WHEELS INDIA LTD chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 1,648.43
Dividend & Yield8.30₹ (1.39%)
Beta 0.67
Market capitalization 14.54B
Operating cash flow 276.1M
ESG Scores unknown

Company description

Wheels India Limited manufactures and sells automotive and industrial components in India and internationally. The company offers steel wheels for use in heavy and light vehicles, as well as for agricultural applications; off-road construction wheels, wire wheels, and forged aluminum wheels; air suspension systems for buses, trucks and trailers, and control and specialty products; and wind turbines and machined components for various other applications. It also provides beams, boxes, columns, auto welded and manually welded plates, and rolled sections; and fabrication services for construction and mining equipment sector. Wheels India Limited was incorporated in 1960 and is based in Chennai, India.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio0.57
Working Capital-3.27
Return On Equity0.1
Debt To Equity0.34
Fixed Asset Ratio0
Fixed Interest Cover2.15

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 1.34B -1.59B 3.87B 1.78B
Total Cashflows From Investing Activities -2.3B -2.42B -1.18B -1.2B
Net Borrowings 1.27B 1.54B 359.9M 1.55B
Total Cash From Financing Activities 377.9M 698.7M -310.8M 838.1M
Change To Operating Activities -312.2M 224.7M 35.5M 8.5M
Issuance Of Stock
Net Income 765.1M 490.6M 18.2M 764.7M
Change In Cash -90.3M 116.1M -4.9M -89.5M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.84B 1.84B 1.48B 276.1M
Depreciation 786.5M 779.2M 842M 1.01B
Change To Account Receivables -876.7M 1.4B -2.67B -1.37B
Other Cashflows From Financing Activities -667.8M -613.6M -606.6M -690.5M
Change To Netincome 752.2M 299.3M 728.3M 606.9M
Capital Expenditures -2.41B -2.44B -1.2B -1.35B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 1.08B 355.3M 8M 978M
Net Income 765.1M 490.6M 18.2M 764.7M
Selling General Administrative 3.56B 3.26B 3.13B 3.79B
Gross Profit 9.97B 7.92B 7.19B 10.65B
Ebit 1.69B 940.3M 579.3M 1.54B
Operating Income 1.69B 940.3M 579.3M 1.54B
Interest Expense -646.1M -655.5M -576M -714.9M
Income Tax Expense 321M -117.9M 6.8M 236.2M
Total Revenue 34.41B 26.72B 24.13B 39.66B
Cost Of Revenue 24.44B 18.79B 16.94B 29.02B
Total Other Income ExpenseNet -606.9M -585M -571.3M -558.6M
Net Income From Continuing Ops 761.5M 473.2M 1.2M 741.8M
Net Income Applicable To Common Shares 765.1M 490.6M 18.2M 764.7M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 13.52B 13.02B 17.96B 22.23B
Total Stockholder Equity 6.4B 6.64B 6.61B 7.34B
Other Current Liabilities 274.5M 326.5M 358M 2.13B
Total Assets 20.15B 19.87B 24.76B 29.74B
Common Stock 240.6M 240.6M 240.6M 240.6M
Other Current Assets 1.06B 599.4M 1.01B 1.85B
Retained Earnings 4.87B 5.13B 5.09B
Treasury Stock -17.7M -49.6M -34.4M 7.1B
Cash 29.1M 44.6M 22.2M 42.3M
Total Current Liabilities 10.76B 9.6B 13.93B 19.04B
Other Stockholder Equity -17.7M -49.6M -34.4M 7.1B
Property, Plant, and Equipment 7.7B 9.46B 9.94B 10.26B
Total Current Assets 11.71B 9.8B 14.29B 18.81B
Net Tangible Assets 6.34B 6.59B 6.57B 7.31B
Net Receivables 6.05B 4.91B 7.66B 8.91B
Accounts Payable 6.45B 5.05B 8.97B 10.84B


Insider Transactions

Here are the insider transactions of stock shares related to WHEELS INDIA LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
India Motor Parts & Accessories LtdAcquisition at price 6.15 per share.D2021-03-23Promoter584.65k
Titan Europe PlcSale at price 5.67 per share.D2020-06-29Promoter3.61M
Titan Europe PlcD2020-06-04Promoter1.2M
Titan Europe PlcD2020-02-20Promoter916.59k
Titan Europe PlcI2020-02-20Promoter
Prasad (S)D2019-12-17Independent Non-Executive Director3.2k
Ram (Nivedita)D2019-09-30UNREPORTED177.6k
Titan Europe PlcD2019-09-30Promoter1.61M
Titan Europe PlcD2013-05-10Promoter574.17k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to WHEELS INDIA LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on WHEELS INDIA LTD

Here is the result of two systematic investment strategies applied to WHEELS INDIA LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on WHEELS INDIA LTD

The following chart shows the equity curve of the two systematic investment strategies applied to WHEELS INDIA LTD:

WHEELS INDIA LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -1.8% on the backtest period.

Performance at glance

Performance

-1.8 %

Latent gain

-114.95 ₹

Invested capital

6376.45 ₹

Annualized return

-0.43 %
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Momentum strategy results on WHEELS INDIA LTD

This is the result of two momentum investment strategies applied to WHEELS INDIA LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on WHEELS INDIA LTD

The following chart shows all the entries opened by the momentum investment system on WHEELS INDIA LTD:

WHEELS INDIA LTD momentum entries
  • The first momentum investment strategy would give -9.31% of return on WHEELS INDIA LTD. That represents -900.1₹ of latent gain with 9666.2₹ of employed capital.
  • The second momentum investment strategy would give -1.68% of return on WHEELS INDIA LTD. That represents -118.0₹ of latent gain with 7005.65₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-9.31 %

Latent gain

-900.1 ₹

Invested capital

9666.2 ₹

Annualized return

20.05 %
Performance at glance (2Q Momentum)

Performance

-1.68 %

Latent gain

-118.0 ₹

Invested capital

7005.65 ₹

Annualized return

-0.45 %

Momentum equity curve on WHEELS INDIA LTD

The following chart shows the equity curve of the two momentum strategies applied to WHEELS INDIA LTD:

WHEELS INDIA LTD momentum equity

Note: the dividends potentially given by WHEELS INDIA LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WHEELS INDIA LTD

The following chart shows the employed capital evolution of the two momentum strategies on WHEELS INDIA LTD since the beginning:

WHEELS INDIA LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on WHEELS INDIA LTD

Buy the dip entry openings on WHEELS INDIA LTD

WHEELS INDIA LTD

The performance achieved by the robo-advisor on WHEELS INDIA LTD is 44.1%. That represents 383.25$ of latent gain with 869.05₹ of employed capital. The following chart shows WHEELS INDIA LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of WHEELS INDIA LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

44.1 %

Latent gain

383.25 ₹

Invested capital

869.05 ₹

Annualized return

20.05 %

Equity curve of the strategy applied to WHEELS INDIA LTD

The following chart shows the result of the investment strategy applied to WHEELS INDIA LTD:

WHEELS INDIA LTD

Note: the dividends potentially given by WHEELS INDIA LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WHEELS INDIA LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on WHEELS INDIA LTD:

WHEELS INDIA LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on WHEELS INDIA LTD

In this section, I will compare the three previous investment strategies applied to WHEELS INDIA LTD.

Equity curve comparison on WHEELS INDIA LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

WHEELS INDIA LTD investment strategy comparison

Employed capital comparison on WHEELS INDIA LTD

WHEELS INDIA LTD investment comparison

Performance comparison on WHEELS INDIA LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -1.8% -114.95₹ 6376.45₹ -0.43%
Momentum 1 quarter -9.31% -900.1₹ 9666.2₹ -2.35%
Momentum 2 quarters -1.68% -118.0₹ 7005.65₹ -0.45%
Non-directional 44.1% 383.25₹ 869.05₹ 20.05%
Annualized return comparison

Automatic investment

-0.43 %

Momentum 1Q

-0.45 %

Momentum 2Q

-0.45 %

Non-directional

20.05 %

Correlated stocks

Here are the most positively and negatively correlated stocks with WHEELS INDIA LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between WHEELS INDIA LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of WHEELS INDIA LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name WHEELS INDIA LTD
Country India
City Chennai
Address Padi
Phone 91 44 2625 8511
Website www.wheelsindia.com
FullTime employees
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNSE
Ticker WHEELS.XNSE
Market

WHEELS INDIA LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown