Following a record-breaking January 2026, Steel Strips Wheels Limited (SSWL) continues its strong upward trajectory, reporting a 16.84% YOY increase in Net Turnover for February 2026.
Financial Highlights: SSWL achieved a Net Turnover of ₹476.41 Cr in February 2026, compared to ₹407.74 Cr in the same period last year. The company’s Gross Turnover reached ₹549.25 Cr in February 2026, compared to ₹500.62 Cr in the same period last year, reflecting a steady growth of 9.71%.

Key Segment Drivers:

• 2 & 3 Wheeler Dominance: The segment recorded an extraordinary 108% growth in volume, effectively doubling its output YOY and driving significant domestic revenue.
• Agricultural Strength: The Tractor segment remained a key pillar of growth, posting a robust 35% increase in both volume and value.
• Premium Aluminum Shift: The high-margin Aluminum segment grew by 16% in value, as the market continues to transition toward premium wheel solutions.
• Commercial Vehicles: Domestic CV sales remained positive with a 10% growth in value.

Strategic Summary: While the export market continues to face volume challenges (down 53%), the company has successfully offset this through aggressive domestic expansion and a shift toward high-value segments. The overall performance highlights SSWL’s ability to generate 17% value growth on a 5% volume increase, underscoring improved realizations and a superior product mix.