Wheels India Ltd

As part of this agreement, Topy Industries will provide technical knowhow and engineering support to enhance Wheels India's design and manufacturing capabilities for the cast aluminium wheel business. The company is currently in the process of expanding the annual capacity at its alloy wheels plant in Thervoi Kandigai to 7 lakh wheels per annum from the existing 5 lakh wheels per annum. This capacity expansion is expected to be completed by the end of the next quarter. Wheels India also plans to further ramp up capacity to 10 lakh wheels per annum next year and this expansion is expected to be completed by the end of FY27. Wheels India had forayed into the alloy wheel business in FY21 with a state -of- the-art facility at Thervoy Kandigai on the outskirts of Chennai. Initially focused on exports to the US and European aftermarket, the company has since turned its attention to the domestic market and has begun supplying alloy wheels to Indian OEMs such as Tata Motors and Stellantis. The company has also bagged new orders for its aluminium wheels business from Hyundai & Volkswagen and expects to commence supplies next year. Wheels India already has a JV with Topy for its steel wheels business through WIL Car Wheels having a 74% equity holding. This JV is focused on steel wheels for the Japanese OEMs in India. Srivats Ram, MD, Wheels India said, 'Topy Industries is an over 100 year old globally renowned wheel manufacturer. They are a leading manufacturer of aluminium wheels with evolved cutting-edge technologies. This agreement is expected to bring in considerable technical expertise in the aluminium wheel segment for Wheels India. We are confident that this agreement will also help us win new businesses and bolster our competitive advantage in the cast aluminium segment. Through this agreement, we are hoping to make fresh inroads into the Japanese OEMs in India in the alloy wheel segment.' Wheels India manufactures wheels for trucks, tractors, passenger vehicles and construction equipment, as well as air suspension systems and industrial components for the construction and windmill industries. It operates manufacturing plants across Tamil Nadu, Maharashtra, Uttar Pradesh and Uttarakhand. The company's consolidated net profit jumped 29.1% to Rs 30.99 crore on 7.4% increase in net sales to Rs 1,263.97 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

Wheels India has signed a Technical Assistance Agreement with Tokyo, Japan headquartered Topy Industries for the design, development and manufacture of aluminium alloy wheels.  As part of this agreement, Topy will provide technical knowhow and engineering support to enhance Wheels India's design and manufacturing capabilities for the cast aluminium wheel business. Wheels India had forayed into the alloy wheel business in FY21 with a state -of- the-art facility at Thervoy Kandigai in the outskirts of Chennai. Having started off initially by exporting alloy wheels to the US and European after-market, the company is now targeting the domestic market and has commenced supplies to Indian OEMs such as Tata Motors and Stellantis. The company has also bagged new orders for its aluminium wheels business from Hyundai & Volkswagen and expects to commence supplies next year. Wheels India is currently in the process of expanding the annual capacity at its alloy wheels plant in Thervoi Kandigai to 7 lakh wheels per annum from the existing 5 lakh wheels per annum. This capacity expansion is expected to be completed by the end of the next quarter. Buoyed by the prospects in the aluminium wheels segment, the company is planning to further expand its capacity to 10 lakh wheels per annum next year and this expansion is expected to be completed by the end of FY27. Wheels India already has a JV with Topy for its steel wheels business through WIL Car Wheels having a 74% equity holding. This JV is focused on steel wheels for the Japanese OEMs in India.Powered by Capital Market - Live

Net profit of Wheels India rose 29.13% to Rs 30.99 crore in the quarter ended September 2025 as against Rs 24.00 crore during the previous quarter ended September 2024. Sales rose 7.44% to Rs 1263.97 crore in the quarter ended September 2025 as against Rs 1176.47 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1263.971176.47 7 OPM %7.337.09 - PBDT69.7955.13 27 PBT42.3032.45 30 NP30.9924.00 29 Powered by Capital Market - Live

Wheels India will hold a meeting of the Board of Directors of the Company on 31 October 2025.Powered by Capital Market - Live

The company said hydraulic cylinders have been identified as a strategic growth area, and the agreement is expected to support expansion in this segment. Wheels India plans to leverage the partnership to access new global opportunities in the hydraulic cylinder industry. Managing director Srivats Ram said the business has potential to become an important growth driver for the company globally. He added that the collaboration with SHPAC, which has a long track record in hydraulic cylinders, would provide Wheels India with advanced technology to strengthen its position in the global hydraulic cylinder industry. Wheels India manufactures wheels for trucks, tractors, passenger vehicles and construction equipment, as well as air suspension systems and industrial components for the construction and windmill industries. It operates manufacturing plants across Tamil Nadu, Maharashtra, Uttar Pradesh and Uttarakhand. On a consolidated basis, net profit of Wheels India rose 26.61% to Rs 29.88 crore while net sales rose 8.54% to Rs 1265.50 crore in Q1 June 2025 over Q1 June 2024. Powered by Capital Market - Live

Net profit of Wheels India rose 26.61% to Rs 29.88 crore in the quarter ended June 2025 as against Rs 23.60 crore during the previous quarter ended June 2024. Sales rose 8.54% to Rs 1265.50 crore in the quarter ended June 2025 as against Rs 1165.88 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1265.501165.88 9 OPM %7.406.82 - PBDT67.4254.00 25 PBT40.9631.47 30 NP29.8823.60 27 Powered by Capital Market - Live

Wheels India will hold a meeting of the Board of Directors of the Company on 5 August 2025.Powered by Capital Market - Live

Wheels India has infused Euro 50,0000 towards the equity share capital of M/s. WIL Europe GmbH i.G. proposed to be incorporated in the name of 'WIL Europe GmbH', a wholly owned subsidiary of the company.Powered by Capital Market - Live

Securities in F&O Ban: Titagarh Rail Systems, Birlasoft and MCX shares are banned from F&O on 26 June 2025. Stocks to Watch: Wheels India's board approved to acquire 7,64,533 equity shares or 12.51% stake in Axles India from Forge 2000 for a total consideration of Rs 22.68 crore. Balaji Amines has received consent to operate the manufacture of ISOPROPYLAMINE (MIPA/ DIPA). Trial runs will be started and commencement of commercial production will take effect shortly. Ask Automotive's board granted approval for entering into a joint venture with T.D. Holding GMBH (TDH) for manufacturing, marketing and selling sunroof control cables and/or helix cables for passenger vehicles through a joint venture company. The company will own 49% of the shareholding in the JV Co remaining 51% stake will be owned by TDH CEAT's board approved raising unsecured non-convertible debentures (NCDs) for aggregate amount not exceeding Rs 500 crore in one or more tranches, on a private placement basis. Texmaco Rail & Engineering received an order worth Rs 535 crore which include manufacturing and supply of 560 open Top wagons and long term maintenance contract for 20 years. H.G. Infra Engineering has incorporated a wholly owned subsidiary company namely , H.G. Choraniya Bess, a special purpose vehicle (SPV) for setting up of standalone battery energy storage systems (BESS) in Gujarat under tariff-based competitive bidding (Phase-VI).Powered by Capital Market - Live

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