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NSE Close — 25 Sep 2026
₹2,296.4
Change
+115.6 (5.3%)
Open
₹2,260.0
Prev. Close
₹2,180.8
Day High
₹2,355.0
Day Low
₹2,194.2
Volume Analysis
Traded
615,400
Delivered
291,375
Delivery %
47.35%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (1)
- •Promoter holding is falling
Opportunities (2)
- •Strong 3-year EPS growth (40.2%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹2,530.34 | ₹2,442.67 | ₹2,369.54 | ₹2,281.87 | ₹2,208.74 | ₹2,121.07 | ₹2,047.94 |
| Fibonacci | ₹2,442.67 | ₹2,381.24 | ₹2,343.3 | ₹2,281.87 | ₹2,220.44 | ₹2,182.5 | ₹2,121.07 |
| Camarilla | ₹2,340.62 | ₹2,325.88 | ₹2,311.14 | ₹2,281.87 | ₹2,281.66 | ₹2,266.92 | ₹2,252.18 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+165.53%
1 Week
+5.59%
1 Month
+48.38%
3 Months
+28.58%
6 Months
+132.54%
1 Year
+165.94%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹779.79
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
15.4%
Net margin 2.92% × asset turnover 1.56x × equity multiplier 3.38x
Company Overview
Sector
Automobile and Auto Components
Market Cap
₹5,894 Cr
P/E (TTM)
36.1
ROE
15.8%
Book Value
₹426.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 28 Sep 2026. Not investment advice.
TopFund Analysis
Wheels India Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Automobile and Auto Components sector, at 63/100. The strongest factor is Momentum (89/100), while Valuation (30/100) is the weakest area to weigh before deciding. Notably: Promoter holding is falling. Strong 3-year EPS growth (40.2%).
TopFund Score — Fundamentals Quality
63/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has delivered good profit growth of 143% CAGR over last 5 years
- +Company has been maintaining a healthy dividend payout of 25.6%
- −Promoter holding has decreased over last quarter: -1.45%
- −Company has a low return on equity of 12.4% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Wheels India closed QIP, allocating 11,97,318 shares at ₹2,088 each on September 25, 2026.
Wheels India allotted 11,97,318 shares in QIP at ₹2,088, raising about ₹250 crore.
Wheels India opens QIP on Sept. 24, 2026; floor price set at ₹2,197.10, trading window closes until Sept. 26.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,212 | 1,284 | 1,210 | 1,271 | 1,166 | 1,176 | 1,125 | 1,277 | 1,266 | 1,264 | 1,371 | 1,564 | 1,491 |
| Expenses + | 1,153 | 1,236 | 1,150 | 1,174 | 1,086 | 1,093 | 1,040 | 1,174 | 1,172 | 1,171 | 1,271 | 1,438 | 1,379 |
| Operating Profit | 58 | 48 | 60 | 97 | 79 | 83 | 85 | 103 | 94 | 93 | 100 | 126 | 112 |
| OPM % | 4.8% | 3.7% | 5.0% | 8.0% | 7.0% | 7.0% | 8.0% | 8.0% | 7.0% | 7.0% | 7.0% | 8.0% | 8.0% |
| Other Income + | 4 | 7 | 2 | 5 | 4 | 2 | 3 | 3 | 4 | 7 | 8 | 12 | 4 |
| Interest | 31 | 30 | 30 | 31 | 29 | 31 | 31 | 30 | 31 | 30 | 30 | 29 | 29 |
| Depreciation | 20 | 21 | 21 | 22 | 23 | 23 | 24 | 24 | 26 | 27 | 29 | 32 | 33 |
| Profit before tax | 11 | 3 | 11 | 50 | 31 | 32 | 33 | 52 | 41 | 42 | 49 | 77 | 55 |
| Tax % | 21.0% | -12.0% | 19.0% | 24.0% | 25.0% | 25.0% | 24.0% | 25.0% | 25.0% | 25.0% | 24.0% | 24.0% | 29.0% |
| Net Profit + | 9 | 3 | 9 | 38 | 24 | 24 | 25 | 39 | 31 | 32 | 37 | 59 | 39 |
| EPS in Rs | 4 | 2 | 4 | 16 | 10 | 10 | 10 | 16 | 12 | 13 | 15 | 24 | 16 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,987 | 2,173 | 2,563 | 3,441 | 2,672 | 2,413 | 3,966 | 4,640 | 4,977 | 4,744 | 5,465 | 5,690 |
| Expenses + | 1,815 | 1,987 | 2,364 | 3,196 | 2,500 | 2,270 | 3,712 | 4,420 | 4,711 | 4,392 | 5,052 | 5,259 |
| Operating Profit | 172 | 186 | 199 | 245 | 172 | 143 | 255 | 221 | 266 | 352 | 413 | 431 |
| OPM % | 9.0% | 9.0% | 8.0% | 7.0% | 6.0% | 6.0% | 6.0% | 4.8% | 5.0% | 7.0% | 8.0% | 8.0% |
| Other Income + | 2 | 4 | 23 | 8 | 8 | 2 | 16 | 26 | 16 | 11 | 31 | 31 |
| Interest | 58 | 48 | 45 | 66 | 67 | 59 | 71 | 106 | 122 | 122 | 120 | 118 |
| Depreciation | 60 | 64 | 70 | 79 | 78 | 86 | 101 | 74 | 85 | 93 | 115 | 122 |
| Profit before tax | 56 | 78 | 106 | 108 | 36 | 1 | 98 | 66 | 75 | 149 | 209 | 223 |
| Tax % | 29.0% | 24.0% | 29.0% | 30.0% | -33.0% | 85.0% | 24.0% | 22.0% | 21.0% | 25.0% | 24.0% | — |
| Net Profit + | 41 | 59 | 75 | 76 | 47 | 0 | 74 | 51 | 59 | 112 | 158 | 166 |
| EPS in Rs | 17 | 25 | 31 | 32 | 20 | 1 | 32 | 23 | 26 | 45 | 63 | 67 |
| Dividend Payout % | 26.0% | 26.0% | 24.0% | 25.0% | 28.0% | 132.0% | 26.0% | 30.0% | 29.0% | 25.0% | 23.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 402 | 457 | 575 | 616 | 640 | 637 | 710 | 731 | 815 | 898 | 1,017 |
| Borrowings + | 386 | 369 | 359 | 495 | 650 | 698 | 876 | 819 | 778 | 737 | 768 |
| Other Liabilities + | 495 | 532 | 718 | 880 | 674 | 1,118 | 1,364 | 1,474 | 1,487 | 1,531 | 1,705 |
| Total Liabilities | 1,295 | 1,369 | 1,663 | 2,015 | 1,987 | 2,476 | 2,974 | 3,048 | 3,104 | 3,189 | 3,514 |
| Fixed Assets + | 518 | 526 | 557 | 710 | 753 | 883 | 903 | 1,060 | 1,149 | 1,295 | 1,506 |
| CWIP | 17 | 22 | 65 | 65 | 198 | 114 | 126 | 114 | 77 | 50 | 69 |
| Investments | 17 | 19 | 21 | 23 | 23 | 23 | 24 | 22 | 32 | 46 | 78 |
| Other Assets + | 743 | 802 | 1,019 | 1,216 | 1,013 | 1,456 | 1,921 | 1,851 | 1,845 | 1,797 | 1,861 |
| Total Assets | 1,295 | 1,369 | 1,663 | 2,015 | 1,987 | 2,476 | 2,974 | 3,048 | 3,104 | 3,189 | 3,514 |
| Equity Capital | 12 | 12 | 12 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 148 | 155 | 131 | 184 | 184 | 148 | 28 | 370 | 329 | 400 | 477 |
| Cash from Investing Activity + | -69 | -75 | -135 | -230 | -242 | -118 | -120 | -152 | -150 | -213 | -292 |
| Cash from Financing Activity + | -82 | -75 | 9 | 38 | 70 | -31 | 84 | -216 | -146 | -188 | -175 |
| Net Cash Flow | -2 | 5 | 5 | -9 | 12 | 0 | -9 | 3 | 34 | 0 | 11 |
| CFO/OP | 92 | 94 | 81 | 84 | 114 | 96 | 22 | 173 | 134 | 117 | 124 |
| Free Cash Flow | 74 | 78 | -64 | -50 | -60 | 29 | -94 | 217 | 179 | 192 | 203 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 23.18% | 28.27% | 28.72% | 29.28% | 29.67% | 29.63% | 29.48% | 29.93% | 30.7% | 30.91% | 33.32% | 31.81% |
| Promoters | 58.31% | 58.31% | 58.31% | 58.31% | 58.31% | 58.31% | 58.31% | 58.31% | 58.31% | 58.31% | 58.31% | 56.86% |
| FII | 0.19% | 0.29% | 0.81% | 0.42% | 0.34% | 0.38% | 0.57% | 1.08% | 1.18% | 1.15% | 1.98% | 2.45% |
| DII | 18.32% | 13.13% | 12.16% | 11.99% | 11.68% | 11.68% | 11.64% | 10.68% | 9.81% | 9.64% | 6.39% | 8.88% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Automobile and Auto Components — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Wheels India Ltd (this stock) | 5,894 | 36.1 | 5.39 | 15.8% |
| Steel Strips Wheels Ltd. | 5,956 | 28.0 | 3.3 | 11.0% |
| Jamna Auto Ind Ltd | 5,562 | 23.0 | 4.84 | 22.3% |
| Lg Balakrishnan & Bros | 5,550 | 17.4 | 2.57 | 15.5% |
| Sharda Motor Inds Ltd | 5,490 | 16.4 | 4.17 | 25.2% |
| Lumax Industries Ltd | 5,395 | 26.8 | 5.87 | 22.0% |
| Nrb Bearing Limited | 5,183 | 34.7 | 5.39 | 15.6% |
Which Mutual Funds Hold Wheels India Ltd?
Frequently Asked Questions about Wheels India Ltd
Wheels India Ltd (WHEELS) closed at ₹2,296.4 on NSE on 25 September 2026, up 115.6 (5.3%) from the previous close.
Wheels India Ltd trades on the NSE (National Stock Exchange of India) under the symbol WHEELS.
Wheels India Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 36.1.
Wheels India Ltd has a dividend yield of 0.63%.
Wheels India Ltd's 52-week high is ₹2,500.0 and its 52-week low is ₹705.0.
Wheels India Ltd has a market capitalisation of ₹5,894 crore.
Wheels India Ltd has a TopFund Quality Score of 63/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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