The fluctuating climatic patterns of the world significantly affecting the grain yield output of wheat crop. Therefore it is direly needed for the development of climate resilient wheat varieties that can cope with the environmental hazards having yield sustainability for ensuring food security in the countries of developing world like Pakistan. The current study was designed to test fifty-six wheat genotypes including checks (Akbar-2019 and Barani-2017) under drought stress. The experiment was planted under rainfed conditions i.e. no irrigation was applied following alpha lattice design in duplicate at Wheat Research Institute, Faisalabad, Punjab, Pakistan during 2020-21. Various yield contributing traits were recorded under drought stress. The presence significant differences for all the traits indicated the existence of great variation among all the genotypes as evident from the analysis of variance (ANOVA). Pearson’s correlation studies showed significant positive correlation of yield (kg ha-1) with spike length (0.97**), flag leaf area (0.96**), normalized difference vegetation index (NDVI) at booting (0.86**) and grain filling stage (0.96**). Similarly, bi-plot analysis also revealed association of yield (kg ha-1) with spike length (cm), flag leaf area (cm2), NDVI at booting and NDVI at grain filling stage under drought stress condition. Estimation of canopy temperature at grain filling stage expressed negative relationship with yield (-0.10) under drought stress. Genotypes V-19274 (4625 kg ha-1) and V-19177 (4542 kg ha-1) were found best regarding yield and its contributing traits (spike length and flag leaf area) under drought stress. Cluster analysis separated the wheat genotypes into four groups. Among all clusters the group four expressed high magnitude of yield (5251 Kg ha-1). The genotypes in this cluster expressed high magnitudes of spike length (17.1 cm), flag leaf area (63.12 cm2), grain filling period (41 days), NDVI at booting (0.82) and NDVI at grain filling stage (0.73), while showed lower magnitude regarding plant height (96cm), days to 50% maturity (142), days to 50% heading (101) and canopy temperature at grain filling stage (22) as compared to other three clusters. The identified wheat genotypes can be further used in different wheat breeding programs for water deficient conditions in changing climate scenario of the region to develop drought tolerant wheat cultivars.