STEEL STRIPS WHEEL chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 1,140.25
Dividend & Yield1.00₹ (0.14%)
Beta 0.75
Market capitalization 22.82B
Operating cash flow 4.06B
ESG Scores unknown

Company description

Steel Strips Wheels Limited engages in the design, manufacture, and sale of steel wheel rims and alloy wheel rims for automotive vehicles in India and internationally. It offers its products for two and three wheelers, cars, multi utility vehicles, tractors, commercial vehicles, OTR vehicles, and trailers and caravan vehicles. The company was incorporated in 1985 and is headquartered in Chandigarh, India.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio0.46
Working Capital63.85
Return On Equity0.22
Debt To Equity0.29
Fixed Asset Ratio0
Fixed Interest Cover4.4

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -921.13M -648.51M 1.99B 2.47B
Total Cashflows From Investing Activities -804.59M -692.6M -370.53M -1.54B
Net Borrowings -493.74M 673.07M -602.51M -1.59B
Total Cash From Financing Activities -1.13B -639.28M -1.71B -2.48B
Change To Operating Activities 451.02M 451.02M 451.02M 451.02M
Issuance Of Stock 228M 198k 198k
Net Income 823.56M 234.49M 492.5M 2.05B
Change In Cash -95.87M -292.98M -385.07M 47.14M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.84B 1.04B 1.69B 4.06B
Depreciation 619.23M 719.38M 723.11M 768.7M
Change To Account Receivables 1.18B -154.72M -561.04M -1.36B
Other Cashflows From Financing Activities -787.87M -1.24B -1.1B -854.21M
Change To Netincome 859.71M 800.38M 722.5M 1.23B
Capital Expenditures -837.63M -801.49M -562.66M -1.69B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 1.09B 327.01M 638.29M 3.04B
Net Income 823.56M 234.49M 492.5M 2.05B
Selling General Administrative 1.95B 1.62B 1.58B 2.19B
Gross Profit 7.37B 5.97B 6.5B 13.73B
Ebit 1.89B 1.03B 1.32B 3.76B
Operating Income 1.89B 1.03B 1.32B 3.76B
Interest Expense -874.37M -841.46M -794.75M -854.21M
Income Tax Expense 265.29M 92.51M 145.79M 980.54M
Total Revenue 20.41B 15.63B 17.49B 35.6B
Cost Of Revenue 13.04B 9.66B 10.99B 21.87B
Total Other Income ExpenseNet -799.66M -700.29M -676.97M -723.94M
Net Income From Continuing Ops 823.56M 234.49M 492.5M 2.05B
Net Income Applicable To Common Shares 823.56M 234.49M 492.5M 2.05B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 14.72B 14.81B 16.27B 17.5B
Total Stockholder Equity 6.82B 6.98B 7.49B 9.52B
Other Current Liabilities 197.46M 140.1M 142.67M 390.16M
Total Assets 21.53B 21.79B 23.77B 27.02B
Common Stock 155.9M 155.9M 156.09M 156.09M
Other Current Assets 1.59B 1.59B 1.31B 1.03B
Retained Earnings 4.56B 4.71B 5.2B
Treasury Stock 766.54M 779.68M 779.62M 9.36B
Cash 361.7M 315.47M 279.18M 579.1M
Total Current Liabilities 8.12B 7.9B 9.92B 12.01B
Other Stockholder Equity 766.54M 779.68M 779.62M 9.36B
Property, Plant, and Equipment 13.8B 13.9B 13.67B 14.55B
Total Current Assets 7.53B 7.66B 9.51B 12.05B
Net Tangible Assets 6.8B 6.96B 7.47B 9.5B
Net Receivables 2.19B 2.46B 2.95B 3.96B
Accounts Payable 2.57B 2.14B 4.12B 6.59B


Insider Transactions

Here are the insider transactions of stock shares related to STEEL STRIPS WHEEL:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Dixit (Aditya Deepak)Sale at price 23.86 per share.D2021-10-27Promoter1.25k
Singh (Jatinder)Sale at price 23.90 per share.D2021-10-27Promoter1
Trikha (Rajesh)Sale at price 23.85 per share.D2021-10-27Promoter1
Jindal (Shaman)Sale at price 24.65 per share.D2021-10-26Company Secretary600
Unnikrishnan (Andra Veetil)Sale at price 23.61 per share.D2021-10-25Wholetime Director4.72k
Singh (Jatinder)Sale at price 24.30 per share.D2021-09-15UNREPORTED1.5k
Unnikrishnan (Andra Veetil)Sale at price 24.39 per share.D2021-09-08Director50
Unnikrishnan (Andra Veetil)Sale at price 24.72 per share.D2021-09-07Director3k
Unnikrishnan (Andra Veetil)Sale at price 21.74 per share.D2021-08-13Wholetime Director300
Unnikrishnan (Andra Veetil)Sale at price 21.36 per share.D2021-08-12Wholetime Director250
Jain (Ajay)Sale at price 20.20 per share.D2021-08-11UNREPORTED611
Unnikrishnan (Andra Veetil)Sale at price 21.30 per share.D2021-08-10Wholetime Director296
Jain (Ajay)Sale at price 22.36 per share.D2021-08-05UNREPORTED125
Trikha (Rajesh)Sale at price 10.23 per share.D2021-05-18UNREPORTED1.03k
Aggarwal (Vineet)Other at price 6.60 per share.D2020-11-10UNREPORTED2.23k
Dixit (Aditya Deepak)Other at price 6.60 per share.D2020-11-10UNREPORTED1.25k
Gupta (Sushil)I2020-11-10UNREPORTED
Jindal (Shaman)Other at price 6.60 per share.D2020-11-10Company Secretary1.25k
Joshi (Mohan)Other at price 6.60 per share.D2020-11-10UNREPORTED3.5k
Malvankar (Salil Ramnath)Other at price 6.60 per share.D2020-11-10UNREPORTED1k
Reddy (Srinivasa Nallagundla)Other at price 6.60 per share.D2020-11-10UNREPORTED1k
Singh (Saminder)Other at price 6.60 per share.D2020-11-10UNREPORTED1k
Trikha (Rajesh)Other at price 6.60 per share.D2020-11-10UNREPORTED1.3k
Unnikrishnan (Andra Veetil)Other at price 6.60 per share.D2020-11-10UNREPORTED3.5k
Garg (Sunena)D2020-03-20Promoter1.1k
Garg (Sunena)D2020-03-19Promoter27.43k
Garg (Sunena)D2020-03-13Promoter16.62k
Garg (Sunena)D2020-03-12Promoter22.55k
Garg (Sunena)D2020-03-09Promoter7.7k
Garg (Sunena)D2020-03-06Promoter13k
Garg (Sunena)D2020-03-02Promoter1.7k
Garg (Sunena)D2020-02-27Promoter9.07k
Jain (Ajay)D2020-02-27UNREPORTED600
Garg (Sunena)D2020-02-25Promoter4.95k
Garg (Sunena)D2020-02-19Promoter1.9k
Garg (Sunena)D2020-02-18Promoter5.6k
Garg (Sunena)D2020-02-14Promoter8.2k
Jain (Ajay)D2020-02-14UNREPORTED272
Joshi (Mohan)D2020-02-13UNREPORTED3.25k
Garg (Sunena)D2020-02-11Promoter25.61k
Garg (Sunena)D2020-02-07Promoter15.75k
Garg (Sunena)D2020-02-01Promoter2.08k
Garg (Sunena)D2020-01-31Promoter1.29k
Garg (Sunena)D2020-01-30Promoter752
Garg (Sunena)D2020-01-28Promoter3.2k
Garg (Sunena)D2020-01-24Promoter1.1k
Garg (Sunena)D2020-01-23Promoter1.05k
Garg (Sunena)D2020-01-21Promoter1.5k
Garg (Sunena)D2020-01-17Promoter3.25k
Garg (Sunena)D2020-01-16Promoter4.35k
Garg (Sunena)D2020-01-14Promoter6.88k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to STEEL STRIPS WHEEL. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on STEEL STRIPS WHEEL

Here is the result of two systematic investment strategies applied to STEEL STRIPS WHEEL. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on STEEL STRIPS WHEEL

The following chart shows the equity curve of the two systematic investment strategies applied to STEEL STRIPS WHEEL:

STEEL STRIPS WHEEL automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -11.12% on the backtest period.

Performance at glance

Performance

-11.12 %

Latent gain

-944.45 ₹

Invested capital

8490.95 ₹

Annualized return

-2.65 %
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Momentum strategy results on STEEL STRIPS WHEEL

This is the result of two momentum investment strategies applied to STEEL STRIPS WHEEL. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on STEEL STRIPS WHEEL

The following chart shows all the entries opened by the momentum investment system on STEEL STRIPS WHEEL:

STEEL STRIPS WHEEL momentum entries
  • The first momentum investment strategy would give -5.31% of return on STEEL STRIPS WHEEL. That represents -508.05₹ of latent gain with 9563.85₹ of employed capital.
  • The second momentum investment strategy would give 6.0% of return on STEEL STRIPS WHEEL. That represents 470.2₹ of latent gain with 7830.95₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-5.31 %

Latent gain

-508.05 ₹

Invested capital

9563.85 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

6.0 %

Latent gain

470.2 ₹

Invested capital

7830.95 ₹

Annualized return

1.61 %

Momentum equity curve on STEEL STRIPS WHEEL

The following chart shows the equity curve of the two momentum strategies applied to STEEL STRIPS WHEEL:

STEEL STRIPS WHEEL momentum equity

Note: the dividends potentially given by STEEL STRIPS WHEEL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STEEL STRIPS WHEEL

The following chart shows the employed capital evolution of the two momentum strategies on STEEL STRIPS WHEEL since the beginning:

STEEL STRIPS WHEEL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on STEEL STRIPS WHEEL

Buy the dip entry openings on STEEL STRIPS WHEEL

STEEL STRIPS WHEEL

The performance achieved by the robo-advisor on STEEL STRIPS WHEEL is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows STEEL STRIPS WHEEL stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of STEEL STRIPS WHEEL, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to STEEL STRIPS WHEEL

The following chart shows the result of the investment strategy applied to STEEL STRIPS WHEEL:

STEEL STRIPS WHEEL

Note: the dividends potentially given by STEEL STRIPS WHEEL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STEEL STRIPS WHEEL

The following chart shows the employed capital evolution since the beginning of the investment strategy on STEEL STRIPS WHEEL:

STEEL STRIPS WHEEL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on STEEL STRIPS WHEEL

In this section, I will compare the three previous investment strategies applied to STEEL STRIPS WHEEL.

Equity curve comparison on STEEL STRIPS WHEEL

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

STEEL STRIPS WHEEL investment strategy comparison

Employed capital comparison on STEEL STRIPS WHEEL

STEEL STRIPS WHEEL investment comparison

Performance comparison on STEEL STRIPS WHEEL

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -11.12% -944.45₹ 8490.95₹ -2.65%
Momentum 1 quarter -5.31% -508.05₹ 9563.85₹ -1.34%
Momentum 2 quarters 6.0% 470.2₹ 7830.95₹ 1.61%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

-2.65 %

Momentum 1Q

1.61 %

Momentum 2Q

1.61 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with STEEL STRIPS WHEEL:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between STEEL STRIPS WHEEL and the other stocks. There may be false positives or some missing correlated stocks. If the price of STEEL STRIPS WHEEL does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name STEEL STRIPS WHEEL
Country India
City Chandigarh
Address SCO 49-50
Phone 91 17 2279 3112
Website sswlindia.com
FullTime employees
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNSE
Ticker SSWL.XNSE
Market

STEEL STRIPS WHEEL ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown