Wheels India Key Ratios
NSE: WHEELS | BSE: 590073
₹2,037.40
As on 30-Oct-2026IST
Market cap
₹5,462 Cr
Revenue (TTM)
₹6,137 Cr
P/E Ratio
28.5
P/B Ratio
3.6
Div. Yield
0.7 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 14.75 | 35.36 | 24.45 | 8.36 | 12.96 |
| EBIT | 19.59 | 44.94 | 24.13 | 33.74 | 18.58 |
| Net Profit | 55.08 | 92.27 | 54.65 | 58.20 | 22.68 |
| EPS | 41.05 | 74.87 | 50.32 | 56.15 | 21.62 |
| Book Value | -- | -- | 12.96 | 10.75 | 9.20 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 4.94 | 4.31 | 5.52 | 5.44 | 5.46 |
| Net Margin
| 2.19 | 1.88 | 2.98 | 2.88 | 2.36 |
| Return on equity
| 12.26 | 10.75 | 15.04 | 16.10 | 12.74 |
| Return on Capital
| 15.98 | 14.20 | -- | 19.47 | 16.67 |
| Return on Assets
| 3.47 | 2.93 | 4.97 | 4.72 | 3.57 |
| Debt to Equity (x)
| -- | -- | 0.15 | 0.66 | 0.79 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
--
|
19.47
|
16.67
|
12.41
|
10.89
|
|
Peer Median
|
--
|
19.47
|
22.02
|
--
|
--
|
ROE
15.04
Lower than Peers by 0.60
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
15.04
|
16.10
|
12.74
|
7.39
|
6.91
|
|
Peer Median
|
15.64
|
16.10
|
16.42
|
--
|
--
|
ROA
4.97
Lower than Peers by 1.15
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
4.97
|
4.72
|
3.57
|
1.91
|
1.71
|
|
Peer Median
|
6.12
|
5.26
|
7.85
|
--
|
--
|
EBIT Margin
5.52
Lower than Peers by 1.62
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
5.52
|
5.44
|
5.46
|
3.64
|
3.15
|
|
Peer Median
|
7.14
|
5.55
|
5.81
|
--
|
--
|
Net Margin
2.98
Lower than Peers by 1.73
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
2.98
|
2.88
|
2.36
|
1.18
|
1.10
|
|
Peer Median
|
4.70
|
3.23
|
5.82
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
--
|
5.00
|
4.33
|
2.89
|
2.71
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
24.45
Higher than Peers by 11.12
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
24.45
|
15.19
|
-4.68
|
7.26
|
16.99
|
|
Peer Median
|
13.34
|
22.26
|
6.93
|
--
|
--
|
EBIT Growth
24.13
Higher than Peers by 1.42
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
24.13
|
14.76
|
43.27
|
23.75
|
-4.84
|
|
Peer Median
|
22.70
|
25.87
|
23.36
|
--
|
--
|
Net Profit Growth
54.65
Higher than Peers by 29.53
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
54.65
|
40.88
|
90.48
|
14.52
|
-30.67
|
|
Peer Median
|
25.12
|
35.50
|
37.38
|
--
|
--
|
EPS Growth
50.32
Higher than Peers by 39.82
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
50.32
|
39.77
|
76.68
|
11.69
|
-27.62
|
|
Peer Median
|
10.51
|
49.06
|
-11.12
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
--
|
12.96
|
9.79
|
11.23
|
2.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.15
Higher than Peers by 0.00
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
0.15
|
0.66
|
0.79
|
0.90
|
1.06
|
|
Peer Median
|
0.15
|
0.41
|
0.66
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
--
|
0.28
|
0.32
|
0.49
|
0.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.05
Higher than Peers by 0.01
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
1.05
|
0.87
|
0.93
|
0.94
|
0.92
|
|
Peer Median
|
1.04
|
1.05
|
1.05
|
--
|
--
|
Quick Ratio
0.61
Lower than Peers by 0.17
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
0.61
|
0.51
|
0.52
|
0.48
|
0.47
|
|
Peer Median
|
0.78
|
0.80
|
0.86
|
--
|
--
|
Interest Coverage
3.09
Lower than Peers by 1.35
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
3.09
|
2.75
|
2.22
|
1.61
|
1.62
|
|
Peer Median
|
4.44
|
4.46
|
3.23
|
--
|
--
|
Operating Efficiency
Debtors to sales
15.87
Higher than Peers by 1.33
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
15.87
|
14.96
|
16.88
|
14.59
|
16.57
|
|
Peer Median
|
14.54
|
14.69
|
12.85
|
--
|
--
|
Asset Turnover
1.66
Higher than Peers by 0.05
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
1.66
|
1.63
|
1.51
|
1.62
|
1.54
|
|
Peer Median
|
1.62
|
1.66
|
1.56
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
--
|
54.05
|
58.74
|
54.83
|
65.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
--
|
50.61
|
63.53
|
64.77
|
66.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
--
|
125.04
|
133.28
|
118.97
|
120.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
--
|
-20.38
|
-11.01
|
0.63
|
11.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
28.47
Higher than Peers by 2.04
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
28.47
|
15.71
|
12.79
|
23.25
|
19.64
|
|
Peer Median
|
26.43
|
26.43
|
22.59
|
--
|
--
|
Price / Book Value
3.62
Lower than Peers by 0.48
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
3.62
|
2.34
|
1.54
|
1.74
|
1.44
|
|
Peer Median
|
4.09
|
4.09
|
3.90
|
--
|
--
|
Dividend Yield
0.71
Higher than Peers by 0.10
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
0.71
|
1.45
|
1.99
|
1.24
|
1.54
|
|
Peer Median
|
0.62
|
0.62
|
0.60
|
--
|
--
|
EV/EBITDA
12.36
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
12.36
|
7.16
|
5.99
|
8.08
|
7.78
|
|
Peer Median
|
--
|
21.90
|
18.14
|
--
|
--
|
Market Cap
5,462
No difference
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
5,462
|
2,435
|
1,418
|
1,459
|
1,087
|
|
Peer Median
|
5,462
|
5,462
|
1,622
|
--
|
--
|