Steel Strips Wheels Ltd

Steel Strips Wheels Limited (SSWL) announced a record-high monthly net turnover of Rs 592.92 Cr in August 2026, a 53.62% year-over-year (YoY) increase compared to Rs 385.98 Cr in August 2025, and a gross turnover of Rs 687.51 Cr, up 44.72% YoY from Rs 475.06 Cr in the prior year. The company highlighted significant growth drivers including a 73% YoY increase in aluminum product sales driven by passenger vehicle and EV platform demand, a 53% YoY rise in the truck segment, a 61% YoY increase in the 2 & 3-wheeler segment, and a 63% YoY growth in overall exports, all contributing to improved capacity utilization and strengthened OEM relationships.

Steel Strips Wheels Limited (SSWL) announced its highest-ever monthly turnover for July 2026, driven by broad-based growth across its Aluminium, 2 & 3-wheeler, Truck, and Tractor segments. The company reported a net turnover of Rs 1571.05 Cr, up 50.72% year-over-year (YoY) compared to Rs 1037.87 Cr in July 2025, and a gross turnover of Rs 1659.87 Cr, a 43.77% increase YoY from Rs 1156.08 Cr. SSWL also achieved record wheel volumes and overall monthly sales, up 51% by value and 26% by volume YoY, with the Aluminium segment experiencing a 38% rise in volumes and tractor wheel volumes increasing by 10%. Export turnover grew 39% YoY by value, reflecting a shift towards value-added wheels.

Revenue from operations jumped 27.21% YoY to Rs 1,509.81 crore in Q1 FY27 as against Rs 1,186.78 crore in Q1 FY26. Profit before tax for the first quarter of FY27 stood at Rs 93.48 crore, marking an increase of 52.94% from Rs 61.12 crore in the same period last year. Steel Strips Wheels (SSWL) is engaged in the manufacturing of steel wheel rims catering to different segments of the automobile industry. The firm operates in the automotive wheel segment. Its geographical segments include India and overseas. Powered by Capital Market - Live

Net profit of Steel Strips Wheels rose 47.02% to Rs 69.45 crore in the quarter ended June 2026 as against Rs 47.24 crore during the previous quarter ended June 2025. Sales rose 27.22% to Rs 1509.82 crore in the quarter ended June 2026 as against Rs 1186.78 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1509.821186.78 27 OPM %10.7910.24 - PBDT131.7393.56 41 PBT93.4861.13 53 NP69.4547.24 47 Powered by Capital Market - Live

Steel Strips Wheels will hold a meeting of the Board of Directors of the Company on 15 July 2026.

The company's gross turnover rose 29.98% to Rs 554.10 crore in June 2026, up from Rs 426.31 crore posted in the same month last year. In value terms, the 2- & 3-wheeler segment grew 74% YoY, while the tractor segment rose 34% YoY. The alloy wheel segment increased 35% YoY and the truck segment gained 54% YoY. Meanwhile, the passenger car and export segments rose 9% and 7% YoY, respectively. In volume terms, the 2- & 3-wheeler segment rose 40% YoY, the tractor segment increased 27% YoY, and the alloy wheel segment grew 21% YoY. The truck segment rose 39% YoY, while the passenger car and export segments rose 11% YoY and declined 39% YoY, respectively. Steel Strips Wheels (SSWL) is engaged in the manufacturing of steel wheel rims catering to different segments of the automobile industry. The firm operates in the automotive wheel segment. Its geographical segments include India and overseas. Steel Strips Wheels (SSWL) reported a 0.29% year-on-year (YoY) marginal rise in consolidated net profit to Rs 60.84 crore in Q4 FY26, compared with Rs 60.66 crore posted in Q4 FY25. Revenue from operations tanked 5.04% YoY to Rs 1,171.63 crore for the quarter ended 31 March 2026.Powered by Capital Market - Live

The company said Joshi stepped down to attend to his personal health and devote more time to family commitments. Following his resignation, Joshi will also cease to be a member of the Audit Committee, Corporate Social Responsibility & Sustainability Committee, Risk Management Committee and Finance Committee. He will further relinquish his responsibilities as a Key Managerial Personnel (KMP), including his role as an authorised KMP for determining materiality of events and disclosures to stock exchanges. Steel Strips Wheels (SSWL) is engaged in the manufacturing of steel wheel rims catering to different segments of the automobile industry. The firm operates in the automotive wheel segment. Its geographical segments include India and overseas. Steel Strips Wheels (SSWL) reported a 0.29% year-on-year (YoY) margibally rise in consolidated net profit to Rs 60.84 crore in Q4 FY26, compared with Rs 60.66 crore posted in Q4 FY25. Revenue from operations tanked 5.04% YoY to Rs 1,171.63 crore for the quarter ended 31 March 2026. The scrip rose 0.55% to Rs 218.50 on the BSE. Powered by Capital Market - Live

Steel Strips Wheels announced that the Board of Directors of the Company at its meeting held on 29 May 2026, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 150%) , subject to the approval of the shareholders.

Steel Strips Wheels will hold a meeting of the Board of Directors of the Company on 26 May 2026.

Steel Strip Wheels achieved net turnover of Rs 500.85 crore in the month of April 2026 compared to 424.11 crore in April 2025, recording a growth of 18.09%. Gross turnover stood at Rs 581.82 crore (up 12.10% YoY).