Steel Strips Wheels Ltd · NSE:SSWL
Steel Strips Wheels — Q1 FY26 Earnings Presentation
32 slides from Steel Strips Wheels's earnings presentation, Aug 2, 2025
Slide 1: Intimation letter to stock exchanges
STEEL STRIPS WHEELS LTD. GIN: L27107P81985PLC0061 59 STEEL STRIPS GROUP Head Office : ISO/TS16949 Gertified SCO 49-50, Sector-26, Madhya Marg, Chandigarh-160 019 (lNDIA) Tel. : +91 -1 72-2793112,2790979,2792385 Fax: +91-172-2794834 | 2790887 Website : www.sswlindia.com Date: 02.08 '2025 India Limite
Slide 2: Steel Strips Wheels Limited Investor Presentation August 2025
STEEL STRIPS WHEELS LIMITED Delivering Value; Seeking Excellence Investor Presentation August 2025
Slide 3: Safe Harbour
Safe Harbour Thi s pr esentati on and the ac c ompanying sl ides ( the “P resentati on”) , whi ch have been pr epared by St eel Strip s Wh eels L imit ed (the “ Com pany”) , have been prepar ed sol el y for i nformati on pur poses and do not consti tute any offer , recommendati on or invitati on to
Slide 4: Company Overview
es 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: Our Journey
Our Journey Commencement of Firs t Steel Wheels Commercial Production at Dappar Plant, Punj ab 1991 Start of 2W & Tractor Wheels Production 2002 Start of L CV Wheels Commercial Production 2006 Start of Commercial Production for Exports Market by supplies of PV to PSA 2007 Peugeot Citroen, France & H
Slide 7: 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 8: Our Products
Our Products I n c l . E x p o r ts Steel Wheels – Rs. 755.4 crores (~64%) (Q1 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 higher acceptance in
Slide 9: Product Capacities & Utilization
Product Capacities & Utilization 77% 72% 78% 77% 65% • Phased addition of 65 lakh steel wheel capacity ST E E L W H E E L S by FY26 • In January 2024, the resolution plan for 270 acquiring AMW 205 205 205 205 Components Limited was 186 successfully implemented through a total payment of ~₹138.15 cro
Slide 10: State-of-the-Art Facilities
State-of-the-Art Facilities W h e el Ca p a city ( M n ) Ca te r ing to PV, MUV, Dappar, Punjab 10.8 Tractor & OTR Corporate Office, Chandigarh Dappar, Punjab 6+1.5 Chennai, Tamil Nadu PV & CV 7.5 Bhuj, Gujarat* Jamshedpur, Jharkhand 2.2 HCV / LCV Jamshedpur, Jharkhand Mehs ana, Gujarat Saraikela, J
Slide 11: Clientele
Clientele 10 T h e B r a n d N a 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 ati o n p u r p o s e s o n l y .
Slide 12: Steel Wheels
Steel Wheels Dome st i c M arke t Share K ey Cus t o m ers K ey Pl a t f o rm s S hare of Bus i ne s s S t e e l W h e e l S a l e s Vo l u m e 37% Mar uti Suz uki Ciaz , B ale no, Sc ros s , B re z z a, Ce le rio 36% (in Lakh Units) H yundai V e nue , Grandi10, V e rna 26% I n c l . E x p o r ts Ma
Slide 13: Aluminium Knuckles Capacity
Aluminium Knuckles Scaling up Capacity for Aluminium Knuckles Knuckles In L akh U nits Capacity 10.0 5.0 2.5 Q1 FY26 Q2 FY26E FY26E Currently, we are working with 2 leading IIn Q1 FY26 we sold ~50k Knuckles which OEM’s and as we keep increasing our generated revenue of Rs. 13.2 Crores capacity we wo
Slide 14: Export Profile
Export Profile Exports Revenue (Rs. Crs) +30% 160 Russia Germany UK 123 Poland Canada Netherlands Slovakia FY25 USA France Romania Japan FY26 Austria Hungary Spain S Korea Italy Morocco Egypt U.A.E. Q1 Thailand Region Wise Export Revenue Contribution % Colombia 74% 71% Brazil 64% 64% 56% Australi Ar
Slide 15: Growth Drivers
es Strips Wheels Limited Growth Drivers
Slide 16: 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 17: 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 x p o r ts Volume Contribution to Total Sales Volume 33 30 Value Contribution to Total Sales Contribution
Slide 18: Shift of Sales Mix to High Margin Exports Segment
Shift of Sales Mix to High Margin Exports Segment I n c r e a s e d Vo l u m e s f r o m E x p o r t s Increased Revenues from Exports (in Lakh Units) (Rs. Crs.) Q1 FY26 Alloy Wheel Volume Q1 FY26 Alloy Wheel Revenue 0.55 Lakhs unit Rs. 27.96 Crs. 55 829 634 37 561 30 294 15 160 8 FY22 FY23 FY24 FY2
Slide 19: Balance Sheet KPIs
Balance Sheet KPIs Cash Accruals (Rs. in Crs.) Long Term Debt (Rs. in Crs.) RoCE RoE 310 311 548 22.9% 282 274 487 25.9% 24.0% 17.9% 374 371 20.3% 20.0% 17.0% 14.1% 122 222 10.7% 7.1% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 I nc re a s i ng
Slide 20: Dividend Payout History
Dividend Payout History Dividend 15 % 15 % 20 % 30 % 30 % 40 % 40 % 0% 20 % 75 % 100 % 100 % 125 % Declared % 15.7 15.7 15.7 11.7 6.2 6.2 Dividend 4.7 4.7 Pai d (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 C ons i ste nt D i v i de nd pa i d by t
Slide 21: Q1 FY26 Financials
es Strips Wheels Limited Q1 FY26 Financials
Slide 22: Q1 FY26 Financial Performance Snapshot
Q1 FY26 Financial Performance Snapshot Revenues from EBITDA (Rs. Crs.) PAT (Rs. Crs.) Volumes (in Lakh operations Revenue Mix E BI T D A Ma r g ins % PAT M a rg i ns % units) (Rs. Crs.) 11.1 % 10.3 % 4.5 % 4.2 % Alloy Wheel Steel Wheel Aluminium Knuckles +15.8% +7.0% +8.5% +4% 1,187 122 50 48 46 114
Slide 23: Profit & Loss
Profit & Loss Particulars (Rs. in Crs) Q1 FY26 Q1 FY25 Y-o-Y Revenue from Operations 1,186.8 1,025.3 15.8% Cost of Materials Consumed 818.7 649.0 Changes in Inventory -47.6 15.1 Gross Profit 415.7 361.2 15.1% Gross Profit Margin 35.0% 35.2% Employee Cost 102.4 90.2 Other expenses have risen mainly O
Slide 24: Performance Ratios
Performance Ratios Return on Equity (RoE) Return on Capital Employed (RoCE) Fixed Asset Turnover Ratio Increased from 7% in FY21 to 14% in Increased from 11% in FY21 to 20% Improved from 1.4 in FY21 to 2.7 FY25 in FY25 in FY25 23% 26% 3.0 3.0 24% 2.6 2.7 18% 17% 20% 20% 14% 11% 1.4 7% FY21 FY22 FY23
Slide 25: Historical Financials
es Strips Wheels Limited Historical Financials
Slide 26: Historical Profit and Loss
Historical Profit and Loss Profit and Los s (Rs in Crs ) FY25 FY24 FY23 FY22 FY21 Revenue from Operations 4,429.0 4,357.1 4,040.5 3,560.0 1,749.4 Cost of Materials Consumed 2,878.1 2,854.3 2,688.3 2,221.6 1,082.4 Changes in Inventory -19.9 -18.3 -24.7 -34.5 16.7 Gros s Profit 1570.8 1,521.0 1,376.9
Slide 27: Balance Sheet
Balance Sheet As s et s (R s . i n Crs ) FY 25 FY 24 FY 23 FY 22 FY 21 E qui t y & L i a bi l i t i es (R s . i n Crs ) FY 25 FY 24 FY 23 FY 22 FY 21 No n - Current Asset s 1,957. 6 1,919. 4 1,603. 1 1,497. 0 1,425. 9 T o t a l E qui t y 1543. 8 1345. 7 1,134. 7 951. 8 749. 3 Share Capital 15.7 15.7
Slide 28: Cash Flow - Snapshot
Cash Flow - Snapshot Particulars (Rs . in Crs ) FY25 FY24 FY23 FY22 FY21 Net Profit Before Tax 282.0 288.6 291.2 300.9 63.9 Adj ustments for: Non -Cash Items / Other Investment or Financial Items 209.7 183.1 152.1 150.9 144.5 Operating profit before working capital changes 491.7 471.7 443.4 451.8 20
Slide 29: CSR, ESG & Awards
CSR,ESG & Awards
Slide 30: CSR
CSR Promotion of Education by strengthening government schools & helping poor students by providing Financial Ass istance & providing access to education to Orphan Children who lost their parents due to Covid -19 Providing help to the Mentally Strengthening Community Health Challenged Children in ge
Slide 31: Awards
| Awards Gow Strips Wheels Limited IMC ‘Steel Strips Wheels Limited
Slide 32: Thank You
Steel Strips Wheels Limited THANK YOU Company: Steel Strips Wheels Limited Investor Relations: Strategic Growth Advisors (SGA) CIN: L27107PB1985PLC006159 CIN: U74140MH2010PTC204285 Mr. Naveen Sorot (CFO)/ Mr. Mohan Joshi (DMD) Mr. Deven Dhruva / Mr. Deep Hemani info@sswlindia.com deven.dhruva@sgapl.