SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SSWL reports 3% fall in total wheel rim sales in September

01 Oct 2015 Evaluate

Steel Strips Wheels (SSWL) has reported 3% fall in its total wheel rim sales to 10.91 lakh as compared to 11.27 lakh in September 2014. In terms of Value, the company has achieved gross turnover of Rs 117.13 crore in September  2015 as compared to Rs 116.26 crore in September  2014, recorded a growth of 1% and achieved a Net turnover of Rs 105.26 crore in September  2015 as against Rs 104.79 crore in September  2014, recorded a growth of 1%.

In segmental growth, the company’s Passenger car segment grew by 2% in September 2015 year on year (YoY), while the company’s LCV & MHCV segment volumes grew by 52% YoY in September 2015. Meanwhile, the company’s domestic Tractor segment volumes dropped 26% in September 2015 YoY.   The company’s export dropped 10% on the back of seasonal adjustment towards factory maintenance of European customers. 

SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches for scooters, passenger cars, utility vehicles and tractors. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.

Steel Strips Wheels Share Price

220.75 7.90 (3.71%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×