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Steel Strips Wheels Ltd

SSWL

Steel Strips Wheels Ltd

SSWL
Consumer DiscretionaryAuto Parts
SmallcapWith a market cap of ₹3,336 cr, stock is ranked 917
Moderate RiskStock is 2.36x as volatile as Nifty
211.482.24% (+4.63)
211.482.24% (+4.63)

Price Chart

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Returns
1D
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
Consumer DiscretionaryAuto Parts
SmallcapWith a market cap of ₹3,336 cr, stock is ranked 917
Moderate RiskStock is 2.36x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Low

Undervalued compared to the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryAuto Parts
SmallcapWith a market cap of ₹3,336 cr, stock is ranked 917
Moderate RiskStock is 2.36x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
4.992.31
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
42.927.320.46%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Steel Strips Wheels Limited is engaged in the manufacturing of steel wheel rims catering to different segments of automobile industry.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

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Financial YearFY 2022FY 2023FY 2024TTM
Total Revenue3,572.984,052.944,843.864,821.87
Raw Materialssubtract2,221.652,688.312,854.323,874.23
Power & Fuel Costsubtract82.40103.01126.01
Employee Costsubtract235.80283.72358.03
Selling & Administrative Expensessubtract280.88215.11245.45
Operating & Other expensessubtract286.44307.60309.73
Depreciation/Amortizationsubtract76.8780.44104.22110.30
Interest & Other Itemssubtract85.4283.54102.67110.22
Taxes & Other Itemssubtract98.0697.4268.7559.01
EPS13.1612.4043.0542.57
DPS0.751.001.00
Payout ratio0.060.080.000.02

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2017

Annual Report Unavailable

Investor Presentation

Sep 27PDF
Sep 21PDF
FY 2018

Annual Report Unavailable

FY 2019

Annual Report Unavailable

FY 2022

Annual report

PDF

Investor Presentation

May 16PDF
Mar 4PDF
FY 2023

Annual report

PDF

Investor Presentation

Sep 20PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryAuto Parts

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Steel Strips Wheels Ltd4.942.31
Samvardhana Motherson International Ltd52.055.010.38%
Bosch Ltd43.498.991.02%
Schaeffler India Ltd67.2812.590.67%

Price Comparison

Compare SSWL with any stock or ETF
Compare SSWL with any stock or ETF
SSWL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 2.03%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding60.98%1.71%2.32%6.34%28.65%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun5.63%5.63%6.05%6.07%5.94%6.34%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Steel Strips Wheels Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Aditya Birla Sun Life Small Cap Fund - Growth - Direct Plan

Growth
1.0101%0.64%0.02%83/108 (-1)
Invesco India Smallcap Fund - Growth - Direct Plan

Growth
0.5295%0.35%0.08%81/82 (-6)
Bandhan Small Cap Fund - Growth - Direct Plan

Growth
0.3662%0.16%-0.04%81/172 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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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 DateSep 23, 2024

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Sep 23, 2024

Cash Dividend

Ex DateEx DateAug 14, 2023

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Aug 14, 2023

Cash Dividend

Ex DateEx DateSep 22, 2022

Final
Final | Div/Share: ₹3.75

Dividend/Share

3.75

Ex DateEx Date

Sep 22, 2022

Cash Dividend

Ex DateEx DateSep 22, 2021

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 22, 2021

Cash Dividend

Ex DateEx DateSep 20, 2019

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Sep 20, 2019

News & Opinions
Spotlight
SSWL posts nearly 10% fall in net turnover in Sept'24; sales volume drops by 8% YoY

The company's gross turnover fell by 9.35% to Rs 441.45 crore in September 2024 from Rs 486.99 crore in September 2023. In volume terms, the company recorded a de-growth of 8% in September 2024 over September 2023. Steel Strips Wheels (SSWL) is engaged in the manufacturing of steel wheel rims catering to different segments of automobile industry. The firm operates in automotive wheels segment. Its geographical segments include India and overseas. The company's consolidated net profit fell 13.9% to Rs 40.81 crore in Q1 FY25 as against Rs 47.41crore posted in Q1 FY24. Revenue from operations decreased 1.8% YoY to Rs 1,025.29 in Q1 FY25. The scrip shed 0.19% to currently trade at Rs 214.10 on the BSE. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Steel Strips Wheels AGM scheduled

Steel Strips Wheels announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live

Steel Strips Wheels consolidated net profit declines 13.92% in the June 2024 quarter

2 months agoBusiness Standard
Earnings
Steel Strips Wheels consolidated net profit declines 13.92% in the June 2024 quarter

Net profit of Steel Strips Wheels declined 13.92% to Rs 40.81 crore in the quarter ended June 2024 as against Rs 47.41 crore during the previous quarter ended June 2023. Sales declined 1.83% to Rs 1025.29 crore in the quarter ended June 2024 as against Rs 1044.40 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1025.291044.40 -2 OPM %11.0210.80 - PBDT83.2293.45 -11 PBT54.6971.02 -23 NP40.8147.41 -14 Powered by Capital Market - Live

2 months agoCapital Market - Live

Stock Alert: Reliance Industries, Cyient DLM, Zensar Tech, Suzlon Energy, Federal Bank, Gensol Engineering

2 months agoBusiness Standard

Steel Strips Wheels - Steady Core And Expanding Opportunities: Prabhudas Lilladher

1 year agoBloomberg Quint

Broker’s Call: Steel Strips Wheels (Buy)

1 year agoThe Hindu Businessline

Steel Strips Wheels Ltd: Promoters reduce pledged shares

1 year agoThe Hindu Businessline

Steel Strips slips 10% after reduced net profit numbers

1 year agoMoneycontrol

TCS, HCL Technologies, Anand Rathi Wealth, Steel Strips Q1 Results Today — Earnings Estimates

1 year agoBloomberg Quint