NSE BALKRISIND · BSE 502355 · Tires · NIFTY 500

Balkrishna Industries Share Price

Market closed · updated 25 Sep, 4:30 PM IST
₹2,170.40 ▼ −₹30.59 · 1.39% NSE · as of 24 Sep 2026, 9:41 AM · BSE ₹2,167.80
Today's range
₹2,166.00Low₹2,202.75High
52-week range
₹1,971.50Low · 11 Jun 2026₹2,775.00High · 10 Feb 2026

Balkrishna Industries Overview

Where the price stands, how it has moved and how it sits against its averages.

Balkrishna Industries shares last traded at ₹2,170.40 on the NSE, down 1.39% on the day. That is 21.8% below the 52-week high of ₹2,775.00 and 10.1% above the 52-week low of ₹1,971.50. The stock trades at 29.99× earnings, below the sector average of 31.45. Its market value is ₹41,907 Cr.

Price returns

1 Day▼ −1.39%
5 Days▲ +3.52%
This month▼ −3.49%
3 Months▼ −1.08%
6 Months▼ −0.37%
This year▼ −5.18%
1 Year▼ −11.89%

Against the market: 1 Month ▼ −2.20% · 3 Months ▲ +1.78% · 6 Months ▲ +0.22% · This year ▲ +7.99% · 1 Year ▼ −3.33%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 0 of 6

  1. 300-day average₹2,288.42 ▼ price 5.2% below
  2. 50-day average₹2,271.83 ▼ price 4.5% below
  3. 20-day average₹2,262.27 ▼ price 4.1% below
  4. 100-day average₹2,227.41 ▼ price 2.6% below
  5. 5-day average₹2,198.94 ▼ price 1.3% below
  6. 10-day average₹2,194.79 ▼ price 1.1% below
  7. Today's price₹2,170.40

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Balkrishna Industries Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
10,823
Net profit₹ crore · losses below zero
1,655
1,243

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹10,823 Cr ▲ +3.6% ₹1,243 Cr 11.5% ₹64.30 ₹16.00
FY 2025 ₹10,447 Cr ▲ +11.5% ₹1,655 Cr 15.8% ₹85.61 ₹16.00
FY 2024 ₹9,369 Cr ▼ −4.0% ₹1,471 Cr 15.7% ₹76.12 ₹16.00
FY 2023 ₹9,760 Cr ▲ +17.7% ₹1,057 Cr 10.8% ₹54.70 ₹16.00
FY 2022 ₹8,295 Cr ▲ +43.4% ₹1,435 Cr 17.3% ₹74.25 ₹16.00
FY 2021 ₹5,783 Cr ▲ +20.2% ₹1,178 Cr 20.4% ₹60.91 ₹17.00
FY 2020 ₹4,811 Cr — ₹960 Cr 19.9% ₹49.64 ₹20.00

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
38%
62%
  • Total assets₹17,766 Cr
  • Total liabilities₹6,811 Cr
  • Shareholders' equity₹10,955 Cr
  • Total debt₹4,111 Cr
  • Cash & investments₹1,388 Cr
  • Current ratio1.01×
  • Revenue growth, 5 yr13.35% a year
  • EPS growth, 5 yr1.09% a year
  • Operating margin (TTM)15.15%
  • Net margin (TTM)12.20%

Cash flow — FY26

Operating activities
▲ ₹2,249 Cr
Investing activities
▼ −₹2,523 Cr
Financing activities
▲ ₹254 Cr
Free cash flow
▼ −₹754 Cr
Net change in cash
▼ −₹19 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue4,811.245,783.198,295.129,759.539,368.8710,446.9510,823.08
Cost of revenue2,432.042,655.534,274.175,505.175,119.935,632.935,761.58
Gross profit2,379.203,127.664,020.954,254.364,248.944,814.025,061.50
Operating expenses3,912.804,388.386,741.528,618.257,763.478,668.469,007.37
Operating income898.441,394.811,553.601,141.281,605.401,778.491,815.71
Depreciation371.98414.68453.77569.37649.39679.38773.77
Profit before tax1,139.521,554.921,982.151,434.791,941.002,187.391,643.68
Tax179.87377.39546.77377.39469.51532.43400.58
Net profit959.651,177.531,435.381,057.401,471.491,654.961,243.10
EPS (₹)49.6460.9174.2554.7076.1285.6164.30
Dividend per share (₹)20.0017.0016.0016.0016.0016.0016.00

What Analysts Say

18 analysts

Recommendations from 18 analysts who cover Balkrishna Industries.

Hold average rating 3.06 on a 1–5 scale

▲ 7 bullish (38.9%) · 3 hold (16.7%) · ▼ 8 bearish (44.4%)

Votes

Strong Buy
4 (22%)
Buy
3 (17%)
Hold
3 (17%)
Sell
4 (22%)
Strong Sell
4 (22%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy22444 ▲ +2
Buy11233 ▲ +2
Hold66533 ▼ −3
Sell44444 —
Strong Sell44444 —

Analyst ratings are opinions, not a guarantee of returns.

Balkrishna Industries vs Peers

Side by side with other tires companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
Balkrishna Industries ₹2,170.40 ▼ −1.39% ₹41,907 Cr 29.99 3.88 16.26% 12.20% 0.73% This stock
MRF ₹1,23,950.00 ▼ −0.50% ₹52,611 Cr 22.30 2.64 9.62% 7.79% 0.18% Bearish
Apollo Tyres ₹397.95 ▼ −1.97% ₹25,200 Cr 13.25 1.63 8.80% 4.82% 1.39% Bearish
CEAT ₹3,364.85 ▼ −1.99% ₹13,640 Cr 19.15 2.85 10.73% 3.58% 0.85% Bearish
JK Tyre & Industries ₹346.50 ▼ −2.46% ₹10,024 Cr 13.01 1.92 12.68% — 0.99% Bearish
TVS Srichakra ₹4,444.50 ▼ −4.67% ₹3,387 Cr 45.25 2.66 6.05% 1.95% 0.41% Neutral

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Balkrishna Industries shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
58.3%
10.3%
18.7%
12.7%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter58.29%58.29%58.29%58.29% 0.00 pts
FII10.70%11.00%11.13%10.33% ▼ −0.80 pts
MF18.23%18.26%17.82%18.66% ▲ +0.84 pts
Other12.78%12.45%12.76%12.72% ▼ −0.04 pts

Balkrishna Industries Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Balkrishna IndustriesBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
29.99
▼ 5% below the sector average of 31.45
P/E, 12-month rangeLow 25.95 · high 47.20
19%
Today's P/E sits 19% of the way from its low to its high
P/BPrice ÷ book value per share
3.88
P/SPrice ÷ sales per share
3.69
P/CFPrice ÷ cash flow per share
19.34
PEGP/E ÷ earnings growth (≈1 is fair)
5.46

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
51.23%
▲ above its 5-yr average of 46.00%
Operating marginKept after running costs
15.15%
▼ below its 5-yr average of 16.21%
Pre-tax marginKept before tax
16.06%
▼ below its 5-yr average of 18.87%
Net marginKept as profit
12.20%
▼ below its 5-yr average of 14.09%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
11.65%
▼ below its 5-yr average of 16.26%
Return on assetsProfit on everything it owns
7.44%
▼ below its 5-yr average of 10.46%
Return on investmentProfit on long-term capital
10.32%
▼ below its 5-yr average of 14.40%

Growth Is the business getting bigger?

Revenue — last 12 months
+9.8%
▲ growing
Revenue — 3 yr, a year
+3.5%
▲ growing
Revenue — 5 yr, a year
+13.4%
▲ growing
EPS — last 12 months
−3.3%
▼ shrinking
EPS — 3 yr, a year
+5.5%
▲ growing
EPS — 5 yr, a year
+1.1%
▲ growing
Dividend — 3 yr, a year
0.0%
▲ growing
Book value — 5 yr, a year
+12.8%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.38×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
1.01×
• Adequate
Quick ratioLike the current ratio, without inventory
0.62×
! Tight
Interest coverOperating profit ÷ interest to pay
9.73×
✓ Strong
Payout ratioShare of profit paid as dividend
24.88%
• Keeps most

Per share What each share stands for

EPS (TTM)
₹72.71
Book value
₹566.75
Cash flow
₹113.74
Dividend
₹16.00
Revenue
₹595.87

The share price is 3.83× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 109 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year34.21
Current Dividend Yield - Common Stock Primary Issue, LTM0.73
Price to Book - most recent fiscal year3.88
P/E Basic excluding extraordinary items - TTM29.99
P/E including extraordinary items - TTM30.25
P/E excluding extraordinary items low, trailing 12 months25.95
Price to Tangible Book - most fiscal year3.88
Dividend Yield - 5 Year Average0.72
Price to sales - most recent fiscal year3.93
Dividend Yield - indicated annual dividend divided by closing price0.73
Price to Cash Flow per share - trailing 12 month19.34
Peg Ratio5.46
P/E Normalized, most recent fiscal year34.23
P/E excluding extraordinary items high, trailing 12 months47.20
P/E excluding extraordinary items, most recent fiscal year quarter30.25
Price to sales - trailing 12 month3.69
Net Debt, LFY27,224.20

Per share

Dividend Per Share - 5 year average16.00
Cash Flow per share - trailing 12 month113.74
Cash Flow per share - most recent fiscal year104.33
EPS including extraordinary items - trailing 12 month72.71
EPS including extraordinary items - most recent fiscal year64.30
EBITD per share - trailing 12 month131.33
Revenue/share - trailing 12 month595.87
EPS excluding extraordinary items - trailing 12 month72.71
EPS Basic excluding extraordinary items - most recent fiscal year64.30
EPS Basic excluding extraordinary items - trailing 12 month72.71
Book value per share - most recent fiscal year566.70
Dividend per share - most recent fiscal year16.00
Revenue/share - most recent fiscal year559.86
EPS Normalized - most recent fiscal year64.26
Book value (tangible) per share - most recent fiscal year566.32
Dividends per share - trailing 12 month16.00
EPS excluding extraordinary items - most recent fiscal year64.30
Cash per share - most recent fiscal year71.82

Margins

Operating margin - trailing 12 month15.15
Gross Margin - 5 year average46.00
Operating margin - 1st historical fiscal year16.78
Operating Margin - 5 year average16.21
Net Profit Margin % - 1st historical fiscal year11.49
Gross Margin - 1st historical fiscal year46.77
Net Profit Margin % - trailing 12 month12.20
Net Profit Margin - 5 year average14.09
Pretax Margin - 5 year average18.87
Pretax margin - 1st historical fiscal year15.19
Pretax margin - trailing 12 month16.06
Free Operating Cash Flow/Revenue, 5 Year Average−4.70
Gross Margin - trailing 12 month51.23

Growth

EPS Change %, TTM over TTM−3.28
Revenue growth rate, 5 year13.35
EPS growth rate, 5 year1.09
Revenue Change % - most recent quarter 1 year ago25.19
Growth rate% - dividend, 3 year0.00
Growth rate% - EPS, 3 year5.54
Revenue/share (5 yr growth)13.35
Tangible Book Value, Total Equity, 5 Year CAGR12.78
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR4.05
Capital Spending growth rate, 5 year26.53
Revenue Change %, TTM over TTM9.78
Growth rate% - Revenue, 3 year3.51
Book value per share growth rate, 5 year12.80
EPS Change % - most recent quarter 1 year ago56.41
Net Profit Margin growth rate, 5 year−10.82
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR7.42
Total Debt, 5 Year CAGR32.64

Financial strength

Net Interest coverage - most recent fiscal year9.73
Free Cash Flow - most recent fiscal year−10,631.60
LT debt/equity - most recent fiscal year0.08
Quick ratio - most recent fiscal year0.62
Payout ratio - trailing 12 month11.00
Current ratio - most recent fiscal year1.01
Total debt/total equity - most recent fiscal year0.38
Net Interest coverage - trailing 12 month12.50
Payout ratio - most recent fiscal year24.88

Returns & efficiency

Return on average equity - 5 year average16.26
Net Income/employee - trailing 12 month33,70,672.00
Revenue/employee - most recent fiscal year2,73,03,430.00
Return on investment - most recent fiscal year10.32
Return on average assets - most recent fiscal year7.44
Receivables turnover - most recent fiscal year7.31
Inventory turnover - most recent fiscal year2.90
Revenue/employee - trailing 12 month2,76,21,890.00
Return on average assets - 5 year average10.46
Net Income/employee - most recent fiscal year31,35,974.00
Asset turnover - most recent fiscal year0.65
Return on average equity - most recent fiscal year11.65
Return on investment - 5 year average14.40

Price & volume

Market Cap42,192.45
52 week Low Date11 Jun 2026
Price - 1 Day % Change−0.78
Relative (S&P500) price percent change - 13 week1.78
Avg trading volume last 10 days0.26
Price - 13 week price percent change−1.08
Price - 52 week price percent change−11.89
Avg Trading Volume Last 3 months10.26
Price - 5 Day % Change3.52
Price % Change Month To Date−3.49
Relative (S&P500) price percent change - 04 week−2.20
52 week High Date10 Feb 2026
Price - 26 week price percent change−0.37
PDATE23 Sep 2026
Price - YTD price percent change−5.18
Relative (S&P500) price percent change - 52 week−3.33
NPRICE2,199.60
Relative (S&P500) price percent change - 26 week0.22
52 week Low1,970.00
52 week High2,775.00
Beta0.86
Relative (S&P500) price percent change - Year to Date7.99

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹20.00
₹16.00
  • Dividend yield0.73%
  • Payout ratio24.88%
  • 5-year average dividend₹16.00 a share
  • Latest dividend₹4.00 per share · 4 Aug 2026

Corporate calendar

  • BoardPropsal of Raising funds
  • Dividend₹4.00 per share · 200% · Interim dividend
  • MeetingAnnual General Meeting
  • BoardQuarterly Results & Interim Dividend
  • Dividend₹4.00 per share · 200% · Final dividend
  • BoardAudited Results & Final Dividend
  • BoardRaising Funds
  • Dividend₹4.00 per share · 200% · Interim dividend
Show 14 older events
  • BoardQuarterly Results & Interim Dividend
  • MeetingPostal Ballot
  • Dividend₹4.00 per share · 200% · Interim dividend
  • BoardQuarterly Results & Interim Dividend
  • Dividend₹4.00 per share · 200% · Interim dividend
  • MeetingAnnual General Meeting
  • BoardQuarterly Results & Interim Dividend
  • Dividend₹4.00 per share · 200% · Final dividend
  • BoardAudited Results & Final Dividend
  • Dividend₹4.00 per share · 200% · Interim dividend
  • Dividend₹4.00 per share · 200% · Interim dividend
  • MeetingAnnual General Meeting
  • MeetingPostal Ballot
  • MeetingAnnual General Meeting

About Balkrishna Industries

Tires

Balkrishna Industries Limited is an India-based company that is engaged in the business of manufacturing and selling of off-highway tires (OHT) in the specialist segments, such as agricultural, industrial and construction, earthmovers and port, mining, forestry, lawn and garden and all-terrain vehicles (ATV) and Turf care applications in both cross ply and radial construction. The Company’s agricultural applications include tractor, harvester, implements, telehandler, agro truck, go-kart, golf kart, mower, fertilizer truck, compact loader, backhoe loader, mobile home, universal vehicle, and others. Its industrial applications include compactors, container handler, reach stacker, excavator, forklift, skid steer, grader, straddle carrier, RTG crane, mobile crane, terminal tractor, tow tractor, light truck, and others. Its off-the-road applications include articulated dump truck, rigid dump truck, load haul dump, low profile dump truck, underground mining vehicle, scraper, and others.

Key people

  • Arvind Kumar Mahabir Prasad PoddarExecutive Chairman of the Board, Managing Director
  • Saroj Kumar KhuntiaChief Financial Officer
  • Dilip M. VaidyaSenior President & Director - Technology
  • Vipul R. ShahCompliance Officer, Company Secretary, Whole-Time Director
  • Rajiv Arvind Kumar PoddarJoint Managing Director, Executive Director
  • Ravi JoshiDeputy Chief Financial Officer

Company facts

  • NSE symbolBALKRISIND
  • BSE code502355
  • ISININE787D01026
  • IndustryTires
  • IndexNIFTY 500
  • Market cap₹41,907 Cr
  • Revenue (FY26)₹10,823 Cr
  • Net profit (FY26)₹1,243 Cr

In the News

Recent headlines about Balkrishna Industries — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Balkrishna Industries (NSE: BALKRISIND) last traded at ₹2,170.40 on the NSE, down 1.39% (₹30.59) on the day, as of 24 Sep 2026, 9:41 AM. On the BSE it was ₹2,167.80. The day's range was ₹2,166.00 – ₹2,202.75.

Balkrishna Industries's 52-week high is ₹2,775.00 (10 Feb 2026) and its 52-week low is ₹1,971.50 (11 Jun 2026). At ₹2,170.40 the share is 21.8% below its high and 10.1% above its low.

Balkrishna Industries's market capitalisation is ₹41,907 Cr (₹41,907 Cr). It is part of the NIFTY 500 index.

Balkrishna Industries's P/E ratio (trailing 12 months) is 29.99. The sector average is 31.45, so investors pay 5% less for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹72.71.

Balkrishna Industries shares are down 11.89% over the last year, down 5.18% so far this year, down 0.37% over 6 months, down 1.08% over 3 months. Over the last year the stock did 3.33% worse than the market.

In FY26 (year to Mar 2026), Balkrishna Industries reported revenue of ₹10,823 Cr (up 3.60% on the year before) and a net profit of ₹1,243 Cr. Earnings per share were ₹64.30.

Yes. Balkrishna Industries's latest dividend is ₹4.00 per share (200%, interim dividend), with an ex-date of 4 Aug 2026. The dividend yield is 0.73%. It has paid 8 dividends in the records shown on this page.

Of 18 analysts covering Balkrishna Industries, 7 are bullish (4 strong buy, 3 buy), 3 say hold and 8 are bearish. The consensus is Hold (average rating 3.06 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 58.29%, FII 10.33%, MF 18.66%, Other 12.72%.

Balkrishna Industries's listed peers in Tires include MRF, Apollo Tyres, CEAT, JK Tyre & Industries, TVS Srichakra. By market capitalisation it ranks #2 of 6 in this group.