Balkrishna Industries

Balkrishna Industries

2,321.60
-19.20
(-0.82%)
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Key Fundamentals
Add Ratio
Market Cap
44,880.50 Cr
EPS
85.61
PE Ratio
32.51
Dividend Yield
0.69 %
Industry
Automobiles
52 Week High
2,928.00
52 Week Low
2,152.05
PB Ratio
4.32
Debt to Equity
0.33
Sector
Tyres
Analyst Rating and Forecast
- By Refinitiv from17 analysts
SELL
Analysts have suggested that investors can sell this stock
Buy
Buy+11.76 %
+11.76 %
Hold
Hold+41.18 %
+41.18 %
Sell
Sell+47.06 %
+47.06 %
Forecast For
Actual

Company News

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neutral
Balkrishna Industries reported Q2 volumes of 70,252 MT, declining 4% year-on-year, with standalone revenue at INR 2,360 crores including a realized forex loss of INR 68 crores on sales. The company faced severe impact from US import duties increasing to 50%, affecting approximately 10% of last year's sales volume, leading to halted shipments to US markets. EBITDA for the quarter stood at INR 500 crores with 21.5% margin, impacted by lower American sales, higher India sales, and inventory creation for EU Deforestation Regulation compliance. The company declared a second interim dividend of INR 4 per share and spent approximately INR 1,737 crores on capex in H1. Management expects full-year capex of INR 2,000-2,200 crores and maintains its long-term vision of achieving INR 23,000 crores revenue by 2030. BKT received excellence recognition from Caterpillar for the fourth consecutive year and inaugurated a vehicle testing facility at NATRAX. The company remains optimistic about trade agreement resolution between India and US while strengthening market positions in India and Europe.
positive
Balkrishna Industries will begin pilot production of TBR (Truck and Bus Radial) tires in Q4, with full commercial production planned for the second half of the next fiscal year. The company has decided against providing short-term guidance citing global volatility. Balkrishna Industries has set a long-term revenue target of Rs 5,000 crore by 2030, aiming to capture a 7-8% market share.
positive
Balkrishna Industries plans to expand its total achievable tire capacity to approximately 4.25 lakh MTPA through ongoing capital expenditure and debottlenecking initiatives. The company aims to maintain self-reliance in carbon black production to strengthen sourcing security. The expansion strategy includes diversification across agriculture, OTR, industrial, and mining segments. The company targets consolidating global market share while sustaining profitability through efficiency gains and cost optimization measures.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,58,765.00
#1 67,334.50
37.46
#1 28,561.30
12.07
#1 1,869
-12.35
56.41
2,321.60
#2 44,880.50
#5 32.51
#5 10,985.70
#5 11.89
#2 1,655
#7 -21.25
49.60
515.40
32,733.10
39.34
26,211.50
2.66
1,121
-95.73
60.03
4,026.00
16,285.20
32.98
13,235.40
10.63
471
52.84
60.37
458.50
12,563.80
23.19
14,772.20
-1.82
516
62.30
76.99
4,163.20
3,187.80
119.23
3,260.00
11.16
21
#1 93.94
65.69
980.00
2,261.00
54.45
2,625.60
2.22
55
-16.56
46.63
179.42
708.90
18.20
295.00
#1 28.99
39
4.49
50.85
120.47
301.70
#1 16.34
45.80
13.09
21
-27.94
43.82
122.75
239.10
22.90
202.60
17.79
10
-80.00
48.41

Automatic Screeners on ScanX

Growth Rate
Revenue Growth
11.89 %
Net Income Growth
12.47 %
Cash Flow Change
-15.27 %
ROE
-4.15 %
ROCE
-0.93 %
EBITDA Margin (Avg.)
-0.98 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
1,431
1,403
1,201
1,397
1,273
1,165
1,186
1,438
979
1,598
1,564
1,815
1,885
2,206
2,159
2,484
2,725
2,884
2,211
2,374
2,265
2,360
2,340
2,853
2,876
2,510
2,748
2,852
2,867
2,465
Expenses
995
990
892
1,034
931
811
810
988
702
1,038
1,030
1,203
1,292
1,534
1,589
1,871
2,175
2,231
1,896
1,837
1,658
1,721
1,734
2,001
2,051
1,840
1,960
2,139
2,254
1,882
EBITDA
436
413
308
363
342
354
377
450
277
560
534
612
593
671
570
612
550
653
314
537
607
640
606
852
825
670
788
713
613
582
Operating Profit %
26 %
25 %
26 %
24 %
22 %
25 %
30 %
28 %
26 %
34 %
32 %
31 %
28 %
26 %
22 %
21 %
17 %
16 %
12 %
21 %
23 %
24 %
24 %
25 %
24 %
24 %
23 %
22 %
18 %
21 %
Depreciation
84
83
83
82
85
92
96
101
102
104
105
106
107
111
118
120
129
137
149
156
155
160
161
174
163
166
173
178
188
193
Interest
4
3
2
2
2
2
2
2
3
4
2
3
3
2
2
3
3
5
14
26
22
24
36
31
22
41
16
50
31
33
Profit Before Tax
348
327
222
278
255
260
278
346
172
452
428
503
484
558
450
490
418
511
152
355
430
456
409
647
640
463
600
485
394
357
Tax
123
117
71
92
78
-35
55
82
41
111
103
123
154
167
111
116
111
129
43
95
98
108
104
160
150
116
150
117
106
84
Net Profit
225
210
151
186
177
294
224
265
132
341
325
380
331
391
339
375
307
382
108
260
332
347
305
487
490
347
450
369
288
273
EPS in ₹
11.65
10.88
7.81
9.62
9.15
15.22
11.58
13.69
6.81
17.64
16.82
19.65
17.10
20.23
17.53
19.39
15.88
19.72
5.61
13.44
17.17
17.97
15.80
25.18
25.35
17.95
23.25
19.06
14.91
14.13

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
5,318
5,391
5,789
5,878
6,479
6,806
8,167
10,979
12,348
13,685
15,635
Fixed Assets
2,415
2,854
2,849
2,850
2,786
3,308
3,370
4,019
5,384
6,318
6,941
Current Assets
2,071
1,608
1,746
2,017
2,471
1,921
2,479
3,894
3,928
4,644
5,571
Capital Work in Progress
634
231
110
118
600
587
856
1,258
1,392
944
986
Investments
387
241
1,349
1,103
1,083
1,063
1,418
1,897
2,037
2,686
3,264
Other Assets
1,882
2,064
1,482
1,808
2,010
1,850
2,523
3,805
3,535
3,737
4,443
Total Liabilities
5,318
5,391
5,789
5,878
6,479
6,806
8,167
10,979
12,348
13,685
15,635
Current Liabilities
1,493
1,528
1,647
1,442
1,455
1,558
1,902
3,236
3,349
3,660
4,227
Non Current Liabilities
1,549
1,074
599
353
371
240
265
810
1,442
1,170
1,020
Total Equity
2,276
2,788
3,543
4,083
4,654
5,008
6,000
6,933
7,557
8,854
10,388
Reserve & Surplus
2,257
2,769
3,524
4,045
4,615
4,970
5,961
6,894
7,518
8,815
10,349
Share Capital
19
19
19
39
39
39
39
39
39
39
39

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
419
-105
-306
4
20
1
8
-9
23
5
6
Investing Activities
-435
-552
-563
-92
-636
-678
-1,173
-1,897
-1,783
-1,475
-1,480
Operating Activities
984
1,072
847
750
820
1,173
1,339
908
1,448
2,082
1,764
Financing Activities
-130
-625
-589
-654
-165
-495
-158
980
359
-601
-279

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
58.30 %
58.30 %
58.30 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
58.29 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
12.24 %
12.61 %
11.72 %
11.28 %
11.46 %
10.50 %
10.70 %
DIIs
14.59 %
14.09 %
12.56 %
11.59 %
11.79 %
11.17 %
18.20 %
20.23 %
20.30 %
20.16 %
21.23 %
20.71 %
22.07 %
22.43 %
23.45 %
23.95 %
23.78 %
24.84 %
24.69 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
0.00 %
0.00 %
Public / Retail
7.28 %
6.64 %
7.05 %
7.41 %
7.56 %
7.53 %
8.17 %
7.42 %
7.23 %
6.53 %
6.33 %
6.09 %
6.03 %
5.38 %
5.24 %
5.17 %
5.09 %
5.20 %
5.15 %
Others
19.83 %
20.98 %
22.10 %
22.71 %
22.36 %
23.01 %
15.34 %
14.06 %
14.18 %
15.02 %
14.15 %
14.90 %
1.35 %
1.27 %
1.29 %
1.30 %
1.37 %
1.16 %
1.15 %
No of Share Holders
0
94,371
82,072
1,04,526
1,27,816
1,39,913
1,35,395
1,73,802
1,46,804
1,40,490
1,36,214
1,25,341
1,34,831
1,23,435
1,24,388
1,18,966
1,23,755
1,27,401
1,23,406

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 8 8 8 20 17 28 16 16 16
Dividend Yield (%) 0.00 0.75 0.8 1.01 1.18 0.8 1.43 0.69 0.63 0.69

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
23 Dec 2017 BONUS Bonus
1:1
21 Dec 2017 0.00 0.00
16 Feb 2021 DIVIDEND Dividend
₹ 5.00 /share
15 Feb 2021 1,798.60 1,650.20
21 Jun 2021 DIVIDEND Dividend
₹ 5.00 /share
18 Jun 2021 1,919.70 2,290.35
14 Aug 2021 DIVIDEND Dividend
₹ 4.00 /share
12 Aug 2021 2,497.25 2,292.10
19 Nov 2021 DIVIDEND Dividend
₹ 4.00 /share
17 Nov 2021 2,515.00 2,312.20
22 Feb 2022 DIVIDEND Dividend
₹ 4.00 /share
21 Feb 2022 2,179.05 1,943.45
22 Feb 2022 DIVIDEND Dividend
₹ 12.00 /share
21 Feb 2022 2,179.05 1,943.45
27 Jun 2022 DIVIDEND Dividend
₹ 4.00 /share
24 Jun 2022 1,909.40 2,132.00
07 Jul 2022 ANNUAL GENERAL MEETING Annual General Meeting
NA
07 Jul 2022 2,268.55 2,226.40
13 Aug 2022 DIVIDEND Dividend
₹ 4.00 /share
11 Aug 2022 2,389.00 2,182.80
22 Nov 2022 DIVIDEND Dividend
₹ 4.00 /share
21 Nov 2022 1,889.45 1,945.80
18 Feb 2023 DIVIDEND Dividend
₹ 4.00 /share
17 Feb 2023 2,308.25 2,023.35
11 Jul 2023 DIVIDEND Dividend
₹ 4.00 /share
11 Jul 2023 2,469.20 2,284.60
12 Aug 2023 DIVIDEND Dividend
₹ 4.00 /share
11 Aug 2023 2,480.15 2,351.30
31 Oct 2023 DIVIDEND Dividend
₹ 4.00 /share
31 Oct 2023 2,539.15 2,576.65
02 Feb 2024 DIVIDEND Dividend
₹ 4.00 /share
02 Feb 2024 2,621.20 2,436.00
06 Jul 2024 DIVIDEND Dividend
₹ 4.00 /share
05 Jul 2024 2,591.35 3,177.50
19 Jul 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
19 Jul 2024 3,184.65 3,169.90
20 Aug 2024 DIVIDEND Dividend
₹ 4.00 /share
20 Aug 2024 3,124.85 2,804.35
25 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
25 Oct 2024 2,998.65 2,939.90
02 Nov 2024 DIVIDEND Dividend
₹ 4.00 /share
31 Oct 2024 2,939.90 2,853.55
25 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
25 Jan 2025 2,724.45 2,652.15
30 Jan 2025 DIVIDEND Dividend
₹ 4.00 /share
30 Jan 2025 2,652.15 2,737.10
23 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
23 May 2025 2,698.80 2,650.45
12 Jul 2025 DIVIDEND Dividend
₹ 4.00 /share
11 Jul 2025 2,650.45 2,658.05
26 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
26 Jul 2025 2,739.35 2,685.85
26 Jul 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
26 Jul 2025 2,550.60 2,685.85
31 Jul 2025 DIVIDEND Dividend
₹ 4.00 /share
31 Jul 2025 2,685.85 2,759.10
31 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
31 Oct 2025 2,311.50 2,326.60
07 Nov 2025 DIVIDEND Dividend
₹ 4.00 /share
07 Nov 2025 2,326.60 2,340.80

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation3 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation3 days ago
Announcement under Regulation 30 (LODR)-Earnings Call Transcript3 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication7 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome7 days ago
Announcement under Regulation 30 (LODR)-Investor Presentation8 days ago
Corporate Action-Board approves Dividend8 days ago
Board Meeting Outcome for Outcome Of Board Meeting Held On Friday The 31St October 20258 days ago
Announcement under Regulation 30 (LODR)-Credit Rating10 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 27, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 25, 2025
Record Date Intimation For Payment Of 2Nd Interim Dividend For Financial Year 2025-26 If Declared Shall Be Paid To The Equity Shareholders On 7Th November 2025.Oct 24, 2025
Compliances-Reg. 50 (1) - Prior intimation about Board meeting under Regulation 50(1)Oct 23, 2025
Declaration Of 2Nd Interim Dividend On Equity Shares For The Financial Year 2025-26 If Any. Record Date Shall Be I.E. 6Th November 2025.Oct 23, 2025
Board Meeting Intimation for The Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Friday The 31St October 2025Oct 23, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 11, 2025
Closure of Trading WindowSep 26, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 08, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 23, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 22, 2025
Intimation For 100 Days Campaign - Saksham NiveshakAug 12, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 01, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 28, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportJul 26, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMJul 26, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJul 26, 2025
Corporate Action-Board approves DividendJul 26, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday The 26Th July 2025Jul 26, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 21, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 21, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 21, 2025
Compliances-Reg. 50 (1) - Prior intimation about Board meeting under Regulation 50(1)Jul 18, 2025
Corporate Action-Board to consider DividendJul 18, 2025
Board Meeting Intimation for Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Saturday The 26Th July 2025Jul 18, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 12, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 05, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 04, 2025
Corporate Action-Board to consider DividendJul 04, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 04, 2025
Reg. 34 (1) Annual Report.Jul 04, 2025
The 63Rd Annual General Meeting (AGM) Of The Members Of The Company Is Scheduled To Be Convened On Saturday The 26Th July 2025 Through Video Conferencing / Other Audio Visual MeansJul 04, 2025
Closure of Trading WindowJun 27, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 14, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 30, 2025
Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) In Respect Of Incorporation Of A Wholly Owned Subsidiary Company.May 29, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 29, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 28, 2025
Clarification On Volume Movement LetterMay 27, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
HDFC Mid Cap Fund Direct-Growth
0.00%
-13097471
-3.54%
-3.59%
Parag Parikh Flexi Cap Fund Direct-Growth
0.00%
-4189074
-0.80%
-0.83%
SBI Large & Midcap Fund Direct Plan-Growth
0.00%
-2526981
-1.70%
-1.74%
Kotak Flexicap Fund Direct-Growth
0.00%
-1700000
-0.72%
-0.73%
HDFC Large and Mid Cap Fund Direct- Growth
0.00%
-1124905
-0.96%
-0.94%
Nippon India Growth Mid Cap Fund Direct- Growth
0.00%
-1100000
-0.64%
-0.66%
ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth
0.00%
-1070074
-1.01%
-1.03%
ICICI Prudential Multi Asset Fund Direct-Growth
0.00%
-860311
-0.29%
-0.30%
Axis Midcap Direct Plan-Growth
0.00%
-772795
-0.57%
-0.57%
SBI Multicap Fund Direct - Growth
0.00%
-675114
-0.67%
-0.69%
HDFC Multi Cap Fund Direct - Growth
0.00%
-573508
-0.70%
-0.72%
SBI ELSS Tax Saver Fund Direct-Growth
0.00%
-571087
-0.43%
-0.44%
HDFC Manufacturing Fund Direct - Growth
0.00%
-525000
-1.04%
-1.04%
Franklin India Mid Cap Fund Direct-Growth
0.00%
-500000
-0.94%
-0.93%
SBI MNC Direct Plan-Growth
0.00%
-467036
-1.82%
-1.91%
SBI Automotive Opportunities Fund Direct - Growth
0.00%
-467036
-1.99%
-3.06%
ICICI Prudential Manufacturing Fund Direct - Growth
0.00%
-290920
-1.01%
-1.03%
Canara Robeco Mid Cap Fund Direct - Growth
0.00%
-256939
-1.67%
-1.49%
Tata Mid Cap Direct Plan-Growth
0.00%
-251842
-1.15%
-1.17%
Parag Parikh ELSS Tax Saver Fund Direct - Growth
0.00%
-247317
-1.01%
-1.02%
HDFC Value Fund Direct Plan-Growth
0.00%
-245576
-0.78%
-0.78%
Invesco India Contra Fund Direct-Growth
0.00%
-241724
-0.29%
-0.29%
Invesco India ELSS Tax Saver Fund Direct-Growth
0.00%
-218986
-1.80%
-1.18%
HDFC Transportation and Logistics Fund Direct - Growth
0.00%
-204412
-2.84%
-3.05%
Edelweiss Mid Cap Direct Plan-Growth
0.00%
-202831
-0.40%
-0.41%

Technical Indicators

RSI(14)
Neutral
49.60
ATR(14)
Less Volatile
61.25
STOCH(9,6)
Neutral
65.26
STOCH RSI(14)
Neutral
76.19
MACD(12,26)
Bullish
8.00
ADX(14)
Weak Trend
16.81
UO(9)
Bearish
59.05
ROC(12)
Uptrend And Accelerating
1.69
WillR(14)
Neutral
-25.99

About Balkrishna Industries

Balkrishna Industries Limited (BKT) is an India-based company headquartered in Mumbai that manufactures and sells Off-Highway Tyres (OHT) for specialist segments including Agricultural, Industrial, Construction, Earthmovers, Port, Mining, Forestry, Lawn & Garden, and All-Terrain Vehicles. The company operates five production sites in India and has subsidiaries in Europe and North America. BKT sells its products in 130 countries through a network of national distributors. The company has expanded its production capacity over the years, including the establishment of a Carbon Black project and the completion of a new plant in Waluj. BKT's product range covers various applications such as tractors, harvesters, forklifts, excavators, and dump trucks.
Chairperson NameArvind Poddar