StockWatch
·

ENKEI WHEELS (INDIA) LTD.

BSE: 533477

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
319.23
+6.7%+35.7%
Expenditure
305.38
+1.9%+28.9%
Net Profit
10.25
+1788.1%+698.5%
OPM %
10.73%
+4.49pp+3.50pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
-107.97157.27422.51687.75952.99Q1 FY25Q3 FY25Q4 FY25Q1 FY26Q1 FY25Q2 FY26Q2 FY25Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Enkei Wheels swings to ₹10.2 Cr Q1 profit as OPM expands to 10.7% on 37% revenue growth

auto ancillary · wheels manufacturer · margin expansion

ResultsQ1 FY2706 Aug 20263 minAutomobile
Latest
Quarterly Result6 Aug, 5:20 pm

Enkei Wheels swings to ₹10.2 Cr Q1 profit as OPM expands to 10.7% on 37% revenue growth

Enkei Wheels (India), a single-segment automotive wheels manufacturer, reported standalone revenue from operations of ₹319.03 Cr for Q1 FY27 (quarter ended June 30, 2026), up 36.8% year-on-year from ₹233.16 Cr and up 6.7% sequentially from ₹299.06 Cr. The company swung to a net profit of ₹10.25 Cr against a net loss of ₹1.71 Cr in the year-ago quarter and a loss of ₹0.61 Cr in the immediately preceding quarter — a turnaround on both counts, with basic EPS at ₹5.70 versus ₹(0.95) YoY and ₹(0.34) QoQ. The turnaround was driven by operating leverage: operating margin (OPM) expanded to 10.73% from 7.23% a year earlier and 6.28% last quarter, as the higher revenue base absorbed a comparatively contained rise in costs (total expenses rose 28.9% YoY to ₹305.38 Cr against 36.8% revenue growth). Net profit margin followed, turning positive at 3.21% versus -0.73% YoY and -0.20% QoQ. The company recorded current tax of ₹4.79 Cr this quarter versus nil/negative tax in the loss-making comparison quarters, reflecting the return to taxable profit. There were no exceptional items in the current quarter — unlike the preceding quarter and FY26, which carried small one-off provisions (₹1.26 Mn and ₹45.84 Mn respectively) tied to a change in Gratuity/Leave-encashment liability estimates under the new Labour Code — so this quarter's improvement is entirely operational rather than one-off driven. No formal management guidance or analyst/street consensus estimates were found on record for this quarter — Enkei Wheels is a small-cap auto ancillary with limited analyst coverage, and a web search turned up no Q1 FY27 preview specific to the company, so vsStreet and vsGuidance are marked unknown rather than inferred. No management press-release commentary was available beyond the standard board-meeting intimation and the unaudited results; the filing carries an unmodified limited-review report from Kirtane & Pandit LLP. Going into Q2 FY27, the sustainability of the ~10.7% OPM — above both comparison quarters — is the key marker to track, alongside whether the current-tax run-rate holds now that the company is back to taxable profit.

6 Aug 2026, 05:20 pm

Corporate Events

Board MeetingENKEIWHEL
2026
6Aug

Board Meeting

To consider and approve the unaudited financial results of t…

BSE Filing ↗
Board MeetingENKEIWHEL
2026
23Mar

Board Meeting

Intimation regarding the 17th Annual General Meeting (AGM) o…

BSE Filing ↗
Board MeetingENKEIWHEL
2026
27Feb

Board Meeting

To consider and approve audited financial results for the qu…

BSE Filing ↗
Board MeetingENKEIWHEL
2025
5Aug

Board Meeting

consider & approve unaudited financial results of the compan…

BSE Filing ↗
Board MeetingENKEIWHEL
2025
25Feb

Board Meeting

consider & approve audited financial results of the company …

BSE Filing ↗
Board MeetingENKEIWHEL
2024
7Nov

Board Meeting

consider & approve unaudited financial results of the compan…

BSE Filing ↗
Board MeetingENKEIWHEL
2024
25Apr

Board Meeting

To consider & approve unaudited financial results of the com…

BSE Filing ↗
Board MeetingENKEIWHEL
2024
23Feb

Board Meeting

To consider & approve audited financial results

BSE Filing ↗
Board MeetingENKEIWHEL
2023
30Oct

Board Meeting

Consider and approve unaudited financial results for the Qua…

BSE Filing ↗