Steel Strips Wheels Limited has informed the Exchange about Schedule of meet and Presentation. Pursuant to the provisions of Regulation 30(6) of SEBI (Listing Obligation and Disclosure Requirements) R...
STEEL STRIPS GROUP
Dated: 30.01.2023
b5tr Ltmtteo Department of Corporate Services, Ph iroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
STEEL STRIPS WHEELS LTD. CIN: L27107P81985PLC0061 59 1SOffS16949 Certified
Head Office : SCO 49-50, Sector-26, Madhya Marg, Chandigarh-160 019 (lNDlA) fel. : +91-172-2793112, 2790979, 2792385 Fax . +91-172-2794834 I2790887 Website : www.sswlindia.com
The National Stock Exchange of India Limited Excha nge Plaza, Plot No. C/1, G Block, Ba nd ra - Ku rla Complex, Bandra ( E), 14umbai - 400 051 NSE Code: SSWL
BSE Code: 5L3262 Sub: Analysts/Institutional Investors Meet - SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2O15
Dear Sir, Pursuant to the provisions of Regulation 30(6) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we wish to inform you that the Company's Analysts/ Investors conference call on ..Q3FY23 Earnings to discuss results & future outlook of business" has been fixed, The schedule of the said conference call is as follows:
S.No. Details reouired 1
Details pertaining to the meet/call
2
3 4 5
6
7
Venue Mode of attend inq Deta ils Dertaining to reqistrations Disclaimers/note to complete/ease req istration/attendinq the call Details regarding specific platform requirements, if anv Inclusions/exclusions of audience/participants, if anv
Pa rticul a rs SMIFS Limited on 31't January' 2023 at 12:00 o. m. V irtua I Conference Call
As per details enclosed
NoG: Chanqes to the sche may happen due to exigencies on part of analysts/investors or the Company Further, we are also enclosing herewith the details of the conference call for ready reference alongwith the Presentation to be made to the Analysts/ Investors. The same shall be accessible on the website of the Company i.e. www.sswlindia com. please note that no unpublished price sensitive information is proposed to be shared by the Company during the aforesaid Investor Conference(s). Kindly take the same on your records for reference.
Tha nking you.
Yours fa ithfu lly,
For Steel Strips Wheels Limited
(Shaman J inda l) Compa ny Secretary Encl: a/a
Regd. Office: Village Somalheri/Lehli, PO. Dappar, Tehsil Derabassi, Disft. Mohali, Punjab (lndia) Tel. : *Sl (ZAZ\ 275249,275872,275173 Fax: +91 (1762) 275228 Email : hrdho@sswlindia.com Website : www.sswlindia.com
works
: Plot No. 7$,744,735,747, Jojobera, Chhota Govindpur, East Singhbhum, Jharkhand - 831015
Phone : +91-657-2277753, Fax i +91-657-2277754
www.smifs.com
STEEL STRIPS WHEELS LTD Delivering Value Seeking Excellence
Company Overview
SSWL is a leader in designing & manufacturing automotive wheels – both under the steel & alloy category.
Our state of the art facilities caters to a wide range of domestic and global automobile makers while following the highest quality standards.
Led by our:
Chairman, Mr. RK Garg
Managing Director, Mr. Dheeraj Garg
We are based out of Chandigarh with manufacturing facilities at Dappar (Punjab), Oragadam (Chennai), Jamshedpur(Jharkhand), Mehsana (Gujarat) and Saraikela (Jharkhand).
Highlights
Founded in
Wheel Plant
1991
4
Values
Honesty, Integrity & Transparency as essential ingredients of a stable & strong organization.
Being bold and agile, courageously taking on challenges.
Safety, Technology & Quality leadership.
Optimal use of natural resources- fuel, water, energy.
Wheels Capacity
Number of Employees
23+ million per annum
5000+
Health & Happiness of all our stakeholders
Manufacturing Locations
Manufacturing locations
Capacities
Strategic Investors
+ Dappar (Punjab) - North India
+ Total 23.0 Million nos p.a.
+ Tata Steel Ltd, India - 6.97%,
+ Oragadam , Chennai (Tamilnadu) -
+ Dappar -10.8 Million
+ Nippon Sumitomo Metal Industries,
South India
+ Chennai -6.0 Million (Car/TW) & 1.50
Japan – 5.45%,
+ Jamshedpur (Jharkhand) - East India
Million (CV)
+ Mehsana, Gujarat – Alloy Wheel
+ Jamshedpur -2.16 Million
+ Mehsana -3.00 Million(Alloy Wheels)
+ Listed company in National Stock Exchange and Bombay Stock Exchange, India.
Domestic Business Allocations (Steel Wheels)
50% market share in the
passenger vehicles segment
Key Customers
Maruti Suzuki
Hynduai
Mahindra
Honda
MG Motors
Kia
SOB
50%
45%
50%
50%
100%
55%
Key platforms
Ciaz, Baleno, Scross, Brezza, Celerio
Venue, Xcent, Grandi10, Verna
KUVTUV,XUV
Mobilio, WRV, Jazz, Amaze, City
Hector
Seltos, Carnival, Sonet
44% market share in the tractor segment 70% market share in the OTR segment
Key Customers
Mahindra
Sonalika
Eicher
JCB
New Holland
SOB
57%
45%
35%
60%
40%
Key platforms
Jivo, Arjun, Yuvraj, Dhruv
D1745, D16TRX, RX47
551, 548 , 485
3DX, 4DX, Export Model
5500 , 7500
53% market share in the
MHCV segment
Key Customers
Ashok Leyland
Tata Motors
SOB
55%
42%
Key platforms
Ecomet, Ross, Viking, Cheetah
Ultra LPK 1512, LPK1518, 2518, 3718 , 3118 , 4218
Two/Three wheelers
30% market share in 2/3Wheelers
Key Customers
Piaggio
HMSI
Suzuki Scooters
SOB
54%
35%
45%
Key platforms
Ape city , Ape Cargo
Activa, Dio, Activa 125, Grazia, Aviator
Access 125
Scooter India
100%
Vikram
SSWL Mindshare in Alloy Wheel Market
SSWL Nomination for Alloy Wheel Programs
Hyundai Creta
Hyundai Alcazar
Hyundai Venue
Hyundai Verna
Hyundai Aura
Kia Carnival
Kia Sonnet
Renault Kiger
Nissan Magnite
Mahindra New Xuv 700/300
Mahindra Bolero Neo
Mahindra Scorpio Refresh
Tata Altroz
Tata Harrier
Tata Punch
Tata Tigor
Tata Nexon
MG Astor
Skoda Slavia
SOB
100%
100%
50%
100%
100%
100%
50%
100%
100%
100%
100%
100%
50%
40%
100%
85%
40%
43%
100%
Quarterly Comparision (In Crs)
Revenue
1081
861
938
1200
1000
800
600
400
200
0
EBITDA/EBITDA(%)
121
12.59%
11.71%
11.17%
110
108
13.00%
12.50%
12.00%
11.50%
11.00%
10.50%
10.00%
60
50
40
30
20
10
0
122
120
118
116
114
112
110
108
106
104
102
PAT
55
45
43
Q3 FY22
Q2 FY23
Q3 FY23
Q3 FY22
Q2 FY23
Q3 FY23
Q3 FY22
Q2 FY23
Q3 FY23
EBITDA
EBITDA(%)
Note: EBITDA for Q3FY22 includes one time inventory gain of Rs10Cr., EBITDA Without this gain is Rs98Cr. with EBITDA % as 11.38% EBITDA for Q3FY23 includes one time inventory loss of Rs11Cr.,EBITDA without this impact is Rs121Cr. With EBITDA % as 12.90%
9 Month Comparison (In Crs)
Revenue
3036
2497
3500
3000
2500
2000
1500
1000
500
0
EBITDA/EBITDA(%)
349
13.98%
11.20%
340
16.00%
14.00%
12.00%
10.00%
8.00%
6.00%
4.00%
2.00%
0.00%
160
155
150
145
140
135
130
125
120
350
348
346
344
342
340
338
336
334
PAT
157
146
9M FY22
9M FY23
9M FY22
9M FY23
9M FY22
9M FY23
EBITDA
EBITDA(%)
Note: EBITDA for 9MFY22 includes one time inventory gain of Rs60Cr., EBITDA Without this gain is Rs289Cr. And EBITDA % as 11.57%
Sales Performance Turnover Value (In Crs)
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
-
3,560
3,036
2,041
1,563
1,749
2018-19
2019-20
2020-21
2021-22
2022-23(9M)
EBITDA(Rs in Crs)
500
450
400
350
300
250
200
150
100
50
0
466
340
263
193
220
2018-19
2019-20
2020-21
2021-22
2022-23(9M)
Secured Term Debt(Rs Cr)
600
550
500
450
400
350
300
250
200
595
544
548
374
265
2018-19
2019-20
2020-21
2021-22
2022-23(Dec 22)
Debt/EBITDA
6.00
5.00
4.00
3.00
2.00
1.00
0.00
Debt/EBITDA
4.89
4.21
3.45
1.67
1.57
2018-19
2019-20
2020-21
2021-22
2022-23(9M)
ROCE
30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
25.93%
22.79%
15.00%
10.68%
8.71%
2018-19
2019-20
2020-21
2021-22
2022-23(9M)
Note: Current Year ROCE impacted due to incremental capex. Should normalise in subsequent years.
Contact Us
Corporate Office Address Steel Strips Wheels Ltd, S.C.O. 49- 50, Sector 26, Madhya Marg, Chandigarh – 160 019, India
+91-172-2790979
+91-172-2793112
marketing@sswlindia.com (Domestic)
intl.marketing@sswlindia.com (International)
www. sswlindia.com
Thank You…