Steel Strips Wheels Ltd.
Fundamentals
- Market cap
- ₹3,618 cr
- P/E
- 19.02×
- ROE
- 12.01%
- Debt / equity
- 0.51
- Div yield
- 0.64%
- 52-week range
- 169.00 — 279.60
Analysis — the numbers vs the call
- Steel Strips Wheels: strong Q1, steel turnaround, and a ₹150 cr credibility gap
Q1 profit jumps 43% but management’s steel wheel reversal and unannounced capex raise questions on capital allocation.
Steel Strips Wheels Ltd.
Latest quarter · Jun 2026
Strength & growth
The timeline — 5 notes on Steel Strips Wheels Ltd.
July 2026
- 16 Jul 26 · 10:59 AM IST Brief Brief · Concalls · Small cap
Steel Strips Wheels sees steel wheel revival, lifts capex to ₹650 cr, delays knuckle
Revenue up 27%, EBITDA per wheel hits ₹314. Management guides 20% full-year growth but holds off on guidance upgrade until Q2. The real surprise: steel wheels after 15 years of decline.
- 15 Jul 26 · 1:15 PM IST Brief Brief · Earnings · Small cap
Steel Strips Wheels Q1 profit jumps 43% to ₹71.5 cr
Revenue climbs 27% to ₹1,509.82 cr, putting the FY27 EBITDA target of ₹650 cr within reach. A strong start to the year, though the market expected a solid quarter.
- 15 Jul 26 · 12:21 PM IST Brief Brief · Earnings · Small cap
Steel Strips Wheels Q1 profit jumps 43% to ₹71.5 cr
Revenue rose 27% to ₹1,510 cr in the first quarter of FY27, a strong start after the company set a ₹650 cr EBITDA target for the year.
June 2026
- 17 Jun 26 · 12:09 PM IST Brief Brief · Small cap
Steel Strips Wheels pays ₹1.7 cr Customs notice before it's even issued
The show-cause notice for duty drawback and RoDTEP violations is for a negligible 0.05% of market cap. Company says no financial liability remains.
- 05 Jun 26 · 5:34 PM IST Brief Brief · Earnings · Small cap
SSWL sets ₹650 cr EBITDA target for FY27, plans ₹500 cr Bhuj plant
Management guided for a profit of about ₹300 per wheel on near-full capacity. A new aluminium facility is on track for year-end trials.