{"id":290882,"date":"2026-10-07T09:20:12","date_gmt":"2026-10-07T03:50:12","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=290882"},"modified":"2026-10-07T09:20:12","modified_gmt":"2026-10-07T03:50:12","slug":"auto-lighting-and-aesthetics-stocks-strong-roadmap","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/","title":{"rendered":"3 Auto Lighting and Aesthetics Stocks With a Strong Future Roadmap: Fiem Industries, SJS Enterprises and Balu Forge Industries"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Fiem Industries Rs 1,779.50, P\/E 17.81. SJS Enterprises Rs 1,981.40, P\/E 30.22. Balu Forge Rs 526.95, P\/E 23.86. Closing prices of 6 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Auto lighting and aesthetics stocks with the clearest long-term roadmaps today include Fiem Industries in lighting and signalling equipment for two-wheelers and cars, SJS Enterprises in decorative aesthetic parts such as badges, logos and lens assemblies for vehicles and Balu Forge Industries in forged and machined components for industrial and automotive customers. FY26 revenue growth was 16.3% at Fiem Industries, 26.6% at SJS Enterprises and 21.2% at Balu Forge. P\/E stands at 17.81 for Fiem Industries (industry 36.86), 30.22 for SJS Enterprises (industry 36.86) and 23.86 for Balu Forge (industry 50.82). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Auto lighting and aesthetics stocks give investors exposure to makers of vehicle lights, decorative parts and forged components. Results depend on vehicle production, content per vehicle and operating margin, which is why customer mix matters as much as headline growth.<\/p>\n<p>This list covers three forged and trim component stocks: Fiem Industries for lighting and signalling equipment for two-wheelers and cars, SJS Enterprises for decorative aesthetic parts such as badges, logos and lens assemblies for vehicles and Balu Forge Industries for forged and machined components for industrial and automotive customers. Every figure comes from the latest reported financials and the 6 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=auto-lighting-and-aesthetics-stocks-strong-roadmap\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#What_Are_Auto_Lighting_and_Aesthetics_Stocks\" title=\"What Are Auto Lighting and Aesthetics Stocks?\">What Are Auto Lighting and Aesthetics Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Auto_Lighting_and_Aesthetics_Stocks_at_a_Glance\" title=\"Auto Lighting and Aesthetics Stocks at a Glance\">Auto Lighting and Aesthetics Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Why_Do_Auto_Lighting_and_Aesthetics_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Auto Lighting and Aesthetics Stocks Have a Strong Roadmap in India?\">Why Do Auto Lighting and Aesthetics Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Fiem_Industries_Lighting_Systems_and_Content_Per_Vehicle_Anchor_the_Roadmap\" title=\"Fiem Industries: Lighting Systems and Content Per Vehicle Anchor the Roadmap\">Fiem Industries: Lighting Systems and Content Per Vehicle Anchor the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#SJS_Enterprises_Aesthetic_Components_and_Premiumisation_Drive_the_Pipeline\" title=\"SJS Enterprises: Aesthetic Components and Premiumisation Drive the Pipeline\">SJS Enterprises: Aesthetic Components and Premiumisation Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Balu_Forge_Industries_Forged_Components_and_New_Capacity_Build_the_Next_Leg\" title=\"Balu Forge Industries: Forged Components and New Capacity Build the Next Leg\">Balu Forge Industries: Forged Components and New Capacity Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Best_Auto_Lighting_and_Aesthetics_Stocks_in_India_Fiem_Industries_vs_SJS_Enterprises_vs_Balu_Forge_on_Key_Financials\" title=\"Best Auto Lighting and Aesthetics Stocks in India: Fiem Industries vs SJS Enterprises vs Balu Forge on Key Financials\">Best Auto Lighting and Aesthetics Stocks in India: Fiem Industries vs SJS Enterprises vs Balu Forge on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#How_to_Evaluate_Vehicle_Lighting_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Vehicle Lighting Stocks to Buy Before You Invest\">How to Evaluate Vehicle Lighting Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Risks_to_Consider_Before_Investing_in_Auto_Lighting_and_Aesthetics_Stocks\" title=\"Risks to Consider Before Investing in Auto Lighting and Aesthetics Stocks\">Risks to Consider Before Investing in Auto Lighting and Aesthetics Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#FAQs_on_Auto_Lighting_and_Aesthetics_Stocks\" title=\"FAQs on Auto Lighting and Aesthetics Stocks\">FAQs on Auto Lighting and Aesthetics Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Which_are_the_best_auto_lighting_and_aesthetics_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best auto lighting and aesthetics stocks in India with a strong roadmap?\">Which are the best auto lighting and aesthetics stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Is_Fiem_Industries_a_good_stock_to_buy_now\" title=\"Is Fiem Industries a good stock to buy now?\">Is Fiem Industries a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#What_is_the_PE_ratio_of_Fiem_Industries_SJS_Enterprises_and_Balu_Forge\" title=\"What is the P\/E ratio of Fiem Industries, SJS Enterprises and Balu Forge?\">What is the P\/E ratio of Fiem Industries, SJS Enterprises and Balu Forge?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Which_of_these_auto_lighting_and_aesthetics_stocks_has_the_highest_return_on_equity\" title=\"Which of these auto lighting and aesthetics stocks has the highest return on equity?\">Which of these auto lighting and aesthetics stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#What_are_the_risks_of_investing_in_auto_lighting_and_aesthetics_stocks\" title=\"What are the risks of investing in auto lighting and aesthetics stocks?\">What are the risks of investing in auto lighting and aesthetics stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#How_did_Fiem_Industries_SJS_Enterprises_and_Balu_Forge_perform_in_Q1_FY27\" title=\"How did Fiem Industries, SJS Enterprises and Balu Forge perform in Q1 FY27?\">How did Fiem Industries, SJS Enterprises and Balu Forge perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#Do_auto_lighting_and_aesthetics_stocks_pay_dividends\" title=\"Do auto lighting and aesthetics stocks pay dividends?\">Do auto lighting and aesthetics stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/auto-lighting-and-aesthetics-stocks-strong-roadmap\/#How_can_I_invest_in_auto_lighting_and_aesthetics_stocks_in_India\" title=\"How can I invest in auto lighting and aesthetics stocks in India?\">How can I invest in auto lighting and aesthetics stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Auto_Lighting_and_Aesthetics_Stocks\"><\/span><strong>What Are Auto Lighting and Aesthetics Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Auto lighting and aesthetics stocks are shares of component makers that supply lighting systems, badges, trim and forged parts to vehicle makers. Results depend on vehicle production, content per vehicle, localisation and operating margin, so a wide customer base and rising premium content separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Auto_Lighting_and_Aesthetics_Stocks_at_a_Glance\"><\/span><strong>Auto Lighting and Aesthetics Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three auto lighting and aesthetics stocks as of the 6 October 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/fiemind\/fiem-industries-ltd-share-price-today\">Fiem Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,779.50<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,683<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.81<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.86<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.04%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.05<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/sjs\/sjs-enterprises-ltd-share-price-today\">SJS Enterprises<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,981.40<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,395<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30.22<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.86<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.67%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.03<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/baluforge\/balu-forge-industries-ltd-share-price-today\">Balu Forge Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">526.95<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,393<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.86<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">50.82<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.24%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.10<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among forged and trim component stocks, all three trade below their industry P\/E multiples.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Auto_Lighting_and_Aesthetics_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Auto Lighting and Aesthetics Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Auto lighting and aesthetics stocks have a strong roadmap in India because vehicles carry more lighting and styling content, premiumisation is spreading and makers are localising supply. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Premiumisation:<\/strong> Buyers choose better lighting and styling, which raises content per vehicle.<\/li>\n<li><strong>Localisation:<\/strong> Vehicle makers prefer local suppliers for cost and delivery.<\/li>\n<li><strong>New models:<\/strong> Each new launch adds supply contracts for component makers.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Fiem_Industries_Lighting_Systems_and_Content_Per_Vehicle_Anchor_the_Roadmap\"><\/span><strong>Fiem Industries: Lighting Systems and Content Per Vehicle Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Fiem Industries&#8217; roadmap rests on lighting and signalling equipment for two-wheelers and cars, with new vehicle models and rising content per vehicle supporting volumes.<\/p>\n<p>Revenue grew from Rs 1,574.86 crore in FY22 to Rs 2,836.40 crore in FY26, a 80.1% rise, and FY26 revenue was 16.3% higher than FY25. FY26 net profit rose 24.7% to Rs 255.60 crore. Over four years, net profit rose from Rs 95.31 crore in FY22 to Rs 255.60 crore. In Q1 FY27, revenue grew 17.4% to Rs 780.20 crore, and net profit rose 12.9% to Rs 64.92 crore. Operating margin was 14.80% in FY26 and 14.12% in Q1 FY27 against 14.68% a year earlier.<\/p>\n<p>Debt to equity is 0.05 and return on equity is 21.04%. FY26 operating cash flow was Rs 161.28 crore against capital expenditure of Rs 129.58 crore. Fiem Industries paid a dividend of Rs 40 per share for FY26, a yield of 2.25%. At a P\/E of 17.81 against an industry P\/E of 36.86, the stock trades below its industry multiple.<\/p>\n<p>What to watch: FY26 capex of Rs 129.58 Cr took most of operating cash flow of Rs 161.28 Cr, and the business depends on a small group of vehicle makers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SJS_Enterprises_Aesthetic_Components_and_Premiumisation_Drive_the_Pipeline\"><\/span><strong>SJS Enterprises: Aesthetic Components and Premiumisation Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SJS Enterprises&#8217; roadmap rests on decorative aesthetic parts such as badges, logos and lens assemblies for vehicles, with premiumisation raising content per vehicle.<\/p>\n<p>Revenue grew from Rs 374.02 crore in FY22 to Rs 972.70 crore in FY26, a 160.1% rise, and FY26 revenue was 26.6% higher than FY25. FY26 net profit rose 44.6% to Rs 171.80 crore. Over four years, net profit rose from Rs 55.02 crore in FY22 to Rs 171.80 crore. In Q1 FY27, revenue grew 25.3% to Rs 266.29 crore, and net profit rose 115.0% to Rs 74.42 crore.<\/p>\n<p>Debt to equity is 0.03 and return on equity is 19.67%. FY26 operating cash flow was Rs 223.88 crore against capital expenditure of Rs 83.31 crore. SJS Enterprises paid a dividend of Rs 3.5 per share for FY26, a yield of 0.18%. At a P\/E of 30.22 against an industry P\/E of 36.86, the stock trades below its industry multiple.<\/p>\n<p>What to watch: Q1 FY27 net profit of Rs 74.42 Cr was well above the Rs 43 Cr to Rs 49 Cr of the previous three quarters, so its repeatability needs checking.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Balu_Forge_Industries_Forged_Components_and_New_Capacity_Build_the_Next_Leg\"><\/span><strong>Balu Forge Industries: Forged Components and New Capacity Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Balu Forge&#8217;s roadmap rests on forged and machined components for industrial and automotive customers, with new capacity widening the range it can supply.<\/p>\n<p>Revenue grew from Rs 294.61 crore in FY22 to Rs 1,140.29 crore in FY26, a 287.1% rise, and FY26 revenue was 21.2% higher than FY25. FY26 net profit rose 27.0% to Rs 258.89 crore. Over four years, net profit rose from Rs 29.84 crore in FY22 to Rs 258.89 crore. In Q1 FY27, revenue grew 29.7% to Rs 304.57 crore, and net profit rose 15.9% to Rs 66.09 crore. Operating margin was 30.02% in FY26 and 29.48% in Q1 FY27 against 31.72% a year earlier.<\/p>\n<p>Debt to equity is 0.10 and return on equity is 16.24%. FY26 operating cash flow was Rs 31.70 crore against capital expenditure of Rs 353.95 crore. Balu Forge paid a dividend of Rs 0.15 per share for FY26, a yield of 0.03%. At a P\/E of 23.86 against an industry P\/E of 50.82, the stock trades below its industry multiple.<\/p>\n<p>What to watch: FY26 operating cash flow of Rs 31.70 Cr was far below capex of Rs 353.95 Cr, so expansion depends on funding beyond operating cash flow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Auto_Lighting_and_Aesthetics_Stocks_in_India_Fiem_Industries_vs_SJS_Enterprises_vs_Balu_Forge_on_Key_Financials\"><\/span><strong>Best Auto Lighting and Aesthetics Stocks in India: Fiem Industries vs SJS Enterprises vs Balu Forge on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best auto lighting and aesthetics stocks in India, Balu Forge leads on FY26 operating margin and Q1 FY27 revenue growth; Fiem Industries leads on return on equity and the lowest P\/E. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Fiem Industries<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">SJS Enterprises<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Balu Forge<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,836.40<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">972.70<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,140.29<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Revenue growth FY22 to FY26<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">80.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">160.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">287.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">255.60<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">171.80<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">258.89<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">29.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 net profit growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">115.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.04%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.67%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.24%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.81<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30.22<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.86<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.05<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.03<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.10<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2.25%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.18%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.03%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">161.28<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">223.88<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31.70<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Component earnings follow vehicle production, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Vehicle_Lighting_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Vehicle Lighting Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen auto lighting and aesthetics stocks and shortlist vehicle lighting stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which differs by stock.<\/li>\n<li>Track operating margin across several quarters, because input costs can move faster than prices.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these auto lighting and aesthetics stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Auto_Lighting_and_Aesthetics_Stocks\"><\/span><strong>Risks to Consider Before Investing in Auto Lighting and Aesthetics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Vehicle cycle:<\/strong> Production cuts at vehicle makers reduce component orders.<\/li>\n<li><strong>Customer concentration:<\/strong> A few large makers account for a big share of sales.<\/li>\n<li><strong>Capex:<\/strong> Balu Forge&#8217;s FY26 capex was far above operating cash flow.<\/li>\n<li><strong>Quarter-to-quarter swings:<\/strong> SJS Enterprises&#8217; Q1 FY27 profit was well above its recent run rate.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Fiem Industries, SJS Enterprises and Balu Forge live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three vehicle lighting stocks cover vehicle lighting, decorative aesthetic parts, and forged components. Balu Forge leads on FY26 operating margin and Q1 FY27 revenue growth; Fiem Industries leads on return on equity and the lowest P\/E.<\/p>\n<p>Across forged and trim component 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 vehicle lighting stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Auto_Lighting_and_Aesthetics_Stocks\"><\/span><strong>FAQs on Auto Lighting and Aesthetics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_auto_lighting_and_aesthetics_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best auto lighting and aesthetics stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Fiem Industries, SJS Enterprises and Balu Forge Industries stand out for their roadmaps in vehicle lighting, trim and forged components. FY26 revenue growth was 16.3% at Fiem Industries, 26.6% at SJS Enterprises and 21.2% at Balu Forge, and return on equity ranges from 16.24% to 21.04%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Fiem_Industries_a_good_stock_to_buy_now\"><\/span><strong>Is Fiem Industries a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Fiem Industries has a debt to equity ratio of 0.05, a return on equity of 21.04% and a P\/E of 17.81 against an industry P\/E of 36.86. The vehicle cycle, customer concentration and capex move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Fiem_Industries_SJS_Enterprises_and_Balu_Forge\"><\/span><strong>What is the P\/E ratio of Fiem Industries, SJS Enterprises and Balu Forge?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 17.81 for Fiem Industries (industry 36.86), 30.22 for SJS Enterprises (industry 36.86) and 23.86 for Balu Forge (industry 50.82). All three trade below the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_auto_lighting_and_aesthetics_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these auto lighting and aesthetics stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Fiem Industries has the highest return on equity at 21.04%, followed by SJS Enterprises at 19.67% and Balu Forge Industries at 16.24%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_auto_lighting_and_aesthetics_stocks\"><\/span><strong>What are the risks of investing in auto lighting and aesthetics stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are vehicle production cycles, dependence on a few vehicle makers, heavy capex and uneven quarterly profit. Balu Forge&#8217;s FY26 capex of Rs 353.95 Cr was far above its operating cash flow.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Fiem_Industries_SJS_Enterprises_and_Balu_Forge_perform_in_Q1_FY27\"><\/span><strong>How did Fiem Industries, SJS Enterprises and Balu Forge perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Fiem Industries reported revenue of Rs 780.20 crore, up 17.4% year on year, and net profit rose 12.9% to Rs 64.92 crore. SJS Enterprises reported revenue of Rs 266.29 crore, up 25.3% year on year, and net profit rose 115.0% to Rs 74.42 crore. Balu Forge Industries reported revenue of Rs 304.57 crore, up 29.7% year on year, and net profit rose 15.9% to Rs 66.09 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_auto_lighting_and_aesthetics_stocks_pay_dividends\"><\/span><strong>Do auto lighting and aesthetics stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, all three companies pay dividends. The dividend yield is 2.25% for Fiem Industries, 0.18% for SJS Enterprises and 0.03% for Balu Forge, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_auto_lighting_and_aesthetics_stocks_in_India\"><\/span><strong>How can I invest in auto lighting and aesthetics stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy auto lighting and aesthetics stocks through a demat and trading account on NSE or BSE after checking each company&#8217;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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best auto lighting and aesthetics stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Fiem Industries, SJS Enterprises and Balu Forge Industries stand out for their roadmaps in vehicle lighting, trim and forged components. FY26 revenue growth was 16.3% at Fiem Industries, 26.6% at SJS Enterprises and 21.2% at Balu Forge, and return on equity ranges from 16.24% to 21.04%.\"}},{\"@type\":\"Question\",\"name\":\"Is Fiem Industries a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Fiem Industries has a debt to equity ratio of 0.05, a return on equity of 21.04% and a P\/E of 17.81 against an industry P\/E of 36.86. The vehicle cycle, customer concentration and capex move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.\"}},{\"@type\":\"Question\",\"name\":\"What is the P\/E ratio of Fiem Industries, SJS Enterprises and Balu Forge?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E ratio is 17.81 for Fiem Industries (industry 36.86), 30.22 for SJS Enterprises (industry 36.86) and 23.86 for Balu Forge (industry 50.82). All three trade below the industry multiple.\"}},{\"@type\":\"Question\",\"name\":\"Which of these auto lighting and aesthetics stocks has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Fiem Industries has the highest return on equity at 21.04%, followed by SJS Enterprises at 19.67% and Balu Forge Industries at 16.24%.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in auto lighting and aesthetics stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are vehicle production cycles, dependence on a few vehicle makers, heavy capex and uneven quarterly profit. Balu Forge's FY26 capex of Rs 353.95 Cr was far above its operating cash flow.\"}},{\"@type\":\"Question\",\"name\":\"How did Fiem Industries, SJS Enterprises and Balu Forge perform in Q1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Fiem Industries reported revenue of Rs 780.20 crore, up 17.4% year on year, and net profit rose 12.9% to Rs 64.92 crore. SJS Enterprises reported revenue of Rs 266.29 crore, up 25.3% year on year, and net profit rose 115.0% to Rs 74.42 crore. Balu Forge Industries reported revenue of Rs 304.57 crore, up 29.7% year on year, and net profit rose 15.9% to Rs 66.09 crore.\"}},{\"@type\":\"Question\",\"name\":\"Do auto lighting and aesthetics stocks pay dividends?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, all three companies pay dividends. The dividend yield is 2.25% for Fiem Industries, 0.18% for SJS Enterprises and 0.03% for Balu Forge, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in auto lighting and aesthetics stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy auto lighting and aesthetics 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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fiem Industries, SJS Enterprises and Balu Forge Industries compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":29,"featured_media":290881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[9093,9096,9095,5472,9094],"class_list":["post-290882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-auto-lighting-and-aesthetics-stocks","tag-balu-forge-industries","tag-fiem-industries","tag-sjs-enterprises","tag-vehicle-lighting-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["290881"],"rank_math_title":["Auto Lighting and Aesthetics Stocks: Fiem Industries, SJS Enterpr"],"rank_math_description":["Auto lighting and aesthetics stocks with a strong roadmap: Fiem Industries, SJS Enterprises and Balu Forge Industries compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["auto lighting and aesthetics stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-auto-lighting-and-aesthetics-stocks-with-a-strong-future-roadmap-fiem.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/290882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=290882"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/290882\/revisions"}],"predecessor-version":[{"id":290883,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/290882\/revisions\/290883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/290881"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=290882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=290882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=290882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}