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Steel Strips Wheels

Steel Strips Wheels

NSE: SSWLBSE 513262Consumer Cyclicalsswlindia.com
View MapTV Chart
231.63
5.80+2.57%
DAY227
₹231.63
233
Open229.25
Prev Close225.83
Bid231.61275
Ask231.66172
Volume687.2K+3%vs 20D avg
Market Cap₹3,646.59 Cr
Promoter Hold.61.1%
Face Value₹1
Fwd P/E11.82
PEG
EV/EBITDA8.51
P/S0.7
ROA6.5%
Beta0.33
Div Payout10.36%
Valuation

Steel Strips Wheels Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Steel Strips Wheels Ltd, framed against the sector median so the premium or discount is obvious at a glance.

Steel Strips Wheels Ltd trades at a P/E of 19.21× and P/B of 2.02×.

Key MetricsLive · as of 12 Jun 2026
the price tag

Valuation

Market Cap
₹3,646.59 Cr
P/E Ratio
good19.21
P/B Ratio
good2.02
EPS
12.06
the engine

Profitability

ROE
avg11.36%
ROCE
good15.2%
Net Margin
watch3.67%
Op Margin
watch7.22%
the trajectory

Growth

EPS YoY
%
Revenue YoY
good19.5%
Qtr Sales
good15.8%
Qtr Profit
good15.8%
the balance sheet

Financial Health

Debt / Equity
watch45.9
Book Value
114.79
Div Yield
avg0.55%
Promoter Hold.
good61.1%
Financials

Steel Strips Wheels Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Steel Strips Wheels Ltd, switchable between annual and quarterly views, consolidated or standalone.

Steel Strips Wheels Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,646.59 Cr and reported EPS of ₹12.06.

Period2023202420252026
Revenue from Operations
4,041
4,357
4,429
5,183
Other Income
12
14
3
3
Total Income
4,053
4,371
4,432
5,186
Cost of Goods Sold (COGS)
2,664
2,836
2,858
3,399
Gross Profit
1,377
1,521
1,571
1,784
+Operating Expenses
934
1,057
1,086
1,274
EBITDA
443
464
484
510
+Non-Operating Expenses
164
680
228
259
Profit Before Tax (PBT)
291
744
259
254
+Tax Expense
97
69
64
64
Profit After Tax (PAT)
194
675
195
190
Earnings Per Share (EPS)
12.38
42.99
12.44
12.10
Diluted Shares Outstanding (Nos.)
16
16
16
16
+Additional Disclosures
6,423
6,937
7,030
8,331
Sales Growth %
7.83
1.65
17.02
YoY Sales Growth %
7.83
1.65
17.02
Material Cost %
67
66
65
67
Employee Cost %
7
8
9
8
Other Cost %
16
16
16
16
OPM %
11
11
11
10
Tax %
33
9
25
25
Profit Growth %
248.15
-71.06
-2.59
Gross Margin %
0.00
0.00
0.00
0.00
EBITDA Margin %
0.00
0.00
0.00
0.00
Interest Coverage Ratio
0.00
0.00
0.00
0.00
Additional Fields
362
360
373
374
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Steel Strips Wheels segment analysis: revenue and profit mix.

Disclosed business segments at Steel Strips Wheels with their share of revenue and profit, switchable between consolidated and standalone reporting.

Steel Strips Wheels discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

Steel Strips Wheels Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy Steel Strips Wheels Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

Steel Strips Wheels Ltd's investment case rests on 10 positive markers and 9 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Robust financial health with ROE 12.7% and ROCE 15.2%.

  • Impressive operational momentum with 15.8% increase in quarterly sales and profits.

  • Substantial promoter holding of 61.1% signals strong management confidence and stability.

  • Attractive valuation with PE ratio 18.20, lower than many industry peers.

  • Strong 5-year FOCF CAGR of 66.56% indicates efficient cash generation.

bear case

What can break it.

  • 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.

  • Significant stock price volatility (₹167-₹280) poses risk for stable returns.

  • History of fluctuating net profitability suggests inherent risks from cyclical factors.

  • Recent 3-year EPS growth is negative at -2.03%, indicating a slowdown.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 25. The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 46.40. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.

Shareholding

Steel shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Steel — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Steel Strips Wheels Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Steel Strips Wheels Ltd is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Samvardhana Motherson International Ltd
₹1.51 Lakh Cr
Best Profit Growth
Rico Auto Industries Ltd
193.00 %
Highest Dividend Yield
Munjal Showa Ltd
3.51 %

Peer Comparison

Company Name
ALICON
Alicon Castalloy Ltd
ARE&M
Amara Raja Energy & Mobility Ltd
ASAHIINDIA
Asahi India Glass Ltd
ASAL
Automotive Stampings & Assemblies Ltd
ASKAUTOLTD
ASK Automotive Ltd
AUTOAXLES
Automotive Axles Ltd
AUTOIND
Autoline Industries Ltd
BANCOINDIA
Banco Products (India) Ltd
BHARATFORG
Bharat Forge Ltd
BHARATGEAR
Bharat Gears Ltd
BOSCHLTD
Bosch Ltd
CARRARO
Carraro India Ltd
CIEINDIA
CIE Automotive India Ltd
CRAFTSMAN
Craftsman Automation Ltd
DIVGIITTS
Divgi Torqtransfer Systems Ltd
ENDURANCE
Endurance Technologies Ltd
EXIDEIND
Exide Industries Ltd
FIEMIND
Fiem Industries Ltd
FMGOETZE
Federal-Mogul Goetze (India) Ltd
GABRIEL
Gabriel India Ltd
GNA
GNA Axles Ltd
HINDCOMPOS
Hindustan Composites Ltd
IGARASHI
Igarashi Motors India Ltd
INDNIPPON
India Nippon Electricals Ltd
JAMNAAUTO
Jamna Auto Industries Ltd
JAYBARMARU
Jay Bharat Maruti Ltd
JBMA
JBM Auto Ltd
JTEKTINDIA
JTEKT India Ltd
KROSS
Kross Ltd
LGBBROSLTD
L G Balakrishnan & Bros Ltd
LUMAXIND
Lumax Industries Ltd
LUMAXTECH
Lumax Auto Technologies Ltd
MENONBE
Menon Bearings Ltd
MINDACORP
Minda Corporation Ltd
MMFL
M M Forgings Ltd
MOTHERSON
Samvardhana Motherson International Ltd
MSUMI
Motherson Sumi Wiring India Ltd
MUNJALAU
Munjal Auto Industries Ltd
MUNJALSHOW
Munjal Showa Ltd
NDRAUTO
NDR Auto Components Ltd
NRBBEARING
NRB Bearings Ltd
OMAXAUTO
Omax Autos Ltd
PAVNAIND
Pavna Industries Ltd
PPAP
PPAP Automotive Ltd
PRECAM
Precision Camshafts Ltd
PRICOLLTD
Pricol Ltd
PRITIKAUTO
Pritika Auto Industries Ltd
RAJRATAN
Rajratan Global Wire Ltd
REMSONSIND
Remsons Industries Ltd
RICOAUTO
Rico Auto Industries Ltd
RKFORGE
Ramkrishna Forgings Ltd
RML
Rane (Madras) Ltd
ROLEXRINGS
Rolex Rings Ltd
SANDHAR
Sandhar Technologies Limited
SANSERA
Sansera Engineering Ltd
SCHAEFFLER
Schaeffler India Ltd
SETCO
Setco Automotive Ltd
SHARDAMOTR
Sharda Motor Industries Ltd
SHIVAMAUTO
Shivam Autotech Ltd
SJS
S J S Enterprises Ltd
SONACOMS
Sona BLW Precision Forgings Ltd
SSWL
Steel Strips Wheels LtdCurrent Stock
STERTOOLS
Sterling Tools Ltd
SUNCLAY
Sundaram Clayton Ltd
SUNDRMBRAK
Sundaram Brake Linings Ltd
SUNDRMFAST
Sundram Fasteners Ltd
SUPRAJIT
Suprajit Engineering Ltd
TALBROAUTO
Talbros Automotive Components Ltd
TIINDIA
Tube Investments of India Ltd
UCAL
Ucal Ltd
UNIPARTS
Uniparts India Ltd
UNOMINDA
Uno Minda Ltd
URAVIDEF
Uravi Defence & Technology Ltd
VARROC
Varroc Engineering Ltd
WHEELS
Wheels India Ltd
ZFCVINDIA
ZF Commercial Vehicle Control System India Ltd
Technicals

Steel Strips Wheels Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Steel Strips Wheels Ltd — derived from the live tape, not yesterday's close.

Steel Strips Wheels Ltd last traded at ₹231.63 with an intraday range of ₹226.8–₹233 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹231.63
LevelPrice (₹)Distance% Δ
R4246.55+14.92+6.44%
R3240.35+8.72+3.77%
R2236.68+5.05+2.18%
R1234.15+2.52+1.09%
PIVOT230.48-1.15-0.50%
CURRENT231.63
S1215.55-16.08-6.94%
S2221.75-9.88-4.26%
S3224.28-7.35-3.17%
S4227.95-3.68-1.59%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 229.90P: 230.48TC: 231.05
R1
R2
R3
R4
indicator
LTP: 231.63
PDH: 234.00
PDL: 225.00
● Market Sentiment

SSWL is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 228.03 ~ 230.33

● Price Position

Trading Inside opening range

Delivery & Volume

Steel Strips Wheels Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Steel Strips Wheels Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Steel Strips Wheels Ltd stood at 51.6% of traded volume, against a 20-day average of 51.2%.

Avg Delivery (20D)51.2%+0.3 ppt latest vs avg
Highest Delivery64.5%on 20 May
Avg Volume (20D)6.70 L20-day run-rate
Conviction Trend↓ Weakening+0.3 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Steel Strips Wheels announcements: results, concalls, ratings, M&A.

Filings Steel Strips Wheels sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Steel Strips Wheels files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 127 documents below.

  1. 02 Jun 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Steel Strips Wheels Limited has informed the Exchange about Link of Recording

  2. 01 Jun 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Steel Strips Wheels Limited has informed the Exchange about Presentation. In continuation of our letter dated 27.05.2026 w.r.t. Intimation of…

  3. 01 Jun 2026Monthly Business UpdatesView PDF

    Monthly Business Updates

    Steel Strips Wheels Limited has informed the Exchange regarding Monthly Business Updates for the month of May 2026

  4. 30 May 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Steel Strips Wheels Limited has informed the Exchange about Copy of Newspaper Publication regarding Audited Financial Results (Standalone &…

  5. 29 May 2026DividendView PDF

    Dividend

    Steel Strips Wheels Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs.…

Insider Activity

Steel Strips Wheels insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Steel Strips Wheels as reported to SEBI — buying and selling signals from the people who know the business best.

Steel Strips Wheels insider activity below tracks 10 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
R RAVISHANKARInsider05 Jun 2025sell10.0 K₹24.37 L₹243.66
Chandigarh Developers Pvt LtdInsider27 Mar 2025buy+24.0 K₹43.88 L₹182.82
Chandigarh Developers Pvt LtdInsider26 Mar 2025buy+56.6 K₹1.07 Cr₹188.61
Chandigarh Developers Pvt LtdInsider24 Mar 2025buy+25.0 K₹48.56 L₹194.23
Ms. Priya GargInsider24 Mar 2025buy+25.0 K₹48.68 L₹194.72
Chandigarh Developers Pvt LtdInsider21 Mar 2025buy+24.9 K₹47.28 L₹189.90
Chandigarh Developers Pvt LtdInsider20 Mar 2025buy+22.6 K₹42.16 L₹186.17
Chandigarh Developers Pvt LtdInsider19 Mar 2025buy+40.5 K₹75.25 L₹185.98
Chandigarh Developers Pvt LtdInsider18 Mar 2025buy+1.63 L₹2.95 Cr₹181.13
Ms. Priya GargInsider25 Feb 2025buy+28.0 K₹50.57 L₹180.60
Corporate Actions

Steel Strips Wheels dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Steel Strips Wheels has declared, sequenced by announce and record date.

Steel Strips Wheels corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Steel Strips Wheels Ltd: business, sector, key facts.

What Steel Strips Wheels Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Steel Strips Wheels Ltd operates in the Consumer Cyclical, listed as NSE: SSWL, BSE: 513262.

SSWL
Consumer Cyclical

Steel Strips Wheels Ltd

NSE · SSWL·BSE · 513262·sswlindia.com

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
Founded / IPO
Employees
SectorConsumer Cyclical
HeadquartersChandigarh, India
Market Cap₹3,646.59 Cr
Listed OnNSE
leadership24 on record
Mr. Aditya Deepak Dixit
President of Marketing
Mr. Dheeraj Garg
MD & Executive Director
Mr. Ganesh Niranjan Dhamode
Executive Vice President of Projects
Mr. Manohar Lal Jain FCA, FCS
Whole Time Director
Mr. Mohan Joshi Civil Engg., P.G.D.B.M.
MD & Executive Director
Mr. Rahul Kumar
Chief Financial Officer
Mr. R. Ravi Shankar
President of Research & Development
Mr. Shaman Jindal
President of Commercials
Mr. Sushil Gupta
Senior Executive Director of Marketing
Ms. Kanika Sapra
Company Secretary & Compliance officer
Ms. Kanika Sapta
Company Secretary and Compliance Officer
Sh. Ajit Chatha
Non-Executive Independent Director
§ ∞ · Plainly Answered

Questions investors ask about Steel Strips Wheels Ltd (SSWL).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Steel Strips Wheels Ltd (SSWL)?

The current share price of Steel Strips Wheels Ltd (SSWL) is ₹231.63. Today, the stock has gained by ₹5.80 (2.57%), trading in a range of ₹226.8 to ₹233. The stock opened at ₹229.25 with a trading volume of 6,87,243 shares.

02Is Steel Strips Wheels Ltd stock a good investment for long-term?

Steel Strips Wheels Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,646.59 crores, P/E ratio of 19.21, ROE of 11.36%, and ROCE of 15.20%. The dividend yield stands at 0.55%. 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.

03What is the 52-week high and low price of Steel Strips Wheels Ltd stock?

The 52-week high price of Steel Strips Wheels Ltd (SSWL) is ₹0, while the 52-week low is ₹0. Currently trading at ₹231.63, the stock is Infinity% away from its 52-week low and -Infinity% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Steel Strips Wheels Ltd stock at the current price?

Whether to buy Steel Strips Wheels Ltd stock at ₹231.63 depends on multiple factors. The stock is currently trading with a P/E ratio of 19.21 and P/B ratio of 2.02. Today's performance shows a gain of 2.57%. 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.

05What is the dividend yield of Steel Strips Wheels Ltd and when is the next dividend?

Steel Strips Wheels Ltd offers a dividend yield of 0.55%, which means for every ₹100 invested at the current price of ₹231.63, you can expect to receive approximately ₹0.55 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.

06What are the key financial ratios and metrics of Steel Strips Wheels Ltd?

Steel Strips Wheels Ltd's key financial metrics include: P/E Ratio: 19.21, P/B Ratio: 2.02, ROE: 11.36%, ROCE: 15.20%, Dividend Yield: 0.55%, EPS: ₹12.06, Book Value: ₹114.79, and Debt-to-Equity: 45.90. The company's market cap stands at ₹3,646.59 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Steel Strips Wheels Ltd stock performing today in the market?

Steel Strips Wheels Ltd stock opened at ₹229.25 and is currently trading at ₹231.63, showing a gain of ₹5.80 (2.57%). The intraday high is ₹233 and low is ₹226.8. The trading volume stands at 6,87,243 shares, indicating moderate market participation today.

08What is the P/E ratio of Steel Strips Wheels Ltd and what does it indicate?

Steel Strips Wheels Ltd has a Price-to-Earnings (P/E) ratio of 19.21, which means investors are willing to pay ₹19.21 for every ₹1 of earnings. With an EPS of ₹12.06, 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.

Disclaimer

The data, ratios and commentary about Steel Strips Wheels Ltd (SSWL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.