Steel Strips Wheels LimitedSSWLCorporate

Auto Ancillaries Latest results: Jun 2026 14 quarters of data
₹418.10
MCap ₹6,575 Cr · P/E 29.8
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,510 Cr
Sales · Jun 2026
+27.2% YoY
₹163 Cr
Operating Profit · Jun 2026
+33.5% YoY
10.8%
OPM % · Jun 2026
+4.9% YoY
₹69 Cr
Net Profit · Jun 2026
+39.1% YoY
₹4.42
EPS · Jun 2026
+39.0% YoY

📝 Steel Strips Wheels Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Steel Strips Wheels Limited reported revenue of ₹1,510 crore for the quarter ended June 2026 (Q1 FY27), up 27.2% from ₹1,187 crore in the same quarter last year, and up 2.4% sequentially over the March 2026 quarter.

Net profit rose 39.1% year-on-year to ₹69 crore, from ₹50 crore. Earnings per share (EPS) came in at ₹4.42.

Operating profit stood at ₹163 crore — an operating margin (OPM) of 10.8%, compared with 10.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Steel Strips Wheels Limited posted revenue of ₹5,183 crore, a growth of 17.0% over FY25, with a net profit of ₹201 crore (down 4.3% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹5,506 crore with a net profit of ₹221 crore.

Valuation snapshot

At the current price of ₹418.10, SSWL has a market capitalisation of ₹6,575 crore and a trailing P/E of about 29.8.

Within the Auto Ancillaries industry, it is the 9th-largest of the 61 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 61.21%, foreign institutional investors (FIIs) 8.37%, domestic institutional investors (DIIs) 1.38%, public shareholders 29.04% of Steel Strips Wheels Limited.

Promoter holding rose from 61.14% to 61.21% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹6,575 Cr
Current Price ?
₹418.1
P/E ?
29.76above ind
Industry P/E ?
22.30
P/B ?
3.79
P/S ?
1.19
P/FCF ?
48.35
Enterprise Value ?
₹7,403 Cr
EV/EBITDA ?
13.41
PEG ?
29.76
Earnings Yield ?
5.6%
Dividend Yield ?
0.30%
Profitability & Returns
Sales (TTM) ?
₹5,506 Cr
OPM ?
10.0%
Profit after tax (TTM) ?
₹221 Cr
EPS (TTM) ?
₹14.05
ROCE ?
16.0%
ROE ?
12.7%
ROA ?
5.8%
Growth
Sales — latest qtr ?
₹1,510 Cr
PAT — latest qtr ?
₹69 Cr
YoY qtr sales growth ?
27.2%
YoY qtr profit growth ?
39.1%
Sales growth (3y) ?
9%
Sales growth (5y) ?
24%
Profit growth (3y) ?
1%
Profit growth (5y) ?
33%
Financial Health
Debt ?
₹828 Cr
Debt to Equity ?
0.48
Interest Coverage ?
3.1
Current Ratio ?
N/A
Ownership
Promoter holding ?
61.21%
Change in promoter holding ?
0.06%
Pledged percentage ?
N/A
Market
Return 3 months ?
57.1%
Return 6 months ?
89.2%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 1,0051,0441,1341,1101,0691,0251,0951,0751,2341,1871,2011,3211,4751,510 +27.2% +2.4%
Operating Profit 10811312466110114120118135122112128149163 +33.5% +9.4%
Other Income 74365433333231 -73.0% -71.9%
Interest 2324262728313026292932323132 +12.0% +4.1%
Depreciation 2022222537252525263031333538 +25.7% +9.3%
Profit Before Tax 73717920523626770836653668793 +41.8% +7.5%
Net Profit 47485217516465052625039496469 +39.1% +8.5%
EPS 3.023.043.351.0732.852.943.203.303.933.182.453.134.104.42 +39.0% +7.8%
OPM % 10.7% 10.8% 11.0% 5.9% 10.3% 11.1% 11.0% 11.0% 10.9% 10.3% 9.3% 9.7% 10.1% 10.8% +4.9% +6.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹4,429 Cr ₹5,183 Cr ₹5,506 Cr +17.0%
Operating Profit ₹487 Cr ₹511 Cr ₹552 Cr +4.9%
OPM % 10.99% 9.86% 10.02% -10.3%
NPM % 4.75% 3.89% 4.01% -18.1%
Other Income ₹13 Cr ₹11 Cr ₹9 Cr -13.9%
Depreciation ₹101 Cr ₹129 Cr ₹137 Cr +27.4%
Interest ₹117 Cr ₹124 Cr ₹127 Cr +6.2%
EBIT ₹386 Cr ₹382 Cr ₹415 Cr -1.0%
PBT ₹282 Cr ₹271 Cr ₹299 Cr -3.8%
Tax ₹33 Cr ₹30 Cr ₹38 Cr -8.7%
Net Profit ₹210 Cr ₹201 Cr ₹221 Cr -4.3%
EPS ₹13.37 ₹12.86 ₹14.10 -3.8%
Material Cost ₹1,354 Cr ₹1,584 Cr ₹1,854 Cr +17.0%
Employee Cost ₹185 Cr ₹207 Cr ₹225 Cr +11.6%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 16161616 +0.0%
Reserves 1,1191,3301,5281,719 +12.5%
Borrowings 6391,048828828 +0.0%
Other Liabilities 1,0088409941,254 +26.2%
Total Liabilities 2,7813,2343,3653,817 +13.4%
Fixed Assets 1,3491,4571,6281,826 +12.2%
CWIP 163346271142 -47.6%
Investments 491616 +0.0%
Other Assets 1,2651,4221,4511,833 +26.3%
Total Assets 2,7813,2343,3653,817 +13.4%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 34865518331 -36.1%
Cash from Investing Activity -128-370-192-184 +4.2%
Cash from Financing Activity -234292-354-144 +59.3%
Net Cash Flow -14-13-283 +110.7%
Free Cash Flow 212-316320136 -57.5%
CFO/OP 89%27%120%73% -39.2%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 32374043 +7.5%
Inventory Days 1019095102 +7.4%
Days Payable 957796108 +12.5%
Cash Conversion Cycle 37493938 -2.6%
Working Capital Days -7-2310 +233.3%
ROCE % 21%19%17%16% -5.9%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 61.15%61.15%61.15%61.15%61.14%61.21% +0.1%
FIIs 7.91%8.73%8.33%8.22%8.60%8.37% -2.7%
DIIs 5.27%4.62%4.71%5.08%3.14%1.38% -56.1%
Government 0.00%0.00%0.00%0.00%—— —
Public 25.67%25.51%25.83%25.57%27.12%29.04% +7.1%
No. of Shareholders 60,82361,66861,11657,83659,13367,858 +14.8%

⚖️ Peer comparison

Industry: Auto Ancillaries · top 25 of 61 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MSUMI Motherson Sumi ₹34.50 22,879 36.3 12,391 626 8.7% 5.1% 23.1% 3.0% 36.6% 1.6%
2 ARE&M Amara Raja ₹816.00 14,935 16.2 14,628 922 10.5% 6.3% 7.5% -5.2% 23.9% 15.9%
3 LUMAXTECH Lumax Auto ₹2,083.70 14,202 66.9 4,055 241 12.9% 5.9% 11.5% 4.9% 25.1% 22.5%
4 VARROC Varroc Engineering ₹876.45 13,392 44.6 8,666 301 9.9% 3.5% 21.0% 33.8% 28.2% 13.6%
5 ASKAUTOLTD ASK Automotive ₹625.00 12,321 38.9 4,643 317 12.3% 6.8% 16.0% 20.2% 52.4% 29.0%
6 BBTC Bombay Burmah ₹1,430.30 9,979 7.0 19,539 2,500 17.6% 12.8% 42.8% 49.8% 6.6% 33.5%
7 BANCOINDIA Banco Products ₹614.85 8,795 17.8 4,110 494 17.3% 12.0% 21.3% 22.6% 22.0% 11.7%
8 PRICOLLTD Pricol ₹710.35 8,658 32.3 4,251 268 11.6% 6.3% 50.1% 50.2% 23.5% 34.3%
9 SSWL Steel Strips ₹411.20 6,467 30.1 5,507 215 10.0% 3.9% 17.0% -1.2% 27.2% 46.1%
10 SUPRAJIT Suprajit Engineering ₹456.00 6,255 22.9 1,919 273 15.9% 14.2% -11.4% 14.8% 20.4% -3.6%
11 LGBBROSLTD LG Balakrishnan ₹1,729.00 5,515 17.3 3,217 319 15.3% 9.9% 19.3% 5.6% 21.6% 0.1%
12 WHEELS Wheels India ₹2,229.00 5,446 33.3 5,690 166 7.6% 2.9% 15.2% 40.3% 17.8% 27.3%
13 LUMAXIND Lumax Industries ₹5,801.00 5,423 28.9 4,485 188 9.7% 4.2% 23.5% 23.7% 32.6% 41.1%
14 SHARDAMOTR Sharda Motor ₹899.85 5,166 15.6 3,652 332 11.6% 9.1% 19.8% 9.7% 33.7% -13.4%
15 JAMNAAUTO Jamna Auto ₹128.52 5,141 22.0 2,650 233 15.3% 8.8% 15.1% 28.3% 6.7% 6.1%
16 FIEMIND Fiem Industries ₹1,927.90 5,074 19.3 2,932 263 14.0% 9.0% 16.2% 24.8% 17.7% 12.8%
17 SUBROS Subros ₹673.55 4,394 26.4 3,910 166 8.3% 4.2% 11.5% 9.9% 17.5% 1.7%
18 HARSHA Harsha Engineers ₹468.70 4,267 27.6 1,719 155 14.6% 9.0% 15.6% 74.0% 25.2% -1.5%
19 RML Rane (Madras) ₹1,361.10 3,762 31.6 4,024 119 8.8% 3.0% 56.1% 1090.7% 18.3% 62.4%
20 DIVGIITTS Divgi Torqtransfer ₹1,144.30 3,500 55.3 419 63 22.4% 15.1% 61.6% 95.8% 90.5% 180.4%
21 JTEKTINDIA Jtekt India ₹119.93 3,327 46.1 2,817 71 7.4% 2.5% 11.1% 1.3% 26.9% -43.4%
22 SANDHAR Sandhar Technologies ₹534.40 3,224 15.5 5,144 208 9.0% 4.0% 24.9% 20.6% 26.8% —
23 CARRARO Carraro India ₹508.85 2,893 21.8 2,308 133 9.3% 5.8% 24.8% 48.1% 10.5% 7.8%
24 INDNIPPON India Nippon ₹1,235.20 2,794 24.3 1,148 115 11.1% 10.0% 26.4% 35.3% 35.5% 16.5%
25 AUTOAXLES Automotive Axles ₹1,681.00 2,540 14.6 2,205 175 11.3% 7.9% 4.8% 5.8% 5.7% 26.7%
❓ Frequently asked questions
What was Steel Strips Wheels Limited's revenue in Q1 FY27?
Steel Strips Wheels Limited reported revenue of ₹1,510 crore for the quarter ended June 2026 (Q1 FY27), up 27.2% from ₹1,187 crore in the same quarter last year, and up 2.4% sequentially over the March 2026 quarter.
What was Steel Strips Wheels Limited's net profit in Q1 FY27?
Net profit rose 39.1% year-on-year to ₹69 crore, from ₹50 crore. Earnings per share (EPS) came in at ₹4.42.
What is SSWL's market capitalisation and P/E ratio?
At the current price of ₹418.10, SSWL has a market capitalisation of ₹6,575 crore and a trailing P/E of about 29.8.
Who owns Steel Strips Wheels Limited? (shareholding pattern)
As of Sep 2026, promoters held 61.21%, foreign institutional investors (FIIs) 8.37%, domestic institutional investors (DIIs) 1.38%, public shareholders 29.04% of Steel Strips Wheels Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI