Enkei Wheels

Market Cap: Micro Cap
Industry: Auto Components & Equipments
ISIN: INE130L01014
NSEID:
BSEID: 533477

INR

488.00

0.3 (0.06%)

BSENSE

Dec 19

BSE+NSE Vol: 982

{
  "main_header": {
    "sid": 979334,
    "name": "Enkei Wheels",
    "stock_name": "Enkei Wheels",
    "full_name": "Enkei Wheels India Ltd",
    "name_url": "stocks-analysis/enkei-wheels",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "488.00",
    "chg": 0.3,
    "chgp": "0.06%",
    "dir": 1,
    "prev_price": "487.70",
    "mcapval": "888.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 533477,
    "symbol": "",
    "ind_name": "Auto Components & Equipments",
    "ind_code": 13,
    "indexname": "",
    "isin": "INE130L01014",
    "curr_date": "Dec 19",
    "curr_time": "",
    "bse_nse_vol": "982 ",
    "exc_status": "Active",
    "traded_date": "Dec 19, 2025",
    "traded_date_str": "2025 12 19",
    "score": "",
    "scoreText": "",
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    "market_time": 0,
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  "news": {
    "results": [
      {
        "title": "Why is Enkei Wheels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-enkei-wheels-fallingrising-3759150",
        "imagepath": "",
        "date": "2025-12-16 00:49:46",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Comparison</strong></p>\n<p>Enkei Wheels has been under pressure over recent periods, with its one-week return at -1.26% contrasting with the Sensex's modest gain of 0.13%. The divergence widens over longer horizons, as the stock has declined by 4.11% in the past month while the Sensex rose by 0.77%. Year-to-date figures reveal a stark contrast, with Enkei Wheels down 26.84% against the Sensex's 9.05% gain. Over the last year, the stock has fallen 28.40%, whereas the benchmark index has advanced 3.75%. Even over three years, the stock lags significantly, down 18.13% compared to the Sensex's robust 37.89% growth. Despite this, the five-year performance remains positive, with Enkei Wheels up 101.35%, slightly outperforming the Sensex's 84.19% rise.</p>\n<p><stron..."
      },
      {
        "title": "Enkei Wheels Sees Revision in Market Assessment Amidst Challenging Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/enkei-wheels-downgraded-to-strong-sell-amid-weak-fundamentals-and-bearish-outlook-3737038",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/EnkeiWheels_mojoScore_3737038.png",
        "date": "2025-11-30 10:24:53",
        "description": "Enkei Wheels, a microcap player in the Auto Components & Equipments sector, has experienced a revision in its market evaluation reflecting shifts in its fundamental and technical outlook. This adjustment comes amid a backdrop of subdued financial performance and valuation concerns, prompting investors to reassess the stock’s position within the sector."
      },
      {
        "title": "Why is Enkei Wheels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-enkei-wheels-fallingrising-3677462",
        "imagepath": "",
        "date": "2025-11-06 23:14:56",
        "description": "As of 06-Nov, Enkei Wheels India Ltd's stock price is currently at 523.95, reflecting an increase of 46.05, or 9.64%. The stock has been gaining momentum, having risen 10.5% over the last two days and outperforming its sector by 11.14% today. It opened with a significant gap up of 10.8% and reached an intraday high of Rs 568, which is an increase of 18.85%. The stock's performance over the past week shows a gain of 7.33%, while its one-month return is 8.18%. However, it is important to note that the stock has a year-to-date decline of 22.40% and a one-year decline of 24.29%. The rising investor participation, indicated by a 55.96% increase in delivery volume, suggests growing interest in the stock, although there is no information available on positive or negative dashboard factors.\n\nBroader market context indicates that while Enkei Wheels has shown strong short-term performance, the benchmark Sensex has de..."
      },
      {
        "title": "How has been the historical performance of Enkei Wheels?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-enkei-wheels-3677272",
        "imagepath": "",
        "date": "2025-11-06 22:59:40",
        "description": "Answer:\nThe 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 ..."
      },
      {
        "title": "Are Enkei Wheels latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-enkei-wheels-latest-results-good-or-bad-3676448",
        "imagepath": "",
        "date": "2025-11-06 19:19:35",
        "description": "Enkei Wheels has reported its Q3 FY26 results, showcasing significant operational improvements across various financial metrics. The company achieved record net sales of ₹265.11 crores, marking a substantial increase compared to previous periods. This growth was complemented by a notable operating profit of ₹29.99 crores, resulting in an operating margin of 11.31%, which is the highest recorded in recent quarters. Additionally, the net profit reached ₹7.94 crores, indicating a remarkable turnaround in profitability.\n\nThe financial results reflect a strong operational performance driven by robust demand in both the two-wheeler and four-wheeler segments. The ability to maintain margin discipline amidst rising input costs demonstrates effective cost management and operational efficiency. However, while the quarterly performance is commendable, the company continues to face challenges related to valuation conce..."
      },
      {
        "title": "Enkei Wheels India Reports Strong Operational Efficiency Amid Rising Interest Expenses",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/enkei-wheels-indias-financial-trend-improves-from-negative-to-positive-with-record-sales-and-profits-3675652",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/EnkeiWheelsIndi_fintrenddot_3675652.png",
        "date": "2025-11-06 11:00:51",
        "description": "Enkei Wheels India has reported strong financial performance for the quarter ending September 2025, achieving its highest operating profit to interest ratio and significant net sales. Profitability indicators, including PBT and PAT, also showed strength. However, rising interest expenses may present future challenges. The company's stock has outperformed the Sensex over five years."
      },
      {
        "title": "Enkei Wheels India Q3 FY26: Strong Quarter Masks Deeper Valuation Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/enkei-wheels-india-q3-fy26-strong-quarter-masks-deeper-valuation-concerns-3676357",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/EnkeiWheelsIndi_quaterlyResult_3676357.png",
        "date": "2025-11-06 09:55:04",
        "description": "Enkei Wheels (India) Ltd., a leading manufacturer of aluminium alloy wheels for two-wheelers and four-wheelers, delivered its strongest quarterly performance in Q3 FY26 with net profit of ₹7.94 crores, marking a significant operational turnaround. However, the stock's 12.58% surge to ₹538.00 following the results has pushed valuations into expensive territory, raising concerns about sustainability despite the impressive near-term momentum."
      },
      {
        "title": "Is Enkei Wheels overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-enkei-wheels-overvalued-or-undervalued-3674249",
        "imagepath": "",
        "date": "2025-11-06 08:09:59",
        "description": "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.\n\nIn 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% compar..."
      },
      {
        "title": "Is Enkei Wheels overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-enkei-wheels-overvalued-or-undervalued-3672932",
        "imagepath": "",
        "date": "2025-11-05 08:09:10",
        "description": "As of 4 November 2025, the valuation grade for Enkei Wheels has moved from fair to expensive, indicating a shift in perception regarding its market value. The company appears to be overvalued at this time. Key ratios highlight this assessment, with a PE ratio of -59.22, an EV to EBITDA of 18.18, and a Price to Book Value of 3.66, which are significantly misaligned with industry standards.\n\nIn comparison to its peers, Enkei Wheels' valuation stands out unfavorably against companies like Samvardhana Motherson, which has a PE of 32.28 and an EV to EBITDA of 11.83, and Endurance Tech, with a PE of 47.98 and an EV to EBITDA of 24.61. This stark contrast suggests that Enkei Wheels is not only overvalued relative to its peers but also struggling with negative returns, having underperformed against the Sensex in various periods, particularly with a year-to-date return of -29.06% compared to the Sensex's 6.81%...."
      }
    ],
    "total": 149,
    "sid": "979334",
    "stock_news_url": "https://www.marketsmojo.com/news/enkei-wheels-india-979334"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "07-Nov-2025",
      "details": "Newspaper publication of Unaudited Financial Result for the quarter ended on 30th September 2025",
      "source": "BSE"
    },
    {
      "caption": "Results Financial Result For 30-09-2025",
      "datetime": "05-Nov-2025",
      "details": "please find the attached Financial Result for the Quarter and Nine Months ended on 30-09-2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Intimation for Considering The Unaudited Financial Result For The Quarter Ended On 30Th September 2025",
      "datetime": "27-Oct-2025",
      "details": "Enkei Wheels (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2025 inter alia to consider and approve unaudited Financial Result for the quarter ended on 30th September 2025",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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  ]
}

News and Views

Why is Enkei Wheels falling/rising?

2025-12-16 00:49:46

Recent Price Movement and Market Comparison

Enkei Wheels has been under pressure over recent periods, with its one-week return at -1.26% contrasting with the Sensex's modest gain of 0.13%. The divergence widens over longer horizons, as the stock has declined by 4.11% in the past month while the Sensex rose by 0.77%. Year-to-date figures reveal a stark contrast, with Enkei Wheels down 26.84% against the Sensex's 9.05% gain. Over the last year, the stock has fallen 28.40%, whereas the benchmark index has advanced 3.75%. Even over three years, the stock lags significantly, down 18.13% compared to the Sensex's robust 37.89% growth. Despite this, the five-year performance remains positive, with Enkei Wheels up 101.35%, slightly outperforming the Sensex's 84.19% rise.

Enkei Wheels Sees Revision in Market Assessment Amidst Challenging Fundamentals

2025-11-30 10:24:53

Enkei Wheels, a microcap player in the Auto Components & Equipments sector, has experienced a revision in its market evaluation reflecting shifts in its fundamental and technical outlook. This adjustment comes amid a backdrop of subdued financial performance and valuation concerns, prompting investors to reassess the stock’s position within the sector.

Why is Enkei Wheels falling/rising?

2025-11-06 23:14:56

As of 06-Nov, Enkei Wheels India Ltd's stock price is currently at 523.95, reflecting an increase of 46.05, or 9.64%. The stock has been gaining momentum, having risen 10.5% over the last two days and outperforming its sector by 11.14% today. It opened with a significant gap up of 10.8% and reached an intraday high of Rs 568, which is an increase of 18.85%. The stock's performance over the past week shows a gain of 7.33%, while its one-month return is 8.18%. However, it is important to note that the stock has a year-to-date decline of 22.40% and a one-year decline of 24.29%. The rising investor participation, indicated by a 55.96% increase in delivery volume, suggests growing interest in the stock, although there is no information available on positive or negative dashboard factors. Broader market context indicates that while Enkei Wheels has shown strong short-term performance, the benchmark Sensex has de...

How has been the historical performance of Enkei Wheels?

2025-11-06 22:59:40

Answer: 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 ...

Are Enkei Wheels latest results good or bad?

2025-11-06 19:19:35

Enkei Wheels has reported its Q3 FY26 results, showcasing significant operational improvements across various financial metrics. The company achieved record net sales of ₹265.11 crores, marking a substantial increase compared to previous periods. This growth was complemented by a notable operating profit of ₹29.99 crores, resulting in an operating margin of 11.31%, which is the highest recorded in recent quarters. Additionally, the net profit reached ₹7.94 crores, indicating a remarkable turnaround in profitability. The financial results reflect a strong operational performance driven by robust demand in both the two-wheeler and four-wheeler segments. The ability to maintain margin discipline amidst rising input costs demonstrates effective cost management and operational efficiency. However, while the quarterly performance is commendable, the company continues to face challenges related to valuation conce...

Enkei Wheels India Reports Strong Operational Efficiency Amid Rising Interest Expenses

2025-11-06 11:00:51

Enkei Wheels India has reported strong financial performance for the quarter ending September 2025, achieving its highest operating profit to interest ratio and significant net sales. Profitability indicators, including PBT and PAT, also showed strength. However, rising interest expenses may present future challenges. The company's stock has outperformed the Sensex over five years.

Enkei Wheels India Q3 FY26: Strong Quarter Masks Deeper Valuation Concerns

2025-11-06 09:55:04

Enkei Wheels (India) Ltd., a leading manufacturer of aluminium alloy wheels for two-wheelers and four-wheelers, delivered its strongest quarterly performance in Q3 FY26 with net profit of ₹7.94 crores, marking a significant operational turnaround. However, the stock's 12.58% surge to ₹538.00 following the results has pushed valuations into expensive territory, raising concerns about sustainability despite the impressive near-term momentum.

Is Enkei Wheels overvalued or undervalued?

2025-11-06 08:09:59

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. 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% compar...

Is Enkei Wheels overvalued or undervalued?

2025-11-05 08:09:10

As of 4 November 2025, the valuation grade for Enkei Wheels has moved from fair to expensive, indicating a shift in perception regarding its market value. The company appears to be overvalued at this time. Key ratios highlight this assessment, with a PE ratio of -59.22, an EV to EBITDA of 18.18, and a Price to Book Value of 3.66, which are significantly misaligned with industry standards. In comparison to its peers, Enkei Wheels' valuation stands out unfavorably against companies like Samvardhana Motherson, which has a PE of 32.28 and an EV to EBITDA of 11.83, and Endurance Tech, with a PE of 47.98 and an EV to EBITDA of 24.61. This stark contrast suggests that Enkei Wheels is not only overvalued relative to its peers but also struggling with negative returns, having underperformed against the Sensex in various periods, particularly with a year-to-date return of -29.06% compared to the Sensex's 6.81%....

View All News

Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication

07-Nov-2025 | Source : BSE

Newspaper publication of Unaudited Financial Result for the quarter ended on 30th September 2025

Results Financial Result For 30-09-2025

05-Nov-2025 | Source : BSE

please find the attached Financial Result for the Quarter and Nine Months ended on 30-09-2025

Board Meeting Intimation for Considering The Unaudited Financial Result For The Quarter Ended On 30Th September 2025

27-Oct-2025 | Source : BSE

Enkei Wheels (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2025 inter alia to consider and approve unaudited Financial Result for the quarter ended on 30th September 2025