Wheels India Limited
WHEELS
Rank in Stocks
#10977
Wheels India Limited, operating with its subsidiary, specializes in the... Wheels India Limited, operating with its subsidiary, specializes in the production and distribution of automotive and industrial components throughout India and global markets. The company's extensive portfolio features various types of wheels, including steel wheels for heavy, light, and agricultural vehicles, alongside off-road construction, wire, and forged aluminum models. It further supplies air suspension systems tailored for buses, trucks, and trailers, complemented by a selection of control and specialty products. Beyond wheels and suspensions, the firm manufactures wind turbines and precision-machined parts for a wide array of other applications. Its offerings also encompass automotive structural elements such as beams, boxes, columns, both automatically and manually welded plates, and rolled sections. Additionally, Wheels India delivers fabrication services to the construction and mining equipment sectors. Founded in 1960, the company maintains its principal office in Chennai, India.
Share Price
$25.41
Last synced: 2026-11-09
Market Cap
$620.92M
Change (1 day)
3.71%
Change (1 year)
150.89%
Country
Stock data: Financial Modeling Prep·Updated ·Not investment advice·How we calculate this
Trade Wheels India Limited (WHEELS)
Category
Consumer Cyclical
Operating Margin for Wheels India Limited (WHEELS)
Operating Margin as of November 2026 TTM: 5.52%
According to Wheels India Limited's latest financial reports, its current operating margin (TTM) is 5.52%. At the end of 2025 the company had an operating margin of 19.52%.
Operating Margin history for Wheels India Limited from 2006 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 5.52% | -71.72% |
| 2025 | 19.52% | 27.83% |
| 2024 | 15.27% | 381.70% |
| 2023 | 3.17% | -18.72% |
| 2022 | 3.90% | 62.50% |
| 2021 | 2.40% | -36.51% |
| 2020 | 3.78% | -29.61% |
| 2019 | 5.37% | -6.93% |
| 2018 | 5.77% | 0.52% |
| 2017 | 5.74% | 7.49% |
| 2016 | 5.34% | 18.14% |
| 2015 | 4.52% | -3.21% |
| 2014 | 4.67% | -15.86% |
| 2013 | 5.55% | -46.63% |
| 2012 | 10.40% | 207.69% |
| 2011 | 3.38% | 19.01% |
| 2010 | 2.84% | -50.78% |
| 2009 | 5.77% | 9.90% |
| 2008 | 5.25% | 9.38% |
| 2007 | 4.80% | 31.15% |
| 2006 | 3.66% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 11.61% | -97.90% |
JP
|
|
| 6.83% | -98.76% |
JP
|
|
| 9.84% | -98.22% |
FR
|
|
| 5.75% | -98.96% |
KR
|
|
| 22.28% | -95.96% |
CN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Wheels India Limited's operating margin
What is Wheels India Limited's operating margin?
Wheels India Limited's operating margin is 5.52%, as of Nov 2026.
What was Wheels India Limited's operating margin in 2025?
In 2025, Wheels India Limited's operating margin was 19.52%, compared with 15.27% in 2024.
How has Wheels India Limited's operating margin changed since 2020?
From 2020 to 2025, Wheels India Limited's operating margin was highest in 2025 (19.52%) and lowest in 2021 (2.40%).
How does Wheels India Limited's operating margin compare with similar companies?
Wheels India Limited's operating margin (5.52%) is lower than that of all 5 similar companies listed above. The highest among them is Fuyao Glass Industry Group Co., Ltd., with 22.28%.