Wheels India releases conference call transcript

0 min read     Updated on 22 May 2026, 03:31 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Wheels India Limited has released the transcript of its conference call with Fund Managers, Analysts, and Investors held on May 15, 2026. The disclosure was made to the stock exchanges on May 21, 2026, in compliance with Regulation 30 of the SEBI LODR Regulations.

powered bylight_fuzz_icon
40708894

*this image is generated using AI for illustrative purposes only.

Wheels India Limited has released the transcript of its conference call with Fund Managers, Analysts, and Investors. The meeting was originally held on May 15, 2026, at 3:30 P.M. (IST), pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Details

The company disclosed the availability of the transcript via a letter dated May 21, 2026. The document provides a detailed record of the discussions held during the session. Key details regarding the event are summarised below:

Parameter Details
Event Date May 15, 2026
Event Time 3:30 P.M. (IST)
Participants Fund Managers, Analysts, and Investors
Transcript Release Date May 21, 2026
Regulatory Basis Regulation 30, SEBI LODR
Transcript Access Transcript PDF

Regulatory Compliance

The disclosure regarding the transcript was submitted to the National Stock Exchange of India Limited and BSE Limited. The intimation was digitally signed by K V Lakshmi, Company Secretary & Compliance Officer, on May 21, 2026. Wheels India Limited's registered office is located at 21, Patullos Road, Chennai – 600 002.

Historical Stock Returns for Wheels

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%-3.15%+13.39%+85.59%+97.99%+153.83%

What key financial metrics or guidance did Wheels India Limited's management provide during the May 15 conference call that could signal future revenue growth?

How might Wheels India Limited's strategic outlook discussed in the conference call impact its competitive positioning in the commercial vehicle wheel segment?

Did management address any capacity expansion plans or capital expenditure roadmap that could affect the company's earnings trajectory in FY2027?

Wheels India FY26 Net Profit Rs 158.05 Cr; Revenue Crosses Rs 5,000 Cr

6 min read     Updated on 21 May 2026, 11:32 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Wheels India Limited reported a 41% year-on-year increase in consolidated net profit to Rs. 158.05 Crores for FY26, with standalone revenue crossing Rs. 5,000 Crores. The Board recommended a final dividend of Rs. 9.14 per share, taking the total dividend for the year to Rs. 14.44 per share, payable on or before July 30, 2026.

powered bylight_fuzz_icon
40025378

*this image is generated using AI for illustrative purposes only.

Wheels India Limited reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, approved by the Board of Directors at their meeting held on May 15, 2026. On a consolidated basis, the company posted a net profit of Rs. 58.81 Crores for Q4FY26, compared to Rs. 38.54 Crores in Q4FY25, while full-year consolidated net profit rose to Rs. 158.05 Crores from Rs. 112.19 Crores in FY25. Standalone revenues crossed the milestone of Rs. 5,000 Crores in FY26, reaching Rs. 5,124 Crores — an increase of 16% over Rs. 4,425 Crores registered in the previous year. The results were audited by M/s. Brahmayya & Co., Chartered Accountants, who issued an unmodified audit opinion on both standalone and consolidated financial results.

Q4FY26 and FY26 Financial Highlights

The company's performance reflects broad-based year-on-year improvement across key financial metrics on both standalone and consolidated bases. The following table summarizes the key consolidated results:

Metric: Q4FY26 (Consolidated) Q4FY25 (Consolidated) FY26 (Consolidated) FY25 (Consolidated)
Revenue from Operations: Rs. 1,564.02 Cr Rs. 1,277.19 Cr Rs. 5,464.94 Cr Rs. 4,744.40 Cr
Total Income: Rs. 1,572.77 Cr Rs. 1,278.14 Cr Rs. 5,487.72 Cr Rs. 4,749.06 Cr
Profit Before Tax: Rs. 77.33 Cr Rs. 51.57 Cr Rs. 209.10 Cr Rs. 148.90 Cr
Net Profit: Rs. 58.81 Cr Rs. 38.54 Cr Rs. 158.05 Cr Rs. 112.19 Cr
Total Comprehensive Income: Rs. 57.59 Cr Rs. 38.71 Cr Rs. 152.63 Cr Rs. 112.56 Cr
Basic EPS (Rs. 10 face value): Rs. 23.78* Rs. 15.66* Rs. 63.44 Rs. 45.39

*Not annualised

On a standalone basis, the company reported net profit of Rs. 52.30 Crores for Q4FY26 versus Rs. 35.99 Crores in Q4FY25, and full-year standalone net profit of Rs. 138.56 Crores compared to Rs. 105.85 Crores in FY25. Standalone revenue from operations for FY26 stood at Rs. 5,098.35 Crores against Rs. 4,415.33 Crores in FY25.

Metric: Q4FY26 (Standalone) Q4FY25 (Standalone) FY26 (Standalone) FY25 (Standalone)
Revenue from Operations: Rs. 1,462.13 Cr Rs. 1,192.27 Cr Rs. 5,098.35 Cr Rs. 4,415.33 Cr
Total Income: Rs. 1,471.49 Cr Rs. 1,194.82 Cr Rs. 5,124.40 Cr Rs. 4,424.86 Cr
Profit Before Tax: Rs. 69.79 Cr Rs. 48.42 Cr Rs. 185.41 Cr Rs. 140.90 Cr
Net Profit: Rs. 52.30 Cr Rs. 35.99 Cr Rs. 138.56 Cr Rs. 105.85 Cr
Basic EPS (Rs. 10 face value): Rs. 21.41* Rs. 14.73* Rs. 56.71 Rs. 43.32

*Not annualised

Segment-Wise Performance

Wheels India operates across two reportable segments: Automotive Components and Industrial Components. The consolidated segment-wise revenue and results for the quarter and full year are presented below:

Segment: Q4FY26 Revenue Q4FY25 Revenue FY26 Revenue FY25 Revenue
Automotive Components: Rs. 1,303.89 Cr Rs. 1,045.77 Cr Rs. 4,526.42 Cr Rs. 3,903.43 Cr
Industrial Components: Rs. 260.13 Cr Rs. 231.42 Cr Rs. 938.52 Cr Rs. 840.97 Cr
Total: Rs. 1,564.02 Cr Rs. 1,277.19 Cr Rs. 5,464.94 Cr Rs. 4,744.40 Cr
Segment Results (Profit before tax & interest): Q4FY26 Q4FY25 FY26 FY25
Automotive Components: Rs. 85.87 Cr Rs. 71.21 Cr Rs. 287.55 Cr Rs. 234.52 Cr
Industrial Components: Rs. 20.54 Cr Rs. 10.75 Cr Rs. 41.31 Cr Rs. 35.94 Cr
Total Profit Before Tax: Rs. 77.33 Cr Rs. 51.57 Cr Rs. 209.10 Cr Rs. 148.90 Cr

Total consolidated segment assets stood at Rs. 3,526.93 Crores as at March 31, 2026, compared to Rs. 3,206.23 Crores as at March 31, 2025. Total consolidated segment liabilities were Rs. 2,472.00 Crores versus Rs. 2,273.82 Crores in the prior year.

Balance Sheet and Cash Flow Highlights

The consolidated balance sheet as at March 31, 2026 reflects total assets of Rs. 3,526.93 Crores, up from Rs. 3,206.23 Crores as at March 31, 2025. Total equity (including non-controlling interest) stood at Rs. 1,054.93 Crores versus Rs. 932.41 Crores in the prior year. Consolidated reserves (excluding revaluation reserves) were Rs. 1,017.03 Crores as at March 31, 2026, compared to Rs. 897.57 Crores as at March 31, 2025. Paid-up equity share capital remained unchanged at Rs. 24.43 Crores.

Balance Sheet Parameter: Consolidated FY26 Consolidated FY25
Total Assets: Rs. 3,526.93 Cr Rs. 3,206.23 Cr
Total Equity (incl. NCI): Rs. 1,054.93 Cr Rs. 932.41 Cr
Non-Current Liabilities: Rs. 408.67 Cr Rs. 392.92 Cr
Current Liabilities: Rs. 2,063.33 Cr Rs. 1,880.90 Cr
Paid-up Share Capital: Rs. 24.43 Cr Rs. 24.43 Cr

On a consolidated cash flow basis, net cash flow from operating activities for FY26 was Rs. 477.35 Crores compared to Rs. 400.47 Crores in FY25. Net cash used in investing activities was Rs. 291.70 Crores, while net cash used in financing activities was Rs. 174.75 Crores. Closing cash and cash equivalents stood at Rs. 38.90 Crores versus Rs. 28.01 Crores in the prior year.

Dividend, AGM, and Corporate Actions

The Board of Directors recommended a final dividend of Rs. 9.14 (91.4%) per equity share of Rs. 10/- each for the financial year 2025-26, amounting to Rs. 22.33 Crores, subject to approval of members at the ensuing Annual General Meeting. Combined with the interim dividend of Rs. 5.3 per share declared earlier in the year, the total dividend for FY26 amounts to Rs. 14.44 per share. If approved, the final dividend shall be paid on or before July 30, 2026, with a record date of June 24, 2026.

Corporate Action: Details
Final Dividend: Rs. 9.14 (91.4%) per equity share of Rs. 10/- each
Interim Dividend: Rs. 5.3 per share
Total Dividend for FY26: Rs. 14.44 per share
Total Dividend Amount: Rs. 22.33 Crores
Record Date: June 24, 2026
Dividend Payment Deadline: On or before July 30, 2026
67th AGM Date: July 1, 2026 (Wednesday)
AGM Mode: Video Conferencing / Other Audio-Visual Means
Book Closure: June 25, 2026 to July 1, 2026 (both days inclusive)

The Board also approved the alteration of the Articles of Association to align with the Companies Act, 2013, subject to shareholder approval at the ensuing AGM. The Board meeting commenced at 11:30 A.M. and concluded at 2:00 P.M. on May 15, 2026.

Historical Stock Returns for Wheels

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%-3.15%+13.39%+85.59%+97.99%+153.83%

With standalone revenues crossing Rs. 5,000 Crores in FY26, what strategic investments or capacity expansions is Wheels India planning to sustain double-digit revenue growth into FY27?

Given the Industrial Components segment's profit nearly doubling in Q4FY26, which specific end-markets or product lines are driving this acceleration and could it become a larger revenue contributor going forward?

How might potential slowdowns in domestic commercial vehicle production or export demand impact Wheels India's Automotive Components segment, which accounts for over 80% of consolidated revenues?

More News on Wheels

1 Year Returns:+97.99%