Steel Strips & Wheels Ltd

BSE: SSWL513262ISIN INE802C01033

Consumer Discretionary
Auto Components & Equipments
BSE 1000

Share price

₹536.30+22.40 (+4.36%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹559.35
52W low: ₹169.00
Off 52W high: -4.12%
1M return: +30.66%
3M return: +67.65%
6M return: +149.15%
1Y return: +136.88%
20D avg volume: 3,33,377
50 DMA: ₹396.92
200 DMA: ₹270.19

Key ratios Consolidated

Market cap: ₹8,434 Cr
Current price: ₹536.30
52W high / low: ₹559.35 / ₹169.00
Face value: ₹1.00
P/E: 28.70
P/B: 4.25
EPS (TTM): ₹18.69
Book value / share: ₹126.20
ROE: —
ROCE: 17.10%
Operating margin: —
Net margin: —
Debt / equity: 0.46
Net debt: ₹819.51 Cr
Interest cover: 3.06
Dividend yield: 0.56%
Dividend / share (TTM): ₹3.00
Payout: 16.05%
Cash conversion cycle: 39.4 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,930	1,510	1,475	1,321	1,201	1,187	1,234	1,075	1,095	1,025	1,069	1,110
	0.77	0.84	1.21	0.23	0.92	0.80	1.01	0.37	0.49	1.30	4.79	1.69
	1,931	1,511	1,476	1,321	1,201	1,188	1,235	1,075	1,096	1,027	1,073	1,112
	1,775	1,417	1,393	1,259	1,153	1,126	1,157	1,011	1,034	971.93	1,024	1,041
	1,314	1,089	977.12	902.42	764.93	818.71	807.02	717.18	704.93	648.97	676.32	741.48
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	133.10	120.58	113.36	109.87	104.14	102.42	97.87	96.92	94.84	90.24	90.30	89.90
	35.22	32.26	30.96	31.50	31.95	28.80	29.48	26.25	30.39	31.13	28.00	25.08
	45.21	38.25	36.75	34.57	32.30	32.43	27.61	27.46	27.54	28.52	36.80	22.50
	268.58	240.86	226.26	215.13	211.08	191.75	183.79	175.91	188.93	157.97	170.49	187.72
	156.19	93.28	83.32	61.56	48.15	61.11	78.12	64.52	61.84	54.66	49.89	70.79
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	473.10	0.00
	156.19	93.28	83.32	61.56	48.15	61.11	78.12	64.52	61.84	54.66	522.99	70.79
	39.39	24.03	22.44	15.04	12.56	13.89	17.37	16.63	15.82	13.89	7.41	11.26
	116.95	69.45	60.85	46.61	35.52	47.24	60.66	47.71	46.11	40.81	515.56	59.41
	7.44	4.42	3.87	2.97	2.26	3.01	3.87	3.04	2.94	2.60	32.85	3.79
Key metrics
	236.62	163.79	151.03	127.63	112.40	122.34	135.21	118.23	119.77	114.31	587.79	118.37
	12.30%	10.80%	10.20%	9.70%	9.40%	10.30%	11.00%	11.00%	10.90%	11.10%	55.00%	10.70%
	6.10%	4.60%	4.10%	3.50%	3.00%	4.00%	4.90%	4.40%	4.20%	4.00%	48.20%	5.40%
	7.90%	—	5.20%	—	3.90%	—	5.30%	—	—	—	—	—
	60.80%	27.20%	19.50%	22.90%	9.60%	15.80%	15.50%	-3.20%	—	—	—	—
	229.30%	47.00%	0.30%	-2.30%	-23.00%	15.80%	-88.20%	-19.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23
Income statement
	6,235	5,183	4,429	4,357	4,041
	3.05	3.16	3.17	13.65	12.40
	6,238	5,186	4,432	4,371	4,053
	5,844	4,932	4,173	4,100	3,762
	4,282	3,463	2,878	2,854	2,688
	0.00	0.00	0.00	—	—
	476.91	429.80	379.87	358.03	283.72
	129.94	123.22	117.24	102.67	83.55
	154.78	136.05	111.13	104.22	80.44
	950.83	844.22	706.60	699.01	650.38
	394.35	254.13	259.13	270.78	291.22
	0.00	0.00	0.00	473.10	0.00
	394.35	254.13	259.13	743.88	291.22
	100.90	63.93	63.71	68.74	97.42
	293.86	190.22	195.28	674.68	193.79
	18.70	12.11	12.44	43.07	12.39
Key metrics
	679.07	513.40	487.50	950.77	455.21
	10.89%	9.90%	11.00%	21.80%	11.30%
	4.71%	3.70%	4.40%	15.50%	4.80%
	—	17.10%	18.60%	—	—
	32.78%	17.00%	1.70%	7.80%	—
	53.75%	-2.60%	-71.10%	248.20%	—
	—	138.84	304.29	—	—
	—	1.74	2.65	—	—
	—	0.46	0.51	—	—
	—	819.51	820.19	—	—
	—	39.4	39.2	—	—
Balance sheet
	—	3,831	3,399	—	—
	—	1,636	1,276	—	—
	—	6.39	7.44	—	—
	—	608.96	486.37	—	—
	—	952.16	742.76	—	—
	—	57.84	29.08	—	—
	—	1,967	1,781	—	—
	—	1,002	753.01	—	—
	—	1,626	1,371	—	—
	—	825.90	827.63	—	—
	—	549.97	549.01	—	—
	—	275.93	278.62	—	—
	—	1,805	1,626	—	—
Cash flow
	—	331.65	516.64	—	—
	—	-186.23	-195.74	—	—
	—	-144.11	-353.68	—	—
	—	192.81	212.35	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,930	1,510	1,475	1,321	1,201	1,187	1,234	1,075	1,095	1,025	1,069	1,110
	2.87	2.92	3.24	2.41	3.11	3.12	3.49	2.91	3.10	3.93	7.20	1.69
	1,933	1,513	1,478	1,323	1,204	1,190	1,237	1,078	1,098	1,029	1,076	1,112
	1,774	1,416	1,391	1,257	1,151	1,124	1,154	1,008	1,031	967.33	1,008	1,041
	1,314	1,089	977.12	902.42	764.93	818.71	807.02	717.18	704.93	648.97	676.32	741.48
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	133.10	120.58	113.36	109.87	104.14	102.42	97.80	96.92	94.84	90.24	90.30	89.90
	35.22	32.26	30.96	31.50	31.95	28.80	29.48	26.24	30.38	31.13	28.00	25.08
	43.53	36.57	35.03	32.80	30.53	30.43	25.57	25.26	25.31	24.87	22.53	22.50
	269.67	241.57	226.81	214.70	210.62	191.25	183.52	175.45	188.21	157.02	169.31	187.72
	158.87	96.34	86.53	65.94	52.57	65.92	82.98	69.73	67.41	61.90	67.75	70.79
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	158.87	96.34	86.53	65.94	52.57	65.92	82.98	69.73	67.41	61.90	67.75	70.79
	40.09	24.83	22.08	16.77	14.04	15.98	21.28	17.89	17.20	15.70	7.41	11.26
	118.78	71.51	64.45	49.18	38.53	49.94	61.70	51.84	50.21	46.20	60.34	59.53
	7.55	4.55	4.10	3.13	2.45	3.18	3.93	3.30	3.20	2.94	3.85	3.80
Key metrics
	237.62	165.17	152.52	130.24	115.05	125.15	138.03	121.23	123.10	117.90	118.28	118.37
	12.30%	10.90%	10.30%	9.90%	9.60%	10.50%	11.20%	11.30%	11.20%	11.50%	11.10%	10.70%
	6.20%	4.70%	4.40%	3.70%	3.20%	4.20%	5.00%	4.80%	4.60%	4.50%	5.60%	5.40%
	8.10%	—	5.40%	—	4.20%	—	5.60%	—	—	—	—	—
	60.80%	27.20%	19.50%	22.90%	9.60%	15.80%	15.50%	-3.20%	—	—	—	—
	208.30%	43.20%	4.50%	-5.10%	-23.30%	8.10%	2.30%	-12.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	6,235	5,183	4,429	4,357	4,041	3,560
	11.44	11.87	13.44	16.06	12.40	13.03
	6,247	5,195	4,442	4,373	4,053	3,573
	5,839	4,924	4,160	4,085	3,762	3,269
	4,282	3,463	2,878	2,854	2,688	2,222
	0.00	0.00	0.00	—	—	—
	476.91	429.80	379.80	358.03	283.72	218.68
	129.94	123.22	117.23	102.67	83.54	85.42
	147.93	128.79	101.01	89.95	80.44	76.87
	952.75	843.37	704.19	697.82	650.38	701.35
	407.68	270.95	282.01	288.64	291.22	303.52
	0.00	0.00	0.00	—	—	—
	407.68	270.95	282.01	288.64	291.22	303.52
	103.77	68.86	72.06	68.74	97.42	98.06
	303.92	202.09	209.95	219.90	193.80	205.46
	19.33	12.86	13.38	14.04	12.39	65.81
Key metrics
	685.55	522.96	500.25	481.26	455.20	465.81
	10.99%	10.10%	11.30%	11.00%	11.30%	13.10%
	4.87%	3.90%	4.70%	5.00%	4.80%	5.80%
	—	18.00%	19.90%	—	—	—
	32.78%	17.00%	1.70%	7.80%	13.50%	—
	50.45%	-3.70%	-4.50%	13.50%	-5.70%	—
	—	122.95	305.34	—	—	—
	—	1.64	2.47	—	—	—
	—	0.48	0.54	—	—	—
	—	824.39	827.22	—	—	—
	—	39.5	39.3	—	—	—
Balance sheet
	—	3,817	3,365	—	—	—
	—	1,771	1,408	—	—	—
	—	1.51	0.41	—	—	—
	—	608.96	486.37	—	—	—
	—	952.53	743.13	—	—	—
	—	58.09	28.98	—	—	—
	—	1,822	1,626	—	—	—
	—	1,002	752.08	—	—	—
	—	1,623	1,364	—	—	—
	—	825.90	827.63	—	—	—
	—	549.97	549.01	—	—	—
	—	275.93	278.62	—	—	—
	—	1,735	1,544	—	—	—
Cash flow
	—	331.16	517.60	—	—	—
	—	-183.59	-191.78	—	—	—
	—	-144.11	-353.67	—	—	—
	—	208.21	212.26	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +8.65%
Sales CAGR 5Y: —
Profit CAGR 3Y: +1.41%
Profit CAGR 5Y: —
Sales YoY (TTM): +32.78%
Profit YoY (TTM): +50.45%

Consolidated

Sales CAGR 3Y: +8.65%
Sales CAGR 5Y: —
Profit CAGR 3Y: -0.62%
Profit CAGR 5Y: —
Sales YoY (TTM): +32.78%
Profit YoY (TTM): +53.75%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 61.23%

Quarter	September 2026	June 2026
Promoter %	61.23%	61.13%

Holder	Type	Holding	Previous	Change
Dheeraj Garg	Promoter	29.51%	29.52%	-0.01%
SAB INDUSTRIES LIMITED	Promoter Group	8.42%	8.42%	0.00%
SAB UDYOG LIMITED	Promoter Group	7.27%	7.27%	0.00%
Tata Steel Limited	Public	6.91%	6.92%	-0.01%
Sumitomo Metal Industries Ltd	Public	5.40%	5.41%	-0.01%
CHANDIGARH DEVELOPERS PRIVATE LTD	Promoter Group	3.85%	3.85%	0.00%
Sunena Garg	Promoter	3.67%	3.56%	+0.11%
DHG MARKETING PRIVATE LTD	Promoter Group	3.19%	3.19%	0.00%
MALWA CHEMTEX UDYOG LTD	Promoter Group	2.45%	2.45%	0.00%
R K Garg	Promoter	1.94%	1.94%	0.00%
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs	Public	1.53%	1.54%	-0.01%
Priya Garg	Promoter	0.54%	0.54%	0.00%
CHANDIGARH AIRCRAFT MANAGEMENT SERVICES PRIVATE LIMITED	Promoter Group	0.23%	0.23%	0.00%
STEEL STRIPS FINANCIERS PVT LTD	Promoter Group	0.13%	0.13%	0.00%
MUNAK INTERNATIONAL PVT LTD	Promoter Group	0.01%	0.01%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Samvardhana Motherson International Limited	1,69,717	159.25	36.90	10.90%	+14.02% TTM	+24.64% TTM	+52.47%
Bosch Ltd	1,49,840	50,800.00	63.41	24.30%	+13.63% TTM	-11.32% TTM	+34.19%
Bharat Forge Ltd	88,694	1,815.00	123.94	15.80%	+17.54% TTM	-30.02% TTM	+37.06%
UNO Minda Limited	69,117	1,196.90	53.56	17.90%	+18.80% TTM	+15.35% TTM	-4.40%
Sona BLW Precision Forgings Limited	55,766	892.00	75.38	13.30%	+43.07% TTM	+21.75% TTM	+84.45%
Schaeffler India Limited	54,886	3,511.50	41.79	—	—	—	-15.20%
Tube Investments of India Ltd	43,747	2,260.00	39.45	12.80%	+17.62% TTM	+6.56% TTM	-24.44%
Endurance Technologies Limited	35,086	2,494.30	34.50	16.30%	+31.99% TTM	+15.15% TTM	-14.03%
Dhoot Transmission Limited	33,444	1,635.00	—	—	—	—	—
Exide Industries Ltd.	31,131	366.25	29.64	8.90%	+13.46% TTM	+32.16% TTM	-3.52%
Craftsman Automation Limited	27,927	10,677.90	52.97	14.20%	+35.85% TTM	+119.55% TTM	+56.36%
Sansera Engineering Limited	27,648	4,429.55	78.72	13.60%	+23.49% TTM	+52.89% TTM	+189.79%
Motherson Sumi Wiring India Limited S	26,009	39.22	38.08	35.50%	+35.93% TTM	+11.75% TTM	-16.50%
Asahi India Glass Ltd.	25,070	983.40	45.71	10.80%	+19.75% TTM	+46.40% TTM	+2.72%
Gabriel India Ltd.	24,678	1,392.40	75.53	22.80%	+24.12% TTM	+38.28% TTM	+10.16%
ZF Commercial Vehicle Control Systems India Limited	24,345	2,139.15	48.76	18.50%	+9.03% TTM	+3.22% TTM	+0.07%
Sundram Fasteners Ltd.	22,794	1,084.75	35.98	18.20%	+17.24% TTM	+13.95% TTM	+12.64%
BELRISE INDUSTRIES LIMITED	21,253	219.75	41.93	14.70%	—	—	+51.19%
SPR Auto Technologies Limited	19,750	4,257.65	33.20	18.00%	+46.79% TTM	+8.24% TTM	+57.73%
Tenneco Clean Air India Limited	18,753	464.65	31.18	64.30%	—	—	—
Minda Corporation Limited	16,202	677.70	29.06	15.10%	+32.84% TTM	+108.97% TTM	+14.51%
Lumax Auto Technologies Ltd.	14,306	2,099.00	33.99	24.70%	+32.82% TTM	+57.49% TTM	+75.07%
SEDEMAC MECHATRONICS LIMITED S	13,737	3,106.75	—	31.00%	—	—	—
Amara Raja Energy & Mobility Limited	13,341	728.90	16.72	14.40%	+15.67% TTM	-11.47% TTM	-26.41%
CIE Automotive India Limited	13,295	350.45	14.25	—	+12.44% TTM	+15.35% TTM	-18.90%
Steel Strips & Wheels Ltd	8,434	536.30	28.70	17.10%	+32.78% TTM	+53.75% TTM	+136.88%

Filings & corporate actions

Recent announcements

Monthly Business Updates for October - 20262 Nov 2026 · Company Update / Monthly Business Updates
As per attachment enclosed.30 Oct 2026 · Company Update / Earnings Call Transcript
As per attachment enclosed26 Oct 2026 · Company Update / Analyst / Investor Meet
As per attachment enclosed26 Oct 2026 · Company Update / Newspaper Publication
As per attachment enclosed26 Oct 2026 · Company Update / Newspaper Publication
As per attachment enclosed.23 Oct 2026 · Company Update / Investor Presentation
In reference to the company intimation dated 26.12.2025, the Board approves renewal of lease agreement. Details as per attachment enclosed.23 Oct 2026 · Company Update / Memorandum of Understanding /Agreements
The details as per attachment enclosed.23 Oct 2026 · Company Update / General
Appointment of Sh. Pranav Jain, Vice President (Finance & Accounts) as Senior Management Personnel. Details as per attachment enclosed.23 Oct 2026 · Company Update / Change in Management
As per attachment enclosed23 Oct 2026 · Corp. Action / Record Date
Board approves Interim dividend of Rs. 1.50 per equity share of face value of Rs. 1/- each.23 Oct 2026 · Corp. Action / Dividend
Results for the quarter and half year ended 30.09.202623 Oct 2026 · Result / Financial Results
Outcome of Board meeting held on 23 October, 202623 Oct 2026 · Board Meeting / Outcome of Board Meeting
CRISIL ESG Ratings & Analytics limited has voluntarily assigned the company ESG rating "64" in category "Strong". based on the data available in the public domain. Kindly take the note of the same.16 Oct 2026 · Company Update / General
Analyst/Investors earning call Q2 FY 2026-27 is scheduled to be held on Monday, October 26, 2026 at 11:00 am. The details of the same are herewith enclosed.16 Oct 2026 · Company Update / Analyst / Investor Meet
Certificate under Regulation 74(5) of the SEBI(Depositories and Participants ) Regulations, 201813 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Steel Strips Wheels Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/10/2026 ,inter alia, to consider and approve Un-audited Standalone ....5 Oct 2026 · Board Meeting / Board Meeting
As per attachment enclosed1 Oct 2026 · Company Update / Monthly Business Updates
As per attachment enclosed.30 Sep 2026 · Company Update / Change in Directorate
Please find enclosed the Voting results and scrutinizer''s report with respect to the AGM held on 30.09.2026.30 Sep 2026 · AGM/EGM / AGM
As per attachment enclosed30 Sep 2026 · Company Update / General
Cessation of Sh. Virander Kumar Arya, Independent Director due to tenure completion. Details as per attachment enclosed.30 Sep 2026 · Company Update / Cessation
As per attachment enclosed30 Sep 2026 · AGM/EGM / AGM
As per attachment enclosed24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunena Garg & PACs24 Sep 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunena Garg & PACs16 Sep 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunena Garg8 Sep 2026 · Company Update / General
As per attachment enclosed7 Sep 2026 · Company Update / Newspaper Publication
As per attachment enclosed5 Sep 2026 · Company Update / General
As per attachment3 Sep 2026 · Company Update / General
As per attachment enclosed3 Sep 2026 · Others / Reg. 34 (1) Annual Report
As per attachment enclosed3 Sep 2026 · Company Update / General
As per attachment enclosed3 Sep 2026 · AGM/EGM / AGM
As per attachment enclosed3 Sep 2026 · AGM/EGM / AGM
As per attachment enclosed3 Sep 2026 · Corp. Action / Book Closure
As per attachment enclosed3 Sep 2026 · Corp. Action / Record Date
As per attachment enclosed3 Sep 2026 · Company Update / Change in Management
As per Attachment enclosed3 Sep 2026 · Others / Outcome without intimation
SSWL reports highest ever monthly turnover in August, 2026, Marking second consecutive record month (Grew by 54% YOY). Details as per attachment enclosed.1 Sep 2026 · Company Update / Monthly Business Updates
As per attachment enclosed29 Aug 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 1.5000	30 Oct 2026	30 Oct 2026	—
Final Dividend - Rs. - 1.5000	23 Sep 2026	23 Sep 2026	—
Final Dividend - Rs. - 1.2500	23 Sep 2025	23 Sep 2025	—
Final Dividend - Rs. - 1.0000	23 Sep 2024	—	—

Board meetings

23 Oct 2026 Board Meeting - Financial Results