Wheels India Limited
Wheels India Limited operates in Auto Components & Equipments, part of the Consumer Discretionary sector. It booked ₹1,711 cr of revenue in its latest quarter (Q2 FY27) and kept 3.5% of sales as profit.
| Segment | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|
| Automotive | 3,250 | 3,038 | 4,153 | 3,903 | 4,526 | 82% → 83% |
| Industrial | 717 | 547 | 820 | 841 | 939 | 18% → 17% |
| Total | 3,966 | 3,585 | 4,973 | 4,744 | 5,465 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“The company is a leading supplier of bus air suspension systems in the country and has a business supplying lift axle suspension system to truck manufacturers.”
Healthier than 63% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 178–428 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 53
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in WHEELS?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹1,711 cr |
| Other Income | ₹12 cr |
| Total Income | ₹1,723 cr |
| Cost of Materials | ₹1,239 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Inventory Change (±) | ₹-49 cr |
| Employee Benefit Expense | ₹179 cr |
| Finance Costs | ₹31 cr |
| Depreciation & Amortisation | ₹34 cr |
| Other Expenses | ₹214 cr |
| Total Expenses | ₹1,647 cr |
| Profit before Tax | ₹76 cr |
| Tax Expense | ₹19 cr |
| Share of JV / Associates | ₹4 cr |
| Net Profit | ₹60 cr |
| Net margin on total income | 3.5% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 1,564 cr | 1,491 cr | 1,711 cr |
| Total income | 1,573 cr | 1,493 cr | 1,723 cr |
| Expenses | 1,499 cr | 1,441 cr | 1,647 cr |
| Profit before tax | 74 cr | 52 cr | 76 cr |
| Tax | 19 cr | 16 cr | 19 cr |
| Net profit (owners' share) | 59 cr | 39 cr | 60 cr |
| Net margin (owners' share, on revenue) | 3.8% | 2.6% | 3.5% |
| EPS (₹) | 23.78 | 15.68 | 24.21 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Samvardhana Motherson International Limited | ₹160 | ₹1.69 L cr | 40.8 | 10.1% | 2.9% | — |
| Bosch Limited | ₹49,645 | ₹1.46 L cr | 51.8 | 19.0% | 12.1% | — |
| Bharat Forge Limited | ₹1,777 | ₹84,979 cr | — | -3.8% | -1.9% | — |
| UNO Minda Limited | ₹1,125 | ₹64,934 cr | 54.9 | 17.3% | 5.3% | — |
| Sona BLW Precision Forgings Limited | ₹900 | ₹56,172 cr | 62.8 | 13.9% | 14.4% | — |
| Schaeffler India Limited | ₹3,525 | ₹55,091 cr | 39.5 | 22.7% | 11.3% | — |
| Tube Investments of India Limited | ₹2,190 | ₹42,398 cr | 62.9 | 8.7% | 2.7% | — |
| Endurance Technologies Limited | ₹2,410 | ₹33,898 cr | 34.7 | 14.3% | 5.7% | — |
| Exide Industries Limited | ₹346 | ₹29,431 cr | 21.0 | 10.1% | 6.3% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹9.14 / share | 24 Jun 2026 |
| Dividend | ₹5.3 / share | 5 Feb 2026 |
| Dividend | ₹7.03 / share | 10 Jul 2025 |
| Dividend | ₹4.5 / share | 3 Feb 2025 |
| Dividend | ₹7.39 / share | 10 Jul 2024 |
| Dividend | ₹3.97 / share | 12 Jul 2023 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
The company has not broken this money down into purposes in its filing for Sep 2026, so there is nothing to measure it against yet. M/s India Rating and Research Private Limited watches the spending on the exchange’s behalf.
The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.
The company has not broken this money down into purposes in its filing for Sep 2026, so there is nothing to measure it against yet. M/s India Rating and Research Private Limited watches the spending on the exchange’s behalf.
The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing