Wheels India Ltd.
•₹ 1,512.81.95%
2026-08-21
PROS
- Company has delivered good profit growth of 83.0% CAGR over last 5 years
- Latest quarter profit grew 40.1% YoY, showing strong momentum
- Company has delivered good sales growth of 18.2% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.77x)
- Working capital cycle has improved - days down from -4 to -13
- Company has a consistent dividend-paying track record
CONS
- Growth is decelerating - 3Y profit CAGR (30.4%) trails the 5Y trend (83.0%)
* 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 | 169.05 | 40.74 | 178422.85 | 0.35 | 1075.66 | 77.48 | 35243.77 | 17.70 | 13.63 | 8.86 |
| 2. | BOSCHLTD | 48176.75 | 60.13 | 142102.62 | 0.56 | 706.10 | -36.74 | 5841.90 | 22.00 | 25.60 | 14.08 |
| 3. | UNOMINDA | 1263.00 | 60.66 | 72934.11 | 0.21 | 315.51 | 2.10 | 5556.85 | 23.79 | 20.74 | 11.14 |
| 4. | TIINDIA | 2860.35 | 91.29 | 55368.46 | 0.12 | 293.96 | -3.04 | 6215.33 | 20.20 | 27.33 | 8.81 |
| 5. | SONACOMS | 813.00 | 72.88 | 50722.31 | 0.42 | 178.51 | 46.67 | 1301.20 | 52.38 | 14.75 | 22.55 |
| 6. | ENDURANCE | 3030.90 | 43.96 | 42633.50 | 0.38 | 244.52 | 8.03 | 4314.89 | 30.01 | 18.33 | 12.42 |
| 7. | ZFCVINDIA | 2663.65 | 60.72 | 30313.80 | 0.03 | 1044.78 | 753.75 | 10661.76 | 992.89 | 20.23 | 12.93 |
| 8. | CRAFTSMAN | 10639.60 | 59.85 | 27827.27 | 0.11 | 150.55 | 116.31 | 2431.58 | 36.30 | 14.65 | 15.81 |
| 9. | MSUMI | 38.40 | 0.00 | 25465.58 | 1.51 | 1453.20 | 915.51 | 34072.60 | 1273.43 | 43.72 | 7.58 |
| 10. | GABRIEL | 1420.65 | 84.59 | 25178.18 | 0.35 | 1081.26 | 925.35 | 14256.83 | 1055.00 | 26.37 | 11.71 |
| 11. | SANSERA | 3877.45 | 69.45 | 24196.67 | 0.10 | 87.36 | 38.71 | 1021.26 | 33.27 | 13.97 | 19.18 |
| 12. | WHEELS | 1511.80 | 22.60 | 3693.78 | 0.96 | 38.94 | 27.30 | 1491.00 | 17.82 | 19.47 | 7.68 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,128 | 1,184 | 1,130 | 1,164 | 1,083 | 1,084 | 1,057 | 1,192 | 1,183 | 1,173 | 1,280 | 1,462 | 1,380 | |
| 1,069 | 1,136 | 1,069 | 1,071 | 1,009 | 1,008 | 978 | 1,095 | 1,098 | 1,089 | 1,190 | 1,345 | 1,336 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 5 | 5 | 1 | 3 | 6 | 1 | 1 | 3 | 4 | 6 | 7 | 9 | 6 |
| Interest | 28 | 27 | 27 | 27 | 26 | 28 | 28 | 28 | 29 | 28 | 28 | 27 | 27 |
| Depreciation | 19 | 20 | 20 | 20 | 21 | 21 | 22 | 23 | 25 | 25 | 27 | 30 | 31 |
| 17 | 6 | 16 | 49 | 33 | 29 | 30 | 48 | 36 | 37 | 43 | 70 | 50 | |
| Tax % | 22.10% | 18.76% | 23.29% | 25.14% | 22.96% | 25.32% | 25.26% | 25.67% | 26.21% | 25.39% | 24.71% | 25.06% | 26.38% |
| Net Profit | 13 | 5 | 13 | 37 | 25 | 22 | 23 | 36 | 26 | 28 | 32 | 52 | 37 |
| 5 | 2 | 5 | 15 | 10 | 9 | 9 | 15 | 11 | 11 | 13 | 21 | 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
- 1,128
- 1,069
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 28
- Depreciation
- 19
- 17
- Tax %
- 22.10%
- Net Profit
- 13
- 5
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,184
- 1,136
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 27
- Depreciation
- 20
- 6
- Tax %
- 18.76%
- Net Profit
- 5
- 2
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,130
- 1,069
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 27
- Depreciation
- 20
- 16
- Tax %
- 23.29%
- Net Profit
- 13
- 5
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,164
- 1,071
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 27
- Depreciation
- 20
- 49
- Tax %
- 25.14%
- Net Profit
- 37
- 15
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,083
- 1,009
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 26
- Depreciation
- 21
- 33
- Tax %
- 22.96%
- Net Profit
- 25
- 10
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,084
- 1,008
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 28
- Depreciation
- 21
- 29
- Tax %
- 25.32%
- Net Profit
- 22
- 9
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,057
- 978
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 28
- Depreciation
- 22
- 30
- Tax %
- 25.26%
- Net Profit
- 23
- 9
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,192
- 1,095
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 28
- Depreciation
- 23
- 48
- Tax %
- 25.67%
- Net Profit
- 36
- 15
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,183
- 1,098
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 29
- Depreciation
- 25
- 36
- Tax %
- 26.21%
- Net Profit
- 26
- 11
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,173
- 1,089
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 28
- Depreciation
- 25
- 37
- Tax %
- 25.39%
- Net Profit
- 28
- 11
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,280
- 1,190
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 28
- Depreciation
- 27
- 43
- Tax %
- 24.71%
- Net Profit
- 32
- 13
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,462
- 1,345
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 27
- Depreciation
- 30
- 70
- Tax %
- 25.06%
- Net Profit
- 52
- 21
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,380
- 1,336
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 27
- Depreciation
- 31
- 50
- Tax %
- 26.38%
- Net Profit
- 37
- 2
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,173 | 2,460 | 3,181 | 2,429 | 2,212 | 3,687 | 4,321 | 4,607 | 4,415 | 5,098 | 5,296 | |
| 1,987 | 2,269 | 2,948 | 2,262 | 2,073 | 3,436 | 4,099 | 4,343 | 4,089 | 4,721 | 4,959 | |
| Operating Profit | 189 | 201 | 241 | 176 | 143 | 265 | 246 | 276 | 336 | 404 | — |
| OPM % | 9 | 8 | 8 | 7 | 6 | 7 | 6 | 6 | 8 | 8 | — |
| Other Income | 3 | 9 | 8 | 10 | 4 | 14 | 24 | 12 | 10 | 26 | 28 |
| Interest | 48 | 45 | 62 | 62 | 53 | 63 | 96 | 108 | 110 | 112 | 110 |
| Depreciation | 64 | 67 | 70 | 70 | 81 | 95 | 68 | 79 | 86 | 107 | 113 |
| 77 | 101 | 108 | 45 | 10 | 107 | 82 | 89 | 141 | 185 | 200 | |
| Tax % | 24 | 29 | 30 | -21 | 31 | 25 | 24 | 24 | 25 | 25 | 25 |
| Net Profit | 58 | 72 | 76 | 54 | 7 | 80 | 62 | 68 | 106 | 139 | 149 |
| EPS | 49 | 30 | 31 | 22 | 3 | 33 | 26 | 28 | 43 | 57 | — |
| Dividend Payout % | 27 | 25 | 25 | 25 | 36 | 25 | 27 | 27 | 27 | 25 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 24 | 30 | 31 | 22 | 3 | 33 | 26 | 28 | 43 | 57 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 24 | 30 | 31 | 22 | 3 | 33 | 26 | 28 | 43 | 57 | — |
Mar 2017
- 2,173
- 1,987
- Operating Profit
- 189
- OPM %
- 9
- Other Income
- 3
- Interest
- 48
- Depreciation
- 64
- 77
- Tax %
- 24
- Net Profit
- 58
- EPS
- 49
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
Mar 2018
- 2,460
- 2,269
- Operating Profit
- 201
- OPM %
- 8
- Other Income
- 9
- Interest
- 45
- Depreciation
- 67
- 101
- Tax %
- 29
- Net Profit
- 72
- EPS
- 30
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
Mar 2019
- 3,181
- 2,948
- Operating Profit
- 241
- OPM %
- 8
- Other Income
- 8
- Interest
- 62
- Depreciation
- 70
- 108
- Tax %
- 30
- Net Profit
- 76
- EPS
- 31
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
Mar 2020
- 2,429
- 2,262
- Operating Profit
- 176
- OPM %
- 7
- Other Income
- 10
- Interest
- 62
- Depreciation
- 70
- 45
- Tax %
- -21
- Net Profit
- 54
- EPS
- 22
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
Mar 2021
- 2,212
- 2,073
- Operating Profit
- 143
- OPM %
- 6
- Other Income
- 4
- Interest
- 53
- Depreciation
- 81
- 10
- Tax %
- 31
- Net Profit
- 7
- EPS
- 3
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 3,687
- 3,436
- Operating Profit
- 265
- OPM %
- 7
- Other Income
- 14
- Interest
- 63
- Depreciation
- 95
- 107
- Tax %
- 25
- Net Profit
- 80
- EPS
- 33
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
Mar 2023
- 4,321
- 4,099
- Operating Profit
- 246
- OPM %
- 6
- Other Income
- 24
- Interest
- 96
- Depreciation
- 68
- 82
- Tax %
- 24
- Net Profit
- 62
- EPS
- 26
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2024
- 4,607
- 4,343
- Operating Profit
- 276
- OPM %
- 6
- Other Income
- 12
- Interest
- 108
- Depreciation
- 79
- 89
- Tax %
- 24
- Net Profit
- 68
- EPS
- 28
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
Mar 2025
- 4,415
- 4,089
- Operating Profit
- 336
- OPM %
- 8
- Other Income
- 10
- Interest
- 110
- Depreciation
- 86
- 141
- Tax %
- 25
- Net Profit
- 106
- EPS
- 43
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 43
Mar 2026
- 5,098
- 4,721
- Operating Profit
- 404
- OPM %
- 8
- Other Income
- 26
- Interest
- 112
- Depreciation
- 107
- 185
- Tax %
- 25
- Net Profit
- 139
- EPS
- 57
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 57
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 57
TTM
- 5,296
- 4,959
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 110
- Depreciation
- 113
- 200
- Tax %
- 25
- Net Profit
- 149
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 10%
- 5 Years:
- 18%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 13%
- 5 Years:
- 83%
- 3 Years:
- 30%
STOCK PRICE CAGR
- 10 Years:
- 9%
- 5 Years:
- 13%
- 3 Years:
- 28%
- 1 Year:
- 98%
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 12%
- 3 Years:
- 12%
- Last Year:
- 15%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 450 | 503 | 545 | 573 | 575 | 651 | 680 | 770 | 847 | 950 | |
| 146 | 158 | 217 | 223 | 214 | 436 | 417 | 407 | 292 | 284 | |
| Trade Payables | 422 | 472 | 585 | 441 | 794 | 960 | 1,021 | 1,060 | 1,118 | 1,218 |
| 334 | 387 | 530 | 581 | 610 | 658 | 663 | 601 | 726 | 819 | |
| Total Liabilities | 1,363 | 1,533 | 1,900 | 1,842 | 2,218 | 2,729 | 2,805 | 2,861 | 3,008 | 3,296 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 526 | 491 | 600 | 648 | 783 | 772 | 933 | 978 | 1,174 | 1,386 | |
| Capital Work in Progress | 22 | 36 | 42 | 134 | 43 | 85 | 70 | 75 | 46 | 63 |
| 12 | 16 | 17 | 17 | 17 | 14 | 9 | 12 | 24 | 49 | |
| 279 | 349 | 403 | 388 | 512 | 770 | 850 | 848 | 742 | 716 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 723 | 800 | 793 | |
| Cash & Bank | 9 | 7 | 7 | 4 | 3 | 3 | 4 | 4 | 4 | 3 |
| 515 | 633 | 831 | 651 | 861 | 1,085 | 939 | 221 | 217 | 284 | |
| Total Assets | 1,363 | 1,533 | 1,900 | 1,842 | 2,218 | 2,729 | 2,805 | 2,861 | 3,008 | 3,296 |
| Total Debt | 369 | 359 | 453 | 575 | 609 | 811 | 755 | 709 | 704 | 675 |
| Net Working Capital | 70 | 141 | 111 | 63 | 108 | 75 | -46 | 9 | -47 | -180 |
| Contingent Liabilities | 137 | 112 | 60 | 44 | 45 | 8 | 6 | 9 | 20 | 47 |
| Book Value per Share | 383.81 | 428.39 | 236.33 | 248.33 | 249.09 | 280.59 | 292.75 | 325.03 | 356.71 | 398.91 |
| 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 | 453 | 575 | 609 | 811 | 755 | 709 | 704 | 675 |
| Net Working Capital | 70 | 141 | 111 | 63 | 108 | 75 | -46 | 9 | -47 | -180 |
| Contingent Liabilities | 137 | 112 | 60 | 44 | 45 | 8 | 6 | 9 | 20 | 47 |
| Book Value per Share | 383.81 | 428.39 | 236.33 | 248.33 | 249.09 | 280.59 | 292.75 | 325.03 | 356.71 | 398.91 |
| 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
- 450
- 146
- Trade Payables
- 422
- 334
- Total Liabilities
- 1,363
- 526
- Capital Work in Progress
- 22
- 12
- 279
- 0
- Cash & Bank
- 9
- 515
- Total Assets
- 1,363
- Total Debt
- 369
- Net Working Capital
- 70
- Contingent Liabilities
- 137
- Book Value per Share
- 383.81
- Face Value
- 10.00
- Total Debt
- 369
- Net Working Capital
- 70
- Contingent Liabilities
- 137
- Book Value per Share
- 383.81
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 12
- 503
- 158
- Trade Payables
- 472
- 387
- Total Liabilities
- 1,533
- 491
- Capital Work in Progress
- 36
- 16
- 349
- 0
- Cash & Bank
- 7
- 633
- Total Assets
- 1,533
- Total Debt
- 359
- Net Working Capital
- 141
- Contingent Liabilities
- 112
- Book Value per Share
- 428.39
- Face Value
- 10.00
- Total Debt
- 359
- Net Working Capital
- 141
- Contingent Liabilities
- 112
- Book Value per Share
- 428.39
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 24
- 545
- 217
- Trade Payables
- 585
- 530
- Total Liabilities
- 1,900
- 600
- Capital Work in Progress
- 42
- 17
- 403
- 0
- Cash & Bank
- 7
- 831
- Total Assets
- 1,900
- Total Debt
- 453
- Net Working Capital
- 111
- Contingent Liabilities
- 60
- Book Value per Share
- 236.33
- Face Value
- 10.00
- Total Debt
- 453
- Net Working Capital
- 111
- Contingent Liabilities
- 60
- Book Value per Share
- 236.33
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 24
- 573
- 223
- Trade Payables
- 441
- 581
- Total Liabilities
- 1,842
- 648
- Capital Work in Progress
- 134
- 17
- 388
- 0
- Cash & Bank
- 4
- 651
- Total Assets
- 1,842
- Total Debt
- 575
- Net Working Capital
- 63
- Contingent Liabilities
- 44
- Book Value per Share
- 248.33
- Face Value
- 10.00
- Total Debt
- 575
- Net Working Capital
- 63
- Contingent Liabilities
- 44
- Book Value per Share
- 248.33
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 24
- 575
- 214
- Trade Payables
- 794
- 610
- Total Liabilities
- 2,218
- 783
- Capital Work in Progress
- 43
- 17
- 512
- 0
- Cash & Bank
- 3
- 861
- Total Assets
- 2,218
- Total Debt
- 609
- Net Working Capital
- 108
- Contingent Liabilities
- 45
- Book Value per Share
- 249.09
- Face Value
- 10.00
- Total Debt
- 609
- Net Working Capital
- 108
- Contingent Liabilities
- 45
- Book Value per Share
- 249.09
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 24
- 651
- 436
- Trade Payables
- 960
- 658
- Total Liabilities
- 2,729
- 772
- Capital Work in Progress
- 85
- 14
- 770
- 0
- Cash & Bank
- 3
- 1,085
- Total Assets
- 2,729
- Total Debt
- 811
- Net Working Capital
- 75
- Contingent Liabilities
- 8
- Book Value per Share
- 280.59
- Face Value
- 10.00
- Total Debt
- 811
- Net Working Capital
- 75
- Contingent Liabilities
- 8
- Book Value per Share
- 280.59
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 24
- 680
- 417
- Trade Payables
- 1,021
- 663
- Total Liabilities
- 2,805
- 933
- Capital Work in Progress
- 70
- 9
- 850
- 0
- Cash & Bank
- 4
- 939
- Total Assets
- 2,805
- Total Debt
- 755
- Net Working Capital
- -46
- Contingent Liabilities
- 6
- Book Value per Share
- 292.75
- Face Value
- 10.00
- Total Debt
- 755
- Net Working Capital
- -46
- Contingent Liabilities
- 6
- Book Value per Share
- 292.75
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 24
- 770
- 407
- Trade Payables
- 1,060
- 601
- Total Liabilities
- 2,861
- 978
- Capital Work in Progress
- 75
- 12
- 848
- 723
- Cash & Bank
- 4
- 221
- Total Assets
- 2,861
- Total Debt
- 709
- Net Working Capital
- 9
- Contingent Liabilities
- 9
- Book Value per Share
- 325.03
- Face Value
- 10.00
- Total Debt
- 709
- Net Working Capital
- 9
- Contingent Liabilities
- 9
- Book Value per Share
- 325.03
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 24
- 847
- 292
- Trade Payables
- 1,118
- 726
- Total Liabilities
- 3,008
- 1,174
- Capital Work in Progress
- 46
- 24
- 742
- 800
- Cash & Bank
- 4
- 217
- Total Assets
- 3,008
- Total Debt
- 704
- Net Working Capital
- -47
- Contingent Liabilities
- 20
- Book Value per Share
- 356.71
- Face Value
- 10.00
- Total Debt
- 704
- Net Working Capital
- -47
- Contingent Liabilities
- 20
- Book Value per Share
- 356.71
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 24
- 950
- 284
- Trade Payables
- 1,218
- 819
- Total Liabilities
- 3,296
- 1,386
- Capital Work in Progress
- 63
- 49
- 716
- 793
- Cash & Bank
- 3
- 284
- Total Assets
- 3,296
- Total Debt
- 675
- Net Working Capital
- -180
- Contingent Liabilities
- 47
- Book Value per Share
- 398.91
- Face Value
- 10.00
- Total Debt
- 675
- Net Working Capital
- -180
- Contingent Liabilities
- 47
- Book Value per Share
- 398.91
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 155 | 117 | 175 | 159 | 138 | -16 | 359 | 314 | 400 | 464 | |
| Cash from Investing | -75 | -40 | -183 | -199 | -110 | -116 | -145 | -141 | -255 | -277 |
| Cash from Financing | -75 | -74 | -0 | 52 | -27 | 122 | -210 | -140 | -146 | -176 |
| 5 | 3 | -8 | 12 | 1 | -10 | 4 | 33 | -0 | 11 | |
| Free Cash Flow | 92 | 117 | -0 | -47 | 18 | -119 | 148 | 190 | 175 | 171 |
| OCF / Net Profit | 2.66 | 1.63 | 2.32 | 2.94 | 20.38 | -0.21 | 5.74 | 4.62 | 3.78 | 3.35 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 180 | -31 | -1 | 190 | 412 | 565 |
| OCF / Net Profit | 2.66 | 1.63 | 2.32 | 2.94 | 20.38 | -0.21 | 5.74 | 4.62 | 3.78 | 3.35 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 180 | -31 | -1 | 190 | 412 | 565 |
Mar 2017
- 155
- Cash from Investing
- -75
- Cash from Financing
- -75
- 5
- Free Cash Flow
- 92
- OCF / Net Profit
- 2.66
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.66
- Cumulative 5-Year FCF
- 0
Mar 2018
- 117
- Cash from Investing
- -40
- Cash from Financing
- -74
- 3
- Free Cash Flow
- 117
- OCF / Net Profit
- 1.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.63
- Cumulative 5-Year FCF
- 0
Mar 2019
- 175
- Cash from Investing
- -183
- Cash from Financing
- -0
- -8
- Free Cash Flow
- -0
- OCF / Net Profit
- 2.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.32
- Cumulative 5-Year FCF
- 0
Mar 2020
- 159
- Cash from Investing
- -199
- Cash from Financing
- 52
- 12
- Free Cash Flow
- -47
- OCF / Net Profit
- 2.94
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.94
- Cumulative 5-Year FCF
- 0
Mar 2021
- 138
- Cash from Investing
- -110
- Cash from Financing
- -27
- 1
- Free Cash Flow
- 18
- OCF / Net Profit
- 20.38
- Cumulative 5-Year FCF
- 180
- OCF / Net Profit
- 20.38
- Cumulative 5-Year FCF
- 180
Mar 2022
- -16
- Cash from Investing
- -116
- Cash from Financing
- 122
- -10
- Free Cash Flow
- -119
- OCF / Net Profit
- -0.21
- Cumulative 5-Year FCF
- -31
- OCF / Net Profit
- -0.21
- Cumulative 5-Year FCF
- -31
Mar 2023
- 359
- Cash from Investing
- -145
- Cash from Financing
- -210
- 4
- Free Cash Flow
- 148
- OCF / Net Profit
- 5.74
- Cumulative 5-Year FCF
- -1
- OCF / Net Profit
- 5.74
- Cumulative 5-Year FCF
- -1
Mar 2024
- 314
- Cash from Investing
- -141
- Cash from Financing
- -140
- 33
- Free Cash Flow
- 190
- OCF / Net Profit
- 4.62
- Cumulative 5-Year FCF
- 190
- OCF / Net Profit
- 4.62
- Cumulative 5-Year FCF
- 190
Mar 2025
- 400
- Cash from Investing
- -255
- Cash from Financing
- -146
- -0
- Free Cash Flow
- 175
- OCF / Net Profit
- 3.78
- Cumulative 5-Year FCF
- 412
- OCF / Net Profit
- 3.78
- Cumulative 5-Year FCF
- 412
Mar 2026
- 464
- Cash from Investing
- -277
- Cash from Financing
- -176
- 11
- Free Cash Flow
- 171
- OCF / Net Profit
- 3.35
- Cumulative 5-Year FCF
- 565
- OCF / Net Profit
- 3.35
- Cumulative 5-Year FCF
- 565
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 48.52 | 59.66 | 31.45 | 22.49 | 2.81 | 33.16 | 25.96 | 27.78 | 43.33 | 56.72 |
| Book Value (₹) | 383.81 | 428.39 | 236.33 | 248.33 | 249.09 | 280.59 | 292.75 | 325.03 | 356.71 | 398.91 |
| 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 (₹) | 50.83 | 57.70 | 60.63 | 51.67 | 36.32 | 72.66 | 54.42 | 60.06 | 78.34 | 100.32 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 8.06% | 8.00% | 7.56% | 7.26% | 6.47% | 7.18% | 5.70% | 5.74% | 7.40% | 7.41% |
| Net Margin % | 2.49% | 2.86% | 2.38% | 2.23% | 0.31% | 2.16% | 1.45% | 1.47% | 2.40% | 2.72% |
| ROE % | 13.42% | 14.69% | 13.96% | 9.28% | 1.13% | 12.52% | 9.06% | 9.06% | 12.71% | 15.01% |
| ROCE % | 15.38% | 17.13% | 17.98% | 9.68% | 5.24% | 12.59% | 11.95% | 13.20% | 16.29% | 18.43% |
| 4.40% | 4.96% | 4.41% | 2.89% | 0.33% | 3.23% | 2.26% | 2.40% | 3.61% | 4.40% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 61 | 67 | 59 | 76 | 96 | 78 | 69 | 59 | 63 | 57 |
| Inventory Days | 45 | 46 | 43 | 59 | 74 | 63 | 68 | 67 | 66 | 52 |
| Payable Days | 101 | 97 | 86 | 112 | 148 | 119 | 115 | 115 | 129 | 122 |
| 5 | 15 | 16 | 24 | 23 | 22 | 22 | 11 | 0 | -13 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.80x | 0.70x | 0.80x | 0.96x | 1.02x | 1.20x | 1.07x | 0.89x | 0.81x | 0.69x |
| Interest Coverage (x) | 2.60x | 3.28x | 2.75x | 1.72x | 1.18x | 2.69x | 1.86x | 1.82x | 2.28x | 2.66x |
| 1.10x | 1.17x | 1.10x | 1.07x | 1.09x | 1.04x | 0.97x | 1.01x | 0.97x | 0.91x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 9.34% | 13.23% | 29.30% | -23.65% | -8.93% | 66.69% | 17.21% | 6.62% | -4.16% | 15.47% |
| Operating Profit Growth % | 8.34% | 6.16% | 19.99% | -26.72% | -18.89% | 85.02% | -6.93% | 12.21% | 21.70% | 20.05% |
| Net Profit Growth % | 45.96% | 22.96% | 5.43% | -28.49% | -87.53% | 1082.07% | -21.72% | 8.66% | 55.96% | 30.90% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.02% | 55.96% | 30.90% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 21.50x | 13.40x | 17.57x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.84x | 1.63x | 2.50x |
| 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 | 7.83x | 6.30x | 7.69x |
Mar 2017
- EPS (₹)
- 48.52
- Book Value (₹)
- 383.81
- Dividend per Share (₹)
- 13.00
- Cash EPS (₹)
- 50.83
- Operating Margin %
- 8.06%
- Net Margin %
- 2.49%
- ROE %
- 13.42%
- ROCE %
- 15.38%
- 4.40%
- Debtor Days
- 61
- Inventory Days
- 45
- Payable Days
- 101
- 5
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 2.60x
- 1.10x
- Revenue Growth %
- 9.34%
- Operating Profit Growth %
- 8.34%
- Net Profit Growth %
- 45.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 59.66
- Book Value (₹)
- 428.39
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 57.70
- Operating Margin %
- 8.00%
- Net Margin %
- 2.86%
- ROE %
- 14.69%
- ROCE %
- 17.13%
- 4.96%
- Debtor Days
- 67
- Inventory Days
- 46
- Payable Days
- 97
- 15
- Debt to Equity (x)
- 0.70x
- Interest Coverage (x)
- 3.28x
- 1.17x
- Revenue Growth %
- 13.23%
- Operating Profit Growth %
- 6.16%
- Net Profit Growth %
- 22.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 31.45
- Book Value (₹)
- 236.33
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 60.63
- Operating Margin %
- 7.56%
- Net Margin %
- 2.38%
- ROE %
- 13.96%
- ROCE %
- 17.98%
- 4.41%
- Debtor Days
- 59
- Inventory Days
- 43
- Payable Days
- 86
- 16
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 2.75x
- 1.10x
- Revenue Growth %
- 29.30%
- Operating Profit Growth %
- 19.99%
- Net Profit Growth %
- 5.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 22.49
- Book Value (₹)
- 248.33
- Dividend per Share (₹)
- 5.65
- Cash EPS (₹)
- 51.67
- Operating Margin %
- 7.26%
- Net Margin %
- 2.23%
- ROE %
- 9.28%
- ROCE %
- 9.68%
- 2.89%
- Debtor Days
- 76
- Inventory Days
- 59
- Payable Days
- 112
- 24
- Debt to Equity (x)
- 0.96x
- Interest Coverage (x)
- 1.72x
- 1.07x
- Revenue Growth %
- -23.65%
- Operating Profit Growth %
- -26.72%
- Net Profit Growth %
- -28.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 2.81
- Book Value (₹)
- 249.09
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 36.32
- Operating Margin %
- 6.47%
- Net Margin %
- 0.31%
- ROE %
- 1.13%
- ROCE %
- 5.24%
- 0.33%
- Debtor Days
- 96
- Inventory Days
- 74
- Payable Days
- 148
- 23
- Debt to Equity (x)
- 1.02x
- Interest Coverage (x)
- 1.18x
- 1.09x
- Revenue Growth %
- -8.93%
- Operating Profit Growth %
- -18.89%
- Net Profit Growth %
- -87.53%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 33.16
- Book Value (₹)
- 280.59
- Dividend per Share (₹)
- 8.30
- Cash EPS (₹)
- 72.66
- Operating Margin %
- 7.18%
- Net Margin %
- 2.16%
- ROE %
- 12.52%
- ROCE %
- 12.59%
- 3.23%
- Debtor Days
- 78
- Inventory Days
- 63
- Payable Days
- 119
- 22
- Debt to Equity (x)
- 1.20x
- Interest Coverage (x)
- 2.69x
- 1.04x
- Revenue Growth %
- 66.69%
- Operating Profit Growth %
- 85.02%
- Net Profit Growth %
- 1082.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 25.96
- Book Value (₹)
- 292.75
- Dividend per Share (₹)
- 6.97
- Cash EPS (₹)
- 54.42
- Operating Margin %
- 5.70%
- Net Margin %
- 1.45%
- ROE %
- 9.06%
- ROCE %
- 11.95%
- 2.26%
- Debtor Days
- 69
- Inventory Days
- 68
- Payable Days
- 115
- 22
- Debt to Equity (x)
- 1.07x
- Interest Coverage (x)
- 1.86x
- 0.97x
- Revenue Growth %
- 17.21%
- Operating Profit Growth %
- -6.93%
- Net Profit Growth %
- -21.72%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 27.78
- Book Value (₹)
- 325.03
- Dividend per Share (₹)
- 7.39
- Cash EPS (₹)
- 60.06
- Operating Margin %
- 5.74%
- Net Margin %
- 1.47%
- ROE %
- 9.06%
- ROCE %
- 13.20%
- 2.40%
- Debtor Days
- 59
- Inventory Days
- 67
- Payable Days
- 115
- 11
- Debt to Equity (x)
- 0.89x
- Interest Coverage (x)
- 1.82x
- 1.01x
- Revenue Growth %
- 6.62%
- Operating Profit Growth %
- 12.21%
- Net Profit Growth %
- 8.66%
- 7.02%
- P/E (x)
- 21.50x
- P/B (x)
- 1.84x
- Dividend Yield %
- 1.24%
- 7.83x
Mar 2025
- EPS (₹)
- 43.33
- Book Value (₹)
- 356.71
- Dividend per Share (₹)
- 11.53
- Cash EPS (₹)
- 78.34
- Operating Margin %
- 7.40%
- Net Margin %
- 2.40%
- ROE %
- 12.71%
- ROCE %
- 16.29%
- 3.61%
- Debtor Days
- 63
- Inventory Days
- 66
- Payable Days
- 129
- 0
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 2.28x
- 0.97x
- Revenue Growth %
- -4.16%
- Operating Profit Growth %
- 21.70%
- Net Profit Growth %
- 55.96%
- 55.96%
- P/E (x)
- 13.40x
- P/B (x)
- 1.63x
- Dividend Yield %
- 1.99%
- 6.30x
Mar 2026
- EPS (₹)
- 56.72
- Book Value (₹)
- 398.91
- Dividend per Share (₹)
- 14.44
- Cash EPS (₹)
- 100.32
- Operating Margin %
- 7.41%
- Net Margin %
- 2.72%
- ROE %
- 15.01%
- ROCE %
- 18.43%
- 4.40%
- Debtor Days
- 57
- Inventory Days
- 52
- Payable Days
- 122
- -13
- Debt to Equity (x)
- 0.69x
- Interest Coverage (x)
- 2.66x
- 0.91x
- Revenue Growth %
- 15.47%
- Operating Profit Growth %
- 20.05%
- Net Profit Growth %
- 30.90%
- 30.90%
- P/E (x)
- 17.57x
- P/B (x)
- 2.50x
- Dividend Yield %
- 1.45%
- 7.69x
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