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Enkei Wheels (India) Limited (ENKEIWHEL) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹6.5B

EW Enkei Wheels (India) Limited ENKEIWHEL · BSE
Price₹364.15
Fair Value₹124.59
Upside-65.8%
Quality52/100
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Evidence: High Range ₹52.42 – ₹146.93

Fair value as of: Jul 5, 2026

From 24 valuation models · updated today

Share price −9.0% over the past month.

Price vs Fair Value (12 months)

₹537.20 ₹342.45 Fair Value ₹124.59 Jul 2025 Jul 2026

12‑month range ₹342.45 – ₹537.20 · fair‑value band ₹52.42 – ₹146.93 · the ₹364.15 price screens above the ₹124.59 fair value. As of Jul 5, 2026.

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Analysis

Enkei Wheels (India) Limited (ENKEIWHEL) currently trades at ₹364.15, while our model-based Fair Value estimate is ₹124.59 — implying the stock looks roughly 65.8% overvalued today. We read business quality at 52/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Enkei Wheels (India) Limited generated revenue of ₹3.7B at a net margin of 4.0%. Revenue grew 31.2% year over year. It earns a return on equity of 10.1%. Net debt stands at ₹2.1B. Fundamentals as of Jul 5, 2026

Our scenario range runs from ₹52.42 (bear case) to ₹146.93 (bull case); at ₹364.15, the current price sits above that range. The share trades about 36% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -62% fair-value upside — at -66%, ENKEIWHEL screens richer than that median.

Key figures & financial health

Revenue (TTM) ₹3.7B
Revenue growth (YoY) +31.2%
Net margin 4.0%
Return on equity 10.1%
Free cash flow ₹155M FY2025
P/E ratio 66.7
More key figures
Operating margin 1.4%
EPS (TTM) ₹5.46
Net debt ₹2.1B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Enkei Wheels (India) Limited manufactures and sells aluminum alloy casting wheels for use in the automobile industry in India. The company offers aluminum alloy wheels for use in two wheelers and four wheelers. It also exports its products. The company was incorporated in 2009 and is based in Pune, India.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Enkei Wheels (India) Limited reported revenue of ₹9.6B in FY2025 versus ₹4.4B in FY2021, a compound +21.2%/yr. Reported net income was ₹51.3M in FY2025, compounding −25.1%/yr from FY2021.

Revenue +21.2%/yr
FY21 ₹4.4B
FY22 ₹6.5B
FY23 ₹7.1B
FY24 ₹8.3B
FY25 ₹9.6B
Net income −25.1%/yr
FY21 ₹163M
FY22 ₹37.1M
FY23 ₹117M
FY24 ₹26.6M
FY25 ₹51.3M

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Cite: Fair Value Calculator (2026). "Enkei Wheels (India) Limited Fair Value". https://www.fairvalue-calculator.com/stock/ENKEIWHEL

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Frequently asked questions

Is Enkei Wheels (India) Limited (ENKEIWHEL) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹124.59 versus a price of ₹364.15 — about −66% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ENKEIWHEL?
Our model-based fair value for Enkei Wheels (India) Limited is ₹124.59 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹364.15.
What is the quality score of ENKEIWHEL?
Enkei Wheels (India) Limited has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Enkei Wheels (India) Limited (ENKEIWHEL)?
Enkei Wheels (India) Limited reported trailing-twelve-month revenue of about ₹3.7B (latest available figure, as of Jul 5, 2026).
What is the net profit margin of ENKEIWHEL?
The net profit margin of Enkei Wheels (India) Limited is about 4.0%, meaning it keeps roughly 4.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.