Enkei Wheels (India) Limited

Enkei Wheels (India) Limited

392.00
INR
+13.55
(+3.58%)
12.10EPS
30.64P/E
6.69BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
250.88
291.68
283.85
284.71
302.11
291
155.76
133.24
247.42
363.7
393.14
462.65
533.58
629.05
Basic EPS, GAAP
0.42
1.76
-4.03
1.91
7.11
7.91
1.61
-17.96
9.06
2.06
6.51
1.48
2.86
12.14
Free Cash Flow per Basic Share
2.3
11.83
-1.12
11.59
16.75
-22.26
-41.36
-28.32
-3.97
3.16
0.73
-21.26
8.62
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
12.57
13.64
11.18
29.11
52.31
79.57
107.29
106.09
115.51
123.08
129.76
130.98
133.33
138.97
Tangible Book Value per Share
12.49
13.64
11.18
29.11
52.31
79.57
107.29
106.09
115.51
123.08
129.76
130.98
133.33
138.97
Basic Weighted Avg Shares
13
13
14
14
15
16
17
17
18
18
18
18
18
18
Sales/Revenue/Turnover
3,200
3,779
3,855
4,067
4,583
4,685
2,632
2,326
4,446
6,537
7,067
8,316
9,591
11,286
Operating Margin (%)
3.58
3.71
5.84
4.2
5.03
2.72
-4.03
-8.62
4.24
2.75
2.84
1.33
3.3
4.29
Depreciation Expense
178
282
256
217
233
213
178
218
191
284
415
509
577
592
Net Income, GAAP
5
23
-55
27
108
127
27
-314
163
37
117
27
51
218
Effective Tax Rate (%)
20.01
- -
- -
63.19
44.23
6.88
47.02
- -
6.87
61.23
27.14
- -
23.65
24.78
Profit Margin (%)
0.17
0.6
-1.42
0.67
2.35
2.72
1.04
-13.48
3.66
0.57
1.65
0.32
0.54
1.93
Working Capital
182
25
227
410
375
249
289
180
39
23
82
172
258
910
LT Debt
864
625
626
614
522
523
1,056
1,322
1,118
1,052
1,129
1,218
935
1,242
Total Equity
160
183
158
433
806
1,291
1,832
1,907
2,076
2,212
2,332
2,354
2,397
2,498
Return on Invested Capital (%)
0.36
- -
- -
5.79
11.44
13.25
3.92
- -
4.44
1.73
3.8
- -
4.61
6.35
Return on Capital (%)
6.26
- -
- -
3.37
10.29
9.53
1.78
- -
5.45
2.47
4.95
- -
4.66
7.2
Return on Common Equity (%)
3.76
13.29
-32.07
9.24
17.4
12.14
1.75
-16.77
8.17
1.73
5.15
1.13
2.16
9.12

Capital Structure

INR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,166
- -
1,830
LT Borrowings
935
- -
1,242
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
8,783
6,482
6,687

Working Capital

INR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,659
- -
3,498
Cash, Cash Equivalents & STI
81
- -
319
Accounts Receivable, Net
1,236
- -
1,822
Inventories
1,142
- -
1,051
Total Current Liabilities
2,402
- -
2,588
Payables & Accruals
- -
- -
- -
ST Debt
1,166
- -
1,830
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.99%
4.72%
1.8%
Free Cash Flow
-482.09%
-702.25%
-140.53%
Net Income, GAAP
-116.46%
0.41%
93.3%
Sales/Revenue/Turnover
14.43%
35.86%
15.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,216
1,890
2,386
1,952
8,316
2025
2,280
2,332
2,651
2,454
9,591
2026
2,991
3,190
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.93
0.73
-2.54
-1.65
1.48
2025
-2.95
-0.95
4.42
2.34
2.86
2026
-0.34
5.7
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hama Kenjiro
Full Time Employees
565
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Gat No. 1425 Pune MA India 412208
IPO Date
Jul 8, 2011
Website
enkei.in
Business
Enkei Wheels (India) Limited manufactures and sells aluminum alloy casting wheels for two-wheelers and four-wheelers in the automotive sector. The company, a subsidiary of Japan's Enkei Corporation, produces casting, flow-formed, and forged wheels in diverse sizes, finishes, and designs primarily for the original equipment manufacturer market; its manufacturing facility in Pune, Maharashtra, supports a production capacity of approximately 120,000 two-wheeler wheels and 110,000 four-wheeler wheels per month, with warehouses in Rajasthan, Gujarat, and Karnataka. Incorporated in 2009 and headquartered at Gat No. 1425, Shikrapur, Taluka Shirur, Pune, the company operates within India and exports products internationally as part of the global Enkei Group, which supplies leading automakers across Asia, North America, Europe, and Latin America. The company serves major two-wheeler and four-wheeler original equipment manufacturers in India, focusing on lightweight aluminum alloy wheels that enhance vehicle performance in passenger cars, motorcycles, and commercial vehicles. In a significant strategic development, Enkei Wheels (India) Limited signed a joint venture agreement with Nikkei MC Aluminium Co. Ltd. and Enkei Corporation of Japan, alongside Century Metal Recycling Limited of India, to establish a new private limited company focused on manufacturing, processing, importing, exporting, and selling primary and secondary aluminum alloys in molten and ingot forms, along with metal scrap recycling; this move expands its operations into aluminum supply chain integration. The company continues to report steady revenue growth, with sales reaching INR 8.44 billion in fiscal 2024, reflecting compounded sales growth of 26% over five years amid expansions in capacity and market demand. Recent financial results for quarters ended September 2025 show ongoing operational activities, including compliance filings and management appointments such as General Manager, Finance in September 2024.