Avsar.

Consumer Discretionary · Tyres & Rubber Products

Balkrishna Industries Ltd (BALKRISIND)

₹2,013.50

Mkt cap
₹38,924 Cr
P/E ratio
37.80
P/B
3.55
Div yield
0.79%
ROE
9.66%
ROCE
11.20%
EPS (TTM)
₹53.27
Book value
₹567
52W range
1,974–2,774
Sector
Consumer Discretionary

Balkrishna Industries Limited (BKT) started its Off-Highway tyre business in 1987. For over 30 years, BKT has successfully focused on specialist segments such as agricultural, construction and industrial as well as earthmoving, port and mining, ATV, and gardening applications. [1]

NSE BALKRISINDBSE 502355www.bkt-tires.com
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsBearish
52-week range
−27.42% from high
₹2,014
₹1,974+2.00% from low₹2,774
Current
₹2,013.50
Prev close
₹2,015.40
Day
−0.09%
Price performance
1D
−0.09%
1W
−2.03%
1M
−9.85%
3M
−9.52%
6M
−16.53%
1Y
−26.57%
YTD
−14.99%

Financials

F
Revenue, profit & margin
P/E ratio
37.8×
BALKRISIND is 57% above the sector median of 24.1×
BALKRISIND37.8×
Sector median24.1×
 Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Trend
Sales2,3172,1592,2532,2742,6822,7142,4202,5602,7522,7602,3932,7372,933
Expenses1,8371,6581,7201,7342,0012,0511,8401,9602,1392,2541,8822,0942,293
Operating Profit480501533541681664580601614506511643640
OPM %21%23%24%24%25%24%24%23%22%18%21%24%22%
Other Income571061076617116290187991077177-4
Interest26222436312241165031333436
Depreciation156155160161174163166173178188193195199
Profit before tax355430456409647640463600485394357491401
Tax %27%23%24%25%25%23%25%25%24%27%24%22%25%
Net Profit260332347305487490347449369288273382299
EPS in Rs13.4417.1717.9715.8025.1825.3517.9523.2519.0614.9114.1319.7715.49
Raw PDF

Earnings

EResults dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move +0.40% · closed higher next day 32 of last 64
 Q1FY24Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26†Q4FY26
Broadcast5 Aug '23◦21 Oct '23◦24 Jan '24◦17 May '24◦9 Aug '24◦25 Oct '24◦25 Jan '25◦24 May '25◦26 Jul '25◦31 Oct '25◦29 Jan '26◦8 May '26◦
Earnings day−4.52%+1.03%−6.91%+5.00%−7.01%+0.70%−3.30%−0.92%+0.26%+0.75%−2.47%−3.56%
+1 day−4.44%+2.05%−7.58%+14.57%−9.09%−0.24%+2.03%−1.10%+1.85%+3.71%−2.98%−6.71%
+5 days−4.62%+0.51%−9.66%+16.42%−7.11%−3.95%+3.83%+1.03%−3.98%+2.71%+14.41%−6.43%
+15 days−4.80%+3.70%−13.81%+21.99%−4.34%−6.38%−1.03%+9.48%−9.69%+1.10%+5.52%−4.96%
+30 days+2.73%+3.14%−17.24%+17.46%+2.00%−3.24%−3.63%+6.55%−11.26%+4.27%−8.39%−1.69%
FilingXBRLXBRLXBRLXBRLXBRLXBRLXBRLPDFPDFPDFXBRLXBRL

Corporate actions

CLast 6 months
KindValueEx-dateRecord
dividend
Dividend - Rs 4 Per Share
4.0017 Jul '2617 Jul '26
dividend
Interim Dividend - Rs 4 Per Share
4.002 Feb '262 Feb '26

Shareholding

Sas of Jun 2026
58.30%Promoter
Promoters58.30%
FIIs10.33%0.80
DIIs24.60%0.35
Public6.77%0.45
Government0.00%
Ownership trend

Peers

P7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
MRF₹1,30,755.0022.4155,4550.18%702+35.50%8,044+13.70%15.73%
Balkrishna Inds₹2,013.5037.7638,9240.79%299−18.75%2,933+6.56%11.18%
Apollo Tyres₹419.6512.9526,6521.43%631+254.71%7,336+14.20%13.86%
CEAT₹3,328.6021.1513,4641.05%4−96.69%4,318+22.36%19.15%
JK Tyre & Indust₹390.6012.7511,2611.02%178+111.55%4,223+12.37%15.51%
TVS Srichakra₹3,964.2043.473,0370.43%36+169.70%981+19.86%7.54%
Goodyear India₹822.8524.901,8983.22%10+350.92%616+2.25%17.40%
Median: 13 Co.₹390.6024.071,8980.79%9+35.50%616+13.04%13.86%

Filings

D
Annual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013nseFinancial Year 2013bse
Concall transcripts60
TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025TranscriptMay 2025PPTMay 2025TranscriptJan 2025PPTJan 2025TranscriptOct 2024PPTOct 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024TranscriptJan 2024PPTJan 2024TranscriptOct 2023
Credit ratings6
Rating update 5 MarcareRating update 27 FebcrisilRating update 28 Oct 2025crisilRating update 28 Aug 2025crisilRating update 23 May 2025careRating update 8 Jan 2025crisil
Announcements5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Jul - The certificates received from M/s. KFin Technologies Limited, the Registrar ....Newspaper Clippings- 'Annual General Meeting' Of The Members Of The Company, Record Date For Final Dividend And Other Related Information 8 Jul - 64th AGM on 29 July 2026; record date for final dividend set as 17 July 2026.Business Responsibility and Sustainability Reporting (BRSR) 6 Jul - Balkrishna Industries filed its FY2025-26 BRSR, outlining ESG initiatives, targets, workforce data, and assurance by Bureau Veritas.Annual Report Of The Company For The Financial Year 2025-26 Along With The Notice Convening 64Th Annual General Meeting ('Notice') To Be Held On Wednesday, The 29Th July, 2026 Through Video Conferencing / Other Audio Visual Means, 6 Jul - AGM on 29 July 2026; record date 17 July; final dividend Rs 4 per share, subject to approval.Reg. 34 (1) Annual Report. 6 Jul