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Steel Strips Wheels Approves Rs 1400 Crore Aurangabad Greenfield Manufacturing Facility


23 October 2026
Steel Strips Wheels Ltd.

Q2FY27 standalone revenue Rs1,930Cr +61% YoY, PAT Rs119Cr triple YoY; H1 revenue Rs3,440Cr PAT Rs190Cr; declared Rs1.50 interim dividend; approved Rs1,400Cr Aurangabad greenfield for 2.5M alloy, 1.6M steel wheels and hot-stamping line over 60 months. Context: first non-wheel foray breaking accruals-funded capex pattern.


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