Auto Parts & Equipment company Wheels India announced Q1FY27 results Consolidated Financial Highlights: Revenue from operations for Q1FY27 stood at Rs 1,491.00 crore, reflecting a YoY growth of 17.82% compared to Rs 1,265.50 crore in Q1FY26 and a QoQ decrease of 4.67% compared to Rs 1,564.02 crore in Q4FY26. Total income for the company in Q1FY27 was Rs 1,499.75 crore, showing a YoY increase of 18.22% from Rs 1,268.61 crore in Q1FY26 and a QoQ decline of 4.64% from Rs 1,572.77 crore in Q4FY26. Net profit attributable to the owners of the company for Q1FY27 reached Rs 36.24 crore, marking a YoY growth of 27.97% over Rs 28.32 crore in Q1FY26, while decreasing by 36.22% QoQ from Rs 56.82 crore in Q4FY26. Total comprehensive income attributable to the owners for Q1FY27 was Rs 38.31 crore, as against Rs 29.88 crore in Q1FY26 and Rs 58.09 crore in Q4FY26. Basic and Diluted Earnings Per Share (EPS) for Q1FY27 was Rs 15.68, compared to Rs 12.23 in Q1FY26 and Rs 23.78 in Q4FY26. Standalone Financial Highlights: Revenue from operations in Q1FY27 was Rs 1,380.43 crore, representing a YoY growth of 16.70% over Rs 1,182.87 crore in Q1FY26 and a QoQ decline of 5.59% from Rs 1,462.13 crore in Q4FY26. Total income for Q1FY27 stood at Rs 1,386.07 crore, compared to Rs 1,187.04 crore in Q1FY26 (up 16.77% YoY) and Rs 1,471.49 crore in Q4FY26 (down 5.80% QoQ). Net profit for the quarter Q1FY27 was Rs 37.04 crore, an increase of 40.09% YoY from Rs 26.44 crore in Q1FY26 and a decrease of 29.18% QoQ from Rs 52.30 crore in Q4FY26. Business Highlights: Segment Performance: Automotive Components: Revenue grew YoY to Rs 1,253.94 crore in Q1FY27 from Rs 1,077.32 crore in Q1FY26. Industrial Components: Revenue increased YoY to Rs 237.06 crore in Q1FY27 from Rs 188.18 crore in Q1FY26. Export Performance: Exports grew by 17.3% to Rs 380 crore in Q1FY27 compared to Rs 324 crore registered in Q1FY26. The company observed growth in the domestic market for cars, trucks, and agriculture tractors following GST 2.0 reforms. Strong growth was specifically noted in the export of construction equipment wheels. Srivats Ram, CMD, Wheels India said: “The company’s sales grew along with the domestic market for cars, trucks and agriculture tractors that continued their momentum post GST 2.0 reforms. In addition, we saw strong growth in the export of construction equipment wheels. There were strong inflationary pressures on material cost due to the West Asia crisis.” On the outlook, Srivats said, “We expect the growth momentum to continue in Q2.” Result PDF
Auto Parts & Equipment company Wheels India announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations was reported at Rs 1,564.02 crore, growing by 22.46% YoY against Rs 1,277.19 crore in Q4FY25, and up 14.04% QoQ from Rs 1,371.45 crore in Q3FY26. Total Income stood at Rs 1,572.77 crore, marking a 23.05% YoY rise from Rs 1,278.14 crore in Q4FY25, and a 14.15% QoQ increase from Rs 1,377.81 crore in Q3FY26. Net Profit (PAT) reached Rs 58.81 crore, achieving a strong growth of 52.60% YoY from Rs 38.54 crore in Q4FY25, and an increase of 59.42% QoQ from Rs 36.89 crore in Q3FY26. Revenue from Operations was Rs 5,464.94 crore, a 15.19% YoY growth from Rs 4,744.40 crore for the year ended March 31, 2025 (FY25). Total Income recorded was Rs 5,487.72 crore, rising 15.55% YoY compared to Rs 4,749.06 crore in FY25. Net Profit (PAT) stood at Rs 158.05 crore, delivering a robust 40.88% YoY increase from Rs 112.19 crore in FY25. Earnings Per Share (EPS) (Basic and Diluted) improved to Rs 63.44 from Rs 45.39 in the previous year. Standalone Financial Highlights: Revenue from Operations stood at Rs 1,462.13 crore, up 22.63% YoY from Rs 1,192.27 crore for the quarter ended March 31, 2025 (Q4FY25), and increased by 14.20% QoQ from Rs 1,280.33 crore in Q3FY26. Total Income was Rs 1,471.49 crore, registering a growth of 23.16% YoY against Rs 1,194.82 crore in Q4FY25, and rising 14.32% QoQ from Rs 1,287.18 crore in Q3FY26. Net Profit (PAT) grew significantly to Rs 52.30 crore, showing an increase of 45.32% YoY compared to Rs 35.99 crore in Q4FY25, and a jump of 63.18% QoQ from Rs 32.05 crore in Q3FY26. Revenue from Operations stood at Rs 5,098.35 crore, reflecting a strong growth of 15.47% YoY from Rs 4,415.33 crore for the year ended March 31, 2025 (FY25). Total Income reached Rs 5,124.40 crore, up 15.81% YoY from Rs 4,424.86 crore in FY25. Net Profit (PAT) was Rs 138.56 crore, indicating a 30.90% YoY increase from Rs 105.85 crore in FY25. Earnings Per Share (EPS) (Basic and Diluted) improved to Rs 56.71 from Rs 43.32 in the previous year. Business Highlights: Segment Performance (Consolidated): Automotive Components: For the quarter ended March 31, 2026, revenue was Rs 1,303.89 crore, reflecting a 24.68% YoY growth compared to Rs 1,045.77 crore in Q4FY25. For the year ended March 31, 2026, the segment recorded a total revenue of Rs 4,526.42 crore (up 15.96% YoY from Rs 3,903.43 crore). Industrial Components: For the quarter ended March 31, 2026, revenue stood at Rs 260.13 crore, growing by 12.41% YoY from Rs 231.42 crore in Q4FY25. For the year ended March 31, 2026, revenue for this segment stood at Rs 938.52 crore (up 11.60% YoY from Rs 840.97 crore). Dividend: The Board of Directors recommended a final dividend of Rs 9.14 (91.4%) per equity share of Rs 10 each for the financial year 2025-26, amounting to an outlay of Rs 22.33 crore. Impact of New Labour Codes: Following the Government of India's notification of four new labour codes effective from November 21, 2025, the company has factored in an incremental gratuity expense of Rs 2.80 crore for the quarter ended March 31, 2026, and Rs 7.90 crore for the year ended March 31, 2026, based on actuarial valuations. Corporate Approvals: The Board approved the alteration of the Articles of Association to align with the Companies Act, 2013, subject to the approval of shareholders at the ensuing 67th Annual General Meeting scheduled for July 1, 2026. Commenting on the performance, Srivats Ram, CMD, Wheels India said, “The fourth quarter was a record quarter in terms of sales driven by very strong domestic demand in car, truck and tractor segments, driven by GST 2.0 reforms. The air suspension division also had a strong quarter. On the export front the demand for earthmover wheels was the driver for growth.” On the outlook, Srivats Ram said “The end of the fourth quarter also saw the beginning of inflation in commodities and fuel prices. This headwind is likely to mute demand growth in FY27 in domestic industry segments serviced by us. We continue to invest in capex required to fuel growth of the company.” Result PDF