{"id":300470,"date":"2026-10-12T09:37:48","date_gmt":"2026-10-12T04:07:48","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=300470"},"modified":"2026-10-12T09:37:48","modified_gmt":"2026-10-12T04:07:48","slug":"auto-parts-and-dealership-stocks-with-strong-future-roadmap","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/auto-parts-and-dealership-stocks-with-strong-future-roadmap\/","title":{"rendered":"3 Auto Parts and Dealership Stocks With a Strong Future Roadmap: Munjal Auto Industries, Belrise Industries and Landmark Cars"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Munjal Auto Rs 101.32, P\/E 18.33. Belrise Rs 234.17, P\/E 44.80. Landmark Cars Rs 464.70, P\/E 42.79. Closing prices of 9 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 parts and dealership stocks with the clearest long-term roadmaps today include Munjal Auto in two-wheeler parts, Belrise in chassis and suspension parts and Landmark Cars in car dealership network. FY26 revenue growth was 10.9% at Munjal Auto, 15.2% at Belrise and 21.7% at Landmark Cars. P\/E stands at 18.33 for Munjal Auto (industry 37.01), 44.80 for Belrise (industry 37.01) and 42.79 for Landmark Cars (industry 66.59). 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 parts and dealership stocks give investors exposure to two-wheeler parts, chassis components and car dealerships. Vehicle volumes, customer orders and service income decide how much of that demand turns into profit.<\/p>\n<p>This list covers three auto parts and dealership stocks: Munjal Auto Industries for two-wheeler parts, Belrise Industries for chassis and suspension parts and Landmark Cars for car dealership network. Every figure comes from the latest reported financials and the 9 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-parts-and-dealership-stocks-with-strong-future-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-parts-and-dealership-stocks-with-strong-future-roadmap\/#What_Are_Auto_Parts_and_Dealership_Stocks\" title=\"What Are Auto Parts and Dealership Stocks?\">What Are Auto Parts and Dealership 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Auto_Parts_and_Dealership_Stocks_at_a_Glance\" title=\"Auto Parts and Dealership Stocks at a Glance\">Auto Parts and Dealership 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Why_Do_Auto_Parts_and_Dealership_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Auto Parts and Dealership Stocks Have a Strong Roadmap in India?\">Why Do Auto Parts and Dealership 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Munjal_Auto_Industries_Two-Wheeler_Parts_Build_the_Next_Leg\" title=\"Munjal Auto Industries: Two-Wheeler Parts Build the Next Leg\">Munjal Auto Industries: Two-Wheeler Parts 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-5\" href=\"https:\/\/univest.in\/blogs-2\/auto-parts-and-dealership-stocks-with-strong-future-roadmap\/#Belrise_Industries_Chassis_and_Suspension_Parts_Drive_the_Pipeline\" title=\"Belrise Industries: Chassis and Suspension Parts Drive the Pipeline\">Belrise Industries: Chassis and Suspension Parts 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Landmark_Cars_Car_Dealerships_Build_the_Next_Leg\" title=\"Landmark Cars: Car Dealerships Build the Next Leg\">Landmark Cars: Car Dealerships 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Best_Auto_Parts_and_Dealership_Stocks_in_India_Munjal_Auto_vs_Belrise_vs_Landmark_Cars_on_Key_Financials\" title=\"Best Auto Parts and Dealership Stocks in India: Munjal Auto vs Belrise vs Landmark Cars on Key Financials\">Best Auto Parts and Dealership Stocks in India: Munjal Auto vs Belrise vs Landmark Cars 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#How_to_Evaluate_Auto_Parts_and_Dealership_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Auto Parts and Dealership Stocks to Buy Before You Invest\">How to Evaluate Auto Parts and Dealership 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Risks_to_Consider_Before_Investing_in_Auto_Parts_and_Dealership_Stocks\" title=\"Risks to Consider Before Investing in Auto Parts and Dealership Stocks\">Risks to Consider Before Investing in Auto Parts and Dealership 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-parts-and-dealership-stocks-with-strong-future-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-parts-and-dealership-stocks-with-strong-future-roadmap\/#FAQs_on_Auto_Parts_and_Dealership_Stocks\" title=\"FAQs on Auto Parts and Dealership Stocks\">FAQs on Auto Parts and Dealership 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Which_are_the_best_auto_parts_and_dealership_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best auto parts and dealership stocks in India with a strong roadmap?\">Which are the best auto parts and dealership 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Is_Munjal_Auto_Industries_a_good_stock_to_buy_now\" title=\"Is Munjal Auto Industries a good stock to buy now?\">Is Munjal Auto 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#What_is_the_PE_ratio_of_Munjal_Auto_Belrise_and_Landmark_Cars\" title=\"What is the P\/E ratio of Munjal Auto, Belrise and Landmark Cars?\">What is the P\/E ratio of Munjal Auto, Belrise and Landmark Cars?<\/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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Which_of_these_auto_parts_and_dealership_stocks_has_the_highest_return_on_equity\" title=\"Which of these auto parts and dealership stocks has the highest return on equity?\">Which of these auto parts and dealership 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#What_are_the_risks_of_investing_in_auto_parts_and_dealership_stocks\" title=\"What are the risks of investing in auto parts and dealership stocks?\">What are the risks of investing in auto parts and dealership 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#How_did_Munjal_Auto_Belrise_and_Landmark_Cars_perform_in_Q1_FY27\" title=\"How did Munjal Auto, Belrise and Landmark Cars perform in Q1 FY27?\">How did Munjal Auto, Belrise and Landmark Cars 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#Do_auto_parts_and_dealership_stocks_pay_dividends\" title=\"Do auto parts and dealership stocks pay dividends?\">Do auto parts and dealership 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-parts-and-dealership-stocks-with-strong-future-roadmap\/#How_can_I_invest_in_auto_parts_and_dealership_stocks_in_India\" title=\"How can I invest in auto parts and dealership stocks in India?\">How can I invest in auto parts and dealership stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Auto_Parts_and_Dealership_Stocks\"><\/span><strong>What Are Auto Parts and Dealership Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Auto parts and dealership stocks are shares of companies that make vehicle parts or sell and service cars. Results depend on vehicle volumes, customer orders and service income, so margin stability and volume growth separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Auto_Parts_and_Dealership_Stocks_at_a_Glance\"><\/span><strong>Auto Parts and Dealership 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 parts and dealership stocks as of the 9 Oct 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\/munjalau\/munjal-auto-industries-ltd-share-price-today\">Munjal Auto Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">101.32<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,016<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.33<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">37.01<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.74%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.95<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/belrise\/belrise-industries-ltd-share-price-today\">Belrise Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">234.17<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22,704<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.80<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">37.01<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.51%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.29<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/landmark\/landmark-cars-ltd-share-price-today\">Landmark Cars<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">464.70<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,938<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">42.79<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">66.59<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.38%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.50<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among automobile stocks, Belrise trades at a premium to the industry P\/E, while Munjal Auto and Landmark Cars trade at a discount.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Auto_Parts_and_Dealership_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Auto Parts and Dealership Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Auto parts and dealership stocks have a strong roadmap in India because vehicle sales are recovering, makers are sourcing more parts locally and car owners spend steadily on service and spares. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Vehicle volume recovery:<\/strong> Two-wheeler and car sales drive orders for parts and dealerships.<\/li>\n<li><strong>Local sourcing:<\/strong> Vehicle makers are working with domestic suppliers for chassis and body parts.<\/li>\n<li><strong>Service and spare parts:<\/strong> Dealerships earn steady income from service and parts.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Munjal_Auto_Industries_Two-Wheeler_Parts_Build_the_Next_Leg\"><\/span><strong>Munjal Auto Industries: Two-Wheeler Parts Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Munjal Auto&#8217;s roadmap rests on two-wheeler frames, wheels and plastic parts supplied to leading two-wheeler makers, with two-wheeler demand supporting volumes.<\/p>\n<p>Revenue grew from Rs 1,921.13 crore in FY22 to Rs 2,325.62 crore in FY26, a 21.1% rise, and FY26 revenue was 10.9% higher than FY25. FY26 net profit rose 18.1% to Rs 46.15 crore. Over four years, net profit rose from Rs 29.61 crore in FY22 to Rs 46.15 crore. In Q1 FY27, revenue grew 42.8% to Rs 719.39 crore, and net profit rose 47.6% to Rs 28.50 crore. Operating margin was 6.40% in FY26 and 9.21% in Q1 FY27 against 10.60% a year earlier.<\/p>\n<p>Debt to equity is 0.95 and return on equity is 7.74%. FY26 operating cash flow was Rs 44.67 crore against capital expenditure of Rs 73.33 crore. Munjal Auto paid a dividend of Rs 1 per share for FY26, a yield of 0.98%. At a P\/E of 18.33 against an industry P\/E of 37.01, the stock trades below its industry multiple.<\/p>\n<p>What to watch: Return on equity of 7.74% is modest, and net profit margin is only 2.0%, so small cost changes move earnings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Belrise_Industries_Chassis_and_Suspension_Parts_Drive_the_Pipeline\"><\/span><strong>Belrise Industries: Chassis and Suspension Parts Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Belrise&#8217;s roadmap rests on sheet metal, suspension and chassis parts for two-wheelers, three-wheelers and commercial vehicles, with vehicle demand supporting volumes.<\/p>\n<p>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 and 12.24% in Q1 FY27 against 13.68% a year earlier.<\/p>\n<p>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.<\/p>\n<p>What to watch: Q1 FY27 operating margin was 12.24% against 13.23% for FY26, so margin stability is the figure to follow as volumes grow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Landmark_Cars_Car_Dealerships_Build_the_Next_Leg\"><\/span><strong>Landmark Cars: Car Dealerships Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Landmark Cars&#8217; roadmap rests on passenger car dealerships with sales, service and spare parts operations, with premium car sales and service income supporting revenue.<\/p>\n<p>Revenue grew from Rs 2,989.12 crore in FY22 to Rs 4,914.38 crore in FY26, a 64.4% rise, and FY26 revenue was 21.7% higher than FY25. FY26 net profit was Rs 37.31 crore. In Q1 FY27, revenue grew 22.4% to Rs 1,305.60 crore.<\/p>\n<p>Debt to equity is 1.50 and return on equity is 6.38%. The dividend yield is 0.32%. At a P\/E of 42.79 against an industry P\/E of 66.59, the stock trades below its industry multiple.<\/p>\n<p>What to watch: Return on equity of 6.38% is modest, and debt to equity of 1.50 is on the higher side.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Auto_Parts_and_Dealership_Stocks_in_India_Munjal_Auto_vs_Belrise_vs_Landmark_Cars_on_Key_Financials\"><\/span><strong>Best Auto Parts and Dealership Stocks in India: Munjal Auto vs Belrise vs Landmark Cars on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best auto parts and dealership stocks in India, Munjal Auto leads on Q1 FY27 revenue growth and the lowest P\/E; Belrise leads on return on equity and the lowest debt to equity; Landmark Cars leads on FY26 revenue growth. 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;\">Munjal Auto<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Belrise<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Landmark Cars<\/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;\">2,325.62<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9,618.86<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,914.38<\/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;\">10.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.7%<\/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;\">46.15<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">496.86<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">37.31<\/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;\">42.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.4%<\/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;\">7.74%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.51%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.38%<\/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;\">18.33<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.80<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">42.79<\/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;\">0.95<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.29<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.50<\/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;\">0.98%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.22%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.32%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Auto earnings follow vehicle volumes, customer orders and service income, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Auto_Parts_and_Dealership_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Auto Parts and Dealership 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 parts and dealership stocks and shortlist auto parts and dealership stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which differs by company here.<\/li>\n<li>Check customer concentration for parts makers and the mix of sales and service income for dealers, because both shape margin stability.<\/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 parts and dealership stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Auto_Parts_and_Dealership_Stocks\"><\/span><strong>Risks to Consider Before Investing in Auto Parts and Dealership Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Debt and cash flow:<\/strong> Landmark Cars has debt to equity of 1.50.<\/li>\n<li><strong>Vehicle cycles:<\/strong> A slowdown in vehicle sales can reduce volumes.<\/li>\n<li><strong>Input costs:<\/strong> Steel and plastics prices can change margins.<\/li>\n<li><strong>Quarterly trends:<\/strong> A single weak quarter can change near-term earnings, so track results every quarter.<\/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 Munjal Auto, Belrise and Landmark Cars live.<\/em><\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/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 automobile stocks cover a two-wheeler parts maker, a chassis and suspension components maker and a car dealership group. Munjal Auto leads on Q1 FY27 revenue growth and the lowest P\/E; Belrise leads on return on equity and the lowest debt to equity; Landmark Cars leads on FY26 revenue growth.<\/p>\n<p>Across auto parts and dealership 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 auto parts and dealership 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_Parts_and_Dealership_Stocks\"><\/span><strong>FAQs on Auto Parts and Dealership Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_auto_parts_and_dealership_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best auto parts and dealership stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Munjal Auto Industries, Belrise Industries and Landmark Cars stand out for their roadmaps in a two-wheeler parts maker, a chassis and suspension components maker and a car dealership group. FY26 revenue growth was 10.9% at Munjal Auto, 15.2% at Belrise and 21.7% at Landmark Cars, and return on equity ranges from 6.38% to 9.51%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Munjal_Auto_Industries_a_good_stock_to_buy_now\"><\/span><strong>Is Munjal Auto Industries a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Munjal Auto Industries has a debt to equity ratio of 0.95, a return on equity of 7.74% and a P\/E of 18.33 against an industry P\/E of 37.01. Valuation, vehicle demand and input costs 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_Munjal_Auto_Belrise_and_Landmark_Cars\"><\/span><strong>What is the P\/E ratio of Munjal Auto, Belrise and Landmark Cars?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 18.33 for Munjal Auto (industry 37.01), 44.80 for Belrise (industry 37.01) and 42.79 for Landmark Cars (industry 66.59). Only Belrise trades at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_auto_parts_and_dealership_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these auto parts and dealership stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Belrise Industries has the highest return on equity at 9.51%, followed by Munjal Auto Industries at 7.74% and Landmark Cars at 6.38%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_auto_parts_and_dealership_stocks\"><\/span><strong>What are the risks of investing in auto parts and dealership stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are debt and cash flow, vehicle cycles, input costs and quarterly trends. Landmark Cars has debt to equity of 1.50.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Munjal_Auto_Belrise_and_Landmark_Cars_perform_in_Q1_FY27\"><\/span><strong>How did Munjal Auto, Belrise and Landmark Cars perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Munjal Auto Industries reported revenue of Rs 719.39 crore, up 42.8% year on year, and net profit rose 47.6% to Rs 28.50 crore. 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. Landmark Cars reported revenue of Rs 1,305.60 crore, up 22.4% year on year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_auto_parts_and_dealership_stocks_pay_dividends\"><\/span><strong>Do auto parts and dealership 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 0.98% for Munjal Auto, 0.22% for Belrise and 0.32% for Landmark Cars, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_auto_parts_and_dealership_stocks_in_India\"><\/span><strong>How can I invest in auto parts and dealership stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy auto parts and dealership 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 parts and dealership stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Munjal Auto Industries, Belrise Industries and Landmark Cars stand out for their roadmaps in a two-wheeler parts maker, a chassis and suspension components maker and a car dealership group. 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Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Munjal Auto Industries, Belrise Industries and Landmark Cars compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":36,"featured_media":300468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[10997,10998,11000,11001,10999],"class_list":["post-300470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-auto-parts-and-dealership-stocks","tag-auto-parts-and-dealership-stocks-to-buy","tag-belrise-industries","tag-landmark-cars","tag-munjal-auto-industries"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["300468"],"rank_math_title":["Auto Parts and Dealership Stocks: Top 3 Roadmap Picks"],"rank_math_description":["Auto parts and dealership stocks with a strong roadmap: Munjal Auto, Belrise and Landmark Cars compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["auto parts and dealership 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-parts-and-dealership-stocks-with-a-strong-future-roadmap-munjal-auto.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300470","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\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=300470"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300470\/revisions"}],"predecessor-version":[{"id":300471,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300470\/revisions\/300471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/300468"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=300470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=300470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=300470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}