Balkrishna Industries Limited Logo

Balkrishna Industries Limited

BALKRISIND.NS

(2.5)
Stock Price

2.748,65 INR

11.91% ROA

19.84% ROE

35.64x PER

Market Cap.

580.791.928.950,00 INR

34.96% DER

0.53% Yield

16.42% NPM

Balkrishna Industries Limited Stock Analysis

Balkrishna Industries Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Balkrishna Industries Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (27.64%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 DER

The stock has a minimal amount of debt (35%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 ROA

The stock's ROA (8.33%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (26.246) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 PBV

The stock's elevated P/BV ratio (6.21x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Balkrishna Industries Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Balkrishna Industries Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Balkrishna Industries Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Balkrishna Industries Limited Revenue
Year Revenue Growth
2005 6.200.148.596
2006 8.776.567.067 29.36%
2007 11.337.535.555 22.59%
2008 13.998.647.545 19.01%
2009 15.637.297.415 10.48%
2010 21.920.928.325 28.66%
2011 30.166.392.539 27.33%
2012 33.780.457.332 10.7%
2013 37.289.438.927 9.41%
2014 37.791.792.112 1.33%
2015 32.299.243.771 -17.01%
2016 36.612.400.000 11.78%
2017 43.515.500.000 15.86%
2018 50.360.400.000 13.59%
2019 47.044.100.000 -7.05%
2020 56.758.000.000 17.11%
2021 82.131.000.000 30.89%
2022 96.550.200.000 14.93%
2023 90.127.600.000 -7.13%
2023 93.688.700.000 3.8%
2024 108.580.000.000 13.71%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Balkrishna Industries Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 75.779.229 100%
2013 101.376.625 25.25%
2014 117.303.058 13.58%
2015 126.900.000 7.56%
2016 145.600.000 12.84%
2017 163.300.000 10.84%
2018 226.100.000 27.78%
2019 249.100.000 9.23%
2020 241.700.000 -3.06%
2021 286.400.000 15.61%
2022 623.100.000 54.04%
2023 0 0%
2023 740.000.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Balkrishna Industries Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 33.249.196
2006 347.087.755 90.42%
2007 39.501.400 -778.67%
2008 849.215.654 95.35%
2009 11.792.068.986 92.8%
2010 18.246.267.692 35.37%
2011 601.734.683 -2932.28%
2012 244.726.667 -145.88%
2013 294.915.241 17.02%
2014 592.779.001 50.25%
2015 385.276.135 -53.86%
2016 374.200.000 -2.96%
2017 367.200.000 -1.91%
2018 414.100.000 11.33%
2019 532.200.000 22.19%
2020 498.200.000 -6.82%
2021 530.800.000 6.14%
2022 722.400.000 26.52%
2023 0 0%
2023 16.118.400.000 100%
2024 17.932.800.000 10.12%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Balkrishna Industries Limited EBITDA
Year EBITDA Growth
2005 1.458.329.959
2006 1.874.024.569 22.18%
2007 2.417.218.078 22.47%
2008 2.132.367.735 -13.36%
2009 4.145.538.493 48.56%
2010 3.878.845.347 -6.88%
2011 5.343.016.956 27.4%
2012 6.653.598.866 19.7%
2013 9.033.976.950 26.35%
2014 9.994.857.600 9.61%
2015 11.282.828.856 11.42%
2016 12.727.600.000 11.35%
2017 13.820.700.000 7.91%
2018 14.566.700.000 5.12%
2019 14.590.000.000 0.16%
2020 19.164.600.000 23.87%
2021 23.274.200.000 17.66%
2022 19.995.300.000 -16.4%
2023 25.592.000.000 21.87%
2023 22.553.700.000 -13.47%
2024 26.544.400.000 15.03%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Balkrishna Industries Limited Gross Profit
Year Gross Profit Growth
2005 1.713.728.289
2006 2.495.660.295 31.33%
2007 2.807.945.579 11.12%
2008 3.530.407.321 20.46%
2009 15.637.297.415 77.42%
2010 21.920.928.325 28.66%
2011 8.859.123.924 -147.44%
2012 11.862.271.103 25.32%
2013 15.809.684.051 24.97%
2014 14.665.628.564 -7.8%
2015 15.487.511.469 5.31%
2016 18.541.500.000 16.47%
2017 19.216.100.000 3.51%
2018 22.329.400.000 13.94%
2019 22.723.700.000 1.74%
2020 30.202.700.000 24.76%
2021 39.389.300.000 23.32%
2022 41.498.500.000 5.08%
2023 46.400.000.000 10.56%
2023 37.272.200.000 -24.49%
2024 45.061.600.000 17.29%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Balkrishna Industries Limited Net Profit
Year Net Profit Growth
2005 691.013.794
2006 831.009.647 16.85%
2007 1.116.700.840 25.58%
2008 744.011.061 -50.09%
2009 2.168.446.789 65.69%
2010 1.946.004.037 -11.43%
2011 2.656.142.769 26.74%
2012 3.499.021.974 24.09%
2013 4.746.173.284 26.28%
2014 4.725.683.804 -0.43%
2015 5.759.450.533 17.95%
2016 7.168.500.000 19.66%
2017 7.357.900.000 2.57%
2018 7.736.500.000 4.89%
2019 9.596.500.000 19.38%
2020 11.775.300.000 18.5%
2021 14.353.800.000 17.96%
2022 10.574.000.000 -35.75%
2023 13.897.600.000 23.91%
2023 14.714.900.000 5.55%
2024 19.599.600.000 24.92%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Balkrishna Industries Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 4
2006 4 25%
2007 6 20%
2008 4 -66.67%
2009 11 72.73%
2010 10 -10%
2011 14 23.08%
2012 18 27.78%
2013 25 25%
2014 25 0%
2015 23 -4.35%
2016 37 37.84%
2017 38 2.63%
2018 40 5%
2019 50 18.37%
2020 61 18.33%
2021 74 18.92%
2022 55 -37.04%
2023 72 23.94%
2023 76 6.58%
2024 101 24.75%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Balkrishna Industries Limited Free Cashflow
Year Free Cashflow Growth
2005 -983.829.468
2006 -1.336.875.057 26.41%
2007 -1.244.539.151 -7.42%
2008 1.544.316.501 180.59%
2009 679.520.204 -127.27%
2010 -1.572.529.377 143.21%
2011 -6.292.863.159 75.01%
2012 -4.649.633.020 -35.34%
2013 -2.848.880.890 -63.21%
2014 6.133.071.260 146.45%
2015 8.304.963.715 26.15%
2016 6.619.500.000 -25.46%
2017 3.296.600.000 -100.8%
2018 806.900.000 -308.55%
2019 3.890.500.000 79.26%
2020 4.128.100.000 5.76%
2021 -6.872.500.000 160.07%
2022 -3.145.000.000 -118.52%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Balkrishna Industries Limited Operating Cashflow
Year Operating Cashflow Growth
2005 336.743.134
2006 490.300.679 31.32%
2007 449.091.838 -9.18%
2008 2.872.373.273 84.37%
2009 2.098.706.629 -36.86%
2010 733.603.678 -186.08%
2011 756.534.971 3.03%
2012 5.493.410.973 86.23%
2013 6.016.664.652 8.7%
2014 9.841.283.232 38.86%
2015 10.728.510.046 8.27%
2016 8.468.500.000 -26.69%
2017 7.499.400.000 -12.92%
2018 8.204.100.000 8.59%
2019 11.731.400.000 30.07%
2020 13.390.300.000 12.39%
2021 9.080.400.000 -47.46%
2022 14.479.700.000 37.29%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Balkrishna Industries Limited Capital Expenditure
Year Capital Expenditure Growth
2005 1.320.572.602
2006 1.827.175.736 27.73%
2007 1.693.630.989 -7.89%
2008 1.328.056.772 -27.53%
2009 1.419.186.425 6.42%
2010 2.306.133.055 38.46%
2011 7.049.398.130 67.29%
2012 10.143.043.993 30.5%
2013 8.865.545.542 -14.41%
2014 3.708.211.972 -139.08%
2015 2.423.546.331 -53.01%
2016 1.849.000.000 -31.07%
2017 4.202.800.000 56.01%
2018 7.397.200.000 43.18%
2019 7.840.900.000 5.66%
2020 9.262.200.000 15.35%
2021 15.952.900.000 41.94%
2022 17.624.700.000 9.49%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Balkrishna Industries Limited Equity
Year Equity Growth
2005 2.875.218.372
2006 3.474.776.596 17.25%
2007 4.172.438.981 16.72%
2008 4.781.346.264 12.74%
2009 6.813.952.726 29.83%
2010 8.613.511.255 20.89%
2011 11.100.843.291 22.41%
2012 14.430.046.496 23.07%
2013 18.950.818.425 23.86%
2014 22.759.793.780 16.74%
2015 27.878.758.920 18.36%
2016 35.428.600.000 21.31%
2017 40.833.900.000 13.24%
2018 46.536.600.000 12.25%
2019 50.082.800.000 7.08%
2020 59.998.200.000 16.53%
2021 69.330.100.000 13.46%
2022 75.569.300.000 8.26%
2023 88.538.200.000 14.65%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Balkrishna Industries Limited Assets
Year Assets Growth
2005 7.465.615.683
2006 9.693.346.700 22.98%
2007 13.062.114.798 25.79%
2008 13.028.032.355 -0.26%
2009 16.369.620.933 20.41%
2010 21.749.321.340 24.74%
2011 33.379.771.676 34.84%
2012 41.507.294.260 19.58%
2013 50.220.795.426 17.35%
2014 53.183.500.530 5.57%
2015 53.904.609.776 1.34%
2016 57.890.800.000 6.89%
2017 58.782.100.000 1.52%
2018 64.790.100.000 9.27%
2019 68.063.500.000 4.81%
2020 81.664.900.000 16.66%
2021 109.789.800.000 25.62%
2022 123.476.600.000 11.08%
2023 136.845.400.000 9.77%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Balkrishna Industries Limited Liabilities
Year Liabilities Growth
2005 4.590.397.311
2006 6.218.570.104 26.18%
2007 8.889.675.817 30.05%
2008 8.246.686.091 -7.8%
2009 9.555.668.207 13.7%
2010 13.135.810.085 27.25%
2011 22.278.928.385 41.04%
2012 27.077.247.764 17.72%
2013 31.269.977.001 13.41%
2014 30.423.706.750 -2.78%
2015 26.025.850.856 -16.9%
2016 22.462.200.000 -15.87%
2017 17.948.200.000 -25.15%
2018 18.253.500.000 1.67%
2019 17.980.700.000 -1.52%
2020 21.666.700.000 17.01%
2021 40.459.700.000 46.45%
2022 47.907.300.000 15.55%
2023 48.307.200.000 0.83%

Balkrishna Industries Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
513.35
Net Income per Share
84.3
Price to Earning Ratio
35.64x
Price To Sales Ratio
5.85x
POCF Ratio
60.93
PFCF Ratio
60.93
Price to Book Ratio
6.56
EV to Sales
6.16
EV Over EBITDA
23.58
EV to Operating CashFlow
64.1
EV to FreeCashFlow
64.1
Earnings Yield
0.03
FreeCashFlow Yield
0.02
Market Cap
580,79 Bil.
Enterprise Value
610,99 Bil.
Graham Number
932.02
Graham NetNet
-85.19

Income Statement Metrics

Net Income per Share
84.3
Income Quality
0.65
ROE
0.2
Return On Assets
0.12
Return On Capital Employed
0.19
Net Income per EBT
0.76
EBT Per Ebit
1.11
Ebit per Revenue
0.19
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0.09
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.46
Operating Profit Margin
0.19
Pretax Profit Margin
0.22
Net Profit Margin
0.16

Dividends

Dividend Yield
0.01
Dividend Yield %
0.53
Payout Ratio
0
Dividend Per Share
16

Operating Metrics

Operating Cashflow per Share
49.3
Free CashFlow per Share
49.3
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.12
Return on Tangible Assets
0.12
Days Sales Outstanding
53.41
Days Payables Outstanding
62.17
Days of Inventory on Hand
90.95
Receivables Turnover
6.83
Payables Turnover
5.87
Inventory Turnover
4.01
Capex per Share
0

Balance Sheet

Cash per Share
73,92
Book Value per Share
457,99
Tangible Book Value per Share
457.89
Shareholders Equity per Share
457.99
Interest Debt per Share
165.97
Debt to Equity
0.35
Debt to Assets
0.23
Net Debt to EBITDA
1.17
Current Ratio
1.27
Tangible Asset Value
88,52 Bil.
Net Current Asset Value
-1,87 Bil.
Invested Capital
81812800000
Working Capital
9,84 Bil.
Intangibles to Total Assets
0
Average Receivables
7,26 Bil.
Average Payables
4,55 Bil.
Average Inventory
6657650000
Debt to Market Cap
0.05

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Balkrishna Industries Limited Dividends
Year Dividends Growth
2006 10
2007 7 -42.86%
2008 11 30%
2009 6 -66.67%
2010 7 14.29%
2011 1 -600%
2012 2 0%
2013 2 0%
2014 2 50%
2015 2 0%
2016 7 66.67%
2017 10 33.33%
2018 9 -12.5%
2019 8 0%
2020 23 65.22%
2021 18 -27.78%
2022 24 25%
2023 16 -50%
2024 12 -33.33%

Balkrishna Industries Limited Profile

About Balkrishna Industries Limited

Balkrishna Industries Limited manufactures and sells tires worldwide. It offers rubber tires, tubes, and carbon black products. The company provides off-highway tires for use in various applications, such as agricultural, industrial and construction, earthmoving and port, mining, forestry, lawn and garden, and all-terrain vehicles. It sells its products through a network of distributors. The company was incorporated in 1961 and is headquartered in Mumbai, India.

CEO
Mr. Arvind Kumar Mahabirprasad
Employee
3.590
Address
BKT House
Mumbai, 400013

Balkrishna Industries Limited Executives & BODs

Balkrishna Industries Limited Executives & BODs
# Name Age
1 Mr. Arvind Kumar Mahabirprasad Poddar B.Com
Executive Chairman & MD
70
2 Mr. Madhusudan B. Bajaj
Senior President of Commercial & Chief Financial Officer
70
3 Mr. Sudhir Mishra
Senior General Manager of Corporate HR
70
4 Mr. Sushil Mishra
Head of Accounts
70
5 Mr. Dilip M. Vaidya B.Sc. Tech
Senior President & Director of Technology
70
6 Mr. Vipul R. Shah
Compliance Officer, Company Secretary & Whole Time Director
70
7 Mr. Rajiv A. Poddar
Joint MD & Executive Director
70

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