3 Auto and Engineered Plastic Stocks With a Strong Future Roadmap: JBM Auto, Sharda Motor Industries and Shaily Engineering Plastics

JBM Auto Rs 547.00, P/E 53.15. Sharda Motor Rs 924.85, P/E 16.00. Shaily Rs 3,085.30, P/E 80.27. Closing prices of 7 Oct 2026.

Updated: 8 Oct 2026 • 11:40 am

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3 Auto and Engineered Plastic Stocks With a Strong Future Roadmap: JBM Auto, Sharda Motor Industries and Shaily Engineering Plastics

Quick Answer

Auto and engineered plastic stocks with the clearest long-term roadmaps today include JBM Auto in sheet metal components, tooling and electric buses, Sharda Motor Industries in exhaust systems and components for vehicle makers and Shaily Engineering Plastics in engineered plastic components for healthcare, auto and consumer users. FY26 revenue growth was 12.7% at JBM Auto, 19.3% at Sharda Motor and 26.5% at Shaily. P/E stands at 53.15 for JBM Auto (industry 37.24), 16.00 for Sharda Motor (industry 37.24) and 80.27 for Shaily (industry 36.21). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company's risks need equal attention.

Auto and engineered plastic stocks give investors exposure to makers of bus bodies, exhaust systems and moulded plastic parts. Results depend on vehicle production, customer programmes and operating margin, which is why customer mix matters as much as headline growth.

This list covers three vehicle and moulded component stocks: JBM Auto for sheet metal components, tooling and electric buses, Sharda Motor Industries for exhaust systems and components for vehicle makers and Shaily Engineering Plastics for engineered plastic components for healthcare, auto and consumer users. Every figure comes from the latest reported financials and the 7 October 2026 market close. Companies without complete current figures were left out.

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Table of Contents

What Are Auto and Engineered Plastic Stocks?

Auto and engineered plastic stocks are shares of companies that make metal and plastic components for vehicles, healthcare devices and consumer goods. Results depend on vehicle production, customer programmes, raw material costs and operating margin, so long customer ties and new programmes separate the stronger names.

Auto and Engineered Plastic Stocks at a Glance

The table compares size, valuation, return on equity and debt for the three auto and engineered plastic stocks as of the 7 October 2026 close.

Company	CMP (Rs)	Market Cap (Rs Cr)	P/E	Industry P/E	ROE	Debt to Equity
JBM Auto	547.00	12,934	53.15	37.24	14.22%	1.97
Sharda Motor Industries	924.85	5,311	16.00	37.24	26.31%	0.04
Shaily Engineering Plastics	3,085.30	14,192	80.27	36.21	23.71%	0.25

Among vehicle and moulded component stocks, Sharda Motor trades below the industry P/E, while JBM Auto and Shaily trade at a premium to the industry multiple.

Why Do Auto and Engineered Plastic Stocks Have a Strong Roadmap in India?

Auto and engineered plastic stocks have a strong roadmap in India because vehicle output is rising, city buses are going electric and global customers are shifting moulded parts to India. Three drivers stand out.

Rising vehicle output: More vehicles need more parts.
Electric bus tenders: Cities order electric buses.
Global moulding programmes: Overseas customers source plastic parts from India.

JBM Auto: Sheet Metal Components and Electric Buses Anchor the Roadmap

JBM Auto's roadmap rests on sheet metal components, tooling and electric buses, with city bus tenders and vehicle maker orders supporting revenue.

Revenue grew from Rs 3,214.03 crore in FY22 to Rs 6,227.30 crore in FY26, a 93.8% rise, and FY26 revenue was 12.7% higher than FY25. FY26 net profit rose 10.9% to Rs 238.07 crore. Over four years, net profit rose from Rs 156.38 crore in FY22 to Rs 238.07 crore. In Q1 FY27, revenue grew 13.9% to Rs 1,473.94 crore, and net profit rose 13.4% to Rs 44.26 crore. Operating margin was 13.18% in FY26 and 12.96% in Q1 FY27 against 12.78% a year earlier.

Debt to equity is 1.97 and return on equity is 14.22%. FY26 operating cash flow was negative at Rs 59.86 crore against capital expenditure of Rs 302.06 crore. JBM Auto paid a dividend of Rs 0.85 per share for FY26, a yield of 0.16%. At a P/E of 53.15 against an industry P/E of 37.24, the stock trades above its industry multiple.

What to watch: Net profit margin is only 3.8%, so small cost changes move earnings. The P/E of 53.15 sits above the industry P/E of 37.24, so earnings delivery matters for the valuation; operating cash flow was negative in FY26.

Sharda Motor Industries: Exhaust Systems for Vehicle Makers Drive the Pipeline

Sharda Motor's roadmap rests on exhaust systems and components for vehicle makers, with new vehicle launches and a debt-free balance sheet supporting growth.

Revenue grew from Rs 2,284.85 crore in FY22 to Rs 3,482.76 crore in FY26, a 52.4% rise, and FY26 revenue was 19.3% higher than FY25. FY26 net profit rose 9.7% to Rs 345.40 crore. Over four years, net profit rose from Rs 149.22 crore in FY22 to Rs 345.40 crore. In Q1 FY27, revenue grew 33.2% to Rs 1,038.13 crore, and net profit fell 13.4% to Rs 86.53 crore. Operating margin was 15.51% in FY26 and 12.96% in Q1 FY27 against 19.13% a year earlier.

Debt to equity is 0.04 and return on equity is 26.31%. FY26 operating cash flow was Rs 362.90 crore. Sharda Motor paid a dividend of Rs 20 per share for FY26, a yield of 2.16%. At a P/E of 16.00 against an industry P/E of 37.24, the stock trades below its industry multiple.

What to watch: The Q1 FY27 operating margin of 12.96% was below the 19.13% of a year earlier. Q1 FY27 net profit was 13.4% lower than a year earlier.

Shaily Engineering Plastics: Engineered Plastic Components Build the Next Leg

Shaily's roadmap rests on engineered plastic components for healthcare, auto and consumer users, with global customers and new programmes supporting growth.

Revenue grew from Rs 576.53 crore in FY22 to Rs 998.45 crore in FY26, a 73.2% rise, and FY26 revenue was 26.5% higher than FY25. FY26 net profit rose 82.5% to Rs 169.91 crore. Over four years, net profit rose from Rs 35.27 crore in FY22 to Rs 169.91 crore. In Q1 FY27, revenue grew 12.9% to Rs 280.92 crore, and net profit rose 16.8% to Rs 48.01 crore.

Debt to equity is 0.25 and return on equity is 23.71%. At a P/E of 80.27 against an industry P/E of 36.21, the stock trades above its industry multiple.

What to watch: Q1 FY27 net profit growth of 16.8% is well below the 82.5% of FY26. The P/E of 80.27 sits above the industry P/E of 36.21, so earnings delivery matters for the valuation.

Best Auto and Engineered Plastic Stocks in India: JBM Auto vs Sharda Motor vs Shaily on Key Financials

Among the best auto and engineered plastic stocks in India, Sharda Motor leads on FY26 operating margin and Q1 FY27 revenue growth; JBM Auto leads on five-year revenue growth. The table puts the numbers side by side.

Metric	JBM Auto	Sharda Motor	Shaily
FY26 revenue (Rs Cr)	6,227.30	3,482.76	998.45
FY26 revenue growth	12.7%	19.3%	26.5%
Revenue growth FY22 to FY26	93.8%	52.4%	73.2%
FY26 net profit (Rs Cr)	238.07	345.40	169.91
FY26 net profit growth	10.9%	9.7%	82.5%
Q1 FY27 revenue growth (YoY)	13.9%	33.2%	12.9%
Q1 FY27 net profit growth (YoY)	13.4%	-13.4%	16.8%
Return on equity	14.22%	26.31%	23.71%
P/E ratio	53.15	16.00	80.27
Debt to equity	1.97	0.04	0.25
Dividend yield	0.16%	2.16%	0.10%

Component earnings follow vehicle production and programme wins, so full-year numbers and quarterly trends together give a better view.

How to Evaluate Bus, Exhaust and Plastic Component Stocks to Buy Before You Invest

A short checklist keeps the research consistent when you screen auto and engineered plastic stocks and shortlist bus, exhaust and plastic component stocks to buy.

Compare each stock's P/E with its industry P/E, which differs by stock.
Track operating margin across several quarters, because input costs can move faster than prices.
Check whether revenue growth is turning into profit growth, not only sales.
Read operating cash flow against capital expenditure to see how growth is funded.
Watch debt to equity and interest cover before sizing a position.
Spread exposure across companies and business lines instead of one demand cycle.

Check the Univest Screener for live data on these auto and engineered plastic stocks

Risks to Consider Before Investing in Auto and Engineered Plastic Stocks

Debt and cash flow: JBM Auto has debt to equity of 1.97 and had negative operating cash flow in FY26.
Quarterly profit: Sharda Motor's Q1 FY27 net profit was 13.4% lower than a year earlier.
Valuation: Shaily and JBM Auto trade at 80.27 and 53.15 times earnings against industry multiples of 36.21 and 37.24.
Vehicle cycle: Production cuts reduce component orders.

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Final Take: Which Stock Has the Strongest Roadmap?

These three bus, exhaust and plastic component stocks cover sheet metal components and electric buses, exhaust systems, and engineered plastic components. Sharda Motor leads on FY26 operating margin and Q1 FY27 revenue growth; JBM Auto leads on five-year revenue growth.

Across vehicle and moulded 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 bus, exhaust and plastic component stocks to buy discussed here.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on Auto and Engineered Plastic Stocks

Which are the best auto and engineered plastic stocks in India with a strong roadmap?

Ans. JBM Auto, Sharda Motor Industries and Shaily Engineering Plastics stand out for their roadmaps in bus parts, exhaust systems and moulded plastics. FY26 revenue growth was 12.7% at JBM Auto, 19.3% at Sharda Motor and 26.5% at Shaily, and return on equity ranges from 14.22% to 26.31%.

Is JBM Auto a good stock to buy now?

Ans. JBM Auto has a debt to equity ratio of 1.97, a return on equity of 14.22% and a P/E of 53.15 against an industry P/E of 37.24. Debt, quarterly profit and valuation move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.

What is the P/E ratio of JBM Auto, Sharda Motor and Shaily?

Ans. The P/E ratio is 53.15 for JBM Auto (industry 37.24), 16.00 for Sharda Motor (industry 37.24) and 80.27 for Shaily (industry 36.21). Only JBM Auto and Shaily trade at or above the industry multiple.

Which of these auto and engineered plastic stocks has the highest return on equity?

Ans. Sharda Motor Industries has the highest return on equity at 26.31%, followed by Shaily Engineering Plastics at 23.71% and JBM Auto at 14.22%.

What are the risks of investing in auto and engineered plastic stocks?

Ans. The main risks are high debt and weak cash flow at one firm, a weaker quarter at another, premium valuations and vehicle cycles. JBM Auto has debt to equity of 1.97.

How did JBM Auto, Sharda Motor and Shaily perform in Q1 FY27?

Ans. JBM Auto reported revenue of Rs 1,473.94 crore, up 13.9% year on year, and net profit rose 13.4% to Rs 44.26 crore. Sharda Motor Industries reported revenue of Rs 1,038.13 crore, up 33.2% year on year, and net profit fell 13.4% to Rs 86.53 crore. Shaily Engineering Plastics reported revenue of Rs 280.92 crore, up 12.9% year on year, and net profit rose 16.8% to Rs 48.01 crore.

Do auto and engineered plastic stocks pay dividends?

Ans. Dividend payouts differ across the three companies. The dividend yield is 0.16% for JBM Auto, 2.16% for Sharda Motor and 0.10% for Shaily, based on dividends declared for FY26.

How can I invest in auto and engineered plastic stocks in India?

Ans. You can buy auto and engineered plastic 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.