MarketFriction

Enkei Wheels India Ltd

NSE ENKEIWHEL · BSE 533477 · Auto Components & Equipments
₹392.60 -1.00%
NSE close2026-10-01
52 week range372.00 - 425.00
Market cap₹714 Cr.
P/E28.0
Price band 20% Delivery 96.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales207200222189239195228233265245299319
Expenses182179199181216187217216235221280285
Operating Profit2421238228111730251934
OPM %12%10%10%4.3%9%4.0%4.9%7%11%10%6%11%
Other Income-0-576-125020000
Interest333344565556
Depreciation121212131313131515151515
Profit before tax9114-2-6-4-7-2105-114
Tax %36%-128%37%-160%-24%-20%-26%0%24%20%-6%26%
Net Profit6291-5-3-5-284-110
EPS in Rs3.311.174.930.73-2.54-1.65-2.95-0.954.422.34-0.345.70
Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019 9mDec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025TTM
Sales3854074654742672354516637168449721,129
Expenses3463734234502702354136176557838821,021
Operating Profit40344225-403846616289108
OPM %10%8%9%5%-1.3%0.2%8%7%9%7%9%10%
Other Income-1206153212886-21
Interest555551331611152321
Depreciation262223211822192842515859
Profit before tax-3719145-331710162729
Tax %91%63%44%7%47%-4%7%61%27%-19%24%
Net Profit-5311133-31164123522
EPS in Rs-3.871.846.997.851.60-17.459.062.066.511.482.8512.12
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%33%14%26%
Compounded Profit Growth16%18%35%275%
Stock Price CAGR9%2%-13%-18%
Return on Equity0%4%3%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Equity Capital777889999999
Reserves12-53673121175182199212224226231
Borrowings8879697386152184187162167206210
Other Liabilities177158123121115877894110134122155
Total Liabilities283239236275330423452488494534564605
Fixed Assets164131129127126140122110231344314323
CWIP0002551011892181002431
Investments000000033434
Other Assets119108107147148182142158159183204277
Total Assets283239236275330423452488494534564605
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash from Operating Activity26131725396162849592844
Cash from Investing Activity-11-6-20-44-71-89-64-37-42-56-63-34
Cash from Financing Activity-34-8320421043712-33230-15
Net Cash Flow-18-1-021121-113-264-5-5
Free Cash Flow157-4-19-36-70-49-762-3616
CFO/OP70%33%70%88%180%-213%3,834%68%118%102%48%49%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Debtor Days546158563429445731434046
Inventory Days31332233721831685667565772
Days Payable113102615556871005158744964
Cash Conversion Cycle-28-81934491261136240264954
Working Capital Days-61430224-17-18-23-3-257
ROCE %8%15%12%14%3%-9%-6%6%7%7%4%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%
FIIs0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.01%
Public25.02%25.02%25.01%25.02%25.01%25.02%25.01%25.01%25.01%25.01%25.00%25.01%
No. of Shareholders3,7663,7103,9114,5264,1614,0283,9513,9193,8773,8333,7993,730

Fundamentals

Market Cap₹ 714 Cr.
Current Price₹ 398
Stock P/E28.0
Book Value₹ 133
ROCE7.66 %
ROE4.13 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)26%
Compounded Profit Growth (TTM)275%
Standalone figures.
Valuation
Market capRs 706 Cr
Enterprise valueRs 908 Cr
P/E (TTM)32.39x
Price to book2.94x
Price to sales0.63x
EV / EBITDA8.36x
EV / EBIT18.37x
EV / sales0.80x
Price to cash flow16.15x
Earnings yield3.09%
P/E, 3-year average238.99x
P/B, 3-year average4.44x
P/E, 5-year average207.00x
P/B, 5-year average4.19x
Profitability
Operating margin (excl. other income)9.20%
Operating margin (incl. other income)8.96%
EBITDA margin9.62%
Pre-tax margin2.56%
Net profit margin1.93%
Net margin, latest quarter3.21%
ROE2.16%
ROCE6.57%
ROA0.88%
ROE, 3-year average2.81%
ROCE, 3-year average5.86%
ROA, 3-year average1.21%
ROE, 5-year average3.67%
ROCE, 5-year average5.90%
ROA, 5-year average1.57%
ROIC (approx.)8.54%
Tax rate23.63%
Other income / net worth-0.96%
Growth
Sales growth (latest year)15.06%
Profit growth (latest year)92.86%
Sales CAGR, 3 years13.56%
Sales CAGR, 5 years32.80%
Profit CAGR, 3 years11.41%
Sales growth QoQ6.68%
Sales growth YoY (latest quarter)36.83%
Per share
EPS (TTM)Rs 12.12
EPS (latest year)Rs 2.85
EPS (latest quarter)Rs 5.70
EPS, 3-year averageRs 3.61
EPS, 5-year averageRs 4.39
Book value per shareRs 133.34
Sales per shareRs 627.86
Cash flow per shareRs 24.31
Free cash flow per shareRs 8.90
Efficiency
Asset turnover1.61x
Fixed asset turnover3.01x
Inventory turnover6.78x
Inventory days54 days
Debtor days46 days
Debtors turnover7.86x
Creditor days64 days
Cash conversion cycle54 days
Working capital days7 days
Leverage
Total debtRs 210 Cr
Cash and bankRs 7 Cr
Net debtRs 203 Cr
Debt to equity0.88x
Net debt / EBITDA1.86x
Interest coverage2.40x
Owners' fund to total sources39.61%
Debt to assets34.72%
Cash flow
Cash from Operating Activity (latest year)Rs 44 Cr
Cash from Investing Activity (latest year)Rs -34 Cr
Cash from Financing Activity (latest year)Rs -15 Cr
Net Cash Flow (latest year)Rs -5 Cr
Free cash flow (latest year)Rs 16 Cr
FCFE (approx.: FCF + change in debt)Rs 20 Cr
Cash from ops / profit, 5 years5.20x
Sales to cash flow22.23x
Statement figures
Net sales (TTM)Rs 1,129 Cr
Net sales (latest year)Rs 972 Cr
Sales (latest quarter)Rs 319 Cr
Operating profit excl. other income (latest year)Rs 89 Cr
Operating profit (latest quarter)Rs 34 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 109 Cr
PBDT (TTM)Rs 88 Cr
Profit before tax (TTM)Rs 29 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 22 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs 10 Cr
Depreciation (TTM)Rs 59 Cr
Depreciation (latest quarter)Rs 15 Cr
Interest (TTM)Rs 21 Cr
Cost of goods sold (latest year)Rs 775 Cr
Total expenditure (latest year)Rs 882 Cr
Total income (latest year)Rs 969 Cr
Share capitalRs 9 Cr
ReservesRs 231 Cr
Shareholders' fundsRs 240 Cr
Total assetsRs 605 Cr
Net blockRs 323 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 4 Cr
ReceivablesRs 124 Cr
InventoryRs 114 Cr
Other liabilitiesRs 155 Cr
Shares outstanding (crore)1.80
Ownership
Promoter holding74.97% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 32.4 is the lowest in its own 7.7-year history (median 103.7, low 32.4, high 365.6).
P/B 2.94 is at the 14th percentile (median 4.11).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodENKEIWHELNifty 50Difference
1 week+1.8%-2.8% +4.6 pts
1 month-1.8%-6.8% +4.9 pts
3 years-34.1%+14.2% -48.3 pts
5 years+10.3%+27.9% -17.6 pts

Red flags

F-score 8 of 8
explainLow interest cover Interest cover 1.3x in 2025
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹319 Cr +36.9% vs Jun 2025. Net profit ₹10 Cr +600.0%.
Against our estimate for Jun 2026: sales +6.6%, profit +415.0% beat. Our estimate for Sep 2026: sales Rs 355 Cr, profit Rs 8 Cr (how).

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Enkei Wheels India Ltd?

Enkei Wheels India Ltd (ENKEIWHEL) has a market capitalisation of Rs 714 Cr. at the 2026-10-01 close.

What is the P/E ratio of Enkei Wheels India Ltd?

Enkei Wheels India Ltd trades at a P/E of 28.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Enkei Wheels India Ltd's latest quarterly results?

In the Jun 2026 quarter, Enkei Wheels India Ltd sales was Rs 319 Cr (+36.9% vs Jun 2025) and net profit was Rs 10 Cr.

What is the 52-week high and low of Enkei Wheels India Ltd?

The 52-week high is Rs 425.00 and the 52-week low is Rs 372.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03