Balkrishna Industries

    BALKRISIND
    Auto
    ₹2,109.80
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹40,786 Cr

    P/E
    29.02
    Day range
    ₹2,054.20 – ₹2,130.00
    52-week range
    ₹1,964.70 – ₹2,775.00
    Volume
    8.69 L
    Open
    ₹2,129.00
    Prev close
    ₹2,110.20

    Latest results · Q1 FY27(consolidated)Revenue ₹3,455 Cr+25.2%Profit ₹451 Cr+56.4%Margin 13.0%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    Research profile

    Composite 48 / 100

    Factor percentiles

    Value44
    Quality36
    Momentum59
    Low volatility54

    Derived metrics

    Earn. yield
    3.4%
    Graham no.
    ₹963.40
    vs Graham
    -54.3%
    ROE ÷ P/B
    3.1%
    12-1 mom.
    -0.7%
    Return / vol
    -0.17
    Magic Formula
    #404
    Piotroski
    1/6
    FCF yield
    -1.8%

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 50 in Auto
    Largest Auto companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Maruti SuzukiMARUTI₹3.53 L Cr24.633.3014.4%19.0%8.0%0.00+35.9%
    Mahindra & MahindraM&M₹3.44 L Cr17.423.8221.9%15.0%19.0%1.47+27.8%
    Bajaj AutoBAJAJ-AUTO₹2.77 L Cr23.957.3128.6%28.0%21.0%0.58+65.1%
    Eicher MotorsEICHERMOT₹1.94 L Cr33.627.7423.8%31.0%24.0%0.02+31.5%
    TVS MotorTVSMOTOR₹1.89 L Cr55.1719.8035.3%17.0%14.0%3.43+33.5%
    Motherson SumiMOTHERSON₹1.61 L Cr37.173.9210.8%13.0%9.0%0.47+16.7%
    Hyundai Motor IndiaHYUNDAI₹1.50 L Cr30.367.7129.9%38.0%9.0%0.05-0.5%
    Balkrishna IndustriesBALKRISIND₹40,786 Cr29.023.7211.6%11.0%22.0%0.38+25.2%
    Sector median₹24,286 Cr30.365.7016.7%18.0%13.0%0.24+22.0%

    Sector as classified in the tracked universe; medians use every tracked Auto company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 8d ago

    Headlines about Balkrishna Industries from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    29.0
    EPS (TTM)
    ₹72.71
    Price / Book
    3.72
    ROE (FY26)
    11.6%
    ROCE (latest year)
    11%
    Dividend yield
    0.76%

    Moving averages (NSE)

    20-day
    ₹2,071.8
    Price above
    50-day
    ₹2,206.36
    Price below
    200-day
    ₹2,259.63
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +3.5%
    Profit 3Y CAGR
    +5.6%
    Revenue YoY (Jun 2026)
    +25.2%
    Profit YoY (Jun 2026)
    +56.6%
    Operating margin
    22.0%
    Net margin
    13.1%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr1K Cr2K Cr3K Cr4K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%15%30%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • FII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-4K Cr-2K Cr0 Cr2K Cr4K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr5K Cr10K Cr15K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x0.5x1x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY23FY24FY25FY26FY27₹0₹5₹10₹15₹20

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales2,2532,2742,6822,7142,4202,5602,7522,7602,3932,7372,9333,455
    Expenses1,7201,7342,0012,0511,8401,9602,1392,2541,8822,0942,2932,711
    Operating Profit533541681664580601614506511643640744
    OPM %24%24%25%24%24%23%22%18%21%24%22%22%
    Other Income1076617116290187991077177-4100
    Interest243631224116503133343637
    Depreciation160161174163166173178188193195199206
    Profit before tax456409647640463600485394357491401601
    Tax %24%25%25%23%25%25%24%27%24%22%25%25%
    Net Profit347305487490347449369288273382299451
    EPS in Rs₹17.97₹15.80₹25.18₹25.35₹17.95₹23.25₹19.06₹14.91₹14.13₹19.77₹15.49₹23.32

    From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days49

    +1 days since Mar 2021

    Inventory Days126

    -22 days since Mar 2021

    Days Payable64

    -39 days since Mar 2021

    Cash Conversion Cycle111

    +18 days since Mar 2021

    Working Capital Days-45

    -52 days since Mar 2021

    Strengths, risks & growth

    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]

    Strengths

    • Company has been maintaining a healthy dividend payout of 21.5%

    Risks

    • Stock is trading at 3.72 times its book value
    • Company has a low return on equity of 13.2% over last 3 years.

    Compounded Sales Growth

    10 Years
    +13%
    5 Years
    +13%
    3 Years
    +4%
    TTM
    +10%

    Compounded Profit Growth

    10 Years
    +9%
    5 Years
    -2%
    3 Years
    +1%
    TTM
    -3%

    Stock Price CAGR

    10 Years
    +15%
    5 Years
    -3%
    3 Years
    -7%
    1 Year
    -9%

    Return on Equity

    10 Years
    +16%
    5 Years
    +15%
    3 Years
    +13%
    Last Year
    +10%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter58.30%58.30%58.30%58.30%0.00 pp
    FII11.00%11.13%10.33%9.06%-1.27 pp
    DII24.42%24.25%24.60%25.45%+0.85 pp
    Government0.00%0.00%0.00%0.00%0.00 pp
    Public6.29%6.32%6.77%7.18%+0.41 pp

    Filed with NSE for Sept 2026: promoters 58.29%, public 41.71% · XBRL filing

    Analysts & fund holdings

    50%
    50% recommend buy
    18 analysts cover the stock
    Valuation vs Auto Components
    P/E29.0 vs 25.5
    Sector P/B5.25
    Beta0.85

    Who holds the shares, quarter by quarter

    Mutual funds 20.52% (+1.86 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters58.3%
    • Foreign institutions9.1%
    • Mutual funds20.5%
    • Insurance4.8%
    • Other domestic institutions0.2%
    • Retail4.4%
    • Others2.8%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Mid Cap Fund7.65%2.98%-0.12 pp
    SBI Large & Midcap Fund2.62%2.46%+0.28 pp
    Nippon India Multi Cap Fund1.25%0.92%+0.16 pp
    Nippon India Growth Mid Cap Fund1.04%0.82%-0.04 pp
    Kotak Flexi Cap Fund0.91%0.68%+0.01 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    33.0%
    Downside volatility
    26.4%
    Worst 5% of days
    3.1%
    Average of that tail
    3.6%
    Max drawdown (1Y)
    27.3%
    Below its peak
    22.3%

    Against the market

    Beta vs Nifty 50
    1.22
    Correlation
    0.49
    Relative strength (3M)
    +10.2%
    ATR (14)
    2.9%

    Return

    Return 1M
    -4.8%
    Return 3M
    +4.9%
    Return 6M
    -8.7%
    Return 1Y
    -5.5%
    vs 200-day average
    -6.6%

    Momentum

    RSI (14)
    50.4
    MACD histogram
    15.45
    Stochastic %K
    87.3
    ADX (14)
    24.2
    +DI / −DI
    15.7 / 17.1
    Money flow index
    72.7

    Participation

    Delivery (20d avg)
    58.7%
    vs its 60-day baseline
    +3.5 pts
    Volume vs 20-day
    +4.4σ
    Close vs day's VWAP
    +0.5%
    52-week position
    18 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    1 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — failed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — failed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — failed
    • Asset turnover improving — failed
    Free cash flow
    -₹754 Cr
    FCF yield
    -1.8%
    Cash conversion
    1.81
    Accruals ratio
    -0.057
    Net debt
    ₹4,050 Cr
    Net debt / equity
    0.37
    EV / sales
    3.89
    Capex intensity
    27.7%
    Revenue CAGR
    6.6%
    Profit CAGR
    -18.7%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Insider trades

    Last 12 months, market trades
    No market trades
    0 buys · ₹0
    0 sells · ₹0
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Shri Rishabh Poddar
    Promoters · Gift
    Buy17,90,180₹030 Mar 2021
    Smt. shyamlata S Poddar
    Promoters · Gift
    Sell17,90,180₹030 Mar 2021
    Smt. shyamlata S Poddar
    Promoters · Off Market
    Buy17,90,180₹028 Sept 2020
    Shri Rishabh Poddar
    Promoters · Off Market
    Sell17,90,180₹028 Sept 2020
    Khushboo R Poddar
    Promoters · Gift
    Buy37,96,000₹020 Dec 2017
    Shri Rajiv A Poddar
    Promoters · Gift
    Buy28,03,715₹020 Dec 2017
    Smt. shyamlata S Poddar
    Promoters · Gift
    Sell6,76,175₹020 Dec 2017
    Smt Vijaylaxmi A Poddae
    Promoters · Gift
    Sell28,03,715₹020 Dec 2017
    Shri Rishabh Poddar
    Promoters · Gift
    Buy6,76,175₹020 Dec 2017
    Khushboo R Poddar
    Promoters · Inter-se-Transfer
    Buy37,96,000₹020 Dec 2017
    Khushboo R Poddar
    Promoters · Market Sale
    Sell18,74,563₹265 Cr28 Mar 2017
    Khushboo R Poddar
    Promoters · Market Sale
    Sell19,21,437₹275 Cr24 Mar 2017

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Corporate actions

    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      4 Aug 2026
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      17 Jul 2026
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      2 Feb 2026
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      7 Nov 2025
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      31 Jul 2025
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      11 Jul 2025
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      30 Jan 2025
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      31 Oct 2024
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      20 Aug 2024
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      5 Jul 2024
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      2 Feb 2024
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      31 Oct 2023
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      11 Aug 2023
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      11 Jul 2023
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      17 Feb 2023
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      21 Nov 2022
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      11 Aug 2022
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      24 Jun 2022
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share/Special Dividend - Rs 12 Per Share

      21 Feb 2022
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    In continuation of our letter dated 22nd October, 2026 and pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording ....

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    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 ....

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Pursuant to Regulation 30 of SEBI LODR 2015 please find enclosed Press release regarding outcome of Board Meeting held on 22nd October, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Balkrishna Industries Limited would be having a Conference call to discuss Business Update. The said Conference call is scheduled on *Thursday, 22nd October 2026 at 04:00 PM, IST. *Considering ....

    Others
    Board Meeting Outcome for Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Execution of Framework Agreement (including ....

    Others
    Compliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017)

    Please Find Attached half yearly statement of Debt Securities as on 30th September, 2026.

    Insider Trading / SAST
    Closure of Trading Window

    We would like to inform you that the trading window for dealing in the securities of the Company shall remain closed for all the Designated persons covered under the Code from 1st October ....

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Pursuant to Regulation 30 of SEBI LODR, 2015 please find attached herewith review of credit ratings received from CRISIL Ratings Limited.

    Company Update
    Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.

    We hereby inform you that the Company has received order from office of the Assistant Commissioner of CGST, Bhuj Division.

    Company Update
    Newspaper Publication
    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Please find attached herewith outcome of Finance Committee Meeting held on 3rd September, 2026.

    Others
    Board Meeting Outcome for Outcome Of The Meeting Of Finance Committee Of The Board Of Directors Of Balkrishna Industries Limited

    Outcome of Finance committee Meeting held on 3rd September, 2026 under Regulation 30 of SEBI LODR 2015.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Pursuant to Regulation 30 of SEBI LODR 2015, please find attached herewith Credit Rating Letter

    Company Update
    Announcement under Regulation 30 (LODR)-Raising of Funds

    Please find attached herewith outcome of finance committee meeting held on 18.08.2026

    Board Meeting
    Board Meeting Outcome for Outcome Of The Meeting Of Finance Committee Of The Board Of Directors Of Balkrishna Industries Limited ('Company') Held On 18Th August, 2026 - Approval For Fund Raising Through Issue Of Non-Convertible Debentures

    This is to inform you that the Finance Committee of the Board of Directors of Balkrishna Industries Limited ('Company') at its meeting held today i.e. 18th August, 2026, has considered ....

    Filed with BSE (scrip 502355); the last 45 days. Documents open at bseindia.com.

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 30 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Balkrishna Industries: common questions

    Answered from the figures on this page.

    Balkrishna Industries last traded at ₹2,109.80 (NSE, as of 25 Oct 2026). The last session moved it down 0.02%.

    Balkrishna Industries is valued at about ₹40,786 crore (NSE, as of 25 Oct 2026).

    Balkrishna Industries trades at a price-to-earnings ratio of 29.02 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Balkrishna Industries has traded between ₹1,964.70 and ₹2,775.00 over the past 52 weeks, to 25 Oct 2026. It is currently 18% of the way up that range.

    Balkrishna Industries (BALKRISIND) is classified under Auto on this site's screener.