Schaeffler India vs Subros vs Happy Forgings: Which Stock Should You Track
- September 28, 2026
- Posted by: Kunal Singla
- Category: Market
Schaeffler India PE 49.95, mkt cap Rs 62,604 crore. Subros PE 28.35, mkt cap Rs 4,715 crore. Happy Forgings PE 59.56, mkt cap Rs 19,500 crore.
Quick Answer
Schaeffler India vs Subros vs Happy Forgings is a side-by-side comparison of three companies from the Auto Ancillary space. On this comparison, Schaeffler India carries a market capitalisation of about Rs 62,604 crore against Rs 4,715 crore for Subros and Rs 19,500 crore for Happy Forgings, with return on equity of 20.39%, 13.31% and 14.17% respectively. Each company’s numbers are presented here without a declared better pick, since the right stock depends on an investor’s own criteria.
Schaeffler India vs Subros vs Happy Forgings starts with the core numbers most investors compare within the Auto Ancillary segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.
All three names sit in the Auto Ancillary bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
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Schaeffler India, Subros and Happy Forgings: Company Overview
Schaeffler India is a listed Indian company in the Auto Ancillary space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Subros is a listed Indian company in the Auto Ancillary space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Happy Forgings is a listed Indian company in the Auto Ancillary space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Schaeffler India vs Subros vs Happy Forgings: Valuation and Profitability Snapshot
| Metric | Schaeffler India | Subros | Happy Forgings |
|---|---|---|---|
| Market Cap (approx.) | Rs 62,604 crore | Rs 4,715 crore | Rs 19,500 crore |
| PE Ratio (TTM) | 49.95 | 28.35 | 59.56 |
| PB Ratio | 10.18 | 3.79 | 9.16 |
| Return on Equity (ROE) | 20.39% | 13.31% | 14.17% |
| EPS (TTM, Rs) | 80.19 | 25.50 | 34.68 |
| Dividend Yield | 0.87% | 0.42% | 0.19% |
| Debt to Equity | 0.01 | 0.02 | 0.15 |
| Book Value per Share (Rs) | 393.29 | 190.71 | 225.44 |
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On valuation, Schaeffler India trades at a PE of 49.95 and a PB of 10.18, Subros at a PE of 28.35 and a PB of 3.79, while Happy Forgings trades at a PE of 59.56 and a PB of 9.16. On return on equity, the three post 20.39%, 13.31% and 14.17% respectively, and on dividend yield they stand at 0.87%, 0.42% and 0.19%.
Schaeffler India vs Subros vs Happy Forgings: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| Schaeffler India | Rs 2,797.26 crore | Rs 325.78 crore | +16.8% | +6.4% |
| Subros | Rs 1,038.30 crore | Rs 41.52 crore | +17.5% | -1.8% |
| Happy Forgings | Rs 460.50 crore | Rs 91.46 crore | +26.5% | +7.1% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.
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What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three auto ancillary names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
Schaeffler India vs Subros vs Happy Forgings highlights how differently three companies in the same auto ancillary segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; 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 Schaeffler India vs Subros vs Happy Forgings
What is the market cap difference between Schaeffler India, Subros and Happy Forgings?
Ans. As of September 2026, Schaeffler India has a market cap of approximately Rs 62,604 crore, Subros is at approximately Rs 4,715 crore, and Happy Forgings is at approximately Rs 19,500 crore.
Which of the three has the highest PE ratio?
Ans. Among Schaeffler India, Subros and Happy Forgings, the PE ratios stand at 49.95, 28.35 and 59.56 respectively as of September 2026.
Which of the three has the highest ROE?
Ans. Schaeffler India, Subros and Happy Forgings post ROE of 20.39%, 13.31% and 14.17% respectively as of September 2026.
Which of these three stocks pays the highest dividend yield?
Ans. Schaeffler India, Subros and Happy Forgings carry dividend yields of 0.87%, 0.42% and 0.19% respectively.
What is the debt to equity ratio for Schaeffler India, Subros and Happy Forgings?
Ans. Schaeffler India carries a debt to equity of 0.01, Subros of 0.02, and Happy Forgings of 0.15.
Which of the three trades at the highest price to book value?
Ans. Schaeffler India, Subros and Happy Forgings trade at price to book ratios of 10.18, 3.79 and 9.16 respectively.
Is one of Schaeffler India, Subros or Happy Forgings better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.
