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S

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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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹51.83bn

FY2017FY2026

Net income

₹1.90bn

FY2017FY2026

Free cash flow

₹1.39bn

FY2017FY2026

Shareholders' equity

₹18.05bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹51.83bn₹44.29bn₹43.57bn₹40.41bn₹35.60bn₹17.40bn₹15.58bn₹20.37bn₹15.16bn₹13.32bn
Gross profit₹17.84bn₹15.84bn₹15.21bn₹12.49bn₹9.78bn₹4.62bn₹4.38bn₹5.62bn₹4.50bn₹3.87bn
Research and development—₹186.9m₹173.9m₹114.9m₹81.8m₹64.0m₹74.6m₹54.0m₹41.6m₹37.2m
Operating income₹3.74bn₹3.76bn₹8.43bn₹3.82bn₹3.61bn₹1.48bn₹1.17bn₹1.89bn₹2.09bn₹1.56bn
Net income₹1.90bn₹1.95bn₹6.75bn₹1.94bn₹2.05bn₹492.5m₹234.5m₹823.6m₹750.9m₹710.4m
Diluted earnings per share12.0812.4042.9912.3613.103.151.505.134.604.56

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹38.31bn₹33.98bn₹32.92bn₹27.81bn₹27.02bn₹23.77bn₹21.79bn₹21.53bn₹21.76bn₹17.33bn
Cash and short-term investments₹114.6m₹95.4m₹422.4m₹183.3m₹232.1m₹532.0m₹315.5m₹361.9m₹340.1m₹1.21bn
Total liabilities₹20.27bn₹17.73bn₹18.46bn₹16.47bn₹17.50bn₹16.27bn₹14.81bn₹14.72bn₹15.92bn₹11.91bn
Debt₹8.28bn₹8.28bn₹10.48bn₹6.38bn₹7.78bn₹9.37bn₹10.01bn₹9.88bn₹10.20bn₹9.59bn
Shareholders' equity₹18.05bn₹16.25bn₹14.42bn₹11.35bn₹9.52bn₹7.49bn₹6.98bn₹6.82bn₹5.84bn₹5.41bn
Shares outstanding157m157m157m157m157m156m156m161m163m156m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹3.32bn₹5.17bn₹1.93bn₹3.48bn₹4.06bn₹1.69bn₹1.04bn₹1.84bn₹2.51bn₹1.13bn
Capital spending−₹1.93bn−₹2.12bn−₹3.83bn−₹1.37bn−₹1.69bn−₹562.7m−₹801.5m−₹837.6m−₹3.37bn−₹3.89bn
Free cash flow₹1.39bn₹3.04bn−₹1.90bn₹2.11bn₹2.37bn₹1.13bn₹237.4m₹999.8m−₹858.3m−₹2.76bn
Dividends paid−₹196.5m−₹156.9m−₹156.5m−₹117.4m−₹31.2m−₹31.2m−₹75.2m−₹75.1m−₹56.2m−₹28.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹15.10bn₹14.75bn₹13.21bn₹12.01bn₹11.87bn₹12.34bn₹10.75bn₹10.95bn
Gross profit₹5.24bn₹4.89bn₹3.08bn₹6.38bn₹4.16bn₹4.16bn₹3.91bn₹2.81bn
Operating income₹1.25bn₹1.13bn₹928.3m₹791.8m₹891.0m₹1.08bn₹904.0m₹917.3m
Net income₹694.5m₹608.5m₹466.1m₹355.2m₹472.4m₹606.6m₹477.1m₹461.1m
Diluted earnings per share4.413.862.962.263.003.853.042.94
Cash from operations———₹992.0m—₹5.17bn—₹2.56bn
Capital spending———−₹1.17bn—−₹2.12bn—−₹1.17bn
Free cash flow———−₹182.0m—₹3.04bn—₹1.40bn
Total assets—₹38.31bn—₹34.20bn—₹33.99bn—₹33.03bn
Cash and short-term investments₹114.0m₹114.6m₹124.4m₹124.4m₹101.0m₹101.0m₹101.2m₹101.2m
Debt—₹8.26bn—₹9.03bn—₹8.28bn—₹9.27bn
Shareholders' equity₹18.05bn₹18.05bn₹17.11bn₹17.11bn₹16.26bn₹16.26bn₹15.31bn₹15.31bn

Financial ratios

Data as of 21 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin34.4%35.8%34.9%30.9%27.5%26.6%—
Operating margin7.2%8.5%19.3%9.4%10.1%8.5%—
Net margin3.7%4.4%15.5%4.8%5.8%2.8%—
Return on equity10.5%12.0%46.8%17.1%21.6%6.6%—
Return on assets5.0%5.7%20.5%7.0%7.6%2.1%—
Free cash flow yield9.2%12.8%10.1%8.6%10.1%4.0%—
Revenue growth17.0%1.7%7.8%13.5%104.6%11.7%—
Earnings growth-2.6%-71.1%248.1%-5.7%317.2%110.0%—
Current ratio1.01x0.93x0.91x0.97x1.00x0.96x—
Debt to equity0.46x0.51x0.73x0.56x0.81x1.25x—
Equity ratio47.1%47.8%43.8%40.8%35.2%31.5%—
Interest coverage3.04x3.21x8.49x4.57x4.22x1.76x—
R&D as a share of sales—0.4%0.4%0.3%0.2%0.4%0.5%
Buybacks as a share of market value-0.0%-0.3%-0.1%0.1%-0.2%-0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue8.7%24.4%16.8%
Operating income-0.7%20.4%16.8%
Net income-0.6%31.0%12.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin35.0%34.1%32.5%31.4%
Operating margin7.8%11.0%10.7%10.5%
Net margin4.0%7.0%6.5%5.9%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings44.915.64.621.012.155.033.614.920.324.9
Price to sales1.60.70.71.00.71.60.50.61.01.3

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 30 Oct 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2020FY2019
Paid in the year3.001.251.001.000.750.200.400.40
  • 5-for-1 split · 10 Nov 2022
  • 2-for-1 split · 18 Nov 2021

Sources and methodology

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

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