Steel Strips Wheels Ltd vs Wheels India Ltd Stock Comparison
Steel Strips Wheels Ltd vs Wheels India Ltd Stock Comparison
Last Updated on: Jun 15, 2026
Key Highlights
The Latest Trading Price of Steel Strips Wheels Ltd is ₹ 236.95 as of 15 Jun 12:26
. 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 Wheels India Ltd changed from 596.8 on March 2021 to 12.8 on March 2025 . This represents a CAGR of -53.63% over 5 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 Wheels India Ltd changed from ₹ 1091 crore on March 2021 to ₹ 1418 crore on March 2025 . This represents a CAGR of 5.38% over 5 years The revenue of Steel Strips Wheels Ltd for the Mar '26 is ₹ 1475 crore as compare to the Dec '25 revenue of ₹ 1321 crore. This represent the growth of 11.71% The revenue of Wheels India Ltd for the Mar '26 is ₹ 1576 crore as compare to the Dec '25 revenue of ₹ 1379 crore. This represent the growth of 14.25% The ebitda of Steel Strips Wheels Ltd for the Mar '26 is ₹ 151.01 crore as compare to the Dec '25 ebitda of ₹ 127.72 crore. This represent the growth of 18.24% The ebitda of Wheels India Ltd for the Mar '26 is ₹ 138.41 crore as compare to the Dec '25 ebitda of ₹ 108.23 crore. This represent the growth of 27.89% The net profit of Steel Strips Wheels Ltd changed from ₹ 40.81 crore to ₹ 60.85 crore over 8 quarters. This represents a CAGR of 22.11%
The net profit of Wheels India Ltd changed from ₹ 23.73 crore to ₹ 58.81 crore over 8 quarters. This represents a CAGR of 57.43%
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 Wheels India Ltd changed from 35.64 % on March 2021 to 26.61 % on March 2025 . This represents a CAGR of -5.68% 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 Wheels India Ltd
Wheels India Limited, promoted by the TVS Group Company was started in June, 1960 to manufacture automobile wheels.
Company is among the world's largest manufacturers of steel, aluminum, and wire wheels.
Since the establishment of the organization in 1960, it has consistently enhanced their engineering capabilities to build and deliver world-class products.
It widened the portfolio through strategic diversification to offer bus and truck chassis, suspension products, hydraulic cylinders, custom-fabricated assemblies, and precision components for wind turbines.
The Company manufactures wheels in technical and financial collaboration with Dunlop Holdings, UK, (35.91% equity stake).
Now, it grew as a leading manufacturer of steel wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment in India.
FAQs for the comparison of Steel Strips Wheels Ltd and Wheels India Ltd
Which company has a larger market capitalization, Steel Strips Wheels Ltd or Wheels India Ltd?
Market cap of Steel Strips Wheels Ltd is 3,637 Cr while Market cap of Wheels India Ltd is 3,992 Cr
What are the key factors driving the stock performance of Steel Strips Wheels Ltd and Wheels India Ltd?
The stock performance of Steel Strips Wheels Ltd and Wheels India 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 Wheels India Ltd?
As of June 15, 2026, the Steel Strips Wheels Ltd stock price is INR ₹231.45. On the other hand, Wheels India Ltd stock price is INR ₹1634.2.
How do dividend payouts of Steel Strips Wheels Ltd and Wheels India Ltd compare?
To compare the dividend payouts of Steel Strips Wheels Ltd and Wheels India 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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