Steel Str. Wheel

Why is Steel Strips Wheels Ltd falling/rising?

As of N/A, Steel Strips Wheels Ltd's stock price is at 316.35, down 0.53%, but has increased 41.83% over the past year, outperforming the market. Despite strong financial indicators and a solid position, recent declines may reflect reduced institutional investor confidence and cautious long-term growth prospects.

As of N/A, Steel Strips Wheels Ltd's stock price is currently at 316.35, reflecting a decrease of 1.7 points or 0.53%. Despite this recent decline, the stock has shown strong performance over various time periods, with a notable increase of 41.83% over the past year, significantly outperforming the market, which has returned only 2.91% during the same timeframe. <BR><BR>The company's positive financial indicators, including a high return on capital employed (ROCE) of 16.34% and strong net sales of Rs 1,509.82 crore, suggest robust management efficiency and operational strength. Additionally, the company has maintained a low debt-equity ratio of 0.46 times, indicating a solid financial position. However, the stock's recent decline could be attributed to a slight decrease in institutional investor participation, which has fallen by 1.55% in the previous quarter, potentially signaling a lack of confidence among these investors.<BR><BR>While the stock has demonstrated impressive growth, the long-term outlook appears cautious, as operating profit has only grown at an annual rate of 4.06% over the last five years. This combination of strong short-term performance but concerns regarding long-term growth prospects may contribute to the current downward movement in the stock price.

Which are the latest news on Steel Str. Wheel?

Are Steel Strips Wheels Ltd latest results good or bad?

Steel Strips Wheels Ltd's latest results are positive, with a net profit of ₹69.45 crores, a 47.02% year-on-year increase, and revenue rising by 27.22% to ₹1,509.82 crores. The company has improved its operating margins and demonstrated resilience in managing raw material costs, indicating strong growth and operational efficiency.

Steel Strips Wheels Ltd's latest results are quite positive. In Q1 FY27, the company reported a net profit of ₹69.45 crores, which represents a significant year-on-year increase of 47.02%. Revenue also saw a substantial rise, reaching ₹1,509.82 crores, marking a 27.22% increase compared to the same quarter last year. <BR><BR>Operating margins improved to 10.79%, the highest in recent quarters, indicating effective cost management and operational efficiency despite challenges in raw material prices. Additionally, the company's PAT margins increased to 4.60% from 3.98% in the previous year, further underscoring its ability to enhance profitability.<BR><BR>The financial performance reflects strong demand in both domestic and export markets, positioning Steel Strips Wheels favorably within the auto components sector. The company has also shown resilience in navigating raw material volatility, which is a critical factor in the automotive industry.<BR><BR>Overall, the results indicate a robust growth trajectory for Steel Strips Wheels, making them a positive reflection of the company's operational and financial health.

Should I buy, sell or hold Steel Strips Wheels Ltd?

How big is Steel Str. Wheel?

As of 10th June, Steel Strips Wheels Ltd has a market capitalization of 3,626.00 Cr, with net sales of 5,182.79 Cr and a net profit of 190.22 Cr reported in the latest four quarters. The company has shareholder's funds of 1,625.68 Cr and total assets of 3,398.91 Cr for the annual period ending in March 2025.

As of 10th June, Steel Strips Wheels Ltd has a market capitalization of 3,626.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 5,182.79 Cr and a net profit of 190.22 Cr.<BR><BR>For the latest annual period ending in March 2025, Steel Strips Wheels Ltd had shareholder's funds amounting to 1,625.68 Cr and total assets of 3,398.91 Cr.

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

The management team of Steel Str. Wheel includes R K Garg (Chairman), Dheeraj Garg (Managing Director), Manohar Lal Jain (Whole-time Director), and several independent and non-executive directors, overseeing the company's operations and strategic direction.

The management team of Steel Str. Wheel includes the following key members:<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 is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Steel Str. Wheel?

Peers of Steel Str. Wheel include L G Balakrishnan, Sandhar Tech, Sharda Motor, NRB Bearings, Wheels India, Rolex Rings, JTEKT India, Uniparts India, Carraro India, and Sundaram Clayton. Steel Str. Wheel has average management risk, a below-average capital structure, and a 1-year return of -7.48%, better than Sharda Motor but lower than most peers.

Peers: The peers of Steel Str. Wheel are L G Balakrishnan, Sandhar Tech, Sharda Motor, NRB Bearings, Wheels India, Rolex Rings, JTEKT India, Uniparts India, Carraro India, and Sundaram Clayton.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sharda Motor and JTEKT India, while Good management risk is found at L G Balakrishnan, NRB Bearings, Wheels India, Rolex Rings, Steel Str. Wheel, Carraro India, and the rest. Average management risk is present at Sandhar Tech and Uniparts India, while Below Average management risk is noted at Sundaram Clayton. Growth is Excellent at Wheels India and JTEKT India, Good at Sharda Motor and Carraro India, Average at Sandhar Tech and the rest, and Below Average at L G Balakrishnan, NRB Bearings, Rolex Rings, Steel Str. Wheel, and Uniparts India. Capital Structure is Excellent at L G Balakrishnan, Sharda Motor, NRB Bearings, and Uniparts India, Good at Carraro India, Average at Steel Str. Wheel, and Below Average at Wheels India and Sundaram Clayton.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Wheels India at 114.33%, while the lowest is Sharda Motor at -21.72%. Steel Str. Wheel's 1-year return is -7.48%, which is higher than Sharda Motor's but lower than most peers. Additionally, the six-month return is negative for Sharda Motor, JTEKT India, and Carraro India.

What does Steel Str. Wheel do?

Steel Strips Wheels Ltd is a small-cap manufacturer of automotive wheel rims and components, with net sales of ₹1,475 Cr and a net profit of ₹61 Cr for the quarter ending March 2026. The company has a market cap of ₹3,626 Cr and key financial metrics include a P/E ratio of 19.00 and a dividend yield of 0.53%.

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 net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 1,475 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 61 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 3,626 Cr (Small Cap) <BR><BR>Key Metrics: <BR>P/E: 19.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.53% <BR>Debt Equity: 0.45 <BR>Return on Equity: 10.54% <BR>Price to Book: 2.04 <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

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.

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 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.

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.