About
Steel Strips Wheels Limited engages in the design, manufacture, and sale of automotive wheel rims and other auto components in India and internationally. It offers steel wheels rims, alloy wheel rims, and hot rolling mills for two and three wheelers, passenger cars, multi utility vehicles, tractors, commercial vehicles, and OTR vehicles; trailer and caravan; and aluminium steering knuckle. The company was incorporated in 1985 and is headquartered in Chandigarh, India.
Key Metrics
as of Sep 2026Market Cap5,689 Cr
P/E26.80
Div Yield0.35 %
Book Value₹115.00
52w High₹367.00
52w Low₹169.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,510.00 | 1,475.00 | 1,321.00 | 1,201.00 | 1,187.00 | 1,234.00 | 1,075.00 | 1,095.00 | 1,025.00 | 1,069.00 | 1,110.00 | 1,134.00 | 1,044.00 |
| Expenses | 1,347.00 | 1,325.00 | 1,193.00 | 1,089.00 | 1,065.00 | 1,100.00 | 957.00 | 976.00 | 912.00 | 959.00 | 994.00 | 1,009.00 | 932.00 |
| Operating Profit | 163.00 | 150.00 | 127.00 | 111.00 | 122.00 | 134.00 | 118.00 | 119.00 | 113.00 | 110.00 | 117.00 | 124.00 | 113.00 |
| OPM % | 11.00 | 10.00 | 10.00 | 9.00 | 10.00 | 11.00 | 11.00 | 11.00 | 11.00 | 10.00 | 10.00 | 11.00 | 11.00 |
| Other Income | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 478.00 | 2.00 | 3.00 | 4.00 |
| Depreciation | 38.00 | 37.00 | 35.00 | 32.00 | 32.00 | 28.00 | 27.00 | 28.00 | 29.00 | 37.00 | 22.00 | 22.00 | 22.00 |
| Interest | 32.00 | 31.00 | 32.00 | 32.00 | 29.00 | 29.00 | 26.00 | 30.00 | 31.00 | 28.00 | 25.00 | 26.00 | 24.00 |
| Profit before tax | 93.00 | 83.00 | 62.00 | 48.00 | 61.00 | 78.00 | 64.00 | 62.00 | 55.00 | 523.00 | 71.00 | 79.00 | 71.00 |
| Tax % | 26.00 | 27.00 | 24.00 | 26.00 | 23.00 | 22.00 | 26.00 | 26.00 | 25.00 | 1.00 | 16.00 | 34.00 | 33.00 |
| Net Profit | 69.00 | 61.00 | 47.00 | 36.00 | 47.00 | 61.00 | 48.00 | 46.00 | 41.00 | 516.00 | 59.00 | 52.00 | 47.00 |
| EPS in Rs | 4.42 | 3.87 | 2.97 | 2.26 | 3.01 | 3.87 | 3.04 | 2.94 | 2.60 | 32.85 | 3.79 | 3.34 | 3.03 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Sales | 5,183.00 | 4,429.00 | 4,357.00 | 4,041.00 | 3,560.00 |
| Expenses | 4,673.00 | 3,945.00 | 3,894.00 | 3,598.00 | 3,107.00 |
| Operating Profit | 510.00 | 484.00 | 464.00 | 443.00 | 453.00 |
| OPM % | 10.00 | 11.00 | 11.00 | 11.00 | 13.00 |
| Other Income | 3.00 | 3.00 | 487.00 | 12.00 | 13.00 |
| Interest | 123.00 | 117.00 | 103.00 | 84.00 | 85.00 |
| Depreciation | 136.00 | 111.00 | 104.00 | 80.00 | 77.00 |
| Profit before tax | 254.00 | 259.00 | 743.00 | 291.00 | 304.00 |
| Tax % | 25.00 | 25.00 | 9.00 | 33.00 | 32.00 |
| Net Profit | 190.00 | 195.00 | 675.00 | 194.00 | 205.00 |
| EPS in Rs | 12.10 | 12.44 | 42.99 | 12.38 | 13.16 |
| Dividend Payout % | 0.00 | 10.00 | 2.00 | 8.00 | 6.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Equity Capital | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 |
| Reserves | 1,789.00 | 1,610.00 | 1,427.00 | 1,119.00 | 936.00 |
| Borrowings | 828.00 | 828.00 | 1,048.00 | 639.00 | 778.00 |
| Other Liabilities | 1,198.00 | 946.00 | 802.00 | 1,008.00 | 972.00 |
| Total Liabilities | 3,831.00 | 3,399.00 | 3,293.00 | 2,781.00 | 2,702.00 |
| Fixed Assets | 1,971.00 | 1,782.00 | 1,628.00 | 1,349.00 | 1,360.00 |
| CWIP | 154.00 | 288.00 | 363.00 | 163.00 | 97.00 |
| Investments | 10.00 | 10.00 | 4.00 | 4.00 | 0.00 |
| Other Assets | 1,695.00 | 1,318.00 | 1,298.00 | 1,265.00 | 1,245.00 |
| Total Assets | 3,831.00 | 3,399.00 | 3,293.00 | 2,781.00 | 2,702.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Cash from Operating Activity | 332.00 | 517.00 | 193.00 | 348.00 | 406.00 |
| Cash from Investing Activity | -186.00 | -196.00 | -365.00 | -128.00 | -154.00 |
| Cash from Financing Activity | -144.00 | -354.00 | 171.00 | -234.00 | -248.00 |
| Net Cash Flow | 1.00 | -33.00 | -1.00 | -14.00 | 5.00 |
| Free Cash Flow | 143.00 | 326.00 | -188.00 | 212.00 | 241.00 |
| CFO/OP % | 73.00 | 120.00 | 55.00 | 89.00 | 100.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Debtor Days | 43.00 | 40.00 | 37.00 | 32.00 | 40.00 |
| Inventory Days | 102.00 | 95.00 | 90.00 | 101.00 | 108.00 |
| Days Payable | 108.00 | 96.00 | 77.00 | 95.00 | 110.00 |
| Cash Conversion Cycle | 38.00 | 39.00 | 49.00 | 37.00 | 38.00 |
| Working Capital Days | 0.00 | -9.00 | -14.00 | -7.00 | -6.00 |
| ROCE % | 15.00 | 15.00 | 17.00 | 21.00 | — |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 23 Sep 2025 | 23 Sep 2025 | — | 1.25 | |
| Dividend | 23 Sep 2024 | — | — | 1.00 | |
| Dividend | 14 Aug 2023 | — | — | 1.00 | |
| Split | 10 Nov 2022 | 11 Nov 2022 | 5:1 | — | |
| Dividend | 22 Sep 2022 | — | — | 3.75 | |
| Split | 18 Nov 2021 | 22 Nov 2021 | 10:5 | — | |
| Dividend | 22 Sep 2021 | — | — | 2.00 | |
| Other | 22 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 20 Sep 2019 | — | — | 4.00 | |
| Dividend | 19 Sep 2018 | — | — | 4.00 | |
| Dividend | 20 Sep 2017 | — | — | 3.00 | |
| Dividend | 22 Sep 2016 | — | — | 1.50 | |
| Dividend | 30 Oct 2015 | 02 Nov 2015 | — | 1.50 | |
| Dividend | 22 Sep 2015 | — | — | 2.00 | |
| Dividend | 18 Sep 2014 | — | — | 1.50 | |
| Dividend | 19 Sep 2013 | — | — | 1.50 | |
| Dividend | 18 Sep 2012 | — | — | 1.50 | |
| Dividend | 19 Sep 2011 | — | — | 1.50 | |
| Dividend | 17 Sep 2010 | — | — | 1.00 | |
| Other | 17 Sep 2009 | — | — | — | Annual General Meeting |
| Dividend | 18 Sep 2008 | — | — | 1.60 | NSE/BSE dividend mismatch: NSE=0.16; BSE=1.6 |
| Dividend | 18 Sep 2008 | — | — | 0.16 | NSE/BSE dividend mismatch: NSE=0.16; BSE=1.6 |
| Dividend | 13 Sep 2007 | — | — | 1.60 | NSE/BSE dividend mismatch: NSE=0.16; BSE=1.6 |
| Dividend | 13 Sep 2007 | — | — | 0.16 | NSE/BSE dividend mismatch: NSE=0.16; BSE=1.6 |
| Dividend | 14 Sep 2006 | — | — | 0.16 | |
| Other | 12 Aug 2005 | — | — | — | Agm |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update18 Feb from fitch
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Rating update13 Oct 2023 from fitch
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Rating update18 Jul 2022 from fitch
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Rating update20 Sep 2021 from fitch
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Rating update9 Mar 2021 from fitch
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Rating update2 Jun 2020 from fitch