Market Data
Market Cap₹41,633.76 Cr.
52W High₹2,775
Current Price₹2,153.65
52W Low₹1,971.5
Down from 52W High22.4 %
Face Value₹2
Performance
ROCE13.21 %
ROE12.83 %
EPS (TTM)₹23.32
EPS Prev Qtr₹15.49
EPS Last Year₹14.13
EBITDA Qtr₹538.15 Cr.
Book Value₹567
Financial Health
Debt/Equity0.37
Debt/Profit2.92
Total Assets₹17,766.34 Cr.
Dividend Yield0.37 %
Promoter Holding58.29 %
Earning Power9.83 %
Valuation
Stock P/E29.62
Industry P/E24.79
Price to Book3.8
Price to Sales3.61
Graham Number₹962.91
Key Metrics
Debt/Equity
0.41
Dividend/Share
₹4
Face Value
₹2
Interest Coverage
31.21
About Balkrishna Industries Ltd
Automobile and Auto Components · Tyres
Balkrishna Industries Ltd is listed on NSE in the Automobile and Auto Components / Tyres sector. Face value ₹2. Market cap ₹41,633.76 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company has a strong promoter holding of 58.29%, indicating stable control.
- It demonstrates a healthy interest coverage ratio of 31.21, suggesting robust earnings relative to interest obligations.
- The company maintains a conservative debt-to-equity ratio of 0.37, reflecting prudent leverage management.
- With a ROCE of 13.21%, the company efficiently utilizes capital to generate returns.
- The company reported a net profit of ₹1405.57 Cr on revenue of ₹11518.33 Cr, showing profitability.
Weaknesses
- The P/E ratio of 29.78 may indicate that the stock is relatively expensive compared to earnings.
- The dividend yield is low at 0.37%, which might not attract income-focused investors.
- The P/B ratio of 3.82 suggests that the market values the company at a premium over its book value.
- ROE of 12.83% may be considered moderate and could be compared favorably with industry peers for better assessment.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| MRF Ltd | - | 21.68 | ₹52,370.02 Cr | 0.19% | ₹2,417.84 Cr | - | ₹31,888.87 Cr | - | 15.23% | 0.11 |
| Balkrishna Industries Ltd | - | 29.62 | ₹41,633.76 Cr | 0.37% | ₹1,405.57 Cr | - | ₹11,518.33 Cr | - | 13.21% | 0.37 |
| Apollo Tyres Ltd | - | 14.44 | ₹24,746.71 Cr | 1.54% | ₹1,708.41 Cr | - | ₹29,307.63 Cr | - | 10.9% | 0.16 |
| CEAT Ltd | - | 22.42 | ₹13,248.42 Cr | 1.07% | ₹567.21 Cr | - | ₹16,466.7 Cr | - | 15.56% | 0.59 |
| JK Tyre & Industries Ltd | - | 14.58 | ₹9,739.86 Cr | 1.18% | ₹662.07 Cr | - | ₹16,403.95 Cr | - | 12.04% | 0.78 |
| TVS Srichakra Ltd | - | 37.29 | ₹3,444.87 Cr | 0.84% | ₹92.25 Cr | - | ₹3,891.55 Cr | - | 8.54% | 0.74 |
| Goodyear India Ltd | - | 30.01 | ₹1,617.65 Cr | 3.78% | ₹53.9 Cr | - | ₹2,594 Cr | - | 13.11% | 0 |
| Tolins Tyres Ltd | - | 10.58 | ₹343.13 Cr | - | ₹32.57 Cr | - | ₹316.65 Cr | - | 12.17% | 0.05 |
| Dolfin Rubbers Ltd | - | 27.16 | ₹168.65 Cr | - | ₹6.22 Cr | - | ₹182.09 Cr | - | 17.08% | 0.54 |
| Tirupati Innovar Limited | - | 320 | ₹15.64 Cr | - | ₹0.65 Cr | - | ₹142.73 Cr | - | 1.48% | 0.08 |
| Emerald Tyre Manufacturers Ltd | - | - | - | - | - | - | - | - | - | 0.81 |
| Innovative Tyres & Tubes Ltd | - | - | - | - | - | - | - | - | - | -2.14 |
| Viaz Tyres Ltd | - | - | - | - | - | - | - | - | - | 0.35 |
Quarterly Results
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 2,393.45 | 2,736.79 | 2,932.82 | 3,455.27 |
| ↳ QoQ Growth | - | +14.3% | +7.2% | +17.8% |
| Expenses | 2,074.81 | 2,289.09 | 2,491.72 | 2,917.12 |
| Operating Profit | 318.64 | 447.7 | 441.1 | 538.15 |
| OPM % | 13.31% | 16.36% | 15.04% | 15.57% |
| Other Income | 71.2 | 77.41 | -3.92 | 99.67 |
| Interest | 32.54 | 34.05 | 36.24 | 36.77 |
| Depreciation | 192.59 | 195.34 | 198.86 | 206.25 |
| EBITDA | 511.23 | 643.04 | 639.96 | 744.4 |
| EBITDA Margin % | 21.36% | 23.5% | 21.82% | 21.54% |
| Profit Before Tax | 357.3 | 491.06 | 400.94 | 601.05 |
| Tax % | 23.54% | 22.18% | 25.31% | 25% |
| Net Profit | 273.19 | 382.15 | 299.46 | 450.77 |
| ↳ QoQ Growth | - | +39.9% | -21.6% | +50.5% |
| EPS | 14.13 | 19.77 | 15.49 | 23.32 |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 38.66 | 38.66 |
| Reserves | 10348.94 | 10916.63 |
| Borrowings | 3267.45 | 4105.56 |
| Other Liabilities | 1979.61 | 2705.49 |
| Total Liabilities | 15634.66 | 17766.34 |
| Fixed Assets | 6937.31 | 7353.78 |
| CWIP | 985.95 | 2472.46 |
| Investments | 3264.35 | 3179.57 |
| Other Assets | 4447.05 | 4760.53 |
| Total Assets | 15634.66 | 17766.34 |
Cash Flows
| Mar 2026 | |
|---|---|
| Cash from Operating Activity | 2249.32 |
| Cash from Investing Activity | -2522.98 |
| Cash from Financing Activity | 254.24 |
| Net Cash Flow | -19.42 |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 58.29% | 58.29% | 58.29% | 58.29% |
| FIIs % | 10.7% | 11% | 11.13% | 10.32% |
| DIIs % | 24.69% | 24.42% | 24.26% | 24.61% |
| Public % | 5.15% | 5.13% | 5.19% | 5.28% |
| No. of Shareholders | 1,23,406 | 1,23,337 | 1,20,740 | 1,22,372 |
Major Shareholders (>1%)
- Rajiv PoddarPromoter and Promoter Group27.71%
- Vkp Enterprises LlpPromoter and Promoter Group24.95%
- Hdfc Mutual Fund - Hdfc Multi Cap FundPublic Shareholding9.54%
- Life Insurance Corporation Of India - Ulif00420091Public Shareholding4.28%
As of 2026-06-30View all shareholders →