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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Wheels India Limited is an India-based manufacturer of steel, aluminum and wire wheels. The Company is a supplier of wheels to manufacturers of commercial vehicles, passenger vehicles, agricultural tractors and construction equipment. Its segments include Automotive…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, priced for perfection.
Wheels India is scored on the general / industrial framework. It keeps a thin 2.9% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 3.02× reported profit. Free cash flow is worth about 3.0% of its market value.
Over the last 3 years revenue compounded at 6%/yr and profit at 45%/yr. Book value has grown 10%/yr. Return on equity is a healthy 12.7%. In the latest quarter profit fell 34% versus the prior quarter.
At 36× earnings, the stock sits at the 99th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~15%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 31.95 | 38.56 | better |
| P/B | 4.12 | 4.21 | better |
| EV/EBITDA | 14.2 | 18 | better |
| ROE | 12.71 | 13.33 | worse |
| ROCE | 16.62 | 11.96 | better |
| ROA | 4.78 | 5.52 | worse |
| Quick Ratio | 0.51 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Samvardhana Motherson Intl | 34.3 | 3.6 | 10.4% |
| Bosch | 63.4 | 10.1 | 15.8% |
| Uno Minda | 54.4 | 10.3 | 17.7% |
6% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (45% vs 6%) — margin expansion is at work. The latest year saw a +41% swing — check if it's a one-off or structural.
Operating margin has expanded from 1% to 4% — the business is keeping more of each rupee earned.
ROE at 15% — a respectable return on shareholder capital. Capital efficiency improving — ROE up 9pp across the window.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (45% vs 41%) — share dilution is eroding per-share value. 41% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 3.0× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 5% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 16% above earlier ones.
Profit fell 34% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 56.9% — majority control intact. Promoters reduced 1.5pp over 4 quarters — watch whether this is planned divestment or pledge invocations. MF stake down 4.6pp — domestic funds are booking profits or rebalancing out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.