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Wheels India

  • Market Cap: Small Cap
  • Industry: Auto Ancillary
  • ISIN: INE715A01015
  • NSEID: WHEELS
  • BSEID: 590073
INR
627.05
8.95 (1.45%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 6.98 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

6.98 k (-79.29%) Volume

Shareholding (Dec 2024)

FII

0.34%

Held by 14 FIIs

DII

11.68%

Held by 11 DIIs

Promoter

58.31%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 8.91%

  • Poor long term growth as Net Sales has grown by an annual rate of 9.55% and Operating profit at 15.32% over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.72 times
2

Stock is technically in a Bearish range

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 1,532 Cr (Small Cap)

stock-summary
P/E

14.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

1.91%

stock-summary
Debt Equity

0.84

stock-summary
Return on Equity

11.12%

stock-summary
Price to Book

1.74

Revenue and Profits (1 Year):
Net Sales:
1,125 Cr
(Quarterly Results - Dec 2024)
Net Profit:
25 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.91%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-15.78%
0.62%
-15.16%
1 Year
4.54%
1.99%
6.53%
2 Years
22.53%
2.94%
25.47%
3 Years
4.06%
4.90%
8.96%
4 Years
38.8%
5.83%
44.63%
5 Years
85.35%
8.18%
93.53%

Latest dividend: 4.5 per share ex-dividend date: Feb-03-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
9.55%
EBIT Growth (5y)
15.32%
EBIT to Interest (avg)
1.51
Debt to EBITDA (avg)
3.70
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.53
Tax Ratio
24.20%
Dividend Payout Ratio
28.76%
Pledged Shares
0
Institutional Holding
12.02%
ROCE (avg)
8.64%
ROE (avg)
7.30%
Valuation key factors
Factor
Value
P/E Ratio
14
Industry P/E
28
Price to Book Value
1.74
EV to EBIT
8.81
EV to EBITDA
6.49
EV to Capital Employed
1.40
EV to Sales
0.47
PEG Ratio
0.10
Dividend Yield
1.91%
ROCE (Latest)
14.51%
ROE (Latest)
11.12%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 2 Schemes (10.12%)

FIIs

Held by 14 FIIs (0.34%)

Promoter with highest holding

Trichur Sundaram Santhanam &fly P Ltd (29.86%)

Highest Public shareholder

Nippon Life India Trustee Ltd (5.32%)

Individual Investors Holdings

19.1%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -4.39% vs 0.91% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 2.45% vs 3.56% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,124.86",
          "val2": "1,176.48",
          "chgp": "-4.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "85.12",
          "val2": "83.46",
          "chgp": "1.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "30.94",
          "val2": "30.76",
          "chgp": "0.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "25.04",
          "val2": "24.44",
          "chgp": "2.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.57%",
          "val2": "7.09%",
          "chgp": "0.48%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -6.13% vs 7.96% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 236.70% vs -32.76% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,342.35",
          "val2": "2,495.41",
          "chgp": "-6.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "162.93",
          "val2": "106.19",
          "chgp": "53.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "60.23",
          "val2": "61.44",
          "chgp": "-1.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "47.61",
          "val2": "14.14",
          "chgp": "236.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.96%",
          "val2": "4.26%",
          "chgp": "2.70%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -6.44% vs 9.34% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 199.46% vs -26.51% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,467.21",
          "val2": "3,705.82",
          "chgp": "-6.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "248.05",
          "val2": "166.36",
          "chgp": "49.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "91.17",
          "val2": "91.88",
          "chgp": "-0.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "72.65",
          "val2": "24.26",
          "chgp": "199.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.15%",
          "val2": "4.49%",
          "chgp": "2.66%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 7.26% vs 16.99% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 13.41% vs -27.62% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,977.30",
          "val2": "4,640.25",
          "chgp": "7.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "265.87",
          "val2": "220.61",
          "chgp": "20.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "122.50",
          "val2": "106.43",
          "chgp": "15.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "62.77",
          "val2": "55.35",
          "chgp": "13.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.34%",
          "val2": "4.75%",
          "chgp": "0.59%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
1,124.86
1,176.48
-4.39%
Operating Profit (PBDIT) excl Other Income
85.12
83.46
1.99%
Interest
30.94
30.76
0.59%
Exceptional Items
0.00
0.00
Consolidate Net Profit
25.04
24.44
2.45%
Operating Profit Margin (Excl OI)
7.57%
7.09%
0.48%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -4.39% vs 0.91% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 2.45% vs 3.56% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,342.35
2,495.41
-6.13%
Operating Profit (PBDIT) excl Other Income
162.93
106.19
53.43%
Interest
60.23
61.44
-1.97%
Exceptional Items
0.00
0.00
Consolidate Net Profit
47.61
14.14
236.70%
Operating Profit Margin (Excl OI)
6.96%
4.26%
2.70%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -6.13% vs 7.96% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 236.70% vs -32.76% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,467.21
3,705.82
-6.44%
Operating Profit (PBDIT) excl Other Income
248.05
166.36
49.10%
Interest
91.17
91.88
-0.77%
Exceptional Items
0.00
0.00
Consolidate Net Profit
72.65
24.26
199.46%
Operating Profit Margin (Excl OI)
7.15%
4.49%
2.66%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -6.44% vs 9.34% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 199.46% vs -26.51% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
4,977.30
4,640.25
7.26%
Operating Profit (PBDIT) excl Other Income
265.87
220.61
20.52%
Interest
122.50
106.43
15.10%
Exceptional Items
0.00
0.00
Consolidate Net Profit
62.77
55.35
13.41%
Operating Profit Margin (Excl OI)
5.34%
4.75%
0.59%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 7.26% vs 16.99% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 13.41% vs -27.62% in Mar 2023

stock-summaryCompany CV
About Wheels India Ltd. stock-summary
stock-summary
Wheels India Ltd.
Small Cap
Auto Ancillary
Wheels India Ltd, promoted by the TVS Group Company was started in early 60's to manufacture automobile wheels. The Company is among the world's largest manufacturers of steel, aluminum, and wire wheels. Since the establishment of the organization in 1960, it has consistently enhanced their engineering capabilities to build and deliver world-class products.
Company Coordinates stock-summary
Company Details
21 Patullos Road , Chennai Tamil Nadu : 600002
stock-summary
Tel: 91-44-26258511
stock-summary
investorservices@wheelsindia.com
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai