Steel Str. Wheel

Which are the latest news on Steel Str. Wheel?

Why is Steel Strips Wheels Ltd falling/rising?

As of 05-Sep, Steel Strips Wheels Ltd's stock price is rising, currently at Rs 361.85, with a notable 86.66% increase year-to-date. Despite a decrease in delivery volume indicating potential investor concern, strong fundamentals and recent performance support the stock's upward trend.

As of 05-Sep, Steel Strips Wheels Ltd's stock price is rising, currently at Rs 361.85, reflecting an increase of 0.95 (0.26%). The stock has shown strong performance over various periods, with a notable 22.49% increase over the past week, and an impressive 86.66% rise year-to-date, significantly outperforming the Sensex, which has declined by 10.21% during the same timeframe. <BR><BR>Today's performance indicates that the stock is close to its 52-week high, just 1.05% away from Rs 366.3, and has outperformed its sector by 0.5%. Additionally, the stock has been on a consecutive gain streak for the last two days, accumulating a total return of 3.73% in this period. It is also trading above its moving averages across various timeframes, which typically signals positive momentum.<BR><BR>However, there are some concerns regarding investor participation, as delivery volume has decreased by 39.42% compared to the 5-day average, indicating a potential decline in interest among investors. Despite this, the company's strong fundamentals, including a high return on capital employed (ROCE) of 16.34% and attractive valuation metrics, support the stock's upward movement. Overall, the combination of strong recent performance, positive financial results, and a favorable valuation relative to peers contributes to the rising stock price of Steel Strips Wheels Ltd.

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), and several directors, both executive and independent, overseeing the company's operations and strategic direction.

The management team of Steel Str. Wheel includes the following 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 company's operations and strategic direction.

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 ₹1,510 Cr and a net profit of ₹69 Cr reported for June 2026. The company has a market cap of ₹4,664 Cr and key metrics include a P/E ratio of 23.00 and a dividend yield of 0.42%.

Overview:<BR>Steel Strips Wheels Ltd is a leading manufacturer of automotive wheel rims and other auto components, operating within the auto components and equipment industry as a small-cap company.<BR><BR>History:<BR>Steel Strips Wheels Ltd was established on February 28, 1985, and commenced commercial production in 1991. The latest reported quarter for net sales and profit is June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1,510 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 69 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 4,664 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 0.42% <BR>Debt-Equity: 0.45 <BR>Return on Equity: 10.54% <BR>Price to Book: 2.57 <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

Who are the peers of the Steel Str. Wheel?

Peers of Steel Str. Wheel include L G Balakrishnan, Sharda Motor, Rolex Rings, Jamna Auto Inds., Subros, NRB Bearings, Uniparts India, Sandhar Tech, and Wheels India. Uniparts India has the highest 1-year return at 126.09%, while Steel Str. Wheel's return is 41.58%, and Subros has the lowest at -17.64%.

Peers: The peers of Steel Str. Wheel are L G Balakrishnan, Sharda Motor, Rolex Rings, Jamna Auto Inds., Subros, NRB Bearings, Uniparts India, Sandhar Tech, and Wheels India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sharda Motor and Jamna Auto Inds., while Good management risk is found at L G Balakrishnan, Rolex Rings, NRB Bearings, and Wheels India. Average management risk is noted for Subros and Uniparts India, and the rest have Average management risk. All peers exhibit Below Average growth, except for Wheels India, which has Good growth, while Sandhar Tech shows Average growth. Excellent capital structure is seen in L G Balakrishnan, Sharda Motor, Rolex Rings, Jamna Auto Inds., NRB Bearings, Uniparts India, and the rest have Average capital structure.<BR><BR>Return Snapshot: Uniparts India has the highest 1-year return at 126.09%, while Subros has the lowest at -17.64%. Steel Str. Wheel's 1-year return of 41.58% is significantly higher than Subros but lower than Uniparts India. Additionally, Subros is the only peer with a negative six-month return.

How big is Steel Str. Wheel?

As of 31st August, Steel Strips Wheels Ltd has a market capitalization of 4,664.00 Cr, with recent net sales of 5,505.83 Cr and a net profit of 212.43 Cr.

As of 31st August, Steel Strips Wheels Ltd has a market capitalization of 4,664.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest 4 quarters, the company reported Net Sales of 5,505.83 Cr and a Net Profit of 212.43 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 1,625.68 Cr and Total Assets of 3,398.91 Cr.

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?

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.