Steel Str. Wheel
Steel Str. Wheel Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
3 of 3 strong
Not discussed on this call: fundraise, order book.
The short version
Revenue Growth:** Strong 27.2% YoY increase in Q1 FY27 driven by robust domestic demand; exports showing recovery potential from June onwards. Q1 FY27 showed strong growth: Revenue up 27.2% YoY, EBITDA up 33.0% YoY with expanding margin (10.7%), and PAT grew 43.3% YoY with margin improving to 4.7% (Page 22). - Export recovery expected post tariff normalization, which could drive future quarters’ growth (Page 22). - Alloy wheel market projected to grow at 12% p.a.
From Steel Str. Wheel's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- **Revenue Growth:** Strong 27.2% YoY increase in Q1 FY27 driven by robust domestic demand; exports showing recovery potential from June onwards.
- **Volume Growth:** Shift in sales mix towards higher-margin alloy wheels with volumes growing from 28 lakh units in FY23 to 39 lakh units in FY26, and 10 lakh units in Q1 FY27.
- **Product Mix:** Increasing contribution from alloy wheels (20% volume contribution in FY26 and Q1 FY27, up from 16% in FY23) and aluminium knuckles (capacity scaling up to 11 lakh units in FY27E).
- **Capacity Expansion:** Planned ~1.2 million capacity additions in alloy wheels targeting total capacity of ~6.2 million units for FY27.
- **Segment Growth:** Alloy wheel market expected to grow at 12% p.a. over next 5 years, outpacing steel wheels (4% p.a.).
- **Revenue Mix Diversification:** Export revenue growth and expansion into high-margin products supporting sustainable growth.
Profitability & Margins
See what Steel Str. Wheel said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Net Capex of INR 196 Crs. incurred in FY26 focused on incremental capacity expansion, primarily for aluminium wheels and aluminium knuckles (Page 18).
- Expected ~1.2 million capacity addition in Alloy Wheels aiming to ramp up total capacity to ~6.2 million for FY27 (Page 9).
- Strategic partnerships with Tata Steel Limited and Nippon Steel Corporation provide support for supply chain, steel quality, and new technology exploration (Page 7).
- Operations optimization includes development of robotic automated processes for operating cost rationalization (Page 16).
- Company is diversifying into the aluminium product portfolio and exploring various avenues to foray into alternate aluminium products (Page 16).
Top-ranked in Auto Components
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Steel Str. Wheel said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
Steel Str. Wheel — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.3K Cr, net profit ₹49 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Steel Strips Wheels Ltd's management said in earlier quarters
- Q3 FY26 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
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Frequently Asked Questions
What were Steel Str. Wheel Q1 FY27 results?
Revenue Growth:** Strong 27.2% YoY increase in Q1 FY27 driven by robust domestic demand; exports showing recovery potential from June onwards. Q1 FY27 showed strong growth: Revenue up 27.2% YoY, EBITDA up 33.0% YoY with expanding margin (10.7%), and PAT grew 43.3% YoY with margin improving to 4.7% (Page 22). - Export recovery expected post tariff normalization, which could drive future quarters’ growth (Page 22). - Alloy wheel market projected to grow at 12% p.a.
What is Steel Str. Wheel share price analysis?
Steel Str. Wheel currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 20.7 with a market cap of ₹4,639 Cr. Investors should review the full earnings analysis for detailed insights.
Is Steel Str. Wheel planning capital expenditure?
Net Capex of INR 196 Crs.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.