Wheels India Ltd
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]
- Market Cap ₹ 1,763 Cr.
- Current Price ₹ 722
- High / Low ₹ 915 / 548
- Stock P/E 18.2
- Book Value ₹ 337
- Dividend Yield 1.03 %
- ROCE 13.2 %
- ROE 9.05 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 26.2%
- Company's working capital requirements have reduced from 48.9 days to 37.2 days
Cons
- Company has a low return on equity of 10.1% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,924 | 1,823 | 1,980 | 1,987 | 2,173 | 2,460 | 3,181 | 2,429 | 2,212 | 3,687 | 4,321 | 4,607 | 4,461 | |
1,773 | 1,676 | 1,830 | 1,815 | 1,987 | 2,269 | 2,948 | 2,262 | 2,073 | 3,436 | 4,099 | 4,343 | 4,156 | |
Operating Profit | 151 | 148 | 150 | 172 | 186 | 191 | 233 | 166 | 139 | 250 | 223 | 264 | 305 |
OPM % | 8% | 8% | 8% | 9% | 9% | 8% | 7% | 7% | 6% | 7% | 5% | 6% | 7% |
3 | 2 | 3 | 2 | 3 | 22 | 8 | 10 | 4 | 14 | 24 | 12 | 12 | |
Interest | 55 | 55 | 59 | 58 | 48 | 45 | 62 | 62 | 53 | 63 | 96 | 108 | 107 |
Depreciation | 54 | 55 | 54 | 60 | 64 | 67 | 70 | 70 | 81 | 95 | 68 | 79 | 81 |
Profit before tax | 45 | 39 | 40 | 56 | 77 | 101 | 108 | 45 | 10 | 107 | 82 | 89 | 128 |
Tax % | 28% | 27% | 25% | 29% | 24% | 29% | 30% | -21% | 31% | 25% | 24% | 24% | |
32 | 28 | 30 | 40 | 58 | 72 | 76 | 54 | 7 | 80 | 62 | 68 | 97 | |
EPS in Rs | 4.56 | 11.79 | 12.34 | 16.59 | 24.22 | 29.78 | 31.44 | 22.49 | 2.80 | 33.16 | 25.96 | 27.78 | 39.57 |
Dividend Payout % | 25% | 35% | 30% | 27% | 27% | 25% | 25% | 25% | 36% | 25% | 27% | 27% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | 28% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | -2% |
3 Years: | 116% |
TTM: | 72% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 4% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | 10% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 12 | 12 | 12 | 12 | 12 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
Reserves | 249 | 352 | 369 | 402 | 450 | 503 | 545 | 573 | 575 | 651 | 680 | 770 | 799 |
420 | 332 | 389 | 386 | 369 | 359 | 453 | 584 | 630 | 838 | 776 | 727 | 713 | |
407 | 437 | 473 | 495 | 532 | 650 | 781 | 580 | 989 | 1,216 | 1,325 | 1,341 | 1,275 | |
Total Liabilities | 1,085 | 1,132 | 1,244 | 1,295 | 1,362 | 1,524 | 1,803 | 1,762 | 2,218 | 2,729 | 2,805 | 2,861 | 2,812 |
439 | 465 | 510 | 518 | 526 | 491 | 600 | 648 | 783 | 772 | 933 | 978 | 1,004 | |
CWIP | 54 | 48 | 12 | 17 | 22 | 36 | 42 | 134 | 43 | 85 | 70 | 75 | 141 |
Investments | 18 | 17 | 16 | 17 | 12 | 16 | 17 | 17 | 17 | 14 | 9 | 12 | 21 |
574 | 602 | 706 | 743 | 802 | 980 | 1,144 | 963 | 1,376 | 1,857 | 1,793 | 1,796 | 1,645 | |
Total Assets | 1,085 | 1,132 | 1,244 | 1,295 | 1,362 | 1,524 | 1,803 | 1,762 | 2,218 | 2,729 | 2,805 | 2,861 | 2,812 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
148 | 146 | 84 | 148 | 155 | 117 | 175 | 159 | 138 | -16 | 359 | 314 | |
-104 | -75 | -66 | -69 | -75 | -40 | -183 | -199 | -110 | -116 | -145 | -141 | |
-43 | -70 | -14 | -82 | -75 | -74 | -0 | 52 | -27 | 122 | -210 | -140 | |
Net Cash Flow | 0 | 1 | 4 | -2 | 5 | 3 | -8 | 12 | 1 | -10 | 4 | 33 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 55 | 61 | 68 | 64 | 73 | 71 | 64 | 69 | 117 | 86 | 64 | 57 |
Inventory Days | 60 | 70 | 65 | 84 | 71 | 76 | 66 | 85 | 122 | 105 | 99 | 93 |
Days Payable | 64 | 93 | 98 | 104 | 108 | 102 | 96 | 96 | 190 | 131 | 119 | 117 |
Cash Conversion Cycle | 51 | 38 | 35 | 44 | 37 | 44 | 34 | 57 | 49 | 60 | 44 | 34 |
Working Capital Days | 27 | 26 | 33 | 42 | 35 | 43 | 37 | 43 | 69 | 65 | 45 | 37 |
ROCE % | 15% | 14% | 13% | 14% | 15% | 16% | 18% | 10% | 5% | 12% | 12% | 13% |
Documents
Announcements
- Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015) 22 Nov
-
Conference Call with the Fund Managers, Analysts and Investors - Transcript
4 Nov - Wheels India Ltd has informed BSE regarding "Conference Call with the Fund Managers, Analysts and Investors - Transcript".
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Audio Recording - Conference Call with the Fund Managers, Analysts and Investors on October 28, 2024
30 Oct - Audio recording of conference call with investors.
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Newspaper Advertisement
29 Oct - Audio recording of conference call with investors.
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Presentation - Conference Call with the Fund Managers, Analysts and Investors on October 28, 2024
28 Oct - Conference call with fund managers and analysts.
Annual reports
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Financial Year 2024
from web
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Financial Year 2023
from web
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
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Financial Year 2011
from bse
Concalls
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Oct 2024Transcript PPT REC
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Jul 2024TranscriptNotesPPT
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May 2024Transcript PPT REC
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Nov 2023TranscriptPPT
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Sep 2023TranscriptNotesPPT
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Jun 2023Transcript PPT REC
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Nov 2022TranscriptPPT
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Aug 2021TranscriptPPT
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May 2021TranscriptPPT
Product Portfolio[1]
Automotive Wheels Division (covering cars, trucks, and tractors), Construction Equipment Division (which provides for wheels, fabrications, and hydraulic cylinders), Energy Products Division (focused on the wind turbine sector and railways), and Air Suspension & Lift Axle Division. Additionally, their subsidiary, WCWL, manufactures steel wheels for light passenger vehicle