Wheels India Ltd.
•₹ 1,512.81.95%
2026-08-21
PROS
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.67x)
- Company has delivered good sales growth of 17.8% CAGR over last 5 years
- Latest quarter profit grew 27.3% YoY, showing strong momentum
- Working capital cycle has improved - days down from -10 to -17
- Company has a consistent dividend-paying track record
CONS
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | MOTHERSON | 170.35 | 41.05 | 179794.93 | 0.35 | 1075.66 | 77.48 | 35243.77 | 17.70 | 13.63 | 8.86 |
| 2. | BOSCHLTD | 48360.00 | 60.36 | 142643.14 | 0.56 | 706.10 | -36.74 | 5841.90 | 22.00 | 25.60 | 14.08 |
| 3. | UNOMINDA | 1275.00 | 61.24 | 73627.07 | 0.21 | 315.51 | 2.10 | 5556.85 | 23.79 | 20.74 | 11.14 |
| 4. | TIINDIA | 2936.45 | 93.72 | 56841.54 | 0.12 | 293.96 | -3.04 | 6215.33 | 20.20 | 27.33 | 8.81 |
| 5. | SONACOMS | 823.00 | 73.78 | 51346.20 | 0.41 | 178.51 | 46.67 | 1301.20 | 52.38 | 14.75 | 22.55 |
| 6. | ENDURANCE | 2987.10 | 43.32 | 42017.40 | 0.39 | 244.52 | 8.03 | 4314.89 | 30.01 | 18.33 | 12.42 |
| 7. | ZFCVINDIA | 2617.15 | 59.66 | 29784.61 | 0.03 | 1044.78 | 753.75 | 10661.76 | 992.89 | 20.23 | 12.93 |
| 8. | CRAFTSMAN | 10778.15 | 60.63 | 28189.64 | 0.10 | 150.55 | 116.31 | 2431.58 | 36.30 | 14.65 | 15.81 |
| 9. | MSUMI | 39.27 | 0.00 | 26042.54 | 1.48 | 1453.20 | 915.51 | 34072.60 | 1273.43 | 43.72 | 7.58 |
| 10. | GABRIEL | 1438.55 | 85.65 | 25495.42 | 0.35 | 1081.26 | 925.35 | 14256.83 | 1055.00 | 26.37 | 11.71 |
| 11. | SANSERA | 3894.75 | 69.76 | 24304.63 | 0.10 | 87.36 | 38.71 | 1021.26 | 33.27 | 13.97 | 19.18 |
| 12. | WHEELS | 1463.60 | 21.88 | 3576.02 | 0.99 | 38.94 | 27.30 | 1491.00 | 17.82 | 19.47 | 7.68 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,212 | 1,284 | 1,210 | 1,271 | 1,166 | 1,176 | 1,125 | 1,277 | 1,266 | 1,264 | 1,371 | 1,564 | 1,491 | |
| 1,153 | 1,236 | 1,150 | 1,174 | 1,086 | 1,093 | 1,040 | 1,174 | 1,172 | 1,171 | 1,271 | 1,438 | 1,441 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 4 | 1 | 3 | 2 | 1 | 2 | 1 | 3 | 5 | 6 | 9 | 2 |
| Interest | 31 | 30 | 30 | 31 | 29 | 31 | 31 | 30 | 31 | 30 | 30 | 29 | 29 |
| Depreciation | 20 | 21 | 21 | 22 | 23 | 23 | 24 | 24 | 26 | 27 | 29 | 32 | 33 |
| 9 | 0 | 9 | 48 | 29 | 31 | 32 | 50 | 40 | 40 | 47 | 74 | 55 | |
| Tax % | 24.92% | -85.37% | 21.80% | 25.09% | 26.24% | 25.84% | 24.82% | 26.10% | 26.21% | 26.24% | 24.81% | 25.02% | 28.92% |
| Net Profit | 0 | 0 | 0 | 0 | 24 | 24 | 25 | 39 | 31 | 32 | 37 | 59 | 39 |
| 4 | 2 | 4 | 16 | 10 | 10 | 10 | 16 | 12 | 13 | 15 | 24 | 2 | |
| Equity Capital | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,212
- 1,153
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 31
- Depreciation
- 20
- 9
- Tax %
- 24.92%
- Net Profit
- 0
- 4
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,284
- 1,236
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 30
- Depreciation
- 21
- 0
- Tax %
- -85.37%
- Net Profit
- 0
- 2
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,210
- 1,150
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 30
- Depreciation
- 21
- 9
- Tax %
- 21.80%
- Net Profit
- 0
- 4
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,271
- 1,174
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 31
- Depreciation
- 22
- 48
- Tax %
- 25.09%
- Net Profit
- 0
- 16
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,166
- 1,086
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 29
- Depreciation
- 23
- 29
- Tax %
- 26.24%
- Net Profit
- 24
- 10
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,176
- 1,093
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 31
- Depreciation
- 23
- 31
- Tax %
- 25.84%
- Net Profit
- 24
- 10
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,125
- 1,040
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 31
- Depreciation
- 24
- 32
- Tax %
- 24.82%
- Net Profit
- 25
- 10
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,277
- 1,174
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 30
- Depreciation
- 24
- 50
- Tax %
- 26.10%
- Net Profit
- 39
- 16
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,266
- 1,172
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 31
- Depreciation
- 26
- 40
- Tax %
- 26.21%
- Net Profit
- 31
- 12
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,264
- 1,171
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 30
- Depreciation
- 27
- 40
- Tax %
- 26.24%
- Net Profit
- 32
- 13
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,371
- 1,271
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 30
- Depreciation
- 29
- 47
- Tax %
- 24.81%
- Net Profit
- 37
- 15
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,564
- 1,438
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 29
- Depreciation
- 32
- 74
- Tax %
- 25.02%
- Net Profit
- 59
- 24
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,491
- 1,441
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 29
- Depreciation
- 33
- 55
- Tax %
- 28.92%
- Net Profit
- 39
- 2
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,173 | 2,563 | 3,441 | 2,672 | 2,413 | 3,966 | 4,640 | 4,977 | 4,744 | 5,465 | 5,690 | |
| 1,987 | 2,364 | 3,196 | 2,500 | 2,270 | 3,712 | 4,420 | 4,711 | 4,392 | 5,052 | 5,321 | |
| Operating Profit | 189 | 207 | 251 | 180 | 145 | 267 | 242 | 274 | 357 | 436 | — |
| OPM % | 9 | 8 | 7 | 7 | 6 | 7 | 5 | 6 | 8 | 8 | — |
| Other Income | 3 | 8 | 6 | 8 | 2 | 12 | 21 | 8 | 5 | 23 | 21 |
| Interest | 48 | 45 | 66 | 67 | 59 | 71 | 106 | 122 | 122 | 120 | 118 |
| Depreciation | 64 | 70 | 79 | 78 | 86 | 101 | 74 | 85 | 93 | 115 | 122 |
| 78 | 106 | 108 | 36 | 1 | 98 | 66 | 75 | 149 | 209 | 216 | |
| Tax % | 24 | 29 | 30 | -33 | 85 | 24 | 22 | 21 | 25 | 24 | 26 |
| Net Profit | 59 | 75 | 76 | 47 | 0 | 74 | 51 | 59 | 112 | 158 | 159 |
| EPS | 49 | 31 | 32 | 20 | 1 | 32 | 23 | 26 | 45 | 63 | — |
| Dividend Payout % | 26 | 24 | 25 | 28 | 132 | 26 | 30 | 29 | 25 | 23 | — |
| Minority Interest | 0 | -0 | 0 | 2 | 2 | 2 | 4 | 4 | -1 | -3 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| Adjusted EPS | 25 | 31 | 32 | 20 | 1 | 32 | 23 | 26 | 45 | 63 | — |
| Minority Interest | 0 | -0 | 0 | 2 | 2 | 2 | 4 | 4 | -1 | -3 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| Adjusted EPS | 25 | 31 | 32 | 20 | 1 | 32 | 23 | 26 | 45 | 63 | — |
Mar 2017
- 2,173
- 1,987
- Operating Profit
- 189
- OPM %
- 9
- Other Income
- 3
- Interest
- 48
- Depreciation
- 64
- 78
- Tax %
- 24
- Net Profit
- 59
- EPS
- 49
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
Mar 2018
- 2,563
- 2,364
- Operating Profit
- 207
- OPM %
- 8
- Other Income
- 8
- Interest
- 45
- Depreciation
- 70
- 106
- Tax %
- 29
- Net Profit
- 75
- EPS
- 31
- Dividend Payout %
- 24
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 31
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 31
Mar 2019
- 3,441
- 3,196
- Operating Profit
- 251
- OPM %
- 7
- Other Income
- 6
- Interest
- 66
- Depreciation
- 79
- 108
- Tax %
- 30
- Net Profit
- 76
- EPS
- 32
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 32
Mar 2020
- 2,672
- 2,500
- Operating Profit
- 180
- OPM %
- 7
- Other Income
- 8
- Interest
- 67
- Depreciation
- 78
- 36
- Tax %
- -33
- Net Profit
- 47
- EPS
- 20
- Dividend Payout %
- 28
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 20
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 20
Mar 2021
- 2,413
- 2,270
- Operating Profit
- 145
- OPM %
- 6
- Other Income
- 2
- Interest
- 59
- Depreciation
- 86
- 1
- Tax %
- 85
- Net Profit
- 0
- EPS
- 1
- Dividend Payout %
- 132
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 3,966
- 3,712
- Operating Profit
- 267
- OPM %
- 7
- Other Income
- 12
- Interest
- 71
- Depreciation
- 101
- 98
- Tax %
- 24
- Net Profit
- 74
- EPS
- 32
- Dividend Payout %
- 26
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 32
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 32
Mar 2023
- 4,640
- 4,420
- Operating Profit
- 242
- OPM %
- 5
- Other Income
- 21
- Interest
- 106
- Depreciation
- 74
- 66
- Tax %
- 22
- Net Profit
- 51
- EPS
- 23
- Dividend Payout %
- 30
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2024
- 4,977
- 4,711
- Operating Profit
- 274
- OPM %
- 6
- Other Income
- 8
- Interest
- 122
- Depreciation
- 85
- 75
- Tax %
- 21
- Net Profit
- 59
- EPS
- 26
- Dividend Payout %
- 29
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2025
- 4,744
- 4,392
- Operating Profit
- 357
- OPM %
- 8
- Other Income
- 5
- Interest
- 122
- Depreciation
- 93
- 149
- Tax %
- 25
- Net Profit
- 112
- EPS
- 45
- Dividend Payout %
- 25
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 45
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 45
Mar 2026
- 5,465
- 5,052
- Operating Profit
- 436
- OPM %
- 8
- Other Income
- 23
- Interest
- 120
- Depreciation
- 115
- 209
- Tax %
- 24
- Net Profit
- 158
- EPS
- 63
- Dividend Payout %
- 23
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 63
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 63
TTM
- 5,690
- 5,321
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 118
- Depreciation
- 122
- 216
- Tax %
- 26
- Net Profit
- 159
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 1
- Share of Associates
- 10
- Adjusted EPS
- —
- Minority Interest
- 1
- Share of Associates
- 10
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 11%
- 5 Years:
- 18%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 14%
- 5 Years:
- 143%
- 3 Years:
- 41%
STOCK PRICE CAGR
- 10 Years:
- 9%
- 5 Years:
- 13%
- 3 Years:
- 27%
- 1 Year:
- 101%
RETURN ON EQUITY
- 10 Years:
- 10%
- 5 Years:
- 11%
- 3 Years:
- 12%
- Last Year:
- 16%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 12 | 12 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
| 457 | 575 | 616 | 640 | 637 | 710 | 731 | 815 | 898 | 1,017 | |
| 146 | 158 | 222 | 228 | 235 | 444 | 433 | 412 | 292 | 291 | |
| Trade Payables | 422 | 492 | 645 | 505 | 897 | 1,084 | 1,155 | 1,197 | 1,221 | 1,338 |
| 334 | 435 | 605 | 671 | 684 | 712 | 704 | 655 | 754 | 844 | |
| Total Liabilities | 1,370 | 1,672 | 2,112 | 2,068 | 2,476 | 2,974 | 3,048 | 3,104 | 3,189 | 3,514 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 526 | 557 | 710 | 753 | 883 | 903 | 1,060 | 1,149 | 1,295 | 1,506 | |
| Capital Work in Progress | 22 | 65 | 65 | 198 | 114 | 126 | 114 | 77 | 50 | 69 |
| 19 | 21 | 23 | 23 | 23 | 24 | 22 | 32 | 46 | 78 | |
| 279 | 374 | 435 | 412 | 548 | 800 | 884 | 882 | 769 | 746 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 726 | 801 | 818 | |
| Cash & Bank | 9 | 10 | 9 | 6 | 3 | 4 | 5 | 5 | 5 | 4 |
| 515 | 644 | 869 | 676 | 905 | 1,117 | 962 | 231 | 223 | 293 | |
| Total Assets | 1,370 | 1,672 | 2,112 | 2,068 | 2,476 | 2,974 | 3,048 | 3,104 | 3,189 | 3,514 |
| Total Debt | 369 | 359 | 495 | 640 | 677 | 849 | 798 | 759 | 725 | 690 |
| Net Working Capital | 70 | 132 | 95 | 19 | 36 | -23 | -160 | -111 | -134 | -259 |
| Contingent Liabilities | 137 | 112 | 60 | 44 | 45 | 9 | 6 | 11 | 33 | 49 |
| Book Value per Share | 389.60 | 487.63 | 266.14 | 275.86 | 274.60 | 304.94 | 313.79 | 343.74 | 377.40 | 426.30 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 369 | 359 | 495 | 640 | 677 | 849 | 798 | 759 | 725 | 690 |
| Net Working Capital | 70 | 132 | 95 | 19 | 36 | -23 | -160 | -111 | -134 | -259 |
| Contingent Liabilities | 137 | 112 | 60 | 44 | 45 | 9 | 6 | 11 | 33 | 49 |
| Book Value per Share | 389.60 | 487.63 | 266.14 | 275.86 | 274.60 | 304.94 | 313.79 | 343.74 | 377.40 | 426.30 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 12
- 457
- 146
- Trade Payables
- 422
- 334
- Total Liabilities
- 1,370
- 526
- Capital Work in Progress
- 22
- 19
- 279
- 0
- Cash & Bank
- 9
- 515
- Total Assets
- 1,370
- Total Debt
- 369
- Net Working Capital
- 70
- Contingent Liabilities
- 137
- Book Value per Share
- 389.60
- Face Value
- 10.00
- Total Debt
- 369
- Net Working Capital
- 70
- Contingent Liabilities
- 137
- Book Value per Share
- 389.60
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 12
- 575
- 158
- Trade Payables
- 492
- 435
- Total Liabilities
- 1,672
- 557
- Capital Work in Progress
- 65
- 21
- 374
- 0
- Cash & Bank
- 10
- 644
- Total Assets
- 1,672
- Total Debt
- 359
- Net Working Capital
- 132
- Contingent Liabilities
- 112
- Book Value per Share
- 487.63
- Face Value
- 10.00
- Total Debt
- 359
- Net Working Capital
- 132
- Contingent Liabilities
- 112
- Book Value per Share
- 487.63
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 24
- 616
- 222
- Trade Payables
- 645
- 605
- Total Liabilities
- 2,112
- 710
- Capital Work in Progress
- 65
- 23
- 435
- 0
- Cash & Bank
- 9
- 869
- Total Assets
- 2,112
- Total Debt
- 495
- Net Working Capital
- 95
- Contingent Liabilities
- 60
- Book Value per Share
- 266.14
- Face Value
- 10.00
- Total Debt
- 495
- Net Working Capital
- 95
- Contingent Liabilities
- 60
- Book Value per Share
- 266.14
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 24
- 640
- 228
- Trade Payables
- 505
- 671
- Total Liabilities
- 2,068
- 753
- Capital Work in Progress
- 198
- 23
- 412
- 0
- Cash & Bank
- 6
- 676
- Total Assets
- 2,068
- Total Debt
- 640
- Net Working Capital
- 19
- Contingent Liabilities
- 44
- Book Value per Share
- 275.86
- Face Value
- 10.00
- Total Debt
- 640
- Net Working Capital
- 19
- Contingent Liabilities
- 44
- Book Value per Share
- 275.86
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 24
- 637
- 235
- Trade Payables
- 897
- 684
- Total Liabilities
- 2,476
- 883
- Capital Work in Progress
- 114
- 23
- 548
- 0
- Cash & Bank
- 3
- 905
- Total Assets
- 2,476
- Total Debt
- 677
- Net Working Capital
- 36
- Contingent Liabilities
- 45
- Book Value per Share
- 274.60
- Face Value
- 10.00
- Total Debt
- 677
- Net Working Capital
- 36
- Contingent Liabilities
- 45
- Book Value per Share
- 274.60
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 24
- 710
- 444
- Trade Payables
- 1,084
- 712
- Total Liabilities
- 2,974
- 903
- Capital Work in Progress
- 126
- 24
- 800
- 0
- Cash & Bank
- 4
- 1,117
- Total Assets
- 2,974
- Total Debt
- 849
- Net Working Capital
- -23
- Contingent Liabilities
- 9
- Book Value per Share
- 304.94
- Face Value
- 10.00
- Total Debt
- 849
- Net Working Capital
- -23
- Contingent Liabilities
- 9
- Book Value per Share
- 304.94
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 24
- 731
- 433
- Trade Payables
- 1,155
- 704
- Total Liabilities
- 3,048
- 1,060
- Capital Work in Progress
- 114
- 22
- 884
- 0
- Cash & Bank
- 5
- 962
- Total Assets
- 3,048
- Total Debt
- 798
- Net Working Capital
- -160
- Contingent Liabilities
- 6
- Book Value per Share
- 313.79
- Face Value
- 10.00
- Total Debt
- 798
- Net Working Capital
- -160
- Contingent Liabilities
- 6
- Book Value per Share
- 313.79
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 24
- 815
- 412
- Trade Payables
- 1,197
- 655
- Total Liabilities
- 3,104
- 1,149
- Capital Work in Progress
- 77
- 32
- 882
- 726
- Cash & Bank
- 5
- 231
- Total Assets
- 3,104
- Total Debt
- 759
- Net Working Capital
- -111
- Contingent Liabilities
- 11
- Book Value per Share
- 343.74
- Face Value
- 10.00
- Total Debt
- 759
- Net Working Capital
- -111
- Contingent Liabilities
- 11
- Book Value per Share
- 343.74
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 24
- 898
- 292
- Trade Payables
- 1,221
- 754
- Total Liabilities
- 3,189
- 1,295
- Capital Work in Progress
- 50
- 46
- 769
- 801
- Cash & Bank
- 5
- 223
- Total Assets
- 3,189
- Total Debt
- 725
- Net Working Capital
- -134
- Contingent Liabilities
- 33
- Book Value per Share
- 377.40
- Face Value
- 10.00
- Total Debt
- 725
- Net Working Capital
- -134
- Contingent Liabilities
- 33
- Book Value per Share
- 377.40
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 24
- 1,017
- 291
- Trade Payables
- 1,338
- 844
- Total Liabilities
- 3,514
- 1,506
- Capital Work in Progress
- 69
- 78
- 746
- 818
- Cash & Bank
- 4
- 293
- Total Assets
- 3,514
- Total Debt
- 690
- Net Working Capital
- -259
- Contingent Liabilities
- 49
- Book Value per Share
- 426.30
- Face Value
- 10.00
- Total Debt
- 690
- Net Working Capital
- -259
- Contingent Liabilities
- 49
- Book Value per Share
- 426.30
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 155 | 131 | 184 | 184 | 148 | 28 | 370 | 329 | 400 | 477 | |
| Cash from Investing | -75 | -135 | -230 | -242 | -118 | -120 | -152 | -150 | -213 | -292 |
| Cash from Financing | -75 | 9 | 38 | 70 | -31 | 84 | -216 | -146 | -188 | -175 |
| 5 | 5 | -9 | 12 | -0 | -9 | 3 | 34 | -0 | 11 | |
| Free Cash Flow | 92 | 74 | -39 | -65 | 20 | -80 | 153 | 197 | 217 | 182 |
| OCF / Net Profit | 2.62 | 1.74 | 2.41 | 3.88 | 1235.00 | 0.37 | 7.20 | 5.59 | 3.57 | 3.02 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 82 | -90 | -11 | 225 | 508 | 669 |
| OCF / Net Profit | 2.62 | 1.74 | 2.41 | 3.88 | 1235.00 | 0.37 | 7.20 | 5.59 | 3.57 | 3.02 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 82 | -90 | -11 | 225 | 508 | 669 |
Mar 2017
- 155
- Cash from Investing
- -75
- Cash from Financing
- -75
- 5
- Free Cash Flow
- 92
- OCF / Net Profit
- 2.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.62
- Cumulative 5-Year FCF
- 0
Mar 2018
- 131
- Cash from Investing
- -135
- Cash from Financing
- 9
- 5
- Free Cash Flow
- 74
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 0
Mar 2019
- 184
- Cash from Investing
- -230
- Cash from Financing
- 38
- -9
- Free Cash Flow
- -39
- OCF / Net Profit
- 2.41
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.41
- Cumulative 5-Year FCF
- 0
Mar 2020
- 184
- Cash from Investing
- -242
- Cash from Financing
- 70
- 12
- Free Cash Flow
- -65
- OCF / Net Profit
- 3.88
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.88
- Cumulative 5-Year FCF
- 0
Mar 2021
- 148
- Cash from Investing
- -118
- Cash from Financing
- -31
- -0
- Free Cash Flow
- 20
- OCF / Net Profit
- 1235.00
- Cumulative 5-Year FCF
- 82
- OCF / Net Profit
- 1235.00
- Cumulative 5-Year FCF
- 82
Mar 2022
- 28
- Cash from Investing
- -120
- Cash from Financing
- 84
- -9
- Free Cash Flow
- -80
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- -90
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- -90
Mar 2023
- 370
- Cash from Investing
- -152
- Cash from Financing
- -216
- 3
- Free Cash Flow
- 153
- OCF / Net Profit
- 7.20
- Cumulative 5-Year FCF
- -11
- OCF / Net Profit
- 7.20
- Cumulative 5-Year FCF
- -11
Mar 2024
- 329
- Cash from Investing
- -150
- Cash from Financing
- -146
- 34
- Free Cash Flow
- 197
- OCF / Net Profit
- 5.59
- Cumulative 5-Year FCF
- 225
- OCF / Net Profit
- 5.59
- Cumulative 5-Year FCF
- 225
Mar 2025
- 400
- Cash from Investing
- -213
- Cash from Financing
- -188
- -0
- Free Cash Flow
- 217
- OCF / Net Profit
- 3.57
- Cumulative 5-Year FCF
- 508
- OCF / Net Profit
- 3.57
- Cumulative 5-Year FCF
- 508
Mar 2026
- 477
- Cash from Investing
- -292
- Cash from Financing
- -175
- 11
- Free Cash Flow
- 182
- OCF / Net Profit
- 3.02
- Cumulative 5-Year FCF
- 669
- OCF / Net Profit
- 3.02
- Cumulative 5-Year FCF
- 669
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 49.24 | 62.41 | 31.80 | 20.39 | 0.76 | 31.78 | 23.00 | 25.69 | 45.40 | 63.45 |
| Book Value (₹) | 389.60 | 487.63 | 266.14 | 275.86 | 274.60 | 304.94 | 313.79 | 343.74 | 377.40 | 426.30 |
| Dividend per Share (₹) | 13.00 | 15.00 | 8.00 | 5.65 | 1.00 | 8.30 | 6.97 | 7.39 | 11.53 | 14.44 |
| Cash EPS (₹) | 51.19 | 60.66 | 64.34 | 52.05 | 35.63 | 72.79 | 52.29 | 58.87 | 84.08 | 111.88 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 8.06% | 7.92% | 7.29% | 6.74% | 6.02% | 6.73% | 5.21% | 5.34% | 7.43% | 7.55% |
| Net Margin % | 2.53% | 2.89% | 2.21% | 1.77% | 0.00% | 1.87% | 1.11% | 1.18% | 2.36% | 2.89% |
| ROE % | 13.42% | 14.31% | 12.41% | 7.26% | 0.02% | 10.64% | 6.91% | 7.39% | 12.74% | 16.10% |
| ROCE % | 15.37% | 16.92% | 16.74% | 8.37% | 4.52% | 11.59% | 10.89% | 12.41% | 16.67% | 19.47% |
| 4.44% | 4.96% | 4.03% | 2.26% | 0.01% | 2.72% | 1.71% | 1.91% | 3.57% | 4.72% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 61 | 64 | 57 | 72 | 92 | 75 | 65 | 55 | 59 | 54 |
| Inventory Days | 45 | 46 | 43 | 58 | 73 | 62 | 66 | 65 | 64 | 51 |
| Payable Days | 101 | 95 | 86 | 113 | 153 | 125 | 120 | 119 | 133 | 125 |
| 5 | 15 | 14 | 17 | 12 | 13 | 11 | 1 | -11 | -20 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.79x | 0.61x | 0.77x | 0.96x | 1.02x | 1.16x | 1.06x | 0.90x | 0.79x | 0.66x |
| Interest Coverage (x) | 2.61x | 3.36x | 2.64x | 1.53x | 1.01x | 2.37x | 1.62x | 1.61x | 2.22x | 2.75x |
| 1.10x | 1.15x | 1.08x | 1.02x | 1.03x | 0.99x | 0.92x | 0.94x | 0.93x | 0.87x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 9.34% | 17.94% | 34.29% | -22.37% | -9.67% | 64.35% | 16.99% | 7.26% | -4.68% | 15.19% |
| Operating Profit Growth % | 8.34% | 9.38% | 21.46% | -28.29% | -19.24% | 83.70% | -9.50% | 13.41% | 30.32% | 21.97% |
| Net Profit Growth % | 48.14% | 27.43% | 0.87% | -36.33% | -99.75% | 0.00% | -30.67% | 14.52% | 90.48% | 40.88% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 11.69% | 76.68% | 39.77% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 23.25x | 12.79x | 15.71x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.74x | 1.54x | 2.34x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.24% | 1.99% | 1.45% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.08x | 5.99x | 7.16x |
Mar 2017
- EPS (₹)
- 49.24
- Book Value (₹)
- 389.60
- Dividend per Share (₹)
- 13.00
- Cash EPS (₹)
- 51.19
- Operating Margin %
- 8.06%
- Net Margin %
- 2.53%
- ROE %
- 13.42%
- ROCE %
- 15.37%
- 4.44%
- Debtor Days
- 61
- Inventory Days
- 45
- Payable Days
- 101
- 5
- Debt to Equity (x)
- 0.79x
- Interest Coverage (x)
- 2.61x
- 1.10x
- Revenue Growth %
- 9.34%
- Operating Profit Growth %
- 8.34%
- Net Profit Growth %
- 48.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 62.41
- Book Value (₹)
- 487.63
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 60.66
- Operating Margin %
- 7.92%
- Net Margin %
- 2.89%
- ROE %
- 14.31%
- ROCE %
- 16.92%
- 4.96%
- Debtor Days
- 64
- Inventory Days
- 46
- Payable Days
- 95
- 15
- Debt to Equity (x)
- 0.61x
- Interest Coverage (x)
- 3.36x
- 1.15x
- Revenue Growth %
- 17.94%
- Operating Profit Growth %
- 9.38%
- Net Profit Growth %
- 27.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 31.80
- Book Value (₹)
- 266.14
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 64.34
- Operating Margin %
- 7.29%
- Net Margin %
- 2.21%
- ROE %
- 12.41%
- ROCE %
- 16.74%
- 4.03%
- Debtor Days
- 57
- Inventory Days
- 43
- Payable Days
- 86
- 14
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 2.64x
- 1.08x
- Revenue Growth %
- 34.29%
- Operating Profit Growth %
- 21.46%
- Net Profit Growth %
- 0.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 20.39
- Book Value (₹)
- 275.86
- Dividend per Share (₹)
- 5.65
- Cash EPS (₹)
- 52.05
- Operating Margin %
- 6.74%
- Net Margin %
- 1.77%
- ROE %
- 7.26%
- ROCE %
- 8.37%
- 2.26%
- Debtor Days
- 72
- Inventory Days
- 58
- Payable Days
- 113
- 17
- Debt to Equity (x)
- 0.96x
- Interest Coverage (x)
- 1.53x
- 1.02x
- Revenue Growth %
- -22.37%
- Operating Profit Growth %
- -28.29%
- Net Profit Growth %
- -36.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.76
- Book Value (₹)
- 274.60
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 35.63
- Operating Margin %
- 6.02%
- Net Margin %
- 0.00%
- ROE %
- 0.02%
- ROCE %
- 4.52%
- 0.01%
- Debtor Days
- 92
- Inventory Days
- 73
- Payable Days
- 153
- 12
- Debt to Equity (x)
- 1.02x
- Interest Coverage (x)
- 1.01x
- 1.03x
- Revenue Growth %
- -9.67%
- Operating Profit Growth %
- -19.24%
- Net Profit Growth %
- -99.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 31.78
- Book Value (₹)
- 304.94
- Dividend per Share (₹)
- 8.30
- Cash EPS (₹)
- 72.79
- Operating Margin %
- 6.73%
- Net Margin %
- 1.87%
- ROE %
- 10.64%
- ROCE %
- 11.59%
- 2.72%
- Debtor Days
- 75
- Inventory Days
- 62
- Payable Days
- 125
- 13
- Debt to Equity (x)
- 1.16x
- Interest Coverage (x)
- 2.37x
- 0.99x
- Revenue Growth %
- 64.35%
- Operating Profit Growth %
- 83.70%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 23.00
- Book Value (₹)
- 313.79
- Dividend per Share (₹)
- 6.97
- Cash EPS (₹)
- 52.29
- Operating Margin %
- 5.21%
- Net Margin %
- 1.11%
- ROE %
- 6.91%
- ROCE %
- 10.89%
- 1.71%
- Debtor Days
- 65
- Inventory Days
- 66
- Payable Days
- 120
- 11
- Debt to Equity (x)
- 1.06x
- Interest Coverage (x)
- 1.62x
- 0.92x
- Revenue Growth %
- 16.99%
- Operating Profit Growth %
- -9.50%
- Net Profit Growth %
- -30.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 25.69
- Book Value (₹)
- 343.74
- Dividend per Share (₹)
- 7.39
- Cash EPS (₹)
- 58.87
- Operating Margin %
- 5.34%
- Net Margin %
- 1.18%
- ROE %
- 7.39%
- ROCE %
- 12.41%
- 1.91%
- Debtor Days
- 55
- Inventory Days
- 65
- Payable Days
- 119
- 1
- Debt to Equity (x)
- 0.90x
- Interest Coverage (x)
- 1.61x
- 0.94x
- Revenue Growth %
- 7.26%
- Operating Profit Growth %
- 13.41%
- Net Profit Growth %
- 14.52%
- 11.69%
- P/E (x)
- 23.25x
- P/B (x)
- 1.74x
- Dividend Yield %
- 1.24%
- 8.08x
Mar 2025
- EPS (₹)
- 45.40
- Book Value (₹)
- 377.40
- Dividend per Share (₹)
- 11.53
- Cash EPS (₹)
- 84.08
- Operating Margin %
- 7.43%
- Net Margin %
- 2.36%
- ROE %
- 12.74%
- ROCE %
- 16.67%
- 3.57%
- Debtor Days
- 59
- Inventory Days
- 64
- Payable Days
- 133
- -11
- Debt to Equity (x)
- 0.79x
- Interest Coverage (x)
- 2.22x
- 0.93x
- Revenue Growth %
- -4.68%
- Operating Profit Growth %
- 30.32%
- Net Profit Growth %
- 90.48%
- 76.68%
- P/E (x)
- 12.79x
- P/B (x)
- 1.54x
- Dividend Yield %
- 1.99%
- 5.99x
Mar 2026
- EPS (₹)
- 63.45
- Book Value (₹)
- 426.30
- Dividend per Share (₹)
- 14.44
- Cash EPS (₹)
- 111.88
- Operating Margin %
- 7.55%
- Net Margin %
- 2.89%
- ROE %
- 16.10%
- ROCE %
- 19.47%
- 4.72%
- Debtor Days
- 54
- Inventory Days
- 51
- Payable Days
- 125
- -20
- Debt to Equity (x)
- 0.66x
- Interest Coverage (x)
- 2.75x
- 0.87x
- Revenue Growth %
- 15.19%
- Operating Profit Growth %
- 21.97%
- Net Profit Growth %
- 40.88%
- 39.77%
- P/E (x)
- 15.71x
- P/B (x)
- 2.34x
- Dividend Yield %
- 1.45%
- 7.16x
Documents
Announcements
- Outcome of Board Meeting
2026-08-19 - Wheels India Limited has informed the Exchange regarding Outcome of Board Meeting held on August 19, 2026.
- Shareholders meeting
2026-08-12 - Wheels India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026
May 2026
Jan 2026