Wheels India (WHEELS) Q3 25/26 earnings summary

Executive summary

• Q3 FY26 gross revenue rose 21.7% YoY to ₹1,287.18 crore; EBITDA increased 22.3% and PAT rose 42.0% to ₹32.05 crore.

• Consolidated Q3 FY26 revenue from operations was ₹1,371.45 crore vs ₹1,124.86 crore; PBT was ₹48.53 crore vs ₹33.42 crore, and net profit was ₹36.89 crore vs ₹25.48 crore.

Financial highlights

• Standalone Q3 FY26 revenue was ₹1,280.33 crore vs ₹1,056.59 crore; net profit was ₹32.05 crore vs ₹22.57 crore.

• Consolidated 9M FY26 revenue was ₹3,900.92 crore vs ₹3,467.21 crore; net profit was ₹99.26 crore vs ₹73.65 crore.

• YTD Dec’25 gross revenue grew 13.1% to ₹3,653.06 crore; EBITDA rose 16.9% to ₹276.95 crore and PAT 23.5% to ₹86.26 crore.

• Q3 FY26 EBITDA was ₹97.68 crore, with a 7.59% margin vs 7.55% YoY; YTD EBITDA margin was 7.58% vs 7.33%.

Segment performance

• Consolidated Q3 FY26 Automotive Components revenue was ₹1,113.64 crore vs ₹916.53 crore; segment result was ₹71.47 crore vs ₹53.69 crore.

• Consolidated Q3 FY26 Industrial Components revenue was ₹257.81 crore vs ₹208.33 crore; segment result was ₹7.43 crore vs ₹10.67 crore.

• Standalone Q3 FY26 automotive components revenue grew 21% YoY to ₹1,023 crore and EBIT grew 33% to ₹63.50 crore; industrial revenue rose 24% to ₹258 crore while EBIT declined 30% to ₹7.43 crore.

• 9M FY26 segment revenue was ₹3,222.53 crore for Automotive Components and ₹678.39 crore for Industrial Components.