Wheels India Share Price Target 2026, 2027, 2030, 2040, 2050

Wheels India is a large Indian company that makes steel and aluminium wheels for cars, trucks, buses, tractors, and construction machines, and the TVS Group supports it. The company was started in 1960 and first made wheels for commercial vehicles in Chennai. Over the years, it grew and started making air suspension systems for trucks and buses, simple metal parts, hydraulic cylinders, and parts used in railways, construction, mining, and wind energy projects. It works with many industries such as automobiles, construction equipment, railways, and clean energy, and it sells its products in India and many other countries.

What is Wheels India Ltd NSE: WHEELS?

Wheels India was established in 1960 in Chennai, Tamil Nadu, and is owned by the TVS Group. It is an Indian company that makes wheels and simple auto parts for different vehicles like cars, trucks, buses, tractors, and big machines. The company makes steel wheels, alloy wheels, wire wheels, and also air suspension parts used in commercial vehicles. It supplies its products to many well-known vehicle companies in India and also sells them to other countries. The company is known for making strong and good-quality products and has an important place in the automobile parts industry.

Wheels India Share Price Target

Wheels India Share Price Target 2026

It is a well-known Indian company that makes parts for vehicles and machines. It is part of the trusted TVS Group, which is famous in India for good quality and reliability. It manufactures wheels and various other metal components used in cars, trucks, buses, tractors, construction equipment, and heavy machinery. The company does not make only one product; it makes many different engineering products. It has built a strong position in the market. In 2026, its share price target would be ₹1321, as per stock market analysts.

According to stock market analysts, its share price would be between ₹708 to ₹1321 in 2026.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	708	1321

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	783	985
February	800	1035
March	821	1057
April	850	1090
May	868	1127
June	884	1151
July	930	1175
August	953	1200
September	990	1233
October	1058	1274
November	1124	1300
December	1189	1321

Wheels India Share Price Target 2027

It’s one of its main products is Steel wheels. These wheels are mostly used in trucks, buses, tractors, trailers, and other heavy vehicles that need strong wheels. Steel wheels are known for their strength and long life, even on bad roads and under heavy loads. It makes steel wheels in many sizes to meet the needs of different vehicle companies. Each wheel is carefully checked for safety and quality. The company uses modern machines and good raw materials, so the wheels work well for a long time, even in tough conditions. In 2027, its share price target would be ₹1865, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1290 to ₹1865 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	1290	1865

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1290	1411
February	1321	1462
March	1345	1482
April	1367	1500
May	1380	1551
June	1400	1587
July	1421	1600
August	1432	1665
September	1450	1700
October	1490	1735
November	1557	1800
December	1631	1865

Share Price Target 2028

It also makes aluminium wheels and forged aluminium wheels. Aluminium wheels are lighter than steel wheels and help vehicles run smoothly and save fuel. Forged aluminium wheels are even stronger and lighter, so they are used in heavy-duty and high-quality vehicles. These wheels are commonly used in trucks, buses, defence vehicles, and off-road machines. It uses advanced methods to make these wheels safe and strong. In 2028, its share price target would be ₹2344, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1800 to ₹2344 in 2028.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	1800	2344

Share Price Target 2029

It is also a major maker of air suspension systems for trucks and buses. Air suspension systems make the ride more comfortable by reducing shocks from rough roads. They also help keep the vehicle balanced and stable, especially when carrying heavy loads. These systems protect goods during transport and reduce damage to the vehicle. It designs air suspension kits that meet today’s safety and transport needs. In 2029, its share price target would be ₹2728, as per stock market analysts.

According to stock market analysts, its share price would be between ₹2284 to ₹2728 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	2284	2728

Wheels India share price Target 2030

The company also makes chassis frames and suspension parts, which are very important for vehicles. The chassis is the main frame that supports the engine, body, and load. Suspension parts help keep the vehicle stable and comfortable while driving. It makes these parts strong and accurate so they can handle heavy loads and long use. These parts are mainly used in trucks, buses, trailers, and special vehicles. This work helps Wheels India become a complete engineering company, not only a wheel maker. In 2030, its share price target would be ₹3112, as per stock market analysts.

According to stock market analysts, its share price would be between ₹2687 to ₹3112 in 2030.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	2687	3112

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	2687	2800
February	2700	2831
March	2728	2857
April	2756	2887
May	2784	2910
June	2810	2934
July	2835	2965
August	2841	2987
September	2874	3000
October	2911	3023
November	2961	3057
December	2980	3112

Share Price Target 2040

It also makes hydraulic cylinders used in many heavy machines. Hydraulic cylinders help machines lift, push, pull, or move heavy loads using liquid pressure. These cylinders are used in construction machines, farm equipment, factories, and clean energy projects. The company focuses on making strong and safe cylinders that work smoothly for a long time. Each cylinder is tested carefully to make sure it works properly. This business helps Wheels India serve many industries outside the vehicle sector. In 2040, its share price target would be ₹5122, as per stock market analysts.

According to stock market analysts, its share price would be between ₹4739 to ₹5122 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	4739	5122

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	4739	4878
February	4756	4900
March	4784	4941
April	4800	4974
May	4821	4990
June	4850	5021
July	4875	5042
August	4890	5068
September	4900	5084
October	4921	5100
November	4956	5135
December	4990	5158

Share Price Target 2050

It also supplies important parts for the railway sector. These parts are used in railway wagons, coaches, and other rail systems. Railway parts must be very strong and safe because they carry heavy loads over long distances. It uses its experience in metalwork and quality checks to meet these strict needs. The company supports national infrastructure growth and works with government and public organisations, which adds stability to its business. In 2050, its share price target would be ₹7036, as per stock market analysts.

According to stock market analysts, its share price would be between ₹6628 to ₹7036 in 2050.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	6628	7036

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	6628	6758
February	6650	6784
March	6674	6800
April	6690	6832
May	6710	6868
June	6732	6964
July	6752	6990
August	6784	7021
September	6811	7054
October	6825	7078
November	6856	7121
December	6911	7184

Should I buy Wheels India stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	708	1321
2027	1290	1865
2028	1800	2344
2029	2284	2728
2030	2687	3112
2040	4739	5122
2050	6628	7036

The company has been making more profit in recent years and also pays dividends, which can be good for long-term investors. But the auto industry goes up and down, and profits can be affected by high material costs and competition. Experts say the stock is safer to hold for now rather than buy aggressively. If you plan to invest for a long time and can handle ups and downs, it could be an option, but always check your finances or speak to a financial advisor first.

Wheels India earnings results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	2,429	2,212	3,687	4,321	4,607	4,415	4,605
Expenses +	2,262	2,073	3,436	4,099	4,343	4,089	4,260
Operating Profit	166	139	250	223	264	327	345
OPM %	7%	6%	7%	5%	6%	7%	7%
Other Income +	10	4	14	24	12	10	14
Interest	62	53	63	96	108	110	113
Depreciation	70	81	95	68	79	86	94
Profit before tax	45	10	107	82	89	141	152
Tax %	-21%	31%	25%	24%	24%	25%
Net Profit +	54	7	80	62	68	106	113
EPS in Rs	22.49	2.80	33.16	25.96	27.78	43.32	46.16
Dividend Payout %	25%	36%	25%	27%	27%	27%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
17.32	2.31	1.31%	43.55	6.13	0.64%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
Wheels India Ltd	19.39	2.31	1.31%
Samvardhana Motherson International Ltd	33.53	3.43	0.47%
Bosch Ltd	57.02	8.32	1.31%
UNO Minda Ltd	80.83	12.47	0.17%

Is Wheels India stock good to buy? (bull case & bear case)

Bull Case:

• It kept a net profit margin of nearly 10 %, meaning it saves a healthy part of its revenue as profit.
• The company has cash of around ₹500 crore and very little debt, showing it is financially strong and stable.
• In FY 2025, Wheels India earned around ₹3,500 crore in revenue, showing it makes strong sales from wheels, suspension systems, and other vehicle parts.
• The company made a profit after tax of about ₹350 crore in FY 2025, showing it is earning good profits.
• Sales of wheels and other products increased because more trucks, buses, and off-road machines were needed.
• Experts expect the company’s revenue to grow at 8–10 % every year over the next few years because of more exports and higher demand for vehicles and construction.

Bear Case:

• Profit margins are under pressure because steel and aluminium costs rose by 10–12 %, which reduces earnings.
• The stock price has fallen about 15 % in the last six months, showing lower investor confidence.
• Revenue in FY 2025 was ₹3,500 crore, which is slightly less than FY 2024, showing some pressure on sales.
• Quarterly results in early FY 2026 showed profit dropped by 5–7 % compared to the same period last year.
• Economic slowdowns or lower vehicle sales could make revenue drop by 5–10 % in a weak year.

Conclusion

This company is a part of the TVS Group, which makes wheels, suspension systems, and other metal parts for vehicles, construction machines, railways, and clean energy projects. The company has grown over time, sells products in India and other countries, and is financially strong. It has good products and chances to grow, but higher material costs, competition, and slowdowns in the economy could affect profits. It may be a good choice for long-term investors who can handle ups and downs, but it is important to check your money situation and talk to a financial advisor before investing.

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