Steel Strips Wheels Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 1.50 per equity share. As per attachment enclosed.
SSWL · price
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Steel Strips Wheels Limited's Board approved FY26 results showing strong performance with total revenue of INR 5,183 Crs (17% YoY growth) and PAT of INR 202.09 Crs. The Board recommended a final dividend of Rs. 1.50 per equity share (150% on face value of Rs. 1) subject to shareholder approval at the ensuing AGM. Q4 FY26 also showed robust growth with revenue of INR 1,475 Crs (19.5% YoY) and PAT of INR 64.45 Crs (5.5% YoY). Volume growth was strong across segments: Alloy Wheels up 19%, Tractor Wheels up 23%, and Truck Wheels up 11% YoY. Statutory auditors issued unmodified opinion on both standalone and consolidated results.
The company delivered its highest ever revenue with 17% YoY growth, indicating strong operational performance. The recommended dividend of Rs. 1.50 per share reflects healthy cash generation. Positive signals for shareholders, though without the current stock price, the dividend yield cannot be determined.