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 ₹ 2,041 Cr.
- Current Price ₹ 835
- High / Low ₹ 915 / 548
- Stock P/E 30.1
- Book Value ₹ 325
- Dividend Yield 0.88 %
- 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
- Stock is trading at 2.57 times its book value
- Company has low interest coverage ratio.
- 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,924 | 1,823 | 1,980 | 1,987 | 2,173 | 2,460 | 3,181 | 2,429 | 2,212 | 3,687 | 4,321 | 4,607 | |
1,773 | 1,676 | 1,830 | 1,815 | 1,987 | 2,269 | 2,948 | 2,262 | 2,073 | 3,436 | 4,099 | 4,343 | |
Operating Profit | 151 | 148 | 150 | 172 | 186 | 191 | 233 | 166 | 139 | 250 | 223 | 264 |
OPM % | 8% | 8% | 8% | 9% | 9% | 8% | 7% | 7% | 6% | 7% | 5% | 6% |
3 | 2 | 3 | 2 | 3 | 22 | 8 | 10 | 4 | 14 | 24 | 12 | |
Interest | 55 | 55 | 59 | 58 | 48 | 45 | 62 | 62 | 53 | 63 | 96 | 108 |
Depreciation | 54 | 55 | 54 | 60 | 64 | 67 | 70 | 70 | 81 | 95 | 68 | 79 |
Profit before tax | 45 | 39 | 40 | 56 | 77 | 101 | 108 | 45 | 10 | 107 | 82 | 89 |
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 | |
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 |
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: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | -2% |
3 Years: | 116% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 3% |
3 Years: | 0% |
1 Year: | 9% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 12 | 12 | 12 | 12 | 12 | 24 | 24 | 24 | 24 | 24 | 24 |
Reserves | 249 | 352 | 369 | 402 | 450 | 503 | 545 | 573 | 575 | 651 | 680 | 770 |
420 | 332 | 389 | 386 | 369 | 359 | 453 | 584 | 630 | 838 | 776 | 727 | |
407 | 437 | 473 | 495 | 532 | 650 | 781 | 580 | 989 | 1,216 | 1,325 | 1,341 | |
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 |
439 | 465 | 510 | 518 | 526 | 491 | 600 | 648 | 783 | 772 | 933 | 978 | |
CWIP | 54 | 48 | 12 | 17 | 22 | 36 | 42 | 134 | 43 | 85 | 70 | 75 |
Investments | 18 | 17 | 16 | 17 | 12 | 16 | 17 | 17 | 17 | 14 | 9 | 12 |
574 | 602 | 706 | 743 | 802 | 980 | 1,144 | 963 | 1,376 | 1,857 | 1,793 | 1,796 | |
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 |
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
- 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]