Balkrishna makes tyres and rubber products for automotive. Market cap ₹45,688 Cr, quarterly revenue ₹2.3–3.4 Cr. Operating margin 21.25% stable, but ROE 8.22% trails cost of capital and PE 32.51 is elevated.
Generated analysis · source review pending
Generated analysis · source review pending
2,528 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 53.1% | 55.5% | 60% | 54.5% | 49.6% | 52.1% | 51.6% | 51.7% |
| EBITDA margin % | 25% | 26.4% | 31.3% | 24.2% | 17.5% | 24.1% | 23.5% | 21.3% |
| EBIT margin % | 18.6% | 18.7% | 24.1% | 18.7% | 11.6% | 17.1% | 17% | 14.1% |
| PAT margin % | 14.9% | 20% | 20.4% | 17.3% | 10.8% | 15.7% | 15.8% | 11.5% |
| Working capital | ||||||||
| Receivable days | 36 | 45 | 48 | 48 | 42 | 56 | 52 | 49 |
| Inventory days | 113 | 105 | 148 | 162 | 124 | 108 | 129 | 126 |
| Payable days | — | — | 103 | 80 | 37 | 74 | 54 | 64 |
| NWC days | — | — | 93 | 130 | 129 | 91 | 126 | 111 |
| Leverage | ||||||||
| Current ratio | 1.7 | 1.23 | 1.3 | 1.2 | 1.17 | 1.27 | 1.32 | 1.01 |
| Debt to EBITDA | 0.67 | 0.73 | 0.55 | 1.26 | 1.96 | 1.37 | 1.33 | 1.78 |
| Debt to equity | 0.19 | 0.19 | 0.17 | 0.36 | 0.44 | 0.35 | 0.31 | 0.37 |
| Interest coverage | 106.7 | 129 | 137.6 | 217.6 | 30.9 | 18.2 | 18 | 13.3 |
| Asset turnover | 0.8 | 0.71 | 0.71 | 0.76 | 0.79 | 0.68 | 0.67 | 0.61 |
| Return ratios | ||||||||
| Return on assets % | 11.9% | 14.1% | 14.4% | 13.1% | 8.6% | 10.8% | 10.6% | 7% |
| Return on capital employed % | 25.1% | 22.4% | 27.2% | 28.4% | 17.7% | 21.6% | 21.6% | 14.8% |
| Return on equity % | 16.6% | 19.2% | 19.6% | 20.7% | 14% | 16.6% | 15.9% | 11.3% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
Documents link to external sources (exchange filings, company investor pages).
Closure of Trading Window
Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Newspaper Publication
Announcement under Regulation 30 (LODR)-Allotment
Board Meeting Outcome for Outcome Of The Meeting Of Finance Committee Of The Board Of Directors Of Balkrishna Industries Limited
Announcement under Regulation 30 (LODR)-Credit Rating
Announcement under Regulation 30 (LODR)-Raising of Funds
Board Meeting Outcome for Outcome Of The Meeting Of Finance Committee Of The Board Of Directors Of Balkrishna Industries Limited ('Company') Held On 18Th August, 2026 - Approval For Fund Raising Through Issue Of Non-Convertible Debentures
| Date | Category | Subject | Filing |
|---|---|---|---|
| 28 Sept 2026, 5:39 pm | Insider Trading / SAST Closure of Trading Window | Closure of Trading Window | |
| 22 Sept 2026, 4:28 pm | Company Update General | Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015. |
| 18 Sept 2026, 3:22 pm | Company Update General | Newspaper Publication |
| 3 Sept 2026, 12:13 pm | Company Update Allotment of Equity Shares | Announcement under Regulation 30 (LODR)-Allotment |
| 3 Sept 2026, 12:09 pm | Others Outcome without intimation | Board Meeting Outcome for Outcome Of The Meeting Of Finance Committee Of The Board Of Directors Of Balkrishna Industries Limited |
| 25 Aug 2026, 6:02 pm | Company Update Credit Rating | Announcement under Regulation 30 (LODR)-Credit Rating |
| 18 Aug 2026, 4:59 pm | Company Update Raising of Funds | Announcement under Regulation 30 (LODR)-Raising of Funds |
| 18 Aug 2026, 4:46 pm | Board Meeting Outcome of Board Meeting | Board Meeting Outcome for Outcome Of The Meeting Of Finance Committee Of The Board Of Directors Of Balkrishna Industries Limited ('Company') Held On 18Th August, 2026 - Approval For Fund Raising Through Issue Of Non-Convertible Debentures |
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 58.29% | 58.29% | 58.29% | 58.29% | 58.29% | 58.29% | 58.29% | 58.29% | 58.29% | 58.29% | 58.29% | 58.29% | |
| 12.54% | 12.69% | 12.24% | 12.61% | 11.72% | 11.28% | 11.46% | 10.5% | 10.7% | 11% | 11.13% | 10.32% | |
| 21.23% | 21.42% | 22.07% | 22.43% | 23.45% | 23.95% | 23.78% | 24.84% | 24.55% | 24.43% | 24.26% | 24.61% | |
| 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.14% | 0% | 0% | 0% | |
| 7.94% | 7.6% | 7.4% | 6.67% | 6.54% | 6.48% | 6.47% | 6.37% | 6.32% | 6.28% | 6.32% | 6.78% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 1,23,406 | 1,23,337 | 1,20,740 | 1,22,372 |
Promoter holding up 0 percentage points since Sep 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 31 Aug 2026 | BNP PARIBAS FINANCIAL MARKETS | Bulk | NSE | Buy | 10,20,085 | ₹2,281.04 | ₹232.69 Cr |
| 7 Oct 2025 | GOLDMAN SACHS (SINGAPORE) PTE | Block | NSE | Sell | 1,06,539 | ₹2,296.50 | ₹24.47 Cr |
| 7 Oct 2025 | GOLDMAN SACHS BANK EUROPESE | Block | NSE | Buy | 1,06,539 | ₹2,296.50 | ₹24.47 Cr |
| 25 Jan 2024 | SOCIETE GENERALE | Block | BSE | Buy | 68,782 | ₹2,714.55 | ₹18.67 Cr |
| 25 Jan 2024 | BNP PARIBAS ARBITRAGE | Block | BSE | Sell | 68,782 | ₹2,714.55 | ₹18.67 Cr |
| 13 Dec 2022 | C WORLDWIDE ASIA | Block | BSE | Buy | 2,16,946 | ₹2,059.25 | ₹44.67 Cr |
| 13 Dec 2022 | C WORLDWIDE | Block | BSE | Sell | 2,16,946 | ₹2,059.25 | ₹44.67 Cr |
| 14 Nov 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | Block | NSE | Buy | 1,46,532 | ₹1,889.45 | ₹27.69 Cr |
| 14 Nov 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | NSE | Sell | 1,46,532 | ₹1,889.45 | ₹27.69 Cr |
| 3 Nov 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | Block | NSE | Buy | 1,46,532 | ₹1,952.95 | ₹28.62 Cr |
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,289 | 3,780 | 4,461 | 5,210 | 4,811 | 5,783 | 8,295 | 9,760 | 9,369 | 10,447 | 10,823 | |
| COGS | 1,419 | 1,580 | 2,143 | 2,444 | 2,139 | 2,311 | 3,778 | 4,915 | 4,491 | 5,060 | 5,227 |
| Gross profit | 1,870 | 2,200 | 2,318 | 2,766 | 2,672 | 3,472 | 4,517 | 4,844 | 4,877 | 5,386 | 5,596 |
| 1,048 | 1,070 | 1,216 | 1,464 | 1,401 | 1,662 | 2,509 | 3,137 | 2,622 | 2,929 | 3,296 | |
| 822 | 1,131 | 1,102 | 1,302 | 1,271 | 1,810 | 2,009 | 1,707 | 2,255 | 2,458 | 2,300 | |
| OPM % | 25% | 29.9% | 24.7% | 25% | 26.4% | 31.3% | 24.2% | 17.5% | 24.1% | 23.5% | 21.3% |
| Depreciation | 282 | 304 | 311 | 333 | 374 | 416 | 455 | 571 | 651 | 681 | 775 |
| Interest | 39 | 22 | 14 | 11 | 9 | 11 | 9 | 48 | 113 | 128 | 134 |
| 174 | 254 | 340 | 218 | 251 | 172 | 438 | 347 | 449 | 539 | 252 | |
| Profit before tax | 674 | 1,059 | 1,116 | 1,177 | 1,140 | 1,555 | 1,982 | 1,435 | 1,941 | 2,187 | 1,644 |
| Tax | 229 | 342 | 380 | 403 | 180 | 377 | 547 | 377 | 470 | 532 | 401 |
| Tax % | 33.9% | 32.3% | 34.1% | 34.2% | 15.8% | 24.3% | 27.6% | 26.3% | 24.2% | 24.3% | 24.4% |
| 446 | 717 | 736 | 774 | 960 | 1,178 | 1,435 | 1,057 | 1,471 | 1,655 | 1,243 | |
| PAT margin % | 13.6% | 19% | 16.5% | 14.9% | 20% | 20.4% | 17.3% | 10.8% | 15.7% | 15.8% | 11.5% |
| EPS (₹) | 46.1 | — | 38.1 | 40 | 49.6 | 60.9 | 74.3 | 54.7 | 76.1 | 85.6 | 64.3 |
| EPS adjusted (₹) | 23.1 | 37.1 | 38.1 | 40 | 49.7 | 60.9 | 74.3 | 54.7 | 76.1 | 95.4 | 45.4 |
| 6.5% | — | 21% | 20% | 40.3% | 47.6% | 21.5% | 29.3% | 21% | 18.7% | 24.9% | |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 19 | 19 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 |
| Reserves | 2,404 | 3,524 | 4,045 | 4,615 | 4,970 | 5,961 | 6,894 | 7,518 | 8,815 | 10,349 | 10,917 |
| 1,353 | 797 | 651 | 871 | 931 | 1,001 | 2,529 | 3,342 | 3,095 | 3,263 | 4,106 | |
| 1,691 | 1,449 | 1,144 | 954 | 868 | 1,166 | 1,517 | 1,449 | 1,735 | 1,985 | 2,705 | |
| Total equity & liabilities | 5,467 | 5,789 | 5,878 | 6,479 | 6,806 | 8,166 | 10,979 | 12,348 | 13,685 | 15,635 | 17,766 |
| 2,418 | 2,797 | 2,771 | 2,709 | 3,221 | 3,284 | 3,940 | 5,313 | 6,253 | 6,880 | 7,354 | |
| CWIP | 634 | 110 | 119 | 600 | 587 | 856 | 1,258 | 1,392 | 944 | 986 | 2,472 |
| Investments | 485 | 1,349 | 1,103 | 1,083 | 1,063 | 1,504 | 1,976 | 2,107 | 2,750 | 3,326 | 3,180 |
| 1,929 | 1,533 | 1,886 | 2,087 | 1,936 | 2,523 | 3,805 | 3,535 | 3,737 | 4,443 | 4,761 | |
| Total assets | 5,467 | 5,789 | 5,878 | 6,479 | 6,806 | 8,166 | 10,979 | 12,348 | 13,685 | 15,635 | 17,766 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,072 | 847 | 750 | 820 | 1,173 | 1,339 | 908 | 1,448 | 2,083 | 1,764 | 2,249 | |
| -552 | -563 | -92 | -636 | -678 | -1,173 | -1,897 | -1,783 | -1,476 | -1,479 | -2,523 | |
| -625 | -589 | -654 | -165 | -495 | -158 | 980 | 359 | -602 | -279 | 254 | |
| Net cash flow | -105 | -306 | 4 | 20 | 1 | 8 | -9 | 23 | 5 | 6 | -19 |
| Free cash flow | 830 | 662 | 330 | 81 | 389 | 413 | -1,759 | -315 | 984 | 281 | -754 |
| CFO / Operating profit % | 130.4% | 74.9% | 68.1% | 63% | 92.3% | 74% | 45.2% | 84.8% | 92.3% | 71.8% | 97.8% |
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Mrf LimitedMRFMRF | ₹51,960 Cr | ₹54,327 Cr | ₹31,889 Cr | ₹4,821 Cr | 15.7% | ₹2,415 Cr | 7.8% | 16.8% | 12.3% | 83 |
| Balkrishna Industries LimitedBALKRISINDBALKRISIND | ₹40,274 Cr | ₹44,380 Cr | ₹11,518 Cr | ₹2,539 Cr | 21.3% | ₹1,406 Cr | 11.5% | 14.8% | 8.2% | 111 |
| Apollo Tyres LimitedAPOLLOTYREAPOLLOTYRE | ₹25,706 Cr | ₹28,337 Cr | ₹29,308 Cr | ₹4,143 Cr | 14.6% | ₹1,708 Cr | 4.8% | 13.3% | 8.7% | 93 |
| Ceat LimitedCEATLTDCEATLTD | ₹13,311 Cr | ₹16,322 Cr | ₹16,467 Cr | ₹2,024 Cr | 13.1% | ₹589 Cr | 4.5% | 20.5% | 14.8% | -21 |
| Jk Tyre & Industries LimitedJKTYREJKTYRE | ₹9,812 Cr | ₹14,558 Cr | ₹16,404 Cr | ₹1,887 Cr | 12.4% | ₹651 Cr | 4.8% | 16.8% | 14.2% | 90 |
| Tvs Srichakra LimitedTVSSRICHAKTVSSRICHAK | ₹3,349 Cr | ₹4,111 Cr | ₹3,892 Cr | ₹312 Cr | 7.7% | ₹85 Cr | 2% | 9.2% | 1.7% | 77 |
| Goodyear India LimitedGOODYEARGOODYEAR | ₹1,604 Cr | ₹1,604 Cr | ₹1,792 Cr | ₹217 Cr | 4.5% | ₹136 Cr | 2.1% | 12.5% | 9.3% | 6 |
| Megamont LtdMEGAMONTMEGAMONT | ₹562 Cr | ₹565 Cr | ₹0 Cr | ₹0 Cr | — | ₹-0 Cr | — | -1.8% | -3.2% | — |
| Tolins Tyres LimitedTOLINSTOLINS | ₹334 Cr | ₹345 Cr | ₹317 Cr | ₹43 Cr | 14.6% | ₹33 Cr | 10.9% | 13.5% | 10.4% | 400 |
| Modi Rubber LimitedMODIRUBBERMODIRUBBER | ₹299 Cr | ₹319 Cr | ₹35 Cr | ₹-26 Cr | -75.8% | ₹0 Cr | 1.9% | -2.2% | 0.1% | -904 |
| Indag Rubber LtdINDAGINDAG | ₹277 Cr | ₹287 Cr | ₹215 Cr | ₹9 Cr | 4.1% | ₹10 Cr | 3.8% | 5% | 4.4% | 112 |
| Dolfin Rubbers LtdDOLFINDOLFIN | ₹173 Cr | ₹192 Cr | ₹144 Cr | ₹9 Cr | 5.3% | ₹5 Cr | 3.3% | 16.8% | 16.5% | 122 |
59 schemes · 14 fund houses
| Shares | ||||||
|---|---|---|---|---|---|---|
| Large and Midcap Fund | SBI Mutual Fund | 47 L | 1,071.22 | 2.53% | 2.431% | +6.3 L |
| Multi Cap FundNEW | Nippon India Mutual Fund | 23.41 L | 533.61 | 0.95% | 1.211% | — |
| Growth Mid Cap FundNEW | Nippon India Mutual Fund | 19.5 L | 444.44 | 0.85% | 1.009% | — |
| Portfolio of Kotak Flexi Cap FundNEW | Kotak Mahindra Mutual Fund | 17 L | 387.46 | 0.69% | 0.879% | — |
| Large & Mid Cap Fund | ICICI Prudential Mutual Fund | 13.95 L | 317.93 | 0.95% | 0.722% | -0 |
| Franklin India Mid Cap Fund (Formerly known as Franklin India Prima Fund) ^ | Franklin Templeton Mutual Fund | 11.25 L | 256.41 | 1.96% | 0.582% | -50,000 |
| ELSS Tax Saver Fund | SBI Mutual Fund | 5.71 L | 130.16 | 0.41% | 0.295% | -0 |
| Vision Large & Mid Cap Fund | Nippon India Mutual Fund | 5 L | 113.96 | 1.44% | 0.259% | +1.39 L |