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Earnings Call

Steel Strips Wheels Earnings Call: Key Takeaways

SSWL achieved record FY26 revenue of ₹5,183 Cr (up 17% YoY) driven by domestic demand and alloy wheel volume growth, despite export headwinds and margin pressure.

Why this was an Alfa AlertNot a filter event. Results show growth but no material beat (>10%) over prior management guidance provided.
Highlights
Revenue growth17% YoY FY26
MarginsEBITDA margin 9.9% (down from 11%)
Demand visibilityStrong domestic momentum
Management confidenceHigh in domestic demand

Growth

FY26 Net Revenue grew 17% to ₹5,183 Cr; EBITDA up 5% to ₹511 Cr. Alloy wheel volumes rose 19% YoY.

Outlook

Capacity expansion to 6.2Mn alloy wheels and 1.1Mn knuckles for FY27. Management targets high-margin alloy and export segments.

Risks

Slowdown in exports (down 38% in Q4FY26), global uncertainties, and rising raw material prices pressured margins.

Source

Earnings Call filed with NSE, NSE: SSWL. Summary written with AI assistance from the document.

Read the document ↗

Steel Strips Wheels Ltd: key numbers

Share price
₹378.75
Market cap
₹5,956 Cr
Revenue (annual)
₹5,183 Cr
Net profit (annual)
₹190.2 Cr
P/E (TTM)
28.0×Sector 33.6×
Promoter holding
61.14%+0.00% QoQ
FII holding
8.60%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Steel Strips Wheels Ltd

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15:12 IST BSE
Promoter Buying

Steel Strips Wheels Promoter Buying

Sunena Garg, a promoter of Steel Strips Wheels Limited, acquired 1,00,005 equity shares via the open market. This transaction increased her individual stake from 3.60% to 3.66%.

Promoter stake change
+0.06%
14:03 IST BSE
Promoter Buying

Steel Strips Wheels Promoter Buying

Sunena Garg, a promoter of Steel Strips Wheels, bought 16,600 equity shares in the open market on 15 Sep 2026. Her holding rose to 3.60% of the company.

Promoter stake change
+0.01%
12:48 IST BSE
Promoter Buying

Steel Strips Wheels Promoter Buying

Promoter Sunena Garg acquired 48,000 Steel Strips Wheels shares in the open market. Post-deal promoter holdings rose to 61.14% of total voting capital.

Promoter stake change
+0.03%
16:32 IST NSE
Annual General Meeting

Steel Strips Wheels Annual General Meeting

Steel Strips Wheels Ltd scheduled its 40th AGM for September 30, 2026. The record date for dividend entitlement is set for September 23, 2026.

16:27 IST BSE
Management Change

Steel Strips Wheels Management Change

Steel Strips Wheels Ltd has appointed Mr. Vineet Aggarwal and Mr. Amit Kumar Sharma as Senior Management Personnel. These appointments are effective from September 3, 2026.

16:20 IST NSE
Board Meeting Outcome

Steel Strips Wheels Board Meeting Outcome

Steel Strips Wheels approved re-appointments of two directors and the upcoming AGM schedule. The board also proposed enhancing the company's borrowing limit to ₹3,500 Crore.