Balkrishna Industries Ltd Analyst Rating
based on 19 analysts
35.00%
Buy
20.00%
Hold
45.00%
Sell
Based on 19 analysts offering long term price targets for Balkrishna Industries Ltd. An average target of ₹2944.26
Source: S&P Global Market Intelligence
Balkrishna Industries Ltd Share analysis
Balkrishna Industries Ltd price forecast by 19 analysts
Upside of8.19%
High
₹3500
Target
₹2944.26
Low
₹2137
Balkrishna Industries Ltd target price ₹2944.26, a slight upside of 8.19% compared to current price of ₹2681.6. According to 19 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Balkrishna Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2027:41.54%
Forecast
Actual
Including amortisation and stock based compensations
Balkrishna Industries Ltd EPS growth forecast
EPS estimate Q1, FY2027:59.31%
Forecast
Actual
Source: S&P Global Market Intelligence
Balkrishna Industries Ltd Performance
Day's Low
Day's High
₹2,666.8Day's Price Range₹2,82452 Week's Low
52 Week's High
₹2,193.852-Week Price Range₹3,375
| Returns % | |
| 1 Month Return | -3.38 % |
| 3 Month Return | -8.35 % |
| 1 Year Return | + 3.8 % |
| Market Stats | |
| Previous Close | ₹2,721.50 |
| Open | ₹2,721.50 |
| Volume | 4.97L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹52,611.27Cr |
Balkrishna Industries Ltd Key Statistics
| P/E Ratio | 32.29 |
| PEG Ratio | 1.07 |
| Market Cap | ₹52,611.27 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 | ₹52,611.27 Cr | 29.94% | 0.63 | ₹1,471 Cr | ₹9,368 Cr | |
| BUY | ₹59,629.79 Cr | 88.25% | 0.61 | ₹924 Cr | ₹14,030 Cr | |
| BUY | ₹35,192.15 Cr | 11.36% | 0.58 | ₹517 Cr | ₹3,184 Cr | |
| HOLD | ₹58,192.95 Cr | 27.64% | 0.68 | ₹910 Cr | ₹15,682 Cr | |
| HOLD | ₹29,674.23 Cr | 19.61% | 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: ₹2681.60 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹52,611.27Cr 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 Stock Declines Amid Bearish Trend - 03 Jan, 2025
On January 3, 2025, Balkrishna Industries Ltd. stock fell by 3.29%, underperforming its sector. It traded below all key moving averages, indicating a bearish trend. The stock's monthly performance showed a decrease of 1.15%, better than the Sensex's decline of 2.01%. Current market sentiment has led to a Sell call by MarketsMOJO, reflecting ongoing challenges.
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 15.36% to 16.09% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, CEAT Ltd has given 23.6% return, outperforming this stock by 26.7%
- NO EFFECT
Against Peers
In the last 3 years, CEAT Ltd has given 170.6% return, outperforming this stock by 166.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.29% of holdings in Dec 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 6 months, BALKRISIND stock has moved down by -17.8%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 11.72% to 11.28% in Dec 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 6.53% to 6.47% in Dec 2024 quarter
- 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
- 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
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 | 11.28% | ||
| Mutual Funds | 16.09% | 4.76 | |
| Retail Investors | 6.47% | ||
| Others | 7.87% |
Balkrishna Industries Ltd Key Indicators
Balkrishna Industries Ltd Valuation
Balkrishna Industries Ltd in the last 5 years
Lowest (15.39x)
March 23, 2020
Industry (26.62x)
January 20, 2025
Today (32.29x)
January 20, 2025
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 0.60%.
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
Balkrishna Industries Ltd share price today stands at ₹2681.6, Open. ₹2721.5 ; Previous Close. ₹2721.5 ; High. ₹2824 ; Low. ₹2666.8 ; 52 Week High. ₹3375 ; 52 Week Low: ₹2193.8.
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Balkrishna Industries Ltd is listed on NSE
Balkrishna Industries Ltd is listed on BSE
- Today’s highest price of Balkrishna Industries Ltd is ₹2824.
- Today’s lowest price of Balkrishna Industries Ltd is ₹2666.8.
PE Ratio of Balkrishna Industries Ltd is 32.29
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 4.97L.
Today’s market capitalisation of Balkrishna Industries Ltd(BALKRISIND) is ₹52611.27Cr.
| Balkrishna Industries Ltd(BALKRISIND | Price |
|---|---|
52 Week High | ₹3375 |
52 Week Low | ₹2193.8 |
Balkrishna Industries Ltd(BALKRISIND) share price is ₹2681.6. It is down -20.55% from its 52 Week High price of ₹3375
Balkrishna Industries Ltd(BALKRISIND) share price is ₹2681.6. It is up 22.24% from its 52 Week Low price of ₹2193.8
| Balkrishna Industries Ltd(BALKRISIND | Returns |
|---|---|
1 Day Returns | -39.9% |
1 Month Returns | -3.38% |
3 Month Returns | -8.35% |
1 Year Returns | 3.8% |