Steel Strips Wheels Ltd

Steel Strips Wheels achieved Net turnover of Rs. 470.35 crore in May 2025 vs Rs. 342.04 crore in May 2024, recording a growth of 19.97 % YOY and achieved Gross turnover of Rs. 500.76 crore in May 2025 Vs Rs.419.55 crore in May 2024 there by recording a growth of 19.36% YOY.Powered by Capital Market - Live

The company's gross turnover jumped 19.36% to Rs 500.76 crore in May 2025 from Rs 419.55 crore recorded in May 2024. In value terms, the overall exports segment surged by 64% YoY, the alloy segment gained 43% YoY, the truck segment climbed 26% YoY, the tractor remained flat 0% YoY, the passenger car segment rose 3%, while the 2&3-wheeler segment fell 16% YoY in May 2025. In volume terms, the overall exports segment soared by 48% YoY, the alloy segment surged 29% YoY, the truck segment jumped 33% YoY, the tractor segment increased 8% YoY, the passenger car segment advanced 11%, while the 2&3-wheeler segment tumbled 23% YoY during the review period. 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. The company's consolidated net profit fell 88.23% to Rs 60.66 crore in Q4 FY25 as against Rs 515.56 crore posted in Q4 FY24. However, revenue from operations jumped 15.46% YoY to Rs 1,233.93 crore in the quarter ended 31 March 2025. Powered by Capital Market - Live

Steel Strips Wheels announced that the Board of Directors of the Company at its meeting held on 15 May 2025, inter alia, have recommended the final dividend of Rs 1.25 per equity Share (i.e. 125%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Steel Strips Wheels declined 88.23% to Rs 60.66 crore in the quarter ended March 2025 as against Rs 515.56 crore during the previous quarter ended March 2024. Sales rose 15.46% to Rs 1233.93 crore in the quarter ended March 2025 as against Rs 1068.67 crore during the previous quarter ended March 2024. For the full year,net profit declined 71.06% to Rs 195.28 crore in the year ended March 2025 as against Rs 674.68 crore during the previous year ended March 2024. Sales rose 1.65% to Rs 4429.00 crore in the year ended March 2025 as against Rs 4357.10 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1233.931068.67 15 4429.004357.10 2 OPM %10.8710.28 -10.9310.64 - PBDT105.6486.67 22 370.13374.55 -1 PBT78.0349.86 56 258.99270.33 -4 NP60.66515.56 -88 195.28674.68 -71 Powered by Capital Market - Live

However, revenue from operations jumped 15.46% YoY to Rs 1,233.93 crore in the quarter ended 31 March 2025. Profit before tax for the fourth quarter of FY25 stood at Rs 78.03 crore, marking a decline of 85.07% compared to Rs 522.96 crore in the same period last year. On a full-year basis, the company's consolidated net profit dropped by 71.05% to Rs 195.28 crore, on a 1.65% increase in total revenue to Rs 4,428.99 crore in FY25 over FY24. Meanwhile, the company's board has recommended a final dividend of Rs 1.25 per equity share for the financial year 2024-25. 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

Steel Strips Wheels will hold a meeting of the Board of Directors of the Company on 15 May 2025.Powered by Capital Market - Live

Steel Strips Wheels has achieved net turnover of Rs 424.11 crore in month of April 2025 compared to Rs 338.22 crore in April 2024, recording a growth of 25.39%. Gross turnover stood at Rs 519.02 crore, up 25% YoY. In terms of volume, sales rose 13% in April 2025 over April 2024 led by 37% growth in aluminum segment and 24% growth each in trucks and tractor segments. Powered by Capital Market - Live

The company's gross turnover jumped 24.97% to Rs 519.02 crore in April 2025 from Rs 415.33 crore recorded in April 2024. In value terms, the overall exports segment surged by 55% YoY, the aluminum segment gained 56% YoY, the truck segment climbed 15% YoY, the tractor segment increased 13% YoY, the passenger car segment rose 7%, while the 2&3-wheeler segment fell 7% YoY in April 2025. In volume terms, the overall exports segment soared by 47% YoY, the aluminum segment surged 37% YoY, the truck segment jumped 15% YoY, the tractor segment increased 13% YoY, the passenger car segment advanced 9%, while the 2&3-wheeler segment tumbled 23% YoY during the review period. 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. The company's standalone net profit shed 13.6% to Rs 51.44 crore on 3.21% slide in revenue from operations to Rs 1,074.68 crore in Q3 FY25 over Q3 FY24. The counter rose 1.64% to Rs 207.40 on the BSE. Powered by Capital Market - Live

The company has already commenced development for the program, with series production expected to begin in FY 2026 at its Chennai plant. The total value of the international export order is $5 million, which will be executed over the next five years. The company also clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity. 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. The company's standalone net profit shed 13.6% to Rs 51.44 crore on a 3.21% slide in revenue from operations to Rs 1,074.68 crore in Q3 FY25 over Q3 FY24. The counter slipped 1.70% to Rs 182.60 on the BSE. Powered by Capital Market - Live

The company's gross turnover jumped 27.49% to Rs 529.15 crore in March 2025 from Rs 415.05 crore recorded in March 2024. In value terms, the overall exports segment surged by 24% YoY, the alloy segment gained 63% YoY, the truck segment climbed 30% YoY and the tractor segment increased 16% YoY. However, the passenger car-steel segment declined 8% and the 2&3-wheeler segment fell 20% YoY in March 2025. In volume terms, the overall exports segment soared by 24% YoY, the alloy segment surged 50% YoY, the truck segment jumped 32% YoY and the tractor segment increased 16% YoY. However, the passenger car-steel segment shed 1% and the 2&3-wheeler segment tumbled 34% YoY during the review period. 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. The company's standalone net profit shed 13.6% to Rs 51.44 crore on 3.21% slide in revenue from operations to Rs 1,074.68 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live