Steel Strips Wheels Ltd (BOM:513262)
₹ 310.7 -2.1 (-0.67%) Market Cap: 48.86 Bil Enterprise Value: 57.03 Bil PE Ratio: 23.04 PB Ratio: 2.70 GF Score: 78/100

Q4 2026 Steel Strips Wheels Ltd Earnings Call Transcript

Jun 02, 2026 / 05:00AM GMT
Release Date Price: ₹210.05 (+6.92%)

Key Points

Positve
  • Steel Strips Wheels Ltd (BOM:513262) achieved its highest ever revenue, registering a 17% year-on-year growth.
  • The company reported a 20% year-on-year revenue growth for the current quarter, driven by strong domestic demand and GST cuts.
  • EBITDA for the quarter reached INR 152.52 crores, the highest ever for a single quarter, supported by better operating leverage and higher utilization.
  • The alloy wheel segment grew by 30% in value, contributing 36% to the total revenue, driven by increased demand for premium aluminum wheels.
  • The company is projecting a 15% to 20% growth in profit after tax for the upcoming year, based on high capacity utilization and strong order books.
Negative
  • The second quarter of the previous year negatively impacted momentum due to export challenges and tariffs imposed by the US.
  • Exports declined by 19% due to tariffs, although the situation has improved with a level playing field now.
  • The company faced manpower shortages, resulting in a loss of INR 80 crores in sales, although this issue has been resolved as of May.
  • Energy costs and availability of manpower have been significant challenges, although the company has managed to gain market share.
  • The profit after tax was slightly lower than the previous year due to higher depreciation costs.
Operator

Ladies and gentlemen, good day, and welcome to Steel Strips Wheels Limited Q4 FY 2026 Earnings Conference Call.

(Operator Instructions) Please note that this conference is recorded. I would now like to hand over the call to Mr. Gulshan Singh from Sunidhi Securities. Thank you, and over to you, sir.

Gulshan Singh
Sunidhi Securities - Analyst

Yes. Thank you, ma'am. Good morning, everyone. On behalf of Sunidhi Securities, I would like to welcome you all to Q4 FY '26 Earnings Call of Steel Strips Wheels Limited. Today, we have with us Mr. Dheeraj Garg, Managing Director; Mr. Rahul Kumar, Chief Financial Officer; Mr. Aditya Dixit, Executive Director, International Marketing and Operations; and Mr. Pranav Jain, Vice President, Finance.

We will start our opening comment from the management team post which we will open the floor for Q&A. Now I will hand over the call to management team. Over to you, Dheeraj sir.

Dheeraj Garg
Steel Strips Wheels Ltd - Managing Director

Good morning, everyone. I hope

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