Steel Strips Wheels Performance Analyzed
Steel Strips Wheels (SSWL) had a mixed quarter and year. They made less profit in the most recent three months (Q3 of their fiscal year 2026) compared to the same time last year. However, their sales went way up.
Key Points
- SSWL’s Q3 profit down 2.3%, but revenue up 22.9%.
- Full-year profit fell 3.9%, while revenue soared 210.28%.
- Company makes steel wheel rims for cars and trucks.
- They sell these rims in India and around the world.
- Stock price increased slightly to Rs 186.55 on BSE.
- Strong sales growth indicates potential market opportunities.
Q3 FY26 Results Breakdown
In Q3 FY26, SSWL’s net profit was Rs 46.61 crore, which is 2.3% lower than the previous year’s Rs 47.71 crore. Despite this decrease, the company’s total sales increased significantly. Revenue jumped by 22.90% to Rs 1,320.81 crore.
Full-Year Financials
Looking at the entire year (FY26), SSWL’s overall profit decreased by 3.90% to Rs 129.37 crore. This was a change from the previous year’s Rs 133.57 crore. The company’s total revenue experienced a dramatic increase of 210.28% to Rs 3,708.17 crore.
About Steel Strips Wheels
SSWL specializes in making the metal parts that go on car wheels – the “rims.” They sell these rims to different types of vehicles, both within India and in other countries. The company operates in the automotive wheel industry.
Stock Performance
On the Bombay Stock Exchange (BSE), SSWL’s stock price increased slightly, rising by 0.19% to Rs 186.55.
Strong revenue growth signals an opportunity for SSWL to further expand its market reach and drive profitability.
