Steel Strips Wheels Limited Net Assets
Steel Strips Wheels Limited net assets. Based on the latest financial reports, Steel Strips Wheels Limited (SSWL) has net assets worth Rs18.05 Billion INR (≈ $195.18 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs38.31 Billion ≈ $414.35 Million USD) and total liabilities (Rs20.27 Billion ≈ $219.17 Million USD). 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. Also explore net asset momentum of Steel Strips Wheels Limited to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs18.05 Billion |
| % of Total Assets | 47.11% |
| Annual Growth Rate | 18.42% |
| 5-Year Change | 89.61% |
| 10-Year Change | 233.39% |
| Growth Volatility | 29.25 |
Net Assets of Steel Strips Wheels Limited (2006–2026)
Net assets of Steel Strips Wheels Limited from 2006 to 2026. This chart illustrates how Steel Strips Wheels Limited's net assets have evolved over time, based on quarterly financial data. See Steel Strips Wheels Limited balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Steel Strips Wheels Limited (2006–2026)
The table below shows the annual net assets of Steel Strips Wheels Limited from 2006 to 2026. For live market cap and overall valuation, see Steel Strips Wheels Limited (SSWL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs18.05 Billion ≈ $195.18 Million |
+11.06% |
| 2025-03-31 | Rs16.25 Billion ≈ $175.75 Million |
+12.38% |
| 2024-03-31 | Rs14.46 Billion ≈ $156.39 Million |
+27.44% |
| 2023-03-31 | Rs11.35 Billion ≈ $122.71 Million |
+19.21% |
| 2022-03-31 | Rs9.52 Billion ≈ $102.94 Million |
+27.03% |
| 2021-03-31 | Rs7.49 Billion ≈ $81.03 Million |
+7.36% |
| 2020-03-31 | Rs6.98 Billion ≈ $75.48 Million |
+2.38% |
| 2019-03-31 | Rs6.82 Billion ≈ $73.72 Million |
+16.67% |
| 2018-03-31 | Rs5.84 Billion ≈ $63.19 Million |
+7.93% |
| 2017-03-31 | Rs5.41 Billion ≈ $58.55 Million |
+17.93% |
| 2016-03-31 | Rs4.59 Billion ≈ $49.65 Million |
+15.14% |
| 2015-03-31 | Rs3.99 Billion ≈ $43.12 Million |
+9.46% |
| 2014-03-31 | Rs3.64 Billion ≈ $39.39 Million |
+6.37% |
| 2013-03-31 | Rs3.42 Billion ≈ $37.03 Million |
+10.79% |
| 2012-03-31 | Rs3.09 Billion ≈ $33.43 Million |
+9.25% |
| 2011-03-31 | Rs2.83 Billion ≈ $30.60 Million |
+49.63% |
| 2010-03-31 | Rs1.89 Billion ≈ $20.45 Million |
+10.98% |
| 2009-03-31 | Rs1.70 Billion ≈ $18.42 Million |
+11.86% |
| 2008-03-31 | Rs1.52 Billion ≈ $16.47 Million |
+140.10% |
| 2007-03-31 | Rs634.31 Million ≈ $6.86 Million |
+3.28% |
| 2006-03-31 | Rs614.17 Million ≈ $6.64 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Steel Strips Wheels Limited Net Assets Breakdown (March 2026)
Steel Strips Wheels Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs157.18 Million | 0.87% |
| Other Comprehensive Income | Rs17.89 Billion | 99.13% |
| Total Equity | Rs18.05 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 |
|---|---|
|
Madhya Bharat Agro Products Limited
NSE:MBAPL
|
$871.98 Million |
|
Hunan New Wellful Co Ltd
SHG:600975
|
$872.27 Million |
|
Tongyang Life
KO:082640
|
$872.53 Million |
|
Jiangxi Huangshanghuang Group Food Co Ltd
SHE:002695
|
$872.89 Million |
|
Southside Bancshares, Inc.
NASDAQ:SBSI
|
$871.72 Million |
|
Shanghai SK Automation Technology Co. Ltd. A
SHG:688155
|
$871.61 Million |
|
Plazza AG
SW:PLAN
|
$871.47 Million |
|
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
|
$871.40 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 2025 to 2026, total equity changed from 16,254,006,000 to 18,048,135,000, a change of 1,794,129,000 (11.0%).
- Net income of 1,902,180,000 contributed positively to equity growth.
- Dividend payments of 196,476,000 reduced retained earnings.
- New share issuances of 5,022,000 increased equity.
- Other comprehensive income increased equity by 865,531,000.
- Other factors decreased equity by 782,128,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.90 Billion | +10.54% |
| Dividends Paid | Rs196.48 Million | -1.09% |
| Share Issuances | Rs5.02 Million | +0.03% |
| Other Comprehensive Income | Rs865.53 Million | +4.8% |
| Other Changes | Rs-782.13 Million | -4.33% |
| Total Change | Rs- | 11.04% |
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: 4.48x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 99.99x to 4.48x 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 | Rs5.13 | Rs512.55 | x |
| 2007-03-31 | Rs5.61 | Rs512.55 | x |
| 2008-03-31 | Rs12.13 | Rs512.55 | x |
| 2009-03-31 | Rs12.65 | Rs512.55 | x |
| 2010-03-31 | Rs13.61 | Rs512.55 | x |
| 2011-03-31 | Rs19.06 | Rs512.55 | x |
| 2012-03-31 | Rs20.32 | Rs512.55 | x |
| 2013-03-31 | Rs22.62 | Rs512.55 | x |
| 2014-03-31 | Rs23.93 | Rs512.55 | x |
| 2015-03-31 | Rs26.12 | Rs512.55 | x |
| 2016-03-31 | Rs29.94 | Rs512.55 | x |
| 2017-03-31 | Rs34.91 | Rs512.55 | x |
| 2018-03-31 | Rs37.49 | Rs512.55 | x |
| 2019-03-31 | Rs42.33 | Rs512.55 | x |
| 2020-03-31 | Rs43.36 | Rs512.55 | x |
| 2021-03-31 | Rs47.95 | Rs512.55 | x |
| 2022-03-31 | Rs60.83 | Rs512.55 | x |
| 2023-03-31 | Rs72.33 | Rs512.55 | x |
| 2024-03-31 | Rs91.90 | Rs512.55 | x |
| 2025-03-31 | Rs103.12 | Rs512.55 | x |
| 2026-03-31 | Rs114.49 | Rs512.55 | 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): 10.54%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.67%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 2.12x
- Recent ROE (10.54%) is below the historical average (13.11%), 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 | Rs43.42 Million |
| 2007 | 22.12% | 0.00% | 0.00x | 3.85x | Rs76.88 Million |
| 2008 | 10.82% | 0.00% | 0.00x | 2.80x | Rs12.44 Million |
| 2009 | 4.57% | 2.46% | 0.66x | 2.81x | Rs-92.43 Million |
| 2010 | 7.68% | 3.46% | 0.69x | 3.23x | Rs-43.83 Million |
| 2011 | 10.53% | 4.54% | 0.79x | 2.95x | Rs15.11 Million |
| 2012 | 9.31% | 3.00% | 1.00x | 3.10x | Rs-21.45 Million |
| 2013 | 7.31% | 2.88% | 0.80x | 3.17x | Rs-91.96 Million |
| 2014 | 6.68% | 2.53% | 0.81x | 3.25x | Rs-120.95 Million |
| 2015 | 9.88% | 3.78% | 0.87x | 3.01x | Rs-4.65 Million |
| 2016 | 13.33% | 5.58% | 0.83x | 2.89x | Rs152.75 Million |
| 2017 | 13.12% | 5.33% | 0.77x | 3.20x | Rs169.00 Million |
| 2018 | 12.85% | 4.95% | 0.70x | 3.72x | Rs166.66 Million |
| 2019 | 12.08% | 4.04% | 0.95x | 3.16x | Rs141.87 Million |
| 2020 | 3.36% | 1.51% | 0.71x | 3.12x | Rs-463.45 Million |
| 2021 | 6.57% | 2.83% | 0.73x | 3.17x | Rs-256.80 Million |
| 2022 | 21.59% | 5.77% | 1.32x | 2.84x | Rs1.10 Billion |
| 2023 | 17.08% | 4.80% | 1.45x | 2.45x | Rs803.23 Million |
| 2024 | 46.79% | 15.48% | 1.32x | 2.28x | Rs5.30 Billion |
| 2025 | 12.01% | 4.41% | 1.30x | 2.09x | Rs327.44 Million |
| 2026 | 10.54% | 3.67% | 1.35x | 2.12x | Rs97.37 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: $17,037,715,800
- Average return on equity (ROE) among peers: 12.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Steel Strips Wheels Limited (SSWL) | Rs18.05 Billion | 17.07% | 1.12x | $871.73 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $1.97 Billion | -21.73% | 9.90x | $2.73 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $5.19 Billion | 20.62% | 0.68x | $1.26 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $46.54 Billion | 16.62% | 0.39x | $4.58 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $7.10 Billion | 10.78% | 0.57x | $918.62 Million |
| Bharat Gears Limited (BHARATGEAR) | $249.85 Million | 15.93% | 5.23x | $16.06 Million |
| Bosch Limited (BOSCHLTD) | $40.98 Billion | 20.96% | 0.52x | $15.83 Billion |
| CEAT Limited (CEATLTD) | $20.97 Billion | 20.87% | 0.97x | $1.45 Billion |
| CIE Automotive India Limited (CIEINDIA) | $37.16 Billion | 9.65% | 1.04x | $1.43 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $6.83 Billion | 14.25% | 2.40x | $2.95 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $3.40 Billion | 13.57% | 0.19x | $319.35 Million |
About 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