Steel Strips Wheels Ltd (SSWL) — shareholding pattern, promoter holding, financials and share price
About Steel Strips Wheels Ltd (SSWL)
Steel Strips Wheels Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as SSWL and on the BSE under scrip code 513262. Its ISIN is INE802C01033.
**Company Overview ** Steel Strips Wheels Ltd was incorporated in 1985 and started its operations in 1991. It designs, manufactures, and supplies Steel Wheel Rims and Alloy Wheels for a wide range of domestic and global automobile makers. It is Headquarter in Chandigarh. [1]
Steel Strips Wheels Limited (SSWL) is a leading manufacturer of automotive wheel rims, featuring both steel and alloy categories. Founded in 1991, it caters to a wide range of vehicles, including passenger cars, commercial vehicles, tractors, and two/three-wheelers.
SSWL is undergoing significant capacity expansions, particularly in aluminum wheels and knuckles, driven by increased demand and strategic acquisitions. The expansion at the Bhuj facility is part of this growth strategy, aiming to scale production to meet market needs.
Listed peers in Auto Components & Equipments: NRB Bearings Ltd, Sandhar Technologies Limited, Rolex Rings Ltd, Wheels India Ltd, Rane (Madras) Ltd, JTEKT India Ltd.
Valuation & Returns
10 Jul 2026At ₹246.9 a share on 10 Jul 2026, Steel Strips Wheels Ltd (SSWL) was valued at a price-to-earnings ratio of 20.4x against an industry P/E of 37.75x and a price-to-book of 2.39x on a book value of ₹103.43 per share as of Mar 2025. Solomo computes return on equity of 11.7% and return on capital employed of 15.38% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 20.4x
- Industry P/E
- 37.75x
- P/B
- 2.39x
- EPS (TTM)
- ₹12.1
- Book value / share
- ₹103.43
- ROE
- 11.7%
- ROCE
- 15.38%
- ROA
- 5.6%
- Debt / equity
- 0.51x
- Dividend yield
- 0.51%
- EBITDA margin
- 9.91%
- 52-week range
- ₹169 – ₹259.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Steel Strips Wheels Ltd (SSWL) reported revenue of ₹5,183 crore, net profit of ₹190 crore and earnings per share of ₹12.1. That compares with revenue of ₹4,429 crore and net profit of ₹195 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹1,510 crore and net profit ₹69 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 3,560 | 4,041 | 4,357 | 4,429 | 5,183 |
| Net profit (₹ cr) | 205 | 194 | 675 | 195 | 190 |
| EPS (₹) | 13.16 | 12.38 | 42.99 | 12.44 | 12.1 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 14.40% | 23.15% | 7.55% | 1.65% |
| Profit growth | 14.68% | 55.02% | 0.72% | -71.06% |
| Stock price CAGR | 19% | 17% | 8% | 6% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 61.14% of Steel Strips Wheels Ltd (SSWL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 8.6% and domestic institutional investors (DII) hold 3.14%. Market capitalisation was ₹3,881 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Tata Steel Limited 6.92%, Sumitomo Metal Industries Ltd 5.41%, Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.54%, Bandhan Small Cap Fund 1.21%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 61.14% | - | 8.6% | 3.14% | 38.86% |
| Mar 2026 | 61.14% | - | 8.21% | 5.08% | 38.86% |
| Dec 2025 | 61.14% | - | 8.33% | 4.7% | 38.86% |
| Sep 2025 | 61.14% | - | 8.73% | 4.62% | 38.86% |
| Jun 2025 | 61.14% | - | 7.91% | 5.27% | 38.86% |
| Mar 2025 | 61.24% | - | 6.71% | 5.06% | 38.76% |
| Dec 2024 | 60.98% | - | 6.83% | 4.86% | 39.02% |
| Sep 2024 | 60.98% | - | 6.55% | 4.79% | 39.02% |