Automobile and Auto Components · NIFTY 500
Balkrishna Industries Limited
NSEBALKRISIND
BSE502355 ISININE787D01026 SeriesEQ Listed on NSE · BSE
₹2,296.00 -8.80 (-0.38%) Updated 12 Nov, 8:49 pm IST
Price, daily close+1.93% in a year
Today
- Open
- ₹2,300.00
- Prev close
- ₹2,304.80
- Day high
- ₹2,334.20
- Day low
- ₹2,281.00
- Volume
- 1.01 L
- Value traded
- ₹23.25 Cr
- Upper circuit
- ₹2,765.70
- Lower circuit
- ₹1,843.90
- 52W high
- ₹2,775.00
- 52W low
- ₹1,964.70
- 1 month
- +20.69%
- 6 months
- +10.45%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹44,382 Cr
P/E (TTM)31.15
P/B3.80
Book value / share₹603.42
EPS (TTM)₹73.71
ROE12.9%
Dividend yield0.70%
Dividend (12m)₹16.00 / share
Net margin (TTM)11.9%
Operating margin18.2%
Debt / equity0.52
Current ratio1.00
EV / EBITDA18.91
Sales growth (YoY qtr)+45.05%
Profit growth (YoY qtr)-13.99%
Sales CAGR 3Y+3.51%
Profit CAGR 3Y—
Shares19.33 Cr
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Sep 23
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—+0.9%+18%+1.2%-11%+5.8%—-13%+14%+7.2%+18%+0.5%
Revenue · YoY (vs a year ago)
————+7.4%+13%+1.7%-1.1%+6.9%—+25%+45%
Net profit · QoQ (vs last quarter)
——-100%—-100%——+272%+40%-33%+144%-63%
Net profit · YoY (vs a year ago)
—————+95%-85%—-36%—+756%-14%
RevenueNet profitLine = trend
Sep 23
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————-0.1%+47%-41%-21%-15%—+56%+7.1%
EPS (₹)Line = trend
| ₹ Cr | Sep 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,253 | 2,274 | 2,682 | 2,715 | 2,420 | 2,560 | 2,760 | 2,393 | 2,737 | 2,933 | 3,455 | 3,472 |
| Other income | 107 | 65.6 | 171 | 162 | 90.5 | 187 | 107 | 71.2 | 77.4 | -3.9 | 99.7 | 43.5 |
| Total income | 2,360 | 2,340 | 2,853 | 2,876 | 2,510 | 2,748 | 2,867 | 2,465 | 2,814 | 2,929 | 3,555 | 3,515 |
| Raw material | 1,071 | 1,085 | 1,219 | 1,275 | 1,129 | 1,264 | 1,251 | 1,108 | 1,313 | 1,469 | 1,861 | 1,968 |
| Purchases | 26.6 | 30.1 | 33.6 | 34.9 | 29.0 | 36.1 | 35.6 | 37.9 | 40.6 | 51.8 | 80.1 | 93.4 |
| Employee cost | 124 | 126 | 130 | 129 | 131 | 145 | 148 | 144 | 146 | 158 | 173 | 176 |
| Other expenses | 503 | 505 | 615 | 626 | 556 | 582 | 769 | 587 | 618 | 726 | 811 | 705 |
| Total expenses | 1,905 | 1,931 | 2,206 | 2,236 | 2,048 | 2,148 | 2,473 | 2,107 | 2,323 | 2,528 | 2,954 | 3,126 |
| Operating profit | 533 | 541 | 681 | 664 | 580 | 601 | 506 | 511 | 643 | 640 | 744 | 634 |
| OPM % | 23.6% | 23.8% | 25.4% | 24.4% | 24.0% | 23.5% | 18.3% | 21.4% | 23.5% | 21.8% | 21.5% | 18.2% |
| Finance cost | 23.9 | 36.4 | 30.9 | 21.9 | 41.2 | 15.7 | 30.8 | 32.5 | 34.1 | 36.2 | 36.8 | 67.5 |
| Depreciation | 160 | 161 | 174 | 163 | 166 | 173 | 188 | 193 | 195 | 199 | 206 | 220 |
| Profit before tax | 456 | 409 | 647 | 640 | 463 | 600 | 394 | 357 | 491 | 401 | 601 | 389 |
| Tax | 108 | 104 | 160 | 150 | 116 | 150 | 106 | 84.1 | 109 | 101 | 150 | 96.7 |
| Net profit | 347 | 305 | 487 | 490 | 347 | 449 | 288 | 273 | 382 | 299 | 451 | 293 |
| Profit to shareholders | 0.0 | — | 0.0 | — | 0.0 | 596 | 73.4 | — | — | 257 | 629 | 235 |
| EPS (₹) | 17.97 | 15.80 | 25.18 | 25.35 | 17.95 | 23.25 | 14.91 | 14.13 | 19.77 | 15.49 | 23.32 | 15.13 |
Profit & loss
Results for each year
8 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY18
FY20
FY21
FY22
FY23
FY24
FY25
FY26
Revenue · YoY (vs a year ago)
——+20%+43%+18%-4.0%+12%+3.6%
Net profit · YoY (vs a year ago)
———————-52%
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY18 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,461 | 4,811 | 5,783 | 8,295 | 9,760 | 9,369 | 10,447 | 10,823 |
| Other income | 340 | 251 | 172 | 438 | 347 | 449 | 539 | 252 |
| Total expenses | 3,685 | 3,923 | 4,400 | 6,751 | 8,671 | 7,877 | 8,798 | 9,431 |
| Employee cost | 280 | 329 | 371 | 430 | 459 | 500 | 554 | 596 |
| Operating profit | 1,102 | 1,271 | 1,810 | 2,009 | 1,707 | 2,255 | 2,458 | 2,300 |
| OPM % | 24.7% | 26.4% | 31.3% | 24.2% | 17.5% | 24.1% | 23.5% | 21.3% |
| Finance cost | 13.9 | 8.9 | 11.4 | 9.2 | 48.0 | 113 | 128 | 134 |
| Depreciation | 311 | 374 | 416 | 455 | 571 | 651 | 681 | 775 |
| Profit before tax | 1,116 | 1,140 | 1,555 | 1,982 | 1,435 | 1,941 | 2,187 | 1,644 |
| Tax | 380 | 180 | 377 | 547 | 377 | 470 | 532 | 401 |
| Tax rate % | 34.1% | 15.8% | 24.3% | 27.6% | 26.3% | 24.2% | 24.3% | 24.4% |
| Net profit | 736 | 960 | 1,178 | 1,435 | 1,057 | 1,471 | 1,655 | 1,243 |
| Profit to shareholders | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1,843 | 877 |
| Net margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 17.6% | 8.1% |
| EPS (₹) | 38.06 | 49.64 | 60.91 | 74.25 | 54.70 | 76.12 | 85.61 | 64.30 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 23
Mar 24
Mar 25
Mar 26
Sep 26
Shareholders' equity · YoY (vs a year ago)
—+17%+17%+5.5%—
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Sep 26 |
|---|---|---|---|---|---|
| Shareholders' equity | 7,557 | 8,854 | 10,388 | 10,955 | 11,664 |
| Long-term borrowings | 1,038 | 691 | 387 | 888 | 1,616 |
| Short-term borrowings | 2,304 | 2,404 | 2,875 | 3,218 | 4,431 |
| Total borrowings | 3,342 | 3,095 | 3,263 | 4,106 | 6,047 |
| Current liabilities | 3,349 | 3,660 | 4,227 | 5,089 | 6,442 |
| Fixed assets (PPE) | 5,307 | 6,232 | 6,856 | 7,327 | 7,729 |
| Inventories | 1,667 | 1,332 | 1,782 | 1,808 | 2,563 |
| Trade receivables | 1,115 | 1,445 | 1,495 | 1,447 | 1,898 |
| Cash & equivalents | 69.3 | 74.6 | 80.2 | 60.9 | 103 |
| Current assets | 3,928 | 4,644 | 5,571 | 5,154 | 6,452 |
| Total assets | 12,348 | 13,685 | 15,635 | 17,766 | 20,669 |
| Debt / equity | 0.44 | 0.35 | 0.31 | 0.37 | 0.52 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY22
FY23
FY24
FY25
FY26
Operations · YoY (vs a year ago)
—+59%+44%-15%+28%
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 908 | 1,448 | 2,083 | 1,764 | 2,249 |
| Cash from investing | -1,897 | -1,783 | -1,476 | -1,479 | -2,523 |
| Cash from financing | 980 | 359 | -602 | -279 | 254 |
| Spent on fixed assets | -2,667 | -1,762 | -1,099 | -1,483 | -3,003 |
| Free cash flow | -1,759 | -315 | 984 | 281 | -754 |
| Net cash flow | -9.1 | 23.4 | 5.2 | 5.7 | -19.4 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
58.3%promoter
- Promoter & group
- 58.29%
- Public (FIIs, mutual funds, retail…)
- 41.71%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Dividend-Nil
- Interim Dividend - Rs 4 Per Share
- Interim Dividend - Rs 4 Per Share
- Dividend - Rs 4 Per Share
- Interim Dividend - Rs 4 Per Share
- Interim Dividend - Rs 4 Per Share
- Interim Dividend - Rs 4 Per Share
- Dividend - Rs 4 Per Share
Board meetings
- the financial results for the period ended September 30, 2026 and dividend
- the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Dividend/Other business.
- the proposal of raising funds through issuance of non-convertible debentures on a private placement basis in one or more tranches ( Debentures ).
- Fund raising.
- the Quarterly Unaudited Financial results of the Company for the period ended June 2026 and Dividend/Other business.
Filings with NSE
- Analysts/Institutional Investor Meet/Con. Call Updates
- Copy of Newspaper Publication
- Analysts/Institutional Investor Meet/Con. Call Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Copy of Newspaper Publication
- Updates
- Updates
Latest news
Buy Balkrishna Industries; target of Rs 2950: Anand RathiMoneycontrol.com · 12 Nov, 11:54 amBalkrishna Industries jumps 4% on inking deal with Italy-based PirelliBusiness Standard · 22 Oct, 12:30 pmBalkrishna Industries shares rise on proposed 50:50 Pirelli JV for passenger car tyresCNBC TV18 · 22 Oct, 12:30 pmBalkrishna Industries enters PV car tyre segment in partnership with Pirelli; shares jump 4%Upstox · 22 Oct, 12:30 pmBalkrishna Industries signs Pirelli deal for 800,000 tyres and JVscanx.trade · 22 Oct, 11:20 amBalkrishna Industries shares rise 8% after Q1FY27 results, 200% final dividend: Should you buy?Livemint · 30 Jul, 12:30 pmBalkrishna Industries Shares Decline 2.05% on Friday MorningTradingView · 13 Aug, 12:30 pmBalkrishna Industries shares rise 3% as company strikes tyre production deal with PirelliMoneycontrol.com · 22 Oct, 12:30 pmAbout
About Balkrishna Industries Limited
Balkrishna Industries Limited (BKT) is an Indian multinational tyre manufacturing company based in Mumbai, India. Balkrishna Industries manufactures off-highway tyres used in specialist segmentations like mining, earthmoving, agriculture, and gardening in five factories located in Aurangabad, Bhiwadi, Chopanki, Dombivali, and Bhuj. In 2013, it was ranked 41st among the world's tyre makers. BKT sponsors various sports competitions in several countries, most notably Monster Jam.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- Balkrishna Industries Limited
- NSE symbol
- BALKRISIND
- BSE scrip code
- 502355
- ISIN
- INE787D01026
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 27 Jan 2006
- Face value
- ₹2 per share
- Market lot
- 1 share
- Shares issued
- 19.33 crore
- Index
- NIFTY 500
- Sector (NSE)
- Automobile and Auto Components
- Industry
- Automotive Aftermarket
- Managing director / CEO
- Arvind Poddar
- Chair
- Arvind Poddar
- Headquarters
- Mumbai
- Registered address
- BKT House, C/15, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013, India
- Founded
- 1987
- Employees
- 12,491
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- bkt-tires.com
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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.