Steel Str. Wheel

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

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.

Are Steel Strips Wheels Ltd latest results good or bad?

Steel Strips Wheels Ltd's latest results show strong sequential growth with a 30.55% increase in net profit and an 11.65% rise in revenue QoQ, but year-on-year profit growth is flat at 0.31% and operating margins have contracted, indicating underlying challenges despite positive quarterly performance. Overall, the results are mixed, reflecting both progress and caution.

Steel Strips Wheels Ltd's latest results present a mixed picture. In Q4 FY26, the company reported a net profit of ₹60.85 crores, which is a significant increase of 30.55% quarter-on-quarter (QoQ). Additionally, revenue reached ₹1,474.63 crores, reflecting an 11.65% QoQ growth and a notable 19.51% increase year-on-year (YoY). This marks the highest quarterly revenue in the company's history, indicating strong operational execution.<BR><BR>However, when looking at the year-on-year performance, the net profit growth was virtually flat at just 0.31%, which raises concerns about profitability despite the revenue increase. Operating margins also contracted by 72 basis points YoY, from 10.88% to 10.16%, signaling challenges in maintaining profitability levels.<BR><BR>Furthermore, the company's stock has underperformed significantly compared to its sector, declining 13.70% over the past year, which is a stark contrast to the broader auto components sector that delivered positive returns. This underperformance, combined with declining return ratios and margin pressures, suggests that while the latest quarterly results show positive momentum, the overall outlook remains cautious due to underlying operational challenges.<BR><BR>In summary, the latest results are good in terms of sequential growth, but the year-on-year stagnation in profit and margin compression indicate that the company faces significant hurdles moving forward.

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

Why is Steel Strips Wheels Ltd falling/rising?

As of 01-Jun, Steel Strips Wheels Ltd's stock price is at 196.45, down 2.58%, reflecting a significant decline of 16.40% over the past year and underperformance compared to the broader market. Despite some positive indicators, the stock's volatility and poor long-term growth outlook contribute to a bearish sentiment among investors.

As of 01-Jun, Steel Strips Wheels Ltd's stock price is falling, currently at 196.45, reflecting a decrease of 5.2 points or 2.58%. The stock has been on a downward trend, having lost 7.93% over the last three days and showing a 16.40% decline over the past year. This poor performance is compounded by the fact that the stock has underperformed the broader market, including the Sensex, which has also seen a decline of 8.82% in the same period.<BR><BR>Despite opening with a gain of 2.08% today and reaching an intraday high of Rs 205.85, the stock quickly fell to a low of Rs 195, indicating volatility and a lack of sustained upward momentum. Additionally, Steel Strips Wheels Ltd is trading below its moving averages across various time frames, which typically signals weakness in price trends.<BR><BR>The company's financials reveal a concerning long-term growth outlook, with operating profit declining at an annual rate of 1.00% over the last five years. Although there are some positive indicators, such as high management efficiency and a low debt-equity ratio, these factors have not been sufficient to offset the negative sentiment surrounding the stock. The stock's performance has also been below par compared to its peers, contributing to the overall bearish outlook among investors.

Which are the latest news on Steel Str. Wheel?