Steel Strips Wheels Ltd vs Waaree Technologies Ltd Stock Comparison
Steel Strips Wheels Ltd vs Waaree Technologies Ltd Stock Comparison
Last Updated on: May 05, 2026
Key Highlights
The Latest Trading Price of Steel Strips Wheels Ltd is ₹ 213.2 as of 05 May 15:30
. The P/E Ratio of Steel Strips Wheels Ltd changed from 12.3 on March 2022 to 14.3 on March 2025 . This represents a CAGR of 3.84% over 4 yearsThe P/E Ratio of Waaree Technologies Ltd changed from 0 on March 2022 to 0 on March 2025 . This represents a CAGR of 0.0% over 4 years The Market Cap of Steel Strips Wheels Ltd changed from ₹ 2521 crore on March 2022 to ₹ 2790 crore on March 2025 . This represents a CAGR of 2.57% over 4 yearsThe Market Cap of Waaree Technologies Ltd changed from ₹ 0 crore on March 2022 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 4 years 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 revenue of Waaree Technologies Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% 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 ebitda of Waaree Technologies Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% 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 net profit of Waaree Technologies Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0%
The 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 yearsThe Dividend Payout of Waaree Technologies Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .
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.
About Waaree Technologies Ltd
Waaree Technologies Limited was formerly formed in Maharashtra, as a partnership firm under the name M/s.
H.K. International vide partnership deed dated dated October 6, 1993.
Further, the Company was converted into a Public Limited Company, the name was changed to H K Trade International Limited dated June 28, 2013 and was further changed from H.K. Trade International Limited to Waaree Technologies Limited vide fresh Certificate of Incorporation dated January 07, 2019.
Company is engaged in the business of manufacturing of batteries, catering to both industrial and consumer segments, with a focus on energy storage systems, electric vehicles (EVs).
During financial year 2018-19, the Company understood module trading business in addition to PV Tapes & Adhesive business.
The Company earlier was engaged in the business of manufacturing, converting and supplying of adhesive tapes and synthetic paper (teslin papers) from jumbo rolls of adhesive tapes and synthetic paper (teslin) respectively.
FAQs for the comparison of Steel Strips Wheels Ltd and Waaree Technologies Ltd
Which company has a larger market capitalization, Steel Strips Wheels Ltd or Waaree Technologies Ltd?
Market cap of Steel Strips Wheels Ltd is 3,366 Cr while Market cap of Waaree Technologies Ltd is 300 Cr
What are the key factors driving the stock performance of Steel Strips Wheels Ltd and Waaree Technologies Ltd?
The stock performance of Steel Strips Wheels Ltd and Waaree Technologies 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 Steel Strips Wheels Ltd and Waaree Technologies Ltd?
As of May 5, 2026, the Steel Strips Wheels Ltd stock price is INR ₹214.15. On the other hand, Waaree Technologies Ltd stock price is INR ₹278.7.
How do dividend payouts of Steel Strips Wheels Ltd and Waaree Technologies Ltd compare?
To compare the dividend payouts of Steel Strips Wheels Ltd and Waaree Technologies 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.
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