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    Wheels India Limited

    Chennai maker of automotive & industrial wheels, air suspension, hydraulic cylinders and wind-turbine parts.

    Automobile and Auto Components
    Consumer Discretionary
    View WHEELS earnings calls
    ₹1,553.4
    +15.56% from avg

    Overview

    Price

    ₹1,553.4

    Market Cap

    ₹3.5k Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2424242424242424
    Reserves573575651680770847882950
    Borrowings584630838776727716718753
    Other Liabilities5809891.2k1.3k1.3k1.4k1.5k1.6k
    Total Liabilities1.8k2.2k2.7k2.8k2.9k3.0k3.1k3.3k
    AssetsFixed Assets6487837729339781.2k1.2k1.4k
    CWIP13443857075466263
    Investments171714912244949
    Other Assets9631.4k1.9k1.8k1.8k1.8k1.8k1.8k
    Total Assets1.8k2.2k2.7k2.8k2.9k3.0k3.1k3.3k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating175159138-16359314400464
    Cash from Investing-183-199-110-116-145-141-255-277
    Cash from Financing052-27122-210-140-146-176
    SummaryCapital Expenditure
    Free Cash Flow-11-4226-133211173151205
    FCF Margin

    Valuation

    Assumptions

    Current — WHEELS
    Price
    ₹1,553
    EPS (TTM)
    ₹56.72
    PE (TTM)
    27.4
    Profit growth
    37.6%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (19.6×) and current (27.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,553
    vs
    Fair value · 15% return
    ₹2,716
    75%Undervalued

    At 37.6% growth and a 20× exit, ₹1553 only delivers your return if you pay ₹2,716. The price is currently baking in 24% growth.

    EPS grows 37.6%/yr for 5 years, then fades to 6% over 2, exits at 20×.

    YearGrowthEPS (₹)
    FY2737.6%78.05
    FY2837.6%107.39
    FY2937.6%147.77
    FY3037.6%203.33
    FY3137.6%279.79
    FY3221.8% ·fade340.78
    FY336.0% ·fade361.23

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Wheels India Limited

    Guides on how to read this kind of business and the numbers that matter.