Steel Strips Wheels Ltd (IN:SSWL)
:SSWL
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Steel Strips Wheels Ltd
(SSWL)
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Rating:65Neutral
Price Target:
₹238.00
▲(12.74% Upside)
Action:DowngradedDate:11/22/25
Steel Strips Wheels Ltd has a strong financial foundation with robust revenue growth and effective cost management. However, the current technical indicators reflect bearish momentum, which weighs down the overall score. The valuation is fair, but the low dividend yield may not appeal to all investors. The absence of recent earnings call data and corporate events limits additional insights.
Positive Factors
Revenue and Margin Strength
The income statement shows sustained top-line growth with strong gross and EBIT margins, indicating structural cost control and pricing discipline. Over 2-6 months this underpins durable operating profitability, supports reinvestment in capacity, and cushions earnings against normal demand cyclicality.
Negative Factors
EPS Volatility
A roughly 70% decline in EPS growth indicates volatile bottom-line performance, which can reflect margin swings, one-offs, or cost pressures. Persisting EPS volatility can limit retained earnings, hamper consistent investment programs, and reduce investor confidence over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Margin Strength
The income statement shows sustained top-line growth with strong gross and EBIT margins, indicating structural cost control and pricing discipline. Over 2-6 months this underpins durable operating profitability, supports reinvestment in capacity, and cushions earnings against normal demand cyclicality.
Read all positive factors
Steel Strips Wheels Ltd (SSWL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹29.20B
Dividend Yield0.65%
Average Volume (3M)13.64K
Price to Earnings (P/E)16.3
Beta (1Y)1.16
Revenue Growth9.22%
EPS Growth-71.14%
CountryIN
Employees2,801
SectorBasic Materials
Sector Strength58
IndustryAuto - Parts
Share Statistics
EPS (TTM)2.97
Shares Outstanding157,180,420
10 Day Avg. Volume6,866
30 Day Avg. Volume13,636
Financial Highlights & Ratios
PEG Ratio-0.21
Price to Book (P/B)1.82
Price to Sales (P/S)0.67
P/FCF Ratio9.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹245.00Price Target Upside16.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)11.95
Revenue Forecast (FY)₹48.66B
Steel Strips Wheels Ltd Business Overview & Revenue Model
Company Description
Steel Strips Wheels Limited engages in the design, manufacture, and sale of steel wheel rims and alloy wheel rims for automotive vehicles in India and internationally. It offers its products for two and three wheelers, cars, multi utility vehicles...
How the Company Makes Money
SSWL generates revenue primarily through the production and sale of steel wheels to automobile manufacturers and aftermarket retailers. The company's key revenue streams include direct sales to major automotive OEMs (Original Equipment Manufacture...
Steel Strips Wheels Ltd Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 46.96B | 44.29B | 43.57B | 40.41B | 35.60B | 17.40B |
| Gross Profit | 16.49B | 15.71B | 15.21B | 13.77B | 9.78B | 4.62B |
| EBITDA | 4.87B | 4.84B | 9.51B | 4.55B | 4.66B | 2.20B |
| Net Income | 1.91B | 1.95B | 6.75B | 1.94B | 2.05B | 492.50M |
Balance Sheet | ||||||
| Total Assets | 34.20B | 33.99B | 33.04B | 27.81B | 27.02B | 23.77B |
| Cash, Cash Equivalents and Short-Term Investments | 124.38M | 100.95M | 422.35M | 435.66M | 232.09M | 531.96M |
| Total Debt | 9.03B | 8.28B | 10.48B | 6.38B | 7.78B | 9.37B |
| Total Liabilities | 17.09B | 17.73B | 18.61B | 16.47B | 17.50B | 16.27B |
| Stockholders Equity | 17.11B | 16.26B | 14.42B | 11.35B | 9.52B | 7.49B |
Cash Flow | ||||||
| Free Cash Flow | -182.32M | 3.04B | -1.90B | 2.11B | 2.37B | 1.13B |
| Operating Cash Flow | 992.17M | 5.17B | 1.93B | 3.48B | 4.06B | 1.69B |
| Investing Cash Flow | -1.12B | -1.96B | -3.65B | -1.28B | -1.54B | -370.53M |
| Financing Cash Flow | 152.96M | -3.54B | 1.71B | -2.34B | -2.48B | -1.71B |
Steel Strips Wheels Ltd Technical Analysis
Neutral
211.10
Price Trends
201.91
Negative
201.73
Negative
218.08
Negative
Market Momentum
-7.14
Positive
42.55
Neutral
24.41
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SSWL, the sentiment is Neutral. The current price of 211.1 is above the 20-day moving average (MA) of 192.37, above the 50-day MA of 201.91, and below the 200-day MA of 218.08, indicating a bearish trend. The MACD of -7.14 indicates Positive momentum. The RSI at 42.55 is Neutral, neither overbought nor oversold. The STOCH value of 24.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SSWL.
Steel Strips Wheels Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹26.18B | 8.35 | ― | 1.65% | 21.44% | -46.24% | |
76 Outperform | ₹28.48B | 13.58 | ― | 1.36% | -0.46% | 4.85% | |
75 Outperform | ₹22.37B | 20.43 | ― | 1.03% | -1.47% | -15.20% | |
68 Neutral | ₹67.22B | 15.33 | ― | 1.05% | -6.18% | -23.70% | |
65 Neutral | ₹29.20B | 16.33 | ― | 0.65% | 9.22% | -71.14% | |
62 Neutral | ₹39.34B | 20.39 | ― | 0.28% | 6.44% | 36.54% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
* Basic Materials Sector Average
IN:SSWL
Steel Strips Wheels Ltd
178.85
1.97
1.11%
IN:IMFA
Indian Metals & Ferro Alloys Ltd.
1,230.35
626.34
103.70%
IN:KSL
Kalyani Steels Ltd
611.90
-141.98
-18.83%
IN:MAITHANALL
Maithan Alloys Ltd.
877.50
9.31
1.07%
IN:SUNFLAG
Sunflag Iron & Steel Co. Ltd.
203.80
-29.74
-12.73%
IN:VSSL
Vardhman Special Steels Limited
221.00
24.28
12.34%
Steel Strips Wheels Ltd Corporate Events
Steel Strips Wheels Director Resigns Following Exit from Tata Steel
Mar 18, 2026
Steel Strips Wheels Ltd has announced the resignation of Sanjay Surajprakash Sahni as a non-executive nominee director on its board, effective at the close of business on March 18, 2026. Sahni, who was nominated by equity investor Tata Steel Ltd, ...
Steel Strips Wheels Publishes Q3 and Nine-Month FY2025 Unaudited Results in National and Regional Dailies
Jan 23, 2026
Steel Strips Wheels Ltd. has notified the stock exchanges that it has published advertisements of its standalone and consolidated unaudited financial results for the quarter and nine months ended 31 December 2025, in compliance with Regulation 47 ...
Steel Strips Wheels Releases Investor Presentation Ahead of Q3 FY25 Earnings Call
Jan 22, 2026
Steel Strips Wheels Ltd has released an investor presentation ahead of its scheduled analysts and institutional investors conference call to discuss its Q3 FY25 results on 23 January 2025, in line with regulatory disclosure requirements. The prese...
Steel Strips Wheels Receives ESG Score of 68.6 from SES ESG Research
Jan 20, 2026
Steel Strips Wheels Limited announced that SES ESG Research Private Limited has voluntarily assigned the company an overall Environmental, Social and Governance (ESG) score of 68.6, based on information available in the public domain. The disclosu...
Steel Strips Wheels Ruled Ineligible for Auto PLI Scheme After JV Plan Called Off
Jan 17, 2026
Steel Strips Wheels Ltd has announced that it has become ineligible under the Government of India’s Production Linked Incentive scheme for the automobile and auto component sector. The company had earlier planned a joint venture in India wit...
Exchange Seeks Clarification From Steel Strips Wheels After Surge in Trading Volume
Jan 1, 2026
Steel Strips Wheels Ltd has seen a significant increase in trading volume in its shares, prompting the stock exchange to seek updated, relevant information from the company to ensure transparency and protect investor interests. The exchange is awa...
Steel Strips Wheels Logs Record Monthly Sales in December 2025 on Premium Mix, Domestic Demand
Jan 1, 2026
Steel Strips Wheels Ltd reported its highest-ever monthly sales in December 2025, driven by robust domestic demand and strong growth across tractor, aluminium and truck wheel segments, which lifted both volumes and realizations despite muted expor...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.