Wheels India Ltd Performance
Day's Low
Day's High
₹700₹743.152 Week's Low
52 Week's High
₹548₹914.95
| Returns % | |
| 1 Month Return | -6.8 % |
| 3 Month Return | -18.7 % |
| 1 Year Return | -4.1 % |
| Market Stats | |
| Previous Close | ₹732.95 |
| Open | ₹739.05 |
| Volume | 38.26K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,790.82Cr |
Wheels India Ltd Key Statistics
| P/E Ratio | 23.39 |
| PEG Ratio | 2.71 |
| Market Cap | ₹1,790.82 Cr |
| P/B Ratio | 1.84 |
| EPS | 24.11 |
| Dividend Yield | 1.24 |
| Sector | Auto Ancillaries |
| ROE | 9.06 |
Wheels India Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹1,790.82 Cr | 4.03% | 0.74 | ₹58 Cr | ₹4,977 Cr | |
| NA | ₹1,077.74 Cr | 40.73% | 0.73 | ₹32 Cr | ₹2,292 Cr | |
| NA | ₹1,911.62 Cr | 536.58% | 0.57 | ₹38 Cr | ₹601 Cr | |
| NA | ₹169.62 Cr | -2.75% | 0.75 | -₹136 Cr | ₹629 Cr | |
| NA | ₹117.81 Cr | 86.8% | 0.83 | NA | NA |
About Wheels India Ltd
Share Price: ₹709.35 per share as on 07 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,790.82Cr as of today
Revenue: ₹1,165.88Cr as on June 2024 (Q2 24)
Net Profit: ₹23.73Cr as on June 2024 (Q2 24)
Listing date: 03 Jan, 1995
Chairperson Name: S Ram
| Organisation | Wheels India Ltd |
| Headquarters | |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for Wheels India Ltd
Wheels India Reports Q1 Results - 30 Jul, 2024
Wheels India Ltd reported a quarterly net profit of Rs. 25.37 crore for Q1 2024, up 90.75% YoY, while net sales were down 3.69% YoY to Rs. 1,082.58 crore.
Wheels India Q1 Net Profit Jumps to Rs 25.37 Crore - 29 Jul, 2024
Wheels India reported a net profit of Rs 25.37 crore for Q1 FY2022-23, up from Rs 13.22 crore in the same period last year. The company has a capital expenditure plan of Rs 225 crore aimed at expanding its businesses and increasing production of aluminium wheels. While overall growth prospects are muted, Wheels India expects growth in hydraulic cylinder and cast aluminium wheel business in H2.
Wheels India's Hydraulic Cylinder Business Shows Significant Growth and Profitability - 17 Jul, 2024
Following its merger with Sundaram Hydraulics, Wheels India's hydraulic cylinder business has shown significant growth and profitability. The company plans to increase aluminum wheels production significantly with a capital expenditure of Rs 225 crore planned for this financial year. For FY24, the company reported a net profit of Rs 68 crore, with revenues reaching Rs 4,619 crore.
Wheels India Ltd to go ex-dividend in four days - 04 Jul, 2024
Wheels India Ltd is set to pay a dividend of ₹7.39 per share, with a trailing yield of around 0.9%. The company pays out a modest 29% of its earnings and 5.4% of its free cash flow as dividends, which suggests the dividend is sustainable. However, the company's earnings per share have been shrinking at 4.2% annually over the previous five years.
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.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 0.29% to 0.81% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 28.27% to 28.72% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 58.31% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Samvardhana Motherson International Ltd has given 122.1% return, outperforming this stock by 126.2%
- NO EFFECT
Against Peers
In the last 3 years, Cummins India Ltd has given 304.0% return, outperforming this stock by 309.0%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 11.51% to 10.30% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 38.51 Cr → 23.6 Cr (in ₹), with an average decrease of 38.7% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.27K Cr → 1.16K Cr (in ₹), with an average decrease of 8.4% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, WHEELS stock has moved down by -18.7%
Wheels India Ltd Financials
Wheels India Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 58.31% | 0.00 | |
| Foreign Institutions | 0.81% | 175.69 | |
| Mutual Funds | 10.3% | ||
| Retail Investors | 28.72% | 1.59 | |
| Others | 1.87% | 15.21 |
Wheels India Ltd Key Indicators
Wheels India Ltd Valuation
Wheels India Ltd in the last 5 years
Lowest (-192.21x)
August 26, 2020
Today (23.39x)
October 4, 2024
Industry (56.94x)
October 4, 2024
Highest (829.14x)
June 3, 2021
Wheels India Ltd Earnings and Dividends
Wheels India Ltd Earnings Results
Wheels India Ltd’s net profit jumped 141.06% since last year same period to ₹23.60Cr in the Q1 2024-2025. On a quarterly growth basis, Wheels India Ltd has generated -38.72% fall in its net profits since last 3-months.
Read More about Earnings ResultsWheels 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 1.04%.
Read More about Dividends
Wheels India Ltd Technicals Summary
Bearish
Neutral
Bullish
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 ₹709.35
Wheels India Ltd is listed on NSE
Wheels India Ltd is listed on BSE
- Today’s highest price of Wheels India Ltd is ₹743.1.
- Today’s lowest price of Wheels India Ltd is ₹700.
PE Ratio of Wheels India Ltd is 23.39
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 38.26K.
Today’s market capitalisation of Wheels India Ltd(WHEELS) is ₹1790.82Cr.
| Wheels India Ltd(WHEELS | Price |
|---|---|
52 Week High | ₹914.95 |
52 Week Low | ₹548 |
Wheels India Ltd(WHEELS) share price is ₹709.35. It is down -22.47% from its 52 Week High price of ₹914.95
Wheels India Ltd(WHEELS) share price is ₹709.35. It is up 29.44% from its 52 Week Low price of ₹548
| Wheels India Ltd(WHEELS | Returns |
|---|---|
1 Day Returns | -23.6% |
1 Month Returns | -6.8% |
3 Month Returns | -18.7% |
1 Year Returns | -4.1% |