Wheels India Key Ratios
NSE: WHEELS | BSE: 590073
₹1,487.10
As on 26-Aug-2026IST
Market cap
₹3,637 Cr
Revenue (TTM)
₹5,690 Cr
P/E Ratio
22.2
P/B Ratio
3.4
Div. Yield
1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -4.67 | 17.82 | 17.47 | 6.39 | 14.22 |
| EBIT | -16.38 | 17.44 | 15.23 | 26.27 | 19.94 |
| Net Profit | -34.05 | 28.21 | 39.49 | 43.37 | 24.20 |
| EPS | -34.05 | 28.21 | 39.49 | 42.77 | 23.83 |
| 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 | 5.43 | 5.44 | 5.46 |
| Net Margin
| 2.19 | 1.88 | 2.74 | 2.88 | 2.36 |
| Return on equity
| 12.26 | 10.75 | 16.31 | 16.10 | 12.74 |
| Return on Capital
| 15.98 | 14.20 | -- | 19.47 | 16.67 |
| Return on Assets
| 3.47 | 2.93 | 4.66 | 4.72 | 3.57 |
| Debt to Equity (x)
| -- | -- | 0.25 | 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
16.31
Higher than Peers by 0.65
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
16.31
|
16.10
|
12.74
|
7.39
|
6.91
|
|
Peer Median
|
15.66
|
16.10
|
16.42
|
--
|
--
|
ROA
4.66
Lower than Peers by 1.43
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
4.66
|
4.72
|
3.57
|
1.91
|
1.71
|
|
Peer Median
|
6.10
|
5.84
|
7.85
|
--
|
--
|
EBIT Margin
5.43
Lower than Peers by 1.65
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
5.43
|
5.44
|
5.46
|
3.64
|
3.15
|
|
Peer Median
|
7.08
|
5.55
|
5.81
|
--
|
--
|
Net Margin
2.74
Lower than Peers by 1.94
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
2.74
|
2.88
|
2.36
|
1.18
|
1.10
|
|
Peer Median
|
4.68
|
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
17.47
Higher than Peers by 4.23
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
17.47
|
15.19
|
-4.68
|
7.26
|
16.99
|
|
Peer Median
|
13.24
|
18.18
|
6.93
|
--
|
--
|
EBIT Growth
15.23
Lower than Peers by 6.68
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
15.23
|
14.76
|
43.27
|
23.75
|
-4.84
|
|
Peer Median
|
21.91
|
23.53
|
23.36
|
--
|
--
|
Net Profit Growth
39.49
Higher than Peers by 14.82
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
39.49
|
40.88
|
90.48
|
14.52
|
-30.67
|
|
Peer Median
|
24.68
|
26.13
|
37.38
|
--
|
--
|
EPS Growth
39.49
Higher than Peers by 34.35
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
39.49
|
39.77
|
76.68
|
11.69
|
-27.62
|
|
Peer Median
|
5.14
|
24.80
|
-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
0.25
Higher than Peers by 0.10
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
0.25
|
0.66
|
0.79
|
0.90
|
1.06
|
|
Peer Median
|
0.14
|
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
0.87
Lower than Peers by 0.16
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
0.87
|
0.87
|
0.93
|
0.94
|
0.92
|
|
Peer Median
|
1.03
|
1.05
|
1.05
|
--
|
--
|
Quick Ratio
0.51
Lower than Peers by 0.28
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
0.51
|
0.51
|
0.52
|
0.48
|
0.47
|
|
Peer Median
|
0.80
|
0.80
|
0.86
|
--
|
--
|
Interest Coverage
2.81
Lower than Peers by 1.68
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
2.81
|
2.75
|
2.22
|
1.61
|
1.62
|
|
Peer Median
|
4.49
|
4.46
|
3.23
|
--
|
--
|
Operating Efficiency
Debtors to sales
14.37
Lower than Peers by 0.09
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
14.37
|
14.96
|
16.88
|
14.59
|
16.57
|
|
Peer Median
|
14.46
|
13.22
|
12.85
|
--
|
--
|
Asset Turnover
1.69
Higher than Peers by 0.08
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
1.69
|
1.63
|
1.51
|
1.62
|
1.54
|
|
Peer Median
|
1.62
|
1.69
|
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
22.25
Lower than Peers by 5.07
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
|
22.25
|
15.71
|
12.79
|
23.25
|
19.64
|
|
Peer Median
|
27.32
|
27.32
|
22.59
|
--
|
--
|
Price / Book Value
3.37
Lower than Peers by 0.96
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
|
3.37
|
2.34
|
1.54
|
1.74
|
1.44
|
|
Peer Median
|
4.34
|
4.34
|
3.90
|
--
|
--
|
Dividend Yield
0.97
Higher than Peers by 0.43
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
|
0.97
|
1.45
|
1.99
|
1.24
|
1.54
|
|
Peer Median
|
0.54
|
0.54
|
0.60
|
--
|
--
|
EV/EBITDA
9.55
--
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
|
9.55
|
7.16
|
5.99
|
8.08
|
7.78
|
|
Peer Median
|
--
|
22.63
|
18.14
|
--
|
--
|
Market Cap
3,637
Lower than Peers by 921
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Wheels India
|
3,637
|
2,435
|
1,418
|
1,459
|
1,087
|
|
Peer Median
|
4,558
|
4,558
|
1,622
|
--
|
--
|