Share Price and Basic Stock Data
Last Updated: January 29, 2026, 10:13 am
| PEG Ratio | -44.10 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Balkrishna Industries Ltd, a key player in the Tyres & Tubes industry, reported a market capitalization of ₹46,583 Cr and a current share price of ₹2,410. The company has demonstrated consistent revenue growth, with sales figures rising from ₹8,295 Cr in FY 2022 to ₹9,760 Cr in FY 2023. For FY 2024, sales stood at ₹9,369 Cr, while the trailing twelve months (TTM) revenue reached ₹10,466 Cr, indicating robust demand. Quarterly sales data shows a strong performance in the latest quarter (Sep 2023) at ₹2,253 Cr, up from ₹2,166 Cr in Dec 2022. The highest quarterly sales were recorded in Mar 2025 at ₹2,752 Cr, suggesting an upward trend. This growth is supported by a solid operational framework, as evidenced by the company’s operational profit margin (OPM) of 21% and a net profit of ₹1,380 Cr, indicating effective cost management and a strong market position.
Profitability and Efficiency Metrics
Balkrishna Industries has showcased impressive profitability metrics, with a return on equity (ROE) of 15.8% and a return on capital employed (ROCE) of 16.7%. The OPM has been consistent, reported at 21% overall, with quarterly peaks of 25% in Mar 2024. The company’s net profit margin stood at 15.84% in FY 2025, reflecting effective management of both revenue and expenses. The interest coverage ratio (ICR) is notably strong at 23.35x, indicating the company’s ability to service its debt comfortably. However, the cash conversion cycle (CCC) is reported at 126 days, which is higher than typical sector averages, suggesting potential inefficiencies in inventory management or receivables collection. The combination of high profitability and manageable operational efficiency positions Balkrishna well against its competitors, but attention to inventory and receivables could further enhance its operational performance.
Balance Sheet Strength and Financial Ratios
Balkrishna Industries maintains a robust balance sheet, with total assets amounting to ₹15,635 Cr and reserves of ₹10,401 Cr as of FY 2025. The company’s borrowings stood at ₹3,682 Cr, reflecting a manageable debt level with a total debt to equity ratio of 0.31, which is lower than typical industry benchmarks. The book value per share has increased to ₹537.38, indicating a solid foundation for shareholder equity. The company has also reported significant growth in cash earnings, with cash EPS rising to ₹120.83 in FY 2025. The dividend payout ratio has been consistent, recorded at 18.68% for FY 2025, which reflects a balanced approach to returning value to shareholders while retaining sufficient earnings for growth. Overall, these financial ratios indicate that Balkrishna Industries is well-positioned to sustain its growth trajectory while maintaining financial stability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Balkrishna Industries reveals strong promoter confidence, with promoters holding 58.30% of the equity. Foreign institutional investors (FIIs) accounted for 10.70% of the holdings, while domestic institutional investors (DIIs) held 24.55%, indicating a healthy interest from institutional investors. Over the past year, the number of shareholders has fluctuated, currently standing at 1,23,406. The slight decline in FIIs from 12.45% in Dec 2022 to 10.70% in Sep 2025 may raise concerns; however, the consistent DII ownership reflects ongoing institutional confidence. The public shareholding has remained stable at 6.31%, which is relatively low compared to sector averages, suggesting a concentrated ownership structure. This stability in ownership aligns with the company’s performance and can be seen as a positive indicator of long-term investor confidence.
Outlook, Risks, and Final Insight
Balkrishna Industries is poised for continued growth, driven by robust operational metrics and a strong market position. However, risks such as potential supply chain disruptions and fluctuations in raw material costs could impact profitability. The higher cash conversion cycle may also pose challenges to liquidity management. To mitigate these risks, the company could focus on improving inventory turnover and enhancing receivables collection processes. Additionally, maintaining strong relationships with institutional investors will be crucial to support future capital needs. If the company can streamline its operational efficiencies and navigate external challenges effectively, it stands to enhance its competitive advantage in the tyre industry. Overall, Balkrishna Industries presents a compelling investment case with solid fundamentals, albeit with a need for vigilance regarding operational efficiency and market conditions.
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 | 1,823 Cr. | 790 | 1,071/777 | 43.9 | 249 | 3.02 % | 13.0 % | 9.31 % | 10.0 |
| TVS Srichakra Ltd | 3,118 Cr. | 4,070 | 4,788/2,430 | 128 | 1,508 | 0.41 % | 5.36 % | 2.35 % | 10.0 |
| JK Tyre & Industries Ltd | 14,378 Cr. | 499 | 529/232 | 26.3 | 191 | 0.60 % | 12.8 % | 11.1 % | 2.00 |
| CEAT Ltd | 14,787 Cr. | 3,656 | 4,438/2,322 | 23.7 | 1,130 | 0.81 % | 15.4 % | 11.8 % | 10.0 |
| Balkrishna Industries Ltd | 45,923 Cr. | 2,376 | 2,916/2,152 | 35.0 | 540 | 0.66 % | 16.7 % | 15.8 % | 2.00 |
| Industry Average | 18,554.00 Cr | 1,980.67 | 46.78 | 643.83 | 1.09% | 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 | 3067.64 | N/A | N/A | N/A |
| Parag Parikh Flexi Cap Fund | 4,189,074 | 0.73 | 971.74 | 4,189,074 | 2025-04-22 17:25:41 | 0% |
| SBI Large & Midcap Fund | 2,546,345 | 1.58 | 590.68 | 2,526,981 | 2026-01-25 05:09:56 | 0.77% |
| Kotak Flexicap Fund | 1,700,000 | 0.7 | 394.35 | N/A | N/A | N/A |
| ICICI Prudential Large & Mid Cap Fund | 1,219,392 | 1.02 | 282.86 | 1,200,705 | 2025-12-15 00:17:39 | 1.56% |
| HDFC Large and Mid Cap Fund | 1,124,905 | 0.9 | 260.94 | N/A | N/A | N/A |
| Nippon India Growth Mid Cap Fund | 1,100,000 | 0.61 | 255.17 | N/A | N/A | N/A |
| ICICI Prudential Multi Asset Fund | 926,900 | 0.28 | 215.01 | 989,370 | 2026-01-25 05:09:56 | -6.31% |
| HDFC Multi Cap Fund | 812,866 | 0.95 | 188.56 | N/A | N/A | N/A |
| Franklin India Mid Cap Fund | 700,000 | 1.27 | 162.38 | 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: 35 (Industry average Stock P/E: 46.78)
- 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 29 January 2026) is ₹2385.65 which is 0.41% higher the current market price of ₹2,376.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹45,923 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 45,923 Cr..
What is the current Stock Price of Balkrishna Industries Ltd as on 29 January 2026?
The current stock price of Balkrishna Industries Ltd as on 29 January 2026 is ₹2,376.
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 35.0.
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 0.66 %.
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.