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- BALKRISHNA INDUSTRIES - MRF
BALKRISHNA INDUSTRIES vs MRF - Comparison Results
BALKRISHNA INDUSTRIES Change
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
MRF 
MRF is one of India's largest tyre manufacturer, having over 24% market share. The company derives over 95% of its revenues from tyres, the rest comes from presence in toys and paints. This focus on tyres has enabled it to regularly increase capaciti... More
Current Valuations
| BALKRISHNA INDUSTRIES | MRF | BALKRISHNA INDUSTRIES/ MRF |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 30.4 | 28.5 | 106.6% | View Chart |
| P/BV | x | 7.7 | 3.1 | 250.1% | View Chart |
| Dividend Yield | % | 0.5 | 0.1 | 436.2% |
Financials
 BALKRISHNA INDUSTRIES  MRF |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| BALKRISHNA INDUSTRIES Mar-18 |
MRF Mar-20 |
BALKRISHNA INDUSTRIES/ MRF |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 2,571 | 73,500 | 3.5% | |
| Low | Rs | 1,003 | 50,000 | 2.0% | |
| Sales per share (Unadj.) | Rs | 230.8 | 38,300.4 | 0.6% | |
| Earnings per share (Unadj.) | Rs | 38.1 | 3,355.1 | 1.1% | |
| Cash flow per share (Unadj.) | Rs | 54.2 | 5,671.9 | 1.0% | |
| Dividends per share (Unadj.) | Rs | 8.00 | 100.00 | 8.0% | |
| Dividend yield (eoy) | % | 0.4 | 0.2 | 276.4% | |
| Book value per share (Unadj.) | Rs | 211.2 | 28,808.3 | 0.7% | |
| Shares outstanding (eoy) | m | 193.32 | 4.24 | 4,559.4% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 7.7 | 1.6 | 480.3% | |
| Avg P/E ratio | x | 46.9 | 18.4 | 255.1% | |
| P/CF ratio (eoy) | x | 33.0 | 10.9 | 303.0% | |
| Price / Book Value ratio | x | 8.5 | 2.1 | 394.7% | |
| Dividend payout | % | 21.0 | 3.0 | 705.2% | |
| Avg Mkt Cap | Rs m | 345,453 | 261,820 | 131.9% | |
| No. of employees | `000 | 2.7 | 17.4 | 15.6% | |
| Total wages/salary | Rs m | 2,799 | 13,449 | 20.8% | |
| Avg. sales/employee | Rs Th | 16,449.0 | 9,346.4 | 176.0% | |
| Avg. wages/employee | Rs Th | 1,032.2 | 774.1 | 133.3% | |
| Avg. net profit/employee | Rs Th | 2,713.1 | 818.7 | 331.4% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 44,610 | 162,394 | 27.5% | |
| Other income | Rs m | 3,398 | 3,354 | 101.3% | |
| Total revenues | Rs m | 48,007 | 165,747 | 29.0% | |
| Gross profit | Rs m | 11,034 | 23,740 | 46.5% | |
| Depreciation | Rs m | 3,114 | 9,823 | 31.7% | |
| Interest | Rs m | 139 | 2,928 | 4.7% | |
| Profit before tax | Rs m | 11,178 | 14,343 | 77.9% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 3,821 | 117 | 3,271.0% | |
| Profit after tax | Rs m | 7,358 | 14,226 | 51.7% | |
| Gross profit margin | % | 24.7 | 14.6 | 169.2% | |
| Effective tax rate | % | 34.2 | 0.8 | 4,196.8% | |
| Net profit margin | % | 16.5 | 8.8 | 188.3% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 20,166 | 81,510 | 24.7% | |
| Current liabilities | Rs m | 14,417 | 52,522 | 27.4% | |
| Net working cap to sales | % | 12.9 | 17.9 | 72.2% | |
| Current ratio | x | 1.4 | 1.6 | 90.1% | |
| Inventory Days | Days | 51 | 65 | 77.5% | |
| Debtors Days | Days | 39 | 52 | 75.9% | |
| Net fixed assets | Rs m | 29,678 | 106,107 | 28.0% | |
| Share capital | Rs m | 387 | 42 | 911.8% | |
| "Free" reserves | Rs m | 40,447 | 122,105 | 33.1% | |
| Net worth | Rs m | 40,834 | 122,147 | 33.4% | |
| Long term debt | Rs m | 25 | 7,790 | 0.3% | |
| Total assets | Rs m | 58,782 | 194,423 | 30.2% | |
| Interest coverage | x | 81.6 | 5.9 | 1,383.4% | |
| Debt to equity ratio | x | 0 | 0.1 | 1.0% | |
| Sales to assets ratio | x | 0.8 | 0.8 | 90.9% | |
| Return on assets | % | 12.8 | 8.8 | 144.5% | |
| Return on equity | % | 18.0 | 11.6 | 154.7% | |
| Return on capital | % | 27.7 | 13.3 | 208.4% | |
| Exports to sales | % | 0 | 8.5 | 0.0% | |
| Imports to sales | % | 0 | 26.1 | 0.0% | |
| Exports (fob) | Rs m | NA | 13,845 | 0.0% | |
| Imports (cif) | Rs m | NA | 42,328 | 0.0% | |
| Fx inflow | Rs m | 35,916 | 14,000 | 256.5% | |
| Fx outflow | Rs m | 19,522 | 43,385 | 45.0% | |
| Net fx | Rs m | 16,394 | -29,385 | -55.8% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 7,499 | 22,726 | 33.0% | |
| From Investments | Rs m | -923 | -1,637 | 56.4% | |
| From Financial Activity | Rs m | -6,538 | -10,324 | 63.3% | |
| Net Cashflow | Rs m | 40 | 10,766 | 0.4% | |
Share Holding
| Indian Promoters | % | 58.3 | 26.8 | 217.5% | |
| Foreign collaborators | % | 0.0 | 0.5 | - | |
| Indian inst/Mut Fund | % | 15.9 | 9.4 | 169.5% | |
| FIIs | % | 14.2 | 8.8 | 161.4% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 11.6 | 54.7 | 21.2% | |
| Shareholders | 17,335 | 28,974 | 59.8% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.6 | - |
Compare BALKRISHNA INDUSTRIES With: GOODYEAR (I) CEAT JK TYRE & IND APOLLO TYRES
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MRF. 2019-20 Annual Report Analysis (Annual Result Update)
Dec 8, 2020 | Updated on Dec 8, 2020Here's an analysis of the annual report of MRF. for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of MRF.. Also includes updates on the valuation of MRF..
BALKRISHNA INDUSTRIES Announces Quarterly Results (1QFY21); Net Profit Down 30.8% (Quarterly Result Update)
Sep 10, 2020 | Updated on Sep 10, 2020For 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.
MRF LTD. Announces Quarterly Results (1QFY21); Net Profit Down 93.7% (Quarterly Result Update)
Sep 10, 2020 | Updated on Sep 10, 2020For the quarter ended June 2020, MRF LTD. has posted a net profit of Rs 170 m (down 93.7% YoY). Sales on the other hand came in at Rs 24 bn (down 44.9% YoY). Read on for a complete analysis of MRF LTD.'s quarterly results.
BALKRISHNA INDUSTRIES Announces Quarterly Results (3QFY20); Net Profit Up 52.5% (Quarterly Result Update)
Feb 19, 2020 | Updated on Feb 19, 2020For 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.
MRF LTD. Announces Quarterly Results (3QFY20); Net Profit Down 15.3% (Quarterly Result Update)
Feb 12, 2020 | Updated on Feb 12, 2020For the quarter ended December 2019, MRF LTD. has posted a net profit of Rs 2 bn (down 15.3% YoY). Sales on the other hand came in at Rs 40 bn (down 0.6% YoY). Read on for a complete analysis of MRF LTD.'s quarterly results.
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