Wheels India Ltd, the Chennai-based automotive part producer, reported a 51 per cent improve in consolidated net revenue to ₹58 crore in the fourth quarter ended March 31, 2026 over ₹38 crore for the corresponding quarter final 12 months. Revenue was up 22 per cent to ₹1,564 crore (₹1,371 crore).
For FY26, consolidated net revenue elevated by 41 per cent to ₹158 crore as towards ₹112 crore over the earlier 12 months on a 15 per cent improve.
On the again of an enchancment in home demand and exports, the consolidated revenues crossed the milestone of ₹5,000 crore in FY26 to ₹5,465 crore (₹4,744 crore).
On a standalone foundation, the corporate reported a 41 per cent improve in net revenue to ₹52 crore (36 crore) on a 23 per cent improve in revenue to ₹1,462 crore (₹1,192 crore).
For FY26, the consolidated standalone net revenue rose by 31 per cent to ₹139 crore (₹105 crore) on a 15 per cent improve in revenue – that crossed the ₹5,000 crore milestone – to ₹5,098 crore (₹4,415 crore).
The Board that met in Chennai at present beneficial a ultimate dividend of Rs. 9.14 per share that mixed with the interim dividend of Rs. 5.3per share declared earlier in the 12 months takes the full dividend for the 12 months to Rs. 14.44 per share.
Srivats Ram, CMD, Wheels India, mentioned, “The fourth quarter was a document quarter in phrases of gross sales pushed by very robust home demand in automotive, truck and tractor segments, on the again of GST 2.0 reforms. The air suspension division additionally had a powerful quarter. On the export entrance, the demand for earthmover wheels was the motive force for progress.”
Chatting with newspersons Ram mentioned the tip of the fourth quarter additionally noticed the start of inflation in commodities and gasoline costs. This headwind is prone to mute demand progress in FY27 in home business segments serviced by us. “We’re prone to make investments round ₹280 crore in capex this fiscal to gasoline the expansion,” he mentioned.
Demand is undamaged. We now have had two years of successive progress and higher profitability. We imagine we are able to proceed this even in these unsure instances. We anticipate exports to enhance additional this 12 months in comparison with final 12 months however actually FY28 shall be a greater 12 months on the exports entrance as we’re engaged on new contracts with international clients. General, we’re assured of doing comparatively higher going ahead, he mentioned.
As a result of GST 2.0 efforts, the third and fourth quarters have been very robust throughout all segments like automotive, truck, tractor, air suspension. On the export entrance, the corporate didn’t do badly in exports regardless of the US tariff.
On the export entrance, the corporate didn’t do badly in exports regardless of the US tariff with the corporate clocking a 20 per cent export progress in Q4, he added.
“Nonetheless, in March we began feeling the pressures of the West Asia disaster and we began seeing the start of preliminary non availability of commodities akin to aluminium or fuel, and inflation in commodities and gasoline costs that began kicking in in March and that may be a headwind that we must face,” he mentioned. “We can have inflationary headwinds in the approaching 12 months,” he added.
“We stay cautiously optimistic and I say the phrase cautiously optimistic as a result of uh this can be a little bit like strolling in a fog in direction of very diffuse daylight on the finish of it and you actually don’t know the place you might be until you’ve got made one step,” mentioned Ram.
Revealed on Could 15, 2026
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