SSWL · Steel Strips Wheels Ltd · Iron & Steel
Last close, 30 Oct
11.6% below 52-week high
52-week range: as of 30 Oct 2026.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 30 Oct 2026 close
Slowest input: promoter pledge (disclosed quarterly), as of 18 Jul 2026
Chart
Fundamentals as of 15 Sep 2026 · the company's own latest record is 47 days old
Revenue (latest Q)
₹1,510 Cr
Revenue YoY
PAT YoY
+47.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3
P/S (TTM)
1.1
Sector P/E
27
Dividend yield
+0.4%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SSWL (this stock) | 17.1 | 3 | +3.9% | +11.8% | 0.46 | +0.4% |
| JSW Steel | 12.1 | 3.1 | +13.1% | +24.8% | 1.19 | +0.6% |
| Lloyds Metals And Energy | 27.8 | 7.6 | +22.4% | +36.2% | 101.71 | +0.1% |
| Jindal Steel | 39.9 | 2.3 | +4.8% | +5.3% | 0.44 | +0.2% |
Promoter
stable
FII
rising 1q
MF
1.21% (-0.31pp)
falling 1q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 23 Jul 2026 | Rajesh Jindal | BUY | 5,600 | ₹16.06 lakh |
| 23 Jul 2026 | Pranav Jain | BUY | 1,680 | ₹4.82 lakh |
| 23 Jul 2026 | Rajesh Jindal | BUY | 5,600 | ₹16.06 lakh |
| 23 Jul 2026 | R Ravishankar | BUY | 16,800 | ₹48.17 lakh |
| 23 Jul 2026 | Narayanabelchada Udayakumar | BUY | 4,000 | ₹11.47 lakh |
| 23 Jul 2026 | Tarun Gakhar | BUY | 1,400 | ₹4.01 lakh |
| 23 Jul 2026 | Vineet Aggarwal | BUY | 13,200 | ₹37.85 lakh |
| 23 Jul 2026 | Aditya Deepak Dixit | BUY | 9,400 | ₹26.95 lakh |
| 23 Jul 2026 | Salil Ramnath Malvankar | BUY | 2,800 | ₹8.03 lakh |
| 23 Jul 2026 | Vineet Aggarwal | BUY | 13,200 | ₹37.85 lakh |
| 23 Jul 2026 | Aditya Deepak Dixit | BUY | 9,400 | ₹26.95 lakh |
| 23 Jul 2026 | S Pugazhendhi | BUY | 1,000 | ₹2.87 lakh |
| 23 Jul 2026 | Sarabjeet Singh | BUY | 1,400 | ₹4.01 lakh |
| 23 Jul 2026 | Shaman Jindal | BUY | 9,200 | ₹26.38 lakh |
| 23 Jul 2026 | Shaman Jindal | BUY | 9,200 | ₹26.38 lakh |
| 23 Jul 2026 | Jatinder Singh | BUY | 8,400 | ₹24.09 lakh |
| 23 Jul 2026 | Munish Kumar Chugh | BUY | 7,000 | ₹20.07 lakh |
| 23 Jul 2026 | R Ravishankar | BUY | 16,800 | ₹48.17 lakh |
| 23 Jul 2026 | Swatantra Pathak | BUY | 2,800 | ₹8.03 lakh |
| 23 Jul 2026 | Munish Kumar Chugh | BUY | 7,000 | ₹20.07 lakh |
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-10-26 | SSWL | 7419782 | 6 | MEDIUM | BULK |
| 2026-10-23 | SSWL | 821413 | 1 | WEAK | BULK |
| 2026-09-01 | SSWL | 3781106 | 2 | WEAK | BULK |
| 2026-07-16 | SSWL | 853622 | 1 | WEAK | BULK |
| 2026-07-15 | SSWL | 853622 | 1 | WEAK | BULK |
News timeline
- lowgurufocus.com· 26 Oct 2026, 05:30 pmQ2 2027 Steel Strips Wheels Ltd Earnings Call Transcript
- mediumbusiness-standard.com· 23 Oct 2026, 01:42 pmSteel Strips zooms 19%, hits record high on heavy volume post Q2 results
Concalls & investor presentations
AI-generatedKey takeaway: Steel Strips Wheels Limited (SSWL) held its Q1 FY27 earnings conference call on July 16, 2026, where management reported a revenue of INR 1,509 crores, reflecting a 27% year-on-year growth. The EBITDA increased by 32% to INR 165.17 crores, with EBITDA per wheel rising to INR 314 from INR 262 in the previous year. The profit after tax grew 43% to INR 71.51 crores, with a PAT margin of 4.7%. Management highlighted strong performance in the alloy wheel and tractor segments, driven by improved domestic demand. They noted ongoing capacity expansions in Bhuj and a focus on enhancing profitability through operational excellence and premium product offerings. Management set a goal of over 20% top-line growth for FY27 and expressed optimism about export performance, citing a recovery in demand and reduced tariff uncertainties. The call concluded with a Q&A session addressing various operational and financial queries.
Management emphasized strong growth and operational resilience despite external challenges.
Sourced from an exchange-filed transcript, dated 21 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Steel Strips Wheels Limited (SSWL) provided an overview of the company's operations, highlighting its leadership in the automotive wheel manufacturing sector. SSWL reported an operational capacity of over 25 million wheels, with a workforce of more than 7,500 employees. The company has seen a six-year compound annual growth rate (CAGR) of approximately 20% in revenue and 27% in profit after tax (PAT). The presentation detailed the company's strategic partnerships with Tata Steel and Nippon Steel, which enhance its supply chain and technological capabilities. SSWL's product offerings include steel wheels, alloy wheels, and aluminum knuckles, with a focus on expanding its aluminum product portfolio. Financial highlights for Q1 FY27 included a 27% year-on-year increase in revenue and a 43% rise in PAT, attributed to strong domestic demand and improved operational efficiencies. The company emphasized its commitment to sustainability and community support through various CSR initiatives.
Management highlighted strong growth and operational improvements.
Sourced from an exchange-filed presentation, dated 15 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Management reported that Steel Strips Wheels Limited achieved its highest-ever revenue in Q4 FY26, with a 20% year-over-year growth, totaling INR 1,475 crores. The full-year revenue also reached a record INR 5,183 crores, reflecting a 17% increase from the previous year. EBITDA for the quarter was INR 152.52 crores, marking another record. Management highlighted strong performance in the alloy wheels, tractor, and commercial vehicle segments, driven by improved domestic demand following GST cuts. However, profit after tax for the year was INR 202 crores, slightly lower than the previous year due to increased depreciation. Management set a goal of 15-20% growth in profit after tax for the upcoming year, citing improved capacity utilization and strong order books. Challenges included energy costs and manpower availability, though these issues were reportedly resolved by late May. The company is also expanding its capacity with new projects in Bhuj, aiming for trial production by early next year.
Management emphasized strong revenue growth and operational improvements.
Sourced from an exchange-filed transcript, dated 05 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe annual report of Steel Strips Wheels Limited (SSWL) for FY2025-26 outlines the company's commitment to corporate governance, sustainability, and risk management. The report highlights the establishment of various committees, including the Risk Management Committee and the Corporate Social Responsibility & Sustainability (CSRS) Committee, which are tasked with ensuring compliance with regulatory requirements and managing risks. The report also emphasizes the company's efforts in enhancing internal controls, ensuring transparency, and maintaining a strong governance framework. Additionally, the report discusses the company's financial performance, noting an increase in total income and EBITDA, while also acknowledging a slight decline in profit before tax and after tax. The company has also undertaken initiatives to improve employee health and safety, as well as environmental protection measures.
- Commitment to corporate governance and compliance with SEBI regulations
- Establishment of Risk Management Committee and CSRS Committee for risk mitigation and sustainability initiatives
- Enhancement of internal controls and financial reporting processes
- Focus on employee health, safety, and environmental protection
- Financial performance with increased total income and EBITDA, but slight decline in profit before and after tax
Key takeaway: The company has implemented robust governance and risk management frameworks, with a focus on sustainability and internal controls, while navigating challenges related to global economic conditions and raw material price volatility.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Related-Party Transaction
1 occurrenceRecent (last 12 months)
The company has a related-party transaction involving contribution to Hansraj Trust (HRT), with HRT spending ₹314.68 Lakhs and ₹314.84 Lakhs on CSR activities for FY 2025-26 and FY 2024-25, respectively, against the amounts contributed by the company.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has statutory dues disputes pending in various forums, including CESTAT, Tribunal, and Commissioner Appeals, related to Central Excise Tax and Goods and Service Tax for periods from 2016-17 to 2022-23.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.71% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).