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Steel Strips Wheels Ltd share price logo

SSWL Share Price

(SSWL)

₹197.183.66%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

SSWL Analyst Rating

based on 2 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for SSWL. An average target of ₹317.5

Source: S&P Global Market Intelligence

SSWL Share analysis

SSWL price forecast by 2 analysts

Upside of61.02%

High

₹330

Target

₹317.50

Low

₹305

SSWL target price ₹317.5, a slight upside of 61.02% compared to current price of ₹197.18. According to 2 analysts rating.

Source: S&P Global Market Intelligence

SSWL Performance

  • Day's Low

    Day's High

    ₹195
    Day's Price Range
    ₹204.24
  • 52 Week's Low

    52 Week's High

    ₹188.85
    52-Week Price Range
    ₹289.5
1 Month Return-2.96 %
3 Month Return-7.63 %
1 Year Return-24.39 %
Previous Close₹204.67
Open₹204.24
Volume3.56L
Upper Circuit-
Lower Circuit-
Market Cap₹3,211.87Cr

SSWL Key Statistics

P/E Ratio4.76
PEG Ratio0.17
Market Cap₹3,211.87 Cr
P/B Ratio2.68
EPS42.99
Dividend Yield0.45
SectorAuto Ancillaries
ROE18.52

SSWL Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹3,211.87 Cr32.54%0.73₹674 Cr₹4,357 Cr
NA₹85.10 Cr120.39%0.62NANA
NA₹114.07 Cr60.42%0.76₹5 Cr₹90 Cr
NA₹1,031.53 Cr340.14%1.04NANA
BUY₹4,105.61 Cr23.96%0.51₹97 Cr₹3,070 Cr

About SSWL

Steel Strips Wheels (SSWL), part of the multi-faceted Steel Strips group, has been commercially producing automobile wheel rims since 1991 with a capacity of 1.8 million at its state-of-the-art manufacturing unit at Chandigarh. For the first time in the country, the company has introduced Cathodic Electro Deposition in its product range and its surface coating project has also been supplied, erected, and commissioned from a leading US company. Its main clients include Maruti Udyog, MUL, Mahindra and Mahindra, Bajaj, Tempo, and Honda Siel Car. It has tied up with Ring Tech Co. Ltd for 3 years and modernization and expansion programmes have been undertaken. In addition, the company has tied up with Japanese technical consultants for process and product quality control, training in wheel design, etc. Furthermore, the company plans to introduce tractor wheels in the near future. With a long and distinguished track-record of experience, SSWL is striving to achieve the ISO 9000 certification and improve the quality of its products and services.

Share Price: ₹197.18 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹3,211.87Cr as of today
Revenue: ₹1,074.68Cr as on December 2024 (Q4 24)
Net Profit: ₹47.71Cr as on December 2024 (Q4 24)
Listing date: 06 Jun, 2005
Chairperson Name: R K Garg
OrganisationSSWL
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Steel Strips Wheels Ltd

  • Steel Strips Wheels Reports Decline in Q3 Profit - 17 Jan, 2025

    Steel Strips Wheels Limited announced a 19.6% year-on-year decline in net profit for Q3 FY25, alongside a 3.3% drop in revenue. Despite operational resilience, the stock fell over 4% following the results.
  • Steel Strips Wheels Rating Affirmed by India Ratings - 03 Jan, 2025

    India Ratings and Research has affirmed Steel Strips Wheels' long-term rating at 'AA-' with a stable outlook, reflecting improved revenue and credit metrics.
  • Steel Strips Wheels Reports Strong Sales Growth - 01 Jan, 2025

    Steel Strips Wheels Ltd saw a 10% increase in net turnover to Rs 365 crore in December 2024, driven by significant growth in the tractor and passenger car segments, despite challenges in the truck segment. Overall, the company demonstrated solid performance across various segments.
  • Steel Strips Wheels Secures Major European Order - 20 Dec, 2024

    Steel Strips Wheels Limited has secured a significant €15 million export order from a leading European OEM. The contract spans six years, with supplies expected to commence by late 2026, enhancing the company's strategic presence in the European market and opening doors for future opportunities.

Insights on Steel Strips Wheels Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.93% to 1.14% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 40.81 Cr → 47.71 Cr (in ₹), with an average increase of 7.4% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.71% to 1.85% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cummins India Ltd has given 40.5% return, outperforming this stock by 70.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 191.2% return, outperforming this stock by 172.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 60.98% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, SSWL stock has moved down by -30.4%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.09K Cr → 1.07K Cr (in ₹), with an average decrease of 1.9% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 28.49% to 27.67% in Sep 2024 quarter

SSWL Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹1,110.30Cr (-)₹1,068.67Cr (↓3.75%)₹1,025.29Cr (↓4.06%)₹1,095.10Cr (↑6.81%)₹1,074.68Cr (↓1.86%)
Net Income₹59.41Cr (-)₹515.56Cr (↑767.80%)₹40.81Cr (↓92.08%)₹46.11Cr (↑12.99%)₹47.71Cr (↑3.47%)
Net Profit Margin5.35% (-)48.24% (↑801.68%)3.98% (↓91.75%)4.21% (↑5.78%)4.44% (↑5.46%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,376.74Cr (-)₹2,701.59Cr (↑13.67%)₹2,781.36Cr (↑2.95%)₹3,244.68Cr (↑16.66%)
Total Liabilities₹1,627.44Cr (-)₹1,749.75Cr (↑7.52%)₹1,646.64Cr (↓5.89%)₹1,899.01Cr (↑15.33%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹103.89Cr (-)₹169.14Cr (↑62.81%)₹406.11Cr (↑140.10%)₹348.12Cr (↓14.28%)₹64.95Cr (↓81.34%)

Index Inclusions

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹52,311.31

0.01 (2.64%)

SSWL Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
60.98%
0.00
Foreign Institutions
1.14%
22.59
Mutual Funds
1.85%
8.62
Retail Investors
27.67%
-2.88
Others
8.36%
5.87

SSWL Key Indicators

Details20202021202220232024
Return On Equity %3.687.3425.7519.5718.52
Details20232024
Return On Assets %6.9720.79
Details20232024
Book Value Per Share (₹)69.1386.32
Details20232024
Earning Per Share (₹)12.3842.99

SSWL Valuation

SSWL in the last 5 years

  • Overview

  • Trends

Lowest (4.52x)

October 29, 2024

Today (4.76x)

January 17, 2025

Industry (48.05x)

January 17, 2025

Highest (34.58x)

January 5, 2023

LowHigh

SSWL Earnings and Dividends

  • Steel Strips Wheels Ltd Earnings Results

    Steel Strips Wheels Ltd’s net profit fell -19.69% since last year same period to ₹47.71Cr in the Q3 2024-2025. On a quarterly growth basis, Steel Strips Wheels Ltd has generated 3.47% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Steel Strips Wheels Ltd Dividends May,2024

    In the quarter ending March 2024, Steel Strips Wheels Ltd has declared dividend of ₹1 - translating a dividend yield of 1.01%.

    Read More about Dividends

SSWL Technicals Summary

Bearish

Neutral

Bullish

Bearish

Steel Strips Wheels Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Steel Strips Wheels Ltd

Steel Strips Wheels Ltd share price today stands at ₹197.18, Open. ₹204.24 ; Previous Close. ₹204.67 ; High. ₹204.24 ; Low. ₹195 ; 52 Week High. ₹289.5 ; 52 Week Low: ₹188.85.

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Steel Strips Wheels Ltd is listed on NSE

Steel Strips Wheels Ltd is listed on BSE

  • Today’s highest price of Steel Strips Wheels Ltd is ₹204.24.
  • Today’s lowest price of Steel Strips Wheels Ltd is ₹195.

PE Ratio of Steel Strips Wheels Ltd is 4.76

PE ratio = Steel Strips Wheels Ltd Market price per share / Steel Strips Wheels Ltd Earnings per share

Today’s traded volume of Steel Strips Wheels Ltd(SSWL) is 3.56L.

Today’s market capitalisation of Steel Strips Wheels Ltd(SSWL) is ₹3211.87Cr.

Steel Strips Wheels Ltd(SSWLPrice
52 Week High
₹289.5
52 Week Low
₹188.85

Steel Strips Wheels Ltd(SSWL) share price is ₹197.18. It is down -31.89% from its 52 Week High price of ₹289.5

Steel Strips Wheels Ltd(SSWL) share price is ₹197.18. It is up 4.41% from its 52 Week Low price of ₹188.85

Steel Strips Wheels Ltd(SSWLReturns
1 Day Returns
-7.49%
1 Month Returns
-2.96%
3 Month Returns
-7.63%
1 Year Returns
-24.39%