Wheels India’s operating margin trails sector median by 7.11 points
The company reported Rs 111.82 cr of consolidated operating profit and Rs 38.94 cr of net profit in Q1FY27.
Filed 27 Jul 2026, 18:20 IST · after market close · Wheels India Ltd (WHEELS)
Key takeaways
- Wheels India reported consolidated revenue of Rs 1,491 cr and operating profit of Rs 111.82 cr in Q1FY27.
- Its 7.5% operating margin was 7.11 percentage points below the 14.61% median for 23 Consumer Discretionary peers.
- Net profit was Rs 38.94 cr, while other income contributed Rs 4.44 cr to profit before tax of Rs 54.78 cr.
Price around the results
Q1FY27 operating profit and net profit
Wheels India’s consolidated Q1FY27 revenue produced operating profit of Rs 111.82 cr, with net profit at Rs 38.94 cr. EPS was Rs 15.68. With no year-on-year or sequential comparison provided, the quarter is best assessed against the sector margin data.
Margin remains below the Consumer Discretionary peer median
The company’s operating margin was 7.5%, 7.11 percentage points below the 14.61% median among 23 Consumer Discretionary peers that have reported. Wheels India ranked sixth from the bottom on this measure. Other income was Rs 4.44 cr against profit before tax of Rs 54.78 cr, so reported profit was not primarily driven by other income.
Results were filed after market close
The consolidated results were filed at 18:20 IST on 27 July 2026, after market close. No market reaction is included, so the immediate share-price response cannot yet be assessed against the stock’s past results reactions.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹1,491 cr |
| Other income | ₹4 cr |
| Expenses | ₹1,379 cr |
| Operating profit | ₹112 cr |
| Operating margin (%) | 7.50% |
| Interest | ₹29 cr |
| Depreciation | ₹33 cr |
| Profit before tax | ₹55 cr |
| Tax | ₹16 cr |
| Net profit | ₹39 cr |
| EPS (₹) | ₹15.68 |
Operating margin of 7.50% compares with a Consumer Discretionary sector median of 14.61% across 23 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves up from 7.5% in the next reported quarter.
- Whether profit before tax remains well above other income of Rs 4.44 cr.
- Whether tax rate changes from 28.92%.