Enkei Wheels

BSE: ENKEIWHEL · Auto Components & Equipments

52W Range₹319 ₹568

Snapshot

Unlock Enkei Wheels's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Enkei Wheels (India) Ltd. is a manufacturer specialising in the production and sale of aluminium alloy wheels. The company serves both the two-wheeler and four-wheeler automotive segments.

Business Model

The company generates revenue through the manufacturing and supply of alloy wheels to automotive original equipment manufacturers (OEMs). Its business model relies on high-volume production capabilities and technical expertise in aluminium casting.

Growth Outlook

Growth is primarily driven by the increasing penetration of alloy wheels in the Indian automotive market and rising demand for premium vehicle segments. The company aims to leverage its manufacturing infrastructure to meet evolving OEM requirements.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the prices of aluminium, a primary raw material, can significantly impact the company's operating margins.
  • Cyclicality of Automotive Industry. The company's performance is highly dependent on the cyclical demand patterns of the Indian automotive sector.
  • Customer Concentration. Heavy reliance on a limited number of automotive OEM clients poses a risk if those manufacturers experience reduced production volumes.
  • Technological Obsolescence. Failure to keep pace with changing design trends or manufacturing technologies in the alloy wheel industry could erode market share.

Price

Start your research today

Unlock AI insights, financials, peers and live data on Enkei Wheels and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹1,043 Cr

TTM · standalone

+21.1%YoY

NET PROFIT

₹14 Cr

TTM · standalone

+1672.8%YoY

EPS

₹8.05

TTM · standalone

+1678.4%YoY

RETURN ON EQUITY

6.1%

TTM · standalone

+6.5 ppYoY

RETURN ON CAPITAL EMPLOYED

10.3%

TTM · standalone

+7.3 ppYoY

P/E

45.0x

Q4 FY26 · standalone

45.0 vs -39.0x5Y avg

EV/EBITDA

8.4x

Q4 FY26 · standalone

8.4 vs 14.5x5Y avg

EBITDA MARGIN

9.8%

TTM · standalone

+2.5 ppYoY

NET PROFIT MARGIN

0.2%

Q4 FY26 · standalone

-2.1 ppYoY

DEBT TO EQUITY

0.9x

Q4 FY26 · standalone

+0.00xYoY

Peers · Auto Components & Equipments

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Enkei WheelsENKEIWHEL
70945.048.4221.1%9.8%6.1%10.3%-30.5%
ISTISTLTD
7234.203.24176.0%11.3%13.5%-32.6%
Munjal Auto IndsMUNJALAU
72126.638.2211.1%6.9%10.7%14.5%+34.1%
Automotive StampASAL
64430.4614.8814.9%6.8%177.5%55.6%-9.7%
Pradeep MetalsPRADPME
63629.8616.968.4%16.9%24.9%28.0%+51.1%
Menon BearingsMENONBE
62427.8816.8822.8%22.2%23.1%28.8%+50.3%

As of Q4 FY26

Financials