Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: 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:

Revenue projections for BALKRISIND
Revenue projections for BALKRISIND

BALKRISIND is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 1.318000
forwardPE 22.037815
debtToEquity 31.455000
earningsGrowth -0.243000
revenueGrowth 0.026000
grossMargins 0.515600
operatingMargins 0.158150
trailingEps 85.510000
forwardEps 0.000000

Balkrishna Industries Limited's current ratio is 1.318, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting Balkrishna Industries Limited has no trouble covering its short-term financial obligations.
BALKRISIND's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
Balkrishna Industries Limited's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
BALKRISIND's negative gross and operating margins highlight potential financial struggles, as the company is not covering its production or operational expenses. This could lead to broader concerns about its ability to achieve profitability.

Price projections:

Price projections for BALKRISIND
Price projections for BALKRISIND

BALKRISIND's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about BALKRISIND's ability to meet previous growth targets.

Recommendation changes over time:

Recommendations trend for BALKRISIND
Recommendations trend for BALKRISIND


Analysts have recently developed a sell bias for BALKRISIND, suggesting caution when making investment decisions. Investors are advised to rely on a broad range of market indicators rather than solely on this bias to ensure a more comprehensive understanding of the stock's potential before taking action.