Ratings Balkrishna Industries Limited NSE India S.E.

Equities

BALKRISIND

INE787D01026

Market Closed - NSE India S.E. Other stock markets 05:13:47 09/05/2024 pm IST			5-day change	1st Jan Change
2,441 ^INR	-1.11%		+0.46%	-4.96%

26/01	Nomura Adjusts Balkrishna Industries' Price Target to INR2,265 From INR2,168, Keeps at Reduce	MT
25/01	Transcript : Balkrishna Industries Limited, Q3 2024 Earnings Call, Jan 25, 2024

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's high margin levels account for strong profits.

Weaknesses

With an expected P/E ratio at 36.64 and 28.38 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
The company's "enterprise value to sales" ratio is among the highest in the world.
The company appears highly valued given the size of its balance sheet.
The company is highly valued given the cash flows generated by its activity.
The company is not the most generous with respect to shareholders' compensation.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.

Ratings chart - Surperformance

Sector: Tires & Rubber Products

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
BALKRISHNA INDUSTRIES LIMITED	-4.96%	5.72B		-
PIRELLI & C. S.P.A.	+23.16%	6.47B		B+
MRF LIMITED	-2.59%	6.44B		C-
CHENG SHIN RUBBER IND. CO., LTD.	+8.46%	5B		B-
SHANDONG LINGLONG TYRE CO.,LTD.	+17.99%	4.47B		B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	-3.74%	3.94B		B
QINGDAO SENTURY TIRE CO., LTD.	+34.71%	3.73B		-
PT MULTISTRADA ARAH SARANA TBK	+44.36%	3.14B	-	-
TRIANGLE TYRE CO.,LTD	+22.83%	1.91B		-
KUMHO TIRE CO., INC.	+43.97%	1.73B		-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes