Balkrishna Industries Limited (BALKRISIND) AI Stock Analysis

• Market Cap: ₹437.86B
• Dividend Yield: 0.88%
• Average Volume (3M): 12.58K
• Price to Earnings (P/E): 30.1
• Beta (1Y): 0.92
• Revenue Growth: 3.72%
• EPS Growth: -15.32%
• Country: IN
• Employees: 3,590
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Auto - Parts
• EPS (TTM): 13.70
• Shares Outstanding: 193,317,180
• 10 Day Avg. Volume: 19,853
• 30 Day Avg. Volume: 12,577
• PEG Ratio: 2.36
• Price to Book (P/B): 4.70
• Price to Sales (P/S): 4.67
• P/FCF Ratio: 173.52
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,225.00
• Price Target Upside: -3.24% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 68 Neutral
• Price Target: ₹2,737.00 ▲(19.03% Upside)

Balkrishna Industries Limited shows strong financial performance with robust revenue growth and profitability, which is the most significant factor in the overall score. However, technical indicators suggest a bearish trend, and the valuation appears high, which could limit upside potential. The absence of recent earnings call insights or notable corporate events means these factors do not influence the score.

Balkrishna Industries Limited Business Overview & Revenue Model

Company Description

Balkrishna Industries Limited manufactures and sells tires worldwide. It offers rubber tires, tubes, and carbon black products. The company provides off-highway tires for use in various applications, such as agricultural, industrial and construction, earthmoving and port, mining, forestry, lawn and garden, and all-terrain vehicles. It sells its products through a network of distributors. The company was incorporated in 1961 and is headquartered in Mumbai, India.

How the Company Makes Money

Balkrishna Industries generates revenue primarily through the sale of its off-highway tyres, which are designed for various applications including agriculture, construction, mining, and material handling. The company operates a multi-channel distribution model, selling its products through a network of dealers, distributors, and direct sales to large clients. Key revenue streams include domestic and export sales, with a notable portion of income derived from international markets. The company also benefits from strategic partnerships with OEMs (original equipment manufacturers) and has a strong brand reputation that enables premium pricing. Additionally, BALKRISIND invests in research and development to enhance product offerings, which helps in maintaining a competitive edge and driving sales growth.

Balkrishna Industries Limited Financial Statement Overview

Summary

Balkrishna Industries Limited demonstrates robust financial health with strong revenue growth and profitability. The balance sheet is solid with manageable debt levels, and cash flow generation shows improvement. Continuous attention to maintaining cash flow stability and managing leverage will enhance financial resilience.

Income Statement

Balkrishna Industries Limited has shown a strong revenue growth trajectory with consistent increases over the years. The gross profit and net profit margins are robust, indicating effective cost management and operational efficiency. EBIT and EBITDA margins are healthy, underscoring profitability. However, there was a notable dip in EBIT in 2024, which has since recovered, showing resilience.

Balance Sheet

The balance sheet reflects a stable financial position with a strong equity base. The debt-to-equity ratio is reasonable, suggesting a balanced approach to leverage. Return on equity is solid, but there is room for improvement. The equity ratio indicates a well-capitalized company, although there was a slight increase in total debt in 2025, which warrants monitoring.

Cash Flow

Cash flow analysis reveals positive free cash flow growth in 2025 after a downturn in previous years. The operating cash flow to net income ratio is strong, showing efficient cash generation. However, fluctuations in free cash flow highlight potential volatility, primarily due to capital expenditures. Continued focus on cash flow stability is recommended.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	104.92B	104.47B	93.04B	96.55B	82.13B	56.76B
Gross Profit	53.91B	53.86B	44.89B	28.83B	39.39B	30.20B
EBITDA	26.77B	24.58B	26.93B	20.49B	24.45B	19.81B
Net Income	14.53B	16.55B	14.71B	10.57B	14.35B	11.78B
Balance Sheet
Total Assets	0.00	156.35B	136.85B	123.48B	109.79B	81.66B
Cash, Cash Equivalents and Short-Term Investments	17.83B	17.83B	14.24B	8.44B	7.30B	4.47B
Total Debt	0.00	32.67B	30.99B	33.47B	25.29B	10.01B
Total Liabilities	-103.88B	52.47B	48.31B	47.91B	40.46B	21.67B
Stockholders Equity	103.88B	103.88B	88.54B	75.57B	69.33B	60.00B
Cash Flow
Free Cash Flow	0.00	2.81B	9.45B	-3.15B	-6.87B	4.13B
Operating Cash Flow	0.00	17.64B	20.82B	14.48B	9.08B	13.39B
Investing Cash Flow	0.00	-14.79B	-14.76B	-17.83B	-18.97B	-11.73B
Financing Cash Flow	0.00	-2.79B	-6.02B	3.59B	9.80B	-1.58B

Balkrishna Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2299.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BALKRISIND, the sentiment is Negative. The current price of 2299.5 is above the 20-day moving average (MA) of 2289.35, below the 50-day MA of 2343.27, and below the 200-day MA of 2519.30, indicating a neutral trend. The MACD of -11.23 indicates Negative momentum. The RSI at 46.35 is Neutral, neither overbought nor oversold. The STOCH value of 46.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BALKRISIND.

Balkrishna Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRF	―	₹684.67B	36.75	―	0.15%	10.44%	-12.83%
BALKRISIND	―	₹437.86B	30.13	―	0.88%	3.72%	-15.32%
CEATLTD	―	₹151.00B	30.51	―	0.74%	12.61%	-12.56%
JKTYRE	―	₹106.90B	23.81	―	0.69%	4.55%	-30.30%
APOLLOTYRE	―	₹310.95B	37.36	―	1.00%	3.46%	-48.85%
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TVSSRICHAK	―	₹31.50B	117.49	―	0.41%	8.87%	-71.38%

Balkrishna Industries Limited Corporate Events

Balkrishna Industries Sets Record Date for Potential Interim Dividend

Balkrishna Industries Limited has announced the fixation of a record date, November 7, 2025, to determine shareholder eligibility for the potential declaration of a second interim dividend for the financial year 2025-26. This announcement is part of the company’s compliance with SEBI regulations and reflects its ongoing commitment to shareholder value, potentially impacting investor sentiment and market positioning.

Balkrishna Industries to Review Financial Results and Potential Dividend Declaration

Balkrishna Industries Limited has announced that its Board of Directors will meet on October 31, 2025, to consider the unaudited financial results for the quarter and half-year ending September 30, 2025, and to discuss the declaration of a second interim dividend for the financial year 2025-26. The record date for the dividend, if declared, is set for November 6, 2025. This announcement could impact the company’s financial positioning and shareholder returns, highlighting its commitment to maintaining shareholder value.