
3 Powertrain Components Producer, Control Cables Specialist and Commercial Vehicle Braking Supplier Stocks With a Strong Future Roadmap: Craftsman Automation, Suprajit Engineering and ZF Commercial Vehicle Control Systems India
Craftsman Automation, Suprajit Engineering and ZF Commercial Vehicle Control Systems India: ROE of 11.8% to 14.0% and FY22 to FY26 revenue CAGR of 13.6% to 38.3%. Prices as of 23 Oct 2026.
Updated: 26 Oct 2026 • 4:36 pm
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The three powertrain, cable and braking system stocks to watch are Craftsman Automation, Suprajit Engineering and ZF Commercial Vehicle Control Systems India. Their return on equity ranges from 11.8% to 14.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 13.6% to 38.3%. ZF Commercial Vehicle Control Systems India has the highest return on equity at 14.0%, while Craftsman Automation has the fastest revenue growth at 38.3% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.
Powertrain, cable and braking system stocks offer a focused view of a sector where demand keeps widening. Craftsman Automation, Suprajit Engineering and ZF Commercial Vehicle Control Systems India cover a powertrain components producer, a control cables specialist and a commercial vehicle braking supplier.
This list covers three powertrain, cable and braking system stocks with complete current figures: Craftsman Automation, Suprajit Engineering and ZF Commercial Vehicle Control Systems India. Every figure comes from the latest reported financials and the 23 October 2026 market close. Companies without complete current figures were left out.
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What Are Powertrain, Cable and Braking System Stocks?
Powertrain, cable and braking system stocks are listed auto component makers that supply machined engine parts, cable systems and safety products for trucks and buses. Their earnings depend on vehicle production, safety norms and replacement demand.
Powertrain, Cable and Braking System Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Craftsman Automation | 10,488 | 28,768 | 61.9 | 36.1 | 11.8 | 1.11 |
| Suprajit Engineering | 451.2 | 6,286 | 33.6 | 36.1 | 12.7 | 0.69 |
| ZF Commercial Vehicle Control Systems India | 2,132.7 | 24,345 | 48.8 | 36.9 | 14.0 | 0.01 |
On valuation, Suprajit Engineering trades at a P/E below the industry P/E, while Craftsman Automation and ZF Commercial Vehicle Control Systems India trade above it, which reflects the growth the market already expects. Readers comparing powertrain, cable and braking system stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in powertrain, cable and braking system stocks can use the coming numbers to test whether growth is holding.
Why Do Powertrain, Cable and Braking System Stocks Have a Strong Roadmap in India?
Powertrain, cable and braking system stocks have a strong roadmap in India because freight growth, stricter safety rules and richer vehicle content keep lifting orders for precision parts.
- Freight demand. Trucks and buses need braking and control systems.
- Safety norms. Stricter rules raise content per vehicle.
- Machined parts. Engines and industry use precision castings.
Why Craftsman Automation Features Among These Powertrain, Cable and Braking System Stocks
Among the powertrain, cable and braking system 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.
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.
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 Suprajit Engineering Features Among These Powertrain, Cable and Braking System Stocks
Among the machined engine part company shares on this list, Suprajit Engineering is a Bengaluru-based maker of automotive cables and control systems, lighting products and other components for two-wheelers, cars and commercial vehicles, with a presence in many countries.
In the June 2026 quarter, revenue grew 19.1% year on year to Rs 1,074 crore, while net profit rose 8.6% to Rs 52.2 crore. Revenue rose from Rs 1,877 crore in FY22 to Rs 3,941 crore in FY26, a compound annual growth rate of 20.4%.
Net profit grew from Rs 152 crore in FY23 to Rs 183 crore in FY26, which works out to a compound annual growth rate of 6.3%. The company has a return on equity of 12.7%, a debt to equity ratio of 0.69 and a market capitalisation of Rs 6,286 crore. The stock trades at a P/E of 33.6, below the industry P/E of 36.1.
Roadmap: The company is widening its mix through lighting, electronics and aftermarket products while keeping its strong cable franchise. A global footprint supports orders from international vehicle makers.
What to watch: Follow growth in new product lines, export programmes and margin trends.
Why ZF Commercial Vehicle Control Systems India Features Among These Powertrain, Cable and Braking System Stocks
Among the three companies on this list, ZF Commercial Vehicle Control Systems India, earlier known as WABCO India, makes braking, stability and control systems for commercial vehicles as part of the ZF Group.
The company has a return on equity of 14.0%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 24,345 crore. The stock trades at a P/E of 48.8, above the industry P/E of 36.9.
Revenue rose from Rs 2,581 crore in FY22 to Rs 4,302 crore in FY26, a compound annual growth rate of 13.6%. Net profit grew from Rs 142 crore in FY22 to Rs 517 crore in FY26, which works out to a compound annual growth rate of 38.1%. In the June 2026 quarter, revenue grew 5.7% year on year to Rs 1,102 crore.
Roadmap: Safety rules that require advanced braking and stability systems increase content per truck and bus. The company also gains from its access to ZF's global technology, which supports new product launches in India.
What to watch: Monitor commercial vehicle production and adoption of new safety systems.
Craftsman Automation vs Suprajit Engineering vs ZF Commercial Vehicle Control Systems India on Key Financials
The table below sets the three powertrain, cable and braking system stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Craftsman Automation | 2,224 | 8,131 | 38.3% | 384 | 4.7% |
| Suprajit Engineering | 1,877 | 3,941 | 20.4% | 183 | 4.6% |
| ZF Commercial Vehicle Control Systems India | 2,581 | 4,302 | 13.6% | 517 | 12.0% |
ZF Commercial Vehicle Control Systems India posts the highest return on equity in this group at 14.0%. Craftsman Automation combines the largest FY26 revenue at Rs 8,131 crore with the fastest revenue growth, a 38.3% compound annual rate. A useful habit with powertrain, cable and braking system 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:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Craftsman Automation | 1,789 | 2,455 | 37.2% |
| Suprajit Engineering | 902 | 1,074 | 19.1% |
| ZF Commercial Vehicle Control Systems India | 1,042 | 1,102 | 5.7% |
Key Risks to Check Before Investing in Powertrain, Cable and Braking System Stocks
Every theme carries risks that deserve a check before any decision. For these powertrain, cable and braking system stocks, the main points are: Long-term machined engine part company 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, cable and braking system stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Powertrain, Cable and Braking System Stocks
Powertrain, cable and braking system stocks reward patient research into demand, execution and financial strength. Craftsman Automation, Suprajit Engineering and ZF Commercial Vehicle Control Systems India each have a clear plan to grow. Based on the 23 October 2026 close, Craftsman Automation trades at Rs 10,488, Suprajit Engineering at Rs 451.2 and ZF Commercial Vehicle Control Systems India at Rs 2,132.7. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these powertrain, cable and braking system stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track powertrain, cable and braking system stocks, set price alerts and get research-backed stock ideas.
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).
What are powertrain, cable and braking system stocks?
Ans. Powertrain, cable and braking system stocks are listed auto component makers that supply machined engine parts, cable systems and safety products for trucks and buses. Their earnings depend on vehicle production, safety norms and replacement demand. This list looks at three of them, Craftsman Automation, Suprajit Engineering and ZF Commercial Vehicle Control Systems India, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.
Which powertrain, cable and braking system stocks are covered in this list?
Ans. This list covers Craftsman Automation, Suprajit Engineering and ZF Commercial Vehicle Control Systems India. Based on the 23 October 2026 close, Craftsman Automation traded at Rs 10,488, Suprajit Engineering at Rs 451.2 and ZF Commercial Vehicle Control Systems India at Rs 2,132.7. Their return on equity ranges from 11.8% to 14.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 13.6% to 38.3%.
Why do powertrain, cable and braking system stocks have a strong future roadmap in India?
Ans. Powertrain, cable and braking system stocks have a strong roadmap in India because freight growth, stricter safety rules and richer vehicle content keep lifting orders for precision parts. The main drivers are as follows. Freight demand. Trucks and buses need braking and control systems. Safety norms. Stricter rules raise content per vehicle. Machined parts. Engines and industry use precision castings. 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 Suprajit Engineering performed financially?
Ans. Revenue rose from Rs 1,877 crore in FY22 to Rs 3,941 crore in FY26, a compound annual growth rate of 20.4%. Net profit grew from Rs 152 crore in FY23 to Rs 183 crore in FY26, which works out to a compound annual growth rate of 6.3%. In the June 2026 quarter, revenue grew 19.1% year on year to Rs 1,074 crore, while net profit rose 8.6% to Rs 52.2 crore. The company has a return on equity of 12.7%, a debt to equity ratio of 0.69 and a market capitalisation of Rs 6,286 crore. The stock trades at a P/E of 33.6, below the industry P/E of 36.1. Looking ahead, the company is widening its mix through lighting, electronics and aftermarket products while keeping its strong cable franchise. A global footprint supports orders from international vehicle makers.
How has ZF Commercial Vehicle Control Systems India performed financially?
Ans. Revenue rose from Rs 2,581 crore in FY22 to Rs 4,302 crore in FY26, a compound annual growth rate of 13.6%. Net profit grew from Rs 142 crore in FY22 to Rs 517 crore in FY26, which works out to a compound annual growth rate of 38.1%. In the June 2026 quarter, revenue grew 5.7% year on year to Rs 1,102 crore. The company has a return on equity of 14.0%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 24,345 crore. The stock trades at a P/E of 48.8, above the industry P/E of 36.9. Looking ahead, safety rules that require advanced braking and stability systems increase content per truck and bus. The company also gains from its access to ZF's global technology, which supports new product launches in India.
What risks should investors check before buying powertrain, cable and braking system stocks?
Ans. Investors should check a few risks before buying powertrain, cable and braking system 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, cable and braking system stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 23 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.
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