Steel Strips Wheels Limited achieved a historic milestone by recording its highest monthly sales ever in December 2025. The company reported net turnover rising 22.44% year-on-year to ₹446.59 crore, compared with ₹364.74 crore in the same month last year, marking the highest monthly net revenue in its operating history. Additionally, gross turnover increased 15.98% YoY to ₹515.87 crore, supported by higher realisations and improved average selling prices. This record-breaking performance demonstrates strong operational capabilities and effective market positioning in the automotive ancillary sector.
The company achieved its highest-ever average selling price during December 2025, aided by a richer product mix and higher contribution from tractors, aluminium wheels and truck wheels. According to management, the December results reflect Steel Strips Wheels' strategic focus on premiumisation, operational efficiency and deeper engagement with key OEM customers across segments. Despite muted export volumes, strong domestic performance ensured record turnover and improved margins through this value-added approach.
Steel Strips Wheels' December performance was led by sharp growth in the tractor, aluminium and truck wheel segments, both in terms of volumes and value, reflecting sustained domestic OEM demand and stronger contribution from premium products. The tractor segment delivered the strongest contribution, aided by robust rural demand, while aluminium wheels continued to scale up on the back of rising adoption in passenger vehicles and premium offerings. The truck segment also recorded steady growth, supporting overall volumes and value. However, the passenger car steel segment experienced a decline of 22% by value and 17% by volume year-on-year.
The December 2025 achievement marks a historic milestone for Steel Strips Wheels as the company recorded its highest monthly sales performance to date. Steel Strips Wheels Limited is one of India's leading automotive wheel manufacturers, catering to tractors, passenger vehicles, commercial vehicles and two- and three-wheelers across domestic and export markets. The company is listed on both the NSE and BSE and is part of the Steel Strips Group, with a growing focus on premium and value-added wheel solutions. This record-breaking monthly performance positions the company favorably for continued growth and market expansion in the automotive ancillary sector.
