Avsar.

Consumer Discretionary · Tyres & Rubber Products

Balkrishna Industries Ltd (BALKRISIND)

₹2,072.60

Mkt cap
₹40,067 Cr
P/E ratio
28.50
P/B
3.66
Div yield
0.77%
ROE
9.66%
ROCE
11.20%
EPS (TTM)
₹72.72
Book value
₹567
52W range
1,965–2,775
Sector
Consumer Discretionary

Price history

Previous close

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 502355
Health check
Cautious
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsBearish
52-week range
−25.31% from high
₹2,073
₹1,965+5.49% from low₹2,775
Current
₹2,072.60
Prev close
₹2,099.30
Day
−1.27%
Price performance
1D
−1.30%
1W
−1.79%
1M
−2.55%
3M
−10.18%
6M
−5.81%
1Y
−11.77%
YTD
−12.50%

Financials

Revenue, profit & margin
P/E ratio
28.5×
BALKRISIND is 22% above the sector median of 23.4×
BALKRISIND28.5×
Sector median23.4×
 Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Trend
Sales2,1592,2532,2742,6822,7142,4202,5602,7522,7602,3932,7372,9333,455
Expenses1,6581,7201,7342,0012,0511,8401,9602,1392,2541,8822,0942,2932,711
Operating Profit501533541681664580601614506511643640744
OPM %23%24%24%25%24%24%23%22%18%21%24%22%22%
Other Income1061076617116290187991077177-4100
Interest22243631224116503133343637
Depreciation155160161174163166173178188193195199206
Profit before tax430456409647640463600485394357491401601
Tax %23%24%25%25%23%25%25%24%27%24%22%25%25%
Net Profit332347305487490347449369288273382299451
EPS in Rs17.1717.9715.8025.1825.3517.9523.2519.0614.9114.1319.7715.4923.32
Raw PDF

Earnings

Results dates & reactions
Next results
4 Nov '26scheduled

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

Avg earnings-day move +0.34% · closed higher next day 33 of last 64
 Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26†Q4FY26Q1FY27
Broadcast21 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◦29 Jul '26◦
Earnings day+1.03%−6.91%+5.00%−7.01%+0.70%−3.30%−6.32%+0.26%+0.75%−2.47%−3.56%+10.82%
+1 day+2.05%−7.58%+14.57%−9.09%−0.24%+2.03%−6.83%+1.85%+3.71%−2.98%−6.71%+18.82%
+5 days+0.51%−9.66%+16.42%−7.11%−3.95%+3.83%−7.90%−3.98%+2.71%+14.41%−6.43%+18.45%
+15 days+3.70%−13.81%+21.99%−4.34%−6.38%−1.03%−7.59%−9.69%+1.10%+5.52%−4.96%+14.23%
+30 days+3.14%−17.24%+17.46%+2.00%−3.24%−3.63%−2.16%−11.26%+4.27%−8.39%−1.69%+5.35%
FilingXBRLXBRLXBRLXBRLXBRLXBRLPDFPDFPDFXBRLXBRLXBRL

Corporate actions

Last 6 months
KindValueEx-dateRecord
dividend
Dividend - Rs 4 Per Share
4.0017 Jul '2617 Jul '26

Results analysis

Shareholding

as of Sep 2026
58.30%Promoter
Promoters58.30%
FIIs9.06%1.27
DIIs25.45%0.85
Public7.18%0.41
Government0.00%
Ownership trend

Peers

7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
MRF₹1,16,775.0020.0949,5260.20%495−1.29%8,416+9.64%15.73%
Balkrishna Inds₹2,072.6028.5140,0670.77%451+56.35%3,455+25.19%11.18%
Apollo Tyres₹379.4511.3024,0991.58%349+0.09%7,398+12.76%13.86%
CEAT₹3,087.2021.8512,4881.13%112−34.95%4,762+26.21%19.15%
JK Tyre & Indust₹301.8015.548,7011.33%65−68.58%4,841+20.68%15.51%
TVS Srichakra₹4,097.4030.643,1390.92%34+2,114.65%1,068+30.29%7.85%
Goodyear India₹663.3024.911,5304.00%7−97.24%774+18.00%17.40%
Median: 14 Co.₹243.1223.381,0310.84%6−1.29%497+20.68%13.43%

Filings

Annual reports15
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022Annual Report 2021Annual Report 2020Annual Report 2019Annual Report 2018Annual Report 2017Annual Report 2016Annual Report 2015Annual Report 2014Annual Report 2013Annual Report 2013
Concall transcripts64
RECOct 2026TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025TranscriptMay 2025PPTMay 2025TranscriptJan 2025PPTJan 2025TranscriptOct 2024PPTOct 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024
Credit ratings6
Rating update 25 AugicraRating update 13 AugcrisilRating update 5 MarcareRating update 27 FebcrisilRating update 28 Oct 2025crisilRating update 28 Aug 2025crisil
Announcements5
Board Meeting Intimation for (I) Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Half Year Ended 30Th September, 2026; (Ii) Declaration Of 2Nd Interim Dividend On Equity Shares For The Financial Year 2026-27, If Any. 30 Oct - Board meets 4 Nov 2026 for Q2/H1 results and possible 2nd interim dividend; record date 11 Nov 2026.Transcript Of Business Update Call Conducted On Thursday, 22Nd October, 2026 27 Oct - Please find attached herewith transcript of business update call conducted on Thursday, 22nd October 2026.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 22 Oct - Audio recording of the 22 October 2026 business update call is now available on the company website.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 22 Oct - Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 we are enclosing herewith certificates received from M/s. KFin Technologies Limited, the Registrar …Announcement under Regulation 30 (LODR)-Press Release / Media Release 22 Oct - BKT and Pirelli sign agreement to produce 800,000 premium car tyres by 2030, with possible 50-50 JV.