Balkrishna Industries
- Advice
- Hold
Balkrishna Industries Performance
Day Range
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52 Week Range
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- High
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Start SIP in Balkrishna Industries
Start SIPBalkrishna Industries Investment Rating
-
Master Rating:
-
Balkrishna Industries has an operating revenue of Rs. 9,816.73 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 trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 59 which is a POOR score indicating inconsistency in earnings, a RS Rating of 50 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 51 indicates it belongs to a fair industry group of Auto/Truck-Tires & Misc and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|
| Oper Rev Qtr Cr | 2,142 | 2,704 | 2,646 | 2,374 |
| Operating Expenses Qtr Cr | 1,885 | 2,260 | 2,191 | 1,874 |
| Operating Profit Qtr Cr | 257 | 445 | 455 | 500 |
| Depreciation Qtr Cr | 145 | 134 | 126 | 117 |
| Interest Qtr Cr | 14 | 4 | 3 | 2 |
| Tax Qtr Cr | 42 | 128 | 109 | 115 |
| Net Profit Qtr Cr | 100 | 404 | 320 | 374 |
Balkrishna Industries Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 16
- 20 Day
- 1990.49
- 50 Day
- 2044.83
- 100 Day
- 2066.76
- 200 Day
- 2081.66
- 20 Day
- 1987.82
- 50 Day
- 2090.15
- 100 Day
- 2083.86
- 200 Day
- 2081.8
Balkrishna Industries Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 1972.47 |
| Second Resistance | 1980.19 |
| Third Resistance | 1991.42 |
| RSI | 39.58 |
| MFI | 47.21 |
| MACD Single Line | -37.2 |
| MACD | -33.78 |
| Support | |
|---|---|
| First Resistance | 1953.52 |
| Second Resistance | 1942.29 |
| Third Resistance | 1934.57 |
Balkrishna Industries Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 272,048 | 19,813,256 | 72.83 |
| Week | 176,747 | 9,968,545 | 56.4 |
| 1 Month | 217,075 | 11,991,195 | 55.24 |
| 6 Month | 289,865 | 13,875,856 | 47.87 |
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 | 37,725 |
| Sales | 9,867 |
| Shares in Float | 8.12 |
| No of funds | 521 |
| Yield | 0.82 |
| Book Value | 5.45 |
| U/D Vol ratio | 0.7 |
| LTDebt / Equity | 7 |
| Alpha | -0.01 |
| Beta | 0.84 |
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 FAQs
What is Share Price of Balkrishna Industries ?
Balkrishna Industries share price is ₹1955 As on 01 April, 2023 | 06:59
What is the Market Cap of Balkrishna Industries ?
The Market Cap of Balkrishna Industries is ₹37793.5 Cr As on 01 April, 2023 | 06:59
What is the P/E ratio of Balkrishna Industries ?
The P/E ratio of Balkrishna Industries is 32.2 As on 01 April, 2023 | 06:59
What is the PB ratio of Balkrishna Industries ?
The PB ratio of Balkrishna Industries is 5.5 As on 01 April, 2023 | 06:59