2,387.50
+3.15%
Close of 9 Nov 2026, in INR
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About Wheels India
Its shares trade on NSE under the ticker WHEELS.NS. It has been listed since 3 January 1995. In the fiscal year to 31 March 2026, it reported revenue of ₹54.65bn and net income of ₹1.55bn. At that date it held total assets of ₹35.27bn and shareholders' equity of ₹10.41bn.
Wheels India Ltd. designs and manufactures road wheels. The company is headquartered in Chennai, Tamil Nadu. Its segments include Automotive Components and Industrial Components. The Industrial Components segment includes components and structures for windmills, railways and thermal power plants. Its products include wheels, vehicle chassis and suspension, fabricated and precision products, products for wind energy, products for railways and hydraulic cylinders. Its vehicle chassis and suspension products include FTS 2 ton series, FTS 3 ton series, FLS 4 ton series, FTS 6 ton series and others. Its range of wheels includes passenger & light cargo vehicles, trucks, trailers & buses, agricultural & farm equipment, off-road vehicles and defense vehicles. The company offers bus and truck chassis, suspension products, hydraulic cylinders, custom-fabricated assemblies, and precision components for wind turbines. Its R&D engineers envisage groundbreaking designs at its facilities, using labs to validate and test their ideas.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Auto Components
- Listed since
- 3 Jan 1995
- Employees
- 2,221
- Website
- wheelsindia.com ↗
Leadership
Pay as last reported
- Mr. S. RamExecutive Chairman of the Board, since 1974₹11.5m
- Shri. R. RaghunathanChief Financial Officer
- Mr. P RameshChief Financial Officer
- Ms. K. LakshmiCompliance Officer, Company Secretary
- Sri. Srivats RamManaging Director, Executive Director₹46.4m
- Mr. Sarvasri VijiNon-Executive Director₹270,000
- Ms. Sumithra GomatamIndependent Non-Executive Director₹120,000
- Prof. Rishikesha KrishnanIndependent Non-Executive Director₹160,000
- Mr. M. P. Vijay KumarNon-Executive Independent Director
- Shri. Sreenivasan PrasadIndependent Non-Executive Director₹335,000
- Mr. Aroon RamanIndependent Non-Executive Director₹335,000
- Mr. R. Raghuttama RaoIndependent Non-Executive Director₹315,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Wheels India Ltd designs road wheels for diverse vehicle types including trucks and buses.
- The company manufactures hydraulic cylinders and precision components for wind turbines and railways.
- R&D engineers validate groundbreaking designs using specialized labs at its facilities.
Weaknesses
- The company employs only 2221 staff members across its manufacturing operations.
- Business segments are limited to Automotive Components and Industrial Components only.
- Product range focuses heavily on wheels and chassis without broader diversification.
Opportunities
- Growing demand for wind energy products offers expansion in the renewable sector.
- Railway infrastructure projects create opportunities for supplying specialized structural components.
- Defense vehicle requirements provide a niche market for off-road wheel solutions.
Threats
- Fluctuations in raw material costs impact the profitability of manufacturing operations.
- Intense competition in the auto components sector pressures pricing strategies.
- Economic slowdowns reduce demand for heavy trucks and agricultural equipment.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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