Birla Tyres Company Overview :-
Birla Tires Ltd. Is a part of Kesaram Industries Limited. Kesoram Industries Limited is one of the leading manufacturers of Cement, Tire and Rayon. Birla Tire was established in 1991. The company’s headquarter is located in Kolkata, West Bengal.
The company has manufacturing facilities at Balasore in Odisha and Laksar near Haridwar in Uttaranchal.
Birla Tires Ltd. The company offers a wide range of tires for vehicles including automobiles, motorcycles, commercial vehicles, farm vehicle. The company has a strong presence in both the domestic and international markets and its products are well known for durability, safety and performance. Let’s go
Birla Tires Ltd. pays special attention to research and development and does not shy away from investing in technology and innovation to continuously improve its products. The company has state-of-the-art research and development facilities.
Through which the company works to develop new and innovative tire designs. This equipment is equipped with all innovative facilities. Birla Tire is supported by international tire companies, due to which the company is always ahead in its field.
The company pays full attention to technology and innovation, along with this, Birla Tire also pays full attention to sustainability and corporate social responsibility.
The company implements various initiatives to reduce its environmental impact, including the use of renewable energy sources.
Birla Tire also contributes significantly to education, health care and community development. Birla Tire’s international network is strong in 17 countries across the globe.
In conclusion, Birla Tires is one of the leading tire manufacturing company in India which is fully conscious towards environment and society along with its high quality and innovative products.
From time to time, the company invests in research and development with full attention, along with this the company has a good presence in both domestic and international markets and is making full efforts to increase its presence.
Business Model Of Birla Tyres Ltd. :-
Birla Tires Ltd. Talking about the business model of the company, it works for the production of high quality tires for a wide number of vehicles, along with this the company also tries to fulfill its social and environmental responsibilities.
According to us, the business model of the company mainly works on these four pillars:-
Product innovation- Birla Tires Ltd. To make its products better and better, it invests a lot in technology and innovation, along with this it emphasizes on research and development facility.
The company’s research and development facility is tailored to the needs of the customers. The company makes full use of innovation in its products. The company strives to continuously improve its products.
And while staying ahead of its competing companies, it makes every effort to make its products the best with high quality.
Efficient Production- Birla Tires Ltd. I have adopted sustainable manufacturing practices that also reduce the impact on the environment.
As well as making its operations more efficient, the company uses renewable energy sources and continuously strives to reduce waste, water consumption and greenhouse gas emissions.
By using sustainable manufacturing practices, the company strives to complete its work at a reasonable cost, thereby minimizing the impact on the environment.
Strong Distribution Network- Birla Tires Ltd. The company has a strong distribution network through which it takes its products to the right places at the right time in India and other international markets.
It plays an important role in making the company’s products accessible to a large range of customers. The company maintains a good online presence along with the E-Commerce platform.
It enables customers to buy their products directly from the company’s website. Birla Tire is constantly working to increase its market share and reach out to more customers.
Social Responsibility- Talking about the social responsibility of the company, the company is not far behind in this field as well. The company works on different aspects to reduce the impact on the environment during production.
Along with this, the company also believes in collaborating in the social sector for education, health care and social development. Keeping all these things in mind, the company is trying to increase its market presence and become a well-reputed brand among the customers. Works to make his identity.
Overall, Birla Tire’s business model focuses on the production of high quality tires for vehicles, while also giving priority to environmental and social responsibility.
And takes into account Product Ennovation, Efficient Production, Strong Distribution Network, and Social Responsibility for production and strives to stay ahead of all its competitors and maintain its position as a leading tire manufacturer in India and Internationally.
Basics Of Birla Tyres Ltd. :-
Company Name:- Birla Tires Ltd.
Year of Establishment:- 1991
Headquarters:- Kolkata, West Bengal (India))
Birla Tires Ltd. A leading car manufacturer in India, the company offers a wide range of tires for different vehicle types including two wheelers, passenger cars, commercial vehicles and agricultural vehicles.
The company is a part of the Kesoram Group of Industries, a leading manufacturer of cement, tires and rayon in India.
Birla Tires Ltd. The company is a leading player in the Indian tire industry. The company has more than 170 sales depots with more than 491 sales engineers and 8830 dealers at major locations.
The company is maintaining a good network in India as well as internationally. The company has a network established in about 17 countries, with this the company has a strong presence in both domestic and international markets.
Birla Tires Ltd. Exports its tires to more than 20 countries including Bangladesh, Philippines, Sri Lanka and Vietnam as well as many other countries.
Performance of Birla Tyres Limited:-
Birla Tires Ltd. Talking about the performance of the company, it is doing well with a steady increase in revenue and market share. The company is moving forward with a holistic focus on innovation, high quality and strong distribution network.
Talking about the financial performance, the company is currently moving towards its expansion with which the market cap of the company is around 72 crores.
Along with this, the company is continuously increasing its revenue and profit, for this the company is using strong distribution network, state-of-the-art facilities and efficient production capabilities of high quality.
Birla Tires Ltd. The growth can also be seen in its market share. The company has a current market share of around 6%, making it one of the largest players in the tire industry.
Reaching out to different countries, the company is constantly striving to further develop its market share. One of the major factors contributing to the success of Birla Tires is the company’s strong research and development team.
Birla Tire is committed to bringing new products to the market through innovation and tailoring them to customer needs.
Birla Tires Ltd. Continually working to increase its production capacity with cost effective adoption of advanced production ethods..
Along with this, the company takes various steps to reduce the environmental impact and greenhouse gas emissions by using renewable energy sources.
Along with this, the company is not lagging behind in contributing to the social sector as well. The strong distribution network of Birla Tires is also an important factor in the company’s success.
The company has established a large network of dealers and distributors across India. This connects the company directly with the customers. Along with this, the company is also on the e-commerce platform to directly connect with the customers to buy the product through its website. Provides facility.
Along with this, there is another important factor in the progress of the company, which is the social responsibility of the company, the company is always ready to work on all aspects like environmental protection as well as education, health care and community development.
Due to which the company comes with a positive impact among the people, this is also one of the reasons why the company has become a successful company and a reputed brand in the tire industry today.
In the end, we can say that the company is continuously moving forward by performing well with a good market share, although there have been some ups and downs in the company, but in the midst of all this the company is moving forward.
And is presenting its Birla Tires with a good presence in the Indian and International tire markets and is striving towards continuous growth.
Fundamental Analysis Birla Tires Ltd. :-
Fundamental analysis is done to determine the intrinsic value of any company and to know its financial and economic principles. Let us have a look at the fundamental analysis of Birla Tires Limited here:-
Revenue: Since the decline in the revenue of Birla Tires during the Karona epidemic, there has not been any significant increase in its revenue. The market cap of the company is around 72 crores.
Due to which this company is a small cap company, yet the company is continuously moving forward with innovation and efficient production capacity and is striving to increase its revenue.
Profitability: The last quarterly performance of the company has been very good. The company is now moving towards profit. The company is continuously expanding its profit with full focus, from the use of state-of-the-art tools to the protection of the environment and social responsibility. doing with
Debt: Birla Tires is trying to reduce its overhead debt level gradually. The company is continuously working to reduce its overhead debt.
And the result of which can be understood from the development of the company, the company is continuously making efforts to get out of debt slowly by using all means and moving towards its development to earn more profit.
Margin: Birla Tire is constantly trying to improve its margin and its results are also coming out slowly. According to the quarterly performance that has just come, the performance of the company has been much better than before.
At the same time, the company is trying its best to grow continuously. The credit for this improvement in margin can be given to the reasonable cost measures, efficient production capacity and hard working focus of the company.
In the end we can say that Birla Tire is moving towards its growth, the company is continuously working to improve its fundamental performance.
The company invests in state-of-the-art facilities with its efficient distribution system, strong regional management team and strong export capabilities and through all this the company is steadily progressing towards its growth as well as continuously improving its performance.
Share Holders Birla Tyers Ltd. :-
| Dec-2022 | Jun-2022 | Mar-2022 | Dec-2021 | |
|---|---|---|---|---|
| Promoter | – | – | – | – |
| Foreign | 0.00% | 0.00% | 0.00% | 0.005 |
| Indian | 29.95% | 38.47% | 48.68% | 50.91% |
| Total Promoter | 29.95% | 38.47% | 48.68% | 50.91% |
| Non-Promoter | – | – | – | – |
| Institutions | 0.14% | 3.59% | 4.46% | 2.25% |
| Non-Institutions | 60.50% | 57.95% | 46.86% | 46.85% |
| Total Non-Promoter | 60.64% | 61.53% | 51.32% | 49.09% |
| Custodian | 9.41% | 0.00% | 0.00% | 0.00% |
| Total | 100.00% | 100.00% | 100.00% | 100.00% |
SOURCE – Indiainfoline
Services Given By Birla Tyers Ltd. :-
Birla Tires Ltd. The company Tire is a leading company in Silvassa Company provides a wide range of services some of which are as follows-
Tire Delivery – Birla Tires Limited has a good distribution network through which the company extends its services to more than 20 countries.
The company has a good relationship with various distributors and dealers which helps in distribution of Birla Tires products. The company’s distribution network plays a major role in delivering its services to the right customers on time.
This is the reason that makes the company a reputed company even at the international level.
Tire Fitting – Birla Tires has tie-ups with various centers and workshops where customers can get their tires fitted. The company provides training and technical facilitation support for these service centres.
So that the right service can be given to the customers. The fitment service helps the customers to get their tires fitted easily and provides suitable service centres.
Tire Servicing- Birla Tire also provides tire servicing and maintenance services to its customers. The company has a team of trained technicians.
Capable of providing services such as tire rotation, wheel alignment and balancing, Tire Servicing helps its customers to keep their tires in good condition.
Tire Warranty- Birla Tires also provides warranty on its products so that any type of fault can be rectified. This warranty varies depending on the product category and usage, thus the company also provides this service to its customers.
Customer Support- Birla Tires has a dedicated customer support team capable of answering all kinds of queries that the customers may have related to the company through phone, email and social media. information can be obtained.
Technical Support- Birla Tires has an online team of technical experts capable of providing all kinds of technical services related to production.
The technical support service works to provide all kinds of basic information related to the tires to the customers, their usage, their quality etc.
Thus overall the company provides facilities like Tire Delivery, Tire Fitting, Tire Servicing, Tire Warranty, Customer Support, and Technical Support to its customers.
These services provide ease of access to the products to the customers and try to solve almost all types of issues related to Birla Tyre.
Similar Stocks Of Birla Tyres Ltd.
| Name | Current Value | Change | Change % | 52W High | 52W Low | % Upside | % Downside |
| Goodyear India | 1,069.30 | -3.8 | -0.35% | 1,203.00 | 844.00 | 10.8% | 27.14% |
| MRF | 84,265.85 | 234.5 | 0.28% | 95,954.35 | 65,800.00 | 12.43% | 27.71% |
| Apollo Tyres | 328.00 | 8.9 | 2.79% | 343.00 | 167.15 | 6.97% | 90.91% |
| CEAT | 1,457.25 | 24.65 | 1.72% | 1,981.45 | 890.00 | 27.7% | 60.97% |
| Balkrishna Industries | 1,990.95 | 26.45 | 1.35% | 2,451.00 | 1,801.00 | 19.85% | 9.08% |
| TVS Srichakra | 2,708.00 | 20.8 | 0.77% | 3,700.00 | 1,470.00 | 27.37% | 82.8% |
| Krypton Industries | 19.26 | -0.45 | -2.28% | 29.45 | 17.10 | 33.07% | 15.26% |
| JK Tyre & Industries | 162.10 | -4.05 | -2.44% | 213.50 | 96.40 | 22.18% | 72.35% |
| Innovative Ideals | 3.00 | 0.08 | 2.74% | 12.85 | 2.39 | 77.28% | 22.18% |
| Dolfin RubbersBS | 127.20 | 3.85 | 3.12% | 167.05 | 70.65 | 26.16% | 74.59% |
Source – Dhan.co
Understand The History of the Company:-
Birla Tires Limited is one of the leading tire manufacturers in India. The company was established in 1991. The company’s headquarter is located in Kolkata, West Bengal.
The company is part of Kesoram Industries Limited. The company’s initial business focus was on manufacturing tires for vehicles such as trucks and buses.
Subsequently, in 1995, the company established its first manufacturing facilities at Balasore, Odisha with a capacity of approximately 2,50,000 tires per annum, expanding its product portfolio from Birla Tyre,
And also started manufacturing radial tires for commercial vehicles, along with this the company also increased its expansion in the passenger car tire segment and started manufacturing tires for two wheelers and three wheelers.
Later in 2010, the company established a new manufacturing facility in Haridwar, Uttarakhand through which the company developed new products and technologies.
Along with this, the company has also established a research and development center in Pune, Maharashtra. The company has been continuously investing in improving its manufacturing facilities and increasing production capacity.
Along with these the company has a wide distribution network and brand presence. The company has a wide network of dealers and distributors across India.
Which provide great support for the marketing of the company. Birla Tire is focused to strengthen its distribution network and positioning while expanding its capacity.
The company works to improve its Birla Tires and broaden its product portfolio to ensure high quality and cost-effectiveness.
Due to which the company is continuously moving forward, due to which the company’s products are exported to more than 20 countries at the international level.
Birla Tires exports to more than 20 countries including Bangladesh, Sri Lanka and Vietnam as well as Africa, Asia, Middle East and South America. Birla Tire exports around 15% to Bangladesh, Vietnam and Middle East markets.
Where to head finally The company has become one of the leading tire manufacturers in India with a wide range of products and a strong distribution network.
With which the company is striving to provide services according to the needs of the people, focusing on innovation and expansion.
Balance Sheet Analysis Of Birla Tyres
| BALANCE SHEET OF BIRLA TYRES (in Rs. Cr.) | MAR 22 | MAR 21 | MAR 20 | MAR 19 | |
| 12 mths | 12 mths | 12 mths | 12 mths | ||
| EQUITIES AND LIABILITIES | |||||
| SHAREHOLDER’S FUNDS | |||||
| Equity Share Capital | 142.59 | 142.59 | 142.59 | 0.01 | |
| TOTAL SHARE CAPITAL | 142.59 | 142.59 | 142.59 | 0.01 | |
| Reserves and Surplus | -1,363.96 | -709.44 | -425.65 | -0.01 | |
| TOTAL RESERVES AND SURPLUS | -1,363.96 | -709.44 | -425.65 | -0.01 | |
| TOTAL SHAREHOLDERS FUNDS | -1,221.37 | -566.85 | -283.06 | 0.00 | |
| NON-CURRENT LIABILITIES | |||||
| Long Term Borrowings | 0.00 | 0.00 | 619.55 | 0.00 | |
| Deferred Tax Liabilities [Net] | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Long Term Liabilities | 13.24 | 15.35 | 156.86 | 0.00 | |
| Long Term Provisions | 5.11 | 9.09 | 16.14 | 0.00 | |
| TOTAL NON-CURRENT LIABILITIES | 18.35 | 24.44 | 792.55 | 0.00 | |
| CURRENT LIABILITIES | |||||
| Short Term Borrowings | 1,138.11 | 983.01 | 235.98 | 0.00 | |
| Trade Payables | 263.56 | 270.70 | 273.06 | 0.00 | |
| Other Current Liabilities | 760.17 | 731.30 | 546.22 | 0.01 | |
| Short Term Provisions | 48.86 | 54.71 | 63.65 | 0.00 | |
| TOTAL CURRENT LIABILITIES | 2,210.70 | 2,039.72 | 1,118.91 | 0.01 | |
| TOTAL CAPITAL AND LIABILITIES | 1,007.68 | 1,497.31 | 1,628.40 | 0.01 | |
| ASSETS | |||||
| NON-CURRENT ASSETS | |||||
| Tangible Assets | 447.34 | 477.02 | 516.92 | 0.00 | |
| Intangible Assets | 0.00 | 0.00 | 0.03 | 0.00 | |
| Capital Work-In-Progress | 339.72 | 775.24 | 775.44 | 0.00 | |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | |
| FIXED ASSETS | 787.06 | 1,252.26 | 1,292.39 | 0.00 | |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | |
| Deferred Tax Assets [Net] | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long Term Loans And Advances | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Non-Current Assets | 69.21 | 70.67 | 71.52 | 0.00 | |
| TOTAL NON-CURRENT ASSETS | 856.27 | 1,322.93 | 1,363.91 | 0.00 | |
| CURRENT ASSETS | |||||
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | |
| Inventories | 28.30 | 41.60 | 76.82 | 0.00 | |
| Trade Receivables | 103.36 | 106.26 | 115.45 | 0.00 | |
| Cash And Cash Equivalents | 1.13 | 2.95 | 19.85 | 0.01 | |
| Short Term Loans And Advances | 0.12 | 0.39 | 0.25 | 0.00 | |
| OtherCurrentAssets | 18.50 | 23.18 | 52.12 | 0.00 | |
| TOTAL CURRENT ASSETS | 151.41 | 174.38 | 264.49 | 0.01 | |
| TOTAL ASSETS | 1,007.68 | 1,497.31 | 1,628.40 | 0.01 | |
| OTHER ADDITIONAL INFORMATION | |||||
| CONTINGENT LIABILITIES, COMMITMENTS | |||||
| Contingent Liabilities | 359.17 | 311.30 | 276.96 | 0.00 | |
| CIF VALUE OF IMPORTS | |||||
| Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | |
| Stores, Spares And Loose Tools | 0.00 | 0.00 | 0.00 | 0.00 | |
| Trade/Other Goods | 0.00 | 0.00 | 0.00 | 0.00 | |
| Capital Goods | 0.00 | 0.00 | 0.00 | 0.00 | |
| EXPENDITURE IN FOREIGN EXCHANGE | |||||
| Expenditure In Foreign Currency | 0.25 | 0.80 | 36.02 | 0.00 | |
| REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS | |||||
| Dividend Remittance In Foreign Currency | — | — | — | — | |
| EARNINGS IN FOREIGN EXCHANGE | |||||
| FOB Value Of Goods | — | — | — | — | |
| Other Earnings | — | 45.12 | 56.22 | — | |
| BONUS DETAILS | |||||
| Bonus Equity Share Capital | — | — | — | — | |
| NON-CURRENT INVESTMENTS | |||||
| Non-Current Investments Quoted Market Value | — | — | — | — | |
| Non-Current Investments Unquoted Book Value | — | — | — | — | |
| CURRENT INVESTMENTS | |||||
| Current Investments Quoted Market Value | — | — | — | — | |
| Current Investments Unquoted Book Value | — | — | — | — |
Source – MoneyControl
ANNUAL REPORTS OF BIRLA TYRES
birla-tyres-limited-annual-report-2021-22Download
Birla Tyers Ltd Share Price Today’s Live Chart(Click On Chart For Current Live Share)
Cash Flow Statement Analysis Of Birla Tyres Ltd.
| CASH FLOW OF BIRLA TYRES (in Rs. Cr.) | MAR 22 | MAR 21 | MAR 20 | MAR 19 | |
| 12 mths | 12 mths | 12 mths | 12 mths | ||
| NET PROFIT/LOSS BEFORE EXTRAORDINARY ITEMS AND TAX | -655.67 | -287.63 | -286.67 | -0.01 | |
| Net CashFlow From Operating Activities | -14.75 | -26.65 | 215.41 | 0.00 | |
| Net Cash Used In Investing Activities | 0.98 | 15.52 | 12.86 | 0.00 | |
| Net Cash Used From Financing Activities | 19.19 | 29.94 | -135.49 | 0.01 | |
| Foreign Exchange Gains / Losses | 0.00 | 0.00 | 0.00 | 0.00 | |
| Adjustments On Amalgamation Merger Demerger Others | 0.00 | 0.00 | 0.00 | 0.00 | |
| NET INC/DEC IN CASH AND CASH EQUIVALENTS | 5.42 | 18.81 | 92.78 | 0.01 | |
| Cash And Cash Equivalents Begin of Year | -185.29 | -186.29 | -417.55 | 0.00 | |
| Cash And Cash Equivalents End Of Year | -179.87 | -167.48 | -324.77 | 0.01 |
Source – Money Control
Profit & Loss Of Birla Tyres Ltd.
| PROFIT & LOSS ACCOUNT OF BIRLA TYRES (in Rs. Cr.) | MAR 22 | MAR 21 | MAR 20 | MAR 19 | |
| 12 mths | 12 mths | 12 mths | 12 mths | ||
| INCOME | |||||
| REVENUE FROM OPERATIONS [GROSS] | 5.42 | 137.36 | 470.19 | 0.00 | |
| Less: Excise/Sevice Tax/Other Levies | 0.00 | 0.00 | 0.00 | 0.00 | |
| REVENUE FROM OPERATIONS [NET] | 5.42 | 137.36 | 470.19 | 0.00 | |
| TOTAL OPERATING REVENUES | 5.42 | 137.36 | 471.70 | 0.00 | |
| Other Income | 17.03 | 15.74 | 66.76 | 0.00 | |
| TOTAL REVENUE | 22.44 | 153.10 | 538.46 | 0.00 | |
| EXPENSES | |||||
| Cost Of Materials Consumed | 0.00 | 68.21 | 253.78 | 0.00 | |
| Purchase Of Stock-In Trade | 0.00 | 2.89 | 25.46 | 0.00 | |
| Operating And Direct Expenses | 0.00 | 0.00 | 0.00 | 0.00 | |
| Changes In Inventories Of FG,WIP And Stock-In Trade | 10.97 | 19.62 | 38.50 | 0.00 | |
| Employee Benefit Expenses | 12.33 | 88.51 | 121.50 | 0.00 | |
| Finance Costs | 176.15 | 162.36 | 151.74 | 0.00 | |
| Depreciation And Amortisation Expenses | 29.61 | 33.29 | 38.06 | 0.00 | |
| Other Expenses | 13.54 | 65.85 | 196.09 | 0.01 | |
| TOTAL EXPENSES | 242.60 | 440.73 | 825.13 | 0.01 | |
| PROFIT/LOSS BEFORE EXCEPTIONAL, EXTRAORDINARY ITEMS AND TAX | -220.15 | -287.63 | -286.67 | -0.01 | |
| Exceptional Items | -435.52 | 0.00 | 0.00 | 0.00 | |
| PROFIT/LOSS BEFORE TAX | -655.67 | -287.63 | -286.67 | -0.01 | |
| TAX EXPENSES-CONTINUED OPERATIONS | |||||
| Current Tax | 0.00 | 0.00 | 0.00 | 0.00 | |
| Less: MAT Credit Entitlement | 0.00 | 0.00 | 0.00 | 0.00 | |
| Deferred Tax | 0.00 | 0.00 | 0.00 | 0.00 | |
| Tax For Earlier Years | 0.00 | 0.00 | 0.00 | 0.00 | |
| TOTAL TAX EXPENSES | 0.00 | 0.00 | 0.00 | 0.00 | |
| PROFIT/LOSS AFTER TAX AND BEFORE EXTRAORDINARY ITEMS | -655.67 | -287.63 | -286.67 | -0.01 | |
| PROFIT/LOSS FROM CONTINUING OPERATIONS | -655.67 | -287.63 | -286.67 | -0.01 | |
| PROFIT/LOSS FOR THE PERIOD | -655.67 | -287.63 | -286.67 | -0.01 | |
| OTHER ADDITIONAL INFORMATION | |||||
| EARNINGS PER SHARE | |||||
| Basic EPS (Rs.) | -45.98 | -20.17 | -20.11 | -11.08 | |
| Diluted EPS (Rs.) | -45.98 | -20.17 | -20.11 | -11.08 | |
| VALUE OF IMPORTED AND INDIGENIOUS RAW MATERIALS STORES, SPARES AND LOOSE TOOLS | |||||
| Imported Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | |
| Indigenous Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | |
| STORES, SPARES AND LOOSE TOOLS | |||||
| Imported Stores And Spares | 0.00 | 0.00 | 0.00 | 0.00 | |
| Indigenous Stores And Spares | 0.00 | 0.00 | 0.00 | 0.00 | |
| DIVIDEND AND DIVIDEND PERCENTAGE | |||||
| Equity Share Dividend | 0.00 | 0.00 | 0.00 | 0.00 | |
| Tax On Dividend | 0.00 | 0.00 | 0.00 | 0.00 | |
| Equity Dividend Rate (%) | 0.00 | 0.00 | 0.00 | 0.00 |
Source- Money Control
Birla Tyres Share price target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030,2040
We here at financesharetargets. In here we are going to give you the stock predictions, price predictions and target predictions for the years 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030 and 2040.
Please note one thing that this forecast, prediction or any target is only a suggestion given by our analysis. The forecast/prediction which will be correct is almost impossible.
Errors always exist in any analysis, but we try our best to give you good price stock predictions/predictions.
Birla Tyres Share price target 2023
Since the listing of Birla Tire company, it has seen a decline since the lockdown in March 2020, where once this company was trading at around ₹ 45 per share, today it is trading at ₹ 4 per share.
Although this company is slowly moving forward after the decline and the company is continuously working for its expansion through innovation.
Due to which the company can be expected to earn more profit in the coming time, considering which according to our analysis, the first target for Birla Tayers Share price target 2023 can be at ₹8 and the second target at ₹30.
Birla Tyres Share price target 2024
Birla Tires company is a leading company in its Tires industry. The company has a large distribution network through which the company is committed to deliver its services on time.
The company’s tires are more preferred by the customers due to which it has become a branded company in India as well as internationally.
With which the company is constantly working to improve its products for its expansion, in such a situation, as the company develops in the coming times, better returns can be expected by increasing the share price of the company, due to which Birla Tayers Share price target By 2024, the first target can be at ₹ 40 and the second target at ₹ 70.
Birla Tyres Share price target 2025
According to the information found in the company’s website, the company has recently started its supply chain process which is able to ensure that
How to maintain minimum stock space in the company’s 103 depots and 13 regional distribution centers across the country, in this way the company is constantly working on new aspects for its expansion, making full efforts to increase its expansion. Due to which the company can get good profits in the coming time.
And with this, better returns can be obtained as the share price of the company increases, considering that according to our analysis, the first target for Birla Tire share price target 2025 can be achieved at ₹ 75 and the second target at ₹ 100.
Birla Tyres Share price target 2026
Recently the company has announced three new lovers premium stairs using its innovative till removed technology.
Through which the company has created a new range of tires which includes two new premium ranges for commercial vehicles, Platina and Kala Patthar, and a new range for motorcycle and scooter tyres.
In this way, the company is moving forward even after so many ups and downs, due to which the company can be expected to expand, considering that according to our analysis, the share price of the company can increase and the first target on Birla Tayers Share price target 2026 ₹ 105 and another target can be achieved at ₹ 125.
Birla Tyres Share price target 2027
The company makes every effort to make its tires of high quality mainly because the company dedicates itself to keeping the lives of people safe on the roads.
Therefore, the company manufactures high quality tough tires at reasonable prices, due to which the company has also supported road safety for commercial and two-wheelers for more than 25 years.
The company is striving to further improve its quality, due to which the demand for the company’s products by the customers will increase and the share price of the company will increase and better returns can be expected.
Given this, according to our analysis, the first target for Birla Tayers Share price target 2027 can be achieved at ₹ 130 and the second target at ₹ 150.
Birla Tyres Share Price Target 2028
The company has a strong distribution network due to which the company delivers its services to different countries all over the world due to which the company has become a strong brand in both domestic and international markets.
Birla Tires is known for its good work in supplying the export markets. Birla tires has also been awarded the Capixil Special Export Award for many years.
Along with this, it is recognized by the Government of India for good exports in relation to automobile tires and flaps, thus the company is known for exports.
From this, the company’s good distribution network can be understood and good distribution network means timely service to maximum customers, in which the company is far ahead.
And the way the company is continuously working for its expansion, Birla Tires Share Price Target 2028 with the increase in the profit margin of the company, the first target can be achieved at ₹ 155 and the second target at ₹ 175.
Birla Tyres Share Price Target 2029
Birla Tire produces a wide range of tyres. It keeps a range of different types of tires in its portfolio and in this portfolio the company makes every effort to provide high quality to each tyre.
Due to which various customers like to join it, this is the reason that the company is slowly moving towards growth, in such a situation, with the development of high quality products of the company, the profit of the company increases and its share price increases and returns are made. can be expected.
Given this, according to our analysis, the first target for Birla Tires Share Price Target 2029 can be achieved at ₹ 180 and the second target at ₹ 205.
Birla Tyres Share Price Target 2030
Birla Tire operates over 170 sales depots with over 490 sales engineers and dealers at key locations to provide customer support, thus striving to provide complete convenience to the customers.
And constantly strives to meet the needs of the customers through innovation, thus the company is constantly striving to grow.
Due to which, with the growth of the company, the company’s share price can be expected to increase and better returns in the coming time, considering that according to our analysis, the first target for Birla Tires Share Price Target 2030 can be at ₹ 210 and the second target at ₹ 230.
Birla Tyres Share Price Target 2040
Birla Tires strives to be completely customer centric. It manufactures tires as per the requirement of the customers through innovation and using state-of-the-art equipment,
And in the meantime, it takes full care of the safety and high quality of the citizens, as well as it is also aware of the environment and society.
In this way, the company is working to improve itself in every field, with this the company is trying to grow.
Due to which, with the development of the company, the company’s share price can be expected to increase and better returns can be expected, due to which the first target for Birla Tires Share Price Target 2040 can be at ₹ 400 and the second target at 450 in the near future.
Financial Results :-
About Investing In Company –
Birla Tires Ltd. or a statute of the company before investing in the shares of any other company,
Investigating Industry Trends and Analyzing Any Investment Requires Thorough Research and Thinking.
We tell you some point points which you can read and ensure your investment: –
1. To evaluate the company’s financial performance, growth potential and industry trends.
2. To assess the management teams of the company and its track record.
3. Evaluation of the company’s competitive position, its financial strengths, weaknesses, executives and future prospects.
4. View the company’s valuation and financial metric marriage that came less than the company’s value.
5. If you want to reduce the risk of investment, then you can also go towards different companies and by looking at them, you can ensure investment.
How To Buy Share :-
Birla Tires Ltd. Or to buy shares of any other company you need to follow these steps:
Open a Demat Account: A Demat account is a type of account where your purchased shares are stored electronically. You can open a Demat account with a bank, financial institution or brokerage firm.
Fund your account: After opening a demat account, you need to deposit money into it to buy shares. You can transfer money to your demat account through net banking or by visiting your bank branch.
Choose a Broker: To buy shares, you need to choose a broker who can execute your trades. You can select a broker based on their reputation, commission fees and other services they provide.
Placing Orders: After selecting a broker, you can place an order to buy shares of Shilpa Medicare Limited through their online trading platform or by calling their customer care.
Monitor your investments: After buying shares, it is important to monitor your investments regularly to stay updated with the company’s performance and market trends.
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Our suggestion:-
Birla Tires Ltd. Strives to promote all its products at domestic and international level.
Due to which the expansion of this company can be estimated in the near future, due to which its shares can be expected to increase, so if you are an experienced investor.
So you can decide yourself whether you should invest in this company or not and if you are an investor.
So you must take information related to investment from the company and you can also visit the company’s website to get its basic information and also you must take advice from your financial advisor.
According to us, this company is being invested by the investors, who are getting proper benefits from this company.
Conclusion:-
In the end, we would like to tell you that Birla Tires Ltd. is an Indian company.
According to us, this company will continue to grow its industry well in the future as well. Like every company, this is also a company which has its own risks and challenges.
You should decide to invest only after seeing them and thinking for yourself, so that you can get the best profit. This company takes decisions keeping in mind both good diligence and caution for its customers.
Is company a good stock to buy ?
I may provide information regarding the company’s financials, operations and other relevant factors that may help investors make informed decisions.
Ultimately, it is important to do your own research, assess your risk tolerance and investment goals, and consult a financial advisor before making any investment decisions.
FAQ :-
What is the meaning of the term Birla Tyres?
Birla Tyres, a leading tire manufacturer in India, offers a wide selection of tires designed for a variety of uses, including two-wheelers, cars for personal use, commercial transport and agricultural vehicles.
Can you provide the year of establishment of Birla Tyres?
A: Birla Tires brand was started in 1991 in association with Kesoram Industries Limited and Birla Group.
Where is Birla Tires manufactured?
Birla Tires operates two production facilities in India, located at Balasore, Odisha and Laksar, Uttarakhand.
What types of tires are manufactured by Birla Tyres?
Birla Tire manufactures a wide selection of tires which include two-wheeler, passenger vehicle, commercial vehicle, agricultural and off-road variations.
What type of warranty does Birla Tires provide?
Birla Tires offers a guarantee of up to 5 years for its passenger car and two-wheeler rubber and up to 2 years for its commercial and agricultural tyres. The warranty will provide coverage if any manufacturing defects are found in the tyres.
Where can I buy Birla brand tyres?
Birla Tires can be availed through a wide web of dealerships and distributors located across India. Birla Tires can also be availed online from various e-commerce platforms.
What are the options available to contact the Birla Tires customer care team?
A possible explanatory version could be: “To seek assistance from Birla Tyres, you have the option to contact their customer service team using their hotline, sending an email, or accessing their website and filling out a form ” The Birla Tires website provides information on how to contact them.
Which cost bracket does Birla Tires fall under?
The cost of Birla Tires is subject to variability depending on the specific category and dimensions of the particular tyre. Compared to other top tire brands in India, Birla Tires prices are generally quite competitive.
What is the standard of Birla Tyres?
Birla Tires has built a reputation for its dependability and superior performance. The organization uses state-of-the-art manufacturing techniques and technology to guarantee that their tires meet or exceed global safety, endurance and performance norms.
Is Birla Tires engaged in exporting its goods to international destinations outside the borders of India?
A: Sure, Birla Tires distributes its goods to over 70 countries globally, encompassing the United States, Europe, Africa and the Middle East.
What is the company’s level of commitment to the practice of sustainability?
A: Birla Tires is completely dedicated towards sustainability and taking responsibility for the environment. The company has taken several initiatives to reduce its ecological impact, such as investing in sustainable power sources, conserving water and reducing waste.
Are there any special deals or offers available from Birla Tyres?
A: Certainly, Birla Tires offers various discounts and promotional offers at different times throughout the year. To know more about the latest offers and discounts, one can visit the company’s webpage or contact a dealer.
What action should I take if I encounter a problem with my Birla tyres?
If you experience any difficulties with your Birla Tyres, it is recommended to get in touch with the customer service team immediately. You can take their help to resolve any warranty claims or other concerns.
Is it possible for me to get my Birla Tires repaired in case of a breakdown?
A: If your Birla Tires is damaged, it is indeed possible to get them repaired. To guarantee the safety and soundness of the tyre, it is important to entrust tire repair to a competent specialist.
What is the recommended frequency to replace my Birla tyres?
The life of Birla Tires can be affected by a number of elements, including usage patterns, driving environment and maintenance methods. It is general advice to replace tires every 3 to 5 years or when the tread depth has reduced to 1.6 mm.
What is the method of determining the tire pressure of Birla Tyres?
A possible explanatory version could be: To determine the air pressure of your Birla tyres, you can use a tire pressure gauge. The manufacturer’s recommended tire pressure can be obtained either from the vehicle’s user manual or from a decal located on the driver’s side door sill.
Which tire rotation pattern is suitable for Birla Tyres?
Smart Tip: The appropriate method of rotating Birla tires varies depending on the vehicle type and tire dimensions. The prescribed cycle of rotation can be obtained either from the manual that comes with the product or by contacting any Birla Tires dealer.
What differentiates tubeless Birla tires from tubeless tyres?
Answer: Birla tires which are tubeless do not require an inner tube as the air is sealed between the rim and the tyre. Birla Tube-Type
Is there any provision of roadside assistance services by Birla Tyres?
A: Certainly, Birla Tires provides roadside assistance facilities through its dealership and service center network. The provision of the Services is subject to change depending on the Site and its accessibility.
What is the highest speed Birla tires can be rated for?
The highest achievable speed range of Birla Tires depends on the model and dimensions of the tire concerned. The maximum safe speed at which a tire can operate is indicated by the speed rating found on the tire sidewall.
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