Share Price and Basic Stock Data
Last Updated: January 8, 2026, 5:13 pm
| PEG Ratio | -41.83 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Balkrishna Industries Ltd, a prominent player in the tyres and tubes industry, reported a share price of ₹2,402 and a market capitalization of ₹46,505 Cr. The company recorded sales of ₹9,760 Cr for the fiscal year ending March 2023, which represented a significant increase from ₹8,295 Cr in the previous fiscal year. The trailing twelve months (TTM) sales stood at ₹10,466 Cr, indicating a consistent upward trajectory in revenue. Quarterly performance varied, with sales peaking at ₹2,682 Cr in March 2024 and showing resilience despite fluctuations, as seen in the June 2025 sales of ₹2,760 Cr. This growth can be attributed to the company’s robust product offerings and strategic market positioning, catering to both domestic and international markets. With a steady increase in revenue over the years, the company is well-positioned to capture further market share, supported by a strong brand reputation and a growing demand for high-quality tyres.
Profitability and Efficiency Metrics
Balkrishna Industries reported a net profit of ₹1,380 Cr for the fiscal year ending March 2025, reflecting a solid increase from ₹1,057 Cr in March 2023. The operating profit margin (OPM) for the same period stood at 24%, indicating effective cost management and operational efficiency. The company maintained a return on equity (ROE) of 15.8% and a return on capital employed (ROCE) of 16.7%, which are commendable figures in the tyre industry, typically characterized by lower margins. The interest coverage ratio was reported at 23.35x, showcasing the company’s ability to meet its interest obligations comfortably. Despite facing inflationary pressures and fluctuating raw material costs, Balkrishna Industries has managed to deliver consistent profitability, with quarterly net profits varying between ₹273 Cr and ₹487 Cr from September 2022 to June 2025. This consistent profitability underscores the company’s operational resilience and strategic pricing strategies.
Balance Sheet Strength and Financial Ratios
The balance sheet of Balkrishna Industries reflects a healthy financial position with total assets recorded at ₹15,635 Cr as of March 2025, up from ₹12,348 Cr in March 2023. The company reported total borrowings of ₹3,682 Cr, resulting in a low debt-to-equity ratio of 0.31, which is favorable compared to industry standards, indicating prudent financial management. Reserves rose to ₹10,401 Cr, providing a strong buffer for future investments and growth opportunities. The current ratio stood at 1.32, suggesting sufficient liquidity to cover short-term liabilities. Additionally, the company’s cash earnings per share (CEPS) reached ₹120.83, reflecting strong cash flow generation capabilities. These financial ratios indicate that Balkrishna Industries is not only maintaining a solid capital structure but also positioning itself effectively for future growth while mitigating risks associated with leverage.
Shareholding Pattern and Investor Confidence
Balkrishna Industries has a stable shareholding structure, with promoters holding 58.30% of the equity, indicating strong insider confidence in the company’s future prospects. Institutional investors, including foreign institutional investors (FIIs) and domestic institutional investors (DIIs), accounted for 10.70% and 24.55% of the shares, respectively, reflecting a healthy interest from institutional stakeholders. The number of shareholders decreased to 1,23,406 by September 2025, which may suggest consolidation among existing shareholders. The consistent presence of institutional investors highlights their confidence in the company’s growth trajectory and financial stability. The dividend payout ratio for March 2025 stood at 18.68%, demonstrating the company’s commitment to returning value to shareholders while retaining a significant portion of earnings for reinvestment. This balanced approach fosters investor trust and enhances shareholder value.
Outlook, Risks, and Final Insight
Looking ahead, Balkrishna Industries is poised to benefit from increasing demand for high-performance tyres, driven by the expanding automotive and agricultural sectors. However, risks remain, including fluctuations in raw material prices and potential supply chain disruptions, which could impact profit margins. Additionally, the competitive landscape in the tyre industry is intensifying, necessitating continuous innovation and strategic marketing efforts to maintain market share. The company’s ability to navigate these challenges while leveraging its operational strengths will be crucial. If Balkrishna Industries can sustain its growth momentum and enhance operational efficiencies, it could solidify its market position further. Conversely, any significant downturn in demand or adverse economic conditions could pose challenges to profitability. Overall, the company’s strong fundamentals and strategic initiatives position it well for long-term growth.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Goodyear India Ltd | 1,932 Cr. | 838 | 1,071/806 | 46.5 | 249 | 2.85 % | 13.0 % | 9.31 % | 10.0 |
| TVS Srichakra Ltd | 3,217 Cr. | 4,201 | 4,788/2,430 | 132 | 1,508 | 0.40 % | 5.36 % | 2.35 % | 10.0 |
| JK Tyre & Industries Ltd | 14,659 Cr. | 507 | 525/232 | 26.9 | 191 | 0.59 % | 12.8 % | 11.1 % | 2.00 |
| CEAT Ltd | 15,562 Cr. | 3,845 | 4,438/2,322 | 29.7 | 1,130 | 0.78 % | 15.4 % | 11.8 % | 10.0 |
| Balkrishna Industries Ltd | 45,854 Cr. | 2,377 | 2,916/2,152 | 33.2 | 540 | 0.67 % | 16.7 % | 15.8 % | 2.00 |
| Industry Average | 19,034.67 Cr | 2,047.83 | 48.90 | 643.83 | 1.04% | 12.44% | 9.83% | 5.83 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,658 | 2,166 | 2,317 | 2,159 | 2,253 | 2,274 | 2,682 | 2,714 | 2,420 | 2,560 | 2,752 | 2,760 | 2,393 |
| Expenses | 2,231 | 1,896 | 1,837 | 1,658 | 1,720 | 1,734 | 2,001 | 2,051 | 1,840 | 1,960 | 2,139 | 2,254 | 1,882 |
| Operating Profit | 426 | 269 | 480 | 501 | 533 | 541 | 681 | 664 | 580 | 601 | 614 | 506 | 511 |
| OPM % | 16% | 12% | 21% | 23% | 24% | 24% | 25% | 24% | 24% | 23% | 22% | 18% | 21% |
| Other Income | 227 | 45 | 57 | 106 | 107 | 66 | 171 | 162 | 90 | 187 | 99 | 107 | 71 |
| Interest | 5 | 14 | 26 | 22 | 24 | 36 | 31 | 22 | 41 | 16 | 50 | 31 | 33 |
| Depreciation | 137 | 149 | 156 | 155 | 160 | 161 | 174 | 163 | 166 | 173 | 178 | 188 | 193 |
| Profit before tax | 511 | 151 | 355 | 430 | 456 | 409 | 647 | 640 | 463 | 600 | 485 | 394 | 357 |
| Tax % | 25% | 28% | 27% | 23% | 24% | 25% | 25% | 23% | 25% | 25% | 24% | 27% | 24% |
| Net Profit | 382 | 108 | 260 | 332 | 347 | 305 | 487 | 490 | 347 | 449 | 369 | 288 | 273 |
| EPS in Rs | 19.77 | 5.61 | 13.44 | 17.17 | 17.97 | 15.80 | 25.18 | 25.35 | 17.95 | 23.25 | 19.06 | 14.91 | 14.13 |
Last Updated: January 2, 2026, 8:02 am
Below is a detailed analysis of the quarterly data for Balkrishna Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 2,393.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,760.00 Cr. (Jun 2025) to 2,393.00 Cr., marking a decrease of 367.00 Cr..
- For Expenses, as of Sep 2025, the value is 1,882.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,254.00 Cr. (Jun 2025) to 1,882.00 Cr., marking a decrease of 372.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 511.00 Cr.. The value appears strong and on an upward trend. It has increased from 506.00 Cr. (Jun 2025) to 511.00 Cr., marking an increase of 5.00 Cr..
- For OPM %, as of Sep 2025, the value is 21.00%. The value appears strong and on an upward trend. It has increased from 18.00% (Jun 2025) to 21.00%, marking an increase of 3.00%.
- For Other Income, as of Sep 2025, the value is 71.00 Cr.. The value appears to be declining and may need further review. It has decreased from 107.00 Cr. (Jun 2025) to 71.00 Cr., marking a decrease of 36.00 Cr..
- For Interest, as of Sep 2025, the value is 33.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 31.00 Cr. (Jun 2025) to 33.00 Cr., marking an increase of 2.00 Cr..
- For Depreciation, as of Sep 2025, the value is 193.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 188.00 Cr. (Jun 2025) to 193.00 Cr., marking an increase of 5.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 357.00 Cr.. The value appears to be declining and may need further review. It has decreased from 394.00 Cr. (Jun 2025) to 357.00 Cr., marking a decrease of 37.00 Cr..
- For Tax %, as of Sep 2025, the value is 24.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Jun 2025) to 24.00%, marking a decrease of 3.00%.
- For Net Profit, as of Sep 2025, the value is 273.00 Cr.. The value appears to be declining and may need further review. It has decreased from 288.00 Cr. (Jun 2025) to 273.00 Cr., marking a decrease of 15.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 14.13. The value appears to be declining and may need further review. It has decreased from 14.91 (Jun 2025) to 14.13, marking a decrease of 0.78.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:35 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,768 | 3,813 | 3,237 | 3,723 | 4,444 | 5,210 | 4,811 | 5,783 | 8,295 | 9,760 | 9,369 | 10,447 | 10,466 |
| Expenses | 2,878 | 3,086 | 2,371 | 2,592 | 3,341 | 3,904 | 3,537 | 3,972 | 6,286 | 8,047 | 7,113 | 7,989 | 8,235 |
| Operating Profit | 890 | 727 | 866 | 1,131 | 1,103 | 1,306 | 1,274 | 1,811 | 2,009 | 1,712 | 2,256 | 2,458 | 2,232 |
| OPM % | 24% | 19% | 27% | 30% | 25% | 25% | 26% | 31% | 24% | 18% | 24% | 24% | 21% |
| Other Income | 14 | 277 | 131 | 254 | 340 | 215 | 250 | 171 | 438 | 342 | 449 | 539 | 465 |
| Interest | 27 | 48 | 40 | 22 | 15 | 12 | 11 | 12 | 9 | 48 | 113 | 129 | 129 |
| Depreciation | 170 | 244 | 282 | 304 | 311 | 333 | 374 | 416 | 455 | 571 | 651 | 681 | 732 |
| Profit before tax | 706 | 713 | 674 | 1,059 | 1,116 | 1,177 | 1,140 | 1,555 | 1,982 | 1,435 | 1,941 | 2,187 | 1,837 |
| Tax % | 33% | 34% | 34% | 32% | 34% | 34% | 16% | 24% | 28% | 26% | 24% | 24% | |
| Net Profit | 475 | 473 | 446 | 717 | 736 | 774 | 960 | 1,178 | 1,435 | 1,057 | 1,471 | 1,655 | 1,380 |
| EPS in Rs | 24.55 | 24.45 | 23.06 | 37.08 | 38.06 | 40.02 | 49.64 | 60.91 | 74.25 | 54.70 | 76.12 | 85.61 | 71.35 |
| Dividend Payout % | 4% | 5% | 12% | 11% | 21% | 20% | 40% | 28% | 38% | 29% | 21% | 19% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 |
| Reserves | 1,876 | 2,257 | 2,756 | 3,524 | 4,045 | 4,615 | 4,970 | 5,961 | 6,894 | 7,518 | 8,815 | 10,349 | 10,401 |
| Borrowings | 2,439 | 2,358 | 1,898 | 1,391 | 867 | 871 | 932 | 1,001 | 2,529 | 3,347 | 3,099 | 3,267 | 3,682 |
| Other Liabilities | 688 | 685 | 725 | 855 | 927 | 954 | 866 | 1,166 | 1,517 | 1,444 | 1,731 | 1,980 | 2,384 |
| Total Liabilities | 5,021 | 5,318 | 5,398 | 5,789 | 5,878 | 6,479 | 6,806 | 8,166 | 10,979 | 12,348 | 13,685 | 15,635 | 16,505 |
| Fixed Assets | 2,389 | 2,415 | 2,859 | 2,849 | 2,849 | 2,786 | 3,308 | 3,370 | 4,019 | 5,384 | 6,317 | 6,941 | 7,062 |
| CWIP | 565 | 634 | 231 | 110 | 119 | 600 | 587 | 856 | 1,258 | 1,392 | 944 | 986 | 1,757 |
| Investments | 370 | 444 | 836 | 1,349 | 1,103 | 1,083 | 1,062 | 1,418 | 1,897 | 2,037 | 2,686 | 3,264 | 3,113 |
| Other Assets | 1,697 | 1,825 | 1,473 | 1,481 | 1,808 | 2,010 | 1,850 | 2,523 | 3,805 | 3,535 | 3,737 | 4,443 | 4,574 |
| Total Assets | 5,021 | 5,318 | 5,398 | 5,789 | 5,878 | 6,479 | 6,806 | 8,166 | 10,979 | 12,348 | 13,685 | 15,635 | 16,505 |
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.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 888.00 | 725.00 | 865.00 | 0.00 | -866.00 | -870.00 | -931.00 | 0.00 | 0.00 | -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.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59 | 56 | 43 | 40 | 39 | 36 | 45 | 48 | 48 | 42 | 56 | 52 |
| Inventory Days | 114 | 76 | 102 | 110 | 105 | 113 | 105 | 148 | 162 | 124 | 108 | 129 |
| Days Payable | 82 | 74 | 88 | 87 | 70 | 58 | 65 | 103 | 80 | 37 | 66 | 54 |
| Cash Conversion Cycle | 91 | 58 | 58 | 64 | 75 | 92 | 84 | 93 | 130 | 129 | 99 | 126 |
| Working Capital Days | 21 | -23 | -61 | -38 | 76 | 13 | -4 | 7 | -3 | -10 | -17 | -16 |
| ROCE % | 18% | 17% | 15% | 20% | 22% | 22% | 17% | 24% | 24% | 14% | 16% | 17% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Mid Cap Fund | 13,224,300 | 3.31 | 3053.36 | N/A | N/A | N/A |
| Parag Parikh Flexi Cap Fund | 4,189,074 | 0.75 | 967.22 | 4,189,074 | 2025-04-22 17:25:41 | 0% |
| SBI Large & Midcap Fund | 2,526,981 | 1.58 | 583.45 | N/A | N/A | N/A |
| Kotak Flexicap Fund | 1,700,000 | 0.69 | 392.51 | N/A | N/A | N/A |
| ICICI Prudential Large & Mid Cap Fund | 1,219,392 | 1.05 | 281.55 | 1,200,705 | 2025-12-15 00:17:39 | 1.56% |
| HDFC Large and Mid Cap Fund | 1,124,905 | 0.9 | 259.73 | N/A | N/A | N/A |
| Nippon India Growth Mid Cap Fund | 1,100,000 | 0.6 | 253.98 | N/A | N/A | N/A |
| ICICI Prudential Multi Asset Fund | 989,370 | 0.3 | 228.44 | 873,138 | 2025-12-15 00:17:39 | 13.31% |
| Franklin India Mid Cap Fund | 700,000 | 1.25 | 161.62 | N/A | N/A | N/A |
| SBI Multicap Fund | 675,114 | 0.65 | 155.88 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 85.61 | 76.12 | 54.70 | 74.25 | 60.91 |
| Diluted EPS (Rs.) | 85.61 | 76.12 | 54.70 | 74.25 | 60.91 |
| Cash EPS (Rs.) | 120.83 | 109.79 | 84.23 | 97.81 | 82.45 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 537.38 | 458.04 | 390.94 | 358.67 | 310.39 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 537.38 | 458.04 | 390.94 | 358.67 | 310.39 |
| Revenue From Operations / Share (Rs.) | 540.45 | 484.68 | 504.89 | 429.13 | 299.18 |
| PBDIT / Share (Rs.) | 155.01 | 139.92 | 106.24 | 126.57 | 102.57 |
| PBIT / Share (Rs.) | 119.80 | 106.25 | 76.71 | 103.02 | 81.03 |
| PBT / Share (Rs.) | 113.16 | 100.41 | 74.23 | 102.54 | 80.44 |
| Net Profit / Share (Rs.) | 85.62 | 76.12 | 54.70 | 74.26 | 60.92 |
| NP After MI And SOA / Share (Rs.) | 85.62 | 76.12 | 54.70 | 74.26 | 60.92 |
| PBDIT Margin (%) | 28.68 | 28.86 | 21.04 | 29.49 | 34.28 |
| PBIT Margin (%) | 22.16 | 21.92 | 15.19 | 24.00 | 27.08 |
| PBT Margin (%) | 20.93 | 20.71 | 14.70 | 23.89 | 26.88 |
| Net Profit Margin (%) | 15.84 | 15.70 | 10.83 | 17.30 | 20.36 |
| NP After MI And SOA Margin (%) | 15.84 | 15.70 | 10.83 | 17.30 | 20.36 |
| Return on Networth / Equity (%) | 15.93 | 16.61 | 13.99 | 20.70 | 19.62 |
| Return on Capital Employeed (%) | 20.29 | 20.48 | 16.47 | 25.71 | 25.00 |
| Return On Assets (%) | 10.58 | 10.75 | 8.56 | 13.07 | 14.41 |
| Long Term Debt / Equity (X) | 0.03 | 0.07 | 0.13 | 0.07 | 0.00 |
| Total Debt / Equity (X) | 0.31 | 0.34 | 0.44 | 0.36 | 0.16 |
| Asset Turnover Ratio (%) | 0.71 | 0.71 | 0.84 | 0.86 | 0.77 |
| Current Ratio (X) | 1.32 | 1.27 | 1.17 | 1.20 | 1.31 |
| Quick Ratio (X) | 0.89 | 0.90 | 0.67 | 0.68 | 0.81 |
| Inventory Turnover Ratio (X) | 6.71 | 2.94 | 2.94 | 3.07 | 3.12 |
| Dividend Payout Ratio (NP) (%) | 18.68 | 21.01 | 29.25 | 39.05 | 19.70 |
| Dividend Payout Ratio (CP) (%) | 13.24 | 14.57 | 18.99 | 29.65 | 14.55 |
| Earning Retention Ratio (%) | 81.32 | 78.99 | 70.75 | 60.95 | 80.30 |
| Cash Earning Retention Ratio (%) | 86.76 | 85.43 | 81.01 | 70.35 | 85.45 |
| Interest Coverage Ratio (X) | 23.35 | 23.96 | 42.75 | 267.40 | 174.22 |
| Interest Coverage Ratio (Post Tax) (X) | 13.90 | 14.04 | 23.01 | 157.87 | 104.47 |
| Enterprise Value (Cr.) | 52453.30 | 47822.37 | 40991.78 | 43811.10 | 33598.82 |
| EV / Net Operating Revenue (X) | 5.02 | 5.10 | 4.20 | 5.28 | 5.81 |
| EV / EBITDA (X) | 17.51 | 17.68 | 19.96 | 17.91 | 16.95 |
| MarketCap / Net Operating Revenue (X) | 4.72 | 4.78 | 3.87 | 4.98 | 5.65 |
| Retention Ratios (%) | 81.31 | 78.98 | 70.74 | 60.94 | 80.29 |
| Price / BV (X) | 4.74 | 5.06 | 4.99 | 5.96 | 5.45 |
| Price / Net Operating Revenue (X) | 4.72 | 4.78 | 3.87 | 4.98 | 5.65 |
| EarningsYield | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 |
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.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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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:
- 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.
- 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.
- 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.
- 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.
- 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.
- Stock P/E: 33.2 (Industry average Stock P/E: 48.9)
- 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.
- 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.
Stock Rating: - Net Profit Margin: 15.84%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Tyres & Tubes | B-66, Waluj MIDC, Waluj Industrial Area, Aurangabad Maharashtra 431136 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Arvind Poddar | Chairman & Managing Director |
| Mr. Rajiv Poddar | Joint Managing Director |
| Mr. Vipul Shah | Whole Time Director & Co. Secretary |
| Mrs. Vijaylaxmi Poddar | Non Exe.Non Ind.Director |
| Mr. Pannkaj Ghadiali | Ind. Non-Executive Director |
| Ms. Shruti Shah | Ind. Non-Executive Director |
| Mr. Laxmidas Merchant | Ind. Non-Executive Director |
| Mr. Rahul Dutt | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Balkrishna Industries Ltd?
Balkrishna Industries Ltd's intrinsic value (as of 08 January 2026) is ₹2281.28 which is 4.03% lower the current market price of ₹2,377.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹45,854 Cr. market cap, FY2025-2026 high/low of ₹2,916/2,152, 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 45,854 Cr..
What is the current Stock Price of Balkrishna Industries Ltd as on 08 January 2026?
The current stock price of Balkrishna Industries Ltd as on 08 January 2026 is ₹2,377.
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 ₹2,916/2,152.
What is the Stock P/E of Balkrishna Industries Ltd?
The Stock P/E of Balkrishna Industries Ltd is 33.2.
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 0.67 %.
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.