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NSE:BALKRISIND

BALKRISHNA IND. LTD

Automobile and Auto Components › Auto Components·NIFTY 500NIFTY LARGEMIDCAP 250NIFTY MIDCAP 150NIFTY MIDSMALLCAP 400+4
₹2,095.80
at close · 28 Oct 2026
▼ 40.10 (-1.88%)

Latest filings

  1. BKT-Pirelli deal targets 800,000 tyres a year by 2030 · Investor Communications
  2. Audio recording of business update call now available on company website · Investor Communications
  3. Depository compliance certificates filed for September 2026 quarter · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes off-highway tyres (OHT) and sells them in India and across more than 125 countries, with exports contributing over 65% of FY26 revenue of Rs 10,823 cr. The main business is off-highway tyres; FY26 annual volumes reached 317,356 MT. The company also runs a carbon black business that supplies its own tyre plants alongside external sales. It has begun moving into on-highway tyres — truck/bus radials (TBR), two-wheelers, and passenger car radials (PCR) — with a stated Rs 5,000 cr on-highway revenue target by 2030. Materials are the largest input cost at 47.5% of revenue, with freight running at 4.5-5% of revenue. FY27 capex is guided at Rs 1,500-1,800 cr within a Rs 6,800 cr programme through 2030, alongside a Rs 23,000 cr revenue and 8% global OHT market share ambition.

Operating scale
Off-highway tyre volumes, Q1 FY27
93,770 MTQ1 FY27
Carbon Black capacity
360,000 TPAFY27
Captive power capacity
64 MWFY27
TBR Phase 2 capacity
3,800 tyres/dayFY27
PCR launch capacity
6,700 tyres/dayend-CY26
On-highway distributor count
90 distributorsFY26
Who pays it
Distributors and OEMs across 125+ countries for OHT; 90 distributors onboarded for the new on-highway segment in India
Biggest cost
Raw materials at 47.5% of FY26 revenue, with freight at 4.5-5% of revenue
Kind of business
Asset-heavy, globally exporting tyre manufacturer with exposure to commodity raw material prices and currency
Where it sits
Targets 8% of global OHT market share and Rs 23,000 cr revenue by 2030, vs FY26 revenue of Rs 10,823 cr
Market Cap
₹40,512 Cr
P / E (TTM)
28.8×
EV / EBITDA
16.0×
Div Yield
0.76%
Growth
13.4%▲
Revenue 5y CAGR
PAT +1.1% · EBITDA +5.2%
Quality
20.3%▲
ROCE (5y median)
ROE 15.9% (5y median) · margin 23.6%
Leverage
0.37·
Debt / Equity · low
Net debt ₹4,045 Cr
Revenue FY21→FY26
1.9×▲
Margin −8.9 pts
₹5,783 Cr → ₹10,823 Cr
Cash conversion
1.23×▲
Operating cash ÷ profit · 5 yrs
₹8,452 Cr on ₹6,862 Cr
Moves on a normal day
0.99%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 16 Tyres & Rubber Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#9/13
P/B#13/16
ROCE#5/17
ROE#6/16
Debt / Equity#8/16
EBITDA margin#1/16
Revenue growth#3/15
Profit growth#6/16

Scorecard

Measured from the filed financials, judged against its Tyres & Rubber Products peers · as of FY26 — not investment advice

Strengths
Revenue compounding 13% a year over 5 years
Returns on capital 20.3% (5-year median)
#5 of 17 in Tyres & Rubber Products on the latest reported figures · down from 25.0% in FY21
Over 5 years it reported ₹6,862 Cr of profit and ₹8,452 Cr of operating cash — 1.23×
Profit is converting into cash
Pays out 25% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

BALKRISIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from BALKRISHNA IND. LTD's filed financials and exchange disclosures

What does BALKRISHNA IND. LTD do?

BALKRISHNA IND. LTD is a Auto Components company listed on NSE and BSE, trading under the symbol BALKRISIND.

Is BALKRISHNA IND. LTD profitable?

Yes. Over the trailing twelve months BALKRISHNA IND. LTD reported a net profit of ₹1,406 Cr on revenue of ₹11,518 Cr.

Does BALKRISHNA IND. LTD pay a dividend?

Yes. The dividend yield is 0.76% at the current price. It paid out 25% of its profit as dividend in FY26.

Is BALKRISHNA IND. LTD debt-free?

No. It reported borrowings of ₹4,106 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹4,045 Cr after cash. Debt stands at 0.37× equity. That is lower than 53% of its 16 Tyres & Rubber Products peers.

Is BALKRISHNA IND. LTD expensive compared with its peers?

On trailing P/E, BALKRISHNA IND. LTD ranks 9 of 13 in Tyres & Rubber Products — cheaper than 33% of them, against an industry median of 25.6×. This is a position, not a valuation judgement.

How much does the BALKRISHNA IND. LTD share price move in a day?

On a typical session BALKRISHNA IND. LTD moves 0.99% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track BALKRISHNA IND. LTD's announcements?

Every NSE and BSE filing by BALKRISHNA IND. LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.