Why is Wheels India Ltd. ?
1
Healthy long term growth as Net Sales has grown by an annual rate of 20.07% and Operating profit at 65.90%
2
The company has declared Positive results for the last 8 consecutive quarters
- PAT(Latest six months) At Rs 67.06 cr has Grown at 36.75%
- ROCE(HY) Highest at 17.05%
- DEBT-EQUITY RATIO(HY) Lowest at 0.76 times
3
With ROCE of 16.2, it has a Attractive valuation with a 1.6 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 10.90%, its profits have risen by 21.6% ; the PEG ratio of the company is 0.7
4
Majority shareholders : Promoters
How much should you buy?
- Overall Portfolio exposure to Wheels India should be less than 10%
- Overall Portfolio exposure to Auto Components & Equipments should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Wheels India for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Wheels India
10.9%
0.33
32.67%
Sensex
5.37%
0.47
11.36%
Quality key factors
Factor
Value
Sales Growth (5y)
20.07%
EBIT Growth (5y)
65.90%
EBIT to Interest (avg)
1.90
Debt to EBITDA (avg)
3.19
Net Debt to Equity (avg)
0.74
Sales to Capital Employed (avg)
2.71
Tax Ratio
24.84%
Dividend Payout Ratio
25.40%
Pledged Shares
0
Institutional Holding
11.76%
ROCE (avg)
10.89%
ROE (avg)
9.87%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
37
Price to Book Value
1.98
EV to EBIT
9.28
EV to EBITDA
6.72
EV to Capital Employed
1.56
EV to Sales
0.51
PEG Ratio
0.65
Dividend Yield
1.47%
ROCE (Latest)
16.25%
ROE (Latest)
12.89%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
Bullish
Bullish
Technical Movement
9What is working for the Company
PAT(Latest six months)
At Rs 67.06 cr has Grown at 36.75%
ROCE(HY)
Highest at 17.05%
DEBT-EQUITY RATIO(HY)
Lowest at 0.76 times
NET SALES(Q)
Highest at Rs 1,371.45 cr
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Wheels India
Profit After Tax (PAT) - Latest six months
At Rs 67.06 cr has Grown at 36.75%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 0.76 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Net Sales - Quarterly
Highest at Rs 1,371.45 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Wheels India
Non Operating Income - Quarterly
Highest at Rs 6.36 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






