SSWLNSESteel Strips Wheels Limited· Auto AncillariesHighNeutral
Announced Fri, 29 May · 13:08 IST

Steel Strips Wheels Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026. As per attachment enclosed.

Ebitda Margin CompressionResults View source PDF

SSWL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.8%1-day move
₹210.00
prior close
₹205.60
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.4+0.4+0.4-6.8+0.0+3.3+9.0+8.1+11.9+9.4+9.5
Up moveDown movePending
AI summary

Steel Strips Wheels delivered its highest-ever full-year revenue of INR 5,183 Crs in FY26, up 17% YoY. Q4 FY26 revenue stood at INR 1,475 Crs (+19.5% YoY). EBITDA for FY26 was INR 522.96 Crs (+4.5% YoY) and Q4 EBITDA was INR 152.52 Crs (+10.5% YoY). PAT for FY26 was INR 202.09 Crs with Q4 PAT at INR 64.45 Crs (+5.5% YoY). Volume growth was strong across segments: Alloy Wheels +19%, Tractor Wheels +23%, Truck Wheels +11%. The Board recommended a final dividend of Rs. 1.50 per share (150% payout). Statutory auditors AKR & Associates issued an unmodified (clean) opinion on both standalone and consolidated results. No exceptional items were reported.

Likely market impact

Strong topline growth of 17% is positive, but EBITDA margin compression (FY25 ~11.3% vs FY26 ~10.1%) is a concern as PAT growth of ~6% lags revenue growth, indicating cost pressures. The clean audit and dividend payout are shareholder-friendly signals.