Shree Steel Wire Ropes Ltd
Incorporated in 1972, Shree Steel
Wire Ropes Ltd manufactures and
trades Steel Wire Ropes and allied
products[1]
- Market Cap ₹ 6.45 Cr.
- Current Price ₹ 19.5
- High / Low ₹ 38.4 / 17.0
- Stock P/E
- Book Value ₹ 38.8
- Dividend Yield 0.00 %
- ROCE -2.47 %
- ROE -1.87 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.50 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -12.1% over past five years.
- Promoter holding is low: 30.8%
- Company has a low return on equity of 0.95% over last 3 years.
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8.99 | 9.52 | 11.49 | 9.08 | 11.07 | 15.32 | 21.53 | 13.95 | 15.23 | 18.12 | 9.95 | 11.32 | 6.08 | |
| 7.96 | 8.68 | 10.12 | 8.49 | 10.20 | 14.11 | 18.83 | 12.47 | 14.75 | 16.79 | 9.90 | 11.42 | 6.81 | |
| Operating Profit | 1.03 | 0.84 | 1.37 | 0.59 | 0.87 | 1.21 | 2.70 | 1.48 | 0.48 | 1.33 | 0.05 | -0.10 | -0.73 |
| OPM % | 11.46% | 8.82% | 11.92% | 6.50% | 7.86% | 7.90% | 12.54% | 10.61% | 3.15% | 7.34% | 0.50% | -0.88% | -12.01% |
| 0.43 | 0.24 | 0.28 | 0.39 | 0.20 | 0.07 | 0.03 | 0.03 | 0.09 | 0.07 | 0.14 | 0.17 | 0.19 | |
| Interest | 0.01 | 0.00 | 0.01 | 0.01 | 0.02 | 0.17 | 0.01 | 0.01 | 0.01 | 0.01 | 0.05 | 0.00 | 0.00 |
| Depreciation | 0.16 | 0.12 | 0.11 | 0.11 | 0.14 | 0.16 | 0.19 | 0.26 | 0.30 | 0.32 | 0.33 | 0.40 | 0.32 |
| Profit before tax | 1.29 | 0.96 | 1.53 | 0.86 | 0.91 | 0.95 | 2.53 | 1.24 | 0.26 | 1.07 | -0.19 | -0.33 | -0.86 |
| Tax % | 22.48% | 31.25% | 34.64% | 38.37% | 24.18% | 51.58% | 23.72% | 29.03% | -3.85% | 26.17% | -21.05% | -24.24% | |
| 1.00 | 0.67 | 0.99 | 0.53 | 0.69 | 0.46 | 1.93 | 0.87 | 0.27 | 0.78 | -0.15 | -0.25 | -0.87 | |
| EPS in Rs | 3.02 | 2.02 | 2.99 | 1.60 | 2.08 | 1.39 | 5.83 | 2.63 | 0.82 | 2.36 | -0.45 | -0.75 | -2.62 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -12% |
| 3 Years: | -9% |
| TTM: | -48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -8600% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | -2% |
| 3 Years: | -12% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 2% |
| 3 Years: | 1% |
| Last Year: | -2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 |
| Reserves | 3.50 | 4.17 | 5.16 | 5.69 | 6.38 | 6.81 | 8.42 | 9.41 | 9.70 | 10.22 | 10.14 | 9.99 | 9.56 |
| 0.04 | 0.00 | 0.06 | 0.03 | 0.20 | 0.12 | 0.03 | 0.07 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 1.48 | 1.65 | 1.89 | 2.11 | 2.36 | 3.52 | 2.60 | 2.14 | 2.78 | 2.37 | 1.70 | 1.40 | 0.99 | |
| Total Liabilities | 8.32 | 9.12 | 10.41 | 11.13 | 12.24 | 13.75 | 14.35 | 14.92 | 15.80 | 15.89 | 15.14 | 14.69 | 13.85 |
| 1.47 | 1.42 | 1.44 | 2.60 | 3.96 | 4.12 | 4.02 | 4.23 | 4.33 | 4.21 | 4.22 | 4.69 | 4.53 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| 6.85 | 7.70 | 8.97 | 8.53 | 8.28 | 9.63 | 10.05 | 10.68 | 11.46 | 11.67 | 10.90 | 9.97 | 9.31 | |
| Total Assets | 8.32 | 9.12 | 10.41 | 11.13 | 12.24 | 13.75 | 14.35 | 14.92 | 15.80 | 15.89 | 15.14 | 14.69 | 13.85 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.02 | 0.64 | 0.40 | 0.63 | 0.70 | 0.72 | 0.26 | 0.49 | 0.35 | 1.94 | 0.56 | -0.17 | |
| -0.07 | -0.30 | -0.08 | -0.48 | -1.13 | -0.25 | -0.75 | 0.16 | -0.57 | -0.76 | -0.49 | -1.09 | |
| 0.00 | -0.04 | 0.06 | -0.03 | 0.15 | -0.11 | -0.03 | 0.04 | -0.05 | -0.01 | -0.22 | 0.00 | |
| Net Cash Flow | -0.09 | 0.30 | 0.38 | 0.12 | -0.28 | 0.36 | -0.53 | 0.69 | -0.27 | 1.16 | -0.15 | -1.26 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 92.16 | 56.74 | 71.48 | 103.31 | 52.43 | 59.09 | 63.07 | 96.81 | 75.01 | 42.91 | 50.62 | 49.33 |
| Inventory Days | 43.85 | 86.90 | 80.30 | 82.25 | 107.61 | 104.53 | 69.48 | 111.96 | 134.05 | 96.78 | 180.58 | 148.48 |
| Days Payable | 61.91 | 82.11 | 63.61 | 96.65 | 93.55 | 84.78 | 42.18 | 59.06 | 56.74 | 22.40 | 37.76 | 13.33 |
| Cash Conversion Cycle | 74.11 | 61.54 | 88.16 | 88.90 | 66.48 | 78.83 | 90.36 | 149.71 | 152.33 | 117.28 | 193.45 | 184.48 |
| Working Capital Days | 65.37 | 65.56 | 75.92 | 96.48 | 152.99 | 62.90 | 77.81 | 136.58 | 130.13 | 85.41 | 140.50 | 131.88 |
| ROCE % | 18.30% | 14.81% | 20.39% | 9.92% | 10.58% | 11.14% | 23.38% | 10.19% | 2.09% | 8.14% | -1.04% | -2.47% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Electricity Consumption per unit of production KWH/unit |
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| Number of Permanent Employees Number |
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| Revenue Contribution - Ancillary Products / Pulley Assembly % |
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| Revenue Contribution - Steel Wire Ropes % |
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| Total Electricity Purchased (Proxy for Production Volume) Lac KWH |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
2 Feb - Manoj C. Patade resigned as Company Secretary & Compliance Officer, effective COB February 2, 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
31 Jan - Newspaper Publication for Extract of Unaudited Financial Results for the quarter and nine months ended December 31, 2025-Pursuant to regulation 47 of SEBI(Lodr) Regulation, 2015.
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The Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025
30 Jan - Approved unaudited Q3/9M results ended 31-Dec-2025: Qtr loss ₹17.18 lakh, 9M loss ₹55.76 lakh; limited review.
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Board Meeting Outcome for Outcome Of Board Meeting Dated 30.01.2026
30 Jan - Board approved unaudited Q3 and 9M results to Dec 31, 2025; limited review attached; 9M PAT loss Rs55.76 lakh.
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Board Meeting Intimation for To Inter Alia, Consider And Approve The Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025
12 Jan - Board meeting on 16 Jan 2026 to approve unaudited Q3 and nine-month results ended 31 Dec 2025; trading window closed.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2]
SSWRL is in the businesses of manufacturing of:
a) Steel
b) Stainless Steel Ropes
c) Railway Electrification Equipment
d) OHE Fitting for Transmission lines
e) Strands
f) Slings
g) Three Pulley Type Regulating Equipment
h) Section Insulator Assembly
i) Allied products