Wheels IndiaNSE:WHEELS -8.16%75 Pretax Margin % is 4.94% as of Mar. 2026, which is 69% above its 10-year median of 2.93. GuruFocus rates NSE:WHEELS with a GF Score™ of 75/100 and a GF Value™ of ₹904.20 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,324 Vehicles & Parts companies, Wheels India ranks worse than 54.15% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wheels India's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹773 Mil. Wheels India's Revenue for the
three
months ended in Mar. 2026 was ₹15,640 Mil. Therefore, Wheels India's pretax margin for the quarter that ended in Mar. 2026 was 4.94%.
The historical rank and industry rank for Wheels India's Pretax Margin % or its related term are showing as below:
NSE:WHEELS'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.04 Med: 2.93 Max: 4.49
Current: 3.83
NSE:WHEELS's Pretax Margin % is ranked worse than 54.15% of 1324
companies
in the Vehicles & Parts industry
Industry Median: 4.4
vs NSE:WHEELS: 3.83
Wheels India (NSE:WHEELS) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Wheels India Pretax Margin % Related Terms
Wheels India Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Wheels India's Pretax Margin % 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.
NSE:WHEELS vs ORLY, AZO: Pretax Margin % Comparison
For the Auto Parts subindustry, Wheels India's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Wheels India's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Wheels India's Pretax Margin % falls into.
* 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 (NSE:WHEELS) has a Pretax Margin % of 4.94% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wheels India and its competitors. This is 69% above median its historical median of 2.93. Over the past decade, Wheels India's Pretax Margin % has ranged from 0.04 to 4.49. According to the industry distribution chart, Wheels India ranks #717 out of 1324 companies in the Vehicles & Parts industry, placing it in the top 54.2%.
Is Wheels India's Pretax Margin % too high?
Wheels India's current Pretax Margin % of 4.94% is 69% above median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 4.49. The Vehicles & Parts industry median Pretax Margin % is 4.40. Wheels India's value of 4.94% is 12.3% above this industry median. Based on the distribution chart, Wheels India ranks #717 out of 1324 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Wheels India has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wheels India's Pretax Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wheels India ranks #717 out of 1324 companies for Pretax Margin %. This places Wheels India in the lower half of its industry. The industry median Pretax Margin % is 4.40. Wheels India's value of 4.94% is 12.3% above this benchmark. Historically, Wheels India's own Pretax Margin % has ranged from 0.04 to 4.49 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 4.40, Wheels India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.40, based on 1,324 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wheels India's current Pretax Margin % of 4.94% is 12.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wheels India and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheels India's current Pretax Margin % is 4.94%, which is 69% above median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheels India stock overvalued right now?
Based on GuruFocus' analysis, Wheels India (NSE:WHEELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹904.20, compared to a current price of ₹1,491.60 — trading 65% above its estimated fair value. The current Pretax Margin % is 4.94%, which is 69% above median its 10-year median of 2.93 and 12.3% above the Vehicles & Parts industry median of 4.40. Wheels India's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Wheels India (NSE:WHEELS), the current Pretax Margin % is 4.94% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wheels India (NSE:WHEELS) Overvalued in 2026?
Based on GuruFocus' analysis, Wheels India stock appears to be overvalued.
The current stock price of ₹1,491.60 is trading 65% above its estimated GF Value™ of ₹904.20.
GuruFocus considers Wheels India to be Significantly Overvalued.
Key valuation signals for NSE:WHEELS:
Pretax Margin %: 4.94% (69% above median its 10-year median of 2.93)
GF Value™: ₹904.20 vs. price of ₹1,491.60 (65% above fair value)
Industry Position: 12.3% above the Vehicles & Parts median (#717 of 1324)
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 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.
75GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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