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Earnings Call

Wheels India Earnings Call: Key Takeaways

Wheels India achieved record FY26 revenue of ₹5,124cr with 16% growth. Strategy focuses on high-margin exports and industrial components like windmills and hydraulic cylinders.

Why this was an Alfa AlertNot a filter event. Results and growth are in line with the company's long-term strategy without explicit prior guidance beats.
Highlights
Revenue growth16% for FY26; 23% for Q4.
MarginsTargeting 10%+ EBITDA; current ROCE 18%+, RONW 15.5%.
Demand visibilityLow (1 month) due to volatile global environment.
Management confidenceHigh on strategy consistency and export trajectory.

Growth

FY26 revenue up 16% (₹5,124cr); Q4 PAT up 45%. Consolidated Q4 PAT exceeded ₹50cr for first time.

Outlook

Targeting double-digit EBITDA margins in 2 years. Planned FY27 capex of ₹280-300cr to expand aluminum and windmill machining.

Risks

Geopolitical crises impacting West Asia, commodity price inflation (steel/aluminum), and potential repo rate hikes by RBI.

Source

Earnings Call filed with NSE, NSE: WHEELS. Summary written with AI assistance from the document.

Read the document ↗

Wheels India Ltd: key numbers

Share price
₹2,296.40
Market cap
₹5,611 Cr
Revenue (annual)
₹5,465 Cr
Net profit (annual)
₹155.0 Cr
P/E (TTM)
34.3×Sector 33.6×
Promoter holding
58.31%+0.00% QoQ
FII holding
1.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Wheels India Ltd

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20:27 IST NSE
Capital Structure Change

Wheels India Capital Structure Change

Wheels India Limited closed its QIP, allocating 11,97,318 equity shares at Rs. 2088 per share. This placement raises Rs. 249.99 Crore in capital.

Value
₹250.0 Cr
19:13 IST NSE
Fund Raise

Wheels India Fund Raise

Wheels India Limited approved a floor price of ₹2,197.10 per share and opened its Qualified Institutions Placement to raise capital from institutional investors.

14:42 IST BSE
Capital Structure Change

Wheels India Capital Structure Change

Promoter TSF Investments acquired 10,26,694 Wheels India shares via preferential allotment. Promoter stake increased from 25.01% to 27.81%.

19:08 IST NSE
Capital Structure Change

Wheels India Capital Structure Change

Wheels India Limited allotted 12,32,031 equity shares at Rs. 1461 per share via a preferential issue, raising Rs. 179.9997 Crore.

Value
₹180.0 Cr
21:01 IST NSE
Annual General Meeting

Wheels India Annual General Meeting

Wheels India Limited held its Extraordinary General Meeting on September 17, 2026. Shareholders discussed preferential equity issuance and enhancement of fund-raising limits.

11:07 IST NSE
Price Movement Clarification

Wheels India Price Movement Clarification

Wheels India told NSE there is no undisclosed or price-sensitive information behind the observed price spurt. The company reaffirmed its compliance with SEBI LODR disclosure requirements.