Steel Strips Wheels Ltd

Steel Str. Wheel Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Steel Strips Wheels Ltd

₹ 249 0.49%
18 Sep - close price
sswlindia.com BSE: 513262 NSE: SSWL
About

**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]

Key Points

Business Segments
The company is a leading manufacturer of automotive wheel rims for passenger vehicles, heavy commercial vehicles, tractors, OTRs, and 2W & 3W, under 2 categories: [1]

Website BSE NSE
  • Market Cap ₹ 3,921 Cr.
  • Current Price ₹ 249
  • High / Low ₹ 280 / 167
  • Stock P/E 19.4
  • Book Value ₹ 104
  • Dividend Yield 0.50 %
  • ROCE 15.2 %
  • ROE 12.7 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.

Cons

* 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

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
1,063 1,081 938 1,005 1,044 1,134 1,110 1,069 1,025 1,095 1,075 1,234 1,187
952 964 831 896 932 1,009 994 959 912 976 957 1,100 1,065
Operating Profit 111 117 108 108 113 124 117 110 113 119 118 134 122
OPM % 10% 11% 12% 11% 11% 11% 10% 10% 11% 11% 11% 11% 10%
5 4 2 7 4 3 2 478 1 1 0 1 1
Interest 19 21 22 23 24 26 25 28 31 30 26 29 29
Depreciation 19 20 20 20 22 22 22 37 29 28 27 28 32
Profit before tax 78 80 68 73 71 79 71 523 55 62 64 78 61
Tax % 38% 32% 35% 35% 33% 34% 16% 1% 25% 26% 26% 22% 23%
49 55 44 47 47 52 59 516 41 46 48 61 47
EPS in Rs 3.13 3.49 2.80 3.02 3.03 3.34 3.79 32.85 2.60 2.94 3.04 3.87 3.01
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
3,560 4,041 4,357 4,429 4,590
3,107 3,598 3,894 3,945 4,098
Operating Profit 453 443 464 484 493
OPM % 13% 11% 11% 11% 11%
13 12 487 3 3
Interest 85 84 103 117 115
Depreciation 77 80 104 111 115
Profit before tax 304 291 743 259 265
Tax % 32% 33% 9% 25%
205 194 675 195 202
EPS in Rs 13.16 12.38 42.99 12.44 12.86
Dividend Payout % 6% 8% 2% 10%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 8%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -2%
TTM: -11%
Stock Price CAGR
10 Years: 22%
5 Years: 41%
3 Years: 14%
1 Year: 18%
Return on Equity
10 Years: %
5 Years: %
3 Years: 17%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 16 16 16 16
Reserves 936 1,119 1,427 1,610
778 639 1,048 828
972 1,008 802 946
Total Liabilities 2,702 2,781 3,293 3,399
1,360 1,349 1,628 1,782
CWIP 97 163 363 288
Investments 0 4 4 10
1,245 1,265 1,298 1,318
Total Assets 2,702 2,781 3,293 3,399

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
406 348 193 517
-154 -128 -365 -196
-248 -234 171 -354
Net Cash Flow 5 -14 -1 -33

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 40 32 37 40
Inventory Days 108 101 90 95
Days Payable 110 95 77 96
Cash Conversion Cycle 38 37 49 39
Working Capital Days -6 -7 -14 -9
ROCE % 21% 17% 15%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
62.60% 62.60% 62.68% 62.68% 62.27% 61.91% 60.98% 60.98% 60.98% 60.98% 61.24% 61.15%
0.14% 5.63% 5.63% 5.63% 6.05% 6.07% 5.94% 6.35% 6.56% 6.84% 6.71% 7.91%
0.41% 0.63% 0.83% 1.23% 2.12% 2.68% 4.12% 4.03% 4.79% 4.86% 5.05% 5.27%
0.00% 0.00% 0.00% 0.00% 0.13% 0.13% 0.15% 0.16% 0.00% 0.00% 0.00% 0.00%
36.86% 31.14% 30.86% 30.45% 29.44% 29.18% 28.82% 28.50% 27.69% 27.34% 27.01% 25.67%
No. of Shareholders 30,03633,45134,36937,45841,78542,92751,04461,21068,05069,06869,33860,823

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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