Wheels India Limited

Company Profile

Wheels India Limited had its IPO on under the ticker symbol WHEELS.

The company operates in the Consumer Cyclical sector and Auto Parts industry. Wheels India Limited has a staff strength of 2,413 employees.

Stock update

Shares of Wheels India Limited opened at ₹825.05 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹762 - ₹853.95, and closed at ₹770.7.

This is a -3.28% slip from the previous day's closing price.

A total volume of 18,888 shares were traded at the close of the day’s session.

In the last one week, shares of Wheels India Limited have increased by +4.29%.

Wheels India Limited's Key Ratios

Wheels India Limited has a market cap of ₹17.62 billion, indicating a price to book ratio of 1.9658 and a price to sales ratio of 0.3148.

In the last 12-months Wheels India Limited’s revenue was ₹47.25 billion with a gross profit of ₹11.90 billion and an EBITDA of ₹2.09 billion. The EBITDA ratio measures Wheels India Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Wheels India Limited’s operating margin was 3.25% while its return on assets stood at 3.49% with a return of equity of 7.09%.

In Q2, Wheels India Limited’s quarterly earnings growth was a negative -2.8% while revenue growth was a positive 6.5%.

Wheels India Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

30.4534

PEG

Its diluted EPS in the last 12-months stands at ₹24.04 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Wheels India Limited’s profitability.

Wheels India Limited stock is trading at a EV to sales ratio of 0.4965 and a EV to EBITDA ratio of 8.8106. Its price to sales ratio in the trailing 12-months stood at 0.3148.

Wheels India Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0.95% and a payout ratio of 29.03%.

Balance sheet and cash flow metrics

Total Assets

₹30.10 billion

Total Liabilities

₹19.65 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

29.03%

Wheels India Limited ended 2024 with ₹30.10 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹30.10 billion while shareholder equity stood at ₹7.64 billion.

Wheels India Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹19.65 billion in other current liabilities, 240600000.00 in common stock, ₹7.40 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹17.90 million and cash and short-term investments were ₹96.30 million. The company’s total short-term debt was ₹0 while long-term debt stood at ₹2.03 billion.

Wheels India Limited’s total current assets stands at ₹18.35 billion while long-term investments were ₹0 and short-term investments were ₹55.90 million. Its net receivables were ₹8.29 billion compared to accounts payable of ₹11.65 billion and inventory worth ₹8.44 billion.

In 2024, Wheels India Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Wheels India Limited paid ₹0.29 in dividends in 2024.

Other key metrics

Current Trading Price

₹770.7

52-Week High

₹845.883

52-Week Low

₹431.8979

Analyst Target Price

₹

Wheels India Limited stock is currently trading at ₹770.7 per share. It touched a 52-week high of ₹845.883 and a 52-week low of ₹845.883. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹753.18 and 200-day moving average was ₹608.81 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6397.1% of the company’s stock are held by insiders while 2010.6% are held by institutions.