WHEELS

The stock has been placed in Additional Surveillance Measure (ASM) list LTASM - I (13).

Wheels India Ltd.

NSE: WHEELS

BSE: 590073

Sector: Automobile and Auto Components

Industry Group: Auto Components

Industry: Auto Components & Equipments

2,409.30+83.0 (+3.57%)

14 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

60.9 / 100

Value Score

44.4 / 100

Price Momentum Score

99.1 / 100

QVM Score

86.3 / 100

Key Metrics

Market Cap

6183.47

P/E (TTM)

37.83

P/B

5.94

P/S (TTM)

1.09

EV/EBITDA

16.12

CAPE (5Y)

59.55

ROE (TTM)

15.79

ROCE (TTM)

17.13

ROA (TTM)

4.62

Avg 3Y ROE

12.07

Earnings 3Y CAGR

40.74

Sales 3Y CAGR

6.39

Sales 5Y CAGR

14.22

Debt/Equity

0.74

Consensus TP

Strong Buy %

Promoter Holding

56.86

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Wheels India Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 99.1 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

99.1 / 100

High and improving ROE

The company reported strong ROE of 15.79% for 12-month ended 30 Jun 2026 and ROE improved by 320 bps from 1 year ago

What is ROE (FY)?

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 38.97% for 12-month ended 30 Jun 2026 and the growth was 21.09 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.74 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.06 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 84.7 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

84.7 / 100

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 37.83 indicates that the stock is expensive on a standalone basis and is at a 34.91% premium to industry median P/E

What is P/E Ratio?

Median: 28.04

Value 37.83

0.252795.02

Low but stable operating margin

The company reported low operating margin of 5.43% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -9 bps from 1 year ago

What is Operating profit margin?

Low dividend yield

The company has a low dividend yield of 0.6%

What is Dividend yield?

Neutral

Moderate revenue growth and in line with median growth of industry

The company delivered moderate revenue growth of 17.5% for 12-month ended 30 Jun 2026 and the growth was 0.71 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 16.79

Value 17.5

-80.5277

Financial Snapshot

See detailed analysis

Multi-year trends for Wheels India Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Wheels India Ltd. Shareholding Pattern

Quarterly breakdown of Wheels India Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Total Promoter	63.27	55.10	55.10	55.10	57.53	57.53	57.53	57.53	57.53	57.53	57.53	58.10	58.73	58.73	58.31	58.31	58.31	58.31	58.31	58.31	58.31	58.31	58.31	58.31	58.31	58.31	56.86
Indian Promoter	43.27	55.10	55.10	55.10	57.53	57.53	57.53	57.53	57.53	57.53	57.53	58.10	58.73	58.73	58.31	58.32	58.31	58.31	58.31	58.31	58.31	58.31	58.31	58.31	58.31	58.31	56.86
Foreign Promoter	20.00	0.00	-	0.00	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	18.78	18.56	23.50	25.94	23.14	21.43	20.09	20.15	20.20	20.28	20.38	20.42	20.44	20.24	19.07	18.51	13.42	12.97	12.41	12.02	12.06	12.21	11.76	10.99	10.79	8.37	9.80
Mutual Funds / UTI	16.86	16.64	21.59	21.40	21.42	19.70	18.27	18.24	18.29	18.31	18.34	18.37	18.37	17.55	17.20	16.70	11.51	10.30	10.19	10.12	10.12	10.08	9.52	9.04	8.90	5.70	4.41
FI/Bank/Insurance	1.47	1.46	1.46	4.08	1.65	1.65	1.65	1.65	1.65	1.65	1.65	1.65	1.65	1.65	1.62	1.62	1.62	1.62	1.56	1.56	1.56	1.56	1.15	0.67	0.56	0.50	0.45
Govt	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.06	0.06	0.06	0.06	0.07	0.08	0.18	0.27	0.27	0.33	0.40	0.40	0.42	0.21	0.26	0.19	0.29	0.81	0.41	0.34	0.39	0.57	1.09	1.17	1.15	1.98	2.58
Other Institutions	0.39	0.39	0.39	0.39	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.83	0.00	0.00	0.00	0.25	0.25	0.00	0.00	0.01	0.01	0.11	0.17	0.19	2.37
Non-Institution	17.95	26.34	21.40	18.97	19.34	21.05	22.38	22.32	22.27	22.19	22.09	21.48	20.83	21.04	22.61	23.18	28.27	28.72	29.28	29.67	29.63	29.48	29.93	30.70	30.91	33.32	33.34
Bodies Corporate	6.85	9.37	9.24	6.52	6.46	6.73	6.62	6.61	6.67	6.90	6.76	6.01	5.36	5.47	6.05	5.98	7.18	7.28	7.02	6.91	6.73	6.36	6.59	6.82	6.66	6.83	6.28
Others (incl. Retail) No. of shareholders	11.10 10,801	16.97 11,831	12.16 12,900	12.45 12,915	12.88 13,578	14.32 14,145	15.76 15,587	15.71 16,202	15.60 16,081	15.29 16,058	15.33 15,646	15.47 15,520	15.47 15,462	15.57 15,220	16.56 16,093	17.20 16,632	21.09 20,233	21.44 21,024	22.26 22,478	22.76 22,988	22.90 23,456	23.12 22,671	23.34 22,346	23.88 22,422	24.25 22,431	26.49 28,982	27.06 32,073

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

Wheels India Ltd. is not part of any tracked index.

Prominent Investor Holdings

Hitesh Satishchandra Doshi

Sep 2026

1.16%

₹ 75 Cr

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Wheels India Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Trichur Sundaram Santhanam & Family Pvt Ltd Promoter	February-2023	Market (Acquisition) 27th Feb 2023	29.69 %	₹ 508.07	1.51 lac	₹ 7.66 cr
India Motor Parts & Accessories Ltd Promoter Group	March-2021	Block Deal (Acquisition) 24th Mar 2021	-	₹ 446.50	5.85 lac	₹ 26.10 cr

Corporate Actions

History of Wheels India Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 9.14/share
Record date: 24th Jun 2026Ex-date: 24th Jun 2026
Announced on: 15th May 2026
Dividend₹ 5.30/share
Record date: 5th Feb 2026Ex-date: 5th Feb 2026
Announced on: 29th Jan 2026
Dividend₹ 7.03/share
Record date: 10th Jul 2025Ex-date: 10th Jul 2025
Announced on: 20th May 2025
Dividend₹ 4.50/share
Record date: 3rd Feb 2025Ex-date: 3rd Feb 2025
Announced on: 27th Jan 2025
Dividend₹ 7.39/share
Record date: 10th Jul 2024Ex-date: 10th Jul 2024
Announced on: 20th May 2024

Company Profile

Overview of Wheels India Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Wheels India Limited is an India-based manufacturer of steel, aluminum and wire wheels. The Company is a supplier of wheels to manufacturers of commercial vehicles, passenger vehicles, agricultural tractors and construction equipment. Its segments include Automotive Components and Industrial Compone...

Key personnel

Mr. P. Ramesh

Chief Financial Officer

Ms. Kunissery Viswanathan Lakshmi

Compliance Officer, Company Secretary

Mr. Srivats RamD

Managing Director, Executive Director

Mr. Harsha VijiD

Additional Non-Executive Non-Independent Director

Mr. Santhanam VijiD

Non-Executive Director

Ms. Sumithra GomatamD

Independent Non-Executive Director

Dr. Rishikesha Thiruvenkata KrishnanD

Independent Non-Executive Director

Mr. M. P. Vijay KumarD

Independent Non-Executive Director

View all

Incorporated on

13 Jun 1960

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

2,735

IPO date

03 Jan 1995

Free Float

1,14,90,468

Website

https://wheelsindia.com/

Phone no.

+914426234311

Address

PO Box No. 50, MTH Road, Padi, CHENNAI, 600050, India

Frequently Asked Questions

What is the current share price of Wheels India Ltd.?

The current share price of Wheels India Ltd. is ₹ 2,409.30 as of 14 Oct 2026.

What is the market capitalisation of Wheels India Ltd.?

The market capitalisation of Wheels India Ltd. stands at ₹ 6,183.47 Cr.

What is the PE ratio of Wheels India Ltd.?

The Price-to-Earnings (PE) ratio of Wheels India Ltd. is 37.83 as of the latest trailing twelve months data.

What is the ROE and ROCE of Wheels India Ltd.?

Wheels India Ltd. has a Return on Equity (ROE) of 15.79% and a Return on Capital Employed (ROCE) of 17.13% as per the latest financial reports.

What is the 52-week high and low of Wheels India Ltd.?

The 52-week high of Wheels India Ltd. is - and the 52-week low is -.

What is the dividend yield of Wheels India Ltd.?

The dividend yield of Wheels India Ltd. is 0.60% based on the current market price.

What is the FII and DII holding in Wheels India Ltd.?

Foreign Institutional Investors (FII) hold 2.58%, Domestic Institutional Investors (DII) hold 4.86% and retail/public investors hold 27.06% of Wheels India Ltd. shares.

What sector does Wheels India Ltd. belong to?

Wheels India Ltd. operates in the Automobile and Auto Components sector.

What is the beta of Wheels India Ltd.?

The beta of Wheels India Ltd. is 0.83, indicating its price volatility relative to the broader market. Over the past 1 year, Wheels India Ltd. has delivered an absolute return of 173.74%.

What is the RSI of Wheels India Ltd.?

The 14-day Relative Strength Index (RSI) of Wheels India Ltd. is 68.13, placing it approaching overbought territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Wheels India Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Wheels India Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile

Holdings and Presence