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JK TYRE & IND vs BALKRISHNA INDUSTRIES - Comparison Results

Rs 100 invested in...

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Current Valuations

    JK TYRE & IND BALKRISHNA INDUSTRIES JK TYRE & IND/
BALKRISHNA INDUSTRIES
 
P/E (TTM) x 15.1 36.1 41.8% View Chart
P/BV x 3.3 5.9 56.0% View Chart
Dividend Yield % 0.5 0.9 53.6%  

Financials

 JK TYRE & IND   BALKRISHNA INDUSTRIES
EQUITY SHARE DATA
    JK TYRE & IND
Mar-23
BALKRISHNA INDUSTRIES
Mar-23
JK TYRE & IND/
BALKRISHNA INDUSTRIES
5-Yr Chart
Click to enlarge
High Rs2142,451 8.7%   
Low Rs961,801 5.4%   
Sales per share (Unadj.) Rs594.8504.8 117.8%  
Earnings per share (Unadj.) Rs10.854.7 19.7%  
Cash flow per share (Unadj.) Rs27.384.2 32.4%  
Dividends per share (Unadj.) Rs2.0020.00 10.0%  
Avg Dividend yield %1.30.9 137.2%  
Book value per share (Unadj.) Rs137.9390.9 35.3%  
Shares outstanding (eoy) m246.23193.32 127.4%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x0.34.2 6.2%   
Avg P/E ratio x14.438.9 37.1%  
P/CF ratio (eoy) x5.725.2 22.5%  
Price / Book Value ratio x1.15.4 20.7%  
Dividend payout %18.636.6 50.9%   
Avg Mkt Cap Rs m38,153410,992 9.3%   
No. of employees `000NANA-   
Total wages/salary Rs m12,1804,594 265.1%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m146,44997,595 150.1%  
Other income Rs m3653,465 10.5%   
Total revenues Rs m146,815101,061 145.3%   
Gross profit Rs m12,36317,359 71.2%  
Depreciation Rs m4,0715,708 71.3%   
Interest Rs m4,545768 591.6%   
Profit before tax Rs m4,11314,348 28.7%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m1,4653,774 38.8%   
Profit after tax Rs m2,64710,574 25.0%  
Gross profit margin %8.417.8 47.5%  
Effective tax rate %35.626.3 135.4%   
Net profit margin %1.810.8 16.7%  
BALANCE SHEET DATA
Current assets Rs m54,11539,280 137.8%   
Current liabilities Rs m52,60933,493 157.1%   
Net working cap to sales %1.05.9 17.3%  
Current ratio x1.01.2 87.7%  
Inventory Days Days790 7.5%  
Debtors Days Days6417 1.4%  
Net fixed assets Rs m69,21684,197 82.2%   
Share capital Rs m493387 127.4%   
"Free" reserves Rs m33,46975,183 44.5%   
Net worth Rs m33,96275,569 44.9%   
Long term debt Rs m23,60410,381 227.4%   
Total assets Rs m123,390123,477 99.9%  
Interest coverage x1.919.7 9.7%   
Debt to equity ratio x0.70.1 505.9%  
Sales to assets ratio x1.20.8 150.2%   
Return on assets %5.89.2 63.5%  
Return on equity %7.814.0 55.7%  
Return on capital %15.017.6 85.5%  
Exports to sales %9.769.8 13.9%   
Imports to sales %17.149.0 34.8%   
Exports (fob) Rs m14,20468,165 20.8%   
Imports (cif) Rs m25,01847,843 52.3%   
Fx inflow Rs m14,20468,165 20.8%   
Fx outflow Rs m25,01847,843 52.3%   
Net fx Rs m-10,81420,322 -53.2%   
CASH FLOW
From Operations Rs m12,24214,480 84.5%  
From Investments Rs m-4,005-17,831 22.5%  
From Financial Activity Rs m-7,4733,585 -208.4%  
Net Cashflow Rs m791234 338.2%  

Share Holding

Indian Promoters % 53.1 58.3 91.1%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 18.0 34.1 52.7%  
FIIs % 12.2 12.7 96.2%  
ADR/GDR % 0.0 0.0 -  
Free float % 46.9 41.7 112.4%  
Shareholders   203,029 125,341 162.0%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare JK TYRE & IND With:   APOLLO TYRES    CEAT    TVS SRICHAKRA    GOODYEAR (I)    MRF    


More on JK TYRE & IND 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:

JK TYRE & IND vs Balkrishna Ind Share Price Performance

Period JK TYRE & IND Balkrishna Ind
1-Day 2.31% 1.36%
1-Month -13.12% 4.20%
1-Year 180.63% 18.33%
3-Year CAGR 58.96% 11.94%
5-Year CAGR 36.99% 18.82%

* 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.



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