Steel Strips Wheels Ltd (SSWL) AI Stock Analysis

• Market Cap: ₹33.73B
• Dividend Yield: 0.46%
• Average Volume (3M): 19.66K
• Price to Earnings (P/E): 16.7
• Beta (1Y): 0.98
• Revenue Growth: 5.82%
• EPS Growth: -69.81%
• Country: IN
• Employees: 2,801
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Auto - Parts
• EPS (TTM): 3.00
• Shares Outstanding: 157,180,420
• 10 Day Avg. Volume: 23,678
• 30 Day Avg. Volume: 19,655
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹229.00
• Price Target Upside: 8.27% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: ₹229.00 ▲(8.27% Upside)

The overall score is primarily driven by strong financial performance, including robust revenue growth and stable balance sheet management. However, the current bearish technical indicators and low dividend yield exert downward pressure on the score. The P/E ratio suggests reasonable valuation, albeit with limited income appeal.

Steel Strips Wheels Ltd Business Overview & Revenue Model

Company Description

Steel Strips Wheels Ltd (SSWL) is a leading manufacturer of steel wheel rims for passenger cars, utility vehicles, two and three-wheelers, tractors, and commercial vehicles. The company operates primarily in the automotive sector, supplying wheels to major vehicle manufacturers domestically and internationally. SSWL is recognized for its advanced manufacturing processes and high-quality products, which cater to a diverse range of vehicle types and specifications.

How the Company Makes Money

SSWL makes money primarily through the sale of its steel wheel rims to automotive manufacturers. Its revenue streams are largely driven by contracts and partnerships with major original equipment manufacturers (OEMs) in the automotive industry, both in India and abroad. The company benefits from its large-scale production capabilities and technological expertise, allowing it to fulfill bulk orders and maintain competitive pricing. Moreover, SSWL's earnings are bolstered by its focus on innovation and quality, which helps secure long-term contracts and repeat business from its clients. Additionally, any strategic partnerships and collaborations with other industry players or technological advancements can contribute positively to its revenue growth.

Steel Strips Wheels Ltd Financial Statement Overview

Summary

Steel Strips Wheels Ltd demonstrates strong financial performance with impressive revenue growth and effective cost management. Despite some fluctuations in net profit margin, the company maintains robust operational efficiency and cash flow generation, supported by a healthy balance sheet and improving leverage.

Income Statement

Steel Strips Wheels Ltd has shown strong revenue growth over the past years, with a significant increase from 2021 to 2025. The gross profit margin and EBIT margin are both robust, indicating good cost management and operational efficiency. However, the net profit margin has seen some fluctuation, reflecting variability in bottom-line profitability. The revenue growth rate has been commendable, especially from 2021 onwards.

Balance Sheet

The company's balance sheet displays a healthy equity ratio, suggesting a solid asset base relative to equity. The debt-to-equity ratio improved over the period, indicating better leverage management. Return on equity has been positive, albeit with some fluctuations, which could imply varying returns on shareholder investments over the years.

Cash Flow

The cash flow statements reveal strong operating cash flow relative to net income, indicating good cash generation capabilities. There is notable improvement in free cash flow growth, especially in the recent period, demonstrating enhanced cash retention after capital expenditures. However, the cash flow from financing activities suggests a reduction in external financing.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	44.29B	43.57B	35.41B	40.41B	17.40B
Gross Profit	15.71B	15.21B	9.78B	13.77B	4.62B
EBITDA	4.84B	9.51B	4.53B	4.55B	2.04B
Net Income	1.95B	6.75B	2.05B	1.94B	492.50M
Balance Sheet
Total Assets	33.99B	33.04B	27.02B	27.81B	23.77B
Cash, Cash Equivalents and Short-Term Investments	100.95M	422.35M	232.09M	439.96M	279.23M
Total Debt	8.28B	10.48B	7.78B	6.38B	9.37B
Total Liabilities	17.73B	18.61B	17.50B	16.47B	16.27B
Stockholders Equity	16.26B	14.42B	9.52B	11.35B	7.49B
Cash Flow
Free Cash Flow	3.04B	-1.90B	2.37B	2.11B	1.13B
Operating Cash Flow	5.17B	1.93B	4.06B	3.48B	1.69B
Investing Cash Flow	-1.96B	-3.65B	-1.54B	-1.28B	-370.53M
Financing Cash Flow	-3.54B	1.71B	-2.48B	-2.34B	-1.71B

Steel Strips Wheels Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 211.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SSWL, the sentiment is Negative. The current price of 211.5 is below the 20-day moving average (MA) of 235.01, below the 50-day MA of 245.99, and below the 200-day MA of 211.83, indicating a neutral trend. The MACD of -8.74 indicates Positive momentum. The RSI at 31.70 is Neutral, neither overbought nor oversold. The STOCH value of 18.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SSWL.

Steel Strips Wheels Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VSSL	74 Outperform	₹24.44B	23.77		0.79%	6.99%	-12.54%
IMFA	68 Neutral	₹40.61B	11.34		2.51%	-7.18%	-9.88%
KSL	68 Neutral	₹37.98B	14.29		1.14%	2.03%	10.83%
MAITHANALL	68 Neutral	₹30.86B	4.90		1.51%	4.45%	80.59%
SUNFLAG	64 Neutral	₹53.39B	27.13		―	3.63%	35.19%
SSWL	61 Neutral	₹33.73B	16.69		0.46%	5.82%	-69.81%
Sector *	61 Neutral	$10.08B	5.96	1.29%	3.00%	3.04%	-41.02%

Steel Strips Wheels Ltd Corporate Events

Steel Strips Wheels Ltd Announces AGM and Dividend Schedule

Steel Strips Wheels Ltd has announced the schedule for its 39th Annual General Meeting (AGM), which will be held on September 30, 2025. The company has set the record date for dividend entitlement and voting as September 23, 2025, with book closure from September 24 to September 30, 2025. This announcement is significant for shareholders as it outlines the timeline for dividend distribution and voting, reflecting the company’s commitment to transparency and shareholder engagement.