3 Auto Parts and Dealership Stocks With a Strong Future Roadmap: Munjal Auto Industries, Belrise Industries and Landmark Cars
- October 12, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Munjal Auto Rs 101.32, P/E 18.33. Belrise Rs 234.17, P/E 44.80. Landmark Cars Rs 464.70, P/E 42.79. Closing prices of 9 Oct 2026.
Quick Answer
Auto parts and dealership stocks with the clearest long-term roadmaps today include Munjal Auto in two-wheeler parts, Belrise in chassis and suspension parts and Landmark Cars in car dealership network. FY26 revenue growth was 10.9% at Munjal Auto, 15.2% at Belrise and 21.7% at Landmark Cars. P/E stands at 18.33 for Munjal Auto (industry 37.01), 44.80 for Belrise (industry 37.01) and 42.79 for Landmark Cars (industry 66.59). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company’s risks need equal attention.
Auto parts and dealership stocks give investors exposure to two-wheeler parts, chassis components and car dealerships. Vehicle volumes, customer orders and service income decide how much of that demand turns into profit.
This list covers three auto parts and dealership stocks: Munjal Auto Industries for two-wheeler parts, Belrise Industries for chassis and suspension parts and Landmark Cars for car dealership network. Every figure comes from the latest reported financials and the 9 October 2026 market close. Companies without complete current figures were left out.
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What Are Auto Parts and Dealership Stocks?
Auto parts and dealership stocks are shares of companies that make vehicle parts or sell and service cars. Results depend on vehicle volumes, customer orders and service income, so margin stability and volume growth separate the stronger names.
Auto Parts and Dealership Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three auto parts and dealership stocks as of the 9 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| Munjal Auto Industries | 101.32 | 1,016 | 18.33 | 37.01 | 7.74% | 0.95 |
| Belrise Industries | 234.17 | 22,704 | 44.80 | 37.01 | 9.51% | 0.29 |
| Landmark Cars | 464.70 | 1,938 | 42.79 | 66.59 | 6.38% | 1.50 |
Among automobile stocks, Belrise trades at a premium to the industry P/E, while Munjal Auto and Landmark Cars trade at a discount.
Why Do Auto Parts and Dealership Stocks Have a Strong Roadmap in India?
Auto parts and dealership stocks have a strong roadmap in India because vehicle sales are recovering, makers are sourcing more parts locally and car owners spend steadily on service and spares. Three drivers stand out.
- Vehicle volume recovery: Two-wheeler and car sales drive orders for parts and dealerships.
- Local sourcing: Vehicle makers are working with domestic suppliers for chassis and body parts.
- Service and spare parts: Dealerships earn steady income from service and parts.
Munjal Auto Industries: Two-Wheeler Parts Build the Next Leg
Munjal Auto’s roadmap rests on two-wheeler frames, wheels and plastic parts supplied to leading two-wheeler makers, with two-wheeler demand supporting volumes.
Revenue grew from Rs 1,921.13 crore in FY22 to Rs 2,325.62 crore in FY26, a 21.1% rise, and FY26 revenue was 10.9% higher than FY25. FY26 net profit rose 18.1% to Rs 46.15 crore. Over four years, net profit rose from Rs 29.61 crore in FY22 to Rs 46.15 crore. In Q1 FY27, revenue grew 42.8% to Rs 719.39 crore, and net profit rose 47.6% to Rs 28.50 crore. Operating margin was 6.40% in FY26 and 9.21% in Q1 FY27 against 10.60% a year earlier.
Debt to equity is 0.95 and return on equity is 7.74%. FY26 operating cash flow was Rs 44.67 crore against capital expenditure of Rs 73.33 crore. Munjal Auto paid a dividend of Rs 1 per share for FY26, a yield of 0.98%. At a P/E of 18.33 against an industry P/E of 37.01, the stock trades below its industry multiple.
What to watch: Return on equity of 7.74% is modest, and net profit margin is only 2.0%, so small cost changes move earnings.
Belrise Industries: Chassis and Suspension Parts Drive the Pipeline
Belrise’s roadmap rests on sheet metal, suspension and chassis parts for two-wheelers, three-wheelers and commercial vehicles, with vehicle demand supporting volumes.
Revenue grew from Rs 5,410.68 crore in FY22 to Rs 9,618.86 crore in FY26, a 77.8% rise, and FY26 revenue was 15.2% higher than FY25. FY26 net profit rose 39.8% to Rs 496.86 crore. Over four years, net profit rose from Rs 261.85 crore in FY22 to Rs 496.86 crore. In Q1 FY27, revenue grew 11.9% to Rs 2,564.86 crore, and net profit rose 8.9% to Rs 121.67 crore. Operating margin was 13.23% in FY26 and 12.24% in Q1 FY27 against 13.68% a year earlier.
Debt to equity is 0.29 and return on equity is 9.51%. FY26 operating cash flow was Rs 875.60 crore against capital expenditure of Rs 617.80 crore. Belrise paid a dividend of Rs 0.55 per share for FY26, a yield of 0.22%. At a P/E of 44.80 against an industry P/E of 37.01, the stock trades above its industry multiple.
What to watch: Q1 FY27 operating margin was 12.24% against 13.23% for FY26, so margin stability is the figure to follow as volumes grow.
Landmark Cars: Car Dealerships Build the Next Leg
Landmark Cars’ roadmap rests on passenger car dealerships with sales, service and spare parts operations, with premium car sales and service income supporting revenue.
Revenue grew from Rs 2,989.12 crore in FY22 to Rs 4,914.38 crore in FY26, a 64.4% rise, and FY26 revenue was 21.7% higher than FY25. FY26 net profit was Rs 37.31 crore. In Q1 FY27, revenue grew 22.4% to Rs 1,305.60 crore.
Debt to equity is 1.50 and return on equity is 6.38%. The dividend yield is 0.32%. At a P/E of 42.79 against an industry P/E of 66.59, the stock trades below its industry multiple.
What to watch: Return on equity of 6.38% is modest, and debt to equity of 1.50 is on the higher side.
Best Auto Parts and Dealership Stocks in India: Munjal Auto vs Belrise vs Landmark Cars on Key Financials
Among the best auto parts and dealership stocks in India, Munjal Auto leads on Q1 FY27 revenue growth and the lowest P/E; Belrise leads on return on equity and the lowest debt to equity; Landmark Cars leads on FY26 revenue growth. The table puts the numbers side by side.
| Metric | Munjal Auto | Belrise | Landmark Cars |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 2,325.62 | 9,618.86 | 4,914.38 |
| FY26 revenue growth | 10.9% | 15.2% | 21.7% |
| FY26 net profit (Rs Cr) | 46.15 | 496.86 | 37.31 |
| Q1 FY27 revenue growth (YoY) | 42.8% | 11.9% | 22.4% |
| Return on equity | 7.74% | 9.51% | 6.38% |
| P/E ratio | 18.33 | 44.80 | 42.79 |
| Debt to equity | 0.95 | 0.29 | 1.50 |
| Dividend yield | 0.98% | 0.22% | 0.32% |
Auto earnings follow vehicle volumes, customer orders and service income, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Auto Parts and Dealership Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen auto parts and dealership stocks and shortlist auto parts and dealership stocks to buy.
- Compare each stock’s P/E with its industry P/E, which differs by company here.
- Check customer concentration for parts makers and the mix of sales and service income for dealers, because both shape margin stability.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read operating cash flow against capital expenditure to see how growth is funded.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Check the Univest Screener for live data on these auto parts and dealership stocks
Risks to Consider Before Investing in Auto Parts and Dealership Stocks
- Debt and cash flow: Landmark Cars has debt to equity of 1.50.
- Vehicle cycles: A slowdown in vehicle sales can reduce volumes.
- Input costs: Steel and plastics prices can change margins.
- Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.
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Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.
Comparing a quarter with the same quarter of the previous year gives a cleaner reading than comparing it with the preceding quarter, since seasonal patterns affect many businesses in India.
The shareholding pattern published every quarter shows whether promoters, mutual funds and foreign investors are raising or trimming their holdings, which adds useful context to the financial numbers.
Final Take: Which Stock Has the Strongest Roadmap?
These three automobile stocks cover a two-wheeler parts maker, a chassis and suspension components maker and a car dealership group. Munjal Auto leads on Q1 FY27 revenue growth and the lowest P/E; Belrise leads on return on equity and the lowest debt to equity; Landmark Cars leads on FY26 revenue growth.
Across auto parts and dealership stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the auto parts and dealership stocks to buy discussed here.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Auto Parts and Dealership Stocks
Which are the best auto parts and dealership stocks in India with a strong roadmap?
Ans. Munjal Auto Industries, Belrise Industries and Landmark Cars stand out for their roadmaps in a two-wheeler parts maker, a chassis and suspension components maker and a car dealership group. FY26 revenue growth was 10.9% at Munjal Auto, 15.2% at Belrise and 21.7% at Landmark Cars, and return on equity ranges from 6.38% to 9.51%.
Is Munjal Auto Industries a good stock to buy now?
Ans. Munjal Auto Industries has a debt to equity ratio of 0.95, a return on equity of 7.74% and a P/E of 18.33 against an industry P/E of 37.01. Valuation, vehicle demand and input costs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of Munjal Auto, Belrise and Landmark Cars?
Ans. The P/E ratio is 18.33 for Munjal Auto (industry 37.01), 44.80 for Belrise (industry 37.01) and 42.79 for Landmark Cars (industry 66.59). Only Belrise trades at or above the industry multiple.
Which of these auto parts and dealership stocks has the highest return on equity?
Ans. Belrise Industries has the highest return on equity at 9.51%, followed by Munjal Auto Industries at 7.74% and Landmark Cars at 6.38%.
What are the risks of investing in auto parts and dealership stocks?
Ans. The main risks are debt and cash flow, vehicle cycles, input costs and quarterly trends. Landmark Cars has debt to equity of 1.50.
How did Munjal Auto, Belrise and Landmark Cars perform in Q1 FY27?
Ans. Munjal Auto Industries reported revenue of Rs 719.39 crore, up 42.8% year on year, and net profit rose 47.6% to Rs 28.50 crore. Belrise Industries reported revenue of Rs 2,564.86 crore, up 11.9% year on year, and net profit rose 8.9% to Rs 121.67 crore. Landmark Cars reported revenue of Rs 1,305.60 crore, up 22.4% year on year.
Do auto parts and dealership stocks pay dividends?
Ans. Yes, all three companies pay dividends. The dividend yield is 0.98% for Munjal Auto, 0.22% for Belrise and 0.32% for Landmark Cars, based on dividends declared for FY26.
How can I invest in auto parts and dealership stocks in India?
Ans. You can buy auto parts and dealership stocks through a demat and trading account on NSE or BSE after checking each company’s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.