Wheels India Limited (WHEELS) Fair Value & Analysis
Consumer Cyclical · IN · Market cap ₹36.4B
Strengths
Risks
Fair value as of: Aug 13, 2026
From 25 valuation models · updated 11 days ago
Share price +8.3% over the past month.
A solid business, but trading 26% above our fair value.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The model range is unusually wide (₹636.74 to ₹1,745). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range ₹421.83 – ₹1,786 · fair‑value band ₹636.74 – ₹1,745 · the ₹1,561 price screens above the ₹1,241 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Wheels India Limited (WHEELS) currently trades at ₹1,561, while our model-based Fair Value estimate is ₹1,241, implying the stock looks roughly 20.6% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Wheels India Limited generated revenue of ₹22.4B at a net margin of 3.2%. Revenue grew 2.5% year over year. It earns a return on equity of 13.6%. Net debt stands at ₹7.6B. Fundamentals as of Aug 13, 2026
Our scenario range runs from ₹636.74 (bear case) to ₹1,745 (bull case); at ₹1,561, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 14% below its 52-week high and 124% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -27% fair-value upside, at -21%, WHEELS screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 25 models by family
Widest divergence: Multiples (₹1,396) versus Dividend Discount (₹198.05). Highest evidence: Growth DCF (80).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 53 · Market factors (momentum, volatility) 79
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Wheels India Limited, together with its subsidiary, manufactures and sells automotive and industrial components in India and internationally.
Full company description
Wheels India Limited, together with its subsidiary, manufactures and sells automotive and industrial components in India and internationally. The company provides steel, cast aluminum, forged aluminum, and wire wheel for use in passenger and light cargo vehicles, trucks, trailers, buses, agriculture and farm equipment, off-road vehicles, and defense vehicles; vehicle chassis and suspensions; wind turbines; fabricated and precision products for construction, mining vehicle, and other equipment; hydraulic cylinders for energy equipment and off-road vehicles; and railway products, such as bogie frames and bolsters. It also offers components and structures for windmill, railways, and thermal power plants. The company was incorporated in 1960 and is headquartered in Chennai, India.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Wheels India Limited reported revenue of ₹54.6B in FY2026 versus ₹39.7B in FY2022, a compound +8.3%/yr. Reported net income was ₹1.6B in FY2026, compounding +19.3%/yr from FY2022.
of which total revenue +10.5 pp · buybacks/dilution −0.2 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
WHEELS screens 21% overvalued. Compare with O'Reilly Automotive, Inc →
Peer Group
Auto Parts · 646 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Auto Parts median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| O'Reilly Automotive, Inc ORLY | $92.05 | $47.50 | -48% |
| AutoZone, Inc AZO | $3,019 | $2,287 | -24% |
| Hyundai Mobis Co 012330 | 511,000 KRW | 643,909 KRW | +26% |
| Fuyao Glass Industry Group 600660 | ¥56.76 | ¥84.47 | +49% |
| Knorr-Bremse AG KBX | €100.50 | €72.88 | -27% |
| Magna International Inc MGA | $69.71 | $68.17 | -2% |
| Genuine Parts Company GPC | $131.89 | $58.07 | -56% |
| Samvardhana Motherson International Limited MOTHERSON | ₹169.58 | ₹80.63 | -52% |
| Bosch Limited BOSCHLTD | ₹48,700 | ₹11,534 | -76% |
| Ningbo Tuopu Group 601689 | ¥50.30 | ¥28.28 | -44% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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