STOCKWATCH
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Auto Components & Equipments
Monthly Update2 Mar 2026, 10:19 am

Steel Strips Wheels Ltd. Reports 17% Net Monthly Sales Growth in February 2026

AI Summary

Steel Strips Wheels Limited (SSWL) continued its strong growth streak with a 16.84% YOY increase in Net Turnover for February 2026, reaching ¥476.41 Cr. Gross Turnover reached ¥549.25 Cr, reflecting a steady growth of 9.71%. The 2 & 3 Wheeler segment doubled its output YOY, while the Tractor segment posted a 35% increase in both volume and value. The Aluminum segment grew by 16% in value, and domestic CV sales increased by 10%. Despite a 53% decrease in export volume, SSWL managed to offset this through domestic expansion and a shift toward high-value segments, generating 17% value growth on a 5% volume increase.

Key Highlights

  • SSWL reports 17% Net Turnover growth in February 2026
  • 2 & 3 Wheeler segment achieves 108% growth in volume
  • Tractor segment posts 35% increase in volume and value
  • Aluminum segment grows by 16% in value
  • Domestic CV sales increase by 10% in value
SSWL
Auto Components & Equipments
STEEL STRIPS WHEELS LTD.-$

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