Steel Strips Wheels Ltd (SSWL) — FY26 Annual Report | 3 September 2026 (2 announcements)

Steel Strips Wheels Ltd (SSWL) reported FY 2025-26 standalone revenue of ₹5,18,280.25 lakhs and consolidated revenue of ₹5,18,596.67 lakhs, with profit after tax at ₹20,208.73 lakhs. The company proposed a final dividend of ₹1.50 per share (150% of face value), up from ₹1.25 previously, reflecting improved payout discipline. Capital expenditure rose to ₹20,820.97 lakhs, focused on new manufacturing facilities in Gujarat for alloy wheels and steering knuckles. The Board approved an enhanced borrowing limit of ₹3,500 crores. ESG initiatives included 85% sustainable sourcing, 40% recycled aluminum usage, and 76.83% renewable energy adoption. The AGM is scheduled for 30 September 2026 at 11:00 IST in Mohali, with e-voting available from 27-29 September 2026 via InstaVote. No material changes were observed post-FY2025-26.

Steel Strips Wheels Ltd (SSWL) reported a standalone profit after tax of ₹19,021.80 lakhs for FY 2025-26, up from ₹20,995.02 lakhs in the prior year, with total income rising to ₹518,596.67 lakhs. The company proposed a final dividend of ₹1.50 per share (150% of face value), subject to AGM approval on 30 September 2026, and increased its borrowing limit to INR 3,500 crores. Key financial ratios improved, including a current ratio of 1.17 and debt equity ratio of 0.16, while net profit margin stood at 3.90%. The Board approved reappointments of Managing Director Dheeraj Garg and Non-Executive Director Sanjay Garg, and appointed Rahul Kumar as new CFO. The AGM will be held electronically via InstaVote from 27-29 September 2026, with e-voting eligibility based on the 23 September 2026 record date. Shareholding patterns show promoters at 35.57%, and the company maintains robust ESG compliance with ISO 27001 certification and 85% sustainable sourcing.