 | 120 | 170 | 102 | 148 |
| 2 Oct 2026 | 305 | 110 | 152 | 91 | 142 |
| 30 Oct 2026 | 303 | 104 | 152 | 87 | 142 |
The NIFTY 500 line is dashed.
Biggest one-year moves
- 1Mahindra & Mahindra LtdM&M · ₹3.5 lakh cr−18.6%1 year
- 2Hyundai Motor India LtdHYUNDAI · ₹1.6 lakh cr−21.6%1 year
- 3Maruti Suzuki India LtdMARUTI · ₹3.6 lakh cr−29.6%1 year
- 4Tata Motors Passenger Vehicles LtdTMPV · ₹97,700 cr−35.3%1 year
Strongest against NIFTY 500
- 1Hyundai Motor India LtdHYUNDAI · ₹1.6 lakh cr−3.7%vs NIFTY 500
- 2Mahindra & Mahindra LtdM&M · ₹3.5 lakh cr−9.2%vs NIFTY 500
- 3Maruti Suzuki India LtdMARUTI · ₹3.6 lakh cr−13.9%vs NIFTY 500
- 4Tata Motors Passenger Vehicles LtdTMPV · ₹97,700 cr−18.3%vs NIFTY 500
Strongest against the sector itself
- 1Mahindra & Mahindra LtdM&M · ₹3.5 lakh cr+0.9%vs sector
- 2Tata Motors Passenger Vehicles LtdTMPV · ₹97,700 cr−9.3%vs sector
What did Auto (Car Maker) managements say about April to June 2026?
4 of 4 Auto - 4 Wheelers companies held a results call for April to June 2026. Tata Motors Passenger Vehicles guided: JLR FY27 full-year guidance retained after Q1; results were described as not inconsistent with it.
Tata Motors Passenger Vehicles call 13 August 2026
“China is very unlikely to get any easier for us. It is probably going to get a little worse before it stabilizes.”Richard Molyneux
Guided: JLR FY27 full-year guidance retained after Q1; results were described as not inconsistent with it.
Maruti Suzuki India call 31 July 2026
“We had predicted this momentum, and that is why we tried to expedite the commissioning of both plants.”Management
Guided: FY27 sales growth remains approximately 10.0%; demand was not revised upward, with supply and plant ramp-up the stated constraints.
Hyundai Motor India call 30 July 2026
“We will take actions as and when required to ensure that we are within the 11.0-14.0% EBITDA range”Tarun Garg
Guided: FY27 domestic volume growth of 8.0-10.0% year-on-year.
Mahindra & Mahindra call 30 July 2026
“We expect to hit a 15.0% EBITDA margin by the end of FY27 and will then discuss the next phase.”Management
Guided: Auto monthly capacity of 60,000 ICE SUVs and 8,000 EVs, or 68,000 total, by September.
From the results calls for April to June 2026.
Is money moving into Auto (Car Maker) stocks? Who is adding capacity?
Big funds, foreign and Indian, kept their stake about the same over the last two quarters. Founders and promoters kept theirs about the same.
- Spending on new plants and equipment was ₹57,444 crore in the last 12 months, 31% less than a year before.
- Projects still being built grew 39% in a year.
- 1 Auto - 4 Wheelers call in the last quarters talked about adding capacity.
Big funds = foreign and Indian institutions, change in their share of ownership across 4 Auto - 4 Wheelers companies, in percentage points.
Ownership and spending as of 10 October 2026.
Which Auto (Car Maker) companies have the most revenue, and which grow fastest?
Tata Motors Passenger Vehicles Ltd has the highest Revenue among the 4 Auto - 4 Wheelers companies compared here, at ₹3,43,703 crore. Mahindra & Mahindra Ltd is next at ₹2,11,376 crore. Maruti Suzuki India Ltd has the highest Revenue growth at 29.6%, so level and change sit with different companies.
What the numbers say: Tata Motors Passenger Vehicles Ltd is the largest at ₹3,43,703 crore, 62.6% ahead of Mahindra & Mahindra Ltd. Maruti Suzuki India Ltd's growth is 29.6% from a ₹2,08,192 crore base, with 20 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.
What this means: Tata Motors Passenger Vehicles Ltd is the size to compare against; Maruti Suzuki India Ltd is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.
This conclusion weakens if: Tata Motors Passenger Vehicles Ltd's growth falls below Maruti Suzuki India 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.
Revenue · company comparison
Revenue, by reported quarter
- Tata Motors Passenger Vehicles ₹95,800 cr
- Mahindra & Mahindra ₹58,700 cr
- Maruti Suzuki India ₹53,400 cr
- Hyundai Motor India ₹20,700 cr
| Quarter | Tata Motors Passenger Vehicles | Mahindra & Mahindra | Maruti Suzuki India | Hyundai Motor India |
|---|---|---|---|---|
| Dec 2021 | — | ₹23,800 cr | ₹23,300 cr | — |
| Mar 2022 | — | ₹26,100 cr | ₹26,700 cr | — |
| Jun 2022 | — | ₹28,600 cr | ₹26,500 cr | — |
| Sep 2022 | — | ₹30,100 cr | ₹29,900 cr | — |
| Dec 2022 | ₹88,500 cr | ₹30,600 cr | ₹29,300 cr | — |
| Mar 2023 | ₹1.1 lakh cr | ₹32,500 cr | ₹32,200 cr | — |
| Jun 2023 | ₹1 lakh cr | ₹33,900 cr | ₹32,500 cr | ₹16,600 cr |
| Sep 2023 | ₹1.1 lakh cr | ₹34,400 cr | ₹37,300 cr | ₹18,700 cr |
| Dec 2023 | ₹1.1 lakh cr | ₹35,300 cr | ₹33,500 cr | ₹16,900 cr |
| Mar 2024 | ₹1.2 lakh cr | ₹35,500 cr | ₹38,500 cr | ₹17,700 cr |
| Jun 2024 | ₹1.1 lakh cr | ₹37,200 cr | ₹35,800 cr | ₹17,300 cr |
| Sep 2024 | ₹83,700 cr | ₹37,900 cr | ₹37,400 cr | ₹17,300 cr |
| Dec 2024 | ₹94,500 cr | ₹41,500 cr | ₹38,800 cr | ₹16,600 cr |
| Mar 2025 | ₹98,400 cr | ₹42,600 cr | ₹40,900 cr | ₹17,900 cr |
| Jun 2025 | ₹87,700 cr | ₹45,500 cr | ₹38,600 cr | ₹16,400 cr |
| Sep 2025 | ₹72,300 cr | ₹46,100 cr | ₹42,300 cr | ₹17,500 cr |
| Dec 2025 | ₹70,100 cr | ₹52,100 cr | ₹49,900 cr | ₹18,000 cr |
| Mar 2026 | ₹1.1 lakh cr | ₹55,000 cr | ₹52,500 cr | ₹18,900 cr |
| Jun 2026 | ₹95,800 cr | ₹58,200 cr | ₹52,500 cr | ₹16,300 cr |
| Sep 2026 | — | ₹58,700 cr | ₹53,400 cr | ₹20,700 cr |
Revenue growth, by reported quarter
- Tata Motors Passenger Vehicles 9.3%
- Mahindra & Mahindra 27%
- Maruti Suzuki India 26%
- Hyundai Motor India 19%
| Quarter | Tata Motors Passenger Vehicles | Mahindra & Mahindra | Maruti Suzuki India | Hyundai Motor India |
|---|---|---|---|---|
| Dec 2021 | — | — | — | — |
| Mar 2022 | — | — | — | — |
| Jun 2022 | — | 48% | 49% | — |
| Sep 2022 | — | 38% | 46% | — |
| Dec 2022 | — | 29% | 26% | — |
| Mar 2023 | — | 25% | 20% | — |
| Jun 2023 | — | 18% | 23% | — |
| Sep 2023 | — | 14% | 25% | — |
| Dec 2023 | 25% | 15% | 15% | — |
| Mar 2024 | 12% | 9.2% | 19% | — |
| Jun 2024 | 4.8% | 9.8% | 10.0% | 4.3% |
| Sep 2024 | −20% | 10% | 0.3% | −7.5% |
| Dec 2024 | −15% | 17% | 16% | −1.4% |
| Mar 2025 | −17% | 20% | 6.4% | 1.5% |
| Jun 2025 | −18% | 22% | 7.9% | −5.4% |
| Sep 2025 | −14% | 22% | 13% | 1.2% |
| Dec 2025 | −26% | 26% | 29% | 8.0% |
| Mar 2026 | 7.2% | 29% | 28% | 5.4% |
| Jun 2026 | 9.3% | 28% | 36% | −0.5% |
| Sep 2026 | — | 27% | 26% | 19% |
4 of 4 companies report revenue, 4 of 4 revenue growth. On every company-comparison chart on this page the five leaders are drawn, level and change on separate charts, and a missing report breaks the line rather than being invented.
Revenue · largest
- 1Tata Motors Passenger Vehicles LtdTMPV₹3.4 lakh cr
- 2Mahindra & Mahindra LtdM&M₹2.1 lakh cr
- 3Maruti Suzuki India LtdMARUTI₹2.1 lakh cr
- 4Hyundai Motor India LtdHYUNDAI₹73,900 cr
Revenue growth · fastest growers
- 1Maruti Suzuki India LtdMARUTI30%
- 2Mahindra & Mahindra LtdM&M26%
- 3Hyundai Motor India LtdHYUNDAI8.0%
- 4Tata Motors Passenger Vehicles LtdTMPV−5.6%
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.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Tata Motors Passenger Vehicles Ltd TMPV | ₹95,800 cr | 9.3% | Jun 2026 |
| Mahindra & Mahindra Ltd M&M | ₹58,700 cr | 27% | Sep 2026 |
| Maruti Suzuki India Ltd MARUTI | ₹53,400 cr | 26% | Sep 2026 |
| Hyundai Motor India Ltd HYUNDAI | ₹20,700 cr | 19% | Sep 2026 |
Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.
What to watch
Watch the next two reported quarters for growth persistence, margin conversion and whether the leader is gaining share without stretching working capital.
Which Auto (Car Maker) companies keep the most from each ₹100 of sales?
Mahindra & Mahindra Ltd has the highest OPM among the 4 Auto - 4 Wheelers companies compared here, at 16.4%. Hyundai Motor India Ltd is next at 10%. The same company also has the highest Margin change, at −2.6 percentage points. 4 of 4 companies report a comparable reading, the latest through Sep 2026.
What the numbers say: Mahindra & Mahindra Ltd leads both opm at 16.4% and margin change at −2.6 percentage points.
What this means: Mahindra & Mahindra Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.
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.
Operating margin · company comparison
OPM, by reported quarter
- Mahindra & Mahindra 16%
- Hyundai Motor India 10%
- Maruti Suzuki India 9.0%
- Tata Motors Passenger Vehicles 6.0%
| Quarter | Mahindra & Mahindra | Hyundai Motor India | Maruti Suzuki India | Tata Motors Passenger Vehicles |
|---|---|---|---|---|
| Dec 2021 | 19% | — | 6.7% | 9.8% |
| Mar 2022 | 16% | — | 9.1% | 11% |
| Jun 2022 | 15% | — | 7.2% | 3.4% |
| Sep 2022 | 17% | — | 9.3% | 7.0% |
| Dec 2022 | 17% | — | 12% | 12% |
| Mar 2023 | 17% | — | 12% | 12% |
| Jun 2023 | 18% | 12% | 11% | 13% |
| Sep 2023 | 17% | 13% | 14% | 13% |
| Dec 2023 | 18% | 13% | 13% | 14% |
| Mar 2024 | 19% | 14% | 14% | 14% |
| Jun 2024 | 19% | 13% | 14% | 14% |
| Sep 2024 | 19% | 13% | 13% | 12% |
| Dec 2024 | 20% | 11% | 13% | 11% |
| Mar 2025 | 19% | 14% | 12% | 15% |
| Jun 2025 | 18% | 13% | 12% | 9.0% |
| Sep 2025 | 19% | 14% | 12% | −1.9% |
| Dec 2025 | 20% | 11% | 11% | 1.2% |
| Mar 2026 | 18% | 10% | 12% | 11% |
| Jun 2026 | 19% | 9.0% | 8.0% | 6.0% |
| Sep 2026 | 16% | 10% | 9.0% | — |
Margin change, by reported quarter
- Mahindra & Mahindra −2.6 pp
- Hyundai Motor India −4.0 pp
- Maruti Suzuki India −3.0 pp
- Tata Motors Passenger Vehicles −3.0 pp
| Quarter | Mahindra & Mahindra | Hyundai Motor India | Maruti Suzuki India | Tata Motors Passenger Vehicles |
|---|---|---|---|---|
| Dec 2021 | +7.5 pp | — | −2.8 pp | −6.2 pp |
| Mar 2022 | +0.7 pp | — | +0.8 pp | −4.5 pp |
| Jun 2022 | +10.3 pp | — | +2.6 pp | −4.5 pp |
| Sep 2022 | −5.8 pp | — | +5.1 pp | +0.3 pp |
| Dec 2022 | −2.2 pp | — | +5.3 pp | +2.2 pp |
| Mar 2023 | +0.5 pp | — | +2.9 pp | +1.4 pp |
| Jun 2023 | +2.5 pp | — | +3.8 pp | +9.7 pp |
| Sep 2023 | +0.0 pp | — | +4.8 pp | +6.0 pp |
| Dec 2023 | +1.0 pp | — | +1.0 pp | +2.0 pp |
| Mar 2024 | +2.0 pp | — | +2.0 pp | +2.0 pp |
| Jun 2024 | +1.0 pp | +1.0 pp | +3.0 pp | +1.0 pp |
| Sep 2024 | +2.0 pp | 0.0 pp | −1.0 pp | −1.0 pp |
| Dec 2024 | +2.0 pp | −2.0 pp | 0.0 pp | −3.0 pp |
| Mar 2025 | 0.0 pp | 0.0 pp | −2.0 pp | +1.0 pp |
| Jun 2025 | −1.0 pp | 0.0 pp | −2.0 pp | −5.0 pp |
| Sep 2025 | 0.0 pp | +1.0 pp | −1.0 pp | −13.9 pp |
| Dec 2025 | 0.0 pp | 0.0 pp | −2.0 pp | −9.8 pp |
| Mar 2026 | −1.0 pp | −4.0 pp | 0.0 pp | −4.0 pp |
| Jun 2026 | +1.0 pp | −4.0 pp | −4.0 pp | −3.0 pp |
| Sep 2026 | −2.6 pp | −4.0 pp | −3.0 pp | — |
4 of 4 companies report OPM, 4 of 4 margin change.
OPM · highest
- 1Mahindra & Mahindra LtdM&M16%
- 2Hyundai Motor India LtdHYUNDAI10%
- 3Maruti Suzuki India LtdMARUTI9.0%
- 4Tata Motors Passenger Vehicles LtdTMPV6.0%
Margin change · fastest expanders
- 1Mahindra & Mahindra LtdM&M−2.6 pp
- 2Maruti Suzuki India LtdMARUTI−3.0 pp
- 3Tata Motors Passenger Vehicles LtdTMPV−3.0 pp
- 4Hyundai Motor India LtdHYUNDAI−4.0 pp
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Mahindra & Mahindra Ltd M&M | 16% | −2.6 pp | Sep 2026 |
| Hyundai Motor India Ltd HYUNDAI | 10% | −4.0 pp | Sep 2026 |
| Maruti Suzuki India Ltd MARUTI | 9.0% | −3.0 pp | Sep 2026 |
| Tata Motors Passenger Vehicles Ltd TMPV | 6.0% | −3.0 pp | Jun 2026 |
What to watch
Watch whether the next two comparable periods confirm the current margin change rather than reversing it.
Which Auto (Car Maker) companies earn the most profit?
Tata Motors Passenger Vehicles Ltd has the highest Net profit among the 4 Auto - 4 Wheelers companies compared here, at ₹79,502 crore. Mahindra & Mahindra Ltd is next at ₹20,243 crore. The same company also has the highest Profit growth, at the 100% top of the scoring scale.
What the numbers say: Tata Motors Passenger Vehicles Ltd earns the most, ₹79,502 crore of profit over the last 12 months, 292.7% above Mahindra & Mahindra Ltd. Tata Motors Passenger Vehicles Ltd shows at least 100% on the scoring scale (268.7% in full) growth from a profit base of ₹79,502 crore. A fast rate from a small base matters less than a large profit that keeps coming.
What this means: Tata Motors Passenger Vehicles Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.
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 profit · company comparison
Net profit, by reported quarter
- Tata Motors Passenger Vehicles ₹859 cr
- Mahindra & Mahindra ₹5,170 cr
- Maruti Suzuki India ₹2,470 cr
- Hyundai Motor India ₹1,200 cr
| Quarter | Tata Motors Passenger Vehicles | Mahindra & Mahindra | Maruti Suzuki India | Hyundai Motor India |
|---|---|---|---|---|
| Dec 2021 | — | ₹2,490 cr | ₹1,040 cr | — |
| Mar 2022 | — | ₹2,610 cr | ₹1,880 cr | — |
| Jun 2022 | — | ₹2,360 cr | ₹1,040 cr | — |
| Sep 2022 | — | ₹3,020 cr | ₹2,110 cr | — |
| Dec 2022 | ₹3,040 cr | ₹2,990 cr | ₹2,410 cr | — |
| Mar 2023 | ₹5,500 cr | ₹3,000 cr | ₹2,690 cr | — |
| Jun 2023 | ₹3,300 cr | ₹3,680 cr | ₹2,540 cr | ₹1,330 cr |
| Sep 2023 | ₹3,830 cr | ₹2,480 cr | ₹3,790 cr | ₹1,630 cr |
| Dec 2023 | ₹7,150 cr | ₹2,980 cr | ₹3,210 cr | ₹1,430 cr |
| Mar 2024 | ₹17,500 cr | ₹3,130 cr | ₹3,950 cr | ₹1,680 cr |
| Jun 2024 | ₹10,600 cr | ₹3,550 cr | ₹3,760 cr | ₹1,490 cr |
| Sep 2024 | ₹3,520 cr | ₹3,360 cr | ₹3,100 cr | ₹1,380 cr |
| Dec 2024 | ₹5,480 cr | ₹3,620 cr | ₹3,730 cr | ₹1,160 cr |
| Mar 2025 | ₹8,560 cr | ₹3,540 cr | ₹3,910 cr | ₹1,610 cr |
| Jun 2025 | ₹4,000 cr | ₹4,380 cr | ₹3,790 cr | ₹1,370 cr |
| Sep 2025 | ₹76,200 cr | ₹3,960 cr | ₹3,350 cr | ₹1,570 cr |
| Dec 2025 | −₹3,480 cr | ₹5,020 cr | ₹3,880 cr | ₹1,230 cr |
| Mar 2026 | ₹5,880 cr | ₹5,260 cr | ₹3,660 cr | ₹1,260 cr |
| Jun 2026 | ₹859 cr | ₹6,000 cr | ₹3,450 cr | ₹889 cr |
| Sep 2026 | — | ₹5,170 cr | ₹2,470 cr | ₹1,200 cr |
Profit growth, by reported quarter
- Tata Motors Passenger Vehicles −79%
- Mahindra & Mahindra 30%
- Maruti Suzuki India −26%
- Hyundai Motor India −24%
| Quarter | Tata Motors Passenger Vehicles | Mahindra & Mahindra | Maruti Suzuki India | Hyundai Motor India |
|---|---|---|---|---|
| Dec 2021 | — | — | — | — |
| Mar 2022 | — | — | — | — |
| Jun 2022 | — | — | 118% | — |
| Sep 2022 | — | 21% | 334% | — |
| Dec 2022 | — | 20% | 131% | — |
| Mar 2023 | — | 15% | 43% | — |
| Jun 2023 | — | 56% | 145% | — |
| Sep 2023 | — | −18% | 79% | — |
| Dec 2023 | 135% | −0.6% | 33% | — |
| Mar 2024 | 219% | 4.2% | 47% | — |
| Jun 2024 | 221% | −3.8% | 48% | 12% |
| Sep 2024 | −8.1% | 35% | −18% | −16% |
| Dec 2024 | −23% | 22% | 16% | −19% |
| Mar 2025 | −51% | 13% | −1.0% | −3.8% |
| Jun 2025 | −62% | 23% | 0.9% | −8.1% |
| Sep 2025 | 2,066% | 18% | 8.0% | 14% |
| Dec 2025 | −164% | 39% | 4.1% | 6.3% |
| Mar 2026 | −31% | 49% | −6.4% | −22% |
| Jun 2026 | −79% | 37% | −9.1% | −35% |
| Sep 2026 | — | 30% | −26% | −24% |
4 of 4 companies report net profit, 4 of 4 profit growth. The profit growth chart is drawn inside its usual range; a quarter far outside it (often a first quarter after listing or a near-zero base) is marked with an arrow at the edge, with its exact value in the hover card and the table.
Net profit · largest
- 1Tata Motors Passenger Vehicles LtdTMPV₹79,500 cr
- 2Mahindra & Mahindra LtdM&M₹20,200 cr
- 3Maruti Suzuki India LtdMARUTI₹13,500 cr
- 4Hyundai Motor India LtdHYUNDAI₹4,580 cr
Profit growth · fastest growers
- 1Tata Motors Passenger Vehicles LtdTMPV100%
- 2Mahindra & Mahindra LtdM&M36%
- 3Maruti Suzuki India LtdMARUTI−9.0%
- 4Hyundai Motor India LtdHYUNDAI−20%
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Mahindra & Mahindra Ltd M&M | ₹5,170 cr | 30% | Sep 2026 |
| Maruti Suzuki India Ltd MARUTI | ₹2,470 cr | −26% | Sep 2026 |
| Hyundai Motor India Ltd HYUNDAI | ₹1,200 cr | −24% | Sep 2026 |
| Tata Motors Passenger Vehicles Ltd TMPV | ₹859 cr | −79% | Jun 2026 |
What to watch
Watch whether the next two comparable periods confirm the current profit growth rather than reversing it.
Which Auto (Car Maker) companies earn the best return on capital?
Hyundai Motor India Ltd has the highest ROCE among the 4 Auto - 4 Wheelers companies compared here, at 38.4%. Maruti Suzuki India Ltd is next at 18.9%. Mahindra & Mahindra Ltd has the highest ROCE change at +2.3 percentage points, so level and change sit with different companies. Its ROCE series carries 12 reported observations across the 20-quarter window.
What the numbers say: Hyundai Motor India Ltd leads ROCE at 38.4%, 19.5 percentage points above Maruti Suzuki India Ltd. A high return reported once may be one good year; a high return reported year after year shows a lasting business.
What this means: Hyundai Motor India Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.
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.
Return on capital · company comparison
ROCE, by reported quarter
- Hyundai Motor India 24%
- Maruti Suzuki India 12%
- Mahindra & Mahindra 18%
| Quarter | Hyundai Motor India | Maruti Suzuki India | Mahindra & Mahindra |
|---|---|---|---|
| Dec 2021 | — | — | — |
| Mar 2022 | — | 5.1% | 10% |
| Jun 2022 | — | — | — |
| Sep 2022 | — | — | 12% |
| Dec 2022 | — | — | — |
| Mar 2023 | — | 11% | 13% |
| Jun 2023 | — | — | — |
| Sep 2023 | — | 16% | 13% |
| Dec 2023 | 22% | 25% | 17% |
| Mar 2024 | 52% | 15% | 14% |
| Jun 2024 | 49% | 23% | 16% |
| Sep 2024 | 44% | 16% | 14% |
| Dec 2024 | 40% | 25% | 17% |
| Mar 2025 | 37% | 14% | 14% |
| Jun 2025 | 45% | 21% | 17% |
| Sep 2025 | 35% | 13% | 15% |
| Dec 2025 | 44% | 19% | 18% |
| Mar 2026 | 29% | 13% | 17% |
| Jun 2026 | 32% | 18% | 19% |
| Sep 2026 | 24% | 12% | 18% |
ROCE change, by reported quarter
- Hyundai Motor India −11.8 pp
- Maruti Suzuki India −1.0 pp
- Mahindra & Mahindra +2.3 pp
| Quarter | Hyundai Motor India | Maruti Suzuki India | Mahindra & Mahindra |
|---|---|---|---|
| Dec 2021 | — | — | — |
| Mar 2022 | — | — | — |
| Jun 2022 | — | — | — |
| Sep 2022 | — | — | — |
| Dec 2022 | — | — | — |
| Mar 2023 | — | +5.4 pp | +2.4 pp |
| Jun 2023 | — | — | — |
| Sep 2023 | — | — | +1.0 pp |
| Dec 2023 | — | — | — |
| Mar 2024 | — | +4.6 pp | +1.0 pp |
| Jun 2024 | — | — | — |
| Sep 2024 | — | −0.5 pp | +0.7 pp |
| Dec 2024 | +18.2 pp | −0.6 pp | +0.4 pp |
| Mar 2025 | −15.0 pp | −0.8 pp | +0.6 pp |
| Jun 2025 | −4.6 pp | −2.1 pp | +0.8 pp |
| Sep 2025 | −8.9 pp | −2.7 pp | +1.2 pp |
| Dec 2025 | +3.4 pp | −5.2 pp | +0.7 pp |
| Mar 2026 | −8.0 pp | −1.1 pp | +2.8 pp |
| Jun 2026 | −12.4 pp | −3.2 pp | +2.0 pp |
| Sep 2026 | −11.8 pp | −1.0 pp | +2.3 pp |
4 of 4 companies report ROCE, 4 of 4 ROCE change.
Withheld from this chart: Tata Motors Passenger Vehicles Ltd (TMPV): its two data sources disagree by up to 46% on reported income across 13 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.
ROCE · highest
- 1Hyundai Motor India LtdHYUNDAI38%
- 2Maruti Suzuki India LtdMARUTI19%
- 3Mahindra & Mahindra LtdM&M15%
- 4Tata Motors Passenger Vehicles LtdTMPV2.7%
ROCE change · fastest improvers
- 1Mahindra & Mahindra LtdM&M+2.3 pp
- 2Maruti Suzuki India LtdMARUTI−1.0 pp
- 3Hyundai Motor India LtdHYUNDAI−11.8 pp
- 4Tata Motors Passenger Vehicles LtdTMPV−13.0 pp
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Hyundai Motor India Ltd HYUNDAI | 24% | −11.8 pp | Sep 2026 |
| Mahindra & Mahindra Ltd M&M | 18% | +2.3 pp | Sep 2026 |
| Maruti Suzuki India Ltd MARUTI | 12% | −1.0 pp | Sep 2026 |
What to watch
Watch whether the next two comparable periods confirm the current roce change rather than reversing it.
How are Auto (Car Maker) stocks valued against growth and quality?
Mahindra & Mahindra Ltd has the lowest PEG among the 4 Auto - 4 Wheelers companies compared here, at 0.52×. Maruti Suzuki India Ltd is next at 1.61×. The same company also has the lowest P/E, at 18.4×. 3 of 4 companies report a comparable reading, the latest through Sep 2026.
What the numbers say: Mahindra & Mahindra Ltd has the lowest comparable PEG at 0.52×, 67.7% below Maruti Suzuki India Ltd. That would need today's multiple, the company's own history and steady growth to agree.
What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.
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 worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. 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.
Valuation · company comparison
PEG, by reported quarter
- Mahindra & Mahindra 0.5
- Maruti Suzuki India 1.6
| Quarter | Mahindra & Mahindra | Maruti Suzuki India |
|---|---|---|
| Dec 2021 | — | — |
| Mar 2022 | — | — |
| Jun 2022 | — | — |
| Sep 2022 | — | — |
| Dec 2022 | — | — |
| Mar 2023 | — | — |
| Jun 2023 | — | — |
| Sep 2023 | 0.4 | — |
| Dec 2023 | — | — |
| Mar 2024 | — | — |
| Jun 2024 | — | — |
| Sep 2024 | 2.0 | 0.6 |
| Dec 2024 | 3.3 | — |
| Mar 2025 | — | 1.6 |
| Jun 2025 | 2.1 | — |
| Sep 2025 | 1.2 | — |
| Dec 2025 | 1.5 | — |
| Mar 2026 | — | — |
| Jun 2026 | 0.6 | — |
| Sep 2026 | 0.5 | — |
P/E, by reported quarter
- Mahindra & Mahindra 19.7×
- Maruti Suzuki India 26.5×
- Hyundai Motor India 34.7×
| Quarter | Mahindra & Mahindra | Maruti Suzuki India | Hyundai Motor India |
|---|---|---|---|
| Dec 2021 | 31.6× | 53.4× | — |
| Mar 2022 | 21.9× | 69.0× | — |
| Jun 2022 | 21.2× | 65.1× | — |
| Sep 2022 | 19.6× | 60.0× | — |
| Dec 2022 | 18.6× | 41.8× | — |
| Mar 2023 | 16.3× | 33.7× | — |
| Jun 2023 | 19.2× | 35.9× | — |
| Sep 2023 | 18.0× | 32.9× | — |
| Dec 2023 | 19.9× | 28.4× | — |
| Mar 2024 | 21.5× | 32.4× | — |
| Jun 2024 | 31.6× | 28.1× | — |
| Sep 2024 | 35.9× | 28.9× | — |
| Dec 2024 | 32.0× | 24.5× | 24.1× |
| Mar 2025 | 26.8× | 24.9× | 22.9× |
| Jun 2025 | 30.8× | 27.4× | 31.6× |
| Sep 2025 | 30.4× | 35.2× | 38.9× |
| Dec 2025 | 31.3× | 35.3× | 33.0× |
| Mar 2026 | 23.4× | 26.1× | 25.5× |
| Jun 2026 | 22.3× | 29.4× | 29.5× |
| Sep 2026 | 19.7× | 26.5× | 34.7× |
3 of 4 companies report PEG, 4 of 4 P/E.
PEG · lowest PEG
- 1Mahindra & Mahindra LtdM&M0.5
- 2Maruti Suzuki India LtdMARUTI1.6
- 3Hyundai Motor India LtdHYUNDAI2.2
P/E · lowest P/E
- 1Mahindra & Mahindra LtdM&M18.4×
- 2Maruti Suzuki India LtdMARUTI26.6×
- 3Hyundai Motor India LtdHYUNDAI33.9×
- 4Tata Motors Passenger Vehicles LtdTMPV98.1×
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Maruti Suzuki India Ltd MARUTI | 1.6 | 26.5× | Sep 2026 |
| Mahindra & Mahindra Ltd M&M | 0.5 | 19.7× | Sep 2026 |
| Hyundai Motor India Ltd HYUNDAI | — | 34.7× | Sep 2026 |
| Tata Motors Passenger Vehicles Ltd TMPV | — | 1.5× | Jun 2026 |
What to watch
Watch whether the next two comparable periods confirm the current p/e rather than reversing it.
Which stock lists do Auto (Car Maker) companies appear on?
Auto - 4 Wheelers companies show up on 3 of our India lists. The most are on the nifty 50 companies list (3 companies).
What can make this comparison misleading?
This Auto - 4 Wheelers comparison names 5 specific ways its own evidence can mislead, all listed below. All 4 companies here report on comparable dates, so no rank carries a stale marker. 1 has second-source figures left out because the two sources disagree. A high growth rate can still come from a very small starting figure.
Keep these limits visible
- A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
- A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
- The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company is missing from the second-source figures on purpose: the two sources disagree, so nothing from the second is drawn. Those rows have less evidence; that does not make the business weaker.
How was this comparison built?
This comparison is built from the reported filings of 4 Auto - 4 Wheelers companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 30 October 2026.
1 of 4 companies has a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Tata Motors Passenger Vehicles Ltd (TMPV): its two data sources disagree by up to 46% on reported income across 13 comparable periods, so its derived ratios are withheld.
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 are simply used. 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.
What else do people ask about Auto (Car Maker) stocks?
These 23 answers restate the Auto - 4 Wheelers 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 Sep 2026. Price and relative-strength answers run through 30 October 2026. Nothing here is estimated, and none of it is a recommendation.
Is the Auto (Car Maker) sector outperforming NIFTY 500?
Auto - 4 Wheelers has done worse than the NIFTY 500 by 17.7% over 52 weeks and by 10.7% over 13 weeks.
0 of 4 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months), and 1 of the 2 with a long enough price history is ahead of the industry itself.
Which Auto (Car Maker) company is largest by revenue?
Tata Motors Passenger Vehicles Ltd leads with revenue of ₹3,43,703 crore, based on 4 of 4 comparable companies through Jun 2026.
Which Auto (Car Maker) company is growing fastest?
Maruti Suzuki India Ltd has the fastest current revenue growth at 29.6%, across 4 of 4 comparable companies.
Which Auto (Car Maker) company has the strongest 4-Factor Sector Score?
Mahindra & Mahindra Ltd ranks first at 65.6 out of 100, with 97% of the evidence available. The score ranks published data; it is not a recommendation.
Which Auto (Car Maker) company has the lowest comparable PEG?
Mahindra & Mahindra Ltd has the lowest comparable PEG at 0.52, among 3 of 4 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Auto (Car Maker) comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Sep 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four parts add up 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 old evidence moves only that part toward the middle.
Is there a Nifty Auto (Car Maker) index?
NSE runs Nifty indices for several broad sectors, such as Nifty Bank, Nifty IT and Nifty Pharma, but not for every smaller group on this site.
Whether or not an official Nifty index covers Auto - 4 Wheelers, this page builds its own equal-weight basket of 4 listed Auto - 4 Wheelers companies: one company, one vote, whatever its size, so no single large company dominates. Figures are as of Sep 2026.
Which are the best Auto (Car Maker) stocks in India?
Ranked by this page's four-factor score, Mahindra & Mahindra Ltd comes first among 4 listed Auto - 4 Wheelers companies, followed by Maruti Suzuki India Ltd. That is a ranking of published data (earnings, quality, valuation and share-price behaviour as of Sep 2026), not a recommendation.
How many Auto (Car Maker) stocks are listed in India?
This comparison covers 4 listed Auto - 4 Wheelers 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 Sep 2026.
Which Auto (Car Maker) company is the biggest?
Tata Motors Passenger Vehicles Ltd is the largest, with revenue of ₹3,43,703 crore over the last 12 months, ahead of Mahindra & Mahindra Ltd at ₹2,11,376 crore. That covers 4 of 4 companies with comparable reporting through Jun 2026.
Which Auto (Car Maker) company has the best profit margins?
Mahindra & Mahindra Ltd has the highest operating margin at 16.4%, from 4 of 4 comparable companies. Mahindra & Mahindra Ltd shows the biggest recent improvement, at −2.6 percentage points. A high margin matters most when it is steady or rising, not when it is at a peak.
Which Auto (Car Maker) company makes the most profit?
Tata Motors Passenger Vehicles Ltd earns the most, at ₹79,502 crore of net profit over the last 12 months, from 4 of 4 comparable companies.
Tata Motors Passenger Vehicles Ltd has the fastest profit growth at the 100% cap of the scoring scale, though growth off a small or recovering profit base overstates how much has actually changed.
Which Auto (Car Maker) company earns the highest return on capital?
Hyundai Motor India Ltd leads on return on capital employed at 38.4%, across 4 of 4 companies. A high return that repeats for years shows a lasting business, while a single high reading can come from a small capital base or one good year.
Which Auto (Car Maker) stock has the lowest PEG ratio?
On PEG (where a lower number means a lower price for what the company earns), Mahindra & Mahindra Ltd has the lowest at 0.52×.
Only 3 of 4 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a ranking of the whole industry. A low multiple is a reason to look closer at the business, not a conclusion on its own.
Is the Auto (Car Maker) sector beating the market?
Auto - 4 Wheelers has done worse than the NIFTY 500 by 17.7% over the last 52 weeks and by 10.7% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of the 4 companies we track are beating the market on their own.
Sector strength does not transfer evenly to every stock in it.
Which Auto (Car Maker) stock has the strongest price momentum?
Hyundai Motor India Ltd has the strongest relative strength against the NIFTY 500, meaning its share price has done best against the index. A price can move well before the business results back it up, and sometimes without them.
Which Auto (Car Maker) company has the highest 4-Factor score?
Mahindra & Mahindra Ltd scores 65.6 out of 100, with 97% of the evidence available, from 25.8 points on growth and earnings, 14.1 on capital efficiency, 17.3 on valuation and 8.4 on relative strength.
It ranks published data only; management quality, upcoming events and risks are not part of the score.
How many Auto (Car Maker) companies does this comparison cover, and over what period?
This comparison covers 4 listed companies over up to 20 reported quarters of fundamentals, ending Sep 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 (Car Maker) sector?
The 4 Auto - 4 Wheelers companies on this page carry ₹9,64,548 crore of combined market value. Maruti Suzuki India Ltd is the largest at ₹3,58,325 crore, about 37% of the sector's total on its own. Market value moves with price, so this reading is dated 30 October 2026.
How is the Auto (Car Maker) sector performing?
0 of the 4 Auto - 4 Wheelers companies we track are doing better than the NIFTY 500 on relative strength (how a share price has done against the index over recent months).
The sector itself is 17.7% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 30 October 2026.
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 figures are never estimated, copied forward or swapped for a similar-looking line, and a company with missing evidence has its score pulled toward the middle rather than scored as bad.
Is this advice?
No, every figure here is worked out by code from company filings and market data, for research. It does not account for your situation and is not a substitute for advice from a registered adviser.
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Sector Alpha, written by code from the published numbers · Fundamentals through Sep 2026 · Prices through 30 October 2026. Every ranking is worked out by code from reported figures. Missing values stay missing.
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