Wheels India Limited (NSE:WHEELS)

Wheels India Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	45,037	44,040	45,826	42,474	36,150	22,189
Other Revenue	3,404	3,404	3,947	3,929	3,515	1,945
Revenue	48,440	47,444	49,773	46,403	39,665	24,134
Revenue Growth (YoY)	-1.77%	-4.68%	7.26%	16.99%	64.35%	-9.67%
Cost of Revenue	33,922	33,517	36,445	34,315	29,304	16,942
Gross Profit	14,518	13,927	13,328	12,088	10,361	7,192
Selling, General & Admin	5,408	5,243	5,307	4,719	3,926	3,130
Other Operating Expenses	5,443	5,159	5,192	5,163	3,889	2,627
Operating Expenses	11,823	11,335	11,518	10,625	8,824	6,613
Operating Income	2,695	2,593	1,810	1,462	1,537	579.3
Interest Expense	-1,226	-1,213	-1,220	-1,057	-721.5	-576
Interest & Investment Income	27.3	27.3	21.2	13.9	9.7	21.8
Earnings From Equity Investments	59.1	65.3	82.1	50.1	32.2	-0.9
Currency Exchange Gain (Loss)	8.9	8.9	43.7	185.3	104.8	-5.3
Other Non Operating Income (Expenses)	18.9	7.7	10.7	2.7	15.6	-10.9
EBT Excluding Unusual Items	1,584	1,489	747.8	657.6	977.4	8
Gain (Loss) on Sale of Assets	-	-	0.7	1	0.6	-
Pretax Income	1,584	1,489	748.5	658.6	978	8
Income Tax Expense	393.4	367.1	159.5	144.3	236.2	6.8
Earnings From Continuing Operations	1,190	1,122	589	514.3	741.8	1.2
Minority Interest in Earnings	-18.7	-12.9	38.7	39.2	22.9	17
Net Income	1,172	1,109	627.7	553.5	764.7	18.2
Net Income to Common	1,172	1,109	627.7	553.5	764.7	18.2
Net Income Growth	52.98%	76.68%	13.41%	-27.62%	4101.65%	-96.29%
Shares Outstanding (Basic)	24	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24	24
Shares Change (YoY)	-0.04%	-	-	1.53%	-	-
EPS (Basic)	47.96	45.39	25.69	22.65	31.78	0.76
EPS (Diluted)	47.96	45.39	25.69	22.65	31.78	0.76
EPS Growth	53.04%	76.68%	13.40%	-28.71%	4101.65%	-96.29%
Free Cash Flow	-	1,912	1,791	2,150	-1,077	284
Free Cash Flow Per Share	-	78.26	73.29	87.98	-44.74	11.80
Dividend Per Share	-	11.530	7.390	6.970	8.300	1.000
Dividend Growth	-	56.02%	6.03%	-16.02%	730.00%	-82.30%
Gross Margin	29.97%	29.35%	26.78%	26.05%	26.12%	29.80%
Operating Margin	5.56%	5.46%	3.64%	3.15%	3.87%	2.40%
Profit Margin	2.42%	2.34%	1.26%	1.19%	1.93%	0.07%
Free Cash Flow Margin	-	4.03%	3.60%	4.63%	-2.71%	1.18%
EBITDA	3,543	3,425	2,579	2,112	2,491	1,396
EBITDA Margin	7.31%	7.22%	5.18%	4.55%	6.28%	5.79%
D&A For EBITDA	847.58	832	769.7	649.3	954.3	816.8
EBIT	2,695	2,593	1,810	1,462	1,537	579.3
EBIT Margin	5.56%	5.46%	3.64%	3.15%	3.87%	2.40%
Effective Tax Rate	24.84%	24.65%	21.31%	21.91%	24.15%	85.00%
Revenue as Reported	48,498	47,491	49,855	46,613	39,789	24,157

Source: S&P Global Market Intelligence. Standard template. Financial Sources.