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Intrinsic value · Buy/Sell verdict · scores — free· 1046 Indian stocks· EOD 2026-09-14

Wheels India Limited

WHEELSNSEConsumer Cyclical
₹2,230.1
-82.90 (-3.58%)
Sell

Momentum (96/100) does the heavy lifting; quality (15/100) is the drag.

Fair valueSolvency risk
The bottom line

Wheels India Limited earns a Sell from StocksWizard, with a blended score of 37/100. We put fair value near ₹1,207.41; at ₹2,230.1 that leaves roughly 46% downside, so the stock screens overvalued by 46%. On 22.7x trailing earnings it sits cheaper than the Consumer Cyclical median of about 27.7x. The price is about 7% below its 52-week high of ₹2,400.6 and 216% above the low of ₹705.56. Financial health scores 21/100, in the grey band on the Altman Z-score, with a Piotroski F-score of 5/9. It clears 3 of 10 investability checks, with durability 15, valuation 51 and momentum 96 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹1,207.41down 45.86%
Overvalued by 46%
Price ₹2,230.1Range ₹1,110.82₹1,671.82
DCF + relative blendmedium confidence

With a 20% margin of safety, our buy-below price is ₹965.93.

1-year price

EOD · 2026-09-14
1D
down 3.58%
1W
up 29.29%
1M
up 64.75%
3M
up 40.39%
6M
up 149.58%
1Y

52-week range

-7.10% from the 52-week high.

Trend check
Above 50-DMA₹1,539Above 200-DMA₹1,200

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Sell37
F
Financial health 21/100
Altman Z 1.85 · Grey zone

Piotroski F-score 5/9 — quality of earnings & balance sheet.

Our scores

Durability15
Valuation51
Momentum96

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 3 of 10 checks
Each check screens one fundamentals, valuation or trend signal.
  • No data: ROE above 15%
  • No data: Low debt (D/E < 0.5)
  • Pass: Positive free cash flow
  • Fail: Revenue growth > 10%: 3%
  • Fail: Earnings growing: -10%
  • Fail: Net margin ≥ 10%: 3.2%
  • No data: Current ratio > 1.5
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Pass: Above 50-day average
  • No data: Positive 1-year return
  • Fail: Altman Z in safe zone: Z 1.85
  • Fail: Piotroski ≥ 7: 5/9

Quarterly results

Revenue · 2Q2019
₹782 Cr
Net profit
₹11 Cr
Margin
1%
3Q2018
4Q2018
2Q2019
Revenue Net profitLatest revenue QoQ -9%

Shareholding

  • Promoter0.0%
  • Institutions6.2%
  • Public & other93.8%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹3,523 Cr
P/E ratio
22.7
P/B ratio
3.38
EPS (TTM)
₹63.44
ROE
Debt / Equity
Profit margin
3.2%
Free cash flow
₹201 Cr
52-week high
₹2,400.6
-7.10% from high
52-week low
₹705.56
Dividend yield
1.0%
Beta
SWOT snapshot

Bull case vs bear case

Bear case

Threats

  • Earnings contracting year on year.
  • Trades ~46% above our estimated fair value.

About Wheels India Limited

Wheels India Limited manufactures and sells automotive and industrial components including steel, cast aluminum, forged aluminum, and wire wheels for passenger vehicles, trucks, buses, agricultural equipment, and defense applications. The company also produces vehicle chassis, suspensions, wind turbine components, and fabricated precision products for construction and mining sectors, serving both domestic and international markets through its subsidiary operations.

Wheels India Limited — frequently asked questions

Is Wheels India Limited a buy, hold or sell?

StocksWizard currently rates Wheels India Limited (WHEELS) a Sell, based on a blended score of 37/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Wheels India Limited's fair value?

Our blended DCF and relative-valuation model estimates Wheels India Limited's fair value at about ₹1,207.41, versus a current price of ₹2,230.1 — roughly 46% downside. On that basis the stock looks overvalued by 46%.

Is Wheels India Limited financially healthy?

Wheels India Limited scores 21/100 on our financial-health model, placing it in the grey band on the Altman Z-score, with a Piotroski F-score of 5/9.

How has Wheels India Limited's share price performed?

Wheels India Limited is up 40% over three months, and last traded at ₹2,230.1. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.