Steel Strips Wheels Ltd.
NSE: SSWL · Auto Components & Equipments · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 132 companies in Auto Components & Equipments (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹11 cr vs borrowings ₹826 cr (FY26): borrowings are higher by ₹814 cr.
- Operating profit covered interest 3.3x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 2% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹532.25 on 2026-10-26: 0.0% from the 52-week high, +214.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,095 | 1,075 | 1,234 | 1,187 | 1,201 | 1,321 | 1,475 | 1,510 |
| EBITDA | 119 | 118 | 134 | 122 | 111 | 127 | 150 | 163 |
| OPM % | 10.9% | 11.0% | 10.9% | 10.2% | 9.3% | 9.6% | 10.2% | 10.8% |
| Other income | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 |
| Net profit | 46 | 48 | 61 | 47 | 36 | 47 | 61 | 69 |
| EPS (₹) | 2.94 | 3.04 | 3.87 | 3.01 | 2.26 | 2.97 | 3.87 | 4.42 |
| Revenue YoY | +9.6% | +22.9% | +19.5% | +27.2% | ||||
| Profit YoY | -23.0% | -2.3% | +0.3% | +47.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,560 | 4,041 | 4,357 | 4,429 | 5,183 | 5,506 |
| EBITDA | 453 | 443 | 937 | 484 | 510 | 552 |
| Net profit | 205 | 194 | 675 | 195 | 190 | 212 |
| EPS (₹) | 65.81 | 12.39 | 43.07 | 12.44 | 12.11 | 13.52 |
| Revenue growth | +13.5% | +7.8% | +1.7% | +17.0% | +19.9% | |
| Profit growth | -5.7% | +248.2% | -71.1% | -2.6% | +5.3% | |
| Dividend / share (₹) | 2.00 | 3.75 | 1.00 | 1.00 | 1.25 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +8.7% | +24.3% | +19.9% |
| Net profit | -0.6% | +31.0% | +5.3% |
| EPS | -0.8% | -17.4% | – |
| Share price | – | +35.7% (2y) | +73.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,135 | 1,442 | 1,626 | 1,805 |
| Borrowings | – | 638 | 1,048 | 828 | 826 |
| Cash & equivalents | – | 44 | 43 | 10 | 11 |
| Total assets | – | 2,781 | 3,304 | 3,399 | 3,831 |
| Fixed assets | – | 1,347 | 1,626 | 1,781 | 1,967 |
| Capital work in progress | – | 163 | 363 | 288 | 154 |
| Investments | – | 4 | 4 | 10 | 10 |
| Receivables | – | 349 | 440 | 486 | 609 |
| Inventory | – | 734 | 697 | 743 | 952 |
| Payables | – | 695 | 600 | 753 | 1,002 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 406 | 348 | 193 | 517 | 332 |
| Cash from investing | -154 | -128 | -365 | -196 | -186 |
| Cash from financing | -248 | -234 | 171 | -354 | -144 |
| Capex | 169 | 137 | 383 | 212 | 193 |
| Free cash flow | 237 | 211 | -190 | 304 | 139 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 17.1% | 46.8% | 12.0% | 10.5% |
| ROCE % | – | 21.1% | 34.0% | 15.3% | 14.3% |
| Debtor days | – | 32 | 37 | 40 | 43 |
| Inventory days | – | 101 | 90 | 95 | 102 |
| Payable days | – | 95 | 77 | 96 | 108 |
| Cash conversion cycle (days) | – | 38 | 50 | 39 | 37 |
| Working capital days | – | -3 | -10 | -8 | 1 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 61.21% |
| FIIs | 8.37% |
| DIIs | 1.38% |
| of which Mutual funds | 0.01% |
| of which Insurance | 0.51% |
| Public (non-institutions) | 29.04% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 60.98% | 61.24% | 61.14% | 61.14% | 61.14% | 61.14% | 61.14% | 61.21% |
| Promoter group | % |
|---|---|
| Dheeraj Garg | 29.51% |
| SAB Industries Limited | 8.42% |
| SAB Udyog Limited | 7.27% |
| Chandigarh Developers Private Ltd | 3.85% |
| Sunena Garg | 3.67% |
| DHG Marketing Private Ltd | 3.19% |
| Malwa Chemtex Udyog Ltd | 2.45% |
| R K Garg | 1.94% |
| Priya Garg | 0.54% |
| Chandigarh Aircraft Management Services Private Limited | 0.23% |
| Steel Strips Financiers PVT Ltd | 0.13% |
| Munak International PVT Ltd | 0.01% |
| S S Credits (P) Ltd | 0.01% |
| S J Mercantile PVT. Limited | 0.01% |
| Amiya Jain | 0.00% |
| Public holders above 1% | % |
|---|---|
| Tata Steel Limited | 6.91% |
| Sumitomo Metal Industries Ltd | 5.40% |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.53% |
67,858 shareholders. Pledged: 0.00% of promoter shares.
Peers in Auto Components & Equipments
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MOTHERSON | ₹1,62,274 cr | 37.0x | 4.0x | 11.6% | 12.9% | 9.3% | +17.0% | 0.44% |
| BOSCHLTD | ₹1,32,455 cr | 56.0x | 8.9x | 16.5% | 21.7% | 13.4% | +10.3% | 1.14% |
| BHARATFORG | ₹82,736 cr | 117.2x | 8.7x | 7.5% | 10.0% | 14.0% | +9.2% | 0.46% |
| UNOMINDA | ₹61,747 cr | 51.3x | 9.0x | 19.1% | 16.6% | 10.9% | +20.5% | 0.27% |
| SCHAEFFLER | ₹54,960 cr | 43.9x | 8.9x | 21.6% | 27.8% | 18.2% | – | – |
| SONACOMS | ₹48,637 cr | 69.8x | 8.1x | 12.0% | 15.2% | 23.6% | +18.7% | 0.41% |
| TIINDIA | ₹40,369 cr | 66.5x | 5.2x | 9.1% | 23.6% | 9.2% | +15.2% | 0.42% |
| ENDURANCE | ₹31,415 cr | 32.4x | 4.6x | 15.4% | 16.7% | 13.1% | +18.4% | 0.45% |
| EXIDEIND | ₹28,636 cr | 30.7x | 2.1x | 6.7% | 9.7% | 10.3% | +6.1% | 0.60% |
| SSWL | ₹8,366 cr | 39.4x | 4.6x | 12.4% | 15.7% | 10.0% | +8.7% | 0.24% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-23 | Dividend | Dividend - Rs 1.50 Per Share |
| 2025-09-23 | Dividend | Dividend - Re 1.25 Per Share |
| 2024-09-23 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2023-08-14 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2022-11-10 | Split | Face Value Split (Sub-Division) - From Rs 5/- Per Share To Re 1/- Per Share |
| 2022-09-22 | Dividend | Annual General Meeting/Dividend - Rs 3.75 Per Share |
| 2021-11-18 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share |
| 2021-09-22 | Dividend | Annual General Meeting/ Dividend Rs 2 Per Share |
| 2020-09-22 | Other | Annual General Meeting |
| 2019-09-20 | Dividend | Annual General Meeting/Dividend - Rs 4 Per Share |
| 2018-09-19 | Dividend | Annual General Meeting/Dividend Rs 4 Per Share |
| 2017-09-20 | Dividend | Annual General Meeting/Dividend - Rs 3/- Per Share |
| 2016-09-22 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2015-10-30 | Dividend | Interim Dividend - Rs 1.50/- Per Share (Purposed Revised) |
| 2015-09-22 | Dividend | Annual General Meeting/Dividend Rs 2/- Per Share |
| 2014-09-18 | Dividend | Annual General Meeting / Dividend - Rs 1.50/- Per Share |
| 2013-09-19 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
| 2012-09-18 | Dividend | Annual General Meeting/Dividend Re 1.50 Per Share |
| 2011-09-19 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
| 2010-09-17 | Dividend | Annual General Meeting And Dividend Rs.1/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacturing of auto components i.e. Steel Wheel rims, Alloy Wheel rims and Aluminium Steering Knuckle
| Sector | Consumer Discretionary |
| Industry | Auto Components & Equipments |
| Sub-industry | Auto Components & Equipments |
| Symbol | SSWL |
| BSE code | 513262 |
| ISIN | INE802C01033 |
| Face value | ₹1.0 |
| Incorporated | 1985-02-28 |
| Website | www.sswlindia.com |
| Plants (India / abroad) | 5 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.