Wheels
837.50
-3.95(-0.47%)
Market Cap₹- Cr
PE Ratio-
IndustryAutomobiles
Company Performance:
1D-0.47%
1M-8.68%
6M+12.54%
1Y+15.55%
5Y+85.00%
View Company Insightsright
More news about Wheels
05Aug 25
Wheels India Reports Robust Q1 Performance with 8.3% Revenue Growth
Wheels India, a leading manufacturer of commercial vehicle wheels, has reported impressive Q1 financial results. Revenue increased by 8.3% to ₹13.00 billion, while net profit surged 26.7% to ₹299.00 million. The company's EBITDA improved by 17.7% to ₹936.00 million, with EBITDA margin expanding to 7.40% from 6.82%. These results demonstrate Wheels India's operational efficiency and strong market position in the automotive components sector.
04Aug 25
Steel Strips Wheels Secures ₹300 Crore Export Orders from European OEMs
Wheels, an automotive wheel manufacturer, has obtained export nominations worth ₹300 crore from two major European OEMs for its steel wheel business. The contracts, set for production in the EU and South America, will be executed over five years starting from early 2027 at the company's Chennai facility. This aligns with Wheels' strategy to diversify its export footprint and reduce dependence on the U.S. market. The company's shares rose 2.74% to ₹223.05 on the BSE following the announcement.
18Jul 25
Wheels India Expands European Presence with New German Subsidiary
Wheels India Limited has incorporated 'WIL Europe GmbH' in Germany on July 17, 2025, as part of its European expansion strategy. This follows the recent establishment of a U.S. subsidiary, WIL USA Inc. The German subsidiary aims to drive business growth, enhance customer support, and increase market penetration in Europe. Wheels India has shown resilience in various sectors and commissioned a new tractor wheel line in March 2025. The company is focusing on export growth and has started supplying to a major car manufacturer, with aluminum wheels now contributing to about 40% of fitments in the passenger vehicle segment.
13Jul 25
Wheels India Expands European Presence with New Subsidiary Investment
Wheels India Ltd has invested 50,000 euros in its newly formed subsidiary, WIL Europe GmbH, to strengthen its presence in the European market. The subsidiary, currently in the formation stage, will focus on automotive and non-automotive activities, supply chain management, and allied services. This strategic move aims to expand Wheels India's global footprint and optimize its operations in Europe.
25Jun 25
Wheels India Approves ₹22.68 Crore Investment in Axles India Shares
Wheels India, a leading manufacturer of commercial vehicle wheels, has approved the purchase of shares in Axles India for ₹22.68 crore. This strategic investment aims to strengthen Wheels India's position in the automotive components sector. The move suggests potential vertical integration, product diversification, and market expansion for Wheels India. The company's stable financial position, with total assets of ₹2,861.40 crore and total equity of ₹794.10 crore, supports this strategic investment.
20May 25
Wheels India Reports Q4 Results: EBITDA Rises, Dividend Declared
Wheels India reported Q4 financial results with improved EBITDA of ₹1.03 billion, up from ₹973.00 million year-over-year. EBITDA margin increased to 8.09% from 7.66%. Revenue remained stable at ₹13.00 billion. However, consolidated net profit slightly decreased to ₹382.00 million from ₹385.00 million. The company declared a dividend of ₹7.03 per share.
Wheels
837.50
-3.95
(-0.47%)
1 Year Returns:+15.55%
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