Integrated Filing — IndAS



General information about company

Scrip Code 513262
NSE Symbol SSWL
MSEI Symbol NOTLISTED
ISIN INE802C01033
Name of company STEEL STRIPS WHEELS LTD
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 29-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment AUTO COMPONENTS
Start date and time of board meeting 29-05-2026   11:00:00
End date and time of board meeting 29-05-2026   12:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,47,463.42 5,18,280.25
Other income 121.21 316.42
Total income 1,47,584.63 5,18,596.67
2 Expenses
(a) Cost of materials consumed 97,712.07 3,46,317.75
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 806.20 (6,463.02)
(d) Employee benefit expense 11,336.48 42,979.86
(e) Finance costs 3,096.49 12,321.82
(f) Depreciation, depletion and amortisation expense 3,675.16 13,604.99
(f) Other Expenses
1 Other Expenses 22,626.19 84,422.04
Total other expenses 22,626.19 84,422.04
Total expenses 1,39,252.59 4,93,183.44
3 Total profit before exceptional items and tax 8,332.04 25,413.23
4 Exceptional items 0.00 0.00
5 Total profit before tax 8,332.04 25,413.23
6 Tax expense
7 Current tax 1,984.69 6,524.01
8 Deferred tax 259.49 (131.36)
9 Total tax expenses 2,244.18 6,392.65
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 6,087.86 19,020.58
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (3.12) 1.22
16 Total profit (loss) for period 6,084.74 19,021.80
17 Other comprehensive income net of taxes 142.26 75.73
18 Total Comprehensive Income for the period 6,227.00 19,097.53
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,571.80 1,571.80
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 1,71,716.82
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.87 12.11
Diluted earnings (loss) per share from continuing operations 3.86 12.07
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.87 12.11
Diluted earnings (loss) per share from continuing and discontinued operations 3.86 12.07
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The above financial results have been reviewed and recommended by Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 29th May 2026. The statutory auditors have expressed an unmodified opinion on these results. 2.The Chief Operating Decision Maker CODM reviews the operations of the company as a whole, hence there are no reportable segments as per Ind AS 108 Operating Segments. 3.These consolidated financial results of the Company have been prepared in accordance with the Indian Accounting Standards (IND AS) as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015, Companies (Indian Accounting Standards) amendment Rules 2016 and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI circular CIR/CFT/FAC/62/2016 dated July 05, 2016 and other accounting principles generally accepted in India. 4.The Board of Directors of company have recommended a final dividend at rate of 150% i.e. Rs. 1.50 per fully paid up equity share of face value of Rs.1/- each subject to the approval of shareholders at the ensuing Annual General Meeting (AGM) of the Company. 5.The figures for the corresponding previous periods have been restated/ regrouped, wherever necessary, to make them comparable. The figures of last quarters are the balancing figures between audited figures in respect of full financial year and the published year to date figures upto the third quarter of the current financial year which were subject to limited review by the statutory auditors.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,96,709.41
Capital work-in-progress 15,447.65
Investment property
Goodwill 0.00
Other intangible assets 63.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 1,050.02
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Other financial assets 1,584.30
Total of other non-current financial assets 1,584.30
Total non-current financial assets 2,634.32
Deferred tax assets (net)
Other non-current assets
1 Right to use assets 323.07
2 Other non-current assets 4,381.77
Total of other non-current assets 4,704.84
Total non-current assets 2,19,559.22
2 Current assets
Inventories 95,215.55
Current financial asset
Current investments 0.00
Trade receivables, current 60,895.74
Cash and cash equivalents 639.12
Bank balance other than cash and cash equivalents 500.89
Loans, current 536.89
Other current financial assets
Total of other current financial assets 6.39
Total current financial assets 62,579.03
Current tax assets (net)
Other current assets
1 Other current assets 5,784.13
Total of other current assets 5,784.13
Total current assets 1,63,578.71
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3,83,137.93
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,571.80
Other equity 1,78,909.55
Total equity attributable to owners of parent 1,80,481.35
Non controlling interest
Total equity 1,80,481.35
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 27,593.18
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Other financial liabilities 1,706.59
Total of other non-current financial liabilities 1,706.59
Total non-current financial liabilities 29,299.77
Provisions, non-current 1,202.58
Deferred tax liabilities (net) 9,266.22
Deferred government grants, Non-current
Other non-current liabilities
1 Lease liability 241.85
Total of other non-current liabilities 241.85
Total non-current liabilities 40,010.42
Current liabilities
Current financial liabilities
Borrowings, current 54,996.94
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 5,079.17
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 95,110.73
Total Trade payable 1,00,189.90
Other current financial liabilities
1 Other financial liabilities 123.72
Total of other current financial liabilities 123.72
Total current financial liabilities 1,55,310.56
Other current liabilities 6,085.63
1 Lease liability 4.96
2 Other current liabilities 6,080.67
Total of other current liabilities 6,085.63
Provisions, current 143.46
Current tax liabilities (Net) 1,106.51
Deferred government grants, Current
Total current liabilities 1,62,646.16
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 2,02,656.58
Total equity and liabilites 3,83,137.93
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gain (losses) on defined benefit plans 190.11 101.20
Total Amount of items that will not be reclassified to profit and loss 190.11 101.20
2 Income tax relating to items that will not be reclassified to profit or loss 47.85 25.47
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 142.26 75.73



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 25,413.23
Adjustments for reconcile profit (loss)
Adjustments for finance costs 12,321.82
Adjustments for decrease (increase) in inventories (20,939.36)
Adjustments for decrease (increase) in trade receivables, current (12,264.75)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 24,888.62
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 13,604.99
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (1,501.01)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (3,545.78)
Adjustments for other financial liabilities, non-current (1,354.74)
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 730.31
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (73.49)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 11,866.61
Net cash flows from (used in) operations 37,279.84
Dividends received 0.00
Interest paid 0.00
Interest received (115.24)
Income taxes paid (refund) 4,000.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 33,164.60
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 542.22
Purchase of property, plant and equipment 19,280.66
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 115.24
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (18,623.20)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 50.22
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 13,175.00
Repayments of borrowings 13,328.21
Payments of lease liabilities 29.54
Dividends paid 1,964.76
Interest paid 12,313.60
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (14,410.89)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 130.51
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 130.51
Cash and cash equivalents cash flow statement at beginning of period 1,009.50
Cash and cash equivalents cash flow statement at end of period 1,140.01





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s AKR and Associates, Chartered Accountants Yes 30-11-2028