Ratings Balkrishna Industries Limited NSE India S.E.

Equities

BALKRISIND

INE787D01026

Delayed NSE India S.E. Other stock markets 07:43:53 2024-07-02 am EDT			5-day change	1st Jan Change
3,130 ^INR	-1.92%		-1.73%	+21.85%

Jun. 26	Balkrishna Industries Limited Proposes Final Dividend for the Financial Year 2023-24, Payable on or After 19 July, 2024	CI
May. 21	Nomura Upgrades Balkrishna Industries to Buy From Reduce, Adjusts Price Target to INR3,230 From INR2,265	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Strengths

Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by -100% by 2027.
The company is in a robust financial situation considering its net cash and margin position.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 35.19 times its estimated earnings per share for the ongoing year.
Based on current prices, the company has particularly high valuation levels.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The company is highly valued given the cash flows generated by its activity.
The company is not the most generous with respect to shareholders' compensation.

Ratings chart - Surperformance

Sector: Tires & Rubber Products

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
BALKRISHNA INDUSTRIES LIMITED	+21.85%	7.38B		-
MRF LIMITED	-0.69%	6.59B		C-
PIRELLI & C. S.P.A.	+11.75%	6.02B		B+
CHENG SHIN RUBBER IND. CO., LTD.	+9.47%	4.91B		B-
APOLLO TYRES LIMITED	+17.94%	4.15B		B-
HANKOOK TIRE & TECHNOLOGY CO., LTD.	-4.52%	3.96B		B
SHANDONG LINGLONG TYRE CO.,LTD.	-6.81%	3.75B		B
QINGDAO SENTURY TIRE CO., LTD.	+15.25%	3.48B		-
PT MULTISTRADA ARAH SARANA TBK	+50.92%	3.18B	-	-
TRIANGLE TYRE CO.,LTD	+5.41%	1.7B		-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes