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Last Updated: February 19, 2026, 10:56 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 502355 | NSE: BALKRISIND

Balkrishna Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 19, 2026, 10:56 am

Market Cap 50,073 Cr.
Current Price 2,590
Intrinsic Value₹2,602.99
High / Low 2,818/2,152
Stock P/E38.2
Book Value 540
Dividend Yield0.63 %
ROCE16.7 %
ROE15.8 %
Face Value 2.00
PEG Ratio-48.13

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Balkrishna Industries Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Goodyear India Ltd 1,870 Cr. 811 1,071/76433.0 2492.93 %13.0 %9.31 % 10.0
TVS Srichakra Ltd 3,241 Cr. 4,231 4,788/2,43069.1 1,5080.39 %5.36 %2.35 % 10.0
JK Tyre & Industries Ltd 16,774 Cr. 582 612/23223.0 1820.53 %12.8 %11.1 % 2.00
CEAT Ltd 15,670 Cr. 3,874 4,438/2,32225.2 1,1300.77 %15.4 %11.8 % 10.0
Balkrishna Industries Ltd 50,073 Cr. 2,590 2,818/2,15238.2 5400.63 %16.7 %15.8 % 2.00
Industry Average19,600.83 Cr2,093.3334.85642.331.05%12.44%9.83%5.83

All Competitor Stocks of Balkrishna Industries Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 2,1662,3172,1592,2532,2742,6822,7142,4202,5602,7522,7602,3932,737
Expenses 1,8961,8371,6581,7201,7342,0012,0511,8401,9602,1392,2541,8822,094
Operating Profit 269480501533541681664580601614506511643
OPM % 12%21%23%24%24%25%24%24%23%22%18%21%24%
Other Income 45571061076617116290187991077177
Interest 14262224363122411650313334
Depreciation 149156155160161174163166173178188193195
Profit before tax 151355430456409647640463600485394357491
Tax % 28%27%23%24%25%25%23%25%25%24%27%24%22%
Net Profit 108260332347305487490347449369288273382
EPS in Rs 5.6113.4417.1717.9715.8025.1825.3517.9523.2519.0614.9114.1319.77

Last Updated: February 6, 2026, 2:16 pm

Below is a detailed analysis of the quarterly data for Balkrishna Industries Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

  • For Sales, as of Dec 2025, the value is 2,737.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,393.00 Cr. (Sep 2025) to 2,737.00 Cr., marking an increase of 344.00 Cr..
  • For Expenses, as of Dec 2025, the value is 2,094.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,882.00 Cr. (Sep 2025) to 2,094.00 Cr., marking an increase of 212.00 Cr..
  • For Operating Profit, as of Dec 2025, the value is 643.00 Cr.. The value appears strong and on an upward trend. It has increased from 511.00 Cr. (Sep 2025) to 643.00 Cr., marking an increase of 132.00 Cr..
  • For OPM %, as of Dec 2025, the value is 24.00%. The value appears strong and on an upward trend. It has increased from 21.00% (Sep 2025) to 24.00%, marking an increase of 3.00%.
  • For Other Income, as of Dec 2025, the value is 77.00 Cr.. The value appears strong and on an upward trend. It has increased from 71.00 Cr. (Sep 2025) to 77.00 Cr., marking an increase of 6.00 Cr..
  • For Interest, as of Dec 2025, the value is 34.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 33.00 Cr. (Sep 2025) to 34.00 Cr., marking an increase of 1.00 Cr..
  • For Depreciation, as of Dec 2025, the value is 195.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 193.00 Cr. (Sep 2025) to 195.00 Cr., marking an increase of 2.00 Cr..
  • For Profit before tax, as of Dec 2025, the value is 491.00 Cr.. The value appears strong and on an upward trend. It has increased from 357.00 Cr. (Sep 2025) to 491.00 Cr., marking an increase of 134.00 Cr..
  • For Tax %, as of Dec 2025, the value is 22.00%. The value appears to be improving (decreasing) as expected. It has decreased from 24.00% (Sep 2025) to 22.00%, marking a decrease of 2.00%.
  • For Net Profit, as of Dec 2025, the value is 382.00 Cr.. The value appears strong and on an upward trend. It has increased from 273.00 Cr. (Sep 2025) to 382.00 Cr., marking an increase of 109.00 Cr..
  • For EPS in Rs, as of Dec 2025, the value is 19.77. The value appears strong and on an upward trend. It has increased from 14.13 (Sep 2025) to 19.77, marking an increase of 5.64.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 5:35 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 3,7683,8133,2373,7234,4445,2104,8115,7838,2959,7609,36910,44710,466
Expenses 2,8783,0862,3712,5923,3413,9043,5373,9726,2868,0477,1137,9898,235
Operating Profit 8907278661,1311,1031,3061,2741,8112,0091,7122,2562,4582,232
OPM % 24%19%27%30%25%25%26%31%24%18%24%24%21%
Other Income 14277131254340215250171438342449539465
Interest 2748402215121112948113129129
Depreciation 170244282304311333374416455571651681732
Profit before tax 7067136741,0591,1161,1771,1401,5551,9821,4351,9412,1871,837
Tax % 33%34%34%32%34%34%16%24%28%26%24%24%
Net Profit 4754734467177367749601,1781,4351,0571,4711,6551,380
EPS in Rs 24.5524.4523.0637.0838.0640.0249.6460.9174.2554.7076.1285.6171.35
Dividend Payout % 4%5%12%11%21%20%40%28%38%29%21%19%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-0.42%-5.71%60.76%2.65%5.16%24.03%22.71%21.82%-26.34%39.17%12.51%
Change in YoY Net Profit Growth (%)0.00%-5.29%66.47%-58.11%2.51%18.87%-1.32%-0.89%-48.16%65.51%-26.66%

Balkrishna Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:11%
5 Years:17%
3 Years:8%
TTM:6%
Compounded Profit Growth
10 Years:12%
5 Years:13%
3 Years:2%
TTM:-11%
Stock Price CAGR
10 Years:22%
5 Years:13%
3 Years:6%
1 Year:-21%
Return on Equity
10 Years:18%
5 Years:17%
3 Years:15%
Last Year:16%

Last Updated: September 5, 2025, 12:25 am

Balance Sheet

Last Updated: December 4, 2025, 1:01 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 19191919393939393939393939
Reserves 1,8762,2572,7563,5244,0454,6154,9705,9616,8947,5188,81510,34910,401
Borrowings 2,4392,3581,8981,3918678719321,0012,5293,3473,0993,2673,682
Other Liabilities 6886857258559279548661,1661,5171,4441,7311,9802,384
Total Liabilities 5,0215,3185,3985,7895,8786,4796,8068,16610,97912,34813,68515,63516,505
Fixed Assets 2,3892,4152,8592,8492,8492,7863,3083,3704,0195,3846,3176,9417,062
CWIP 5656342311101196005878561,2581,3929449861,757
Investments 3704448361,3491,1031,0831,0621,4181,8972,0372,6863,2643,113
Other Assets 1,6971,8251,4731,4811,8082,0101,8502,5233,8053,5353,7374,4434,574
Total Assets 5,0215,3185,3985,7895,8786,4796,8068,16610,97912,34813,68515,63516,505

Below is a detailed analysis of the balance sheet data for Balkrishna Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 39.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 39.00 Cr..
  • For Reserves, as of Sep 2025, the value is 10,401.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,349.00 Cr. (Mar 2025) to 10,401.00 Cr., marking an increase of 52.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 3,682.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 3,267.00 Cr. (Mar 2025) to 3,682.00 Cr., marking an increase of 415.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 2,384.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,980.00 Cr. (Mar 2025) to 2,384.00 Cr., marking an increase of 404.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 16,505.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 15,635.00 Cr. (Mar 2025) to 16,505.00 Cr., marking an increase of 870.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 7,062.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,941.00 Cr. (Mar 2025) to 7,062.00 Cr., marking an increase of 121.00 Cr..
  • For CWIP, as of Sep 2025, the value is 1,757.00 Cr.. The value appears strong and on an upward trend. It has increased from 986.00 Cr. (Mar 2025) to 1,757.00 Cr., marking an increase of 771.00 Cr..
  • For Investments, as of Sep 2025, the value is 3,113.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,264.00 Cr. (Mar 2025) to 3,113.00 Cr., marking a decrease of 151.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 4,574.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,443.00 Cr. (Mar 2025) to 4,574.00 Cr., marking an increase of 131.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 16,505.00 Cr.. The value appears strong and on an upward trend. It has increased from 15,635.00 Cr. (Mar 2025) to 16,505.00 Cr., marking an increase of 870.00 Cr..

Notably, the Reserves (10,401.00 Cr.) exceed the Borrowings (3,682.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 6029841,0728477508201,1731,3399081,4482,0821,764
Cash from Investing Activity + -1,230-435-552-563-92-636-678-1,173-1,897-1,783-1,475-1,480
Cash from Financing Activity + 365-130-625-589-654-165-495-158980359-601-279
Net Cash Flow -263419-105-30642018-92356

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow888.00725.00865.000.00-866.00-870.00-931.000.000.00-2.00-1.00-1.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 595643403936454848425652
Inventory Days 11476102110105113105148162124108129
Days Payable 8274888770586510380376654
Cash Conversion Cycle 915858647592849313012999126
Working Capital Days 21-23-61-387613-47-3-10-17-16
ROCE %18%17%15%20%22%22%17%24%24%14%16%17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters 58.30%58.30%58.30%58.30%58.30%58.30%58.30%58.30%58.30%58.30%58.30%58.30%
FIIs 12.45%12.42%12.40%12.53%12.69%12.24%12.61%11.72%11.28%11.46%10.50%10.70%
DIIs 20.12%20.21%20.90%21.11%21.32%21.97%22.29%23.31%23.81%23.63%24.71%24.55%
Government 0.10%0.10%0.10%0.10%0.10%0.11%0.15%0.15%0.15%0.15%0.14%0.14%
Public 9.03%8.99%8.30%7.94%7.59%7.38%6.65%6.52%6.46%6.46%6.37%6.31%
No. of Shareholders 1,58,2011,46,8041,40,4901,36,2141,25,3411,34,8311,23,4351,24,3881,18,9661,23,7551,27,4011,23,406

Shareholding Pattern Chart

No. of Shareholders

Balkrishna Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid Cap Fund 13,224,300 3.31 3067.64N/AN/AN/A
Parag Parikh Flexi Cap Fund 4,189,074 0.73 971.744,189,0742025-04-22 17:25:410%
SBI Large & Midcap Fund 2,546,345 1.58 590.682,526,9812026-01-25 05:09:560.77%
Kotak Flexicap Fund 1,700,000 0.7 394.35N/AN/AN/A
ICICI Prudential Large & Mid Cap Fund 1,219,392 1.02 282.861,200,7052025-12-15 00:17:391.56%
HDFC Large and Mid Cap Fund 1,124,905 0.9 260.94N/AN/AN/A
Nippon India Growth Mid Cap Fund 1,100,000 0.61 255.17N/AN/AN/A
ICICI Prudential Multi Asset Fund 926,900 0.28 215.01989,3702026-01-25 05:09:56-6.31%
HDFC Multi Cap Fund 812,866 0.95 188.56N/AN/AN/A
Franklin India Mid Cap Fund 700,000 1.27 162.38N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 85.6176.1254.7074.2560.91
Diluted EPS (Rs.) 85.6176.1254.7074.2560.91
Cash EPS (Rs.) 120.83109.7984.2397.8182.45
Book Value[Excl.RevalReserv]/Share (Rs.) 537.38458.04390.94358.67310.39
Book Value[Incl.RevalReserv]/Share (Rs.) 537.38458.04390.94358.67310.39
Revenue From Operations / Share (Rs.) 540.45484.68504.89429.13299.18
PBDIT / Share (Rs.) 155.01139.92106.24126.57102.57
PBIT / Share (Rs.) 119.80106.2576.71103.0281.03
PBT / Share (Rs.) 113.16100.4174.23102.5480.44
Net Profit / Share (Rs.) 85.6276.1254.7074.2660.92
NP After MI And SOA / Share (Rs.) 85.6276.1254.7074.2660.92
PBDIT Margin (%) 28.6828.8621.0429.4934.28
PBIT Margin (%) 22.1621.9215.1924.0027.08
PBT Margin (%) 20.9320.7114.7023.8926.88
Net Profit Margin (%) 15.8415.7010.8317.3020.36
NP After MI And SOA Margin (%) 15.8415.7010.8317.3020.36
Return on Networth / Equity (%) 15.9316.6113.9920.7019.62
Return on Capital Employeed (%) 20.2920.4816.4725.7125.00
Return On Assets (%) 10.5810.758.5613.0714.41
Long Term Debt / Equity (X) 0.030.070.130.070.00
Total Debt / Equity (X) 0.310.340.440.360.16
Asset Turnover Ratio (%) 0.710.710.840.860.77
Current Ratio (X) 1.321.271.171.201.31
Quick Ratio (X) 0.890.900.670.680.81
Inventory Turnover Ratio (X) 6.712.942.943.073.12
Dividend Payout Ratio (NP) (%) 18.6821.0129.2539.0519.70
Dividend Payout Ratio (CP) (%) 13.2414.5718.9929.6514.55
Earning Retention Ratio (%) 81.3278.9970.7560.9580.30
Cash Earning Retention Ratio (%) 86.7685.4381.0170.3585.45
Interest Coverage Ratio (X) 23.3523.9642.75267.40174.22
Interest Coverage Ratio (Post Tax) (X) 13.9014.0423.01157.87104.47
Enterprise Value (Cr.) 52453.3047822.3740991.7843811.1033598.82
EV / Net Operating Revenue (X) 5.025.104.205.285.81
EV / EBITDA (X) 17.5117.6819.9617.9116.95
MarketCap / Net Operating Revenue (X) 4.724.783.874.985.65
Retention Ratios (%) 81.3178.9870.7460.9480.29
Price / BV (X) 4.745.064.995.965.45
Price / Net Operating Revenue (X) 4.724.783.874.985.65
EarningsYield 0.030.030.020.030.03

After reviewing the key financial ratios for Balkrishna Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 85.61. This value is within the healthy range. It has increased from 76.12 (Mar 24) to 85.61, marking an increase of 9.49.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 85.61. This value is within the healthy range. It has increased from 76.12 (Mar 24) to 85.61, marking an increase of 9.49.
  • For Cash EPS (Rs.), as of Mar 25, the value is 120.83. This value is within the healthy range. It has increased from 109.79 (Mar 24) to 120.83, marking an increase of 11.04.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 537.38. It has increased from 458.04 (Mar 24) to 537.38, marking an increase of 79.34.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 537.38. It has increased from 458.04 (Mar 24) to 537.38, marking an increase of 79.34.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 540.45. It has increased from 484.68 (Mar 24) to 540.45, marking an increase of 55.77.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 155.01. This value is within the healthy range. It has increased from 139.92 (Mar 24) to 155.01, marking an increase of 15.09.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 119.80. This value is within the healthy range. It has increased from 106.25 (Mar 24) to 119.80, marking an increase of 13.55.
  • For PBT / Share (Rs.), as of Mar 25, the value is 113.16. This value is within the healthy range. It has increased from 100.41 (Mar 24) to 113.16, marking an increase of 12.75.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 85.62. This value is within the healthy range. It has increased from 76.12 (Mar 24) to 85.62, marking an increase of 9.50.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 85.62. This value is within the healthy range. It has increased from 76.12 (Mar 24) to 85.62, marking an increase of 9.50.
  • For PBDIT Margin (%), as of Mar 25, the value is 28.68. This value is within the healthy range. It has decreased from 28.86 (Mar 24) to 28.68, marking a decrease of 0.18.
  • For PBIT Margin (%), as of Mar 25, the value is 22.16. This value exceeds the healthy maximum of 20. It has increased from 21.92 (Mar 24) to 22.16, marking an increase of 0.24.
  • For PBT Margin (%), as of Mar 25, the value is 20.93. This value is within the healthy range. It has increased from 20.71 (Mar 24) to 20.93, marking an increase of 0.22.
  • For Net Profit Margin (%), as of Mar 25, the value is 15.84. This value exceeds the healthy maximum of 10. It has increased from 15.70 (Mar 24) to 15.84, marking an increase of 0.14.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 15.84. This value is within the healthy range. It has increased from 15.70 (Mar 24) to 15.84, marking an increase of 0.14.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 15.93. This value is within the healthy range. It has decreased from 16.61 (Mar 24) to 15.93, marking a decrease of 0.68.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 20.29. This value is within the healthy range. It has decreased from 20.48 (Mar 24) to 20.29, marking a decrease of 0.19.
  • For Return On Assets (%), as of Mar 25, the value is 10.58. This value is within the healthy range. It has decreased from 10.75 (Mar 24) to 10.58, marking a decrease of 0.17.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.03. This value is below the healthy minimum of 0.2. It has decreased from 0.07 (Mar 24) to 0.03, marking a decrease of 0.04.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.31. This value is within the healthy range. It has decreased from 0.34 (Mar 24) to 0.31, marking a decrease of 0.03.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 0.71. There is no change compared to the previous period (Mar 24) which recorded 0.71.
  • For Current Ratio (X), as of Mar 25, the value is 1.32. This value is below the healthy minimum of 1.5. It has increased from 1.27 (Mar 24) to 1.32, marking an increase of 0.05.
  • For Quick Ratio (X), as of Mar 25, the value is 0.89. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 24) to 0.89, marking a decrease of 0.01.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.71. This value is within the healthy range. It has increased from 2.94 (Mar 24) to 6.71, marking an increase of 3.77.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 18.68. This value is below the healthy minimum of 20. It has decreased from 21.01 (Mar 24) to 18.68, marking a decrease of 2.33.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 13.24. This value is below the healthy minimum of 20. It has decreased from 14.57 (Mar 24) to 13.24, marking a decrease of 1.33.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 81.32. This value exceeds the healthy maximum of 70. It has increased from 78.99 (Mar 24) to 81.32, marking an increase of 2.33.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 86.76. This value exceeds the healthy maximum of 70. It has increased from 85.43 (Mar 24) to 86.76, marking an increase of 1.33.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 23.35. This value is within the healthy range. It has decreased from 23.96 (Mar 24) to 23.35, marking a decrease of 0.61.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 13.90. This value is within the healthy range. It has decreased from 14.04 (Mar 24) to 13.90, marking a decrease of 0.14.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 52,453.30. It has increased from 47,822.37 (Mar 24) to 52,453.30, marking an increase of 4,630.93.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 5.02. This value exceeds the healthy maximum of 3. It has decreased from 5.10 (Mar 24) to 5.02, marking a decrease of 0.08.
  • For EV / EBITDA (X), as of Mar 25, the value is 17.51. This value exceeds the healthy maximum of 15. It has decreased from 17.68 (Mar 24) to 17.51, marking a decrease of 0.17.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.72. This value exceeds the healthy maximum of 3. It has decreased from 4.78 (Mar 24) to 4.72, marking a decrease of 0.06.
  • For Retention Ratios (%), as of Mar 25, the value is 81.31. This value exceeds the healthy maximum of 70. It has increased from 78.98 (Mar 24) to 81.31, marking an increase of 2.33.
  • For Price / BV (X), as of Mar 25, the value is 4.74. This value exceeds the healthy maximum of 3. It has decreased from 5.06 (Mar 24) to 4.74, marking a decrease of 0.32.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.72. This value exceeds the healthy maximum of 3. It has decreased from 4.78 (Mar 24) to 4.72, marking a decrease of 0.06.
  • For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Balkrishna Industries Ltd as of February 19, 2026 is: ₹2,623.81

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 19, 2026, Balkrishna Industries Ltd is Undervalued by 1.31% compared to the current share price ₹2,590.00

Intrinsic Value of Balkrishna Industries Ltd as of February 19, 2026 is: ₹2,602.99

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 19, 2026, Balkrishna Industries Ltd is Undervalued by 0.50% compared to the current share price ₹2,590.00

Last 5 Year EPS CAGR: -0.79%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 18.83%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -4.58, which is a positive sign.
  3. The company has higher reserves (5,690.85 cr) compared to borrowings (2,129.31 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (5.85 cr) and profit (161.85 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 91.58, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Balkrishna Industries Ltd:
    1. Net Profit Margin: 15.84%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 20.29% (Industry Average ROCE: 12.44%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 15.93% (Industry Average ROE: 9.83%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 13.9
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.89
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 38.2 (Industry average Stock P/E: 34.85)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.31
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Balkrishna Industries Ltd. is a Public Limited Listed company incorporated on 20/11/1961 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L99999MH1961PLC012185 and registration number is 012185. Currently Company is involved in the business activities of Manufacture of rubber tyres and tubes. Company's Total Operating Revenue is Rs. 10412.88 Cr. and Equity Capital is Rs. 38.66 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Tyres & TubesB-66, Waluj MIDC, Waluj Industrial Area, Aurangabad Maharashtra 431136Contact not found
Management
NamePosition Held
Mr. Arvind PoddarChairman & Managing Director
Mr. Rajiv PoddarJoint Managing Director
Mr. Vipul ShahWhole Time Director & Co. Secretary
Mrs. Vijaylaxmi PoddarNon Exe.Non Ind.Director
Mr. Pannkaj GhadialiInd. Non-Executive Director
Ms. Shruti ShahInd. Non-Executive Director
Mr. Laxmidas MerchantInd. Non-Executive Director
Mr. Rahul DuttInd. Non-Executive Director

FAQ

What is the intrinsic value of Balkrishna Industries Ltd?

Balkrishna Industries Ltd's intrinsic value (as of 19 February 2026) is ₹2602.99 which is 0.50% higher the current market price of ₹2,590.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹50,073 Cr. market cap, FY2025-2026 high/low of ₹2,818/2,152, reserves of ₹10,401 Cr, and liabilities of ₹16,505 Cr.

What is the Market Cap of Balkrishna Industries Ltd?

The Market Cap of Balkrishna Industries Ltd is 50,073 Cr..

What is the current Stock Price of Balkrishna Industries Ltd as on 19 February 2026?

The current stock price of Balkrishna Industries Ltd as on 19 February 2026 is ₹2,590.

What is the High / Low of Balkrishna Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Balkrishna Industries Ltd stocks is ₹2,818/2,152.

What is the Stock P/E of Balkrishna Industries Ltd?

The Stock P/E of Balkrishna Industries Ltd is 38.2.

What is the Book Value of Balkrishna Industries Ltd?

The Book Value of Balkrishna Industries Ltd is 540.

What is the Dividend Yield of Balkrishna Industries Ltd?

The Dividend Yield of Balkrishna Industries Ltd is 0.63 %.

What is the ROCE of Balkrishna Industries Ltd?

The ROCE of Balkrishna Industries Ltd is 16.7 %.

What is the ROE of Balkrishna Industries Ltd?

The ROE of Balkrishna Industries Ltd is 15.8 %.

What is the Face Value of Balkrishna Industries Ltd?

The Face Value of Balkrishna Industries Ltd is 2.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Balkrishna Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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