BALKRISHNA INDUSTRIES LIMITED Financials Balkrishna Industries Limited NSE India S.E.
Equities
BALKRISIND
INE787D01026
Tires & Rubber Products
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3,130 INR | -1.92% |
|
-1.73% | +21.85% |
Valuation
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 152,933 | 326,793 | 413,380 | 377,297 | 448,109 | 604,918 | - | - |
| Enterprise Value (EV) 1 | 150,902 | 323,545 | 418,946 | 389,089 | 448,109 | 609,573 | 594,024 | 604,918 |
| P/E ratio | 16.2 x | 28.3 x | 29.3 x | 35 x | 31.2 x | 35.2 x | 28.7 x | - |
| Yield | 2.53% | 1.01% | 1.87% | 0.82% | - | 0.75% | 0.91% | 1.3% |
| Capitalization / Revenue | 3.2 x | 5.68 x | 5 x | 3.85 x | 4.82 x | 5.64 x | 5.03 x | - |
| EV / Revenue | 3.16 x | 5.62 x | 5.07 x | 3.97 x | 4.82 x | 5.69 x | 4.94 x | - |
| EV / EBITDA | 10.1 x | 18.1 x | 21.2 x | 22.7 x | 20.3 x | 22.3 x | 18.4 x | 16.2 x |
| EV / FCF | 37.6 x | 71.6 x | -59.3 x | -115 x | - | 38.3 x | 31.2 x | - |
| FCF Yield | 2.66% | 1.4% | -1.69% | -0.87% | - | 2.61% | 3.21% | - |
| Price to Book | 3.06 x | 5.44 x | 5.97 x | 4.97 x | - | 5.97 x | 5.24 x | - |
| Nbr of stocks (in thousands) | 193,317 | 193,317 | 193,317 | 193,317 | 193,317 | 193,317 | - | - |
| Reference price 2 | 791.1 | 1,690 | 2,138 | 1,952 | 2,318 | 3,129 | 3,129 | 3,129 |
| Announcement Date | 6/20/20 | 5/14/21 | 5/13/22 | 5/27/23 | 5/17/24 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 47,825 | 57,579 | 82,667 | 98,105 | 92,987 | 107,207 | 120,362 | - |
| EBITDA 1 | 14,981 | 17,855 | 19,755 | 17,156 | 22,041 | 27,328 | 32,274 | 37,369 |
| EBIT 1 | 11,301 | 15,408 | 15,317 | 11,590 | 15,603 | 20,000 | 23,788 | 29,532 |
| Operating Margin | 23.63% | 26.76% | 18.53% | 11.81% | 16.78% | 18.66% | 19.76% | - |
| Earnings before Tax (EBT) 1 | 11,228 | 15,310 | 19,545 | 14,512 | 18,991 | 22,991 | 28,024 | - |
| Net income 1 | 9,450 | 11,554 | 14,107 | 10,787 | 14,376 | 17,296 | 21,197 | - |
| Net margin | 19.76% | 20.07% | 17.06% | 11% | 15.46% | 16.13% | 17.61% | - |
| EPS 2 | 48.88 | 59.77 | 72.97 | 55.80 | 74.37 | 88.92 | 109.1 | - |
| Free Cash Flow 1 | 4,017 | 4,517 | -7,060 | -3,371 | - | 15,898 | 19,062 | - |
| FCF margin | 8.4% | 7.84% | -8.54% | -3.44% | - | 14.83% | 15.84% | - |
| FCF Conversion (EBITDA) | 26.82% | 25.3% | - | - | - | 58.18% | 59.06% | - |
| FCF Conversion (Net income) | 42.51% | 39.09% | - | - | - | 91.92% | 89.93% | - |
| Dividend per Share 2 | 20.00 | 17.00 | 40.00 | 16.00 | - | 23.40 | 28.52 | 40.60 |
| Announcement Date | 6/20/20 | 5/14/21 | 5/13/22 | 5/27/23 | 5/17/24 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 20,300 | 23,739 | 26,463 | 27,043 | 21,423 | 23,176 | 21,200 | 22,258 | 22,798 | 26,731 |
| EBITDA 1 | 4,434 | 4,995 | 4,555 | 4,445 | 2,572 | 4,708 | 4,814 | 5,184 | 5,390 | 6,653 |
| EBIT 1 | 4,405 | 3,828 | 3,293 | 3,105 | 1,123 | 3,194 | - | 3,598 | 3,799 | 4,929 |
| Operating Margin | 21.7% | 16.13% | 12.44% | 11.48% | 5.24% | 13.78% | - | 16.16% | 16.67% | 18.44% |
| Earnings before Tax (EBT) 1 | 4,387 | 4,884 | 4,288 | 5,321 | 1,418 | 3,484 | 4,106 | 4,438 | 4,111 | 6,336 |
| Net income 1 | 3,286 | 3,737 | 3,197 | 4,038 | 996.2 | 2,556 | 3,123 | 3,354 | 3,091 | 4,808 |
| Net margin | 16.19% | 15.74% | 12.08% | 14.93% | 4.65% | 11.03% | 14.73% | 15.07% | 13.56% | 17.99% |
| EPS 2 | 16.99 | 19.33 | 16.54 | 20.89 | 5.150 | 13.22 | 16.15 | 17.35 | 15.99 | 24.88 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/14/22 | 5/13/22 | 8/4/22 | 11/14/22 | 2/11/23 | 5/27/23 | 8/5/23 | 10/21/23 | 1/24/24 | 5/17/24 |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 5,566 | 11,792 | - | 4,655 | - | - |
| Net Cash position 1 | 2,031 | 3,248 | - | - | - | - | 10,895 | - |
| Leverage (Debt/EBITDA) | - | - | 0.2817 x | 0.6873 x | - | 0.1703 x | - | - |
| Free Cash Flow 1 | 4,017 | 4,517 | -7,060 | -3,371 | - | 15,898 | 19,062 | - |
| ROE (net income / shareholders' equity) | 19.5% | 20.9% | 21.8% | 14.9% | - | 18.2% | 19.3% | - |
| ROA (Net income/ Total Assets) | 14.4% | 15.6% | 14.9% | 9.33% | - | 11.9% | 12.6% | - |
| Assets 1 | 65,805 | 73,859 | 94,486 | 115,647 | - | 145,343 | 168,230 | - |
| Book Value Per Share 2 | 259.0 | 311.0 | 358.0 | 393.0 | - | 525.0 | 597.0 | - |
| Cash Flow per Share 2 | 60.20 | 70.50 | 45.60 | 73.20 | - | 117.0 | 168.0 | - |
| Capex 1 | 7,622 | 9,113 | 15,873 | 17,514 | - | 7,793 | 8,944 | - |
| Capex / Sales | 15.94% | 15.83% | 19.2% | 17.85% | - | 7.27% | 7.43% | - |
| Announcement Date | 6/20/20 | 5/14/21 | 5/13/22 | 5/27/23 | 5/17/24 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -0.69% | 6.59B | |
| +11.75% | 6.02B | |
| +9.47% | 4.91B | |
| +17.94% | 4.15B | |
| -4.52% | 3.96B | |
| -6.81% | 3.75B | |
| +15.25% | 3.48B | |
| +50.92% | 3.18B | |
| +5.41% | 1.7B |
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- BALKRISIND Stock
- BALKRISIND Stock
- Financials Balkrishna Industries Limited
