TickerKhojComparison · NSE · data 2026-11-01
Lumax Industries Limited vs Wheels India Limited
In plain words
Size: Wheels India Limited is about 1.1 times the market value of Lumax Industries Limited.
Valuation (P/E): Wheels India Limited 30.5 vs Lumax Industries Limited 22.8.
Return on equity: Lumax Industries Limited 20.4% vs Wheels India Limited 15.8%.
Profit growth over 3 years: Wheels India Limited 41% a year vs Lumax Industries Limited 18.7% a year.
Debt to equity: Lumax Industries Limited 1.06 vs Wheels India Limited 0.74.
Differences in the numbers, not a recommendation of either stock.
Side by side
| LUMAXIND | WHEELS | |
|---|---|---|
| Price | ₹4,967.5 | ₹2,037.4 |
| Market cap | ₹4,642 cr | ₹4,968 cr |
| P/E | 22.8 | 30.5 |
| P/B | 4.8 | — |
| ROE | 20.4% | 15.8% |
| ROCE | 18.1% | 21.6% |
| Debt / equity | 1.06 | 0.74 |
| Operating margin | 6.0% | 5.4% |
| Dividend yield | 1.11% | 0.71% |
| Sales growth, 3 years (yearly) | 21.4% | 5.6% |
| Profit growth, 3 years (yearly) | 18.7% | 41.0% |
| 1-year return | -0.4% | 117.0% |
| Revenue, last 12 months | ₹4,818 cr | ₹5,690 cr |
| Net profit, last 12 months | ₹204 cr | ₹163 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹52 cr | ₹60 cr |
| Quarter profit vs a year earlier | +45.9% | +94.1% |
| Promoter holding | 75.00% | 56.86% |
| Health check | Strong (7.2/10) | Strong (7.2/10) |
Common questions
Which has a higher P/E, Lumax Industries Limited or Wheels India Limited?
Wheels India Limited trades at the higher P/E (30.5 against 22.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Lumax Industries Limited (20.4% against 15.8%).
Which carries more debt?
Lumax Industries Limited has the higher debt-to-equity ratio (1.06 against 0.74).