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 ₹ 8.70 Cr.
- Current Price ₹ 26.3
- High / Low ₹ 44.3 / 24.8
- 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 0.66 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 | 7.82 | |
| 7.96 | 8.68 | 10.12 | 8.49 | 10.20 | 14.11 | 18.83 | 12.47 | 14.75 | 16.79 | 9.90 | 11.42 | 8.38 | |
| 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 | -0.56 |
| 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% | -7.16% |
| 0.43 | 0.24 | 0.28 | 0.39 | 0.20 | 0.07 | 0.03 | 0.03 | 0.09 | 0.07 | 0.14 | 0.17 | 0.18 | |
| 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 | 0.35 |
| 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 | -0.73 |
| 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 | -0.73 | |
| 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 | -2.20 |
| 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: | -28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -3550% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 5% |
| 3 Years: | 0% |
| 1 Year: | -34% |
| 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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper Publication for Extract of Unaudited Financial Results for the Quarter and Half year ended September 30, 2025 pursuant to regulation 47 of SEBI(Lodr)Regulations, 2015.
-
Board Meeting Outcome for Outcome Of Board Meeting Dated 13.11.2025
13 Nov - Board approved unaudited Q2/H1 results ended Sep 30,2025; revenue Rs1,148.92 lakh; H1 loss after tax Rs48.57 lakh.
-
The Unaudited Financial Result Of The Company For The Quarter & Half Year Ended September 30, 2025
13 Nov - Board approved unaudited Q2/H1 results ended Sep 30,2025; H1 loss ₹48.57 lakh.
-
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended On September 30, 2025
5 Nov - Board meeting on 13 Nov 2025 to approve unaudited Q2/H1 results for Sept 30, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Certificate Under Regulation 74(5) of SEBI(Depositories and Participants) Regulation, 2018.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2011
from bse
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