About Commercial Vehicles
29 Jul 2026Commercial Vehicles is one of 22 industries in the Capital Goods sector. Solomo tracks 16 listed companies classified as Commercial Vehicles on India's NSE and BSE, out of 914 in the Capital Goods sector. Their combined market capitalisation was ₹2,58,756 crore (₹2.59 lakh crore) on 29 Jul 2026, 5.4% of the Capital Goodssector's total and the 7th largest of its 22 industries by market value. All 16 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are Tata Motors Ltd (₹1,55,597 crore), Ashok Leyland Ltd (₹92,543 crore) and SML Mahindra Ltd (₹6,012 crore).
Median trailing P/E across the 16 companies with a reported ratio is 33.8, and median return on capital employed (ROCE) across 16 companies is 12.9%.
One of them ranks among the 100 largest listed companies in India by market capitalisation on 29 Jul 2026: Tata Motors Ltd (#61).
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| Tata Motors Ltd | ₹1,55,597 Cr | 51.4 | 45.8% |
| Ashok Leyland Ltd | ₹92,543 Cr | 26.7 | 12.5% |
| SML Mahindra Ltd | ₹6,012 Cr | 37.6 | 28.4% |
| Atul Auto Ltd | ₹1,362 Cr | 31.5 | 10.3% |
| Tejas Cargo India Ltd | ₹920 Cr | 44.0 | 10.9% |
| Tankup Engineers Ltd | ₹561 Cr | 117.3 | 11.8% |
| Anlon Technology Solutions Ltd | ₹469 Cr | 33.8 | 24.2% |
| Ashwini Container Movers Ltd | ₹469 Cr | 33.8 | 24.2% |
| DRS Dilip Roadlines Ltd | ₹163 Cr | 38.8 | 9.8% |
| Rapid Fleet Management Services Ltd | ₹134 Cr | 10.7 | 18.7% |
| Shigan Quantum Technologies Ltd | ₹126 Cr | 18.7 | 10.4% |
| Jayesh Logistics Ltd | ₹123 Cr | 12.2 | 16.0% |
| Premier Roadlines Ltd | ₹112 Cr | 8.1 | 13.4% |
| Premium Plast Ltd | ₹92 Cr | 58.1 | 20.4% |
| Ashapura Logistics Ltd | ₹72 Cr | 7.3 | 9.1% |
| Jalan Transolutions (India) Ltd | ₹2.76 Cr | 47.5 | -0.5% |
Other industries in Capital Goods: Heavy Electrical Equipment (53), Aerospace & Defense (30), Industrial Products (234), Other Electrical Equipment (91), Iron & Steel Products (129), Compressors, Pumps & Diesel Engines (14), Cables - Electricals (15), Plastic Products - Industrial (71), Ship Building & Allied Services (5), Other Industrial Products (68), Abrasives & Bearings (8), Castings & Forgings (22), Electrodes & Refractories (15), Packaging (87), Tractors (5), Construction Vehicles (7), Aluminium, Copper & Zinc Products (21), Railway Wagons (3), Rubber (14), Glass - Industrial (4) and Dealers-Commercial Vehicles, Tractors, Construction Vehicles (2).
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 29 Jul 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification, and any market-cap rank quoted above is taken across Solomo's full NSE and BSE universe. Reference data, not investment advice.