The evidence leans constructive5 supporting, 0 against, 0 worth knowing
Supporting
trading 33% above its 200-day average
up 105% over twelve months
matches the market's strongest stocks, which has beaten the market by +0.37 points over 20 sessions across 48,607 past signals
4 independent kinds of evidence agree today, which is uncommon
revenue grew 28% year on year in the quarter ending 2026-06-30
Against
nothing the data supports either way
Worth knowing
nothing the data supports either way
What would change this read: a close below 1,141, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Net profit +59.3% year on year, Rs 24 cr to Rs 39 cr.
+59.3%Rs 24 crRs 39 cr
Operating cash flow was Rs 477 cr against Rs 160 cr of profit over four quarters, 298% of it.
Rs 477 crRs 160 cr298%
Revenue +26.7% year on year, Rs 1,176 cr to Rs 1,491 cr.
+26.7%Rs 1,176 crRs 1,491 cr
Needs watching1
Automotive is 84% of revenue, so the business rests on one segment.
Automotive84%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
7 of 47 matched on 2026-08-21
WHEELS matches 7 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
WHEELS reports 2 business segments. The largest is Automotive at 84% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Automotive1,254 cr84.1%—
Industrial237 cr15.9%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
15.4%
trailing profit over shareholders’ funds
Return on capital
11.8%
pre-tax profit over equity plus borrowings
Debt to equity
0.66×
690 cr borrowed against 1,041 cr of equity
Net debt
686 cr
borrowings less cash
Cash conversion
298%
operating cash flow as a share of profit
Receivable days
54
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 2024-09-06
13×
median 19×
27×
now 23×
WHEELS trades at 23× trailing earnings, above its median of 19× over this window — 24% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Board meeting filings were typically -0.04pt vs the market over the next 5 sessions (n=5,458) · Order win filings were typically +0.20pt vs the market over the next 5 sessions (n=408) · AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 28% against the same quarter a year earlier
profit rose 64% year on year
Going against it
net margin narrowed from 3.8% to 2.6%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
1,491
52
39
15.68
2.6%
Q4 FY26
2026-03-31 · consolidated
1,564
74
59
23.78
3.8%
Q3 FY26
2025-12-31 · consolidated
1,371
47
37
14.76
2.7%
Q3 FY25
2024-12-31 · consolidated
1,125
32
25
10.25
2.3%
Q2 FY25
2024-09-30 · consolidated
1,176
31
24
10.00
2.1%
Q1 FY25
2024-06-30 · consolidated
1,166
29
24
9.66
2.0%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+1.2%
Versus 200-day average+32.6%
Below 52-week high-15.3%
Above 52-week low+111.9%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)63.9
Higher closes in last 54 of 5
Six-month return+67.26%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.