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- INNOVATIVE TYRES & TUBES - BALKRISHNA INDUSTRIES
INNOVATIVE TYRES & TUBES vs BALKRISHNA INDUSTRIES - Comparison Results
Current Valuations
| INNOVATIVE TYRES & TUBES | BALKRISHNA INDUSTRIES | INNOVATIVE TYRES & TUBES / BALKRISHNA INDUSTRIES |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | - | 37.7 | - | View Chart |
| P/BV | x | - | 6.2 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.8 | - |
Financials
 INNOVATIVE TYRES & TUBES  BALKRISHNA INDUSTRIES |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| INNOVATIVE TYRES & TUBES Mar-23 |
BALKRISHNA INDUSTRIES Mar-23 |
INNOVATIVE TYRES & TUBES / BALKRISHNA INDUSTRIES |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 6 | 2,451 | 0.2% | |
| Low | Rs | 2 | 1,801 | 0.1% | |
| Sales per share (Unadj.) | Rs | 0.9 | 504.8 | 0.2% | |
| Earnings per share (Unadj.) | Rs | -29.4 | 54.7 | -53.8% | |
| Cash flow per share (Unadj.) | Rs | -24.9 | 84.2 | -29.5% | |
| Dividends per share (Unadj.) | Rs | 0 | 20.00 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.9 | 0.0% | |
| Book value per share (Unadj.) | Rs | -24.6 | 390.9 | -6.3% | |
| Shares outstanding (eoy) | m | 17.99 | 193.32 | 9.3% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 4.4 | 4.2 | 103.9% | |
| Avg P/E ratio | x | -0.1 | 38.9 | -0.3% | |
| P/CF ratio (eoy) | x | -0.2 | 25.2 | -0.6% | |
| Price / Book Value ratio | x | -0.2 | 5.4 | -3.0% | |
| Dividend payout | % | 0 | 36.6 | -0.0% | |
| Avg Mkt Cap | Rs m | 71 | 410,992 | 0.0% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 2 | 4,594 | 0.0% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 16 | 97,595 | 0.0% | |
| Other income | Rs m | 2 | 3,465 | 0.1% | |
| Total revenues | Rs m | 19 | 101,061 | 0.0% | |
| Gross profit | Rs m | -534 | 17,359 | -3.1% | |
| Depreciation | Rs m | 82 | 5,708 | 1.4% | |
| Interest | Rs m | 1 | 768 | 0.1% | |
| Profit before tax | Rs m | -614 | 14,348 | -4.3% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -85 | 3,774 | -2.2% | |
| Profit after tax | Rs m | -529 | 10,574 | -5.0% | |
| Gross profit margin | % | -3,287.0 | 17.8 | -18,480.3% | |
| Effective tax rate | % | 13.8 | 26.3 | 52.5% | |
| Net profit margin | % | -3,259.6 | 10.8 | -30,085.6% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 19 | 39,280 | 0.0% | |
| Current liabilities | Rs m | 803 | 33,493 | 2.4% | |
| Net working cap to sales | % | -4,827.0 | 5.9 | -81,407.7% | |
| Current ratio | x | 0 | 1.2 | 2.0% | |
| Inventory Days | Days | 386 | 90 | 427.0% | |
| Debtors Days | Days | 234 | 417 | 56.0% | |
| Net fixed assets | Rs m | 342 | 84,197 | 0.4% | |
| Share capital | Rs m | 180 | 387 | 46.5% | |
| "Free" reserves | Rs m | -622 | 75,183 | -0.8% | |
| Net worth | Rs m | -442 | 75,569 | -0.6% | |
| Long term debt | Rs m | 0 | 10,381 | 0.0% | |
| Total assets | Rs m | 360 | 123,477 | 0.3% | |
| Interest coverage | x | -696.8 | 19.7 | -3,541.3% | |
| Debt to equity ratio | x | 0 | 0.1 | -0.0% | |
| Sales to assets ratio | x | 0 | 0.8 | 5.7% | |
| Return on assets | % | -146.7 | 9.2 | -1,596.6% | |
| Return on equity | % | 119.7 | 14.0 | 855.5% | |
| Return on capital | % | 138.7 | 17.6 | 788.5% | |
| Exports to sales | % | 0 | 69.8 | 0.0% | |
| Imports to sales | % | 0 | 49.0 | 0.0% | |
| Exports (fob) | Rs m | NA | 68,165 | 0.0% | |
| Imports (cif) | Rs m | NA | 47,843 | 0.0% | |
| Fx inflow | Rs m | 0 | 68,165 | 0.0% | |
| Fx outflow | Rs m | 0 | 47,843 | 0.0% | |
| Net fx | Rs m | 0 | 20,322 | -0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 5 | 14,480 | 0.0% | |
| From Investments | Rs m | 1 | -17,831 | -0.0% | |
| From Financial Activity | Rs m | 3 | 3,585 | 0.1% | |
| Net Cashflow | Rs m | 9 | 234 | 4.0% | |
Share Holding
| Indian Promoters | % | 14.0 | 58.3 | 24.0% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 0.0 | 34.3 | - | |
| FIIs | % | 0.0 | 12.2 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 86.0 | 41.7 | 206.2% | |
| Shareholders | 1,981 | 134,831 | 1.5% | ||
| Pledged promoter(s) holding | % | 80.8 | 0.0 | - |
Compare INNOVATIVE TYRES & TUBES With: CEAT APOLLO TYRES TVS SRICHAKRA MRF
More on INNOVATIVE TYRES & TUBES vs Balkrishna Ind
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
INNOVATIVE TYRES & TUBES vs Balkrishna Ind Share Price Performance
| Period | INNOVATIVE TYRES & TUBES | Balkrishna Ind |
|---|---|---|
| 1-Day | -2.01% | 1.25% |
| 1-Month | 22.69% | 6.29% |
| 1-Year | 170.37% | 14.97% |
| 3-Year CAGR | 1.41% | 11.13% |
| 5-Year CAGR | -20.54% | 21.57% |
* Compound Annual Growth Rate
Here are more details on the INNOVATIVE TYRES & TUBES share price and the Balkrishna Ind share price.
Moving on to shareholding structures...
The promoters of INNOVATIVE TYRES & TUBES hold a 14.0% stake in the company. In case of Balkrishna Ind the stake stands at 58.3%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of INNOVATIVE TYRES & TUBES and the shareholding pattern of Balkrishna Ind.
Finally, a word on dividends...
In the most recent financial year, INNOVATIVE TYRES & TUBES paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of -0.0%.
Balkrishna Ind paid Rs 20.0, and its dividend payout ratio stood at 36.6%.
You may visit here to review the dividend history of INNOVATIVE TYRES & TUBES , and the dividend history of Balkrishna Ind.
Today's Market
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After opening the day on positive note, Indian share markets reversed the trend as the session progressed and ended lower.
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