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India Nippon Electricals Ltd vs Steel Strips Wheels Ltd Stock Comparison

India Nippon Electricals Ltd vs Steel Strips Wheels Ltd Stock Comparison

Last Updated on: May 18, 2026

Key Highlights

  • The Latest Trading Price of India Nippon Electricals Ltd is ₹ 778.25 as of 18 May 13:53 . The P/E Ratio of India Nippon Electricals Ltd changed from 19.1 on March 2022 to 21 on March 2021 . This represents a CAGR of 1.91% over 5 yearsThe P/E Ratio of Steel Strips Wheels Ltd changed from 12.3 on March 2022 to 0 on March 2021 . This represents a CAGR of -100.00% over 5 years The Market Cap of India Nippon Electricals Ltd changed from ₹ 961.3 crore on March 2022 to ₹ 834.17 crore on March 2021 . This represents a CAGR of -2.80% over 5 yearsThe Market Cap of Steel Strips Wheels Ltd changed from ₹ 2521 crore on March 2022 to ₹ 0 crore on March 2021 . This represents a CAGR of -100.00% over 5 years The revenue of India Nippon Electricals Ltd for the Dec '25 is ₹ 280.27 crore as compare to the Sep '25 revenue of ₹ 279.46 crore. This represent the growth of 0.29% The revenue of Steel Strips Wheels Ltd for the Dec '25 is ₹ 1321 crore as compare to the Sep '25 revenue of ₹ 1201 crore. This represent the growth of 9.96% The ebitda of India Nippon Electricals Ltd for the Dec '25 is ₹ 37.86 crore as compare to the Sep '25 ebitda of ₹ 36.43 crore. This represent the growth of 3.93% The ebitda of Steel Strips Wheels Ltd for the Dec '25 is ₹ 127.72 crore as compare to the Sep '25 ebitda of ₹ 112.33 crore. This represent the growth of 13.7% The net profit of India Nippon Electricals Ltd changed from ₹ 18.14 crore to ₹ 24.93 crore over 7 quarters. This represents a CAGR of 19.92% The net profit of Steel Strips Wheels Ltd changed from ₹ 40.81 crore to ₹ 46.61 crore over 7 quarters. This represents a CAGR of 7.89% The Dividend Payout of India Nippon Electricals Ltd changed from 33.35 % on March 2021 to 34.47 % on March 2025 . This represents a CAGR of 0.66% over 5 yearsThe Dividend Payout of Steel Strips Wheels Ltd changed from 6.34 % on March 2021 to 9.34 % on March 2025 . This represents a CAGR of 8.06% over 5 years .

About India Nippon Electricals Ltd

  • India Nippon Electricals Limited (INEL), established in 1984 is a leading manufacturer of Ignition Systems for auto industry in technical collaboration with Mahle Electric Drives Japan Corporation, Japan.
  • In addition to the support from collaborators, the Company has developed Research & Development Centre recognised by DSIR, Govt of India.
  • The Company has three manufacturing facilities in India and supplies to domestic as well as overseas markets.
  • The Company caters to a diverse range of segments including two-wheelers, three-wheelers, portable generators, and small gasoline engines. The Company is into manufacture of vital electronic ignition systems for two-wheelers, Portable Gensets and three wheelers.
  • The vital electronic ignition parts manufactured by INEL includes Flywheel Magnetos, Capacitor Discharge Ignition(CDI) units, Ignition Coils, Integral Units and Regulators/Rectifiers.

About Steel Strips Wheels Ltd

  • Steel Strips Wheels Limited (SSWL), a part of the multifaceted Steel Strips Group, was established on February 28, 1985.
  • The Company is a leading manufacturer of Automotive Wheel Rims and other auto components.
  • SSWL started commercial production from 1991.
  • The company is armed with the latest know-how, manufacturing automobile wheel rims at the manufacturing unit at Chandigarh. The company introduced for the first time in the country - Cathodic Electro Deposition to its product range.
  • Its surface coating plant has been supplied, erected and commissioned by a leading company from the US. The Rim Line unit has been supplied by Hess Engineering, US, and the paint shop has been supplied by George Koch Sons, US. SSWL's main clients are Maruti Udyog (MUL), Mahindra & Mahindra, Bajaj Tempo, etc.

FAQs for the comparison of India Nippon Electricals Ltd and Steel Strips Wheels Ltd

Which company has a larger market capitalization, India Nippon Electricals Ltd or Steel Strips Wheels Ltd?

Market cap of India Nippon Electricals Ltd is 1,697 Cr while Market cap of Steel Strips Wheels Ltd is 3,237 Cr

What are the key factors driving the stock performance of India Nippon Electricals Ltd and Steel Strips Wheels Ltd?

The stock performance of India Nippon Electricals Ltd and Steel Strips Wheels Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for India Nippon Electricals Ltd and Steel Strips Wheels Ltd?

As of May 18, 2026, the India Nippon Electricals Ltd stock price is INR ₹750.4. On the other hand, Steel Strips Wheels Ltd stock price is INR ₹206.0.

How do dividend payouts of India Nippon Electricals Ltd and Steel Strips Wheels Ltd compare?

To compare the dividend payouts of India Nippon Electricals Ltd and Steel Strips Wheels Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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