Balkrishna Industries Ltd.

BALKRISIND

₹2578.0

0.04% (1.0)

Market Cap

₹49,849 Cr.

P/E

28.11

About

Balkrishna Industries Limited specializes in the Specialty Off-Highway Tire segment, catering to Agriculture, Industrial, Construction, Earthmoving, Mining, Port, Lawn and Garden, and All-Terrain Vehi… Read more

Balkrishna Industries Limited specializes in the Specialty Off-Highway Tire segment, catering … Read more

Low

2152

52W Range

High

3375

Timeline

Key company specific updates

Company Timeline

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Forensics

13 Yes

Positive for this company

2 Neutral

Neutral for this company

2 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Promoter Holding

Promoter has not sold any shares in the last 90 days
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales

Price & Performance

ROE

Asset turnover is responsible for roe increase over last 10 years
Share price

Share price has increased over last 10 years due to earnings
Working Capital

Working capital of the company seems to be under control
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Debt

Company should not have issues servicing its debt
Sales Growth

Sales of the company has grown at a good pace
ROCE Strength

Roce of the company is consistently strong
Balance Sheet Strength

Balance sheet of the company is strong. it shouldnt have solvency or liquidity issues
Capex vs ROCE

Company has made significant capex which might be affecting its roce
Margin Stability

Margins of the company are volatile

Market Share

6 %

(as of Jun 23)

Source/Historic

Off Road Tyres - Global Market Share

8 %

(as of Mar 20)

Source/Historic

Off Road Tyres Market Share

2.20 %

(as of Mar 20)

Source/Historic

Off Road Tyres Market Share in France

Revenue mix

Segment Break-Up

Location Wise Break-Up

Customer Segment

OEM vs Aftermarket - Volume

Asset Break-Up

Operational Metrics

Manufacturing Capacity - Tyres (MTPA)
Source
Manufacturing Capacity - Carbon black (MTPA)
Source
Quarterly Sales Volume - Tyres Sold (Lakh MT)
Source
R&D as a % of Total Sales (%)
Source

Peer Comparison

Corporate Actions

Consolidated

DATE

DETAILS

Show Less

Suppliers

Nocil Ltd.
Rajratan Global Wire Ltd.
GRP Ltd.
Tiger Logistics (India) Ltd.
Triton Valves Ltd.

Customers

Caterpillar
Deutz
John Deere India
Kubota Agricultural Machinery
New Holland
Tafe
Terex

Showing 5 of 7

FAQs on Balkrishna Industries Ltd. Business

What does Balkrishna Inds. do?

Balkrishna Industries Limited specializes in 'Off Highway Tire segment' that includes Agricultural, Industrial, & Construction tires. Its products are consumed in Europe, America, Australasia, and India.

Who are the competitors of Balkrishna Inds.?

Balkrishna Inds. major competitors are MRF, Apollo Tyres, CEAT, JK Tyres & Inds., TVS Srichakra, Goodyear India, PTL Enterprises.
Market Cap of Balkrishna Inds. is ₹49,848 Crs.
While the median market cap of its peers are ₹8,489 Crs.

Is Balkrishna Inds. financially stable compared to its competitors?

Balkrishna Inds. seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.

View FAQ's On Shareprice

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Global Leaders

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Company Filing

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