| Revenue growth | 27.2% YoY in Q1FY27. |
|---|---|
| Margins | EBITDA margin expanded 40 bps to 10.7% on product mix. |
| Demand visibility | Strong domestic demand; exports recovering from June. |
| Management confidence | High, citing domestic demand and export recovery signals. |
Growth
Revenue up 27.2% YoY; EBITDA increased 33% to Rs. 162 Cr; PAT surged 43.3% to Rs. 72 Cr.
Outlook
Expanding Alloy Wheel capacity by 1.2M units to 6.2M for FY27. Aluminum Knuckle capacity scaling to 1.1M units.
Risks
Export revenue declined from Rs. 160 Cr to Rs. 127 Cr YoY due to tariff-related disruptions.
Last quarter's promises, checked
Delivered
- Guided EBITDA per wheel INR 300 → delivered INR 311 (= BEAT)
- Guided Revenue growth 17-20% → delivered 27.2% (= BEAT)
- Guided PAT growth 15-20% → delivered 43.3% (= BEAT)
Partly delivered
- Guided Alloy Wheel revenue share 36% → delivered 35% (= PARTIAL)
Missed
- Guided Export recovery to June peak → delivered 20.6% YoY decline (= MISS)
Earnings Call filed with BSE, NSE: SSWL. Summary written with AI assistance from the document.
Steel Strips Wheels Ltd: key numbers
- Share price
- ₹561.85
- Market cap
- ₹8,836 Cr
- Revenue (annual)
- ₹5,183 Cr
- Net profit (annual)
- ₹190.2 Cr
- P/E (TTM)
- 30.1×Sector 32.5×
- Promoter holding
- 61.21%+0.07% QoQ
- FII holding
- 8.37%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Steel Strips Wheels Ltd
All →Steel Strips Wheels Business Update
Steel Strips Wheels reported record October 2026 monthly sales turnover of ₹753.65 Cr gross. Segment-wise YoY growth highlights exports, CV and 2/3-wheeler strength.
Steel Strips Wheels Earnings Call Transcript: Key Takeaways
SSWL delivered its strongest-ever quarter driven by alloy wheel premiumization and a sharp CV recovery.
- Call
- Guides 20% growth
Steel Strips Wheels Investor Presentation: Key Takeaways
Q2 FY27 standalone revenue Rs 1,930 Cr (+61%), EBITDA Rs 235 Cr (12.2% margin), PAT Rs 119 Cr (+208%). Rs 1,400 Cr Maharashtra greenfield plant approved.
Steel Strips Wheels Capacity Expansion: ₹1,400 Cr Investment
Steel Strips Wheels will invest Rs.1,400 Crore in a new Chhatrapati Sambhajinagar plant over 60 months. Initial capacity spans alloy, steel wheels, and hot-stamped body parts.
- Value
- ₹1,400 Cr
- Execution
- 60 months
- alloy wheel manufacturing capacity
- 2.5 million units per annum
Steel Strips Wheels Management Change
Steel Strips Wheels appointed Sh. Pranav Jain as Vice President (Finance & Accounts) effective 23 Oct 2026. The long-serving CA takes charge of Finance, Accounts and Commercial functions.
Steel Strips Wheels Dividend
Steel Strips Wheels declared an interim dividend of ₹1.5 per share for FY 2026-27. Payment is due by November 21, 2026, with record date October 30, 2026.