
About Steel Strips Wheels
Steel Strips Wheels is a publicly listed company based in Chandigarh (India) founded in 1991. Steel wheels and auto components are manufactured for vehicles. The company has 10,480 employees. Its chief executive, as recorded, is Dheeraj Garg. Its Indian entity Steel Strips Wheels Ltd reported revenue of βΉ5,186 Cr. Its focus areas include Auto, Auto Components, Wheels and Tyres and Wheels.
Company details
Steel Strips Wheels Ltd. was founded in 1991 and is based in Chandigarh, India. Steel wheels are produced for passenger cars, tractors, commercial vehicles, and off-the-road applications. Operations include three production facilities in India with a combined capacity of 17 million wheels annually. Clients such as JCB, LT, Hyundai, Maruti Suzuki, BMW, Renault-Nissan, and Ssangyong are served. A technology partnership with Ring Techs Co. Ltd. of Japan is maintained.
- Headquarters Chandigarh, India
- Employees 10,480
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Emailβ’β’β’β’β’β’β’β’
- Website sswlindia.com
- Social LinkedIn Facebook
- Legal Name Steel Strips Wheels Ltd
- Market Cap₹8,269 Cr
SSWL · NSE
- Share Price₹493.65
-6.11% today
- Revenue₹5,183 Cr
FY 2025-26 · +17.0% YoY
- EBITDA₹510 Cr
Margin 9.8%
- Net Profit₹188 Cr
FY 2025-26 · -3.6% YoY
- P/E (TTM)28.3x
P/B 4.4x
- ROE8.4%
ROCE 12.1%
- Debt / Equity0.51
Interest cover 32.9x
- Investors
- Employee Count10,480
Associated legal entities of Steel Strips Wheels
Steel Strips Wheels operates through Steel Strips Wheels Ltd, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Steel Strips Wheels Ltd Listed CIN L27107PB1985PLC006159 | Active | 28 Feb 1985 | ₹5,186 Cr | 2,798 | 12 | View details |
Funding Insights of Steel Strips Wheels
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Steel Strips Wheels with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2008 | Post-IPO | β | β |
1 investors in total: 1 institutional.
Investors in Steel Strips Wheels
Steel Strips Wheels has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tata Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified non-banking financial services are provided by Tata Capital. | 2007 | tatacapital.com | Mumbai, India |
Investor details for Steel Strips Wheels
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Steel Strips Wheels Ltd (Steel Strips Wheels)
Steel Strips Wheels Ltd is the primary company behind Steel Strips Wheels. The board of Steel Strips Wheels Ltd currently have 10 directors; the longest-serving is Rajinder Kumar Garg, appointed in 1985. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajinder Kumar Garg DIN 00034827 | Director | 28 Feb 1985 | 41 yrs 7 mo | Steel Strips Wheels Ltd |
| Dheeraj Garg DIN 00034926 | Managing Director | 29 Apr 1993 | 33 yrs 6 mo | Steel Strips Wheels Ltd |
| Manohar Lal Jain DIN 00034591 | Whole-time director | 01 Aug 2013 | 13 yrs 2 mo | Steel Strips Wheels Ltd |
| Virander Kumar Arya DIN 00751005 | Director | 27 May 2019 | 7 yrs 5 mo | Steel Strips Wheels Ltd |
| Ajit Singh Chatha DIN 02289613 | Director | 01 Oct 2019 | 7 yrs | Steel Strips Wheels Ltd |
| Shashi Bhushan Gupta DIN 00154404 | Director | 01 Oct 2019 | 7 yrs | Steel Strips Wheels Ltd |
| Deva Bharathi Reddy DIN 08763741 | Director | 01 Aug 2020 | 6 yrs 2 mo | Steel Strips Wheels Ltd |
| Sanjay Garg DIN 00030956 | Director | 24 Aug 2020 | 6 yrs 2 mo | Steel Strips Wheels Ltd |
| Siddharth Bansal DIN 02909820 | Director | 09 Nov 2020 | 5 yrs 11 mo | Steel Strips Wheels Ltd |
| Sukhvinder Khanna DIN 10744212 | Director | 01 Oct 2024 | 2 yrs | Steel Strips Wheels Ltd |
People of Steel Strips Wheels
1 people are tracked at Steel Strips Wheels (1 in leadership); the tracked headcount is 10,480.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership |
Complete people profiles for Steel Strips Wheels
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Steel Strips Wheels
Steel Strips Wheels is a publicly listed company on the NSE with ticker symbol SSWL in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date06 Jun 2005
- Listed onNSE: SSWL
- Listed entitySteel Strips Wheels Ltd
- Exchange sectorProducer manufacturing
- ISININE802C01033
- Share price₹410.75 (-0.67% on the day) · 2026-10-14
- Market capitalisation₹6,499 Cr
- Price to earnings30.5
- EPS (diluted, trailing year)₹13.48
- Dividend yield0.36%
- Volume (last session)393,380
Financials of Steel Strips Wheels
Exchange-reported figures of Steel Strips Wheels Ltd, the listed company behind Steel Strips Wheels (NSE: SSWL).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 5,183 | 4,429 | 4,357 | 4,041 | 3,560 |
| Revenue growth | +17.0% | +1.7% | +7.8% | +13.5% | - |
| EBITDA | 510 | 484 | 464 | 443 | 453 |
| EBITDA margin | +9.8% | +10.9% | +10.6% | +11.0% | +12.7% |
| Profit before tax | 254 | 259 | 743 | 291 | 304 |
| Net profit | 188 | 195 | 260 | 194 | 205 |
| Net profit margin | +3.6% | +4.4% | +6.0% | +4.8% | +5.8% |
| EPS (βΉ) | 12.10 | 12.44 | 42.99 | 12.38 | 65.81 |
| Balance sheet | |||||
| Total assets | 2,662 | 2,479 | 2,522 | 1,872 | 1,828 |
| Net worth | 1,805 | 1,626 | 1,442 | 1,135 | 952 |
| Total debt | 828 | 828 | 1,048 | 639 | 778 |
| Cash & bank | 11.40 | 10.10 | 42.88 | 44.00 | 57.91 |
| Net working capital | 559 | 454 | 543 | 440 | 502 |
| Cash flow | |||||
| Cash from operations | 332 | 517 | 193 | 348 | 406 |
| Cash from investing | (186) | (196) | (365) | (128) | (154) |
| Cash from financing | (144) | (354) | 171 | (234) | (248) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,930 | 1,510 | 1,475 | 1,321 | 1,201 | 1,187 | 1,234 | 1,075 |
| Revenue growth (YoY) | +60.8% | +27.2% | +19.5% | +22.9% | +9.6% | +15.8% | - | - |
| Other income | 0.93 | 1.04 | 1.21 | 0.32 | 0.92 | 0.83 | 1.01 | 0.37 |
| EBITDA | 236 | 163 | 150 | 127 | 111 | 122 | 134 | 118 |
| EBITDA margin | +12.2% | +10.8% | +10.2% | +9.6% | +9.3% | +10.2% | +10.9% | +11.0% |
| Depreciation | 45.21 | 38.25 | 36.75 | 34.57 | 32.30 | 32.43 | 27.61 | 27.46 |
| Interest | 35.22 | 32.26 | 30.96 | 31.50 | 31.95 | 28.80 | 29.48 | 26.25 |
| Profit before tax | 156 | 93.49 | 83.29 | 61.65 | 48.08 | 61.13 | 78.02 | 64.34 |
| Tax | 39.39 | 24.03 | 22.44 | 15.04 | 12.56 | 13.88 | 17.37 | 16.63 |
| Net profit | 117 | 69.46 | 60.85 | 46.61 | 35.52 | 47.25 | 60.65 | 47.71 |
| EPS (βΉ) | 7.42 | 4.41 | 3.86 | 2.96 | 2.25 | 3.00 | 3.85 | 3.04 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,183 | 4,429 | 4,357 | 4,041 | 3,560 | 1,749 | 1,563 |
| Revenue growth | +17.0% | +1.7% | +7.8% | +13.5% | +103.5% | +11.9% | - |
| EBITDA | 511 | 487 | 465 | 443 | 453 | 204 | 171 |
| EBITDA margin | +9.9% | +11.0% | +10.7% | +11.0% | +12.7% | +11.7% | +11.0% |
| Profit before tax | 271 | 282 | 289 | 291 | 304 | 63.84 | 32.70 |
| Net profit | 200 | 210 | 219 | 194 | 205 | 48.70 | 23.31 |
| Net profit margin | +3.9% | +4.7% | +5.0% | +4.8% | +5.8% | +2.8% | +1.5% |
| EPS (βΉ) | 12.86 | 13.38 | 14.01 | 12.38 | 65.81 | 31.55 | 15.04 |
| Balance sheet | |||||||
| Total assets | 2,592 | 2,398 | 2,425 | 1,872 | 1,828 | 1,778 | 1,795 |
| Net worth | 1,735 | 1,544 | 1,346 | 1,135 | 952 | 749 | 698 |
| Total debt | 828 | 828 | 1,048 | 639 | 778 | 937 | 1,001 |
| Cash & bank | 6.52 | 3.07 | 30.92 | 44.00 | 57.91 | 53.20 | 91.70 |
| Net working capital | 698 | 593 | 675 | 440 | 502 | 516 | 535 |
| Cash flow | |||||||
| Cash from operations | 331 | 518 | 64.95 | 348 | 406 | 169 | 104 |
| Cash from investing | (184) | (192) | (370) | (128) | (154) | (37.05) | (69.26) |
| Cash from financing | (144) | (354) | 292 | (234) | (248) | (171) | (63.93) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,930 | 1,510 | 1,475 | 1,321 | 1,201 | 1,187 | 1,234 | 1,075 |
| Revenue growth (YoY) | +60.8% | +27.2% | +19.5% | +22.9% | +9.6% | +15.8% | - | - |
| Other income | 2.87 | 2.92 | 3.24 | 2.41 | 3.11 | 3.12 | 3.49 | 2.91 |
| Total expenses | 1,695 | 1,348 | 1,325 | 1,193 | 1,089 | 1,065 | 1,099 | 956 |
| EBITDA | 235 | 162 | 149 | 128 | 112 | 122 | 135 | 118 |
| EBITDA margin | +12.2% | +10.7% | +10.1% | +9.7% | +9.3% | +10.3% | +10.9% | +11.0% |
| Depreciation | 43.53 | 36.57 | 35.03 | 32.80 | 30.53 | 30.43 | 25.57 | 25.26 |
| Interest | 35.22 | 32.26 | 30.96 | 31.50 | 31.95 | 28.80 | 29.48 | 26.24 |
| Profit before tax | 159 | 96.34 | 86.53 | 65.94 | 52.57 | 65.92 | 82.97 | 69.73 |
| Tax | 40.09 | 24.83 | 22.08 | 16.77 | 14.04 | 15.99 | 21.27 | 17.89 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,930 | 1,510 | 1,475 | 1,321 | 1,201 | 1,187 | 1,234 | 1,075 |
| Revenue growth (YoY) | +60.8% | +27.2% | +19.5% | +22.9% | +9.6% | +15.8% | - | - |
| Other income | 0.93 | 1.04 | 1.21 | 0.32 | 0.92 | 0.83 | 1.01 | 0.37 |
| EBITDA | 236 | 163 | 150 | 127 | 111 | 122 | 134 | 118 |
| EBITDA margin | +12.2% | +10.8% | +10.2% | +9.6% | +9.3% | +10.2% | +10.9% | +11.0% |
| Depreciation | 45.21 | 38.25 | 36.75 | 34.57 | 32.30 | 32.43 | 27.61 | 27.46 |
| Interest | 35.22 | 32.26 | 30.96 | 31.50 | 31.95 | 28.80 | 29.48 | 26.25 |
| Profit before tax | 156 | 93.49 | 83.29 | 61.65 | 48.08 | 61.13 | 78.02 | 64.34 |
| Tax | 39.39 | 24.03 | 22.44 | 15.04 | 12.56 | 13.88 | 17.37 | 16.63 |
| Net profit | 117 | 69.46 | 60.85 | 46.61 | 35.52 | 47.25 | 60.65 | 47.71 |
| EPS (βΉ) | 7.42 | 4.41 | 3.86 | 2.96 | 2.25 | 3.00 | 3.85 | 3.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 5,183 | 4,429 | 4,357 | 4,041 | 3,560 |
| Revenue growth | +17.0% | +1.7% | +7.8% | +13.5% | - |
| Other income | 3.18 | 3.17 | 487 | 12.40 | 13.03 |
| Total expenses | 4,673 | 3,945 | 3,894 | 3,598 | 3,107 |
| Employee cost | 430 | 380 | 358 | 284 | 236 |
| EBITDA | 510 | 484 | 464 | 443 | 453 |
| EBITDA margin | +9.8% | +10.9% | +10.6% | +11.0% | +12.7% |
| Depreciation | 136 | 111 | 104 | 80.44 | 76.87 |
| Interest | 123 | 117 | 103 | 83.54 | 85.42 |
| Profit before tax | 254 | 259 | 743 | 291 | 304 |
| Tax | 63.93 | 63.71 | 68.75 | 97.42 | 98.06 |
| Net profit | 188 | 195 | 260 | 194 | 205 |
| Net profit margin | +3.6% | +4.4% | +6.0% | +4.8% | +5.8% |
| EPS (βΉ) | 12.10 | 12.44 | 42.99 | 12.38 | 65.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 15.72 | 15.69 | 15.69 | 15.65 | 15.61 |
| Reserves & surplus | 1,789 | 1,610 | 1,427 | 1,119 | 936 |
| Shareholders' funds (net worth) | 1,805 | 1,626 | 1,442 | 1,135 | 952 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 610 | 635 | 832 | 578 | 683 |
| Unsecured loans | 219 | 193 | 216 | 61.21 | 95.14 |
| Total debt | 828 | 828 | 1,048 | 639 | 778 |
| Total liabilities | 2,662 | 2,479 | 2,522 | 1,872 | 1,828 |
| Assets | |||||
| Gross block | 3,444 | 3,129 | 2,892 | 2,166 | 2,099 |
| Net block | 1,971 | 1,782 | 1,628 | 1,349 | 1,360 |
| Capital work in progress | 154 | 288 | 363 | 163 | 96.94 |
| Investments | 10.50 | 10.49 | 3.70 | 4.15 | 0.19 |
| Inventories | 952 | 743 | 697 | 734 | 647 |
| Sundry debtors | 609 | 486 | 440 | 349 | 392 |
| Cash & bank balances | 11.40 | 10.10 | 42.88 | 44.00 | 57.91 |
| Loans & advances | 63.27 | 36.33 | 33.97 | 51.56 | 107 |
| Total current assets | 1,636 | 1,276 | 1,214 | 1,178 | 1,205 |
| Total current liabilities | 1,076 | 822 | 670 | 738 | 703 |
| Net working capital | 559 | 454 | 543 | 440 | 502 |
| Total assets | 2,662 | 2,479 | 2,522 | 1,872 | 1,828 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 10.10 | 42.88 | 44.00 | 57.91 | 53.20 |
| Net cash from operating activities | 332 | 517 | 193 | 348 | 406 |
| Net cash from investing activities | (186) | (196) | (365) | (128) | (154) |
| Net cash from financing activities | (144) | (354) | 171 | (234) | (248) |
| Net change in cash | 1.31 | (32.79) | (1.12) | (13.91) | 4.71 |
| Closing cash | 11.40 | 10.10 | 42.88 | 44.00 | 57.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +17.0% | +1.7% | +7.8% | +13.5% | - |
| EBITDA growth | +5.4% | +4.5% | +4.7% | -2.2% | - |
| PBT growth | -1.9% | -65.2% | +155.3% | -4.1% | +9997.0% |
| Net income growth | -3.6% | -25.0% | +34.3% | -5.5% | - |
| Revenue CAGR (3Y) | +8.7% | +7.6% | - | - | - |
| EBITDA CAGR (3Y) | +4.8% | +2.3% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +3.7% | +4.4% | +15.5% | +4.8% | +5.8% |
| Return on capital employed | +12.1% | +14.3% | +17.5% | +20.9% | +21.9% |
| Return on net worth | +8.4% | +11.7% | +21.4% | +19.6% | +22.9% |
| Debt / equity | 0.51 | 0.65 | 0.69 | 0.72 | 0.87 |
| Long-term debt / equity | 0.17 | 0.23 | 0.22 | 0.22 | 0.31 |
| Interest cover | 32.93 | 31.43 | 28.57 | 23.05 | 22.72 |
| Efficiency & per share | |||||
| Fixed asset turnover | 1.62 | 1.52 | 1.77 | 1.94 | 1.74 |
| Inventory turnover | 6.12 | 6.15 | 6.09 | 5.85 | 5.50 |
| Debtors turnover | 9.46 | 9.56 | 11.05 | 10.90 | 9.07 |
| EPS (βΉ) | 12.10 | 12.44 | 42.99 | 12.38 | 65.81 |
| Dividend per share (βΉ) | 1.50 | 1.25 | 1.00 | 1.00 | 3.75 |
| Book value per share (βΉ) | 109.25 | 98.01 | 86.32 | 69.13 | 287.98 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,930 | 1,510 | 1,475 | 1,321 | 1,201 | 1,187 | 1,234 | 1,075 |
| Revenue growth (YoY) | +60.8% | +27.2% | +19.5% | +22.9% | +9.6% | +15.8% | - | - |
| Other income | 2.87 | 2.92 | 3.24 | 2.41 | 3.11 | 3.12 | 3.49 | 2.91 |
| Total expenses | 1,695 | 1,348 | 1,325 | 1,193 | 1,089 | 1,065 | 1,099 | 956 |
| EBITDA | 235 | 162 | 149 | 128 | 112 | 122 | 135 | 118 |
| EBITDA margin | +12.2% | +10.7% | +10.1% | +9.7% | +9.3% | +10.3% | +10.9% | +11.0% |
| Depreciation | 43.53 | 36.57 | 35.03 | 32.80 | 30.53 | 30.43 | 25.57 | 25.26 |
| Interest | 35.22 | 32.26 | 30.96 | 31.50 | 31.95 | 28.80 | 29.48 | 26.24 |
| Profit before tax | 159 | 96.34 | 86.53 | 65.94 | 52.57 | 65.92 | 82.97 | 69.73 |
| Tax | 40.09 | 24.83 | 22.08 | 16.77 | 14.04 | 15.99 | 21.27 | 17.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,183 | 4,429 | 4,357 | 4,041 | 3,560 | 1,749 | 1,563 |
| Revenue growth | +17.0% | +1.7% | +7.8% | +13.5% | +103.5% | +11.9% | - |
| Other income | 11.87 | 13.44 | 16.06 | 12.40 | 13.03 | 16.32 | 22.11 |
| Total expenses | 4,672 | 3,942 | 3,892 | 3,598 | 3,107 | 1,546 | 1,392 |
| Employee cost | 430 | 380 | 358 | 284 | 236 | 153 | 156 |
| EBITDA | 511 | 487 | 465 | 443 | 453 | 204 | 171 |
| EBITDA margin | +9.9% | +11.0% | +10.7% | +11.0% | +12.7% | +11.7% | +11.0% |
| Depreciation | 129 | 101 | 89.95 | 80.44 | 76.87 | 72.31 | 71.94 |
| Interest | 123 | 117 | 103 | 83.54 | 85.42 | 83.93 | 88.67 |
| Profit before tax | 271 | 282 | 289 | 291 | 304 | 63.84 | 32.70 |
| Tax | 68.86 | 72.06 | 68.75 | 97.42 | 98.06 | 14.58 | 9.25 |
| Net profit | 200 | 210 | 219 | 194 | 205 | 48.70 | 23.31 |
| Net profit margin | +3.9% | +4.7% | +5.0% | +4.8% | +5.8% | +2.8% | +1.5% |
| EPS (βΉ) | 12.86 | 13.38 | 14.01 | 12.38 | 65.81 | 31.55 | 15.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.72 | 15.69 | 15.69 | 15.65 | 15.61 | 15.61 | 15.59 |
| Reserves & surplus | 1,719 | 1,528 | 1,330 | 1,119 | 936 | 734 | 682 |
| Shareholders' funds (net worth) | 1,735 | 1,544 | 1,346 | 1,135 | 952 | 749 | 698 |
| Secured loans | 610 | 635 | 832 | 578 | 638 | 698 | 824 |
| Unsecured loans | 219 | 193 | 216 | 61.21 | 140 | 239 | 177 |
| Total debt | 828 | 828 | 1,048 | 639 | 778 | 937 | 1,001 |
| Total liabilities | - | - | 2,425 | 1,872 | 1,828 | 1,778 | 1,795 |
| Assets | |||||||
| Gross block | 2,947 | 2,622 | 2,363 | 2,166 | 2,099 | 1,923 | 1,904 |
| Net block | 1,826 | 1,628 | 1,457 | 1,349 | 1,360 | 1,259 | 1,307 |
| Capital work in progress | 142 | 271 | 346 | 163 | 96.94 | 109 | 85.47 |
| Investments | 16.09 | 16.09 | 9.15 | 4.15 | 0.19 | 0.19 | 0.19 |
| Inventories | 953 | 743 | 697 | 734 | 647 | 496 | 329 |
| Sundry debtors | 609 | 486 | 440 | 349 | 392 | 257 | 210 |
| Cash & bank balances | 6.52 | 3.07 | 30.92 | 44.00 | 57.91 | 53.20 | 91.70 |
| Loans & advances | 203 | 175 | 169 | 51.56 | 107 | 144 | 135 |
| Total current assets | 1,771 | 1,408 | 1,337 | 1,178 | 1,205 | 951 | 766 |
| Total current liabilities | 1,073 | 815 | 662 | 738 | 703 | 435 | 231 |
| Net working capital | 698 | 593 | 675 | 440 | 502 | 516 | 535 |
| Total assets | 2,592 | 2,398 | 2,425 | 1,872 | 1,828 | 1,778 | 1,795 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.07 | 30.92 | 44.00 | 57.91 | 53.20 | 91.70 | 121 |
| Net cash from operating activities | 331 | 518 | 64.95 | 348 | 406 | 169 | 104 |
| Net cash from investing activities | (184) | (192) | (370) | (128) | (154) | (37.05) | (69.26) |
| Net cash from financing activities | (144) | (354) | 292 | (234) | (248) | (171) | (63.93) |
| Net change in cash | 3.46 | (27.85) | (13.08) | (13.91) | 4.71 | (38.51) | (29.30) |
| Closing cash | 6.52 | 3.07 | 30.92 | 44.00 | 57.91 | 53.20 | 91.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.0% | +1.7% | +7.8% | +13.5% | +103.5% | +11.9% | - |
| EBITDA growth | +5.0% | +4.7% | +5.1% | -2.2% | +122.2% | +19.0% | - |
| PBT growth | -3.9% | -2.3% | -0.9% | -4.1% | +375.4% | +95.2% | -70.0% |
| Net income growth | -4.7% | -4.1% | +13.0% | -5.5% | +321.1% | +108.9% | - |
| Revenue CAGR (3Y) | +8.7% | +7.6% | +35.6% | +37.2% | +20.4% | +4.8% | +5.5% |
| EBITDA CAGR (3Y) | +4.9% | +2.4% | +31.7% | +37.3% | +22.6% | +0.6% | +1.3% |
| Profitability & leverage | |||||||
| Net income margin | +3.9% | +4.7% | +5.1% | +4.8% | +5.8% | +2.8% | +1.5% |
| Return on capital employed | +16.1% | +16.9% | +18.7% | +20.9% | +22.2% | +8.5% | +7.1% |
| Return on net worth | +12.7% | +15.1% | +18.5% | +19.6% | +25.8% | +7.3% | +3.7% |
| Debt / equity | 0.52 | 0.67 | 0.71 | 0.72 | 1.07 | 1.44 | 1.56 |
| Long-term debt / equity | 0.18 | 0.24 | 0.23 | 0.22 | 0.41 | 0.61 | 0.71 |
| Interest cover | 32.23 | 30.39 | 27.36 | 23.05 | 22.72 | 63.85 | 89.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.90 | 1.82 | 1.97 | 1.94 | 1.82 | 0.94 | 0.86 |
| Inventory turnover | 6.11 | 6.15 | 6.09 | 5.85 | 6.23 | 4.24 | 4.68 |
| Debtors turnover | 9.46 | 9.56 | 11.05 | 10.90 | 10.96 | 7.49 | 7.74 |
| EPS (βΉ) | 12.86 | 13.38 | 14.01 | 12.38 | 65.81 | 31.55 | 15.04 |
| Dividend per share (βΉ) | 1.50 | 1.25 | 1.00 | 1.00 | 3.75 | 2.00 | 0.00 |
| Book value per share (βΉ) | 107.01 | 95.01 | 82.39 | 69.13 | 287.98 | 446.20 | 413.82 |
Timeline of Steel Strips Wheels
3 dated milestones of Steel Strips Wheels across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Steel Strips Wheels is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
Web traffic of Steel Strips Wheels
The website of Steel Strips Wheels (sswlindia.com) receives about 8.4K visits a month.
- Monthly visits8.4K
▲ 48.1% vs previous month
Websites whose visitors overlap most with Steel Strips Wheels. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wheelsindia.com | 100% | 8.4K | #2,505,157 | View details | |
miniaturetoyshop.com | miniaturetoyshop.com | 61% | #674,727 | β | |
| platiindia.com | 52% | #696,828 | View details | ||
toycollectorsindia.com | toycollectorsindia.com | 45% | #230,409 | β | |
sswl.in | sswl.in | 29% | #656,986 | β |
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Steel Strips Wheels (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about Steel Strips Wheels
Steel Strips Wheels was founded in 1991 and raised its 1st funding round 17 years after it was founded.
Steel Strips Wheels is headquartered in Chandigarh, India.
Dheeraj Garg is the CEO of Steel Strips Wheels, as recorded in our data.
Steel Strips Wheels has 10,480 employees.
The primary company behind Steel Strips Wheels, Steel Strips Wheels Ltd, reported revenue of βΉ5,186 Cr for FY 2026, up 17% year on year.
Steel Strips Wheels Ltd. was founded in 1991 and is based in Chandigarh, India. Steel wheels are produced for passenger cars, tractors, commercial vehicles, and off-the-road applications. Operations include three production facilities in India with a combined capacity of 17 million wheels annually. Clients such as JCB, LT, Hyundai, Maruti Suzuki, BMW, Renault-Nissan, and Ssangyong are served. A technology partnership with Ring Techs Co. Ltd. of Japan is maintained.
Yes, Steel Strips Wheels is publicly traded on NSE under the ticker symbol SSWL.
Steel Strips Wheels has 1 investor. Key investors include Tata Capital.
Steel Strips Wheels operates through Steel Strips Wheels Ltd.
The legal entities of Steel Strips Wheels currently have 12 directors, including Siddharth Bansal, Rajinder Kumar Garg, Manohar Lal Jain and others.
