Balkrishna Industries Limited, Fundamental analysis

Balkrishna Industries Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Tyres
Variance Full Year Net Profit Variance	-28
Equity Latest Equity	38.66
Face Value Latest Face Value	2
Reserves Total Reserve	10916.63
Dividend Full Year Dividend %	800
Sales Turnover Full Year Net Sales	10823.08
Net Profit Full Year Net Profit	1030.81
Full Year CPS Full Year Cash Per Share	93.4
Earning Per Share Full Year Earning Per Share	53.3
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Jun 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	3455.27
Previous EPS Previous earnings per share	0
Book Value Book value	566.7
Networth Full Year Return on Networth	9.66
Price/Book Value Price to Book value	4.400918
Yearly PE ratio Full Year Price to Earning per share	46.8
Yearly PC ratio Full Year Price to Cash Per Share	26.7
Bse value BSE Value in lakhs	4314.23
Nse value NSE Value in lakhs	13469.97
High 52 week high	2775
Low 52 week low	1972
Price NSE Current market price	2492
CPM Current market price	2494

Market cap BSE / NSE Market Cap	48207.51
Net profit Latest Quarter Net Profit	450.77
Net profit variance Latest Quarter Net Profit variance	56
Result year Trailing latest month	Jun 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	10090.57
TTM OP Trailing Twelve 12 month Operating Profit	2465.12
TTM OPM Trailing Twelve 12 month Operating Profit Margin	24.43
TTM GP Trailing Twelve 12 month Gross Profit	2643.39
TTM GPM Trailing Twelve 12 month Gross Profit Margin	22.95
TTM NP Trailing Twelve 12 month Net Profit	1629.1
TTM NPV Trailing Twelve 12 month Net Profit Variane	-3.28
TTM EPS Trailing Twelve 12 month EPS	72.71
TTM PE Trailing Twelve 12 month PE	34.3
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	664.84
Equity Latest Equity	38.66
LTP Latest Price (BSE/NSE)	2494
Gross block Latest Gross Block	12527.42
Loans Total loans	3618.01
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	19.7
Year GPM Full Year Gross Profit Margin	20.8
Quarter OPM Latest quater Operation Profit Margin	21.5

Quarterly Results (consolidated, figures in Rs Cr.)

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Sales	2,420	2,560	2,752	2,760	2,393	2,737	2,933	3,455
YOY Sales Growth %	7%	13%	3%	2%	-1%	7%	7%	25%
Gross Sales	2,420	2,560	2,752	2,760	2,393	2,737	2,933	3,455
+ Expenses	1,840	1,960	2,139	2,254	1,882	2,094	2,293	2,711
Material Cost %	47%	52%	47%	44%	46%	49%	54%	60%
Raw Material Cost	1,129	1,264	1,317	1,251	1,108	1,313	1,469	1,861
Change in Inventory	4	68	-26	-50	-6	24	112	214
Manufacturing Cost %	23%	23%	22%	28%	25%	23%	25%	23%
Employee Cost %	5%	6%	5%	5%	6%	5%	5%	5%
Other Cost %	1%	-4%	3%	5%	2%	-0%	-6%	-10%
Raw Materials %	47%	49%	48%	45%	46%	48%	50%	54%
Purchase of Finished Goods %	1%	1%	1%	1%	2%	1%	2%	2%
Stock Adjustments %	-0%	-3%	1%	2%	0%	-1%	-4%	-6%
Other Manufacturing Expenses %	23%	23%	22%	28%	25%	23%	25%	23%
Operating Profit	580	601	614	506	511	643	640	744
OPM %	24%	23%	22%	18%	21%	23%	22%	22%
+ Other Income	91	187	99	107	71	77	-4	100
Miscellaneous Income	91	187	99	107	71	77	-4	100
Interest	41	16	50	31	33	34	36	37
Depreciation	166	173	178	188	193	195	199	206
Profit before tax	463	600	485	394	357	491	401	601
+ Tax %	25%	25%	24%	27%	24%	22%	25%	25%
Current Tax	103	141	92	100	78	100	109	131
Deferred Tax	12	9	25	6	6	9	-8	19
+ Net Profit	347	449	369	288	273	382	299	451
Net Profit After Minority Interest	347	449	369	288	273	382	299	451
EPS in Rs	17.95	23.25	19.06	14.91	14.13	19.77	15.49	23.32

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Sales	3,780	4,461	5,210	4,811	5,783	8,295	9,760	9,369	10,447	10,823
Sales Growth %		18%	17%	-8%	20%	43%	18%	-4%	12%	4%
Gross Sales	3,785	4,464	5,213	4,811	5,783	8,295	9,760	9,369	10,447	10,823
Excise Duty	57	17	0	0	0	0	0	0	0	0
+ Expenses	2,652	3,358	3,909	3,540	3,973	6,286	8,052	7,114	7,989	8,523
Material Cost %	42%	48%	47%	44%	40%	46%	50%	48%	48%	48%
Raw Material Cost	1,585	2,194	2,504	2,080	2,455	4,035	4,910	4,524	5,121	5,307
Change in Inventory	-5	-51	-60	59	-144	-258	5	-33	-61	-80
Manufacturing Cost %	10%	11%	11%	9%	10%	9%	9%	16%	16%	13%
Employee Cost %	7%	6%	6%	7%	6%	5%	5%	5%	5%	6%
Other Cost %	12%	10%	12%	13%	13%	16%	18%	7%	7%	12%
Raw Materials %	42%	49%	48%	43%	42%	49%	50%	48%	49%	49%
Purchase of Finished Goods %	0%	1%	1%	1%	1%	1%	1%	1%	1%	2%
Stock Adjustments %	0%	1%	1%	-1%	2%	3%	-0%	0%	1%	1%
Power & Fuel %	3%	4%	4%	3%	3%	3%	4%	3%	3%	3%
Other Manufacturing Expenses %	6%	7%	7%	6%	7%	6%	5%	12%	13%	11%
Selling & Administration %	9%	9%	11%	12%	12%	15%	18%	6%	6%	8%
Miscellaneous Expenses %	1%	1%	1%	1%	1%	1%	1%	1%	1%	3%
Freight Charges %	0%	0%	0%	0%	0%	0%	0%	3%	0%	0%
Operating Profit	1,128	1,103	1,301	1,271	1,810	2,009	1,707	2,255	2,458	2,300
OPM %	30%	25%	25%	26%	31%	24%	17%	24%	24%	21%
+ Other Income	254	340	218	251	172	438	347	449	539	252
Miscellaneous Income	172	197	58	209	172	438	434	449	539	252
Gain on Forex Transaction	78	139	160	42	0	0	0	0	0	0
Interest	22	15	12	11	12	9	48	113	129	134
Depreciation	304	311	333	374	416	455	571	651	681	775
Profit before tax	1,056	1,118	1,176	1,140	1,555	1,982	1,435	1,941	2,187	1,644
+ Tax %	32%	34%	34%	16%	24%	28%	26%	24%	24%	24%
Current Tax	297	370	394	294	371	522	351	411	478	388
Deferred Tax	45	10	9	-114	6	25	26	58	55	13
+ Net Profit	716	739	772	960	1,178	1,435	1,057	1,471	1,655	1,243
Profit Growth %		3%	4%	24%	23%	22%	-26%	39%	12%	-25%
Net Profit After Minority Interest	717	736	774	960	1,178	1,435	1,057	1,471	1,655	1,243
EPS in Rs	73.05	38.06	40.02	49.65	60.92	74.26	54.70	76.12	85.62	64.31

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	19	39	39	39	39	39	39	39	39	39
Reserves	3,524	4,045	4,615	4,970	5,961	6,894	7,518	8,815	10,349	10,917
+ Borrowings	1,391	867	871	932	1,001	2,529	3,347	3,099	3,267	4,111
Secured Borrowings	794	648	869	929	999	211	625	600	604	493
Unsecured Borrowings	597	219	3	3	2	2,318	2,721	2,500	2,663	3,618
+ Other Liabilities	855	927	954	866	1,166	1,517	1,444	1,731	1,980	2,700
Current Liabilities	836	909	928	833	1,118	1,459	1,287	1,619	1,824	2,207
Provisions	6	7	8	4	5	4	7	4	5	6
Other liability items	28	30	43	60	60	58	157	126	172	513
Total Liabilities	5,789	5,878	6,479	6,806	8,166	10,979	12,348	13,685	15,635	17,766
+ Fixed Assets	2,849	2,849	2,786	3,308	3,370	4,019	5,384	6,317	6,941	7,409
Gross Block	3,438	3,748	4,017	4,913	5,389	6,493	8,402	9,981	11,278	12,527
Accumulated Depreciation	590	899	1,231	1,605	2,019	2,474	3,018	3,664	4,337	5,118
CWIP	110	119	600	587	856	1,258	1,392	944	986	2,472
Investments	1,349	1,103	1,083	1,063	1,418	1,897	2,037	2,686	3,264	3,124
+ Other Assets	1,481	1,808	2,010	1,850	2,523	3,805	3,535	3,737	4,443	4,761
Inventories	476	619	759	616	940	1,672	1,667	1,332	1,782	1,808
Trade receivables	412	480	517	590	754	1,096	1,115	1,445	1,495	1,447
Cash Equivalents	25	33	66	69	75	52	76	80	86	65
Loans n Advances	380	413	382	322	331	390	294	452	522	527
Other asset items	189	263	286	253	423	595	382	428	558	914
Total Assets	5,789	5,878	6,479	6,806	8,166	10,979	12,348	13,685	15,635	17,766

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Cash from Operating Activity	847	750	820	1,173	1,339	908	1,448	2,082	1,764	2,249
Profit from Operations	1,274	1,358	1,428	1,416	1,815	2,195	1,977	2,352	2,696	2,450
Working Capital Changes	-111	-215	-193	54	-125	-829	-187	154	-449	192
Profit Before Tax & Extraordinary Items	1,059	1,116	1,177	1,140	1,555	1,982	1,435	1,941	2,187	1,644
Depreciation	304	311	333	374	416	455	571	651	681	775
Interest (Net)	8	7	5	-14	-29	-32	12	65	65	87
Profit / Loss on Sale of Assets	-1	0	3	0	1	-1	-2	-10	-8	-1
Profit / Loss on Sale of Investments	-97	-24	-32	117	-47	-100	18	-172	-89	-80
Provisions & Write-offs (Net)	9	14	22	12	0	-1	3	0	0	0
Profit / Loss in Forex	14	-18	-15	-9	-28	-48	69	-65	-21	108
Receivables	-79	-142	-5	68	-61	-351	143	-228	105	2
Inventories	-78	-143	-140	143	-324	-732	5	336	-450	-27
Trade Payables	47	74	-36	-154	261	240	-333	45	-103	214
Direct Taxes Paid	-313	-387	-408	-288	-351	-458	-343	-424	-483	-393
+ Cash from Investing Activity	-563	-92	-636	-678	-1,173	-1,897	-1,783	-1,475	-1,480	-2,523
Purchase of Fixed Assets	-185	-420	-740	-784	-926	-1,595	-1,762	-1,099	-1,483	-3,003
Sale of Fixed Assets	4	9	5	1	3	6	10	17	35	5
Purchase of Investments	-2,542	-1,182	-1,157	-2,304	-1,664	-2,667	-198	-2,619	-2,776	-2,787
Sale of Investments	2,129	1,490	1,249	2,394	1,378	2,316	110	2,177	2,600	3,150
Interest Received	15	7	7	15	35	41	38	47	66	55
Dividend Received	0	0	0	0	0	0	17	0	79	57
Others	16	5	0	1	1	1	2	1	0	0
+ Cash from Financing Activity	-589	-654	-165	-495	-158	980	359	-601	-279	254
Proceeds from Other Long-Term Borrowings	89	183	643	465	629	3,335	3,921	2,944	2,461	3,657
Proceeds from Short-Term Borrowings	83	0	137	268	0	0	325	0	1,329	0
Repayment of Long-Term Borrowings	-674	-670	-759	-705	-421	-1,692	-3,536	-2,799	-3,647	-2,386
Repayment of Short-Term Borrowings	0	-31	0	0	-122	-93	0	-336	0	-597
Repayment of Financial Liabilities	0	0	0	-1	-1	0	0	0	0	-1
Dividend Paid	-64	-121	-174	-513	-232	-560	-309	-309	-310	-309
Interest Paid	-23	-14	-11	-9	-11	-9	-42	-102	-113	-109
Net Cash Flow	-306	4	20	1	8	-9	23	5	6	-19