Steel Strips Wheels Ltd (SSWL) Q2FY27 Concall Summary - Sep-2026 Qtr
Key Takeaways
- Management confirms the 404 EBITDA per wheel is sustainable, driven by price hikes and a better product mix, not just one-off raw material adjustments.
- A new 1,400 crore greenfield plant in Sambhajinagar will add significant capacity and a new hot stamping business, targeting returns higher than the current 24% ROCE.
- The medium-term export target has been set at 1,500 crores, more than double the current run-rate, led by new OEM wins in Europe for steel and alloy wheels.
Performance Overview
- Achieved the highest-ever quarterly revenue, EBITDA, and PAT in the company's history.
- The alloy wheel segment was the primary growth driver, contributing 45% of total revenue.
- Commercial vehicle segment recorded the highest growth across both domestic and export markets.
- Exports recovered strongly, growing 69% year-over-year in Q2 after a soft first quarter.
- The Board approved an interim dividend of 1.50 per equity share.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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Tone & Disclosure
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