Steel Strips Wheels declares 150% final dividend for FY26
Steel Strips Wheels announced its FY26 results, reporting highest-ever revenue of ₹5,183 Crore (up 17% YoY). The company recommended a final dividend of 150% (₹1.50 per share). Q4 FY26 revenue grew 19.5% YoY to ₹1,475 Crore. Volume for Tractor Wheels increased 23% YoY in FY26.
The announcement includes record financial performance (revenue and PAT), significant YoY growth, and a dividend declaration, which are material events likely to impact investor sentiment and the company's stock price.
The company reported record revenues, significant year-on-year growth in revenue and profits, and recommended a substantial final dividend, all indicating positive financial performance and shareholder returns.
Steel Strips Wheels Limited (SSWL) announced its financial results for the quarter and financial year ended March 31, 2026. The company's Board of Directors, in their meeting held on May 29, 2026, approved the audited financial results (standalone and consolidated) for the period. The Board also recommended a final dividend of 150%, amounting to ₹1.50 per equity share of face value ₹1 each, for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting (AGM).
The company reported its highest-ever revenue for FY26, with total revenue reaching ₹5,183 Crore, marking a 17.0% year-on-year growth. EBITDA for the full year stood at ₹522.96 Crore, a 4.5% increase YoY, and Profit After Tax (PAT) was ₹202.09 Crore. For the fourth quarter of FY26, total revenue grew by 19.5% YoY to ₹1,475 Crore, with EBITDA increasing by 10.5% YoY to ₹152.52 Crore and PAT rising by 5.5% YoY to ₹64.45 Crore.
Volume highlights for FY26 showed significant year-on-year growth across various wheel segments: Alloy Wheels up by 19%, Tractor Wheels by 23%, and Truck Wheels by 11%. The Statutory Auditors provided an unmodified opinion on both the standalone and consolidated financial results and financial statements for the quarter and financial year ended March 31, 2026.
What to do with a filing like this
Steel Strips Wheels Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Steel Strips Wheels Limited. Read the original for the full detail.