WHEELS INDIA LTD (WHEELS) financials

WHEELS INDIA LTD (WHEELS) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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]

Market Cap: ₹6,551Cr.
Current Price: ₹2,439
Stock P/E: 43.9
ROE: 15.0%
ROCE: 17.9%
Book Value: ₹399
Dividend Yield: 0.60%
52W High / Low: ₹2,500/705

In Jun 2026, WHEELS INDIA LTD (WHEELS) reported sales ₹1,380 Cr and net profit ₹37 Cr.

Annual TTM: sales ₹5,296 Cr, net profit ₹149 Cr.

Shareholding: Promoters 56.86% (Sep 2026), FIIs 2.57% (Sep 2026), DIIs 7.23% (Sep 2026), Public 33.34% (Sep 2026), No. of Shareholders 32,503% (Sep 2026).

WHEELS quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,084	1,057	1,192	1,183	1,173	1,280	1,462	1,380
Expenses	1,008	978	1,095	1,098	1,089	1,190	1,345	1,278
Operating Profit	76	79	97	85	84	91	117	102
OPM %	7%	7%	8%	7%	7%	7%	8%	7%
Other Income	1	1	3	4	6	7	9	6
Interest	28	28	28	29	28	28	27	27
Depreciation	21	22	23	25	25	27	30	31
Profit before tax	29	30	48	36	37	43	70	50
Tax %	25%	25%	26%	26%	25%	25%	25%	26%
Net Profit	22	23	36	26	28	32	52	37
EPS in Rs	8.97	9.24	14.73	10.82	11.37	13.12	21.41	15.16
Raw PDF	—	—	—	—	—	—	—	—

WHEELS profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	2,429	2,212	3,687	4,321	4,607	4,415	5,098	5,296
Expenses	2,262	2,073	3,436	4,099	4,343	4,089	4,721	4,901
Operating Profit	166	139	250	223	264	327	378	395
OPM %	7%	6%	7%	5%	6%	7%	7%	7%
Other Income	10	4	14	24	12	10	26	28
Interest	62	53	63	96	108	110	112	110
Depreciation	70	81	95	68	79	86	107	113
Profit before tax	45	10	107	82	89	141	185	200
Tax %	-21%	31%	25%	24%	24%	25%	25%	—
Net Profit	54	7	80	62	68	106	139	149
EPS in Rs	22.49	2.80	33.16	25.96	27.78	43.32	56.71	61.06
Dividend Payout %	25%	36%	25%	27%	27%	27%	25%	—

WHEELS balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	24	24	24	24	24	24	24	24
Reserves	545	573	575	651	680	770	847	950
Borrowings	453	584	630	838	776	727	716	753
Other Liabilities	781	580	989	1,216	1,325	1,341	1,420	1,568
Total Liabilities	1,803	1,762	2,218	2,729	2,805	2,861	3,008	3,296
Fixed Assets	600	648	783	772	933	978	1,174	1,386
CWIP	42	134	43	85	70	75	46	63
Investments	17	17	17	14	9	12	24	49
Other Assets	1,144	963	1,376	1,857	1,793	1,796	1,763	1,797
Total Assets	1,803	1,762	2,218	2,729	2,805	2,861	3,008	3,296

WHEELS cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	175	159	138	-16	359	314	400	464
Cash from Investing Activity	-183	-199	-110	-116	-145	-141	-255	-277
Cash from Financing Activity	-0	52	-27	122	-210	-140	-146	-176
Net Cash Flow	-8	12	1	-10	4	33	-0	11
Free Cash Flow	-11	-42	26	-133	211	173	151	205
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	85%	103%	92%	4%	166%	129%	126%	132%

WHEELS shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	58.31%	58.31%	58.31%	58.31%	58.31%	58.31%	58.31%	56.86%
FIIs	0.34%	0.38%	0.57%	1.08%	1.18%	1.15%	1.98%	2.57%
DIIs	11.68%	11.68%	11.64%	10.68%	9.81%	9.64%	6.39%	7.23%
Public	29.67%	29.63%	29.48%	29.93%	30.70%	30.91%	33.32%	33.34%
No. of Shareholders	23,193	23,657	22,873	22,558	22,678	22,677	29,271	32,503

WHEELS key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	64	69	117	86	64	57	66	57
Inventory Days	66	85	122	105	99	93	88	75
Days Payable	96	96	190	131	119	117	132	127
Cash Conversion Cycle	34	57	49	60	44	34	22	4
Working Capital Days	12	9	17	7	-4	0	-4	-13
ROCE %	18%	10%	5%	12%	12%	13%	16%	18%

WHEELSUpdated 16 Oct 2026, 12:00

Wheels India Ltd

WHEELSUpdated 16 Oct 2026, 12:00

Market Cap

₹6,551Cr.

Current Price

₹2,439

High / Low

₹2,500/705

Stock P/E

43.9

ROE15.0%

ROCE17.9%

Book Value₹399

Face Value₹10.0

Dividend Yield0.60%

About

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]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	1128	28	1069	5	19	17	22	13	5.49
Sep 2023	1184	27	1136	5	20	6	19	5	2.14
Dec 2023	1130	27	1069	1	20	16	23	13	5.15
Mar 2024	1164	27	1071	3	20	49	25	37	15.07
Jun 2024	1083	26	1009	6	21	33	23	25	10.38
Sep 2024	1084	28	1008	1	21	29	25	22	8.97
Dec 2024	1057	28	978	1	22	30	25	23	9.24
Mar 2025	1192	28	1095	3	23	48	26	36	14.73
Jun 2025	1183	29	1098	4	25	36	26	26	10.82
Sep 2025	1173	28	1089	6	25	37	25	28	11.37
Dec 2025	1280	28	1190	7	27	43	25	32	13.12
Mar 2026	1462	27	1345	9	30	70	25	52	21.41
Jun 2026	1380	27	1278	6	31	50	26	37	15.16

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1980	59	1830	3	54	40	25	30	12.34
Mar 2016	1987	58	1815	2	60	56	29	40	16.59
Mar 2017	2173	48	1987	3	64	77	24	58	24.22
Mar 2018	2460	45	2269	22	67	101	29	72	29.78
Mar 2019	3181	62	2948	8	70	108	30	76	31.44
Mar 2020	2429	62	2262	10	70	45	-21	54	22.49
Mar 2021	2212	53	2073	4	81	10	31	7	2.8
Mar 2022	3687	63	3436	14	95	107	25	80	33.16
Mar 2023	4321	96	4099	24	68	82	24	62	25.96
Mar 2024	4607	108	4343	12	79	89	24	68	27.78
Mar 2025	4415	110	4089	10	86	141	25	106	43.32
Mar 2026	5098	112	4721	26	107	185	25	139	56.71
TTM	5296	110	4901	28	113	200	—	149	61.06

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	56.86%
FIIs	2.57%
DIIs	7.23%
Public	33.34%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	58.31%	0.19%	18.32%	23.18%
Mar 2024	58.31%	0.29%	13.13%	28.27%
Jun 2024	58.31%	0.81%	12.16%	28.72%
Sep 2024	58.31%	0.42%	11.99%	29.28%
Dec 2024	58.31%	0.34%	11.68%	29.67%
Mar 2025	58.31%	0.38%	11.68%	29.63%
Jun 2025	58.31%	0.57%	11.64%	29.48%
Sep 2025	58.31%	1.08%	10.68%	29.93%
Dec 2025	58.31%	1.18%	9.81%	30.7%
Mar 2026	58.31%	1.15%	9.64%	30.91%
Jun 2026	58.31%	1.98%	6.39%	33.32%
Sep 2026	56.86%	2.57%	7.23%	33.34%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	12	369	389	473	1244	510	12	16	706	1244
Mar 2016	12	402	386	495	1295	518	17	17	743	1295
Mar 2017	12	450	369	532	1362	526	22	12	802	1362
Mar 2018	12	503	359	650	1524	491	36	16	980	1524
Mar 2019	24	545	453	781	1803	600	42	17	1144	1803
Mar 2020	24	573	584	580	1762	648	134	17	963	1762
Mar 2021	24	575	630	989	2218	783	43	17	1376	2218
Mar 2022	24	651	838	1216	2729	772	85	14	1857	2729
Mar 2023	24	680	776	1325	2805	933	70	9	1793	2805
Mar 2024	24	770	727	1341	2861	978	75	12	1796	2861
Mar 2025	24	847	716	1420	3008	1174	46	24	1763	3008
Mar 2026	24	950	753	1568	3296	1386	63	49	1797	3296

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	84	-66	-14	4
Mar 2016	148	-69	-82	-2
Mar 2017	155	-75	-75	5
Mar 2018	117	-40	-74	3
Mar 2019	175	-183	0	-8
Mar 2020	159	-199	52	12
Mar 2021	138	-110	-27	1
Mar 2022	-16	-116	122	-10
Mar 2023	359	-145	-210	4
Mar 2024	314	-141	-140	33
Mar 2025	400	-255	-146	0
Mar 2026	464	-277	-176	11

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	68	64	73	71	64	69	117	86	64	57	66	57
Inventory Days	65	84	71	76	66	85	122	105	99	93	88	75
Days Payable	98	104	108	102	96	96	190	131	119	117	132	127
Cash Conversion Cycle	35	44	37	44	34	57	49	60	44	34	22	4
Working Capital Days	5	15	10	20	12	9	17	7	-4	0	-4	-13
ROCE %	13%	14%	15%	16%	18%	10%	5%	12%	12%	13%	16%	18%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of WHEELS INDIA LTD (WHEELS)?

The reported market capitalisation for WHEELS INDIA LTD (WHEELS) is ₹6,551Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of WHEELS?

The current price shown for WHEELS INDIA LTD (WHEELS) on Fincrux is ₹2,439 with a 52-week high/low of ₹2,500/705.

What is the P/E ratio of WHEELS INDIA LTD (WHEELS)?

The stock P/E for WHEELS INDIA LTD (WHEELS) is 43.9 on Fincrux, with ROE at 15.0% and ROCE at 17.9%.

What were WHEELS latest quarterly results?

For Jun 2026, WHEELS INDIA LTD (WHEELS) reported sales ₹1,380 Cr and net profit ₹37 Cr (figures in ₹ crore unless noted).

What are WHEELS annual sales and net profit?

For TTM, WHEELS INDIA LTD (WHEELS) shows sales of ₹5,296 Cr and net profit of ₹149 Cr on the Fincrux profit & loss statement.

Who owns WHEELS INDIA LTD (WHEELS)?

Latest shareholding for WHEELS INDIA LTD (WHEELS) on Fincrux: Promoters 56.86% (Sep 2026), FIIs 2.57% (Sep 2026), DIIs 7.23% (Sep 2026), Public 33.34% (Sep 2026), No. of Shareholders 32,503% (Sep 2026).

Where can I find WHEELS INDIA LTD (WHEELS) financials?

WHEELS INDIA LTD (WHEELS) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show WHEELS balance sheet and cash flow?

Yes. The WHEELS INDIA LTD (WHEELS) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 16 October 2026 at 12:00