Enkei Wheels

how big is Enkei Wheels?

As of Jun 06, Enkei Wheels India Ltd has a market capitalization of 926.00 Cr, classified as a Micro Cap, with recent net sales of 189.40 Cr and no net profit reported. Shareholder's funds are valued at 235.43 Cr, with total assets of 562.33 Cr.

Market Cap: As of Jun 06, Enkei Wheels India Ltd has a market capitalization of 926.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: For the latest two quarters, the sum of Net Sales is 189.40 Cr, and the sum of Net Profit is 0.00 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the reporting period of Dec'24. Shareholder's Funds are valued at 235.43 Cr, and Total Assets amount to 562.33 Cr.

What does Enkei Wheels do?

Enkei Wheels India Ltd is a micro-cap manufacturer of aluminium alloy wheels for two-wheelers and four-wheelers, incorporated in 2009. As of March 2025, it reported net sales of 228 Cr and a net profit of -5 Cr, with a market cap of Rs 926 Cr.

Overview:<BR>Enkei Wheels India Ltd is a leading manufacturer of aluminium alloy wheels for two-wheelers and four-wheelers in the auto components and equipment industry, categorized as a micro-cap company.<BR><BR>History:<BR>Enkei Wheels India Ltd was incorporated on March 30, 2009, and obtained a Certificate of Commencement of Business on May 29, 2009. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 228 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -5 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 926 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.85 <BR>Return on Equity: -4.89% <BR>Price to Book: 3.93<BR><BR>Contact Details:<BR>Address: Gat No 1425 Village Shikrapur, Taluka Shirur Pune Maharashtra : 412208 <BR>Tel: 91-2137-618700 <BR>Email: secretarial@enkei.in <BR>Website: http://www.enkei.in

Who are in the management team of Enkei Wheels?

As of December 2021, the management team of Enkei Wheels includes Junichi Suzuki (Director), Haresh Shah (Independent Director), Shailendrajit Rai (Director), Satyavara Prasad Garimella (Independent Director), Kazuo Suzuki (Managing Director), Jeevanjyoti Nayak and Sourav Chowdhury (Company Secretaries & Compliance Officers), Smita Patti (Independent Director), and Makoto Miura (Alternate Director). This team oversees the company's governance and operations.

As of December 2021, the management team of Enkei Wheels includes the following individuals:<BR><BR>1. Junichi Suzuki - Director<BR>2. Haresh Shah - Independent Director<BR>3. Shailendrajit Rai - Director<BR>4. Satyavara Prasad Garimella - Independent Director<BR>5. Kazuo Suzuki - Managing Director<BR>6. Jeevanjyoti Nayak - Company Secretary & Compliance Officer<BR>7. Smita Patti - Independent Director<BR>8. Sourav Chowdhury - Company Secretary & Compliance Officer<BR>9. Makoto Miura - Alternate Director<BR><BR>This team comprises a mix of directors, independent directors, and compliance officers, contributing to the governance and operational oversight of the company.

Has Enkei Wheels declared dividend?

No Dividend History Available

Who are the peers of the Enkei Wheels?

Enkei Wheels' peers include Samvardh. Mothe., Bosch, Schaeffler India, and others, with varying management and growth risks. Enkei Wheels has a below-average management risk and a 1-year return of -21.74%, better than Automotive Stamp but worse than Bosch's 4.37%.

Peers: The peers of Enkei Wheels are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Sar Auto Prod., Jay Bharat Maru., Munjal Auto Inds, Automotive Stamp, and Hind.Composites.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India and Tube Investments, while Good management risk is found at Bosch, Bharat Forge, and the rest. Average management risk is noted at Samvardh. Mothe. and Munjal Auto Inds, while Below Average management risk is seen at Enkei Wheels, Sar Auto Prod., and Jay Bharat Maru. For Growth, Excellent growth is seen at Schaeffler India and Tube Investments, Good growth at Bharat Forge and Munjal Auto Inds, Average growth at Bosch and Samvardh. Mothe., and Below Average growth at Enkei Wheels, Sar Auto Prod., and Jay Bharat Maru. In terms of Capital Structure, Excellent capital structure is noted at Bosch, Schaeffler India, and Tube Investments, Good capital structure at Munjal Auto Inds and Sar Auto Prod., and Below Average capital structure at Enkei Wheels.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bosch at 4.37%, while the lowest is Automotive Stamp at -45.23%. Enkei Wheels has a 1-year return of -21.74%, which is better than Automotive Stamp but worse than Bosch. Additionally, the six-month returns are negative for Samvardh. Mothe., Tube Investments, Enkei Wheels, Sar Auto Prod., Munjal Auto Inds, and Automotive Stamp.

Who are the top shareholders of the Enkei Wheels?

The top shareholders of Enkei Wheels are Enkei Corporation with 74.97%, Nastic Trading LLP at 3.17%, and individual investors holding 15.23%. Additionally, three foreign institutional investors own a combined 0.02%, with no mutual funds holding shares.

The top shareholders of Enkei Wheels include Enkei Corporation, which holds a significant majority stake of 74.97%. Other notable shareholders are Nastic Trading LLP, with a holding of 3.17%, and individual investors collectively owning 15.23%. Additionally, there are three foreign institutional investors (FIIs) that hold a small portion of the company, totaling 0.02%. There are no mutual funds currently holding shares in Enkei Wheels.

Is Enkei Wheels technically bullish or bearish?

As of October 24, 2025, Enkei Wheels shows a mildly bearish trend overall, with mixed signals from various indicators suggesting a cautious outlook.

As of 24 October 2025, the technical trend for Enkei Wheels has changed from bearish to mildly bearish. The current stance is mildly bearish overall, driven by the weekly MACD indicating mild bullishness, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are mildly bearish on both weekly and monthly time frames. Daily moving averages are also mildly bearish. KST and Dow Theory present a mixed view, with weekly indicators showing bearishness and monthly indicators showing mild bullishness. Overall, the mixed signals and the current price action suggest a cautious outlook.

Is Enkei Wheels overvalued or undervalued?

As of November 4, 2025, Enkei Wheels is considered overvalued with a PE Ratio of -59.22 and an EV to EBITDA of 18.18, significantly underperforming its peers and the Sensex, with a year-to-date return of -29.06%.

As of 4 November 2025, Enkei Wheels has moved from a fair to an expensive valuation grade. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE Ratio of -59.22, an EV to EBITDA of 18.18, and a Price to Book Value of 3.66, which indicate significant concerns regarding profitability and valuation relative to its assets.<BR><BR>In comparison to its peers, Enkei Wheels' valuation stands out unfavorably; for instance, Samvardhana Motherson has a PE Ratio of 32.28 and an EV to EBITDA of 11.83, while Endurance Tech is valued fairly with a PE of 47.98 and an EV to EBITDA of 24.61. These comparisons highlight that Enkei Wheels is not only underperforming in terms of profitability but also appears to be priced higher than its more successful competitors. Additionally, the company's stock has underperformed relative to the Sensex, with a year-to-date return of -29.06% compared to the Sensex's 6.81%, reinforcing the notion that it may be overvalued at its current price of 479.00.

Are Enkei Wheels latest results good or bad?

Enkei Wheels reported strong Q3 FY26 results with a record net profit of ₹7.94 crores and net sales of ₹265.11 crores, indicating a positive operational turnaround. However, concerns about high valuation and inconsistent historical profitability suggest a cautious investment outlook.

Enkei Wheels has recently reported impressive results for Q3 FY26, marking a significant operational turnaround. The company achieved a record net profit of ₹7.94 crores, which is a remarkable increase compared to previous periods. Net sales also reached a record high of ₹265.11 crores, reflecting robust demand across both two-wheeler and four-wheeler segments. Additionally, the operating margin improved to 11.31%, the highest recorded in recent quarters.<BR><BR>These results indicate a positive trend in the company's operational performance, showcasing its ability to manage costs effectively and improve profitability despite challenges in the broader economic environment. However, it is essential to note that while the quarterly performance is strong, there are underlying concerns regarding the company's valuation and historical profitability metrics. The stock is currently considered expensive relative to its peers, with a price-to-book value of 3.66x, and it has struggled with low returns on equity.<BR><BR>In summary, while the latest results are good and indicate a positive shift for Enkei Wheels, the overall investment outlook remains cautious due to valuation concerns and a history of inconsistent profitability.

How has been the historical performance of Enkei Wheels?

Enkei Wheels has shown significant growth in net sales, increasing from 266.76 Cr in 2019 to 844.46 Cr in 2024, but faced profitability challenges with declines in profit before tax and profit after tax in 2024. Total assets and liabilities rose to 562.33 Cr, while cash flow from operating activities decreased, indicating potential liquidity concerns.

Answer:<BR>The historical performance of Enkei Wheels shows a significant increase in net sales over the years, rising from 266.76 Cr in 2019 to 844.46 Cr in 2024. Total operating income has followed a similar upward trend, reaching 844.46 Cr in 2024, compared to 716.14 Cr in 2023 and 663.49 Cr in 2022. However, the company has faced fluctuations in operating profit, with a peak of 68.31 Cr in 2023, slightly declining to 67.11 Cr in 2024. Profit before tax has also varied, showing a decrease from 16.05 Cr in 2023 to 2.23 Cr in 2024, while profit after tax dropped from 11.70 Cr in 2023 to 2.66 Cr in 2024. The earnings per share (EPS) have seen a decline from 6.51 in 2023 to 1.48 in 2024. On the balance sheet, total assets increased from 420.27 Cr in 2019 to 562.33 Cr in 2024, with total liabilities also rising from 420.27 Cr to 562.33 Cr during the same period. Cash flow from operating activities has decreased from 58.00 Cr in 2023 to 20.00 Cr in 2024, while cash flow from investing activities has remained negative, indicating ongoing investments. <BR><BR>Breakdown:<BR>Enkei Wheels has demonstrated a strong growth trajectory in net sales, which increased significantly from 266.76 Cr in 2019 to 844.46 Cr in 2024, reflecting a robust demand for its products. Total operating income mirrored this growth, reaching 844.46 Cr in 2024. However, the operating profit showed some volatility, peaking at 68.31 Cr in 2023 before slightly declining to 67.11 Cr in 2024. Profit before tax and profit after tax both experienced a downturn in 2024, with profit before tax falling to 2.23 Cr and profit after tax to 2.66 Cr. The earnings per share also decreased from 6.51 in 2023 to 1.48 in 2024, indicating challenges in profitability. On the balance sheet, total assets rose to 562.33 Cr in 2024, alongside total liabilities, which also increased to the same figure, suggesting a consistent leverage strategy. The cash flow from operating activities saw a decline, indicating potential liquidity concerns, while cash flow from investing activities remained negative, suggesting ongoing capital expenditures.

When is the next results date for Enkei Wheels India Ltd?

The next results date for Enkei Wheels India Ltd is 27 February 2026.

The next results date for Enkei Wheels India Ltd is scheduled for 27 February 2026.

Should I buy, sell or hold Enkei Wheels India Ltd?

Why is Enkei Wheels India Ltd falling/rising?

As of 16-Mar, Enkei Wheels India Ltd's stock price is declining, currently at Rs 406.00, reflecting a 0.62% decrease. The stock has lost 6.77% over the past four days and is trading near its 52-week low, indicating weak performance and waning investor interest.

As of 16-Mar, Enkei Wheels India Ltd's stock price is falling, currently at Rs 406.00, reflecting a decrease of Rs 2.55 or 0.62%. The stock has been on a downward trend, having lost 6.77% over the past four days. This consistent decline is further evidenced by its performance metrics, showing a 1-week drop of 3.11% and a 1-month decline of 5.70%. <BR><BR>The stock is also trading close to its 52-week low, just 1.42% above Rs 400.25, indicating a lack of upward momentum. Additionally, Enkei Wheels is underperforming its sector by 0.54% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend.<BR><BR>Investor participation appears to be waning, as evidenced by a decrease in delivery volume, which fell by 2.17% against the 5-day average. This lack of interest may contribute to the stock's declining price. Furthermore, the company's financial health raises concerns, with a low Return on Capital Employed (ROCE) of 3.08% and a high Debt to EBITDA ratio of 4.02 times, indicating difficulties in servicing debt and low profitability.<BR><BR>Overall, the combination of poor recent performance, declining investor interest, and financial inefficiencies is contributing to the falling stock price of Enkei Wheels India Ltd.

Which are the latest news on Enkei Wheels?