Wheels India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2026, inter alia, has recommended a final dividend of Rs.9.14 (91.4%) per equity ....
WHEELS · price
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On the reaction day the stock moved 10.3 pts more than Nifty Microcap 250 and 10.6 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Wheels India reported strong full-year FY2026 results with consolidated revenue growing 15% to Rs. 5,465 crore from Rs. 4,744 crore. Net profit attributable to owners surged 40% to Rs. 155 crore versus Rs. 111 crore in the prior year. EPS improved to Rs. 63.44 from Rs. 45.39. The Board recommended a final dividend of Rs. 9.14 per share (91.4% payout on Rs. 10 face value), totaling Rs. 22.33 crore, subject to shareholder approval at the July 1 AGM. The company operates in Automotive Components (82% of revenue) and Industrial Components segments. Auditors issued an unmodified opinion confirming clean accounts.
The 40% PAT growth and healthy dividend payout signal strong operational performance, which should be positive for shareholder returns and investor sentiment.