Enkei wheels (India) share price & results
- Jun 2026
- Sept 2026
Pune-based manufacturer of aluminium alloy wheels for two-wheelers and four-wheelers, part of Japan's Enkei Group
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 319 | +36.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 11.0 | +4.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 10.0 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 10.53 | +2.9 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 1.66 | +5.9 pts | Fiscal year | FY ending Dec 2025 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 26.03 | −2.7 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −19.6% 1Y
1Y: ₹489.5 on 24 Oct 2025 → ₹393.5. High ₹537.2 (10 Nov 2025), low ₹342.45 (29 Jun 2026).
- Previous close
- ₹395.2
- Market cap
- ₹708 Cr
- 52-week range
- ₹342.45 – ₹537.2
- One year
- −20.51%
- Price to earnings (TTM to Jun 2026)
- 28.32×
- Return on equity (TTM to Jun 2026)
- 10.53%
Overview
- Symbol
- NSE:ENKEIWHEL
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Enkei wheels (India) Limited does
Based on the company's own presentations, annual report and earnings calls.
Enkei Wheels (India) Limited (EWIL), established in 2009 as part of the Japanese Enkei Group, manufactures aluminium alloy wheels for two-wheelers and four-wheelers at a single facility in Shikrapur, Pune. It runs five casting plants (10 casting lines) plus dedicated machining and painting lines, supplying OEM customers including Suzuki for passenger-vehicle (UV) wheels and other automakers for two-wheeler and four-wheeler wheels, including recently introduced large-diameter (up to 19-inch) and black clear-coated wheel variants.
Segments
- Two-Wheeler wheels
- Four-Wheeler wheels
- Manufacturing plants
- 5 plants (10 casting lines), single facility at Shikrapur, Pune
- Four-wheeler wheel production capacity
- 140,000 units/month
- Two-wheeler wheel production capacity
- 120,000 units/month
- Painting line capacity
- 170,000 wheels/month
- Largest wheel diameter produced
- 19-inch (four-wheeler)
- Quality certifications
- IATF 16949:2016, ISO 14001:2015, ISO 45001:2018
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Dec 2020 to Dec 2025).
Financials
What the filings say
Net profit, year on year: +600% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 239 | 195 | 228 | 233 | 265 | 245 | 299 | 319 |
| Expenses | 216 | 187 | 217 | 216 | 235 | 221 | 280 | 285 |
| Operating profit | 22 | 8 | 11 | 17 | 30 | 25 | 19 | 34 |
| Operating margin | 9.0% | 4.0% | 4.9% | 7.0% | 11.0% | 10.0% | 6.0% | 11.0% |
| Other income | -12 | 5 | 0 | 2 | 0 | 0 | 0 | 0 |
| Interest | 4 | 4 | 5 | 6 | 5 | 5 | 5 | 6 |
| Depreciation | 13 | 13 | 13 | 15 | 15 | 15 | 15 | 15 |
| Profit before tax | -6 | -4 | -7 | -2 | 10 | 5 | -1 | 14 |
| Tax rate | −24.0% | −20.0% | −26.0% | 0.0% | 24.0% | 20.0% | −6.0% | 26.0% |
| Net profit | -5 | -3 | -5 | -2 | 8 | 4 | -1 | 10 |
| EPS (₹ per share) | -2.54 | -1.65 | -2.95 | -0.95 | 4.42 | 2.34 | -0.34 | 5.70 |
| Line item | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Sales | 716 | 845 | 971 |
| Expenses | 654 | 783 | 889 |
| Operating profit | 62 | 61 | 83 |
| Other income | 6 | 6 | 2 |
| Interest | 11 | 14 | 21 |
| Depreciation | 41 | 51 | 58 |
| Profit before tax | 15 | 2 | 6 |
| Net profit | 12 | 2 | 5 |
| Line item | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Jun 2025 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 199 | 212 | 224 | 226 | 219 | 231 |
| Borrowings | 187 | 162 | 167 | 206 | 250 | 210 |
| Other liabilities | 94 | 110 | 134 | 122 | 157 | 155 |
| Total liabilities | 488 | 494 | 534 | 564 | 634 | 605 |
| Fixed assets | 110 | 231 | 344 | 314 | 341 | 323 |
| Capital work in progress | 218 | 100 | 2 | 43 | 3 | 1 |
| Investments | 3 | 3 | 4 | 3 | 3 | 4 |
| Other assets | 158 | 159 | 183 | 204 | 288 | 277 |
| Total assets | 488 | 494 | 534 | 564 | 634 | 605 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | 16 | 28 | 49 | 59 | 28 | 44 |
| Cash from investing | -64 | -37 | -42 | -56 | -63 | -34 |
| Cash from financing | 37 | 12 | -33 | 2 | 30 | -15 |
| Net cash flow | -11 | 3 | -26 | 4 | -5 | -5 |
| Free cash flow | -49 | -7 | 6 | 2 | -36 | 16 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Debtor days | 44 | 57 | 31 | 43 | 40 | 46 |
| Inventory days | 168 | 56 | 67 | 56 | 57 | 72 |
| Days payable | 100 | 51 | 58 | 74 | 49 | 64 |
| Cash conversion cycle | 113 | 62 | 40 | 26 | 49 | 54 |
| Working capital days | -18 | -23 | -3 | -2 | 5 | 7 |
| Return on capital employed | −6.0% | 6.0% | 7.0% | 7.0% | 4.0% | 8.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 74.97% as of Sept 2026; institutions cut 0.01 pts since Jun 2026.
- Promoters 74.97%
- Foreign institutions 0.00%
- Domestic institutions 0.00%
- Public 25.03%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.28 pp 2.07% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Enkei wheels (India) Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 74.97% | unchanged | |
| 3.17% | unchanged | |
| 2.07% | +0.28 pp | |
| 1.59% | unchanged | |
| 1.46% | unchanged | |
| 1.42% | unchanged | |
| 1.01% | −0.39 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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