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    3. Balkrisind Share Price

    Balkrishna Industries Share PriceBalkrishna Industries

    Large Cap 13.5k Result
    ₹2,560.8
    1.1 (0.04%)
    • Advice
    • Hold
    As on 04 December, 2023 | 21:04 BSE: 502355 NSE: BALKRISINDISIN: INE787D01026

    Balkrishna Industries Performance

    Day Range

    • Low 2,529.00
    • High 2,592.00
    ₹ 2,560.8

    52 Week Range

    • Low 1,908.90
    • High 2,682.75
    ₹ 2,560.8
    • Open Price2,590.50
    • Previous Close2,559.70
    • Volume261846

    Start SIP in Balkrishna Industries

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    Balkrishna Industries Share Price

    • Over 1 Month 0.67%
    • Over 3 Month 7.42%
    • Over 6 Month 12.02%
    • Over 1 Year 24.26%

    Balkrishna Industries Key Statistics

    P/E Ratio 47.3
    PEG Ratio -1.9
    Market Cap Cr 49,505
    Price to Book Ratio 6.6
    EPS 53.4
    Dividend 0.6
    Relative Strength Index 49.36
    Money Flow Index 47.03
    MACD Signal 3.31
    Average True Range 56.5

    Balkrishna Industries F&O

    Balkrishna Industries Futures
    Balkrishna Industries Option Chain

    Balkrishna Industries Investment Rating

    • Master Rating:

    • Balkrishna Industries has an operating revenue of Rs. 8,895.12 Cr. on a trailing 12-month basis. An annual revenue growth of 16% is outstanding, Pre-tax margin of 15% is great, ROE of 13% is good. The company has a reasonable debt to equity of 14%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 10% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 61 which is a FAIR score but needs to improve its earnings, a RS Rating of 47 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 98 indicates it belongs to a poor industry group of Auto/Truck-Tires & Misc and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Balkrishna Industries Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 2,2262,1202,3182,1422,7042,6462,374
    Operating Expenses Qtr Cr 1,7071,6391,8471,8852,2602,1911,874
    Operating Profit Qtr Cr 518481471257445455500
    Depreciation Qtr Cr 159154151145134126117
    Interest Qtr Cr 23212514432
    Tax Qtr Cr 108989342128109115
    Net Profit Qtr Cr 335312256100404320374
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 10,1488,697
    Operating Expenses Annual Cr 8,0956,291
    Operating Profit Annual in Cr 1,7161,976
    Depreciation Cr 557444
    Interest Annual Cr 468
    Tax Annual Cr 372544
    Net Profit Annual Cr 1,0791,411
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 1,414881
    Cash from Investing Activity Annual Cr -1,772-1,889
    Cash from Financing Annual Activity Cr 3591,003
    Net Cash Flow Annual Cr 1-5
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 7,5896,925
    Fixed Assets Annual Cr 6,7415,245
    Total Non Current Assets Annual Cr 8,3857,054
    Total Current Assets Annual Cr 3,8873,803
    Total Assets Annual Cr 12,27210,857
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 393358
    ROE Annual % 1420
    ROCE Annual % 1725
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2129
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 2,2532,1592,3172,1662,6582,6192,374
    Operating Expenses Qtr Cr 1,7201,6581,8371,8962,2312,1751,871
    Operating Profit Qtr Cr 533501480269426444503
    Depreciation Qtr Cr 160155156149137129120
    Interest Qtr Cr 24222614533
    Tax Qtr Cr 108989543129111116
    Net Profit Qtr Cr 347332260108382307375
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 10,1068,733
    Operating Expenses Annual Cr 8,0526,286
    Operating Profit Annual in Cr 1,7072,009
    Depreciation Cr 571455
    Interest Annual Cr 489
    Tax Annual Cr 377547
    Net Profit Annual Cr 1,0571,435
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 1,448908
    Cash from Investing Activity Annual Cr -1,783-1,897
    Cash from Financing Annual Activity Cr 359980
    Net Cash Flow Annual Cr 23-9
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 7,5576,933
    Fixed Assets Annual Cr 6,7765,278
    Total Non Current Assets Annual Cr 8,4207,085
    Total Current Assets Annual Cr 3,9283,894
    Total Assets Annual Cr 12,34810,979
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 391359
    ROE Annual % 1421
    ROCE Annual % 1626
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2129
    Invest in Balkrishna Industries

    Balkrishna Industries Technicals

    EMA & SMA

    Current Price
    ₹2,560.8
    1.1 (0.04%)
    pointer
    • Bullish Moving Average
    • ___
    • 7
    • Bearish Moving Average
    • ___
    • 9
    • 20 Day
    • ₹2,567.65
    • 50 Day
    • ₹2,546.35
    • 100 Day
    • ₹2,485.86
    • 200 Day
    • ₹2,383.26
    • 20 Day
    • ₹2,572.00
    • 50 Day
    • ₹2,567.33
    • 100 Day
    • ₹2,490.28
    • 200 Day
    • ₹2,324.21

    Balkrishna Industries Resistance and Support

    PIVOT
    ₹2,560.6
    Resistance
    First Resistance 2,592.20
    Second Resistance 2,623.60
    Third Resistance 2,655.20
    RSI 49.36
    MFI 47.03
    MACD Single Line 3.31
    MACD 1.90
    Support
    First Resistance 2,529.20
    Second Resistance 2,497.60
    Third Resistance 2,466.20

    Balkrishna Industries Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 387,596 24,612,346 63.5
    Week 346,472 22,378,614 64.59
    1 Month 305,546 16,343,666 53.49
    6 Month 275,259 12,631,634 45.89

    Balkrishna Industries Result Highlights

    Balkrishna Industries Synopsis

    NSE-Auto/Truck-Tires & Misc

    Balkrishna Ind. is involved in the business activities of Manufacture of rubber tyres and tubes. Company’s Total Operating Revenue is Rs. 9810.52 Cr. and Equity Capital is Rs. 38.66 Cr. for the Year ended 31/03/2023. 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.
    Market Cap 49,457
    Sales 8,806
    Shares in Float 8.12
    No of funds 514
    Yield 0.63
    Book Value 6.52
    U/D Vol ratio 0.9
    LTDebt / Equity 14
    Alpha 0.06
    Beta 0.84

    Balkrishna Industries

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 58.29%58.29%58.29%58.29%
    Mutual Funds 12.66%12.39%11.37%11.67%
    Insurance Companies 7.75%7.77%7.93%7.64%
    Foreign Portfolio Investors 12.53%12.4%12.42%12.45%
    Financial Institutions/ Banks 0.18%
    Individual Investors 6.33%6.53%7.23%7.42%
    Others 2.44%2.62%2.58%2.53%

    Balkrishna Industries Management

    Name Designation
    Mr. Arvind Poddar Chairman & Managing Director
    Mr. Rajiv Poddar Joint Managing Director
    Mr. Vipul Shah Whole Time Director & Co. Secretary
    Mrs. Vijaylaxmi Poddar Non Exe.Non Ind.Director
    Mr. Sandeep Junnarkar Non Exe. & Ind. Director
    Mr. Pannkaj Ghadiali Non Exe. & Ind. Director
    Mr. Rajendra Hingwala Non Exe. & Ind. Director
    Ms. Shruti Shah Non Exe. & Ind. Director

    Balkrishna Industries Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Balkrishna Industries Corporate Action

    Date Purpose Remarks
    2023-10-21 Quarterly Results & Interim Dividend
    2023-08-05 Quarterly Results & Interim Dividend
    2023-05-27 Audited Results & Final Dividend
    2023-02-11 Quarterly Results & Interim Dividend
    2022-11-14 Quarterly Results & Interim Dividend
    Date Purpose Remarks
    2023-10-31 INTERIM Rs.4.00 per share(200%)Second Interim Dividend
    2023-08-12 INTERIM Rs.4.00 per share(200%)First Interim Dividend
    2023-07-11 FINAL Rs.4.00 per share(200%)Final Dividend
    2023-02-18 INTERIM Rs.4.00 per share(200%)Third Interim Dividend
    2022-11-22 INTERIM Rs.4.00 per share(200%)Second Interim Dividend

    Balkrishna Industries MF Shareholding

    Name Amount(cr)
    HDFC Mid-Cap Opportunities Fund Growth 47,846
    Parag Parikh Flexi Cap Regular Growth 44,038
    Kotak Flexicap Fund Growth 39,269
    Mirae Asset Large Cap Fund Regular Growth 34,377
    Kotak Emerging Equity Scheme Growth 33,700

    Balkrishna Industries FAQs

    What is Share Price of Balkrishna Industries ?

    Balkrishna Industries share price is ₹2,560 As on 04 December, 2023 | 20:50

    What is the Market Cap of Balkrishna Industries ?

    The Market Cap of Balkrishna Industries is ₹49504.7 Cr As on 04 December, 2023 | 20:50

    What is the P/E ratio of Balkrishna Industries ?

    The P/E ratio of Balkrishna Industries is 47.3 As on 04 December, 2023 | 20:50

    What is the PB ratio of Balkrishna Industries ?

    The PB ratio of Balkrishna Industries is 6.6 As on 04 December, 2023 | 20:50

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

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