Steel Strips Wheels Ltd · NSE:SSWL
Steel Strips Wheels — Q4 FY26 Earnings Presentation
35 slides from Steel Strips Wheels's earnings presentation, Jun 1, 2026
Slide 1: Exchange intimation letter for investor presentation
STEEL STRIPS WHEELS LTD. GIN: L271 07P81 985PLC0061 59 Head Office : 150/T516949 Certified SCO 49-50, Sector 26, STEEI- STRIPS GROUP Madhya Marg, Chandigarh 160 019 (lNDlA) Tel : +91 172-2793112, 2790979, 2792385 Fax : +91 172-2794834 | 2790887 Website : wvwv.sswlindia.com Date: 01,06,2026 BSE Limit
Slide 2: Investor Presentation May 2026
STEEL STRIPS WHEELS LIMITED Delivering Value; Seeking Excellence Investor Presentation May 2026
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Steel Strips Wheels Limited (the “Company”), have bee n prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 4: Company Overview
‘cl sees Strips Wheels Limited Company Overview
Slide 5: Company Overview
Company Overview SSWL is a leader in designing & manufacturing Automotive wheels – both Steel & Alloy Wheels category SSWL aspires to be the Preferred Global Brand of Wheel Solution provider committed to excellence Wheel Plants Strategic Partnerships - 5 Operations Founded Excellence Operational Div
Slide 6: Milestones Achieved in FY26
Milestones Achieved in FY26 1 2 3 Highest Ever Highest Ever Highest Ever Yearly Net Revenues Yearly EBITDA^ Total Sales Volume 199.52 Lakhs ₹ Rs 5,183Cr. (+17% YoY) Rs 511 Cr (+5% YoY) (+4% YoY) 4 5 6 Highest Ever Highest Ever Highest Ever Alloy Wheel Volume LCV/HCV Wheel Volume Tractor Wheel Volume
Slide 7: Our Journey
Our Journey Commencement of First Steel Wheels Commercial Production at Dappar Plant, Punjab 1991 Start of 2W & Tractor Wheels Production 2002 Start of LCV Wheels Commercial Production 2006 Start of Commercial Production for Exports Market by supplies of PV to PSA 2007 Peugeot Citroen, France & HCV
Slide 8: Strategic Partnerships
Strategic Partnerships • Tata Steel Limited (through its then wholly -owned subsidiary Company namely Kalimati Investment Company Ltd, which has now merged with Tata Steel Ltd) had TATA Steel Limited, India entered into a Strategic Alliance Agreement in January 2008 with SSWL • Through this relation
Slide 9: Our Products
Our Products I n c l . E xp o r t s a n d s c r a p s Steel Wheels – Rs. 3,248.4 crores (~63%) (FY26 Revenues) Competitive Pricing Suitability Quick Maintenance Robust Wheel More flexible, absorbs Competitively priced; have Requires nothing more Steel Wheels are robust, more shock, thus suitable hig
Slide 10: Product Capacities & Utilization
Product Capacities & Utilization 72% 78% 77% 76% 77% STEEL WHEELS 186 205 205 205 207 FY22 FY23 FY24 FY25 FY26 96% 82% 80% 80% 64% A L L OY W H E E L S Expected ~1.2 million capacity addition in Alloy 62 Wheels aiming to ramp up 50 the total capacity up to 36 42 ~6.2 million for FY27 30 30 FY22 FY23
Slide 11: State-of-the-Art Facilities
State-of-the-Art Facilities Wheel Capac ity (Mn) Catering to PV, MUV, Dappar, Punjab 10.8 Tractor & OTR Corporate Office, Chandigarh 6+1.5 Dappar, Punjab Chennai, Tamil Nadu PV & CV 7.5 Jamshedpur, Jharkhand 2.4 HCV / LCV Bhuj, Gujarat* HCV, Tractor, Jamshedpur, Jharkhand Bhuj, Gujarat * PV Mehsana,
Slide 12: Clientele
Clientele 11 T h e B r a n d Na m e s a n d L o g o s m e n t i o n e d a r e t h e p r o p e r t y o f t h e i r r e s p e c t i v e o w n e r s a n d a r e u s e d h e r e f o r i d e n t i f i c a t i o n p u r p o s e s o n l y .
Slide 13: Steel Wheels
Steel Wheels Domestic Market Share Key Customers Share of Business S t e e l W h e e l S a l e s Vo l u m e 39% Maruti Suzuki 36% (in Lakh Units) Hyundai 25% I n c l . E xp o r t s Mahindra 56% Honda 96% 160 160 160 158 148 Passenger Vehicle MG Motors 100% Kia 30% 53% Key Customers Ashok Leyland TAT
Slide 14: Scaling up Capacity for Aluminium Knuckles
Aluminium Knuckles Scaling up Capacity for Aluminium Knuckles Knuckles In Lakh Units Capacity 11.0 5.0 3.5 Q4 FY26 FY26 FY27E Currently, we are working with 2 leading In FY26 we sold ~2.5 lac Knuckles which OEM’s and as we keep increasing our generated revenue of Rs. 68.5 Crores capacity we would in
Slide 15: Export Profile
Export Profile Russia UK Germany Poland Exports Revenue (Rs. Crs) Canada Netherlands Slovakia USA France Romania Japan Austria Hungary Spain S Korea Italy 561 Morocco 454 Egypt U.A.E. Thailand 157 92 Colombia Brazil Q4 FY26 FY25 FY26 Australia Argentina Customers Locations 14 Map not to scale. All d
Slide 16: Growth Drivers
‘cl sees Strips Wheels Limited Growth Drivers
Slide 17: Growth Drivers
Growth Drivers Sales Mix Shift Shift of Sales Mix towards High Margin Accretive Segments – Alloy Wheel & Exports Operations Optimization Development of Robotic Automated Operation process for Operating Cost Rationalization Diversifying into Aluminium Product Portfolio Exploring various avenues to fo
Slide 18: Shift of Sales Mix to High Margin Alloy Wheels Segment
Shift of Sales Mix to High Margin Alloy Wheels Segment I n c r e a s e d Vo l u m e s f r o m A l l o y W h e e l S a l e s Leading to Increased Contribution to Sales (in Lakh Units) I n c l . E xp o r t s Volume Contribution to Total Sales Volume 33 39 30 Value Contribution to Total Sales Contribut
Slide 19: Balance Sheet KPIs
Balance Sheet KPIs Cash Accruals (Rs. in Crs.) Long Term Debt (Rs. in Crs.) 331 487 310 311 282 274 374 371 382 222 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Net Capex of INR 196 Crs. was incurred through FY26 towards incremental capacity expansion, largely focused on aluminium wheels and al
Slide 20: Dividend Payout History
Dividend Payout History Dividend Declared for 15 % 15 % 20 % 30 % 30 % 40 % 40 % 0% 20 % 75 % 100 % 100 % 125 % 150 % (%) 19.7 15.7 15.7 15.7 11.7 Dividend Paid during 6.2 6.2 4.7 4.7 FY (Rs in Cr) 3.1 3.1 2.3 2.3 0.0 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20^ FY21 FY22 FY23 FY24 FY25 FY26 C o n s i s
Slide 21: Q4 & FY26 Financials
‘cl sees Strips Wheels Limited Q4 & FY26 Financials
Slide 22: Q4 & FY26 Financial Performance Snapshot
Q4 & FY26 Financial Performance Snapshot Revenues from operations EBITDA (Rs. Crs.) PAT (Rs. Crs.) Volumes Revenue Mix EBITDA Margins % PAT Margins % (in Lakh units) (Rs. Crs.) Alloy Wheel Steel Wheel Aluminium Knuckles 10.9 % 10.1 % 5.0 % 4.4 % +19.5% +11.0% +4.5% 6.6% 1,475 149 62 64 51 54 1,234 1
Slide 23: Profit & Loss
Profit & Loss Particulars (Rs. in Crs) Q4 FY26 Q4 FY25 Y-o-Y FY26 FY25 Y-o-Y Revenue from Operations 1,474.6 1,233.9 19.5% 5,182.8 4,429.0 17.0% Cost of Materials Consumed 977.1 807.0 3,463.2 2,878.1 ➢ Revenue growth during the period was largely Changes in Inventory 8.1 11.1 -64.6 -19.9 supported b
Slide 24: Balance Sheet
Balance Sheet Assets (Rs. in Crs) FY26 FY25 Equity & Liabilities (Rs. in Crs) FY26 FY25 Non - Current Assets 2,045.9 1,957.6 Total Equity 1734.8 1543.8 Share Capital 15.7 15.7 Property Plant & Equipments 1,821.9 1,626.1 Other Equity 1719.1 1528.1 CWIP 141.7 271.1 Share application money pending allo
Slide 25: Cash Flow - Snapshot
Cash Flow - Snapshot Particulars (Rs. in Crs) FY26 FY25 Net Profit Before Tax 271 282 Adjustments for: Non -Cash Items / Other Investment or Financial Items 249 210 Operating profit before working capital changes 520 492 Changes in working capital -147 91 Cash generated from Operations 373 583 Direc
Slide 26: Strengthening Balance Sheet
Strengthening Balance Sheet Cash Conversion Cycle Inventory Creditors Debtors In Days 56 48 57 50 51 106 100 94 100 84 89 86 77 77 62 33 30 32 36 25 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 RoCE* RoE* Cash & Cash Equivalents* 18.0% 12.0% Rs. 6.5 Crs. 25 * As o n 3 1 s t M a r c h 2 0 2 6
Slide 27: Performance Ratios
Performance Ratios Return on Equity (RoE) Return on Capital Employed (RoCE) Fixed Asset Turnover Ratio 23% 26% 3.0 3.0 2.8 24% 2.6 2.7 18% 17% 20% 20% 18% 14% 12% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Debt / EBITDA Debt / Equity Current Ratio 2.11 0.76 0.79 1.03
Slide 28: Historical Financials
‘cl sees Strips Wheels Limited Historical Financials
Slide 29: Historical Profit and Loss
Historical Profit and Loss Profit and Loss (Rs in Crs) FY26 FY25 FY24 FY23 FY22 Revenue from Operations 5,182.8 4,429.0 4,357.1 4,040.5 3,560.0 Cost of Materials Consumed 3,463.2 2,878.1 2,854.3 2,688.3 2,221.6 Changes in Inventory -64.6 -19.9 -18.3 -24.7 -34.5 Gross Profit 1784.3 1570.8 1,521.0 1,3
Slide 30: Balance Sheet
Balance Sheet Assets (Rs. in Crs) FY26 FY25 FY24 FY23 FY22 Equity & Liabilities (Rs. in Crs) FY26 FY25 FY24 FY23 FY22 Non - Current Assets 2,045.9 1,957.6 1,919.4 1,603.1 1,497.0 Total Equity 1,734.8 1,543.8 1,345.7 1,134.7 951.8 Share Capital 15.7 15.7 15.7 15.7 15.6 Property Plant & Equipments 1,8
Slide 31: Cash Flow - Snapshot
Cash Flow - Snapshot Particulars (Rs. in Crs) FY26 FY25 FY24 FY23 FY22 Net Profit Before Tax 271 282.0 288.6 291.2 300.9 Adjustments for: Non -Cash Items / Other Investment or Financial Items 249 209.7 183.1 152.1 150.9 Operating profit before working capital changes 520 491.7 471.7 443.4 451.8 Chan
Slide 32: CSR, ESG & Awards
‘cl sees Strips Wheels Limited CSR,ESG & Awards
Slide 33: CSR
CSR OPD infrastructure strengthening at Community Health Centres, Procurement of Promotion of nationally recognized medicines, Medicial financial assistance, sports Nutrition kit support to TB patients Promotion of Education by strengthening government schools & Construction, Renovation & helping po
Slide 34: Awards
Awards Gus Strips Wheels Limited melee MQH FIRST RUNNER-UP CERTIFICATE in quality manage the overall compet
Slide 35: Thank You
Steel Strips Wheels Limited THANK YOU Company: Steel Strips Wheels Limited Investor Relations: Strategic Growth Advisors (SGA) CIN: L27107PB1985PLC006159 CIN: U74140MH2010PTC204285 info@sswlindia.com Mr. Deven Dhruva / Ms. Prachi Chuggani Tel: +91-172 2790979 deven.dhruva@sgapl.net / prachi.chuggani