Shares of Balkrishna Industries were trading at Rs 2,454.60, up 2.12% in early trade on Tuesday. At 9:29 am, the stock witnessed positive movement on the NSE. The stock is a constituent of the Nifty Midcap 150 index.
Financial Snapshot:
Balkrishna Industries' financial performance reveals the following:
Consolidated Quarterly Results:
HeadingJun 2024Sep 2024Dec 2024Mar 2025
Jun 2025RevenueRs 2,714.50 CroreRs 2,419.74 CroreRs 2,560.33 CroreRs 2,752.38 Crore
Rs 2,760.02 CroreNet ProfitRs 489.99 CroreRs 346.94 CroreRs 449.48 CroreRs 368.55 Crore
Rs 288.30 CroreEPS25.3517.9523.2519.06
14.91
The revenue for the quarter ending June 2025 stood at Rs 2,760.02 Crore, slightly higher than the Rs 2,714.50 Crore recorded in June 2024. However, the net profit decreased to Rs 288.30 Crore in June 2025 from Rs 489.99 Crore in June 2024.
Consolidated Yearly Results:
Heading2021202220232024
2025RevenueRs 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 CroreEPS60.9174.2554.7076.12
85.61BVPS310.39358.67390.94458.04
537.38ROE19.6220.7013.9916.61
15.93Debt to Equity0.170.360.440.35
0.31
The company's revenue for the year ending March 2025 increased to Rs 10,446.95 Crore from Rs 9,368.87 Crore in the previous year. The net profit also increased from Rs 1,471.49 Crore in March 2024 to Rs 1,654.96 Crore in March 2025.
Annual Income Statement:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021SalesRs 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
Cash Flow:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Operating 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 2021Share 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
Financial Ratios:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Basic EPS (Rs.)85.6176.1254.7074.25
60.91Diluted Eps (Rs.)85.6176.1254.7074.25
60.91Book Value [Excl. Reval Reserve]/Share (Rs.)537.38458.04390.94358.67
310.39Dividend/Share (Rs.)16.0016.0016.0028.00
17.00Face Value2222
2Gross Profit Margin (%)28.6828.8621.0429.49
34.28Operating Margin (%)22.1621.9215.1924.00
27.08Net Profit Margin (%)15.8415.7010.8317.30
20.36Return on Networth / Equity (%)15.9316.6113.9920.70
19.62ROCE (%)20.2920.4816.4725.71
25.00Return On Assets (%)10.5810.758.5613.07
14.41Current Ratio (X)1.321.271.171.20
1.31Quick Ratio (X)0.900.900.670.69
0.81Debt to Equity (x)0.310.350.440.36
0.17Interest Coverage Ratios (X)23.3523.9642.75267.40
137.64Asset Turnover Ratio (%)0.710.720.840.87
70.81Inventory Turnover Ratio (X)6.652.942.943.07
6.153 Yr CAGR Sales (%)12.2227.2842.4226.18
14.083 Yr CAGR Net Profit (%)7.3811.794.9736.21
26.51P/E (x)29.8430.4435.6828.77
27.72P/B (x)4.745.064.995.96
5.45EV/EBITDA (x)17.5117.6819.9617.91
16.95P/S (x)4.724.783.874.98
5.65
Corporate Actions:
Balkrishna Industries has a history of bonus issues and stock splits. The company announced a stock split on October 30, 2010, with the old face value of Rs 10 being split into a new face value of Rs 2. The ex-split date was December 20, 2010, and the record date was December 21, 2010.
The company has also announced several dividends. The most recent interim dividend was announced on July 18, 2025, for Rs 4.00 per share (200%), with an effective date of July 31, 2025.The stock’s positive movement reflects overall market dynamics. According to a Moneycontrol analysis on September 10, 2025, the sentiment is neutral.
