Steel Strips Wheels
218.80
-1.86(-0.84%)
Market Cap₹3,439.10 Cr
PE Ratio17.08
IndustryAutomobiles
Company Performance:
1D-0.84%
1M-2.13%
6M-2.76%
1Y+2.85%
5Y+349.84%
View Company Insightsright
More news about Steel Strips Wheels
01Aug 25
Steel Strips Wheels Reports Q1 FY2026 Results; Board Approves Key Appointments and European Subsidiary Plan
Steel Strips Wheels Limited (SSWL) reported Q1 FY2026 standalone revenue of Rs 1,23,393.76 lakhs and profit after tax of Rs 4,993.52 lakhs. The Board approved re-appointments of key directors, appointed a new Secretarial Auditor, and plans to incorporate a European subsidiary. SSWL's July 2025 sales showed a 4.48% year-over-year increase in net turnover to Rs 378.87 crore, with strong growth in aluminum products and tractor segments.
01Aug 25
Steel Strips Wheels Reports 18% Revenue Growth in Q1 Results and 4.48% Growth in Net Turnover for July 2025
Steel Strips Wheels Limited (SSWL) reported an 18% revenue growth in Q1, with revenue reaching 12.00 billion rupees. The company's July 2025 net turnover increased by 4.48% year-over-year to Rs. 378.87 crore. Q1 net profit rose to 499.00 million rupees, and EBITDA increased to 1.22 billion rupees. Segment-wise, aluminum products showed strong growth (29% value, 19% volume), while passenger car steel products declined significantly (19% value, 12% volume). Despite overall value growth of 4%, SSWL faced a 2% decrease in total volume for July 2025.
02Jun 25
SSWL Reports 19.97% Jump in Net Turnover for May 2025
Steel Strips Wheels Limited (SSWL) announced impressive financial results for May 2025. The company's net turnover increased by 19.97% to Rs 470.35 crore, up from Rs 392.04 crore in May 2024. Gross turnover also saw a significant rise of 19.36%, reaching Rs 500.76 crore compared to Rs 419.55 crore in the previous year. This strong performance indicates robust market demand and operational efficiency for SSWL in the automotive wheel manufacturing sector.
16May 25
Steel Strips Wheels Unveils Ambitious Capacity Expansion Plans
Steel Strips Wheels Limited (SSWL) has unveiled plans to significantly increase its production capacity for both alloy and steel wheels by FY26. The company aims to add 11.00 lakh alloy wheels at its Mehsana plant, bringing the total to 53.00 lakh wheels. Additionally, SSWL plans to introduce 65.00 lakh steel wheels in phases. This expansion strategy reflects SSWL's confidence in future market demand and its goal to strengthen its position in the automotive wheel manufacturing sector.
15May 25
Steel Strips Wheels Reports Q4 Growth and Announces Dividend
Steel Strips Wheels Ltd. announced Q4 FY2023 results with revenue up 12.15% to ₹12.00 billion. EBITDA increased 20.72% to ₹1.34 billion, with margin improving to 10.90%. Net profit rose 2.32% to ₹0.62 billion. The company declared a dividend of ₹1.25 per share.
02May 25
Steel Strips Wheels Reports Impressive 25.39% YoY Growth in April 2025 Net Turnover
Steel Strips Wheels Limited (SSWL) announced a significant increase in net turnover for April 2025. The company's net turnover reached ₹424.11 crore, up from ₹338.22 crore in April 2024, representing a 25.39% year-over-year growth. This strong start to the fiscal year demonstrates SSWL's resilience and growth in the automotive components market, potentially reflecting increased demand for automotive wheels, new client acquisitions, or market expansion.
01Apr 25
Steel Strips Wheels: Record Monthly Sales Drive 6% Stock Surge and 27.29% YoY Growth in Net Turnover
Steel Strips Wheels achieved its highest-ever monthly sales, with net turnover reaching ₹433.70 crore, a 27.29% year-over-year increase. The company saw significant growth across various segments: Alloy Wheels up by 50%, Truck Segment by 32%, and Tractor Segment by 23%. In response to this performance, the company's stock price jumped 6% to ₹188.36, ending a four-day losing streak.
03Mar 25
Steel Strips Wheels Reports Record-Breaking Performance in February 2025
Steel Strips Wheels Limited (SSWL) achieved a net turnover of Rs. 407.74 crore in February 2025, an 18.88% increase year-over-year. The company saw growth across multiple segments, with exports rising 36% in value and 38% in volume. The aluminium segment hit record sales with a 34% value increase. Commercial vehicles, especially trucks, showed strong growth at 29% volume increase. While most segments grew, the 2&3 wheeler category had mixed results with a 26% value increase but 38% volume decrease.
Steel Strips Wheels
218.80
-1.86
(-0.84%)
1 Year Returns:+2.85%
Industry Peers
Bosch
36,810.00
(-0.57%)
UNO Minda
1,229.70
(-0.33%)
Schaeffler India
4,078.40
(-1.06%)
Bharat Forge
1,317.10
(-0.20%)
Tube Investment
2,985.60
(+0.27%)
Endurance Technologies
2,855.90
(+0.79%)
Exide Industries
377.35
(-0.66%)