The Board recommended payment of Final Dividend for year ended 31.03.2026.
BALKRISIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts less than Nifty Midcap 150 and 2.1 pts less than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Balkrishna Industries (BKT Tires) Board has recommended a final dividend of Rs. 4 per equity share (200% on Rs. 2 face value) for FY26, subject to shareholder approval at the 64th AGM. The company reported standalone revenue of Rs. 10,820 Crores, up 4% from Rs. 10,413 Crores in FY25. However, profit after tax declined significantly to Rs. 1,222 Crores from Rs. 1,628 Crores (down 25%), and EPS dropped from Rs. 84.23 to Rs. 63.20. The company also approved an additional capex of Rs. 2,000 Crores for capacity expansion and issued NCDs worth Rs. 750 Crores during Q4 FY26. The dividend payout appears maintained at the same rate despite lower profits.
Dividend maintenance signals management confidence, but declining profitability and increased debt for capex may weigh on near-term sentiment. Investors should monitor if profit recovery occurs in FY27 to support the dividend sustainability.