Wheels India

  • Market Cap: Small Cap
  • Industry: Auto Components & Equipments
  • ISIN: INE715A01015
  • NSEID: WHEELS
  • BSEID: 590073
INR
1,537.80
-18.75 (-1.2%)
BSENSE

Jun 18

BSE+NSE Vol: 49.76 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Wheels India
Uniparts India
Carraro India
Steel Str. Wheel
Sandhar Tech
NRB Bearings
Sharda Motor
JTEKT India
Rolex Rings
L G Balakrishnan
Subros
Why is Wheels India Ltd. ?
1
Healthy long term growth as Operating profit has grown by an annual rate 40.06%
2
With a growth in Net Profit of 19.21%, the company declared Very Positive results in Dec 25
  • The company has declared positive results for the last 8 consecutive quarters
  • PAT(Latest six months) At Rs 67.06 cr has Grown at 36.75%
  • ROCE(HY) Highest at 17.05%
  • DEBT-EQUITY RATIO(HY) Lowest at 0.76 times
3
Stock is technically in a Bullish range
  • The technical trend has improved from Mildly Bullish on 08-Apr-26 and has generated 65.33% returns since then
  • Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST, DOW and OBV
4
With ROCE of 16.5, it has a Attractive valuation with a 2.7 Enterprise value to Capital Employed
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 114.09%, its profits have risen by 39.8% ; the PEG ratio of the company is 0.7
5
Majority shareholders : Promoters
stock-recommendationReal-Time Research Report
Verdict Report
How much should you buy?
  1. Overall Portfolio exposure to Wheels India should be less than 10%
  2. Overall Portfolio exposure to Auto Components & Equipments should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Wheels India for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Wheels India
105.01%
2.77
41.12%
Sensex
-5.08%
-0.49
12.94%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
17.75%
EBIT Growth (5y)
40.06%
EBIT to Interest (avg)
1.92
Debt to EBITDA (avg)
2.88
Net Debt to Equity (avg)
0.73
Sales to Capital Employed (avg)
2.84
Tax Ratio
24.41%
Dividend Payout Ratio
25.40%
Pledged Shares
0
Institutional Holding
10.79%
ROCE (avg)
12.13%
ROE (avg)
10.39%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
25
Industry P/E
36
Price to Book Value
3.66
EV to EBIT
15.37
EV to EBITDA
11.08
EV to Capital Employed
2.53
EV to Sales
0.84
PEG Ratio
0.62
Dividend Yield
0.79%
ROCE (Latest)
16.48%
ROE (Latest)
14.89%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

9What is working for the Company
PAT(Latest six months)

At Rs 67.06 cr has Grown at 36.75%

ROCE(HY)

Highest at 17.05%

DEBT-EQUITY RATIO(HY)

Lowest at 0.76 times

NET SALES(Q)

Highest at Rs 1,371.45 cr

0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Wheels India
Profit After Tax (PAT) - Latest six months
At Rs 67.06 cr has Grown at 36.75%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Debt-Equity Ratio - Half Yearly
Lowest at 0.76 times and Fallen
each half year in the last five half yearly periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Net Sales - Quarterly
Highest at Rs 1,371.45 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Wheels India
Non Operating Income - Quarterly
Highest at Rs 6.36 cr
in the last five quarters
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating Income