down arrow

Balkrishna Inds

  • Market Cap: Large Cap
  • Industry: Tyres & Allied
  • ISIN: INE787D01026
  • NSEID: BALKRISIND
  • BSEID: 502355
INR
2,342.60
58.6 (2.57%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 2.65 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

2,314.352,362.45

52 Week

2,157.203,377.95
Valuation
Technical
Day's Volume

CASH

2.65 lacs (-19.79%) Volume

Shareholding (Dec 2024)

FII

11.28%

Held by 472 FIIs

DII

23.96%

Held by 39 DIIs

Promoter

58.29%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Stock is technically in a Bearish range

  • The technical trend has deteriorated from Mildly Bearish on 10-Feb-25 and has generated -11.81% returns since then
  • Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
2

With ROCE of 16.7, it has a Very Expensive valuation with a 4.2 Enterprise value to Capital Employed

3

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Tyres & Allied

stock-summary
Market cap

INR 45,286 Cr (Large Cap)

stock-summary
P/E

25.00

stock-summary
Industry P/E

23

stock-summary
Dividend Yield

0.70%

stock-summary
Debt Equity

0.15

stock-summary
Return on Equity

17.33%

stock-summary
Price to Book

4.70

Revenue and Profits (1 Year):
Net Sales:
2,560 Cr
(Quarterly Results - Dec 2024)
Net Profit:
449 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.7%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-22.54%
0.27%
-22.27%
1 Year
-3.08%
0.65%
-2.43%
2 Years
17.56%
1.47%
19.03%
3 Years
12.41%
2.31%
14.72%
4 Years
41.72%
2.93%
44.65%
5 Years
167.42%
7.35%
174.77%

Latest dividend: 4 per share ex-dividend date: Jan-30-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
16.70%
EBIT Growth (5y)
16.70%
EBIT to Interest (avg)
71.85
Debt to EBITDA (avg)
1.08
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.83
Tax Ratio
24.52%
Dividend Payout Ratio
21.02%
Pledged Shares
0
Institutional Holding
35.24%
ROCE (avg)
16.68%
ROE (avg)
17.97%
Valuation key factors
Factor
Value
P/E Ratio
25
Industry P/E
23
Price to Book Value
4.70
EV to EBIT
24.65
EV to EBITDA
18.04
EV to Capital Employed
4.22
EV to Sales
4.39
PEG Ratio
0.59
Dividend Yield
0.70%
ROCE (Latest)
16.65%
ROE (Latest)
17.33%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 28 Schemes (16.09%)

FIIs

Held by 472 FIIs (11.28%)

Promoter with highest holding

Rajiv Poddar (27.71%)

Highest Public shareholder

Hdfc Mutual Fund - Hdfc S&p Bse 500 Etf (5.04%)

Individual Investors Holdings

5.17%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 5.81% vs -10.86% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 29.56% vs -29.19% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,560.33",
          "val2": "2,419.74",
          "chgp": "5.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "600.69",
          "val2": "579.79",
          "chgp": "3.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "15.71",
          "val2": "41.21",
          "chgp": "-61.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "449.48",
          "val2": "346.94",
          "chgp": "29.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "23.46%",
          "val2": "23.96%",
          "chgp": "-0.50%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 16.36% vs -16.38% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 23.20% vs -1.44% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,134.24",
          "val2": "4,412.54",
          "chgp": "16.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,243.40",
          "val2": "1,033.65",
          "chgp": "20.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "63.13",
          "val2": "45.56",
          "chgp": "38.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "836.93",
          "val2": "679.32",
          "chgp": "23.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "24.22%",
          "val2": "23.43%",
          "chgp": "0.79%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 15.07% vs -10.15% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 30.63% vs 23.46% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,694.57",
          "val2": "6,686.95",
          "chgp": "15.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,844.09",
          "val2": "1,574.25",
          "chgp": "17.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "78.84",
          "val2": "82.00",
          "chgp": "-3.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,286.41",
          "val2": "984.74",
          "chgp": "30.63%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "23.97%",
          "val2": "23.54%",
          "chgp": "0.43%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -4.00% vs 17.65% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 39.16% vs -26.33% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "9,368.87",
          "val2": "9,759.53",
          "chgp": "-4.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,255.37",
          "val2": "1,707.11",
          "chgp": "32.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "112.87",
          "val2": "48.04",
          "chgp": "134.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,471.49",
          "val2": "1,057.40",
          "chgp": "39.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "24.07%",
          "val2": "17.49%",
          "chgp": "6.58%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
2,560.33
2,419.74
5.81%
Operating Profit (PBDIT) excl Other Income
600.69
579.79
3.60%
Interest
15.71
41.21
-61.88%
Exceptional Items
0.00
0.00
Consolidate Net Profit
449.48
346.94
29.56%
Operating Profit Margin (Excl OI)
23.46%
23.96%
-0.50%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 5.81% vs -10.86% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 29.56% vs -29.19% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
5,134.24
4,412.54
16.36%
Operating Profit (PBDIT) excl Other Income
1,243.40
1,033.65
20.29%
Interest
63.13
45.56
38.56%
Exceptional Items
0.00
0.00
Consolidate Net Profit
836.93
679.32
23.20%
Operating Profit Margin (Excl OI)
24.22%
23.43%
0.79%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 16.36% vs -16.38% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 23.20% vs -1.44% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
7,694.57
6,686.95
15.07%
Operating Profit (PBDIT) excl Other Income
1,844.09
1,574.25
17.14%
Interest
78.84
82.00
-3.85%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,286.41
984.74
30.63%
Operating Profit Margin (Excl OI)
23.97%
23.54%
0.43%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 15.07% vs -10.15% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 30.63% vs 23.46% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
9,368.87
9,759.53
-4.00%
Operating Profit (PBDIT) excl Other Income
2,255.37
1,707.11
32.12%
Interest
112.87
48.04
134.95%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,471.49
1,057.40
39.16%
Operating Profit Margin (Excl OI)
24.07%
17.49%
6.58%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -4.00% vs 17.65% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 39.16% vs -26.33% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Balkrishna Industries Ltd stock-summary
stock-summary
Balkrishna Industries Ltd
Large Cap
Tyres & Allied
Headquartered in Mumbai, India, Balkrishna Industries Limited (BKT) is engaged in the business of manufacturing and selling of Off-Highway Tyres (OHT) in the specialist segments such as Agricultural, Industrial & Construction, Earthmovers & Port, Mining, Forestry, Lawn & Garden and All-Terrain Vehicles (ATV) Tires. The Company has five state-of-the-art production sites in Aurangabad, Bhiwadi, Chopanki, Dombivali and Bhuj. It operate four subsidiaries in Europe and North America viz.
Company Coordinates stock-summary
Company Details
B-66 Walu MIDC, Waluj Industrial Area Aurangabad. Maharashtra : 431136
stock-summary
Tel: 91-0240-6646950/66663800
stock-summary
http://www.bkt-tires.com
stock-summary
shares@bkt-tires.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
Stock List
ABCDEFGHIJKLMNOPQRSTUVWXYZOther
Footer Logo
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
Market
Webinars
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."