Balkrishna Industries (BIL) is the flagship company of the Siyaram Poddar Group. It is one of the leading tyre anufacturers in India, focused on the OHT (off-highway tyre) segment for agricultural, industrial and construction and earthmoving applicat... More
Incorporated in 1958, Ceat Limited is part of the RPG group. It is amongst the largest manufacturers of tyres and tubes in India. The company manufactures tyres for twowheelers, three-wheelers, four-wheelers, tractors, tippers and trucks. It operates... More
BALKRISHNA INDUSTRIES | CEAT | BALKRISHNA INDUSTRIES/ CEAT |
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P/E (TTM) | x | 35.6 | 22.6 | 157.8% | View Chart |
P/BV | x | 7.8 | 1.8 | 440.6% | View Chart |
Dividend Yield | % | 0.5 | 0.9 | 51.5% |
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EQUITY SHARE DATA | |||||
---|---|---|---|---|---|
BALKRISHNA INDUSTRIES Mar-18 |
CEAT Mar-20 |
BALKRISHNA INDUSTRIES/ CEAT |
5-Yr Chart Click to enlarge
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High | Rs | 2,571 | 1,152 | 223.2% | |
Low | Rs | 1,003 | 602 | 166.7% | |
Sales per share (Unadj.) | Rs | 230.8 | 1,675.9 | 13.8% | |
Earnings per share (Unadj.) | Rs | 38.1 | 56.9 | 66.9% | |
Cash flow per share (Unadj.) | Rs | 54.2 | 125.2 | 43.3% | |
Dividends per share (Unadj.) | Rs | 8.00 | 12.00 | 66.7% | |
Dividend yield (eoy) | % | 0.4 | 1.4 | 32.7% | |
Book value per share (Unadj.) | Rs | 211.2 | 718.9 | 29.4% | |
Shares outstanding (eoy) | m | 193.32 | 40.45 | 477.9% | |
Bonus/Rights/Conversions | - | - | - | ||
Price / Sales ratio | x | 7.7 | 0.5 | 1,480.2% | |
Avg P/E ratio | x | 46.9 | 15.4 | 304.6% | |
P/CF ratio (eoy) | x | 33.0 | 7.0 | 471.2% | |
Price / Book Value ratio | x | 8.5 | 1.2 | 693.7% | |
Dividend payout | % | 21.0 | 21.1 | 99.6% | |
Avg Mkt Cap | Rs m | 345,453 | 35,465 | 974.1% | |
No. of employees | `000 | 2.7 | 6.5 | 41.9% | |
Total wages/salary | Rs m | 2,799 | 5,418 | 51.7% | |
Avg. sales/employee | Rs Th | 16,449.0 | 10,470.9 | 157.1% | |
Avg. wages/employee | Rs Th | 1,032.2 | 836.8 | 123.3% | |
Avg. net profit/employee | Rs Th | 2,713.1 | 355.4 | 763.5% |
INCOME DATA | |||||
---|---|---|---|---|---|
Net Sales | Rs m | 44,610 | 67,788 | 65.8% | |
Other income | Rs m | 3,398 | 205 | 1,656.5% | |
Total revenues | Rs m | 48,007 | 67,993 | 70.6% | |
Gross profit | Rs m | 11,034 | 7,238 | 152.4% | |
Depreciation | Rs m | 3,114 | 2,765 | 112.6% | |
Interest | Rs m | 139 | 1,509 | 9.2% | |
Profit before tax | Rs m | 11,178 | 3,169 | 352.7% | |
Minority Interest | Rs m | 0 | 172 | 0.0% | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | -298 | 0.0% | |
Tax | Rs m | 3,821 | 742 | 514.7% | |
Profit after tax | Rs m | 7,358 | 2,301 | 319.8% | |
Gross profit margin | % | 24.7 | 10.7 | 231.6% | |
Effective tax rate | % | 34.2 | 23.4 | 145.9% | |
Net profit margin | % | 16.5 | 3.4 | 486.0% |
BALANCE SHEET DATA | |||||
---|---|---|---|---|---|
Current assets | Rs m | 20,166 | 18,293 | 110.2% | |
Current liabilities | Rs m | 14,417 | 23,014 | 62.6% | |
Net working cap to sales | % | 12.9 | -7.0 | -185.1% | |
Current ratio | x | 1.4 | 0.8 | 176.0% | |
Inventory Days | Days | 51 | 50 | 101.6% | |
Debtors Days | Days | 39 | 36 | 108.1% | |
Net fixed assets | Rs m | 29,678 | 54,077 | 54.9% | |
Share capital | Rs m | 387 | 405 | 95.6% | |
"Free" reserves | Rs m | 40,447 | 28,675 | 141.1% | |
Net worth | Rs m | 40,834 | 29,079 | 140.4% | |
Long term debt | Rs m | 25 | 16,408 | 0.2% | |
Total assets | Rs m | 58,782 | 73,529 | 79.9% | |
Interest coverage | x | 81.6 | 3.1 | 2,632.3% | |
Debt to equity ratio | x | 0 | 0.6 | 0.1% | |
Sales to assets ratio | x | 0.8 | 0.9 | 82.3% | |
Return on assets | % | 12.8 | 5.2 | 246.1% | |
Return on equity | % | 18.0 | 7.9 | 227.8% | |
Return on capital | % | 27.7 | 10.0 | 276.8% | |
Exports to sales | % | 0 | 0 | - | |
Imports to sales | % | 0 | 0 | - | |
Exports (fob) | Rs m | NA | NA | - | |
Imports (cif) | Rs m | NA | NA | - | |
Fx inflow | Rs m | 35,916 | 8,724 | 411.7% | |
Fx outflow | Rs m | 19,522 | 17,975 | 108.6% | |
Net fx | Rs m | 16,394 | -9,251 | -177.2% |
CASH FLOW | |||||
---|---|---|---|---|---|
From Operations | Rs m | 7,499 | 9,563 | 78.4% | |
From Investments | Rs m | -923 | -10,755 | 8.6% | |
From Financial Activity | Rs m | -6,538 | 790 | -827.4% | |
Net Cashflow | Rs m | 40 | -402 | -9.8% |
Indian Promoters | % | 58.3 | 52.2 | 111.7% | |
Foreign collaborators | % | 0.0 | 5.0 | - | |
Indian inst/Mut Fund | % | 15.9 | 6.3 | 252.1% | |
FIIs | % | 14.2 | 11.8 | 120.3% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 11.6 | 24.9 | 46.6% | |
Shareholders | 17,335 | 54,444 | 31.8% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare BALKRISHNA INDUSTRIES With: GOODYEAR (I) APOLLO TYRES JK TYRE & IND MRF
After staging a gap-up opening, Indian share markets extended gains as the session progressed and rallied nearly 2%, boosted by realty and finance stocks.
Here's an analysis of the annual report of CEAT. for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of CEAT.. Also includes updates on the valuation of CEAT..
For the quarter ended June 2020, BALKRISHNA INDUSTRIES has posted a net profit of Rs 1 bn (down 30.8% YoY). Sales on the other hand came in at Rs 9 bn (down 22.2% YoY). Read on for a complete analysis of BALKRISHNA INDUSTRIES's quarterly results.
For the quarter ended June 2020, CEAT LTD. has posted a net profit of Rs 387 m (down 150.3% YoY). Sales on the other hand came in at Rs 11 bn (down 36.1% YoY). Read on for a complete analysis of CEAT LTD.'s quarterly results.
For the quarter ended March 2020, CEAT LTD. has posted a net profit of Rs 492 m (down 19.4% YoY). Sales on the other hand came in at Rs 16 bn (down 10.6% YoY). Read on for a complete analysis of CEAT LTD.'s quarterly results.
For the quarter ended December 2019, BALKRISHNA INDUSTRIES has posted a net profit of Rs 2 bn (up 52.5% YoY). Sales on the other hand came in at Rs 12 bn (down 3.7% YoY). Read on for a complete analysis of BALKRISHNA INDUSTRIES's quarterly results.
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