Wheels India Limited

Wheels India Limited

2,108.70
INR
-86.80
(-3.95%)
68.11EPS
26.70P/E
43.64BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
868.3
822.73
825.8
838.68
981.47
1,306.59
1,034.33
922.06
1,502.2
1,738.38
1,875.59
1,802.5
2,066.61
2,328.85
Basic EPS, GAAP
13.53
12.36
17.09
24.62
31.2
31.79
20.39
0.76
31.78
22.65
25.69
45.39
63.44
66.9
Free Cash Flow per Basic Share
32.4
6.03
29.56
31.49
-33.68
-23.86
-25.13
11.8
-44.74
87.98
73.29
78.26
82.09
- -
Dividend per Share
5.69
3.6
4
6.32
8.39
9.32
9.33
2.66
1.02
11.11
3.93
11.85
12.3
- -
Book Value per Share
151.09
158.35
176.67
194.76
243.77
266.09
275.81
274.55
304.88
325.91
343.69
377.36
426.25
- -
Tangible Book Value per Share
150.15
157.43
176.01
194
242.66
263.5
273.76
273.14
303.71
311.65
329.12
363
411.2
- -
Basic Weighted Avg Shares
21
24
24
24
24
24
24
24
24
24
24
24
24
24
Sales/Revenue/Turnover
18,232
19,799
19,872
20,183
23,619
31,443
24,891
22,189
36,150
42,474
45,826
44,040
50,494
56,904
Operating Margin (%)
5.06
4.85
5.65
6.38
5.42
5.37
3.78
2.61
4.25
3.44
4.32
5.89
6.04
5.43
Depreciation Expense
553
541
605
639
705
787
779
856
1,010
721
849
932
1,153
1,217
Net Income, GAAP
284
297
411
592
751
765
491
18
765
554
628
1,109
1,550
1,635
Effective Tax Rate (%)
26.89
24.79
29.01
23.76
28.75
29.65
- -
85
24.15
21.91
21.31
24.65
24.41
25.35
Profit Margin (%)
1.56
1.5
2.07
2.94
3.18
2.43
1.97
0.08
2.12
1.3
1.37
2.52
3.07
2.87
Working Capital
-40
337
1,035
701
1,323
953
193
360
-234
-1,603
-1,105
-1,339
-2,590
- -
LT Debt
1,222
1,631
1,873
1,266
1,337
2,005
2,902
3,496
2,692
2,174
2,983
3,079
3,138
- -
Total Equity
3,636
3,811
4,252
4,687
6,100
6,632
6,847
6,800
7,507
7,973
8,489
9,324
10,549
- -
Return on Invested Capital (%)
10.4
10.94
10.57
11.88
11.14
11.16
- -
0.64
7.71
7.02
8.77
11.87
13.19
- -
Return on Capital (%)
9.6
10.2
10.33
11.54
11.72
11.5
- -
0.9
8.89
8.74
10.03
12.2
13.86
- -
Return on Common Equity (%)
9.13
7.99
10.2
13.26
14.23
12.47
7.52
0.27
10.97
7.29
7.73
12.59
15.79
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
4,544
- -
LT Borrowings
- -
2,573
- -
LT Finance Leases
- -
565
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
21,020
24,366
43,637

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
18,043
- -
Cash, Cash Equivalents & STI
- -
87
- -
Accounts Receivable, Net
- -
8,187
- -
Inventories
- -
7,464
- -
Total Current Liabilities
- -
20,633
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,544
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.77%
9.21%
13.14%
Free Cash Flow
-115.5%
-156.75%
4.9%
Net Income, GAAP
414.44%
840.78%
39.77%
Sales/Revenue/Turnover
11.91%
19.81%
14.65%
Total Cash Common Dividend
111.75%
217.41%
3.83%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
11,659
11,765
11,249
12,772
44,040
2026
12,655
12,640
13,715
15,640
50,494
2027
14,910
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
9.66
9.82
10.25
15.66
45.39
2026
12.23
12.68
14.76
23.78
63.44
2027
15.68
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
11.85
2026
- -
- -
- -
- -
12.3
2027
- -
- -
- -
- -
- -

Company Description

CEO
Srivats Ram
Full Time Employees
8,683
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
M.T.H. Road Chennai TN India 600050
IPO Date
Jan 3, 1995
Business
Wheels India Limited, along with its subsidiary, specializes in the production and distribution of an extensive array of automotive and industrial components across India and international markets. The company manufactures steel wheels tailored for heavy, light, and agricultural vehicles, alongside sophisticated off-road construction wheels, wire wheels, forged aluminum wheels, and cast aluminum wheels. Its diverse offerings extend to advanced air suspension systems designed for buses, trucks, and trailers, as well as specialized control products. Beyond its core wheel business, Wheels India actively contributes to the renewable energy sector by supplying precision-machined components for wind turbines. The firm also provides fabricated products for heavy engineering applications, including the construction and mining equipment segments, and has expanded into manufacturing hydraulic cylinders and components for the railway industry. Recently, the company entered a technical agreement with a South Korean entity to bolster its hydraulics cylinder operations. Established in 1960 and headquartered in Chennai, India, Wheels India maintains a strong focus on engineering innovation and quality across its global operations.