3 Leading Tyre Brand, Instrument Cluster Maker and Suspension and Braking Supplier Stocks With a Strong Future Roadmap: MRF, Pricol and Endurance Technologies
- October 26, 2026
- Posted by: Harsh Piplani
- Category: Best Stocks
MRF, Pricol and Endurance Technologies: ROE of 11.6% to 20.0% and FY22 to FY26 revenue CAGR of 12.7% to 27.1%. Prices as of 23 Oct 2026.
Quick Answer
The three tyre, instrument cluster and suspension stocks to watch are MRF, Pricol and Endurance Technologies. Their return on equity ranges from 11.6% to 20.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 12.7% to 27.1%. Pricol leads on both return on equity at 20.0% and revenue growth at 27.1% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.
Tyre, instrument cluster and suspension stocks let investors follow suppliers that shape how a vehicle rides, stops and reports its status. MRF, Pricol and Endurance Technologies cover a leading tyre brand, an instrument cluster maker and a suspension and braking supplier.
This list covers three tyre, instrument cluster and suspension stocks with complete current figures: MRF, Pricol and Endurance Technologies. Every figure comes from the latest reported financials and the 23 October 2026 market close. Companies without complete current figures were left out.
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What Are Tyre, Instrument Cluster and Suspension Stocks?
Tyre, instrument cluster and suspension stocks are listed auto suppliers that make tyres, dashboards, sensors, shock absorbers and brakes. Their earnings depend on vehicle output, content per vehicle and the share of newer technology in each vehicle.
Tyre, Instrument Cluster and Suspension Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| MRF | 117,915 | 49,998 | 20.7 | 19.2 | 11.6 | 0.15 |
| Pricol | 630.05 | 8,072 | 30.1 | 36.9 | 20.0 | 0.30 |
| Endurance Technologies | 2,237.4 | 33,317 | 34.4 | 36.9 | 13.9 | 0.19 |
On valuation, Pricol and Endurance Technologies trade at a P/E below the industry P/E, while MRF trades above it, which reflects the growth the market already expects. Readers comparing tyre, instrument cluster and suspension stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Tyre, Instrument Cluster and Suspension Stocks Have a Strong Roadmap in India?
Tyre, instrument cluster and suspension stocks have a strong roadmap in India because buyers want safer, better-equipped vehicles, and digital dashboards, sensors and braking systems add value to every unit sold.
- Digital dashboards. Connected clusters and sensors lift content per vehicle.
- Safer braking. Tighter norms raise demand for advanced braking systems.
- Replacement tyres. A large vehicle base needs steady tyre changes.
Why MRF Features Among These Tyre, Instrument Cluster and Suspension Stocks
Among the tyre, instrument cluster and suspension stocks on this list, MRF is one of India’s largest tyre makers, producing tyres for two-wheelers, cars, trucks, buses and farm vehicles, along with tubes, treads and conveyor belts, and it has one of the strongest brand names in the industry.
The company has a return on equity of 11.6%, a debt to equity ratio of 0.15 and a market capitalisation of Rs 49,998 crore. The stock trades at a P/E of 20.7, above the industry P/E of 19.2.
Revenue rose from Rs 19,634 crore in FY22 to Rs 31,654 crore in FY26, a compound annual growth rate of 12.7%. Net profit grew from Rs 669 crore in FY22 to Rs 2,426 crore in FY26, which works out to a compound annual growth rate of 38.0%. In the June 2026 quarter, revenue grew 10.3% year on year to Rs 8,611 crore.
Roadmap: The company has steadily added radial and premium capacity and benefits from a very large replacement market. A strong balance sheet lets it invest through demand cycles.
What to watch: Track replacement demand, rubber and crude-linked input costs and new capacity additions.
Why Pricol Features Among These Tyre, Instrument Cluster and Suspension Stocks
Among the vehicle dashboard and braking supplier shares on this list, Pricol, based in Coimbatore, makes instrument clusters, driver information systems, sensors and pumps for two-wheelers, commercial vehicles and off-highway vehicles.
Revenue rose from Rs 1,554 crore in FY22 to Rs 4,052 crore in FY26, a compound annual growth rate of 27.1%. Net profit grew from Rs 51.1 crore in FY22 to Rs 251 crore in FY26, which works out to a compound annual growth rate of 48.8%.
In the June 2026 quarter, revenue grew 23.4% year on year to Rs 1,108 crore, while net profit rose 34.3% to Rs 67.0 crore. The company has a return on equity of 20.0%, a debt to equity ratio of 0.30 and a market capitalisation of Rs 8,072 crore. The stock trades at a P/E of 30.1, below the industry P/E of 36.9.
Roadmap: Digital clusters and connected vehicle systems carry higher value per vehicle than the analogue gauges they replace. Pricol is also expanding into electric vehicle components and exports, and widening its non-auto business to reduce cyclicality.
What to watch: Track the shift to digital clusters and the progress of new product ramp-ups.
Why Endurance Technologies Features Among These Tyre, Instrument Cluster and Suspension Stocks
Among the three companies on this list, Endurance Technologies is a Chhatrapati Sambhajinagar-based auto component maker that supplies suspension, brake systems, aluminium castings and transmission parts to two-wheeler, three-wheeler and car makers in India and Europe.
In the June 2026 quarter, revenue grew 29.6% year on year to Rs 4,348 crore, while net profit rose 8.0% to Rs 245 crore. Revenue rose from Rs 7,590 crore in FY22 to Rs 14,720 crore in FY26, a compound annual growth rate of 18.0%.
Net profit grew from Rs 461 crore in FY22 to Rs 952 crore in FY26, which works out to a compound annual growth rate of 19.9%. The company has a return on equity of 13.9%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 33,317 crore. The stock trades at a P/E of 34.4, below the industry P/E of 36.9.
Roadmap: The company benefits from rising two-wheeler demand and from the move to anti-lock braking and premium suspension. Its European operations and growing business in electric vehicles widen its base.
What to watch: Track growth in braking and suspension content and the European business.
MRF vs Pricol vs Endurance Technologies on Key Financials
The table below sets the three tyre, instrument cluster and suspension stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| MRF | 19,634 | 31,654 | 12.7% | 2,426 | 7.7% |
| Pricol | 1,554 | 4,052 | 27.1% | 251 | 6.2% |
| Endurance Technologies | 7,590 | 14,720 | 18.0% | 952 | 6.5% |
Pricol posts the highest return on equity in this group at 20.0%. MRF has the largest FY26 revenue at Rs 31,654 crore, and Pricol shows the fastest revenue growth with a 27.1% compound annual rate. A useful habit with tyre, instrument cluster and suspension stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| MRF | 7,804 | 8,611 | 10.3% |
| Pricol | 898 | 1,108 | 23.4% |
| Endurance Technologies | 3,355 | 4,348 | 29.6% |
Key Risks to Check Before Investing in Tyre, Instrument Cluster and Suspension Stocks
Every theme carries risks that deserve a check before any decision. For these tyre, instrument cluster and suspension stocks, the main points are: Long-term vehicle dashboard and braking supplier shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Auto cycle. Vehicle demand can slow with interest rates or fuel prices.
- Input costs. Rubber, electronics and metals influence margins.
- Customer concentration. Some suppliers depend on a few large vehicle makers.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter tyre, instrument cluster and suspension stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Tyre, Instrument Cluster and Suspension Stocks
Tyre, instrument cluster and suspension stocks reward investors who follow vehicle output, content per vehicle and replacement demand together. MRF, Pricol and Endurance Technologies each have clear room to grow. Based on the 23 October 2026 close, MRF trades at Rs 117,915, Pricol at Rs 630.05 and Endurance Technologies at Rs 2,237.4. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these tyre, instrument cluster and suspension stocks to a watchlist.
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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).
What are tyre, instrument cluster and suspension stocks?
Ans. Tyre, instrument cluster and suspension stocks are listed auto suppliers that make tyres, dashboards, sensors, shock absorbers and brakes. Their earnings depend on vehicle output, content per vehicle and the share of newer technology in each vehicle. This list looks at three of them, MRF, Pricol and Endurance Technologies, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.
Which tyre, instrument cluster and suspension stocks are covered in this list?
Ans. This list covers MRF, Pricol and Endurance Technologies. Based on the 23 October 2026 close, MRF traded at Rs 117,915, Pricol at Rs 630.05 and Endurance Technologies at Rs 2,237.4. Their return on equity ranges from 11.6% to 20.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 12.7% to 27.1%.
Why do tyre, instrument cluster and suspension stocks have a strong future roadmap in India?
Ans. Tyre, instrument cluster and suspension stocks have a strong roadmap in India because buyers want safer, better-equipped vehicles, and digital dashboards, sensors and braking systems add value to every unit sold. The main drivers are as follows. Digital dashboards. Connected clusters and sensors lift content per vehicle. Safer braking. Tighter norms raise demand for advanced braking systems. Replacement tyres. A large vehicle base needs steady tyre changes. Together these factors give the companies on this list a visible path for growth over the coming years.
How has MRF performed financially?
Ans. Revenue rose from Rs 19,634 crore in FY22 to Rs 31,654 crore in FY26, a compound annual growth rate of 12.7%. Net profit grew from Rs 669 crore in FY22 to Rs 2,426 crore in FY26, which works out to a compound annual growth rate of 38.0%. In the June 2026 quarter, revenue grew 10.3% year on year to Rs 8,611 crore. The company has a return on equity of 11.6%, a debt to equity ratio of 0.15 and a market capitalisation of Rs 49,998 crore. The stock trades at a P/E of 20.7, above the industry P/E of 19.2. Looking ahead, the company has steadily added radial and premium capacity and benefits from a very large replacement market. A strong balance sheet lets it invest through demand cycles.
How has Pricol performed financially?
Ans. Revenue rose from Rs 1,554 crore in FY22 to Rs 4,052 crore in FY26, a compound annual growth rate of 27.1%. Net profit grew from Rs 51.1 crore in FY22 to Rs 251 crore in FY26, which works out to a compound annual growth rate of 48.8%. In the June 2026 quarter, revenue grew 23.4% year on year to Rs 1,108 crore, while net profit rose 34.3% to Rs 67.0 crore. The company has a return on equity of 20.0%, a debt to equity ratio of 0.30 and a market capitalisation of Rs 8,072 crore. The stock trades at a P/E of 30.1, below the industry P/E of 36.9. Looking ahead, digital clusters and connected vehicle systems carry higher value per vehicle than the analogue gauges they replace. Pricol is also expanding into electric vehicle components and exports, and widening its non-auto business to reduce cyclicality.
How has Endurance Technologies performed financially?
Ans. Revenue rose from Rs 7,590 crore in FY22 to Rs 14,720 crore in FY26, a compound annual growth rate of 18.0%. Net profit grew from Rs 461 crore in FY22 to Rs 952 crore in FY26, which works out to a compound annual growth rate of 19.9%. In the June 2026 quarter, revenue grew 29.6% year on year to Rs 4,348 crore, while net profit rose 8.0% to Rs 245 crore. The company has a return on equity of 13.9%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 33,317 crore. The stock trades at a P/E of 34.4, below the industry P/E of 36.9. Looking ahead, the company benefits from rising two-wheeler demand and from the move to anti-lock braking and premium suspension. Its European operations and growing business in electric vehicles widen its base.
What risks should investors check before buying tyre, instrument cluster and suspension stocks?
Ans. Investors should check a few risks before buying tyre, instrument cluster and suspension stocks. Auto cycle. Vehicle demand can slow with interest rates or fuel prices. Input costs. Rubber, electronics and metals influence margins. Customer concentration. Some suppliers depend on a few large vehicle makers. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of tyre, instrument cluster and suspension stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 23 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
