WH
Wheels India Ltd (WHEELS)
₹2,037.40
Mkt cap
₹5,473 Cr
P/E ratio
28.50
P/B
3.63
Div yield
0.71%
ROE
15.80%
ROCE
18.80%
EPS (TTM)
₹71.49
Book value
₹562
52W range
706–2,516
Sector
Consumer Discretionary
Price history
Previous close
Wheels India is engaged in the Business of Manufacture of Road Wheels , Parts & Accessories for Machinery / Equipments used by construction and mining industries and Wind Turbine Parts. [1]
NSE WHEELSBSE 590073
Health check
Constructive
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−19.02% from high₹2,037
₹706+188.64% from low₹2,516
Current
₹2,037.40
Prev close
₹2,196.80
Day
−7.26%
Price performance
1D
−7.63%
1W
−5.96%
1M
−7.94%
3M
+43.73%
6M
+68.20%
1Y
+114.82%
YTD
+130.29%
Financials
Revenue, profit & margin
P/E ratio
28.5×
WHEELS is 2% above the sector median of 27.8×
WHEELS28.5×
Sector median27.8×
| 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 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,284 | 1,210 | 1,271 | 1,166 | 1,176 | 1,125 | 1,277 | 1,266 | 1,264 | 1,371 | 1,564 | 1,491 | 1,711 | |
| Expenses | 1,236 | 1,150 | 1,174 | 1,086 | 1,093 | 1,040 | 1,174 | 1,172 | 1,171 | 1,271 | 1,438 | 1,379 | 1,583 | |
| Operating Profit | 48 | 60 | 97 | 79 | 83 | 85 | 103 | 94 | 93 | 100 | 126 | 112 | 128 | |
| OPM % | 3.7% | 5.0% | 8% | 7% | 7% | 8% | 8% | 7% | 7% | 7% | 8% | 8% | 7% | |
| Other Income | 7 | 2 | 5 | 4 | 2 | 3 | 3 | 4 | 7 | 8 | 12 | 4 | 16 | |
| Interest | 30 | 30 | 31 | 29 | 31 | 31 | 30 | 31 | 30 | 30 | 29 | 29 | 31 | |
| Depreciation | 21 | 21 | 22 | 23 | 23 | 24 | 24 | 26 | 27 | 29 | 32 | 33 | 34 | |
| Profit before tax | 3 | 11 | 50 | 31 | 32 | 33 | 52 | 41 | 42 | 49 | 77 | 55 | 79 | |
| Tax % | -12% | 19% | 24% | 25% | 25% | 24% | 25% | 25% | 25% | 24% | 24% | 29% | 24% | |
| Net Profit | 3 | 9 | 38 | 24 | 24 | 25 | 39 | 31 | 32 | 37 | 59 | 39 | 60 | |
| EPS in Rs | 1.78 | 4.14 | 15.76 | 9.66 | 9.82 | 10.25 | 15.65 | 12.23 | 12.65 | 14.76 | 23.78 | 15.68 | 22.12 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202656.86%Promoter
Promoters56.86%1.45
FIIs2.57%0.59
DIIs7.23%0.84
Public33.34%0.02
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Samvardh. Mothe. | ₹156.50 | 36.50 | 1,66,792 | 0.38% | 1,076 | +81.52% | 35,244 | +16.65% | 13.43% |
| Bosch | ₹47,200.00 | 58.91 | 1,39,222 | 0.57% | 706 | +5.20% | 5,842 | +22.00% | 21.54% |
| Bharat Forge | ₹1,720.00 | 83.24 | 84,051 | 0.49% | −90 | −57.72% | 4,640 | +18.71% | 12.61% |
| Uno Minda | ₹1,082.50 | 51.14 | 62,511 | 0.24% | 316 | +1.76% | 5,557 | +23.79% | 19.65% |
| Schaeffler India | ₹3,574.00 | 41.23 | 55,863 | 0.98% | 370 | +20.78% | 3,006 | +27.36% | 27.90% |
| Sona BLW Precis. | ₹890.50 | 68.96 | 55,672 | 0.38% | 197 | +17.84% | 1,377 | +30.28% | 15.11% |
| Tube Investments | ₹2,120.00 | 65.48 | 41,037 | 0.17% | 294 | −15.25% | 6,215 | +17.07% | 17.14% |
| Wheels India | ₹2,037.40 | 28.52 | 5,473 | 0.71% | 60 | +92.30% | 1,711 | +35.36% | 18.83% |
| Median: 131 Co. | ₹431.70 | 27.82 | 1,513 | 0.35% | 12 | +27.66% | 266 | +22.02% | 16.44% |
Filings
Annual reports15
Concall transcripts28
RECOct 2026PPTJul 2026TranscriptMay 2026PPTMay 2026RECMay 2026PPTJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025PPTAug 2025TranscriptMay 2025PPTMay 2025PPTJan 2025TranscriptOct 2024PPTOct 2024RECOct 2024PPTJul 2024TranscriptMay 2024PPTMay 2024RECMay 2024TranscriptNov 2023PPTSep 2023TranscriptJun 2023PPTJun 2023
Credit ratings6
Announcements5
Newspaper Advertisement 30 Oct - Wheels India published board meeting outcome newspaper advertisement under SEBI Regulation 47.Presentation - Conference Call with the Fund Managers, Analysts and Investors on October 29, 2026 30 Oct - Wheels India shared Q2FY27 investor presentation for October 29, 2026 conference call.Recording - Conference Call with the Fund Managers, Analysts and Investors on October 29, 2026 29 Oct - Recording of October 29, 2026 conference call with fund managers, analysts and investors shared.Results Press Release for September 30, 2026 29 Oct - Q2 FY27 net profit rose to Rs 53.4 crore; H1 profit Rs 90.5 crore; Rs 430 crore fund raise completed.Standalone & Consolidated Financial Results, Limited Review Report for September 30, 2026 29 Oct - Board approved Q2 FY27 results and Rs.20 crore investment in JV company on October 29, 2026.






