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Balkrishna Industries Limited Fundamental Analysis Revenue, Profits & Valuation

NSE: BALKRISIND | BSE: 502355 | TYRES
Price ₹2,200.40 +₹50.10 (+2.33%)
P/E Ratio 25.7 TTM
52-Week Range
Low ₹2,015 High ₹2,801
Market Cap ₹473.72B Billion
ROE 15.9% Annual

Market data as of Jun 3, 2026

What do the numbers say about Balkrishna Industries Limited (BALKRISIND)? Here's a look at its financials, valuation, and ownership data.

Balkrishna Industries Revenue Trend

In FY2025, Balkrishna Industries Limited posted revenue of ₹10,986 Cr, up 11.9% from ₹9,818 Cr a year earlier.

The 10-year revenue CAGR of 11.2% is a good number — Balkrishna Industries Limited's top line has expanded meaningfully from ₹3,817 Cr to ₹10,986 Cr.

A ₹10,986 Cr revenue base makes Balkrishna Industries Limited a major name in the Indian tyres sector.

Revenue Trend
YearRevenueYoY %
FY2025₹10,986 Cr+11.9%
FY2024₹9,818 Cr-2.8%
FY2023₹10,106 Cr+15.7%
FY2022₹8,733 Cr+51.0%
FY2021₹5,783 Cr
Revenue Trend (₹ Cr)

View Balkrishna Industries Limited's full 10-year revenue trend with CAGR analysis →

Balkrishna Industries Profitability

The bottom line looked healthy: Balkrishna Industries Limited posted net profit of ₹1,655 Cr in FY2025, 12.5% above FY2024.

Net margin was steady at 15.1% in FY2025, suggesting a stable cost structure.

Earnings per share (diluted) were ₹85.61 in FY2025, up from ₹76.12.

Net Profit Trend (₹ Cr)

Is Balkrishna Industries Undervalued

Under the P/E Ratio approach, Balkrishna Industries Limited's estimated fair value is ₹2,878 (30.8% upside).

Balkrishna Industries Limited shares are currently trading at ₹2,200.40.

Craytheon also calculates intrinsic value using the EPS Growth model. The full breakdown with assumptions is available in the detailed analysis.

Valuation Models
ModelEst. Fair Valuevs. Current Price
P/E Ratio₹2,87830.8% upside to fair value
EPS GrowthUpgradeUpgrade

See all valuation models for Balkrishna Industries Limited with detailed assumptions →

Balkrishna Industries Shareholding Pattern

Promoters continue to hold 58.3% of the company, unchanged over recent quarters.

Foreign institutions moved their stake up to 11.1% from 10.5% over the past year.

Domestic investors held 24.3% of the company as of March 2026, down year-over-year from 24.8%.

Shareholding Pattern (Last 4 Quarters)
QuarterPromoterFIIDIIPublic
Mar 202658.3%11.1%24.3%6.3%
Dec 202558.3%11.0%24.4%6.3%
Sep 202558.3%10.7%24.7%6.3%
Jun 202558.3%10.5%24.8%6.4%

Track quarterly shareholding changes for Balkrishna Industries Limited →

Balkrishna Industries Balance Sheet

Proportional view as of 3 Jun 2026. Hover blocks for details.

Assets

Liabilities & Equity

FY2025 total assets: ₹156.34B (up 14.2% YoY from ₹136.85B).

Top categories: Property, Plant & Equipment (50.2%), Cash & ST Investments (11.4%), Inventories (11.4%).

Of the ₹156.35B in liabilities and equity, 66.4% is shareholder equity, 20.9% is interest-bearing debt, and 12.7% is operating liabilities. Over the year, debt is up 5.4% and equity is up 17.3%.

Balance sheet composition — FY 2025

Assets (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Cash & ST Investments 17.83B
Receivables 14.95B
Inventories 17.82B
Property, Plant & Equipment 78.42B
Investments 15.62B
Intangibles & Goodwill 37.30M
Other Assets 11.68B
Liabilities and equity (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Equity 103.88B
Short-term Debt 28.76B
Long-term Debt 3.92B
Trade Payables 7.54B
Other Liabilities 12.26B

View full balance sheet (multi-year) →

Balkrishna Industries Investment Snapshot

To sum up Balkrishna Industries Limited's financial position: the data paints a clear picture for investors evaluating this tyres stock.

Revenue of ₹10,986 Cr in FY2025, up 11.9% year-over-year.

Long-term revenue has been compounding at 11.2% annually over 10 years.

The company is profitable, with a net margin of 15.1% and net income of ₹1,655 Cr.

The P/E Ratio model implies 30.8% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.

Unlock Full Analysis

Craytheon's full analysis of Balkrishna Industries Limited goes deeper: three valuation models, growth metrics, and 10 years of financial data.

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