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Steel Strips Wheels SSWL.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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548.95

+1.61%

Close of 9 Nov 2026, in INR

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About Steel Strips Wheels

Its shares trade on NSE under the ticker SSWL.NS. It has been listed since 6 June 2005. In the fiscal year to 31 March 2026, it reported revenue of ₹51.83bn and net income of ₹1.90bn. At that date it held total assets of ₹38.31bn and shareholders' equity of ₹18.05bn.

Steel Strips Wheels Ltd. engages in the manufacture of wheel rims. The company is headquartered in Chandigarh, Chandigarh. The company went IPO on 2005-06-06. The firm's products include steel wheels, alloy wheels and hot rolling mill. Its products under the steel wheel category include tubeless, multi-piece, high vent wheels, semi-full face and weight-optimized (flow formed). The company provides steel wheels and alloy wheels for two and three-wheelers, car and multipurpose utility vehicle (MUV) wheels, commercial vehicle wheels, high-speed trailer and caravan wheels, tractor wheels, and others. The firm operates primarily in India and has a presence in international markets as well. The firm has manufacturing facilities at Dappar (Punjab), Oragadam (Tamil Nadu), Jamshedpur (Jharkhand), Mehsana (Gujarat) and Saraikela (Jharkhand).

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Auto Components
Listed since
6 Jun 2005
Employees
2,486

Leadership

Pay as last reported

  • Shri. Rajinder GargNon-Executive Chairman of the Board₹250,000
  • Sh. Naveen SorotChief Financial Officer, since 2020
  • Ms. Kanika SaptaCompany Secretary and Compliance Officer
  • Sh. Dheeraj GargManaging Director, Executive Director₹138.2m
  • Sh. Mohan JoshiDeputy Managing Director, Executive Director - Commercials, since 2024
  • Sh. Manohar JainWhole Time Director, since 2013₹8.1m
  • Sh. Sanjay GargNon-Executive Non Independent Director₹200,000
  • Sh. Sanjay SahniNon-Executive Nominee Director of Tata Steel Ltd
  • Sh. Virander AryaNon-Executive Independent Director₹310,000
  • Sh. Siddharth BansalNon-Executive Independent Director₹150,000
  • Sh. Ajit ChathaNon-Executive Independent Director₹120,000
  • Sh. Shashi GuptaNon-Executive Independent Director₹310,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
26
Environment
17
Social
29
Governance
33
Direct emissions (scope 1)
41,126 t
Energy emissions (scope 2)
91,585 t
Value chain emissions (scope 3)
1,787,062 t
Women in the workforce
1.71367%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Steel Strips Wheels Ltd. manufactures steel wheels for two and three-wheelers in India.
  • The company operates manufacturing facilities in Dappar, Oragadam, Jamshedpur, Mehsana, and Saraikela.
  • Steel Strips Wheels Ltd. provides alloy wheels for commercial vehicles and MUVs.

Weaknesses

  • Steel Strips Wheels Ltd. has no presence in international markets beyond India.
  • The company's product range lacks high-speed trailer and caravan wheels.
  • Steel Strips Wheels Ltd. does not offer hot rolling mill services internationally.

Opportunities

  • Steel Strips Wheels Ltd. can expand its alloy wheel offerings for MUVs in India.
  • The company can leverage its manufacturing facilities in Punjab and Tamil Nadu for growth.
  • Steel Strips Wheels Ltd. has potential to increase sales in the commercial vehicle segment.

Threats

  • Steel Strips Wheels Ltd. faces competition from domestic manufacturers in India.
  • The company's reliance on India's automotive sector poses a risk.
  • Steel Strips Wheels Ltd. may encounter supply chain disruptions in Jharkhand.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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