JK TYRE & IND | BALKRISHNA INDUSTRIES | JK TYRE & IND/ BALKRISHNA INDUSTRIES |
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P/E (TTM) | x | 14.4 | 37.2 | 38.9% | View Chart |
P/BV | x | 3.2 | 6.1 | 52.0% | View Chart |
Dividend Yield | % | 0.5 | 0.8 | 57.7% |
JK TYRE & IND BALKRISHNA INDUSTRIES |
EQUITY SHARE DATA | |||||
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JK TYRE & IND Mar-23 |
BALKRISHNA INDUSTRIES Mar-23 |
JK TYRE & IND/ BALKRISHNA INDUSTRIES |
5-Yr Chart Click to enlarge
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High | Rs | 214 | 2,451 | 8.7% | |
Low | Rs | 96 | 1,801 | 5.4% | |
Sales per share (Unadj.) | Rs | 594.8 | 504.8 | 117.8% | |
Earnings per share (Unadj.) | Rs | 10.8 | 54.7 | 19.7% | |
Cash flow per share (Unadj.) | Rs | 27.3 | 84.2 | 32.4% | |
Dividends per share (Unadj.) | Rs | 2.00 | 20.00 | 10.0% | |
Avg Dividend yield | % | 1.3 | 0.9 | 137.2% | |
Book value per share (Unadj.) | Rs | 137.9 | 390.9 | 35.3% | |
Shares outstanding (eoy) | m | 246.23 | 193.32 | 127.4% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.3 | 4.2 | 6.2% | |
Avg P/E ratio | x | 14.4 | 38.9 | 37.1% | |
P/CF ratio (eoy) | x | 5.7 | 25.2 | 22.5% | |
Price / Book Value ratio | x | 1.1 | 5.4 | 20.7% | |
Dividend payout | % | 18.6 | 36.6 | 50.9% | |
Avg Mkt Cap | Rs m | 38,153 | 410,992 | 9.3% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 12,180 | 4,594 | 265.1% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 146,449 | 97,595 | 150.1% | |
Other income | Rs m | 365 | 3,465 | 10.5% | |
Total revenues | Rs m | 146,815 | 101,061 | 145.3% | |
Gross profit | Rs m | 12,363 | 17,359 | 71.2% | |
Depreciation | Rs m | 4,071 | 5,708 | 71.3% | |
Interest | Rs m | 4,545 | 768 | 591.6% | |
Profit before tax | Rs m | 4,113 | 14,348 | 28.7% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 1,465 | 3,774 | 38.8% | |
Profit after tax | Rs m | 2,647 | 10,574 | 25.0% | |
Gross profit margin | % | 8.4 | 17.8 | 47.5% | |
Effective tax rate | % | 35.6 | 26.3 | 135.4% | |
Net profit margin | % | 1.8 | 10.8 | 16.7% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 54,115 | 39,280 | 137.8% | |
Current liabilities | Rs m | 52,609 | 33,493 | 157.1% | |
Net working cap to sales | % | 1.0 | 5.9 | 17.3% | |
Current ratio | x | 1.0 | 1.2 | 87.7% | |
Inventory Days | Days | 7 | 90 | 7.5% | |
Debtors Days | Days | 6 | 417 | 1.4% | |
Net fixed assets | Rs m | 69,216 | 84,197 | 82.2% | |
Share capital | Rs m | 493 | 387 | 127.4% | |
"Free" reserves | Rs m | 33,469 | 75,183 | 44.5% | |
Net worth | Rs m | 33,962 | 75,569 | 44.9% | |
Long term debt | Rs m | 23,604 | 10,381 | 227.4% | |
Total assets | Rs m | 123,390 | 123,477 | 99.9% | |
Interest coverage | x | 1.9 | 19.7 | 9.7% | |
Debt to equity ratio | x | 0.7 | 0.1 | 505.9% | |
Sales to assets ratio | x | 1.2 | 0.8 | 150.2% | |
Return on assets | % | 5.8 | 9.2 | 63.5% | |
Return on equity | % | 7.8 | 14.0 | 55.7% | |
Return on capital | % | 15.0 | 17.6 | 85.5% | |
Exports to sales | % | 9.7 | 69.8 | 13.9% | |
Imports to sales | % | 17.1 | 49.0 | 34.8% | |
Exports (fob) | Rs m | 14,204 | 68,165 | 20.8% | |
Imports (cif) | Rs m | 25,018 | 47,843 | 52.3% | |
Fx inflow | Rs m | 14,204 | 68,165 | 20.8% | |
Fx outflow | Rs m | 25,018 | 47,843 | 52.3% | |
Net fx | Rs m | -10,814 | 20,322 | -53.2% |
CASH FLOW | |||||
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From Operations | Rs m | 12,242 | 14,480 | 84.5% | |
From Investments | Rs m | -4,005 | -17,831 | 22.5% | |
From Financial Activity | Rs m | -7,473 | 3,585 | -208.4% | |
Net Cashflow | Rs m | 791 | 234 | 338.2% |
Indian Promoters | % | 53.1 | 58.3 | 91.1% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 20.5 | 34.3 | 59.6% | |
FIIs | % | 15.3 | 12.2 | 124.9% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 46.9 | 41.7 | 112.4% | |
Shareholders | 226,143 | 134,831 | 167.7% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare JK TYRE & IND With: CEAT APOLLO TYRES TVS SRICHAKRA MRF
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | JK TYRE & IND | Balkrishna Ind |
---|---|---|
1-Day | 2.04% | 2.51% |
1-Month | -1.52% | 5.59% |
1-Year | 150.08% | 17.33% |
3-Year CAGR | 55.72% | 11.96% |
5-Year CAGR | 35.79% | 20.68% |
* Compound Annual Growth Rate
Here are more details on the JK TYRE & IND share price and the Balkrishna Ind share price.
Moving on to shareholding structures...
The promoters of JK TYRE & IND hold a 53.1% 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 JK TYRE & IND and the shareholding pattern of Balkrishna Ind.
Finally, a word on dividends...
In the most recent financial year, JK TYRE & IND paid a dividend of Rs 2.0 per share. This amounted to a Dividend Payout ratio of 18.6%.
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 JK TYRE & IND, and the dividend history of Balkrishna Ind.
After opening the day on high, Indian share markets continued the momentum as the session progressed and ended the higher.