Steel Strips Wheels Limited has informed the Exchange regarding Monthly Business Updates for the month of February 2026
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Awaiting price reaction for this filing.
Steel Strips Wheels Limited reported a 16.84% year-on-year rise in Net Turnover for February 2026, reaching ₹476.41 Cr versus ₹407.74 Cr last year. Gross Turnover grew 9.71% to ₹549.25 Cr. The 2 & 3 Wheeler segment nearly doubled volumes (+108% YoY), driving strong domestic revenue, while the Tractor segment posted a 35% increase in both volume and value. The high-margin Aluminum wheels segment grew 16% in value, reflecting a shift toward premium products. Overall, the company delivered 17% value growth on just 5% volume growth, indicating improved pricing and a better product mix. Exports remain a weak spot, falling 53% in volume, though this was offset by domestic strength.
This is a positive update for shareholders, showing consistent growth momentum, successful premiumization, and improving realizations. However, the sharp 53% drop in export volumes is a key risk worth monitoring, as any sustained weakness there could pressure future overall growth.