What we do Wheels India Ltd manufactures steel, aluminum, and wire wheels, plus bus and truck chassis, suspensions, hydraulic cylinders, and wind turbine components, serving domestic and global automotive industries. |
Founded in 1,960 |
Market share Supplies two-thirds of India's domestic wheel market and exports 15% to North America, Europe, Asia Pacific, and South Africa; among world's largest wheel manufacturers. |
Problem solved Provides reliable, quality wheel and automotive components to support vehicle efficiency, safety, and durability across commercial, passenger, and industrial vehicles. |
Top clients or who we serve B2B customers including passenger car, utility vehicle, truck, bus manufacturers and wind turbine makers in India and international markets. |
Key management - |
Our journey and innovations Established 1960, expanded portfolio and plants across India, introduced air suspension kits in 2003, began aluminum wheels production in 2022, and formed a US subsidiary in 2024. |
Where we operate India primarily with manufacturing plants in Uttar Pradesh, Tamil Nadu, Maharashtra, and international exports to North America, Europe, Asia Pacific, South Africa. |
Top products or what we offer Steel and aluminum wheels, bus and truck chassis, air suspension kits, hydraulic cylinders, precision wind turbine components, and fabricated assemblies. |
Top brands Not specified distinct consumer brands; known for leadership in steel and aluminum wheels for multiple vehicle segments, |
Raw materials needed Steel, aluminum, wire materials, and hydraulic components for manufacturing wheels and suspension products. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely cyclical, tied to automotive and industrial production cycles with some recurring supply contracts. |
Our industry position Market leader in automotive wheels in India, significant exporter, recognized for manufacturing excellence and innovation. |
Financial highlights FY25 revenue Rs. 4393 Crore, profit after tax Rs. 106 Crore, EBITDA grew 22%, net profit margin improved to 2.39%. |
Geographical revenue split Approximately 77% revenue from India and 23% from exports outside India. |
Order book - |
Whats driving growth Demand for advanced wheels, growth in passenger and commercial vehicles, diversification into industrial components and renewable energy products. |
Our future plans Expanding aluminum wheel production, ramping up agricultural wheel line, US subsidiary for business development, ongoing plant consolidation for efficiency. |
Our green promise Increased renewable energy use from 26% to 58%, continuous sustainability initiatives across manufacturing operations. |
Our people and values Focuses on employee training, safety culture, employee satisfaction, and diversity with cordial industrial relations across plants. |
Key challenges ahead Global trade volatility, commodity steel price increases, and slowing demand in commercial vehicle segments. |
Interesting facts Among world's largest steel and aluminum wheel manufacturers; received star exporter awards and ACMA accolades for manufacturing and sustainability. |
Risks and strategy Mitigates risks via operational efficiency, cost control, plant consolidation, product diversification, and focused export market development. |
