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

₹ 210 -2.26%
13 Dec - 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

Leader in automotive wheel rims
It is a leader in Designing, Manufacturing & Supplying automotive wheel rims both under the steel & alloy category. [1]

Website BSE NSE
  • Market Cap ₹ 3,305 Cr.
  • Current Price ₹ 210
  • High / Low ₹ 290 / 189
  • Stock P/E 14.9
  • Book Value ₹ 97.5
  • Dividend Yield 0.48 %
  • ROCE 17.4 %
  • ROE 20.2 %
  • Face Value ₹ 1.00
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Pros

Cons

  • Earnings include an other income of Rs.482 Cr.

* 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

Part of BSE Consumer Discretionary Nifty Microcap 250 BSE Allcap Nifty Total Market BSE SmallCap

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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 TTM
3,560 4,041 4,357 4,299
3,107 3,598 3,894 3,841
Operating Profit 453 443 464 459
OPM % 13% 11% 11% 11%
13 12 487 482
Interest 85 84 103 115
Depreciation 77 80 104 115
Profit before tax 304 291 743 710
Tax % 32% 33% 9%
205 194 675 662
EPS in Rs 13.16 12.38 42.99 42.18
Dividend Payout % 6% 8% 2%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 4%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 16%
Stock Price CAGR
10 Years: 20%
5 Years: 22%
3 Years: 6%
1 Year: -22%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 16 16 16 16
Reserves 936 1,119 1,427 1,515
778 639 1,048 927
972 1,008 813 846
Total Liabilities 2,702 2,781 3,304 3,303
1,360 1,349 1,628 1,569
CWIP 97 163 363 473
Investments 0 4 4 4
1,245 1,265 1,310 1,258
Total Assets 2,702 2,781 3,304 3,303

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 40 32 37
Inventory Days 108 101 90
Days Payable 110 95 77
Cash Conversion Cycle 38 37 49
Working Capital Days 46 36 42
ROCE % 21% 17%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
62.77% 62.77% 62.60% 62.60% 62.60% 62.68% 62.68% 62.27% 61.91% 60.98% 60.98% 60.98%
0.12% 0.14% 0.07% 0.14% 5.63% 5.63% 5.63% 6.05% 6.07% 5.94% 6.35% 6.56%
0.39% 0.44% 0.44% 0.41% 0.63% 0.83% 1.23% 2.12% 2.68% 4.12% 4.03% 4.79%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.13% 0.13% 0.15% 0.16% 0.00%
36.72% 36.65% 36.89% 36.86% 31.14% 30.86% 30.45% 29.44% 29.18% 28.82% 28.50% 27.69%
No. of Shareholders 26,37426,59027,93330,03633,45134,36937,45841,78542,92751,04461,21068,050

* 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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