Wheels India Limited

NSEI:WHEELS Stock Report

Market Cap: ₹17.0b

Wheels India Management

Management criteria checks 3/4

Wheels India's CEO is Srivats Ram, appointed in May 2013, has a tenure of 11.58 years. total yearly compensation is ₹48.96M, comprised of 51.8% salary and 48.2% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth ₹77.75M. The average tenure of the management team and the board of directors is 7.1 years and 6.1 years respectively.

Key information

Srivats Ram

Chief executive officer

₹49.0m

Total compensation

CEO salary percentage51.8%
CEO tenure11.6yrs
CEO ownership0.5%
Management average tenure7.1yrs
Board average tenure6.1yrs

Recent management updates

We Think Some Shareholders May Hesitate To Increase Wheels India Limited's (NSE:WHEELS) CEO Compensation

Jul 12
We Think Some Shareholders May Hesitate To Increase Wheels India Limited's (NSE:WHEELS) CEO Compensation

Recent updates

We Think Some Shareholders May Hesitate To Increase Wheels India Limited's (NSE:WHEELS) CEO Compensation

Jul 12
We Think Some Shareholders May Hesitate To Increase Wheels India Limited's (NSE:WHEELS) CEO Compensation

Wheels India Limited (NSE:WHEELS) Stock Rockets 26% But Many Are Still Ignoring The Company

May 26
Wheels India Limited (NSE:WHEELS) Stock Rockets 26% But Many Are Still Ignoring The Company

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%

CEO Compensation Analysis

How has Srivats Ram's remuneration changed compared to Wheels India's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹962m

Jun 30 2024n/an/a

₹766m

Mar 31 2024₹49m₹25m

₹628m

Dec 31 2023n/an/a

₹493m

Sep 30 2023n/an/a

₹512m

Jun 30 2023n/an/a

₹578m

Mar 31 2023₹44m₹23m

₹554m

Dec 31 2022n/an/a

₹606m

Sep 30 2022n/an/a

₹682m

Jun 30 2022n/an/a

₹769m

Mar 31 2022₹46m₹20m

₹765m

Dec 31 2021n/an/a

₹763m

Sep 30 2021n/an/a

₹690m

Jun 30 2021n/an/a

₹553m

Mar 31 2021₹13m₹11m

₹18m

Dec 31 2020n/an/a

-₹213m

Sep 30 2020n/an/a

-₹249m

Jun 30 2020n/an/a

-₹59m

Mar 31 2020₹22m₹17m

₹491m

Dec 31 2019n/an/a

₹654m

Sep 30 2019n/an/a

₹704m

Jun 30 2019n/an/a

₹683m

Mar 31 2019₹39m₹14m

₹765m

Mar 31 2018₹30m₹10m

₹751m

Compensation vs Market: Srivats's total compensation ($USD573.32K) is above average for companies of similar size in the Indian market ($USD177.69K).

Compensation vs Earnings: Srivats's compensation has been consistent with company performance over the past year.

CEO

Srivats Ram (54 yo)

11.6yrs

Tenure

₹48,960,000

Compensation

Mr. Srivats Ram serves as Non-Executive & Non-Independent Director of Sundaram Finance Limited since March 28, 2022. He has been Managing Director of Wheels India Limited since May 1, 2013. Mr. Ram has wor...

Leadership Team

NamePositionTenureCompensationOwnership
Srivats Ram
MD & Executive Director11.6yrs₹48.96m0.46%
₹ 77.8m
P Ramesh
Chief Financial Officer2.1yrsno datano data
K. Lakshmi
Compliance Officer & Company Secretary7.1yrs₹1.54mno data
Sanjay Pande
SVP & Head of Sales and Marketingno datano datano data
D Babu
Vice President of Human Resources Departmentno datano datano data
S Suresh
President of Non-Automotiveno datano datano data
Murali Vaidyanathan
President of Automotiveno datano datano data
T A Barathi
Senior Vice President of Supply Chain Managementno datano datano data

7.1yrs

Average Tenure

Experienced Management: WHEELS's management team is seasoned and experienced (7.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Srivats Ram
MD & Executive Director24.2yrs₹48.96m0.46%
₹ 77.8m
Santhanam Viji
Non-Executive Non-Independent Director38.4yrs₹210.00k0.0022%
₹ 375.3k
Santhanam Ram
Non-Executive Chairman50.6yrs₹7.27m0.20%
₹ 34.5m
M. P. Kumar
Additional Independent Directorless than a yearno datano data
Rishikesha Krishnan
Independent Non-Executive Director5.1yrs₹490.00kno data
Sumithra Gomatam
Non-Executive Independent Director5.7yrs₹435.00kno data
Ragavendra Rao
Non-Executive Independent Director6.1yrs₹940.00kno data

6.1yrs

Average Tenure

60yo

Average Age

Experienced Board: WHEELS's board of directors are considered experienced (6.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 20:37
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wheels India Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kameswari V. S. ChavaliFirstCall Research
Vijay MadunalaFirstCall Research