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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Balkrishna Industries Limited is an India-based company that is engaged in the business of manufacturing and selling of off-highway tires (OHT) in the specialist segments, such as agricultural, industrial and construction, earthmovers and port, mining, forestry, lawn and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, slow-growing business, fully valued.
Balkrishna Ind is scored on the general / industrial framework. It keeps a healthy 11.2% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.81× reported profit. Free cash flow is worth about -0.6% of its market value.
Over the last 3 years revenue compounded at 3%/yr and profit at 6%/yr. Book value has grown 13%/yr. Return on equity is a healthy 12.2%. In the latest quarter profit grew 51% versus the prior quarter.
At 37× earnings, the stock sits at the 60th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~16%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 32.65 | 24.21 | worse |
| P/B | 3.99 | 2.34 | worse |
| EV/EBITDA | 18.2 | 10.36 | worse |
| ROE | 12.22 | 10.47 | better |
| ROCE | 11.29 | 12.17 | worse |
| ROA | 6.89 | 4.93 | better |
| Quick Ratio | 0.66 | 0.85 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| MRF | 22.0 | 2.5 | 11.6% |
| Apollo Tyres | 15.2 | 1.5 | 11.8% |
| CEAT | 27.8 | 2.9 | 11.5% |
3% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak.
Operating margins have been stable around 15% — no major structural shift.
ROE at 11% — modest; the capital isn't working hard.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. 6% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.8× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 21% sequentially — momentum is building. Wide quarterly swings (31% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 23% above earlier ones.
Profit jumped 51% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 58.3% — majority control intact. MF holding up 2.3pp — domestic institutional discovery underway.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.