Synopsis: Five small-cap Auto Ancillary stocks, Craftsman Automation, Rico Auto Industries, Automobile Corporation of Goa and others, reported exceptional Q3 profit growth of upto 723%, reflecting strong revenue gains and rising market potential in the automotive sector.
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 ancillary industry is experiencing robust growth, projected to reach $200 billion by 2030 from $70 billion in 2023, driven by strong domestic demand, high premiumisation, and surging exports
In this article, we highlight five small-cap Auto Ancillary stocks that have reported remarkable profit growth, rising by up to 723 percent, reflecting their solid performance and growing potential in the market.
Craftsman Automation Ltd
Craftsman Automation Ltd is an Indian automation solutions and auto components company. It primarily provides industrial automation equipment, precision-machined components, and related engineering services to sectors such as automotive, aerospace, power, and general engineering. Craftsman develops automated assembly systems, robotics, and production tooling for automotive OEMs and Tier‑1 suppliers.
With a market capitalization of Rs 18,347.21 crore, the share of this company closed at Rs 7690.95 per share, it was up by 2.20 percent from its previous day’s close.
Coming to financial highlights, Craftsman Automation’s revenue has increased from Rs. 1,576 crore in Q3 FY25 to Rs. 2,057 crore in Q3 FY26, which has grown by 30.5 percent. The net profit has also grown by 723 percent from Rs. 13 crore in Q3 FY25 to Rs. 107 crore in Q3 FY26.
Rico Auto Industries Ltd
Rico Auto Industries Ltd is an Indian automotive engineering company that specialises in high-precision machined aluminium and ferrous components and assemblies for original equipment manufacturers (OEMs) worldwide. Rico supplies critical parts such as crankcases, cylinder head covers, flywheels, and gear housings to two‑ and four‑wheel vehicle makers.
With a market capitalization of Rs 1,692.42 crore, the share of this company closed at Rs 125.10 per share, which was down by 5.44 percent from its previous day’s close.
Coming to financial highlights, Rico Auto Industries’ revenue has increased from Rs. 552 crore in Q3 FY25 to Rs. 629 crore in Q3 FY26, which has grown by 13.9 percent. The net profit has also grown by 450 percent from Rs. 2 crore in Q3 FY25 to Rs. 11 crore in Q3 FY26.
Banco Products (India) Ltd
Banco Products (India) Ltd, founded in 1961 and based in Vadodara, is a leading manufacturer of engine cooling and sealing systems for the automotive and industrial sectors. The company provides radiators, charge air coolers, oil coolers, and gaskets, catering to passenger/commercial vehicles, railways, and off-highway applications
With a market capitalization of Rs 8,563.64 crore, the share of this company closed at Rs 598.70 per share, which was down by 3.76 percent from its previous day’s close.
Coming to financial highlights, Banco Products (India)’s revenue has increased from Rs. 639 crore in Q3 FY25 to Rs. 789 crore in Q3 FY26, which has grown by 23.4 percent. The net profit has also grown by 177 percent from Rs. 31 crore in Q3 FY25 to Rs. 86 crore in Q3 FY26.
Automobile Corporation Of Goa Ltd
Automobile Corporation of Goa Ltd is one of Goa’s longstanding automotive engineering companies, jointly promoted by Tata Motors and the Economic Development Corporation of Goa. Incorporated around 1980, it manufactures pressed metal parts, assemblies, sub‑assemblies and builds bus bodies for automotive applications and transport systems.
With a market capitalization of Rs 1,018.60 crore, the share of this company closed at Rs 1672.95 per share, it was up by 0.15 percent from its previous day’s close.
Coming to financial highlights, Automobile Corporation of Goa’s revenue has increased from Rs. 111 crore in Q3 FY25 to Rs. 200 crore in Q3 FY26, which has grown by 80.1 percent. The net profit has also grown by 120 percent from Rs. 5 crore in Q3 FY25 to Rs. 11 crore in Q3 FY26.
RACL Geartech Ltd
RACL Geartech Ltd is a Noida‑based auto ancillary manufacturer established in 1989. It specialises in transmission gears, shafts, and allied precision components for motorcycles, scooters, passenger cars, tractors, commercial vehicles, and industrial applications. RACL supplies as a Tier‑1 and Tier‑2 vendor to global OEMs, and its products also extend to electric mobility and switch gear markets.
With a market capitalization of Rs 1,606.36 crore, the share of this company closed at Rs 1362.70 per share, it was down by 3.08 percent from its previous day’s close.
Coming to financial highlights, RACL Geartech’s revenue has increased from Rs. 109 crore in Q3 FY25 to Rs. 131 crore in Q3 FY26, which has grown by 20.1 percent. The net profit has also grown by 87.5 percent from Rs. 8 crore in Q3 FY25 to Rs. 15 crore in Q3 FY26.
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Written By Sridhar J
The post RACL Geartech and Other Auto Ancillary Stocks With Profit Growth of Up to 723% to Look Out For appeared first on Trade Brains.