Healthy volume growth boosts overall performance

Company
21 May 2024
5 Min read 
  • Balkrishna Industries (BIL) financials and valuations are detailed.
  •  BIL's sales, EBITDA, and adjusted PAT are expected to grow.
  •  The company's RoE and RoCE are expected to improve.
  •  The management commentary highlights improved retail demand and uncertain outlook.
  •  BIL's valuation reflects industry-leading margin, FCF, and capital efficiencies.
  •  The company's financial ratios and cash flow statement are provided.
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