Balkrishna Industries Ltd.

NSE: BALKRISIND · Automobile and Auto Components

₹2,410.00+0.34%06 Nov 2026

Ask the data

Instant answers about Balkrishna Industries Ltd. — computed from its filings, no language model

Market cap₹46,585 cr

Current price₹2,410.00

High / Low₹2,716 / ₹1,974

P/E31.0

P/B3.99

Book value₹603.4

ROE12.9%

ROCE11.6%

Debt / equity0.52

Dividend yield0.66%

EPS (TTM)₹77.74

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	4,811	5,783	8,295	9,760	9,369	10,447	10,823
EBITDA	1,271	1,810	2,009	1,707	2,255	2,458	2,300
Operating margin	26.4%	31.3%	24.2%	17.5%	24.1%	23.5%	21.3%
Interest	9	11	9	48	113	128	134
Depreciation	374	416	455	571	651	681	775
Profit before tax	1,140	1,555	1,982	1,435	1,941	2,187	1,644
Tax	180	377	547	377	470	532	401
Net profit	0	0	0	0	0	1,843	877
EPS ₹	49.64	60.91	74.25	54.70	76.12	85.61	64.30
Operating cash flow	—	—	908	1,448	2,083	1,764	2,249
Capex	—	—	2,667	1,762	1,099	1,483	3,003
Dividend paid	—	—	560	309	309	310	309
Total assets	6,806	8,166	10,979	12,348	13,685	15,635	17,766
Equity	5,008	6,000	6,933	7,557	8,854	10,388	10,955

Quarterly performance

last 29 quarters · ₹ crore

showing latest 8 of 29 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25*	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,199	1,084	1,156	1,372	943	1,578	1,509	1,753	1,803	2,072	2,046	2,374	2,658	2,166	2,317	2,159	2,253	2,274	2,682	2,714	2,420	2,560	192	2,760	2,393	2,737	2,933	3,455	3,472
Operating profit	268	273	346	384	240	540	480	550	511	538	457	503	426	269	480	501	533	541	681	664	580	601	13	506	511	643	640	744	634
Operating margin	22.4%	25.2%	29.9%	28.0%	25.5%	34.2%	31.8%	31.4%	28.4%	26.0%	22.3%	21.2%	16.0%	12.4%	20.7%	23.2%	23.6%	23.8%	25.4%	24.4%	24.0%	23.5%	6.7%	18.3%	21.4%	23.5%	21.8%	21.5%	18.2%
Other income	74	81	31	65	36	20	55	61	82	133	113	109	227	45	57	106	107	66	171	162	90	187	-88	107	71	77	-4	100	44
Interest	2	2	2	2	3	4	2	3	2	2	2	3	5	14	26	22	24	36	31	22	41	16	34	31	33	34	36	37	67
Depreciation	85	92	96	101	102	104	105	106	107	111	118	120	137	149	156	155	160	161	174	163	166	173	6	188	193	195	199	206	220
Profit before tax	255	260	278	346	172	452	428	503	484	558	450	490	511	151	355	430	456	409	647	640	463	600	-115	394	357	491	401	601	389
Tax	78	-35	54	82	41	111	102	123	153	167	111	116	129	43	95	98	108	104	160	150	116	150	-34	106	84	109	101	150	97
Net profit	0	0	0	0	0	0	325	0	0	0	0	0	0	0	0	0	0	305	0	490	0	596	-48	73	273	382	257	629	235
EPS ₹	9.15	15.22	11.58	13.69	6.81	17.64	16.82	19.65	17.10	20.23	17.53	19.39	19.77	5.61	13.44	17.17	17.97	15.80	25.18	25.35	17.95	23.25	-4.19	14.91	14.13	19.77	15.49	23.32	15.13
Revenue YoY	—	—	—	—	-21.4%	45.5%	30.6%	27.8%	91.3%	31.3%	35.6%	35.4%	28.2%	5.9%	-2.4%	—	-15.2%	5.0%	15.7%	25.7%	7.4%	12.6%	-92.8%	1.7%	-1.1%	6.9%	1427.1%	25.2%	45.1%
Profit YoY	—	—	—	—	—	—	—	—	—	—	-100.0%	—	—	—	—	—	—	—	—	—	—	95.1%	—	-85.0%	—	-35.9%	—	756.5%	-14.0%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Balkrishna Industries Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,262	1,394	2,003	2,810	3,202	3,577	3,696	3,242	3,774	4,465	5,244
Operating profit	254	379	360	502	656	878	1,002	916	1,101	1,107	1,308
Operating margin	20.1%	27.2%	18.0%	17.9%	20.5%	24.5%	27.1%	28.3%	29.2%	24.8%	24.9%
Other income	2	5	9	1	13	30	11	246	280	336	214
Interest	37	19	21	13	45	25	46	34	21	13	—
Depreciation	57	66	74	83	108	165	239	281	304	311	333
Profit before tax	109	314	275	398	535	718	728	847	1,056	1,118	1,183
Tax	38	105	89	130	179	229	239	279	341	379	401
Net profit	70	209	186	269	356	488	490	568	715	739	782

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	267	260	306	297	321	321	323	303	302	346	443	458	475	495	576	584	678	759	789	831	887	705	779	816	840	884	1,037	961	881	960	893	826	787	750	880	928	947	897	1,003	1,013	1,114	1,106	1,232	1,362	1,325	1,206	1,351
Operating profit	59	71	53	71	57	60	66	89	92	87	111	91	90	87	92	106	119	144	134	157	187	156	156	179	202	229	268	239	207	264	292	246	248	184	239	260	307	278	255	216	305	290	296	354	333	301	320
Operating margin	22.3%	27.2%	17.3%	23.9%	17.7%	18.6%	20.5%	29.3%	30.6%	25.2%	25.0%	20.0%	18.9%	17.6%	16.0%	18.1%	17.5%	18.9%	17.1%	18.9%	21.1%	22.1%	20.0%	21.9%	24.1%	25.9%	25.8%	24.8%	23.5%	27.5%	32.7%	29.8%	31.5%	24.5%	27.2%	28.0%	32.5%	31.0%	25.5%	21.3%	27.4%	26.2%	24.0%	26.0%	25.1%	25.0%	23.7%
Other income	1	1	1	1	0	0	0	0	0	0	4	0	1	1	6	0	0	0	1	1	1	0	11	17	4	5	3	1	1	3	6	52	11	101	82	52	104	63	62	92	82	78	84	82	91	1	40
Interest	8	5	8	8	10	10	10	5	5	4	4	3	3	11	4	3	5	5	0	6	20	19	0	6	6	6	8	12	15	11	8	9	8	9	8	7	5	5	5	5	3	2	3	—	2	2	2
Depreciation	12	11	13	12	14	15	16	16	16	17	18	18	19	19	19	20	21	21	22	23	25	27	32	35	39	43	48	57	60	66	57	64	70	76	70	77	72	79	75	76	78	80	78	84	83	83	82
Profit before tax	42	55	36	22	26	26	34	79	69	72	93	66	76	57	76	83	94	108	114	108	183	110	134	155	162	186	215	171	134	191	232	224	181	200	242	228	334	257	237	228	307	286	298	352	338	216	276
Tax	14	19	14	8	9	9	12	27	23	25	30	22	25	18	24	27	30	35	37	35	59	36	49	52	54	62	61	56	44	61	78	72	56	64	87	79	91	72	99	75	104	96	104	122	116	72	91
Net profit	28	37	22	14	17	17	22	52	45	48	63	44	51	38	52	56	63	73	76	73	124	74	85	102	108	124	154	115	90	130	154	152	125	136	155	149	243	186	137	153	203	190	194	230	222	145	185
EPS ₹	14.59	18.91	11.25	7.44	8.84	8.91	11.17	27.07	23.45	24.63	32.82	22.96	26.39	3.95	5.39	5.81	6.54	7.54	7.54	7.56	12.80	7.70	8.75	10.60	11.17	12.81	15.95	11.94	9.33	13.44	15.96	15.70	12.94	14.06	16.02	15.42	25.13	19.21	14.23	15.84	21.00	9.80	10.02	11.91	11.50	7.48	9.56
Revenue YoY	—	—	—	—	20.5%	23.6%	5.4%	1.9%	-6.0%	7.9%	37.3%	51.1%	57.1%	42.9%	30.0%	27.7%	42.9%	53.3%	37.0%	42.2%	30.8%	-7.1%	-1.2%	-1.9%	-5.4%	25.5%	33.0%	17.8%	5.0%	8.6%	-13.8%	-14.1%	-10.7%	-21.9%	-1.6%	12.4%	20.3%	19.6%	14.0%	9.1%	17.7%	23.4%	22.8%	34.5%	18.9%	9.0%	9.7%
Profit YoY	—	—	—	—	-39.5%	-52.9%	0.1%	264.0%	165.1%	176.6%	191.3%	-15.2%	12.6%	-19.7%	-18.0%	26.5%	24.0%	90.7%	46.5%	30.3%	95.5%	2.1%	11.0%	40.2%	-12.7%	66.4%	82.1%	12.7%	-16.5%	4.9%	0.1%	31.5%	38.7%	4.6%	0.4%	-1.8%	94.3%	36.6%	-11.3%	2.7%	-16.4%	2.1%	40.8%	50.4%	9.5%	-23.6%	-4.6%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 23 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	0.0%	0.0%	0.0%	6.5%	5.4%	5.4%	5.4%	0.0%	0.0%	0.0%	0.0%	3.7%	3.4%	9.0%	8.5%	11.6%	10.0%	6.0%	8.6%	6.5%	9.0%	14.1%	12.9%
ROCE	22.9%	21.3%	25.2%	28.1%	22.4%	26.8%	28.3%	28.6%	21.0%	13.9%	13.3%	15.8%	17.2%	18.9%	18.3%	19.6%	12.5%	10.7%	9.6%	8.9%	11.8%	13.2%	11.6%
Net margin	0.0%	0.0%	0.0%	6.0%	5.6%	4.9%	4.6%	0.0%	0.0%	0.0%	0.0%	3.4%	3.3%	8.0%	7.9%	10.5%	13.2%	7.8%	11.3%	8.4%	9.1%	13.4%	11.9%
EBITDA margin	26.4%	27.3%	29.9%	30.4%	31.3%	31.3%	29.1%	26.8%	24.2%	18.0%	20.0%	22.8%	24.1%	24.4%	24.4%	24.3%	23.5%	21.4%	20.6%	20.7%	21.3%	22.0%	21.1%
Debt / equity	0.00	0.00	0.00	0.00	0.17	0.17	0.17	0.17	0.36	0.44	0.35	0.35	0.35	0.35	0.33	0.33	0.31	0.31	0.35	0.35	0.37	0.37	0.52
Interest coverage	129.04	111.76	111.35	128.13	137.64	167.82	210.79	213.41	217.63	22.66	17.21	16.26	18.20	20.02	17.55	22.41	15.10	12.05	11.96	9.60	13.30	14.25	11.78
Asset turnover	0.71	0.67	0.74	0.79	0.71	0.81	0.87	0.94	0.76	0.75	0.71	0.72	0.68	0.73	0.70	0.72	0.50	0.51	0.48	0.49	0.61	0.65	0.61

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 16 periods

	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	19	19	39	39	39	39	39	39	39	39	39	39	39	39	39	39
Other equity / reserves	2,756	3,524	4,045	4,615	4,970	5,961	6,894	7,556	7,518	8,186	8,815	9,360	10,349	10,401	10,917	11,626
Total equity	2,775	3,543	4,083	4,654	5,008	6,000	6,933	7,594	7,557	8,225	8,854	9,399	10,388	10,440	10,955	11,664
Borrowings	1,290	797	2	2	2	1,001	2,528	3,173	3,342	2,912	3,095	3,118	3,263	3,676	4,106	6,047
Current liabilities	1,526	1,647	—	1,455	1,558	1,902	3,236	3,515	3,349	3,059	3,660	3,964	4,227	4,863	5,089	6,442
Non-current liabilities	1,098	599	—	370	240	265	810	1,261	1,441	1,291	1,170	1,139	1,020	1,203	1,722	2,563
Total assets	5,398	5,789	5,878	6,479	6,806	8,166	10,979	12,370	12,348	12,575	13,685	14,501	15,635	16,505	17,766	20,669
Property, plant & equipment	2,855	2,793	2,768	2,707	3,220	3,283	3,939	4,673	5,307	5,657	6,232	6,334	6,856	6,980	7,327	7,729
Capital work-in-progress	231	110	119	600	587	856	1,258	1,282	1,392	1,318	944	866	986	1,757	2,472	3,741
Investments	827	1,349	1,103	1,083	1,062	1,418	1,897	1,864	2,037	2,242	2,686	2,898	3,264	3,113	3,124	1,292
Inventories	398	476	619	759	616	940	1,672	1,754	1,667	1,385	1,332	1,663	1,782	1,744	1,808	2,563
Receivables	385	412	480	517	590	754	1,096	1,293	1,115	976	1,445	1,358	1,495	1,314	1,447	1,898
Cash & equivalents	328	23	26	46	47	55	46	218	69	80	75	132	80	76	61	103

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 11 periods

	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	1,072	847	750	820	1,173	1,339	908	1,448	2,083	1,764	2,249
Cash from investing	-552	-563	-92	-636	-678	-1,173	-1,897	-1,783	-1,476	-1,479	-2,523
Cash from financing	-625	-589	-654	-165	-495	-158	980	359	-602	-279	254
Capex	242	185	420	740	784	926	2,667	1,762	1,099	1,483	3,003
Free cash flow	830	662	330	81	389	413	-1,759	-314	984	281	-754
Dividends paid	91	64	121	174	513	232	560	309	309	310	309

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹7,729 cr37%

CWIP

₹3,741 cr18%

Investments

₹1,292 cr6%

Inventories

₹2,563 cr12%

Receivables

₹1,898 cr9%

Cash & equivalents

₹103 cr0%

Other assets

₹3,344 cr16%

Peer comparison

largest in Automobile and Auto Components · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Maruti Suzuki India Ltd.	4,00,860	12,750.00	29.8	3.68	12.3%
Mahindra & Mahindra Ltd.	3,67,588	3,287.20	19.0	3.75	19.8%
Bajaj Auto Ltd.	2,99,543	10,900.00	22.9	8.18	35.7%
TVS Motor Company Ltd.	2,13,401	4,491.70	55.8	18.81	33.7%
Eicher Motors Ltd.	2,10,528	7,669.50	36.5	8.39	23.0%
Hyundai Motor India Ltd.	1,73,071	2,130.00	51.8	8.49	16.4%
Samvardhana Motherson International Ltd.	1,67,340	158.55	35.4	3.69	10.4%
Bosch Ltd.	1,49,565	50,700.00	56.5	19.51	34.6%
Hero MotoCorp Ltd.	1,10,343	5,513.00	18.4	4.71	25.6%
Tata Motors Passenger Vehicles Ltd.	1,07,602	292.00	1.4	0.96	70.7%
Balkrishna Industries Ltd.	46,585	2,410.00	31.0	3.99	12.9%

StoxGud checklist: Bullish setup · 7/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+20.1%

6 months+6.7%

1 year+3.5%

3Y CAGR-2.1%

5Y CAGR-0.4%

10Y CAGR+17.0%

50-day avg₹2,166.73

200-day avg₹2,250.43

RSI (14)82

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FAQs

What is the share price of Balkrishna Industries Ltd.?

Balkrishna Industries Ltd. (BALKRISIND) closed at ₹2,410.00 on NSE on 06 Nov 2026.

What is the market cap of Balkrishna Industries Ltd.?

₹46,585 crore at the latest close.

What is the P/E ratio of Balkrishna Industries Ltd.?

31.0, on trailing-twelve-month earnings from its filings.

How fast is Balkrishna Industries Ltd. growing?

Balkrishna Industries Ltd.: revenue has compounded at 3.5% a year over three years. Latest-quarter revenue is up 45.1% year on year, profit down 14.0%.

How profitable is Balkrishna Industries Ltd.?

On a trailing-twelve-month basis return on equity is 12.9%, return on capital employed 11.6%, operating margin 21.1%, net margin 11.9%.

How much debt does Balkrishna Industries Ltd. have?

Balkrishna Industries Ltd. is moderately geared: debt to equity is 0.52 with borrowings of ₹6,047 cr against cash of ₹103 cr (balance sheet of 2026-09-30). Operating profit covers interest 11.8 times.

Financials parsed from Balkrishna Industries Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Mar '16. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.