Peers

Balkrishna Industries Ltd. stands out as a deep value pick in the Tyres & Allied sector due to its reasonable valuation metrics, strong profitability compared to peers, and decent growth trajectory despite a one-year revenue decline. Its relatively low PE and PEG ratios indicate potential for future appreciation, especially when considering its robust ROE.

• • Balkrishna Industries has a solid ROE of 17.93%, which is higher than many peers.
• • Despite negative revenue growth YoY, its 3-Year revenue growth stands strong at 17.45%.
• • The debt-equity ratio of 0.35 is manageable and indicates low leverage compared to peers.

• • Balkrishna Industries Ltd.: Solid ROE and growth metrics despite recent revenue decline.
• • MRF Ltd.: Highest revenue growth YoY, strong EPS, and profitability metrics.
• • JK Tyre & Industries Ltd.: High ROE and manageable debt levels.