ALFA Finder| Revenue growth | 27.2% YoY growth in Q1FY27. |
|---|---|
| Margins | EBITDA margin expanded 40 bps YoY to 10.7%. |
| Demand visibility | Strong domestic demand; exports showing signs of recovery in June. |
| Management confidence | High, citing favorable product mix and domestic demand recovery. |
Growth
Revenue grew 27% YoY; EBITDA rose 33% to ₹162 Cr; PAT increased 43% to ₹72 Cr.
Outlook
Expanding alloy wheel capacity by 1.2M and knuckles by 0.6M; Alloy wheel market projected to grow 12% p.a.
Risks
Export revenue declined from ₹160 Cr to ₹127 Cr YoY due to tariff-related disruptions.
Last quarter's promises, checked
Delivered
- Guided June sales would be highest number → Q1FY27 revenue ₹1,510 Cr (= BEAT)
- Guided improved domestic demand → Q1FY27 revenue up 27.2% YoY (= BEAT)
- Guided EBITDA margin expansion via product mix → Margin rose 40 bps to 10.7% (= BEAT)
Partly delivered
- Guided PAT growth 15-20% → Q1FY27 PAT grew 43% (Exceeding annual pace) (= BEAT)
Missed
- Guided export recovery range ₹600 Cr/year → Q1FY27 exports declined to ₹127 Cr (= MISS)
Earnings Call filed with NSE, 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.