BALKRISIND

Balkrishna Industries

₹2,797.75
+133.2 (5%)
  • Advice
  • Hold
20 May, 2024 10:07 BSE: 502355 NSE: BALKRISINDISIN: INE787D01026

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Balkrishna Industries Performance

Day Range

  • Low 2,751
  • High 2,798
₹ 2,797

52 Week Range

  • Low 2,130
  • High 2,798
₹ 2,797
  • Open Price2,788
  • Previous Close2,665
  • Volume101328

Balkrishna Industries Share Price

  • Over 1 Month +19.13%
  • Over 3 Month +20.39%
  • Over 6 Month +5.83%
  • Over 1 Year +30.19%

Balkrishna Industries Key Statistics

P/E Ratio 36.8
PEG Ratio 0.9
Market Cap Cr 54,085
Price to Book Ratio 6.1
EPS 53.4
Dividend 0.6
Relative Strength Index 82.82
Money Flow Index 73.67
MACD Signal 46.32
Average True Range 68.08
Balkrishna Industries Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,6732,2802,2262,1202,318
Operating Expenses Qtr Cr 2,0081,7411,7071,6391,847
Operating Profit Qtr Cr 665539518481471
Depreciation Qtr Cr 172159159154151
Interest Qtr Cr 3035232125
Tax Qtr Cr 1531021089893
Net Profit Qtr Cr 481309335312256
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 9,74610,148
Operating Expenses Annual Cr 7,0958,095
Operating Profit Annual in Cr 2,2041,716
Depreciation Cr 644557
Interest Annual Cr 10946
Tax Annual Cr 461372
Net Profit Annual Cr 1,4381,079
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 2,0521,414
Cash from Investing Activity Annual Cr -1,468-1,772
Cash from Financing Annual Activity Cr -568359
Net Cash Flow Annual Cr 1
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8,8627,589
Fixed Assets Annual Cr 7,2286,741
Total Non Current Assets Annual Cr 9,0128,385
Total Current Assets Annual Cr 4,5933,887
Total Assets Annual Cr 13,60512,272
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 458393
ROE Annual % 1614
ROCE Annual % 2017
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2921
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,6822,2742,2532,1592,317
Operating Expenses Qtr Cr 2,0011,7341,7201,6581,837
Operating Profit Qtr Cr 681541533501480
Depreciation Qtr Cr 174161160155156
Interest Qtr Cr 3136242226
Tax Qtr Cr 1601041089895
Net Profit Qtr Cr 487305347332260
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 9,81810,106
Operating Expenses Annual Cr 7,1148,052
Operating Profit Annual in Cr 2,2551,707
Depreciation Cr 651571
Interest Annual Cr 11348
Tax Annual Cr 470377
Net Profit Annual Cr 1,4711,057
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 2,0831,448
Cash from Investing Activity Annual Cr -1,476-1,783
Cash from Financing Annual Activity Cr -602359
Net Cash Flow Annual Cr 23
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8,8547,557
Fixed Assets Annual Cr 7,2626,776
Total Non Current Assets Annual Cr 9,0408,420
Total Current Assets Annual Cr 4,6443,928
Total Assets Annual Cr 13,68512,348
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 458391
ROE Annual % 1714
ROCE Annual % 2016
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2921

Balkrishna Industries Technicals

EMA & SMA

Current Price
₹2,797.75
+133.2 (5%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹2,500.33
  • 50 Day
  • ₹2,430.32
  • 100 Day
  • ₹2,423.01
  • 200 Day
  • ₹2,408.34
  • 20 Day
  • ₹2,468.54
  • 50 Day
  • ₹2,378.37
  • 100 Day
  • ₹2,418.24
  • 200 Day
  • ₹2,463.80

Balkrishna Industries Resistance and Support

PIVOT
₹2,782.19
Resistance
First Resistance 2,813.32
Second Resistance 2,828.88
Third Resistance 2,860.02
RSI 82.82
MFI 73.67
MACD Single Line 46.32
MACD 76.24
Support
First Support 2,766.62
Second Support 2,735.48
Third Supoort 2,719.92

Balkrishna Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 119,773 7,170,810 59.87
Week 365,528 15,078,009 41.25
1 Month 332,996 17,901,868 53.76
6 Month 344,674 17,692,118 51.33

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 51,510
Sales 9,299
Shares in Float 8.12
No of funds 541
Yield 0.62
Book Value 5.81
U/D Vol ratio 1.2
LTDebt / Equity 8
Alpha -0.03
Beta 0.89

Balkrishna Industries Shareholding Pattern

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 58.29%58.29%58.29%58.29%
Mutual Funds 14.63%14.01%12.66%12.39%
Insurance Companies 6.74%6.61%7.75%7.77%
Foreign Portfolio Investors 12.24%12.69%12.53%12.4%
Financial Institutions/ Banks 0.01%
Individual Investors 6.03%6.09%6.33%6.53%
Others 2.06%2.31%2.44%2.62%

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
2024-05-17 Audited Results & Final Dividend
2024-01-24 Quarterly Results & 3rd Interim Dividend
2023-10-21 Quarterly Results & Interim Dividend
2023-08-05 Quarterly Results & Interim Dividend
2023-05-27 Audited Results & Final Dividend
Date Purpose Remarks
2024-02-02 INTERIM Rs.4.00 per share(200%)Third Interim Dividend
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

Balkrishna Industries FAQs

What is Share Price of Balkrishna Industries ?

Balkrishna Industries share price is ₹2,797 As on 20 May, 2024 | 09:53

What is the Market Cap of Balkrishna Industries ?

The Market Cap of Balkrishna Industries is ₹54085.3 Cr As on 20 May, 2024 | 09:53

What is the P/E ratio of Balkrishna Industries ?

The P/E ratio of Balkrishna Industries is 36.8 As on 20 May, 2024 | 09:53

What is the PB ratio of Balkrishna Industries ?

The PB ratio of Balkrishna Industries is 6.1 As on 20 May, 2024 | 09:53

Q2FY23