Wheels India Ltd
Wheels India Q1 FY24 earnings call: Revenue & Margins
Q1 FY24 investor presentation: what the company reported on revenue, margins and projects.
Based on Wheels India Ltd's Q1 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
Q2 FY24 Gross Revenues: Rs 1,189.28 Cr, up 7.7% YoY from Rs 1,104.57 Cr in Q2 FY23 (Page 13) - Q2 FY24 Segment Revenue: - Automotive components: Rs 986 Cr, up 8% YoY (Q2 FY23 Rs 909 Cr) - In Q2 FY24 Financials (Page 13): - EBITDA: ₹53.08 Cr, down 11.6% YoY (Q2 FY23: ₹60.02 Cr) - EBITDA margin: 4.46% (Q2 FY23: 5.43%) - PAT: ₹5.24 Cr, down 63.9% YoY (Q2 FY23: ₹14.53 Cr) -
From Wheels India Ltd's Q1 FY24 earnings-call transcript · updated 25 Sept 2026.
Revenue & Sales Performance
- Q2 FY24 Gross Revenues: Rs 1,189.28 Cr, up 7.7% YoY from Rs 1,104.57 Cr in Q2 FY23 (Page 13)
- Q2 FY24 Segment Revenue:
- Automotive components: Rs 986 Cr, up 8% YoY (Q2 FY23 Rs 909 Cr)
- Industrial components: Rs 198 Cr, up 3% YoY (Q2 FY23 Rs 193 Cr) (Page 15)
- H1 FY24 Gross Revenues: Rs 2,322.30 Cr, up 7.8% YoY from Rs 2,154.96 Cr in H1 FY23 (Page 14)
- H1 FY24 Segment Revenue:
- Automotive components: Rs 1,914 Cr, up 5% YoY (H1 FY23 Rs 1,825 Cr)
- Industrial components: Rs 399 Cr, up 23% YoY (H1 FY23 Rs 324 Cr) (Page 16)
2 more points management made on revenue & sales performance
Profitability & Margins
See what Wheels India Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Cast aluminium wheel plant set up in 2020-21 at Thervoykandigai near Chennai, costing Rs 200 Cr.
- Machining plant for wind turbine sector commissioned in Sep’22 at a cost of Rs 100 Cr (located in Thervoykandigai).
- Estimated Capex for FY24: Rs 200 Cr.
- FY24 Capex focus on: aluminium wheels, automotive steel wheels, wind turbine components, construction equipment wheels, and fabrications.
- Capex largely aimed at expansion, cost optimization, and quality improvements.
- Capex funding primarily through internal accruals; debt levels expected to remain similar to FY23.
2 more points management made on capital expenditure plans
Top-ranked in Auto Components
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Wheels India Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
Wheels India Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.6K Cr, net profit ₹59 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Wheels India Ltd's management said in earlier quarters
Frequently Asked Questions
What were Wheels India Ltd Q1 FY24 results?
Q2 FY24 Gross Revenues: Rs 1,189.28 Cr, up 7.7% YoY from Rs 1,104.57 Cr in Q2 FY23 (Page 13) - Q2 FY24 Segment Revenue: - Automotive components: Rs 986 Cr, up 8% YoY (Q2 FY23 Rs 909 Cr) - In Q2 FY24 Financials (Page 13): - EBITDA: ₹53.08 Cr, down 11.6% YoY (Q2 FY23: ₹60.02 Cr) - EBITDA margin: 4.46% (Q2 FY23: 5.43%) - PAT: ₹5.24 Cr, down 63.9% YoY (Q2 FY23: ₹14.53 Cr) -
What is Wheels India Ltd share price analysis?
Wheels India Ltd currently shows a neutral. The stock trades at a P/E of 32.5 with a market cap of ₹5,316 Cr. Investors should review the full earnings analysis for detailed insights.
Is Wheels India Ltd planning capital expenditure?
Cast aluminium wheel plant set up in 2020-21 at Thervoykandigai near Chennai, costing Rs 200 Cr.
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.