Enkei Wheels (India) Limited has announced its audited financial results for the year ended December 31, 2025, under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The automotive wheels manufacturer delivered exceptional performance with significant improvements across all key financial metrics, demonstrating strong operational recovery and market positioning.

Outstanding Q3 Performance Turnaround

The third quarter results demonstrated remarkable operational turnaround with the company achieving strong profitability and margin expansion. The quarter showcased significant improvement in operational efficiency and market demand recovery, marking a complete reversal from the previous year's loss position.

Strong Annual Financial Performance

The company achieved remarkable growth in both revenue and profitability during FY25. The audited results showcase the effectiveness of operational strategies and improved market demand in the automotive wheels segment.

Fourth Quarter Performance Highlights

The fourth quarter performance demonstrated continued improvement compared to the corresponding period last year. The company successfully maintained profitability momentum established in the third quarter.

Impact of New Labour Codes

The company recorded exceptional items of ₹45.84 million during FY25, primarily related to compliance with new Labour Codes. This impact arose from the Government of India's notification of four Labour Codes on November 21, 2025, consolidating 29 existing labour laws. The incremental employee benefits cost primarily resulted from changes in wage definitions under the new regulations.

Strong Balance Sheet and Corporate Governance

The company maintained robust financial health with total assets increasing to ₹6,050.26 million as of December 31, 2025, compared to ₹5,637.48 million in the previous year. Shareholders' equity strengthened to ₹2,396.63 million from ₹2,354.34 million, reflecting improved retained earnings and financial stability.

The statutory auditors Kirtane & Pandit LLP issued an unmodified audit opinion on the financial statements, confirming the accuracy and compliance of the reported results with applicable accounting standards and regulatory requirements.

Enkei wheels (India) Limited has announced a key senior management appointment, strengthening its leadership team with the addition of an experienced industry professional. The company disclosed this development in compliance with regulatory requirements on February 27, 2026.

Board Ratifies Senior Management Appointment

The Board of Directors has ratified the appointment of Mr. Sandeep Ohol as Senior Vice President, designated as Senior Management Personnel, effective January 1, 2026. This decision was made based on the recommendation of the Nomination, Remuneration & Compensation Committee, following established corporate governance protocols.

Professional Background and Experience

Mr. Sandeep Ohol brings substantial industry expertise to his new role, with approximately 3 decades of experience in the sector. His professional qualifications and extensive background position him well for the senior management responsibilities. Notably, he has been associated with Enkei Wheels (India) Limited since the company's incorporation, providing him with deep institutional knowledge and understanding of the organization's operations and culture.

Regulatory Compliance and Disclosure

The appointment disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has ensured full compliance with applicable SEBI circulars and regulatory requirements. Additionally, the information has been made available on the company's official website at www.enkei.in for stakeholder access.

The disclosure follows the requisite format as specified under Regulation 30 read with Schedule III of the SEBI Listing Regulations, ensuring transparency in corporate governance practices. Company Secretary & Compliance Officer Sourav Chowdhury signed the regulatory filing, confirming the appointment details and compliance with all applicable regulations.