Enkei Wheels

Which are the latest news on Enkei Wheels?

Why is Enkei Wheels India Ltd falling/rising?

As of 05-Sep, Enkei Wheels India Ltd's stock price is currently at 394.95, reflecting a 3.04% increase today. However, despite this short-term rise, the stock has seen significant declines over the year, and decreasing investor participation may indicate underlying concerns.

As of 05-Sep, Enkei Wheels India Ltd's stock price is rising, currently at 394.95, which reflects an increase of 11.65 or 3.04%. This rise can be attributed to the stock outperforming its sector by 3.1% today, indicating strong relative performance. Additionally, the stock reached an intraday high of Rs 396.85, marking a 3.54% increase at its peak.<BR><BR>Despite the positive movement today, it is important to note that the stock has experienced a decline over longer periods, with a year-to-date decrease of 19.18% and a one-year decline of 17.59%. However, the recent one-month performance shows a gain of 5.70%, contrasting with the Sensex, which fell by 2.44% in the same period. <BR><BR>Investor participation has decreased, as evidenced by a significant drop in delivery volume, which fell by 63.53% compared to the five-day average. This decline in participation could indicate a lack of confidence among investors despite the current price rise. Overall, while the stock is experiencing a rise today, its longer-term performance and declining investor participation suggest a complex situation for Enkei Wheels India Ltd.

Who are in the management team of Enkei Wheels?

The management team of Enkei Wheels includes Kazuo Suzuki (Managing Director), Junichi Suzuki, Shailendrajit Rai (Directors), Haresh Shah, Satyavara Prasad Garimella, Smita Patti (Independent Directors), and Jeevanjyoti Nayak, Sourav Chowdhury (Company Secretaries & Compliance Officers), along with Makoto Miura (Alternate Director). They oversee the company's operations and strategic direction.

The management team of Enkei Wheels includes the following individuals:<BR><BR>1. **Kazuo Suzuki** - Managing Director<BR>2. **Junichi Suzuki** - Director<BR>3. **Shailendrajit Rai** - Director<BR>4. **Haresh Shah** - Independent Director<BR>5. **Satyavara Prasad Garimella** - Independent Director<BR>6. **Smita Patti** - Independent Director<BR>7. **Jeevanjyoti Nayak** - Company Secretary & Compliance Officer<BR>8. **Sourav Chowdhury** - Company Secretary & Compliance Officer<BR>9. **Makoto Miura** - Alternate Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Enkei Wheels do?

Enkei Wheels India Ltd is a manufacturer of aluminium alloy wheels for two-wheelers and four-wheelers, with a market cap of INR 744 Cr and reported net sales of 319 Cr and net profit of 10 Cr for June 2026. The company operates in the Auto Components & Equipments industry and was incorporated in 2009.

Overview: <BR>Enkei Wheels India Ltd is a leading manufacturer of aluminium alloy wheels for two-wheelers and four-wheelers, operating in the Auto Components & Equipments industry within the micro-cap market segment.<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 June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 319 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 10 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 744 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 28.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.85 <BR>Return on Equity: 10.68% <BR>Price to Book: 2.98 <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 the peers of the Enkei Wheels?

Enkei Wheels' peers include Pradeep Metals, Veljan Denison, Sterling Tools, and others, with varying management risks and growth rates. Enkei Wheels has a Below Average capital structure and a 1-year return of -15.81%, lower than its peers.

Peers: The peers of Enkei Wheels are Pradeep Metals, Veljan Denison, Sterling Tools, IST, Automotive Stamp, Kinetic Engg., Z F Steering, Hind.Composites, and Triton Valves.<BR><BR>Quality Snapshot: Excellent management risk is observed at Veljan Denison, Sterling Tools, and Hind.Composites, while Average management risk is found at Pradeep Metals, Automotive Stamp, and the rest. Below Average management risk is noted for IST, Enkei Wheels, Kinetic Engg., Z F Steering, and Triton Valves. In terms of Growth, Excellent growth is seen at Enkei Wheels, while Good growth is noted for Automotive Stamp, and Below Average growth is present at Pradeep Metals, Veljan Denison, Sterling Tools, IST, Kinetic Engg., Z F Steering, Hind.Composites, and the rest. For Capital Structure, Excellent capital structure is attributed to Veljan Denison, Sterling Tools, IST, Z F Steering, and Hind.Composites, while Average capital structure is found at Pradeep Metals and the rest, and Below Average capital structure is noted for Enkei Wheels, Automotive Stamp, Kinetic Engg., and Triton Valves.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pradeep Metals at 107.08%, while the lowest is Sterling Tools at -27.64%. Enkei Wheels has a 1-year return of -15.81%, which is lower than both the highest and the lowest. Additionally, peers with negative six-month returns include Enkei Wheels, Kinetic Engg., Z F Steering, and Triton Valves.

How big is Enkei Wheels?

As of 31st August, Enkei Wheels India Ltd has a market capitalization of 744.00 Cr, with recent net sales of 189.40 Cr and a net profit loss of 0.00 Cr. Shareholder's funds are valued at 239.66 Cr, and total assets amount to 600.77 Cr.

As of 31st August, Enkei Wheels India Ltd has a market capitalization of 744.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest quarterly performance, the sum of Net Sales for the latest two quarters is 189.40 Cr. The sum of Net Profit for the same period is a loss of 0.00 Cr.<BR><BR>The reporting period for the balance sheet snapshot is December 2025. Shareholder's Funds are valued at 239.66 Cr, while Total Assets amount to 600.77 Cr.

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

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

The next results date for Enkei Wheels India Ltd is 06 August 2026.

The next results date for Enkei Wheels India Ltd is scheduled for 06 August 2026.

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.

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.

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.

Has Enkei Wheels declared dividend?

No Dividend History Available