Wheels India
Wheels India Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Wheels India Limited, framed against the sector median so the premium or discount is obvious at a glance.
Wheels India Limited trades at a P/E of 15.55× and P/B of 2.36×.
Valuation
Profitability
Growth
Financial Health
Wheels India Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Wheels India Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Wheels India Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Wheels India Limited, switchable between annual and quarterly views, consolidated or standalone.
Wheels India Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,872.63 Cr and reported EPS of ₹63.38.
| Period | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 2,610 | 2,672 | 2,413 | 3,966 | 4,651 | 4,977 | 4,744 | 5,465 |
| Other Income | 8 | 8 | 2 | 12 | 21 | 8 | 5 | 23 |
| Total Income | 2,618 | 2,680 | 2,416 | 3,979 | 4,672 | 4,985 | 4,749 | 5,488 |
| Cost of Goods Sold (COGS) | 1,748 | 1,859 | 1,677 | 2,902 | 3,425 | 3,608 | 3,311 | 3,736 |
| Gross Profit | 862 | 813 | 737 | 1,065 | 1,226 | 1,369 | 1,433 | 1,729 |
| +Operating Expenses | 664 | 641 | 594 | 810 | 1,008 | 1,103 | 1,081 | 1,316 |
| EBITDA | 199 | 172 | 143 | 255 | 218 | 266 | 352 | 413 |
| +Non-Operating Expenses | 128 | 144 | 144 | 172 | 175 | 207 | 215 | 235 |
| Profit Before Tax (PBT) | 104 | 36 | 1 | 95 | 64 | 67 | 142 | 201 |
| +Tax Expense | 30 | -12 | 1 | 24 | 15 | 16 | 37 | 51 |
| Total Profit for Period | 75 | 47 | 0 | 74 | 54 | 59 | 112 | 158 |
| Less: Non-controlling Interests | 0 | -2 | -2 | -2 | -4 | -4 | — | — |
| Net Profit (Owner's PAT) | 75 | 49 | 2 | 76 | 58 | 63 | 112 | 158 |
| Earnings Per Share (EPS) | 31.20 | 20.39 | 0.76 | 31.78 | 24.13 | 25.69 | 45.92 | 64.69 |
| Diluted Shares Outstanding (Nos.) | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| +Additional Disclosures | 4,279 | 4,498 | 4,091 | 6,786 | 8,033 | 8,533 | 7,925 | 9,026 |
| Sales Growth % | — | 2.35 | -9.67 | 64.35 | 17.26 | 7.01 | -4.68 | 15.19 |
| YoY Sales Growth % | — | — | -9.67 | 64.35 | 17.26 | 7.01 | -4.68 | 15.19 |
| Material Cost % | 68 | 68 | 70 | 77 | 75 | 72 | 69 | 68 |
| Employee Cost % | 11 | 12 | 12 | 10 | 10 | 10 | 11 | 11 |
| Other Cost % | 15 | 12 | 12 | 11 | 12 | 12 | 12 | 13 |
| OPM % | 8 | 6 | 6 | 6 | 5 | 5 | 7 | 8 |
| Tax % | 29 | -33 | 76 | 25 | 23 | 24 | 26 | 25 |
| Profit Growth % | — | — | -96.29 | 4,101.65 | -24.06 | 8.09 | 78.73 | 40.88 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 128 | 94 | 57 | 154 | 146 | 181 | 259 | 298 |
Wheels India segment analysis: revenue and profit mix.
Disclosed business segments at Wheels India with their share of revenue and profit, switchable between consolidated and standalone reporting.
Wheels India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Wheels India Limited investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Wheels India Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Wheels India Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Robust promoter holding of 58.31% indicates strong management confidence.
Current P/E ratio of 19.30 is lower than many industry peers.
Strong quarterly profit growth, with a significant 26.60% increase.
Healthy debt-to-equity ratio of 0.80 indicates financial stability.
Impressive 5-year EPS growth of 17.28% demonstrates consistent earnings power.
What can break it.
Return on Assets (ROA) at 3.48% suggests asset utilization inefficiencies.
Declining DII holdings and low FII participation signal reduced institutional confidence.
Market capitalization of 2270 Cr is smaller than major peers, limiting scale.
Quarterly net profits have shown considerable volatility in past periods.
Relatively low Return on Equity (ROE) of 6.95% indicates suboptimal shareholder returns.
What would change my mind.
Trim if P/E re-rates above 20. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Income thesis breaks if the dividend is cut or yield falls below 0.39%.
Wheels India Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Wheels India Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
Wheels India Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Wheels India Limited — derived from the live tape, not yesterday's close.
Wheels India Limited last traded at ₹1,591.1 with an intraday range of ₹1,582.5–₹1,644.5 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹1591.10| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1753.57 | +162.47 | +10.21% |
| R3 | 1691.57 | +100.47 | +6.31% |
| R2 | 1668.03 | +76.93 | +4.84% |
| R1 | 1629.57 | +38.47 | +2.42% |
| PIVOT | 1606.03 | 14.93 | 0.94% |
| CURRENT | 1591.10 | — | — |
| S1 | 1443.57 | -147.53 | -9.27% |
| S2 | 1505.57 | -85.53 | -5.38% |
| S3 | 1544.03 | -47.07 | -2.96% |
| S4 | 1567.57 | -23.53 | -1.48% |
WHEELS is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 1614.6 ~ 1644.5
Trading Inside opening range
Wheels India Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Wheels India Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Wheels India Limited stood at 44.8% of traded volume, against a 20-day average of 45.6%.
Wheels India announcements: results, concalls, ratings, M&A.
Filings Wheels India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Wheels India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 68 documents below.
Copy of Newspaper Publication
Wheels India Limited has informed the Exchange about Copy of Newspaper Publication
Updates
Wheels India Limited has informed the Exchange regarding 'updates'.
Analysts/Institutional Investor Meet/Con. Call Updates
Wheels India Limited has informed the Exchange about Presentation
Dividend
Wheels India Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 9.14…
Press Release
Wheels India Limited has informed the Exchange regarding a press release dated May 15, 2026, titled "Press Release".
Investor decks & rating reports.
Wheels India insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Wheels India as reported to SEBI — buying and selling signals from the people who know the business best.
Wheels India insider activity below tracks 16 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Nivedita Ram | Insider | 19 Mar 2026 | buy | +78.3 K | ₹7.78 Cr | ₹993.67 |
| Nivedita Ram | Insider | 19 Mar 2026 | buy | +78.3 K | ₹7.78 Cr | ₹993.67 |
| Nivedita Ram | Insider | 19 Mar 2026 | buy | +78.3 K | ₹7.78 Cr | ₹993.67 |
| Nivedita Ram | Insider | 19 Mar 2026 | buy | +78.3 K | ₹7.78 Cr | ₹993.67 |
| Nivedita Ram | Insider | 19 Mar 2026 | buy | +78.3 K | ₹7.78 Cr | ₹993.67 |
| Nivedita Ram | Insider | 16 Mar 2026 | buy | +21.7 K | ₹2.02 Cr | ₹928.05 |
| Nivedita Ram | Insider | 16 Mar 2026 | buy | +21.7 K | ₹2.02 Cr | ₹928.05 |
| Nivedita Ram | Insider | 16 Mar 2026 | buy | +21.7 K | ₹2.02 Cr | ₹928.05 |
| Nivedita Ram | Insider | 16 Mar 2026 | buy | +21.7 K | ₹2.02 Cr | ₹928.05 |
| Srivats Ram | Insider | 12 Mar 2026 | buy | +29.3 K | ₹2.72 Cr | ₹926.74 |
Wheels India dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Wheels India has declared, sequenced by announce and record date.
Wheels India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Wheels India Limited: business, sector, key facts.
What Wheels India Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Wheels India Limited operates in the Automobile and Auto Components, listed as NSE: WHEELS, BSE: 590073.
Wheels India Limited is a prominent Indian manufacturer and seller of automotive and industrial components, serving both domestic and international markets. Their core business revolves around the production and distribution of a diverse range of components crucial to various sectors.
A significant portion of their production focuses on wheels for a wide array of vehicles. This includes steel, cast aluminum, forged aluminum, and wire wheels designed for passenger and light cargo vehicles, trucks, trailers, buses, agricultural and farm equipment, off-road vehicles, and even defense vehicles. This breadth of application underscores their ability to cater to a substantial and varied customer base.
Beyond wheels, Wheels India's manufacturing capabilities extend to other critical vehicle components. They produce vehicle chassis and suspensions, showcasing their expertise in the broader automotive parts sector. This diversification reduces reliance on a single product line and improves overall business stability.
Furthermore, the company’s reach extends beyond the automotive industry. They manufacture components and structures for wind turbines, contributing to the renewable energy sector. Their involvement in railway products, such as bogie frames and bolsters, and components for construction, mining vehicles, and other heavy equipment, demonstrates a commitment to supplying essential parts across various industries.
Wheels India also produces hydraulic cylinders for energy equipment and off-road vehicles, further highlighting their diverse manufacturing capabilities and the range of sectors they serve. Their contributions to thermal power plants further solidify their position as a key supplier to several major industrial segments.
Established in 1960 and headquartered in Chennai, India, Wheels India Limited has a long history of supplying high-quality components. Their sustained success is attributed to their ability to adapt to changing market demands and consistently deliver a wide variety of essential parts across multiple sectors.
Questions investors ask about Wheels India Limited (WHEELS).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Wheels India Limited (WHEELS)?
The current share price of Wheels India Limited (WHEELS) is ₹1,591.1. Today, the stock has declined by ₹35.90 (2.21%), trading in a range of ₹1,582.5 to ₹1,644.5. The stock opened at ₹1,630 with a trading volume of 78,620 shares.
02Is Wheels India Limited stock a good investment for long-term?
Wheels India Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,872.63 crores, P/E ratio of 15.55, ROE of 0.00%, and ROCE of 18.80%. The dividend yield stands at 0.77%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Wheels India Limited stock?
The 52-week high price of Wheels India Limited (WHEELS) is ₹1,744, while the 52-week low is ₹705.85. Currently trading at ₹1,591.1, the stock is 85.3% away from its 52-week low and 8.8% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Wheels India Limited stock at the current price?
Whether to buy Wheels India Limited stock at ₹1,591.1 depends on multiple factors. The stock is currently trading with a P/E ratio of 15.55 and P/B ratio of 2.36. Today's performance shows a loss of 2.21%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Wheels India Limited and when is the next dividend?
Wheels India Limited offers a dividend yield of 0.77%, which means for every ₹100 invested at the current price of ₹1,591.1, you can expect to receive approximately ₹0.77 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Wheels India Limited?
Wheels India Limited's key financial metrics include: P/E Ratio: 15.55, P/B Ratio: 2.36, ROE: 0.00%, ROCE: 18.80%, Dividend Yield: 0.77%, EPS: ₹63.38, Book Value: ₹426.34, and Debt-to-Equity: 0.00. The company's market cap stands at ₹3,872.63 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Wheels India Limited stock performing today in the market?
Wheels India Limited stock opened at ₹1,630 and is currently trading at ₹1,591.1, showing a decline of ₹35.90 (2.21%). The intraday high is ₹1,644.5 and low is ₹1,582.5. The trading volume stands at 78,620 shares, indicating moderate market participation today.
08What is the P/E ratio of Wheels India Limited and what does it indicate?
Wheels India Limited has a Price-to-Earnings (P/E) ratio of 15.55, which means investors are willing to pay ₹15.55 for every ₹1 of earnings. With an EPS of ₹63.38, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Wheels India Limited (WHEELS) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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