Steel Strips Wheels Ltd
SSWLSteel Strips Wheels Ltd
SSWL
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 23.22 | 3.83 | 0.36% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 64.81 | 6.24 | 0.60% |
Forecast & Ratings
Detailed Forecastfrom 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Steel Strips Wheels Limited is engaged in the manufacturing of steel wheel rims catering to different segments of automobile industry.
Peers
Compare with peersSamvardhana Motherson International Ltd
Bosch Ltd
Schaeffler India Ltd
UNO Minda Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,173.42 | 1,200.78 | 1,349.52 | 1,531.58 | 2,058.57 | 1,585.45 | 1,765.74 | 3,572.98 | 4,052.94 | 4,069.45 | ||||||||||
Raw Materials | 754.31 | 697.25 | 799.43 | 937.68 | 1,353.71 | 973.35 | 1,082.37 | 2,221.65 | 2,688.31 | 3,610.52 | ||||||||||
| Power & Fuel Cost | 32.34 | 40.33 | 43.05 | 50.52 | 59.57 | 52.44 | 53.19 | 82.40 | 103.01 | |||||||||||
| Employee Cost | 87.12 | 103.50 | 118.62 | 136.42 | 188.27 | 156.14 | 152.94 | 235.80 | 283.72 | |||||||||||
| Selling & Administrative Expenses | 91.32 | 88.51 | 90.99 | 94.87 | 112.31 | 98.48 | 104.57 | 280.88 | 215.11 | |||||||||||
| Operating & Other expenses | 80.16 | 107.05 | 113.04 | 98.50 | 81.35 | 111.74 | 152.59 | 286.44 | 307.60 | |||||||||||
EBITDA | 128.17 | 164.14 | 184.39 | 213.59 | 263.36 | 193.30 | 220.08 | 465.81 | 455.19 | 458.93 | ||||||||||
| Depreciation/Amortization | 38.15 | 42.06 | 47.90 | 52.57 | 61.92 | 71.94 | 72.31 | 76.87 | 80.44 | 81.53 | ||||||||||
| PBIT | 90.02 | 122.08 | 136.49 | 161.02 | 201.44 | 121.36 | 147.77 | 388.94 | 374.75 | 377.40 | ||||||||||
| Interest & Other Items | 41.35 | 43.04 | 50.56 | 63.94 | 92.54 | 88.67 | 83.93 | 85.42 | 83.54 | 87.75 | ||||||||||
| PBT | 48.67 | 79.04 | 85.93 | 97.08 | 108.90 | 32.69 | 63.84 | 303.52 | 291.21 | 289.65 | ||||||||||
| Taxes & Other Items | 9.27 | 17.87 | 30.25 | 21.98 | 26.53 | 9.25 | 14.58 | 98.06 | 97.42 | 102.30 | ||||||||||
| Net Income | 39.40 | 61.17 | 55.68 | 75.10 | 82.37 | 23.44 | 49.26 | 205.46 | 193.79 | 187.35 | ||||||||||
| EPS | 2.59 | 4.01 | 3.62 | 4.83 | 5.29 | 1.50 | 3.16 | 4.39 | 4.14 | 11.97 | ||||||||||
| DPS | 0.20 | 0.30 | 0.30 | 0.40 | 0.40 | 0.00 | 0.20 | 0.15 | 1.00 | 0.75 | ||||||||||
| Payout ratio | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 | 0.00 | 0.06 | 0.03 | 0.24 | 0.06 |
Company Updates
Investor Presentation
Annual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Steel Strips Wheels Ltd | 22.45 | 3.83 | 0.36% |
| Samvardhana Motherson International Ltd | 43.50 | 2.67 | 0.68% |
| Bosch Ltd | 39.35 | 5.10 | 2.52% |
| Schaeffler India Ltd | 58.93 | 12.09 | 0.72% |
Price Comparison
Compare SSWL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 3 Mutual Funds holding Steel Strips Wheels Ltd
| Funds (Top 3) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Bandhan EMERGING BUSINESSES FUND DIRECT PLAN-GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2216% | Percentage of the fund’s portfolio invested in the stock 0.48% | Change in the portfolio weight of the stock over the last 3 months 0.48% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 119/136 (-8) |
Bandhan Transportation and Logistics Fund Direct Plan-Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1846% | Percentage of the fund’s portfolio invested in the stock 2.58% | Change in the portfolio weight of the stock over the last 3 months 0.32% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 14/41 (+6) |
Motilal Oswal Nifty Microcap 250 Index Fund- Direct- Growth Option Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0135% | Percentage of the fund’s portfolio invested in the stock 0.18% | Change in the portfolio weight of the stock over the last 3 months 0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 216/252 (-7) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 14, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Aug 14, 2023
Cash Dividend
Ex DateEx DateSep 22, 2022
Dividend/Share
₹3.75
Ex DateEx Date
Sep 22, 2022
Cash Dividend
Ex DateEx DateSep 22, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Sep 22, 2021
Cash Dividend
Ex DateEx DateSep 20, 2019
Dividend/Share
₹4.00
Ex DateEx Date
Sep 20, 2019
Cash Dividend
Ex DateEx DateSep 19, 2018
Dividend/Share
₹4.00
Ex DateEx Date
Sep 19, 2018
News & Opinions
Broker’s Call: Steel Strips Wheels (Buy)
2 months ago•The Hindu Businessline
Steel Strips Wheels Ltd: Promoters reduce pledged shares
2 months ago•The Hindu Businessline
Steel Strips slips 10% after reduced net profit numbers
2 months ago•Moneycontrol
TCS, HCL Technologies, Anand Rathi Wealth, Steel Strips Q1 Results Today — Earnings Estimates
2 months ago•Bloomberg Quint
Multibagger wheel stock hit record high; crossed Rs 200 mark for first time
3 months ago•Business Today
Buy Steel Strips Wheels; target of Rs 260: ICICI Direct
3 months ago•Moneycontrol
Steel Strips Wheels hits record high, surges 9% on healthy growth outlook
3 months ago•Business Standard
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 21.49%, vs industry avg of 8.34%
Increasing Market Share
Over the last 5 years, market share increased from 0.75% to 1.49%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 20.88%, vs industry avg of 2.79%