Shree Steel Wire Ropes Ltd.
Snapshot View

31.75 +0.40 ▲1.3%

05 August 2021, 04:00:00 P.M.
Volume: 8,024

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.sswrl.com
Financial Indicators
Market Cap 10.33 Cr.
Earnings per share (EPS) 2.62 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 11.90 Trailing Twelve Months Ending 2021-03
Industry PE 14.67 Trailing Twelve Months Ending 2021-03
Book Value / Share 38.36 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.81 Calculated using Price: 31.20
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.33 Cr. 3,311,490 Shares
FaceValue 10
Company Profile

Shree Steel Wire Ropes established in 1972 is today a BLUE CHIP Company and a leader in Steel Wire Ropes. Operating from its modern sophisticated state-of-the-art plant at Khopoli. Shree believes quality is not an incidental phenomena but the outcome of untinted cohesive team work. This is why their technocrats are always one step ahead.

The company is a dominating name in the field of Steel Wire Ropes since 1972 having its modern sophisticated plant at Khopoli near Mumbai.

The company is keeping pace with the modern latest technology. This is one of the main reason for their winning continuously Export Excellency Award from Govt. of India for the fourth consecutive year since 1992-93 till date.

The company produces wire ropes to all international standards including BS/DIN/GOST/API/FEDERAL. They have the 'Total Technology for any type of wire rope'.

Shree is also a major source of indigenous development of various import substitution items. 'SHREE' Wire ropes are approved by internationally acclaimed inspection agencies like Lloyd's, American Bureau of Shipping, Bureau Veritas, SGS India Ltd., etc., on several occasions. 'SHREE' is playing a key role and one of the major supplier to Railways, Port Trusts, ONGC, Oil India, Defense, Steel Plants, Dept. of Atomic Energy, CoalFields and other major projects.

Shree Wire Ropes are in extensive use in general Engineering, Shipping, Fishing, Mining, Oil Well Exploration, Construction, Aerial Application, Deep Sea Exploration and so on. Shree Steel Wire Ropes has recently introduced a new fully equipped modern foundry division. This area produces specially the following items:

  • Non-ferrous castings
  • Aluminium Alloys.
  • Aluminium Bronze
  • Brass

Shree Steel Wire Ropes can produce the various engineering components and parts from 50 grams to 10 kg per piece as per the customer’s drawings and specifications with International standards.

The company’s current production is over 1000 kg per day and its promised to improve the poduction atleast twice in the coming year.

Product range of the company includes:

  • Wire ropes A wire rope is made up of a number of strands laid helically about a metallic or non metallic core. Each strand consists of a number of wires also laid helically about a metallic or non metallic centre. For manufacturing rope wire the following materials are used such as Iron, Traction Steel, Plough Steel/Improved Plough Steel. Iron wire rope is largely used for low strengths, Plough and Improved Plough Steels are used for higher strengths. Ropes made of galvanized wire or wire coated with zinc by the electro deposition process are used in certain applications where additional protection against rusting is required.
  • Allied Products

Achievements/ recognition:

  • An ISO 9002 certified company
  • 'SHREE' is the winner of Export Excellency Award for 91-92, 92-93, 93-94, 94-95 & 95-96
  • 'SHREE' wire ropes are approved by internationally acclaimed inspection agencies like Lloyd's, American Bureau of Shipping, Bureau Veritas, SGS India Ltd., etc., on several occasions.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.28%
1 Week
+0.47%
1 Month
+36.85%
3 Month
+38.65%
6 Month
+38.04%
1 Year
+68.44%
2 Year
+151.98%
5 Year
+90.58%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 4.25 5.24 15.82 9.35 12.48 6.11 7.36 4.62 17.65
Return on Capital Employed (%) 6.31 8.21 20.48 13.51 19.19 9.87 9.78 11.09 23.13
Return on Assets (%) 3.56 4.10 12.42 7.83 10.39 5.05 5.99 3.55 13.71

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 6 6 7 7 8 9 10 10 12
Non Curr. Liab. 0 0 0 0 0 0 0 0 0
Curr. Liab. 1 2 1 2 2 2 2 3 2
Minority Int.
Equity & Liab. 7 8 8 9 10 11 12 14 14
Non Curr. Assets 4 4 5 5 5 5 4 6 6
Curr. Assets 3 3 3 4 5 6 8 7 8
Misc. Exp. not W/O
Total Assets 7 8 8 9 10 11 12 14 14

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 5 7 9 10 11 10 13 18 25
Other Income 0 0 0 0 0 0 0 0 0
Total Income 5 7 9 10 12 10 13 18 25
Total Expenditure -5 -6 -8 -9 -10 -9 -12 -17 -23
PBIDT 1 1 1 1 2 1 1 1 3
Interest 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0
Taxation 0 0 0 0 -1 0 0 0 -1
Exceptional Items 0
PAT 0 0 1 1 1 1 1 0 2

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 1 1 0 1 0 1 1 1 0
Cash Fr. Inv. 0 -1 0 0 0 0 -1 0 -1
Cash Fr. Finan. 0 0 0 0 0 0 0
Net Change 0 0 0 0 0 0 0 0 -1
Cash & Cash Eqvt 1 1 0 1 1 1 1 1 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 29.26 29.26 29.26 29.26 29.26 29.26 29.26 29.51 29.53
Public 70.74 70.74 70.74 70.74 70.74 70.74 70.74 70.49 70.47
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sat, 31 Jul 2021
Board Meeting Intimation for To Consider And Approve:<BR> <BR> The Unaudited Financial Results For The Quarter Ended On June 30 2021.
SHREE STEEL WIRE ROPES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2021 inter alia to consider and approve Shree Steel Wire Ropes Limited informs that a Meeting of the Board of Directors of the Company will be held on Saturday August 07 2021 inter alia:

To consider approve and take on record the Unaudited Financial Results of the Company for the quarter ended on June 30 2021. The Unaudited Financial Results shall be subject to limited review by Statutory Auditors of the Company.

Further please be informed that in accordance with Code of Conduct to Regulate Monitor and Report Trading by insiders and pursuant to SEBI (Prohibition of Insider Trading) Regulations 2015 the Trading Window of the Company is closed from July 01 2021 and shall re-open on August 10 2021

Please take the same on your record.
Sat, 31 Jul 2021
Clarification On Movement In Price Of Shares Of The Company
With reference to clarification sought by your good office pertaining to the movement in the price of the company scrip. We would like to draw your attention that we have timely dispensed all the necessary information/disclosures/ announcements of all the requisite/material events under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("SEBI Listing Regulations") with the BSE.

We have timely disseminated all such information/ disclosures/ announcements which might have bearing on price movement of the companies scrip or which requires disclosure in accordance to regulatory requirement.

The movement in the share price of the company is purely due to market conditions and is absolutely market driven and the Company is in no way connected with any such movement in price.

Kindly take this on your records and oblige.
Fri, 30 Jul 2021
Clarification sought from Shree Steel Wire Ropes Ltd
The Exchange has sought clarification from Shree Steel Wire Ropes Ltd on July 30 2021 with reference to significant movement in price in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.

The reply is awaited.

Technical Scans View Details

Thu, 05 Aug 2021
High Delivery Percentage High Delivery Percentage
Close Within 52 Week High Zone Close Within 52 Week High Zone
Wed, 04 Aug 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
MFI Trending Up MFI Trending Up
Tue, 03 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity

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