- Net Income: Balkrishna reports net income of 4.77 billion rupees, which is a 53% increase year-over-year (y/y) and surpasses the estimated 3.92 billion rupees.
- Revenue: The company’s revenue is 26.9 billion rupees, showing a 27% rise y/y and exceeding the estimated revenue of 25.86 billion rupees.
- Total Costs: Total costs for Balkrishna stand at 22.2 billion rupees, marking a 22% increase y/y.
- Dividend: The dividend per share declared is 4 rupees.
- Share Performance: Shares fell by 2.2%, trading at 3,059 rupees with 334,503 shares traded.
- Analyst Ratings: Current ratings include 9 buys, 6 holds, and 9 sells.
A look at Balkrishna Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Balkrishna Industries shows a positive long-term outlook, with higher scores in momentum, indicating strong market performance. The company also scores well in growth, resilience, and dividend factors. While the value score is moderate, the overall outlook remains favorable. Balkrishna Industries Ltd. specializes in manufacturing automobile tires and tubes, along with paper & paper boards and synthetic textiles processing, showcasing a diversified portfolio in the manufacturing sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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