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- BALKRISHNA INDUSTRIES - MRF
BALKRISHNA INDUSTRIES vs MRF - Comparison Results
Current Valuations
| BALKRISHNA INDUSTRIES | MRF | BALKRISHNA INDUSTRIES/ MRF |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 32.8 | 26.8 | 122.7% | View Chart |
| P/BV | x | 6.0 | 3.1 | 193.7% | View Chart |
| Dividend Yield | % | 0.7 | 0.2 | 444.0% |
Financials
 BALKRISHNA INDUSTRIES  MRF |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| BALKRISHNA INDUSTRIES Mar-24 |
MRF Mar-24 |
BALKRISHNA INDUSTRIES/ MRF |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 2,794 | 151,283 | 1.8% | |
| Low | Rs | 1,933 | 83,505 | 2.3% | |
| Sales per share (Unadj.) | Rs | 484.6 | 59,361.3 | 0.8% | |
| Earnings per share (Unadj.) | Rs | 76.1 | 4,908.6 | 1.6% | |
| Cash flow per share (Unadj.) | Rs | 109.8 | 8,281.1 | 1.3% | |
| Dividends per share (Unadj.) | Rs | 20.00 | 200.00 | 10.0% | |
| Avg Dividend yield | % | 0.8 | 0.2 | 496.7% | |
| Book value per share (Unadj.) | Rs | 458.0 | 39,393.8 | 1.2% | |
| Shares outstanding (eoy) | m | 193.32 | 4.24 | 4,559.4% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 4.9 | 2.0 | 246.5% | |
| Avg P/E ratio | x | 31.0 | 23.9 | 129.8% | |
| P/CF ratio (eoy) | x | 21.5 | 14.2 | 151.8% | |
| Price / Book Value ratio | x | 5.2 | 3.0 | 173.1% | |
| Dividend payout | % | 26.3 | 4.1 | 644.7% | |
| Avg Mkt Cap | Rs m | 456,876 | 497,880 | 91.8% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 4,995 | 17,968 | 27.8% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 93,689 | 251,692 | 37.2% | |
| Other income | Rs m | 4,494 | 3,168 | 141.8% | |
| Total revenues | Rs m | 98,183 | 254,861 | 38.5% | |
| Gross profit | Rs m | 22,558 | 42,616 | 52.9% | |
| Depreciation | Rs m | 6,507 | 14,300 | 45.5% | |
| Interest | Rs m | 1,135 | 3,610 | 31.4% | |
| Profit before tax | Rs m | 19,410 | 27,874 | 69.6% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 4,695 | 7,062 | 66.5% | |
| Profit after tax | Rs m | 14,715 | 20,812 | 70.7% | |
| Gross profit margin | % | 24.1 | 16.9 | 142.2% | |
| Effective tax rate | % | 24.2 | 25.3 | 95.5% | |
| Net profit margin | % | 15.7 | 8.3 | 189.9% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 46,441 | 105,496 | 44.0% | |
| Current liabilities | Rs m | 36,604 | 77,100 | 47.5% | |
| Net working cap to sales | % | 10.5 | 11.3 | 93.1% | |
| Current ratio | x | 1.3 | 1.4 | 92.7% | |
| Inventory Days | Days | 122 | 60 | 203.4% | |
| Debtors Days | Days | 563 | 4 | 13,335.0% | |
| Net fixed assets | Rs m | 90,405 | 162,999 | 55.5% | |
| Share capital | Rs m | 387 | 42 | 911.8% | |
| "Free" reserves | Rs m | 88,152 | 166,988 | 52.8% | |
| Net worth | Rs m | 88,538 | 167,030 | 53.0% | |
| Long term debt | Rs m | 6,914 | 7,241 | 95.5% | |
| Total assets | Rs m | 136,845 | 268,494 | 51.0% | |
| Interest coverage | x | 18.1 | 8.7 | 207.7% | |
| Debt to equity ratio | x | 0.1 | 0 | 180.1% | |
| Sales to assets ratio | x | 0.7 | 0.9 | 73.0% | |
| Return on assets | % | 11.6 | 9.1 | 127.3% | |
| Return on equity | % | 16.6 | 12.5 | 133.4% | |
| Return on capital | % | 21.5 | 18.1 | 119.1% | |
| Exports to sales | % | 68.3 | 6.5 | 1,044.2% | |
| Imports to sales | % | 31.0 | 16.8 | 184.2% | |
| Exports (fob) | Rs m | 63,956 | 16,455 | 388.7% | |
| Imports (cif) | Rs m | 29,055 | 42,376 | 68.6% | |
| Fx inflow | Rs m | 63,956 | 16,530 | 386.9% | |
| Fx outflow | Rs m | 29,055 | 50,801 | 57.2% | |
| Net fx | Rs m | 34,901 | -34,271 | -101.8% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 20,826 | 33,005 | 63.1% | |
| From Investments | Rs m | -14,755 | -23,792 | 62.0% | |
| From Financial Activity | Rs m | -6,019 | -8,682 | 69.3% | |
| Net Cashflow | Rs m | 53 | 546 | 9.8% | |
Share Holding
| Indian Promoters | % | 58.3 | 27.1 | 215.1% | |
| Foreign collaborators | % | 0.0 | 0.7 | - | |
| Indian inst/Mut Fund | % | 35.2 | 30.4 | 115.9% | |
| FIIs | % | 11.7 | 18.7 | 62.7% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 41.7 | 72.2 | 57.7% | |
| Shareholders | 124,388 | 48,576 | 256.1% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare BALKRISHNA INDUSTRIES With: APOLLO TYRES CEAT TVS SRICHAKRA JK TYRE & IND
More on Balkrishna Ind vs MRF
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Balkrishna Ind vs MRF Share Price Performance
| Period | Balkrishna Ind | MRF |
|---|---|---|
| 1-Day | 0.72% | 1.65% |
| 1-Month | -6.77% | -4.12% |
| 1-Year | 10.83% | 10.36% |
| 3-Year CAGR | 7.21% | 17.55% |
| 5-Year CAGR | 27.10% | 14.11% |
* Compound Annual Growth Rate
Here are more details on the Balkrishna Ind share price and the MRF share price.
Moving on to shareholding structures...
The promoters of Balkrishna Ind hold a 58.3% stake in the company. In case of MRF the stake stands at 27.8%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Balkrishna Ind and the shareholding pattern of MRF.
Finally, a word on dividends...
In the most recent financial year, Balkrishna Ind paid a dividend of Rs 20.0 per share. This amounted to a Dividend Payout ratio of 26.3%.
MRF paid Rs 200.0, and its dividend payout ratio stood at 4.1%.
You may visit here to review the dividend history of Balkrishna Ind, and the dividend history of MRF.
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