NSE
SSWL

Steel Strips Wheels Limited

Auto Parts
Consumer Cyclical

Prices are adjusted according to historical splits.

Steel Strips Wheels Limited Stock Price

Vitals

Today's Low:
₹244.75
Today's High:
₹289.75
Open Price:
₹273.4
52W Low:
₹125.6666
52W High:
₹259.7
Prev. Close:
₹262.8
Volume:
84718

Company Statistics

Market Cap.:
₹39.64 billion
Book Value:
72.462
Revenue TTM:
₹40.69 billion
Operating Margin TTM:
8.94%
Gross Profit TTM:
₹13.77 billion
Profit Margin:
4.75%
Return on Assets TTM:
8.26%
Return on Equity TTM:
18.58%

Company Profile

Steel Strips Wheels Limited had its IPO on under the ticker symbol SSWL.

The company operates in the Consumer Cyclical sector and Auto Parts industry. Steel Strips Wheels Limited has a staff strength of 2,301 employees.

Stock update

Shares of Steel Strips Wheels Limited opened at ₹273.4 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹244.75 - ₹289.75, and closed at ₹251.65.

This is a -4.24% slip from the previous day's closing price.

A total volume of 84,718 shares were traded at the close of the day’s session.

In the last one week, shares of Steel Strips Wheels Limited have slipped by -5.71%.

Steel Strips Wheels Limited's Key Ratios

Steel Strips Wheels Limited has a market cap of ₹39.64 billion, indicating a price to book ratio of 2.4552 and a price to sales ratio of 0.6401.

In the last 12-months Steel Strips Wheels Limited’s revenue was ₹40.69 billion with a gross profit of ₹13.77 billion and an EBITDA of ₹4.45 billion. The EBITDA ratio measures Steel Strips Wheels Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Steel Strips Wheels Limited’s operating margin was 8.94% while its return on assets stood at 8.26% with a return of equity of 18.58%.

In Q2, Steel Strips Wheels Limited’s quarterly earnings growth was a negative -2% while revenue growth was a positive 2.8%.

Steel Strips Wheels Limited’s PE and PEG Ratio

Forward PE
0
Trailing PE
20.6103
PEG

Its diluted EPS in the last 12-months stands at ₹12.29 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Steel Strips Wheels Limited’s profitability.

Steel Strips Wheels Limited stock is trading at a EV to sales ratio of 0.8451 and a EV to EBITDA ratio of 7.5378. Its price to sales ratio in the trailing 12-months stood at 0.6401.

Steel Strips Wheels Limited stock pays annual dividends of ₹1 per share, indicating a yield of 0.43% and a payout ratio of 14.21%.

Balance sheet and cash flow metrics

Total Assets
₹27.81 billion
Total Liabilities
₹12.15 billion
Operating Cash Flow
₹0
Capital Expenditure
₹0
Dividend Payout Ratio
14.21%

Steel Strips Wheels Limited ended 2024 with ₹27.81 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹27.81 billion while shareholder equity stood at ₹11.35 billion.

Steel Strips Wheels Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹12.15 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹183.31 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹1.61 billion.

Steel Strips Wheels Limited’s total current assets stands at ₹11.78 billion while long-term investments were ₹0 and short-term investments were ₹256.66 million. Its net receivables were ₹3.49 billion compared to accounts payable of ₹6.95 billion and inventory worth ₹7.34 billion.

In 2024, Steel Strips Wheels Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Steel Strips Wheels Limited paid ₹0.14 in dividends in 2024.

Other key metrics

Current Trading Price
₹251.65
52-Week High
₹259.7
52-Week Low
₹125.6666
Analyst Target Price

Steel Strips Wheels Limited stock is currently trading at ₹251.65 per share. It touched a 52-week high of ₹259.7 and a 52-week low of ₹259.7. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹234.18 and 200-day moving average was ₹176.86 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 8142.7% of the company’s stock are held by insiders while 21.2% are held by institutions.

Frequently Asked Questions About Steel Strips Wheels Limited

The stock symbol (also called stock or share ticker) of Steel Strips Wheels Limited is SSWL

The IPO of Steel Strips Wheels Limited took place on

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About

Steel Strips Wheels Limited engages in the design, manufacturing, and sale of automotive wheels in India and internationally. The company provides steel wheel rims, alloy wheel rims, and hot rolling mills for two and three wheelers, passenger cars, multi utility vehicles, tractors, commercial vehicles, and OTR vehicles. Steel Strips Wheels Limited was incorporated in 1985 and is headquartered in Chandigarh, India.

Address

SCO 49-50, Chandigarh, India, 160019