Steel Strips Wheels Ltd was incorporated in 1985 and started its operations in 1991. It designs, manufactures, and supplies Steel Wheel Rims and Alloy Wheels for a wide range of domestic and global automobile makers. It is Headquarter in Chandigarh. Presenting below are its Q1 FY26 earnings.
Q1 FY26 Earnings Summary
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Standalone Revenue from Operations: Approximately ₹1,186.78 crore, up about 15.75% year-over-year (YoY).
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Net Profit (Standalone PAT): Approximately ₹49.94 crore, up about 9% YoY from ₹46.2 crore in Q1 FY25.
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EBITDA: About ₹125.15 crore for the quarter.
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EBIT Margin: Around 8.7-9.1%, consistent with prior quarters.
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Growth Drivers: Volume growth driven by improving demand in automotive sector and strong operational execution.
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Segment Performance: Core wheel manufacturing and allied auto component operations showed steady growth; export revenues contributing positively.
Key Management Commentary & Strategic Highlights
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Management highlighted steady growth in automotive OEM demand contributing to volume and revenue expansion.
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Operational efficiencies and cost management efforts helped maintain stable margins despite inflationary pressures.
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Focus on increasing capacity utilization and new client additions in domestic and export markets.
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Emphasis on product quality, innovation, and compliance with new automotive standards driving competitive advantage.
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Outlook remains cautiously optimistic based on improving industry demand, supply chain normalization, and new product launches.
Q4 FY25 Earnings Summary
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Consolidated Total Income: Around ₹1,237 crore, with a growth of roughly 15% YoY.
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Profit After Tax (PAT): Between ₹62 crore range across standalone and consolidated, consistent with sequential improvements.
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EBITDA: Approximately ₹112 crore.
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Margins: EBIT margin was near 8.9–9.1%.
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Performance Drivers: Strong volumes in wheels and centrifugal components; favorable demand from key automotive customers.
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Operational Notes: Cost controls and efficiency improvements aided profitability despite raw material price fluctuations.
To view its previous earnings, please click here