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Enkei Wheels

  • Market Cap: Micro Cap
  • Industry: Auto Ancillary
  • ISIN: INE130L01014
  • NSEID:
  • BSEID: 533477
INR
536.90
26.9 (5.27%)
BSENSE

Apr 11, 12:50 PM

BSE+NSE Vol: 18.38 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

18.38 k (6,332.47%) Volume

Shareholding (Dec 2024)

FII

0.02%

Held by 3 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

74.97%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 3.14%

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.96 times
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

With ROCE of 8.1, it has a Expensive valuation with a 2.7 Enterprise value to Capital Employed

5

Despite the size of the company, domestic mutual funds hold only 0% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 918 Cr (Micro Cap)

stock-summary
P/E

346.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.62

stock-summary
Return on Equity

1.09%

stock-summary
Price to Book

3.77

Revenue and Profits (1 Year):
Net Sales:
195 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-3 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-21.96%
0%
-21.96%
1 Year
-3.38%
0%
-3.38%
2 Years
21.58%
0%
21.58%
3 Years
49.06%
0%
49.06%
4 Years
87.3%
0%
87.3%
5 Years
211.61%
0%
211.61%

Enkei Wheels for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
18.00%
EBIT Growth (5y)
21.99%
EBIT to Interest (avg)
2.00
Debt to EBITDA (avg)
0.70
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.29
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
-0.01%
ROE (avg)
3.66%
Valuation key factors
Factor
Value
P/E Ratio
346
Industry P/E
28
Price to Book Value
3.77
EV to EBIT
70.11
EV to EBITDA
16.15
EV to Capital Employed
2.71
EV to Sales
1.25
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
8.06%
ROE (Latest)
1.09%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 3 FIIs (0.02%)

Promoter with highest holding

Enkei Corporation (74.97%)

Highest Public shareholder

Nastic Trading Llp (3.17%)

Individual Investors Holdings

15.32%

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -18.20% vs 19.71% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 34.87% vs -448.09% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "195.20",
          "val2": "238.62",
          "chgp": "-18.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "7.85",
          "val2": "22.47",
          "chgp": "-65.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.75",
          "val2": "4.06",
          "chgp": "-7.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-2.97",
          "val2": "-4.56",
          "chgp": "34.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.02%",
          "val2": "9.42%",
          "chgp": "-5.40%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Jun'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Jun 2024 is 36.17% vs -6.35% in Jun 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Jun 2024 is 179.67% vs -16.89% in Jun 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'24",
        "Jun'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "420.95",
          "val2": "309.13",
          "chgp": "36.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "30.70",
          "val2": "16.58",
          "chgp": "85.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.05",
          "val2": "4.83",
          "chgp": "25.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "10.18",
          "val2": "3.64",
          "chgp": "179.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.29%",
          "val2": "5.36%",
          "chgp": "1.93%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Sep 2024 is 27.85% vs 0.21% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Sep 2024 is -41.40% vs -46.21% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "659.57",
          "val2": "515.89",
          "chgp": "27.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "53.17",
          "val2": "40.88",
          "chgp": "30.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "10.11",
          "val2": "7.69",
          "chgp": "31.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.62",
          "val2": "9.59",
          "chgp": "-41.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.06%",
          "val2": "7.92%",
          "chgp": "0.14%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 17.92% vs 7.94% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -77.26% vs 215.36% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "844.46",
          "val2": "716.14",
          "chgp": "17.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "61.26",
          "val2": "60.24",
          "chgp": "1.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "14.02",
          "val2": "10.70",
          "chgp": "31.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.66",
          "val2": "11.70",
          "chgp": "-77.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.25%",
          "val2": "8.41%",
          "chgp": "-1.16%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
195.20
238.62
-18.20%
Operating Profit (PBDIT) excl Other Income
7.85
22.47
-65.06%
Interest
3.75
4.06
-7.64%
Exceptional Items
0.00
0.00
Standalone Net Profit
-2.97
-4.56
34.87%
Operating Profit Margin (Excl OI)
4.02%
9.42%
-5.40%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -18.20% vs 19.71% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 34.87% vs -448.09% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Jun'24stock-summary
Jun'24
Jun'23
Change(%)
Net Sales
420.95
309.13
36.17%
Operating Profit (PBDIT) excl Other Income
30.70
16.58
85.16%
Interest
6.05
4.83
25.26%
Exceptional Items
0.00
0.00
Standalone Net Profit
10.18
3.64
179.67%
Operating Profit Margin (Excl OI)
7.29%
5.36%
1.93%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Jun 2024 is 36.17% vs -6.35% in Jun 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Jun 2024 is 179.67% vs -16.89% in Jun 2023

Nine Monthly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
659.57
515.89
27.85%
Operating Profit (PBDIT) excl Other Income
53.17
40.88
30.06%
Interest
10.11
7.69
31.47%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.62
9.59
-41.40%
Operating Profit Margin (Excl OI)
8.06%
7.92%
0.14%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Sep 2024 is 27.85% vs 0.21% in Sep 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Sep 2024 is -41.40% vs -46.21% in Sep 2023

Annual Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
844.46
716.14
17.92%
Operating Profit (PBDIT) excl Other Income
61.26
60.24
1.69%
Interest
14.02
10.70
31.03%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.66
11.70
-77.26%
Operating Profit Margin (Excl OI)
7.25%
8.41%
-1.16%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is 17.92% vs 7.94% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Dec 2024 is -77.26% vs 215.36% in Dec 2023

stock-summaryCompany CV
About Enkei Wheels India Ltd stock-summary
stock-summary
Enkei Wheels India Ltd
Micro Cap
Auto Ancillary
Enkei Wheels (India) Limited was incorporated on March 30, 2009. The Company obtained a Certificate of Commencement of Business on May 29 2009. The Company is one of the leading Indian manufacturers of aluminium alloy wheels for two wheelers and four-wheelers. The principal activities of Company are manufacturing of aluminium alloy casting wheels , mainly used in auto industry.
Company Coordinates stock-summary
Company Details
Gat No 1425 Village Shikrapur, Taluka Shirur Pune Maharashtra : 412208
stock-summary
Tel: 91-2137-618700
stock-summary
secretarial@enkei.in
Registrar Details
Mondkar Computers Pvt Ltd , 21 Shakil Niwas , Opp. Satya Saibaba Temple, Mahakali Caves Road, Andheri (E), Mumbai