Balkrishna Industries Ltd
BALKRISINDBalkrishna Industries Ltd
BALKRISINDPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
36.48 | 6.01 | 0.68% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
61.96 | 7.85 | 0.44% |
Forecast & Ratings
Detailed Forecastfrom 18 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Balkrishna Industries Limited is engaged in manufacturing a range of off-highway tires. These tires are mainly meant for agricultural, industrial and construction, earthmover and port, mining and all-terrain vehicles (ATV).
Investor Presentation
View olderPeers
Compare with peersMRF Ltd
Apollo Tyres Ltd
JK Tyre & Industries Ltd
CEAT Ltd
Kesoram Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 4,094.24 | 3,413.19 | 3,976.93 | 4,783.54 | 5,428.16 | 5,062.02 | 5,955.35 | 8,733.04 | 10,106.06 | 9,339.45 | ||||||||||
Raw Materials | 1,962.87 | 1,396.02 | 1,585.06 | 2,194.44 | 2,503.67 | 2,079.52 | 2,455.04 | 4,035.41 | 4,910.44 | 6,949.95 | ||||||||||
Power & Fuel Cost | 175.54 | 118.54 | 129.80 | 176.26 | 186.87 | 164.26 | 173.78 | 282.84 | 348.56 | |||||||||||
Employee Cost | 227.34 | 234.92 | 256.86 | 279.92 | 299.15 | 328.63 | 370.86 | 430.07 | 459.43 | |||||||||||
Selling & Administrative Expenses | 388.49 | 320.75 | 348.62 | 381.46 | 557.92 | 573.02 | 683.14 | 1,274.86 | 1,732.81 | |||||||||||
Operating & Other expenses | 335.19 | 346.54 | 271.99 | 309.19 | 358.94 | 392.67 | 289.55 | 262.99 | 600.90 | |||||||||||
EBITDA | 1,004.81 | 996.42 | 1,384.60 | 1,442.27 | 1,521.61 | 1,523.92 | 1,982.98 | 2,446.87 | 2,053.92 | 2,389.50 | ||||||||||
Depreciation/Amortization | 243.70 | 282.32 | 304.00 | 311.40 | 332.61 | 373.61 | 416.30 | 455.37 | 570.81 | 632.22 | ||||||||||
PBIT | 761.11 | 714.10 | 1,080.60 | 1,130.87 | 1,189.00 | 1,150.31 | 1,566.68 | 1,991.50 | 1,483.11 | 1,757.28 | ||||||||||
Interest & Other Items | 47.77 | 39.85 | 22.00 | 14.83 | 12.44 | 10.79 | 11.76 | 9.35 | 48.32 | 108.10 | ||||||||||
PBT | 713.34 | 674.25 | 1,058.60 | 1,116.04 | 1,176.56 | 1,139.52 | 1,554.92 | 1,982.15 | 1,434.79 | 1,649.18 | ||||||||||
Taxes & Other Items | 240.77 | 228.53 | 341.75 | 380.25 | 402.91 | 179.87 | 377.39 | 546.77 | 377.39 | 404.64 | ||||||||||
Net Income | 472.57 | 445.72 | 716.85 | 735.79 | 773.65 | 959.65 | 1,177.53 | 1,435.38 | 1,057.40 | 1,244.54 | ||||||||||
EPS | 24.45 | 23.06 | 37.08 | 38.06 | 40.02 | 49.64 | 60.91 | 74.25 | 54.70 | 64.38 | ||||||||||
DPS | 1.20 | 2.75 | 4.00 | 8.00 | 8.00 | 20.00 | 17.00 | 28.00 | 16.00 | 16.00 | ||||||||||
Payout ratio | 0.05 | 0.12 | 0.11 | 0.21 | 0.20 | 0.40 | 0.28 | 0.38 | 0.29 | 0.25 |
Company Updates
Peers & Comparison
Consumer DiscretionaryTires & Rubber
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Balkrishna Industries Ltd | 42.93 | 6.01 | 0.68% |
MRF Ltd | 71.24 | 3.72 | 0.14% |
Apollo Tyres Ltd | 27.22 | 2.33 | 0.95% |
JK Tyre & Industries Ltd | 40.06 | 3.01 | 0.47% |
Price Comparison
Compare BALKRISIND with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Balkrishna Industries Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC MUTUAL FUND MID CAP OPP FUND DIRECT GROWTH OPEN ENDED Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.5000% | Percentage of the fund’s portfolio invested in the stock 1.88% | Change in the portfolio weight of the stock over the last 3 months -0.37% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 20/71 (-3) |
Parag Parikh Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.0797% | Percentage of the fund’s portfolio invested in the stock 1.60% | Change in the portfolio weight of the stock over the last 3 months -0.47% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 17/80 (-1) |
Kotak Flexicap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1786% | Percentage of the fund’s portfolio invested in the stock 1.19% | Change in the portfolio weight of the stock over the last 3 months -0.31% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/64 (-5) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No Trend In Dividends
BALKRISIND has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.68%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹6.81 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateFeb 2, 2024
Dividend/Share
₹4.00
Ex DateEx Date
Feb 2, 2024
Cash Dividend
Ex DateEx DateOct 31, 2023
Dividend/Share
₹4.00
Ex DateEx Date
Oct 31, 2023
Cash Dividend
Ex DateEx DateAug 11, 2023
Dividend/Share
₹4.00
Ex DateEx Date
Aug 11, 2023
Cash Dividend
Ex DateEx DateJul 11, 2023
Dividend/Share
₹4.00
Ex DateEx Date
Jul 11, 2023
Cash Dividend
Ex DateEx DateFeb 17, 2023
Dividend/Share
₹4.00
Ex DateEx Date
Feb 17, 2023
News & Opinions
Balkrishna Industries- Base Finally Favorable To Drive 10%-Plus Growth For India OHT Exports: ICICI Securities
1 month ago•Bloomberg Quint
Income Tax department conducts searches at Balkrishna Industries premises in Mumbai for fifth day
1 month ago•Business Today
Balkrishna Industries Offices, Manufacturing Units Searched By IT Department
1 month ago•Bloomberg Quint
Neutral Balkrishna Industries; target of Rs 2360: Motilal Oswal
2 months ago•Moneycontrol
Balkrishna Industries Q3 Results Review - Near Term Hiccups, Long Term Positive: Dolat Capital
2 months ago•Bloomberg Quint
Trade setup for Tuesday: 15 things to know before opening bell
4 months ago•Moneycontrol
Trade setup for Wednesday: 15 things to know before opening bell
5 months ago•Moneycontrol
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 16.14%, vs industry avg of 10.14%
Increasing Market Share
Over the last 5 years, market share increased from 8.11% to 10.58%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 7.52%, vs industry avg of 5.51%