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 ₹ 3,878 Cr.
- Current Price ₹ 247
- High / Low ₹ 253 / 167
- Stock P/E 19.9
- Book Value ₹ 104
- Dividend Yield 0.41 %
- ROCE 15.2 %
- ROE 12.7 %
- Face Value ₹ 1.00
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
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 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
3,560 | 4,041 | 4,357 | 4,429 | |
3,107 | 3,598 | 3,894 | 3,945 | |
Operating Profit | 453 | 443 | 464 | 484 |
OPM % | 13% | 11% | 11% | 11% |
13 | 12 | 487 | 3 | |
Interest | 85 | 84 | 103 | 117 |
Depreciation | 77 | 80 | 104 | 111 |
Profit before tax | 304 | 291 | 743 | 259 |
Tax % | 32% | 33% | 9% | 25% |
205 | 194 | 675 | 195 | |
EPS in Rs | 13.16 | 12.38 | 42.99 | 12.44 |
Dividend Payout % | 6% | 8% | 2% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -2% |
TTM: | -25% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 50% |
3 Years: | 17% |
1 Year: | 10% |
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 | 813 | 946 | |
Total Liabilities | 2,702 | 2,781 | 3,304 | 3,399 |
1,360 | 1,349 | 1,628 | 1,782 | |
CWIP | 97 | 163 | 363 | 288 |
Investments | 0 | 4 | 4 | 10 |
1,245 | 1,265 | 1,310 | 1,318 | |
Total Assets | 2,702 | 2,781 | 3,304 | 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 | 46 | 36 | 42 | 37 |
ROCE % | 21% | 17% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
17h - Transcripts of Q4 FY25 Result Conference Call held on 16.05.2025 attached herewith.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16 May - Audio recording of Q4 FY25 results conference call available on company website.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 May - Newspaper publication for the results of the company for the quarter and financial year ended 31.03.2025 enclosed.
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Announcement under Regulation 30 (LODR)-Investor Presentation
16 May - Presentation to be made to the Analyst/Investor Conference Call scheduled to be held on 16.05.2025.
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Disclosure Under Regulation 30(5) Of The SEBI (LODR) Regulations, 2015 {SEBI(LODR) Regulations, 2015}
15 May - Correction of CFO name in SEBI disclosure; updated authorized persons list provided.
Annual reports
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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
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Concalls
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May 2025Transcript PPT
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Jan 2025Transcript PPT
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Nov 2024Transcript PPT
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Jul 2024Transcript PPT
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May 2024Transcript PPT
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Jan 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Jul 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Oct 2022TranscriptPPT
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Jul 2022TranscriptPPT
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May 2022TranscriptPPT
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Mar 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Jan 2022TranscriptNotesPPT
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Sep 2016TranscriptNotesPPT
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Sep 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Mar 2016TranscriptNotesPPT
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]