| Sector |
Automobile & Ancillaries
|
Compare with Sector peers |
| Industry |
Tyres & Allied
|
Compare with Industry peers |
| Website | http://www.bkt-tires.com | |
| Financial Indicators | ||
|---|---|---|
| Market Cap | 45,134.73 Cr. | |
| Earnings per share (EPS) | 60.91 | Trailing Twelve Months Ending 2021-03 |
| Price-Earning Ratio (PE) | 38.33 | Trailing Twelve Months Ending 2021-03 |
| Industry PE | 29.13 | Trailing Twelve Months Ending 2021-03 |
| Book Value / Share | 310.36 | Trailing Twelve Months Ending 2021-03 |
| Price to Book Value | 7.52 | Calculated using Price: 2,334.75 |
| Dividend Yield | 0.73 | Period Ending 2021-03 |
| No. of Shares Subscribed | 19.33 Cr. | 193,317,190 Shares |
| FaceValue | 2 | |
| Company Profile | ||
|
While the group foundation dates back to the 1950s, Balkrishna Industries (BKT) started its Off-Highway tire business in 1987. For many years, the company has successfully focused on specialist segments such as agricultural, construction and industrial as well as earthmoving, port and mining, ATV, and gardening applications. Talent for innovation has been the company’s strength ever since as a result of consistent and continuous investment into Research and Development (R&D) as well as into tire technology, tire machinery and tire manufacturing processes. Its independent R&D Center in Bhuj ensures research into innovative product design and development as well as sustainable materials. This includes ‘the tire of the future’ project as well as new compounding methods by using rubber obtained from the Russian Dandelion TKS as a renewable alternative to natural rubber. In addition, it produces in-house its own tire molds and carbon black pigments. This provides company with major autonomy and ensures enhanced quality control throughout the entire supply chain. Business area of the company The company is primarily engaged into Specialty ‘Off Highway Tire segment’ which is consisting of Agriculture, Industrial, Construction, Earthmoving, Mining, Port, Lawn and Garden and All-Terrain Vehicle (ATVs) Tires, etc. This segment is highly technical & capital intensive and known as ‘large varieties low volume segment’ where any credible player needs to maintain large number of Stock Keeping Units (SKUs) to meet the diverse requirement of its customers worldwide. While the sub segment (agriculture) is largely known as non-cyclical in nature, the other sub segment (industrial, construction and mining) is generally considered as cyclical and the performance of it is largely linked to overall economic outlook of the world. The market for company’s products is mainly Europe, America, Australasia and India. Products:
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Company Profile
While the group foundation dates back to the 1950s, Balkrishna Industries (BKT) started its Off-Highway tire business in 1987. For many years, the company has successfully focused on specialist segments such as agricultural, construction and industrial as well as earthmoving, port and mining, ATV, and gardening applications.
Talent for innovation has been the company’s strength ever since as a result of consistent and continuous investment into Research and Development (R&D) as well as into tire technology, tire machinery and tire manufacturing processes. Its independent R&D Center in Bhuj ensures research into innovative product design and development as well as sustainable materials. This includes ‘the tire of the future’ project as well as new compounding methods by using rubber obtained from the Russian Dandelion TKS as a renewable alternative to natural rubber. In addition, it produces in-house its own tire molds and carbon black pigments. This provides company with major autonomy and ensures enhanced quality control throughout the entire supply chain.
Business area of the company
The company is primarily engaged into Specialty ‘Off Highway Tire segment’ which is consisting of Agriculture, Industrial, Construction, Earthmoving, Mining, Port, Lawn and Garden and All-Terrain Vehicle (ATVs) Tires, etc. This segment is highly technical & capital intensive and known as ‘large varieties low volume segment’ where any credible player needs to maintain large number of Stock Keeping Units (SKUs) to meet the diverse requirement of its customers worldwide. While the sub segment (agriculture) is largely known as non-cyclical in nature, the other sub segment (industrial, construction and mining) is generally considered as cyclical and the performance of it is largely linked to overall economic outlook of the world. The market for company’s products is mainly Europe, America, Australasia and India.
Products:
| 1 Day |
|
+0.35% |
| 1 Week |
|
-0.38% |
| 1 Month |
|
+4.02% |
| 3 Month |
|
+37.06% |
| 6 Month |
|
+39.00% |
| 1 Year |
|
+85.95% |
| 2 Year |
|
+224.22% |
| 5 Year |
|
+559.47% |
| 9 years | 2013-03 | 2014-03 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 27.41 | 28.44 | 22.66 | 17.65 | 22.69 | 19.30 | 17.71 | 19.86 | 21.39 | |
| Return on Capital Employed (%) | 17.47 | 18.48 | 16.97 | 15.35 | 22.50 | 22.88 | 22.70 | 20.07 | 24.21 | |
| Return on Assets (%) | 9.51 | 10.35 | 9.14 | 8.32 | 12.82 | 12.61 | 12.52 | 14.45 | 15.73 |
| Particulars | 9 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Shh. Funds | 1,443 | 1,895 | 2,276 | 2,775 | 3,543 | 4,083 | 4,654 | 5,008 | 6,000 | |
| Non Curr. Liab. | 1,771 | 1,886 | 1,549 | 1,098 | 599 | 361 | 370 | 240 | 265 | |
| Curr. Liab. | 937 | 1,241 | 1,493 | 1,526 | 1,647 | 1,434 | 1,455 | 1,558 | 1,902 | |
| Minority Int. | ||||||||||
| Equity & Liab. | 4,151 | 5,021 | 5,318 | 5,398 | 5,789 | 5,878 | 6,479 | 6,806 | 8,166 | |
| Non Curr. Assets | 2,639 | 3,543 | 3,247 | 3,833 | 4,043 | 3,862 | 4,008 | 4,885 | 5,685 | |
| Curr. Assets | 1,512 | 1,479 | 2,071 | 1,566 | 1,746 | 2,017 | 2,471 | 1,921 | 2,482 | |
| Misc. Exp. not W/O | ||||||||||
| Total Assets | 4,151 | 5,021 | 5,318 | 5,398 | 5,789 | 5,878 | 6,479 | 6,806 | 8,166 |
| Particulars | 9 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Net Sales | 3,394 | 3,772 | 3,817 | 3,239 | 3,723 | 4,444 | 5,210 | 4,811 | 5,783 | |
| Other Income | 5 | 14 | 277 | 174 | 254 | 340 | 218 | 368 | 172 | |
| Total Income | 3,398 | 3,786 | 4,094 | 3,413 | 3,977 | 4,784 | 5,428 | 5,179 | 5,955 | |
| Total Expenditure | -2,725 | -2,882 | -3,089 | -2,417 | -2,592 | -3,341 | -3,907 | -3,655 | -3,972 | |
| PBIDT | 674 | 904 | 1,005 | 996 | 1,385 | 1,442 | 1,522 | 1,524 | 1,983 | |
| Interest | -28 | -27 | -48 | -40 | -22 | -15 | -12 | -11 | -12 | |
| Depreciation | -112 | -170 | -244 | -282 | -304 | -311 | -333 | -374 | -416 | |
| Taxation | -184 | -232 | -241 | -229 | -342 | -380 | -403 | -180 | -377 | |
| Exceptional Items | ||||||||||
| PAT | 350 | 475 | 473 | 446 | 717 | 736 | 774 | 960 | 1,178 |
| Particulars | 9 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | 549 | 602 | 984 | 1,072 | 847 | 750 | 820 | 1,173 | 1,339 | |
| Cash Fr. Inv. | -1,011 | -1,230 | -437 | -552 | -563 | -92 | -636 | -678 | -1,173 | |
| Cash Fr. Finan. | 370 | 365 | -130 | -625 | -589 | -654 | -165 | -495 | -158 | |
| Net Change | -92 | -263 | 417 | -105 | -306 | 4 | 20 | 1 | 8 | |
| Cash & Cash Eqvt | 278 | 15 | 434 | 328 | 23 | 26 | 46 | 47 | 55 |
|
Mon, 26 Jul 2021
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011 The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for HDFC Asset Management Company Ltd |
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Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021 Balkrishna Industries Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here |
|
Tue, 20 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018 Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 we are enclosing herewith Certificate received from M/s. KFin Technologies Private Limited the Registrar & Transfer Agent of the Company for quarter ended 30th June 2021. |
| Mon, 26 Jul 2021 |
Stock Outperforming Sectoral Index in both 1 Week and 3 Month
|
Strongly Outperforming Benchmark Index
|
Strongly Outperforming Sectoral Index
|
Increasing Relative Strength - Sectoral Index
|
Close Within 2 Year High Zone
|
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