Steel Strips Wheels financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹1,930cr+60.8% on Q2 FY26
Net profit
₹117cr+229.3% on Q2 FY26
EBITDA margin
12.2%+2.9 pts on Q2 FY26
EPS
₹7.44+229.2% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue1,9301,201+60.8%
EBITDA236111+111.6%
EBITDA margin12.2%9.3%+2.9 pts
Profit before tax15648.1+224.4%
Net profit11735.5+229.3%
EPS₹7.44₹2.26+229.2%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹1,930 crNet profit₹117 crNet margin6.1%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
8,265————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
9.16.47.440.318.3
8268268281,048638
9,081————
6,2355,1834,4294,3574,041
—+17.0%+1.7%+7.8%—
676510484464443
10.8%9.8%10.9%10.7%11.0%
521374373360362
294190195675194
4.7%3.7%4.4%15.5%4.8%
₹18.70₹12.10₹12.42₹42.92₹12.33
—−2.6%−71.1%+248.1%—
—332517193348
—−193−212−383−137
139139304−190211
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

SSWL₹525.80

Steel Strips Wheels Limited

· Auto & Mobility
₹ CrorePeersNRBBEARINGROLEXRINGSSHARDAMOTRLGBBROSLTDLUMAXINDUNIPARTSSANDHARWHEELSMcap ₹8,265 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————8,264.5
- Cash, Equiv & ST Investments18.340.37.46.49.1
+ Total Debt638.31,047.9827.6825.9825.9
Enterprise Value————9,081.4
Revenue4,040.54,357.14,429.05,182.86,235.2
Growth %, YoY—+7.8+1.7+17.0—
EBITDA442.8464.0484.3510.2676.0
Margin %10.9610.6510.949.8410.84
EBIT362.4359.8373.2374.2521.2
Net Income193.8674.7195.3190.2293.9
Margin %4.8015.484.413.674.71
EPS, Adj (current shares)12.3342.9212.4212.1018.70
Growth %, YoY—+248.1-71.1-2.6—
Cash from Operations348.1192.9516.6331.6—
Capital Expenditures-136.7-382.9-212.3-192.8—
Free Cash Flow211.4-190.0304.3138.8138.8
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Steel Strips Wheels financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Steel Strips Wheels (NSE: SSWL) had a market capitalisation of ₹7,763 crore at the 30 October 2026 close (₹493.65 a share), a PE ratio of 26.4 on the last four quarters' profit and a price-to-book ratio of 3.91. In FY26 its consolidated net profit was ₹190 crore on revenue of ₹5,183 crore; in Q2 FY27 (July–September 2026) it was ₹117 crore, up 229.3% year on year. Its debt-to-equity ratio was 0.46 on 30 September 2026. Promoters held 61.21% of the shares on 30 September 2026.

Share price used
₹493.65 · 30 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Steel Strips Wheels at a glance · consolidated

Market cap
₹7,763 Crat ₹493.65 · 30 Oct close
PE ratio (last 4 quarters)
26.440.8 on FY26 profit
Price to book (PB)
3.91book value ₹126.20 a share
ROE (FY26)
11.1%−1.6 pts vs FY25ROCE 17.7%
Debt to equity
0.46net debt ₹885 Cr
Promoter holding
61.21%+0.1 pts vs 30 Jun 202630 September 2026
Dividend yield
0.61%₹3 a share in 12 months
Net worth
₹1,985 Cr+16.0% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹139 Cr−54.4% vs FY25

Questions

What is the Steel Strips Wheels PE ratio today?

Steel Strips Wheels' PE ratio is 26.4 at the 30 October 2026 close (₹493.65 a share): a market capitalisation of ₹7,763 crore divided by consolidated net profit of ₹294 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹190 crore) it is 40.8.

What is the Steel Strips Wheels net worth?

Steel Strips Wheels' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,985 crore on 30 September 2026, up 16.0% from ₹1,711 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹7,763 crore at the 30 October 2026 close.

What is the Steel Strips Wheels book value per share?

Steel Strips Wheels' book value per share was ₹126.20 on 30 September 2026: shareholders' equity of ₹1,985 crore divided by the 15.73 crore shares in issue, up 15.9% from ₹108.88 a year earlier. The share price at the 30 October 2026 close was ₹493.65.

What is the Steel Strips Wheels PB ratio (price to book value)?

Steel Strips Wheels' price-to-book (PB) ratio is 3.91 at the 30 October 2026 close: a market capitalisation of ₹7,763 crore divided by shareholders' equity (book value) of ₹1,985 crore on 30 September 2026. That is a book value of ₹126.20 per share against a share price of ₹493.65.

What is the Steel Strips Wheels ROE and ROCE?

In FY26, Steel Strips Wheels' return on equity (ROE) was 11.1% and its return on capital employed (ROCE) was 17.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 12.7% and ROCE 18.6%.

What is the Steel Strips Wheels dividend yield?

Steel Strips Wheels' dividend yield is 0.61% at the 30 October 2026 close: dividends of ₹3 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹493.65. They were ₹1.50 on 30 October 2026 (interim) and ₹1.50 on 23 September 2026.

What is the Steel Strips Wheels market cap?

Steel Strips Wheels' market capitalisation was ₹7,763 crore at the 30 October 2026 close: 15.73 crore shares at ₹493.65 each.

Is Steel Strips Wheels debt free?

No. Steel Strips Wheels had borrowings of ₹911 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.46. Its cash and current investments were ₹26.5 crore, so its net debt was ₹885 crore.

What is the Steel Strips Wheels EPS?

Steel Strips Wheels' basic earnings per share (EPS) were ₹12.11 in FY26, against ₹12.44 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹18.70.

What is the Steel Strips Wheels debt to equity ratio?

Steel Strips Wheels' debt-to-equity ratio was 0.46 on 30 September 2026: borrowings of ₹911 crore against total equity of ₹1,985 crore. A year earlier, on 30 September 2025, it was 0.53.

What is the Steel Strips Wheels dividend in 2026 and its record date?

In 2026, Steel Strips Wheels has declared two dividends totalling ₹3 a share: ₹1.50 with record date 23 September 2026 and ₹1.50 (interim) with record date 30 October 2026.

When are the Steel Strips Wheels next results?

Steel Strips Wheels has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What is the Steel Strips Wheels promoter holding?

Promoters held 61.21% of Steel Strips Wheels on 30 September 2026, up 0.07 percentage points from 61.14% the previous quarter and up 0.07 percentage points from 61.14% a year earlier, according to the shareholding pattern filed with NSE.

What is the Steel Strips Wheels free cash flow?

In FY26, Steel Strips Wheels generated ₹332 crore of cash from operations and spent ₹193 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹139 crore. In FY25 it was ₹304 crore.

What are the Steel Strips Wheels latest quarterly results?

Steel Strips Wheels' latest results are for Q2 FY27 (July–September 2026), filed on 23 October 2026: consolidated net profit ₹117 crore, up 229.3% from ₹35.5 crore in Q2 FY26; revenue from operations ₹1,930 crore, up 60.8% year on year.

What is the Steel Strips Wheels shareholding pattern?

On 30 September 2026, Steel Strips Wheels' shares were held by promoters 61.21%, foreign portfolio investors (FII/FPI) 8.37%, domestic institutions (DII) 1.38% (including mutual funds at 0.01%) and retail and other non-institutional investors 29.04%. Over the year, FII holding was down 0.36 percentage points from 8.73% and DII holding was down 3.24 percentage points from 4.62%.

How does the Steel Strips Wheels PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Steel Strips Wheels' PE ratio is 40.8, the highest of the four: NRB Bearing 30.4, Rolex Rings 31.4 and Sharda Motor Industries 13.4, a peer average of 25.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Steel Strips Wheels vs NRB Bearing: how do they compare?

In FY26, Steel Strips Wheels earned net profit of ₹190 crore on revenue of ₹5,183 crore, against ₹143 crore on ₹1,335 crore for NRB Bearing. Steel Strips Wheels' operating margin was 7.2% (NRB Bearing 13.1%) and its return on equity 11.1% (NRB Bearing 15.2%). At the 30 October 2026 close, Steel Strips Wheels' market capitalisation was ₹7,763 crore against ₹4,339 crore for NRB Bearing, and its PE ratio on FY26 profit 40.8 against 30.4.

What is the Steel Strips Wheels revenue and profit in FY26?

In FY26 (April 2025–March 2026), Steel Strips Wheels' consolidated net profit was ₹190 crore, down 2.6% from ₹195 crore in FY25, on revenue from operations of ₹5,183 crore (up 17.0%). Over three years, from FY23, net profit was down 1.8%.

How does Steel Strips Wheels compare with its peers?

On FY26 consolidated figures, against NRB Bearing, Rolex Rings and Sharda Motor Industries: Steel Strips Wheels' operating margin of 7.2% is the lowest of the four (NRB Bearing 13.1%, Rolex Rings 16.9%, Sharda Motor Industries 10.5%; peer average 13.5%); its return on equity of 11.1% is the lowest of the four (NRB Bearing 15.2%, Rolex Rings 12.4%, Sharda Motor Industries 29.1%; peer average 18.9%); its revenue growth over three years of 8.7% a year is the highest of the four (NRB Bearing 8.1% a year, Rolex Rings −1.0% a year, Sharda Motor Industries 8.0% a year; peer average 5.0% a year).

Where do these Steel Strips Wheels figures come from?

From Steel Strips Wheels' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.