Balkrishna Industries Ltd

NSE :BALKRISIND   BSE :502355  Sector : Tyres
Buy, Sell or Hold BALKRISIND? Ask The Analyst

BSE

prev close

OPEN PRICE

bid price (qty)

offer price (qty)

volume

Today's low / high

52 WK low / high

NSE

prev close

open price

bid price (qty)

offer price (qty)

volume

Today's' low / high

52 WK low / high

19 Apr
2348.40
(0.60%)
18 Apr
2334.35
(-0.75%)
16 Apr
2352.10
(-1.48%)
15 Apr
2387.45
(-0.23%)
12 Apr
2393.05
(-1.07%)
10 Apr
2419.05
(-0.59%)
09 Apr
2433.50
(-0.34%)
08 Apr
2441.75
(1.55%)
05 Apr
2404.50
(2.64%)
04 Apr
2342.75
(1.06%)
03 Apr
2318.10
(-0.62%)
02 Apr
2332.45
(2.09%)
01 Apr
2284.75
(-1.41%)
28 Mar
2317.35
(1.16%)
27 Mar
2290.85
(1.08%)
26 Mar
2266.40
(-0.42%)
22 Mar
2276.05
(-1.45%)
21 Mar
2309.55
(1.28%)
20 Mar
2280.40
(-0.18%)
19 Mar
2284.50
(1.07%)
18 Mar
2260.35
(-0.29%)

Price Chart Historical Data Technical Chart

Technical Analysis

Short Term Investors

Bullish
Medium Term Investors

Very Bullish
Long Term Investors

Bearish

Moving Averages

5 DMA
Bearish

2361.78

10 DMA
Bearish

2385.12

20 DMA
Bullish

2340.95

50 DMA
Bullish

2312.44

100 DMA
Bearish

2437.18

200 DMA
Bearish

2456.29


Intraday Support and Resistance
(Based on Pivot Points) |

Updated On Apr 19, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 2471.36 2413.53 2373.26 - -
R2 2413.53 2379 2364.97 2419.85 -
R1 2380.96 2357.66 2356.69 2393.6 2397.25
P 2323.13 2323.13 2323.13 2329.45 2331.28
S1 2290.56 2288.6 2340.11 2303.2 2306.85
S2 2232.73 2267.26 2331.83 2239.05 -
S3 2200.16 2232.73 2323.54 - -

Key Metrics

EPS

62.71

P/E

37.35

P/B

5.5

Dividend Yield

0.68%

Market Cap

45,399 Cr.

Face Value

2

Book Value

425.69

ROE

14.59%

EBITDA Growth

605.23 Cr.

Debt/Equity

0.41

Shareholding Pattern

  58.29% Total Promoter Holding
14.63% Mutual Fund Holdings
12.24% FIIs
7.38% Non Institution
6.74% Insurance Companies
0% Custodians
0.72% Other Parties

Shareholding History

Quarterly Result (Figures in Rs. Crores)


Balkrishna Industries Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 2210.54 2374.02 2265.11 2360.28 2340.04
PROFIT 108.38 259.8 331.88 347.44 305.42
EPS 5.61 13.44 17.17 17.97 15.8

Balkrishna Industries Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 2185.43 2371.62 2223.7 2332.8 2346.25
PROFIT 99.62 255.55 312.28 335.39 309.09
EPS 5.15 13.22 16.15 17.35 15.99

Profit & Loss (Figures in Rs. Crores)


Balkrishna Industries Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 3798.8 4078.74 3390.02 3982.36 4834.76 5487.71 5002.79 6099.35 8990.61 10101.19
PROFIT 474.63 472.29 446.22 643.5 713.32 752.35 824.44 1163.33 1413.46 998.96
EPS 24.39 24.21 22.26 36.53 38.06 40.02 49.65 60.92 74.26 54.7

Balkrishna Industries Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 3587.07 4043.92 3356.68 3976.99 4826.47 5497.23 4982.45 6068.2 8952.64 10101.12
PROFIT 488.43 489.59 421.37 642.04 700.62 739.19 896.84 1106.06 1313.87 1032.89
EPS 25.1 25.05 21.89 36.46 38.24 40.46 48.89 59.77 72.98 55.8

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 38.6638.6638.6638.6638.6638.6619.3319.3319.3319.33
Reserves Total 7,518.276,894.355,961.164,969.624,6154,044.733,523.532,755.52,256.651,875.75
Total Shareholders Funds7,556.936,933.015,999.825,008.284,653.664,083.393,542.862,774.832,275.981,895.08
Secured Loans 625.23210.88998.91928.76868.64648.09794.141,115.921,604.682,126.07
Unsecured Loans 2,721.32,317.712.213.242.5219.38596.73782.38753.16312.45
Total Debt3,346.532,528.591,001.12932871.14867.471,390.871,898.32,357.842,438.52
Other Liabilities156.7858.3660.0659.9142.7129.6527.6821.031.39-0.27
Total Liabilities11,060.249,519.967,0616,000.195,567.514,980.514,961.414,694.164,635.214,333.33
APPLICATION OF FUNDS :
Gross Block 8,404.166,493.155,389.144,912.54,016.753,748.13,438.413,142.93,322.253,082.45
Less: Accumulated Depreciation3,020.112,473.762,018.821,604.991,230.5898.96589.68284.12906.85693.46
Net Block5,384.054,019.393,370.323,307.512,786.252,849.142,848.732,858.782,415.42,388.99
Capital Work in Progress1,391.61,258.4855.52586.59600.41118.66109.67231.07634.04564.86
Investments 2,036.711,896.681,417.651,062.51,082.551,102.671,349.19835.87444.06370.19
Inventories 1,667.371,672.09939.72615.64758.71618.87476.12398.26411.41568.4
Sundry Debtors 1,115.271,096.15753.59589.86517.1479.63411.67384.95581.15613.76
Cash and Bank Balance76.3351.7175.1469.0865.6333.4324.81329.96434.2114.93
Loans and Advances 294.38389.7318.65295.75365.68401.5371.49202.43258.12279.63
Total Current Assets3,153.353,209.652,087.11,570.331,707.121,533.431,284.091,315.61,684.881,476.73
Current Liabilities 1,038.861,203.65896.88623.64578.24561.41469.2449.68459.05479.43
Provisions 6.714.475.114.217.727.425.628.6535.3928.99
Total Current Liabilities & Provisions1,045.571,208.12901.99627.85585.96568.83474.82458.33494.44508.41
Net Current Assets2,107.782,001.531,185.11942.481,121.16964.6809.27857.271,190.44968.32
Deferred Tax Assets0012.8126.4116.3311.248.0828.714.863.59
Deferred Tax Liability241.85250.9216.31204.72341.87340.11360.93274.62193.57183.15
Net Deferred Tax-241.85-250.9-203.5-178.31-325.54-328.87-352.85-245.91-188.71-179.56
Other Assets381.95594.86435.9279.42302.68274.31197.4157.08139.97220.53
Total Assets11,060.249,519.967,0616,000.195,567.514,980.514,961.414,694.164,635.194,333.33
Contingent Liabilities856.351,076.79678.96671.25991.85618.161,356.42574.6458.141,042.37
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 38.6638.6638.6638.6638.6638.6619.3319.3319.3319.33
Reserves Total 7,550.486,885.895,968.554,989.444,640.054,056.573,531.92,762.332,272.341,865.47
Total Shareholders Funds7,589.146,924.556,007.215,028.14,678.714,095.233,551.232,781.662,291.671,884.8
Secured Loans 537.65125.21186.83136.01183250.91475.781,097.891,604.682,064.84
Unsecured Loans 2,716.322,317.46707.25726.65646.6584.54885.37782.27753.16285.17
Total Debt3,253.972,442.67894.08862.66829.6835.451,361.151,880.162,357.842,350.01
Other Liabilities152.6955.1957.3857.7641.0429.6427.6823.271.39-0.74
Total Liabilities10,995.89,422.416,958.675,948.525,549.354,960.324,940.064,685.094,650.94,234.07
APPLICATION OF FUNDS :
Gross Block 8,327.566,432.285,337.024,876.094,016.223,748.13,438.043,142.193,321.253,001.4
Less : Accumulated Depreciation 2,978.392,446.182,002.841,599.021,230.13899.06589.45283.97906.49671.95
Net Block 5,349.173,986.13,334.183,277.072,786.092,849.042,848.592,858.222,414.762,329.45
Capital Work in Progress1,391.61,258.4855.52585.56585.42118.28109.67231.07634.04476.34
Investments 2,037.291,897.271,418.241,063.091,083.061,103.231,349.74866.07444.86426.51
Inventories 1,592.351,639.4909.27580.35713594.19459.69387.71392.01529.08
Sundry Debtors 1,253.541,097.68730.13649.24568.12501.93412.19380.34603.29618.47
Cash and Bank Balance37.7835.2554.2945.555.6124.5813.7302.84431.139.8
Loans and Advances 228.7346.03302.85250.81335.13379.6364.84197.51254.55274.13
Total Current Assets3,112.373,118.361,996.541,525.91,671.861,500.31,250.421,268.41,680.981,431.48
Current Liabilities 1,030.031,179.3872.88600.2547.15548.07457.09443.59439.66439.4
Provisions 5.214.475.114.217.737.425.626.3935.3928.37
Total Current Liabilities & Provisions1,035.241,183.77877.99604.41554.88555.49462.71449.98475.05467.77
Net Current Assets2,077.131,934.591,118.55921.491,116.98944.81787.71818.421,205.94963.7
Deferred Tax Assets0012.8126.4116.3311.248.0828.194.863.44
Deferred Tax Liability241.29250.91216.31204.72341.87340.12360.95274.62193.52175.62
Net Deferred Tax-241.29-250.91-203.5-178.31-325.54-328.88-352.87-246.43-188.66-172.18
Other Assets381.9596.96435.68279.62303.34273.84197.22157.74139.96210.25
Total Assets10,995.89,422.416,958.675,948.525,549.354,960.324,940.064,685.094,650.94,234.06
Contingent Liabilities943.931,162.48785.77740.591,033.39650.181,386.13592.62458.141,017.88

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...1,434.79
Depreciation570.81
Interest (Net)11.61
P/L on Sales of Assets-1.79
P/L on Sales of Invest17.62
Prov. and W/O (Net)3.32
P/L in Forex69.13
Total Adjustments (PBT and Ext...542.62
Operating Profit before Workin...1,977.41
Trade and 0ther Receivables143.15
Inventories4.72
Trade Payables-333.15
Total Adjustments (OP before W...-186.51
Cash Generated from/(used in) ...1,790.9
Direct Taxes Paid-342.93
Total Adjustments(Cash Generat...-342.93
Cash Flow before Extraordinary...1,447.97
Net Cash from Operating Activi...1,447.97
Purchased of Fixed Assets-1,762.47
Sale of Fixed Assets10.22
Purchase of Investments-198.3
Sale of Investments127.4
Interest Received37.96
Net Cash used in Investing Act...-1,783.12
Proceed from 0ther Long Term B...3,921.26
Proceed from Short Tem Borrowi...324.62
Of the Long Tem Borrowings-3,536.17
Of Financial Liabilities-0.06
Dividend Paid-309.09
Interest Paid-42.02
Net Cash used in Financing Act...358.54
Net Profit before Tax and Extr...1,451.16
Depreciation556.63
Interest (Net)9.23
Dividend Received17.42
P/L on Sales of Assets-1.79
Prov. and W/O (Net)3.32
P/L in Forex88.49
Total Adjustments (PBT and Ext...545.38
Operating Profit before Workin...1,996.54
Trade and 0ther Receivables-42.58
Inventories47.05
Trade Payables-247.54
Total Adjustments (OP before W...-244.3
Cash Generated from/(used in) ...1,752.24
Direct Taxes Paid-337.91
Total Adjustments(Cash Generat...-337.91
Cash Flow before Extraordinary...1,414.33
Net Cash from Operating Activi...1,414.33
Purchased of Fixed Assets-1,751.4
Sale of Fixed Assets10.2
Purchase of Investments-198.3
Sale of Investments109.98
Interest Received37.94
Net Cash used in Investing Act...-1,772.07
Proceed from 0ther Long Term B...3,921.26
Proceed from Short Tem Borrowi...322.72
Of the Long Tem Borrowings-3,536.17
Of Financial Liabilities-0.06
Dividend Paid-309.09
Interest Paid-39.62
Net Cash used in Financing Act...359.04

Company Details

Registered Office
AddressB-66 Walu MIDC,
Waluj Industrial Area
CityAurangabad.
StateMaharashtra
Pin Code431136
Tel. No.91-0240-6646950/66663800
Fax. No.91-0240-2554143/66663898
Emailshares@bkt-tires.com
Internethttp://www.bkt-tires.com
Registrars
AddressB-66 Walu MIDC
CityAurangabad.
StateMaharashtra
Pin Code431136
Tel. No.91-0240-6646950/66663800
Fax. No.91-0240-2554143/66663898
Emailshares@bkt-tires.com
Internethttp://www.bkt-tires.com
Management
Name Designation
Arvind PoddarChairman & Managing Director
Rajiv PoddarJoint Managing Director
Vipul ShahWhole-time Director & CS
Vijaylaxmi PoddarDirector
Pannkaj Chimanlal GhadialiIndependent Director
Shruti ShahIndependent Director
Sandeep JunnarkarIndependent Director
Rajendra HingwalaIndependent Director
Rahul DuttAdditional Director
Laxmidas MerchantIndependent Director