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Balkrishna Inds. share price

Balkrishna Industries Ltd.

NSE: BALKRISIND BSE: 502355 SECTOR: Tyres & Allied  199k   1k   289

3051.90
+252.95 (9.04%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 3108

Today's Low

₹ 2884

52 Week High

₹ 2798.95

52 Week Low

₹ 2193.85

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

58998.47 Cr.

Enterprise Value

62214.62 Cr.

No. of Shares

19.33 Cr.

P/E

41.04

P/B

6.66

Face Value

₹ 2

Div. Yield

0.57 %

Book Value (TTM)

₹  458.41

CASH

37.78 Cr.

DEBT

3253.93 Cr.

Promoter Holding

58.29 %

EPS (TTM)

₹  74.37

Sales Growth

18.68%

ROE

14.86 %

ROCE

15.1%

Profit Growth

-23.53 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Balkrishna Industries Ltd.

Diabend OXIZEN PROBETES Aziwin Glyin Secremet and Secretag PROLIFE Telong Aclotil

Index Presence

The company is present in 27 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year18.68%
3 Year27.06%
5 Year17.14%

Profit Growth

1 Year-23.53%
3 Year4.51%
5 Year7.85%

ROE%

1 Year14.86%
3 Year19.21%
5 Year18.98%

ROCE %

1 Year15.1%
3 Year21.23%
5 Year21.28%

Debt/Equity

0.4288

Price to Cash Flow

41.71

Interest Cover Ratio

20.4995968825585

CFO/PAT (5 Yr. Avg.)

1.04904910122567

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 58.29 0
Dec 2023 58.29 0
Sep 2023 58.29 0
Jun 2023 58.29 0
Mar 2023 58.29 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 27.0608078265072% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 21.225922891923% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 20.4995968825585.
  • The Company has been maintaining an effective average operating margins of 24.347071502273% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of 56.1138237221351 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.04904910122567.
  • The company has a high promoter holding of 58.29%.

 Limitations

  • The company has shown a poor profit growth of 4.51068540157336% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 2317.63 2120.02 2225.84 2279.76 2673.08
Total Expenditure 1846.83 1638.64 1707.44 1740.76 2007.8
Operating Profit 470.8 481.38 518.4 539 665.28
Other Income 53.99 103.68 106.96 66.49 170.61
Interest 24.99 20.8 22.88 35.37 29.88
Depreciation 151.45 153.71 158.64 159.06 172.37
Exceptional Items 0 0 0 0 0
Profit Before Tax 348.35 410.55 443.84 411.06 633.64
Tax 92.8 98.27 108.45 101.97 152.79
Profit After Tax 255.55 312.28 335.39 309.09 480.85
Adjusted EPS (Rs) 13.22 16.16 17.35 15.99 24.88

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 5244.5 4782.49 5757.92 8266.71 9810.52
Total Expenditure 3932.05 3648.46 3972.03 6262.12 8066.1
Operating Profit 1312.45 1134.03 1785.89 2004.59 1744.42
Other Income 214.21 365.98 161.45 430.6 337.79
Interest 11.1 9.16 10.2 36.95 74.42
Depreciation 332.55 368.01 406.15 443.77 556.63
Exceptional Items 0 0 0 0 0
Profit Before Tax 1183.01 1122.84 1530.99 1954.47 1451.16
Tax 401.01 177.86 375.61 543.78 372.45
Net Profit 782 944.98 1155.38 1410.69 1078.71
Adjusted EPS (Rs.) 40.46 48.89 59.77 72.98 55.81

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 38.66 38.66 38.66 38.66 38.66
Total Reserves 4640.05 4989.44 5968.55 6885.89 7550.48
Borrowings 2.23 1.79 1.25 500.79 1038.09
Other N/C liabilities 366.58 236.28 260.98 306.14 393.98
Current liabilities 1382.25 1465.07 1770.72 3125.61 3251.12
Total Liabilities 6429.77 6731.24 8040.16 10857.09 12272.33
Assets
Net Block 2708.94 3191.36 3247.79 3906.76 5278.41
Capital WIP 585.42 585.56 855.52 1258.4 1391.6
Intangible WIP 0 0 0 0 0
Investments 319.6 711.97 1026.21 1212.74 1262.69
Loans & Advances 302.29 278.87 432.32 532.26 305.25
Other N/C Assets 78.2 86.46 89.75 144.04 147.41
Current Assets 2435.32 1877.02 2388.57 3802.89 3886.97
Total Assets 6429.77 6731.24 8040.16 10857.09 12272.33
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 1183.01 1122.84 1530.99 1954.47 1451.16
Adjustment 255.39 278.75 258.17 208.66 545.38
Changes in Assets & Liabilities -211.83 57.2 -77.35 -824.62 -244.3
Tax Paid -406.8 -286.03 -348.78 -457.24 -337.91
Operating Cash Flow 812.69 1163.92 1363.03 881.27 1414.33
Investing Cash Flow -621.29 -655.89 -1157.99 -1888.66 -1772.07
Financing Cash Flow -172.86 -520.94 -194.21 1002.77 359.04
Net Cash Flow 18.54 -12.91 10.83 -4.62 1.3

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 58.29 58.29 58.29 58.29 58.29
khushboo rajiv poddar 3.93 3.93 3.93 3.93 3.93
rajiv poddar 27.71 27.71 27.71 - 27.71
rishabh sureshkumar podda... 1.44 1.44 1.44 1.44 1.44
tmp enterpries llp 0.26 0.26 0.26 0.26 0.26
vkp enterprises llp 24.95 24.95 24.95 24.95 24.95
rajiv a poddar - - - 27.71 -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 41.71 41.71 41.71 41.71 41.71
dsp arbitrage fund - - - - 1.07
government pension fund g... 1.70 1.70 1.70 1.70 1.70
hdfc large and mid cap fu... 2.69 - - - 2.85
hdfc life insurance compa... 1.34 1.26 1.22 1.08 1.14
investor education and pr... - - 0.24 - 0.24
kotak emerging equity sch... 2.52 - - - 2.41
life insurance corporatio... 4.34 4.34 4.71 3.78 3.65
motilal oswal nifty 500 e... - - - 1.53 1.52
parag parikh flexi cap fu... - - 1.22 2.29 2.29
dsp nifty midcap 150 qual... - - - 1.08 -
hdfc mutual fund - hdfc m... - 2.69 - 2.70 -
investor education and pr... 0.23 0.25 - 0.24 -
kotak equity opportunitie... - - - 2.59 -
dsp quant fund - 1.33 1.27 - -
hdfc mutual fund - hdfc t... - - 2.70 - -
kotak esg opportunities f... - - 2.50 - -
motilal oswal nifty midca... - - 1.35 - -
kotak mahindra trustee co... - 2.48 - - -
motilal oswal midcap fund... - 1.35 - - -
dsp nifty midcap 150 qual... 1.27 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Balkrishna Inds. - Quaterly Results17 May 2024, 5:49PM Balkrishna Inds. - Quaterly Results17 May 2024, 5:49PM Balkrishna Inds. - Quaterly Results24 Jan 2024, 4:53PM Balkrishna Inds. - Quaterly Results24 Jan 2024, 4:53PM Balkrishna Inds. - Quaterly Results24 Jan 2024, 4:53PM Balkrishna Industries informs about conference call19 Jan 2024, 5:19PM Balkrishna Industries informs about press release2 Dec 2023, 3:41PM Balkrishna Industries informs about change in directorate25 Nov 2023, 3:56PM Balkrishna Inds. - Quaterly Results21 Oct 2023, 4:14PM Balkrishna Inds. - Quaterly Results21 Oct 2023, 4:14PM Balkrishna Inds. - Quaterly Results21 Oct 2023, 4:14PM Balkrishna Industries informs about conference call16 Oct 2023, 2:25PM Balkrishna Industries informs about earnings conference call 16 Oct 2023, 12:39PM Balkrishna Industries informs about record date for payment of interest27 Sep 2023, 1:12PM Balkrishna Inds. - Quaterly Results5 Aug 2023, 4:30PM Balkrishna Inds. - Quaterly Results5 Aug 2023, 4:30PM Balkrishna Inds. - Quaterly Results5 Aug 2023, 4:30PM Balkrishna Industries informs about press release 1 Jul 2023, 3:15PM Balkrishna Industries suspends operations at Bhuj plant14 Jun 2023, 4:25PM Balkrishna Inds. - Quaterly Results27 May 2023, 5:50PM Balkrishna Inds. - Quaterly Results27 May 2023, 5:50PM Balkrishna Industries informs about certificate14 Apr 2023, 3:37PM Balkrishna Industries informs about disclosure27 Mar 2023, 2:47PM Balkrishna Industries informs about newspaper publication 25 Mar 2023, 2:40PM Balkrishna Industries informs about transcript of conference call18 Feb 2023, 3:56PM Balkrishna Inds. - Quaterly Results11 Feb 2023, 11:49AM Balkrishna Inds. - Quaterly Results11 Feb 2023, 11:49AM Balkrishna Inds. - Quaterly Results11 Feb 2023, 11:49AM Balkrishna Industries informs about conference call6 Feb 2023, 1:15PM Balkrishna Inds. - Quaterly Results14 Nov 2022, 6:05PM Balkrishna Inds. - Quaterly Results14 Nov 2022, 6:05PM Balkrishna Inds. - Quaterly Results14 Nov 2022, 6:05PM Balkrishna Industries reports 7% fall in Q1 consolidated net profit5 Aug 2022, 11:15AM Balkrishna Inds. - Quaterly Results4 Aug 2022, 5:15PM Balkrishna Inds. - Quaterly Results4 Aug 2022, 5:15PM Balkrishna Inds. - Quaterly Results4 Aug 2022, 5:15PM Balkrishna Industries informs about closure of trading window1 Jul 2022, 1:03PM Balkrishna Industries informs about earnings call transcript18 May 2022, 4:11PM Balkrishna Inds. - Quaterly Results13 May 2022, 6:06PM Balkrishna Inds. - Quaterly Results13 May 2022, 6:06PM Balkrishna Inds. - Quaterly Results13 May 2022, 6:06PM Balkrishna Industries informs about compliance certificate 27 Apr 2022, 2:40PM Balkrishna Industries starts commercial production at Bhuj plant4 Mar 2022, 4:50PM Balkrishna Inds. - Quaterly Results14 Feb 2022, 5:29PM Balkrishna Inds. - Quaterly Results14 Feb 2022, 5:29PM Balkrishna Inds. - Quaterly Results14 Feb 2022, 5:29PM Balkrishna Industries informs about notice of postal ballot23 Nov 2021, 12:27PM Balkrishna Industries raises Rs 500 crore via NCDs 28 Oct 2021, 12:45PM Balkrishna Industries gets nod to raise Rs 1,000 crore via long-term finance27 Sep 2021, 10:13AM Balkrishna Industries informs about outcome of board meeting25 Sep 2021, 12:22PM

Balkrishna Inds. Stock Price Analysis and Quick Research Report. Is Balkrishna Inds. an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Balkrishna Inds. . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Balkrishna Inds. has a PE ratio of 41.0500596380301 which is high and comparatively overvalued .

  • Share Price: - The current share price of Balkrishna Inds. is Rs 3052.7. One can use valuation calculators of ticker to know if Balkrishna Inds. share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Balkrishna Inds. has ROA of 9.32760095151543 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Balkrishna Inds. has a Current ratio of 1.19557875439848 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Balkrishna Inds. has a ROE of 14.8647242706713 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Balkrishna Inds. has a Debt to Equity ratio of 0.4288 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Balkrishna Inds. has reported revenue growth of 18.6750230744758 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Balkrishna Inds. for the current financial year is 17.7811165972854 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Balkrishna Inds. is Rs 20 and the yield is 0.5218 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Balkrishna Inds. is Rs 74.3653 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Balkrishna Inds. in Ticker for free. Also, one can get the intrinsic value of Balkrishna Inds. by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Balkrishna Inds.

Balkrishna Industries Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Welcome to our Balkrishna Industries Ltd. stock analysis page, tailored specifically for long-term investors seeking valuable insights into the company's performance. Our website offers a range of tools and resources to evaluate various aspects of this company's stock, including share price trends, balance sheets, annual reports, dividends, quarterly results, stock price charts, news, conference calls, transcripts, investor presentations, promoters, and shareholders. In this article, we will analyze each of these topics in detail, providing investors with a comprehensive understanding of Balkrishna Industries Ltd.'s performance.

Balkrishna Industries Ltd. Share Price Analysis: 

The share price of Balkrishna Industries Ltd. plays a significant role in evaluating its performance. By analyzing historical performance and tracking share price trends, long-term investors can identify market sentiment and potential opportunities. Our pre-built screening tools enable investors to view the stock price trend, set up alerts based on specified price ranges, and analyze historical performance to make well-informed investment decisions.

Balkrishna Industries Ltd. Balance Sheet Evaluation: 

Evaluating the balance sheet of Balkrishna Industries Ltd. is essential for long-term investors to assess the company's financial health and stability. Our website provides pre-built screening tools to evaluate the company's assets, liabilities, and overall financial position. By analyzing the balance sheet, investors can assess Balkrishna Industries Ltd.'s ability to manage debt and evaluate its long-term viability. Our platform assists investors in understanding the financial strength of the company.

Balkrishna Industries Ltd. Annual Reports:

Balse Industries Ltd. publishes annual reports containing essential information for investors seeking comprehensive information on the company's performance and future prospects. Our website provides annual reports that include the CEO's letter, financial statements, and detailed discussions about key initiatives. Analyzing these reports enables investors to evaluate Balkrishna Industries Ltd.'s financial health, growth potential, and long-term viability. Our platform ensures that investors have access to and can evaluate these crucial documents.

Balkrishna Industries Ltd. Dividend Analysis: 

Dividends of Balkrishna Industries Ltd. help investors evaluate the company's financial stability and growth prospects. Our pre-built screening tools enable investors to evaluate the company's dividend policies and payouts. This analysis helps investors assess the sustainability, profitability, and potential returns of dividends, facilitating informed decisions regarding long-term investment strategies. Our platform equips investors with the tools they need to evaluate Balkrishna Industries Ltd.'s dividend performance.

Balkrishna Industries Ltd. Quarterly Results Review: 

Staying updated with Balkrishna Industries Ltd.'s financial performance is crucial for long-term stock investors. Our website provides downloadable quarterly results, allowing investors to stay informed about the company's short-term growth, financial health, and prospects. By identifying significant trends and patterns in the results, investors can gain valuable insights into Balkrishna Industries Ltd.'s financial performance and make informed decisions based on current data.

Balkrishna Industries Ltd. Stock Price Trends: 

Analyzing the stock price trends of Balkrishna Industries Ltd. helps investors identify patterns and market sentiments. Our pre-built screening tools enable investors to track the stock price trend, analyze market trends, and identify potential buying or selling opportunities. By leveraging these tools, investors can assess the growth potential of Balkrishna Industries Ltd. based on historical stock price movements. Our platform consolidates comprehensive analyses of market sentiment related to the stock.

Balkrishna Industries Ltd. Price Charts: 

Price charts provide valuable insights into the historical stock price movements of Balkrishna Industries Ltd. Our pre-built screening tools facilitate chart analysis, enabling investors to identify trends and patterns. By studying the price chart, investors can potentially understand investor behavior and market sentiment towards the stock. This analysis assists in evaluating the growth potential and market sentiment of Balkrishna Industries Ltd. shares.

Balkrishna Industries Ltd. News Update: 

Staying updated with the latest news about Balkrishna Industries Ltd. is essential for long-term stock investors. Our website offers a comprehensive collection of news articles from various reliable sources. By staying abreast of the latest developments, investors gain valuable insights into the company's operations, strategic initiatives, and potential market trends. Our platform ensures that investors have access to the latest news to make informed investment decisions.

Balkrishna Industries Ltd. Concall: 

Balkrishna Industries Ltd. conducts regular conference calls with analysts and investors, providing valuable insights into the company's operations, financial performance, and future plans. Our website provides information regarding upcoming concalls and grants access to insights from previous calls. By listening to these conference calls, investors can gain a deeper understanding of Balkrishna Industries Ltd.'s strategies, challenges, and growth prospects. Our platform enables investors to access these valuable insights conveniently.

Balkrishna Industries Ltd. Transcripts: 

Accessing transcripts of Balkrishna Industries Ltd.'s conference calls and management meetings provides investors with detailed records of important discussions. Our website offers downloadable transcripts, ensuring the availability of in-depth analyses of the company's operations, financial performance, and market outlook. By reviewing these transcripts, investors gain a comprehensive understanding of Balkrishna Industries Ltd.'s strategies, financial health, and long-term potential.

Balkrishna Industries Ltd. Investor Presentations: 

Balkrishna Industries Ltd. provides investor presentations that offer detailed information about the company's financial performance, strategic initiatives, and future plans. Investors can conveniently access these presentations on our website, enriching their knowledge about Balkrishna Industries Ltd.'s operations and growth prospects. Combined with our premium feature tools, including DCF Analysis, BVPS Analysis, Earnings Multiple Approach, and DuPont Analysis, these presentations empower investors to conduct a thorough stock analysis and make well-informed investment decisions.

Balkrishna Industries Ltd. Promoters: Evaluating 

Analyzing the holdings of Balkrishna Industries Ltd.'s promoters is critical for long-term stock investors. Our pre-built screening tools enable investors to evaluate promoter holdings, which provide insights into ownership structure and potential conflicts of interest. Understanding the significance of promoter holdings helps investors assess the strength, growth prospects, and long-term viability of Balkrishna Industries Ltd.

Balkrishna Industries Ltd. Shareholders: 

The composition of Balkrishna Industries Ltd.'s shareholder base is a crucial consideration for long-term investors. Our pre-built screening tools enable investors to analyse the shareholder base and understand the ownership structure. This analysis offers insights into potential risks and opportunities associated with the stock. Understanding the shareholder base helps investors assess the stability, growth prospects, and long-term potential of Balkrishna Industries Ltd.

Balkrishna Industries Limited ROCE

The Return on Capital Employed (ROCE) is a critical financial ratio that measures the profitability of a company's capital investments. In the case of Balkrishna Industries Limited, the ROCE provides insights into the efficiency and effectiveness of the company in generating returns from its capital investments. It is a key indicator for investors to assess the company's ability to generate profits relative to the amount of capital employed. To obtain the ROCE data for Balkrishna Industries Limited, please refer to the financials table or ratio section on this page.

Balkrishna Industries Limited EBITDA

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a commonly used measure of a company's operational performance. It provides a snapshot of a company's profitability by excluding non-operating expenses such as interest, taxes, and depreciation. For Balkrishna Industries Limited, the EBITDA figure reveals the company's ability to generate earnings solely from its core business operations. To access Balkrishna Industries Limited's EBITDA data, please refer to the financials table or ratio section above.

Balkrishna Industries Limited DPS

Dividends Per Share (DPS) is an important measure of the return on investment for shareholders. It represents the portion of a company's profits distributed to shareholders on a per-share basis. Balkrishna Industries Limited's DPS can provide insights into the company's dividend policy and its commitment to returning value to its shareholders. To find the DPS data for Balkrishna Industries Limited, please refer to the financials table or ratio section available on this page.

Balkrishna Industries Limited EPS

Earnings Per Share (EPS) is a fundamental metric used by investors to assess a company's profitability on a per-share basis. It represents the portion of a company's earnings allocated to each outstanding share of common stock. Balkrishna Industries Limited's EPS provides insights into the company's ability to generate profits for its shareholders. To obtain the EPS data for Balkrishna Industries Limited, please refer to the financials table or ratio section provided on this page.

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