# SSWL (SSWL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/sswl

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹468.75
- Change: +19.99%
- As of: 2026-10-23
- 1D return: +19.99%
- 5D return: +16.37%
- 1M return: +26.03%
- Latest complete quarter: fy27_q2

## Technical analytics

- As of: 2026-10-23
- Daily trend: Strong Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹392.53
- Risk regime: Higher Price Risk

### Support levels
- 394
- 304.1
- 287.85

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +19.99% |
| return_10 | +14.19% |
| return_1m | +26.03% |
| return_1y | +109.92% |
| return_20 | +26.03% |
| return_3m | +63.48% |
| return_5 | +16.37% |
| return_6m | +121.20% |
| return_since_start | +127.00% |
| return_ytd | +123.31% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -37.85% |
| annualized_volatility | +42.15% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Steel Strips Wheels Limited FY2026-27 Q2: Significant Profit Surge and Revenue Growth

Steel Strips Wheels Limited reported a notable increase in both revenue and profitability for Q2 FY2026-27. The company's revenue from operations rose to ₹1,929.92 crore, marking a 27.82% QoQ increase from ₹1,509.82 crore in Q1 FY2026-27. Profit before tax also surged to ₹156.19 crore, up from ₹93.28 crore in the same period last year.

## Revenue and Income Growth

Revenue from operations grew to ₹1,929.92 crore in Q2 FY2026-27, up from ₹1,509.82 crore in Q1 FY2026-27 (QoQ increase of 27.82%). Income for the period also increased to ₹1,930.70 crore, up from ₹1,510.66 crore in the previous quarter.

## Profit and Earnings Per Share

Profit before tax and profit loss for period both saw significant increases. Profit before tax rose to ₹156.19 crore, up from ₹93.28 crore in Q1 FY2026-27 (QoQ increase of 67.43%). Earnings per share (EPS) also jumped to ₹7.44 per share, up from ₹4.42 per share in the previous quarter.

## Cash Flow and Balance Sheet

The company generated a cash flow from operating activities of ₹121.6 crore. Free cash flow stood at ₹87 million. The balance sheet showed a rise in assets to ₹4,459.06 crore, up from ₹3,420.07 crore a year ago.

## Key Takeaway

Steel Strips Wheels Limited's Q2 FY2026-27 results reflect robust revenue and profit growth, driven by a significant increase in both top-line and bottom-line metrics, indicating a strong financial performance for the quarter.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +61.21%
- FII holding: +2.97%
- DII holding: +1.37%
- Mutual fund holding: +0.01%
- Retail holding: +16.24%
- Promoter pledged: +0.00%

### Major reported shareholders

- Dheeraj Garg — +29.51%
- SAB INDUSTRIES LIMITED — +8.42% (Bodies Corporate)
- SAB UDYOG LIMITED — +7.27% (Bodies Corporate)
- Tata Steel Limited — +6.91%
- Sumitomo Metal Industries Ltd — +5.40%
- CHANDIGARH DEVELOPERS PRIVATE LTD — +3.85% (Bodies Corporate)
- Sunena Garg — +3.67%
- DHG MARKETING PRIVATE LTD — +3.19% (Bodies Corporate)
- MALWA CHEMTEX UDYOG LTD — +2.45% (Bodies Corporate)
- R K Garg — +1.94%

## Official filings

- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_23102026115430_Outcome30092026Signed.pdf)
- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_23102026120129_Outcome30092026Signed.pdf)
- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_2286_WebXMLFile_20261023_121003525.xml)
- 2026-10-23 — Management Change: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_23102026121249_Outcome30092026Signed.pdf)
- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_23102026121738_Outcome30092026Signed.pdf)
- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2286_WebXMLFile_20261023_122210350.xml)
- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_23102026122531_Outcome30092026Signed.pdf)
- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_23102026122900_Outcome30092026Signed.pdf)
- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_23102026124036_Outcome30092026Signed.pdf)
- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_2286_WebXMLFile_20261023_125334419.xml)
- 2026-10-23 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_2286_WebXMLFile_20261023_125334419.xml)
- 2026-10-23 — Earnings Presentation: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_23102026172911_Intimation_Presentation_Signed.pdf)
- 2026-10-23 — Financial Results Filing: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1744965_23102026065825_WEB.xml)
- 2026-10-23 — Financial Results Filing: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1744964_23102026065726_WEB.xml)
- 2026-10-16 — Regulatory Filing: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL2_10162026120551_54041.zip)
- 2026-10-16 — Regulatory Filing: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_10162026120704_54039.zip)
- 2026-10-16 — Regulatory Filing: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL1_10162026120629_54040.zip)
- 2026-10-16 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_16102026122810_IntimationInvestormeetSigned.pdf)
- 2026-10-16 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2286_WebXMLFile_20261016_123348276.xml)
- 2026-10-16 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_16102026124821_Credit_RatingSigned.pdf)
- 2026-10-15 — Shareholding Disclosure: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1738887_15102026040253_WEB.xml)
- 2026-10-13 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_13102026165614_Regulation74_5_Signed.pdf)
- 2026-10-05 — Board Meeting Notice: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SSWL_05102026122720_BM_INTIMATION_SIGNED.pdf)
- 2026-10-05 — Generic Announcement: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2286_WebXMLFile_20261005_123835348.xml)
- 2026-10-05 — Board Meeting Notice: Steel Strips Wheels Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2286_WebXMLFile_20261005_123835348.xml)

## News and market events

- 2026-09-01 — BUSINESS: **Sensex, Nifty turn red; European markets open near flatline** — The key equity benchmarks pared all recovery gains and traded in the negative territory in afternoon trade. The Nifty traded below the 24,050 level. Bank, financials and auto stocks led the decline while FMCG, IT and metal shares bucked the trend. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-turn-red-european-markets-open-near-flatline-126090100566_1.html)
- 2026-09-01 — BUSINESS: **Sensex gains 196 pts; FMCG shares advance** — At 12:30 IST, the barometer index, the S&P BSE Sensex, jumped 196.41 points or 0.26% to 77,153.68. The Nifty 50 index rose 26.15 points or 0.12% to 24,106.55. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-gains-196-pts-fmcg-shares-advance-126090100497_1.html)
- 2026-07-20 — CNBC-TV18: **India Inc records fastest revenue growth in 14 quarters, margins stay under pressure** — The 115 companies that have reported earnings so far exclude BFSI and oil and gas firms. JSW Steel's earnings were also excluded due to one-off impacts reported during the March quarter. These companies recorded aggregate revenue growth of 15.6 percent year-on-year, marking the second consecutive quarter of double-digit growth. Net profit increased 10.86% year-on-year, compared with 14.23% growth in the previous quarter and 8.7% in the year-ago period, while declining 3.31%. — [Source](https://www.cnbctv18.com/business/india-inc-records-fastest-revenue-growth-in-14-quarters-margins-stay-under-pressure-19949938.htm)
- 2026-07-15 — CNBC-TV18: **Q1 Results LIVE Updates: HDFC AMC profit rises despite margin dip; ICICI Pru Life VNB grows 25%** — Q1 Results LIVE Updates: Life insurance and asset management companies (AMC) such as HDFC Life, HDFC AMC, ICICI Prudential Life, ICICI Lombard, lenders Union Bank, Jana Small Finance Bank, and brokers Groww and Angel one are reporting their earnings today. On the other hand, stocks like L&T Technologies, Tata Elxsi, and Anand Rathi Shares & Stock Brokers, will be reacting to their results today. Watch this space for all the live earnings update. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-hdfc-life-amc-hdb-fin-tata-elxsi-ltts-union-bank-icici-lombard-share-price-liveblog-19945644.htm)
- 2026-07-15 — CNBC-TV18: **Steel Strips Wheels jumps 12% after Q1 profit rises 47%, margin expands** — Steel Strips Wheels shares jumped over 12% after the company reported a strong June-quarter performance, with profit rising 47% and revenue growing 27% year-on-year. — [Source](https://www.cnbctv18.com/market/steel-strips-wheels-share-price-jumps-12-pc-q1-profit-rises-47-pc-margin-expands-19945987.htm)
- 2026-07-15 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty falls over 170 points from highs to turn negative** — Sensex Today | Stock Market LIVE Updates: The markets have fallen sharply and is trading on a very volatile note at this hour. is the second half of the day's trade and the markets are holding ther ground in green. Despite the chaos in the Persian Gulf, the markets are moving on a strong footing. The Nifty is up over 150 points, rising to 24,200. The Nifty bank is also surging, with an uptick of over 550 points, hitting the 58,000 mark. Shriram Finance, Bajaj Fin and Axis Bank are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-infosys-wipro-it-stocks-ibm-angel-groww-hdb-hdfc-amc-life-share-price-liveblog-19945617.htm)

## Business profile

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### Business segments
- **Steel Wheels:** Manufacturing and supply of steel wheels for various automotive applications.
- **Alloy Wheels:** Manufacturing and supply of alloy wheels, with a dedicated production facility.

### Competitive strengths
- Capability to offer the entire portfolio covering steel and alloy wheels.
- Quality First policy and multiple certifications (quality, health & safety, environmental protection).
- Domain knowledge and expertise in automotive wheel manufacturing.
- Strategic partnerships with industry giants.
- Established presence in the automobile industry.
- Extensive customer base across 2 & 3 Wheeler, Car & MUV, Tractor, Commercial Vehicle, OTR, and High Speed Trailer & Caravan segments (Domestic & Export).

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## Freshness and sources

- Data as of: 2026-10-23
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/sswl
Markdown representation: https://faxioms.com/stocks/sswl?render=md