1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Auto parts: OEM
Wheels India Limited

Wheels India Limited

2,108.70
INR
-86.80
(-3.95%)
68.11EPS
26.70P/E
43.64BMarket Cap
Wheels India Limited
NSE:WHEELS
(National Stock Exchange of India)

Recent

price

2,108.70

P/E

ratio

26.70

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
430.82
525.57
487.39
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
Revenue per Share
6.92
9.64
8.95
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
Basic EPS, GAAP
25.66
13.39
11.36
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
- -
Free Cash Flow per Basic Share
1.25
2.91
1.66
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
- -
Dividend per Share
61.07
67.12
72.66
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
- -
Book Value per Share
60.05
65.87
71.7
150.15
157.43
176.01
194
242.66
263.5
273.76
273.14
303.71
311.65
329.12
363
411.2
- -
Tangible Book Value per Share
36
36
36
21
24
24
24
24
24
24
24
24
24
24
24
24
24
Basic Weighted Avg Shares
15,347
18,723
17,363
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
Sales/Revenue/Turnover
9.11
6.05
5.6
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
Operating Margin (%)
461
505
536
553
541
605
639
705
787
779
856
1,010
721
849
932
1,153
1,217
Depreciation Expense
246
343
319
284
297
411
592
751
765
491
18
765
554
628
1,109
1,550
1,635
Net Income, GAAP
0.61
36.58
28.45
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
Effective Tax Rate (%)
1.61
1.83
1.84
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
Profit Margin (%)
-171
-115
136
-40
337
1,035
701
1,323
953
193
360
-234
-1,603
-1,105
-1,339
-2,590
- -
Working Capital
1,840
1,765
2,047
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
- -
LT Debt
2,175
2,391
2,589
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
- -
Total Equity
28.48
14.07
10.75
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 Invested Capital (%)
9.94
6.68
4.88
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 Capital (%)
11.79
15.04
12.8
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
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.