|
29 May 2025 |
Balkrishna Industries
|
Consensus Share Price Target
|
2478.00 |
2566.58 |
- |
3.57 |
hold
|
|
|
|
|
22 May 2025
|
Balkrishna Industries
|
Ventura
|
2478.00
|
2417.00
|
2649.60
(-6.48%)
|
2.46 |
Sell
|
|
|
Black & White
|
|
02 Apr 2025
|
Balkrishna Industries
|
Geojit BNP Paribas
|
2478.00
|
2770.00
|
2567.10
(-3.47%)
|
Target met |
Hold
|
|
|
|
|
28 Jan 2025
|
Balkrishna Industries
|
KRChoksey
|
2478.00
|
2528.00
|
2706.15
(-8.43%)
|
Target met |
Sell
|
|
|
• Company Q3FY25’s earnings performance exceeds our estimates across the board. • For Q3FY25, BIL reported revenue of INR 25,603 Mn (+12.6% YoY/ +5.8% QoQ), which outperformed our estimates by 4.3%.
|
|
27 Jan 2025
|
Balkrishna Industries
|
Motilal Oswal
|
2478.00
|
2630.00
|
2564.65
(-3.38%)
|
Target met |
Neutral
|
|
|
Balkrishna Industries (BIL) delivered an operationally in-line performance in 3QFY25, with Fx gains driving an Adj. PAT beat at INR4.4b (up 43% YoY, vs. est. INR3.8b).
|
|
29 Oct 2024
|
Balkrishna Industries
|
KRChoksey
|
2478.00
|
2768.00
|
2900.55
(-14.57%)
|
Target met |
Sell
|
|
|
BIL’s Q2FY25 earnings performance exceeds our estimates across the board. For Q2FY25, BIL reported revenue of INR 24,197 Mn (+7.4% YoY/ -10.9% QoQ), which outperformed our estimates by 4.0%.
|
|
27 Oct 2024
|
Balkrishna Industries
|
Motilal Oswal
|
2478.00
|
2890.00
|
2907.55
(-14.77%)
|
Target met |
Neutral
|
|
|
Balkrishna Industries (BIL)’s 2QFY25 was operationally better than expected with EBITDA of INR6.2b (+13% YoY, est. INR5.9b), led by better ASP and lower promotional expenses.
|
|
23 Aug 2024
|
Balkrishna Industries
|
KRChoksey
|
2478.00
|
2768.00
|
2853.15
(-13.15%)
|
Target met |
Sell
|
|
|
For Q1FY25, BIL reported robust revenue of INR 27,145 Mn (+25.7% YoY, +1.2%QoQ), which outperformed our estimates. Gross margin for the quarter expanded by 47 bps YoY (-88 bps QoQ) to 52.3%.
|
|
14 Aug 2024
|
Balkrishna Industries
|
Keynote Capitals Ltd
|
2478.00
|
3024.00
|
2781.45
(-10.91%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q1FY25
|
|
12 Aug 2024
|
Balkrishna Industries
|
Sharekhan
|
2478.00
|
3195.00
|
2844.65
(-12.89%)
|
28.93 |
Buy
|
|
|
A 4.7% beat in topline resulted in in-line EBITDA, though PAT was 14.3% above estimates on higherthan-expected other income.
|
|
29 May 2024
|
Balkrishna Industries
|
KRChoksey
|
2478.00
|
2998.00
|
3099.25
(-20.05%)
|
Target met |
Sell
|
|
|
For Q4FY24, Balkrishna Industries (BKT) reported robust revenue of INR 26,819 Mn, a growth of 15.7% YoY/ 17.9% QoQ. The reported revenue was outperformed our estimated.
|
|
21 May 2024
|
Balkrishna Industries
|
ICICI Direct
|
2478.00
|
3250.00
|
3052.70
(-18.83%)
|
Target met |
Hold
|
|
|
|
|
21 May 2024
|
Balkrishna Industries
|
Keynote Capitals Ltd
|
2478.00
|
2995.00
|
3052.70
(-18.83%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q4FY24
|
|
18 May 2024
|
Balkrishna Industries
|
Sharekhan
|
2478.00
|
3195.00
|
2797.75
(-11.43%)
|
Target met |
Buy
|
|
|
Strong earnings beat on robust volume growth (+12.8% q-o-q), healthy realisations (+3.9% q-o-q), and sharp gross margin expansion (+160bps q-o-q). Revenue and EBITDA exceeded estimates by 16.2% and 18.2%, respectively.
|
|
30 Jan 2024
|
Balkrishna Industries
|
KRChoksey
|
2478.00
|
2598.00
|
2452.15
(1.05%)
|
Target met |
Buy
|
|
|
For Q3FY24, BIL reported consolidated revenue of INR 22,744 Mn, a growth of 5.0% YoY/ 0.9% QoQ. The underlying standalone volumes for the quarter were at 72,749 MT, reporting a growth of 9.4% YoY/ 3.1% QoQ.
|
|
29 Jan 2024
|
Balkrishna Industries
|
Keynote Capitals Ltd
|
2478.00
|
2376.00
|
2508.70
(-1.22%)
|
Target met |
Sell
|
|
|
Quarterly Update Q3FY24
|
|
26 Oct 2023
|
Balkrishna Industries
|
KRChoksey
|
2478.00
|
2598.00
|
2556.00
(-3.05%)
|
Target met |
Hold
|
|
|
For Q2FY24, BIL reported consolidated revenue of INR 22,532 Mn, a decline of 15.2% YoY but an improvement of 4.3% QoQ. The underlying volumes for the quarter were at 70,585 MT, reporting a decline of 10.5% YoY but an improvement of 5.0% QoQ. The volumes saw the benefit of postponement of deliveries from Q1FY24 to Q2FY24 due to the disruptive impact of cyclone Biparjoy.
|
|
24 Oct 2023
|
Balkrishna Industries
|
ICICI Securities Limited
|
2478.00
|
2709.00
|
2566.90
(-3.46%)
|
Target met |
Accumulate
|
|
|
Balkrishna Industries (BIL)’s Q2FY24 EBITDAM, at 24.4%, was up 170bps QoQ driven by a combination of lower raw material basket (RMB) cost, better product mix and favourable hedge rate. Post-inventory destocking at the dealer level in the last few quarters, inventory is now at normalised levels of 2-3 months, from highs of ~4 months.
|
|
23 Oct 2023
|
Balkrishna Industries
|
Motilal Oswal
|
2478.00
|
2500.00
|
2566.90
(-3.46%)
|
Target met |
Neutral
|
|
|
|
|
23 Oct 2023
|
Balkrishna Industries
|
Keynote Capitals Ltd
|
2478.00
|
2708.00
|
2566.90
(-3.46%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q2FY24
|
|
23 Oct 2023
|
Balkrishna Industries
|
Sharekhan
|
2478.00
|
2720.00
|
2592.85
(-4.43%)
|
Target met |
Hold
|
|
|
|