- Balkrishna’s 4Q net income surpasses expectations at 4.81 billion rupees, an 88% increase year over year (y/y).
- The estimate for this term was 3.24 billion rupees.
- The company’s revenue grew by 15% y/y to reach 26.7 billion rupees, exceeding the 24.42 billion rupees estimate.
- Total costs also rose to 22.1 billion rupees, reflecting a 9.4% y/y growth.
- A dividend per share of 4 rupees was declared.
- The shares witnessed a 2.8% increase to reach 2,665 rupees, with 795,308 shares traded.
- The company’s stock currently has 9 buys, 5 holds, and 12 sells.
- Comparisons to past results are based on values reported from the company’s original disclosures.
A look at Balkrishna Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
Based on the Smartkarma Smart Scores, Balkrishna Industries has a promising long-term outlook. With a solid dividend score of 4, investors can expect good returns in the form of dividends. The company also scores well in terms of growth, resilience, and momentum, with scores of 3 across these factors. This suggests that Balkrishna Industries is positioned for steady growth and has the ability to withstand market fluctuations. While its value score is at 2, indicating moderate valuation, the overall outlook remains positive for the company.
Balkrishna Industries Ltd. specializes in manufacturing automobile tires and tubes, along with a range of paper, paper boards, and synthetic textiles. With favorable scores in dividend, growth, resilience, and momentum, the company is expected to maintain its strength and potentially expand its market presence in the long run. Investors may find Balkrishna Industries a promising investment opportunity given its overall positive Smartkarma Smart Scores across key factors.
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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