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- JK TYRE & IND - BALKRISHNA INDUSTRIES
JK TYRE & IND vs BALKRISHNA INDUSTRIES - Comparison Results
Current Valuations
| JK TYRE & IND | BALKRISHNA INDUSTRIES | JK TYRE & IND/ BALKRISHNA INDUSTRIES |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 13.7 | 32.8 | 41.8% | View Chart |
| P/BV | x | 2.3 | 6.0 | 38.4% | View Chart |
| Dividend Yield | % | 1.2 | 0.7 | 163.8% |
Financials
 JK TYRE & IND  BALKRISHNA INDUSTRIES |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| JK TYRE & IND Mar-24 |
BALKRISHNA INDUSTRIES Mar-24 |
JK TYRE & IND/ BALKRISHNA INDUSTRIES |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 554 | 2,794 | 19.8% | |
| Low | Rs | 154 | 1,933 | 7.9% | |
| Sales per share (Unadj.) | Rs | 575.4 | 484.6 | 118.7% | |
| Earnings per share (Unadj.) | Rs | 31.1 | 76.1 | 40.9% | |
| Cash flow per share (Unadj.) | Rs | 47.9 | 109.8 | 43.6% | |
| Dividends per share (Unadj.) | Rs | 4.50 | 20.00 | 22.5% | |
| Avg Dividend yield | % | 1.3 | 0.8 | 150.2% | |
| Book value per share (Unadj.) | Rs | 172.1 | 458.0 | 37.6% | |
| Shares outstanding (eoy) | m | 260.72 | 193.32 | 134.9% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.6 | 4.9 | 12.6% | |
| Avg P/E ratio | x | 11.4 | 31.0 | 36.6% | |
| P/CF ratio (eoy) | x | 7.4 | 21.5 | 34.3% | |
| Price / Book Value ratio | x | 2.1 | 5.2 | 39.9% | |
| Dividend payout | % | 14.5 | 26.3 | 55.0% | |
| Avg Mkt Cap | Rs m | 92,283 | 456,876 | 20.2% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 14,318 | 4,995 | 286.6% | |
| 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 | 150,018 | 93,689 | 160.1% | |
| Other income | Rs m | 444 | 4,494 | 9.9% | |
| Total revenues | Rs m | 150,461 | 98,183 | 153.2% | |
| Gross profit | Rs m | 20,503 | 22,558 | 90.9% | |
| Depreciation | Rs m | 4,368 | 6,507 | 67.1% | |
| Interest | Rs m | 4,469 | 1,135 | 393.9% | |
| Profit before tax | Rs m | 12,109 | 19,410 | 62.4% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 3,994 | 4,695 | 85.1% | |
| Profit after tax | Rs m | 8,115 | 14,715 | 55.1% | |
| Gross profit margin | % | 13.7 | 24.1 | 56.8% | |
| Effective tax rate | % | 33.0 | 24.2 | 136.4% | |
| Net profit margin | % | 5.4 | 15.7 | 34.4% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 65,566 | 46,441 | 141.2% | |
| Current liabilities | Rs m | 56,858 | 36,604 | 155.3% | |
| Net working cap to sales | % | 5.8 | 10.5 | 55.3% | |
| Current ratio | x | 1.2 | 1.3 | 90.9% | |
| Inventory Days | Days | 6 | 122 | 5.3% | |
| Debtors Days | Days | 7 | 563 | 1.2% | |
| Net fixed assets | Rs m | 74,511 | 90,405 | 82.4% | |
| Share capital | Rs m | 521 | 387 | 134.9% | |
| "Free" reserves | Rs m | 44,346 | 88,152 | 50.3% | |
| Net worth | Rs m | 44,867 | 88,538 | 50.7% | |
| Long term debt | Rs m | 21,869 | 6,914 | 316.3% | |
| Total assets | Rs m | 140,116 | 136,845 | 102.4% | |
| Interest coverage | x | 3.7 | 18.1 | 20.5% | |
| Debt to equity ratio | x | 0.5 | 0.1 | 624.1% | |
| Sales to assets ratio | x | 1.1 | 0.7 | 156.4% | |
| Return on assets | % | 9.0 | 11.6 | 77.5% | |
| Return on equity | % | 18.1 | 16.6 | 108.8% | |
| Return on capital | % | 24.8 | 21.5 | 115.4% | |
| Exports to sales | % | 9.2 | 68.3 | 13.5% | |
| Imports to sales | % | 12.4 | 31.0 | 40.1% | |
| Exports (fob) | Rs m | 13,784 | 63,956 | 21.6% | |
| Imports (cif) | Rs m | 18,662 | 29,055 | 64.2% | |
| Fx inflow | Rs m | 13,784 | 63,956 | 21.6% | |
| Fx outflow | Rs m | 18,662 | 29,055 | 64.2% | |
| Net fx | Rs m | -4,879 | 34,901 | -14.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 16,142 | 20,826 | 77.5% | |
| From Investments | Rs m | -12,081 | -14,755 | 81.9% | |
| From Financial Activity | Rs m | -4,133 | -6,019 | 68.7% | |
| Net Cashflow | Rs m | -18 | 53 | -34.4% | |
Share Holding
| Indian Promoters | % | 50.6 | 58.3 | 86.7% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 22.3 | 35.2 | 63.3% | |
| FIIs | % | 11.6 | 11.7 | 99.0% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 49.5 | 41.7 | 118.6% | |
| Shareholders | 336,329 | 124,388 | 270.4% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare JK TYRE & IND With: APOLLO TYRES CEAT TVS SRICHAKRA GOODYEAR (I) MRF
More on JK TYRE & IND vs Balkrishna Ind
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
JK TYRE & IND vs Balkrishna Ind Share Price Performance
| Period | JK TYRE & IND | Balkrishna Ind |
|---|---|---|
| 1-Day | 1.18% | 0.72% |
| 1-Month | -4.68% | -6.77% |
| 1-Year | 9.68% | 10.83% |
| 3-Year CAGR | 42.27% | 7.21% |
| 5-Year CAGR | 41.38% | 27.10% |
* Compound Annual Growth Rate
Here are more details on the JK TYRE & IND share price and the Balkrishna Ind share price.
Moving on to shareholding structures...
The promoters of JK TYRE & IND hold a 50.6% stake in the company. In case of Balkrishna Ind the stake stands at 58.3%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of JK TYRE & IND and the shareholding pattern of Balkrishna Ind.
Finally, a word on dividends...
In the most recent financial year, JK TYRE & IND paid a dividend of Rs 4.5 per share. This amounted to a Dividend Payout ratio of 14.5%.
Balkrishna Ind paid Rs 20.0, and its dividend payout ratio stood at 26.3%.
You may visit here to review the dividend history of JK TYRE & IND, and the dividend history of Balkrishna Ind.
Today's Market
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On Tuesday, Indian share markets traded on a positive note throughout the session and ended marginally higher.
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