Avsar.

Consumer Discretionary · Tyres & Rubber Products

Balkrishna Industries Ltd (BALKRISIND)

₹2,258.00

Mkt cap
₹44,214 Cr
P/E ratio
31.50
P/B
3.98
Div yield
0.70%
ROE
9.66%
ROCE
11.20%
EPS (TTM)
₹71.68
Book value
₹567
52W range
1,974–2,716
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
−16.87% from high
₹2,258
₹1,974+14.39% from low₹2,716
Current
₹2,258.00
Prev close
₹2,292.80
Day
−1.52%
Price performance
1D
−1.52%
1W
−3.16%
1M
−10.56%
3M
+8.39%
6M
−2.19%
1Y
−4.35%
YTD
−4.67%

Financials

Revenue, profit & margin
P/E ratio
31.5×
BALKRISIND is 29% above the sector median of 24.5×
BALKRISIND31.5×
Sector median24.5×
 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
No upcoming results date on calendar.

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

Avg earnings-day move +0.34% · 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%—
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 Jun 2026
58.30%Promoter
Promoters58.30%
FIIs10.33%0.80
DIIs24.60%0.35
Public6.77%0.45
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₹1,28,890.0022.1854,6640.18%495−1.29%8,416+9.64%15.73%
BALKRISIND₹2,287.1031.4644,2140.70%451+56.35%3,455+25.19%11.18%
APOLLOTYRE₹420.8012.5326,7251.43%349+0.09%7,398+12.76%13.86%
CEATLTD₹3,336.1021.2013,4951.05%4−96.69%4,318+22.36%19.15%
JKTYRE₹368.4514.7710,6221.09%44−76.60%3,946+2.00%15.51%
TVSSRICHAK₹5,305.0039.674,0640.71%34+2,114.65%1,068+30.29%7.85%
GOODYEAR₹730.8027.441,6863.63%7−97.24%774+18.00%17.40%
Median: 14 Co.₹271.7724.461,0960.70%6−1.29%497+18.00%13.43%

Filings

Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013nseAnnual Report 2013bse
Concall transcripts63
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025TranscriptMay 2025PPTMay 2025TranscriptJan 2025PPTJan 2025TranscriptOct 2024PPTOct 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 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
Announcement under Regulation 30 (LODR)-Allotment 3 Sep - Finance committee approved 550 crore private placement NCDs on 3 September 2026.Board Meeting Outcome for Outcome Of The Meeting Of Finance Committee Of The Board Of Balkrishna Industries Limited 3 Sep - Finance committee approved ₹550 crore private placement NCDs in three series, maturing 2028-2030.Announcement under Regulation 30 (LODR)-Credit Rating 25 Aug - ICRA assigned AA+ stable rating to Balkrishna Industries’ proposed ₹550 crore NCD programme.Announcement under Regulation 30 (LODR)-Raising of Funds 18 Aug - Finance Committee approved up to ₹550 crore NCD issuance on private placement basis, 18 August 2026.Board Meeting Outcome for Outcome Of The Meeting Of Finance Committee Of The Board Of Balkrishna Industries Limited ('Company') Held On 18Th August, 2026 - Approval For Fund Raising Through Issue Of Non-Convertible Debentures 18 Aug - Finance Committee approved private placement of NCDs worth up to ₹550 crore on 18 August 2026.