
Wheels India Latest Share Price (WHEELS)
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WHEELS is little changed at ₹1510.40 on light volume — a quiet consolidation day, supported by recent strong earnings.
With a market cap of ₹3,697.45 Cr., it trades at a P/E of 22.26. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
Wheels India flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Quarterly OutperformanceLatest quarter Sales up 17.8% and Profit up 28.2%
- ●High Capital EfficiencyROCE of 18.8% indicating pricing power
- ●Strong Return on EquityHealthy ROE of 15.8%
- ●High Promoter HoldingPromoters hold 58.3% skin-in-the-game
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Earnings DeclineEPS (TTM) has contracted by 9.8% YoY
Latest Wheels India News
What changed recently?
Recent events, corporate actions, and announcements.
Wheels India Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Wheels India Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Wheels India Ltd trades at a P/E of 22.26× and P/B of 3.54×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
Wheels India Ltd technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Wheels India Ltd — derived from the latest tape, not yesterday's close.
Wheels India Ltd last traded at ₹1,510.4 with an intraday range of ₹1,482.1–₹1,527 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹1510.40| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1620.70 | +110.30 | +7.30% |
| R3 | 1575.80 | +65.40 | +4.33% |
| R2 | 1551.40 | +41.00 | +2.71% |
| R1 | 1530.90 | +20.50 | +1.36% |
| PIVOT | 1506.50 | -3.90 | -0.26% |
| CURRENT | 1510.40 | — | — |
| S1 | 1486.00 | -24.40 | -1.62% |
| S2 | 1461.60 | -48.80 | -3.23% |
| S3 | 1441.10 | -69.30 | -4.59% |
| S4 | 1396.20 | -114.20 | -7.56% |
WHEELS is trading Above CPR, indicating Bullishness
CPR is Average
Day's range: ₹1482.1–₹1512.8
Trading Inside opening range
Wheels India Ltd financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for Wheels India Ltd — consolidated or standalone — with margins, YoY growth and key ratios inline.
Wheels India Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,697.45 Cr. and reported EPS of ₹66.90.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 4,744 | 5,465 ▲ 15.2% |
| Sales Growth YoY %Derived | -4.68% | 15.19% |
| Other Income | 5 | 23 ▲ 388.8% |
| Total Income | 4,749 | 5,488 ▲ 15.6% |
| 3,311 | 3,736 ▲ 12.8% | |
| Gross ProfitDerived | 1,433 | 1,729 ▲ 20.7% |
| Gross Margin %Derived | 30.20% | 31.64% |
| 1,081 | 1,316 ▲ 21.8% | |
| EBITDA (Operating Profit)Derived | 352 | 413 ▲ 17.1% |
| OPM %Derived | 7.43% | 7.55% |
| 215 | 235 ▲ 9.4% | |
| Profit Before Tax (PBT) | 142 | 201 ▲ 40.9% |
| 37 | 51 ▲ 39.1% | |
| Effective Tax %Derived | 25.78% | 25.45% |
| Total Profit for Period | 112 | 158 ▲ 40.9% |
| Less: Non-controlling Interests | — | — |
| Net Profit (Owner's PAT)Derived | 112 | 158 ▲ 40.9% |
| Net Profit Margin %Derived | 2.36% | 2.89% |
| PAT Growth YoY %Derived | 78.73% | 40.88% |
| Earnings Per Share (EPS ₹) | 45.92 | 64.69 ▲ 40.9% |
| Diluted Shares Outstanding (Cr) | 2 | 2 ▲ 0.0% |
| Share of Profit from Associates/JVs | 7 | 9 ▲ 30.8% |
| Other Comprehensive Income (Net of Tax) | 0 | -5 ▼ 1564.9% |
| Total Expenses (incl. D&A & Interest) | 4,607 | 5,287 ▲ 14.8% |
| Material Cost % of RevenueDerived | 68.73% | 68.44% |
| Employee Cost % of RevenueDerived | 10.69% | 10.82% |
| Other Cost % of RevenueDerived | 12.09% | 13.27% |
| Interest Coverage (x)Derived | 2.13x | 2.48x |
| Period | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 2,610 | 2,672 ▲ 2.4% | 2,413 ▼ 9.7% | 3,966 ▲ 64.4% | 4,651 ▲ 17.3% | 4,977 ▲ 7.0% | 4,744 ▼ 4.7% | 5,465 ▲ 15.2% | |
| Sales Growth YoY %Derived | — | — | -9.67% | 64.35% | 17.26% | 7.01% | -4.68% | 15.19% | |
| Other Income | 8 | 8 ▲ 0.1% | 2 ▼ 70.6% | 12 ▲ 425.8% | 21 ▲ 67.3% | 8 ▼ 60.6% | 5 ▼ 43.0% | 23 ▲ 388.8% | |
| Total Income | 2,618 | 2,680 ▲ 2.3% | 2,416 ▼ 9.8% | 3,979 ▲ 64.7% | 4,672 ▲ 17.4% | 4,985 ▲ 6.7% | 4,749 ▼ 4.7% | 5,488 ▲ 15.6% | |
1,748 | 1,859 ▲ 6.3% | 1,677 ▼ 9.8% | 2,902 ▲ 73.1% | 3,425 ▲ 18.0% | 3,608 ▲ 5.3% | 3,311 ▼ 8.2% | 3,736 ▲ 12.8% | ||
| Gross ProfitDerived | 862 | 813 ▼ 5.7% | 737 ▼ 9.4% | 1,065 ▲ 44.5% | 1,226 ▲ 15.2% | 1,369 ▲ 11.7% | 1,433 ▲ 4.7% | 1,729 ▲ 20.7% | |
| Gross Margin %Derived | 33.03% | 30.43% | 30.53% | 26.84% | 26.36% | 27.51% | 30.20% | 31.64% | |
664 | 641 ▼ 3.4% | 594 ▼ 7.4% | 810 ▲ 36.4% | 1,008 ▲ 24.4% | 1,103 ▲ 9.5% | 1,081 ▼ 2.1% | 1,316 ▲ 21.8% | ||
| EBITDA (Operating Profit)Derived | 199 | 172 ▼ 13.4% | 143 ▼ 16.8% | 255 ▲ 78.1% | 218 ▼ 14.2% | 266 ▲ 21.7% | 352 ▲ 32.6% | 413 ▲ 17.1% | |
| OPM %Derived | 7.61% | 6.44% | 5.93% | 6.42% | 4.70% | 5.34% | 7.43% | 7.55% | |
128 | 144 ▲ 13.0% | 144 ▲ 0.0% | 172 ▲ 19.4% | 175 ▲ 1.5% | 207 ▲ 18.5% | 215 ▲ 3.6% | 235 ▲ 9.4% | ||
| Profit Before Tax (PBT) | 104 | 36 ▼ 65.8% | 1 ▼ 97.5% | 95 ▲ 10527.0% | 64 ▼ 32.1% | 67 ▲ 3.8% | 142 ▲ 113.6% | 201 ▲ 40.9% | |
30 | -12 ▼ 138.7% | 1 ▲ 105.8% | 24 ▲ 3373.5% | 15 ▼ 36.1% | 16 ▲ 5.7% | 37 ▲ 130.2% | 51 ▲ 39.1% | ||
| Effective Tax %Derived | 29.34% | -33.17% | 76.40% | 24.97% | 23.49% | 23.93% | 25.78% | 25.45% | |
| Total Profit for Period | 75 | 47 ▼ 37.3% | 0 ▼ 99.7% | 74 ▲ 61716.7% | 54 ▼ 27.0% | 59 ▲ 8.8% | 112 ▲ 90.5% | 158 ▲ 40.9% | |
| Less: Non-controlling Interests | 0 | -2 ▼ 524.4% | -2 ▲ 2.3% | -2 ▼ 34.7% | -4 ▼ 71.2% | -4 ▲ 1.3% | — ▲ 100.0% | — | |
| Net Profit (Owner's PAT)Derived | 75 | 49 ▼ 34.7% | 2 ▼ 96.3% | 76 ▲ 4101.6% | 58 ▼ 24.1% | 63 ▲ 8.1% | 112 ▲ 78.7% | 158 ▲ 40.9% | |
| Net Profit Margin %Derived | 2.88% | 1.84% | 0.08% | 1.93% | 1.25% | 1.26% | 2.36% | 2.89% | |
| PAT Growth YoY %Derived | — | — | -96.29% | 4,101.65% | -24.06% | 8.09% | 78.73% | 40.88% | |
| Earnings Per Share (EPS ₹) | 31.20 | 20.39 ▼ 34.6% | 0.76 ▼ 96.3% | 31.78 ▲ 4081.6% | 24.13 ▼ 24.1% | 25.69 ▲ 6.5% | 45.92 ▲ 78.7% | 64.69 ▲ 40.9% | |
| Diluted Shares Outstanding (Cr) | 2 | 2 ▲ 0.0% | 2 ▲ 0.0% | 2 ▲ 0.0% | 2 ▲ 0.0% | 2 ▲ 1.5% | 2 ▲ 0.0% | 2 ▲ 0.0% | |
| Share of Profit from Associates/JVs | 2 | -0 ▼ 100.5% | -0 ▼ 800.0% | 3 ▲ 3677.8% | 5 ▲ 55.6% | 8 ▲ 63.9% | 7 ▼ 20.5% | 9 ▲ 30.8% | |
| Other Comprehensive Income (Net of Tax) | 2 | -3 ▼ 294.2% | 2 ▲ 146.7% | -1 ▼ 169.7% | -0 ▲ 55.6% | 2 ▲ 570.8% | 0 ▼ 83.6% | -5 ▼ 1564.9% | |
| Total Expenses (incl. D&A & Interest) | 2,514 | 2,644 ▲ 5.2% | 2,415 ▼ 8.7% | 3,884 ▲ 60.9% | 4,608 ▲ 18.6% | 4,919 ▲ 6.8% | 4,607 ▼ 6.3% | 5,287 ▲ 14.8% | |
| Material Cost % of RevenueDerived | 67.70% | 68.17% | 70.33% | 76.76% | 74.79% | 72.09% | 68.73% | 68.44% | |
| Employee Cost % of RevenueDerived | 10.55% | 11.61% | 12.41% | 9.56% | 9.59% | 10.31% | 10.69% | 10.82% | |
| Other Cost % of RevenueDerived | 14.87% | 12.38% | 12.19% | 10.86% | 12.08% | 11.86% | 12.09% | 13.27% | |
| Interest Coverage (x)Derived | 2.86x | 1.41x | 0.98x | 2.15x | 1.42x | 1.48x | 2.13x | 2.48x |
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
The Bull, Bear, and Flip case for Wheels India Ltd.
Our AI distills the core fundamental drivers supporting Wheels India Ltd, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
Wheels India Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Strong promoter holding of 58.31% ensures long-term management alignment and governance stability.
Minimal financial leverage with debt-to-equity ratio of 0.0074 indicates fortress balance sheet.
ROCE of 18.80% exceeds peer median 17.3%, demonstrating efficient capital deployment.
Operating cash flow of ₹230 Cr exceeds quarterly PAT, showing robust cash conversion.
Diversified product portfolio across automotive, wind turbines, railways reduces segment risk.
Key Risks.
Latest quarterly EPS declined 9.8% YoY despite revenue growth, signaling earnings pressure.
Net profit margin of 2.84% significantly trails peer median of 6.42%, weak pricing power.
Operating margin of 5.44% lags peer median of 11.55%, limiting profitability expansion.
Forward P/E of 43.64x substantially elevated versus current P/E of 24.73x, valuation stretched.
Current ratio of 0.91x below 1.0 threshold indicates tight working capital management.
Flip Conditions.
Valuation risk. a P/E above 29 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.24. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 11% would indicate weaker capital compounding.
Wheels India Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Wheels India Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
Wheels India Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Wheels India Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Wheels India Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Wheels India Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Wheels India Ltd stood at 40.4% of traded volume, against a 20-day average of 50.9%.
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 85 documents below.
Outcome of Board Meeting
Wheels India Limited has informed the Exchange regarding Outcome of Board Meeting held on August 19, 2026.
Shareholders meeting
Wheels India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding…
Updates
Wheels India Limited has informed the Exchange regarding ''.revised shareholding pattern
Disclosure under SEBI Takeover Regulations
TSF Investments Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any…
Disclosure under SEBI Takeover Regulations
TSF Investments Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India…
Investor decks & rating reports.
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.
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 |
About Wheels India Ltd: business, sector, key facts.
What Wheels India Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Wheels India Ltd operates in the Auto Components & Equipments industry under the Automobile and Auto Components sector, 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.
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Questions investors ask about Wheels India Ltd (WHEELS).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Wheels India Ltd (WHEELS)?
The current share price of Wheels India Ltd (WHEELS) is ₹1,510.40. Today, the stock has declined by ₹2.40 (0.16%), trading in a range of ₹1,482.10 to ₹1,527.00. The stock opened at ₹1,512.80 with a trading volume of 22,663 shares.
02Is Wheels India Ltd stock a good investment for long-term?
Wheels India Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,697.45 Cr., P/E ratio of 22.26, ROE of 15.8%, and ROCE of 18.8%. The dividend yield stands at 0.95%. 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 Ltd stock?
The 52-week high price of Wheels India Ltd (WHEELS) is ₹1,808.00, while the 52-week low is ₹705.85. Currently trading at ₹1,510.40, the stock is 113.98% above its 52-week low and 16.46% 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 Ltd stock at the current price?
Whether to buy Wheels India Ltd stock at ₹1,510.40 depends on multiple factors. The stock is currently trading with a P/E ratio of 22.26 and P/B ratio of 3.54. Today's performance shows a loss of 0.16%. 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 Ltd and when is the next dividend?
Wheels India Ltd offers a dividend yield of 0.95%, which means for every ₹100 invested at the current price of ₹1,510.40, you can expect to receive approximately ₹0.95 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 Ltd?
Wheels India Ltd's key financial metrics include: P/E Ratio: 22.26, P/B Ratio: 3.54, ROE: 15.8%, ROCE: 18.8%, Dividend Yield: 0.95%, EPS: ₹66.90, Book Value: ₹426.00, and Debt-to-Equity: 0.74. The company's market cap stands at ₹3,697.45 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Wheels India Ltd stock performing today in the market?
Wheels India Ltd stock opened at ₹1,512.80 and is currently trading at ₹1,510.40, showing a decline of ₹2.40 (0.16%). The intraday high is ₹1,527.00 and low is ₹1,482.10. The trading volume stands at 22,663 shares, indicating moderate market participation today.
08What is the P/E ratio of Wheels India Ltd and what does it indicate?
Wheels India Ltd has a Price-to-Earnings (P/E) ratio of 22.26, which means investors are willing to pay 22.26 for every ₹1 of earnings. With an EPS of ₹66.90, 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 Ltd (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.