Slide 1: Wheels India Limited Investor Presentation Q4 FY26
Wheels India Limited Investor Presentation Q4 FY26 111
Slide 2: TSF Group Overview
TSF Group Overview • Companies part of the T S Santhanam family with lineage from the erstwhile TVS Group ~$3.2 Bn. Consolidated • Diversified portfolio across Auto components, Turnover FY25 Dealerships & Distribution and Financial services 1936 Since 15 • Global supply chain partner with strong 36+
Slide 3: TSF Group Companies
TSF Group Companies TSF Group Auto Components Auto Distribution & Dealerships Finance and Insurance Brakes India Sundaram Finance India Motor Parts & Accessories Wheels India Limited Royal Sundaram General Insurance Turbo Energy Sundaram Motors Sundaram Home Finance Axles India Madras Auto Sundaram
Slide 4: Promoters & Value system of TSF
Promoters & Value system of TSF Wheels India Limited (WIL) is part of the TSF Group and was established in 1960. WIL is a listed Company, wherein Promoters hold 58.31 % of the equity capital. Value systems of WIL are Relationships, Integrity, Customer Centricity and Excellence. 4
Slide 5: Wheels India Ltd - Company Profile
Wheels India Ltd - Company Profile Tractor & Earth mover wheels Automotive - Steel & Aluminium Wheels 1960 Establishment Components for Wind Turbines Air suspension & Lift axles ~8,400 Workforce 10 Units Manufacturing plants Fab Sector Hydraulic Cylinders $ 540 Million $ 141 Million (Exports) WIL Ca
Slide 6: Journey of Wheels
Journey of Wheels WIL RENEWABLE CAST ALLOY ESTABLISHED CHASSIS AND ENERGY WHEELS PLANT, AT PADI, CONSTRUCTION EARTHMOVER FORGED SUSPENSION COMPONENTS, THERVOY AGRI CHENNAI, PASSENGER EQUIPMENT WHEELS ALLUMINIUM PRODUCTS IRUNGATTUKOTT KANDIGAI, WHEELS TAMIL NADU CAR WHEELS WHEELS – - 1996 WHEELS PADI
Slide 7: Manufacturing Capability
Manufacturing Capability Passenger Car / UV Car / UV Wire Wheels CV – Tube type Commercial Vehicle CV - Tubeless Forged Aluminium Wheels Aluminium Wheels Cast Aluminium Wheels Off Road & Tractor Wheels Tractor Construction wheels Air Air Suspension Suspension Lift Axles Fab & Fabrication for CE Hydr
Slide 8: Plant Locations
Plant Locations Padi - CV, TR, LP, EM, AS, WW & Rampur - CV , LP , EM & TR Pune - CV, TR & LP Sriperumbudur - EM, SPDC & AS FAW Namachivayapuram - FAB Irungattukottai - WTC Pukkathurai - WTC Thervoy Kandigai - CAW Legend CV Commercial Vehicles TR Tractor LP Light Passenger Vehicle EM Earth mover Whe
Slide 9: Key Customers
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Slide 10: Accreditations/Awards
Accreditations/Awards Best Energy Efficient Unit and Most Innovative Project CII Energy Efficiency Summit 2025 Ecovadis – Silver Climate C Gold Certification Top 15% - Global Rating Water B- Global Rating CII Greenco Rating 10
Slide 11: Accreditations/Awards
Accreditations/Awards Won the Best Supplier Award at Award for Cybersecurity from TAFE MSIL Partnership and Quality Award from Best Overall Partnership and Escorts Kubota Limited Collaboration award at VECV 11
Slide 12: Accreditations/Awards contd…
Accreditations/Awards contd… ACMA Excellence Award in Digitalization, Quality Award from the Engineering Export Manufacturing & ESG Promotion Council of India (EEPC) Caterpillar Supplier Komatsu Best Performance in John Deere Supplier of the Excellence (2025) Quality for Dump Truck (2025) year (2025
Slide 13: Business Overview
Business Overview WIL a leader in automotive wheels business, operates in two business segments, namely automotive products and industrial products. WIL has the following businesses in its fold; Automotive wheels division – cars, truck and tractors Construction equipment division comprising whee
Slide 14: Sales growth & Export sales growth
Sales growth & Export sales growth Values in INR Cr / % Sales 5124.40 4619.03 4355.56 4424.86 3701.07 Q4 2025-26 Sales 1471.49 Export 400.14 2021-22 2022-23 2023-24 2024-25 2025-26 (27.19%) FY 26 Export sales Sales 5124.40 1341.94 Export 1341.94 1215.91 (26.19%) 1119.16 1000.65 976.20 27.04% 22.41%
Slide 15: Q4 FY26 Summary Financials
Q4 FY26 Summary Financials Values in INR Cr / % Quarter ended Year ended Key Financials GOLY% Q4 FY 26 Q4 FY 25 31-03-2025 Gross revenues 1,471.49 1,194.94 4,424.86 23.1% EBITDA 126.79 99.43 336.31 27.5% Interest 27.19 28.29 109.87 -3.9% Depreciation 29.81 22.72 85.54 31.2% PBT 69.79 48.42 140.90 44
Slide 16: FY26 Summary Financials
FY26 Summary Financials Values in INR Cr / % Year ended Key Fi na nci a l s GOLY% 31.03.2026 31.03.2025 Gross revenues 5,124.40 4,424.86 15.8% EBITDA 403.74 336.31 20.0% Interest 111.82 109.87 1.8% Depreciation 106.51 85.54 24.5% PBT 185.41 140.90 31.6% PAT 138.56 105.85 30.9% EBITDA % 7.88% 7.60% P
Slide 17: Consolidated Summary Financials
Consolidated Summary Financials Values in INR Cr / % Quarter ended Year ended Key Financials GOLY% GOLY% Q4 FY 26 Q4 FY 25 31.03.2026 31.03.2025 Gross revenues 1,572.77 1,278.14 23.1% 5,487.46 4,749.06 15.5% EBITDA 138.41 105.91 30.7% 444.14 363.68 22.1% Interest 29.09 30.39 -4.3% 119.76 121.56 -1.5
Slide 18: Segment details Q4FY26 Consolidated
Segment details Q4FY26 Consolidated Values in INR Cr / % Segmental Revenue Q4 FY 26 Q4 FY 25 GOLY % Automotive components 1,304 1,046 25% Industrial components 260 231 12% Revenue from operations 1,564 1,277 22% Segmental EBIT Q4 FY 26 Q4 FY 25 GOLY % Automotive components 85.87 71.19 21% Industrial
Slide 19: Segment details FY26 Consolidated
Segment details FY26 Consolidated Values in INR Cr / % Segmental Revenue 25-26 24-25 GOLY % Automotive components 4,526 3,903 16% Industrial components 938 841 12% Revenue from operations 5,465 4,744 15% Segmental EBIT 25-26 24-25 GOLY % Automotive components 287.55 234.52 23% Industrial components
Slide 20: Capex
Capex Values in INR Cr Capex 261.84 249.03 148.13 141.53 129.63 2021-22 2022-23 2023-24 2024-25 2025-26 Capex FY26 Capex of FY26 is mainly towards expanding capacity for machining of large castings, windmill products, automotive aluminium & steel wheels, Earth mover and Big agri wheels apart from ce
Slide 21: Key metrics (standalone)
Key metrics (standalone) Values in INR Cr / times DEBT Debt Equity 1.26 1.08 811.06 755.20 708.52 0.93 704.10 674.88 0.84 0.72 2021-22 2022-23 2023-24 2024-25 2025-26 2021-22 2022-23 2023-24 2024-25 2025-26 Debt is maintained at FY25 levels. Debt equity continues to drop. Debt to EBITDA 111.27 83.45
Slide 22: Key metrics (consolidated)
Key metrics (consolidated) Values in INR Cr /times Particulars 31.03.2026 31.03.2025 Debt (Rs. In Crs.) 689.66 724.70 Debt Equity (Times) 0.68 0.81 Debt to EBITDA * (Times) 1.56 1.99 Free Cash Flow (Rs. In Crs.) 73.58 74.15 * If discounting limits are included ,then the above ratio would be 2.88 tim
Slide 23: Key strategies & focus areas, going forward …ROCE & RONW
Key strategies & focus areas, going forward …ROCE & RONW Grow exports of wheels for construction equipment and agricultural tractors Ramp-up the expanded facility for machining of large castings for windmills; Also Step up the capacity and volumes of the fabricated, structural parts for windmill
Slide 24: Thank you
Thank you 24
Slide 25: Segment details Q4 FY26
Segment details Q4 FY26 Values in INR Cr / % Segmental Revenue Q4 FY 26 Q4 FY 25 GOLY % Automotive components 1,202 961 25% Industrial components 260 231 12% Revenue from operations 1,462 1,192 23% Segmental EBIT Q4 FY 26 Q4 FY 25 GOLY % Automotive components 76.44 65.96 16% Industrial components 20
Slide 26: Segment details FY26
Segment details FY26 Values in INR Cr / % Segmental Revenue 25-26 24-25 GOLY % Automotive components 4,160 3,574 16% Industrial components 938 841 12% Revenue from operations 5,098 4,415 15% Segmental EBIT 25-26 24-25 GOLY % Automotive components 255.91 214.83 19% Industrial components 41.32 35.94 1