SSWL quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Steel Strips Wheels Ltd reported sales of ₹1,930 Cr, operating profit of ₹236 Cr (OPM 12%) and net profit of ₹117 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
SSWL quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
1,075
1,234
1,187
1,201
1,321
1,475
1,510
1,930
Expenses
957
1,100
1,065
1,089
1,193
1,325
1,347
1,694
Operating Profit
118
134
122
111
127
150
163
236
OPM
11%
11%
10%
9%
10%
10%
11%
12%
Other Income
0
1
1
1
0
1
1
1
Interest
26
29
29
32
32
31
32
35
Depreciation
27
28
32
32
35
37
38
45
Profit before tax
64
78
61
48
62
83
93
156
Tax
26%
22%
23%
26%
24%
27%
26%
25%
Net Profit
48
61
47
36
47
61
69
117
EPS in Rs
3.04
3.87
3.01
2.26
2.97
3.87
4.42
7.44
SSWL profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
3,560
4,041
4,357
4,429
5,183
6,235
Expenses
3,107
3,598
3,894
3,945
4,673
5,559
Operating Profit
453
443
464
484
510
676
OPM
13%
11%
11%
11%
10%
11%
Other Income
13
12
487
3
3
4
Interest
85
84
103
117
123
130
Depreciation
77
80
104
111
136
155
Profit before tax
304
291
743
259
254
395
Tax
32%
33%
9%
25%
25%
-
Net Profit
205
194
675
195
190
294
EPS in Rs
13.16
12.38
42.99
12.44
12.1
18.7
Dividend Payout
6%
8%
2%
10%
12%
-
SSWL balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
16
16
16
16
16
Reserves
1,427
1,610
1,696
1,789
1,969
Borrowings
1,048
828
903
828
914
Other Liabilities
802
946
805
1,198
1,561
Total Liabilities
3,293
3,399
3,420
3,831
4,459
Fixed Assets
1,628
1,782
1,713
1,971
2,023
CWIP
363
288
406
154
133
Investments
4
10
10
10
11
Other Assets
1,298
1,318
1,291
1,695
2,292
Total Assets
3,293
3,399
3,420
3,831
4,459
SSWL cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
406
348
193
517
332
Cash from Investing Activity
-154
-128
-365
-196
-186
Cash from Financing Activity
-248
-234
171
-354
-144
Net Cash Flow
5
-14
-1
-33
1
Free Cash Flow
241
212
-188
326
143
CFO/OP
100%
89%
55%
120%
73%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit