Balkrishna Industries LimitedNSE: BALKRISIND

Balkrishna Industries share price falls 2.02% in early trade

· Issued by Balkrishna Industries Limited

Balkrishna Industries' stock experienced a decline of 2.02%, reaching Rs 2,446.10 in Wednesday's early trading session. This movement places the stock among the losers on the Nifty Midcap 150 index. Balkrishna Industries is included as one of the stocks in the benchmark Nifty Midcap 150 index.

Financial Snapshot: The following table summarizes the key financial data for Balkrishna Industries.

Heading2021202220232024

2025

RevenueRs 5,783.19 CroreRs 8,295.12 CroreRs 9,759.53 CroreRs 9,368.87 Crore

Rs 10,446.95 CroreNet ProfitRs 1,177.53 CroreRs 1,435.38 CroreRs 1,057.40 CroreRs 1,471.49 Crore

Rs 1,654.96 CroreEPSRs 60.91Rs 74.25Rs 54.70Rs 76.12

Rs 85.61BVPSRs 310.39Rs 358.67Rs 390.94Rs 458.04

Rs 537.38ROE19.6220.7013.9916.61

15.93Debt to Equity0.170.360.440.35

0.31

The company's revenue has increased to Rs 10,446.95 crore in 2025 compared to Rs 9,368.87 crore in 2024. The net profit also increased from Rs 1,471.49 crore in 2024 to Rs 1,654.96 crore in 2025.

Consolidated Yearly Income Statement:

Mar 2025Mar 2024Mar 2023Mar 2022

Mar 2021

SalesRs 10,446 CroreRs 9,368 CroreRs 9,759 CroreRs 8,295 Crore

Rs 5,783 CroreOther IncomeRs 538 CroreRs 449 CroreRs 346 CroreRs 437 Crore

Rs 172 CroreTotal IncomeRs 10,985 CroreRs 9,818 CroreRs 10,106 CroreRs 8,733 Crore

Rs 5,955 CroreTotal ExpenditureRs 8,670 CroreRs 7,764 CroreRs 8,623 CroreRs 6,741 Crore

Rs 4,389 CroreEBITRs 2,315 CroreRs 2,053 CroreRs 1,482 CroreRs 1,991 Crore

Rs 1,566 CroreInterestRs 128 CroreRs 112 CroreRs 48 CroreRs 9 Crore

Rs 11 CroreTaxRs 532 CroreRs 469 CroreRs 377 CroreRs 546 Crore

Rs 377 CroreNet ProfitRs 1,654 CroreRs 1,471 CroreRs 1,057 CroreRs 1,435 Crore

Rs 1,177 Crore

Consolidated Quarterly Income Statement:

Jun 2025Mar 2025Dec 2024Sep 2024

Jun 2024

SalesRs 2,760 CroreRs 2,752 CroreRs 2,560 CroreRs 2,419 Crore

Rs 2,714 CroreOther IncomeRs 107 CroreRs 99 CroreRs 187 CroreRs 90 Crore

Rs 161 CroreTotal IncomeRs 2,867 CroreRs 2,851 CroreRs 2,747 CroreRs 2,510 Crore

Rs 2,876 CroreTotal ExpenditureRs 2,441 CroreRs 2,317 CroreRs 2,132 CroreRs 2,006 Crore

Rs 2,214 CroreEBITRs 425 CroreRs 534 CroreRs 615 CroreRs 503 Crore

Rs 661 CroreInterestRs 30 CroreRs 49 CroreRs 15 CroreRs 41 Crore

Rs 21 CroreTaxRs 106 CroreRs 116 CroreRs 150 CroreRs 115 Crore

Rs 149 CroreNet ProfitRs 288 CroreRs 368 CroreRs 449 CroreRs 346 Crore

Rs 489 Crore

Cash Flow:

Mar 2025Mar 2024Mar 2023Mar 2022

Mar 2021

Operating ActivitiesRs 1,764 CroreRs 2,082 CroreRs 1,447 CroreRs 908 Crore

Rs 1,339 CroreInvesting ActivitiesRs -1,479 CroreRs -1,475 CroreRs -1,783 CroreRs -1,897 Crore

Rs -1,173 CroreFinancing ActivitiesRs -279 CroreRs -601 CroreRs 358 CroreRs 980 Crore

Rs -158 CroreOthersRs 0 CroreRs 0 CroreRs 0 CroreRs 0 Crore

Rs 0 CroreNet Cash FlowRs 5 CroreRs 5 CroreRs 23 CroreRs -9 Crore

Rs 8 Crore

Balance Sheet:

Mar 2025Mar 2024Mar 2023Mar 2022

Mar 2021

Share CapitalRs 38 CroreRs 38 CroreRs 38 CroreRs 38 Crore

Rs 38 CroreReserves & SurplusRs 10,348 CroreRs 8,815 CroreRs 7,518 CroreRs 6,894 Crore

Rs 5,961 CroreCurrent LiabilitiesRs 4,226 CroreRs 3,660 CroreRs 3,349 CroreRs 3,235 Crore

Rs 1,901 CroreOther LiabilitiesRs 1,020 CroreRs 1,170 CroreRs 1,441 CroreRs 810 Crore

Rs 265 CroreTotal LiabilitiesRs 15,634 CroreRs 13,684 CroreRs 12,347 CroreRs 10,978 Crore

Rs 8,166 CroreFixed AssetsRs 7,926 CroreRs 7,261 CroreRs 6,775 CroreRs 5,277 Crore

Rs 4,225 CroreCurrent AssetsRs 5,571 CroreRs 4,644 CroreRs 3,927 CroreRs 3,894 Crore

Rs 2,481 CroreOther AssetsRs 2,136 CroreRs 1,778 CroreRs 1,644 CroreRs 1,807 Crore

Rs 1,458 CroreTotal AssetsRs 15,634 CroreRs 13,684 CroreRs 12,347 CroreRs 10,978 Crore

Rs 8,166 CroreContingent LiabilitiesRs 1,583 CroreRs 1,678 CroreRs 1,419 CroreRs 1,320 Crore

Rs 1,292 Crore

Key Financial Ratios:

Mar 2021Mar 2022Mar 2023Mar 2024

Mar 2025

Basic EPS (Rs.)60.9174.2554.7076.12

85.61Diluted Eps (Rs.)60.9174.2554.7076.12

85.61Book Value /Share (Rs.)310.39358.67390.94458.04

537.38Dividend/Share (Rs.)17.0028.0016.0016.00

16.00Face Value2222

2Gross Profit Margin (%)34.2829.4921.0428.86

28.68Operating Margin (%)27.0824.0015.1921.92

22.16Net Profit Margin (%)20.3617.3010.8315.70

15.84Return on Networth / Equity (%)19.6220.7013.9916.61

15.93ROCE (%)25.0025.7116.4720.48

20.29Return On Assets (%)14.4113.078.5610.75

10.58Current Ratio (X)1.311.201.171.27

1.32Quick Ratio (X)0.810.690.670.90

0.90Debt to Equity (x)0.170.360.440.35

0.31Interest Coverage Ratios (X)137.64267.4042.7523.96

23.35Asset Turnover Ratio (%)70.810.870.840.72

0.71Inventory Turnover Ratio (X)6.153.072.942.94

6.653 Yr CAGR Sales (%)14.0826.1842.4227.28

12.223 Yr CAGR Net Profit (%)26.5136.214.9711.79

7.38P/E (x)27.7228.7735.6830.44

29.84P/B (x)5.455.964.995.06

4.74EV/EBITDA (x)16.9517.9119.9617.68

17.51P/S (x)5.654.983.874.78

4.72

Corporate Actions: Balkrishna Industries has announced several corporate actions, including dividend payouts and bonus issues. The company announced a split on 2010-10-30, where the old face value of Rs 10 was split into a new face value of Rs 2. The ex-split date was 20 Dec, 2010, and the record date was 2010-12-21.

The company has announced several dividends, including an interim dividend of Rs 4.00 per share (200%) announced on 2025-07-18, with an effective date of 2025-07-31. Other dividends were announced on 2025-05-23, 2025-01-22, 2024-10-21 and 2024-08-02.

The stock has issued bonus shares multiple times, including on 2017-11-08 with a bonus ratio of 1:1, on 2005-05-16 with a bonus ratio of 1:2, on 2003-10-30 with a bonus ratio of 1:1, on 1994-07-22 with a bonus ratio of 1:1, and on 1991-09-30 with a bonus ratio of 1:1.

Moneycontrol analysis from 2025-09-17 suggests a bullish sentiment on Balkrishna Industries.In summary, Balkrishna Industries' stock is currently trading at Rs 2,446.10, reflecting a 2.02% decrease.