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BALKRISHNA INDUSTRIES vs JK TYRE & IND - Comparison Results

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Current Valuations

    BALKRISHNA INDUSTRIES JK TYRE & IND BALKRISHNA INDUSTRIES/
JK TYRE & IND
 
P/E (TTM) x 36.0 15.0 239.6% View Chart
P/BV x 5.9 3.3 178.9% View Chart
Dividend Yield % 0.9 0.5 186.2%  

Financials

 BALKRISHNA INDUSTRIES   JK TYRE & IND
EQUITY SHARE DATA
    BALKRISHNA INDUSTRIES
Mar-23
JK TYRE & IND
Mar-23
BALKRISHNA INDUSTRIES/
JK TYRE & IND
5-Yr Chart
Click to enlarge
High Rs2,451214 1,148.0%   
Low Rs1,80196 1,868.3%   
Sales per share (Unadj.) Rs504.8594.8 84.9%  
Earnings per share (Unadj.) Rs54.710.8 508.7%  
Cash flow per share (Unadj.) Rs84.227.3 308.7%  
Dividends per share (Unadj.) Rs20.002.00 1,000.0%  
Avg Dividend yield %0.91.3 72.9%  
Book value per share (Unadj.) Rs390.9137.9 283.4%  
Shares outstanding (eoy) m193.32246.23 78.5%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x4.20.3 1,616.4%   
Avg P/E ratio x38.914.4 269.7%  
P/CF ratio (eoy) x25.25.7 444.5%  
Price / Book Value ratio x5.41.1 484.1%  
Dividend payout %36.618.6 196.6%   
Avg Mkt Cap Rs m410,99238,153 1,077.2%   
No. of employees `000NANA-   
Total wages/salary Rs m4,59412,180 37.7%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m97,595146,449 66.6%  
Other income Rs m3,465365 948.9%   
Total revenues Rs m101,061146,815 68.8%   
Gross profit Rs m17,35912,363 140.4%  
Depreciation Rs m5,7084,071 140.2%   
Interest Rs m7684,545 16.9%   
Profit before tax Rs m14,3484,113 348.9%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m3,7741,465 257.6%   
Profit after tax Rs m10,5742,647 399.4%  
Gross profit margin %17.88.4 210.7%  
Effective tax rate %26.335.6 73.8%   
Net profit margin %10.81.8 599.3%  
BALANCE SHEET DATA
Current assets Rs m39,28054,115 72.6%   
Current liabilities Rs m33,49352,609 63.7%   
Net working cap to sales %5.91.0 576.4%  
Current ratio x1.21.0 114.0%  
Inventory Days Days907 1,340.7%  
Debtors Days Days4176 7,329.8%  
Net fixed assets Rs m84,19769,216 121.6%   
Share capital Rs m387493 78.5%   
"Free" reserves Rs m75,18333,469 224.6%   
Net worth Rs m75,56933,962 222.5%   
Long term debt Rs m10,38123,604 44.0%   
Total assets Rs m123,477123,390 100.1%  
Interest coverage x19.71.9 1,033.0%   
Debt to equity ratio x0.10.7 19.8%  
Sales to assets ratio x0.81.2 66.6%   
Return on assets %9.25.8 157.6%  
Return on equity %14.07.8 179.5%  
Return on capital %17.615.0 116.9%  
Exports to sales %69.89.7 720.1%   
Imports to sales %49.017.1 287.0%   
Exports (fob) Rs m68,16514,204 479.9%   
Imports (cif) Rs m47,84325,018 191.2%   
Fx inflow Rs m68,16514,204 479.9%   
Fx outflow Rs m47,84325,018 191.2%   
Net fx Rs m20,322-10,814 -187.9%   
CASH FLOW
From Operations Rs m14,48012,242 118.3%  
From Investments Rs m-17,831-4,005 445.3%  
From Financial Activity Rs m3,585-7,473 -48.0%  
Net Cashflow Rs m234791 29.6%  

Share Holding

Indian Promoters % 58.3 53.1 109.7%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 34.1 18.0 189.6%  
FIIs % 12.7 12.2 103.9%  
ADR/GDR % 0.0 0.0 -  
Free float % 41.7 46.9 89.0%  
Shareholders   125,341 203,029 61.7%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare BALKRISHNA INDUSTRIES With:   APOLLO TYRES    CEAT    TVS SRICHAKRA    GOODYEAR (I)    MRF    


More on Balkrishna Ind vs JK TYRE & IND

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

Balkrishna Ind vs JK TYRE & IND Share Price Performance

Period Balkrishna Ind JK TYRE & IND
1-Day 1.07% 1.77%
1-Month 3.91% -13.58%
1-Year 17.99% 179.15%
3-Year CAGR 11.84% 58.68%
5-Year CAGR 18.75% 36.85%

* Compound Annual Growth Rate

Here are more details on the Balkrishna Ind share price and the JK TYRE & IND share price.

Moving on to shareholding structures...

The promoters of Balkrishna Ind hold a 58.3% stake in the company. In case of JK TYRE & IND the stake stands at 53.1%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Balkrishna Ind and the shareholding pattern of JK TYRE & IND.

Finally, a word on dividends...

In the most recent financial year, Balkrishna Ind paid a dividend of Rs 20.0 per share. This amounted to a Dividend Payout ratio of 36.6%.

JK TYRE & IND paid Rs 2.0, and its dividend payout ratio stood at 18.6%.

You may visit here to review the dividend history of Balkrishna Ind, and the dividend history of JK TYRE & IND.



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