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Steel Strips Wheels Ltd

Steel Strips Wheels

Small Cap2,801 EmployeesIPO 2005
Current Price
214.77
2.11 (0.99%)Updated
NSE :SSWL
BSE :513262
Today's Range
212.67
214.77
indicator
220.29
52 Week Range
52W Low169.00
52W High280.00
214.77
indicator
Downside27.08%
Upside30.37%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

Loading chart...

Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
3,476.04 Cr
Market Cap
Total market value of company
P/E Ratio
18.29
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
2.07
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
12.03
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
5.76%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
15.20%
ROCE
Return on Capital Employed. >15% is good
Net Margin
3.85%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
53.51%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
16.76%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
15.80%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
15.80%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.51
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
103.59
Book Value
Net asset value per share
Dividend Yield
0.45%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
61.10%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

5 points
  • Robust financial health with ROE 12.7% and ROCE 15.2%.
  • Impressive operational momentum with 15.8% increase in quarterly sales and profits.

Weaknesses

5 points
  • Debt-to-equity ratio of 0.51 indicates reliance on debt financing, elevating risk.
  • Slight decline in promoter shareholding to 61.1% warrants monitoring for ownership shifts.

Opportunities

5 points
  • Robust growth in Automobile and Auto Components sector offers market expansion.
  • Increasing FII and DII holdings indicate growing institutional confidence and re-rating potential.

Threats

4 points
  • Highly competitive 'Auto Components & Equipments' sector may lead to pricing pressures.
  • Volatility in raw material prices, particularly steel, impacts operating margins.

Segment-wise Financial Analysis

Fetching Financials...
Fetching Balance Sheet...
Fetching Cash Flow...

Shareholding Pattern

Loading shareholding data...

Company Insider Trading Activity

Recent Insider Transactions

Insider NameTransaction DateFiling DateTotal SharesChangePriceAction
Ms. Priya Garg
25 Feb 202527 Feb 20258.21 L
28,000
₹180.6BUY
Chandigarh Developers Pvt Ltd
18 Mar 202519 Mar 202558.54 L
1.63 L
₹181.13BUY
Chandigarh Developers Pvt Ltd
19 Mar 202520 Mar 202558.95 L
40,462
₹185.98BUY
Chandigarh Developers Pvt Ltd
20 Mar 202521 Mar 202559.17 L
22,644
₹186.17BUY
Chandigarh Developers Pvt Ltd
21 Mar 202524 Mar 202559.42 L
24,899
₹189.9BUY
Chandigarh Developers Pvt Ltd
24 Mar 202525 Mar 202559.67 L
25,000
₹194.23BUY
Ms. Priya Garg
24 Mar 202525 Mar 20258.46 L
25,000
₹194.72BUY
Chandigarh Developers Pvt Ltd
26 Mar 202527 Mar 202560.24 L
56,587
₹188.61BUY
Chandigarh Developers Pvt Ltd
27 Mar 202528 Mar 202560.48 L
24,000
₹182.82BUY
R RAVISHANKAR
05 Jun 202506 Jun 2025150
10,000
₹243.66SELL

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R4234.39+₹19.62+9.14%
R3226.77+₹12.00+5.59%
R2223.53+₹8.76+4.08%
R1219.15+₹4.38+2.04%
PIVOT215.911.140.53%
CURRENT214.77--
S1196.29-₹18.48-8.60%
S2203.91-₹10.86-5.06%
S3208.29-₹6.48-3.02%
S4211.53-₹3.24-1.51%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
2.22L
(15 Apr 2026)
-3.3% vs avg
Delivery %
58.3%
(15 Apr 2026)
+5.2% vs avg
Avg Volume (20D)
2.30L
(13 Mar - 15 Apr)
20-day average
Avg Delivery %
53.1%
(13 Mar - 15 Apr)
Trend ↓
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Samvardhana Motherson International Ltd
1.40L ₹ Cr
Best Profit Growth
Rane Holdings Ltd
194.00 %
Highest Dividend Yield
Rane Holdings Ltd
2.90 %

Peer Comparison

Company Name
AUTOAXLES
Automotive Axles Ltd
BOSCHLTD
Bosch Ltd
DIVGIITTS
Divgi Torqtransfer Systems Ltd
DYNAMATECH
Dynamatic Technologies Ltd
FIEMIND
Fiem Industries Ltd
FMGOETZE
Federal-Mogul Goetze (India) Ltd
JTEKTINDIA
JTEKT India Ltd
LUMAXIND
Lumax Industries Ltd
MOTHERSON
Samvardhana Motherson International Ltd
NDRAUTO
NDR Auto Components Ltd
RANEHOLDIN
Rane Holdings Ltd
RML
Rane (Madras) Ltd
SANDHAR
Sandhar Technologies Limited
SHARDAMOTR
Sharda Motor Industries Ltd
SJS
S J S Enterprises Ltd
SUBROS
Subros Ltd
SUNCLAY
Sundaram Clayton Ltd
SUPRAJIT
Suprajit Engineering Ltd
WHEELS
Wheels India Ltd

About

SSWL

Steel Strips Wheels Ltd

Steel Strips Wheels Limited (SSWL) is a prominent Indian company specializing in the design, manufacturing, and sales of automotive wheel rims and related auto components. Their primary focus lies within the Indian market, although they also export their products internationally. This makes them a significant player in the domestic and global automotive supply chain.

SSWL's product portfolio encompasses a diverse range of wheel rims catering to a broad spectrum of vehicle types. This includes steel and alloy wheel rims designed for two-wheelers (motorcycles, scooters), three-wheelers (auto-rickshaws), passenger cars, multi-utility vehicles (SUVs, MPVs), tractors, commercial vehicles (trucks, buses), and off-the-road (OTR) vehicles used in construction and mining. The wide array of products ensures they serve a diverse client base across various segments of the automotive industry.

A key aspect of SSWL's operations is its in-house hot rolling mill capabilities. This vertical integration allows for greater control over the production process, potentially leading to cost efficiencies and improved quality control. By managing the entire process from raw material to finished product, SSWL enhances its competitive advantage within the market. This internal manufacturing capability differentiates them from companies who rely on external suppliers for components.

Established in 1985 and headquartered in Chandigarh, India, SSWL has a long history of operation within the automotive industry. Their extensive experience and established presence in India provide a strong foundation for their continued growth and expansion, both domestically and in international markets. The company's success is largely attributed to their ability to provide a comprehensive range of wheel rims tailored to the specific needs of different vehicle types, combined with their efficient and vertically integrated manufacturing process.

COMPANY FACTS - SSWL

Registered Address

S.C.O. 49-50,, Sector - 26, Madhya Marg,

Chandigarh

CHANDIGARH

IN

Tel: 911722792385

Website:https://sswlindia.com/

Company Details

Group: Automobiles & Components

Sector: Consumer Discretionary

Industry: Auto Components

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 2,801

IPO Date: 06/06/2005

MANAGEMENT - SSWL

Shri. Rajinder Garg

Non-Executive Chairman of the Board

Sh. Naveen Sorot

Chief Financial Officer

Ms. Kanika Sapta

Company Secretary and Compliance Officer

Sh. Dheeraj Garg

Managing Director, Executive Director

Sh. Mohan Joshi

Deputy Managing Director, Executive Director - Commercials

Sh. Manohar Jain

Whole Time Director

Sh. Sanjay Garg

Non-Executive Non Independent Director

Sh. Sanjay Sahni

Non-Executive Nominee Director of Tata Steel Ltd

Sh. Virander Arya

Non-Executive Independent Director

Sh. Siddharth Bansal

Non-Executive Independent Director

Sh. Ajit Chatha

Non-Executive Independent Director

Sh. Shashi Gupta

Non-Executive Independent Director

Investor Questions Answered

Steel Strips Wheels Ltd (SSWL) Stock FAQs

Get answers to the most common questions about Steel Strips Wheels Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Steel Strips Wheels Ltd (SSWL) is ₹214.77. Today, the stock has gained by ₹2.11 (0.99%), trading in a range of ₹212.67 to ₹220.29. The stock opened at ₹217.99 with a trading volume of 2,22,118 shares.
Steel Strips Wheels Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,476.04 crores, P/E ratio of 18.29, ROE of 5.76%, and ROCE of 15.20%. The dividend yield stands at 0.45%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Steel Strips Wheels Ltd (SSWL) is ₹280, while the 52-week low is ₹169. Currently trading at ₹214.77, the stock is 41.2% away from its 52-week low and 23.3% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Steel Strips Wheels Ltd stock at ₹214.77 depends on multiple factors. The stock is currently trading with a P/E ratio of 18.29 and P/B ratio of N/A. Today's performance shows a gain of 0.99%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Steel Strips Wheels Ltd offers a dividend yield of 0.45%, which means for every ₹100 invested at the current price of ₹214.77, you can expect to receive approximately ₹0.45 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Steel Strips Wheels Ltd's key financial metrics include: P/E Ratio: 18.29, P/B Ratio: N/A, ROE: 5.76%, ROCE: 15.20%, Dividend Yield: 0.45%, EPS: ₹12.03, Book Value: ₹103.59, Debt-to-Equity: 0.51, and Current Ratio: N/A. The company's market cap stands at ₹3,476.04 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Steel Strips Wheels Ltd stock opened at ₹217.99 and is currently trading at ₹214.77, showing a gain of ₹2.11 (0.99%). The intraday high is ₹220.29 and low is ₹212.67. The trading volume stands at 2,22,118 shares, indicating moderate market participation today.
Steel Strips Wheels Ltd has a Price-to-Earnings (P/E) ratio of 18.29, which means investors are willing to pay ₹18.29 for every ₹1 of earnings. With an EPS of ₹12.03, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
Steel Strips Wheels Ltd has a market capitalization of ₹3,476.04 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹214.77) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Steel Strips Wheels Ltd has a book value of ₹103.59 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹214.77, which is 107.3% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Steel Strips Wheels Ltd has a Return on Equity (ROE) of 5.76% and Return on Capital Employed (ROCE) of 15.20%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Steel Strips Wheels Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Steel Strips Wheels Ltd has a debt-to-equity ratio of 0.51, which measures the company's financial leverage by comparing total debt to shareholders' equity. This moderate ratio indicates balanced use of debt and equity. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Steel Strips Wheels Ltd has an Earnings Per Share (EPS) of ₹12.03, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹214.77 and P/E ratio of 18.29, investors are paying 18.29 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Steel Strips Wheels Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Steel Strips Wheels Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Steel Strips Wheels Ltd stock, consider: 1) Fundamental Analysis - Review P/E (18.29), ROE (5.76%), debt-to-equity (0.51), and growth rates. 2) Technical Analysis - Check 52-week range (₹169.00 - ₹280.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹214.77) with book value (₹103.59) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Steel Strips Wheels Ltd share is ₹1.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹214.77 is 21377x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Steel Strips Wheels Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹169.00 - ₹280.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.51 indicates leverage. 4) Liquidity Risk - Based on trading volume of 2,22,118 shares. 5) Valuation Risk - P/E of 18.29 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Steel Strips Wheels Ltd operates in the industry with key metrics: P/E ratio of 18.29, ROE of 5.76%, market cap of ₹3,476.04 crores, and dividend yield of 0.45%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.51), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Steel Strips Wheels Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹214.77, with a 52-week range of ₹169.00 to ₹280.00. Based on fundamentals like P/E (18.29), ROE (5.76%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Steel Strips Wheels Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹214.77. 2) Fundamental Deterioration - Declining ROE (currently 5.76%), increasing debt (D/E: 0.51), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Steel Strips Wheels Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.45%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.