BSEResult29 Oct 2026 · 29 Oct 2026, 02:53 pm
Wheels India Ltd has informed BSE about : <BR><BR>1. Standalone Financial Results for the period ended September 30, 2026<BR><BR>2. Consolidated Financial Results for the period ended September 30, 2026<BR><BR>3. Standalone Limited Review for the period ended September 30, 2026<BR><BR>4. Consolidated Limited Review for the period ended September 30, 2026 ....
Wheels India Ltd · 590073
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Wheels India Ltd has announced its standalone and consolidated financial results for the quarter ended September 30, 2026, with a net profit of Rs. 53.41 crores. The company has also approved an investment of Rs. 20 crores in a joint venture company.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Wheels India Ltd - 590073 - Standalone & Consolidated Financial Results, Limited Review Report for September 30, 2026
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October 29, 2026
To To
National Stock Exchange of India Limited, BSE Limited,
The Manager, Listing Department, The Corporate Relationship Department,
“Exchange Plaza”, C-1, Block G, 1st Floor New Trading Wing, Rotunda Building,
Bandra-Kurla Complex, Bandra (E), Phiroze Jeejeebhoy Towers, Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Symbol: WHEELS Scrip code: 590073
Dear Sir / Madam,
Subject: Outcome of the Board meeting and Disclosure in accordance with Regulation 30 of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’)
The Board of Directors of the Company at their meeting held on October 29, 2026 (i.e. today) has
inter-alia, noted and approved the following:
1. Un-audited Financial Results:
Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, please find enclosed herewith the following:
i. Un-audited Financial Results (Standalone and Consolidated) for the quarter / half year ended
September 30, 2026; and
ii. Limited Review Report (Standalone and Consolidated) by M/s. Brahmayya & Co, Chartered
Accountants
2. Investment in the Joint Venture Company
The Company had vide its communication to Exchange dated May 20, 2026 informed that Company, Brakes
India Private Limited (BIPL) (TSF Companies ) and Bosch Limited will be entering into a Joint Venture
Agreement for the formation of a Joint Venture Company (“JVCo.”) in India for development and production of
solutions for the commercial vehicle (CV) air system segment and any other product that joint venture shall
decide from time to time and that with respect to the subscription of shares in the JV Co, Bosch will hold 50%
and the TSF Companies including its affiliates will collectively hold 50% of the Share Capital of the Joint Venture
Company .
PLEASE ADDRESS ALL COMMUNICATIONS TO THE FACTORY
Further to the communication to the Stock Exchange on May 20, 2026, we wish to inform you that the Board at
its meeting held today had approved the proposed investment of Rs. 20 Crores in the Joint Venture Company
(JV Co).
The Company will additionally furnish the requisite disclosures to the exchanges upon the incorporation of JV Co
as may be required under Listing Regulations.
Meeting of the Board of Directors commenced at 12:40 P.M. and concluded 2: 20 P.M.
Kindly take this into your record and disseminate on your website.
Thanking you.
Yours faithfully,
For Wheels India Limited
K V Lakshmi
Company Secretary & Compliance Officer
Encl.: a/a
PLEASE ADDRESS ALL COMMUNICATIONS TO THE FACTORY
The picture can't be displayed. Wheels India Limited
Regd. Office : 21, Patullos Road, Chennai - 600 002
Corporate Identity Number : L35921TN1960PLC004175; Ph: 044-26234300; Website: www.wheelsindia.com
Statement of Un-audited Standalone and Consolidated Results for the Quarter / Half-Year ended September 30, 2026
(Rs. in Crores)
Standalone Consolidated
Sl. Quarter Ended Half-year Ended Year Ended Quarter Ended Half year Ended Year Ended
Particulars
No. 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026
Un-audited Un-audited Un-audited Un-audited Un-audited Audited Un-audited Un-audited Un-audited Un-audited Un-audited Audited
1 REVENUE FROM OPERATIONS -
Gross Revenue from Operations 1,585.03 1,380.43 1,173.02 2 ,965.46 2,355.89 5,098.35 1,710.95 1 ,491.00 1,263.97 3 ,201.95 2,529.47 5 ,464.94
Other income 12.57 5.64 5.93 18.11 9.99 26.05 12.01 1.79 4.56 13.80 7.67 2 2.78
TOTAL INCOME 1,597.60 1,386.07 1,178.95 2 ,983.57 2,365.88 5,124.40 1,722.96 1,492.79 1,268.53 3 ,215.75 2,537.14 5 ,487.72
2 EXPENSES
Cost of materials consumed 1,148.31 956.41 877.76 2,104.72 1,662.43 3,492.92 1,239.30 1 ,033.98 9 38.47 2,273.28 1,779.78 3 ,740.04
Changes in inventories of Finished goods and
( 48.30) -30.36 (79.78) (78.66) ( 46.40) ( 3.70) (49.36) (31.07) (77.50) (80.43) (45.68) (4.31)
Work-in-progress
Employee benefit expense 167.08 150.63 138.53 3 17.71 270.26 554.38 178.62 161.16 1 46.68 339.78 286.79 5 91.06
Finance Costs 28.78 26.84 27.51 5 5.62 56.27 111.82 30.83 28.57 29.58 59.40 60.31 1 19.76
Depreciation and amortisation expenses 31.60 30.76 25.38 6 2.36 49.95 106.51 33.84 32.91 27.49 66.75 53.95 1 15.28
Other Expenses 199.77 201.48 152.33 4 01.15 300.32 6 77.06 214.18 215.11 1 63.72 429.29 322.33 7 25.33
TOTAL EXPENSES 1 ,527.24 1,335.76 1,141.73 2,862.90 2,292.83 4 ,938.99 1,647.41 1,440.66 1,228.44 3 ,088.07 2,457.48 5,287.16
Profit/(Loss) before exceptional items and tax
3 7 0.36 50.31 37.22 120.67 7 3.05 1 85.41 75.55 52.13 40.09 127.68 79.66 200.56
(1-2)
4 Share of Profit/(Loss) of Associate - - - 3.76 2.66 2.12 6.42 3.52 8 .47
5 Profit/ (Loss) before tax (3+4) 70.36 50.31 37.22 120.67 73.05 185.41 79.31 54.79 42.21 134.10 83.18 2 09.03
6 Tax expense
Current tax 17.63 10.98 5.54 28.61 14.94 40.84 17.66 10.99 5 .54 28.65 14.95 4 0.89
Deferred tax ( 0.68) 2.29 3.91 1 .61 3.90 6.01 1.49 4 .85 4.98 6.34 5.94 1 0.16
7 Net Profit / (Loss) for the period (5-6) 53.41 37.04 27.77 90.45 54.21 1 38.56 60.16 38.95 31.69 99.11 62.29 157.98
8 Other Comprehensive Income:
Items that will not be reclassified to profit or loss ( 6.33) -2.76 (0.97) (9.09) ( 3.06) (7.12) (6.33) (2.76) (0.97) (9.09) (3.06) (7.05)
Income tax relating to items that will not be
1.60 0.69 0.24 2 .29 0.77 1.79 1.60 0 .69 0.24 2.29 0.77 1 .77
reclassified to profit or loss
Share of Other Comprehensive Income of
9 - - - - 0.01 (0.02) 0 .01 (0.01) (0.01) (0.14)
Associate
Total Comprehensive Income for the period
10 48.68 34.97 27.04 8 3.65 51.92 133.23 55.44 36.86 30.97 92.30 59.99 1 52.57
(7+8+9)
11 Net Profit/ (Loss) attributed to:
a) Owners of the Company 53.41 37.04 27.77 9 0.45 54.21 138.56 59.42 38.32 30.90 97.74 60.79 1 54.94
b) Non-controlling Interest 0.75 0.63 0.79 1.38 1.50 3.04
12 Other Comprehensive Income attributed to:
a) Owners of the Company ( 4.73) (2.07) (0.73) (6.80) ( 2.29) (5.33) (4.72) (2.09) (0.72) (6.81) (2.30) (5.44)
b) Non-controlling Interest 0.02
13 Total Comprehensive Income attributed to:
a) Owners of the Company 48.68 34.97 27.04 8 3.65 51.92 133.23 54.70 36.23 30.18 90.92 58.49 1 49.51
b) Non-controlling Interest 0.75 0.63 0.79 1.38 1.50 3 .06
14 Reserves excluding revaluation reserves 950.10 1,017.03
Paid-up equity share capital
15 26.86 24.43 24.43 26.86 24.43 24.43 26.86 24.43 24.43 26.86 24.43 24.43
(of Face Value Rs.10/- each)
Earnings per share (of Rs. 10/- each)
(*not annualised)
(a) Basic 21.76* 15.16* 11.37* 36.86* 22.19* 56.71 24.21* 15.68* 12.65* 39.83* 24.88* 63.41
(b) Diluted 21.76* 15.16* 11.37* 36.86* 22.19* 56.71 24.21* 15.68* 12.65* 39.83* 24.88* 63.41
Unaudited Consolidated Segment Wise Revenue, Results, Assets and Liabilities for the Quarter / Half-Year ended
September 30, 2026
(Rs. in Crores)
Quarter Ended Half year Ended Year Ended
Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026
Un-audited Un-audited Un-audited Un-audited Un-audited Audited
1 Segment Revenue
(a) Automotive Components 1,446.02 1,253.94 1,031.57 2,699.96 2,108.89 4,526.42
(b) Industrial Components 264.93 237.06 232.40 501.99 420.58 938.52
Total 1,710.95 1,491.00 1,263.97 3,201.95 2,529.47 5,464.94
Less: Inter Segment Revenue - - -
Revenue from Operation 1,710.95 1,491.00 1,263.97 3,201.95 2,529.47 5,464.94
Segment Results (Profit)(+)/Loss (-) before tax
and interest from Each segment)
(a) Automotive Components 102.80 75.60 60.62 178.40 130.14 287.48
(b) Industrial Components 7.34 7.76 11.17 15.10 13.35 41.31
Total 110.14 83.36 71.79 193.50 143.49 328.79
Less:
(i) Interest 30.83 28.57 29.58 59.40 60.31 119.76
Total Profit Before Tax 79.31 54.79 42.21 134.10 83.18 209.03
3 Capital Employed
Segment Assets
(a) Automotive Components 3,000.97 2,651.04 2,430.87 3,000.97 2,430.87 2,522.80
(b) Industrial Components 940.79 858.74 795.67 940.79 795.67 843.84
(c) Unallocated 131.64 159.41 79.74 131.64 79.74 135.45
Total 4,073.40 3,669.19 3,306.28 4,073.40 3,306.28 3,502.09
Segment Liabilities
(a) Automoti
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