Shree Steel Wire Ropes Ltd

Shree Steel Wire Ropes Ltd

₹ 32.4 20.00%
13 Jul - close price
About

Incorporated in 1972, Shree Steel
Wire Ropes Ltd manufactures and
trades Steel Wire Ropes and allied
products[1]

Key Points

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

  • Market Cap 10.7 Cr.
  • Current Price 32.4
  • High / Low 34.0 / 16.6
  • Stock P/E
  • Book Value 38.5
  • Dividend Yield 0.00 %
  • ROCE -3.92 %
  • ROE -4.76 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.84 times its book value
  • Promoter holding has increased by 69.2% over last quarter.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -19.0% over past five years.
  • Company has a low return on equity of -2.56% over last 3 years.
  • Working capital days have increased from 191 days to 299 days

* 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
2.27 2.36 2.04 3.29 2.55 2.92 2.84 3.01 1.09 0.88 1.10 1.80 2.43
2.14 2.51 2.01 3.26 2.47 2.86 2.79 3.29 1.14 1.16 1.22 1.82 2.18
Operating Profit 0.13 -0.15 0.03 0.03 0.08 0.06 0.05 -0.28 -0.05 -0.28 -0.12 -0.02 0.25
OPM % 5.73% -6.36% 1.47% 0.91% 3.14% 2.05% 1.76% -9.30% -4.59% -31.82% -10.91% -1.11% 10.29%
0.01 0.05 0.03 0.05 0.04 0.04 0.04 0.04 0.05 0.05 0.05 0.09 0.05
Interest 0.01 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.08 0.08 0.08 0.08 0.09 0.10 0.10 0.11 0.09 0.05 0.07 0.07 0.07
Profit before tax 0.05 -0.21 -0.02 0.00 0.03 0.00 -0.01 -0.35 -0.09 -0.28 -0.14 0.00 0.23
Tax % 60.00% 0.00% 100.00% -33.33% 100.00% -37.14% 111.11% 3.57% 21.43% 4.35%
0.01 -0.21 -0.04 0.02 0.03 -0.03 -0.03 -0.22 -0.19 -0.29 -0.17 0.04 0.23
EPS in Rs 0.03 -0.63 -0.12 0.06 0.09 -0.09 -0.09 -0.66 -0.57 -0.88 -0.51 0.12 0.69
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
9.52 11.49 9.08 11.07 15.32 21.53 13.95 15.23 18.12 9.95 11.32 4.88 6.21
8.68 10.12 8.49 10.20 14.11 18.83 12.47 14.75 16.79 9.90 11.42 5.34 6.38
Operating Profit 0.84 1.37 0.59 0.87 1.21 2.70 1.48 0.48 1.33 0.05 -0.10 -0.46 -0.17
OPM % 8.82% 11.92% 6.50% 7.86% 7.90% 12.54% 10.61% 3.15% 7.34% 0.50% -0.88% -9.43% -2.74%
0.24 0.28 0.39 0.20 0.07 0.03 0.03 0.09 0.07 0.14 0.17 0.24 0.24
Interest 0.00 0.01 0.01 0.02 0.17 0.01 0.01 0.01 0.01 0.05 0.00 0.00 0.00
Depreciation 0.12 0.11 0.11 0.14 0.16 0.19 0.26 0.30 0.32 0.33 0.40 0.29 0.26
Profit before tax 0.96 1.53 0.86 0.91 0.95 2.53 1.24 0.26 1.07 -0.19 -0.33 -0.51 -0.19
Tax % 31.25% 34.64% 38.37% 24.18% 51.58% 23.72% 29.03% -3.85% 26.17% -21.05% -24.24% 19.61%
0.67 0.99 0.53 0.69 0.46 1.93 0.87 0.27 0.78 -0.15 -0.25 -0.62 -0.19
EPS in Rs 2.02 2.99 1.60 2.08 1.39 5.83 2.63 0.82 2.36 -0.45 -0.75 -1.87 -0.58
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: -8%
5 Years: -19%
3 Years: -35%
TTM: -37%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 60%
Stock Price CAGR
10 Years: 8%
5 Years: 3%
3 Years: 1%
1 Year: 0%
Return on Equity
10 Years: 4%
5 Years: 0%
3 Years: -3%
Last Year: -5%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
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
Reserves 4.17 5.16 5.69 6.38 6.81 8.42 9.41 9.70 10.22 10.14 9.99 9.46
0.00 0.06 0.03 0.20 0.12 0.03 0.07 0.02 0.00 0.00 0.00 0.00
1.65 1.89 2.11 2.36 3.52 2.60 2.14 2.78 2.37 1.70 1.40 1.39
Total Liabilities 9.12 10.41 11.13 12.24 13.75 14.35 14.92 15.80 15.89 15.14 14.69 14.15
1.42 1.44 2.60 3.96 4.12 4.02 4.23 4.33 4.21 4.22 4.69 4.40
CWIP 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 0.01 0.01 0.01 0.01 0.01 0.01 0.02
7.70 8.97 8.53 8.28 9.63 10.05 10.68 11.46 11.67 10.90 9.97 9.73
Total Assets 9.12 10.41 11.13 12.24 13.75 14.35 14.92 15.80 15.89 15.14 14.69 14.15

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.64 0.40 0.63 0.70 0.72 0.26 0.49 0.35 1.94 0.56 -0.17 -0.39
-0.30 -0.08 -0.48 -1.13 -0.25 -0.75 0.16 -0.57 -0.76 -0.49 -1.09 0.20
-0.04 0.06 -0.03 0.15 -0.11 -0.03 0.04 -0.05 -0.01 -0.22 0.00 0.01
Net Cash Flow 0.30 0.38 0.12 -0.28 0.36 -0.53 0.69 -0.27 1.16 -0.15 -1.26 -0.18
Free Cash Flow 0.57 0.27 -0.64 0.38 0.40 -0.16 0.29 -0.05 1.74 0.20 -1.05 -0.37
CFO/OP 125% 61% 168% 117% 74% 31% 64% 106% 153% 1,340% 120% 83%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 56.74 71.48 103.31 52.43 59.09 63.07 96.81 75.01 42.91 50.62 49.33 58.34
Inventory Days 86.90 80.30 82.25 107.61 104.53 69.48 111.96 134.05 96.78 180.58 148.48 570.31
Days Payable 82.11 63.61 96.65 93.55 84.78 42.18 59.06 56.74 22.40 37.76 13.33 51.33
Cash Conversion Cycle 61.54 88.16 88.90 66.48 78.83 90.36 149.71 152.33 117.28 193.45 184.48 577.32
Working Capital Days 65.56 75.92 96.48 152.99 62.90 77.81 136.58 130.13 85.41 140.50 131.88 299.18
ROCE % 14.81% 20.39% 9.92% 10.58% 11.14% 23.38% 10.19% 2.09% 8.14% -1.04% -2.47% -3.92%

Insights

In beta
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Capital expenditure (Additions to PPE)
INR Lakhs

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Electricity consumption per unit of production
KWH per unit
Electricity purchased
Lac KWH
Gross Block of Property Plant and Equipment
INR Lakhs
Permanent employees on rolls
count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
29.91% 30.22% 30.71% 30.71% 30.76% 30.77% 30.77% 30.77% 30.77% 30.77% 30.85% 100.00%
70.09% 69.77% 69.28% 69.29% 69.23% 69.23% 69.23% 69.23% 69.23% 69.23% 69.15% 0.00%
No. of Shareholders 4,1524,3224,3974,4074,4194,5114,5154,5344,5644,5874,64310

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