Balkrishna Ind. - Balkrishna Industries Share Price

  • 3,177.5029.70 (0.95%)
NSE
  • Closed
  • As On: 05 Jul, 2024, 03:57 PM IST
STOCK SCORE
Unlock Scores
Add to Watchlist
  • Open3,148.00
  • High3,195.00
  • Low3,132.05
  • Prev Close3,147.80
  • Volume1,22,584
  • VWAP(₹)3,174.15

Balkrishna Ind. share price insights

Rank 203 - ET 5002023 ranking

  • Quarterly Topline Performance

    Company witnessed QoQ revenue growth of 21.91%, which is highest in the last 3 years. (Source: Consolidated Financials)

  • Buy Signal: Bulls back on track

    20 day moving crossover appeared on Jul 05, 2024. Average price gain of 3.94% within 7 days of this signal in last 5 years.

  • Stock Returns vs Nifty 100

    Stock gave a 3 year return of 41.3% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)

  • Topline Contraction

    Sales de-grew by 2.85%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)

  • Balkrishna Ind. Share Price Update

    Balkrishna Industries Ltd. share price moved up by 0.95% from its previous close of Rs 3,147.80. Balkrishna Industries Ltd. stock last traded price is 3,177.50

    Share PriceValue
    Today/Current/Last3,177.50
    Previous Day3,147.80

Balkrishna Ind. Share Price Returns

1 Day0.95%
1 Month1.75%
3 Months32.15%
1 Year31.4%
3 Years38.6%
5 Years331.17%

Key Metrics

PE Ratio(x)41.74
EPS - TTM(₹)76.12
MCap(₹ Cr.)61,426.54
MCap Rank1
PB Ratio(x)6.87
Div Yield(%)0.50
Face Value(₹)2.00
52W High(₹)3,363.95
52W Low(₹)2,193.80
MCap/Sales4.78
Beta(1 Month)1.33
BV/Share(₹)457.99

Balkrishna Ind. Share Recommendations

Mean recosCurrent
HOLD

18 Analysts

Strong
SellSellHoldBuyStrong
Buy
Analyst Trends
RatingsCurrent1W Ago1M Ago3M Ago
Strong Buy2223
Buy3441
Hold5434
Sell3445
Strong Sell5445
# Analysts18181718
View all Stock Recommendations
ADVERTISEMENT

Balkrishna Ind. News & Analysis

View all Balkrishna Ind. Share News & Announcements
ADVERTISEMENT

Balkrishna Ind. Financials

Consolidated
  • Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Total Income2,852.662,340.042,360.282,265.112,374.02
    Total Income Growth (%)21.91-0.864.20-4.597.40
    Total Expenses2,174.951,894.661,880.911,813.701,992.90
    Total Expenses Growth (%)14.790.733.71-8.99-2.54
    EBIT677.71445.38479.37451.41381.12
    EBIT Growth (%)52.16-7.096.1918.44130.01
    Profit after Tax (PAT)486.75305.42347.44331.88259.80
    PAT Growth (%)59.37-12.094.6927.74139.71
    EBIT Margin (%)23.7619.0320.3119.9316.05
    Net Profit Margin (%)17.0613.0514.7214.6510.94
    Basic EPS (₹)25.1815.8017.9717.1713.44
    Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Total Income2,843.692,346.252,332.802,223.702,371.62
    Total Income Growth (%)21.200.584.91-6.248.52
    Total Expenses2,180.171,899.821,866.081,792.351,998.28
    Total Expenses Growth (%)14.761.814.11-10.31-1.56
    EBIT663.52446.43466.72431.35373.34
    EBIT Growth (%)48.63-4.358.2015.54140.18
    Profit after Tax (PAT)480.85309.09335.39312.28255.55
    PAT Growth (%)55.57-7.847.4022.20156.52
    EBIT Margin (%)23.3319.0320.0119.4015.74
    Net Profit Margin (%)16.9113.1714.3814.0410.78
    Basic EPS (₹)24.8815.9917.3516.1513.22
    FY 2024FY 2023FY 2022FY 2021FY 2020
    Total Revenue9,818.0910,106.068,733.045,955.355,062.02
    Total Revenue Growth (%)-2.8515.7246.6417.65-6.75
    Total Expenses7,877.098,671.276,750.894,400.433,922.50
    Total Expenses Growth (%)-9.1628.4553.4112.18-7.74
    Profit after Tax (PAT)1,471.491,057.401,435.381,177.53959.65
    PAT Growth (%)39.16-26.3321.9022.7024.04
    Operating Profit Margin (%)21.9215.1924.0027.0823.86
    Net Profit Margin (%)15.7010.8317.3020.3619.94
    Basic EPS (₹)76.1254.7074.2560.9149.64
    FY 2024FY 2023FY 2022FY 2021FY 2020
    Total Revenue9,746.4410,148.318,697.315,919.375,031.26
    Total Revenue Growth (%)-3.9616.6846.9317.65-7.83
    Total Expenses7,847.358,697.156,742.844,388.383,908.42
    Total Expenses Growth (%)-9.7728.9853.6512.28-8.59
    Profit after Tax (PAT)1,437.611,078.711,410.691,155.38944.98
    PAT Growth (%)33.27-23.5322.1022.2720.84
    Operating Profit Margin (%)21.5915.2523.7326.7523.63
    Net Profit Margin (%)15.4610.9917.0620.0619.75
    Basic EPS (₹)74.3755.8072.9759.7748.88

    All figures in Rs Cr, unless mentioned otherwise

    Insights

    • Quarterly Topline Performance

      Company witnessed QoQ revenue growth of 21.91%, which is highest in the last 3 years. (Source: Consolidated Financials)

    • Topline Contraction

      Sales de-grew by 2.85%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)
  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Total Assets13,684.5412,347.6610,978.988,166.496,806.35
    Total Assets Growth (%)10.8312.4734.4419.985.05
    Total Liabilities4,830.724,790.734,045.972,166.671,798.07
    Total Liabilities Growth (%)0.8318.4186.7420.50-1.49
    Total Equity8,853.827,556.936,933.015,999.825,008.28
    Total Equity Growth (%)17.169.0015.5519.807.62
    Current Ratio (x)1.271.171.201.311.23
    Total Debt to Equity (x)0.350.440.360.170.19
    Contingent Liabilities1,678.241,419.061,320.751,292.631,041.22
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Total Assets13,604.9912,272.3310,857.098,040.166,731.24
    Total Assets Growth (%)10.8613.0435.0419.454.69
    Total Liabilities4,743.064,683.193,932.542,032.951,703.14
    Total Liabilities Growth (%)1.2819.0993.4419.36-2.74
    Total Equity8,861.937,589.146,924.556,007.215,028.10
    Total Equity Growth (%)16.779.6015.2719.477.47
    Current Ratio (x)1.281.201.221.351.28
    Total Debt to Equity (x)0.340.430.350.150.17
    Contingent Liabilities1,736.781,506.642,128.181,399.441,110.56

    All figures in Rs Cr, unless mentioned otherwise

  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Net Cash flow from Operating Activities2,082.641,447.97908.041,339.031,173.14
    Net Cash used in Investing Activities-1,475.54-1,783.09-1,897.49-1,173.42-677.76
    Net Cash flow from Financing Activities-601.88358.54980.36-158.06-494.69
    Net Cash Flow5.3223.39-9.018.100.65
    Closing Cash & Cash Equivalent74.6269.3045.9154.9246.82
    Closing Cash & Cash Equivalent Growth (%)7.6850.95-16.4117.301.41
    Total Debt/ CFO (x)1.492.312.780.750.79
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Net Cash flow from Operating Activities2,052.471,414.33881.271,363.031,163.92
    Net Cash used in Investing Activities-1,467.90-1,772.04-1,888.75-1,158.54-655.86
    Net Cash flow from Financing Activities-568.04359.041,002.77-194.21-520.94
    Net Cash Flow16.631.30-4.6210.83-12.91
    Closing Cash & Cash Equivalent47.3830.7529.4534.0723.24
    Closing Cash & Cash Equivalent Growth (%)54.084.41-13.5646.60-35.71
    Total Debt/ CFO (x)1.482.302.770.660.74

    All figures in Rs Cr, unless mentioned otherwise

    Insights

    • Decrease in Cash from Investing

      Company has used Rs 1475.54 cr for investing activities which is an YoY decrease of 17.25%. (Source: Consolidated Financials)
  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Return on Equity (%)16.6113.9920.7019.6219.16
    Return on Capital Employed (%)20.4816.4725.7125.0021.88
    Return on Assets (%)10.758.5613.0714.4114.09
    Interest Coverage Ratio (x)23.9642.75267.40137.64129.04
    Asset Turnover Ratio (x)0.720.840.8770.8170.68
    Price to Earnings (x)30.4935.7128.8227.7815.95
    Price to Book (x)5.064.995.965.453.05
    EV/EBITDA (x)17.6819.9617.9116.9510.61
    EBITDA Margin (%)28.8621.0429.4934.2831.63
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Return on Equity (%)16.2214.2120.3719.2318.79
    Return on Capital Employed (%)20.0316.5925.3824.5721.45
    Return on Assets (%)10.568.7812.9914.3714.03
    Interest Coverage Ratio (x)24.3444.99306.12156.91155.45
    Asset Turnover Ratio (x)0.720.850.8771.6171.04
    Price to Earnings (x)31.2535.0929.3328.3316.21
    Price to Book (x)5.064.975.975.443.04
    EV/EBITDA (x)18.0219.9418.1817.2110.75
    EBITDA Margin (%)28.5120.9329.1033.8131.32
ADVERTISEMENT

Peer Comparison

Insights

  • Stock Returns vs Nifty 100

    Stock gave a 3 year return of 41.3% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)

  • Stock Returns vs Nifty Auto

    Stock generated 41.3% return as compared to Nifty Auto which gave investors 133.08% return over 3 year time period. (as of last trading session)

Mutual Funds Ownership

MF Ownership as on 31 May 2024

View all Mutual Fund Schemes
ADVERTISEMENT

Balkrishna Ind. Futures & Options

  • DatePriceOpen Interest

    25-07-2024Current

    88.8015.80 (21.64%)

    16,5003,600 (21.82%)

    75.00
    Open
    100.40
    High
    74.05
    Low
    73.00
    Close
    132
    Contracts Traded
    1,295.15
    Turnover (₹ Lakhs)

    Open Interest as of 05 Jul 2024

  • DatePriceOpen Interest

    25-07-2024Current

    3,189.1536.60 (1.16%)

    19,95,600-32,100 (-1.61%)

    3,152.70
    Open
    3,206.20
    High
    3,141.00
    Low
    3,152.55
    Prev Close
    1,420
    Contracts Traded
    13,565.10
    Turnover (₹ Lakhs)

    Open Interest as of 05 Jul 2024

Corporate Actions

  • Final

    200%

    May 17, 2024

    Board Meeting

    Audited Results & Final Dividend

    May 10, 2024

    Board Meeting

    Quarterly Results & 3rd Interim Dividend

    Jan 17, 2024

  • Announced onMeeting on
    May 10, 2024May 17, 2024
    Audited Results & Final Dividend
    Jan 17, 2024Jan 24, 2024
    Quarterly Results & 3rd Interim Dividend
    Oct 13, 2023Oct 21, 2023
    Quarterly Results & Interim Dividend
    Jul 28, 2023Aug 05, 2023
    Quarterly Results & Interim Dividend
    May 19, 2023May 27, 2023
    Audited Results & Final Dividend
  • Announced onEx-DateDividend%
    May 17, 2024Jul 05, 2024200%
    Jan 17, 2024Feb 02, 2024200%
    Oct 13, 2023Oct 31, 2023200%
    Jul 31, 2023Aug 11, 2023200%
    May 29, 2023Jul 11, 2023200%
  • Announced onEx-Date
    Nov 08, 2017Dec 21, 2017
    Bonus Ratio: 1 share(s) for every 1 shares held
    May 16, 2005Aug 19, 2005
    Bonus Ratio: 1 share(s) for every 2 shares held
    Oct 30, 2003Jan 09, 2004
    Bonus Ratio: 1 share(s) for every 1 shares held
    Jul 22, 1994Aug 12, 1994
    Bonus Ratio: 1 share(s) for every 1 shares held
    Sep 30, 1992Dec 16, 1991
    Bonus Ratio: 1 share(s) for every 1 shares held
  • Announced onEx-Date
    Oct 30, 2010Dec 20, 2010
    Split: Old FV10.0| New FV:2.0

  • No Data Available

  • Announced onMeeting on
    Nov 28, 2023Dec 31, 2023
    -
    May 27, 2023Jul 22, 2023
    -
    May 13, 2022Jul 07, 2022
    -
    Jun 07, 2021Jun 30, 2021
    -
    Jul 24, 2020Aug 12, 2020
    -
ADVERTISEMENT

About

Balkrishna Industries Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 61,426.54 Crore) operating in Tyres sector.

Balkrishna Industries Ltd. key Products/Revenue Segments include Tyres & Tubes, Scrap, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2024.

For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 2,852.66 Crore, up 21.91 % from last quarter Total Income of Rs 2,340.04 Crore and up 20.16 % from last year same quarter Total Income of Rs 2,374.02 Crore. Company has reported net profit after tax of Rs 486.75 Crore in latest quarter.

The company’s top management includes Mr.Arvind Poddar, Mr.Rajiv Poddar, Mr.Vipul Shah, Mr.Laxmidas Merchant, Mr.Pannkaj Ghadiali, Mr.Rahul Dutt, Ms.Shruti Shah, Mrs.Vijaylaxmi Poddar, Mr.Madhusudan Bajaj. Company has N G Thakrar & Co as its auditors. As on 31-03-2024, the company has a total of 19.33 Crore shares outstanding.

About Balkrishna Ind.

Balkrishna Industries Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 61,426.54 Crore) operating in Tyres sector. Balkrishna Industries Ltd. key Products/Revenue Segments include Tyres & Tubes, Scrap, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2024.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 2,852.66 Crore, up 21.91 % from last quarter Total Income of Rs 2,340.04 Crore and up 20.16 % from last year same quarter Total Income of Rs 2,374.02 Crore. Company has reported net profit after tax of Rs 486.75 Crore in latest quarter.The company’s top management includes Mr.Arvind Poddar, Mr.Rajiv Poddar, Mr.Vipul Shah, Mr.Laxmidas Merchant, Mr.Pannkaj Ghadiali, Mr.Rahul Dutt, Ms.Shruti Shah, Mrs.Vijaylaxmi Poddar, Mr.Madhusudan Bajaj. Company has N G Thakrar & Co as its auditors. As on 31-03-2024, the company has a total of 19.33 Crore shares outstanding.

Industry

Tyres & Tubes

Key Indices Listed On

Nifty Midcap 50, Nifty Midcap 100, Nifty 200, Nifty 500, BSE 500

Address

B-66, Waluj MIDC,Waluj Industrial Area,Chhatrapati Sambhaji NagarAurangabad, Maharashtra - 431136

Contact

shares@bkt-tires.com

http://www.bkt-tires.com

Executive Leadership

AP

Arvind Poddar

Chairman & Managing Director
RP

Rajiv Poddar

Joint Managing Director
VS

Vipul Shah

Whole Time Director & Co. Secretary
LM

Laxmidas Merchant

Non Exe. & Ind. Director
Show More

Auditors

Jayantilal Thakkar & Co.
N G Thakrar & Co

FAQs about Balkrishna Ind. share

  • 1. What is Balkrishna Ind. share price and what are the returns for Balkrishna Ind. share?
    Balkrishna Ind. share price was Rs 3,177.50 as on 05 Jul, 2024, 03:57 PM IST. Balkrishna Ind. share price was up by 0.95% based on previous share price of Rs. 3112.3. In last 1 Month, Balkrishna Ind. share price moved up by 1.75%.
  • 2. Who is the chairman of Balkrishna Ind.?
    Arvind Poddar is the Chairman & Managing Director of Balkrishna Ind.
  • 3. Is Balkrishna Ind. giving dividend?
    An equity Final dividend of Rs 4 per share was declared by Balkrishna Industries Ltd. on 17 May 2024. So, company has declared a dividend of 200% on face value of Rs 2 per share. The ex dividend date was 05 Jul 2024.
  • 4. Is Balkrishna Ind. a good buy?
    As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 18 analysts for Balkrishna Ind. stock is to Hold. Recommendation breakup is as follows
    • 2 analysts are recommending Strong Buy
    • 3 analysts are recommending to Buy
    • 5 analysts are recommending to Hold
    • 4 analysts are recommending to Sell
    • 4 analysts are recommending Strong Sell
  • 5. What are the key metrics to analyse Balkrishna Ind. Share Price?
    Key Metrics for Balkrishna Ind. are:
    • PE Ratio of Balkrishna Ind. is 41.74
    • Price/Sales ratio of Balkrishna Ind. is 4.78
    • Price to Book ratio of Balkrishna Ind. is 6.87
  • 6. What is the market cap of Balkrishna Ind.?
    Market Capitalization of Balkrishna Ind. stock is Rs 61,426.54 Cr.
  • 7. Who are peers to compare Balkrishna Ind. share price?
    Top 7 Peers for Balkrishna Ind. are MRF Ltd., Apollo Tyres Ltd., JK Tyre & Industries Ltd., Ceat Ltd., TVS Srichakra Ltd., Goodyear India Ltd. and Modi Rubber Ltd.
  • 8. What are the Balkrishna Ind. quarterly results?
    On Consoldiated basis, Balkrishna Ind. reported a total income and profit of Rs 2852.66 Cr and Rs 486.75 respectively for quarter ending 2024-03-31. Total Income and profit for the year ending 2024-03-31 was Rs 9818.09 Cr and Rs 1471.49 Cr.
  • 9. Who owns Balkrishna Ind.?
      • Promoter holding has not changed in last 9 months and holds 58.29 stake as on 31 Mar 2024
      • Domestic Institutional Investors holding has gone up from 20.9 (30 Jun 2023) to 21.96 (31 Mar 2024)
      • Foreign Institutional Investors holding have gone down from 12.4 (30 Jun 2023) to 12.24 (31 Mar 2024)
      • Other investor holding have gone down from 8.4 (30 Jun 2023) to 7.5 (31 Mar 2024)
  • 10. What has been highest price of Balkrishna Ind. share in last 52 weeks?
    In last 52 weeks Balkrishna Ind. share had a high price of Rs 3,363.95 and low price of Rs 2,193.80
  • 11. What are the returns for Balkrishna Ind. share?
    Return Performance of Balkrishna Ind. Shares:
    • 1 Week: Balkrishna Ind. share price moved down by 1.59%
    • 1 Month: Balkrishna Ind. share price moved up by 1.75%
    • 3 Month: Balkrishna Ind. share price moved up by 32.15%
    • 6 Month: Balkrishna Ind. share price moved up by 23.23%
  • 12. What is the PE & PB ratio of Balkrishna Ind.?
    The PE ratio of Balkrishna Ind. stands at 40.99, while the PB ratio is 6.81.
  • 13. What is the CAGR of Balkrishna Ind.?
    The CAGR of Balkrishna Ind. is 12.82.

Equity Quick Links

Top Gainers
Top Losers
Stock Recommendations
Stock Screener
Candlestick Screener
Upcoming Dividends
Volume Shockers
Hourly losers
Hourly gainers
Midcap stocks
Smallcap stocks
Largecap stocks
Sensex
Nifty
NSE
BSE
MCX Live

More from Markets

IPO
Stock market news
Budget 2022 Live Updates
Cryptocurrency
Currency converter
NSE holiday list

Trending in Markets

DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

DISCLAIMER: Any and all content on this website including tools/analysis is provided to you only for convenience and on an “as-is, as- available” basis without representation and warranties of any kind. The content and any output of such tools/analysis is for informational purposes only and should not be relied upon or construed as an investment advice or guarantee for any specific performance/returns advice or considered as recommendation for the purchase or sale of any security or investment. You are advised to exercise caution, discretion and independent judgment with regards to the same and seek advice from professionals and certified experts before taking any decisions.

By using this site, you agree to the Terms of Service and Privacy Policy.

ADVERTISEMENT
Business News › Markets › Stocks › Stock Price Quotes › Balkrishna Industries Ltd. Share Price

Browse Companies

ABCDEFGHIJKLMNOPQRSTUVWXYZ
123456789

Trending Now

Popular Categories

Hot on Web

In Case you missed it

More from our network

Download ET APP


Follow us on


Powered by

become a member

Terms of Use & Grievance Redressal Policy
DNPA Code of Ethics|Privacy Policy|Archive | Do Not Sell My Info|Delete Data|Feedback|

Copyright © 2024 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights:
Times Syndication Service