Wheels India Ltd
NSE: WHEELS BSE: 590073
₹1676.40
(7.09%)
Sat, 30 May 2026, 01:10 pm
Market Cap38.18B
PE Ratio26.42
Dividend0.79
Producer Manufacturing
Auto Parts: OEM
24.5KWheels India Analysis
dividend
- Dividends per share have increased over the past 10 years.
- Dividends paid are well covered by earnings (3.4x coverage).
- Wheels India's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Wheels India's dividend is below the markets top 25% of dividend payers in India (3.08%).
health
- Wheels India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Wheels India is profitable, therefore cash runway is not a concern.
- Wheels India is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (38.7%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 2.3x debt.
- Wheels India's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (71.5% vs 71.1% today).
- Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
- Wheels India's level of debt (71.1%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
- The tenure for the Wheels India board of directors is about average.
- The tenure for the Wheels India management team is about average.
- Srivats's remuneration is higher than average for companies of similar size in India.
- Srivats's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.
misc
- Wheels India is not covered by any analysts.
- Wheels India has significant price volatility in the past 3 months.
past
- Wheels India's year on year earnings growth rate has been positive over the past 5 years.
- Wheels India's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Wheels India used its assets less efficiently than the IN Auto Components industry average last year based on Return on Assets.
- Wheels India's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- Wheels India has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Wheels India's 1-year earnings growth is negative, it can't be compared to the IN Auto Components industry average.
value
- BSE:590073 is up 26.9% outperforming the Auto Components industry which returned 13.2% over the past month.
- BSE:590073 is up 26.9% outperforming the market in India which returned 8% over the past month.
- Wheels India's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Wheels India's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Wheels India is overvalued based on assets compared to the IN Auto Components industry average.
- Wheels India is overvalued based on earnings compared to the IN Auto Components industry average.
- Wheels India is overvalued based on earnings compared to the India market.
- 590073 underperformed the Auto Components industry which returned -22.4% over the past year.
- 590073 underperformed the Market in India which returned -14.5% over the past year.