Balkrishna Industries Ltd.
Snapshot View

2337.15 +8.05 ▲0.4%

26 July 2021, 04:00:00 P.M.
Volume: 6,135

Overview View Details

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:

  • Agricultural tires
  • Industrial tires
  • OTR tires

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

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

Balance Sheet View Details

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

Profit Loss View Details

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

Cash Flow View Details

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

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 58.30 58.30 58.30 58.30 58.30 58.30 58.30 58.30 58.30
Public 41.70 41.70 41.70 41.70 41.70 41.70 41.70 41.70 41.70
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

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
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.

Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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