Balkrishna Industries Limited
Balkrishna Industries Limited manufactures and sells tires in India, Europe, North America, and internationally. It provides manufacturing and selling of off-highway tires OHT for use in various applications, such as agricultural, mining, forestry, construction, industrial, earthmoving, port, all-terrain vehicle ATV, and turf care applications. The company was incorporated in 1961 and is headquar… Read more
Balkrishna Industries Limited (BALKRISIND) - Net Assets
Latest net assets as of September 2025: ₹104.40 Billion INR
Based on the latest financial reports, Balkrishna Industries Limited (BALKRISIND) has net assets worth ₹104.40 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹165.05 Billion) and total liabilities (₹60.66 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹104.40 Billion |
| % of Total Assets | 63.25% |
| Annual Growth Rate | 23.28% |
| 5-Year Change | 73.13% |
| 10-Year Change | 272.6% |
| Growth Volatility | 15.52 |
Balkrishna Industries Limited - Net Assets Trend (2005–2025)
This chart illustrates how Balkrishna Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Balkrishna Industries Limited (2005–2025)
The table below shows the annual net assets of Balkrishna Industries Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹103.88 Billion | +17.32% |
| 2024-03-31 | ₹88.54 Billion | +17.16% |
| 2023-03-31 | ₹75.57 Billion | +9.00% |
| 2022-03-31 | ₹69.33 Billion | +15.55% |
| 2021-03-31 | ₹60.00 Billion | +19.80% |
| 2020-03-31 | ₹50.08 Billion | +7.62% |
| 2019-03-31 | ₹46.54 Billion | +13.97% |
| 2018-03-31 | ₹40.83 Billion | +15.26% |
| 2017-03-31 | ₹35.43 Billion | +27.08% |
| 2016-03-31 | ₹27.88 Billion | +22.49% |
| 2015-03-31 | ₹22.76 Billion | +20.10% |
| 2014-03-31 | ₹18.95 Billion | +31.33% |
| 2013-03-31 | ₹14.43 Billion | +29.99% |
| 2012-03-31 | ₹11.10 Billion | +28.88% |
| 2011-03-31 | ₹8.61 Billion | +26.41% |
| 2010-03-31 | ₹6.81 Billion | +42.51% |
| 2009-03-31 | ₹4.78 Billion | +14.59% |
| 2008-03-31 | ₹4.17 Billion | +20.08% |
| 2007-03-31 | ₹3.47 Billion | +20.85% |
| 2006-03-31 | ₹2.88 Billion | +82.01% |
| 2005-03-31 | ₹1.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Balkrishna Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4418230000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹44.18 Billion | 42.53% |
| Common Stock | ₹386.60 Million | 0.37% |
| Other Comprehensive Income | ₹59.31 Billion | 57.09% |
| Total Equity | ₹103.88 Billion | 100.00% |
Balkrishna Industries Limited Competitors by Market Cap
The table below lists competitors of Balkrishna Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Forms Syntron Information Co Ltd
SHE:300468
|
$2.06 Billion |
|
OATLY GROUP AB SP.ADS/1
F:9ZX
|
$2.06 Billion |
|
Hubei Zhenhua Chemical Co Ltd
SHG:603067
|
$2.06 Billion |
|
Anhui Zhongding Sealing Parts Co Ltd
SHE:000887
|
$2.06 Billion |
|
Fujian Longking Co Ltd
SHG:600388
|
$2.06 Billion |
|
Sankyo Co. Ltd
F:SOK
|
$2.06 Billion |
|
Knowles Cor
NYSE:KN
|
$2.06 Billion |
|
ATL. BRV. HLDG. C DL-,001
F:E450
|
$2.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Balkrishna Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 88,538,200,000 to 103,876,000,000, a change of 15,337,800,000 (17.3%).
- Net income of 16,549,600,000 contributed positively to equity growth.
- Dividend payments of 3,095,100,000 reduced retained earnings.
- Other comprehensive income increased equity by 58,881,300,000.
- Other factors decreased equity by 56,998,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹16.55 Billion | +15.93% |
| Dividends Paid | ₹3.10 Billion | -2.98% |
| Other Comprehensive Income | ₹58.88 Billion | +56.68% |
| Other Changes | ₹-57.00 Billion | -54.87% |
| Total Change | ₹- | 17.32% |
Book Value vs Market Value Analysis
This analysis compares Balkrishna Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 261.65x to 4.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹8.51 | ₹2225.70 | x |
| 2006-03-31 | ₹15.18 | ₹2225.70 | x |
| 2007-03-31 | ₹17.32 | ₹2225.70 | x |
| 2008-03-31 | ₹20.80 | ₹2225.70 | x |
| 2009-03-31 | ₹23.83 | ₹2225.70 | x |
| 2010-03-31 | ₹35.25 | ₹2225.70 | x |
| 2011-03-31 | ₹44.56 | ₹2225.70 | x |
| 2012-03-31 | ₹57.42 | ₹2225.70 | x |
| 2013-03-31 | ₹74.64 | ₹2225.70 | x |
| 2014-03-31 | ₹98.03 | ₹2225.70 | x |
| 2015-03-31 | ₹117.73 | ₹2225.70 | x |
| 2016-03-31 | ₹144.21 | ₹2225.70 | x |
| 2017-03-31 | ₹183.27 | ₹2225.70 | x |
| 2018-03-31 | ₹211.23 | ₹2225.70 | x |
| 2019-03-31 | ₹240.73 | ₹2225.70 | x |
| 2020-03-31 | ₹259.07 | ₹2225.70 | x |
| 2021-03-31 | ₹310.36 | ₹2225.70 | x |
| 2022-03-31 | ₹358.63 | ₹2225.70 | x |
| 2023-03-31 | ₹390.91 | ₹2225.70 | x |
| 2024-03-31 | ₹457.99 | ₹2225.70 | x |
| 2025-03-31 | ₹537.34 | ₹2225.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Balkrishna Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.84%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.51x
- Recent ROE (15.93%) is below the historical average (21.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 36.40% | 12.66% | 0.98x | 2.94x | ₹416.99 Million |
| 2006 | 24.03% | 11.15% | 0.83x | 2.60x | ₹403.49 Million |
| 2007 | 23.92% | 9.47% | 0.91x | 2.79x | ₹483.53 Million |
| 2008 | 26.76% | 9.85% | 0.87x | 3.13x | ₹699.47 Million |
| 2009 | 15.56% | 5.31% | 1.07x | 2.72x | ₹265.88 Million |
| 2010 | 31.82% | 13.87% | 0.96x | 2.40x | ₹1.49 Billion |
| 2011 | 22.59% | 8.88% | 1.01x | 2.53x | ₹1.08 Billion |
| 2012 | 23.93% | 8.80% | 0.90x | 3.01x | ₹1.55 Billion |
| 2013 | 24.25% | 10.36% | 0.81x | 2.88x | ₹2.06 Billion |
| 2014 | 25.04% | 12.73% | 0.74x | 2.65x | ₹2.85 Billion |
| 2015 | 20.76% | 12.50% | 0.71x | 2.34x | ₹2.45 Billion |
| 2016 | 20.66% | 17.83% | 0.60x | 1.93x | ₹2.97 Billion |
| 2017 | 20.23% | 19.58% | 0.63x | 1.63x | ₹3.63 Billion |
| 2018 | 18.02% | 16.91% | 0.74x | 1.44x | ₹3.27 Billion |
| 2019 | 16.62% | 15.36% | 0.78x | 1.39x | ₹3.08 Billion |
| 2020 | 19.16% | 20.40% | 0.69x | 1.36x | ₹4.59 Billion |
| 2021 | 19.63% | 20.75% | 0.70x | 1.36x | ₹5.78 Billion |
| 2022 | 20.70% | 17.48% | 0.75x | 1.58x | ₹7.42 Billion |
| 2023 | 13.99% | 10.95% | 0.78x | 1.63x | ₹3.02 Billion |
| 2024 | 16.62% | 15.82% | 0.68x | 1.55x | ₹5.86 Billion |
| 2025 | 15.93% | 15.84% | 0.67x | 1.51x | ₹6.16 Billion |
Industry Comparison
This section compares Balkrishna Industries Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $20,309,861,889
- Average return on equity (ROE) among peers: 8.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Balkrishna Industries Limited (BALKRISIND) | ₹104.40 Billion | 36.40% | 0.58x | $2.06 Billion |
| Apollo Tyres Limited (APOLLOTYRE) | $114.43 Billion | 3.06% | 1.28x | $1.40 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $14.24 Billion | 9.35% | 1.65x | $832.12 Million |
| Automotive Stampings and Assemblies Limited (ASAL) | $741.25 Million | -5.97% | 1.64x | $18.67 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $223.03 Million |
| Automotive Axles Limited (AUTOAXLES) | $5.54 Billion | 4.10% | 0.70x | $91.26 Million |
| Autoline Industries Limited (AUTOIND) | $1.99 Billion | 8.23% | 1.89x | $12.05 Million |
| Banco Products (I) Limited (BANCOINDIA) | $1.69 Billion | 24.48% | 0.35x | $278.97 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $534.60 Million |
| Bharat Forge Limited (BHARATFORG) | $17.39 Billion | 3.35% | 2.07x | $5.02 Billion |