Wheels India Limited
Wheels India Limited (WHEELS): company summary
Wheels India's business improved, with annual revenue rising 15.2% and annual net profit rising 41.1%.
Wheels India Limited (WHEELS) is a small-cap Automobile and Auto Components company valued at ₹5,976 crore operating in Auto Components & Equipments on the NSE and BSE.
- Recent price move
- Wheels India Limited last traded at ₹2,435, modestly up 1.48% on the day.
- Recent developments
- On 2026-07-10, Wheels India's board approved fundraising plans of up to ₹400 crore through equity shares or equity-linked instruments. On 2026-07-01, the CMD noted growing penetration of EVs driving the company's air suspension business and expressed optimism about growth in the wind mill industry for FY27.
- Financial performance
- Wheels India's business improved, with annual revenue rising 15.2% and annual net profit rising 41.1%. The latest quarter saw revenue rise 17.8% and net profit rise 25.8% compared to the same quarter a year earlier. The net profit margin widened by 0.5 percentage points to 2.9%, while return on equity remained at 15.8%.
- Valuation multiples
- The stock trades at 77.7 times earnings, 5.42 times book value. It yields 0.6%.
- Things to watch
- The stock is 7.4% below its 52-week high. Promoter holding remained at 58.31% as of 2026-06-30. The company raised ₹9.14 per share in dividends in June 2026 and ₹5.30 per share in February 2026.
- Where it stands
- Wheels India's latest quarter net profit was ₹39 crore, up 25.8% from the same quarter a year earlier. The company's latest quarter revenue was ₹1,491 crore, up 17.8% from the same quarter a year earlier.
Summarised by DocStoX's model on 2026-09-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by growth (9.3) and momentum (7.5), but held back by valuation (0.0). Growth looks strong at 9.3, but that is offset by valuation at 0.0. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Profit compounding 46% a year
- Profitable in all of the last 5 years
- Revenue compounding 18% a year
- Valuation is weak (0.0/10)
- Expensive at 78× earnings
Growth
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About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Wheels India Limited peers in Automobile and Auto Components
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