On 6 Nov 2026, Enkei Wheels (India) was priced at ₹389.90, or 32.2× trailing earnings, against an industry P/E of 25.6×. Its ROCE of 7.5% is the lowest among the 7 largest Auto Parts peers, and sales and net profit grew 14% and 11% a year over 3 years. Debt is 1.23× equity. It is a small-cap company with a market cap of ₹701 Cr, ranked 82nd of 140 Auto Parts companies by market cap; the shares fell 6.6% over the past year.
- ₹384.00
- ₹393.00
- ₹370.00
- ₹381.85
- 4K
Health check
- ReturnsBehind
−6.6% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 32.2 vs industry 25.6.
- GrowthSteady
Sales +13.6%, profit +11.4% a year over 3 years.
- ProfitabilityWeak
ROCE 7.5% vs peer median 15.6%.
- Balance sheetStretched
Debt 1.23× equity, interest covered 1.3×, Piotroski 9 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹701 Cr
- Small cap
- P/E
- 32.2
- Industry 25.6
- Price to book
- 2.92
- Peers 8.75
- Dividend yield
- 0.00%
- ROE
- 9.1%
- Peers 12.3%
- ROCE
- 7.5%
- Peers 15.6%
- Debt to equity
- 1.23
- Debt ₹307 Cr
- EPS (TTM)
- ₹12.12
- Face value ₹5
- OPM (TTM)
- 9.5%
- Net margin 1.9%
- Sales growth
- +36.8%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.62
- EV/EBITDA 9.1
Strengths and risks
Strengths
- Quarterly sales up 36.8% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Enkei Wheels (India)
Enkei Wheels (India) Limited manufactures and sells aluminium alloy casting wheels for two-wheelers and four-wheelers in India. Its products are used in the automobile industry. The company also exports its products. Enkei Wheels (India) Limited was incorporated in 2009 and is based in Pune, India.
- Headquarters
- Pune
- Employees
- 565
- Sector
- Consumer Cyclical
- ISIN
- INE130L01014
- Website
- enkei.in
Price range
- Avg volume (3M)
- 7.1K
- 1-year return
- minus 6.6%
- From 52-week high
- minus 8.3%
Peers · Auto Parts
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTHERSONSamvardhana Motherson International | 158.55 | minus 5.62% | 1,68,549 | 35.4 | 3.70 | 11.5% | 10.2% | 9.6% | 17.1% | 37.2% | 0.30% | plus 60.8% |
| BOSCHLTDBosch | 50,700.00 | minus 3.38% | 1,49,545 | 63.3 | 10.07 | 24.2% | 19.4% | 13.4% | 10.3% | 24.8% | 0.51% | plus 38.6% |
| UNOMINDAUNO Minda | 1,326.00 | minus 0.67% | 76,572 | 58.1 | 11.21 | 20.5% | 19.1% | 11.0% | 20.5% | 22.3% | 0.22% | plus 6.6% |
| SONACOMSSona BLW Precision Forgings | 900.00 | minus 1.67% | 56,266 | 75.0 | 8.75 | 13.2% | 11.9% | 23.2% | 18.8% | 17.4% | 0.39% | plus 89.2% |
| SCHAEFFLERSchaeffler India | 3,519.70 | minus 1.17% | 55,014 | 41.9 | 8.97 | 25.7% | 20.2% | 17.9% | 12.3% | 9.4% | 0.98% | minus 13.9% |
| MRFMRF | 1,25,295.00 | minus 0.50% | 53,139 | 22.0 | 2.53 | 15.6% | 12.3% | 15.1% | 10.6% | 46.7% | 0.19% | minus 20.3% |
| BALKRISINDBalkrishna Industries | 2,410.00 | plus 0.34% | 46,589 | 32.7 | 4.25 | 13.8% | 11.6% | 21.3% | 3.6% | 5.5% | 0.71% | plus 1.6% |
| ENKEIWHELEnkei Wheels (India) | 389.90 | plus 2.11% | 701 | 32.2 | 2.92 | 7.5% | 9.1% | 9.5% | 13.6% | 11.4% | 0.00% | minus 6.6% |
| Median of 7 peers | – | −1.17% | 56,266 | 41.9 | 8.75 | 15.6% | 12.3% | 15.1% | 12.3% | 22.3% | 0.39% | 6.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 233 | 265 | 245 | 299 | 319 | |
| 216 | 235 | 221 | 280 | 285 | |
| 16.9 | 30 | 24.6 | 18.8 | 34.2 | |
| 7.2% | 11.3% | 10.0% | 6.3% | 10.7% | |
| 2.1 | 0.4 | 5 | 0.2 | 0.2 | |
| 6.1 | 5 | 4.9 | 4.9 | 5.8 | |
| 14.5 | 14.9 | 14.9 | 14.6 | 14.8 | |
| – | – | −4.6 | −0.1 | – | |
| −1.7 | 10.4 | 5.3 | −0.6 | 13.9 | |
| – | 23.6% | 20.0% | −6.2% | 26.0% | |
| −1.7 | 7.9 | 4.2 | −0.6 | 10.2 | |
| -0.95 | 4.42 | 2.34 | -0.34 | 5.70 |
Profit & loss
- Sales CAGR 3Y
- +13.6%
- Profit CAGR 3Y
- +11.4%
- EPS CAGR 3Y
- +11.6%
- ROE
- 9.1%
| ₹ Cr | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| 654 | 707 | 832 | 959 | |
| – | +8.1% | +17.7% | +15.3% | |
| 607 | 645 | 770 | 870 | |
| 46.3 | 61.6 | 61.9 | 89.4 | |
| 7.1% | 8.7% | 7.4% | 9.3% | |
| 7.6 | 7.2 | 5.2 | 1.8 | |
| 15.2 | 10.6 | 13.7 | 20.5 | |
| 28.4 | 41.5 | 50.9 | 57.7 | |
| −0.7 | −0.7 | −0.3 | −6.2 | |
| 9.6 | 16.1 | 2.2 | 6.7 | |
| 61.2% | 27.1% | −19.1% | 23.6% | |
| 3.7 | 11.7 | 2.7 | 5.1 | |
| – | +215.1% | minus 77.3% | +93.3% | |
| 2.06 | 6.51 | 1.48 | 2.86 |
Forecast
Balance sheet
| ₹ Cr | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| 9 | 9 | 9 | 9 | |
| 212 | 224 | 226 | 231 | |
| 162 | 167 | 206 | 210 | |
| 110 | 134 | 122 | 155 | |
| 494 | 534 | 564 | 605 | |
| 334 | 350 | 357 | 325 | |
| 103 | 6 | 43.1 | 1.3 | |
| 6.6 | 10.8 | 5.7 | 0.6 | |
| 49.4 | 167 | 158 | 279 | |
| 494 | 534 | 564 | 605 |
Cash flow
| ₹ Cr | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| 48.8 | 58.5 | 28 | 43.7 | |
| −42 | −55.8 | −62.8 | −33.5 | |
| −32.9 | 1.5 | 29.7 | −15.4 | |
| −26 | 4.2 | −5.1 | −5.2 | |
| −43.1 | −57.2 | −66.2 | −28.2 | |
| 5.7 | 1.3 | −38.2 | 15.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.