{"id":321136,"date":"2026-10-21T16:06:33","date_gmt":"2026-10-21T10:36:33","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=321136"},"modified":"2026-10-21T16:06:33","modified_gmt":"2026-10-21T10:36:33","slug":"suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/","title":{"rendered":"3 Suspension Systems, Brake Pads and Bus Bodies Stocks With a Strong Future Roadmap: Endurance Technologies, ASK Automotive and JBM Auto"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Endurance Technologies, ASK Automotive and JBM Auto: ROE of 13.9% to 22.7% and FY22 to FY26 revenue CAGR of 18.0% to 20.0%. Prices as of 20 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;\">The three braking and suspension stocks to watch are Endurance Technologies, ASK Automotive and JBM Auto. Their return on equity ranges from 13.9% to 22.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 18.0% to 20.0%. ASK Automotive leads on both return on equity at 22.7% and revenue growth at 20.0% a year. Prices are based on the 20 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Braking and suspension stocks let investors follow the systems that keep vehicles safe and comfortable. Endurance Technologies, ASK Automotive and JBM Auto cover suspension, brakes and castings, brake pads and light-weighting parts and sheet metal components with buses.<\/p>\n<p>This list covers three braking and suspension stocks with complete current figures: Endurance Technologies, ASK Automotive and JBM Auto. Every figure comes from the latest reported financials and the 20 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#What_Are_Braking_and_Suspension_Stocks\" title=\"What Are Braking and Suspension Stocks?\">What Are Braking and Suspension 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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Braking_and_Suspension_Stocks_at_a_Glance\" title=\"Braking and Suspension Stocks at a Glance\">Braking and Suspension 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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Why_Do_Braking_and_Suspension_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Braking and Suspension Stocks Have a Strong Roadmap in India?\">Why Do Braking and Suspension 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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Why_Endurance_Technologies_Features_Among_These_Braking_and_Suspension_Stocks\" title=\"Why Endurance Technologies Features Among These Braking and Suspension Stocks\">Why Endurance Technologies Features Among These Braking and Suspension Stocks<\/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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Why_ASK_Automotive_Features_Among_These_Braking_and_Suspension_Stocks\" title=\"Why ASK Automotive Features Among These Braking and Suspension Stocks\">Why ASK Automotive Features Among These Braking and Suspension Stocks<\/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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Why_JBM_Auto_Features_Among_These_Braking_and_Suspension_Stocks\" title=\"Why JBM Auto Features Among These Braking and Suspension Stocks\">Why JBM Auto Features Among These Braking and Suspension Stocks<\/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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Endurance_Technologies_vs_ASK_Automotive_vs_JBM_Auto_on_Key_Financials\" title=\"Endurance Technologies vs ASK Automotive vs JBM Auto on Key Financials\">Endurance Technologies vs ASK Automotive vs JBM Auto 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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Key_Risks_to_Check_Before_Investing_in_Braking_and_Suspension_Stocks\" title=\"Key Risks to Check Before Investing in Braking and Suspension Stocks\">Key Risks to Check Before Investing in Braking and Suspension Stocks<\/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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Final_Thoughts_on_Braking_and_Suspension_Stocks\" title=\"Final Thoughts on Braking and Suspension Stocks\">Final Thoughts on Braking and Suspension Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#What_are_braking_and_suspension_stocks\" title=\"What are braking and suspension stocks?\">What are braking and suspension stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Which_braking_and_suspension_stocks_are_covered_in_this_list\" title=\"Which braking and suspension stocks are covered in this list?\">Which braking and suspension stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Why_do_braking_and_suspension_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do braking and suspension stocks have a strong future roadmap in India?\">Why do braking and suspension stocks have a strong future roadmap in India?<\/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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#How_has_Endurance_Technologies_performed_financially\" title=\"How has Endurance Technologies performed financially?\">How has Endurance Technologies performed financially?<\/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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#How_has_ASK_Automotive_performed_financially\" title=\"How has ASK Automotive performed financially?\">How has ASK Automotive performed financially?<\/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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#How_has_JBM_Auto_performed_financially\" title=\"How has JBM Auto performed financially?\">How has JBM Auto performed financially?<\/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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#What_risks_should_investors_check_before_buying_braking_and_suspension_stocks\" title=\"What risks should investors check before buying braking and suspension stocks?\">What risks should investors check before buying braking and suspension 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\/suspension-systems-brake-pads-and-bus-bodies-stocks-roadmap-ascent-list\/#Is_this_list_of_braking_and_suspension_stocks_investment_advice\" title=\"Is this list of braking and suspension stocks investment advice?\">Is this list of braking and suspension stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Braking_and_Suspension_Stocks\"><\/span><strong>What Are Braking and Suspension Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Braking and suspension stocks are listed companies that make suspension systems, brakes, sheet metal parts and buses. Their earnings follow vehicle production, safety norms and fleet orders.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Braking_and_Suspension_Stocks_at_a_Glance\"><\/span><strong>Braking and Suspension Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\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;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/endurance\/endurance-technologies-ltd-share-price-today\">Endurance Technologies<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,368.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">33,317<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">34.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.19<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/askautoltd\/ask-automotive-ltd-share-price-today\">ASK Automotive<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">566.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11,184<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.52<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/jbma\/jbm-auto-ltd-share-price-today\">JBM Auto<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">529.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,533<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">51.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.97<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Endurance Technologies and ASK Automotive trade at a P\/E below the industry P\/E, while JBM Auto trades above it, which reflects the growth the market already expects. Readers comparing braking and suspension stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Braking_and_Suspension_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Braking and Suspension Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Braking and suspension stocks have a strong roadmap in India because vehicle production is rising, safety rules are becoming stricter and electric bus programmes are expanding.<\/p>\n<ul>\n<li><strong>Safety norms.<\/strong> Anti-lock braking and better suspension raise content per vehicle.<\/li>\n<li><strong>Premium two-wheelers.<\/strong> Higher-end models use more engineered parts.<\/li>\n<li><strong>Bus programmes.<\/strong> City transport projects order buses and components.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Endurance_Technologies_Features_Among_These_Braking_and_Suspension_Stocks\"><\/span><strong>Why Endurance Technologies Features Among These Braking and Suspension Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the braking and suspension stocks on this list, Endurance Technologies is a Chhatrapati Sambhajinagar-based auto component maker that supplies suspension, brake systems, aluminium castings and transmission parts to two-wheeler, three-wheeler and car makers in India and Europe.<\/p>\n<p>Revenue rose from Rs 7,590 crore in FY22 to Rs 14,720 crore in FY26, a compound annual growth rate of 18.0%. Net profit grew from Rs 461 crore in FY22 to Rs 952 crore in FY26, which works out to a compound annual growth rate of 19.9%.<\/p>\n<p>In the June 2026 quarter, revenue grew 29.6% year on year to Rs 4,348 crore, while net profit rose 8.0% to Rs 245 crore. The company has a return on equity of 13.9%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 33,317 crore. The stock trades at a P\/E of 34.4, below the industry P\/E of 36.9.<\/p>\n<p><strong>Roadmap:<\/strong> The company benefits from rising two-wheeler demand and from the move to anti-lock braking and premium suspension. Its European operations and growing business in electric vehicles widen its base.<\/p>\n<p><strong>What to watch:<\/strong> Track growth in braking and suspension content and the European business.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_ASK_Automotive_Features_Among_These_Braking_and_Suspension_Stocks\"><\/span><strong>Why ASK Automotive Features Among These Braking and Suspension Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the brake pad and bus body shares on this list, ASK Automotive makes brake shoes, brake pads, wheel assemblies and aluminium light-weighting parts, mainly for two-wheelers and with a growing presence in passenger vehicles.<\/p>\n<p>In the June 2026 quarter, revenue grew 52.1% year on year to Rs 1,361 crore, while net profit rose 28.8% to Rs 85.1 crore. Revenue rose from Rs 2,024 crore in FY22 to Rs 4,196 crore in FY26, a compound annual growth rate of 20.0%.<\/p>\n<p>Net profit grew from Rs 82.7 crore in FY22 to Rs 297 crore in FY26, which works out to a compound annual growth rate of 37.7%. The company has a return on equity of 22.7%, a debt to equity ratio of 0.52 and a market capitalisation of Rs 11,184 crore. The stock trades at a P\/E of 35.4, below the industry P\/E of 36.9.<\/p>\n<p><strong>Roadmap:<\/strong> The company is widening its reach beyond two-wheelers, scaling aluminium parts and adding supply for electric vehicles. Safety content such as disc brakes is rising in new models, which helps revenue per vehicle.<\/p>\n<p><strong>What to watch:<\/strong> Follow two-wheeler industry volumes and progress in new aluminium programmes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_JBM_Auto_Features_Among_These_Braking_and_Suspension_Stocks\"><\/span><strong>Why JBM Auto Features Among These Braking and Suspension Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, JBM Auto makes sheet metal components, tooling, and buses, and is a significant supplier of electric buses and sheet metal parts to leading vehicle makers.<\/p>\n<p>The company has a return on equity of 14.2%, a debt to equity ratio of 1.97 and a market capitalisation of Rs 12,533 crore. The stock trades at a P\/E of 51.5, above the industry P\/E of 36.9.<\/p>\n<p>Revenue rose from Rs 3,214 crore in FY22 to Rs 6,227 crore in FY26, a compound annual growth rate of 18.0%. Net profit grew from Rs 156 crore in FY22 to Rs 238 crore in FY26, which works out to a compound annual growth rate of 11.1%. In the June 2026 quarter, revenue grew 13.9% year on year to Rs 1,474 crore, while net profit rose 13.4% to Rs 44.3 crore.<\/p>\n<p><strong>Roadmap:<\/strong> The company has secured large orders for electric buses under city transport programmes and supplies body and chassis components to passenger vehicle and commercial vehicle makers. Its manufacturing scale supports growth in both businesses.<\/p>\n<p><strong>What to watch:<\/strong> Track electric bus deliveries and the progress of orders under city bus programmes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Endurance_Technologies_vs_ASK_Automotive_vs_JBM_Auto_on_Key_Financials\"><\/span><strong>Endurance Technologies vs ASK Automotive vs JBM Auto on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three braking and suspension stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\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;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Endurance Technologies<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7,590<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14,720<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">952<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">ASK Automotive<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,024<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,196<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">297<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">JBM Auto<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,214<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,227<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">238<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>ASK Automotive posts the highest return on equity in this group at 22.7%. Endurance Technologies has the largest FY26 revenue at Rs 14,720 crore, and ASK Automotive shows the fastest revenue growth with a 20.0% compound annual rate. A useful habit with braking and suspension stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<p>The June 2026 quarter, the latest reported, gives a fresh read on momentum:<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\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;\">Q1 FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Q1 FY27 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Year-on-Year Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Endurance Technologies<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,355<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,348<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">29.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">ASK Automotive<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">895<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,361<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">52.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">JBM Auto<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,294<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,474<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Braking_and_Suspension_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Braking and Suspension Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these braking and suspension stocks, the main points are: Long-term brake pad and bus body shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Vehicle cycles.<\/strong> Component demand follows vehicle sales.<\/li>\n<li><strong>Tender timing.<\/strong> Bus orders may be awarded unevenly.<\/li>\n<li><strong>Raw material costs.<\/strong> Steel and aluminium prices influence margins.<\/li>\n<\/ul>\n<p>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.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter braking and suspension stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Braking_and_Suspension_Stocks\"><\/span><strong>Final Thoughts on Braking and Suspension Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Braking and suspension stocks suit investors who follow production data and safety-driven content growth. Endurance Technologies, ASK Automotive and JBM Auto each tie their growth to a defined part of the vehicle. Based on the 20 October 2026 close, Endurance Technologies trades at Rs 2,368.8, ASK Automotive at Rs 566.65 and JBM Auto at Rs 529.2.<\/p>\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 braking and suspension stocks, set price alerts and get research-backed stock ideas.<\/em><\/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<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_braking_and_suspension_stocks\"><\/span><strong>What are braking and suspension stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Braking and suspension stocks are listed companies that make suspension systems, brakes, sheet metal parts and buses. Their earnings follow vehicle production, safety norms and fleet orders. This list looks at three of them, Endurance Technologies, ASK Automotive and JBM Auto, using reported FY22 to FY26 financials and the 20 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_braking_and_suspension_stocks_are_covered_in_this_list\"><\/span><strong>Which braking and suspension stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Endurance Technologies, ASK Automotive and JBM Auto. Based on the 20 October 2026 close, Endurance Technologies traded at Rs 2,368.8, ASK Automotive at Rs 566.65 and JBM Auto at Rs 529.2. Their return on equity ranges from 13.9% to 22.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 18.0% to 20.0%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_braking_and_suspension_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do braking and suspension stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Braking and suspension stocks have a strong roadmap in India because vehicle production is rising, safety rules are becoming stricter and electric bus programmes are expanding. The main drivers are as follows. Safety norms. Anti-lock braking and better suspension raise content per vehicle. Premium two-wheelers. Higher-end models use more engineered parts. Bus programmes. City transport projects order buses and components. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Endurance_Technologies_performed_financially\"><\/span><strong>How has Endurance Technologies performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 7,590 crore in FY22 to Rs 14,720 crore in FY26, a compound annual growth rate of 18.0%. Net profit grew from Rs 461 crore in FY22 to Rs 952 crore in FY26, which works out to a compound annual growth rate of 19.9%. In the June 2026 quarter, revenue grew 29.6% year on year to Rs 4,348 crore, while net profit rose 8.0% to Rs 245 crore. The company has a return on equity of 13.9%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 33,317 crore. The stock trades at a P\/E of 34.4, below the industry P\/E of 36.9. Looking ahead, the company benefits from rising two-wheeler demand and from the move to anti-lock braking and premium suspension. Its European operations and growing business in electric vehicles widen its base.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_ASK_Automotive_performed_financially\"><\/span><strong>How has ASK Automotive performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 2,024 crore in FY22 to Rs 4,196 crore in FY26, a compound annual growth rate of 20.0%. Net profit grew from Rs 82.7 crore in FY22 to Rs 297 crore in FY26, which works out to a compound annual growth rate of 37.7%. In the June 2026 quarter, revenue grew 52.1% year on year to Rs 1,361 crore, while net profit rose 28.8% to Rs 85.1 crore. The company has a return on equity of 22.7%, a debt to equity ratio of 0.52 and a market capitalisation of Rs 11,184 crore. The stock trades at a P\/E of 35.4, below the industry P\/E of 36.9. Looking ahead, the company is widening its reach beyond two-wheelers, scaling aluminium parts and adding supply for electric vehicles. Safety content such as disc brakes is rising in new models, which helps revenue per vehicle.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_JBM_Auto_performed_financially\"><\/span><strong>How has JBM Auto performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 3,214 crore in FY22 to Rs 6,227 crore in FY26, a compound annual growth rate of 18.0%. Net profit grew from Rs 156 crore in FY22 to Rs 238 crore in FY26, which works out to a compound annual growth rate of 11.1%. In the June 2026 quarter, revenue grew 13.9% year on year to Rs 1,474 crore, while net profit rose 13.4% to Rs 44.3 crore. The company has a return on equity of 14.2%, a debt to equity ratio of 1.97 and a market capitalisation of Rs 12,533 crore. The stock trades at a P\/E of 51.5, above the industry P\/E of 36.9. Looking ahead, the company has secured large orders for electric buses under city transport programmes and supplies body and chassis components to passenger vehicle and commercial vehicle makers. Its manufacturing scale supports growth in both businesses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_braking_and_suspension_stocks\"><\/span><strong>What risks should investors check before buying braking and suspension stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying braking and suspension stocks. Vehicle cycles. Component demand follows vehicle sales. Tender timing. Bus orders may be awarded unevenly. Raw material costs. Steel and aluminium prices influence margins. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_braking_and_suspension_stocks_investment_advice\"><\/span><strong>Is this list of braking and suspension stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 20 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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are braking and suspension stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Braking and suspension stocks are listed companies that make suspension systems, brakes, sheet metal parts and buses. Their earnings follow vehicle production, safety norms and fleet orders. This list looks at three of them, Endurance Technologies, ASK Automotive and JBM Auto, using reported FY22 to FY26 financials and the 20 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which braking and suspension stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Endurance Technologies, ASK Automotive and JBM Auto. Based on the 20 October 2026 close, Endurance Technologies traded at Rs 2,368.8, ASK Automotive at Rs 566.65 and JBM Auto at Rs 529.2. Their return on equity ranges from 13.9% to 22.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 18.0% to 20.0%.\"}},{\"@type\":\"Question\",\"name\":\"Why do braking and suspension stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Braking and suspension stocks have a strong roadmap in India because vehicle production is rising, safety rules are becoming stricter and electric bus programmes are expanding. The main drivers are as follows. Safety norms. Anti-lock braking and better suspension raise content per vehicle. Premium two-wheelers. Higher-end models use more engineered parts. Bus programmes. City transport projects order buses and components. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Endurance Technologies performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 7,590 crore in FY22 to Rs 14,720 crore in FY26, a compound annual growth rate of 18.0%. Net profit grew from Rs 461 crore in FY22 to Rs 952 crore in FY26, which works out to a compound annual growth rate of 19.9%. In the June 2026 quarter, revenue grew 29.6% year on year to Rs 4,348 crore, while net profit rose 8.0% to Rs 245 crore. The company has a return on equity of 13.9%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 33,317 crore. The stock trades at a P\/E of 34.4, below the industry P\/E of 36.9. Looking ahead, the company benefits from rising two-wheeler demand and from the move to anti-lock braking and premium suspension. Its European operations and growing business in electric vehicles widen its base.\"}},{\"@type\":\"Question\",\"name\":\"How has ASK Automotive performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 2,024 crore in FY22 to Rs 4,196 crore in FY26, a compound annual growth rate of 20.0%. Net profit grew from Rs 82.7 crore in FY22 to Rs 297 crore in FY26, which works out to a compound annual growth rate of 37.7%. In the June 2026 quarter, revenue grew 52.1% year on year to Rs 1,361 crore, while net profit rose 28.8% to Rs 85.1 crore. The company has a return on equity of 22.7%, a debt to equity ratio of 0.52 and a market capitalisation of Rs 11,184 crore. The stock trades at a P\/E of 35.4, below the industry P\/E of 36.9. Looking ahead, the company is widening its reach beyond two-wheelers, scaling aluminium parts and adding supply for electric vehicles. Safety content such as disc brakes is rising in new models, which helps revenue per vehicle.\"}},{\"@type\":\"Question\",\"name\":\"How has JBM Auto performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 3,214 crore in FY22 to Rs 6,227 crore in FY26, a compound annual growth rate of 18.0%. Net profit grew from Rs 156 crore in FY22 to Rs 238 crore in FY26, which works out to a compound annual growth rate of 11.1%. In the June 2026 quarter, revenue grew 13.9% year on year to Rs 1,474 crore, while net profit rose 13.4% to Rs 44.3 crore. The company has a return on equity of 14.2%, a debt to equity ratio of 1.97 and a market capitalisation of Rs 12,533 crore. The stock trades at a P\/E of 51.5, above the industry P\/E of 36.9. Looking ahead, the company has secured large orders for electric buses under city transport programmes and supplies body and chassis components to passenger vehicle and commercial vehicle makers. Its manufacturing scale supports growth in both businesses.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying braking and suspension stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying braking and suspension stocks. Vehicle cycles. Component demand follows vehicle sales. Tender timing. Bus orders may be awarded unevenly. Raw material costs. Steel and aluminium prices influence margins. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.\"}},{\"@type\":\"Question\",\"name\":\"Is this list of braking and suspension stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 20 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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Braking and Suspension Stocks with a strong future roadmap: Endurance Technologies, ASK Automotive and JBM Auto. Compare price, valuation, return on equity and revenue growth as of 20 October 2026.<\/p>\n","protected":false},"author":28,"featured_media":321135,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[9667,3803,14094,14093,7001,7387,14095],"class_list":["post-321136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-ask-automotive","tag-best-stocks","tag-brake-pad-and-bus-body-shares","tag-braking-and-suspension-stocks","tag-endurance-technologies","tag-jbm-auto","tag-vehicle-systems-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["321135"],"rank_math_title":["Braking and Suspension Stocks With a Strong Roadmap"],"rank_math_description":["Compare 3 braking and suspension stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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