Why is Wheels India Ltd. ?
1
Healthy long term growth as Operating profit has grown by an annual rate 77.82%
2
The company has declared Positive results for the last 7 consecutive quarters
- OPERATING CF(Y) Highest at Rs 400.47 Cr
- PAT(Latest six months) At Rs 60.87 cr has Grown at 27.88%
- ROCE(HY) Highest at 17.05%
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 14.84%, its profits have risen by 29% ; the PEG ratio of the company is 0.6
4
Majority shareholders : Promoters
5
Market Beating Performance
- The stock has generated a return of 14.84% in the last 1 year, much higher than market (BSE500) returns of 2.09%
How much should you hold?
- 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
14.84%
0.44
33.59%
Sensex
4.85%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
19.67%
EBIT Growth (5y)
77.82%
EBIT to Interest (avg)
1.89
Debt to EBITDA (avg)
3.19
Net Debt to Equity (avg)
0.74
Sales to Capital Employed (avg)
2.71
Tax Ratio
24.88%
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
17
Industry P/E
39
Price to Book Value
2.13
EV to EBIT
10.14
EV to EBITDA
7.38
EV to Capital Employed
1.65
EV to Sales
0.56
PEG Ratio
0.57
Dividend Yield
1.37%
ROCE (Latest)
16.25%
ROE (Latest)
12.89%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Bullish
Technical Movement
8What is working for the Company
OPERATING CF(Y)
Highest at Rs 400.47 Cr
PAT(Latest six months)
At Rs 60.87 cr has Grown at 27.88%
ROCE(HY)
Highest at 17.05%
DEBT-EQUITY RATIO(HY)
Lowest at 0.76 times
-1What is not working for the Company
DPR(Y)
Lowest at 25.40%
Loading Valuation Snapshot...
Here's what is working for Wheels India
Profit After Tax (PAT) - Latest six months
At Rs 60.87 cr has Grown at 27.88%
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
Operating Cash Flow - Annually
Highest at Rs 400.47 Cr
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Here's what is not working for Wheels India
Dividend Payout Ratio (DPR) - Annually
Lowest at 25.40%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
Non Operating Income - Quarterly
Highest at Rs 4.56 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






