3 Second Largest Car Maker, Fasteners Maker and Exhaust Systems Maker Stocks With a Strong Future Roadmap: Hyundai Motor India, Sundram Fasteners and Sharda Motor Industries
- October 30, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Hyundai Motor India, Sundram Fasteners and Sharda Motor Industries: ROE of 13.8% to 27.1% and FY22 to FY26 revenue CAGR of 6.5% to 11.1%. Prices as of 29 Oct 2026.
Quick Answer
The three carmaker, fastener and exhaust system stocks to watch are Hyundai Motor India, Sundram Fasteners and Sharda Motor Industries. Their return on equity ranges from 13.8% to 27.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.5% to 11.1%. Hyundai Motor India has the highest return on equity at 27.1%, while Sharda Motor Industries has the fastest revenue growth at 11.1% a year. Prices are based on the 29 October 2026 close, and this article is educational, not investment advice.
Carmaker, fastener and exhaust system stocks give investors a way to track businesses that sit close to everyday demand in India. Hyundai Motor India, Sundram Fasteners and Sharda Motor Industries cover the second largest car maker, a fasteners maker and an exhaust systems maker.
This list covers three carmaker, fastener and exhaust system stocks with complete current figures: Hyundai Motor India, Sundram Fasteners and Sharda Motor Industries. Every figure comes from the latest reported financials and the 29 October 2026 market close. Companies without complete current figures were left out.
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What Are Carmaker, Fastener and Exhaust System Stocks?
Carmaker, fastener and exhaust system stocks are listed companies that make passenger cars and sport utility vehicles, produce high strength fasteners and supply exhaust systems to vehicle makers. Their earnings depend on vehicle volumes, new launches and input costs.
Carmaker, Fastener and Exhaust System Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Hyundai Motor India | 1,922 | 150,645 | 30.4 | 23.4 | 27.1 | 0.05 |
| Sundram Fasteners | 1,071.6 | 22,161 | 36.1 | 36.1 | 13.8 | 0.15 |
| Sharda Motor Industries | 828.95 | 4,995 | 15.0 | 36.9 | 26.3 | 0.04 |
On valuation, Sharda Motor Industries trades at a P/E below the industry P/E, while Hyundai Motor India and Sundram Fasteners trade above it, which reflects the growth the market already expects. Readers comparing carmaker, fastener and exhaust system stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Carmaker, Fastener and Exhaust System Stocks Have a Strong Roadmap in India?
Carmaker, fastener and exhaust system stocks have a strong roadmap in India because rising car ownership, new model launches and cleaner vehicle rules keep widening the market for these auto and parts companies.
- Car demand. First time buyers and upgraders lift sales.
- New models. Launches bring fresh volumes.
- Cleaner rules. Emission norms raise content per vehicle.
Why Hyundai Motor India Features Among These Carmaker, Fastener and Exhaust System Stocks
Among the carmaker, fastener and exhaust system stocks on this list, Hyundai Motor India is the country’s second largest passenger vehicle maker by volume, selling hatchbacks, sedans and sport utility vehicles from its plant near Chennai and a new facility in Pune.
Revenue rose from Rs 47,966 crore in FY22 to Rs 71,752 crore in FY26, a compound annual growth rate of 10.6%. Net profit grew from Rs 2,902 crore in FY22 to Rs 5,432 crore in FY26, which works out to a compound annual growth rate of 17.0%.
The company has a return on equity of 27.1%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 150,645 crore. The stock trades at a P/E of 30.4, above the industry P/E of 23.4.
Roadmap: A strong sport utility vehicle line-up, a growing exports business and new capacity at the Pune plant add to volumes. The company is also working on electric models and hybrid options for the Indian market.
What to watch: Follow monthly sales, new model launches and the ramp-up of the Pune plant.
Why Sundram Fasteners Features Among These Carmaker, Fastener and Exhaust System Stocks
Among the car and parts shares on this list, Sundram Fasteners is a Chennai-based maker of high-tensile fasteners, powertrain components, cold-extruded parts and precision-engineered products for automotive, wind energy and other industries.
In the June 2026 quarter, revenue grew 19.4% year on year to Rs 1,855 crore, while net profit rose 14.0% to Rs 169 crore. Revenue rose from Rs 4,941 crore in FY22 to Rs 6,368 crore in FY26, a compound annual growth rate of 6.5%.
Net profit grew from Rs 462 crore in FY22 to Rs 593 crore in FY26, which works out to a compound annual growth rate of 6.4%. The company has a return on equity of 13.8%, a debt to equity ratio of 0.15 and a market capitalisation of Rs 22,161 crore. The stock trades at a P/E of 36.1, above the industry P/E of 36.1.
Roadmap: The company is widening its range into powertrain and non-automotive applications, including renewable energy. Long-standing relationships with global vehicle makers support export orders.
What to watch: Track export demand, new product launches and growth outside the automotive segment.
Why Sharda Motor Industries Features Among These Carmaker, Fastener and Exhaust System Stocks
Among the three companies on this list, Sharda Motor Industries makes exhaust systems and catalytic converters, with large passenger vehicle makers among its main customers.
The company has a return on equity of 26.3%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 4,995 crore. The stock trades at a P/E of 15.0, below the industry P/E of 36.9.
Revenue rose from Rs 2,285 crore in FY22 to Rs 3,483 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 149 crore in FY22 to Rs 345 crore in FY26, which works out to a compound annual growth rate of 23.3%. In the June 2026 quarter, revenue grew 33.2% year on year to Rs 1,038 crore.
Roadmap: Tighter emission norms increase the content per vehicle for exhaust systems and catalysts. The company is adding capacity in line with its customers’ production plans and expanding into new product lines, which broadens its revenue base.
What to watch: Follow volume trends at its key customers and precious metal price movements.
Hyundai Motor India vs Sundram Fasteners vs Sharda Motor Industries on Key Financials
The table below sets the three carmaker, fastener and exhaust system 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 |
|---|---|---|---|---|---|
| Hyundai Motor India | 47,966 | 71,752 | 10.6% | 5,432 | 7.6% |
| Sundram Fasteners | 4,941 | 6,368 | 6.5% | 593 | 9.3% |
| Sharda Motor Industries | 2,285 | 3,483 | 11.1% | 345 | 9.9% |
Hyundai Motor India posts the highest return on equity in this group at 27.1%. Hyundai Motor India has the largest FY26 revenue at Rs 71,752 crore, and Sharda Motor Industries shows the fastest revenue growth with a 11.1% compound annual rate. A useful habit with carmaker, fastener and exhaust system stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Carmaker, Fastener and Exhaust System Stocks
Every theme carries risks that deserve a check before any decision. For these carmaker, fastener and exhaust system stocks, the main points are: Long-term car and parts shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Production cycles. Vehicle output can vary with demand.
- Input costs. Metal and material prices can move margins.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
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 carmaker, fastener and exhaust system stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Carmaker, Fastener and Exhaust System Stocks
Carmaker, fastener and exhaust system stocks work best when investors track growth, valuation and return on equity side by side. Hyundai Motor India, Sundram Fasteners and Sharda Motor Industries each have a clear plan to grow. Based on the 29 October 2026 close, Hyundai Motor India trades at Rs 1,922, Sundram Fasteners at Rs 1,071.6 and Sharda Motor Industries at Rs 828.95.
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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 carmaker, fastener and exhaust system stocks?
Ans. Carmaker, fastener and exhaust system stocks are listed companies that make passenger cars and sport utility vehicles, produce high strength fasteners and supply exhaust systems to vehicle makers. Their earnings depend on vehicle volumes, new launches and input costs. This list looks at three of them, Hyundai Motor India, Sundram Fasteners and Sharda Motor Industries, using reported FY22 to FY26 financials and the 29 October 2026 closing prices.
Which carmaker, fastener and exhaust system stocks are covered in this list?
Ans. This list covers Hyundai Motor India, Sundram Fasteners and Sharda Motor Industries. Based on the 29 October 2026 close, Hyundai Motor India traded at Rs 1,922, Sundram Fasteners at Rs 1,071.6 and Sharda Motor Industries at Rs 828.95. Their return on equity ranges from 13.8% to 27.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.5% to 11.1%.
Why do carmaker, fastener and exhaust system stocks have a strong future roadmap in India?
Ans. Carmaker, fastener and exhaust system stocks have a strong roadmap in India because rising car ownership, new model launches and cleaner vehicle rules keep widening the market for these auto and parts companies. The main drivers are as follows. Car demand. First time buyers and upgraders lift sales. New models. Launches bring fresh volumes. Cleaner rules. Emission norms raise content per vehicle. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Hyundai Motor India performed financially?
Ans. Revenue rose from Rs 47,966 crore in FY22 to Rs 71,752 crore in FY26, a compound annual growth rate of 10.6%. Net profit grew from Rs 2,902 crore in FY22 to Rs 5,432 crore in FY26, which works out to a compound annual growth rate of 17.0%. The company has a return on equity of 27.1%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 150,645 crore. The stock trades at a P/E of 30.4, above the industry P/E of 23.4. Looking ahead, a strong sport utility vehicle line-up, a growing exports business and new capacity at the Pune plant add to volumes. The company is also working on electric models and hybrid options for the Indian market.
How has Sundram Fasteners performed financially?
Ans. Revenue rose from Rs 4,941 crore in FY22 to Rs 6,368 crore in FY26, a compound annual growth rate of 6.5%. Net profit grew from Rs 462 crore in FY22 to Rs 593 crore in FY26, which works out to a compound annual growth rate of 6.4%. In the June 2026 quarter, revenue grew 19.4% year on year to Rs 1,855 crore, while net profit rose 14.0% to Rs 169 crore. The company has a return on equity of 13.8%, a debt to equity ratio of 0.15 and a market capitalisation of Rs 22,161 crore. The stock trades at a P/E of 36.1, above the industry P/E of 36.1. Looking ahead, the company is widening its range into powertrain and non-automotive applications, including renewable energy. Long-standing relationships with global vehicle makers support export orders.
How has Sharda Motor Industries performed financially?
Ans. Revenue rose from Rs 2,285 crore in FY22 to Rs 3,483 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 149 crore in FY22 to Rs 345 crore in FY26, which works out to a compound annual growth rate of 23.3%. In the June 2026 quarter, revenue grew 33.2% year on year to Rs 1,038 crore. The company has a return on equity of 26.3%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 4,995 crore. The stock trades at a P/E of 15.0, below the industry P/E of 36.9. Looking ahead, tighter emission norms increase the content per vehicle for exhaust systems and catalysts. The company is adding capacity in line with its customers’ production plans and expanding into new product lines, which broadens its revenue base.
What risks should investors check before buying carmaker, fastener and exhaust system stocks?
Ans. Investors should check a few risks before buying carmaker, fastener and exhaust system stocks. Production cycles. Vehicle output can vary with demand. Input costs. Metal and material prices can move margins. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. 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 carmaker, fastener and exhaust system stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 29 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.