Balkrishna Industries Limited (BKT) is an Indian tyre manufacturing company that specialises in the off-highway tyre market. The company caters to a varied range of specialty segments such as agriculture, construction, industrial, earthmover, port, ATV (All-Terrain Vehicle), and turf care applications. BKT’s client base consists of the agriculture, mining, construction and forestry sectors. The manufacturing facilities in Aurangabad, Bhiwadi-Chopanki, Dombivli and Bhuj manufacture products that are exported to 130 countries across the world with a primary focus on North America and Europe. The company is publicly traded on the Bombay Stock Exchange (BSE: 502355) and the National Stock Exchange of India (NSE: BALKRISIND).
PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (INR Cr) | 9851 -2.5% | 10101 12.4% | 8991 47.4% | 6099 21.9% | 5003 -8.8% | 5488 13.5% | 4835 21.4% | 3982 17.5% | 3390 -16.9% | 4079 7.4% | 3799 10.6% | 3434 11.8% | 3073 37.9% | 2228 40.4% | 1587 12.3% | 1412 - |
Net Operating Income (INR Cr) | 9369 -4.00% | 9760 17.65% | 8295 43.44% | 5783 20.20% | 4811 -7.65% | 5210 17.24% | 4444 19.35% | 3723 14.94% | 3239 -15.13% | 3817 1.19% | 3772 11.13% | 3394 12.51% | 3017 41.48% | 2132 39.59% | 1527 11.77% | 1367 21.98% |
Profit (INR Cr) | 1471 39.2% | 1057 -26.3% | 1435 21.9% | 1178 22.7% | 960 24.0% | 774 5.2% | 736 2.6% | 717 60.8% | 446 -5.7% | 473 -0.4% | 475 35.6% | 350 30.1% | 269 38.3% | 195 -11.2% | 219 194.4% | 74 - |
Assets (INR Cr) | 12079 9.2% | 11060 16.2% | 9520 34.8% | 7061 17.7% | 6000 7.8% | 5568 11.8% | 4981 0.4% | 4961 5.7% | 4694 1.3% | 4635 7.0% | 4333 17.0% | 3704 29.8% | 2854 53.3% | 1862 60.6% | 1159 20.7% | 961 - |
Net Worth (INR Cr) | 8854 17.2% | 7557 9.0% | 6933 15.6% | 6000 19.8% | 5008 7.6% | 4654 14.0% | 4083 15.3% | 3543 27.7% | 2775 21.9% | 2276 20.1% | 1895 31.3% | 1443 30.0% | 1110 28.9% | 861 26.4% | 681 42.5% | 478 14.6% |
Employee Cost (INR Cr) | 500 8.7% | 459 6.8% | 430 16.0% | 371 12.9% | 329 9.9% | 299 6.9% | 280 9.0% | 257 9.3% | 235 3.3% | 227 34.9% | 169 26.0% | 134 42.7% | 94 30.5% | 72 47.7% | 49 21.0% | 40 - |
Interest Cost (INR Cr) | 113 | 48 | 9 | 12 | 11 | 12 | 15 | 22 | 40 | 48 | 27 | 28 | 29 | 22 | 19 | 38 |
Cash & Bank Balance (INR Cr) | 80 | 76 | 52 | 75 | 69 | 66 | 33 | 25 | 330 | 434 | 15 | 278 | 370 | 12 | 5 | 12 |
Total Debt (INR Cr) | 3099 | 3347 | 2529 | 1001 | 932 | 871 | 867 | 1391 | 1898 | 2358 | 2439 | 2164 | 1709 | 621 | 478 | 483 |
PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Profit As % Of Revenues | 14.9% | 10.5% | 16.0% | 19.3% | 19.2% | 14.1% | 15.2% | 18.0% | 13.2% | 11.6% | 12.5% | 10.2% | 8.8% | 8.7% | 13.8% | 5.3% |
Profit As % Of Assets | 12.2% | 9.6% | 15.1% | 16.7% | 16.0% | 13.9% | 14.8% | 14.5% | 9.5% | 10.2% | 11.0% | 9.5% | 9.4% | 10.5% | 18.9% | 7.7% |
Profit As % Of Networth | 16.6% | 14.0% | 20.7% | 19.6% | 19.2% | 16.6% | 18.0% | 20.2% | 16.1% | 20.8% | 25.0% | 24.3% | 24.2% | 22.6% | 32.2% | 15.6% |
Interest Cost to EBITDA % | 5.0% | 2.8% | 0.5% | 0.7% | 0.9% | 1.0% | 1.4% | 2.0% | 4.8% | 6.6% | 3.1% | 4.1% | 5.7% | 7.3% | 5.6% | 22.4% |
Debt to Equity Ratio | 0.35 | 0.44 | 0.36 | 0.17 | 0.19 | 0.19 | 0.21 | 0.39 | 0.68 | 1.04 | 1.29 | 1.50 | 1.54 | 0.72 | 0.70 | 1.01 |
RONW | 17.9% | 14.6% | 22.2% | 21.4% | 17.1% | 17.7% | 19.3% | 20.4% | 17.7% | 22.7% | 28.4% | 27.4% | 27.3% | 25.2% | 37.8% | 16.6% |
ROCE | 17.8% | 14.4% | 24.0% | 24.0% | 16.7% | 22.5% | 22.8% | 20.1% | 15.3% | 17.0% | 18.3% | 17.1% | 18.2% | 20.5% | 32.6% | 16.0% |