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Last Updated on: 13 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Steel Strips Wheels Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 12, 2025, 12:00 pm

Market Cap 2,688 Cr.
Current Price 172
High / Low 248/170
Stock P/E12.9
Book Value 92.0
Dividend Yield0.58 %
ROCE18.7 %
ROE17.7 %
Face Value 1.00
PEG Ratio0.39

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Steel Strips Wheels Ltd

Competitors of Steel Strips Wheels Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Enkei Wheels India Ltd 931 Cr. 518 760/490350 1310.00 %3.86 %1.14 % 5.00
Wheels India Ltd 1,429 Cr. 585 915/54412.8 3561.27 %12.3 %7.38 % 10.0
Steel Strips Wheels Ltd 2,688 Cr. 172 248/17012.9 92.00.58 %18.7 %17.7 % 1.00
Industry Average1,682.67 Cr425.00125.23193.000.62%11.62%8.74%5.33

All Competitor Stocks of Steel Strips Wheels Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 8611,0631,0161,0819381,0051,0441,1341,1101,0691,0251,0951,075
Expenses 7549529079648318969311,009994958911975956
Operating Profit 107111109117108108113124117111114120118
OPM % 12%10%11%11%12%11%11%11%11%10%11%11%11%
Other Income 2504274327433
Interest 22191821222324262528313026
Depreciation 20192020202022222223252525
Profit before tax 66787180687371797168626770
Tax % 35%38%32%32%35%35%33%34%16%11%25%26%26%
Net Profit 43494855444748526060465052
EPS in Rs 2.733.133.083.492.803.023.043.353.793.852.943.203.30

Last Updated: February 28, 2025, 4:56 pm

Below is a detailed analysis of the quarterly data for Steel Strips Wheels Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹1,075.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,095.00 Cr. (Sep 2024) to ₹1,075.00 Cr., marking a decrease of 20.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹956.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 975.00 Cr. (Sep 2024) to ₹956.00 Cr., marking a decrease of 19.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹118.00 Cr.. The value appears to be declining and may need further review. It has decreased from 120.00 Cr. (Sep 2024) to ₹118.00 Cr., marking a decrease of 2.00 Cr..
  • For OPM %, as of Dec 2024, the value is 11.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 11.00%.
  • For Other Income, as of Dec 2024, the value is ₹3.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 3.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹26.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 30.00 Cr. (Sep 2024) to ₹26.00 Cr., marking a decrease of 4.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹25.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 25.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹70.00 Cr.. The value appears strong and on an upward trend. It has increased from 67.00 Cr. (Sep 2024) to ₹70.00 Cr., marking an increase of ₹3.00 Cr..
  • For Tax %, as of Dec 2024, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 26.00%.
  • For Net Profit, as of Dec 2024, the value is ₹52.00 Cr.. The value appears strong and on an upward trend. It has increased from 50.00 Cr. (Sep 2024) to ₹52.00 Cr., marking an increase of ₹2.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 3.30. The value appears strong and on an upward trend. It has increased from ₹3.20 (Sep 2024) to 3.30, marking an increase of ₹0.10.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:45 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 9681,0561,1481,1771,3301,5182,0411,5631,7493,5604,0414,3574,264
Expenses 8739571,0411,0311,1651,3181,7951,3921,5463,1073,5983,8923,800
Operating Profit 9599108145165200246171204453443465463
OPM % 10%9%9%12%12%13%12%11%12%13%11%11%11%
Other Income 11192119201317221613121617
Interest 3041414351649389848584103116
Depreciation 50533842485362727277809098
Profit before tax 2725497986971093364304291289267
Tax % 6%3%19%23%35%23%24%28%23%32%33%24%
Net Profit 252439615675822349205194220209
EPS in Rs 1.651.602.584.013.584.835.291.513.1613.1612.3814.0113.29
Dividend Payout % 9%9%8%7%8%8%8%0%6%6%8%7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-4.00%62.50%56.41%-8.20%33.93%9.33%-71.95%113.04%318.37%-5.37%13.40%
Change in YoY Net Profit Growth (%)0.00%66.50%-6.09%-64.61%42.13%-24.60%-81.28%184.99%205.32%-323.73%18.77%

Steel Strips Wheels Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:15%
5 Years:16%
3 Years:36%
TTM:-1%
Compounded Profit Growth
10 Years:26%
5 Years:22%
3 Years:65%
TTM:1%
Stock Price CAGR
10 Years:19%
5 Years:24%
3 Years:4%
1 Year:-25%
Return on Equity
10 Years:14%
5 Years:15%
3 Years:20%
Last Year:18%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:35 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 15151515161616161616161616
Reserves 3273493834444965696666827349361,1191,3301,428
Borrowings 6126586316748701,1039881,0019377786391,048927
Other Liabilities 1311621701963494894844806909721,008851889
Total Liabilities 1,0861,1841,2001,3291,7322,1762,1532,1792,3772,7022,7813,2453,259
Fixed Assets 5745715427057451,0291,3291,3071,2591,3601,3491,4571,404
CWIP 9712015452352323538510997163346456
Investments 0000000000499
Other Assets 4144925045726358237717871,0081,2451,2651,4331,390
Total Assets 1,0861,1841,2001,3291,7322,1762,1532,1792,3772,7022,7813,2453,259

Below is a detailed analysis of the balance sheet data for Steel Strips Wheels Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹16.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹16.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹1,428.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,330.00 Cr. (Mar 2024) to ₹1,428.00 Cr., marking an increase of 98.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹927.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹1,048.00 Cr. (Mar 2024) to ₹927.00 Cr., marking a decrease of 121.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹889.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹851.00 Cr. (Mar 2024) to ₹889.00 Cr., marking an increase of 38.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹3,259.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹3,245.00 Cr. (Mar 2024) to ₹3,259.00 Cr., marking an increase of 14.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹1,404.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1,457.00 Cr. (Mar 2024) to ₹1,404.00 Cr., marking a decrease of 53.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹456.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹346.00 Cr. (Mar 2024) to ₹456.00 Cr., marking an increase of 110.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹9.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹9.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹1,390.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1,433.00 Cr. (Mar 2024) to ₹1,390.00 Cr., marking a decrease of 43.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹3,259.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3,245.00 Cr. (Mar 2024) to ₹3,259.00 Cr., marking an increase of 14.00 Cr..

Notably, the Reserves (₹1,428.00 Cr.) exceed the Borrowings (927.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +781151529512123318410416940634865
Cash from Investing Activity +-104-62-34-91-375-299-80-69-37-154-128-370
Cash from Financing Activity +67-71-631825376-113-64-171-248-234292
Net Cash Flow41-185522-110-10-29-395-14-13

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-517.00-559.00-523.00-529.00-705.00199.00-742.00170.00-733.00-325.00-196.00464.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days567452525675354954403237
Inventory Days71746777811079512416510810190
Days Payable516659666813172811371109577
Cash Conversion Cycle768360636951579382383749
Working Capital Days907958616431388097463654
ROCE %6%6%9%11%11%10%12%7%9%23%21%19%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters62.77%62.77%62.60%62.60%62.60%62.68%62.68%62.27%61.91%60.98%60.98%60.98%
FIIs0.12%0.14%0.07%0.14%5.63%5.63%5.63%6.05%6.07%5.94%6.35%6.56%
DIIs0.39%0.44%0.44%0.41%0.63%0.83%1.23%2.12%2.68%4.12%4.03%4.79%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.13%0.13%0.15%0.16%0.00%
Public36.72%36.65%36.89%36.86%31.14%30.86%30.45%29.44%29.18%28.82%28.50%27.69%
No. of Shareholders26,37426,59027,93330,03633,45134,36937,45841,78542,92751,04461,21068,050

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Bandhan Small Cap Fund537,7360.3613.9420,4522025-03-112529.26%
Bandhan Transportation and Logistics Fund250,0001.686.4820,4522025-03-111122.37%
Aditya Birla Sun Life Small Cap Fund75,7780.041.9620,4522025-03-11270.52%
Aditya Birla Sun Life Special Opportunities Fund72,1770.271.8720,4522025-03-11252.91%
Motilal Oswal Nifty Microcap 250 Index Fund37,1320.150.9620,4522025-03-1181.56%
Groww ELSS Tax Saver Fund20,4521.250.5320,4522025-03-110%
Groww Value Fund8,5181.580.2220,4522025-03-11-58.35%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23
FaceValue 1.001.00
Basic EPS (Rs.) 43.0712.39
Diluted EPS (Rs.) 43.0012.35
Cash EPS (Rs.) 49.6617.52
Book Value[Excl.RevalReserv]/Share (Rs.) 91.9072.50
Book Value[Incl.RevalReserv]/Share (Rs.) 91.9072.50
Revenue From Operations / Share (Rs.) 277.65258.16
PBDIT / Share (Rs.) 30.4429.08
PBIT / Share (Rs.) 23.8023.94
PBT / Share (Rs.) 47.4018.61
Net Profit / Share (Rs.) 43.0212.38
NP After MI And SOA / Share (Rs.) 42.9912.38
PBDIT Margin (%) 10.9611.26
PBIT Margin (%) 8.579.27
PBT Margin (%) 17.077.20
Net Profit Margin (%) 15.494.79
NP After MI And SOA Margin (%) 15.484.79
Return on Networth / Equity (%) 46.7817.07
Return on Capital Employeed (%) 18.8723.92
Return On Assets (%) 20.426.96
Long Term Debt / Equity (X) 0.260.14
Total Debt / Equity (X) 0.720.56
Asset Turnover Ratio (%) 1.430.00
Current Ratio (X) 0.900.96
Quick Ratio (X) 0.380.36
Inventory Turnover Ratio (X) 3.990.00
Dividend Payout Ratio (NP) (%) 2.316.05
Dividend Payout Ratio (CP) (%) 2.004.28
Earning Retention Ratio (%) 97.6993.95
Cash Earning Retention Ratio (%) 98.0095.72
Interest Coverage Ratio (X) 4.655.45
Interest Coverage Ratio (Post Tax) (X) 2.973.32
Enterprise Value (Cr.) 4474.752909.08
EV / Net Operating Revenue (X) 1.030.71
EV / EBITDA (X) 9.376.39
MarketCap / Net Operating Revenue (X) 0.790.57
Retention Ratios (%) 97.6893.94
Price / BV (X) 2.412.04
Price / Net Operating Revenue (X) 0.790.57
EarningsYield 0.190.08

After reviewing the key financial ratios for Steel Strips Wheels Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 43.07. This value is within the healthy range. It has increased from 12.39 (Mar 23) to 43.07, marking an increase of 30.68.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 43.00. This value is within the healthy range. It has increased from 12.35 (Mar 23) to 43.00, marking an increase of 30.65.
  • For Cash EPS (Rs.), as of Mar 24, the value is 49.66. This value is within the healthy range. It has increased from 17.52 (Mar 23) to 49.66, marking an increase of 32.14.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 91.90. It has increased from 72.50 (Mar 23) to 91.90, marking an increase of 19.40.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 91.90. It has increased from 72.50 (Mar 23) to 91.90, marking an increase of 19.40.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 277.65. It has increased from 258.16 (Mar 23) to 277.65, marking an increase of 19.49.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 30.44. This value is within the healthy range. It has increased from 29.08 (Mar 23) to 30.44, marking an increase of 1.36.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 23.80. This value is within the healthy range. It has decreased from 23.94 (Mar 23) to 23.80, marking a decrease of 0.14.
  • For PBT / Share (Rs.), as of Mar 24, the value is 47.40. This value is within the healthy range. It has increased from 18.61 (Mar 23) to 47.40, marking an increase of 28.79.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 43.02. This value is within the healthy range. It has increased from 12.38 (Mar 23) to 43.02, marking an increase of 30.64.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 42.99. This value is within the healthy range. It has increased from 12.38 (Mar 23) to 42.99, marking an increase of 30.61.
  • For PBDIT Margin (%), as of Mar 24, the value is 10.96. This value is within the healthy range. It has decreased from 11.26 (Mar 23) to 10.96, marking a decrease of 0.30.
  • For PBIT Margin (%), as of Mar 24, the value is 8.57. This value is below the healthy minimum of 10. It has decreased from 9.27 (Mar 23) to 8.57, marking a decrease of 0.70.
  • For PBT Margin (%), as of Mar 24, the value is 17.07. This value is within the healthy range. It has increased from 7.20 (Mar 23) to 17.07, marking an increase of 9.87.
  • For Net Profit Margin (%), as of Mar 24, the value is 15.49. This value exceeds the healthy maximum of 10. It has increased from 4.79 (Mar 23) to 15.49, marking an increase of 10.70.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 15.48. This value is within the healthy range. It has increased from 4.79 (Mar 23) to 15.48, marking an increase of 10.69.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 46.78. This value is within the healthy range. It has increased from 17.07 (Mar 23) to 46.78, marking an increase of 29.71.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 18.87. This value is within the healthy range. It has decreased from 23.92 (Mar 23) to 18.87, marking a decrease of 5.05.
  • For Return On Assets (%), as of Mar 24, the value is 20.42. This value is within the healthy range. It has increased from 6.96 (Mar 23) to 20.42, marking an increase of 13.46.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.26. This value is within the healthy range. It has increased from 0.14 (Mar 23) to 0.26, marking an increase of 0.12.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.72. This value is within the healthy range. It has increased from 0.56 (Mar 23) to 0.72, marking an increase of 0.16.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.43. It has increased from 0.00 (Mar 23) to 1.43, marking an increase of 1.43.
  • For Current Ratio (X), as of Mar 24, the value is 0.90. This value is below the healthy minimum of 1.5. It has decreased from 0.96 (Mar 23) to 0.90, marking a decrease of 0.06.
  • For Quick Ratio (X), as of Mar 24, the value is 0.38. This value is below the healthy minimum of 1. It has increased from 0.36 (Mar 23) to 0.38, marking an increase of 0.02.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.99. This value is below the healthy minimum of 4. It has increased from 0.00 (Mar 23) to 3.99, marking an increase of 3.99.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 2.31. This value is below the healthy minimum of 20. It has decreased from 6.05 (Mar 23) to 2.31, marking a decrease of 3.74.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 2.00. This value is below the healthy minimum of 20. It has decreased from 4.28 (Mar 23) to 2.00, marking a decrease of 2.28.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 97.69. This value exceeds the healthy maximum of 70. It has increased from 93.95 (Mar 23) to 97.69, marking an increase of 3.74.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 98.00. This value exceeds the healthy maximum of 70. It has increased from 95.72 (Mar 23) to 98.00, marking an increase of 2.28.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 4.65. This value is within the healthy range. It has decreased from 5.45 (Mar 23) to 4.65, marking a decrease of 0.80.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.97. This value is below the healthy minimum of 3. It has decreased from 3.32 (Mar 23) to 2.97, marking a decrease of 0.35.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 4,474.75. It has increased from 2,909.08 (Mar 23) to 4,474.75, marking an increase of 1,565.67.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.03. This value is within the healthy range. It has increased from 0.71 (Mar 23) to 1.03, marking an increase of 0.32.
  • For EV / EBITDA (X), as of Mar 24, the value is 9.37. This value is within the healthy range. It has increased from 6.39 (Mar 23) to 9.37, marking an increase of 2.98.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.79. This value is below the healthy minimum of 1. It has increased from 0.57 (Mar 23) to 0.79, marking an increase of 0.22.
  • For Retention Ratios (%), as of Mar 24, the value is 97.68. This value exceeds the healthy maximum of 70. It has increased from 93.94 (Mar 23) to 97.68, marking an increase of 3.74.
  • For Price / BV (X), as of Mar 24, the value is 2.41. This value is within the healthy range. It has increased from 2.04 (Mar 23) to 2.41, marking an increase of 0.37.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.79. This value is below the healthy minimum of 1. It has increased from 0.57 (Mar 23) to 0.79, marking an increase of 0.22.
  • For EarningsYield, as of Mar 24, the value is 0.19. This value is below the healthy minimum of 5. It has increased from 0.08 (Mar 23) to 0.19, marking an increase of 0.11.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Steel Strips Wheels Ltd as of March 13, 2025 is: ₹169.03

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 13, 2025, Steel Strips Wheels Ltd is Overvalued by 1.73% compared to the current share price 172.00

Intrinsic Value of Steel Strips Wheels Ltd as of March 13, 2025 is: 225.28

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 13, 2025, Steel Strips Wheels Ltd is Undervalued by 30.98% compared to the current share price 172.00

Last 5 Year EPS CAGR: 33.28%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (76.31 cr) and profit (132.31 cr) over the years.
  1. The stock has a low average ROCE of 12.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 61.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 63.17, which may not be favorable.
  4. The company has higher borrowings (835.85) compared to reserves (727.92), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Steel Strips Wheels Ltd:
    1. Net Profit Margin: 15.49%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 18.87% (Industry Average ROCE: 11.62%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 46.78% (Industry Average ROE: 8.74%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.97
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.38
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 12.9 (Industry average Stock P/E: 125.23)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.72
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Steel Strips Wheels Ltd. is a Public Limited Listed company incorporated on 28/02/1985 and has its registered office in the State of Punjab, India. Company's Corporate Identification Number(CIN) is L27107PB1985PLC006159 and registration number is 006159. Currently Company is involved in the business activities of Manufacture of diverse parts and accessories for motor vehecles sucs as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalysers, clutches, steering wheels, steering columns and steering boxes etc.. Company's Total Operating Revenue is Rs. 4357.10 Cr. and Equity Capital is Rs. 15.69 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Auto Ancl - Dr. Trans & Steer - WheelsVillage Somalheri/Lehli, Mohali Punjab 140506ssl_ssg@glide.net.in
http://www.sswlindia.com
Management
NamePosition Held
Mr. Rajender Kumar GargChairman & Non-Exe.Director
Mr. Dheeraj GargManaging & Executive Director
Mr. Mohan JoshiDeputy Managing Director
Mr. Manohar Lal JainExecutive Director
Mr. Sanjay GargNon Exe.Non Ind.Director
Mrs. Deva Bharathi ReddyIndependent Director
Mr. Siddharth BansalIndependent Director
Mr. Surinder Singh VirdIndependent Director
Mr. Sanjay Surajprakash SahniNominee Director
Mr. Shashi Bhushan cuptaIndependent Director
Mr. Ajit Singh ChathaIndependent Director
Mr. Virander Kumar AryaIndependent Director

FAQ

What is the latest intrinsic value of Steel Strips Wheels Ltd?

The latest intrinsic value of Steel Strips Wheels Ltd as on 13 March 2025 is ₹169.03, which is 1.73% lower than the current market price of ₹172.00, indicating the stock is overvalued by 1.73%. The intrinsic value of Steel Strips Wheels Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹2,688 Cr. and recorded a high/low of ₹248/170 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,428 Cr and total liabilities of ₹3,259 Cr.

What is the Market Cap of Steel Strips Wheels Ltd?

The Market Cap of Steel Strips Wheels Ltd is 2,688 Cr..

What is the current Stock Price of Steel Strips Wheels Ltd as on 13 March 2025?

The current stock price of Steel Strips Wheels Ltd as on 13 March 2025 is ₹172.

What is the High / Low of Steel Strips Wheels Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Steel Strips Wheels Ltd stocks is ₹248/170.

What is the Stock P/E of Steel Strips Wheels Ltd?

The Stock P/E of Steel Strips Wheels Ltd is 12.9.

What is the Book Value of Steel Strips Wheels Ltd?

The Book Value of Steel Strips Wheels Ltd is 92.0.

What is the Dividend Yield of Steel Strips Wheels Ltd?

The Dividend Yield of Steel Strips Wheels Ltd is 0.58 %.

What is the ROCE of Steel Strips Wheels Ltd?

The ROCE of Steel Strips Wheels Ltd is 18.7 %.

What is the ROE of Steel Strips Wheels Ltd?

The ROE of Steel Strips Wheels Ltd is 17.7 %.

What is the Face Value of Steel Strips Wheels Ltd?

The Face Value of Steel Strips Wheels Ltd is 1.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Steel Strips Wheels Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE