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Balkrishna Industries Ltd share Price

Company details

6M Return 29.86%
1Y Return 35.76%
Mkt Cap.(Cr) 49,396.36
Volume 97,834
Div Yield 0.63%
OI Chg %
Volume 97,834

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About The Stock

    Balkrishna Industries (BIL) is the leader in the niche tyre segment used in heavy machinery for mining and agriculture purposes.

    • Exports form lion’s share of its sales at ~80% of its revenues
    • Channel mix: replacement account for ~70% while OEM share is pegged at ~26%. Agriculture accounts for ~64% of volumes with OTR share at ~32%
    • It has consistently operated with high (>20%) margins & return ratios
Q3FY22 Results

    BIL reported muted Q3FY22 results.

    • Standalone net sales for the quarter stood at ₹ 2,030 crore, down 1% QoQ
    • EBITDA margins in Q3FY22 came in at 21.8%, down 352 bps QoQ
    • PAT stood at ₹ 328.6 crore, down 12.9% QoQ, hold up by higher other income & lower tax rate

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Investment recommendation
Call Date
22 Feb 2023
Entry Price 2,060.00
Target Price 2,170.00
12-18 Month


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Balkrishna Industries Ltd Stocks COMPARISION


Equity Capital: 7,556.93 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,065.79 -9,437.36
LAST 3M 48,885.55 -453.72
LAST 6M 53,246.77 148,781.31
LAST 12M 137,184.48 160,910.46

Balkrishna Industries Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Balkrishna Industries Ltd is in the Tyres sector is having a market capitalization worth Rs. 43,927.42 crores, it is incorporated in the year 1961. It has reported consolidated sales of Rs. 1,885.08 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 502355, and also listed on the National Stock Exchange (NSE) with the code BALKRISIND.

    Balkrishna Industries is involved in the production of specialty tires commonly known as Off-Highway Tyre. These tyres fulfills the requirements of Agriculture, Industrial, Construction, Earthmoving, Mining, Port, and All-Terrain Vehicles (ATVs). The company has established its presence in four continents of the world, namely, (i)Europe, (ii)America, and (iii)Australasia. Balkrishna Industries has also earned the status of "Four Star Export House’". Balkrishna Industries has built a team of 2861 employees. The company has installed four-tire manufacturing plants located in the states of (i)Maharashtra, (ii)Rajasthan, and (iii)Gujarat. The company has installed one Carbon Black manufacturing unit, one wind farm, and one mold unit. The promoters of the company own 58.3% of the stake, Foreign Institutional Investors (FII) own 15.18%, Domestic Institutional Investors (DII) own 14.09% stake in the company, and others (such as public & retail investors) hold the balance of 12.44%.

    In June 2021, quarterly net revenue was Rs. 1,813.07 crores, which has increased by approximately 95.22 % from Rs. 928.72 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 331.2 crores, which has improved sharply and increased by nearly 171.9% from a net profit of Rs. 121.81 crores in June 2020. In June 2021, the reported operating profit was at Rs. 1467.58 crores, which is also increased by 109.50% as compared to an operating profit of Rs. 700.5 crores for the quarter ending in June 2020. From an EPS of Rs. 6.3 in June 2020, the EPS of Balkrishna Industries Ltd has risen to an EPS of Rs. 17.13 per share in June 2021. BALKRISIND's stock closed at Rs. 2272.30 on 26th August’2021 (NSE). Balkrishna Industries Ltd has returned 43.78% in the last six months and returned 64.83% positively in the previous year.

Registered Address

B-66 Walu MIDC, Waluj Industrial Area, Aurangabad., Maharashtra, 431136

Tel : 91-0240-6646950/66663800
Email : shares:bkt-tires.com
Website : http://www.bkt-tires.com

Sharepro Services India P Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 502355
Book Closure Date (Month) :
BSE Group : A
ISIN : INE787D01026

FAQ’s on Balkrishna Industries Ltd Shares

You can buy Balkrishna Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Balkrishna Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 26, 2023 03:53 PM the closing price of Balkrishna Industries Ltd was ₹ 2,555.20.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 26, 2023 03:53 PM, the market cap of Balkrishna Industries Ltd stood at ₹ 49,396.36.

The latest PE ratio of Balkrishna Industries Ltd as of Sep 26, 2023 03:53 PM is 45.65

The latest PB ratio of Balkrishna Industries Ltd as of Sep 26, 2023 03:53 PM is 0.15

The 52-week high of Balkrishna Industries Ltd is ₹ 2,578.90 while the 52-week low is ₹ 1,796.30

According to analyst recommendations, Balkrishna Industries Ltd has a “Buy” rating for the long term.

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