Steel Strips Wheels Ltd
**Company Overview **
Steel Strips Wheels Ltd was incorporated in 1985 and started its operations in 1991. It designs, manufactures, and supplies Steel Wheel Rims and Alloy Wheels for a wide range of domestic and global automobile makers. It is Headquarter in Chandigarh. [1]
- Market Cap ₹ 3,398 Cr.
- Current Price ₹ 216
- High / Low ₹ 299 / 146
- Stock P/E 16.5
- Book Value ₹ 77.9
- Dividend Yield 0.46 %
- ROCE 21.4 %
- ROE 18.6 %
- Face Value ₹ 1.00
Pros
Cons
- Promoter holding has decreased over last quarter: -0.94%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|
3,560 | 4,041 | 4,293 | |
3,107 | 3,598 | 3,831 | |
Operating Profit | 453 | 443 | 462 |
OPM % | 13% | 11% | 11% |
13 | 12 | 16 | |
Interest | 85 | 84 | 97 |
Depreciation | 77 | 80 | 87 |
Profit before tax | 304 | 291 | 293 |
Tax % | 32% | 33% | |
205 | 194 | 206 | |
EPS in Rs | 13.16 | 12.38 | 13.18 |
Dividend Payout % | 6% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -5% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 21% |
3 Years: | 42% |
1 Year: | 43% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|
Equity Capital | 16 | 16 | 16 |
Reserves | 936 | 1,119 | 1,207 |
778 | 638 | 836 | |
972 | 1,008 | 940 | |
Total Liabilities | 2,702 | 2,781 | 2,999 |
1,360 | 1,349 | 1,303 | |
CWIP | 97 | 163 | 353 |
Investments | 0 | 4 | 4 |
1,245 | 1,265 | 1,339 | |
Total Assets | 2,702 | 2,781 | 2,999 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | |
---|---|---|
406 | 348 | |
-154 | -128 | |
-248 | -234 | |
Net Cash Flow | 5 | -14 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | |
---|---|---|
Debtor Days | 40 | 32 |
Inventory Days | 108 | 101 |
Days Payable | 110 | 95 |
Cash Conversion Cycle | 38 | 37 |
Working Capital Days | 46 | 36 |
ROCE % | 21% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 4 May
- SSWL Nett. Monthly Sales Grew By 7% YOY In April -24; Monthly Passenger Segment Sales (Up By 12% YOY); Monthly CV Sales (Up By 10% YOY) 2 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr
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Inks Alloy Wheel Supply Agreement With Leading PV OEM
16 Apr - SSWL has successfully secured a maiden entry as a supplier of aluminum wheels to one of the top passenger car manufacturers in India. Detailed as …
Annual reports
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Concalls
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Jan 2024Transcript PPT REC
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Mar 2016TranscriptNotesPPT
Leader in automotive wheel rims
It is a leader in Designing, Manufacturing & Supplying automotive wheel rims – both under the steel & alloy category. [1]