Wheels India Ltd
NSE:WHEELS
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
W
|
Wheels India Ltd
NSE:WHEELS
|
21.5B INR |
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|
|
| JP |
|
Sumitomo Electric Industries Ltd
TSE:5802
|
6.7T JPY |
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|
|
| JP |
|
Denso Corp
TSE:6902
|
6T JPY |
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|
|
| KR |
|
Hyundai Mobis Co Ltd
KRX:012330
|
38.7T KRW |
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|
|
| CN |
|
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
156.5B CNY |
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|
|
| CA |
|
Magna International Inc
TSX:MG
|
26.7B CAD |
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|
|
| IE |
|
Aptiv PLC
NYSE:APTV
|
18.5B USD |
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|
|
| CN |
|
Ningbo Tuopu Group Co Ltd
SSE:601689
|
126.5B CNY |
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|
|
| DE |
|
Continental AG
XETRA:CON
|
14.8B EUR |
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|
|
| IN |
|
Samvardhana Motherson International Ltd
NSE:MOTHERSON
|
1.4T INR |
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|
|
| US |
|
Borgwarner Inc
NYSE:BWA
|
13.5B USD |
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|
Market Distribution
| Min | -3 052.3% |
| 30th Percentile | 26.9% |
| Median | 39% |
| 70th Percentile | 53.3% |
| Max | 8 269.1% |
Other Profitability Ratios
Wheels India Ltd
Glance View
Wheels India Ltd. designs and manufactures road wheels. The company is headquartered in Chennai, Tamil Nadu. The firm is primarily engaged in the business of manufacture and distribution of passenger car steel wheels. The company operates through two segments: Automotive Components and Industrial Components. The Industrial Components segment includes components and structures for windmills, railways and thermal power plants. The firm's products include wheels, air suspension division, energy equipment part division, heavy engineering division and fab division. Its range of wheels includes heavy vehicle wheel, light vehicle wheel, agricultural application wheel, off-road construction wheel, wire wheel and forged aluminum wheel. The firm offers TVS WILGO brand. The company also manufactures air suspension kits for trucks and buses. The Company’s manufacturing units are located in Pantnagar, Wardha, Maraimalai Nagar, Padi, Rampur, Bawal, Nashik, Pune and Sriperumbudur. The Company’s subsidiary is WIL Car Wheels Limited.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Wheels India Ltd is 31.2%, which is above its 3-year median of 27.9%.
Over the last 3 years, Wheels India Ltd’s Gross Margin has increased from 25.9% to 31.2%. During this period, it reached a low of 23.2% on Mar 31, 2023 and a high of 31.4% on Sep 30, 2025.
