| 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
- ₹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
All →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%
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%
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%
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.
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.
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.