Wheels India Ltd (WHEELS) — shareholding pattern, promoter holding, financials and share price
About Wheels India Ltd (WHEELS)
Wheels India Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as WHEELS and on the BSE under scrip code 590073. Its ISIN is INE715A01015.
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]
Wheels India Limited is a TSF Group–promoted manufacturer of steel, aluminium and wire wheels, supplying passenger cars, commercial vehicles, tractors, construction equipment and wind-turbine components; it is a preferred OEM supplier with around ten manufacturing units and a workforce of approximately 8,700 people.
The company reported Q3 FY26 gross revenues of Rs 1,287 crore (GOLY +21.7%) and YTD Dec'25 revenues of Rs 3,653 crore, driven by a 21% quarterly growth in automotive components and sustained export mix around 25% of sales, reflecting resilient demand across domestic and international OEMs.
Listed peers in Auto Components & Equipments: NRB Bearings Ltd, Sandhar Technologies Limited, Steel Strips Wheels Ltd, Rolex Rings Ltd, Rane (Madras) Ltd, JTEKT India Ltd.
Valuation & Returns
10 Jul 2026At ₹1,501 a share on 10 Jul 2026, Wheels India Ltd (WHEELS) was valued at a price-to-earnings ratio of 22.85x against an industry P/E of 37.75x and a price-to-book of 3.47x on a book value of ₹432.78 per share as of Mar 2026. Solomo computes return on equity of 15.18% and return on capital employed of 18.17% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 22.85x
- Industry P/E
- 37.75x
- P/B
- 3.47x
- EPS (TTM)
- ₹65.69
- Book value / share
- ₹432.78
- ROE
- 15.18%
- ROCE
- 18.17%
- ROA
- 4.48%
- Debt / equity
- 0.74x
- Dividend yield
- 1.43%
- EBITDA margin
- 8.13%
- 52-week range
- ₹705.05 – ₹1,813.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Wheels India Ltd (WHEELS) reported revenue of ₹5,465 crore, net profit of ₹158 crore and earnings per share of ₹63.44. That compares with revenue of ₹4,744 crore and net profit of ₹112 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,564 crore and net profit ₹59 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 3,966 | 4,640 | 4,977 | 4,744 | 5,465 |
| Net profit (₹ cr) | 74 | 51 | 59 | 112 | 158 |
| EPS (₹) | 31.78 | 23 | 25.69 | 45.39 | 63.44 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 9.02% | 18.18% | 5.67% | 15.19% |
| Profit growth | 10.08% | 83.01% | 30.42% | 40.88% |
| Stock price CAGR | 9% | 15% | 23% | 83% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 58.31% of Wheels India Ltd (WHEELS) (unchanged from the previous quarter). Market capitalisation was ₹3,612 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: HDFC MUTUAL FUND - HDFC MULTI CAP FUND 3.5%, NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA ELSS TAX SAVER FUND 2.21%, MAHAM HOLDINGS PRIVATE LIMITED 1.88%, SUNDHARAMS PRIVATE LIMITED 1.3%, REVATHI HOLDINGS PRIVATE LIMITED 1.16%, NIVEDITA RAM . 1.14%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 58.31% | - | - | - | - |
| Mar 2026 | 58.31% | - | - | - | - |
| Dec 2025 | 58.31% | - | - | - | - |
| Sep 2025 | 58.31% | - | - | - | - |
| Jun 2025 | 58.31% | - | - | - | - |
| Mar 2025 | 58.31% | - | - | - | - |
| Dec 2024 | 58.31% | - | - | - | - |
| Sep 2024 | 58.31% | - | - | - | - |