Enkei Wheels India Ltd

Enkei Wheels India Ltd (533477)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return5.69 %
3 Month Return4.15 %
1 Year Return26.06 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 58
Rank 58
Rank 65
Dividend Yield
Rank 42
Rank 78
Price To Book Ratio
Rank 49
Debt To Asset
Rank 65

Company Information

Enkei Wheels India Ltd operates into only one business segment viz. manufacturing of aluminum alloy castings wheels mainly used in auto industry.Enkei Wheels India Ltd was incorporated on March 30 2009 as Enkei Wheels India Limited. The company obtained a Certificate of Commencement of Business on May 29 2009. Pursuant to Scheme of Arrangement between Enkei Castalloy Limited and the company as approved by the Honble High Court of Judicature at Bombay vide its order dated Feburary 26 2010 the wheel business of Enkei Castalloy Limited was vested with the company. The resulting company was incorporated with the primary objective of taking over of Wheel Business of the demerged company under the scheme on going concern basis.The Company during the period ended March 31 2010 restarted MAP1 and also constructed ETP/STP. The entire expansion was funded from internal accruals and term loans.During the year 201011 the company has commissioned Map3 and relocated the Map1 line from Alicon Castalloy Ltd. Further the company acquired the land adjacent to their premises admeasuring approx 9.12 acres for setting up new Paint Shop and Map Lines.
OrganisationEnkei Wheels India Ltd
IndustryAuto Ancillaries