Wheels India Peer Comparison

NSE: WHEELS | BSE: 590073

₹2,181.70

₹-102.20 (-4.47%)

As on 08-Oct-2026 11:29IST

Market cap

₹6,237 Cr

Revenue (TTM)

₹5,690 Cr

P/E Ratio

38.2

P/B Ratio

4.1

Div. Yield

0.6 %

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	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
Market cap (₹ Cr)	6,237	12,372	12,420	6,563	4,698
Revenue (₹ Cr)	5,690	5,208	9,497	5,506	2,932
Net Profit (₹ Cr)	156.62	381.78	195.67	212.24	263.00
Net Margin (%)	2.74	7.26	2.06	3.85	8.91
RoE (%)	16.31	29.66	26.17	12.08	22.91
Price to Earnings	38.16	38.18	62.97	30.90	17.87
Price-To-Book	4.14	9.45	6.69	3.69	3.67

Income Statement (₹ Cr)

	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
Operating Revenue	5,690.44	5,207.57	9,497.18	5,505.84	2,932.10
Total Income	5,711.90	5,258.27	9,517.02	5,509.04	2,951.84
Total Expenditure	5,259.44	4,483.75	8,641.21	4,954.18	2,521.78
EBITDA	431.00	723.82	855.97	551.66	410.32
Depreciation	121.73	189.21	334.94	141.87	74.55
EBIT	309.27	534.61	521.03	409.79	335.77
Interest	117.60	107.08	128.55	126.68	3.53
Other Income	21.46	50.70	19.84	3.20	19.73
Exceptional Items	0.00	-14.50	-104.88	0.00	0.00
Profit before Tax	213.13	463.73	307.44	286.31	351.97
Provision for Tax	56.51	81.95	111.77	74.07	88.98
Profit after Tax	156.62	381.78	195.67	212.24	263.00

	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
Shareholder's Funds	1,041.46	1,210.22	1,780.34	1,804.81	1,215.01
Minority Interest	-2.96	-57.71	-2.88	0.00	0.00
Non-Current Liabilities	408.67	596.42	429.32	400.10	86.94
Current Liabilities	2,063.33	1,874.60	2,627.19	1,626.46	398.68
Total Liabilities	3,514.17	3,946.94	4,867.91	3,831.38	1,700.54

	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
Non-Current Assets	1,589.10	1,676.48	2,144.09	2,132.70	550.91
Current Assets	1,804.28	1,977.06	2,317.24	1,635.79	1,039.79
Total Assets	3,514.17	3,946.94	4,867.91	3,831.38	1,700.54
Total Debt*	689.66	998.60	737.70	825.95	0.00
Net Current Assets	-259.05	102.46	-309.94	9.33	641.11
Contingent Liabilities	48.56	36.07	218.26	60.22	2.16

	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
Cash From Operating Activities	477.35	460.16	536.80	331.65	161.28
Cash Flow from Investing Activities	-291.70	-280.48	-122.98	-186.23	-97.15
Cash from Financing Activities	-174.76	-169.95	-405.49	-144.11	-84.15
Net Cash Inflow / Outflow	10.89	9.73	8.34	1.31	-20.02

	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
ROCE (%)	19.47	26.17	18.91	15.38	30.55
ROE (%)	16.31	29.66	26.17	12.08	22.91
ROA (%)	4.66	10.63	4.10	5.87	16.83
EBIT Margin (%)	5.43	10.27	5.49	7.44	11.45
Net Margin (%)	2.74	7.26	2.06	3.85	8.91
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
Revenue Growth (%)	17.47	33.28	14.66	19.94	17.11
EBIT Growth (%)	15.23	46.84	11.46	8.46	25.87
Net Profit Growth (%)	38.44	58.09	38.32	5.13	23.13
EPS Growth (%)	39.49	79.19	57.63	5.18	24.80
Book Value Growth (%)	12.96	29.48	13.75	11.55	17.03

	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
Price / Earnings	34.15	37.51	27.73	31.38	18.00
Price / Book Value	4.07	9.63	6.77	3.75	3.70
Dividend Yield (%)	0.63	0.30	0.18	0.35	2.22
EV/EBITDA	15.83	18.31	15.27	13.57	10.85
Market Cap (₹ Cr)	2,434.63	10,382.57	7,152.40	2,676.92	5,039.38

	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
Debt to Equity	0.25	0.31	0.12	0.15	0.00
Short term debt to equity ratio	0.28	0.37	0.26	0.25	--
Current Ratio	0.87	1.05	0.88	1.01	2.61
Quick Ratio	0.51	0.83	0.53	0.42	1.94
Interest Coverage	2.81	5.33	3.39	3.26	100.77

	Wheels India	Lumax Auto	Varroc Engineering	Steel Strips Wheel	Fiem
Debtors to sales (%)	14.37	19.49	7.73	11.06	13.22
Asset Turnover	1.69	1.45	1.99	1.52	1.88
Receivable days	54.05	67.09	28.87	38.57	40.63
Inventory Days	50.61	28.90	34.01	59.68	32.27
Payable days	125.04	94.32	89.03	94.24	55.17
Cash Conversion Cycle	-20.38	1.67	-26.15	4.01	17.73

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.