Good morning :)
Place Order
Add to Watchlist

Wheels India Ltd

WHEELS Share Price

755.900.61% (+4.55)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹1,846 cr, stock is ranked 1,137

Stock is 2.56x as volatile as Nifty

WHEELS Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹1,846 cr, stock is ranked 1,137

Stock is 2.56x as volatile as Nifty

WHEELS Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
16.592.181.53%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
37.976.750.60%

WHEELS Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

WHEELS Company Profile

Wheels India Limited manufactures steel wheel for cars, utility vehicles, commercial vehicles and also manufactures air suspension kits for trucks and buses.

Investor Presentation

View older 

May 20, 2025

PDF
View Older Presentations

WHEELS Similar Stocks (Peers)

Compare with peers 
PE Ratio
38.39
1Y Return
11.21%
Buy Reco %
81.82
BOSCHLTD
PE Ratio
37.58
1Y Return
2.60%
Buy Reco %
33.33
PE Ratio
67.92
1Y Return
8.96%
Buy Reco %
88.89
PE Ratio
62.63
1Y Return
35.73%
Buy Reco %
70.59
PE Ratio
54.61
1Y Return
16.59%
Buy Reco %
66.67
Compare with Peers

WHEELS Forecasts

WHEELS Forecast

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

WHEELS

Income

Balance Sheet

Cash Flow

WHEELS Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 7.68%, vs industry avg of 8.27%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 1.57% to 1.46%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -3.88%, vs industry avg of 10.04%

Loading...

Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue2,176.932,585.243,448.842,679.642,415.733,982.124,666.314,993.694,755.614,756.72
Raw Materialssubtract1,423.811,766.992,494.231,821.171,697.433,044.733,459.533,588.294,391.934,393.05
Power & Fuel Costsubtract89.89104.98140.83102.05101.79151.43170.16179.99
Employee Costsubtract252.73272.24339.20310.24299.51379.05456.76512.99
Selling & Administrative Expensessubtract51.7768.5490.6366.6255.2075.8497.50101.45
Operating & Other expensessubtract168.95151.23131.14199.59116.5360.82235.70328.71
Depreciation/Amortizationsubtract63.9270.4578.6577.9285.60100.9674.3784.9193.2293.21
Interest & Other Itemssubtract48.1644.8665.9166.5258.8771.49106.43122.50121.56121.56
Taxes & Other Itemssubtract18.4630.8731.74-13.53-1.0221.3310.5112.0838.0037.58
EPS24.6231.2031.7920.390.7631.7823.0025.8945.3945.56
DPS6.507.508.005.651.008.306.977.3911.5311.89
Payout ratio0.260.240.250.281.320.260.300.290.250.26

WHEELS Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2017

Annual Report Unavailable

FY 2023

Annual Report Unavailable

FY 2024

Annual Report Unavailable

FY 2025

Annual Report Pending

Investor Presentation

May 20PDF
 

WHEELS Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryAuto Parts

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Wheels India Ltd16.652.181.53%
Samvardhana Motherson International Ltd38.393.700.52%
Bosch Ltd37.587.761.18%
Schaeffler India Ltd67.9211.950.69%

WHEELS Stock Price Comparison

Compare WHEELS with any stock or ETF
Compare WHEELS with any stock or ETF
WHEELS
Loading...

WHEELS Shareholdings

WHEELS Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

WHEELS Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

WHEELS Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding58.31%10.12%1.56%0.38%29.63%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

WHEELS Shareholding History

Dec '23MarJunSepDec '24Mar0.19%0.29%0.81%0.42%0.34%0.38%

Mutual Funds Invested in WHEELS

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 3 Mutual Funds holding Wheels India Ltd




Funds (Top 3)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
4.8629%0.59%0.04%51/66 (+1)
3.7868%0.41%0.02%122/232 (+3)
0.6309%0.16%0.01%80/82 (-2)

Compare 3-month MF holding change on Screener

WHEELS Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing WHEELS stock

Looks like this stock is not in any smallcase yet.

WHEELS Events

WHEELS Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

WHEELS has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.57%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹15.66 every year

Dividends

Corp. Actions

Announcements

Legal Orders

WHEELS Upcoming Dividends

No upcoming dividends are available

WHEELS Past Dividends

Cash Dividend

Ex DateEx DateFeb 3, 2025

Interim
Interim | Div/Share: ₹4.50

Dividend/Share

4.50

Ex DateEx Date

Feb 3, 2025

Cash Dividend

Ex DateEx DateJul 10, 2024

Final
Final | Div/Share: ₹7.39

Dividend/Share

7.39

Ex DateEx Date

Jul 10, 2024

Cash Dividend

Ex DateEx DateJul 12, 2023

Final
Final | Div/Share: ₹3.97

Dividend/Share

3.97

Ex DateEx Date

Jul 12, 2023

Cash Dividend

Ex DateEx DateFeb 14, 2023

Interim
Interim | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Feb 14, 2023

Cash Dividend

Ex DateEx DateJul 5, 2022

Final
Final | Div/Share: ₹8.30

Dividend/Share

8.30

Ex DateEx Date

Jul 5, 2022

WHEELS Stock News & Opinions

Corporate
Wheels India to hold AGM

Wheels India announced that the 66th Annual General Meeting(AGM) of the company will be held on 17 July 2025.Powered by Capital Market - Live

1 day agoCapital Market - Live
Earnings
Wheels India consolidated net profit declines 0.70% in the March 2025 quarter

Net profit of Wheels India declined 0.70% to Rs 38.24 crore in the quarter ended March 2025 as against Rs 38.51 crore during the previous quarter ended March 2024. Sales rose 0.45% to Rs 1277.19 crore in the quarter ended March 2025 as against Rs 1271.48 crore during the previous quarter ended March 2024. For the full year,net profit rose 76.68% to Rs 110.90 crore in the year ended March 2025 as against Rs 62.77 crore during the previous year ended March 2024. Sales declined 4.68% to Rs 4744.40 crore in the year ended March 2025 as against Rs 4977.30 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1277.191271.48 0 4744.404977.30 -5 OPM %8.097.66 -7.435.34 - PBDT75.5172.14 5 242.12159.76 52 PBT51.5650.29 3 148.9074.85 99 NP38.2438.51 -1 110.9062.77 77 Powered by Capital Market - Live

1 day agoCapital Market - Live
Corporate
Board of Wheels India recommends final dividend

Wheels India announced that the Board of Directors of the Company at its meeting held on 20 May 2025, inter alia, have recommended the final dividend of Rs 7.03 per equity Share (i.e. 70.3%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 days agoCapital Market - Live
Corporate
Wheels India to declare Quarterly Results

Wheels India will hold a meeting of the Board of Directors of the Company on 20 May 2025.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Wheels India edges lower for third day; down over 30% in six months

The stock has declined 2.72% in three sessions, from its recent closing high of Rs 609.05 recorded on 21 February 2025. In the last six months, the stock has corrected by 30.30% while the benchmark S&P BSE Sensex and the S&P BSE 500 index have corrected by 8.69% and 14.23%, respectively. In a regulatory filing made during market hours today, Wheels India informed that the credit rating agency ICRA has affirmed the company's long-term rating at '[ICRA] A' with 'stable' outlook. The agency has also affirmed the company's short-term rating at '[ICRA] A2+'. ICRA stated that the rating outstanding on the fixed deposits and bank facilities of Wheels India (WIL) considers the expected improvement in its overall credit profile over the near to medium term. The margins are expected to improve going forward aided by periodic price negotiations with customers, continued focus on cost optimisation, improvement of proportion of exports and better operating leverage. ICRA expects the debt protection metrics to improve over the near to medium term supported by the factors mentioned above and its healthy business profile marked by established position as one of the largest steel wheel rim manufacturers in India, and its diversified presence across segments, customers and products. The ratings remain supported by WIL's exceptional financial flexibility arising from its parentage. The company belongs to the T S Santhanam faction (TSF) of the larger TVS Group of Companies 'an established name in the domestic auto ancillary industry. The ratings, however, remain constrained by the company's moderate debt metrics and moderate operating margins, albeit improvement in YTD FY2025. Further, the company reported a YoY decline in consolidated operating income in YTD FY2025 crore impacted by demand slowdown in overseas markets. The slowdown in new vehicle registrations in FY2025 could result in some moderation in revenues for WIL in the near term. Its revenues are also exposed the inherent cyclicality of the domestic auto industry. Nevertheless, the company's established relationship with its customers, healthy order book, new customer additions, and increase in share of business with existing customers as part of vendor diversification initiatives by global OEMs mitigate the revenue risk to an extent and are likely to support healthy medium-term revenue prospects. Wheels India (WIL) is among the largest manufacturers of steel wheel rims in the country and is present across automotive (except 2W), tractor and earthmover segments. Further, WIL also manufactures air suspension systems for luxury buses in India, supplies fabricated and machined parts for windmills, and produces bogie frame and bogie bolsters for Indian Railways. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Wheels India receives ratings action from ICRA

Wheels India announced that ICRA has reaffirmed / assigned the credit rating ICRA A; Stable/ ICRA A2+ for various debt instruments of the company. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Wheels India consolidated net profit rises 147.43% in the December 2024 quarter

Net profit of Wheels India rose 147.43% to Rs 25.04 crore in the quarter ended December 2024 as against Rs 10.12 crore during the previous quarter ended December 2023. Sales declined 7.07% to Rs 1124.86 crore in the quarter ended December 2024 as against Rs 1210.41 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1124.861210.41 -7 OPM %7.574.97 - PBDT57.4732.10 79 PBT33.4210.76 211 NP25.0410.12 147 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Board of Wheels India recommends Interim Dividend

Wheels India announced that the Board of Directors of the Company at its meeting held on 27 January 2024, has recommended a 4.5dividend of Rs.0.25 per share (i.e.45%), subject to the approval of the shareholders.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
ICRA upgrades LT rating of Wheels India to 'A-' with 'stable' outlook

The agency has affirmed the company's short-term rating at '[ICRA] A2+'. ICRA said that the upgrade in long-term rating outstanding on the fixed deposits and bank facilities of Wheels India (WIL) considers the expected improvement in its overall credit profile over the near to medium term. WIL's operating profit margins improved to 7.0% in H1 FY2025, aided by price corrections, increase in proportion of margin-accretive products and cost optimisation measures such as efficiencies in procurement and production, fixed cost controls among others. This resulted in an improvement in debt metrics and interest coverage metrics compared to past levels. The margins are expected to improve going forward aided by supported by periodic price negotiations with customers, continued focus on cost optimisation, improvement of proportion of exports and better operating leverage. The ratings remain supported by WIL's exceptional financial flexibility arising from its parentage. The company belongs to the T S Santhanam faction (TSF) of the larger TVS Group of Companies 'an established name in the domestic auto ancillary industry. The ratings, however, remain constrained by the company's moderate debt metrics and moderate operating margins, albeit improvement in H1 FY2025. Further, the company reported a YoY decline in consolidated operating income in H1 FY2025 to Rs. 2,342.4 crore impacted by demand slowdown in overseas markets. The slowdown in new vehicle registrations in FY2025 could result in some moderation in revenues for WIL in the near term. Its revenues are also exposed the inherent cyclicality of the domestic auto industry. Nevertheless, the company's established relationship with its customers, healthy order book, new customer additions, and increase in share of business with existing customers as part of vendor diversification initiatives by global OEMs mitigate the revenue risk to an extent and are likely to support healthy medium-term revenue prospects. Wheels India (WIL) is among the largest manufacturers of steel wheel rims in the country and is present across automotive (except 2W), tractor and earthmover segments. Further, WIL also manufactures air suspension systems for luxury buses in India, supplies fabricated and machined parts for windmills, and produces bogie frame and bogie bolsters for Indian Railways. The scrip fell 2.94% to currently trade at Rs 666.10 on the BSE. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Wheels India receives upgrade in long term credit ratings

Wheels India has received upgrade in long term credit ratings at 'ICRA A; Stable' while short term credit rating is reaffirmed at 'ICRA A2+'. Powered by Capital Market - Live

3 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of Wheels India Ltd (WHEELS) today?

    The share price of WHEELS as on 22nd May 2025 is ₹755.90. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Wheels India Ltd (WHEELS) share?

    The past returns of Wheels India Ltd (WHEELS) share are
    • Past 1 week: 2.22%
    • Past 1 month: 9.14%
    • Past 3 months: 24.52%
    • Past 6 months: 8.70%
    • Past 1 year: 6.72%
    • Past 3 years: 20.72%
    • Past 5 years: 102.11%

  3. What are the peers or stocks similar to Wheels India Ltd (WHEELS)?
  4. What is the dividend yield % of Wheels India Ltd (WHEELS) share?

    The current dividend yield of Wheels India Ltd (WHEELS) is 1.53.

  5. What is the market cap of Wheels India Ltd (WHEELS) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Wheels India Ltd (WHEELS) is ₹1846.66 Cr as of 22nd May 2025.

  6. What is the 52 week high and low of Wheels India Ltd (WHEELS) share?

    The 52-week high of Wheels India Ltd (WHEELS) is ₹914.95 and the 52-week low is ₹543.60.

  7. What is the PE and PB ratio of Wheels India Ltd (WHEELS) stock?

    The P/E (price-to-earnings) ratio of Wheels India Ltd (WHEELS) is 16.65. The P/B (price-to-book) ratio is 2.18.

  8. Which sector does Wheels India Ltd (WHEELS) belong to?

    Wheels India Ltd (WHEELS) belongs to the Consumer Discretionary sector & Auto Parts sub-sector.

  9. How to buy Wheels India Ltd (WHEELS) shares?

    You can directly buy Wheels India Ltd (WHEELS) shares on Tickertape. Simply sign up, connect your demat account and place your order.