Enkei Wheels India Ltd

Enkei Wheels Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Enkei Wheels India Ltd

₹ 491 -1.57%
13 Aug - close price
enkei.in BSE: 533477
About

Incorporated in 2009, Enkei Wheels
India Ltd manufactures aluminium
alloy casting wheels[1]

Key Points

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

Website BSE
  • Market Cap ₹ 882 Cr.
  • Current Price ₹ 491
  • High / Low ₹ 760 / 480
  • Stock P/E
  • Book Value ₹ 127
  • Dividend Yield 0.00 %
  • ROCE 3.94 %
  • ROE 1.06 %
  • Face Value ₹ 5.00
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Pros

Cons

  • Stock is trading at 3.87 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

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Quarterly Results

Figures in Rs. Crores

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
159.41 184.71 148.72 132.43 176.69 206.76 200.25 221.61 189.03 238.62 195.20 227.98 233.16
163.31 162.44 153.47 129.61 162.93 182.46 179.26 198.84 180.86 216.15 187.35 216.81 216.31
Operating Profit -3.90 22.27 -4.75 2.82 13.76 24.30 20.99 22.77 8.17 22.47 7.85 11.17 16.85
OPM % -2.45% 12.06% -3.19% 2.13% 7.79% 11.75% 10.48% 10.27% 4.32% 9.42% 4.02% 4.90% 7.23%
8.87 3.17 0.09 2.01 9.26 -0.17 -4.82 6.53 5.63 -11.67 5.37 0.14 2.08
Interest 1.69 2.38 1.75 2.08 2.76 2.86 2.85 2.78 3.43 4.06 3.75 5.08 6.14
Depreciation 6.35 8.32 8.21 9.30 7.93 11.93 12.39 12.38 12.57 12.77 13.16 13.44 14.51
Profit before tax -3.07 14.74 -14.62 -6.55 12.33 9.34 0.93 14.14 -2.20 -6.03 -3.69 -7.21 -1.72
Tax % 47.56% 8.75% -3.35% -32.82% 34.79% 36.40% -127.96% 37.34% -159.55% -24.38% -19.78% -26.49% 0.00%
-4.53 13.45 -14.12 -4.40 8.04 5.95 2.11 8.87 1.31 -4.56 -2.97 -5.30 -1.71
EPS in Rs -2.52 7.48 -7.86 -2.45 4.47 3.31 1.17 4.93 0.73 -2.54 -1.65 -2.95 -0.95
Raw PDF

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
320 384 385 407 465 474 267 235 451 663 716 844 895
299 346 346 373 423 450 270 235 413 617 655 783 837
Operating Profit 21 38 40 34 42 25 -4 0 38 46 61 62 58
OPM % 7% 10% 10% 8% 9% 5% -1% 0% 8% 7% 9% 7% 7%
6 0 -12 0 6 15 32 1 2 8 8 6 -4
Interest 9 8 5 5 5 5 5 13 3 16 11 15 19
Depreciation 18 28 26 22 23 21 18 22 19 28 42 51 54
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 -15
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 -8.09
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: 9%
Compounded Profit Growth
10 Years: 10%
5 Years: 16%
3 Years: -47%
TTM: -180%
Stock Price CAGR
10 Years: 10%
5 Years: 11%
3 Years: 2%
1 Year: -25%
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 Jun 2025
Equity Capital 6 7 7 7 8 8 9 9 9 9 9 9 9
Reserves 10 12 -5 36 73 121 175 182 199 212 224 226 219
121 88 79 69 73 86 152 184 187 162 167 206 250
180 177 158 123 121 115 87 78 94 110 134 122 157
Total Liabilities 318 283 239 236 275 330 423 452 488 494 534 564 634
181 164 131 129 127 126 140 122 110 231 344 314 341
CWIP 0 0 0 0 2 55 101 189 218 100 2 43 3
Investments 0 0 0 0 0 0 0 0 3 3 4 3 3
136 119 108 107 147 148 182 142 158 159 183 204 288
Total Assets 318 283 239 236 275 330 423 452 488 494 534 564 634

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 -10 -6 14 30 22 4 -17 -18 -23 -3 -2 3
ROCE % 3% 8% 15% 12% 14% 3% -9% -6% 6% 7% 7% 4%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97%
0.02% 0.02% 0.00% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
25.01% 25.02% 25.04% 25.02% 25.02% 25.02% 25.01% 25.02% 25.01% 25.02% 25.01% 25.01%
No. of Shareholders 3,5323,6533,6903,7333,7663,7103,9114,5264,1614,0283,9513,919

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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