Enkei Wheels Q3 FY26 – Strong Turnaround with Margin Expansion

Enkei Wheels reported a solid December 2025 quarter, delivering healthy revenue growth and a sharp improvement in profitability, supported by operating leverage and recovery from last year’s loss base. • Sales: ↑ 26% YoY to ₹245 crore (vs ₹195 crore in Dec 2024) • EBIDT: ↑ 213% YoY to ₹24.6 crore (vs ₹7.85 crore) • Net Profit: ↑ 365% YoY to ₹4.21 crore (vs -₹2.97 crore) • EPS: ↑ 242% YoY to ₹2.34 (vs -₹1.65) At a price of ₹472, market cap ₹848 crore, and PE 122.1, Enkei Wheels reflects a meaningful earnings recovery driven by strong margin expansion, though valuations indicate the market is factoring in sustained profitability improvement ahead.