Balkrishna Industries Limited Share Price and Company Fundamentals



Price
₹2226.4
Change
30.950 (1.410%)
52 week
1690.55 - 2723.8

Last traded: Yesterday at 9:59 AM

Balkrishna Industries Limited manufactures and sells tires worldwide. It offers rubber tires, tubes, and carbon black products. The company provides off-highway tires for use in various applications, such as agricultural, industrial and construction, earthmoving and port, mining, forestry, lawn and garden, and all-terrain vehicles. It sells its products through a network of distributors. The company was incorporated in 1961 and is headquartered in Mumbai, India.

Key Metrics

PE ratio

29.46

PB ratio

6.10

Dividend yield

0.73%

Beta

0.67

Market cap

-

Enterprise value

-

Company profile

Industry / SectorAuto Parts / Consumer Cyclical
Full time employees3229
Websitehttps://www.bkt-tires.com
Mailing addressBKT House C/15, Trade World Kamala Mills Compound Senapati Bapat Marg, Lower Parel (West) Mumbai 400013 India
Phone / Fax91 22 6666 3800 / 91 22 6666 3898

Dividends

Dividend yield

0.73%

Dividend amount

₹16.00

Payout ratio

22.90%

5Y Avg. yield

0.96%

Balkrishna Industries Limited paid ₹16.00 dividend and the ex-dividend date was 24 June 2022.The dividend payout ratio is 22.90%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.BALKRISIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

BALKRISIND's forward dividend amount is ₹16 and the forward dividend yield is 0.73%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Balkrishna Industries Limited.

NameTitleAgeTotal Pay
Mr. Arvind Kumar Mahabirprasad Poddar B.ComChairman & MD64455.39M
Mr. Rajiv A. PoddarJoint MD & Exec. Director36444.17M
Mr. Madhusudan B. BajajPres of Commercial & CFO63
Mr. Vipul R. ShahCompliance Officer, Company Sec. & Whole Time Director587.78M
Mr. Anant V. PanditSr. VP of Technology71
Mr. Dilip M. Vaidya B.Sc. TechDirector of Technical68
Mr. Ankit Promodkumar PoddarExec. Director33

Profitability and management effectiveness

Profit margin

17.30%

Operating margin

18.73%

Return on assets

10.14%

Return on equity

22.20%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Balkrishna Industries Limited is and its enterprise value is .

The BALKRISIND's stocks Beta value is 0.67 making it 33% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Balkrishna Industries Limited (NSE:BALKRISIND) Frequently Asked Questions

1. What is Balkrishna Industries Limited's Stock Symbol?

Balkrishna Industries Limited trades on NSE under the ticker symbol "BALKRISIND".

2. What is Balkrishna Industries Limited's stock price today?

One share of BALKRISIND stock can currently be purchased for approximately ₹2226.4.

3. How can I contact Balkrishna Industries Limited?

Balkrishna Industries Limited's mailing address is BKT House C/15, Trade World Kamala Mills Compound Senapati Bapat Marg, Lower Parel (West) Mumbai 400013 India. The company can be reached via phone at 91 22 6666 3800.

4. What is Balkrishna Industries Limited's official website?

The official website of Balkrishna Industries Limited is https://www.bkt-tires.com.