Wheels India Ltd
WHEELSWheels India Ltd
WHEELS
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 32.39 | 2.09 | 1.03% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 69.99 | 6.73 | 0.56% |
Forecast & Ratings
Detailed ForecastPrice
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Wheels India Limited manufactures steel wheel for cars, utility vehicles, commercial vehicles and also manufactures air suspension kits for trucks and buses.
Peers
Compare with peersBosch Ltd
Samvardhana Motherson International Ltd
Schaeffler India Ltd
UNO Minda Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,982.54 | 1,989.10 | 2,176.93 | 2,585.24 | 3,448.84 | 2,679.64 | 2,415.73 | 3,982.12 | 4,676.92 | 4,854.65 | ||||||||||
Raw Materials | 1,337.75 | 1,321.40 | 1,423.81 | 1,766.99 | 2,494.23 | 1,821.17 | 1,697.43 | 3,044.73 | 3,478.58 | 4,603.64 | ||||||||||
| Power & Fuel Cost | 95.99 | 93.73 | 89.89 | 104.98 | 140.83 | 102.05 | 101.79 | 151.43 | 168.52 | |||||||||||
| Employee Cost | 213.31 | 231.82 | 252.73 | 272.24 | 339.20 | 310.24 | 299.51 | 379.05 | 445.90 | |||||||||||
| Selling & Administrative Expenses | 47.40 | 51.28 | 51.77 | 68.54 | 90.63 | 66.62 | 55.20 | 75.84 | 95.16 | |||||||||||
| Operating & Other expenses | 135.34 | 116.51 | 168.95 | 151.23 | 131.14 | 199.59 | 116.53 | 60.82 | 244.51 | |||||||||||
EBITDA | 152.75 | 174.36 | 189.78 | 221.26 | 252.81 | 179.97 | 145.27 | 270.25 | 244.25 | 251.01 | ||||||||||
| Depreciation/Amortization | 54.14 | 60.45 | 63.92 | 70.45 | 78.65 | 77.92 | 85.60 | 100.96 | 72.14 | 77.96 | ||||||||||
| PBIT | 98.61 | 113.91 | 125.86 | 150.81 | 174.16 | 102.05 | 59.67 | 169.29 | 172.11 | 173.05 | ||||||||||
| Interest & Other Items | 59.07 | 57.58 | 48.16 | 44.86 | 65.91 | 66.52 | 58.87 | 71.49 | 102.87 | 116.99 | ||||||||||
| PBT | 39.54 | 56.33 | 77.70 | 105.95 | 108.25 | 35.53 | 0.80 | 97.80 | 69.24 | 56.06 | ||||||||||
| Taxes & Other Items | 9.80 | 15.20 | 18.46 | 30.87 | 31.74 | -13.53 | -1.02 | 21.33 | 11.17 | 5.95 | ||||||||||
| Net Income | 29.74 | 41.13 | 59.24 | 75.08 | 76.51 | 49.06 | 1.82 | 76.47 | 58.07 | 50.11 | ||||||||||
| EPS | 12.36 | 17.09 | 24.62 | 31.20 | 31.79 | 20.39 | 0.76 | 31.78 | 24.13 | 20.82 | ||||||||||
| DPS | 3.75 | 4.50 | 6.50 | 7.50 | 8.00 | 5.65 | 1.00 | 8.30 | 6.97 | 6.97 | ||||||||||
| Payout ratio | 0.30 | 0.26 | 0.26 | 0.24 | 0.25 | 0.28 | 1.32 | 0.26 | 0.29 | 0.33 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Wheels India Ltd | 27.95 | 2.09 | 1.03% |
| Bosch Ltd | 44.69 | 5.79 | 2.22% |
| Samvardhana Motherson International Ltd | 41.71 | 2.56 | 0.71% |
| Schaeffler India Ltd | 50.46 | 10.35 | 0.85% |
Price Comparison
Compare WHEELS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Wheels India Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 6.5227% | Percentage of the fund’s portfolio invested in the stock 0.86% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 32/75 (-5) |
HDFC MULTI CAP FUND - DIRECT PLAN - GROWTH OPTION Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.2018% | Percentage of the fund’s portfolio invested in the stock 0.77% | Change in the portfolio weight of the stock over the last 3 months -0.21% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 75/167 (-50) |
Bandhan Sterling Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.5861% | Percentage of the fund’s portfolio invested in the stock 0.87% | Change in the portfolio weight of the stock over the last 3 months -0.12% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 31/69 (-1) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 1.03%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.33 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 12, 2023
Dividend/Share
₹3.97
Ex DateEx Date
Jul 12, 2023
Cash Dividend
Ex DateEx DateFeb 14, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Feb 14, 2023
Cash Dividend
Ex DateEx DateJul 5, 2022
Dividend/Share
₹8.30
Ex DateEx Date
Jul 5, 2022
Cash Dividend
Ex DateEx DateJul 27, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Jul 27, 2021
Cash Dividend
Ex DateEx DateJul 22, 2020
Dividend/Share
₹2.65
Ex DateEx Date
Jul 22, 2020
News & Opinions
Wheels India eyes new orders to sustain export growth in current fiscal
2 weeks ago•The Hindu
Wheels India Q2 net hit by one-off charges
1 month ago•The Hindu
Wheels India to open subsidiaries in US, Europe
1 month ago•Business Today
Wheels India pegs domestic wheel biz to pick-up post monsoon
4 months ago•Economic Times
Wheels India Q1 net rises 25% to ₹13 crore
4 months ago•The Hindu
Wheels India posts ₹13 crore net in Q1 on higher exports
4 months ago•The Hindu Businessline
Wheels India gets NCLT nod to merge with Sundaram Hydraulics
4 months ago•The Hindu Businessline
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.59%, vs industry avg of 8.32%
Increasing Market Share
Over the last 5 years, market share increased from 1.26% to 1.7%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -5.01%, vs industry avg of 4.54%