BALKRISIND.NS
Price:
$2447.7
Market Cap:
$473.18B
Balkrishna Industries Limited manufactures and sells tires worldwide. It offers rubber tires, tubes, and carbon black products. The company provides off-highway tires for use in various applications, such as agricultural, industrial and construction, earthmoving and port, mining, forestry, lawn and garden, and all-terrain vehicles. It sells its products through a network of distributors. The company was incorporated in 1961 and is headquartered in Mumbai, India.
Industry
Auto - Parts
IPO Date
2006-01-27
Stock Exchange
NSE
Ticker
BALKRISIND.NS
According to Balkrishna Industries Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.32. This represents a change of 97.80% compared to the average of 0.67 of the last 4 quarters.
The mean historical Current Ratio of Balkrishna Industries Limited over the last ten years is 1.27. The current 1.32 Current Ratio has changed 10.27% with respect to the historical average. Over the past ten years (40 quarters), BALKRISIND.NS's Current Ratio was at its highest in in the March 2019 quarter at 1.70. The Current Ratio was at its lowest in in the January 2015 quarter at 0.
Average
1.27
Median
1.25
Minimum
1.05
Maximum
1.70
Discovering the peaks and valleys of Balkrishna Industries Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 31.94%
Maximum Annual Current Ratio = 1.70
Minimum Annual Increase = -27.37%
Minimum Annual Current Ratio = 1.05
Year | Current Ratio | Change |
---|---|---|
2025 | 1.32 | 3.90% |
2024 | 1.27 | 8.18% |
2023 | 1.17 | -2.56% |
2022 | 1.20 | -7.79% |
2021 | 1.31 | 5.82% |
2020 | 1.23 | -27.37% |
2019 | 1.70 | 21.40% |
2018 | 1.40 | 31.94% |
2017 | 1.06 | 0.77% |
2016 | 1.05 | -23.14% |
The current Current Ratio of Balkrishna Industries Limited (BALKRISIND.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.25
5-year avg
1.25
10-year avg
1.27
Balkrishna Industries Limited’s Current Ratio is greater than Bharat Forge Limited (1.18), less than Amara Raja Batteries Limited (1.84), less than Berger Paints India Limited (2.05), less than Cummins India Limited (3.10), greater than Cholamandalam Investment and Finance Company Limited (0),
Company | Current Ratio | Market cap |
---|---|---|
1.18 | $621.75B | |
1.84 | $103.20B | |
2.05 | $654.36B | |
3.10 | $919.33B | |
0 | $1.31T |
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