(Reviving this thread)
… this post is in continuation of my post on a brief intro on the India Auto Ancillary sector and its players.
Here is a further shortlisting of Auto Ancillary players based on Qualitative factors (Capex requirement, Concentration of Business, Future Readiness for EV) & Quantitative factors such as OPM, PE, Sales & Profit Growth, Pledge, Consistent EPS growth, etc.
(download below working file for better readability)
Sector Shortlist_Auto Component.xlsx (76.5 KB)
Seven names emerge out of this shortlisting exercise. Please note that this shortlisting it valid only till the next quarter and should change with the changing business environment and performance of the sector and companies.
- Craftsman Auto
- Shriram Pistons
- Banco Products
- Pricol
- Fiem Industries
- Talbros Auto
- Duncan Engg
Disclaimer: above is not a recommendation to buy, hold or sell. DYOR. I hold Banco & Pricol as mentioned in my PF here.
Next step: SWOT of each of these shortlisted companies to identify their MOAT (if any) and Technical Analysis to identify possible entry points