company background image
WHEELS logo

Wheels India NSEI:WHEELS Stock Report

Last Price

₹573.25

Market Cap

₹14.0b

7D

-4.4%

1Y

14.9%

Updated

18 Apr, 2024

Data

Company Financials

WHEELS Stock Overview

Wheels India Limited, together with its subsidiary, engages in the manufacture and sale of automotive and industrial components in India and internationally.

WHEELS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends5/6

Wheels India Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wheels India
Historical stock prices
Current Share Price₹573.25
52 Week High₹855.00
52 Week Low₹496.10
Beta0.48
1 Month Change0.75%
3 Month Change-16.54%
1 Year Change14.89%
3 Year Change35.83%
5 Year Change-35.62%
Change since IPO942.27%

Recent News & Updates

Recent updates

Wheels India's (NSE:WHEELS) Dividend Is Being Reduced To ₹3.97

Jun 29
Wheels India's (NSE:WHEELS) Dividend Is Being Reduced To ₹3.97

Wheels India's (NSE:WHEELS) Dividend Will Be Reduced To ₹3.97

May 21
Wheels India's (NSE:WHEELS) Dividend Will Be Reduced To ₹3.97

Is Wheels India (NSE:WHEELS) Using Too Much Debt?

Feb 15
Is Wheels India (NSE:WHEELS) Using Too Much Debt?

Capital Allocation Trends At Wheels India (NSE:WHEELS) Aren't Ideal

Oct 22
Capital Allocation Trends At Wheels India (NSE:WHEELS) Aren't Ideal

It's Unlikely That Shareholders Will Increase Wheels India Limited's (NSE:WHEELS) Compensation By Much This Year

Jul 28
It's Unlikely That Shareholders Will Increase Wheels India Limited's (NSE:WHEELS) Compensation By Much This Year

Is Wheels India (NSE:WHEELS) A Risky Investment?

Jul 13
Is Wheels India (NSE:WHEELS) A Risky Investment?

Some Investors May Be Worried About Wheels India's (NSE:WHEELS) Returns On Capital

May 18
Some Investors May Be Worried About Wheels India's (NSE:WHEELS) Returns On Capital

A Look At Wheels India's (NSE:WHEELS) Share Price Returns

Mar 19
A Look At Wheels India's (NSE:WHEELS) Share Price Returns

Investors In Wheels India Limited (NSE:WHEELS) Should Consider This, First

Feb 16
Investors In Wheels India Limited (NSE:WHEELS) Should Consider This, First

Is Wheels India (NSE:WHEELS) A Risky Investment?

Jan 19
Is Wheels India (NSE:WHEELS) A Risky Investment?

Our Take On The Returns On Capital At Wheels India (NSE:WHEELS)

Dec 21
Our Take On The Returns On Capital At Wheels India (NSE:WHEELS)

If You Had Bought Wheels India's (NSE:WHEELS) Shares Three Years Ago You Would Be Down 50%

Nov 23
If You Had Bought Wheels India's (NSE:WHEELS) Shares Three Years Ago You Would Be Down 50%

Shareholder Returns

WHEELSIN Auto ComponentsIN Market
7D-4.4%0.2%-2.5%
1Y14.9%53.1%44.5%

Return vs Industry: WHEELS underperformed the Indian Auto Components industry which returned 53.3% over the past year.

Return vs Market: WHEELS underperformed the Indian Market which returned 45.3% over the past year.

Price Volatility

Is WHEELS's price volatile compared to industry and market?
WHEELS volatility
WHEELS Average Weekly Movement4.6%
Auto Components Industry Average Movement5.8%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.3%

Stable Share Price: WHEELS's share price has been volatile over the past 3 months.

Volatility Over Time: WHEELS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19602,413Srivats Ramwww.wheelsindia.com

Wheels India Limited, together with its subsidiary, engages in the manufacture and sale of automotive and industrial components in India and internationally. It offers steel, cast aluminum, forged aluminum, and wire wheel for use in passenger and light cargo vehicle, trucks, trailers, buses, agriculture and farm equipment, and defense vehicles; off-road vehicles; vehicle chassis and suspensions; wind turbines; fabricated and precision products for construction, mining vehicle, and other equipment; hydraulic cylinders for energy equipment and off-road vehicles. The company was incorporated in 1960 and is headquartered in Chennai, India.

Wheels India Limited Fundamentals Summary

How do Wheels India's earnings and revenue compare to its market cap?
WHEELS fundamental statistics
Market cap₹14.01b
Earnings (TTM)₹493.20m
Revenue (TTM)₹49.68b

28.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WHEELS income statement (TTM)
Revenue₹49.68b
Cost of Revenue₹36.87b
Gross Profit₹12.81b
Other Expenses₹12.31b
Earnings₹493.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)20.19
Gross Margin25.78%
Net Profit Margin0.99%
Debt/Equity Ratio98.4%

How did WHEELS perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

19%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.