Steel Strips Wheels Limited
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Steel Strips Wheels Ltd (SSWL) achieved its highest-ever monthly sales turnover by both value and volume in September 2026. Monthly net turnover rose 52.41% Year-on-Year (YoY) to Rs. 625.81 Cr from Rs. 410.60 Cr in September 2025, anchoring the company's highest-ever quarterly (Q2 FY27) and half-yearly (H1 FY27) sales.

Core Performance Metrics

  • Gross Turnover: Reached Rs. 728.18 Cr, representing a 46.90% YoY increase.
  • Volume Expansion: Record total volume grew 22% YoY during the month.
  • Product Mix: Value growth significantly outpaced volume growth, reflecting an improved, higher-margin product mix.

Segment Growth Breakdown

The following table details the YoY performance across domestic and export segments for September 2026:

Segment (Domestic + Exports)Growth by Value YoYGrowth by Volume YoY
Exports (Overall)154%33%
Aluminium82%32%
2&3 Wheeler61%34%
Truck54%37%
Passenger Car – Steel20%12%
Overall52%22%

Operational Drivers & Outlook

  • Global Demand: Export expansion was led by increased international procurement of both steel and aluminium wheels.
  • EV Transition: Growth in the 2&3 Wheeler category was primarily supported by rising electric vehicle demand.
  • Forward Pipeline: A steady domestic OEM order book and early festive demand support stable momentum into the next quarter.

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