Is Steel Strips Wheels Ltd (SSWL) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Steel Strips Wheels Ltd is a average quality company .

Is Steel Strips Wheels Ltd (SSWL) undervalued or overvalued?

The key valuation ratios of Steel Strips Wheels Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Steel Strips Wheels Ltd (SSWL) share price return in the past 10 years?

Steel Strips Wheels Ltd share price has appreciated 19.6% annually (CAGR) over the past ten years.

Is Steel Strips Wheels Ltd (SSWL) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Steel Strips Wheels Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Steel Strips Wheels Ltd (SSWL)?

Company share prices are keep on changing according to the market conditions. The current trading price of Steel Strips Wheels Ltd (SSWL) on 17-Apr-2026 16:59:59 at 16:59 is 220.75.

What is the P/E ratio of Steel Strips Wheels?

The latest standalone P/E ratio of Steel Strips Wheels as of 17-Apr-2026 is 16.78.

What is the P/B ratio of Steel Strips Wheels Ltd (SSWL)?

The latest standalone P/B ratio of Steel Strips Wheels Ltd (SSWL) as of 17-Apr-2026 is 2.05.

What is the 52-week high and low of Steel Strips Wheels Ltd (SSWL)?

The 52-week high of Steel Strips Wheels Ltd (SSWL) is Rs. 279.60 and the 52-week low is Rs. 169.00.

Steel Strips Wheels Ltd (SSWL) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Steel Strips Wheels Ltd (SSWL)
Brand: Steel Strips Wheels

Steel Strips Wheels Ltd (SSWL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Steel Strips Wheels Ltd (SSWL)

BSE: 513262 NSE: SSWL

Key Metrics

Market Cap

₹3,346 Cr.

P/E Ratio

16.78

Price to Book (P/B)

2.05

Price to Sales (P/S)

0.68

EV/EBITDA

8.34

Return on Capital Employed (ROCE)

17.14%

Current Price

₹220.8

Return on Equity (ROE)

15.14%

Return on Assets (ROA)

6.36%

Operating Profit Margin

11%

Net Profit Margin

4.74%

Gross Profit Margin

8.7%

Book Value per Share

₹103.8

Sales Growth (YoY)

1.65%

Sales Growth (3 Years)

7.55%

Operating Profit Growth (1 Year)

4.65%

Operating Profit Growth (3 Years)

2.44%

Net Profit Growth (1 Year)

-4.52%

52-Week Low / High

₹169 / 280

Net Profit Growth (3 Years)

0.72%

Dividend Yield

0.70%

Promoter Holding

61.14%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Steel Strips Wheels Ltd?

Steel Strips Wheels Ltd revenue growth is 1.7% for FY-2025 , which is below its 5 year CAGR of 23.2% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Steel Strips Wheels Ltd?

Promoters hold 61.14% of the Steel Strips Wheels Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Steel Strips Wheels Ltd vs industry peers?

Steel Strips Wheels Ltd revenue CAGR is 23.15% , compared to the industry median CAGR of 11.82% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Steel Strips Wheels Ltd belong to?

Steel Strips Wheels Ltd belongs to the Automobiles sector, operating specifically within the Auto Ancillary segment.

Q.1 Stock return of Steel Strips Wheels Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 19.7% based on the current price.

DeciZen - make an informed investing decision on Steel Strips Wheels

Based on:

Data

Overall Rating ⓘ
Login to view analysis.

1. Quality

2. Valuation

3. Price Trend

Steel Strips Wheels stock performance

Key Ratios

Is Steel Strips Wheels Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	11.9%	11.3%	10.9%	12.4%	7.4%	9%	23.5%	22.1%	19.3%	17.1%	-
Value Creation Index ⓘ	-0.2	-0.2	-0.2	-0.1	-0.5	-0.4	0.7	0.6	0.4	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,182	1,330	1,518	2,041	1,563	1,749	3,560	4,041	4,357	4,429	4,942
Sales YoY Gr.	-	12.5%	14.2%	34.5%	-23.4%	11.9%	103.5%	13.5%	7.8%	1.7%	-
Adj EPS ⓘ	4	3.5	5	5.5	1.7	3.1	13.1	13.1	14	13.4	12.7
YoY Gr.	-	-12.6%	45.7%	9.1%	-70%	89.7%	319.8%	-0.4%	7.1%	-4.6%	-
BVPS (₹) ⓘ	26.5	29.5	34	38.5	40.9	44.2	57	68.9	82.2	94.5	103.8
Adj Net Profit ⓘ	60.4	53.7	78.5	85.7	25.7	48.8	205	205	220	210	199
Cash Flow from Ops. ⓘ	94.7	121	233	184	104	169	406	348	65	518	-
Debt/CF from Ops. ⓘ	7.1	7.2	4.7	5.4	9.6	5.5	1.9	1.8	16.1	1.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	15.8%	23.2%	7.6%	1.7%
Adj EPS ⓘ	14.5%	52%	0.6%	-4.6%
BVPSⓘ	15.2%	18.2%	18.4%	15%
Share Price	19.6%	26.4%	11.8%	13.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	14.1	11.1	14.3	13.5	3.7	6.7	24.1	19.6	17.7	14.5	12.8
Op. Profit Mgn % ⓘ	12.3	12.4	13.6	12.3	11.2	11.7	12.7	11.4	10.7	11	10
Net Profit Mgn % ⓘ	5.1	4	5.2	4.2	1.6	2.8	5.8	5.1	5.1	4.7	4
Debt to Equity ⓘ	1.7	1.9	2.1	1.7	1.6	1.4	0.9	0.6	0.8	0.6	-
Working Cap Days ⓘ	119	119	141	120	157	172	110	109	109	117	52
Cash Conv. Cycle ⓘ	43	44	49	42	65	63	30	28	33	36	1

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	12.7	12.1
TTM Sales (₹ Cr.)	4,942	4,942
BVPS (₹) ⓘ	103.8	106.3
Reserves (₹ Cr.) ⓘ	1,616	1,655
P/BV ⓘ	2.05	2.00
PE ⓘ	16.78	17.61

From the Market
52 Week Low / High (₹)	169.00 / 279.60
All Time Low / High (₹)	0.40 / 298.90
Market Cap (₹ Cr.)	3,346
Equity (₹ Cr.)	15.7
Face Value (₹)	1
Industry PE ⓘ	43.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

4.92

4.94

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Steel Strips Wheels - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1,182	1,330	1,518	2,041	1,563	1,749	3,560	4,041	4,357	4,429
Operating Expenses ⓘ +	1,037	1,165	1,318	1,795	1,392	1,546	3,107	3,598	3,892	3,942
Manufacturing Costs	143	153	173	183	165	190	387	406	437	449
Material Costs	701	798	904	1,304	966	1,099	2,187	2,664	2,836	2,858
Employee Cost	103	119	136	188	156	153	227	284	358	380
Other Costs ⓘ	89	96	105	121	105	104	307	245	261	255
Operating Profit ⓘ	145	165	200	246	171	204	453	443	465	487
Operating Profit Margin (%)	12.3%	12.4%	13.2%	12.0%	11.0%	11.6%	12.7%	11.0%	10.7%	11.0%
Other Income ⓘ +	19	18	13	17	22	16	13	12	16	13
Exceptional Items ⓘ	0	1	-0	-0	-0	-0	0	0	0	0
Interest ⓘ	43	51	64	93	89	84	85	84	103	117
Depreciation ⓘ	42	48	53	62	72	72	77	80	90	101
Profit Before Tax ⓘ	79	86	97	109	33	64	304	291	289	282
Tax ⓘ	18	30	22	27	9	15	98	97	69	72
Profit After Tax	61	56	75	82	23	49	205	194	220	210
PAT Margin (%)	5.2%	4.2%	5.0%	4.0%	1.5%	2.8%	5.8%	4.8%	5.1%	4.7%
Adjusted EPS (₹)	4.0	3.6	4.8	5.3	1.5	3.2	13.2	12.4	14.0	13.4
Dividend Payout Ratio (%)	4%	8%	8%	8%	0%	6%	6%	8%	7%	9%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	457	511	582	653	691	742	942	1,130	1,343	1,536
Share Capital ⓘ	15	16	16	16	16	16	16	16	16	16
Reserves ⓘ	441	496	566	637	675	726	926	1,115	1,327	1,521
Debt +	597	786	900	851	898	769	683	578	942	735
Long Term Debt	275	391	491	458	442	380	279	161	381	279
Short Term Debt	322	395	410	393	457	389	404	417	561	456
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	127	149	325	257	214	412	659	695	600	752
Others Liabilities ⓘ	147	285	368	392	376	454	418	378	349	342
Total Liabilities ⓘ	1,329	1,732	2,176	2,153	2,179	2,377	2,702	2,781	3,234	3,365
Fixed Assets
Net Fixed Assets ⓘ +	705	745	1,029	1,329	1,307	1,259	1,360	1,349	1,457	1,628
Gross Block	1,076	1,163	1,496	1,856	1,904	1,923	2,099	2,166	2,363	2,622
Accumulated Depreciation	371	419	466	526	598	663	739	818	906	994
CWIP ⓘ	52	352	323	53	85	109	97	163	346	271
Investments ⓘ	0	0	0	0	0	0	0	4	9	16
Inventories	148	177	266	338	329	496	647	734	697	743
Trade Receivables	169	205	313	194	210	257	392	349	440	486
Cash Equivalents	122	121	131	121	92	53	58	44	31	3
Others Assets ⓘ	133	133	114	118	156	201	148	139	254	218
Total Assets ⓘ	1,329	1,732	2,176	2,153	2,179	2,377	2,702	2,781	3,234	3,365

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	95	121	233	184	104	169	406	348	65	518
PBT ⓘ	79	86	98	109	32	64	301	291	289	282
Adjustment ⓘ	67	84	113	148	152	144	154	152	183	210
Changes in Working Capital ⓘ	-48	-29	45	-47	-72	-25	-2	-48	-345	91
Tax Paid ⓘ	-4	-20	-22	-27	-9	-15	-46	-48	-62	-65
Cash Flow From Investing Activity ⓘ +	-91	-375	-299	-80	-69	-37	-154	-128	-370	-192
Capex	-112	-388	-305	-81	-77	-49	-165	-136	-381	-197
Net Investments	0	-0	0	0	0	0	0	-4	0	0
Others ⓘ	21	13	6	0	8	12	11	12	11	5
Cash Flow From Financing Activity ⓘ +	18	253	76	-113	-64	-171	-248	-234	292	-354
Net Proceeds from Shares ⓘ	0	16	2	23	-21	0	0	1	1	0
Net Proceeds from Borrowing ⓘ	42	217	145	-33	4	2	-174	-118	265	-116
Interest Paid ⓘ	-35	-50	-70	-97	-92	-84	-85	-83	-103	-117
Dividend Paid ⓘ	-3	-3	-6	-8	-8	0	-3	-12	-16	-16
Others ⓘ	14	73	4	2	53	-89	15	-21	144	-105
Net Cash Flow ⓘ	22	-1	10	-10	-29	-39	5	-14	-13	-28

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	16.4	12.91	15.21	14.59	3.79	7.42	26.04	19.71	18.58	15.14
ROCE (%)	11.87	11.33	10.86	12.39	7.44	9.01	23.5	22.06	19.27	17.14
Asset Turnover Ratio	1.04	0.97	0.8	0.94	0.72	0.77	1.4	1.47	1.45	1.34
PAT to CFO Conversion(x)	1.56	2.16	3.11	2.24	4.52	3.45	1.98	1.79	0.3	2.47
Working Capital Days
Receivable Days	46	46	61	45	47	49	33	33	33	38
Inventory Days	40	40	52	54	78	86	59	62	60	59
Payable Days	65	63	96	82	89	104	89	93	83	86

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Steel Strips Wheels Ltd FAQs

The current trading price of Steel Strips Wheels on 17-Apr-2026 16:59 is ₹220.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Steel Strips Wheels stood at ₹3,345.6 Cr

The latest P/E ratio of Steel Strips Wheels as of 16-Apr-2026 is 16.78.

The latest P/B ratio of Steel Strips Wheels as of 16-Apr-2026 is 2.05.

The 52-week high of Steel Strips Wheels is ₹279.6 and the 52-week low is ₹169.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Steel Strips Wheels is ₹4,942 ( Cr.) .

About Steel Strips Wheels Ltd

Steel Strips Wheels Ltd., established in 1985 is a part of the Steel Strips Group, headquartered in Chandigarh. The company is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches dia for scooters, passenger cars, utility vehicles and tractors.

Product range of the company includes:

The company manufactures single piece steel wheel rims for:

Passenger Cars, 2/3 wheelers
Commercial Vehicles & Earth Mover Segment
Tractors Segment
Caravans Segment

Achievements/ recognition:

SQ 9000 certification by BVQI
In house R&D Recognition by DSIR, Govt. of India
ISO /TS 16949 certification by BVQI
ISO 14001 certification by BVQI

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Steel Strips Wheels Ltd (SSWL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Steel Strips Wheels Share Price