Enkei Wheels (India) (BOM:533477) Interest Coverage: 0.85 (As of Mar. 2026) — 70% Below Median

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BOM:533477 Enkei Wheels (India) Ltd BOM:533477
73 GF Score
Price ₹363.60
GF Value ₹833.95
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Enkei Wheels (India) Interest Coverage?

Enkei Wheels (India) BOM:533477 -0.37% 73 Interest Coverage is 0.85 as of Mar. 2026, which is 70% below its 10-year median of 2.82. GuruFocus rates BOM:533477 with a GF Score™ of 73/100 and a GF Value™ of ₹833.95 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,067 Vehicles & Parts companies, Enkei Wheels (India) ranks worse than 87.91% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Enkei Wheels (India)'s Operating Income for the three months ended in Mar. 2026 was ₹42 Mil. Enkei Wheels (India)'s Interest Expense for the three months ended in Mar. 2026 was ₹-49 Mil. Enkei Wheels (India)'s interest coverage for the quarter that ended in Mar. 2026 was 0.85. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Enkei Wheels (India)'s Interest Coverage or its related term are showing as below:

BOM:533477' s Interest Coverage Range Over the Past 10 Years
Min: 0.81   Med: 2.82   Max: 8.34
Current: 1.49


BOM:533477's Interest Coverage is ranked worse than
87.91% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 8.41 vs BOM:533477: 1.49

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Enkei Wheels (India)  (BOM:533477) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Enkei Wheels (India) Interest Coverage Related Terms


Enkei Wheels (India) Interest Coverage Historical Data

* Premium members only.

The historical data trend for Enkei Wheels (India)'s Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Enkei Wheels (India) Interest Coverage Chart

Enkei Wheels (India) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 1.18 1.90 0.81 1.54

Enkei Wheels (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.38 3.00 1.99 0.85

BOM:533477 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Enkei Wheels (India)'s Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enkei Wheels (India) Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Enkei Wheels (India)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Enkei Wheels (India)'s Interest Coverage falls into.


BOM:533477
73GF Score
Enkei Wheels (India) Ltd BOM:533477
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enkei Wheels (India) Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Enkei Wheels (India)'s Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Enkei Wheels (India)'s Interest Expense was ₹-205 Mil. Its Operating Income was ₹316 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹935 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*316.11/-204.9
=1.54

Enkei Wheels (India)'s Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Enkei Wheels (India)'s Interest Expense was ₹-49 Mil. Its Operating Income was ₹42 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*42.07/-49.27
=0.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.85 mean?
Enkei Wheels (India) (BOM:533477) has a Interest Coverage of 0.85 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Enkei Wheels (India) and its competitors. This is 70% below median its historical median of 2.82. Over the past decade, Enkei Wheels (India)'s Interest Coverage has ranged from 0.81 to 8.34. According to the industry distribution chart, Enkei Wheels (India) ranks #938 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 87.9%.
Is Enkei Wheels (India)'s Interest Coverage too high?
Enkei Wheels (India)'s current Interest Coverage of 0.85 is 70% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 8.34. The Vehicles & Parts industry median Interest Coverage is 8.41. Enkei Wheels (India)'s value of 0.85 is 89.9% below this industry median. Based on the distribution chart, Enkei Wheels (India) ranks #938 out of 1067 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Enkei Wheels (India) has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enkei Wheels (India)'s Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Enkei Wheels (India) ranks #938 out of 1067 companies for Interest Coverage. This places Enkei Wheels (India) in the lower half of its industry. The industry median Interest Coverage is 8.41. Enkei Wheels (India)'s value of 0.85 is 89.9% below this benchmark. Historically, Enkei Wheels (India)'s own Interest Coverage has ranged from 0.81 to 8.34 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 8.41, Enkei Wheels (India) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.41, based on 1,067 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enkei Wheels (India)'s current Interest Coverage of 0.85 is 89.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Enkei Wheels (India) and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enkei Wheels (India)'s current Interest Coverage is 0.85, which is 70% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enkei Wheels (India) stock overvalued right now?
Based on GuruFocus' analysis, Enkei Wheels (India) (BOM:533477) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹833.95, compared to a current price of ₹363.60 — trading 56.4% below its estimated fair value. The current Interest Coverage is 0.85, which is 70% below median its 10-year median of 2.82 and 89.9% below the Vehicles & Parts industry median of 8.41. Enkei Wheels (India)'s overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Enkei Wheels (India) (BOM:533477), the current Interest Coverage is 0.85 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enkei Wheels (India) (BOM:533477) Overvalued in 2026?

Based on GuruFocus' analysis, Enkei Wheels (India) stock appears to be undervalued. The current stock price of ₹363.60 is trading 56.4% below its estimated GF Value™ of ₹833.95. GuruFocus considers Enkei Wheels (India) to be Significantly Undervalued.

Key valuation signals for BOM:533477:

  • Interest Coverage: 0.85 (70% below median its 10-year median of 2.82)
  • GF Value™: ₹833.95 vs. price of ₹363.60 (56.4% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 89.9% below the Vehicles & Parts median (#938 of 1067)

No single metric tells the full story. See the BOM:533477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enkei Wheels (India) Business Description

Address Gat No. 1425, Village Shikrapur, Taluka Shirur, Pune, IND, 412208
Enkei Wheels (India) Ltd is involved in the manufacturing of aluminum alloy casting wheels for two-wheelers as well as four-wheelers. The company only operating business segment that is manufacture and sale of Alloy Wheels. It sells its product in two forms that are manufactured goods; which consist of wheels for two and four-wheeler vehicles, and traded goods; which include wheels for four-wheelers and accessories.
73GF Score

Get the complete analysis for BOM:533477

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹363.60
Price
₹833.95
GF Value