2 weeks ago
1
Wheels India Ltd. for the 4th fourth ended March 31, 2026 reported Consolidated Profit After Tax (PAT) of ₹58 crore compared to ₹38 crore successful twelvemonth agone period, up 53%.
Revenues for the play accrued 22% Year connected Year (YoY) to ₹1,564 crore.
For FY26 the institution reported consolidated PAT of ₹155 crore arsenic compared to ₹111 crore successful the aforesaid play of the erstwhile year, up 40% YoY.
For the twelvemonth revenues astatine ₹5,465 crore, grew 15% YoY.
The committee has declared a last dividend of ₹9.14 per stock that combined with the interim dividend of ₹5.3 per stock declared earlier takes the full dividend for the twelvemonth to ₹14.44 per share.
Srivats Ram, CMD, Wheels India said, “The 4th fourth was a grounds 4th successful presumption of income driven by precise beardown home request successful car, motortruck and tractor segments, connected the backmost of GST 2.0 reforms. The aerial suspension part besides had a beardown quarter. On the export front, the request for earthmover wheels was the operator for growth.”
On the outlook, Mr Ram said “The extremity of the 4th fourth besides saw the opening of ostentation successful commodities and substance prices. This headwind is apt to mute request maturation successful FY27 successful home manufacture segments serviced by us. We proceed to put successful capex required to substance maturation of the company.”
He said the institution would marque a CapEx of ₹280 crore this year. “A batch of it volition spell into debottlenecking of the existing lines. Some concern volition besides spell into aluminum wheels, hydraulic cylinders and Wind Mills machining segments,” helium said.
He said affirmative request sentiment pursuing GST 2.0, precise unchangeable commodity terms done astir of the twelvemonth and lowering involvement complaint contributed to bully growth.
“Exports did good contempt the uncertainty astir the tariff issue. In Q4, exports grew by 20%. Q4 of past twelvemonth was a erstwhile successful a decennary benignant of growth. The 2nd fractional of past twelvemonth and peculiarly Q4 was precise strong,” helium said.
“We person had 2 years of successive maturation and amended profitability. We judge we tin proceed this adjacent successful these uncertain times. We expect exports to amended further this twelvemonth compared to past twelvemonth but truly FY28 volition beryllium a amended twelvemonth connected the exports beforehand arsenic we are moving connected caller contracts with planetary customers. Overall, we are assured of doing comparatively amended going forward,: helium said.
In the tractor segment, the institution had acceptable up a caller works past twelvemonth successful Mambattu adjacent Chennai and has started to get orders. “We are shipping to overseas customers and expect amended volumes successful FY28 and FY29,” helium said.
He said the US marketplace is doing precise good for the institution with fractional of exports went to the US successful Q4, contempt antithetic work structures during the year.
