Skip to content
thestock.space

As of 6 Nov 2026, Balkrishna Industries trades at 32.7× trailing earnings, above the industry P/E of 25.6×, and the shares are 13% below their 52-week high. Sales and net profit grew 3.6% and 5.5% a year over 3 years, with ROCE of 14% and ROE of 12%. Debt is 0.38× equity, and its dividend yield is 0.7%. It is a mid-cap company with a market cap of ₹46,589 Cr, ranked 7th of 140 Auto Parts companies by market cap; the shares rose 1.6% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹2,400.00
Day high
₹2,416.60
Day low
₹2,342.70
Prev. close
₹2,401.90
Volume
1.7 L

Health check

1 good · 3 fair · 2 to check
  • ReturnsIn line

    +1.6% over a year, better than 3 of 7 peers.

  • Price tagPricier

    P/E 32.7 vs industry 25.6.

  • GrowthSlow

    Sales +3.6%, profit +5.5% a year over 3 years.

  • ProfitabilityAverage

    ROCE 13.8% vs peer median 16.3%.

  • Balance sheetFair

    Debt 0.38× equity, interest covered 16.4×, Piotroski 5 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Auto Parts

139 listed peers. Screen the industry

Mid cap

₹46,589 Cr, #7 of 140 in its industry by size.

Defensive

Beta 0.36 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹11,518 Cr · profit ₹1,406 Cr
Market cap
₹46,589 Cr
Mid cap
P/E
32.7
Industry 25.6
Price to book
4.25
Peers 8.75
Dividend yield
0.71%
ROE
11.6%
Peers 15.1%
ROCE
13.8%
Peers 16.3%
Debt to equity
0.38
Debt ₹4,111 Cr
EPS (TTM)
₹73.71
Face value ₹2
OPM (TTM)
21.1%
Net margin 12.2%
Sales growth
+25.2%
Latest quarter vs a year ago
Profit growth
+56.4%
Latest quarter vs a year ago
Price to sales
4.04
EV/EBITDA 16.3

Strengths and risks

Strengths

  • Quarterly profit up 56.4% on a year ago.
  • Quarterly sales up 25.2% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Balkrishna Industries

Balkrishna Industries Limited manufactures and sells tires under the BKT brand in India, Europe, North America, and internationally. The company provides manufacturing and selling of off-highway tires (OHT) for use in various applications, such as agriculture, construction, earthmoving, mining and quarrying, industry, and port operations. It also offers two-wheeler, passenger car radial, and commercial vehicle radial tyres, as well as carbon black.…

Headquarters
Mumbai
Employees
4,170
Sector
Consumer Cyclical
ISIN
INE787D01026

Price range

52 weeks

₹1,964.70₹2,775.00

Today

₹2,342.70₹2,416.60
Avg volume (3M)
4 L
1-year return
plus 1.6%
From 52-week high
minus 13.2%

Analyst consensus

19 analysts
HoldMean target ₹2,452.16 plus 1.7%

Target range, with today’s price

Low ₹1,981.00High ₹2,950.00

Next results expected around 27 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Company
MOTHERSONSamvardhana Motherson International158.55minus 5.62%1,68,54935.43.7011.5%10.2%9.6%17.1%37.2%0.32%plus 60.8%
BOSCHLTDBosch50,700.00minus 3.38%1,49,54554.219.5024.2%19.4%13.4%10.3%24.8%0.53%plus 38.6%
UNOMINDAUNO Minda1,326.00minus 0.67%76,57258.111.2120.5%19.1%11.0%20.5%22.3%0.22%plus 6.6%
SONACOMSSona BLW Precision Forgings900.00minus 1.67%56,26675.08.7513.2%11.9%23.2%18.8%17.4%0.40%plus 89.2%
SCHAEFFLERSchaeffler India3,519.70minus 1.17%55,01441.98.9725.7%20.2%17.9%12.3%9.4%0.99%minus 13.9%
MRFMRF1,25,295.00minus 0.50%53,13922.02.5315.6%12.3%15.1%10.6%46.7%0.19%minus 20.3%
BALKRISINDBalkrishna Industries2,410.00plus 0.34%46,58932.74.2513.8%11.6%21.1%3.6%5.5%0.71%plus 1.6%
ENDURANCEEndurance Technologies2,501.90minus 0.70%35,19234.64.8716.3%15.1%12.7%18.2%25.7%0.46%minus 13.2%
Median of 7 peers–−1.17%56,26641.98.7516.3%15.1%13.4%17.1%24.8%0.40%6.6%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
2,7602,7372,9333,4553,472
2,2542,0942,2932,7112,838
506643640744634
18.3%23.5%21.8%21.5%18.2%
10777.4−3.999.743.5
30.834.136.236.867.5
188195199206220
394491401601389
26.9%22.2%25.3%25.0%24.8%
288382299451293
14.9119.7715.4923.3215.13

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+3.6%
Profit CAGR 3Y
+5.5%
EPS CAGR 3Y
+5.5%
ROE
11.6%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
9,6469,30410,35710,730
–minus 3.5%+11.3%+3.6%
7,9317,0487,8988,139
1,7152,2572,4592,591
17.8%24.3%23.7%24.1%
284223339−237
42.5101110107
571651681775
48.8213180171
1,4351,9412,1871,644
26.3%24.2%24.3%24.4%
1,0571,4711,6551,243
–+39.2%+12.5%minus 24.9%
54.7076.1285.6164.30

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
38.738.738.738.7
7,5188,81510,34910,917
3,3473,0993,2674,111
1,4441,7311,9802,700
12,34813,68515,63517,766
6,9897,4718,31310,693
1,6771,2201,4373,346
1,2621,3371,5621,796
8441,4241,7831,388
1,5762,2332,540542
12,34813,68515,63517,766

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,4482,0821,7642,249
−1,783−1,476−1,479−2,523
359−601−279254
23.45.25.7−19.4
−1,762−1,099−1,483−3,003
−315983281−754
−309−309−310−309

Shareholding pattern

Source: NSE filings
58.3%
promoters
  • Promoters58.29%
  • Public41.71%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202658.29%41.71%0.00
30 Jun 202658.29%41.71%0.00
31 Mar 202658.29%41.71%0.00
31 Dec 202558.29%41.71%0.00
30 Sep 202558.29%41.71%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you