About
Wheels India Limited, together with its subsidiary, manufactures and sells automotive and industrial components in India and internationally. The company provides steel, cast aluminum, forged aluminum, and wire wheel for use in passenger and light cargo vehicles, trucks, trailers, buses, agriculture and farm equipment, off-road vehicles, and defense vehicles; vehicle chassis and suspensions; wind turbines; fabricated and precision products for construction, mining vehicle, and other equipment; hydraulic cylinders for energy equipment and off-road vehicles; and railway products, such as bogie frames and bolsters. It also offers components and structures for windmill, railways, and thermal power plants. The company was incorporated in 1960 and is headquartered in Chennai, India.
Key Metrics
as of Sep 2026Market Cap4,207 Cr
P/E25.70
Div Yield0.84 %
Book Value₹426.00
52w High₹1,814.00
52w Low₹705.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,380.00 | 1,462.00 | 1,280.00 | 1,173.00 | 1,183.00 | 1,192.00 | 1,057.00 | 1,084.00 | 1,083.00 | 1,164.00 | 1,130.00 | 1,184.00 | 1,128.00 |
| Expenses | 1,278.00 | 1,345.00 | 1,190.00 | 1,089.00 | 1,098.00 | 1,095.00 | 978.00 | 1,008.00 | 1,009.00 | 1,071.00 | 1,069.00 | 1,136.00 | 1,069.00 |
| Operating Profit | 102.00 | 117.00 | 91.00 | 84.00 | 85.00 | 97.00 | 79.00 | 76.00 | 74.00 | 93.00 | 62.00 | 48.00 | 59.00 |
| OPM % | 7.00 | 8.00 | 7.00 | 7.00 | 7.00 | 8.00 | 7.00 | 7.00 | 7.00 | 8.00 | 5.00 | 4.10 | 5.00 |
| Other Income | 6.00 | 9.00 | 7.00 | 6.00 | 4.00 | 3.00 | 1.00 | 1.00 | 6.00 | 3.00 | 1.00 | 5.00 | 5.00 |
| Depreciation | 31.00 | 30.00 | 27.00 | 25.00 | 25.00 | 23.00 | 22.00 | 21.00 | 21.00 | 20.00 | 20.00 | 20.00 | 19.00 |
| Interest | 27.00 | 27.00 | 28.00 | 28.00 | 29.00 | 28.00 | 28.00 | 28.00 | 26.00 | 27.00 | 27.00 | 27.00 | 28.00 |
| Profit before tax | 50.00 | 70.00 | 43.00 | 37.00 | 36.00 | 48.00 | 30.00 | 29.00 | 33.00 | 49.00 | 16.00 | 6.00 | 17.00 |
| Tax % | 26.00 | 25.00 | 25.00 | 25.00 | 26.00 | 26.00 | 25.00 | 25.00 | 23.00 | 25.00 | 23.00 | 19.00 | 22.00 |
| Net Profit | 37.00 | 52.00 | 32.00 | 28.00 | 26.00 | 36.00 | 23.00 | 22.00 | 25.00 | 37.00 | 13.00 | 5.00 | 13.00 |
| EPS in Rs | 15.16 | 21.41 | 13.12 | 11.37 | 10.82 | 14.73 | 9.24 | 8.97 | 10.38 | 15.07 | 5.15 | 2.14 | 5.49 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,098.00 | 4,415.00 | 4,607.00 | 4,321.00 | 3,687.00 | 2,212.00 | 2,429.00 | 3,181.00 | 2,460.00 | 2,173.00 | 1,987.00 | 1,980.00 |
| Expenses | 4,721.00 | 4,089.00 | 4,343.00 | 4,099.00 | 3,436.00 | 2,073.00 | 2,262.00 | 2,948.00 | 2,269.00 | 1,987.00 | 1,815.00 | 1,830.00 |
| Operating Profit | 378.00 | 327.00 | 264.00 | 223.00 | 250.00 | 139.00 | 166.00 | 233.00 | 191.00 | 186.00 | 172.00 | 150.00 |
| OPM % | 7.00 | 7.00 | 6.00 | 5.00 | 7.00 | 6.00 | 7.00 | 7.00 | 8.00 | 9.00 | 9.00 | 8.00 |
| Other Income | 26.00 | 10.00 | 12.00 | 24.00 | 14.00 | 4.00 | 10.00 | 8.00 | 22.00 | 3.00 | 2.00 | 3.00 |
| Interest | 112.00 | 110.00 | 108.00 | 96.00 | 63.00 | 53.00 | 62.00 | 62.00 | 45.00 | 48.00 | 58.00 | 59.00 |
| Depreciation | 107.00 | 86.00 | 79.00 | 68.00 | 95.00 | 81.00 | 70.00 | 70.00 | 67.00 | 64.00 | 60.00 | 54.00 |
| Profit before tax | 185.00 | 141.00 | 89.00 | 82.00 | 107.00 | 10.00 | 45.00 | 108.00 | 101.00 | 77.00 | 56.00 | 40.00 |
| Tax % | 25.00 | 25.00 | 24.00 | 24.00 | 25.00 | 31.00 | -21.00 | 30.00 | 29.00 | 24.00 | 29.00 | 25.00 |
| Net Profit | 139.00 | 106.00 | 68.00 | 62.00 | 80.00 | 7.00 | 54.00 | 76.00 | 72.00 | 58.00 | 40.00 | 30.00 |
| EPS in Rs | 56.71 | 43.32 | 27.78 | 25.96 | 33.16 | 2.80 | 22.49 | 31.44 | 29.78 | 24.22 | 16.59 | 12.34 |
| Dividend Payout % | 25.00 | 27.00 | 27.00 | 27.00 | 25.00 | 36.00 | 25.00 | 25.00 | 25.00 | 27.00 | 27.00 | 30.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 12.00 | 12.00 | 12.00 | 12.00 |
| Reserves | 950.00 | 847.00 | 770.00 | 680.00 | 651.00 | 575.00 | 573.00 | 545.00 | 503.00 | 450.00 | 402.00 | 369.00 |
| Borrowings | 753.00 | 716.00 | 727.00 | 776.00 | 838.00 | 630.00 | 584.00 | 453.00 | 359.00 | 369.00 | 386.00 | 389.00 |
| Other Liabilities | 1,568.00 | 1,420.00 | 1,341.00 | 1,325.00 | 1,216.00 | 989.00 | 580.00 | 781.00 | 650.00 | 532.00 | 495.00 | 473.00 |
| Total Liabilities | 3,296.00 | 3,008.00 | 2,861.00 | 2,805.00 | 2,729.00 | 2,218.00 | 1,762.00 | 1,803.00 | 1,524.00 | 1,362.00 | 1,295.00 | 1,244.00 |
| Fixed Assets | 1,386.00 | 1,174.00 | 978.00 | 933.00 | 772.00 | 783.00 | 648.00 | 600.00 | 491.00 | 526.00 | 518.00 | 510.00 |
| CWIP | 63.00 | 46.00 | 75.00 | 70.00 | 85.00 | 43.00 | 134.00 | 42.00 | 36.00 | 22.00 | 17.00 | 12.00 |
| Investments | 49.00 | 24.00 | 12.00 | 9.00 | 14.00 | 17.00 | 17.00 | 17.00 | 16.00 | 12.00 | 17.00 | 16.00 |
| Other Assets | 1,797.00 | 1,763.00 | 1,796.00 | 1,793.00 | 1,857.00 | 1,376.00 | 963.00 | 1,144.00 | 980.00 | 802.00 | 743.00 | 706.00 |
| Total Assets | 3,296.00 | 3,008.00 | 2,861.00 | 2,805.00 | 2,729.00 | 2,218.00 | 1,762.00 | 1,803.00 | 1,524.00 | 1,362.00 | 1,295.00 | 1,244.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 464.00 | 400.00 | 314.00 | 359.00 | -16.00 | 138.00 | 159.00 | 175.00 | 117.00 | 155.00 | 148.00 | 84.00 |
| Cash from Investing Activity | -277.00 | -255.00 | -141.00 | -145.00 | -116.00 | -110.00 | -199.00 | -183.00 | -40.00 | -75.00 | -69.00 | -66.00 |
| Cash from Financing Activity | -176.00 | -146.00 | -140.00 | -210.00 | 122.00 | -27.00 | 52.00 | 0.00 | -74.00 | -75.00 | -82.00 | -14.00 |
| Net Cash Flow | 11.00 | 0.00 | 33.00 | 4.00 | -10.00 | 1.00 | 12.00 | -8.00 | 3.00 | 5.00 | -2.00 | 4.00 |
| Free Cash Flow | 205.00 | 151.00 | 173.00 | 211.00 | -133.00 | 26.00 | -42.00 | -11.00 | 20.00 | 78.00 | 74.00 | 16.00 |
| CFO/OP % | 132.00 | 126.00 | 129.00 | 166.00 | 4.00 | 92.00 | 103.00 | 85.00 | 77.00 | 94.00 | 92.00 | 64.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57.00 | 66.00 | 57.00 | 64.00 | 86.00 | 117.00 | 69.00 | 64.00 | 71.00 | 73.00 | 64.00 | 68.00 |
| Inventory Days | 75.00 | 88.00 | 93.00 | 99.00 | 105.00 | 122.00 | 85.00 | 66.00 | 76.00 | 71.00 | 84.00 | 65.00 |
| Days Payable | 127.00 | 132.00 | 117.00 | 119.00 | 131.00 | 190.00 | 96.00 | 96.00 | 102.00 | 108.00 | 104.00 | 98.00 |
| Cash Conversion Cycle | 4.00 | 22.00 | 34.00 | 44.00 | 60.00 | 49.00 | 57.00 | 34.00 | 44.00 | 37.00 | 44.00 | 35.00 |
| Working Capital Days | -13.00 | -4.00 | 0.00 | -4.00 | 7.00 | 17.00 | 9.00 | 12.00 | 20.00 | 10.00 | 15.00 | 5.00 |
| ROCE % | 18.00 | 16.00 | 13.00 | 12.00 | 12.00 | 5.00 | 10.00 | 18.00 | 16.00 | 15.00 | 14.00 | 13.00 |
Corporate Actions
42 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 24 Jun 2026 | 24 Jun 2026 | — | 9.14 | |
| Dividend | 05 Feb 2026 | 05 Feb 2026 | — | 5.30 | |
| Dividend | 10 Jul 2025 | 10 Jul 2025 | — | 7.03 | |
| Dividend | 03 Feb 2025 | 03 Feb 2025 | — | 4.50 | |
| Dividend | 10 Jul 2024 | — | — | 7.39 | |
| Dividend | 12 Jul 2023 | — | — | 3.97 | |
| Dividend | 14 Feb 2023 | 14 Feb 2023 | — | 3.00 | |
| Dividend | 05 Jul 2022 | — | — | 8.30 | |
| Dividend | 27 Jul 2021 | — | — | 1.00 | |
| Dividend | 22 Jul 2020 | — | — | 2.65 | |
| Dividend | 25 Feb 2020 | 26 Feb 2020 | — | 3.00 | |
| Dividend | 05 Aug 2019 | — | — | 4.75 | |
| Dividend | 15 Feb 2019 | 18 Feb 2019 | — | 3.25 | |
| Dividend | 08 Aug 2018 | — | — | 9.00 | |
| Bonus | 08 Aug 2018 | 09 Aug 2018 | 1:1 | — | |
| Dividend | 15 Feb 2018 | 19 Feb 2018 | — | 6.00 | |
| Dividend | 28 Jul 2017 | — | — | 8.00 | |
| Dividend | 17 Feb 2017 | 21 Feb 2017 | — | 5.00 | |
| Dividend | 28 Jul 2016 | — | — | 5.50 | |
| Dividend | 22 Feb 2016 | 23 Feb 2016 | — | 3.50 | |
| Dividend | 30 Jul 2015 | — | — | 4.50 | |
| Dividend | 12 Feb 2015 | 13 Feb 2015 | — | 3.00 | |
| Dividend | 27 Aug 2014 | — | — | 4.20 | |
| Rights | 13 Feb 2014 | 14 Feb 2014 | 51:20 | — | |
| Other | 13 Feb 2014 | 14 Feb 2014 | — | — | Right Issue of Equity Shares |
| Dividend | 06 Jan 2014 | 07 Jan 2014 | — | 4.00 | |
| Dividend | 30 Jul 2013 | — | — | 8.10 | |
| Other | 30 Jul 2013 | — | — | — | Annual General Meeting / Dividend - Rs.8.10/- Per Equity Share |
| Dividend | 30 Jul 2012 | — | — | 6.00 | |
| Dividend | 20 Mar 2012 | 21 Mar 2012 | — | 4.00 | |
| Dividend | 28 Jul 2011 | — | — | 6.50 | |
| Dividend | 05 Aug 2010 | — | — | 4.50 | |
| Dividend | 05 Aug 2009 | — | — | 5.50 | |
| Other | 05 Aug 2008 | — | — | — | Annual General Meeting |
| Dividend | 30 Apr 2008 | 03 May 2008 | — | 4.00 | |
| Dividend | 14 Feb 2008 | 15 Feb 2008 | — | 3.00 | |
| Other | 03 Aug 2007 | — | — | — | Agm |
| Dividend | 22 Mar 2007 | 23 Mar 2007 | — | 3.50 | |
| Dividend | 13 Feb 2007 | 14 Feb 2007 | — | 3.00 | |
| Other | 03 Aug 2006 | — | — | — | Agm |
| Dividend | 11 May 2006 | 12 May 2006 | — | 3.50 | |
| Other | 02 Aug 2005 | — | — | — | Agm |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update20 Feb from fitch
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Rating update18 Feb from icra
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Rating update21 Feb 2025 from fitch
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Rating update24 Jan 2025 from icra
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Rating update28 Mar 2024 from icra
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Rating update23 Feb 2024 from fitch