Steel Strips Wheels Limited
Steel Strips Wheels Limited engages in the design, manufacture, and sale of automotive wheel rims and other auto components in India and internationally. It offers steel wheels rims, alloy wheel rims, and hot rolling mills for two and three wheelers, passenger cars, multi utility vehicles, tractors, commercial vehicles, and OTR vehicles; trailer and caravan; and aluminium steering knuckle. The co… Read more
Steel Strips Wheels Limited (SSWL) - Net Assets
Latest net assets as of September 2025: ₹17.11 Billion INR
Based on the latest financial reports, Steel Strips Wheels Limited (SSWL) has net assets worth ₹17.11 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹34.20 Billion) and total liabilities (₹17.09 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹17.11 Billion |
| % of Total Assets | 50.04% |
| Annual Growth Rate | 18.82% |
| 5-Year Change | 116.96% |
| 10-Year Change | 254.13% |
| Growth Volatility | 29.91 |
Steel Strips Wheels Limited - Net Assets Trend (2006–2025)
This chart illustrates how Steel Strips Wheels Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Steel Strips Wheels Limited (2006–2025)
The table below shows the annual net assets of Steel Strips Wheels Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹16.26 Billion | +12.72% |
| 2024-03-31 | ₹14.42 Billion | +27.10% |
| 2023-03-31 | ₹11.35 Billion | +19.21% |
| 2022-03-31 | ₹9.52 Billion | +27.03% |
| 2021-03-31 | ₹7.49 Billion | +7.36% |
| 2020-03-31 | ₹6.98 Billion | +2.38% |
| 2019-03-31 | ₹6.82 Billion | +16.67% |
| 2018-03-31 | ₹5.84 Billion | +7.93% |
| 2017-03-31 | ₹5.41 Billion | +17.93% |
| 2016-03-31 | ₹4.59 Billion | +15.14% |
| 2015-03-31 | ₹3.99 Billion | +9.46% |
| 2014-03-31 | ₹3.64 Billion | +6.37% |
| 2013-03-31 | ₹3.42 Billion | +10.79% |
| 2012-03-31 | ₹3.09 Billion | +9.25% |
| 2011-03-31 | ₹2.83 Billion | +49.63% |
| 2010-03-31 | ₹1.89 Billion | +10.98% |
| 2009-03-31 | ₹1.70 Billion | +11.86% |
| 2008-03-31 | ₹1.52 Billion | +140.10% |
| 2007-03-31 | ₹634.31 Million | +3.28% |
| 2006-03-31 | ₹614.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Steel Strips Wheels Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 438231400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹156.93 Million | 0.97% |
| Other Comprehensive Income | ₹17.03 Billion | 104.73% |
| Other Components | ₹3.46 Billion | 21.26% |
| Total Equity | ₹16.26 Billion | 100.00% |
Steel Strips Wheels Limited Competitors by Market Cap
The table below lists competitors of Steel Strips Wheels Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HUSCOMPAGNIET A/S DK 5
F:HCE
|
$84.29 Million |
|
Fine Foods & Pharmaceuticals N.T.M. S.p.A.
F:9S5
|
$84.35 Million |
|
GoPro Inc
NASDAQ:GPRO
|
$84.39 Million |
|
CENTRALNIC GROUP LS -001
F:4CN
|
$84.41 Million |
|
Pashupati Cotspin Limited
NSE:PASHUPATI
|
$84.25 Million |
|
Asian Granito India Limited
NSE:ASIANTILES
|
$84.16 Million |
|
Lix Detergent JSC
VN:LIX
|
$84.11 Million |
|
Dimeco Inc
OTCQX:DIMC
|
$84.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Steel Strips Wheels Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,422,367,000 to 16,256,801,000, a change of 1,834,434,000 (12.7%).
- Net income of 1,952,845,000 contributed positively to equity growth.
- Dividend payments of 156,929,000 reduced retained earnings.
- Other comprehensive income increased equity by 6,793,132,000.
- Other factors decreased equity by 6,754,614,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.95 Billion | +12.01% |
| Dividends Paid | ₹156.93 Million | -0.97% |
| Other Comprehensive Income | ₹6.79 Billion | +41.79% |
| Other Changes | ₹-6.75 Billion | -41.55% |
| Total Change | ₹- | 12.72% |
Book Value vs Market Value Analysis
This analysis compares Steel Strips Wheels Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 36.43x to 1.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹5.13 | ₹186.77 | x |
| 2007-03-31 | ₹5.61 | ₹186.77 | x |
| 2008-03-31 | ₹12.13 | ₹186.77 | x |
| 2009-03-31 | ₹12.65 | ₹186.77 | x |
| 2010-03-31 | ₹13.61 | ₹186.77 | x |
| 2011-03-31 | ₹19.06 | ₹186.77 | x |
| 2012-03-31 | ₹20.32 | ₹186.77 | x |
| 2013-03-31 | ₹22.62 | ₹186.77 | x |
| 2014-03-31 | ₹23.93 | ₹186.77 | x |
| 2015-03-31 | ₹26.12 | ₹186.77 | x |
| 2016-03-31 | ₹29.94 | ₹186.77 | x |
| 2017-03-31 | ₹34.91 | ₹186.77 | x |
| 2018-03-31 | ₹37.49 | ₹186.77 | x |
| 2019-03-31 | ₹42.33 | ₹186.77 | x |
| 2020-03-31 | ₹43.36 | ₹186.77 | x |
| 2021-03-31 | ₹47.95 | ₹186.77 | x |
| 2022-03-31 | ₹60.83 | ₹186.77 | x |
| 2023-03-31 | ₹72.33 | ₹186.77 | x |
| 2024-03-31 | ₹91.92 | ₹186.77 | x |
| 2025-03-31 | ₹103.14 | ₹186.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Steel Strips Wheels Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.41%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 2.09x
- Recent ROE (12.01%) is below the historical average (13.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 17.07% | 7.24% | 0.75x | 3.15x | ₹43.42 Million |
| 2007 | 22.12% | 0.00% | 0.00x | 3.85x | ₹76.88 Million |
| 2008 | 10.82% | 0.00% | 0.00x | 2.80x | ₹12.44 Million |
| 2009 | 4.57% | 2.46% | 0.66x | 2.81x | ₹-92.43 Million |
| 2010 | 7.68% | 3.46% | 0.69x | 3.23x | ₹-43.83 Million |
| 2011 | 10.53% | 4.54% | 0.79x | 2.95x | ₹15.11 Million |
| 2012 | 9.31% | 3.00% | 1.00x | 3.10x | ₹-21.45 Million |
| 2013 | 7.31% | 2.88% | 0.80x | 3.17x | ₹-91.96 Million |
| 2014 | 6.68% | 2.53% | 0.81x | 3.25x | ₹-120.95 Million |
| 2015 | 9.88% | 3.78% | 0.87x | 3.01x | ₹-4.65 Million |
| 2016 | 13.33% | 5.58% | 0.83x | 2.89x | ₹152.75 Million |
| 2017 | 13.12% | 5.33% | 0.77x | 3.20x | ₹169.00 Million |
| 2018 | 12.85% | 4.95% | 0.70x | 3.72x | ₹166.66 Million |
| 2019 | 12.08% | 4.04% | 0.95x | 3.16x | ₹141.87 Million |
| 2020 | 3.36% | 1.51% | 0.71x | 3.12x | ₹-463.45 Million |
| 2021 | 6.57% | 2.83% | 0.73x | 3.17x | ₹-256.80 Million |
| 2022 | 21.59% | 5.77% | 1.32x | 2.84x | ₹1.10 Billion |
| 2023 | 17.08% | 4.80% | 1.45x | 2.45x | ₹803.23 Million |
| 2024 | 46.78% | 15.48% | 1.32x | 2.29x | ₹5.30 Billion |
| 2025 | 12.01% | 4.41% | 1.30x | 2.09x | ₹327.16 Million |
Industry Comparison
This section compares Steel Strips Wheels Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,046,583,226
- Average return on equity (ROE) among peers: 17.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Steel Strips Wheels Limited (SSWL) | ₹17.11 Billion | 17.07% | 1.00x | $84.27 Million |
| Apollo Tyres Limited (APOLLOTYRE) | $34.01 Billion | 18.01% | 1.52x | $1.47 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $26.42 Billion | 14.05% | 1.57x | $840.09 Million |
| Automotive Stampings and Assemblies Limited (ASAL) | $562.65 Million | 17.77% | 2.25x | $19.03 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $228.28 Million |
| Automotive Axles Limited (AUTOAXLES) | $3.02 Billion | 6.60% | 0.72x | $87.35 Million |
| Autoline Industries Limited (AUTOIND) | $1.39 Billion | 7.99% | 2.15x | $12.36 Million |
| Balkrishna Industries Limited (BALKRISIND) | $8.61 Billion | 22.59% | 1.53x | $2.01 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $1.36 Billion | 31.89% | 0.52x | $284.60 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $562.62 Million |
| Bharat Forge Limited (BHARATFORG) | $24.21 Billion | 12.59% | 2.14x | $5.34 Billion |