Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 13 April, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 502355 | NSE: BALKRISIND

Balkrishna Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 10, 2025, 12:44 pm

Market Cap 44,088 Cr.
Current Price 2,281
High / Low 3,378/2,152
Stock P/E24.9
Book Value 486
Dividend Yield0.70 %
ROCE17.6 %
ROE17.6 %
Face Value 2.00
PEG Ratio2.92

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Balkrishna Industries Ltd

Competitors of Balkrishna Industries Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Goodyear India Ltd 1,937 Cr. 840 1,260/80642.1 2551.79 %22.0 %16.0 % 10.0
TVS Srichakra Ltd 2,005 Cr. 2,615 4,900/2,43047.6 1,4041.81 %11.1 %10.6 % 10.0
JK Tyre & Industries Ltd 7,457 Cr. 272 511/23212.3 1721.65 %19.3 %20.6 % 2.00
Innovative Tyres & Tubes Ltd 10.2 Cr. 5.6510.2/4.75 9.210.00 %26.6 %% 10.0
CEAT Ltd 10,829 Cr. 2,677 3,581/2,21021.3 1,0381.12 %20.4 %18.1 % 10.0
Industry Average15,369.17 Cr1,299.8127.90512.741.22%19.06%16.02%6.43

All Competitor Stocks of Balkrishna Industries Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 2,0462,3742,6192,6582,1662,3172,1592,2532,2742,6822,7142,4202,560
Expenses 1,5891,8712,1752,2311,8961,8371,6581,7201,7342,0012,0511,8401,960
Operating Profit 457503444426269480501533541681664580601
OPM % 22%21%17%16%12%21%23%24%24%25%24%24%23%
Other Income 11310910622745571061076617116290187
Interest 2335142622243631224116
Depreciation 118120129137149156155160161174163166173
Profit before tax 450490417511151355430456409647640463600
Tax % 25%24%26%25%28%27%23%24%25%25%23%25%25%
Net Profit 339375307382108260332347305487490347449
EPS in Rs 17.5319.3915.8819.775.6113.4417.1717.9715.8025.1825.3517.9523.25

Last Updated: February 28, 2025, 8:28 pm

Below is a detailed analysis of the quarterly data for Balkrishna Industries Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is 2,560.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,420.00 Cr. (Sep 2024) to 2,560.00 Cr., marking an increase of 140.00 Cr..
  • For Expenses, as of Dec 2024, the value is 1,960.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,840.00 Cr. (Sep 2024) to 1,960.00 Cr., marking an increase of 120.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is 601.00 Cr.. The value appears strong and on an upward trend. It has increased from 580.00 Cr. (Sep 2024) to 601.00 Cr., marking an increase of 21.00 Cr..
  • For OPM %, as of Dec 2024, the value is 23.00%. The value appears to be declining and may need further review. It has decreased from 24.00% (Sep 2024) to 23.00%, marking a decrease of 1.00%.
  • For Other Income, as of Dec 2024, the value is 187.00 Cr.. The value appears strong and on an upward trend. It has increased from 90.00 Cr. (Sep 2024) to 187.00 Cr., marking an increase of 97.00 Cr..
  • For Interest, as of Dec 2024, the value is 16.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 41.00 Cr. (Sep 2024) to 16.00 Cr., marking a decrease of 25.00 Cr..
  • For Depreciation, as of Dec 2024, the value is 173.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 166.00 Cr. (Sep 2024) to 173.00 Cr., marking an increase of 7.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is 600.00 Cr.. The value appears strong and on an upward trend. It has increased from 463.00 Cr. (Sep 2024) to 600.00 Cr., marking an increase of 137.00 Cr..
  • For Tax %, as of Dec 2024, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 25.00%.
  • For Net Profit, as of Dec 2024, the value is 449.00 Cr.. The value appears strong and on an upward trend. It has increased from 347.00 Cr. (Sep 2024) to 449.00 Cr., marking an increase of 102.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 23.25. The value appears strong and on an upward trend. It has increased from 17.95 (Sep 2024) to 23.25, marking an increase of 5.30.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:07 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 3,3903,7683,8133,2373,7234,4445,2104,8115,7838,2959,7609,36910,376
Expenses 2,7212,8783,0862,3712,5923,3413,9043,5373,9726,2868,0477,1137,851
Operating Profit 6698907278661,1311,1031,3061,2741,8112,0091,7122,2562,525
OPM % 20%24%19%27%30%25%25%26%31%24%18%24%24%
Other Income 514277131254340215250171438342449610
Interest 282748402215121112948113110
Depreciation 112170244282304311333374416455571651677
Profit before tax 5347067136741,0591,1161,1771,1401,5551,9821,4351,9412,349
Tax % 34%33%34%34%32%34%34%16%24%28%26%24%
Net Profit 3504754734467177367749601,1781,4351,0571,4711,773
EPS in Rs 18.1024.5524.4523.0637.0838.0640.0249.6460.9174.2554.7076.1291.73
Dividend Payout % 4%4%5%12%11%21%20%40%28%38%29%21%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)35.71%-0.42%-5.71%60.76%2.65%5.16%24.03%22.71%21.82%-26.34%39.17%
Change in YoY Net Profit Growth (%)0.00%-36.14%-5.29%66.47%-58.11%2.51%18.87%-1.32%-0.89%-48.16%65.51%

Balkrishna Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:10%
5 Years:12%
3 Years:17%
TTM:15%
Compounded Profit Growth
10 Years:12%
5 Years:14%
3 Years:7%
TTM:42%
Stock Price CAGR
10 Years:20%
5 Years:21%
3 Years:3%
1 Year:-6%
Return on Equity
10 Years:18%
5 Years:18%
3 Years:18%
Last Year:18%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:38 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 19191919193939393939393939
Reserves 1,4241,8762,2572,7563,5244,0454,6154,9705,9616,8947,5188,8159,360
Borrowings 2,1642,4392,3581,8981,3918678719321,0012,5293,3473,0993,122
Other Liabilities 5446886857258559279548661,1661,5171,4441,7311,981
Total Liabilities 4,1515,0215,3185,3985,7895,8786,4796,8068,16610,97912,34813,68514,501
Fixed Assets 1,3352,3892,4152,8592,8492,8492,7863,3083,3704,0195,3846,3176,399
CWIP 1,0135656342311101196005878561,2581,392944866
Investments 33704448361,3491,1031,0831,0621,4181,8972,0372,6862,898
Other Assets 1,8001,6971,8251,4731,4811,8082,0101,8502,5233,8053,5353,7374,338
Total Assets 4,1515,0215,3185,3985,7895,8786,4796,8068,16610,97912,34813,68514,501

Below is a detailed analysis of the balance sheet data for Balkrishna Industries Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹39.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 39.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹9,360.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,815.00 Cr. (Mar 2024) to ₹9,360.00 Cr., marking an increase of 545.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹3,122.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 3,099.00 Cr. (Mar 2024) to ₹3,122.00 Cr., marking an increase of 23.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹1,981.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,731.00 Cr. (Mar 2024) to ₹1,981.00 Cr., marking an increase of 250.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹14,501.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13,685.00 Cr. (Mar 2024) to ₹14,501.00 Cr., marking an increase of 816.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹6,399.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,317.00 Cr. (Mar 2024) to ₹6,399.00 Cr., marking an increase of 82.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹866.00 Cr.. The value appears to be declining and may need further review. It has decreased from 944.00 Cr. (Mar 2024) to ₹866.00 Cr., marking a decrease of 78.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹2,898.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,686.00 Cr. (Mar 2024) to ₹2,898.00 Cr., marking an increase of 212.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹4,338.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,737.00 Cr. (Mar 2024) to ₹4,338.00 Cr., marking an increase of 601.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹14,501.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,685.00 Cr. (Mar 2024) to ₹14,501.00 Cr., marking an increase of 816.00 Cr..

Notably, the Reserves (9,360.00 Cr.) exceed the Borrowings (3,122.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

No data available for this post.

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow667.00888.00725.00865.000.00-866.00-870.00-931.000.000.00-2.00-1.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days565956434039364548484256
Inventory Days8811476102110105113105148162124108
Days Payable5382748887705865103803774
Cash Conversion Cycle91915858647592849313012991
Working Capital Days949037-81976746670867676
ROCE %17%18%17%15%20%22%22%17%24%24%14%18%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters58.30%58.29%58.29%58.29%58.30%58.30%58.30%58.30%58.30%58.30%58.30%58.30%
FIIs15.42%15.07%14.05%14.30%12.96%12.45%12.42%12.40%12.53%12.69%12.24%12.61%
DIIs12.56%11.59%11.78%11.17%18.81%20.12%20.21%20.90%21.11%21.32%21.97%22.29%
Government0.00%0.00%0.00%0.00%0.10%0.10%0.10%0.10%0.10%0.10%0.11%0.15%
Public13.73%15.05%15.87%16.24%9.84%9.03%8.99%8.30%7.94%7.59%7.38%6.65%
No. of Shareholders1,04,5261,27,8161,39,9131,35,3951,73,8021,58,2011,46,8041,40,4901,36,2141,25,3411,34,8311,23,435

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid-Cap Opportunities Fund - Regular Plan4,897,5991.811091.65N/AN/AN/A
Parag Parikh Flexi Cap Fund4,189,0741.59933.72N/AN/AN/A
Kotak Flexicap Fund - Regular Plan2,350,0001.16523.8N/AN/AN/A
Motilal Oswal Midcap Fund1,725,0004.53384.49N/AN/AN/A
DSP Mid Cap Fund1,558,4942.13347.38N/AN/AN/A
Kotak Emerging Equity Fund - Regular Plan1,265,4260.71282.06N/AN/AN/A
Motilal Oswal Flexi Cap Fund1,150,0002.72256.33N/AN/AN/A
Axis Midcap Fund1,044,7320.92232.87N/AN/AN/A
Nippon India Growth Fund1,040,0000.95231.811,040,0002025-04-110%
UTI Large Cap Fund624,2871.15139.15N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 76.1254.7074.2560.9149.64
Diluted EPS (Rs.) 76.1254.7074.2560.9149.64
Cash EPS (Rs.) 109.7984.2397.8182.4568.97
Book Value[Excl.RevalReserv]/Share (Rs.) 458.04390.94358.67310.39259.09
Book Value[Incl.RevalReserv]/Share (Rs.) 458.04390.94358.67310.39259.09
Revenue From Operations / Share (Rs.) 484.68504.89429.13299.18248.90
PBDIT / Share (Rs.) 139.92106.24126.57102.5778.74
PBIT / Share (Rs.) 106.2576.71103.0281.0359.41
PBT / Share (Rs.) 100.4174.23102.5480.4458.95
Net Profit / Share (Rs.) 76.1254.7074.2660.9249.65
NP After MI And SOA / Share (Rs.) 76.1254.7074.2660.9249.65
PBDIT Margin (%) 28.8621.0429.4934.2831.63
PBIT Margin (%) 21.9215.1924.0027.0823.86
PBT Margin (%) 20.7114.7023.8926.8823.68
Net Profit Margin (%) 15.7010.8317.3020.3619.94
NP After MI And SOA Margin (%) 15.7010.8317.3020.3619.94
Return on Networth / Equity (%) 16.6113.9920.7019.6219.16
Return on Capital Employeed (%) 20.4816.4725.7125.0021.88
Return On Assets (%) 10.758.5613.0714.4114.09
Long Term Debt / Equity (X) 0.070.130.070.000.00
Total Debt / Equity (X) 0.340.440.360.160.18
Asset Turnover Ratio (%) 0.710.840.860.770.72
Current Ratio (X) 1.271.171.201.311.23
Quick Ratio (X) 0.900.670.680.810.83
Inventory Turnover Ratio (X) 2.942.943.073.123.02
Dividend Payout Ratio (NP) (%) 21.0129.2539.0519.7044.31
Dividend Payout Ratio (CP) (%) 14.5718.9929.6514.5531.89
Earning Retention Ratio (%) 78.9970.7560.9580.3055.69
Cash Earning Retention Ratio (%) 85.4381.0170.3585.4568.11
Interest Coverage Ratio (X) 23.9642.75267.40174.22171.01
Interest Coverage Ratio (Post Tax) (X) 14.0423.01157.87104.47108.83
Enterprise Value (Cr.) 47822.3740991.7843811.1033598.8216153.43
EV / Net Operating Revenue (X) 5.104.205.285.813.36
EV / EBITDA (X) 17.6819.9617.9116.9510.61
MarketCap / Net Operating Revenue (X) 4.783.874.985.653.18
Retention Ratios (%) 78.9870.7460.9480.2955.68
Price / BV (X) 5.064.995.965.453.05
Price / Net Operating Revenue (X) 4.783.874.985.653.18
EarningsYield 0.030.020.030.030.06

After reviewing the key financial ratios for Balkrishna Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 76.12. This value is within the healthy range. It has increased from 54.70 (Mar 23) to 76.12, marking an increase of 21.42.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 76.12. This value is within the healthy range. It has increased from 54.70 (Mar 23) to 76.12, marking an increase of 21.42.
  • For Cash EPS (Rs.), as of Mar 24, the value is 109.79. This value is within the healthy range. It has increased from 84.23 (Mar 23) to 109.79, marking an increase of 25.56.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 458.04. It has increased from 390.94 (Mar 23) to 458.04, marking an increase of 67.10.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 458.04. It has increased from 390.94 (Mar 23) to 458.04, marking an increase of 67.10.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 484.68. It has decreased from 504.89 (Mar 23) to 484.68, marking a decrease of 20.21.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 139.92. This value is within the healthy range. It has increased from 106.24 (Mar 23) to 139.92, marking an increase of 33.68.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 106.25. This value is within the healthy range. It has increased from 76.71 (Mar 23) to 106.25, marking an increase of 29.54.
  • For PBT / Share (Rs.), as of Mar 24, the value is 100.41. This value is within the healthy range. It has increased from 74.23 (Mar 23) to 100.41, marking an increase of 26.18.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 76.12. This value is within the healthy range. It has increased from 54.70 (Mar 23) to 76.12, marking an increase of 21.42.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 76.12. This value is within the healthy range. It has increased from 54.70 (Mar 23) to 76.12, marking an increase of 21.42.
  • For PBDIT Margin (%), as of Mar 24, the value is 28.86. This value is within the healthy range. It has increased from 21.04 (Mar 23) to 28.86, marking an increase of 7.82.
  • For PBIT Margin (%), as of Mar 24, the value is 21.92. This value exceeds the healthy maximum of 20. It has increased from 15.19 (Mar 23) to 21.92, marking an increase of 6.73.
  • For PBT Margin (%), as of Mar 24, the value is 20.71. This value is within the healthy range. It has increased from 14.70 (Mar 23) to 20.71, marking an increase of 6.01.
  • For Net Profit Margin (%), as of Mar 24, the value is 15.70. This value exceeds the healthy maximum of 10. It has increased from 10.83 (Mar 23) to 15.70, marking an increase of 4.87.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 15.70. This value is within the healthy range. It has increased from 10.83 (Mar 23) to 15.70, marking an increase of 4.87.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 16.61. This value is within the healthy range. It has increased from 13.99 (Mar 23) to 16.61, marking an increase of 2.62.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 20.48. This value is within the healthy range. It has increased from 16.47 (Mar 23) to 20.48, marking an increase of 4.01.
  • For Return On Assets (%), as of Mar 24, the value is 10.75. This value is within the healthy range. It has increased from 8.56 (Mar 23) to 10.75, marking an increase of 2.19.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.07. This value is below the healthy minimum of 0.2. It has decreased from 0.13 (Mar 23) to 0.07, marking a decrease of 0.06.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.34. This value is within the healthy range. It has decreased from 0.44 (Mar 23) to 0.34, marking a decrease of 0.10.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.71. It has decreased from 0.84 (Mar 23) to 0.71, marking a decrease of 0.13.
  • For Current Ratio (X), as of Mar 24, the value is 1.27. This value is below the healthy minimum of 1.5. It has increased from 1.17 (Mar 23) to 1.27, marking an increase of 0.10.
  • For Quick Ratio (X), as of Mar 24, the value is 0.90. This value is below the healthy minimum of 1. It has increased from 0.67 (Mar 23) to 0.90, marking an increase of 0.23.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.94. This value is below the healthy minimum of 4. There is no change compared to the previous period (Mar 23) which recorded 2.94.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 21.01. This value is within the healthy range. It has decreased from 29.25 (Mar 23) to 21.01, marking a decrease of 8.24.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 14.57. This value is below the healthy minimum of 20. It has decreased from 18.99 (Mar 23) to 14.57, marking a decrease of 4.42.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 78.99. This value exceeds the healthy maximum of 70. It has increased from 70.75 (Mar 23) to 78.99, marking an increase of 8.24.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 85.43. This value exceeds the healthy maximum of 70. It has increased from 81.01 (Mar 23) to 85.43, marking an increase of 4.42.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 23.96. This value is within the healthy range. It has decreased from 42.75 (Mar 23) to 23.96, marking a decrease of 18.79.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 14.04. This value is within the healthy range. It has decreased from 23.01 (Mar 23) to 14.04, marking a decrease of 8.97.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 47,822.37. It has increased from 40,991.78 (Mar 23) to 47,822.37, marking an increase of 6,830.59.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 5.10. This value exceeds the healthy maximum of 3. It has increased from 4.20 (Mar 23) to 5.10, marking an increase of 0.90.
  • For EV / EBITDA (X), as of Mar 24, the value is 17.68. This value exceeds the healthy maximum of 15. It has decreased from 19.96 (Mar 23) to 17.68, marking a decrease of 2.28.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 4.78. This value exceeds the healthy maximum of 3. It has increased from 3.87 (Mar 23) to 4.78, marking an increase of 0.91.
  • For Retention Ratios (%), as of Mar 24, the value is 78.98. This value exceeds the healthy maximum of 70. It has increased from 70.74 (Mar 23) to 78.98, marking an increase of 8.24.
  • For Price / BV (X), as of Mar 24, the value is 5.06. This value exceeds the healthy maximum of 3. It has increased from 4.99 (Mar 23) to 5.06, marking an increase of 0.07.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 4.78. This value exceeds the healthy maximum of 3. It has increased from 3.87 (Mar 23) to 4.78, marking an increase of 0.91.
  • For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 23) to 0.03, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Balkrishna Industries Ltd as of April 13, 2025 is: 1,715.80

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 13, 2025, Balkrishna Industries Ltd is Overvalued by 24.78% compared to the current share price 2,281.00

Intrinsic Value of Balkrishna Industries Ltd as of April 13, 2025 is: 1,862.22

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 13, 2025, Balkrishna Industries Ltd is Overvalued by 18.36% compared to the current share price 2,281.00

Last 5 Year EPS CAGR: 8.53%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 19.00%, which is a positive sign.
  2. The company has higher reserves (4,924.23 cr) compared to borrowings (2,001.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (5.31 cr) and profit (202.85 cr) over the years.
  1. The stock has a high average Working Capital Days of 63.00, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 88.00, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Balkrishna Industries Ltd:
    1. Net Profit Margin: 15.7%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 20.48% (Industry Average ROCE: 19.06%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 16.61% (Industry Average ROE: 16.02%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 14.04
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.9
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 24.9 (Industry average Stock P/E: 27.9)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.34
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Balkrishna Industries Ltd. is a Public Limited Listed company incorporated on 20/11/1961 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L99999MH1961PLC012185 and registration number is 012185. Currently Company is involved in the business activities of Manufacture of rubber tyres and tubes. Company's Total Operating Revenue is Rs. 9298.70 Cr. and Equity Capital is Rs. 38.66 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Tyres & TubesB-66, Waluj MIDC, Waluj Industrial Area, Aurangabad Maharashtra 431136shares@bkt-tires.com
http://www.bkt-tires.com
Management
NamePosition Held
Mr. Arvind PoddarChairman & Managing Director
Mr. Rajiv PoddarJoint Managing Director
Mr. Vipul ShahWhole Time Director & Co. Secretary
Mrs. Vijaylaxmi PoddarNon Exe.Non Ind.Director
Mr. Pannkaj GhadialiNon Exe. & Ind. Director
Ms. Shruti ShahNon Exe. & Ind. Director
Mr. Laxmidas MerchantNon Exe. & Ind. Director
Mr. Rahul DuttNon Exe. & Ind. Director

FAQ

What is the intrinsic value of Balkrishna Industries Ltd?

Balkrishna Industries Ltd's intrinsic value (as of 12 April 2025) is ₹1715.80 — 24.78% lower the current market price of 2,281.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 44,088 Cr. market cap, FY2025-2026 high/low of ₹3,378/2,152, reserves of 9,360 Cr, and liabilities of 14,501 Cr.

What is the Market Cap of Balkrishna Industries Ltd?

The Market Cap of Balkrishna Industries Ltd is 44,088 Cr..

What is the current Stock Price of Balkrishna Industries Ltd as on 12 April 2025?

The current stock price of Balkrishna Industries Ltd as on 12 April 2025 is 2,281.

What is the High / Low of Balkrishna Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Balkrishna Industries Ltd stocks is ₹3,378/2,152.

What is the Stock P/E of Balkrishna Industries Ltd?

The Stock P/E of Balkrishna Industries Ltd is 24.9.

What is the Book Value of Balkrishna Industries Ltd?

The Book Value of Balkrishna Industries Ltd is 486.

What is the Dividend Yield of Balkrishna Industries Ltd?

The Dividend Yield of Balkrishna Industries Ltd is 0.70 %.

What is the ROCE of Balkrishna Industries Ltd?

The ROCE of Balkrishna Industries Ltd is 17.6 %.

What is the ROE of Balkrishna Industries Ltd?

The ROE of Balkrishna Industries Ltd is 17.6 %.

What is the Face Value of Balkrishna Industries Ltd?

The Face Value of Balkrishna Industries Ltd is 2.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Balkrishna Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE