Wheels India Jumps 9% On Monday After Reporting Q4FY26 Results; PAT Rises 52%, Announces Rs 9.14 Dividend

Indian equity benchmark indices traded marginally higher on Monday, with the benchmark Nifty 50 index rising 0.07 per cent to 23,659.70 during the session. Positive sentiment across select auto ancillary stocks supported buying interest in the broader markets. In this segment, shares of Wheels India surged sharply after the company announced its Q4FY26 and FY26 consolidated financial results along with a Dividend recommendation. On Monday, Wheels India share price gained over 7.5 per cent to Rs 1,578.30.

Wheels India Q4FY26 Results

Wheels India reported consolidated revenue from operations of Rs 1,564.02 crore in Q4FY26 as against Rs 1,277.19 crore reported in Q4FY25, registering a growth of around 22 per cent YoY.

Total income stood at Rs 1,572.77 crore during the quarter compared to Rs 1,278.14 crore reported in the corresponding quarter previous year.

Profit before Tax came in at Rs 74.03 crore during Q4FY26 as against Rs 49.92 crore reported in Q4FY25, reflecting a growth of around 48 per cent YoY. 

Wheels India reported consolidated net profit attributable to owners of the company of Rs 58.09 crore in Q4FY26 as against Rs 38.25 crore reported in Q4FY25, registering a growth of around 52 per cent YoY.

Wheels India FY26 Performance

For the financial year ended March 31, 2026, Wheels India reported consolidated revenue from operations of Rs 5,464.94 crore as against Rs 4,744.40 crore reported in FY25, registering a growth of around 15 per cent YoY.

Total income stood at Rs 5,487.72 crore during FY26 compared to Rs 4,749.06 crore reported in the previous financial year.

The company reported profit before tax of Rs 200.56 crore during FY26 as against Rs 142.37 crore reported in FY25, reflecting a growth of around 41 per cent YoY. 

For the financial year ended March 31, 2026, Wheels India reported consolidated net profit attributable to owners of the company of Rs 155.01 crore as against Rs 110.90 crore reported in FY25, reflecting a growth of around 40 per cent YoY.

Dividend Announcement

The Board of Directors recommended a final dividend of Rs 9.14 per equity share of face value Rs 10 each for FY26, subject to shareholder approval at the upcoming Annual General Meeting.

The company fixed June 24, 2026 as the record date for payment of the final dividend.

Key Developments

Wheels India stated that the Board approved alteration of the Articles of Association to align with provisions of the Companies Act, 2013, subject to shareholder approval at the ensuing AGM.

The company’s 67th Annual General Meeting is scheduled to be held on July 1, 2026 through video conferencing and other audio-visual means.

About Wheels India

Wheels India is one of India’s leading manufacturers of steel wheels and automotive components catering to commercial vehicles, passenger vehicles, tractors and Construction equipment segments.

The company operates manufacturing facilities across India and exports products to multiple international markets while focusing on product diversification and operational efficiency.

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Disclaimer: This article is for informational purposes only and not investment advice.