Auto ancillary stocks are those companies that supply parts, components, and services to the automotive industry. These companies play a crucial role in supporting the production and maintenance of vehicles, from engines and transmission systems to electronic components and interior parts.
The Indian auto component industry is set for strong growth, with its turnover hitting $74.1 billion in FY2025 and expected to reach $200 billion by 2030. It is projected to grow at a robust CAGR of 37% from 2024 to 2029. Exports are also set to rise, with projections reaching $70 billion to $100 billion by 2030.
In this article, we highlight five small-cap Auto Ancillary stocks that have reported remarkable profit growth, rising by up to 503 percent, reflecting their solid performance and growing potential in the market.
Here is the list of stocks to look out for
Jay Bharat Maruti Ltd
Jay Bharat Maruti Ltd. (JBML) is an Indian auto component manufacturer, founded in 1987 as a joint venture with Maruti Suzuki India Limited (MSIL). The company produces various automotive components, including sheet metal parts, welded assemblies, exhaust systems, and fuel filler neck components. It is part of the larger JBM Group, which has diversified into other sectors like buses and electric vehicles.
With a market capitalization of Rs. 975.33 Crores on Friday, the shares of the company declined upto 1.7 percent, reaching a low of Rs. 90.00 compared to its previous close of Rs. 91.72.
Coming to financial highlights, Jay Bharat Maruti Ltd’s revenue has increased from Rs. 555 crore in Q2 FY25 to Rs. 583 crore in Q2 FY26, which has grown by 4.90 percent. The net profit has also grown by 503 percent from Rs. 3 crore in Q2 FY25 to Rs. 18 crore in Q2 FY26.
Rico Auto Industries Ltd
Rico Auto Industries Ltd is an Indian company that manufactures high-precision auto components for two- and four-wheelers, including aluminum and ferrous castings and assemblies for global OEMs. It provides integrated services from design and development to casting, machining, and assembly, and has a strategic focus on the growing electrification market.
With a market capitalization of Rs. 1,468.92 Crores on Friday, the shares of the company declined upto 3.61 percent, reaching a low of Rs. 106.19 compared to its previous close of Rs. 112.65.
Coming to financial highlights, Rico Auto Industries Ltd’s revenue has increased from Rs. 576 crore in Q2 FY25 to Rs. 627 crore in Q2 FY26, which has grown by 8.96 percent. The net profit has also grown by 164 percent from Rs. 7 crore in Q2 FY25 to Rs. 18 crore in Q2 FY26.
RACL Geartech Ltd
RACL Geartech Ltd is a publicly listed Indian manufacturer of automotive components, primarily transmission gears and shafts. Headquartered in Noida, the company serves as a tier-1 and tier-2 supplier to global original equipment manufacturers (OEMs) in the automotive and industrial sectors, including premium motorcycles, passenger cars, tractors, and electric vehicles.
With a market capitalization of Rs. 1,271.17 Crores on Friday, the shares of the company jumped upto 1.1 percent, reaching a high of Rs. 1119.80 compared to its previous close of Rs. 1066.15.
Coming to financial highlights, RACL Geartech Ltd’s revenue has increased from Rs. 106 crore in Q2 FY25 to Rs. 120 crore in Q2 FY26, which has grown by 13.36 percent. The net profit has also grown by 84 percent from Rs. 7 crore in Q2 FY25 to Rs. 12 crore in Q2 FY26.
Automobile Corporation Of Goa Ltd
Automobile Corporation of Goa Ltd (ACGL) is an engineering company in Goa, India, jointly promoted by Tata Motors Ltd and EDC Ltd, a Government of Goa undertaking. It manufactures automobile components and specializes in producing bus bodies, pressed parts, and sub-assemblies for various vehicles. Its mission is to be a quality-driven organization, and its vision is to provide contemporary automotive components.
With a market capitalization of Rs. 1,114.52 Crores on Friday, the shares of the company jumped upto 0.21 percent, reaching a high of Rs. 1855.15 compared to its previous close of Rs. 1826.60.
Coming to financial highlights, Automobile Corporation of Goa Ltd’s revenue has increased from Rs. 130 crore in Q2 FY25 to Rs. 206 crore in Q2 FY26, which has grown by 59 percent. The net profit has also grown by 99 percent from Rs. 7 crore in Q2 FY25 to Rs. 15 crore in Q2 FY26.
Written by Sridhar J
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