Wheels India Limited Share Price and Company Fundamentals



Price
₹645.7
Change
5.250 (0.820%)
52 week
510.0 - 1037.0

Last traded: Today at 4:22 AM

Wheels India Limited, together with its subsidiary, engages in the manufacture and sale of automotive and industrial components in India and internationally. The company offers steel wheels for use in heavy and light vehicles, as well as for agricultural applications; off-road construction wheels, wire wheels, and forged aluminum wheels; air suspension systems for buses, trucks, and trailers, as well as control and specialty products; and wind turbines and machined components for various other applications. It also provides auto structural products, such as beams, boxes, columns, auto welded and manually welded plates, and rolled sections; and fabrication services for construction and mining equipment sector. Wheels India Limited was incorporated in 1960 and is based in Chennai, India.

Key Metrics

PE ratio

20.02

PB ratio

2.09

Dividend yield

1.30%

Beta

0.67

Market cap

-

Enterprise value

-

Company profile

Industry / SectorAuto Parts / Consumer Cyclical
Full time employees2221
Websitehttps://www.wheelsindia.com
Mailing addressNo. 21, Patullos Road Chennai 600002 India
Phone / Fax91 44 2625 8511 / 91 44 2625 7121

Dividends

Dividend yield

1.30%

Dividend amount

₹8.30

Payout ratio

3.15%

5Y Avg. yield

0.97%

Wheels India Limited paid ₹8.30 dividend and the ex-dividend date was 05 July 2022.The dividend payout ratio is 3.15%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.WHEELS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

WHEELS's forward dividend amount is ₹8.3 and the forward dividend yield is 1.32%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Wheels India Limited.

NameTitleAgeTotal Pay
Mr. Srivats RamMD & Exec. Director5146.39M
Mr. Shriram VijayaraghavanPres & Pres of Operations
Ms. K. V. Lakshmi ACMA, ACS, BGL, PGDBACompliance Officer & Company Sec.

Profitability and management effectiveness

Profit margin

1.93%

Operating margin

3.87%

Return on assets

3.52%

Return on equity

10.37%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Wheels India Limited is and its enterprise value is .

The WHEELS's stocks Beta value is 0.67 making it 33% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Wheels India Limited (NSE:WHEELS) Frequently Asked Questions

1. What is Wheels India Limited's Stock Symbol?

Wheels India Limited trades on NSE under the ticker symbol "WHEELS".

2. What is Wheels India Limited's stock price today?

One share of WHEELS stock can currently be purchased for approximately ₹645.7.

3. How can I contact Wheels India Limited?

Wheels India Limited's mailing address is No. 21, Patullos Road Chennai 600002 India. The company can be reached via phone at 91 44 2625 8511.

4. What is Wheels India Limited's official website?

The official website of Wheels India Limited is https://www.wheelsindia.com.