Slide 1: Wheels India Limited Investor Presentation Q1 FY27
Wheels India Limited Investor Presentation Q1 FY27 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 ~8,900 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 CII National Award for Energy Efficient 2025 - Most Innovative Project & Energy Efficient Unit 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) Komatsu Caterpillar John Deere Best Performance in Supplier Supplier of the Quality for Dump Truck Excellence (2025) year (2025) (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 Q1 2026-27 2021-22 2022-23 2023-24 2024-25 2025-26 Sales 1386.07 Export 379.74 (27.40%) Export sales 1341.94 1215.91 1119.16 1000.65 976.20 27.04% 22.41% 26.32% 25.29% 26.19% 2021-22 2022-23 2023-24
Slide 15: Q1 FY27 Summary Financials (standalone)
Q1 FY27 Summary Financials(standalone) Values in INR Cr / % Quarter ended Year ended Key Financials GOLY% Q1 FY 27 Q1 FY 26 31-03-2026 Gross revenues 1,386.07 1,187.04 5,124.40 16.8% EBITDA 107.91 89.16 403.74 21.0% Interest 26.84 28.76 111.82 -6.7% Depreciation 30.76 24.57 106.51 25.2% PBT 50.31 35
Slide 16: Consolidated Summary Financials
Consolidated Summary Financials Values in INR Cr / % Quarter ended Year ended Key Financials GOLY% Q1 FY 27 Q1 FY 26 31.03.2026 Gross revenues 1,492.79 1,268.61 5,487.46 17.7% EBITDA 116.26 98.15 444.14 18.5% Interest 28.57 30.73 119.76 -7.0% Depreciation 32.91 26.46 115.28 24.4% PBT 54.78 40.96 209
Slide 17: Segment details Q1FY27 Consolidated
Segment details Q1FY27 Consolidated Values in INR Cr / % Segmental Revenue Q1 FY 27 Q1 FY 26 GOLY % Automotive components 1,254 1,077 16% Industrial components 237 188 26% Revenue from operations 1,491 1,266 18% Segmental EBIT Q1 FY 27 Q1 FY 26 GOLY % Automotive components 75.59 69.51 9% Industrial
Slide 18: 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 FY27 Capex of FY27 is estimated to be in the region of Rs 400 to Rs 450 crs 18
Slide 19: Key metrics (standalone)
Key metrics (standalone) Values in INR Cr / % DEBT Debt Equity 1.26 1.08 755.20 0.93 0.84 708.52 704.10 696.87 0.72 674.88 2022-23 2023-24 2024-25 2025-26 2026-27 Q1 2021-22 2022-23 2023-24 2024-25 2025-26 Debt is maintained at Q1 FY27 levels. Debt equity is dropped in Q1 FY27. 111.27 Debt to EBITDA
Slide 20: Key metrics (consolidated)
Key metrics (consolidated) Values in INR Cr / % Particulars 30.06.2026 30.06.2025 31.03.2026 Debt (Rs. In Crs.) 710 753 690 Debt Equity (Times) 0.68 0.82 0.68 Debt to EBITDA * (Times) 1.53 1.92 1.55 ROCE* 18.23% 16.57% 18.67% RONW* 14.89% 13.32% 15.65% * Annualised * If discounting limits are includ
Slide 21: Key strategies & focus areas, going forward
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 22: Thank you
Thank you 22
Slide 23: Segment details Q1 FY27 Standalone
Segment details Q1 FY27 Standalone Values in INR Cr / % Segmental Revenue Q1 FY 26 Q1 FY 26 GOLY % Automotive components 1,143 995 15% Industrial components 237 188 26% Revenue from operations 1,380 1,183 17% Segmental EBIT Q1 FY 26 Q1 FY 26 GOLY % Automotive components 69.39 62.41 11% Industrial co