More about Balkrishna Industries Limited
Fundamentals for Balkrishna Industries Limited
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Fundamentals for Balkrishna Industries Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
Balkrishna Industries Limited manufactures and sells tires in India, Europe, North America, and internationally. It provides off-highway tires for use in various applications, such as agricultural, mining, forestry, construction, industrial, earthmoving, port, all-terrain vehicle, and turf care applications. The company was incorporated in 1961 and is headquartered in Mumbai, India.
Revenue projections:
Revenues for BALKRISIND are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 26.760038 |
| debtToEquity | 35.269000 |
| earningsGrowth | -0.150000 |
| revenueGrowth | 0.069000 |
| grossMargins | 0.501710 |
| operatingMargins | 0.163590 |
| trailingEps | 67.860000 |
| forwardEps | 93.228570 |
Balkrishna Industries Limited's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns.
Balkrishna Industries Limited's low earnings and revenue growth point to a likely decrease in profits. This suggests that the company is facing financial difficulties and may struggle to maintain its current level of profitability.
BALKRISIND's negative gross and operating margins indicate the company is operating at a loss, unable to generate profit from its core business activities. This suggests financial strain and potential challenges in maintaining profitability.
BALKRISIND's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that BALKRISIND is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
The stock price of Balkrishna Industries Limited has often been near the lower end of projections, indicating that it may not be meeting investor expectations. This trend could suggest challenges ahead for the company.
Recommendation changes over time:
A recent sell bias for BALKRISIND from analysts suggests caution for investors. However, decisions should be grounded in a diverse set of market indicators, ensuring that a wider perspective is considered before making any moves regarding the stock's performance and potential risks.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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