Steel Strips Wheels Ltd

Steel Strips Wheels Ltd

390.65
INR
-0.95
(-0.24%)
15.39EPS
17.06P/E
36.26BMarket Cap
Oct 23Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
63.29
68.44
71.86
85.88
97.48
130.87
99.92
111.47
228.02
257.42
277.14
281.32
329.36
350.44
Basic EPS, GAAP
1.6
2.59
4.01
3.6
4.83
5.29
1.5
3.16
13.16
12.39
43.07
12.44
12.11
13.52
Free Cash Flow per Basic Share
3.48
6.57
-1.3
-17.29
14.99
11.81
1.52
7.23
15.18
13.51
-12.13
19.39
8.84
- -
Dividend per Share
0.17
0.23
0.19
0.18
0.36
0.48
0.48
- -
0.2
0.75
1
1
1.25
- -
Book Value per Share
23.95
26.13
29.19
32.96
37.56
43.73
44.77
48
60.98
72.5
91.9
103.59
114.82
- -
Tangible Book Value per Share
23.71
25.88
28.93
32.76
37.4
43.62
44.65
47.89
60.89
72.49
91.84
103.54
114.78
- -
Basic Weighted Avg Shares
152
152
153
155
156
156
156
156
156
156
157
157
157
157
Sales/Revenue/Turnover
9,625
10,415
10,965
13,290
15,162
20,370
15,576
17,399
35,600
40,269
43,412
44,148
51,749
55,058
Operating Margin (%)
5.29
6.82
9.41
8.8
10.11
9.27
6.6
7.56
10.56
9.39
8.32
8.46
7.4
7.44
Depreciation Expense
526
382
421
479
526
619
719
723
769
804
1,042
1,111
1,360
1,419
Net Income, GAAP
243
394
612
557
751
824
234
493
2,055
1,938
6,747
1,953
1,902
2,124
Effective Tax Rate (%)
3.31
19.04
22.6
35.2
22.65
24.36
28.29
22.84
32.31
33.45
9.25
24.6
25.15
15.36
Profit Margin (%)
2.53
3.78
5.58
4.19
4.95
4.04
1.51
2.83
5.77
4.81
15.54
4.42
3.68
3.86
Working Capital
193
86
-47
-420
-1,520
-596
-241
-415
32
-369
-1,234
-950
93
- -
LT Debt
3,303
2,852
1,764
3,913
4,907
4,581
4,418
3,798
2,793
1,617
3,816
2,786
2,784
- -
Total Equity
3,642
3,987
4,454
5,120
5,843
6,817
6,979
7,493
9,518
11,347
14,422
16,257
18,048
- -
Return on Invested Capital (%)
2.46
3.87
6.06
5.18
7.99
8.71
4.38
6.03
14.89
14.36
35.56
11.38
11.29
- -
Return on Capital (%)
5.76
6.9
8.74
7.19
8.19
9.07
4.98
6.53
15.41
14.13
35.87
11.38
11.02
- -
Return on Common Equity (%)
6.89
10.33
14.5
11.63
13.7
13.01
3.4
6.81
24.16
18.58
52.36
12.73
11.09
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
5,500
- -
LT Borrowings
- -
2,759
- -
LT Finance Leases
- -
24
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
157
157
157
Market Capitalization
30,446
26,788
36,258

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
16,358
- -
Cash, Cash Equivalents & STI
- -
102
- -
Accounts Receivable, Net
- -
6,090
- -
Inventories
- -
9,522
- -
Total Current Liabilities
- -
16,265
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
5,500
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.26%
19.42%
11.02%
Free Cash Flow
92.34%
-81.05%
-54.37%
Net Income, GAAP
56%
97.2%
-2.59%
Sales/Revenue/Turnover
20.23%
28.89%
17.22%
Total Cash Common Dividend
- -
- -
25.2%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
10,253
10,951
10,747
12,339
44,148
2026
11,868
12,006
13,208
14,746
51,749
2027
15,098
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.6
2.94
3.04
3.87
12.44
2026
3.01
2.26
2.97
3.87
12.11
2027
4.42
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
1.25
2027
- -
- -
- -
- -
- -

Company Description

CEO
Dheeraj Garg
Full Time Employees
10,214
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
SCO 49-50 Chandigarh CD India 160019
IPO Date
Jun 6, 2005
Business
Steel Strips Wheels Limited manufactures steel and alloy wheel rims for automotive applications, including two- and three-wheelers, passenger cars, multi-utility vehicles, tractors, trucks, heavy commercial vehicles, off-the-road vehicles, trailers, and caravans; it also produces aluminum steering knuckles and operates a hot rolling mill. Founded in 1991 and headquartered in Chandigarh, India, the company maintains manufacturing facilities in Dappar (Punjab), Oragadam (Chennai), Jamshedpur and Saraikela (Jharkhand), and Mehsana (Gujarat), with a combined annual capacity exceeding 20 million wheels. Steel Strips Wheels serves major domestic and global automobile manufacturers, primarily in India and international markets, through strategic partnerships with Tata Steel Ltd., Nippon Steel & Sumitomo Metal Corporation (Japan), Ring Techs Co. Ltd. (Japan, over 20 years), and Kalink Co. (South Korea). Recent developments include a September 2024 investment of ₹6.93 crore in Clean Max Astria Private Limited to expand renewable energy capacity for its Gujarat plant and maintain captive consumer status; the January 2024 acquisition of 100% stake in AMW Autocomponent Limited as a wholly owned subsidiary; and the November 2024 launch and commercial production start of aluminum steering knuckles at the Mehsana facility.