Is Enkei Wheels (India) Ltd (533477) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Enkei Wheels (India) Ltd is a below average quality company .

Is Enkei Wheels (India) Ltd (533477) undervalued or overvalued?

The key valuation ratios of Enkei Wheels (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Enkei Wheels (India) Ltd (533477) share price return in the past 10 years?

Enkei Wheels (India) Ltd share price has appreciated 10.3% annually (CAGR) over the past ten years.

Is Enkei Wheels (India) Ltd (533477) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Enkei Wheels (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Enkei Wheels (India) Ltd (533477)?

Company share prices are keep on changing according to the market conditions. The current trading price of Enkei Wheels (India) Ltd (533477) on 17-Apr-2026 16:59:59 at 16:59 is 408.75.

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

The latest standalone P/E ratio of Enkei Wheels (India) as of 17-Apr-2026 is 143.48.

What is the P/B ratio of Enkei Wheels (India) Ltd (533477)?

The latest standalone P/B ratio of Enkei Wheels (India) Ltd (533477) as of 17-Apr-2026 is 3.07.

What is the 52-week high and low of Enkei Wheels (India) Ltd (533477)?

The 52-week high of Enkei Wheels (India) Ltd (533477) is Rs. 568.00 and the 52-week low is Rs. 356.60.

Enkei Wheels (India) Ltd (533477) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Enkei Wheels (India) Ltd (533477)
Brand: Enkei Wheels (India)

Enkei Wheels (India) Ltd (533477) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Key Metrics

Market Cap

₹737 Cr.

P/E Ratio

143.48

Price to Book (P/B)

3.07

Price to Sales (P/S)

0.76

EV/EBITDA

10.25

Return on Capital Employed (ROCE)

6.57%

Current Price

₹408.8

Return on Equity (ROE)

2.16%

Return on Assets (ROA)

0.88%

Operating Profit Margin

9.2%

Net Profit Margin

0.53%

Gross Profit Margin

7.1%

Book Value per Share

₹133.3

Sales Growth (YoY)

15.06%

Sales Growth (3 Years)

13.56%

Operating Profit Growth (1 Year)

44.03%

Operating Profit Growth (3 Years)

24.9%

Net Profit Growth (1 Year)

92.86%

52-Week Low / High

₹357 / 568

Net Profit Growth (3 Years)

11.43%

Dividend Yield

0.00%

Promoter Holding

74.97%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Enkei Wheels (India) Ltd?

Enkei Wheels (India) Ltd revenue growth is 15.1% for FY-2025 , which is below its 5 year CAGR of 32.8% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Enkei Wheels (India) Ltd?

Promoters hold 74.97% of the Enkei Wheels (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Enkei Wheels (India) Ltd vs industry peers?

Enkei Wheels (India) Ltd revenue CAGR is 32.80% , compared to the industry median CAGR of 11.82% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Enkei Wheels (India) Ltd belong to?

Enkei Wheels (India) Ltd belongs to the Automobiles sector, operating specifically within the Auto Ancillary segment.

Q.1 Stock return of Enkei Wheels (India) Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 10.4% based on the current price.

DeciZen - make an informed investing decision on Enkei Wheels

Based on:

Data

Overall Rating ⓘ
Login to view analysis.

1. Quality

2. Valuation ⓘ

3. Price Trend

Enkei Wheels (India) stock performance

Key Ratios

Is Enkei Wheels (India) Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'17	Mar'18	Mar'19	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
ROCE % ⓘ	12.3%	18.1%	9.9%	3.8%	-5.7%	6.2%	6.7%	7%	4%	6.6%	-
Value Creation Index ⓘ	-0.1	0.3	-0.3	-0.7	-1.4	-0.6	-0.5	-0.5	-0.7	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	407	465	474	356	235	451	663	716	844	972	972
Sales YoY Gr.	-	14.3%	2.1%	-25%	-33.9%	91.6%	47.3%	7.9%	17.9%	15.1%	-
Adj EPS ⓘ	4.1	6.8	6.1	-9.1	-16.9	8.7	-0.8	3.9	-0.2	4	2.9
YoY Gr.	-	65.1%	-10.6%	-249.8%	NA	NA	-109%	NA	-105.9%	NA	-
BVPS (₹) ⓘ	29.1	52.3	79.6	143.1	106.1	115.5	123.1	129.8	131	133.3	133.3
Adj Net Profit ⓘ	6.1	10.5	9.9	-15.6	-30.4	15.7	-1.4	7	-0.4	7.2	5
Cash Flow from Ops. ⓘ	16.6	25.4	39.3	8.4	15.5	28	48.8	58.5	28	43.7	-
Debt/CF from Ops. ⓘ	4.2	2.9	2.2	24.3	11.5	6.5	3.3	2.9	7.4	4.8	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	10.2%	32.8%	13.6%	15.1%
Adj EPS ⓘ	-0.4%	NA	NA	NA
BVPSⓘ	18.4%	4.7%	2.7%	1.8%
Share Price	10.3%	8.1%	-4.2%	-22.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'17	Mar'18	Mar'19	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Return on Equity % ⓘ	26.9	17	9.4	-7.5	-16.2	7.9	-0.7	3.1	-0.2	3	2.1
Op. Profit Mgn % ⓘ	9.5	10	7.2	2.7	0.7	8.4	7	-130	7.3	9.2	8.5
Net Profit Mgn % ⓘ	1.5	2.3	2.1	-4.4	-12.9	3.5	-0.2	1	-0.1	0.7	0.5
Debt to Equity ⓘ	1.6	0.9	0.7	0.8	0.9	0.9	0.7	0.7	0.9	0.9	0.4
Working Cap Days ⓘ	79	89	99	179	193	94	75	82	79	86	51
Cash Conv. Cycle ⓘ	19	34	42	78	87	48	38	31	35	44	2

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	2.9	-
TTM Sales (₹ Cr.)	972	-
BVPS (₹) ⓘ	133.3	-
Reserves (₹ Cr.) ⓘ	231	-
P/BV ⓘ	3.07	-
PE ⓘ	143.48	-

From the Market
52 Week Low / High (₹)	356.60 / 568.00
All Time Low / High (₹)	36.15 / 760.00
Market Cap (₹ Cr.)	737
Equity (₹ Cr.)	9
Face Value (₹)	5
Industry PE ⓘ	43.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Enkei Wheels - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Sales	407	465	474	267	235	451	663	716	844	972
Operating Expenses ⓘ +	373	423	450	271	235	413	618	1,648	783	883
Manufacturing Costs	96	104	113	70	55	86	137	162	176	193
Material Costs	222	258	263	140	126	266	404	408	510	580
Employee Cost	29	33	37	28	32	35	43	47	52	57
Other Costs ⓘ	26	29	37	32	22	27	34	1,031	45	52
Operating Profit ⓘ	33	42	25	-4	0	37	46	-931	62	89
Operating Profit Margin (%)	8.2%	9.0%	5.2%	-1.5%	0.1%	8.3%	6.9%	-130.0%	7.3%	9.2%
Other Income ⓘ +	0	1	1	0	1	5	8	1,000	6	3
Exceptional Items ⓘ	0	5	13	32	0	0	0	0	0	-5
Interest ⓘ	5	5	5	5	13	6	16	11	15	23
Depreciation ⓘ	22	23	21	18	22	19	28	42	51	58
Profit Before Tax ⓘ	7	19	14	5	-33	17	10	16	2	7
Tax ⓘ	5	9	1	2	-1	1	6	4	-0	2
Profit After Tax	3	11	13	3	-31	16	4	12	3	5
PAT Margin (%)	0.6%	2.3%	2.7%	1.0%	-13.3%	3.6%	0.6%	1.6%	0.3%	0.5%
Adjusted EPS (₹)	1.8	7.0	7.9	1.6	-17.5	9.1	2.1	6.5	1.5	2.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Equity and Liabilities
Shareholders Fund +	43	81	129	183	191	208	221	233	235	240
Share Capital ⓘ	7	8	8	9	9	9	9	9	9	9
Reserves ⓘ	36	73	121	175	182	199	212	224	226	231
Debt +	69	60	72	138	152	148	134	143	180	178
Long Term Debt	61	52	52	100	129	111	105	113	122	93
Short Term Debt	8	8	20	38	23	37	29	30	58	85
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	37	39	40	33	34	37	65	82	68	102
Others Liabilities ⓘ	84	93	84	65	73	93	74	75	79	80
Total Liabilities ⓘ	234	272	326	420	450	486	494	534	562	601
Fixed Assets
Net Fixed Assets ⓘ +	129	127	126	140	122	110	231	344	314	323
Gross Block	281	293	314	328	327	316	452	599	608	666
Accumulated Depreciation	152	167	188	188	205	207	221	255	294	342
CWIP ⓘ	0	2	55	101	189	218	100	2	43	1
Investments ⓘ	0	0	0	0	0	3	3	4	3	4
Inventories	14	23	52	71	58	40	75	63	80	114
Trade Receivables	64	71	44	21	29	70	57	85	93	124
Cash Equivalents	7	10	20	41	30	33	7	12	7	7
Others Assets ⓘ	20	40	29	46	24	12	20	24	23	27
Total Assets ⓘ	234	272	326	420	450	486	494	534	562	601

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash Flow From Operating Activity ⓘ +	17	25	39	6	16	28	49	59	28	44
PBT ⓘ	7	19	14	5	-33	17	10	16	2	7
Adjustment ⓘ	42	29	17	9	39	15	42	45	70	81
Changes in Working Capital ⓘ	-26	-12	14	-7	10	-7	3	1	-42	-43
Tax Paid ⓘ	-7	-11	-5	-1	-0	2	-6	-4	-1	-0
Cash Flow From Investing Activity ⓘ +	-20	-44	-71	-89	-64	-37	-42	-56	-63	-34
Capex	-21	-44	-75	-76	-65	-35	-42	-56	-64	-28
Net Investments	0	0	-0	0	0	-3	-0	-0	-0	-6
Others ⓘ	0	1	4	-13	1	1	1	1	1	0
Cash Flow From Financing Activity ⓘ +	3	20	42	104	37	12	-33	2	30	-15
Net Proceeds from Shares ⓘ	14	23	35	44	37	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	-1	49	30	3	-7	10	18	-27
Interest Paid ⓘ	-3	-3	-3	-4	-12	-3	-15	-9	-16	-15
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-8	-0	12	15	-18	11	-11	0	28	27
Net Cash Flow ⓘ	-0	2	11	21	-11	3	-26	4	-5	-5

Finance Ratio

PARTICULARS	Mar'17	Mar'18	Mar'19	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Ratios
ROE (%)	11.44	17.4	12.14	1.75	-16.77	8.17	1.73	5.15	1.13	2.16
ROCE (%)	12.33	18.1	9.88	3.75	-5.7	6.18	6.66	7.01	4	6.57
Asset Turnover Ratio	1.94	1.89	1.59	0.71	0.54	0.96	1.36	1.4	1.54	1.67
PAT to CFO Conversion(x)	5.67	2.27	3	2	N/A	1.75	12.25	4.92	9.33	8.8
Working Capital Days
Receivable Days	51	51	44	44	39	40	35	36	38	41
Inventory Days	13	14	29	84	100	40	32	35	31	36
Payable Days	78	54	55	96	98	49	46	66	54	54

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Enkei Wheels (India) Ltd FAQs

The current trading price of Enkei Wheels on 17-Apr-2026 16:59 is ₹408.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Enkei Wheels stood at ₹736.6 Cr

The latest P/E ratio of Enkei Wheels as of 16-Apr-2026 is 143.5.

The latest P/B ratio of Enkei Wheels as of 16-Apr-2026 is 3.07.

The 52-week high of Enkei Wheels is ₹568.0 and the 52-week low is ₹356.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Enkei Wheels is ₹972 ( Cr.) .

About Enkei Wheels (India) Ltd

No data to display

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Enkei Wheels (India) Ltd (533477) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Enkei Wheels Share Price