Synopsis:
Three auto ancillary stocks showed financial resilience, with no debt, owing to strong cash reserves. Their debt-free position highlights operational strength, stability, and long-term sustainability in India’s competitive auto ancillary industry.
India’s auto ancillary sector features leading multinational subsidiaries known for their strong financial health. Three such companies in the country maintain nearly debt-free balance sheets, bolstered by significant cash reserves.
SKF India Ltd
SKF India Ltd is a leading bearings and lubrication systems manufacturer, serving diverse industries such as automotive, industrial equipment, and energy. Known for its innovation and engineering excellence, the company emphasizes sustainability, efficiency, and reliable motion solutions.
With market capitalization of Rs. 23,466 cr, the shares of SKF India Ltd are currently trading down at Rs. 4,735 per share, from its previous close of Rs. 4,741 per share.
The company operates with virtually no debt, reflecting strong financial stability and strong management. As of March 2025, it holds cash and cash equivalents amounting to Rs. 710.76 cr.
Bosch Ltd
Bosch Ltd is a leading technology and engineering company in India, specializing in automotive components, mobility solutions, industrial technology, and consumer goods. It is recognized for its innovation, high-quality products, and strong focus on sustainable solutions.
With market capitalization of Rs. 1,15,763 cr, the shares of Bosch Ltd are currently trading down at Rs. 39,030 per share, from its previous close of Rs. 39,390 per share.
The company operates with virtually no debt, reflecting strong financial stability and strong management. As of March 2025, it holds cash and cash equivalents amounting to Rs. 507.70 cr.
Schaeffler India Ltd
Schaeffler India Limited, a subsidiary of Germany’s Schaeffler AG, is a leading manufacturer of high-precision automotive and industrial components, including engine, transmission, and chassis systems, as well as bearings. Established in 1962, it operates four manufacturing plants and a widespread distribution network across India.
With market capitalization of Rs. 64,213 cr, the shares of Schaeffler India Ltd are currently trading down at Rs. 4,085 per share, from its previous close of Rs. 4,119.40 per share.
The company operates with virtually no debt, reflecting strong financial stability and strong management. As of March 2025, it holds cash and cash equivalents amounting to Rs. 1,349.49 cr.
Written by Manideep Appana
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
