Steel Strips Wheels Future Growth

Future criteria checks 0/6

Steel Strips Wheels's earnings are forecast to decline at 31.3% per annum while its annual revenue is expected to grow at 8.3% per year. EPS is expected to decline by 31.3% per annum. Return on equity is forecast to be 17.8% in 3 years.

Key information

-31.3%

Earnings growth rate

-31.3%

EPS growth rate

Auto Components earnings growth	19.2%
Revenue growth rate	8.3%
Future return on equity	17.8%
Analyst coverage	Low
Last updated	04 Nov 2024

Recent future growth updates

Recent updates

Increases to CEO Compensation Might Be Put On Hold For Now at Steel Strips Wheels Limited (NSE:SSWL)

Sep 23

Steel Strips Wheels' (NSE:SSWL) Shareholders Should Assess Earnings With Caution

May 31

Steel Strips Wheels (NSE:SSWL) Will Be Hoping To Turn Its Returns On Capital Around

Jun 07

Investors Who Bought Steel Strips Wheels (NSE:SSWL) Shares Five Years Ago Are Now Up 121%

Mar 17

The Returns At Steel Strips Wheels (NSE:SSWL) Provide Us With Signs Of What's To Come

Feb 23

Is Steel Strips Wheels (NSE:SSWL) A Risky Investment?

Feb 02

How Many Steel Strips Wheels Limited (NSE:SSWL) Shares Did Insiders Buy, In The Last Year?

Jan 12

What Kind Of Shareholders Hold The Majority In Steel Strips Wheels Limited's (NSE:SSWL) Shares?

Dec 22

Earnings and Revenue Growth Forecasts

NSEI:SSWL - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	52,103	3,634	2,064	3,086	1
3/31/2026	49,109	2,884	2,307	3,801	2
3/31/2025	43,475	2,200	3,323	6,337	1
9/30/2024	42,994	6,619	937	4,029	N/A
6/30/2024	43,380	6,681	N/A	N/A	N/A
3/31/2024	43,571	6,747	-1,900	1,929	N/A
12/31/2023	42,933	2,064	N/A	N/A	N/A
9/30/2023	41,215	1,908	1,212	4,100	N/A
6/30/2023	40,689	1,931	N/A	N/A	N/A
3/31/2023	40,405	1,938	2,114	3,481	N/A
12/31/2022	40,989	1,954	N/A	N/A	N/A
9/30/2022	40,210	1,943	1,133	2,160	N/A
6/30/2022	38,979	2,025	N/A	N/A	N/A
3/31/2022	35,600	2,055	2,370	4,061	N/A
12/31/2021	31,966	2,011	N/A	N/A	N/A
9/30/2021	28,606	1,872	1,861	3,280	N/A
6/30/2021	23,073	1,384	N/A	N/A	N/A
3/31/2021	17,494	493	1,129	1,691	N/A
12/31/2020	14,366	-6	N/A	N/A	N/A
9/30/2020	12,557	-230	-28	587	N/A
6/30/2020	12,130	-294	N/A	N/A	N/A
3/31/2020	15,633	234	237	1,039	N/A
12/31/2019	17,029	486	N/A	N/A	N/A
9/30/2019	18,420	620	N/A	N/A	N/A
6/30/2019	20,111	756	N/A	N/A	N/A
3/31/2019	20,412	824	1,000	1,837	N/A
12/31/2018	19,456	848	N/A	N/A	N/A
9/30/2018	18,604	833	N/A	N/A	N/A
6/30/2018	17,071	802	N/A	N/A	N/A
3/31/2018	15,182	751	N/A	2,331	N/A
12/31/2017	14,685	780	N/A	N/A	N/A
9/30/2017	14,038	725	N/A	N/A	N/A
6/30/2017	13,175	702	N/A	N/A	N/A
3/31/2017	13,300	557	N/A	1,211	N/A
12/31/2016	12,604	688	N/A	N/A	N/A
9/30/2016	12,064	706	N/A	N/A	N/A
6/30/2016	12,147	676	N/A	N/A	N/A
3/31/2016	11,819	612	N/A	947	N/A
12/31/2015	11,671	546	N/A	N/A	N/A
9/30/2015	11,526	486	N/A	N/A	N/A
6/30/2015	11,689	453	N/A	N/A	N/A
3/31/2015	11,528	394	N/A	1,517	N/A
12/31/2014	11,642	318	N/A	N/A	N/A
9/30/2014	11,463	288	N/A	N/A	N/A
6/30/2014	10,952	244	N/A	N/A	N/A
3/31/2014	10,638	243	N/A	1,145	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SSWL's earnings are forecast to decline over the next 3 years (-31.3% per year).

Earnings vs Market: SSWL's earnings are forecast to decline over the next 3 years (-31.3% per year).

High Growth Earnings: SSWL's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SSWL's revenue (8.3% per year) is forecast to grow slower than the Indian market (10.6% per year).

High Growth Revenue: SSWL's revenue (8.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SSWL's Return on Equity is forecast to be low in 3 years time (17.8%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/03 11:24
End of Day Share Price	2025/01/03 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Steel Strips Wheels Limited is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Vijay Sarthy T.S.	Anand Rathi Shares and Stock Brokers Limited
Anil Burra	FirstCall Research
Vijay Madunala	FirstCall Research

Steel Strips Wheels Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 7.9% to ₹328

Price target decreased by 16% to ₹215

Price target increased to ₹254

Recent updates

New major risk - Earnings quality

Second quarter 2025 earnings released: EPS: ₹2.94 (vs ₹3.34 in 2Q 2024)

Steel Strips Wheels Limited Announces Company Secretary / Compliance Officer Changes

Steel Strips Wheels Limited to Report Q2, 2025 Results on Oct 29, 2024

Increases to CEO Compensation Might Be Put On Hold For Now at Steel Strips Wheels Limited (NSE:SSWL)

Upcoming dividend of ₹1.00 per share

Steel Strips Wheels Limited, Annual General Meeting, Sep 30, 2024

First quarter 2025 earnings released: EPS: ₹2.60 (vs ₹3.03 in 1Q 2024)

Steel Strips Wheels Limited to Report Q1, 2025 Results on Jul 23, 2024

Steel Strips Wheels Limited Announces Resignation of Andra Veetil Unnikrishnan as Deputy Managing Director (Executive Director), Member of Corporate Social Responsibility and Sustainability Committee, Risk Management Committee, Share Transfer Committee & Finance Committee

Steel Strips Wheels' (NSE:SSWL) Shareholders Should Assess Earnings With Caution

Price target decreased by 7.9% to ₹328

Now 23% undervalued after recent price drop

Full year 2024 earnings released: EPS: ₹43.07 (vs ₹12.39 in FY 2023)

Steel Strips Wheels Limited to Report Q4, 2024 Results on May 23, 2024

Now 22% undervalued after recent price drop

Board Member recently sold ₹2.4m worth of stock

Now 21% undervalued after recent price drop

Chief Investor Relations Officer recently sold ₹10m worth of stock

Insider recently sold ₹4.3m worth of stock

Third quarter 2024 earnings released: EPS: ₹3.79 (vs ₹2.80 in 3Q 2023)

Sentiment Still Eluding Steel Strips Wheels Limited (NSE:SSWL)

Steel Strips Wheels Limited (BSE:513262) completed the acquisition of Assets of Amw Autocomponent Limited.

Steel Strips Wheels Limited to Report Q3, 2024 Results on Jan 17, 2024

Insider recently sold ₹79m worth of stock

Second quarter 2024 earnings released: EPS: ₹3.34 (vs ₹3.49 in 2Q 2023)

Steel Strips Wheels Limited to Report Q2, 2024 Results on Oct 26, 2023

Steel Strips Wheels Limited Announces Change in Management

Insufficient new directors

Steel Strips Wheels Limited Approves Final Dividend for the Financial Year 2022-23

Upcoming dividend of ₹1.00 per share at 0.4% yield

Investor sentiment improves as stock rises 20%

Returns On Capital Are A Standout For Steel Strips Wheels (NSE:SSWL)

Steel Strips Wheels Limited, Annual General Meeting, Aug 23, 2023

First quarter 2024 earnings released: EPS: ₹3.03 (vs ₹3.08 in 1Q 2023)

Steel Strips Wheels Limited to Report Q1, 2024 Results on Jul 12, 2023

New minor risk - Insider selling

Investor sentiment improves as stock rises 17%

Insider recently sold ₹1.6m worth of stock

Price target decreased by 16% to ₹215

Full year 2023 earnings released: EPS: ₹12.39 (vs ₹13.16 in FY 2022)

Steel Strips Wheels Limited Recommended Final Dividend

Insider recently sold ₹79k worth of stock

Non Executive Chairman recently bought ₹2.9m worth of stock

Third quarter 2023 earnings released: EPS: ₹2.80 (vs ₹2.73 in 3Q 2022)

Steel Strips Wheels Limited to Report Q3, 2023 Results on Jan 30, 2023

Insider recently sold ₹1.2m worth of stock

Steel Strips Wheels (NSE:SSWL) Has A Pretty Healthy Balance Sheet

Price target increased to ₹254

Second quarter 2023 earnings released: EPS: ₹17.44 (vs ₹20.12 in 2Q 2022)

Steel Strips Wheels Limited to Report First Half, 2023 Results on Oct 20, 2022

Upcoming dividend of ₹3.75 per share

Insider recently sold ₹2.2m worth of stock

Steel Strips Wheels Limited, Annual General Meeting, Sep 30, 2022

Steel Strips Wheels Limited, Annual General Meeting, Sep 30, 2022

First quarter 2023 earnings released: EPS: ₹15.41 (vs ₹16.37 in 1Q 2022)

Steel Strips Wheels Limited to Report Q1, 2023 Results on Jul 19, 2022

Full year 2022 earnings released: EPS: ₹65.81 (vs ₹15.79 in FY 2021)

High number of new directors

Steel Strips Wheels Limited to Report Q4, 2022 Results on May 13, 2022

We Like Steel Strips Wheels' (NSE:SSWL) Returns And Here's How They're Trending

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Steel Strips Wheels (NSE:SSWL) Has A Pretty Healthy Balance Sheet

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Deputy MD & Whole Time Director recently sold ₹8.4m worth of stock

Second quarter 2022 earnings released: EPS ₹40.23 (vs ₹9.00 in 2Q 2021)

Insider recently sold ₹2.7m worth of stock

Upcoming dividend of ₹2.00 per share

Deputy MD & Executive Director recently sold ₹5.4m worth of stock