This article is going to mainly focus on Birla Tyres Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 to 2050. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.
About Birla Tyres
Birla Tyres is an Indian company which was formed in 1991, which manufactures and distributes tyres for two wheelers, four wheelers, tractors and commercial vehicles. Birla Tyres is operating in 17 countries across the world.
Birla Tyres was established in 1991 as Kesoram Industry Limited, after which it collaborated with tyre manufacturer Pirelli for tyre manufacturing and development.
Birla Tyres Fundamental
Birla Tyre is a very small market cap company. Its fundamental is non-performing. The company has been incurring losses continuously for the last 5 years. The company’s revenue has also been continuously decreasing. The EPS, PE ratio of the company is negative. The company is in a very weak position.
| Description | Values |
|---|---|
| Company Name | Birla Tyres Ltd |
| Sector | Tyres and Rubber |
| Established | 1991 |
| Website | Birlatyre.com |
| Listing At | NSE, BSE |
| NSE Code | BIRLATYRE |
| BSE Code | 542932 |
| Mkt Cap | ₹77 Cr |
| Reserves and Surplus | – 1400.92Cr |
| ROE | 2.95% |
| ROCE | 18.67% |
| 52 Week High | ₹6.01 |
| 52 Week Low | ₹3.78 |
| P/E Ratio (TTM) | -2.09 |
| P/B Ratio | 0.0 |
| Face Value | 10 |
| Book Value Per Share | -88.25 |
| EPS (TTM) | -2.60 |
| Dividend Yield | 0.0% |
| Debt to Equity | -0.92 |
| Total Revenue | 7.05Cr |
| Revenue Growth | -68.58% |
| Net Profit (Anual) | -37.07Cr |
| Profit Growth | -94.34% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2023 | 11.58% |
| 2022 | -80.57% |
| 2021 | -18.36% |
Birla Tyres Share Price Target 2024
Birla Tyres is showing current sentiment Buy. According to experts, Birla Tyres price target for 2024 will trade between Rs 4.42 to 5.23.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹4.42 | ₹5.23 |
Birla Tyres Share Price Target 2025
Its target price range in 2025 is going to be Rs4.92 to Rs6.87.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹4.92 | ₹6.87 |
Birla Tyres Share Price Target 2026
According to market experts, the minimum target price of the Birla Tyres for 2026 is going to be RS5.02 and the maximum target price is RS6.98.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹5.02 | ₹6.98 |
Also Read: Strong growth, Jio Finance shares will make you a millionaire.
Birla Tyres Share Price Target 2028
According to market experts, the minimum target price of the Birla Tyres for 2028 is going to be Rs5.66 and the maximum target price is Rs 7.20.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹5.66 | ₹7.20 |
Birla Tyres Share Price Target 2030
According to market experts, the minimum target price of the Birla Tyres for 2030 is going to be Rs 7.33 and the maximum target price is Rs10.83.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹7.33 | ₹10.83 |
Birla Tyres Share Price Target 2040
According to the past trend of the company, the minimum price target of Birla Tyres in 2040 is expected to be Rs22.55 to Rs35.96.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹22.55 | ₹35.96 |
Birla Tyres Share Price Target 2050
According to the past trend of the company, the minimum price target of Birla Tyres in 2050 is expected to be Rs42 to Rs79.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹42 | ₹79 |
Sentiment
The current action on Birla Tyre is Strong Buy. Because 9 out of 12 moving averages are indicating buy and 8 out of 10 technical indicators are indicating buy.
Analyst Rating
Here are the ratings given to Birla Tyres by 11 analysts at Investing.com.
| Action | Rating |
|---|---|
| Buy | 72% |
| Hold | 10% |
| Sell | 18% |
Birla Tyres Share Price History
Since Birla Tyres was listed on BSE in March 2020, it has been able to touch the maximum price value of Rs 6 till date. Since its listing, the company has so far been able to give positive returns in 2020 and 2023.
Birla Tyres Quarterly Report
| Description | Mar23 | Dec22 | Sep22 | Jun22 |
|---|---|---|---|---|
| Sales + | ₹6.59Cr. | ₹0.0Cr. | ₹.06Cr. | ₹0.41Cr. |
| Expenses + | ₹1.78Cr. | ₹4.89Cr. | ₹7.14Cr. | ₹30.31Cr. |
| EBITDA | ₹7.59Cr. | ₹0.36Cr. | ₹-2.94Cr. | ₹-5.96Cr. |
| EBIT | ₹4.81Cr. | ₹-4.89Cr. | ₹-7.08Cr. | ₹-12.32Cr. |
| Net Profit | ₹4.80Cr. | ₹-4.89Cr. | ₹-7.08Cr. | ₹-29.90Cr. |
| Operating Profit Margin | 128.64% | 0.0% | 0.0% | -2985% |
| Net Profit Margin | 81.36% | 0.0% | 0.00% | -14950% |
| Earning Per Share | ₹-0.34 | ₹-0.35 | ₹-0.49 | ₹-2.10 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Birla Tyres Income Report
| Description | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
|---|---|---|---|---|---|
| Total Revenue | ₹7.05Cr | ₹22.44Cr | ₹153.10Cr | ₹538.46Cr | ₹0.0Cr |
| Total Expenses | ₹44.12Cr | ₹242.60Cr | ₹440.73Cr | ₹825.13Cr | ₹0.01Cr |
| Profit/Loss Before Tax | ₹-37.07Cr | ₹Cr-655.67 | ₹-287.63Cr | ₹-286.67Cr | ₹-0.01Cr |
Risks
- The company’s earnings per share are -2.60.
- The company has a debt of Rs 1400 crore. And this borrowing is 20 times its revenue.
- The company’s revenue has been falling every year.
- The company has not been able to generate any profit for the last 5 years.
- Big giants have monopoly in this sector. Which is difficult to break.
- The ROE of the company is very low at 2.95%.
- MACD of Birla Tyres is below the signal and center line indicating strong bearish momentum.
- Dividend Yield: The dividend yield is zero, making it less attractive to income-focused investors.
Birla Tyres Price Target 2024 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹4.42 | ₹5.23 |
| 2025 | ₹4.92 | ₹6.87 |
| 2026 | ₹5.02 | ₹6.98 |
| 2028 | ₹5.66 | ₹7.20 |
| 2030 | ₹7.33 | ₹10.83 |
| 2040 | ₹22.55 | ₹35.96 |
| 2050 | ₹42 | ₹79 |
Birla Tyres Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 33.06% |
| Other Domestic Institutions | 0.14% |
| Retail and Others | 66.78% |
| Foreign Institutions | 0.01% |
| Mutual funds | 0.01% |
| Total | 100.00% |
How to Buy Birla Tyres Shares?
Buying and selling of Birla Tyres shares can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- Groww
- Angel One
- Upstox
Birla Tyres Share Price Target: Export Opinion
Profitable Stocks
| Company Name | Mkt cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| JSW Energy | ₹119748.34Cr. | 143.4% | ₹286 | ₹752 |
| IIFL Securities Ltd | ₹5,834Cr. | 194.30% | ₹63.0 | ₹240 |
| NTPC | ₹382000.21Cr. | 95.23% | ₹200 | ₹395 |
| Prestige Estates Projects | ₹68.92 KCr | 207.18% | ₹543 | ₹2074.80 |
| Ashoka Buildcon Ltd | ₹7,310Cr. | 154.59% | ₹89.0 | ₹262 |
Conclusion
Birla Tyres is a very weak non-performing asset. The company’s continuous losses and its borrowings being more than its revenue indicate the company’s sinking. In our opinion investing in Birla Tyres is quite risky.
Disclaimer – Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
Q1. What is the price target of Birla Tyres in 2025?
Ans: 2025 Birla Tyres price target will trade between Rs4.92 to Rs6.87.
Q2. What is the price target of Birla Tyres in 2030?
Ans: 2030 Birla Tyres price target will trade between Rs7.33 to Rs10.83.
Q3. What is the price target of Birla Tyres in 2024?
Ans: 2024 Birla Tyres price target will trade between Rs4.42 to Rs5.23.
Q4. What is the price target of Birla Tyres in 2040?
Ans: 2040 Birla Tyres price target will trade between Rs22.55 to Rs35.96.
Q5. What is the price target of Birla Tyres in 2050?
Ans: 2050 Birla Tyres price target will trade between Rs42 to Rs79.