Steel Strips Wheels (NSE:SSWL) Net Margin %: 4.13% (As of Mar. 2026) — Near Median


NSE:SSWL Steel Strips Wheels Ltd NSE:SSWL
86 GF Score
Price ₹229.87
GF Value ₹258.12
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Steel Strips Wheels Net Margin %?

Steel Strips Wheels NSE:SSWL -1.58% 86 Net Margin % is 4.13% as of Mar. 2026, which is 4% below its 10-year median of 4.30. GuruFocus rates NSE:SSWL with a GF Score™ of 86/100 and a GF Value™ of ₹258.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Steel Strips Wheels ranks better than 53.62% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Steel Strips Wheels's Net Income for the three months ended in Mar. 2026 was ₹608 Mil. Steel Strips Wheels's Revenue for the three months ended in Mar. 2026 was ₹14,746 Mil. Therefore, Steel Strips Wheels's net margin for the quarter that ended in Mar. 2026 was 4.13%.

The historical rank and industry rank for Steel Strips Wheels's Net Margin % or its related term are showing as below:

NSE:SSWL' s Net Margin % Range Over the Past 10 Years
Min: 1.51   Med: 4.3   Max: 15.54
Current: 3.67


NSE:SSWL's Net Margin % is ranked better than
53.62% of 1326 companies
in the Vehicles & Parts industry
Industry Median: 3.205 vs NSE:SSWL: 3.67

Steel Strips Wheels  (NSE:SSWL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Steel Strips Wheels Net Margin % Related Terms


Steel Strips Wheels Net Margin % Historical Data

* Premium members only.

The historical data trend for Steel Strips Wheels's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Steel Strips Wheels Net Margin % Chart

Steel Strips Wheels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.77 4.81 15.54 4.41 3.67

Steel Strips Wheels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.92 3.98 2.96 3.53 4.13

NSE:SSWL vs ORLY, AZO: Net Margin % Comparison

For the Auto Parts subindustry, Steel Strips Wheels's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Steel Strips Wheels Net Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Net Margin % distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's Net Margin % falls into.


NSE:SSWL
86GF Score
Steel Strips Wheels Ltd NSE:SSWL
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Strips Wheels Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Steel Strips Wheels's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=1902.18/51828.025
=3.67 %

Steel Strips Wheels's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=608.474/14746.342
=4.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 4.13% mean?
Steel Strips Wheels (NSE:SSWL) has a Net Margin % of 4.13% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Steel Strips Wheels and its competitors. This is near median its historical median of 4.30. Over the past decade, Steel Strips Wheels' Net Margin % has ranged from 1.51 to 15.54. According to the industry distribution chart, Steel Strips Wheels ranks #615 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 46.4%.
Is Steel Strips Wheels' Net Margin % too high?
Steel Strips Wheels' current Net Margin % of 4.13% is near median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 15.54. The Vehicles & Parts industry median Net Margin % is 3.21. Steel Strips Wheels' value of 4.13% is 28.9% above this industry median. Based on the distribution chart, Steel Strips Wheels ranks #615 out of 1326 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Steel Strips Wheels has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' Net Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Steel Strips Wheels ranks #615 out of 1326 companies for Net Margin %. This puts Steel Strips Wheels in the upper half of its industry. The industry median Net Margin % is 3.21. Steel Strips Wheels' value of 4.13% is 28.9% above this benchmark. Historically, Steel Strips Wheels' own Net Margin % has ranged from 1.51 to 15.54 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 3.21, Steel Strips Wheels has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steel Strips Wheels's current Net Margin % of 4.13% is 28.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Steel Strips Wheels and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current Net Margin % is 4.13%, which is near median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹258.12, compared to a current price of ₹229.87 — trading 10.9% below its estimated fair value. The current Net Margin % is 4.13%, which is near median its 10-year median of 4.30 and 28.9% above the Vehicles & Parts industry median of 3.21. Steel Strips Wheels' overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Steel Strips Wheels (NSE:SSWL), the current Net Margin % is 4.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be undervalued. The current stock price of ₹229.87 is trading 10.9% below its estimated GF Value™ of ₹258.12. GuruFocus considers Steel Strips Wheels to be Modestly Undervalued.

Key valuation signals for NSE:SSWL:

  • Net Margin %: 4.13% (near median its 10-year median of 4.30)
  • GF Value™: ₹258.12 vs. price of ₹229.87 (10.9% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 28.9% above the Vehicles & Parts median (#615 of 1326)

No single metric tells the full story. See the NSE:SSWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
86GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹229.87
Price
₹258.12
GF Value