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.
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- Market Cap ₹ 2,115 Cr.
- Current Price ₹ 866
- High / Low ₹ 915 / 548
- Stock P/E 35.9
- Book Value ₹ 344
- Dividend Yield 0.85 %
- ROCE 12.3 %
- ROE 7.38 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 28.4%
- Company's working capital requirements have reduced from 38.1 days to 26.7 days
Cons
- Stock is trading at 2.52 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.23% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
1,987 | 2,173 | 2,563 | 3,441 | 2,672 | 2,413 | 3,966 | 4,640 | 4,977 | |
1,815 | 1,987 | 2,364 | 3,196 | 2,500 | 2,270 | 3,712 | 4,420 | 4,711 | |
Operating Profit | 172 | 186 | 199 | 245 | 172 | 143 | 255 | 221 | 266 |
OPM % | 9% | 9% | 8% | 7% | 6% | 6% | 6% | 5% | 5% |
2 | 4 | 23 | 8 | 8 | 2 | 16 | 26 | 16 | |
Interest | 58 | 48 | 45 | 66 | 67 | 59 | 71 | 106 | 122 |
Depreciation | 60 | 64 | 70 | 79 | 78 | 86 | 101 | 74 | 85 |
Profit before tax | 56 | 78 | 106 | 108 | 36 | 1 | 98 | 66 | 75 |
Tax % | 29% | 24% | 29% | 30% | -33% | 85% | 24% | 22% | 21% |
41 | 59 | 75 | 76 | 47 | 0 | 74 | 51 | 59 | |
EPS in Rs | 17.07 | 24.58 | 31.15 | 31.79 | 20.39 | 0.76 | 31.78 | 23.00 | 25.69 |
Dividend Payout % | 26% | 26% | 24% | 25% | 28% | 132% | 26% | 30% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 27% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | 689% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 4% |
3 Years: | -5% |
1 Year: | 14% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 8% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 24 | 24 | 24 | 24 | 24 | 24 |
Reserves | 402 | 457 | 575 | 616 | 640 | 637 | 710 | 731 | 815 |
386 | 369 | 359 | 495 | 650 | 698 | 876 | 819 | 778 | |
495 | 532 | 718 | 880 | 674 | 1,118 | 1,364 | 1,474 | 1,487 | |
Total Liabilities | 1,295 | 1,369 | 1,663 | 2,015 | 1,987 | 2,476 | 2,974 | 3,048 | 3,104 |
518 | 526 | 557 | 710 | 753 | 883 | 903 | 1,060 | 1,149 | |
CWIP | 17 | 22 | 65 | 65 | 198 | 114 | 126 | 114 | 77 |
Investments | 17 | 19 | 21 | 23 | 23 | 23 | 24 | 22 | 32 |
743 | 802 | 1,019 | 1,216 | 1,013 | 1,456 | 1,921 | 1,851 | 1,845 | |
Total Assets | 1,295 | 1,369 | 1,663 | 2,015 | 1,987 | 2,476 | 2,974 | 3,048 | 3,104 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
148 | 155 | 131 | 184 | 184 | 148 | 28 | 370 | 329 | |
-69 | -75 | -135 | -230 | -242 | -118 | -120 | -152 | -150 | |
-82 | -75 | 9 | 38 | 70 | -31 | 84 | -216 | -146 | |
Net Cash Flow | -2 | 5 | 5 | -9 | 12 | -0 | -9 | 3 | 34 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 73 | 69 | 62 | 65 | 112 | 82 | 60 | 53 |
Inventory Days | 84 | 71 | 78 | 66 | 81 | 119 | 101 | 95 | 89 |
Days Payable | 104 | 108 | 103 | 97 | 99 | 195 | 136 | 124 | 121 |
Cash Conversion Cycle | 44 | 37 | 44 | 31 | 46 | 36 | 46 | 31 | 21 |
Working Capital Days | 42 | 35 | 40 | 33 | 33 | 58 | 53 | 34 | 27 |
ROCE % | 15% | 15% | 16% | 8% | 4% | 11% | 11% | 12% |
Documents
Announcements
- Proceedings of 65th Annual General Meeting of the Company and Chairman Speech 18 Jul
- Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 11 Jul
- Closure of Trading Window 28 Jun
- Publication of Newspaper Advertisement - 65th Annual General Meeting of the Company through VC / OAVM & e-voting facility 24 Jun
- Updation of dates in connection with 65th Annual General Meeting (AGM) of the Company 24 Jun
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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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
The Co., operates in two business segments , namely automotive products and industrial products . Its diverse portfolio encompasses the Automotive Wheels Division, Construction & Mining Division, Energy Products Division, and Air Suspension & Lift Axle Division. [1]