Balkrishna Industries Balance Sheet Health
Financial Health criteria checks 5/6
Balkrishna Industries has a total shareholder equity of ₹94.0B and total debt of ₹31.2B, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are ₹145.0B and ₹51.0B respectively. Balkrishna Industries's EBIT is ₹18.0B making its interest coverage ratio 28.3. It has cash and short-term investments of ₹17.1B.
Key information
33.2%
Debt to equity ratio
₹31.18b
Debt
| Interest coverage ratio | 28.3x |
| Cash | ₹17.11b |
| Equity | ₹93.99b |
| Total liabilities | ₹51.03b |
| Total assets | ₹145.01b |
Recent financial health updates
Here's Why Balkrishna Industries (NSE:BALKRISIND) Can Manage Its Debt Responsibly
Nov 28
These 4 Measures Indicate That Balkrishna Industries (NSE:BALKRISIND) Is Using Debt Reasonably Well
Jul 31Recent updates
Do Balkrishna Industries' (NSE:BALKRISIND) Earnings Warrant Your Attention?
Dec 13Here's Why Balkrishna Industries (NSE:BALKRISIND) Can Manage Its Debt Responsibly
Nov 28Balkrishna Industries (NSE:BALKRISIND) Is Due To Pay A Dividend Of ₹4.00
Oct 29Returns At Balkrishna Industries (NSE:BALKRISIND) Appear To Be Weighed Down
Oct 12Earnings Not Telling The Story For Balkrishna Industries Limited (NSE:BALKRISIND)
Sep 21Balkrishna Industries Limited Just Beat Revenue Estimates By 7.8%
Aug 14Balkrishna Industries' (NSE:BALKRISIND) Dividend Will Be ₹4.00
Aug 12These 4 Measures Indicate That Balkrishna Industries (NSE:BALKRISIND) Is Using Debt Reasonably Well
Jul 31Shareholders Will Probably Hold Off On Increasing Balkrishna Industries Limited's (NSE:BALKRISIND) CEO Compensation For The Time Being
Jul 13We Think That There Are Some Issues For Balkrishna Industries (NSE:BALKRISIND) Beyond Its Promising Earnings
Jul 04Balkrishna Industries (NSE:BALKRISIND) Has Affirmed Its Dividend Of ₹4.00
Jul 03Balkrishna Industries Limited's (NSE:BALKRISIND) 30% Price Boost Is Out Of Tune With Earnings
May 24Earnings Beat: Balkrishna Industries Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 22Here's What's Concerning About Balkrishna Industries' (NSE:BALKRISIND) Returns On Capital
May 01It's A Story Of Risk Vs Reward With Balkrishna Industries Limited (NSE:BALKRISIND)
Feb 29Balkrishna Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jan 27Financial Position Analysis
Short Term Liabilities: BALKRISIND's short term assets (₹53.4B) exceed its short term liabilities (₹39.6B).
Long Term Liabilities: BALKRISIND's short term assets (₹53.4B) exceed its long term liabilities (₹11.4B).
Debt to Equity History and Analysis
Debt Level: BALKRISIND's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: BALKRISIND's debt to equity ratio has increased from 14.4% to 33.2% over the past 5 years.
Debt Coverage: BALKRISIND's debt is well covered by operating cash flow (55%).
Interest Coverage: BALKRISIND's interest payments on its debt are well covered by EBIT (28.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 05:36 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Mumuksh Mandlesha | Anand Rathi Shares and Stock Brokers Limited |
| null null | Antique Stockbroking Ltd. |