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Wheels India Ltd share price logo

Wheels India Ltd

(WHEELS)

₹707.20.34%

as on 04:01PM, 05 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Wheels India Ltd Performance

  • Day's Low

    Day's High

    ₹693.1
    ₹714.7
  • 52 Week's Low

    52 Week's High

    ₹548
    ₹914.95
1 Month Return-0.64 %
3 Month Return-9.33 %
1 Year Return+ 5.31 %
Previous Close₹704.80
Open₹704.00
Volume31.04K
Upper Circuit-
Lower Circuit-
Market Cap₹1,722.04Cr

Wheels India Ltd Key Statistics

P/E Ratio17.82
PEG Ratio0.9
Market Cap₹1,722.04 Cr
P/B Ratio1.84
EPS24.11
Dividend Yield1.24
SectorAuto Ancillaries
ROE9.06

Wheels India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,722.04 Cr2.02%0.74₹58 Cr₹4,977 Cr
NA₹72.30 Cr33.27%0.76₹5 Cr₹90 Cr
NA₹1,495.94 Cr67.91%0.62NANA
NA₹857.65 Cr80.25%0.74NANA
NA₹970.80 Cr1295.17%0.91NANA

About Wheels India Ltd

Wheels India was established by the TVS Group in the early 1960s as a vehicle wheel manufacturing company. With a 35.91 equity stake held by Dunlop Holdings UK, the company has grown into a leading manufacturer of steel wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment. Operating plants in Rampur, Uttar Pradesh, Chennai and Kancheepuram in Tamil Nadu, and Pune in Maharashtra, the company is able to meet two-thirds of the Indian market requirement and export 15% of its turnover to North America, Europe, Asia Pacific and South Africa. An in-house process for manufacturing 3-piece earthmover wheels has been developed which has allowed Wheels India to supply Caterpillar’s European operations. With a successful quality certification of TS 16949:2002 in 2005, the company has increased its production capacity from 7,064,000 numbers to 7,100,000 in the following year. Wheels India is also in experience a technical-financial agreement with Titan Europe and is certified by QS 9000.

Share Price: ₹707.20 per share as on 05 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,722.04Cr as of today
Revenue: ₹1,176.47Cr as on September 2024 (Q3 24)
Net Profit: ₹24.44Cr as on September 2024 (Q3 24)
Listing date: 03 Jan, 1995
Chairperson Name: S Ram
OrganisationWheels India Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Wheels India Ltd

  • Wheels India Reports Strong Profit Growth in Q2 - 29 Oct, 2024

    Wheels India Ltd announced a significant increase in net profit for Q2 2024, reaching Rs 21.92 crore, up 318.32% year-on-year. Despite a decline in net sales, the company plans to double its hydraulics business in the next 2-3 years, committing Rs 225 crore towards capital expenditure.

  • Wheels India Reports Strong Earnings Amid Market Challenges - 28 Oct, 2024

    Wheels India Limited reported a net income increase to ₹240 million in Q2, despite sales declines. The company continues its FY25 capex plan, focusing on non-auto segments, while facing challenges in the commercial vehicle market.

Insights on Wheels India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 28.72% to 29.28% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.16K Cr → 1.17K Cr (in ₹), with an average increase of 0.8% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 23.6 Cr → 24.0 Cr (in ₹), with an average increase of 1.7% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, WHEELS stock has moved up by 0.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 281.2% return, outperforming this stock by 280.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 58.31% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cummins India Ltd has given 101.5% return, outperforming this stock by 96.2%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 10.30% to 10.19% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.81% to 0.42% in Sep 2024 quarter

Wheels India Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,283.78Cr (-)₹1,210.41Cr (↓5.72%)₹1,271.48Cr (↑5.05%)₹1,165.88Cr (↓8.31%)₹1,176.47Cr (↑0.91%)
Net Income₹3.18Cr (-)₹8.75Cr (↑175.16%)₹38.27Cr (↑337.37%)₹23.73Cr (↓37.99%)₹24.44Cr (↑2.99%)
Net Profit Margin0.25% (-)0.72% (↑188.00%)3.01% (↑318.06%)2.04% (↓32.23%)2.08% (↑1.96%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,222.95Cr (-)₹2,734.08Cr (↑22.99%)₹2,811.97Cr (↑2.85%)₹2,868.44Cr (↑2.01%)
Total Liabilities₹1,623.63Cr (-)₹2,058.97Cr (↑26.81%)₹2,078.30Cr (↑0.94%)₹2,074.38Cr (↓0.19%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹158.91Cr (-)₹137.55Cr (↓13.44%)-₹16.41Cr (↓111.93%)₹358.56Cr (↓2,285.01%)₹313.88Cr (↓12.46%)
0

Wheels India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
58.31%
0.00
Foreign Institutions
0.42%
-48.21
Mutual Funds
10.19%
-1.08
Retail Investors
29.28%
1.95
Others
1.81%
-3.14

Wheels India Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)19.670.0530.8321.3824.11
Details20202021202220232024
Return On Equity %9.281.1312.529.069.06
Details20202021202220232024
Return On Assets %2.780.082.81.972.19
Details20202021202220232024
Book Value Per Share (₹)275.86274.6304.94313.79343.74

Wheels India Ltd Valuation

Wheels India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-192.21x)

August 26, 2020

Today (17.82x)

November 4, 2024

Industry (53.75x)

November 4, 2024

Highest (829.14x)

June 3, 2021

LowHigh

Wheels India Ltd Earnings and Dividends

  • Wheels India Ltd Earnings Results

    Wheels India Ltd’s net profit jumped 451.72% since last year same period to ₹24Cr in the Q2 2024-2025. On a quarterly growth basis, Wheels India Ltd has generated 1.69% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Wheels India Ltd Dividends May,2024

    In the quarter ending March 2024, Wheels India Ltd has declared dividend of ₹7.39 - translating a dividend yield of 1.05%.

    Read More about Dividends

Wheels India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Wheels India Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Wheels India Ltd

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Wheels India Ltd (WHEELS) share price today is ₹707.2

Wheels India Ltd is listed on NSE

Wheels India Ltd is listed on BSE

  • Today’s highest price of Wheels India Ltd is ₹714.7.
  • Today’s lowest price of Wheels India Ltd is ₹693.1.

PE Ratio of Wheels India Ltd is 17.82

PE ratio = Wheels India Ltd Market price per share / Wheels India Ltd Earnings per share

Today’s traded volume of Wheels India Ltd(WHEELS) is 31.04K.

Today’s market capitalisation of Wheels India Ltd(WHEELS) is ₹1722.04Cr.

Wheels India Ltd(WHEELSPrice
52 Week High
₹914.95
52 Week Low
₹548

Wheels India Ltd(WHEELS) share price is ₹707.2. It is down -22.71% from its 52 Week High price of ₹914.95

Wheels India Ltd(WHEELS) share price is ₹707.2. It is up 29.05% from its 52 Week Low price of ₹548

Wheels India Ltd(WHEELSReturns
1 Day Returns
2.4%
1 Month Returns
-0.64%
3 Month Returns
-9.33%
1 Year Returns
5.31%