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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:
Investors may be wary of BALKRISIND as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 21.762302 |
| debtToEquity | 35.269000 |
| earningsGrowth | -0.150000 |
| revenueGrowth | 0.069000 |
| grossMargins | 0.501710 |
| operatingMargins | 0.163590 |
| trailingEps | 64.380000 |
| forwardEps | 98.808480 |
BALKRISIND's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
BALKRISIND's low earnings and revenue growth indicate potential profit shrinkage. This suggests that the company's financial performance may be weakening, raising concerns about its future profitability and overall business outlook.
BALKRISIND's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.
Balkrishna Industries Limited's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with Balkrishna Industries Limited anticipated to deliver better earnings than it did in the prior year.
Price projections:
The price of BALKRISIND has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.
Recommendation changes over time:
BALKRISIND has faced a sell bias from analysts recently, indicating that caution is advised. Investors should expand their focus to a broader set of market indicators when making decisions, ensuring a well-rounded approach rather than acting solely on one piece of analysis.
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