Wheels India Limited · NSE:WHEELS
Wheels India — Q1 FY2026 Earnings Presentation
19 slides from Wheels India's earnings presentation, June 2025
Slide 1: Wheels India Limited Investor Presentation Q1FY26
Wheels India Limited Investor Presentation Q1FY26 111
Slide 2: TSF Group Overview
TSF Group Overview • Companies part of the T S Santhanam family with lineage from the erstwhile TVS Group ~$2.2 Bn. Consolidated • Diversified portfolio across Auto components, Turnover FY24 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 ~8,700 Workforce 11 Units Manufacturing plants Fab Sector Hydraulic Cylinders $ 520 Million $ 130 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 OFF-ROAD SUSPENSION COMPONENTS, THERVOY CHENNAI, PASSENGER EQUIPMENT WHEELS ALLUMINIUM CONSTRUCTION PRODUCTS IRUNGATTUKOTT KANDIGAI, TAMIL NADU CAR WHEELS WHEELS – - 1996 W
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 Pukkathurai - WTC Mambakkam - AS Thervoy Kandigai - CAW Legend CV Commercial Vehicles TR Tractor LP Light Passenger Vehicle EM Earth mover Wheels AS
Slide 9: Key Customers
Key Customers iG) ate) @ ¢ Kyhot @ TAFE CN hot, “eo =_ Assco Ofmies swaRal €* ®,., CAT nomtsy Gnd Hee] Aine JOHN DEERE nn GR SE Te CH > PSA +) PGLARIS GD HYunoAI siilier doll NISSAN TOYOTA =e Snoure Mahindra al i) DAIMLER Goon —Saa Ss SCHWARZMUWLLER ASHOK LEYLAND =a a 7D caer KOGEL THALES |) + 4 VeS
Slide 10: Accreditations/Awards
Accreditations/Awards Won the Supplier of the year ISO 14001: 2015 & Caterpillar Supplier ISO 45001:2018 Certification Excellence award at TAFE John Deere Supplier Mahindra Business of the year Partner of the year IATF 16949 Certification ISO 9001:2015 CERTIFICATION 10
Slide 11: Accreditations/Awards contd…
Accreditations/Awards contd… Partnership and Quality Award Award for Cybersecurity from ACMA Excellence award from Escorts Kubota Limited MSIL 2025 Quality Award from the Engineering Export ACMA Excellence Award in Digitalization, Promotion Council of India (EEPC) Manufacturing & ESG 11
Slide 12: 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
Slide 13: Sales growth & Export Sales Growth
Sales growth & Export Sales Growth Sales Values in INR Cr 4619.03 4355.56 4424.86 3701.07 Q1 2025-26 2215.94 Sales 1187.04 2020-21 2021-22 2022-23 2023-24 2024-25 Export 323.66 (27.27%) 1215.91 1119.16 1000.65 976.20 566.01 25.54% 27.04% 22.41% 26.32% 25.29% 2020-21 2021-22 2022-23 2023-24 2024-25 1
Slide 14: Q1 FY26 Summary Financials
Q1 FY26 Summary Financials Values in INR Cr / % Quarter ended Year ended Key Financials GOLY% Q1 FY 26 Q1 FY 25 31-03-2025 Gross revenues 1,187.04 1,088.20 4,424.86 9.1% EBITDA 89.16 79.48 336.31 12.2% Interest 28.76 25.98 109.87 10.7% Depreciation 24.57 20.57 85.54 19.4% PBT 35.83 32.93 140.90 8.8%
Slide 15: Segment Revenue – Q1 FY26
Segment Revenue – Q1 FY26 Values in INR Cr / % Segmental Revenue Q1 FY 26 Q1 FY 25 GOLY % Automotive components 995 891 12% Industrial components 188 191 -2% Revenue from operations 1,183 1,083 9% Segmental EBIT Q1 FY 26 Q1 FY 25 GOLY % Automotive components 62.41 60.17 4% Industrial components 2.18
Slide 16: Capex
Capex Values in INR Cr Capex 249.68 250.00 148.13 141.53 129.63 2021-22 2022-23 2023-24 2024-25 2025-26 Capex FY26 Capex of FY26 is mainly towards expanding capacity for windmill products , hydraulic cylinders and automotive aluminium & steel wheels, apart from certain routine capex and cost saving
Slide 17: Funding metrics
Funding metrics Values in INR Cr / % DEBT Debt Equity 1.26 1.08 811.06 0.93 0.84 0.84 755.20 726.79 708.52 704.10 2021-22 2022-23 2023-24 2024-25 2025-26 Q1 2021-22 2022-23 2023-24 2024-25 2025-26 Q1 During Q1FY26 debt has marginally Increased. Debt equity is maintained in Q1FY26. Debt to EBITDA 111
Slide 18: 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 Percentage Ramp-up the expanded facility for machining of large castings for windmills Grow the hydraulic cylinder business Ramp-up cast aluminium wheel busine
Slide 19: Thank you
Thank you 19