Balkrishna Industries Limited (BALKRISIND) - Net Assets
Based on the latest financial reports, Balkrishna Industries Limited (BALKRISIND) has net assets worth Rs104.40 Billion INR (≈ $1.13 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs165.05 Billion ≈ $1.78 Billion USD) and total liabilities (Rs60.66 Billion ≈ $655.98 Million USD). 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. Check Balkrishna Industries Limited (BALKRISIND) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs104.40 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. Also explore BALKRISIND total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Balkrishna Industries Limited (BALKRISIND) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs103.88 Billion ≈ $1.12 Billion |
+17.32% |
| 2024-03-31 | Rs88.54 Billion ≈ $957.51 Million |
+17.16% |
| 2023-03-31 | Rs75.57 Billion ≈ $817.25 Million |
+9.00% |
| 2022-03-31 | Rs69.33 Billion ≈ $749.78 Million |
+15.55% |
| 2021-03-31 | Rs60.00 Billion ≈ $648.86 Million |
+19.80% |
| 2020-03-31 | Rs50.08 Billion ≈ $541.63 Million |
+7.62% |
| 2019-03-31 | Rs46.54 Billion ≈ $503.28 Million |
+13.97% |
| 2018-03-31 | Rs40.83 Billion ≈ $441.60 Million |
+15.26% |
| 2017-03-31 | Rs35.43 Billion ≈ $383.15 Million |
+27.08% |
| 2016-03-31 | Rs27.88 Billion ≈ $301.50 Million |
+22.49% |
| 2015-03-31 | Rs22.76 Billion ≈ $246.14 Million |
+20.10% |
| 2014-03-31 | Rs18.95 Billion ≈ $204.95 Million |
+31.33% |
| 2013-03-31 | Rs14.43 Billion ≈ $156.06 Million |
+29.99% |
| 2012-03-31 | Rs11.10 Billion ≈ $120.05 Million |
+28.88% |
| 2011-03-31 | Rs8.61 Billion ≈ $93.15 Million |
+26.41% |
| 2010-03-31 | Rs6.81 Billion ≈ $73.69 Million |
+42.51% |
| 2009-03-31 | Rs4.78 Billion ≈ $51.71 Million |
+14.59% |
| 2008-03-31 | Rs4.17 Billion ≈ $45.12 Million |
+20.08% |
| 2007-03-31 | Rs3.47 Billion ≈ $37.58 Million |
+20.85% |
| 2006-03-31 | Rs2.88 Billion ≈ $31.09 Million |
+82.01% |
| 2005-03-31 | Rs1.58 Billion ≈ $17.08 Million |
-- |
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 | Rs44.18 Billion | 42.53% |
| Common Stock | Rs386.60 Million | 0.37% |
| Other Comprehensive Income | Rs59.31 Billion | 57.09% |
| Total Equity | Rs103.88 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 |
|---|---|
|
Persimmon Plc
F:OHP
|
$4.52 Billion |
|
Crocs Inc
NASDAQ:CROX
|
$4.52 Billion |
|
LEG Immobilien SE
XETRA:LEG
|
$4.52 Billion |
|
KURITA WTR IND.UNSP.ADR 2
F:KWI0
|
$4.52 Billion |
|
T&S Communications Co Ltd
SHE:300570
|
$4.52 Billion |
|
BURBERRY GROUP ADR/
F:BB2A
|
$4.51 Billion |
|
Humanwell Healthcare Group Co Ltd
SHG:600079
|
$4.51 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
$4.51 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 | Rs16.55 Billion | +15.93% |
| Dividends Paid | Rs3.10 Billion | -2.98% |
| Other Comprehensive Income | Rs58.88 Billion | +56.68% |
| Other Changes | Rs-57.00 Billion | -54.87% |
| Total Change | Rs- | 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: 4.02x
- 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 254.02x to 4.02x 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 | Rs8.51 | Rs2160.80 | x |
| 2006-03-31 | Rs15.18 | Rs2160.80 | x |
| 2007-03-31 | Rs17.32 | Rs2160.80 | x |
| 2008-03-31 | Rs20.80 | Rs2160.80 | x |
| 2009-03-31 | Rs23.83 | Rs2160.80 | x |
| 2010-03-31 | Rs35.25 | Rs2160.80 | x |
| 2011-03-31 | Rs44.56 | Rs2160.80 | x |
| 2012-03-31 | Rs57.42 | Rs2160.80 | x |
| 2013-03-31 | Rs74.64 | Rs2160.80 | x |
| 2014-03-31 | Rs98.03 | Rs2160.80 | x |
| 2015-03-31 | Rs117.73 | Rs2160.80 | x |
| 2016-03-31 | Rs144.21 | Rs2160.80 | x |
| 2017-03-31 | Rs183.27 | Rs2160.80 | x |
| 2018-03-31 | Rs211.23 | Rs2160.80 | x |
| 2019-03-31 | Rs240.73 | Rs2160.80 | x |
| 2020-03-31 | Rs259.07 | Rs2160.80 | x |
| 2021-03-31 | Rs310.36 | Rs2160.80 | x |
| 2022-03-31 | Rs358.63 | Rs2160.80 | x |
| 2023-03-31 | Rs390.91 | Rs2160.80 | x |
| 2024-03-31 | Rs457.99 | Rs2160.80 | x |
| 2025-03-31 | Rs537.34 | Rs2160.80 | 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 | Rs416.99 Million |
| 2006 | 24.03% | 11.15% | 0.83x | 2.60x | Rs403.49 Million |
| 2007 | 23.92% | 9.47% | 0.91x | 2.79x | Rs483.53 Million |
| 2008 | 26.76% | 9.85% | 0.87x | 3.13x | Rs699.47 Million |
| 2009 | 15.56% | 5.31% | 1.07x | 2.72x | Rs265.88 Million |
| 2010 | 31.82% | 13.87% | 0.96x | 2.40x | Rs1.49 Billion |
| 2011 | 22.59% | 8.88% | 1.01x | 2.53x | Rs1.08 Billion |
| 2012 | 23.93% | 8.80% | 0.90x | 3.01x | Rs1.55 Billion |
| 2013 | 24.25% | 10.36% | 0.81x | 2.88x | Rs2.06 Billion |
| 2014 | 25.04% | 12.73% | 0.74x | 2.65x | Rs2.85 Billion |
| 2015 | 20.76% | 12.50% | 0.71x | 2.34x | Rs2.45 Billion |
| 2016 | 20.66% | 17.83% | 0.60x | 1.93x | Rs2.97 Billion |
| 2017 | 20.23% | 19.58% | 0.63x | 1.63x | Rs3.63 Billion |
| 2018 | 18.02% | 16.91% | 0.74x | 1.44x | Rs3.27 Billion |
| 2019 | 16.62% | 15.36% | 0.78x | 1.39x | Rs3.08 Billion |
| 2020 | 19.16% | 20.40% | 0.69x | 1.36x | Rs4.59 Billion |
| 2021 | 19.63% | 20.75% | 0.70x | 1.36x | Rs5.78 Billion |
| 2022 | 20.70% | 17.48% | 0.75x | 1.58x | Rs7.42 Billion |
| 2023 | 13.99% | 10.95% | 0.78x | 1.63x | Rs3.02 Billion |
| 2024 | 16.62% | 15.82% | 0.68x | 1.55x | Rs5.86 Billion |
| 2025 | 15.93% | 15.84% | 0.67x | 1.51x | Rs6.16 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: $19,615,739,889
- Average return on equity (ROE) among peers: 6.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Balkrishna Industries Limited (BALKRISIND) | Rs104.40 Billion | 36.40% | 0.58x | $4.52 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $2.16 Billion | 7.78% | 8.56x | $2.31 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $937.98 Million |
| Banco Products (I) Limited (BANCOINDIA) | $9.82 Billion | 15.53% | 0.56x | $956.83 Million |
| Bharat Gears Limited (BHARATGEAR) | $795.74 Million | -23.60% | 3.70x | $17.81 Million |
| Bosch Limited (BOSCHLTD) | $106.80 Billion | 11.41% | 0.44x | $11.48 Billion |
| CEAT Limited (CEATLTD) | $27.90 Billion | 9.04% | 1.30x | $1.50 Billion |
| CIE Automotive India Limited (CIEINDIA) | $1.77 Billion | -6.74% | 0.78x | $1.94 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $11.36 Billion | 14.36% | 1.36x | $1.98 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.51 Billion | 9.28% | 0.16x | $238.35 Million |
About 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