| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | 27% YoY growth in Q1 FY27. |
|---|---|
| Margins | EBITDA per wheel increased to ₹314 from ₹262 YoY. |
| Order book | Bhuj plant capacity for knuckles and aluminum wheels is almost sold out. |
| Demand visibility | Strong domestic demand; exports recovering as global trade conditions normalize. |
| Management confidence | High; citing robust demand and new capacity being sold out. |
Growth
Revenue rose 27% YoY to ₹1,509 Cr; EBITDA grew 32% to ₹165.17 Cr; PAT jumped 43% to ₹71.51 Cr.
Outlook
Targeting 20%+ revenue growth for FY27; ₹600 Cr capex planned for aluminum wheels, knuckles, and brownfield steel wheel expansion.
Risks
Commodity price volatility and West Asia geopolitical tensions remain key headwinds; intense competition in alloy wheels noted.
Last quarter's promises, checked
Delivered
- Guided EBITDA/wheel ~300 → delivered 314 (= BEAT)
- Projected highest ever monthly sales → delivered 27% YoY growth (= BEAT)
- Guided revenue run rate ~₹6000 Cr → delivered ₹1509 Cr in Q1 (= BEAT)
Partly delivered
- Guided PAT growth 15-20% → delivered 43% in Q1 (Partial as full year pending) (= PARTIAL)
Investor Presentation 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.