Balkrishna Industries Limited (BALKRISIND)

Price2,547.20 17.90 (0.71%)52 Week High2,577.25
ISININE787D0102652 Week Low1,796.30
IndustryAutomotive AftermarketVolume152.8 T
SectorConsumer DurablesP/E Ratio TTM45.50
Market Cap487.8 B1 Year Beta0.81
Technical Rating of

Balkrishna Industries Limited (BALKRISIND) logo
  • Balkrishna Industries Limited (BALKRISIND) is an Indian tire company headquartered in Aurangabad, Maharashtra, India. It was incorporated in 1961.
  • The company’s initial focus was on the manufacturing of off-highway tires. It has since expanded its operations to include a wide range of tires, including radial tires, bias tires, and specialty tires.
  • Balkrishna Industries is one of the leading tire companies in India. The company has a pan-India presence and exports its tires to over 50 countries.
  • Balkrishna Industries is a publicly traded company, listed on the Bombay Stock Exchange and the National Stock Exchange of India. The company has a market capitalization of over ₹20,000 crore (US$2.5 billion).
  • Balkrishna Industries is well-positioned for continued growth in the future. The company is targeting to expand its geographic reach and increase its market share.

Here are some of the key points about Balkrishna Industries Limited:

  • Founded in 1961
  • Headquartered in Aurangabad, Maharashtra, India
  • One of the leading tire companies in India
  • Pan-India presence and exports to over 50 countries
  • Publicly traded company
  • Market capitalization of over ₹20,000 crore (US$2.5 billion)
  • Well-positioned for continued growth in the future
  • The company has a strong focus on innovation. It was the first Indian tire company to introduce a radial tire.
  • Balkrishna Industries is also a major supplier of tires to the Indian government.
          

Balkrishna Industries Limited (BALKRISIND) Chart

Technical Analysis of Balkrishna Industries Limited (BALKRISIND)

Moving Averages

PeriodSimpleExponential
MA 52,538.512,526.50
MA 102,482.392,494.19
MA 202,429.482,456.47
MA 302,410.162,438.18
MA 502,419.972,412.90
MA 1002,362.902,351.70
MA 2002,229.262,268.91

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)85.71Aroon Down (14)0.00
MACD Level (12, 26)39.54MACD Signal (12, 26)22.91
Relative Strength Index (7)71.92Relative Strength Index (14)66.34
Stochastic %D (14 3 3)89.03Stochastic %K (14 3 3)85.89
Stochastic RSI Fast (3, 3, 14, 14)89.43Stochastic RSI Slow (3, 3, 14, 14)92.65
Bollinger Upper Band (20)2,572.82Bollinger Lower Band (20)2,286.15
Keltner Channels Upper Band (20)2,568.57Keltner Channels Lower Band (20)2,344.38
Donchian Channels Upper Band (20)2,577.25Donchian Channels Lower Band (20)2,313.50
Ichimoku Conversion Line (9, 26, 52, 26)2,463.63Ichimoku Base Line (9, 26, 52, 26)2,445.38
Ichimoku Leading Span A (9, 26, 52, 26)2,421.54Ichimoku Leading Span B (9, 26, 52, 26)2,409.13
Positive Directional Indicator (14)26.81Negative Directional Indicator (14)13.36
Volume Weighted Average Price2,536.32Volume Weighted Moving Average 202,449.85

Oscillator Rating

Oscillators

Awesome Oscillator122.45
Ultimate Oscillator (7,14,28)70.79
Money Flow (14)72.88
Chaikin Money Flow (20)0.29
Commodity Channel Index (20)127.84
Bull Bear Power102.96

High / Low

1 Month2,577.252,313.50
3 Month2,577.252,276.00
6 Month2,577.251,908.90
52 Week2,577.251,796.30
All Time2,723.8012.00

Volume

Volume152.8 T
Average 10 D266.1 T
Average 30 D200.3 T
Average 60 D255.3 T
Average 90 D305.6 T

Change/Volatility

Change17.90 (0.71%)
Change 1W8.35 (0.33%)
Change 1M224.05 (9.64%)
Volatility2.24
Volatility W1.94

Performance

Yesterday19.18
Weekly1.68
Monthly6.35
3 Month4.63
6 Month28.36
Yearly33.01
5 Year131.82
All Time1,866.95

Misc.

Average Day Range (14)56.52
Average Directional Index (14)18.22
Average True Range (14)55.23
Williams Percent Range (14)-13.22
Rate Of Change (9)6.03
Hull Moving Average (9)2,568.26
Momentum (10)147.05
Parabolic SAR2,441.55

PIVOT POINTS of Balkrishna Industries Limited (BALKRISIND)

NameS3S2S1Pivot PointsR1R2R3
Classic1,863.782,131.182,227.172,398.582,494.572,665.982,933.38
Fibonacci2,131.182,233.332,296.442,398.582,500.732,563.842,665.98
Camarilla2,249.612,274.132,298.642,398.582,347.662,372.172,396.68
Woodie's1,934.902,118.752,202.302,386.152,469.702,653.552,737.10
DeMark's - - 2,179.182,374.592,446.57 - -

Financial Analysis of Balkrishna Industries Limited (BALKRISIND)

Income Statement

Basic EPS (FY)54.70
Basic EPS (TTM)55.99
EBITDA (Annual YoY Growth)-15.43
EBITDA (Quarterly QoQ Growth)4.41
EBITDA (Quarterly YoY Growth)12.83
EBITDA (TTM)17.6 B
EBITDA (TTM YoY Growth)-9.14
EPS Diluted (Annual YoY Growth)-26.33
EPS Diluted (FY)54.70
EPS Diluted (MRQ)16.20
EPS Diluted (Quarterly QoQ Growth)27.74
EPS Diluted (Quarterly YoY Growth)8.12
EPS Diluted (TTM)55.99
EPS Diluted (TTM YoY Growth)-23.34
EPS Forecast (MRQ)20.14
Free Cash Flow (Annual YoY Growth)53.95
Free Cash Flow Margin (FY)-3.11
Gross Profit (Annual YoY Growth)1.70
Gross Profit (FY)28.8 B
Gross Profit (MRQ)8.5 B
Gross Profit (Quarterly QoQ Growth)-3.03
Gross Profit (Quarterly YoY Growth)-24.53
Gross Profit (TTM YoY Growth)-10.03
Last Year Revenue (FY)96.9 B
Revenue (Annual YoY Growth)17.66
Revenue per Employee (FY)10.2 M
Revenue (Quarterly QoQ Growth)-6.80
Revenue (Quarterly YoY Growth)-17.56
Revenue (TTM YoY Growth)2.06
Net Income (Annual YoY Growth)-26.33
Net Income (FY)10.6 B
Net Income (Quarterly QoQ Growth)27.74
Net Income (Quarterly YoY Growth)8.12
Net Income (TTM YoY Growth)-23.34
Total Revenue (FY)96.9 B

Valuation

Enterprise Value/EBITDA (TTM)27.65
Number of Employees9,480.00
Number of Shareholders146,804.00
Shares Float80.2 M
Price to Book (FY)6.52
Price to Earnings Ratio (TTM)45.50
Price to Revenue Ratio (TTM)5.30
Price to Sales (FY)5.08
Total Shares Outstanding193.3 M
Research & development Ratio (FY)0.64
Selling & Admin expenses Ratio (FY)16.69
Selling & Admin expenses Ratio (TTM)25.51

Balance Sheet

Total Assets (Annual YoY Growth)12.34
Total Debt (Annual YoY Growth)32.35
Total Liabilities (FY)47.9 B
Cash & Equivalents (FY)763.3 M
Cash and short term investments (FY)8.5 B

Operating Metrics

Dividends

Dividend Yield Forward0.63
Dividends Paid (FY)-3,090,900,000.00
Dividends per Share (FY)16.00
Dividends per Share (MRQ)4.00

Margins

Net Margin (FY)10.91
Net Margin (TTM)11.64
Gross Margin (FY)29.76
Gross Margin (TTM)38.06
Operating Margin (FY)11.39
Operating Margin (TTM)12.55
Pretax Margin (TTM)15.56

Balkrishna Industries Limited (BALKRISIND) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-232,531.952,566.702,507.752,555.502,555.502.2 T16.8 T1.5 M-183,300
26-Oct-232,530.552,574.952,514.052,562.952,562.958356.4 T328.5 T112.8 T
30-Nov-230.000.000.002,551.952,581.95182.7 T0

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