ScoreWhy is Balkrishna Industries Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate 6.24% of over the last 5 years
2
The company has declared Negative results for the last 3 consecutive quarters
- INTEREST(9M) At Rs 112.83 cr has Grown at 43.11%
- PBT LESS OI(Q) At Rs 286.10 cr has Fallen at -21.5% (vs previous 4Q average)
- PAT(Latest six months) At Rs 561.49 cr has Grown at -32.91%
3
With ROCE of 11.8, it has a Very Expensive valuation with a 3.8 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -16.32%, its profits have fallen by -15.3%
4
Below par performance in long term as well as near term
- Along with generating -16.32% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Tyres & Rubber Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Balkrishna Inds for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Balkrishna Inds
-16.2%
-0.60
27.10%
Sensex
4.86%
0.41
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
15.70%
EBIT Growth (5y)
6.24%
EBIT to Interest (avg)
64.44
Debt to EBITDA (avg)
1.25
Net Debt to Equity (avg)
0.22
Sales to Capital Employed (avg)
0.82
Tax Ratio
24.88%
Dividend Payout Ratio
18.69%
Pledged Shares
0
Institutional Holding
35.40%
ROCE (avg)
16.08%
ROE (avg)
17.07%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
34
Industry P/E
32
Price to Book Value
4.43
EV to EBIT
32.37
EV to EBITDA
21.76
EV to Capital Employed
3.82
EV to Sales
4.64
PEG Ratio
NA
Dividend Yield
0.67%
ROCE (Latest)
11.82%
ROE (Latest)
13.21%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend1What is working for the Company
NO KEY POSITIVE TRIGGERS
-18What is not working for the Company
INTEREST(9M)
At Rs 112.83 cr has Grown at 43.11%
PBT LESS OI(Q)
At Rs 286.10 cr has Fallen at -21.5% (vs previous 4Q average
PAT(Latest six months)
At Rs 561.49 cr has Grown at -32.91%
DPR(Y)
Lowest at 18.69%
NET SALES(Q)
At Rs 2,393.45 cr has Fallen at -8.8% (vs previous 4Q average
EPS(Q)
Lowest at Rs 14.13
Loading Valuation Snapshot...
Here's what is not working for Balkrishna Inds
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 286.10 cr has Fallen at -21.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 364.39 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 273.19 cr has Fallen at -24.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 363.32 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Interest - Nine Monthly
At Rs 112.83 cr has Grown at 43.11%
over preceding nine months periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Net Sales - Quarterly
Lowest at Rs 2,393.45 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 2,393.45 cr has Fallen at -8.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 2,623.12 CrMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 286.10 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 14.13
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Dividend Payout Ratio (DPR) - Annually
Lowest at 18.69%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
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