# Enkei Wheels India share price today (Enkei Wheels India Ltd, NSE: ENKEIWHEL)

> Enkei Wheels India share price today: ₹406.45 at the NSE close on 3 November 2026, down 15.1% in a year. Enkei Wheels India (NSE: ENKEIWHEL) is worth ₹731 crore, trades at a P/E of 28.6 and has closed between ₹363.50 and ₹527.75 over the past 52 weeks. > Enkei Wheels India Ltd's earnings have grown faster than its share price. Earnings per share grew +92.6% in a year while the price moved −15.1%. ENKEIWHEL · Auto Ancillaries - Wheels · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/enkei-wheels-india-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹406.45 (−15.1% in a year)
- P/E: 28.6× (lower than 96% of the last 11 years)
- Revenue (Jun 2026): ₹319 Cr (+36.9% on a year ago)
- Profit (Jun 2026): ₹10.0 Cr
- Operating margin: 11.0% (+4.0 points on a year ago)
- ROCE: 8%, FY25
- ROIC: 8.3%, against a 12.0% cost of capital: −3.7 points

The main question: yearly earnings per share moved +92.6% while the share price moved −15.1%. ## What is the Enkei Wheels India share price today? Enkei Wheels India Ltd's share price was ₹406.45 at the close on 3 November 2026. It has been falling for 89 weeks. That is 1.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹364 and ₹528, and at that close it sat 26% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 7 weeks in a row. Over the last 11 years the share price moved +173% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Enkei Wheels India this quarter? Three changes stood out: revenue up on a year earlier for 6 quarters in a row, highest quarterly profit in 15 quarters and profit up on a year earlier for 4 quarters in a row. 1. Revenue up on a year earlier for 6 quarters in a row In the June 2026 quarter revenue was ₹319 crore, +36.9% on a year earlier. 2. Highest quarterly profit in 15 quarters Profit of ₹10 crore in the June 2026 quarter is the highest of the last 15 quarters. 3. Profit up on a year earlier for 4 quarters in a row In the June 2026 quarter profit was ₹10 crore, +600% on a year earlier. ## What are Enkei Wheels India's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Enkei Wheels India reported revenue of ₹319 crore, up 36.9% from ₹233 crore a year earlier, and a profit of ₹10.0 crore, against a loss of ₹2.00 crore a year earlier. ### Enkei Wheels India results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹319 crore | ₹233 crore | +36.9% |
| Profit | ₹10.0 crore | loss of ₹2.00 crore | n/a |
| Earnings per share | ₹5.70 | ₹−0.95 | n/a |
| Operating margin | 11.0% | 7.0% | +4.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Enkei Wheels India share price history? Enkei Wheels India closed at ₹406.45 on 3 November 2026, down 15.1% from ₹478.80 a year earlier (31 October 2025) and up 13.0% over five years. Its highest weekly close since March 2016 was ₹729.90 on 2 August 2024. ### Enkei Wheels India share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹392.50 | +3.6% |
| 1 month ago · 1 Oct 2026 | ₹390.00 | +4.2% |
| 1 year ago · 31 Oct 2025 | ₹478.80 | −15.1% |
| 3 years ago · 3 Nov 2023 | ₹575.25 | −29.3% |
| 5 years ago · 4 Nov 2021 | ₹359.75 | +13.0% |
| 10 years ago · 4 Nov 2016 | ₹194.40 | +109.1% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹148.70 | +173.3% |
| Highest weekly close since March 2016 · 2 Aug 2024 | ₹729.90 | −44.3% |
| Lowest weekly close since March 2016 · 24 Jun 2016 | ₹131.35 | +209.4% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹527.75 | −23.0% |
| 52-week low (weekly close) · 17 Jul 2026 | ₹363.50 | +11.8% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (542 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Enkei Wheels India? 3 Nov 2026: Enkei Wheels India closed at ₹406.45, up 3.6% on the week and up 4.2% on the month. Results for April to June 2026: Revenue up 36.9% on a year earlier. ## What dividend does Enkei Wheels India pay? Enkei Wheels India has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. Enkei Wheels India Ltd paid out 0% of its profit as dividends in each of its last 12 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Enkei Wheels India on? Enkei Wheels India is on one of our India lists: Momentum stocks. [Momentum stocks Market cap cr: 706.9450771956466](https://www.sectoralpha.in/momentum-stocks-india)

## Is Enkei Wheels India profitable? Enkei Wheels India Ltd earned ₹10.0 Cr of net profit in the Jun 2026 quarter. Full-year FY25 profit was ₹5.0 Cr. That is 3.1% of the quarter's revenue. The same quarter a year earlier lost ₹2.0 Cr. 5 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was ₹5.0 Cr (+66.7% on the year before). ## How much revenue does Enkei Wheels India make, and is it growing? Enkei Wheels India Ltd reported ₹319 Cr of revenue in the Jun 2026 quarter, +36.9% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 9 years it has grown 10.8% a year on average. The last full year, FY25, came in at ₹972 Cr. The last four reported quarters add to ₹1,128 Cr. FY25 revenue was ₹972 Cr, +15.2% on the year before. Recent pace: the last four quarters grew +26.1% on average, against 10.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +26.0%, against +17.4% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does Enkei Wheels India keep? Enkei Wheels India Ltd's operating margin was 11.0% in the Jun 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Across 12 years it has been between −1.3% and 10.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +3.5 percentage points on the year while gross margin changed −7.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Enkei Wheels India's profit turning into cash? Over the last 3 years, 655% of Enkei Wheels India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ₹44.0 Cr of operating cash against ₹5.0 Cr of profit. After ₹25.0 Cr of spending on assets, ₹19.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 655% of profit came in as cash: the cash cycle got 59 days shorter between FY20 and FY25, so cash that used to wait in the business now arrives sooner. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Enkei Wheels India's cash go? Enkei Wheels India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 54 days in FY25, down from 113 days in FY20. It spent ₹144 Cr on assets over the last 3 years. Customers take 46 days to pay, and stock sits for 72 days on average. At FY25 sales of ₹972 Cr, each day of that cycle ties up about ₹2.7 Cr, so roughly ₹144 Cr is tied up in the business at any time. FY25: customers took 46 days to pay and stock sat for 72 days, about 2.4 months of sales sitting as stock, for a full cycle of 54 days, shorter than FY20's 113. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 72 days. Customers pay about 46 days after that. Suppliers are paid at 64 days. Together that makes the 54-day cycle. Spending on assets: ₹144 Cr over the last 3 years, against ₹151 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹1.0 Cr (FY25): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Enkei Wheels India's P/E ratio, and how does it compare with its own history? Enkei Wheels India Ltd's P/E is 28.6×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/E (the middle reading) is 85.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹12.12. Why the multiple is where it is: over the past year earnings per share moved +92.6% while the price moved −15.1%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +2.5% a year; about +18.5% a year came from earnings growth and about −16.0 percentage points from the multiple (the market paying less); over 10 years the price moved +7.7% a year; about +14.0% a year came from earnings growth and about −6.3 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Enkei Wheels India business getting better or worse? Enkei Wheels India Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE rising at 12.8%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Enkei Wheels India earn on its capital? Enkei Wheels India Ltd earned a ROCE of 8% in FY25. That is up from a low of −9% in FY19. Its return on capital used (ROIC) is 3.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 0.5% net margin and 1.61× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 0.5% net margin × 1.61× asset turnover × 2.52× leverage (assets divided by equity) ≈ 2.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.3% − 12.0% = −3.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 8.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 5.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Enkei Wheels India have too much debt? Enkei Wheels India Ltd has total debt of ₹307 Cr against shareholder equity of ₹250 Cr as of Jun 2026, so its debt is 1.23× its equity. Year by year, that ratio went from 0.73 in FY22 to 0.88 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Enkei Wheels India shareholding pattern? No group of Enkei Wheels India Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.0 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +0.0 points over 8 quarters, to 75.0%; Foreign institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is Enkei Wheels India from balance-sheet trouble? For Enkei Wheels India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Enkei Wheels India rank in its industry? There is no score against its industry: Enkei Wheels India Ltd is not present in the sector comparison for Auto Ancillaries - Wheels. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Enkei Wheels India compared with? No sector comparison is shown here, not present in the sector comparison. ## Which companies are close to Enkei Wheels India in size? Enkei Wheels India is the 3rd largest of 3 Auto Ancillaries - Wheels companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Steel Strips Wheels and Wheels India. It is the smallest. ### Auto Ancillaries - Wheels companies close in size

1. [Steel Strips Wheels Ltd](https://www.sectoralpha.in/stocks/steel-strips-wheels-ltd) ₹7,763 crore
2. [Wheels India Ltd](https://www.sectoralpha.in/stocks/wheels-india-ltd) ₹5,473 crore
3. Enkei Wheels India Ltd ₹710 crore

[All 3 Auto Ancillaries - Wheels companies, largest first](https://www.sectoralpha.in/sectors/auto-ancillaries-wheels#all-companies)

### Companies close in size in other industries

1. [Magadh Sugar & Energy Ltd](https://www.sectoralpha.in/stocks/magadh-sugar-energy-ltd) ₹712 crore · Sugar
2. [Technocrats Plasma Systems Ltd](https://www.sectoralpha.in/stocks/technocrats-plasma-systems-ltd) ₹711 crore
3. Enkei Wheels India Ltd ₹710 crore
4. [Hy-Tech Engineers Ltd](https://www.sectoralpha.in/stocks/hy-tech-engineers-ltd) ₹710 crore
5. [Manaksia Steels Ltd](https://www.sectoralpha.in/stocks/manaksia-steels-ltd) ₹710 crore · Steel

## What else do people ask about Enkei Wheels India? ### What is Enkei Wheels India's share price today? Enkei Wheels India Ltd's share price is ₹406.45, −15.1% over the past year. The whole company is worth ₹731 Cr on the market. In the last 52 weeks it traded between ₹364 to ₹528; today it is 26% of the way up from the low, 1.9% below its 200-day average (as of 3 November 2026). ### What were Enkei Wheels India's latest quarterly results? Enkei Wheels India Ltd reported revenue of ₹319 Cr and net profit of ₹10.0 Cr for the Jun 2026 quarter. Earnings per share were ₹5.70. The operating margin was 11.0%, 4.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Enkei Wheels India's market cap? Enkei Wheels India Ltd's market capitalisation is ₹731 Cr at a share price of ₹406.45. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Enkei Wheels India performing? Enkei Wheels India Ltd's share price has been falling for 89 weeks. Over the past 13 weeks it has done better than the NIFTY 500, for 7 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Enkei Wheels India's share price go up? This page does not forecast Enkei Wheels India Ltd's share price. What it shows instead: the share price is ₹406.45, and it has been falling for 89 weeks. Its P/E of 28.6× is higher than 4% of its own last 11 years (as of 3 November 2026). ### Who owns Enkei Wheels India? Promoters own 75.0% of Enkei Wheels India Ltd, foreign institutions 0.0%, domestic institutions, and the public 25.0% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does Enkei Wheels India have too much debt? Enkei Wheels India Ltd has a moderate amount of debt: its debt is 0.88× its equity, and its operating profit is 4 times its interest bill. FY25 borrowings were ₹210 Cr against equity of ₹240 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Enkei Wheels India in its business cycle? Enkei Wheels India Ltd's FY25 operating margin was 9.0%, against a 12-year range of −1.3% to 10.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 11.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Enkei Wheels India story? The main question: yearly earnings per share moved +92.6% while the share price moved −15.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Enkei Wheels India a stock worth studying right now? What the numbers show: Enkei Wheels India Ltd's earnings have grown faster than its share price. Earnings per share grew +92.6% in a year while the price moved −15.1%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india

This is research, not advice. We’re not SEBI-registered.