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Balkrishna Industries NSEI:BALKRISIND Stock Report

Last Price

₹2.79k

Market Cap

₹538.4b

7D

-2.3%

1Y

11.5%

Updated

21 Dec, 2024

Data

Company Financials +

Balkrishna Industries Limited

NSEI:BALKRISIND Stock Report

Market Cap: ₹538.4b

BALKRISIND Stock Overview

Manufactures and sells tires in India, Europe, North America, and internationally. More details

BALKRISIND fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Balkrishna Industries Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Balkrishna Industries
Historical stock prices
Current Share Price₹2,790.05
52 Week High₹3,375.00
52 Week Low₹2,193.80
Beta0.78
1 Month Change2.50%
3 Month Change-9.35%
1 Year Change11.53%
3 Year Change26.68%
5 Year Change182.87%
Change since IPO2,315.52%

Recent News & Updates

Do Balkrishna Industries' (NSE:BALKRISIND) Earnings Warrant Your Attention?

Dec 13
Do Balkrishna Industries' (NSE:BALKRISIND) Earnings Warrant Your Attention?

Here's Why Balkrishna Industries (NSE:BALKRISIND) Can Manage Its Debt Responsibly

Nov 28
Here's Why Balkrishna Industries (NSE:BALKRISIND) Can Manage Its Debt Responsibly

Balkrishna Industries (NSE:BALKRISIND) Is Due To Pay A Dividend Of ₹4.00

Oct 29
Balkrishna Industries (NSE:BALKRISIND) Is Due To Pay A Dividend Of ₹4.00

Recent updates

Do Balkrishna Industries' (NSE:BALKRISIND) Earnings Warrant Your Attention?

Dec 13
Do Balkrishna Industries' (NSE:BALKRISIND) Earnings Warrant Your Attention?

Here's Why Balkrishna Industries (NSE:BALKRISIND) Can Manage Its Debt Responsibly

Nov 28
Here's Why Balkrishna Industries (NSE:BALKRISIND) Can Manage Its Debt Responsibly

Balkrishna Industries (NSE:BALKRISIND) Is Due To Pay A Dividend Of ₹4.00

Oct 29
Balkrishna Industries (NSE:BALKRISIND) Is Due To Pay A Dividend Of ₹4.00

Returns At Balkrishna Industries (NSE:BALKRISIND) Appear To Be Weighed Down

Oct 12
Returns At Balkrishna Industries (NSE:BALKRISIND) Appear To Be Weighed Down

Earnings Not Telling The Story For Balkrishna Industries Limited (NSE:BALKRISIND)

Sep 21
Earnings Not Telling The Story For Balkrishna Industries Limited (NSE:BALKRISIND)

Balkrishna Industries Limited Just Beat Revenue Estimates By 7.8%

Aug 14
Balkrishna Industries Limited Just Beat Revenue Estimates By 7.8%

Balkrishna Industries' (NSE:BALKRISIND) Dividend Will Be ₹4.00

Aug 12
Balkrishna Industries' (NSE:BALKRISIND) Dividend Will Be ₹4.00

These 4 Measures Indicate That Balkrishna Industries (NSE:BALKRISIND) Is Using Debt Reasonably Well

Jul 31
These 4 Measures Indicate That Balkrishna Industries (NSE:BALKRISIND) Is Using Debt Reasonably Well

Shareholders Will Probably Hold Off On Increasing Balkrishna Industries Limited's (NSE:BALKRISIND) CEO Compensation For The Time Being

Jul 13
Shareholders Will Probably Hold Off On Increasing Balkrishna Industries Limited's (NSE:BALKRISIND) CEO Compensation For The Time Being

We Think That There Are Some Issues For Balkrishna Industries (NSE:BALKRISIND) Beyond Its Promising Earnings

Jul 04
We Think That There Are Some Issues For Balkrishna Industries (NSE:BALKRISIND) Beyond Its Promising Earnings

Balkrishna Industries (NSE:BALKRISIND) Has Affirmed Its Dividend Of ₹4.00

Jul 03
Balkrishna Industries (NSE:BALKRISIND) Has Affirmed Its Dividend Of ₹4.00

Balkrishna Industries Limited's (NSE:BALKRISIND) 30% Price Boost Is Out Of Tune With Earnings

May 24
Balkrishna Industries Limited's (NSE:BALKRISIND) 30% Price Boost Is Out Of Tune With Earnings

Earnings Beat: Balkrishna Industries Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

May 22
Earnings Beat: Balkrishna Industries Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Here's What's Concerning About Balkrishna Industries' (NSE:BALKRISIND) Returns On Capital

May 01
Here's What's Concerning About Balkrishna Industries' (NSE:BALKRISIND) Returns On Capital

It's A Story Of Risk Vs Reward With Balkrishna Industries Limited (NSE:BALKRISIND)

Feb 29
It's A Story Of Risk Vs Reward With Balkrishna Industries Limited (NSE:BALKRISIND)

Balkrishna Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models

Jan 27
Balkrishna Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models

We Think Balkrishna Industries (NSE:BALKRISIND) Can Stay On Top Of Its Debt

Dec 24
We Think Balkrishna Industries (NSE:BALKRISIND) Can Stay On Top Of Its Debt

Shareholder Returns

BALKRISINDIN Auto ComponentsIN Market
7D-2.3%-3.9%-4.2%
1Y11.5%22.8%19.1%

Return vs Industry: BALKRISIND underperformed the Indian Auto Components industry which returned 22.8% over the past year.

Return vs Market: BALKRISIND underperformed the Indian Market which returned 19.1% over the past year.

Price Volatility

Is BALKRISIND's price volatile compared to industry and market?
BALKRISIND volatility
BALKRISIND Average Weekly Movement3.8%
Auto Components Industry Average Movement5.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: BALKRISIND has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: BALKRISIND's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19613,590Arvind Kumar Poddarwww.bkt-tires.com

Balkrishna Industries Limited manufactures and sells tires in India, Europe, North America, and internationally. It provides off-highway tires for use in various applications, such as agricultural, mining, forestry, construction, industrial, earthmoving, port, all-terrain vehicle, and turf care applications. The company was incorporated in 1961 and is headquartered in Mumbai, India.

Balkrishna Industries Limited Fundamentals Summary

How do Balkrishna Industries's earnings and revenue compare to its market cap?
BALKRISIND fundamental statistics
Market cap₹538.43b
Earnings (TTM)₹16.29b
Revenue (TTM)₹100.91b

33.1x

P/E Ratio

5.3x

P/S Ratio

Is BALKRISIND overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BALKRISIND income statement (TTM)
Revenue₹100.91b
Cost of Revenue₹49.12b
Gross Profit₹51.79b
Other Expenses₹35.50b
Earnings₹16.29b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)84.27
Gross Margin51.32%
Net Profit Margin16.14%
Debt/Equity Ratio33.2%

How did BALKRISIND perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

19%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 00:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Balkrishna Industries Limited is covered by 50 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.