3 Powertrain and Aluminium Components Maker, Leaf and Parabolic Springs Leader and Exterior Lighting Supplier Stocks With a Strong Future Roadmap: Craftsman Automation, Jamna Auto Industries and Varroc Engineering

Powertrain, spring and lighting stocks offer a focused view of a sector where demand keeps widening. Craftsman Automation, Jamna Auto Industries and Varroc Engineering cover a powertrain and aluminium components maker, a leaf and parabolic springs leader and an exterior lighting supplier.

This list covers three powertrain, spring and lighting stocks with complete current figures: Craftsman Automation, Jamna Auto Industries and Varroc Engineering. Every figure comes from the latest reported financials and the 26 October 2026 market close. Companies without complete current figures were left out.

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What Are Powertrain, Spring and Lighting Stocks?

Powertrain, spring and lighting stocks are listed auto component makers that supply engine parts, suspension springs and lamps to commercial vehicle, car and two-wheeler brands. Their earnings depend on vehicle output, fleet growth, replacement demand and input costs.

Powertrain, Spring and Lighting Stocks at a Glance

On valuation, Jamna Auto Industries trades at a P/E below the industry P/E, while Craftsman Automation and Varroc Engineering trade above it, which reflects the growth the market already expects. Readers comparing powertrain, spring and lighting stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.

Why Do Powertrain, Spring and Lighting Stocks Have a Strong Roadmap in India?

Powertrain, spring and lighting stocks have a strong roadmap in India because freight growth, richer vehicle features and a larger fleet keep lifting orders for component suppliers.

• Freight growth. Trucks and buses need more suspension parts.
• Better lighting. Newer vehicles carry advanced lamps.
• Powertrain work. Engine parts serve varied vehicle makers.

Why Craftsman Automation Features Among These Powertrain, Spring and Lighting Stocks

Among the powertrain, spring and lighting stocks on this list, Craftsman Automation, based in Coimbatore, makes powertrain components, aluminium products and industrial and engineering products such as storage solutions and machine building.

The company has a return on equity of 11.8%, a debt to equity ratio of 1.11 and a market capitalisation of Rs 28,768 crore. The stock trades at a P/E of 61.9, above the industry P/E of 36.1.

Revenue rose from Rs 2,224 crore in FY22 to Rs 8,131 crore in FY26, a compound annual growth rate of 38.3%. Net profit grew from Rs 163 crore in FY22 to Rs 384 crore in FY26, which works out to a compound annual growth rate of 23.9%. In the June 2026 quarter, revenue grew 37.2% year on year to Rs 2,455 crore, while net profit rose 116.3% to Rs 151 crore.

Roadmap: The company is adding capacity across powertrain, aluminium and industrial divisions to serve customers in several sectors. A diversified base reduces dependence on any one product line.

What to watch: Follow capacity additions, aluminium division growth and demand from industrial customers.

Why Jamna Auto Industries Features Among These Powertrain, Spring and Lighting Stocks

Among the engine block and leaf spring maker shares on this list, Jamna Auto Industries makes leaf and parabolic springs for commercial vehicles, trailers and buses, and holds a leading position in India's suspension springs.

Revenue rose from Rs 1,723 crore in FY22 to Rs 2,621 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 141 crore in FY22 to Rs 231 crore in FY26, which works out to a compound annual growth rate of 13.2%.

In the June 2026 quarter, revenue grew 6.8% year on year to Rs 614 crore, while net profit rose 6.1% to Rs 48.5 crore. The company has a return on equity of 20.1%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 5,570 crore. The stock trades at a P/E of 23.8, below the industry P/E of 36.9.

Roadmap: The company benefits from replacement demand and from the shift to lighter, parabolic springs that carry higher margins. A fleet upgrade cycle and infrastructure spending drive commercial vehicle volumes, and Jamna also sells to the aftermarket.

What to watch: Monitor commercial vehicle production trends and steel price movements.

Why Varroc Engineering Features Among These Powertrain, Spring and Lighting Stocks

Among the three companies on this list, Varroc Engineering is a Maharashtra-based automotive component maker with a focus on exterior lighting systems, electrical and electronic parts and polymer products for two-wheeler, passenger car and commercial vehicle makers across the world.

In the June 2026 quarter, revenue grew 29.9% year on year to Rs 2,640 crore. Revenue rose from Rs 5,878 crore in FY22 to Rs 8,917 crore in FY26, a compound annual growth rate of 11.0%.

Net profit for FY26 was Rs 230 crore, a net margin of 2.6%. The company has a return on equity of 14.3%, a debt to equity ratio of 0.52 and a market capitalisation of Rs 12,256 crore. The stock trades at a P/E of 61.2, above the industry P/E of 36.9.

Roadmap: The company is growing its lighting business with advanced LED products and increasing content per vehicle in India and overseas. Orders from vehicle makers, including electric vehicle programmes, give visibility on future volumes.

What to watch: Monitor order wins in lighting and the growth of content per vehicle.

Craftsman Automation vs Jamna Auto Industries vs Varroc Engineering on Key Financials

The table below sets the three powertrain, spring and lighting stocks side by side on revenue, profit and margin, using reported figures.

Jamna Auto Industries posts the highest return on equity in this group at 20.1%. Varroc Engineering has the largest FY26 revenue at Rs 8,917 crore, and Craftsman Automation shows the fastest revenue growth with a 38.3% compound annual rate. A useful habit with powertrain, spring and lighting stocks is to check each new quarterly result against the capacity plans the company described earlier.

The June 2026 quarter, the latest reported, gives a fresh read on momentum:

Key Risks to Check Before Investing in Powertrain, Spring and Lighting Stocks

Every theme carries risks that deserve a check before any decision. For these powertrain, spring and lighting stocks, the main points are: Long-term engine block and leaf spring maker shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

• Vehicle cycles. Component orders follow vehicle production.
• Input costs. Steel and aluminium prices affect margins.
• Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.

Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.

Use the Univest Stock Screener to filter powertrain, spring and lighting stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Powertrain, Spring and Lighting Stocks

Powertrain, spring and lighting stocks reward patient research into demand, execution and financial strength. Craftsman Automation, Jamna Auto Industries and Varroc Engineering each have a clear plan to grow. Based on the 26 October 2026 close, Craftsman Automation trades at Rs 10,726, Jamna Auto Industries at Rs 124.69 and Varroc Engineering at Rs 778.55.

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What are powertrain, spring and lighting stocks?

Ans. Powertrain, spring and lighting stocks are listed auto component makers that supply engine parts, suspension springs and lamps to commercial vehicle, car and two-wheeler brands. Their earnings depend on vehicle output, fleet growth, replacement demand and input costs. This list looks at three of them, Craftsman Automation, Jamna Auto Industries and Varroc Engineering, using reported FY22 to FY26 financials and the 26 October 2026 closing prices.

Which powertrain, spring and lighting stocks are covered in this list?

Ans. This list covers Craftsman Automation, Jamna Auto Industries and Varroc Engineering. Based on the 26 October 2026 close, Craftsman Automation traded at Rs 10,726, Jamna Auto Industries at Rs 124.69 and Varroc Engineering at Rs 778.55. Their return on equity ranges from 11.8% to 20.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.0% to 38.3%.

Why do powertrain, spring and lighting stocks have a strong future roadmap in India?

Ans. Powertrain, spring and lighting stocks have a strong roadmap in India because freight growth, richer vehicle features and a larger fleet keep lifting orders for component suppliers. The main drivers are as follows. Freight growth. Trucks and buses need more suspension parts. Better lighting. Newer vehicles carry advanced lamps. Powertrain work. Engine parts serve varied vehicle makers. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Craftsman Automation performed financially?

Ans. Revenue rose from Rs 2,224 crore in FY22 to Rs 8,131 crore in FY26, a compound annual growth rate of 38.3%. Net profit grew from Rs 163 crore in FY22 to Rs 384 crore in FY26, which works out to a compound annual growth rate of 23.9%. In the June 2026 quarter, revenue grew 37.2% year on year to Rs 2,455 crore, while net profit rose 116.3% to Rs 151 crore. The company has a return on equity of 11.8%, a debt to equity ratio of 1.11 and a market capitalisation of Rs 28,768 crore. The stock trades at a P/E of 61.9, above the industry P/E of 36.1. Looking ahead, the company is adding capacity across powertrain, aluminium and industrial divisions to serve customers in several sectors. A diversified base reduces dependence on any one product line.

How has Jamna Auto Industries performed financially?

Ans. Revenue rose from Rs 1,723 crore in FY22 to Rs 2,621 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 141 crore in FY22 to Rs 231 crore in FY26, which works out to a compound annual growth rate of 13.2%. In the June 2026 quarter, revenue grew 6.8% year on year to Rs 614 crore, while net profit rose 6.1% to Rs 48.5 crore. The company has a return on equity of 20.1%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 5,570 crore. The stock trades at a P/E of 23.8, below the industry P/E of 36.9. Looking ahead, the company benefits from replacement demand and from the shift to lighter, parabolic springs that carry higher margins. A fleet upgrade cycle and infrastructure spending drive commercial vehicle volumes, and Jamna also sells to the aftermarket.

How has Varroc Engineering performed financially?

Ans. Revenue rose from Rs 5,878 crore in FY22 to Rs 8,917 crore in FY26, a compound annual growth rate of 11.0%. Net profit for FY26 was Rs 230 crore, a net margin of 2.6%. In the June 2026 quarter, revenue grew 29.9% year on year to Rs 2,640 crore. The company has a return on equity of 14.3%, a debt to equity ratio of 0.52 and a market capitalisation of Rs 12,256 crore. The stock trades at a P/E of 61.2, above the industry P/E of 36.9. Looking ahead, the company is growing its lighting business with advanced LED products and increasing content per vehicle in India and overseas. Orders from vehicle makers, including electric vehicle programmes, give visibility on future volumes.

What risks should investors check before buying powertrain, spring and lighting stocks?

Ans. Investors should check a few risks before buying powertrain, spring and lighting stocks. Vehicle cycles. Component orders follow vehicle production. Input costs. Steel and aluminium prices affect margins. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.

Is this list of powertrain, spring and lighting stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 26 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.