Balkrishna Industries Ltd Analyst Rating
based on 21 analysts
33.33%
Buy
28.57%
Hold
38.10%
Sell
Based on 21 analysts offering long term price targets for Balkrishna Industries Ltd. An average target of ₹2923.43
Source: S&P Global Market Intelligence
Balkrishna Industries Ltd Share analysis
Balkrishna Industries Ltd price forecast by 21 analysts
Upside of3.69%
High
₹3500
Target
₹2923.43
Low
₹2159
Balkrishna Industries Ltd target price ₹2923.43, a slight upside of 3.69% compared to current price of ₹2790.05. According to 21 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Balkrishna Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:26.81%
Forecast
Actual
Including amortisation and stock based compensations
Balkrishna Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:40.02%
Forecast
Actual
Source: S&P Global Market Intelligence
Balkrishna Industries Ltd Performance
Day's Low
Day's High
₹2,768.5Day's Price Range₹2,852.5552 Week's Low
52 Week's High
₹2,193.852-Week Price Range₹3,375
| Returns % | |
| 1 Month Return | + 3.58 % |
| 3 Month Return | -9.9 % |
| 1 Year Return | + 13.71 % |
| Market Stats | |
| Previous Close | ₹2,819.50 |
| Open | ₹2,820.90 |
| Volume | 3.11L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹54,731.00Cr |
Balkrishna Industries Ltd Key Statistics
| P/E Ratio | 33.45 |
| PEG Ratio | 1.11 |
| Market Cap | ₹54,731.00 Cr |
| P/B Ratio | 5.06 |
| EPS | 76.12 |
| Dividend Yield | 0.69 |
| Sector | Tyres |
| ROE | 15.52 |
Balkrishna Industries Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹54,731.00 Cr | 39.29% | 0.63 | ₹1,471 Cr | ₹9,368 Cr | |
| BUY | ₹59,276.68 Cr | 101.31% | 0.61 | ₹924 Cr | ₹14,030 Cr | |
| BUY | ₹37,979.03 Cr | 13.75% | 0.58 | ₹517 Cr | ₹3,184 Cr | |
| HOLD | ₹62,459.89 Cr | 31.86% | 0.68 | ₹910 Cr | ₹15,682 Cr | |
| HOLD | ₹31,220.12 Cr | 23.02% | 0.50 | ₹680 Cr | ₹10,240 Cr |
About Balkrishna Industries Ltd
BKT's operations span across four major lines of business: agricultural, earthmoving, industrial, and ATV/UTV tires. The company is well-known for producing high-performance, durable tires for a variety of applications. Their agricultural tires are used for tractors, harvesters, and other agricultural machinery. Meanwhile, their earthmoving tires are used for construction and mining vehicles. BKT also manufactures industrial tires for forklifts, port equipment, and other industrial machinery.
BKT's top products include the Agrimax Force, Agrimax Spargo, Earthmax SR 41, Earthmax SR 47, and Earthmax SR 53. These tires are renowned for their superior traction, long-lasting performance, and high-quality materials. BKT's popular brands include Agrimax, Earthmax, and BKT. These tires are used by leading OEMs and aftermarket customers around the world.
Share Price: ₹2790.05 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹54,731.00Cr as of today
Revenue: ₹2,419.74Cr as on September 2024 (Q3 24)
Net Profit: ₹346.94Cr as on September 2024 (Q3 24)
Listing date: 10 May, 1995
Chairperson Name: Arvind Poddar
| Organisation | Balkrishna Industries Ltd |
| Headquarters | Mumbai |
| Industry | Tyres |
| E-voting on shares | Click here to vote |
Key events for Balkrishna Industries Ltd
Balkrishna Industries Reports Q2 Results and Dividend - 28 Oct, 2024
Balkrishna Industries shares surged after announcing Q2 FY25 results, showing steady revenue growth despite a slight decline in net profit. An interim dividend of ₹4 per share was also declared.Balkrishna Industries Reports Q2 Results and Dividend - 27 Oct, 2024
Balkrishna Industries Ltd reported a slight 0.14% YoY decline in net profit to ₹346.9 crore for Q2 FY2024-25. The board declared a second interim dividend of ₹4 per equity share.Balkrishna Industries Announces Ex-Dividend Date - 26 Oct, 2024
Balkrishna Industries Ltd will trade ex-dividend on October 31, 2024, offering an interim dividend of Rs 4 per share, with the record date also set for the same day.Balkrishna Industries Reports Q2 Results and Dividend - 25 Oct, 2024
Balkrishna Industries reported Q2 FY25 results with a revenue increase of 7.4% to ₹2,420 crore and a flat net profit of ₹346.9 crore. The company declared a second interim dividend of ₹4 per share. Overall, the results reflect stable performance amid market challenges.Balkrishna Industries Shares Decline Amid Rubber Supply Concerns - 04 Oct, 2024
On October 4, Balkrishna Industries shares fell 3.53%, closing at Rs 2,860, due to worries over a global natural rubber supply shortage and rising prices. The stock has declined 6.61% over the last two days.
Insights on Balkrishna Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 14.56% to 15.36% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 58.29% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, CEAT Ltd has given 187.3% return, outperforming this stock by 153.4%
- NO EFFECT
Against Peers
In the last 1 year, CEAT Ltd has given 26.7% return, outperforming this stock by 13.9%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 6.66% to 6.53% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 12.61% to 11.72% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 489.99 Cr → 346.94 Cr (in ₹), with an average decrease of 29.2% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, BALKRISIND stock has moved down by -13.9%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.87K Cr → 2.51K Cr (in ₹), with an average decrease of 12.7% per quarter
Balkrishna Industries Ltd Financials
Index Inclusions
Balkrishna Industries Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 58.29% | 0.00 | |
| Foreign Institutions | 11.72% | ||
| Mutual Funds | 15.36% | 5.51 | |
| Retail Investors | 6.53% | ||
| Others | 8.1% | 2.71 |
Balkrishna Industries Ltd Key Indicators
Balkrishna Industries Ltd Valuation
Balkrishna Industries Ltd in the last 5 years
Lowest (15.39x)
March 23, 2020
Industry (29.39x)
December 19, 2024
Today (33.45x)
December 19, 2024
Highest (48.97x)
November 16, 2023
Balkrishna Industries Ltd Earnings and Dividends
Balkrishna Industries Ltd Earnings Results
Balkrishna Industries Ltd’s net profit fell -0.14% since last year same period to ₹346.94Cr in the Q2 2024-2025. On a quarterly growth basis, Balkrishna Industries Ltd has generated -29.19% fall in its net profits since last 3-months.
Read More about Earnings ResultsBalkrishna Industries Ltd Dividends October,2024
In the quarter ending September 2024, Balkrishna Industries Ltd has declared dividend of ₹4 - translating a dividend yield of 0.57%.
Read More about Dividends
Balkrishna Industries Ltd Technicals Summary
Bearish
Neutral
Bullish
Balkrishna Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Balkrishna Industries Ltd
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Balkrishna Industries Ltd (BALKRISIND) share price today is ₹2790.05
Balkrishna Industries Ltd is listed on NSE
Balkrishna Industries Ltd is listed on BSE
- Today’s highest price of Balkrishna Industries Ltd is ₹2852.55.
- Today’s lowest price of Balkrishna Industries Ltd is ₹2768.5.
PE Ratio of Balkrishna Industries Ltd is 33.45
PE ratio = Balkrishna Industries Ltd Market price per share / Balkrishna Industries Ltd Earnings per share
Today’s traded volume of Balkrishna Industries Ltd(BALKRISIND) is 3.11L.
Today’s market capitalisation of Balkrishna Industries Ltd(BALKRISIND) is ₹54731Cr.
| Balkrishna Industries Ltd(BALKRISIND | Price |
|---|---|
52 Week High | ₹3375 |
52 Week Low | ₹2193.8 |
Balkrishna Industries Ltd(BALKRISIND) share price is ₹2790.05. It is down -17.33% from its 52 Week High price of ₹3375
Balkrishna Industries Ltd(BALKRISIND) share price is ₹2790.05. It is up 27.18% from its 52 Week Low price of ₹2193.8
| Balkrishna Industries Ltd(BALKRISIND | Returns |
|---|---|
1 Day Returns | -29.45% |
1 Month Returns | 3.58% |
3 Month Returns | -9.9% |
1 Year Returns | 13.71% |