Wheels India

Wheels India Interest Coverage

The Interest Coverage Ratio of Wheels India (WHEELS.NS) as of Oct 31, 2026 is 8.33. In the previous year, Interest Coverage Ratio was 7.08 — a change of 17.60% (higher).

Interest Coverage

8.33

YoY

17.60%

Last updated:

Interest Coverage Ratio of Wheels India is 2025 8.33 . Interest Coverage Ratio of Wheels India was 2024 7.08 . It decreases by 17.60% higher compared to the previous year.

The Wheels India Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
3.81 INR
Jan 1, 2019
2.78 INR
Jan 1, 2020
1.62 INR
Jan 1, 2021
1.07 INR
Jan 1, 2022
3.93 INR
Jan 1, 2023
2.17 INR
Jan 1, 2024
7.08 INR
Jan 1, 2025
8.33 INR
The Wheels India Interest Coverage history
YEARInterest CoverageYoY
8.33+17.60%
7.08+226.74%
2.17-44.89%
3.93+269.21%
1.07-34.05%
1.62-41.95%
2.78-26.92%
3.81+10.21%
3.46+79.88%
1.92+24.13%
1.55+0.01%
1.55—

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Wheels India Stock analysis

What does Wheels India do? Wheels India Ltd. designs and manufactures road wheels and related components through its Automotive Components and Industrial Components segments. The company offers a wide range of products including wheels for passenger and light cargo vehicles, trucks, trailers, buses, agricultural and farm equipment, off-road vehicles, and defense vehicles. Additionally, the firm provides vehicle chassis and suspension products such as the FTS 2 ton series, FTS 3 ton series, FLS 4 ton series, and FTS 6 ton series. The Industrial Components segment supplies components and structures for windmills, railways, and thermal power plants, including hydraulic cylinders and custom-fabricated assemblies. The company serves customers in the automotive and industrial sectors by delivering precision components and fabricated products. Its offerings for wind energy include products for wind turbines, while its railway and thermal power plant solutions encompass specialized structural components. Wheels India Ltd. supports these diverse market needs through its facilities in Chennai, Tamil Nadu, where R&D engineers develop groundbreaking designs. These innovations are validated and tested using company labs to ensure the quality of vehicle chassis, suspension systems, and other critical mechanical parts. Wheels India is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Wheels India stock

Interest Coverage Ratio of Wheels India is 8.33 in 2025.

Interest Coverage Ratio of Wheels India changed from 7.08 to 8.33, representing a 17.60% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Wheels India since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Wheels India with sector peers and the industry average to assess whether it is attractive.

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Leverage — Wheels India

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