Enkei Wheels India Ltd vs Munjal Showa Ltd Stock Comparison
Enkei Wheels India Ltd vs Munjal Showa Ltd Stock Comparison
Last Updated on: May 18, 2026
Key Highlights
The Latest Trading Price of Enkei Wheels India Ltd is ₹ 405 as of 18 May 15:30
. The P/E Ratio of Enkei Wheels India Ltd changed from 37.5 on December 2021 to 170.9 on December 2025 . This represents a CAGR of 35.44% over 5 yearsThe P/E Ratio of Munjal Showa Ltd changed from 21.1 on March 2021 to 0 on December 2025 . This represents a CAGR of -100.00% over 10 years The Market Cap of Enkei Wheels India Ltd changed from ₹ 611.15 crore on December 2021 to ₹ 878.34 crore on December 2025 . This represents a CAGR of 7.52% over 5 yearsThe Market Cap of Munjal Showa Ltd changed from ₹ 552.93 crore on March 2021 to ₹ 0 crore on December 2025 . This represents a CAGR of -100.00% over 10 years The revenue of Enkei Wheels India Ltd for the Jun '26 is ₹ 299.26 crore as compare to the Mar '25 revenue of ₹ 250.41 crore. This represent the growth of 19.51% The revenue of Munjal Showa Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '25 revenue of ₹ 311.48 crore. This represent the decline of -100% The ebitda of Enkei Wheels India Ltd for the Jun '26 is ₹ 18.85 crore as compare to the Mar '25 ebitda of ₹ 25 crore. This represent the decline of -24.6% The ebitda of Munjal Showa Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '25 ebitda of ₹ 15.78 crore. This represent the decline of -100% The net profit of Enkei Wheels India Ltd changed from ₹ 8.87 crore to ₹ -0.61 crore over 8 quarters. This represents a CAGR of NaN%
The net profit of Munjal Showa Ltd changed from ₹ 11.92 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00%
The Dividend Payout of Enkei Wheels India Ltd changed from 0 % on March 2021 to 0 % on December 2025 . This represents a CAGR of 0.0% over 10 yearsThe Dividend Payout of Munjal Showa Ltd changed from 68.86 % on March 2021 to 0 % on December 2025 . This represents a CAGR of -100.00% over 10 years .
About Enkei Wheels India Ltd
Enkei Wheels (India) Limited was incorporated on March 30, 2009.
The Company obtained a Certificate of Commencement of Business on May 29 2009.
The Company is one of the leading Indian manufacturers of aluminium alloy wheels for two wheelers and four-wheelers.
The principal activities of Company are manufacturing of aluminium alloy casting wheels , mainly used in auto industry. ' Their state-of-the-art manufacturing unit in Pune has a production capacity of 2W 1,20,000 and 4W 90,000 pieces per month.
As a part of the Enkei Group, Company started the operations in Pune since year 2009, the Company came into existence through the Demerger of Alicon Castalloy Ltd (Formerly known as Enkei Castalloy Ltd.).
In 2010, Company acquired the Wheel Business of Enkei Castalloy Limited (ECL) pursuant to the Scheme of Arrangement between
Enkei Castalloy Limited and the Company.
About Munjal Showa Ltd
Munjal Showa Limited, was established in 1985 as a result of technical and financial collaboration between Hero Group and Showa Corporation, Japan.
The Collaborator has a 26% equity participation in the Company.
The Company operates as an ancillary and manufactures auto components for the two-wheeler and four-wheeler industry, primary products being Front Forks, Shock Absorbers, Struts, Gas Springs/ Rear Door, Lifters and Window Balancers for sale in domestic market.
The Company has 3 manufacturing locations, 2 in Haryana and 1 in Uttarakhand.
These units are in Gurgaon, Manesar and Haridwar.
Munjal Showa Limited in its joint venture with Showa Corporation, designs and manufacturers shock absorbers and struts for leading two-wheelers and four-wheelers.
FAQs for the comparison of Enkei Wheels India Ltd and Munjal Showa Ltd
Which company has a larger market capitalization, Enkei Wheels India Ltd or Munjal Showa Ltd?
Market cap of Enkei Wheels India Ltd is 727 Cr while Market cap of Munjal Showa Ltd is 529 Cr
What are the key factors driving the stock performance of Enkei Wheels India Ltd and Munjal Showa Ltd?
The stock performance of Enkei Wheels India Ltd and Munjal Showa Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Enkei Wheels India Ltd and Munjal Showa Ltd?
As of May 18, 2026, the Enkei Wheels India Ltd stock price is INR ₹405.0. On the other hand, Munjal Showa Ltd stock price is INR ₹132.45.
How do dividend payouts of Enkei Wheels India Ltd and Munjal Showa Ltd compare?
To compare the dividend payouts of Enkei Wheels India Ltd and Munjal Showa Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
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