Enkei Wheels (India) Ltd.

•

enkei.inBSE: -NSE: ENKEIWHEL

Market Cap₹ 704 Cr.

Current Price

High / Low₹ 425 / 378

Stock P/E32.3

Book Value₹ 139

Price to Book2.87

Dividend Yield0.00 %

ROCE9.9 %

ROE12.1 %

Face Value₹ 5

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ABOUT

AI Sector View

AI GENERATED

Automobile and Auto Components

Buy

Domestic auto demand remains strong across categories, with total vehicles registered up 27% YoY (2026-07), passenger vehicle sales up 14% YoY (2026-06), 2-wheelers up 23% YoY (2026-06), and tractor sales up 18% YoY (2026-07). Core demand is reinforced by vehicle sales of 395199 units (Jul/26) and car registrations of 457810 units (Jul/26), outweighing FPI outflows of INR -11826 crore over 3 months to 2026-08-31. The stance stays positive because fundamentals are stronger than positioning.

Confidence

74%

View full sector analysis →

PROS

Latest quarter profit grew 699.2% YoY, showing strong momentum
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.11x)
Working capital cycle has improved - days down from 29 to 19
Company converts assets efficiently - asset turnover of 1.6x

CONS

Equity base is being diluted - shares outstanding up 14.8%
Free cash flow has been persistently negative
Recurring exceptional / one-off items are inflating headline profit
Operating margins have contracted to 5.5% from 9.2%
Inventory has been piling up - inventory days up from 14 to 29

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Automobile and Auto ComponentsAutomobile & AncillariesAuto Ancillary

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	MOTHERSON	164.00	39.52	173092.86	0.37	1075.66	77.48	35243.77	17.70	13.63	8.86
2.	BOSCHLTD	48602.60	60.66	143358.71	0.56	706.10	-36.74	5841.90	22.00	25.60	14.08
3.	UNOMINDA	1223.50	58.77	70653.11	0.22	315.51	2.10	5556.85	23.79	20.74	11.14
4.	TIINDIA	2650.00	84.58	51296.66	0.13	293.96	-3.04	6215.33	20.20	27.33	8.81
5.	SONACOMS	803.10	72.02	50123.75	0.42	178.51	46.67	1301.20	52.38	14.75	22.55
6.	ENDURANCE	2716.60	39.40	38212.47	0.42	244.52	8.03	4314.89	30.01	18.33	12.42
7.	CRAFTSMAN	11852.65	66.68	30999.93	0.09	150.55	116.31	2431.58	36.30	14.65	15.81
8.	ZFCVINDIA	2528.05	57.63	28770.60	0.03	1044.78	753.75	10661.76	992.89	20.23	12.93
9.	SANSERA	4107.40	73.56	25631.64	0.10	87.36	38.71	1021.26	33.27	14.29	19.18
10.	MSUMI	36.32	38.39	24086.20	1.60	1453.20	915.51	34072.60	1266.17	43.72	7.58
11.	GABRIEL	1340.50	79.82	23757.68	0.37	1081.26	925.35	14256.83	1055.00	26.37	11.71
12.	ENKEIWHEL	391.90	32.34	704.44	0.00	10.25	699.24	319.03	36.83	9.88	10.73

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	177	207	200	222	189	239	195	228	233	265	245	299	319
	163	182	179	199	181	229	187	217	216	235	221	280	305
Operating Profit	14	24	21	23	8	10	8	11	17	30	25	19	14
OPM %	7.78%	11.75%	10.48%	10.27%	4.32%	4.14%	4.02%	4.90%	7.23%	11.31%	10.01%	6.28%	4.28%
	9	-0	-5	7	6	1	5	0	2	0	0	0	0
Interest	3	3	3	3	3	4	4	5	6	5	5	5	6
Depreciation	8	12	12	12	13	13	13	13	15	15	15	15	15
Profit before Tax	12	9	1	14	-2	-6	-4	-7	-2	10	5	-1	14
Tax %	34.79%	36.36%	-127.96%	37.31%	159.55%	24.38%	19.78%	26.49%	-0.00%	23.58%	19.96%	6.15%	26.04%
Net Profit	8	6	2	9	1	-5	-3	-5	-2	8	4	-1	10
	4.47	3.31	1.17	4.93	0.73	-2.54	-1.65	-2.95	-0.95	4.42	2.34	-0.34	5.70

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	TTM
	239	279	287	320	384	385	407	465	474	1,129
	220	265	269	305	346	346	373	423	450	1,042
Operating Profit	19	14	18	16	38	40	33	42	25	87
OPM %	7.95%	5.03%	6.38%	4.84%	9.90%	10.29%	8.23%	8.97%	5.23%	7.71%
	3	0	10	12	0	-12	0	6	15	1
Interest	8	5	6	9	8	5	5	5	5	21
Depreciation	14	15	16	18	28	26	22	23	21	59
Profit before Tax	0	-5	6	1	2	-3	7	19	14	29
Tax %	0.55%	-1.78%	23.67%	20.01%	-20.51%	-91.30%	63.91%	44.23%	6.87%	24.49%
Net Profit	0	-5	4	1	2	-5	3	11	13	22
EPS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 8%
3 Years:: 7%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: 89%
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: 1%
3 Years:: 14%
Last Year:: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
	6	6	6	6	6	7	7	7	8	8
	-5	-6	-2	6	6	12	-5	36	73	121
	88	209	235	245	234	186	171	140	120	125
Trade Payables	3	30	56	64	50	66	58	37	39	40
	112	19	16	32	21	13	8	14	33	32
Total Liabilities	203	258	311	353	318	283	239	234	272	326
	132	156	162	158	181	164	131	129	127	126
Capital Work in Progress	3	4	8	25	0	0	0	0	2	55
	10	15	18	22	10	18	19	14	23	52
	0	0	0	0	0	0	0	0	0	0
Cash & Bank	22	29	61	49	27	8	8	7	10	20
	36	54	63	99	100	93	81	84	111	73
Total Assets	203	258	311	353	318	283	239	234	272	326

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
	32	43	27	20	26	13	24	37	45
Cash from Investing	-41	-27	-31	-14	-11	-6	-20	-44	-71
Cash from Financing	15	16	-7	-25	-34	-8	3	20	42
	7	32	-12	-22	-18	-1	-0	2	11

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.97
	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.01
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	25.02	25.02	25.02	25.02	25.02	25.02	25.02	25.02	25.02

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for ENKEIWHEL

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AI Stock Analyst

Enkei Wheels (India) Ltd.

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Name

MOTHERSON

164.00

39.52

173092.86

0.37

1075.66

77.48

35243.77

17.70

13.63

8.86

BOSCHLTD

48602.60

60.66

143358.71

0.56

706.10

-36.74

5841.90

22.00

25.60

14.08

UNOMINDA

1223.50

58.77

70653.11

0.22

315.51

2.10

5556.85

23.79

20.74

11.14

TIINDIA

2650.00

84.58

51296.66

0.13

293.96

-3.04

6215.33

20.20

27.33

8.81

SONACOMS

803.10

72.02

50123.75

0.42

178.51

46.67

1301.20

52.38

14.75

22.55

ENDURANCE

2716.60

39.40

38212.47

0.42

244.52

8.03

4314.89

30.01

18.33

12.42

CRAFTSMAN

11852.65

66.68

30999.93

0.09

150.55

116.31

2431.58

36.30

14.65

15.81

ZFCVINDIA

2528.05

57.63

28770.60

0.03

1044.78

753.75

10661.76

992.89

20.23

12.93

SANSERA

4107.40

73.56

25631.64

0.10

87.36

38.71

1021.26

33.27

14.29

19.18

MSUMI

36.32

38.39

24086.20

1.60

1453.20

915.51

34072.60

1266.17

43.72

7.58

GABRIEL

1340.50

79.82

23757.68

0.37

1081.26

925.35

14256.83

1055.00

26.37

11.71

ENKEIWHEL

391.90

32.34

704.44

0.00

10.25

699.24

319.03

36.83

9.88

10.73

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

177

207

200

222

189

239

195

228

233

265

245

299

319

163

182

179

199

181

229

187

217

216

235

221

280

305

Operating Profit

OPM %

7.78%

11.75%

10.48%

10.27%

4.32%

4.14%

4.02%

4.90%

7.23%

11.31%

10.01%

6.28%

4.28%

-0

-5

Interest

Depreciation

Profit before Tax

-2

-6

-4

-7

-2

-1

Tax %

34.79%

36.36%

-127.96%

37.31%

159.55%

24.38%

19.78%

26.49%

-0.00%

23.58%

19.96%

6.15%

26.04%

Net Profit

-5

-3

-5

-2

-1

4.47

3.31

1.17

4.93

0.73

-2.54

-1.65

-2.95

-0.95

4.42

2.34

-0.34

5.70

Mar 2011

Mar 2012

Mar 2013

Mar 2014

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

TTM

239

279

287

320

384

385

407

465

474

1,129

220

265

269

305

346

373

423

450

1,042

Operating Profit

OPM %

7.95%

5.03%

6.38%

4.84%

9.90%

10.29%

8.23%

8.97%

5.23%

7.71%

-12

Interest

Depreciation

Profit before Tax

-5

-3

Tax %

0.55%

-1.78%

23.67%

20.01%

-20.51%

-91.30%

63.91%

44.23%

6.87%

24.49%

Net Profit

-5

EPS

0.00

—

Dividend Payout %

0.00%

—

Mar 2010

Mar 2011

Mar 2012

Mar 2013

Mar 2014

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

-5

-6

-2

-5

121

209

235

245

234

186

171

140

120

125

Trade Payables

112

Total Liabilities

203

258

311

353

318

283

239

234

272

326

132

156

162

158

181

164

131

129

127

126

Capital Work in Progress

Cash & Bank

100

111

Total Assets

203

258

311

353

318

283

239

234

272

326

Mar 2011

Mar 2012

Mar 2013

Mar 2014

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Cash from Investing

-41

-27

-31

-14

-11

-6

-20

-44

-71

Cash from Financing

-7

-25

-34

-8

-12

-22

-18

-1

-0

Mar 2011

Mar 2012

Mar 2013

Mar 2014

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

74.97

0.02

0.01

DIIs

0.00

Government

0.00

25.02

Enkei Wheels (India) Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

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Enkei Wheels (India) Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI