Balkrishna Industries (BALKRISIND.NS) Stock Price
Balkrishna Industries Price
Over the last 19 years Balkrishna Industries grew revenue by 14.1% annually, reaching 108.23 B INR. Earnings per share have grown at 15.3% per year over the last 19 years. For Balkrishna Industries, the net margin of 11.5% is down versus 17.5% a few years ago. At today's price the dividend yield works out to roughly 0.60%. The payout ratio is around 21% of earnings. The dividend has grown at 16.1% per year over the past 19 years. The consensus 12-month price target for Balkrishna Industries is 2,346.00 INR, about 16.9% above where the stock trades today. Of 22 analysts, 1 rate the stock a buy — an overall Sell consensus.
Balkrishna Industries stock price
Balkrishna Industries business model & stock analysis
Frequently asked questions about Balkrishna Industries
Balkrishna Industries Ltd (BKT) operates with a robust business model. The company specializes in manufacturing off-highway tires for various industries such as agriculture, construction, and mining. BKT focuses on delivering high-quality and technologically advanced tires to meet the specific requirements of its customers worldwide. With a portfolio that encompasses diverse tire applications, BKT has gained a strong market presence and is known for its innovation, reliability, and tire performance. This enables BKT to cater to the evolving needs of its customers and maintain a competitive edge in the global tire market.
Balkrishna Industries Ltd is primarily active in the tire manufacturing industry.
The main competitors of Balkrishna Industries Ltd in the market include companies like Apollo Tyres Ltd, CEAT Ltd, JK Tyre & Industries Ltd, and MRF Ltd.
Balkrishna Industries Ltd is a leading manufacturer of off-highway tires globally. Established in 1987, the company has a robust history and background in the tire industry. Over the years, Balkrishna Industries Ltd has gained prominence for its high-quality products and innovative solutions. With a diverse product portfolio catering to various industries such as agriculture, construction, and mining, the company has become a trusted name in the market. Balkrishna Industries Ltd is known for its cutting-edge research and development efforts, ensuring customer satisfaction and industry-leading performance. With its strong market presence and commitment to excellence, Balkrishna Industries Ltd continues to thrive as a prominent player in the tire manufacturing sector.
Balkrishna Industries Ltd, a leading tire manufacturing company, has achieved several significant milestones throughout its journey. The company's commitment to innovation and excellence has resulted in notable achievements. Balkrishna Industries Ltd successfully entered the prestigious Forbes Global 2000 list, a testament to its financial strength and market position. Furthermore, the company has consistently demonstrated its commitment to sustainability by obtaining ISO 14001 certification for its environmental management system. Balkrishna Industries Ltd has experienced substantial growth, expanding its global presence with manufacturing facilities in India, the Netherlands, and the United States. These milestones highlight Balkrishna Industries Ltd's unwavering dedication to growth, sustainability, and global leadership.
Balkrishna Industries Ltd is primarily present in several countries and regions worldwide. As a leading global player in the off-highway tire market, Balkrishna Industries has established a strong presence in various key markets. The company's products are sold and distributed across North America, Europe, Asia-Pacific, Africa, and other regions. With its extensive distribution network and customer base, Balkrishna Industries serves a wide range of industries including agriculture, construction, and mining in countries such as the United States, Germany, India, Brazil, Australia, and South Africa.
Balkrishna Industries Ltd represents core values of integrity, innovation, and excellence. With a strong corporate philosophy, the company strives to deliver quality products and services to its customers. Balkrishna Industries Ltd prioritizes sustainable growth and aims to create long-term value for its stakeholders. By focusing on technological advancements and adopting best industry practices, the company maintains a competitive edge in the market. Balkrishna Industries Ltd promotes a culture of professionalism, teamwork, and transparency, fostering strong relationships with employees, customers, and partners. This commitment to upholding ethical standards and driving growth has established Balkrishna Industries Ltd as a reliable and trusted player in the industry.
Analysts currently set an average price target of 2,346.57 INR for the Balkrishna Industries stock (median: 2,346.00 INR), implying +17.0 % versus the latest price. The consensus is based on 22 analyst ratings.
22 analysts currently rate the Balkrishna Industries stock: 1 recommend buying, 9 holding and 12 selling.
Converted at the current exchange rate, the Balkrishna Industries share trades at 18.82 EUR (2,006.20 INR).
The Balkrishna Industries share (BALKRISIND.NS) is listed on 2 stock exchanges, including: NSE (Indien) (BALKRISIND.NS).
Balkrishna Industries Ltd. (BKT) is a multinational manufacturer of off-highway tires as well as agricultural and industrial tires. Based in Mumbai, India, BKT is one of the leading brands in the industry and supplies customers in over 160 countries worldwide. The company's business model is divided into various divisions, each associated with different product groups. The divisions include agricultural, industrial, construction machinery and ATV tires, as well as truck and bus tires. BKT's product range is wide and includes a variety of tire types, including tractor tires, lawnmower tires, construction machinery tires, and forklift tires. The tires are manufactured in various sizes and designs to meet the needs of customers in different industries. In the agricultural division, BKT offers tires for agricultural vehicles such as tractors, harvesters, trailers, planting machines, and seeders. The product range also includes specialized tires for use in vineyards and orchards, as well as tires for use on unpaved terrain. In the industrial division, BKT offers tires for forklifts, industrial machinery, mining vehicles, and material handling. The product range also includes tires for airport baggage carts, container and port cranes, as well as for ground maintenance equipment such as snow blowers and sweepers. In the construction machinery division, BKT offers tires for construction vehicles such as excavators, bulldozers, cranes, graders, and rollers. The product range also includes tires for specialized vehicles such as heavy-duty cranes, dump trucks, and concrete pumps, as well as for agricultural, forestry, and gardening work. In the ATV division, BKT offers tires for use in ATV vehicles, quads, and UTVs. The product range includes both street and off-road tires in various sizes and designs. In the truck and bus tire division, BKT offers tires for heavy-duty commercial vehicles and buses. The product range includes tires for various applications such as long-haul and regional transport, construction site traffic, and highway use. In addition to division-specific products, BKT also offers a range of accessories including tubes, rims, valves, and tire repair kits. An important aspect of BKT's business model is investment in research and development. The company operates research centers in India, Europe, and the USA to develop innovative technologies for tire manufacturing. BKT also works closely with customers to develop customized solutions for their specific requirements. BKT focuses on broad market penetration and aims to multiply the sales of its products worldwide through distribution channels such as resellers and dealers. The company also operates its own sales branches in various countries to provide optimal advice and support to customers on-site. Overall, BKT's business model is considered successful as the company has experienced steady growth in recent years and is considered a trendsetter in the industry. By focusing on research and development, as well as offering a wide product range and engaging in effective sales activities, BKT is able to meet customer demands and further expand its market position.
The revenue of Balkrishna Industries is 108.23 B INR. This figure is based on current financial data and reflects the company's business performance.
The profit of Balkrishna Industries is 12.43 B INR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Balkrishna Industries is currently 31.20. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Balkrishna Industries stock.
The price-to-sales ratio (P/S) of Balkrishna Industries is currently 3.58. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Balkrishna Industries stock.
The Eulerpool Quality Score for Balkrishna Industries is 7/10.
The ISIN of Balkrishna Industries is INE787D01026. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of Balkrishna Industries is BALKRISIND.NS. The ticker symbol is used to trade Balkrishna Industries shares on the stock exchange.
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All fundamentals and in-depth analysis of Balkrishna Industries
Our stock analysis for Balkrishna Industries stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Balkrishna Industries. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.