Steel Strips Wheels Limited Logo

Steel Strips Wheels Limited

SSWL.NS

(2.5)
Stock Price

206,73 INR

0% ROA

14.99% ROE

16.61x PER

Market Cap.

33.187.344.920,00 INR

0% DER

0.47% Yield

4.67% NPM

Steel Strips Wheels Limited Stock Analysis

Steel Strips Wheels Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Steel Strips Wheels Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (18.85%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 ROA

The stock's ROA (6.36%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 DER

The stock maintains a fair debt to equity ratio (68%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Dividend

Investors can take comfort in the fact that the company has consistently distributed dividends over the past three years, demonstrating a commitment to rewarding shareholders.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (12.335) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's elevated P/BV ratio (3.55x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Steel Strips Wheels Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Steel Strips Wheels Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Steel Strips Wheels Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Steel Strips Wheels Limited Revenue
Year Revenue Growth
2006 0
2007 0 0%
2008 3.173.144.029 100%
2009 4.193.455.921 24.33%
2010 6.561.648.724 36.09%
2011 9.572.399.000 31.45%
2012 8.701.857.000 -10%
2013 9.624.557.000 9.59%
2014 10.414.735.000 7.59%
2015 10.965.085.000 5.02%
2016 13.316.645.000 17.66%
2017 15.162.051.000 12.17%
2018 20.370.069.000 25.57%
2019 15.576.487.000 -30.77%
2020 17.399.461.000 10.48%
2021 35.410.368.000 50.86%
2022 40.405.449.000 12.36%
2023 45.348.800.000 10.9%
2023 40.405.450.000 -12.23%
2024 41.011.700.000 1.48%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Steel Strips Wheels Limited Research and Development Expenses
Year Research and Development Expenses Growth
2006 7.921.861
2007 8.335.386 4.96%
2008 9.699.917 14.07%
2009 13.130.756 26.13%
2010 11.812.767 -11.16%
2011 0 0%
2012 17.587.000 100%
2013 28.424.000 38.13%
2014 26.135.000 -8.76%
2015 33.285.000 21.48%
2016 37.175.000 10.46%
2017 41.572.000 10.58%
2018 53.974.000 22.98%
2019 74.643.000 27.69%
2020 64.024.000 -16.59%
2021 81.789.000 21.72%
2022 114.948.000 28.85%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Steel Strips Wheels Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 77.833.747
2007 121.594.785 35.99%
2008 87.430.335 -39.08%
2009 99.005.658 11.69%
2010 132.499.587 25.28%
2011 1.514.232.000 91.25%
2012 130.960.000 -1056.26%
2013 140.975.000 7.1%
2014 144.559.000 2.48%
2015 159.916.000 9.6%
2016 211.109.000 24.25%
2017 157.997.000 -33.62%
2018 183.791.000 14.03%
2019 190.325.000 3.43%
2020 200.972.000 5.3%
2021 360.073.000 44.19%
2022 2.925.522.000 87.69%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Steel Strips Wheels Limited EBITDA
Year EBITDA Growth
2006 367.373.738
2007 433.303.646 15.22%
2008 459.083.287 5.62%
2009 619.105.407 25.85%
2010 885.294.421 30.07%
2011 1.033.425.000 14.33%
2012 1.008.193.000 -2.5%
2013 1.070.078.000 5.78%
2014 1.244.970.000 14.05%
2015 1.545.381.000 19.44%
2016 1.775.353.000 12.95%
2017 2.093.175.000 15.18%
2018 2.583.257.000 18.97%
2019 1.885.615.000 -37%
2020 2.148.895.000 12.25%
2021 4.586.214.000 53.14%
2022 4.552.007.000 -0.75%
2023 5.090.920.000 10.59%
2023 4.640.095.000 -9.72%
2024 4.520.472.000 -2.65%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Steel Strips Wheels Limited Gross Profit
Year Gross Profit Growth
2006 -1.394.657.002
2007 -1.832.564.393 23.9%
2008 825.072.345 322.11%
2009 1.204.046.490 31.48%
2010 1.741.788.640 30.87%
2011 2.972.934.000 41.41%
2012 1.292.459.000 -130.02%
2013 1.695.068.000 23.75%
2014 1.792.879.000 5.46%
2015 2.574.533.000 30.36%
2016 3.871.757.000 33.5%
2017 4.499.641.000 13.95%
2018 5.615.316.000 19.87%
2019 4.375.149.000 -28.35%
2020 4.623.456.000 5.37%
2021 9.775.062.000 52.7%
2022 13.769.053.000 29.01%
2023 15.458.864.000 10.93%
2023 13.769.050.000 -12.27%
2024 9.698.508.000 -41.97%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Steel Strips Wheels Limited Net Profit
Year Net Profit Growth
2006 140.308.113
2007 164.742.165 14.83%
2008 77.939.769 -111.37%
2009 145.248.125 46.34%
2010 298.020.477 51.26%
2011 287.635.000 -3.61%
2012 250.474.000 -14.84%
2013 243.299.000 -2.95%
2014 394.042.000 38.26%
2015 611.811.000 35.59%
2016 710.356.000 13.87%
2017 750.941.000 5.4%
2018 823.559.000 8.82%
2019 234.494.000 -251.21%
2020 492.502.000 52.39%
2021 2.054.641.000 76.03%
2022 1.937.940.000 -6.02%
2023 2.092.016.000 7.36%
2023 1.937.940.000 -7.95%
2024 1.632.260.000 -18.73%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Steel Strips Wheels Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 1
2007 1 0%
2008 1 0%
2009 1 100%
2010 2 50%
2011 2 -100%
2012 2 0%
2013 2 0%
2014 3 50%
2015 4 50%
2016 4 -33.33%
2017 5 25%
2018 5 20%
2019 2 -400%
2020 3 66.67%
2021 13 76.92%
2022 12 -8.33%
2023 13 7.69%
2023 12 -8.33%
2024 10 -20%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Steel Strips Wheels Limited Free Cashflow
Year Free Cashflow Growth
2006 -251.957.768
2007 -455.955.277 44.74%
2008 -452.311.905 -0.81%
2009 -462.070.803 2.11%
2010 -1.119.094.521 58.71%
2011 -513.492.000 -117.94%
2012 -330.366.000 -55.43%
2013 528.900.000 162.46%
2014 999.859.000 47.1%
2015 -198.404.000 603.95%
2016 -2.756.661.000 92.8%
2017 -858.268.000 -221.19%
2018 999.823.000 185.84%
2019 237.414.000 -321.13%
2020 1.128.735.000 78.97%
2021 2.369.827.000 52.37%
2022 2.114.146.000 -12.09%
2023 0 0%
2023 -2.780.928.000 100%
2024 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Steel Strips Wheels Limited Operating Cashflow
Year Operating Cashflow Growth
2006 282.263.822
2007 573.745.137 50.8%
2008 188.396.243 -204.54%
2009 497.261.073 62.11%
2010 326.868.684 -52.13%
2011 758.131.000 56.88%
2012 778.779.000 2.65%
2013 1.145.151.000 31.99%
2014 1.516.806.000 24.5%
2015 946.619.000 -60.23%
2016 1.130.124.000 16.24%
2017 2.511.425.000 55%
2018 1.837.457.000 -36.68%
2019 1.038.899.000 -76.87%
2020 1.691.398.000 38.58%
2021 4.061.121.000 58.35%
2022 3.481.195.000 -16.66%
2023 0 0%
2023 1.047.739.000 100%
2024 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Steel Strips Wheels Limited Capital Expenditure
Year Capital Expenditure Growth
2006 534.221.590
2007 1.029.700.414 48.12%
2008 640.708.148 -60.71%
2009 959.331.876 33.21%
2010 1.445.963.205 33.65%
2011 1.271.623.000 -13.71%
2012 1.109.145.000 -14.65%
2013 616.251.000 -79.98%
2014 516.947.000 -19.21%
2015 1.145.023.000 54.85%
2016 3.886.785.000 70.54%
2017 3.369.693.000 -15.35%
2018 837.634.000 -302.29%
2019 801.485.000 -4.51%
2020 562.663.000 -42.44%
2021 1.691.294.000 66.73%
2022 1.367.049.000 -23.72%
2023 0 0%
2023 3.828.667.000 100%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Steel Strips Wheels Limited Equity
Year Equity Growth
2006 634.312.311
2007 1.523.015.549 58.35%
2008 1.703.700.276 10.61%
2009 1.890.768.162 9.89%
2010 2.829.140.988 33.17%
2011 3.090.899.000 8.47%
2012 3.424.298.000 9.74%
2013 3.642.487.000 5.99%
2014 3.986.890.000 8.64%
2015 4.590.641.000 13.15%
2016 5.413.532.000 15.2%
2017 5.842.771.000 7.35%
2018 6.816.878.000 14.29%
2019 6.979.454.000 2.33%
2020 7.492.981.000 6.85%
2021 9.518.371.000 21.28%
2022 11.347.129.000 16.12%
2023 12.230.577.000 7.22%
2023 14.422.367.000 15.2%
2024 14.422.367.000 0%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Steel Strips Wheels Limited Assets
Year Assets Growth
2006 2.443.216.959
2007 4.271.040.988 42.8%
2008 4.785.791.052 10.76%
2009 6.101.228.515 21.56%
2010 8.343.171.535 26.87%
2011 9.591.055.000 13.01%
2012 10.855.263.000 11.65%
2013 11.838.978.000 8.31%
2014 11.998.242.000 1.33%
2015 13.288.141.000 9.71%
2016 17.325.473.000 23.3%
2017 21.759.410.000 20.38%
2018 21.533.756.000 -1.05%
2019 21.791.052.000 1.18%
2020 23.767.432.000 8.32%
2021 27.015.904.000 12.02%
2022 27.813.593.000 2.87%
2023 29.993.077.000 7.27%
2023 33.036.116.000 9.21%
2024 0 0%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Steel Strips Wheels Limited Liabilities
Year Liabilities Growth
2006 1.808.904.648
2007 2.748.025.439 34.17%
2008 3.082.090.776 10.84%
2009 4.210.460.353 26.8%
2010 5.514.030.547 23.64%
2011 6.500.156.000 15.17%
2012 7.430.965.000 12.53%
2013 8.196.491.000 9.34%
2014 8.011.352.000 -2.31%
2015 8.697.500.000 7.89%
2016 11.911.941.000 26.99%
2017 15.916.639.000 25.16%
2018 14.716.878.000 -8.15%
2019 14.811.598.000 0.64%
2020 16.274.451.000 8.99%
2021 17.497.533.000 6.99%
2022 16.466.464.000 -6.26%
2023 17.762.500.000 7.3%
2023 18.613.749.000 4.57%
2024 0 0%

Steel Strips Wheels Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
272.37
Net Income per Share
12.73
Price to Earning Ratio
16.61x
Price To Sales Ratio
0.78x
POCF Ratio
36.89
PFCF Ratio
36.89
Price to Book Ratio
2.3
EV to Sales
0.79
EV Over EBITDA
7.18
EV to Operating CashFlow
37.36
EV to FreeCashFlow
37.36
Earnings Yield
0.06
FreeCashFlow Yield
0.03
Market Cap
33,19 Bil.
Enterprise Value
33,62 Bil.
Graham Number
162.26
Graham NetNet
2.73

Income Statement Metrics

Net Income per Share
12.73
Income Quality
0.13
ROE
0.15
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.72
EBT Per Ebit
0.74
Ebit per Revenue
0.09
Effective Tax Rate
0.28

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.32
Operating Profit Margin
0.09
Pretax Profit Margin
0.06
Net Profit Margin
0.05

Dividends

Dividend Yield
0
Dividend Yield %
0.47
Payout Ratio
0
Dividend Per Share
1

Operating Metrics

Operating Cashflow per Share
5.73
Free CashFlow per Share
5.73
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.19
Return on Tangible Assets
0
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
2,73
Book Value per Share
0,00
Tangible Book Value per Share
0
Shareholders Equity per Share
91.9
Interest Debt per Share
6.69
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0.09
Current Ratio
0
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
0,43 Bil.
Invested Capital
428808000
Working Capital
0,43 Bil.
Intangibles to Total Assets
0
Average Receivables
2,22 Bil.
Average Payables
3,00 Bil.
Average Inventory
3484760000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Steel Strips Wheels Limited Dividends
Year Dividends Growth
2005 2
2006 2 0%
2007 2 0%
2008 2 0%
2010 1 0%
2011 2 0%
2012 2 0%
2013 2 0%
2014 2 0%
2015 4 66.67%
2016 2 -200%
2017 3 66.67%
2018 4 25%
2019 4 0%
2021 2 -100%
2022 4 33.33%
2023 1 -200%
2024 1 0%

Steel Strips Wheels Limited Profile

About Steel Strips Wheels Limited

Steel Strips Wheels Limited engages in the design, manufacture, and sale of steel wheel rims and alloy wheel rims for automotive vehicles in India and internationally. It offers its products for two and three wheelers, cars, multi utility vehicles, tractors, commercial vehicles, OTR vehicles, and trailers and caravan vehicles. The company was incorporated in 1985 and is headquartered in Chandigarh, India.

CEO
Mr. Dheeraj Garg
Employee
2.801
Address
SCO 49-50
Chandigarh, 160019

Steel Strips Wheels Limited Executives & BODs

Steel Strips Wheels Limited Executives & BODs
# Name Age
1 Mr. Ganesh Niranjan Dhamode
Executive Vice President of Projects
70
2 Mr. Aditya Deepak Dixit
President of Marketing
70
3 Mr. Naveen Sorot
Chief Financial Officer
70
4 Mr. Dheeraj Garg
MD & Executive Director
70
5 Mr. Manohar Lal Jain FCA, FCS
Whole Time Director
70
6 Mr. Sushil Gupta
Senior Executive Director of Marketing
70
7 Mr. Pathik Almoula
Chief Human Resource Officer
70
8 Mr. Rajesh Trikha
Senior Executive Director of Projects
70
9 Mr. Sandeep Sharma
Senior Executive Director of Commercials
70
10 Mr. Mohan Joshi Civil Engg., P.G.D.B.M.
MD & Executive Director
70

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