Is Steel Str. Wheel overvalued or undervalued?

As of May 15, 2025, Steel Str. Wheel is considered undervalued with an attractive valuation grade, supported by a PE ratio of 19.54 and strong growth potential, especially when compared to peers like Samvardhana Motherson and Bosch, and has outperformed the Sensex with a year-to-date return of 26.86%.

As of 15 May 2025, the valuation grade for Steel Str. Wheel has moved from fair to attractive, indicating a more favorable assessment of its market position. The company is currently considered undervalued, supported by a PE ratio of 19.54, an EV to EBITDA of 9.57, and a PEG ratio of 0.00, which suggests strong growth potential relative to its price. <BR><BR>In comparison to its peers, Steel Str. Wheel's valuation metrics are notably more attractive, particularly when juxtaposed with Samvardhana Motherson, which has a PE of 29.14, and Bosch, which is categorized as expensive with a PE of 46.21. Additionally, Steel Str. Wheel's recent stock performance has outpaced the Sensex, with a year-to-date return of 26.86% compared to the Sensex's 5.59%, reinforcing the notion that the stock may be undervalued in the current market context.

Who are the top shareholders of the Steel Str. Wheel?

The top shareholders of Steel Str. Wheel include promoters, with Dheeraj Garg as the largest individual shareholder at 29.57%. Institutional investors hold 6.71%, Tata Steel Limited holds 6.93%, and individual investors own 15.51% of the shares.

The top shareholders of Steel Str. Wheel include a mix of promoters, institutional investors, and individual shareholders. The majority of the shares are held by promoters, with Dheeraj Garg being the largest individual shareholder, holding 29.57%. <BR><BR>In terms of institutional investment, 25 Foreign Institutional Investors (FIIs) collectively hold 6.71% of the company, while mutual funds have a minor stake through three schemes, totaling 1.1%. The highest public shareholder is Tata Steel Limited, which holds 6.93%. Individual investors also have a significant presence, owning 15.51% of the shares.

how big is Steel Str. Wheel?

As of Jun 06, Steel Strips Wheels Ltd has a market capitalization of 3,829.08 Cr and reported net sales of 4,429.00 Cr and net profit of 195.29 Cr over the latest four quarters. Shareholder's funds are 1,442.24 Cr, with total assets of 3,303.61 Cr as of Mar'24.

Market Cap: Steel Strips Wheels Ltd has a market capitalization of 3,829.08 Cr and is classified as a Small Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 4,429.00 Cr. The sum of Net Profit for the same period is 195.29 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 1,442.24 Cr, while Total Assets amount to 3,303.61 Cr.

When is the next results date for Steel Str. Wheel?

No Upcoming Board Meetings

Has Steel Str. Wheel declared dividend?

Steel Strips Wheels Ltd has declared a 100% dividend, amounting to ₹1 per share, with an ex-date of September 23, 2024. The company has shown strong total returns across various periods, including a total return of 550.23% over the last 5 years.

Steel Strips Wheels Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 1 per share<BR>- Ex-date: 23 Sep 24<BR><BR>Dividend Yield: 0.41%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 17.27%, with no dividend return, resulting in a total return of 17.27%.<BR><BR>Over the past year, the price return was 16.58%, with a dividend return of 0.46%, leading to a total return of 17.04%.<BR><BR>In the 2-year period, the price return was 54.83%, with a dividend return of 1.07%, resulting in a total return of 55.9%.<BR><BR>For the 3-year period, the price return was 56.06%, with a dividend return of 3.69%, culminating in a total return of 59.75%.<BR><BR>In the last 4 years, the price return was 215.07%, with a dividend return of 9.88%, producing a total return of 224.95%.<BR><BR>Over the 5-year period, the price return was 532.34%, with a dividend return of 17.89%, leading to a total return of 550.23%.<BR><BR>Overall, Steel Strips Wheels Ltd has declared a significant dividend while also demonstrating strong total returns across various periods, indicating a positive performance trend for investors.

Who are the peers of the Steel Str. Wheel?

Peers of Steel Str. Wheel include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, JTEKT India, SJS Enterprises, Sandhar Tech, Lumax Industries, and Automotive Axles. Steel Str. Wheel has good management and growth ratings, with a 1-year return of 14.17%, higher than Bharat Forge but lower than SJS Enterprises.

Peers: The peers of Steel Str. Wheel are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, JTEKT India, SJS Enterprises, Sandhar Tech, Lumax Industries, and Automotive Axles.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India, Tube Investments, and SJS Enterprises, while Good management risk is found at Bosch, Bharat Forge, Steel Str. Wheel, and JTEKT India. Average management risk is noted at Samvardh. Mothe., Sandhar Tech, Lumax Industries, and Automotive Axles. For Growth, Excellent growth is seen at Samvardh. Mothe., Schaeffler India, and Tube Investments, while Good growth is found at Bharat Forge and Steel Str. Wheel, and Average growth is noted at Bosch, JTEKT India, and SJS Enterprises. Below Average growth is observed at Sandhar Tech and Lumax Industries. In terms of Capital Structure, Excellent capital structure is present at Bosch, Schaeffler India, Tube Investments, JTEKT India, and SJS Enterprises, while Good capital structure is seen at Steel Str. Wheel, Average at Bharat Forge and Sandhar Tech, and Below Average at Lumax Industries.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SJS Enterprises at 53.22%, while the lowest is Bharat Forge at -20.78%. Steel Str. Wheel's 1-year return of 14.17% is higher than Bharat Forge's but lower than SJS Enterprises'. Additionally, the peers with negative six-month returns include Samvardh. Mothe., Bosch, Tube Investments, JTEKT India, and Automotive Axles.

Who are in the management team of Steel Str. Wheel?

As of March 2023, the management team of Steel Str. Wheel includes R K Garg (Chairman), Dheeraj Garg (Managing Director), and several other directors, both executive and independent, totaling 13 members. This diverse team oversees the governance and management of the company.

As of March 2023, the management team of Steel Str. Wheel includes the following individuals:<BR><BR>1. R K Garg - Chairman (Non-Executive)<BR>2. Dheeraj Garg - Managing Director<BR>3. Manohar Lal Jain - Whole-time Director<BR>4. Shaman Jindal - Company Secretary & Compliance Officer<BR>5. A V Unnikrishnan - Deputy Managing Director<BR>6. Sanjay Surajprakash Sahni - Nominee<BR>7. Virander Kumar Arya - Independent Director<BR>8. Shashi Bhushan Gupta - Independent Director<BR>9. Ajit Singh Chatha - Independent Director<BR>10. Surinder Singh Virdi - Independent Director<BR>11. Sanjay Garg - Non-Executive Director<BR>12. Deva Bharathi Reddy - Independent Director<BR>13. Siddharth Bansal - Independent Director<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and management of the company.

What does Steel Str. Wheel do?

Steel Strips Wheels Ltd is a prominent manufacturer of automotive wheel rims and components, established in 1985, with a market cap of INR 3,894 Cr and reported net sales of 12,339 Cr and net profit of 607 Cr for March 2025. Key financial metrics include a P/E ratio of 20.00 and a dividend yield of 0.41%.

Overview:<BR>Steel Strips Wheels Ltd is a leading manufacturer of automotive wheel rims and other auto components, operating in the Auto Components & Equipments industry within the small-cap market segment.<BR><BR>History:<BR>Steel Strips Wheels Ltd was established on February 28, 1985, and commenced commercial production in 1991. The latest quarterly results reported are for March 2025, showing significant sales and profit figures.<BR><BR>Financial Snapshot:<BR>Net Sales: 12,339 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 607 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 3,894 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00 <BR>Industry P/E: 39 <BR>Dividend Yield: 0.41% <BR>Debt Equity: 0.50 <BR>Return on Equity: 12.01% <BR>Price to Book: 2.34 <BR><BR>Contact Details:<BR>Address: Village Somalheri/Lehli, PO Dappar Tehsil Derabassi Mohali Punjab : 140506 <BR>Tel: 91-172-2793112 <BR>Email: ssl_ssg@glide.net.in <BR>Website: http://www.sswlindia.com

Are Steel Str. Wheel latest results good or bad?

Steel Strips Wheels' latest Q2 FY26 results show revenue growth of 1.16% QoQ and 9.63% YoY, but net profit fell sharply by 24.81% QoQ and 22.97% YoY to ₹35.52 crore, indicating significant margin pressures and operational challenges. Overall, the results are more negative than positive, suggesting caution for investors.

Steel Strips Wheels' latest results for Q2 FY26 indicate a challenging performance. While the company achieved a revenue growth of 1.16% quarter-on-quarter (QoQ) and 9.63% year-on-year (YoY), its net profit saw a significant decline of 24.81% QoQ and 22.97% YoY, dropping to ₹35.52 crore. This sharp decrease in profit, despite revenue growth, highlights serious margin pressures that the company is currently facing.<BR><BR>The operating margin also contracted to 9.29%, the lowest in recent quarters, which reflects deteriorating operational efficiency. Additionally, rising interest costs have further strained profitability, leading to concerns about the company's financial flexibility.<BR><BR>Overall, the results suggest that while Steel Strips Wheels is managing to grow its top line, the bottom line is under significant pressure, making the latest results more negative than positive. Investors may need to be cautious given the ongoing challenges in maintaining profitability.

How has been the historical performance of Steel Str. Wheel?

Steel Str. Wheel has experienced steady growth in net sales and total assets over the past four years, but profitability has been inconsistent, with significant declines in profit after tax in the last fiscal year. Operating profit improved slightly, while total expenditure increased, impacting overall financial performance.

Answer:<BR>The historical performance of Steel Str. Wheel shows a mixed trend over the past four years, with fluctuations in key financial metrics.<BR><BR>Breakdown:<BR>Steel Str. Wheel's net sales have steadily increased from 3,559.95 Cr in Mar'22 to 4,429.00 Cr in Mar'25, indicating a positive growth trajectory. Total operating income followed a similar trend, rising from 3,559.95 Cr in Mar'22 to 4,429.00 Cr in Mar'25. However, total expenditure has also increased, from 3,107.17 Cr in Mar'22 to 3,944.66 Cr in Mar'25, which has impacted profitability. Operating profit (PBDIT) saw a modest increase from 465.81 Cr in Mar'22 to 487.51 Cr in Mar'25, while profit before tax fluctuated, peaking at 743.88 Cr in Mar'24 before dropping to 259.13 Cr in Mar'25. Profit after tax also decreased significantly from 675.13 Cr in Mar'24 to 195.42 Cr in Mar'25. The company's total assets grew from 2,701.59 Cr in Mar'22 to 3,398.91 Cr in Mar'25, while total liabilities increased from 2,701.59 Cr to 3,398.91 Cr over the same period. Cash flow from operating activities improved to 516.00 Cr in Mar'25 from 192.00 Cr in Mar'24, although the net cash outflow was recorded at -32.00 Cr in Mar'25. Overall, while Steel Str. Wheel has shown growth in sales and assets, profitability has been inconsistent, particularly in the last fiscal year.

Is Steel Str. Wheel technically bullish or bearish?

As of December 3, 2025, the technical trend has shifted to a moderately strong bearish stance, supported by bearish indicators such as the weekly MACD, daily moving averages, and underperformance against the Sensex.

As of 3 December 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the weekly MACD being bearish, daily moving averages indicating a bearish trend, and the weekly KST also showing bearish momentum. The Bollinger Bands are mildly bearish on both weekly and monthly time frames, further supporting the bearish outlook. The stock has underperformed the Sensex over the past month and year, indicating weakness in relative performance.

Which are the latest news on Steel Str. Wheel?

Should I buy, sell or hold Steel Str. Wheel?

Why is Steel Str. Wheel falling/rising?

As of 04-Dec, Steel Strips Wheels Ltd's stock price is rising slightly by 0.15%, but it has declined 13.91% over the past month, indicating long-term underperformance. Despite high management efficiency and trading at a discount, decreased investor participation and negative quarterly results suggest ongoing challenges for the stock.

As of 04-Dec, Steel Strips Wheels Ltd's stock price is currently rising, with a change of 0.3 (0.15%) up from the previous close. This increase is occurring despite a challenging performance over the past month, where the stock has declined by 13.91%, while the benchmark Sensex has increased by 2.16%. <BR><BR>The stock's current price is higher than its 5-day moving averages, indicating a short-term positive trend. However, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that the stock is still underperforming in the longer term. <BR><BR>Investor participation has notably decreased, with delivery volume falling by 75.19% against the 5-day average, which may indicate a lack of confidence among investors. Despite this, the stock is considered liquid enough for trading, which could support its current price stability.<BR><BR>On a positive note, the company exhibits high management efficiency with a return on capital employed (ROCE) of 15.43%, and it is trading at a discount compared to its peers' average historical valuations. However, the stock has generated a return of -8.60% over the past year, and its profits have decreased by 2.2%, reflecting underlying challenges.<BR><BR>Overall, while the stock is experiencing a slight rise in price today, the broader context of poor long-term growth, negative quarterly results, and declining investor participation suggests that the stock may face ongoing challenges moving forward.