Enkei Wheels India Ltd
₹ 502
1.42%
23 May
- close price
About
Incorporated in 2009, Enkei Wheels
India Ltd manufactures aluminium
alloy casting wheels[1]
Key Points
- Market Cap ₹ 902 Cr.
- Current Price ₹ 502
- High / Low ₹ 760 / 480
- Stock P/E
- Book Value ₹ 131
- Dividend Yield 0.00 %
- ROCE 3.94 %
- ROE 1.06 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 3.83 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.68% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Dec 2019 9m | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
320 | 384 | 385 | 407 | 465 | 474 | 267 | 235 | 451 | 663 | 716 | 844 | 861 | |
299 | 346 | 346 | 373 | 423 | 450 | 270 | 235 | 413 | 617 | 655 | 783 | 807 | |
Operating Profit | 21 | 38 | 40 | 34 | 42 | 25 | -4 | 0 | 38 | 46 | 61 | 62 | 54 |
OPM % | 7% | 10% | 10% | 8% | 9% | 5% | -1% | 0% | 8% | 7% | 9% | 7% | 6% |
6 | 0 | -12 | 0 | 6 | 15 | 32 | 1 | 2 | 8 | 8 | 6 | -6 | |
Interest | 9 | 8 | 5 | 5 | 5 | 5 | 5 | 13 | 3 | 16 | 11 | 15 | 16 |
Depreciation | 18 | 28 | 26 | 22 | 23 | 21 | 18 | 22 | 19 | 28 | 42 | 51 | 52 |
Profit before tax | 1 | 2 | -3 | 7 | 19 | 14 | 5 | -33 | 17 | 10 | 16 | 2 | -19 |
Tax % | 20% | -21% | 91% | 63% | 44% | 7% | 47% | -4% | 7% | 61% | 27% | -19% | |
1 | 2 | -5 | 3 | 11 | 13 | 3 | -31 | 16 | 4 | 12 | 3 | -12 | |
EPS in Rs | 0.42 | 1.70 | -3.87 | 1.84 | 6.99 | 7.85 | 1.60 | -17.45 | 9.06 | 2.06 | 6.51 | 1.48 | -6.41 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 26% |
3 Years: | 23% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 16% |
3 Years: | -47% |
TTM: | -146% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 22% |
3 Years: | 8% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 3% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 7 | 7 | 7 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 10 | 12 | -5 | 36 | 73 | 121 | 175 | 182 | 199 | 212 | 224 | 226 |
121 | 88 | 79 | 69 | 73 | 86 | 152 | 184 | 187 | 162 | 167 | 206 | |
180 | 177 | 158 | 123 | 121 | 115 | 87 | 78 | 94 | 110 | 134 | 122 | |
Total Liabilities | 318 | 283 | 239 | 236 | 275 | 330 | 423 | 452 | 488 | 494 | 534 | 564 |
181 | 164 | 131 | 129 | 127 | 126 | 140 | 122 | 110 | 231 | 344 | 314 | |
CWIP | -0 | -0 | -0 | -0 | 2 | 55 | 101 | 189 | 218 | 100 | 2 | 43 |
Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 3 | 3 | 4 | 3 |
136 | 119 | 108 | 107 | 147 | 148 | 182 | 142 | 158 | 159 | 183 | 204 | |
Total Assets | 318 | 283 | 239 | 236 | 275 | 330 | 423 | 452 | 488 | 494 | 534 | 564 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
18 | 26 | 13 | 17 | 25 | 39 | 6 | 16 | 28 | 49 | 59 | 21 | |
-15 | -11 | -6 | -20 | -44 | -71 | -89 | -64 | -37 | -42 | -56 | -60 | |
-25 | -34 | -8 | 3 | 20 | 42 | 104 | 37 | 12 | -33 | 2 | 34 | |
Net Cash Flow | -22 | -18 | -1 | -0 | 2 | 11 | 21 | -11 | 3 | -26 | 4 | -5 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 63 | 54 | 61 | 58 | 56 | 34 | 29 | 44 | 57 | 31 | 43 | 40 |
Inventory Days | 21 | 31 | 33 | 22 | 33 | 72 | 183 | 168 | 56 | 67 | 56 | 57 |
Days Payable | 106 | 113 | 102 | 61 | 55 | 56 | 87 | 100 | 51 | 58 | 74 | 49 |
Cash Conversion Cycle | -21 | -28 | -8 | 19 | 34 | 49 | 126 | 113 | 62 | 40 | 26 | 49 |
Working Capital Days | 16 | 11 | 29 | 38 | 28 | 19 | 35 | 21 | 37 | 29 | 26 | 39 |
ROCE % | 3% | 8% | 15% | 12% | 14% | 3% | -9% | -6% | 6% | 7% | 7% | 4% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
12 May - News Paper publication of 16th AGM notice
-
Reg. 34 (1) Annual Report.
3 May - Enkei Wheels FY2024 Annual Report and AGM notice with financials, leadership change, and capacity expansion updates.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Apr - Newspaper Publication of Unaudited Financial Result for the quarter ended on 31st March 2025.
-
Appointment Of Secretarial Auditor
28 Apr - Appointment of Ms. Snehal Phirange as Secretarial Auditor for five years, subject to shareholder approval.
- Annual General Meeting 28-05-2025 28 Apr
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1]
EWIL is a part of the Japanese Enkei Group. It manufactures aluminium alloy wheels for two-wheelers and four wheelers in India