Balkrishna Industries
- Advice
- Hold
Balkrishna Industries Performance
Day Range
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52 Week Range
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- High
- Open Price
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Start SIP in Balkrishna Industries
Start SIPBalkrishna Industries Investment Rating
-
Master Rating:
-
Balkrishna Industries has an operating revenue of Rs. 9,696.97 Cr. on a trailing 12-month basis. An annual revenue growth of 47% is outstanding, Pre-tax margin of 24% is great, ROE of 20% is exceptional. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 9% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 76 which is a FAIR score but needs to improve its earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 32 indicates it belongs to a strong industry group of Auto/Truck-Tires & Misc and a Master Score of B is close to being the best. Overall, the stock definitely has some strength, you may want to examine it in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|
| Oper Rev Qtr Cr | 2,704 | 2,646 | 2,374 |
| Operating Expenses Qtr Cr | 2,260 | 2,191 | 1,874 |
| Operating Profit Qtr Cr | 445 | 455 | 500 |
| Depreciation Qtr Cr | 134 | 126 | 117 |
| Interest Qtr Cr | 4 | 3 | 2 |
| Tax Qtr Cr | 128 | 109 | 115 |
| Net Profit Qtr Cr | 404 | 320 | 374 |
Balkrishna Industries Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- 2222.86
- 50 Day
- 2158.5
- 100 Day
- 2113.26
- 200 Day
- 2104.1
- 20 Day
- 2228.16
- 50 Day
- 2152.83
- 100 Day
- 2039.74
- 200 Day
- 2099.39
Balkrishna Industries Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 2319.5 |
| Second Resistance | 2338.65 |
| Third Resistance | 2369.81 |
| RSI | 65.36 |
| MFI | 63.87 |
| MACD Single Line | 31.51 |
| MACD | 34.97 |
| Support | |
|---|---|
| First Resistance | 2269.2 |
| Second Resistance | 2238.06 |
| Third Resistance | 2218.9 |
Balkrishna Industries Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 130,465 | 5,129,884 | 39.32 |
| Week | 166,925 | 7,613,431 | 45.61 |
| 1 Month | 245,902 | 13,728,684 | 55.83 |
| 6 Month | 350,008 | 16,929,896 | 48.37 |
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. 8266.71 Cr. and Equity Capital is Rs. 38.66 Cr. for the Year ended 31/03/2022. 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 | 43,864 |
| Sales | 9,754 |
| Shares in Float | 8.12 |
| No of funds | 521 |
| Yield | 0.7 |
| Book Value | 6.42 |
| U/D Vol ratio | 2 |
| LTDebt / Equity | 7 |
| Alpha | 0.02 |
| Beta | 0.94 |
Balkrishna Industries
| Owner Name | Dec-22 | Sep-22 | Jun-22 | Mar-22 |
|---|---|---|---|---|
| Promoters | 58.29% | 58.29% | 58.29% | |
| Mutual Funds | 11.67% | 11.1% | 11.01% | |
| Insurance Companies | 7.64% | 6.93% | ||
| Foreign Portfolio Investors | 12.45% | 12.96% | 14.3% | |
| Financial Institutions/ Banks | 0.17% | 0.16% | ||
| Individual Investors | 7.42% | 8.17% | 7.53% | |
| Others | 2.53% | 2.38% | 8.71% |
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 Independent Director |
| Mr. Sandeep Junnarkar | Independent Director |
| Mr. Pannkaj Ghadiali | Independent Director |
| Mr. Rajendra Hingwala | Independent Director |
| Ms. Shruti Shah | Independent Director |
Balkrishna Industries Forecast
Price Estimates
Balkrishna Industries Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-02-11 | Quarterly Results & Interim Dividend | |
| 2022-11-14 | Quarterly Results & Interim Dividend | |
| 2022-08-04 | Quarterly Results & 1st Interim Dividend | |
| 2022-05-13 | Audited Results & Final Dividend | |
| 2022-02-14 | Quarterly Results & Interim Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-02-18 | INTERIM | Third Interim Dividend |
| 2022-11-22 | INTERIM | Rs.4.00 per share(200%)Second Interim Dividend |
| 2022-08-13 | INTERIM | Rs.4.00 per share (200%) First Interim Dividend |
| 2022-06-27 | FINAL | Rs.4.00 per share(200%)Final Dividend |
| 2022-02-22 | SPECIAL | Rs.12.00 per share (600%) Special Diamond Jubilee Dividend |
Balkrishna Industries FAQs
What is Share Price of Balkrishna Industries ?
Balkrishna Industries share price is ₹2273 As on 07 February, 2023 | 16:04
What is the Market Cap of Balkrishna Industries ?
The Market Cap of Balkrishna Industries is ₹43959.4 Cr As on 07 February, 2023 | 16:04
What is the P/E ratio of Balkrishna Industries ?
The P/E ratio of Balkrishna Industries is 31.3 As on 07 February, 2023 | 16:04
What is the PB ratio of Balkrishna Industries ?
The PB ratio of Balkrishna Industries is 6.3 As on 07 February, 2023 | 16:04