- Total income
- ₹4,705 Cr
- Profit
- ₹111 Cr

About Wheels India Limited
Data last updated:
Wheels India Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 13 June 1960 and has been in existence for over 66 years.
Wheels India is ranked #494 on the Fortune India 500 (2025). Its director Viji Santhanam is #1,028 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L35921TN1960PLC004175. Its GSTIN is 33AAACW0315K1ZO (Tamil Nadu). The company holds 12 GST registrations, of which 11 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 590073 and NSE: WHEELS.
The company has an authorised share capital of ₹103.5 Cr and a paid-up capital of ₹24.43 Cr. It was formerly known as Wheels India Private Limited. It is led by directors including Srivats Ram (Managing Director) and Rishikesha Thiruvenkata Krishnan.
Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 21 Pattulos Roadchennai Tamilnadu, Tamil Nadu, India – 600002.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹5,464.94 Cr, a growth of 15.2% compared to the previous year. For the same year it recorded a net profit of ₹154.97 Cr (net margin 2.8%) and EBITDA of ₹412.82 Cr (EBITDA margin 7.6%). The net worth stands at ₹1,041.46 Cr (up 13% YoY). Total assets are valued at ₹1,837.06 Cr (up 9.4% YoY).
The company has about 4,726 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Wheels India. As per MCA filings, the company has open charges of ₹1,010 Cr and satisfied charges of ₹1,050.88 Cr on record. Court records list 279 cases involving the company, including 152 filed by the company and 127 filed against it; 32 cases are pending. The company has 26 deals on record (22 market trades, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹180 Cr; the latest was in August 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wheelsindia.com.
Company details
CIN history
Wheels India has one previous CIN (Corporate Identification Number): U35921TN1960PLC004175. The current CIN is L35921TN1960PLC004175, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L35921TN1960PLC004175 | Current |
| U35921TN1960PLC004175 | Previous |
Recognitions & Rankings of Wheels India
- #1,028 Viji Santhanam ₹2,600 Cr
Contact details
Wheels India Limited's registered office is in Chennai, Tamil Nadu. Its website is wheelsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address21 Pattulos Roadchennai Tamilnadu, Tamil Nadu, India – 600002
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Wheels India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Wheels India operates one associated brand: Wheels India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wheels India is engaged in manufacturing automotive and industrial components. | wheelsindia.com |
Business activity
The main business activity of Wheels India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Wheels India Limited, buy the company report.
Financials of Wheels India Limited
FY 2025-26 filings availableWheels India Limited reported revenue of ₹5,464.94 Cr (up 15.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,465 | 4,744 | 4,977 | 4,640 | 3,966 | 2,413 | 2,672 |
| Revenue growth | +15.2% | -4.7% | +7.3% | +17.0% | +64.4% | -9.7% | - |
| EBITDA | 413 | 352 | 266 | 221 | 255 | 143 | 172 |
| EBITDA margin | +7.6% | +7.4% | +5.3% | +4.8% | +6.4% | +5.9% | +6.4% |
| Profit before tax | 209 | 149 | 74.85 | 65.86 | 97.80 | 0.80 | 35.53 |
| Net profit | 155 | 111 | 62.71 | 55.27 | 76.43 | 1.82 | 49.06 |
| Net profit margin | +2.8% | +2.3% | +1.3% | +1.2% | +1.9% | +0.1% | +1.8% |
| EPS (₹) | 63.45 | 45.40 | 25.69 | 23.00 | 31.78 | 0.76 | 20.39 |
| Balance sheet | |||||||
| Total assets | 1,837 | 1,679 | 1,636 | 1,625 | 1,634 | 1,385 | 1,340 |
| Net worth | 1,041 | 922 | 840 | 784 | 734 | 661 | 664 |
| Total debt | 768 | 737 | 778 | 819 | 876 | 698 | 650 |
| Cash & bank | 4.16 | 4.91 | 5.30 | 4.76 | 4.23 | 3.47 | 6.04 |
| Net working capital | 195 | 295 | 369 | 441 | 583 | 384 | 379 |
| Cash flow | |||||||
| Cash from operations | 477 | 400 | 329 | 370 | 27.61 | 148 | 184 |
| Cash from investing | (292) | (213) | (150) | (152) | (120) | (118) | (242) |
| Cash from financing | (175) | (188) | (146) | (216) | 83.81 | (31.08) | 69.87 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,491 | 1,564 | 1,371 | 1,264 | 1,266 | 1,277 | 1,125 | 1,176 |
| Revenue growth (YoY) | +17.8% | +22.5% | +21.9% | +7.4% | +8.5% | - | - | - |
| Other income | 4.44 | 12.05 | 8.00 | 6.77 | 4.50 | 2.60 | 3.29 | 2.43 |
| EBITDA | 112 | 126 | 100 | 92.60 | 93.65 | 103 | 85.12 | 83.46 |
| EBITDA margin | +7.5% | +8.1% | +7.3% | +7.3% | +7.4% | +8.1% | +7.6% | +7.1% |
| Depreciation | 32.91 | 31.99 | 29.34 | 27.49 | 26.46 | 23.95 | 24.05 | 22.68 |
| Interest | 28.57 | 29.09 | 30.36 | 29.58 | 30.73 | 30.39 | 30.94 | 30.76 |
| Profit before tax | 54.78 | 77.33 | 48.53 | 42.30 | 40.96 | 51.56 | 33.42 | 32.45 |
| Tax | 15.84 | 18.52 | 11.64 | 10.52 | 10.37 | 13.02 | 7.95 | 8.01 |
| Net profit | 38.94 | 58.81 | 36.89 | 31.78 | 30.59 | 38.54 | 25.47 | 24.44 |
| EPS (₹) | 15.68 | 23.78 | 14.76 | 12.68 | 12.23 | 15.77 | 10.25 | 9.82 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,098 | 4,415 | 4,607 | 4,321 | 3,687 | 2,212 | 2,429 |
| Revenue growth | +15.5% | -4.2% | +6.6% | +17.2% | +66.7% | -8.9% | - |
| EBITDA | 378 | 327 | 264 | 223 | 250 | 139 | 166 |
| EBITDA margin | +7.4% | +7.4% | +5.7% | +5.2% | +6.8% | +6.3% | +6.8% |
| Profit before tax | 185 | 141 | 89.02 | 82.15 | 107 | 9.72 | 44.60 |
| Net profit | 139 | 106 | 67.82 | 62.35 | 79.79 | 6.75 | 54.11 |
| Net profit margin | +2.7% | +2.4% | +1.5% | +1.4% | +2.2% | +0.3% | +2.2% |
| EPS (₹) | 56.72 | 43.33 | 27.78 | 25.96 | 33.16 | 2.81 | 22.49 |
| Balance sheet | |||||||
| Total assets | 1,738 | 1,595 | 1,527 | 1,516 | 1,518 | 1,235 | 1,186 |
| Net worth | 975 | 871 | 794 | 734 | 675 | 599 | 597 |
| Total debt | 753 | 716 | 727 | 776 | 838 | 630 | 584 |
| Cash & bank | 3.23 | 3.84 | 3.98 | 4.06 | 2.82 | 2.62 | 4.49 |
| Net working capital | 267 | 376 | 474 | 532 | 658 | 418 | 404 |
| Cash flow | |||||||
| Cash from operations | 464 | 400 | 314 | 359 | (16.41) | 138 | 159 |
| Cash from investing | (277) | (255) | (141) | (145) | (116) | (110) | (199) |
| Cash from financing | (176) | (146) | (140) | (210) | 122 | (27.06) | 51.52 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,380 | 1,462 | 1,280 | 1,173 | 1,183 | 1,192 | 1,057 | 1,084 |
| Revenue growth (YoY) | +16.7% | +22.6% | +21.2% | +8.2% | +9.3% | - | - | - |
| Other income | 5.64 | 9.36 | 6.85 | 5.93 | 4.17 | 2.55 | 1.04 | 1.44 |
| Total expenses | 1,278 | 1,345 | 1,190 | 1,089 | 1,098 | 1,095 | 978 | 1,008 |
| EBITDA | 102 | 117 | 90.83 | 84.18 | 84.99 | 96.88 | 78.81 | 76.11 |
| EBITDA margin | +7.4% | +8.0% | +7.1% | +7.2% | +7.2% | +8.1% | +7.5% | +7.0% |
| Depreciation | 30.76 | 29.81 | 26.75 | 25.38 | 24.57 | 22.72 | 21.55 | 20.70 |
| Interest | 26.84 | 27.19 | 28.36 | 27.51 | 28.76 | 28.29 | 28.10 | 27.50 |
| Profit before tax | 50.31 | 69.79 | 42.57 | 37.22 | 35.83 | 48.42 | 30.20 | 29.35 |
| Tax | 13.27 | 17.49 | 10.52 | 9.45 | 9.39 | 12.43 | 7.63 | 7.43 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,491 | 1,564 | 1,371 | 1,264 | 1,266 | 1,277 | 1,125 | 1,176 |
| Revenue growth (YoY) | +17.8% | +22.5% | +21.9% | +7.4% | +8.5% | - | - | - |
| Other income | 4.44 | 12.05 | 8.00 | 6.77 | 4.50 | 2.60 | 3.29 | 2.43 |
| EBITDA | 112 | 126 | 100 | 92.60 | 93.65 | 103 | 85.12 | 83.46 |
| EBITDA margin | +7.5% | +8.1% | +7.3% | +7.3% | +7.4% | +8.1% | +7.6% | +7.1% |
| Depreciation | 32.91 | 31.99 | 29.34 | 27.49 | 26.46 | 23.95 | 24.05 | 22.68 |
| Interest | 28.57 | 29.09 | 30.36 | 29.58 | 30.73 | 30.39 | 30.94 | 30.76 |
| Profit before tax | 54.78 | 77.33 | 48.53 | 42.30 | 40.96 | 51.56 | 33.42 | 32.45 |
| Tax | 15.84 | 18.52 | 11.64 | 10.52 | 10.37 | 13.02 | 7.95 | 8.01 |
| Net profit | 38.94 | 58.81 | 36.89 | 31.78 | 30.59 | 38.54 | 25.47 | 24.44 |
| EPS (₹) | 15.68 | 23.78 | 14.76 | 12.68 | 12.23 | 15.77 | 10.25 | 9.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,465 | 4,744 | 4,977 | 4,640 | 3,966 | 2,413 | 2,672 |
| Revenue growth | +15.2% | -4.7% | +7.3% | +17.0% | +64.4% | -9.7% | - |
| Other income | 31.32 | 11.19 | 16.39 | 26.06 | 15.63 | 2.36 | 8.03 |
| Total expenses | 5,052 | 4,392 | 4,711 | 4,420 | 3,712 | 2,270 | 2,500 |
| Employee cost | 591 | 507 | 513 | 457 | 379 | 300 | 310 |
| EBITDA | 413 | 352 | 266 | 221 | 255 | 143 | 172 |
| EBITDA margin | +7.6% | +7.4% | +5.3% | +4.8% | +6.4% | +5.9% | +6.4% |
| Depreciation | 115 | 93.22 | 84.91 | 74.37 | 101 | 85.60 | 77.92 |
| Interest | 120 | 122 | 122 | 106 | 71.49 | 58.87 | 66.52 |
| Profit before tax | 209 | 149 | 74.85 | 65.86 | 97.80 | 0.80 | 35.53 |
| Tax | 51.05 | 36.71 | 15.95 | 14.43 | 23.62 | 0.68 | (11.79) |
| Net profit | 155 | 111 | 62.71 | 55.27 | 76.43 | 1.82 | 49.06 |
| Net profit margin | +2.8% | +2.3% | +1.3% | +1.2% | +1.9% | +0.1% | +1.8% |
| EPS (₹) | 63.45 | 45.40 | 25.69 | 23.00 | 31.78 | 0.76 | 20.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 24.43 | 24.43 | 24.43 | 53.38 | 24.06 | 24.06 | 24.06 |
| Reserves & surplus | 1,017 | 898 | 815 | 731 | 710 | 637 | 640 |
| Shareholders' funds (net worth) | 1,041 | 922 | 840 | 784 | 734 | 661 | 664 |
| Minority interest | 13.47 | 10.41 | 9.16 | 13.00 | 17.00 | 19.31 | 20.98 |
| Secured loans | 382 | 426 | 498 | 426 | 426 | 330 | 487 |
| Unsecured loans | 386 | 311 | 280 | 393 | 450 | 368 | 163 |
| Total debt | 768 | 737 | 778 | 819 | 876 | 698 | 650 |
| Total liabilities | 1,837 | 1,679 | 1,636 | 1,625 | 1,634 | 1,385 | 1,340 |
| Assets | |||||||
| Gross block | 2,710 | 2,433 | 2,222 | 2,053 | 1,825 | 1,729 | 1,517 |
| Net block | 1,506 | 1,295 | 1,149 | 1,060 | 903 | 883 | 753 |
| Capital work in progress | 68.72 | 50.34 | 77.47 | 114 | 126 | 114 | 198 |
| Investments | 78.34 | 46.27 | 32.07 | 22.16 | 24.50 | 23.14 | 23.29 |
| Inventories | 746 | 769 | 882 | 884 | 800 | 548 | 412 |
| Sundry debtors | 818 | 801 | 726 | 769 | 891 | 741 | 472 |
| Cash & bank balances | 4.16 | 4.91 | 5.30 | 4.76 | 4.23 | 3.47 | 6.04 |
| Loans & advances | 236 | 172 | 174 | 160 | 185 | 137 | 89.66 |
| Total current assets | 1,804 | 1,747 | 1,788 | 1,818 | 1,881 | 1,429 | 980 |
| Total current liabilities | 1,609 | 1,452 | 1,419 | 1,377 | 1,297 | 1,045 | 601 |
| Net working capital | 195 | 295 | 369 | 441 | 583 | 384 | 379 |
| Total assets | 1,837 | 1,679 | 1,636 | 1,625 | 1,634 | 1,385 | 1,340 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 28.01 | 28.30 | (5.29) | (8.24) | 7.69 | 8.18 | (3.43) |
| Net cash from operating activities | 477 | 400 | 329 | 370 | 27.61 | 148 | 184 |
| Net cash from investing activities | (292) | (213) | (150) | (152) | (120) | (118) | (242) |
| Net cash from financing activities | (175) | (188) | (146) | (216) | 83.81 | (31.08) | 69.87 |
| Net change in cash | 10.89 | (0.29) | 33.59 | 2.95 | (8.95) | (0.49) | 11.61 |
| Closing cash | 4.16 | 4.91 | 5.30 | 4.76 | 4.23 | 3.47 | 6.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +15.2% | -4.7% | +7.3% | +17.0% | +64.4% | -9.7% | - |
| EBITDA growth | +17.1% | +32.6% | +20.5% | -13.4% | +78.2% | -16.9% | - |
| PBT growth | +40.4% | +98.9% | +13.7% | -32.7% | - | -97.8% | -67.2% |
| Net income growth | +39.7% | +76.9% | +13.5% | -27.7% | +4099.5% | -96.3% | - |
| Revenue CAGR (3Y) | +5.6% | +6.2% | +27.3% | +20.2% | +4.9% | -2.0% | +7.1% |
| EBITDA CAGR (3Y) | +23.2% | +11.5% | +23.0% | +8.7% | +1.3% | -10.4% | -2.5% |
| Profitability & leverage | |||||||
| Net income margin | +2.9% | +2.4% | +1.2% | +1.1% | +1.9% | 0.0% | +1.8% |
| Return on capital employed | +18.8% | +16.4% | +12.2% | +10.7% | +11.4% | +4.4% | +8.3% |
| Return on net worth | +16.1% | +12.7% | +7.4% | +6.9% | +10.6% | +0.0% | +7.3% |
| Debt / equity | 0.77 | 0.86 | 0.98 | 1.12 | 1.13 | 1.02 | 0.88 |
| Long-term debt / equity | 0.32 | 0.34 | 0.32 | 0.33 | 0.44 | 0.48 | 0.38 |
| Interest cover | 40.25 | 46.89 | 67.69 | 72.78 | 46.52 | 102.72 | 70.75 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.13 | 2.04 | 2.33 | 2.39 | 2.23 | 1.49 | 1.83 |
| Inventory turnover | 7.21 | 5.75 | 5.64 | 5.51 | 5.89 | 5.03 | 6.31 |
| Debtors turnover | 6.75 | 6.21 | 6.66 | 5.59 | 4.86 | 3.98 | 5.05 |
| EPS (₹) | 63.45 | 45.40 | 25.69 | 23.00 | 31.78 | 0.76 | 20.39 |
| Dividend per share (₹) | 14.44 | 11.53 | 7.39 | 6.97 | 8.30 | 1.00 | 5.65 |
| Book value per share (₹) | 426.30 | 377.40 | 343.74 | 313.79 | 304.94 | 274.60 | 275.86 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,380 | 1,462 | 1,280 | 1,173 | 1,183 | 1,192 | 1,057 | 1,084 |
| Revenue growth (YoY) | +16.7% | +22.6% | +21.2% | +8.2% | +9.3% | - | - | - |
| Other income | 5.64 | 9.36 | 6.85 | 5.93 | 4.17 | 2.55 | 1.04 | 1.44 |
| Total expenses | 1,278 | 1,345 | 1,190 | 1,089 | 1,098 | 1,095 | 978 | 1,008 |
| EBITDA | 102 | 117 | 90.83 | 84.18 | 84.99 | 96.88 | 78.81 | 76.11 |
| EBITDA margin | +7.4% | +8.0% | +7.1% | +7.2% | +7.2% | +8.1% | +7.5% | +7.0% |
| Depreciation | 30.76 | 29.81 | 26.75 | 25.38 | 24.57 | 22.72 | 21.55 | 20.70 |
| Interest | 26.84 | 27.19 | 28.36 | 27.51 | 28.76 | 28.29 | 28.10 | 27.50 |
| Profit before tax | 50.31 | 69.79 | 42.57 | 37.22 | 35.83 | 48.42 | 30.20 | 29.35 |
| Tax | 13.27 | 17.49 | 10.52 | 9.45 | 9.39 | 12.43 | 7.63 | 7.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,098 | 4,415 | 4,607 | 4,321 | 3,687 | 2,212 | 2,429 |
| Revenue growth | +15.5% | -4.2% | +6.6% | +17.2% | +66.7% | -8.9% | - |
| Other income | 26.05 | 9.53 | 11.92 | 23.74 | 14.38 | 4.19 | 10.16 |
| Total expenses | 4,721 | 4,089 | 4,343 | 4,099 | 3,436 | 2,073 | 2,262 |
| Employee cost | 554 | 475 | 479 | 427 | 352 | 275 | 284 |
| EBITDA | 378 | 327 | 264 | 223 | 250 | 139 | 166 |
| EBITDA margin | +7.4% | +7.4% | +5.7% | +5.2% | +6.8% | +6.3% | +6.8% |
| Depreciation | 107 | 85.54 | 78.85 | 68.47 | 95.02 | 80.63 | 70.20 |
| Interest | 112 | 110 | 108 | 95.66 | 63.10 | 52.68 | 61.53 |
| Profit before tax | 185 | 141 | 89.02 | 82.15 | 107 | 9.72 | 44.60 |
| Tax | 46.85 | 35.05 | 21.15 | 19.69 | 26.72 | 2.97 | (9.51) |
| Net profit | 139 | 106 | 67.82 | 62.35 | 79.79 | 6.75 | 54.11 |
| Net profit margin | +2.7% | +2.4% | +1.5% | +1.4% | +2.2% | +0.3% | +2.2% |
| EPS (₹) | 56.72 | 43.33 | 27.78 | 25.96 | 33.16 | 2.81 | 22.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 24.43 | 24.43 | 24.43 | 53.38 | 24.06 | 24.06 | 24.06 |
| Reserves & surplus | 950 | 847 | 770 | 680 | 651 | 575 | 573 |
| Shareholders' funds (net worth) | 975 | 871 | 794 | 734 | 675 | 599 | 597 |
| Secured loans | 368 | 411 | 507 | 392 | 410 | 283 | 306 |
| Unsecured loans | 386 | 305 | 220 | 384 | 428 | 347 | 278 |
| Total debt | 753 | 716 | 727 | 776 | 838 | 630 | 584 |
| Total liabilities | 1,738 | 1,595 | 1,527 | 1,516 | 1,518 | 1,235 | 1,186 |
| Assets | |||||||
| Gross block | 2,539 | 2,262 | 2,008 | 1,889 | 1,663 | 1,603 | 1,393 |
| Net block | 1,386 | 1,174 | 978 | 933 | 772 | 783 | 648 |
| Capital work in progress | 63.49 | 46.46 | 74.81 | 70.42 | 85.25 | 42.56 | 134 |
| Investments | 48.88 | 23.89 | 12.34 | 8.51 | 14.24 | 16.68 | 16.70 |
| Inventories | 716 | 742 | 848 | 850 | 770 | 512 | 388 |
| Sundry debtors | 793 | 800 | 723 | 756 | 868 | 706 | 458 |
| Cash & bank balances | 3.23 | 3.84 | 3.98 | 4.06 | 2.82 | 2.62 | 4.49 |
| Loans & advances | 231 | 168 | 165 | 152 | 178 | 130 | 80.56 |
| Total current assets | 1,744 | 1,714 | 1,740 | 1,762 | 1,819 | 1,351 | 932 |
| Total current liabilities | 1,477 | 1,338 | 1,266 | 1,230 | 1,160 | 932 | 527 |
| Net working capital | 267 | 376 | 474 | 532 | 658 | 418 | 404 |
| Total assets | 1,738 | 1,595 | 1,527 | 1,516 | 1,518 | 1,235 | 1,186 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 27.03 | 27.17 | (5.78) | (9.46) | 7.58 | 6.82 | (4.78) |
| Net cash from operating activities | 464 | 400 | 314 | 359 | (16.41) | 138 | 159 |
| Net cash from investing activities | (277) | (255) | (141) | (145) | (116) | (110) | (199) |
| Net cash from financing activities | (176) | (146) | (140) | (210) | 122 | (27.06) | 51.52 |
| Net change in cash | 10.94 | (0.14) | 32.95 | 3.68 | (10.06) | 0.76 | 11.60 |
| Closing cash | 3.23 | 3.84 | 3.98 | 4.06 | 2.82 | 2.62 | 4.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +15.5% | -4.2% | +6.6% | +17.2% | +66.7% | -8.9% | - |
| EBITDA growth | +15.6% | +23.6% | +18.8% | -11.1% | +80.2% | -16.5% | - |
| PBT growth | +31.6% | +58.3% | +8.4% | -22.9% | +995.8% | -78.2% | -58.9% |
| Net income growth | +30.9% | +56.1% | +8.8% | -21.9% | +1082.1% | -87.5% | - |
| Revenue CAGR (3Y) | +5.7% | +6.2% | +27.7% | +21.2% | +5.0% | -3.5% | +3.8% |
| EBITDA CAGR (3Y) | +19.3% | +9.3% | +24.0% | +10.2% | +2.4% | -10.1% | -3.6% |
| Profitability & leverage | |||||||
| Net income margin | +2.7% | +2.4% | +1.5% | +1.5% | +2.2% | +0.3% | +2.2% |
| Return on capital employed | +17.8% | +16.1% | +13.0% | +11.7% | +12.3% | +5.2% | +9.6% |
| Return on net worth | +15.0% | +12.7% | +9.1% | +9.1% | +12.5% | +1.1% | +9.3% |
| Debt / equity | 0.80 | 0.87 | 0.98 | 1.15 | 1.15 | 1.01 | 0.89 |
| Long-term debt / equity | 0.32 | 0.33 | 0.31 | 0.33 | 0.45 | 0.47 | 0.35 |
| Interest cover | 41.23 | 45.54 | 58.45 | 62.09 | 40.65 | 90.50 | 64.11 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.12 | 2.07 | 2.36 | 2.43 | 2.26 | 1.48 | 1.82 |
| Inventory turnover | 6.99 | 5.55 | 5.43 | 5.34 | 5.75 | 4.91 | 6.14 |
| Debtors turnover | 6.40 | 5.79 | 6.23 | 5.32 | 4.68 | 3.80 | 4.78 |
| EPS (₹) | 56.72 | 43.33 | 27.78 | 25.96 | 33.16 | 2.81 | 22.49 |
| Dividend per share (₹) | 14.44 | 11.53 | 7.39 | 6.97 | 8.30 | 1.00 | 5.65 |
| Book value per share (₹) | 398.91 | 356.71 | 325.03 | 292.75 | 280.59 | 249.09 | 248.33 |
To see the full year-wise statements and ratios of Wheels India Limited, buy the company report.
Board of directors of Wheels India Limited
Wheels India has 7 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishikesha Thiruvenkata Krishnan Also directs: Gujarat State Petronet Limited, Tonbo Imaging India Limited, Forum for Indian Accounting Research and 3 more | Director | 04 Nov 2019 | 6 Years 11 Months | Current |
| Santhanam Viji | Director | 31 Jul 1986 | 40 Years 2 Months | Current |
| Sumithra Gomatam | Director | 24 Apr 2019 | 7 Years 6 Months | Current |
| Muthu Raju Paravasa Raju Vijay Kumar Also directs: Heritage Foods Limited, Mahindra and Mahindra Limited, Ongc Petro Additions Limited and 2 more | Director | 12 Oct 2024 | 2 Years 0 Months | Current |
| Srivats Ram Also directs: TSF Investments Limited, Sundaram Finance Limited, India Motor Parts & Accessories Limited and 5 more | Managing Director | 01 Oct 2000 | 26 Years 0 Months | Current |
| Raghavendra Raghuttama Rao | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Wheels India Limited is audited by BRAHMAYYA & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRAHMAYYA & Co | FY 2023 | 000511S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 58.30%, foreign institutional investors hold 2.00%, domestic institutional investors hold 6.40% and retail and other public shareholders hold 33.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.30% | 58.30% | 58.30% | 58.30% |
| Public | 41.70% | 41.70% | 41.70% | 41.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2025 | 101072198 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 27 Dec 2024 | 101030744 | Axis Bank Limited | ₹25 Cr | Open | |
| 26 Sep 2024 | 100984731 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 28 Mar 2024 | 100899429 | Axis Bank Limited | ₹50 Cr | Open | |
| 04 Sep 1961 | 80036646 | State Bank of India | ₹860 Cr | Open |
To see the full charge records of Wheels India Limited, buy the company report.
Total charge records: 47 View all charges
Deals & funding
Wheels India Limited has 26 deals on record (22 market trades, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹180 Cr; the latest was in August 2026.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Funding round | ₹180 Cr | Investors: TSF Investments Limited , 3 individuals |
| May 2026 | Market trade | ₹20.67 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Sep 2025 | Market trade | ₹10.71 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2024 | Market trade | ₹12.16 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹9.72 Cr | Buyer: F3 Advisors Private Limited Seller: F3 Advisors Private Limited |
To see the full deal history of Wheels India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wheels India Limited has 279 court cases on record: 152 filed by Wheels India, 127 filed against it. 32 cases are pending and 247 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 186 | 86 | 17 |
| District courts | 74 | 35 | 10 |
| Supreme Court | 17 | 6 | 5 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 279)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Arbitration matter | Filed against the company by Ipscom Returnable Private Limited | Pending |
| District court, Rohtak, Haryana | Commercial suit | Filed against the company by HDFC Bank Ltd | Disposed |
| High Court | Court case ((T)OP(PT)) | Filed against the company by Steel Strips Wheels Limited M/S. Khurana and Khurana, Aos by Petitoner Sr No.20271/2023 | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Another | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP I) | Filed against the company by an individual | Pending |
To see the full case history of Wheels India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Wheels India Limited was last rated by Icra on 07 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Jul 2020 |
To see the full credit ratings and regulatory alerts of Wheels India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wheels India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wheels India has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Wil Car Wheels Limited | U35999TN2017PLC116976 |
To see the full group structure of Wheels India Limited, buy the company report.
Employees & EPFO
Wheels India Limited has a workforce of 4,726 employees on its EPFO records as of Apr 07, 2024, across 5 active EPFO establishments.
GST
Wheels India has 12 GST registrations: 11 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACW0315K1ZO | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACW0315K2ZN | Tamil Nadu | Active | 01 Jul 2018 |
| 05AAACW0315K1ZN | Uttarakhand | Active | 01 Jul 2017 |
| 06AAACW0315K1ZL | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wheels India Limited, buy the company report.
Recent activity
Wheels India Limited has 25 board changes on record since 1974: 8 appointments and 17 cessations. The latest: Harsha Viji was appointed as Additional Director on 03 Jun 2026.
122 earlier events are in the company report.
News
Frequently asked questions
Wheels India is an active public limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 13 June 1960 (66+ years old) and is registered under CIN L35921TN1960PLC004175. Listed on BSE: 590073 and NSE: WHEELS.
Wheels India reported revenue of ₹5,464.94 Cr for FY 2025-26 (up 15.2% YoY) based on consolidated financials.
Wheels India has 7 current directors:
- Srivats Ram - Managing Director
- Rishikesha Thiruvenkata Krishnan - Director
- Santhanam Viji - Director
- Sumithra Gomatam - Director
- Muthu Raju Paravasa Raju Vijay Kumar - Director
- Raghavendra Raghuttama Rao - Director
- Harsha Viji - Additional Director
The latest financial statements of Wheels India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Wheels India is 33AAACW0315K1ZO, registered in Tamil Nadu. The company has 12 GST registrations in all, of which 11 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACW0315K2ZN (Tamil Nadu), 05AAACW0315K1ZN (Uttarakhand), 06AAACW0315K1ZL (Haryana).
The CIN (Corporate Identification Number) of Wheels India is L35921TN1960PLC004175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Wheels India is a listed company as per MCA records. Its shares are listed on both BSE (code: 590073) and NSE (symbol: WHEELS).
Wheels India has 279 court cases on record: 152 filed by the company and 127 filed against it. 32 are pending. Most are in the high courts.
Wheels India was incorporated on 13 June 1960, making it 66+ years old. It is registered with the Registrar of Companies, Chennai.
Wheels India has 26 deals on record (22 market trades, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹180 Cr; the latest was in August 2026.