Wheels India Ltd
WHEELSWheels India Ltd
WHEELS
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
HighStrong financials and growth story over the years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 19.28 | 2.19 | 0.97% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 39.71 | 6.90 | 0.71% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Wheels India Limited manufactures steel wheel for cars, utility vehicles, commercial vehicles and also manufactures air suspension kits for trucks and buses.
Peers
Compare with peersSamvardhana Motherson International Ltd
Bosch Ltd
UNO Minda Ltd
Schaeffler India Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,989.10 | 2,176.93 | 2,585.24 | 3,448.84 | 2,679.64 | 2,415.73 | 3,982.12 | 4,666.31 | 4,993.69 | 4,838.44 | ||||||||||
Raw Materials | 1,321.40 | 1,423.81 | 1,766.99 | 2,494.23 | 1,821.17 | 1,697.43 | 3,044.73 | 3,459.53 | 3,588.29 | 4,503.78 | ||||||||||
| Power & Fuel Cost | 93.73 | 89.89 | 104.98 | 140.83 | 102.05 | 101.79 | 151.43 | 170.16 | 179.99 | |||||||||||
| Employee Cost | 231.82 | 252.73 | 272.24 | 339.20 | 310.24 | 299.51 | 379.05 | 456.76 | 512.99 | |||||||||||
| Selling & Administrative Expenses | 51.28 | 51.77 | 68.54 | 90.63 | 66.62 | 55.20 | 75.84 | 97.50 | 101.45 | |||||||||||
| Operating & Other expenses | 116.51 | 168.95 | 151.23 | 131.14 | 199.59 | 116.53 | 60.82 | 235.70 | 328.71 | |||||||||||
EBITDA | 174.36 | 189.78 | 221.26 | 252.81 | 179.97 | 145.27 | 270.25 | 246.66 | 282.26 | 334.66 | ||||||||||
| Depreciation/Amortization | 60.45 | 63.92 | 70.45 | 78.65 | 77.92 | 85.60 | 100.96 | 74.37 | 84.91 | 88.40 | ||||||||||
| PBIT | 113.91 | 125.86 | 150.81 | 174.16 | 102.05 | 59.67 | 169.29 | 172.29 | 197.35 | 246.26 | ||||||||||
| Interest & Other Items | 57.58 | 48.16 | 44.86 | 65.91 | 66.52 | 58.87 | 71.49 | 106.43 | 122.50 | 121.29 | ||||||||||
| PBT | 56.33 | 77.70 | 105.95 | 108.25 | 35.53 | 0.80 | 97.80 | 65.86 | 74.85 | 124.97 | ||||||||||
| Taxes & Other Items | 15.20 | 18.46 | 30.87 | 31.74 | -13.53 | -1.02 | 21.33 | 10.51 | 12.08 | 28.74 | ||||||||||
| Net Income | 41.13 | 59.24 | 75.08 | 76.51 | 49.06 | 1.82 | 76.47 | 55.35 | 62.77 | 96.23 | ||||||||||
| EPS | 17.09 | 24.62 | 31.20 | 31.79 | 20.39 | 0.76 | 31.78 | 23.00 | 25.89 | 39.39 | ||||||||||
| DPS | 4.50 | 6.50 | 7.50 | 8.00 | 5.65 | 1.00 | 8.30 | 6.97 | 7.39 | 7.39 | ||||||||||
| Payout ratio | 0.26 | 0.26 | 0.24 | 0.25 | 0.28 | 1.32 | 0.26 | 0.30 | 0.29 | 0.19 |
Company Updates
Annual report
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PDFPeers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Wheels India Ltd | 29.56 | 2.19 | 0.97% |
| Samvardhana Motherson International Ltd | 43.34 | 4.17 | 0.46% |
| Bosch Ltd | 42.53 | 8.79 | 1.04% |
| UNO Minda Ltd | 69.93 | 11.69 | 0.19% |
Price Comparison
Compare WHEELS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 3 Mutual Funds holding Wheels India Ltd
| Funds (Top 3) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.0505% | Percentage of the fund’s portfolio invested in the stock 0.60% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 30/67 (0) |
HDFC Multi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.9142% | Percentage of the fund’s portfolio invested in the stock 0.42% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 85/221 (-10) |
HDFC Capital Builder Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6521% | Percentage of the fund’s portfolio invested in the stock 0.16% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 91/98 (-9) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.97%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.73 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 10, 2024
Dividend/Share
₹7.39
Ex DateEx Date
Jul 10, 2024
Cash Dividend
Ex DateEx DateJul 12, 2023
Dividend/Share
₹3.97
Ex DateEx Date
Jul 12, 2023
Cash Dividend
Ex DateEx DateFeb 14, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Feb 14, 2023
Cash Dividend
Ex DateEx DateJul 5, 2022
Dividend/Share
₹8.30
Ex DateEx Date
Jul 5, 2022
Cash Dividend
Ex DateEx DateJul 27, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Jul 27, 2021
Net profit of Wheels India rose 451.72% to Rs 24.00 crore in the quarter ended September 2024 as against Rs 4.35 crore during the previous quarter ended September 2023. Sales declined 8.36% to Rs 1176.47 crore in the quarter ended September 2024 as against Rs 1283.78 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1176.471283.78 -8 OPM %7.093.72 - PBDT55.1324.08 129 PBT32.452.83 1047 NP24.004.35 452 Powered by Capital Market - Live
Wheels India will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
Wheels India announced that Sreenivasan Prasad (DIN:00063667) and Aroon Raman (DIN:00201205) cease to be the Independent Directors of the Company w.e.f. 08 September 2024. Powered by Capital Market - Live
Wheels India records strong net profit of Rs 25cr in Q1 due to cost control
Wheels India Q1: Net profit ₹25.37 crore
Wheels India consolidated net profit rises 141.06% in the June 2024 quarter
Net profit of Wheels India rose 141.06% to Rs 23.60 crore in the quarter ended June 2024 as against Rs 9.79 crore during the previous quarter ended June 2023. Sales declined 3.78% to Rs 1165.88 crore in the quarter ended June 2024 as against Rs 1211.63 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1165.881211.63 -4 OPM %6.824.82 - PBDT54.0031.44 72 PBT31.4710.97 187 NP23.609.79 141 Powered by Capital Market - Live
Wheels India will hold a meeting of the Board of Directors of the Company on 29 July 2024.Powered by Capital Market - Live
Wheels India plans ₹225 crore FY25 capex
Wheels India plans ₹225 cr capex for FY25, to set up European subsidiary
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 7.68%, vs industry avg of 8.46%
Decreasing Market Share
Over the last 5 years, market share decreased from 1.57% to 1.54%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -3.88%, vs industry avg of 10.9%