Wheels India Limited · NSE:WHEELS
Wheels India — Investor Presentation (September 2026)
24 slides from Wheels India's investor presentation, September 2026
Slide 1: Wheels India Limited Investor Presentation
WHEELS INDIA LIMITED Investor Presentation
Slide 2: Table of Contents
Table of Contents 1 Company overview 3 2 Business detailing 7 3 Industry and Wheels India Limited overview 11 4 Financial overview 19 5 Key strengths and strategies for growth 21 Strictly Private and Confidential 2
Slide 3: Company overview
7 @ WHEELS INDIA LIMITED Company overview
Slide 4: Wheels India – At a Glance
Wheels India – At a Glance A diversified portfolio built around two synergistic engines – Automotive and Precision Engineered Industrial Products AUTOMOTIVE COMPONENTS INDUSTRIAL COMPONENTS Passenger car , UV , tractor and Agri w heels Hydraulic cylinders Wind turbine and other industrial c omponent
Slide 5: Led by an experienced management team
Led by an experienced management team Led by an experienced Board and management team with extensive entrepreneurial and operational experience Mr. Srivats Ram Chairman & Managing Director Board of Directors Muthu Raju Rishikesha Santhanam Viji Raghuttama Rao Thiruvenkata Harsha Viji Sumithra Parava
Slide 6: Journey of Wheels India Limited
Journey of Wheels India Limited Every milestone represents a leap—expanding into new products, technologies and growth platforms Wheels India Start of Start of Start of Inaugration of Inauguration of Limited Start of production – production – Start of production - renewable energy Cast alloy wheels
Slide 7: Business Detailing
7 @ WHEELS INDIA LIMITED Business Detailing
Slide 8: Global Growth Powered by Exports and Strategic Partnerships
Global Growth Powered by Exports and Strategic Partnerships Expanding beyond India: strong and diversified export franchise Consistent revenue mix from exports across the periods Europe 26% 25% 26% 27% 27% China Export revenue in Cr. South US Korea 1,341.94 1,215.91 Nepal 1,119.16 Japan UAE Vietnam
Slide 9: Integrated manufacturing ecosystem – Combining Engineering, Scale and Execution
Integrated manufacturing ecosystem – Combining Engineering, Scale and Execution 6 decades of manufacturing expertise backed by technology and precision Installed Capacity Catering to capacity (K) Utilization Pantnagar, Padi, CV, Tractor, light PV, Drop Tamil Nadu center, Earth mover 4,887 76% Uttara
Slide 10: Strong R&D and engineering capabilities
Strong R&D and engineering capabilities Innovation at core to deliver products, enhance customer value and create sustainable long-term growth Advanced Integrated Next-Gen Engineering talent Development Innovation Infrastructure 100+ engineers and Vertically integrated, Collaborative and 50+ interna
Slide 11: Industry and Wheels India Limited overview
Industry and Wheels India Limited overview
Slide 12: Wheels business - Industry and growth
Wheels business - Industry and Wheels India Limited growth Expanding market with healthy, broad-based growth and premiumising material mix Industry Wheels India Limited Overall Market Size & Growth (PV, CV and Tractor Wheels) Wheels India Limited STEEL WHEELS ALLOY WHEELS Global India CVs, PVs, LCVs
Slide 13: Wheels India Limited growth: Passenger vehicle, commercial vehicle and tractors
Wheels India Limited growth : Passenger vehicle, commercial vehicle and tractors Presence across segments, well positioned to capture multiple structural growth drivers across India’s evolving automotive landscape ₹ 873 Cr. ₹ 1,016 Cr. ₹ 895 Cr. ₹ 371 Cr. Commercial Passenger Tractor 16% Revenue (FY
Slide 14: Growth: Construction and mining equipment wheels
Wheels India Limited growth : Construction and mining equipment wheels Products range ₹ 817 Cr. 15% Revenue (FY26) Contribution to consolidated revenue 817.0 705.0 FY25 FY26 Strictly Private and Confidential 14
Slide 15: Air Suspension business - Industry and growth
Air Suspension business - Industry and Wheels India Limited growth Industry Wheels India Limited Overall Market - Air Suspension Market Size (INR C r) Wheels India Limited – Overall Air suspension business1 (INR C r) India Global 555.6 1,151 109.6k 984 102.1k 425.2 845 95.0k 713 76.7k 82.4k 88.5k 60
Slide 16: Growth: Air Suspension business
Wheels India Limited growth : Air Suspension business Transitioning from a premium option to a near-standard feature in Commercial Vehicles Product Portfolio In-house design, development & assembly from OEM concept stage ₹ 556 Cr. ₹ 10% Revenue (FY26) R&D + early mover advantage → leading to market
Slide 17: Wind turbine and other industrial components - Industry and growth
Wind turbine and other industrial components - Industry and Wheels India Limited growth Industry Wheels India Limited Overall Market – Wind Turbine and other industrial components WIL parts used in one windmill (INR Cr) India Global 13% (INR C r) 94.4k 26 82.2k 1,418.8k 18 70.1k 59.7k 1,203.5k ₹ 738
Slide 18: Hydraulic cylinders business - Industry and growth
Hydraulic cylinders business - Industry and Wheels India Limited growth Industry Wheels India Limited Overall Market - Hydraulic Cylinders (INR C r) Wheels India Limited (INR C r) India Global Volume 200 7.4 9.7 57.8 75.7 (Lacs) 163 4% 2,917 62.6k Value 1,808 39.0k (₹ Cr) Contribution to consolidate
Slide 19: Financial overview
7 @ WHEELS INDIA LIMITED Financial overview
Slide 20: Robust financials, growth and sustained margin expansion
Robust financials, growth and sustained margin expansion Revenue from Operations (₹ Cr.) EBITDA (INR Cr.) & EBITDA M (%) PAT (INR Cr.) & PAT M (%) CAGR: 25% CAGR: 64% CAGR: 5% 444 5,465 158 4,977 4,744 364 112 CAGR: 26% CAGR: 18% 282 CAGR: 18% 2.9% 59 2.4% 2.4% 2.6% 7.7% 8.1% 7.7% 7.8% 1,266 1,491 3
Slide 21: Key strengths & strategies for growth
Key strengths & strategies for growth
Slide 22: Key strengths
Key strengths Diversified product portfolio Market leadership Wide range of wheels and components for CVs, Backed by a broad product portfolio and PVs, tractors, construction equipment & windmills differentiated lightweight wheel technology Strong export-led diversification Scale & manufacturing exc
Slide 23: Key strategies for growth
Key strategies for growth Focus to strengthen leadership, accelerate global growth and drive long-term profitable growth 1 2 3 4 Product innovation Continue to invest in Achieve sustained Improve profitability and revenue-mix capacity and export growth and expand with cost shift capabilities interna
Slide 24: Thank You
Thank You
Wheels India — Investor Presentation (September 2026) on 6ix