SSWLNSE17 January 2024

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 Wheels Limited

STEEL STRIPS WHEELS LTD. GIN : L271 07P81 985PLG0061 59 150/T516949 Certified

Head Office : SCO 49-50, Sector 26, Madhya Marg, Chandigarh 160 019 (lNDlA) Tel : +91 172-2793112, 2790979, 2792385 Fax ; +91 172-2794834 | 2790887 Website : www.sswlindia.com

Date: t7.0t.2O24

BSE Limited Department of CorPorate Services, Phiroze JeejeebhoY Towers, Dalal Street, Mumbai - 400 001 BSE Code: 5L3262

The National Stock Exchange of India Limited Exchange Plaza, Plot No. C/7, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 NSE Code: SSWL

subject: Analysts/Institutional Investors Meet - SEBI (Listing obligations and

Disclosure Requirements) Regulations, 2015: Intimation

Dear Sir, pursuant to the provisions of Regulation 30(6) of SEBI (Listing obligation and Disclosure Requirements) Regulations, 2015, we wish lo inform you that the Company's Analysts/ Investors conference call on "Q3 FY24 Earnings Conference Call to discuss results & future outlook of business" has been fixed. The schedule of the said conference call is as follows:

S. No. Details required 1

Details pertaining to the meet/call

z J 4

Venue Mode of attendinq Details pertaininq to registrations D iscl a i mers/note to com p lete/ease reg istratio n/ attendinq the call Detai.ls regarding specific platform reouirements,if anY inclusions/exclusions of audience/pa rticipants, if anv

Particulars SvIfb Limited on Monday, 22nd Januarv, 2A24 at 4:00 P.m. Virtual Conference Call

As per details enclosed

Note: Changes to the schedule 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 alongwith the presentation to be made to the Analayst/Investors for ready reference and same shall be accessible on the website of the Company i'e' www.sswlindia.com'

Kindly take the same on your records for reference' Thanking you Yours faithfully, For Steel Strips Wheels Limited

rc Company Secretary

Jindal)

Regd. Office r Village Somalheri/Lehli, P.O. Dappar, Tehsil Derabassi, Distt. Mohali, Punjab (lndia) Tel. : +91 (17 62) 27 5249, 27 5872, 27 517 3 Fax : +91 (17 62) 27 5228 Email : hrdho@sswlindia.com Website : www.sswlindia.com

www.smifs.com

STEEL STRIPS WHEELS LIMITED

Delivering Value; Seeking Excellence

Investor Presentation January 2024

Safe Harbour

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Steel Strips Wheels Limited (the “Company”), have bee n

prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not

form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except

by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no

representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness

of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any

liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually

and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown

risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian

economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to

successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes i n

revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels o f

activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no

obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties

included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.

Company Overview

SSWL is a leader in designing & manufacturing Automotive wheels – both Steel & Alloy Wheels category

SSWL aspires to be the Preferred Global Brand of Wheel Solution provider committed to excellence

Operational Wheel Capacity * 23 Mn+

Steel Wheel: 20 Mn. Alloy Wheel: 3 Mn.

Wheel Plants

Employee Strength 7,000+

Founded in 1991

Strategic Partnerships - Operations Excellence

5 Year CAGR Revenue ~15% PAT ~19%

Foraying into EV Segment

* AM W Au t o C o m p o n e n t s L t d a c q u i r e d t h r o u g h N C L T l o c a t e d i n B h u j , G u j a r a t w i t h p r o j e c t e d c a p a c i t y t o b u i l d 7 M n St e e l W h e e l U n i t s i n t o t a l f o r C V , T r a c t o r a n d P V

Our Journey

Commencement of First Steel Wheels Commercial Production at Dappar Plant, Punjab

1991

2002

Start of 2W & Tractor Wheels Production

2006

Start of LCV Wheels Commercial Production

2007

Start of Commercial Production for Exports Market by supplies of PV to PSA Peugeot Citroen, France & HCV Wheels

2008

Start of Production at Chennai Plant

Developed Semi Fullface Styled wheel for Renault Romania

2009

Start of Commercial Production at Jamshedpur Plant

2010

2017

• Production Start of Truck Wheels at Chennai

Plant

• Production Start of PV Alloy Wheels at Mehsana

Plant with 1.5 Mn Capacity

• Production of Hot Rolling Mills at Saraikela ,

Jharkhand primarily for backward integration for Steel wheels

2021

2023

Alloy Wheel Capacity Expanded to 3 Mn wheels at Mehsana Plant

Logged Highest ever Turnover in FY23 of INR 4,041 Cr with ~176 Lakh wheels units Sold

Strategic Partnerships

TATA Steel Limited, India

6.9% Stake in Steel Strips Wheels Limited

Nippon Steel & Sumitomo Metal Corporation, Japan

5.4% Stake in Steel Strips Wheels Limited

•

Tata Steel Limited (through its then wholly -owned subsidiary Company namely Kalimati Investment Company Ltd, which has now merged with Tata Steel Ltd) had entered into a Strategic Alliance Agreement in January 2008 with SSWL

Through this relationship, Tata Steel supports us with more flexibility in areas such as supply chain management, enjoying priorities and stronger support for new grade developments, etc

Sumitomo Metal Industries Limited, merged with Nippon Steel Corp and now known as Nippon Steel & Sumitomo Metal Corporation (NSSMC), has entered into a Strategic Alliance Agreement in December 2010

This relationship helps in bringing international expertise in steel quality and newer technology exploration

Sumitomo Group, which has 400 years of manufacturing history, founded Sumitomo Metals in 1897 and it is one of the world’s leading steelmakers

% S t a k e i s a s o f 3 1 s t D e c e m b e r 2 0 2 3

Our Products

Steel Wheels – Rs. 2,375 crores (~72%) (9M FY24 Revenues)

I n c l . E xp o r t s

Robust Wheel Steel Wheels are robust, fit, tough for rugged SUVs

Competitive Pricing Competitively priced; have higher acceptance in mass vehicles

Suitability More flexible, absorbs more shock, thus suitable for off-road and heavy duty applications

Quick Maintenance Requires nothing more than hammering the bent portion into proper shape

Alloy Wheels – Rs. 914 crores (~28%) (9M FY24 Revenues)

I n c l . E xp o r t s

Aesthetics Have an enhanced aesthetic appeal, higher acceptance in high value PVs

Strength The higher strength -to- weight ratio for alloy wheels leads to greater control and precision steering

Free from Corrosion Alloy wheels are known for their ability to resist corrosion

Heat dissipation Alloy wheels disperse heat better and this decreases cracking and bending which also translates to more efficient braking

Product Capacities & Utilization

90%

73%

65%

77%

72%

80%

S L E E H W

L E E T S

S L E E H W

Y O L L A

179

186

205

270

FY19

FY20

FY21

FY22

FY23

9M FY24*

FY24E

75%

64%

96%

100%

15%

23%

•

Phased addition of 70 lakh steel wheel operational capacity Resolution plan successfully implemented in January 2024 by payment of ~Rs 138 crores

Alloy Wheels Capacity to be expanded by 60% i.e. 18 Lakh Wheels to 48 Lakh Wheels in Phased manner at Mehsana Plant, Gujarat

FY19

FY20

FY21

FY22

FY23

9M FY24*

FY24E

In Lakh Units

Indicates Capacity Utilization, *9M FY24 Utilization is Annualized

Indicates Total Capacity

State-of-the-Art Facilities

Dappar, Punjab

Corporate Office, Chandigarh

Bhuj, Gujarat*

Mehsana, Gujarat

Chennai, Tamil Nadu

Jamshedpur, Jharkhand

Saraikela, Jharkhand

Alloy Wheel Plant

Steel Wheel Plant

Corporate Office

Backward Integrated Plant

Wheel Capac ity (Mn)

Catering to

Dappar, Punjab

10.8

PV, MUV, Tractor & OTR

Chennai, Tamil Nadu

6+1.5 7.5

PV & CV

Jamshedpur, Jharkhand

2.2

HCV / LCV

Bhuj, Gujarat

HCV, Tractor, PV

* A M W A u t o C o m p o n e n t s L t d a c q u i r e d t h r o u g h N C L T l o c a t e d i n B h u j , G u j a r a t w i t h p r o j e c t e d c a p a c i t y t o b u i l d 7 M n St e e l W h e e l U n i t s i n t o t a l f o r C V , T r a c t o r a n d P V

Mehsana, Gujarat

3.0

Saraikela, Jharkhand

Backward Integrated Plant for Steel Wheels

M a p n o t t o s c a l e . Al l d a t a , i n f o r m a t i o n a n d m a p s a r e p r o v i d e d “ a s i s ” w i t h o u t w a r r a n t y o r a n y r e p r e s e n t a t i o n o f a c c u r a c y , t i m e l i n e s s o r c o m p l e t e n e s s .

Clientele

T h e B r a n d Na m e s a n d L o g o s m e n t i o n e d a r e t h e p r o p e r t y o f t h e i r r e s p e c t i v e o w n e r s a n d a r e u s e d h e r e f o r i d e n t i f i c a t i o n p u r p o s e s o n l y .

Steel Wheels

D o m e s t i c M a r k e t S h a r e

42%

Passenger Vehicle

61%

MHCV

Key Customers Maruti Suzuki Hyundai Mahindra Honda MG Motors Kia

Key Platforms

Ciaz, Baleno, Scross, Brezza, Celerio Venue, Xcent, Grandi10, Verna KUV, TUV, XUV Elevate, Amaze, City Hector Seltos, Carnival, Sonet

Share of Business 40% 40% 64% 95% 100% 35%

S t e e l W h e e l S a l e s Vo l u m e ( i n L a k h U n i t s )

I n c l . E xp o r t s

157

137

123

160

148

122

Key Customers Ashok Leyland Ecomet, Ross, Viking, Cheetah

Key Platforms

Share of Business 68%

TATA Motors

Ultra LPK1512,LPK1518,2518,3718,3118,4218

64%

42%

70%

Tractor

OTR

Key Customers Mahindra Sonalika Eicher JCB New Holland

Key Platforms

Jivo, Arjun, Yuvraj, Dhruv D1745, D16TRX, RX47 551, 548, 485 3DX, 4DX, Export Model 5500, 7500

30%

2-3 Wheeler

Key Platforms

Ape City, Ape Cargo Activa, Dio, Activa125, Grazia, Aviator

Key Customers Piaggio HMSI Suzuki Scooters Access 125 Scooter India

Vikram

Share of Business 55% 45% 40% 60% 40%

Share of Business 54% 35% 45% 100%

FY19

FY20

FY21

FY22

FY23

9M FY24

S t e e l W h e e l S a l e s Va l u e C o n t r i b u t i o n

I n c l . E xp o r t s

97%

93%

81%

80%

69%

72%

FY19

FY20

FY21

FY22

FY23

9M FY24

Export Profile

E x p o r t s R e v e n u e ( R s . C r s . )

FY23

FY24

+179%

+130%

174

505

220

USA

Canada

Netherlands

France

Germany

Russia

Poland

Slovakia

Romania

Austria

Hungary

Italy

Spain

Morocco

Egypt

U.A.E.

R e g i o n W i s e E x p o r t R e v e n u e C o n t r i b u t i o n %

Colombia

53%

56%

34%

36%

13%

74%

64%

69%

20%

25%

11%

27%

FY20

FY21

FY22

FY23

9MFY24

RoW

Brazil

Argentina

Japan

S Korea

Thailand

Australia

Customers Locations

Growth Drivers

Sales Mix Shift Shift of Sales Mix towards High Margin Accretive Segments – Alloy Wheel & Exports

Operations Optimization Development of Robotic Automated Operation process for Operating Cost Rationalization

Foray into EV Segment Exploring various avenues to foray into EV Segment

Industry Growth Steel Wheel Market to grow at 8% p.a. whereas Alloy Wheel Market to grow at 12% p.a. over next 5 years

Improving Returns Strengthening Balance Sheet thereby Improving Return on Capital Employed & Return on Equity

Shift of Sales Mix to High Margin Alloy Wheels Segment

I n c r e a s e d Vo l u m e s f r o m A l l o y W h e e l S a l e s ( i n L a k h U n i t s )

L e a d i n g t o I n c r e a s e d C o n t r i b u t i o n t o S a l e s

I n c l . E xp o r t s

FY19

FY20

FY21

FY22

FY23

9M FY24

Volume Contribution to Total Sales Volume Value Contribution to Total Sales Contribution

19%

20%

11%

31%

16%

28%

V a l u e

15% V o l u m e

FY20

FY21

FY22

FY23

9M FY24

FY19

S R E M O T S U C

Y E K

100% Share - Creta, Alcazar,

Verna, Aura

50% Share - Venue

100% Share - Punch

100% Share - Carnival

50% Share - Sonnet

100% Share - Kiger

85% Share - Tigor

50% Share - Altorz

50% Share – Nexon

100% Share - Magnite

100% Share – XUV 300/700, Bolero Neo, Scorpio Refresh

100% Share - Slavia

43% Share - Astor

Shift of Sales Mix to High Margin Exports Segment

I n c r e a s e d Vo l u m e s f r o m E x p o r t s ( i n L a k h U n i t s )

I n c r e a s e d R e v e n u e s f r o m E x p o r t s ( R s . C r s . )

9 M F Y 2 4 A l l o y W h e e l V o l u m e 1 . 7 4 L a k h s u n i t

9 M F Y 2 4 A l l o y W h e e l R e v e n u e R s . 6 1 . 0 C r s .

829

+51%

+61%

505

198

222

270

294

FY19

FY20

FY21

FY22

FY23

9M FY24

FY19

FY20

FY21

FY22

FY23

9M FY24

9 M F Y 2 4 E x p o r t s Vo l u m e a n d Re v e n u e s u r p a s s e s f u l l ye a r F Y 2 3 Vo l u m e s a n d Re v e n u e

Strengthening Balance Sheet

Cash Accruals (Rs. in Crs.)

Long Term Debt (Rs. in Crs.)

RoCE

282

274

544

548

A l l o y W h e e l C a p a c i t y A d d i t i o n P r e p o n e d t o Q 3 F Y 2 4

374

382

25.9%

24.0%

22.7%

122

145

222

10.7%

8.7%

RoE

22.9%

17.9%

17.0%

7.1%

3.6%

FY20

FY21

FY22

FY23

H1 FY24

FY20

FY21

FY22

FY23 H1 FY24

FY20

FY21

FY22

FY23

H1 FY24

FY20

FY21

FY22

FY23

H1 FY24

I n c re a s i n g C a s h A c c r u a l s t o u t i l i ze i n re p ay m e n t o f L o n g - te r m D e b t , h e n c e i m p ro v i n g Re t u r n s o n C a p i t a l E m p l o ye d a n d Re t u r n s o n Eq u i t y

R o C E = E B I T / ( T o t a l As s e t s – C u r r e n t L i a b i l i t i e s ) , R o E = P AT / T o t a l E q u i t y ( E xc l C a p i t a l R e s e r v e )

Dividend Payout History

D i v i d e n d D e c l a r e d %

15%

20%

30%

40%

20%

75%

100%

15.7

11.7

D i v i d e n d P a i d ( R s i n C r )

2.3

3.1

4.7

6.2

FY12

FY13

FY14

FY15

FY16

FY17

FY18

FY19

3.1

0.0

^ FY20

FY21

FY22

FY23

C o n s i ste nt D i v i d e n d p a i d b y t h e C o m p a ny

F a c e V a l u e p e r s h a r e : FY 2 2 – R s 5 , u p t o FY 2 1 – R s 1 0 . ^ C o v i d Y e a r , D i v i d e n d d e c l a r e d f o r F Y 2 3

Q3 & 9M FY24 Financials

Financial Performance Snapshot

Revenues from operations (Rs. Crs.)

EBITDA (Rs. Crs.) EBITDA Margins %

PAT (Rs. Crs.) PAT Margins %

Volumes (in Lakh units)

Revenue Mix

11.5 %

10.5%

4.7%

5.4 %

Alloy Wheel

Steel Wheel

+18.3%

1,110

938

+8.2%

108

117

+35.7%

+13%

46 7

41 8

35%

65%

27%

73%

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Q3FY23

Q3FY24

10.8 %

10.9%

4.9%

4.6 %

Alloy Wheel

Steel Wheel

+8.3%

+5.9%

+8.6%

+10%

3,036

3,288

334

354

147

159

131 21

110

144 22

122

31%

69%

28%

72%

9MFY23

9MFY24

9MFY23

9MFY24

9MFY23

9MFY24

9MFY23

9MFY24

9MFY23

9MFY24

4 2 Y F

3 Q

4 2 Y F

M 9

Consolidated Profit & Loss

Particulars (Rs. in Crs)

Q3 FY24

Q3 FY23

Revenue from Operations

Cost of Materials Consumed

Changes in Inventory

Gross Profit

Gross Profit Margin

Employee Cost

Other Expenses

EBITDA

EBITDA Margin

Depreciation

Other Income

EBIT

EBIT Margin

Finance Cost

Share of (Profit) / Loss from Associates

Profit before Tax

Profit before Tax Margin

Tax

Profit After Tax

Profit After Tax Margin

EPS (In Rs.)

1,110.3

741.5

-25.5

394.3

35.5%

89.9

187.7

116.7

10.5%

22.5

1.7

95.9

8.6%

25.1

-0.1

70.7

6.4%

11.3

59.4

5.4%

3.79

938.4

658.4

-68.3

348.4

37.1%

73.9

166.6

107.9

11.5%

20.2

2.0

89.7

9.6%

22.0

0.0

67.7

7.2%

23.9

43.8

4.7%

2.80

Y-o-Y

18.3%

13.2%

8.2%

6.9%

4.4%

35.7%

9M FY24

9M FY23

3,288.4

2,178.0

-39.9

1150.4

35.0%

267.7

528.5

354.1

10.8%

67.4

8.9

295.5

9.0%

74.7

-0.4

220.5

6.7%

61.3

159.1

4.8%

10.16

3,035.6

2,074.3

-69.4

1030.7

34.0%

205.2

491.2

334.3

11.0%

60.5

5.7

279.6

9.2%

60.9

0.0

218.7

7.2%

72.2

146.5

4.8%

9.37

Y-o-Y

8.3%

11.6%

5.9%

5.7%

0.8%

8.6%

Historical Financials

Strengthening Balance Sheet

Cash Conversion Cycle

Inventory

Debtors

Creditors

In Days

103

123

Mar-20

167

Mar-21

RoCE*

23%

* A s o n 3 0 t h Se p t e m b e r 2 0 2 3

108

106

100

Mar-22

RoE*

17%

Mar-23

Sep-23

Cash & Cash Equivalents* Rs. 36.7 Crs.

Performance Ratios

Return on Equity (RoE)

Return on Capital Employed (RoCE)

Fixed Asset Turnover Ratio

Increased from 13% in FY19 to 17% in H1 FY24 23%

18%

17%

Increased from 15% in FY19 to 23% in H1 FY24 26%

24%

23%

Improved from 1.5 in FY19 to 3.3

in H1 FY24

3.3

3.0

2.6

11%

1.5

1.2

1.4

FY19

FY20

FY21

FY22

FY23

H1FY24

FY19

FY20

FY21

FY22

FY23

H1FY24

FY19

FY20

FY21

FY22

FY23 H1FY24

Debt / EBITDA

Debt / Equity

Current Ratio

Improved from 3.29 in FY19 to 1.63

in H1 FY24

Improved from 1.27 in FY19 to 0.68 in H1 FY24

Improved from 0.93 in FY19 to 1.01

in H1 FY24

4.71

4.02

3.29

1.27

1.30

1.18

0.93

0.97

0.96

1.00

0.97

1.01

1.55

1.31

1.63

0.76

0.68

0.52

FY19

FY20

FY21

FY22

FY23 H1FY24

FY19

FY20

FY21

FY22

FY23 H1FY24

FY19

FY20

FY21

FY22

FY23 H1FY24

Historical Profit and Loss

Profit and Loss (Rs in Crs)

Revenue from Operations

Cost of Materials Consumed

Changes in Inventory

Gross Profit

Gross Profit Margin

Employee Cost

Other Expenses

EBITDA

EBITDA Margin

Depreciation

Other Income

EBIT

EBIT Margin

Finance Cost

Profit before Tax

Profit before Tax Margin

Tax

Prior Period Adjustment

Profit After Tax

Profit After Tax Margin

EPS

FY23

4,040.5

2,688.3

-24.7

1,376.9

34.1%

283.7

650.4

442.8

11.0%

80.4

12.4

374.8

9.3%

83.5

291.2

7.2%

97.3

0.1

193.8

4.8%

12.39

FY22

3,560.0

2,221.6

-34.5

1,372.8

38.6%

218.7

701.4

452.8

12.7%

76.9

13.0

388.9

10.9%

85.4

303.5

8.5%

97.8

0.3

205.5

5.8%

13.16

FY21

1,749.4

1,082.4

16.7

650.3

37.2%

152.9

293.6

203.8

11.6%

72.3

16.3

147.8

8.5%

83.9

63.8

3.6%

14.6

0.0

49.3

2.8%

3.16

FY20

1,563.3

973.3

-7.1

597.1

38.2%

156.1

269.7

171.2

11.0%

71.9

22.1

121.4

7.8%

88.7

32.7

2.1%

11.4

-2.2

23.4

1.5%

1.50

FY19

2,041.2

1,353.7

-49.8

737.3

36.1%

188.3

303.2

245.9

12.0%

61.9

17.5

201.4

9.9%

92.5

108.9

5.3%

25.4

1.1

82.4

4.0%

5.29

Balance Sheet

Assets (Rs. in Crs)

FY23

FY22

FY21

FY20

FY19

Equity & Liabilities (Rs. in Crs)

FY23

FY22

FY21

FY20

FY19

Non - Current Assets

1,603.1 1,497.0 1,425.9 1,412.8 1,400.7

Property Plant & Equipments

1,347.3 1,358.3 1,257.4 1,304.7 1,327.5

Total Equity

Share Capital

Other Equity

1,134.7 951.8

749.3

698.0

659.9

15.7

15.6

1,119.1 936.2

733.7

682.4

644.3

CWIP

Intangible assets

Financial Assets

163.4

96.9

109.3

85.5

52.8

1.3

1.8

1.7

Share application money pending allotment

0.0

21.8

Non-Current Liabilities

431.4

548.4

635.1

690.8

659.4

36.8

30.3

20.7

19.5

17.4

Financial Liabilities

Other Non - Current Assets

54.4

10.1

36.7

1.3

1.4

(i) Borrowings

161.1

279.3

379.8

441.8

458.1

Current Assets

Inventories

Financial Assets

1,178.3 1,204.6

950.8

766.3

752.7

(ii) Other Financial Liabilities

734.0

647.0

496.5

329.3

338.1

Provisions

68.3

30.5

75.1

23.5

80.1

11.5

81.8

13.7

62.3

13.3

Deferred Tax Liabilities ( Net)

171.6

170.6

163.7

153.5

125.7

(i) Trade receivables

348.8

392.3

257.1

209.8

194.0

(ii) Cash and cash equivalents

18.3

23.2

27.9

31.6

36.2

(iii) Bank Balance & Other than above

(iv) Loans

(v) Other Financial Assets

Current Tax Assets (Net)

25.7

34.7

25.3

60.2

84.8

4.8

0.0

3.9

4.1

0.0

2.8

0.5

2.3

3.0

1.5

2.5

2.8

1.8

0.0

(iii) Other Financial Liabilities

Current tax liabilities (net)

Provisions

Current Liabilities

Financial Liabilities

(i) Borrowings

(ii) Trade Payables

1,215.2 1,201.3

992.3

790.4

812.3

477.2

498.6

557.5

456.6

392.9

694.8

659.1

412.2

213.6

257.3

0.0

5.1

0.0

1.8

4.6

0.0

6.6

102.7

136.6

0.0

2.7

1.4

2.3

Other Current Assets

42.9

103.2

138.4

128.4

95.0

Other current liabilities

38.1

37.2

16.0

14.8

21.8

Total Assets

2,781.4 2,701.6 2,376.7 2,179.1 2,153.4

Total Equity & Liabilities

2,781.4 2,701.6 2,376.7 2,179.1 2,153.4

Cash Flow - Snapshot

Particulars (Rs. in Crs)

Net Profit Before Tax

FY23

FY22

FY21

FY20

FY19

288.6

300.9

63.9

32.3

108.7

Adjustments for: Non -Cash Items / Other Investment or Financial Items

154.8

150.9

144.5

152.3

148.1

Operating profit before working capital changes

443.4

451.8

208.4

184.7

256.8

Changes in working capital

Cash generated from Operations

Direct taxes paid (net of refund)

Net Cash from Operating Activities

Net Cash from Investing Activities

Net Cash from Financing Activities

Net Increase/(Decrease) in Cash and Cash equivalents

Add: Cash & Cash equivalents at the beginning of the period

Cash & Cash equivalents at the end of the period

-47.7

0.5

-24.7

-71.5

-46.5

395.7

452.3

183.7

113.1

210.3

47.6

46.2

14.6

9.3

26.5

348.1

406.1

169.1

103.9

183.8

-127.9

-153.5

-37.1

-69.3

-80.5

-234.1

-247.9

-170.6

-63.9

-112.9

-13.9

57.9

43.9

4.7

53.2

57.9

-38.5

-29.3

-9.6

91.7

53.2

121.0

130.6

91.7

121.0

Consolidated Balance Sheet

Assets (Rs. in Crs)

Non - Current Assets

Property Plant & Equipments

CWIP

Intangible assets

Financial Assets

Other Non - Current Assets

Current Assets

Inventories

Financial Assets

Sep-23

Mar-23

Equity & Liabilities (Rs. in Crs)

1,749.8

1,603.1

1,301.6

1,347.3

353.3

163.4

1.3

38.4

55.3

1.3

36.8

54.4

Total Equity

Share Capital

Other Equity

Share application money pending allotment

Non-Current Liabilities

Financial Liabilities

(i) Borrowings

1,249.5

1,178.3

(ii) Other Financial Liabilities

705.8

734.0

Provisions

Deferred Tax Liabilities ( Net)

(i) Trade receivables

464.9

348.8

(ii) Cash and cash equivalents

(iii) Bank Balance & Other than above

(iv) Loans

(v) Other Financial Assets

Current Tax Assets (Net)

Other Current Assets

Total Assets

10.7

26.0

6.3

0.0

18.3

25.7

4.8

0.0

3.9

Current Liabilities

Financial Liabilities

(i) Borrowings

(ii) Trade Payables

(iii) Other Financial Liabilities

Current tax liabilities (net)

Provisions

35.8

42.9

Other current liabilities

2,999.3

2,781.4

Total Equity & Liabilities

Sep-23

Mar-23

1,223.1

1,134.7

15.7

1,207.4

1,119.1

0.0

533.8

282.5

50.5

31.7

169.2

0.0

431.4

161.1

68.3

30.5

171.6

1,242.5

1,215.2

553.9

644.6

0.0

5.6

6.2

32.2

477.2

694.8

0.0

5.1

38.1

2,999.3

2,781.4

CSR & Awards

Promotion of Education by strengthening government schools & helping poor students by providing Financial Assistance & providing access to education to Orphan Children who lost their parents due to Covid -19

CSR

Providing help to the Mentally Challenged Children in getting special life skills education to make them self- dependable and able to manage the real-life situations at home, in the community and at workplace

Initiated projects worth 8MW in Solar and wind power energy to convert from fossil fuel energy. We expect all of them to be on stream in FY 2022-23 to move towards the ESG goal

Giv in g B ac k to S o c iet y is O u r Co re Valu e

Strengthening Community Health Centre at Lalru, Punjab by providing essential medical machineries, equipment's and other items to deal with Covid-19 & other health problems

Ensuring environment sustainability through developing & maintaining green park & cleaning activities. Construction, Renovation & Beautification of government schools

Awards

Best Quality Performance - JCB

Best Localization Award for the Year 2022 - Hyundai Motor India Limited

THANK YOU

Company: Steel Strips Wheels Limited CIN: L2710PB1985PLC006159

Investor Relations: Strategic Growth Advisors (SGA) CIN: U74140MH2010PTC204285

Mr. Naveen Sorot (CFO)/ Mr. Mohan Joshi (ED) info@sswlindia.com Tel: +91-172 2790979

Mr. Harsh Shah / Mr. Deven Dhruva harsh.shah@sgapl.net / deven.dhruva@sgapl.net Tel: +91 97689 74808 / +91 98333 73300

← All Transcripts SSWL Stock Page →

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...

Market Movers