BALKRISIND
Balkrishna Industries Limited (BALKRISIND) Stock Analysis
Balkrishna Industries Limited is a global off-highway tyre manufacturer serving agriculture, mining, and construction equipment markets. It sells BKT branded tyres worldwide from advanced plants in India. The company is a leader in niche OHT segments with strong export share. It is a large-cap listed tyre stock.
Consumer Cyclical › Auto Parts
₹2,052.80
+2.11% 1W | -11.80% 52W
Market Cap
39.7k CR
P/E Ratio
28.2
52W High
₹2775
52W Low
₹1964.7
Div. Yield
0.78%
Beta
0.4
50 DMA
₹2241.7
200 DMA
₹2260.8
Profit Margin
12.2%
Inst. Own.
31.5%
✅ BOUNCE FROM SUPPORT
✅ BOUNCE FROM SUPPORT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,159 | 2,253 | 2,274 | 2,682 | 2,714 | 2,420 | 2,560 | 2,752 | 2,760 | 2,393 | 2,737 | 2,933 | 3,455 |
| Expenses | 1,658 | 1,720 | 1,734 | 2,001 | 2,051 | 1,840 | 1,960 | 2,139 | 2,254 | 1,882 | 2,094 | 2,293 | 2,711 |
| Operating Profit | 501 | 533 | 541 | 681 | 664 | 580 | 601 | 614 | 506 | 511 | 643 | 640 | 744 |
| OPM % | 23% | 24% | 24% | 25% | 24% | 24% | 23% | 22% | 18% | 21% | 24% | 22% | 22% |
| Other Income | 106 | 107 | 66 | 171 | 162 | 90 | 187 | 99 | 107 | 71 | 77 | -4 | 100 |
| Interest | 22 | 24 | 36 | 31 | 22 | 41 | 16 | 50 | 31 | 33 | 34 | 36 | 37 |
| Depreciation | 155 | 160 | 161 | 174 | 163 | 166 | 173 | 178 | 188 | 193 | 195 | 199 | 206 |
| Profit before tax | 430 | 456 | 409 | 647 | 640 | 463 | 600 | 485 | 394 | 357 | 491 | 401 | 601 |
| Tax % | 23% | 24% | 25% | 25% | 23% | 25% | 25% | 24% | 27% | 24% | 22% | 25% | 25% |
| Net Profit | 332 | 347 | 305 | 487 | 490 | 347 | 449 | 369 | 288 | 273 | 382 | 299 | 451 |
| EPS in Rs | 17.17 | 17.97 | 15.80 | 25.18 | 25.35 | 17.95 | 23.25 | 19.06 | 14.91 | 14.13 | 19.77 | 15.49 | 23.32 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,813 | 3,237 | 3,723 | 4,444 | 5,210 | 4,811 | 5,783 | 8,295 | 9,760 | 9,369 | 10,447 | 10,823 | 11,518 |
| Expenses | 3,086 | 2,371 | 2,592 | 3,341 | 3,904 | 3,537 | 3,972 | 6,286 | 8,047 | 7,113 | 7,988 | 8,522 | 8,980 |
| Operating Profit | 727 | 866 | 1,131 | 1,103 | 1,306 | 1,274 | 1,811 | 2,009 | 1,712 | 2,256 | 2,459 | 2,301 | 2,539 |
| OPM % | 19% | 27% | 30% | 25% | 25% | 26% | 31% | 24% | 18% | 24% | 24% | 21% | 22% |
| Other Income | 277 | 131 | 254 | 340 | 215 | 250 | 171 | 438 | 342 | 449 | 537 | 252 | 244 |
| Interest | 48 | 40 | 22 | 15 | 12 | 11 | 12 | 9 | 48 | 113 | 129 | 134 | 140 |
| Depreciation | 244 | 282 | 304 | 311 | 333 | 374 | 416 | 455 | 571 | 651 | 681 | 775 | 793 |
| Profit before tax | 713 | 674 | 1,059 | 1,116 | 1,177 | 1,140 | 1,555 | 1,982 | 1,435 | 1,941 | 2,187 | 1,644 | 1,850 |
| Tax % | 34% | 34% | 32% | 34% | 34% | 16% | 24% | 28% | 26% | 24% | 24% | 24% | |
| Net Profit | 473 | 446 | 717 | 736 | 774 | 960 | 1,178 | 1,435 | 1,057 | 1,471 | 1,655 | 1,243 | 1,406 |
| EPS in Rs | 24.45 | 23.06 | 37.08 | 38.06 | 40.02 | 49.64 | 60.91 | 74.25 | 54.70 | 76.12 | 85.61 | 64.30 | 72.71 |
| Dividend Payout % | 5% | 12% | 11% | 21% | 20% | 40% | 28% | 38% | 29% | 21% | 19% | 25% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 4.0% | 13.0% | 13.0% |
| Profit CAGR | 1.0% | -2.0% | 9.0% |
Shareholding Pattern
Promoters58.30%
FIIs10.50%
DIIs24.71%
Public6.37%
Promoters58.30%
FIIs10.70%
DIIs24.55%
Public6.31%
Promoters58.30%
FIIs11.00%
DIIs24.42%
Public6.29%
Promoters58.30%
FIIs11.13%
DIIs24.25%
Public6.32%
Promoters58.30%
FIIs10.33%
DIIs24.60%
Public6.77%
Promoters58.30%
FIIs12.42%
DIIs20.21%
Public8.99%
Promoters58.30%
FIIs12.24%
DIIs21.97%
Public7.38%
Promoters58.30%
FIIs11.46%
DIIs23.63%
Public6.46%
Promoters58.30%
FIIs11.13%
DIIs24.25%
Public6.32%
Promoters58.30%
FIIs10.33%
DIIs24.60%
Public6.77%
BALKRISIND
Holdings Analysis
Key strengths & risk signals
55
Overall
57
Fundamental
54
Technical
Risks (4)
OVERVALUED! PEG of 5.13 means expensive relative to growth rate.
WEAK POSITION! Current price (2052.8) is below both moving averages.
WEAK YEAR! Stock declined 11.8% in the last year.
WEAK! Trading at 10.9% of 52W range - near yearly lows.
Strengths (4)
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
TESTING SUPPORT! Stock is at key support level.
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 225,249 vs down days: 214,091. Ratio: 1.05x
Fundamental & Technical Analysis
55Overall
57Fundamental
54Technical
Fundamental Breakdown
Growth Quality
13/30
Revenue CAGR: 3.6% (SLOW, 5/15). Profit CAGR: 5.5% (MODERATE, 8/15).
Profit Margin
5/10
DECENT EFFICIENCY! 12.2% profit margin - acceptable profitability.
PEG Valuation
0/10
OVERVALUED! PEG of 5.13 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.78% yield - little to no income.
Debt to Equity
8/10
LOW DEBT! D/E of 0.31 - strong balance sheet.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 8.3% public ownership - strong promoter/institutional control.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (2241.7) is below 200-day average (2260.8) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (2052.8) is below both moving averages.
Trend Pattern
16/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
2/10
WEAK YEAR! Stock declined 11.8% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 225,249 vs down days: 214,091. Ratio: 1.05x
RSI
3/5
NEUTRAL! RSI at 40.7 - balanced momentum.
52W Range
1/5
WEAK! Trading at 10.9% of 52W range - near yearly lows.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 2.1% (1 week), -3.4% (1 month), -0.6% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
BALKRISIND
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-05 | Concall PDF | |
| Q4FY262026-05-14 | Concall PDF | |
| Q3FY262026-02-03 | Concall PDF | |
| Q2FY262025-11-05 | Concall PDF |
Peer Comparison
Consumer Cyclical · Auto Parts · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BALKRISIND | ₹2,052.80 | 28.2 | 12.2% | 3.6% | 5.5% | -11.8% | 55 | BOUNCE FROM SUPPORT | +56.4% | +50.5% | +25.2% | +17.8% |
| ENDURANCE | ₹2,406.40 | 34.9 | 6.2% | 18.2% | 25.7% | -16.7% | 73 | CONSOLIDATING DOWN | +8.0% | -11.5% | +30.0% | +5.6% |
| EXIDEIND | ₹370.90 | 33.8 | 4.9% | 6.1% | 1.3% | -6.5% | 61 | BREAKDOWN | +28.4% | +62.9% | +17.7% | +16.8% |
| SONACOMS | ₹800.00 | 71.4 | 14.2% | 18.8% | 17.4% | +71.0% | 75 | CONSOLIDATING DOWN | +44.7% | -5.9% | +52.4% | +3.5% |
| CRAFTSMAN | ₹10,960.00 | 56.5 | 5.3% | 36.2% | 15.6% | +63.2% | 76 | APPROACHING SUPPORT | +116.4% | +29.4% | +36.3% | +9.2% |
| GABRIEL | ₹1,448.90 | 75 | 5.2% | 16.3% | 24.0% | +15.0% | 75 | APPROACHING RESISTANCE | +2.0% | +61.3% | +15.5% | +17.9% |
| MRF | ₹122,790.00 | 21.6 | 7.6% | 10.6% | 46.7% | -21.5% | 55 | APPROACHING SUPPORT | -1.3% | -29.5% | +9.6% | +4.6% |
| APOLLOTYRE | ₹408.90 | 15.1 | 5.8% | 5.4% | 9.5% | -18.1% | 65 | BOUNCE FROM SUPPORT | +2,604.7% | -44.7% | +12.8% | +0.8% |
Data from TradeAlone · Updated daily
BALKRISIND News
Balkrishna Industries Limited Announces Strategic Agreement with Pirelli for Production in India2026-10-22Balkrishna Industries Limited (BALKRISIND) clears resistance, moves up 6%2026-07-31Balkrishna Industries Limited (NSE: BALKRISIND) breaks out, gains 11% intraday2026-07-30Balkrishna Industries Limited (BALKRISIND) gains 9% intraday, tests resistance2026-07-30Balkrishna Industries Limited (BALKRISIND) +9%: breaks out2026-06-15Balkrishna Industries Limited (BALKRISIND) surges 8.66% on positive outlook2026-06-15
