Wheels India Records FY26 Revenue of Rs 5,124 Cr, Recommends Rs 9.14 Per Share Final Dividend
Wheels India Limited announced strong financial results for the fiscal year 2026, reporting revenues of Rs 5,124 Cr, thereby crossing the Rs 5,000 Cr milestone. The company also recommended a final dividend of Rs 9.14 per share, bringing the total dividend payout for the year to Rs 14.44 per share.The robust performance for the year was attributed to an improvement in domestic demand and exports.
Financial Highlights for FY26 and Q4
The company posted significant growth in both net profit and consolidated profit for the year ended March 31, 2026.For the full fiscal year, Wheels India's net profit stood at Rs 138.56 Cr, showing an increase from Rs 105.85 Cr recorded in FY25. Furthermore, the company's consolidated profit crossed the milestone of Rs 150 Cr in FY26, compared to Rs 112 Cr in the same period last year.
The fourth quarter ended March 31, 2026, proved to be a strong period for the business.
| Metric | Q4 FY26 (vs. Previous Year) | FY26 (vs. FY25) |
|---|---|---|
| Revenue | Rs 1,471 Cr (Up 23%) | Rs 5,124 Cr (Up 16%) |
| Net Profit | Rs 52 Cr (Up from Rs 36 Cr) | Rs 138.56 Cr (Up from Rs 105.85 Cr) |
| Consolidated Profit | N/A | Rs 158 Cr (Up from Rs 112 Cr) |
Management Commentary and Dividend
Srivats Ram, CMD of Wheels India, attributed the positive performance to strong domestic demand observed during the fourth quarter, specifically highlighting the car, truck, and tractor segments, which benefited from GST 2.0 reforms. The air suspension division also registered a strong quarter, while growth on the export front was primarily driven by demand for earthmover wheels.The Board meeting today recommended a final dividend of Rs 9.14 per share. When combined with the interim dividend of Rs 5.3 per share previously declared, the total dividend for the financial year reaches Rs 14.44 per share.
Looking ahead to FY27, the CMD noted potential headwinds, citing the beginning of inflation in commodities and fuel prices, which is expected to potentially mute demand growth in the domestic industry segments serviced by the company. Despite this outlook, Wheels India stated its commitment to continued capital expenditure to fuel company growth.
Wheels India is a leading manufacturer of wheels for trucks, agricultural tractors, passenger vehicles, and construction equipment. The company also manufactures air suspension systems for trucks and buses, and industrial components for the construction and windmill industry.
WHEELS Stock Price Movement
Shares of Wheels India Limited are edging higher to ₹1350.5 as of 3:09 PM today, gaining 1.53% in live trading. The rally, accompanied by a volume of 209,735 shares, saw the stock climb impressively close to its 52-week high mark of ₹1374.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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