Wheels India (NSE:WHEELS) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:WHEELS Wheels India Ltd NSE:WHEELS
63 GF Score
Price ₹2,230.10
GF Value ₹970.41
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Wheels India Debt-to-Equity?

Wheels India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Wheels India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Wheels India's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Wheels India's Debt-to-Equity or its related term are showing as below:

NSE:WHEELS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61   Med: 0.9   Max: 1.19
Current: 0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Wheels India was 1.19. The lowest was 0.61. And the median was 0.90.

NSE:WHEELS's Debt-to-Equity is ranked worse than
66.58% of 1218 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs NSE:WHEELS: 0.74

Wheels India  (NSE:WHEELS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Wheels India Debt-to-Equity Related Terms

Wheels India Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wheels India's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wheels India Debt-to-Equity Chart

Wheels India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.04 0.93 0.80 0.74

Wheels India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.76 N/A 0.74 N/A

NSE:WHEELS vs ORLY, AZO, GPC: Debt-to-Equity Comparison

For the Auto Parts subindustry, Wheels India's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Wheels India Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wheels India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wheels India's Debt-to-Equity falls into.


NSE:WHEELS
63GF Score
Wheels India Ltd NSE:WHEELS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wheels India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wheels India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(4543.6 + 3137.6) / 10414.6
=0.74

Wheels India's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Wheels India (NSE:WHEELS) Overvalued in 2026?

Based on GuruFocus' analysis, Wheels India stock appears to be overvalued. The current stock price of ₹2,230.10 is trading 129.8% above its estimated GF Value™ of ₹970.41. GuruFocus considers Wheels India to be Significantly Overvalued.

Key valuation signals for NSE:WHEELS:

  • Debt-to-Equity: N/A
  • GF Value™: ₹970.41 vs. price of ₹2,230.10 (129.8% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the NSE:WHEELS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Wheels India Business Description

Other Exchanges 590073:India
Address M.T.H. Road, Padi, Chennai, TN, IND, 600 050
Wheels India Ltd is a manufacturer of automobile wheels. The firm is organized into the Automotive Components and Industrial Components segments. The automotive components segment is engaged in the manufacture of road wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors, and construction equipment; however, the group is also engaged in the manufacturing of suspension products for the vehicles. The industrial components segment includes components and structures for windmills, railways, and thermal power plants. It operates in the Indian and international markets, of which key revenue is derived from India. The majority of the company's revenue is generated from Automotive components.
63GF Score

Get the complete analysis for NSE:WHEELS

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,230.10
Price
₹970.41
GF Value