3 Casting, Chassis and Engine Part Stocks With a Strong Future Roadmap: Belrise Industries, Federal-Mogul Goetze (India) and Alicon Castalloy
- October 12, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
Belrise Rs 234.17, P/E 44.80. Federal-Mogul Goetze Rs 443.20, P/E 13.60. Alicon Castalloy Rs 861.70, P/E 38.54. Closing prices of 9 Oct 2026.
Quick Answer
Casting, chassis and engine part stocks with the clearest long-term roadmaps today include Belrise in sheet metal and suspension parts, Federal-Mogul Goetze in pistons and engine components and Alicon Castalloy in aluminium alloy castings. FY26 revenue growth was 15.2% at Belrise, 8.9% at Federal-Mogul Goetze and 3.5% at Alicon Castalloy. P/E stands at 44.80 for Belrise (industry 37.01), 13.60 for Federal-Mogul Goetze (industry 37.01) and 38.54 for Alicon Castalloy (industry 51.73). 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.
Casting, chassis and engine part stocks give investors exposure to metal parts used in two-wheelers, cars and commercial vehicles. Vehicle volumes, customer mix and metal costs decide how much of that demand turns into profit.
This list covers three casting, chassis and engine part stocks: Belrise Industries for sheet metal and suspension parts, Federal-Mogul Goetze (India) for pistons and engine components and Alicon Castalloy for aluminium alloy castings. Every figure comes from the latest reported financials and the 9 October 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Casting, Chassis and Engine Part Stocks?
Casting, chassis and engine part stocks are shares of companies that make castings, chassis parts and engine components. Results depend on vehicle volumes, customer mix and metal costs, so margins and customer mix separate the stronger names.
Casting, Chassis and Engine Part Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three casting, chassis and engine part stocks as of the 9 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| Belrise Industries | 234.17 | 22,704 | 44.80 | 37.01 | 9.51% | 0.29 |
| Federal-Mogul Goetze (India) | 443.20 | 2,423 | 13.60 | 37.01 | 11.88% | 0.00 |
| Alicon Castalloy | 861.70 | 1,409 | 38.54 | 51.73 | 6.24% | 0.56 |
Among auto parts stocks, Belrise trades at a premium to the industry P/E, while Federal-Mogul Goetze and Alicon Castalloy trade at a discount.
Why Do Casting, Chassis and Engine Part Stocks Have a Strong Roadmap in India?
Casting, chassis and engine part stocks have a strong roadmap in India because vehicle output keeps rising and makers outsource more parts to specialised suppliers. Three drivers stand out.
- Vehicle volumes: Higher output lifts part orders.
- Outsourcing: Makers rely on suppliers for castings and chassis parts.
- Aftermarket: Replacement parts add steady demand.
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.
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: The P/E of 44.80 is a modest premium to the industry P/E of 37.01, so the next quarters’ growth is the figure to follow.
Federal-Mogul Goetze (India): Engine Components Anchor the Roadmap
Federal-Mogul Goetze’s roadmap rests on engine components such as pistons, piston rings and related parts for vehicle and engine makers, with a debt-free balance sheet supporting its position.
Revenue grew from Rs 1,351.54 crore in FY22 to Rs 2,008.77 crore in FY26, a 48.6% rise, and FY26 revenue was 8.9% higher than FY25. FY26 net profit rose 4.8% to Rs 178.00 crore. Over four years, net profit rose from Rs 58.82 crore in FY22 to Rs 178.00 crore. In Q1 FY27, revenue grew 9.3% to Rs 543.44 crore. Operating margin was 17.16% in FY26.
Debt to equity is 0.00 and return on equity is 11.88%. FY26 operating cash flow was Rs 321.06 crore against capital expenditure of Rs 121.83 crore. At a P/E of 13.60 against an industry P/E of 37.01, the stock trades below its industry multiple.
What to watch: The P/E of 13.60 against an industry P/E of 37.01 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.
Alicon Castalloy: Aluminium Castings Anchor the Roadmap
Alicon Castalloy’s roadmap rests on aluminium alloy castings for two-wheelers, cars and commercial vehicles, with automaker demand supporting orders.
Revenue grew from Rs 1,081.37 crore in FY22 to Rs 1,784.47 crore in FY26, a 65.0% rise, and FY26 revenue was 3.5% higher than FY25. FY26 net profit was Rs 34.44 crore. In Q1 FY27, revenue grew 38.3% to Rs 579.07 crore, and net profit rose 23.0% to Rs 11.45 crore. Operating margin was 11.78% in FY26.
Debt to equity is 0.56 and return on equity is 6.24%. FY26 operating cash flow was Rs 238.86 crore against capital expenditure of Rs 147.36 crore. Alicon Castalloy paid a dividend of Rs 5 per share for FY26, a yield of 0.58%. At a P/E of 38.54 against an industry P/E of 51.73, the stock trades below its industry multiple.
What to watch: Return on equity of 6.24% is modest, and net profit margin is only 1.9%, so small cost changes move earnings.
Best Casting, Chassis and Engine Part Stocks in India: Belrise vs Federal-Mogul Goetze vs Alicon Castalloy on Key Financials
Among the best casting, chassis and engine part stocks in India, Belrise leads on FY26 revenue growth; Federal-Mogul Goetze leads on FY26 operating margin and return on equity; Alicon Castalloy leads on Q1 FY27 revenue growth and dividend yield. The table puts the numbers side by side.
| Metric | Belrise | Federal-Mogul Goetze | Alicon Castalloy |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 9,618.86 | 2,008.77 | 1,784.47 |
| FY26 revenue growth | 15.2% | 8.9% | 3.5% |
| FY26 net profit (Rs Cr) | 496.86 | 178.00 | 34.44 |
| FY26 operating profit margin | 13.23% | 17.16% | 11.78% |
| Q1 FY27 revenue growth (YoY) | 11.9% | 9.3% | 38.3% |
| Return on equity | 9.51% | 11.88% | 6.24% |
| P/E ratio | 44.80 | 13.60 | 38.54 |
| Debt to equity | 0.29 | 0.00 | 0.56 |
| Dividend yield | 0.22% | 0.00% | 0.58% |
| FY26 operating cash flow (Rs Cr) | 875.60 | 321.06 | 238.86 |
Component maker earnings follow vehicle volumes, customer mix and metal costs, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Casting, Chassis and Engine Part Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen casting, chassis and engine part stocks and shortlist casting, chassis and engine part stocks to buy.
- Compare each stock’s P/E with its industry P/E, which differs by company here.
- Check how dependent each company is on a few large vehicle makers.
- 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 casting, chassis and engine part stocks
Risks to Consider Before Investing in Casting, Chassis and Engine Part Stocks
- Customer concentration: A few clients account for most orders.
- Metal prices: Aluminium and steel costs can move margins.
- Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.
Download the Univest iOS App or Univest Android App to track Belrise, Federal-Mogul Goetze and Alicon Castalloy live.
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 auto parts stocks cover castings, chassis parts and engine components. Belrise leads on FY26 revenue growth; Federal-Mogul Goetze leads on FY26 operating margin and return on equity; Alicon Castalloy leads on Q1 FY27 revenue growth and dividend yield.
Across casting, chassis and engine part 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 casting, chassis and engine part 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 Casting, Chassis and Engine Part Stocks
Which are the best casting, chassis and engine part stocks in India with a strong roadmap?
Ans. Belrise Industries, Federal-Mogul Goetze (India) and Alicon Castalloy stand out for their roadmaps in castings, chassis parts and engine components. FY26 revenue growth was 15.2% at Belrise, 8.9% at Federal-Mogul Goetze and 3.5% at Alicon Castalloy, and return on equity ranges from 6.24% to 11.88%.
Is Belrise Industries a good stock to buy now?
Ans. Belrise Industries has a debt to equity ratio of 0.29, a return on equity of 9.51% and a P/E of 44.80 against an industry P/E of 37.01. Valuation, vehicle volumes and metal costs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of Belrise, Federal-Mogul Goetze and Alicon Castalloy?
Ans. The P/E ratio is 44.80 for Belrise (industry 37.01), 13.60 for Federal-Mogul Goetze (industry 37.01) and 38.54 for Alicon Castalloy (industry 51.73). Only Belrise trades at or above the industry multiple.
Which of these casting, chassis and engine part stocks has the highest return on equity?
Ans. Federal-Mogul Goetze (India) has the highest return on equity at 11.88%, followed by Belrise Industries at 9.51% and Alicon Castalloy at 6.24%.
What are the risks of investing in casting, chassis and engine part stocks?
Ans. The main risks are customer concentration, metal prices and quarterly trends. A few clients account for most orders.
How did Belrise, Federal-Mogul Goetze and Alicon Castalloy perform in Q1 FY27?
Ans. 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. Federal-Mogul Goetze (India) reported revenue of Rs 543.44 crore, up 9.3% year on year. Alicon Castalloy reported revenue of Rs 579.07 crore, up 38.3% year on year, and net profit rose 23.0% to Rs 11.45 crore.
Do casting, chassis and engine part stocks pay dividends?
Ans. Belrise and Alicon Castalloy pay dividends. The dividend yield is 0.22% for Belrise and 0.58% for Alicon Castalloy, based on dividends declared for FY26.
How can I invest in casting, chassis and engine part stocks in India?
Ans. You can buy casting, chassis and engine part 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.
