Wheels India Ltd Share Price

Auto Ancillaries - WheelsNSE
₹2,206.60
-34.70-1.55% (1D)
As on 5 Oct 2026 at 15:59
As of 5 Oct 2026 at 15:59, Wheels India Ltd is trading at ₹2,206.60. The 52-week range stands at ₹705.85–₹2,498.00, with a market cap of ₹5.93 thousand crore. At a P/E of 39.77 and a dividend yield of 0.59%, it is a mid-cap stock in the Auto Ancillaries sector.

WHEELS Price Chart

Market Cap
₹5.93K Cr
PE Ratio
39.77
ROCE
17.20%

Wheels India Ltd Performance

Wheels India Ltd Fundamentals

Market Cap₹5.93K Cr
ROE14.22%
P/E Ratio (TTM)39.77
EPS (TTM)₹55.53
P/B Ratio4.22
Dividend Yield0.59%
Industry P/E63.76
Book Value₹522.86
Debt to Equity0.77
Face Value₹10

Wheels India Ltd Shareholding Pattern

Promoter58.3%
Foreign Institutions2%
Mutual Funds5.7%
Domestic Institutions0.7%
Public33.3%

Wheels India Ltd Financial Statements

02,0004,0006,000₹4,607FY24-4.16%₹4,415FY25+15.47%₹5,098FY26

*All values are in INR Crore

Wheels India Ltd Peer Comparison

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Samvardhana Motherson International Ltd
₹157.50
0.47(+0.30%)
1,66,232.5101.0 - 173.3
Bosch Ltd
₹44,750.00
-730.00(-1.61%)
1,31,995.128,610.0 - 50,000.0
Uno Minda Ltd
₹1,099.00
-12.00(-1.08%)
63,463.7994.0 - 1,382.0
Sona BLW Precision Forgings Ltd
₹794.50
-10.50(-1.30%)
49,587.0404.4 - 844.0
Exide Industries Ltd
₹405.20
-4.25(-1.04%)
34,442.0287.0 - 496.4

About Wheels India

Wheels India Limited, promoted by the TVS Group Company was started in June, 1960 to manufacture automobile wheels. Company is among the world's largest manufacturers of steel, aluminum, and wire wheels. Since the establishment of the organization in 1960, it has consistently enhanced their engineering capabilities to build and deliver world-class products. It widened the portfolio through strategic diversification to offer bus and truck chassis, suspension products, hydraulic cylinders, custom-fabricated assemblies, and precision components for wind turbines. The Company manufactures wheels in technical and financial collaboration with Dunlop Holdings, UK, (35.91% equity stake). Now, it grew as a leading manufacturer of steel wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment in India. The company works a plant at Rampur in Uttar Pradesh, at Chennai in Tamil Nadu, at Kancheepuram in Tamilnadu and at Pune in Maharashtra. The company also has formed a technical-financial collaboration with Titan Europe. During 2003-04, the company commenced supplies of Air Suspension Kits toOEM Customers. During 2004-2005, the company obtained the TS 16949:2002 quality certification. The companies capacity for production of Wheels expanded from 7064000 Nos to 7100000 Nos during 2005-2006 In 2006, the Company started production of Bawal Plant in Haryana. In 2007, it opened Sriperumbudur Plant in Tamil Nadu. In 2009, it opened Pantnagar Plant in Uttarkhand; in 2010, it opened renewable energy components plant in Irungattukottai, Tamil Nadu. In 2012, it opened fabrication plant at Namachivayapuram, in Tamil Nadu. In 2021-22, The TVS Family came to an arrangement to align the ownership and management within different family groups. As a part of TVS Family arrangement, the Hon'ble National Company Law Tribunal (NCLT), vide its order dated December 06, 2021 approved the amalgamation of M/s Southern Roadways Pvt. Ltd. (SRPL) with M/s. T. V. Sundram Iyengar & Sons Pvt. Ltd. (TVSS), promoters of the Company. Consequent to approval of the Composite Scheme of Amalgamation / Arrangement, the holding of 71,43,656 equity shares, representing 29.69% were transferred to / vested in M/s. Trichur Sundaram Santhanam & Family Private Limited (TSSFPL), effective February 04, 2022. Further, SRPL ceased to be a Promoter of the Company effective January 06, 2022 and TSSFPL became Promoter of the Company, effective February 04, 2022. The Company commissioned a state-of-the-art Cast Aluminium Wheel Plant at Thervoy Kandigai, in Tamil Nadu in 2022. In FY 2022-23, M/s. Trichur Sundaram Santhanam & Family Private Limited (TSSFPL), one of the promoters of the Company increased their shareholding from 71,43,656 (29.69%) equity shares to 72,94,514 (30.31%) equity shares as on March 31, 2023. Also, M/s. Sundaram Finance Holdings Limited (SFHL), one of the promoters of the Company increased their shareholding from 56,01,117 (23.28%) equity shares to 57,40,117 (23.85%) equity shares as on March 31, 2023. M/s. Sundaram Hydraulics Limited (SHL) got merged with the Company during the year 2023-24, making the Scheme of Amalgamation effective from September 1, 2023. Company has incorporated a subsidiary, in USA in the name of WIL USA Inc in the State of Delaware, USA on January 26, 2024 in FY 2024-25. The Company incorporated a Wholly Owned Subsidiary (WoS) in the name of M/s. WIL Europe GmbH, in Mannheim, Germany on July 17, 2025. Company entered into a strategic alliance with SHPAC of Korea for the launch of hydraulic cylinder business in 2026.

Parent Organisation—
Founded1960
Managing DirectorSrivats Ram
NSE SymbolWHEELS

Wheels India Ltd Resistance and Support levels

R32,376.37R22,311.46R12,271.37S12,141.56S22,101.47S32,036.572,206.60

Wheels India Ltd Technicals

Current Price
₹2,206.60 ₹34.70 (-1.55%)
Bearish
4
Bullish
8
  • 20 Day5.2%
  • 50 Day19.2%
  • 100 Day34.4%
  • 200 Day57.9%

Wheels India Ltd Latest News

View More
26 SEPT 2026 | Saturday
Wheels India Limited’s Qualified Institutions Placement allotment raised Rs 249.99 crore from investors
26 SEPT 2026 | Saturday
Wheels India Limited concluded a Qualified Institutions Placement raising funds from qualified buyers
24 SEPT 2026 | Thursday
Wheels India Limited initiates Qualified Institutions Placement of equity shares with a floor price
21 SEPT 2026 | Monday
Wheels India Limited allotted shares worth Rs 179.99 crore to TSF Investments and others
18 SEPT 2026 | Friday
Wheels India Limited shareholders approved a preferential share issue via video conference
31 AUG 2026 | Monday
Wheels India revises share issue price to Rs 1,461, maintaining Rs 180 crore fundraising
24 AUG 2026 | Monday
Wheels India shareholders to participate in EGM via electronic voting and virtual meeting
19 AUG 2026 | Wednesday
Wheels India secures Rs 180 crore investment from TSF Investments via preferential share issue
13 AUG 2026 | Thursday
Wheels India seeks shareholder approval for equity share allotment and fund raising
21 JUL 2026 | Tuesday
Wheels India to declare Quarterly Results

2026

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The share price of Wheels India Ltd is ₹2,206.60 as of 5 Oct 2026 at 15:59.

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