Integrated Filing — IndAS

General information about company
Scrip Code	590073
NSE Symbol	WHEELS
MSEI Symbol	NOTLISTED
ISIN	INE715A01015
Name of company	Wheels India Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	20-May-2025   11:30:00
End date and time of board meeting	20-May-2025   13:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-03-31
Indicate Company website link for updated RPT policy of the Company	wheelsindia.com/policies/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not applicable

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	11922700000	44153300000
	Other income	25500000	95300000
	Total income	11948200000	44248600000
2	Expenses
(a)	Cost of materials consumed	8067600000	30373000000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	95100000	499300000
(d)	Employee benefit expense	1276300000	4747900000
(e)	Finance costs	282900000	1098700000
(f)	Depreciation, depletion and amortisation expense	227200000	855400000
(f)	Other Expenses
1	Other Expenses	1514900000	5265300000
	Total other expenses	1514900000	5265300000
	Total expenses	11464000000	42839600000
3	Total profit before exceptional items and tax	484200000	1409000000
4	Exceptional items	0	0
5	Total profit before tax	484200000	1409000000
6	Tax expense
7	Current tax	101100000	285100000
8	Deferred tax	23200000	65400000
9	Total tax expenses	124300000	350500000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	359900000	1058500000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	359900000	1058500000
17	Other comprehensive income net of taxes	3500000	5800000
18	Total Comprehensive Income for the period	363400000	1064300000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	244300000	244300000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		8470200000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	14.73	43.32
	Diluted earnings (loss) per share from continuing operations	14.73	43.32
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	14.73	43.32
	Diluted earnings (loss) per share from continuing and discontinued operations	14.73	43.32
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes: n n1. The above Standalone / Consolidated financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with relevant rules thereunder. n2.The above results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on May 20, 2025. n3.The Company operates in the following reportable segments: na) Automotive Components and nb) Industrial Components n4.The segment information is provided to and reviewed by Chief Operating Decision Maker CODM. The reportable segment information for the corresponding previous periods have been modified to make them comparable. n5.The Company publishes standalone financial results along with the consolidated financial results. In accordance with the Ind AS 108 operating Segments the Company has disclosed the segment information in the consolidated financial results for the quarter and year ended March 31, 2025. n6.Previous period’s figures have been regrouped / reclassified wherever necessary to conform to this period’s classifications. n7.The Board of Directors have recommended a final dividend of Rs.7.03 per equity share of Rs.10/- each for the financial year 2024-25 amounting to Rs.17.18 Crores. n8.Figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and published year to date figures upto the third quarter of the respective financial year. n n n n n n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	11390300000
	Capital work-in-progress	464600000
	Investment property	0
	Goodwill	318000000
	Other intangible assets	32400000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	238900000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	292100000
	Total non-current financial assets	531000000
	Deferred tax assets (net)	0
	Other non-current assets	197900000
	Total non-current assets	12934200000
2	Current assets
	Inventories	7424300000
	Current financial asset
	Current investments	0
	Trade receivables, current	8004400000
	Cash and cash equivalents	33900000
	Bank balance other than cash and cash equivalents	4500000
	Loans, current	0
	Other current financial assets	97800000
	Total current financial assets	8140600000
	Current tax assets (net)	0
	Other current assets	1577600000
	Total current assets	17142500000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	30076700000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	244300000
	Other equity	8470200000
	Total equity attributable to owners of parent	8714500000
	Non controlling interest
	Total equity	8714500000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	2881900000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	45800000
	Total non-current financial liabilities	2927700000
	Provisions, non-current	74200000
	Deferred tax liabilities (net)	749000000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	3750900000
	Current liabilities
	Current financial liabilities
	Borrowings, current	4159100000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	594100000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	10584200000
	Total Trade payable	11178300000
	Other current financial liabilities	491300000
	Total current financial liabilities	15828700000
	Other current liabilities	1389500000
	Provisions, current	369300000
	Current tax liabilities (Net)	23800000
	Deferred government grants, Current	0
	Total current liabilities	17611300000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	21362200000
	Total equity and liabilites	30076700000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Automotive	0	0
2	Industrial	0	0
	Total Segment Revenue	0	0
	Less: Inter segment revenue	0	0
	Revenue from operations	0	0
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Automotive	0	0
2	Industrial	0	0
	Total Profit before tax	0	0
	i. Finance cost	0	0
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	0	0
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Automotive	0	0
2	Industrial	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	Automotive	0	0
2	Industrial	0	0
	Total Segment Liabilities	0	0
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	0	0
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit and loss	4600000	7700000
	Total Amount of items that will not be reclassified to profit and loss	4600000	7700000
2	Income tax relating to items that will not be reclassified to profit or loss	1100000	1900000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	3500000	5800000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1409000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1098700000
	Adjustments for decrease (increase) in inventories			1031500000
	Adjustments for decrease (increase) in trade receivables, current			-807500000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-224300000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			601600000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			79200000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			855400000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			6300000
	Adjustments for dividend income			33900000
	Adjustments for interest income			26100000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-88400000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			2492500000
	Net cash flows from (used in) operations			3901500000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-102700000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			4004200000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			12300000
	Purchase of property, plant and equipment			2503400000
	Proceeds from sales of investment property			0
	Purchase of investment property			115500000
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			33900000
	Interest received			24000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-2548700000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			578100000
	Repayments of borrowings			621300000
	Payments of lease liabilities			109700000
	Dividends paid			289500000
	Interest paid			1014500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-1456900000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-1400000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-1400000
	Cash and cash equivalents cash flow statement at beginning of period			271700000
	Cash and cash equivalents cash flow statement at end of period			270300000